Jinhui Shipping and Transportation Limited (JIN) - Net Assets
Based on the latest financial reports, Jinhui Shipping and Transportation Limited (JIN) has net assets worth Nkr383.88 Million NOK (≈ $40.39 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr539.04 Million ≈ $56.72 Million USD) and total liabilities (Nkr155.17 Million ≈ $16.33 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Jinhui Shipping and Transportation Limit (JIN) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr383.88 Million |
| % of Total Assets | 71.21% |
| Annual Growth Rate | 6.63% |
| 5-Year Change | -11.99% |
| 10-Year Change | 69.54% |
| Growth Volatility | 29.01 |
Jinhui Shipping and Transportation Limited - Net Assets Trend (2002–2025)
This chart illustrates how Jinhui Shipping and Transportation Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Jinhui Shipping and Transportation Limit market cap and net worth.
Annual Net Assets for Jinhui Shipping and Transportation Limited (2002–2025)
The table below shows the annual net assets of Jinhui Shipping and Transportation Limited from 2002 to 2025. Also explore how fast is Jinhui Shipping and Transportation Limit growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr380.27 Million ≈ $40.02 Million |
+2.33% |
| 2024-12-31 | Nkr371.61 Million ≈ $39.10 Million |
+6.20% |
| 2023-12-31 | Nkr349.93 Million ≈ $36.82 Million |
-14.89% |
| 2022-12-31 | Nkr411.14 Million ≈ $43.26 Million |
-4.85% |
| 2021-12-31 | Nkr432.07 Million ≈ $45.47 Million |
+80.66% |
| 2020-12-31 | Nkr239.16 Million ≈ $25.17 Million |
-5.36% |
| 2019-12-31 | Nkr252.70 Million ≈ $26.59 Million |
+0.70% |
| 2018-12-31 | Nkr250.95 Million ≈ $26.41 Million |
+2.42% |
| 2017-12-31 | Nkr245.03 Million ≈ $25.78 Million |
+9.25% |
| 2016-12-31 | Nkr224.29 Million ≈ $23.60 Million |
-45.75% |
| 2015-12-31 | Nkr413.41 Million ≈ $43.50 Million |
-47.81% |
| 2014-12-31 | Nkr792.15 Million ≈ $83.36 Million |
-9.87% |
| 2013-12-31 | Nkr878.90 Million ≈ $92.49 Million |
+2.98% |
| 2012-12-31 | Nkr853.50 Million ≈ $89.81 Million |
+4.35% |
| 2011-12-31 | Nkr817.92 Million ≈ $86.07 Million |
+8.14% |
| 2010-12-31 | Nkr756.33 Million ≈ $79.59 Million |
+12.97% |
| 2009-12-31 | Nkr669.48 Million ≈ $70.45 Million |
+29.85% |
| 2008-12-31 | Nkr515.60 Million ≈ $54.26 Million |
+64.76% |
| 2007-12-31 | Nkr312.94 Million ≈ $32.93 Million |
+37.67% |
| 2006-12-31 | Nkr227.31 Million ≈ $23.92 Million |
+25.43% |
| 2005-12-31 | Nkr181.22 Million ≈ $19.07 Million |
+49.71% |
| 2004-12-31 | Nkr121.05 Million ≈ $12.74 Million |
+22.74% |
| 2003-12-31 | Nkr98.62 Million ≈ $10.38 Million |
+13.51% |
| 2002-12-31 | Nkr86.88 Million ≈ $9.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jinhui Shipping and Transportation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 26658800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr266.59 Million | 70.11% |
| Other Components | Nkr113.68 Million | 29.89% |
| Total Equity | Nkr380.27 Million | 100.00% |
Jinhui Shipping and Transportation Limited Competitors by Market Cap
The table below lists competitors of Jinhui Shipping and Transportation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Digital Mediatama Maxima PT
JK:DMMX
|
$79.12 Million |
|
AFC Gamma Inc
NASDAQ:AFCG
|
$79.12 Million |
|
Elevate Uranium Ltd
AU:EL8
|
$79.13 Million |
|
Alpine Select AG
SW:ALPN
|
$79.15 Million |
|
Min Aik Precision Industrial Co Ltd
TW:4545
|
$79.09 Million |
|
Tigo Energy Inc.
NASDAQ:TYGO
|
$79.08 Million |
|
Gascogne SA
PA:ALBI
|
$79.05 Million |
|
Ybox Real Estate Ltd
TA:YBOX
|
$79.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinhui Shipping and Transportation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 371,610,000 to 380,269,000, a change of 8,659,000 (2.3%).
- Net income of 12,544,000 contributed positively to equity growth.
- Dividend payments of 3,278,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr12.54 Million | +3.3% |
| Dividends Paid | Nkr3.28 Million | -0.86% |
| Other Changes | Nkr-607.00K | -0.16% |
| Total Change | Nkr- | 2.33% |
Book Value vs Market Value Analysis
This analysis compares Jinhui Shipping and Transportation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.83x to 1.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Nkr0.88 | Nkr6.88 | x |
| 2003-12-31 | Nkr1.00 | Nkr6.88 | x |
| 2004-12-31 | Nkr1.28 | Nkr6.88 | x |
| 2005-12-31 | Nkr2.14 | Nkr6.88 | x |
| 2006-12-31 | Nkr2.69 | Nkr6.88 | x |
| 2007-12-31 | Nkr3.70 | Nkr6.88 | x |
| 2008-12-31 | Nkr6.10 | Nkr6.88 | x |
| 2009-12-31 | Nkr7.92 | Nkr6.88 | x |
| 2010-12-31 | Nkr8.94 | Nkr6.88 | x |
| 2011-12-31 | Nkr9.67 | Nkr6.88 | x |
| 2012-12-31 | Nkr10.09 | Nkr6.88 | x |
| 2013-12-31 | Nkr10.39 | Nkr6.88 | x |
| 2014-12-31 | Nkr9.37 | Nkr6.88 | x |
| 2015-12-31 | Nkr4.89 | Nkr6.88 | x |
| 2016-12-31 | Nkr2.65 | Nkr6.88 | x |
| 2017-12-31 | Nkr2.59 | Nkr6.88 | x |
| 2018-12-31 | Nkr2.30 | Nkr6.88 | x |
| 2019-12-31 | Nkr2.31 | Nkr6.88 | x |
| 2020-12-31 | Nkr2.19 | Nkr6.88 | x |
| 2021-12-31 | Nkr5.41 | Nkr6.88 | x |
| 2022-12-31 | Nkr3.76 | Nkr6.88 | x |
| 2023-12-31 | Nkr3.20 | Nkr6.88 | x |
| 2024-12-31 | Nkr3.40 | Nkr6.88 | x |
| 2025-12-31 | Nkr3.48 | Nkr6.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinhui Shipping and Transportation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.97%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.45x
- Recent ROE (3.30%) is below the historical average (3.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -13.31% | -16.51% | 0.36x | 2.23x | Nkr-20.27 Million |
| 2003 | 11.81% | 11.23% | 0.50x | 2.11x | Nkr1.78 Million |
| 2004 | 41.65% | 23.30% | 0.92x | 1.95x | Nkr38.32 Million |
| 2005 | 52.87% | 44.67% | 0.62x | 1.90x | Nkr77.68 Million |
| 2006 | 21.81% | 31.75% | 0.35x | 1.99x | Nkr26.85 Million |
| 2007 | 27.36% | 28.90% | 0.36x | 2.62x | Nkr54.34 Million |
| 2008 | 46.32% | 50.26% | 0.47x | 1.97x | Nkr187.27 Million |
| 2009 | 22.98% | 44.04% | 0.28x | 1.84x | Nkr86.89 Million |
| 2010 | 11.48% | 24.93% | 0.25x | 1.83x | Nkr11.20 Million |
| 2011 | 7.53% | 20.17% | 0.21x | 1.80x | Nkr-20.22 Million |
| 2012 | 4.17% | 15.20% | 0.16x | 1.74x | Nkr-49.77 Million |
| 2013 | 2.89% | 11.68% | 0.15x | 1.61x | Nkr-62.49 Million |
| 2014 | -10.95% | -65.59% | 0.11x | 1.55x | Nkr-165.96 Million |
| 2015 | -91.62% | -438.85% | 0.11x | 1.84x | Nkr-420.08 Million |
| 2016 | -84.31% | -315.39% | 0.13x | 2.05x | Nkr-211.52 Million |
| 2017 | -1.65% | -5.48% | 0.18x | 1.65x | Nkr-28.53 Million |
| 2018 | 3.47% | 11.45% | 0.21x | 1.44x | Nkr-16.38 Million |
| 2019 | 1.78% | 7.12% | 0.16x | 1.61x | Nkr-20.78 Million |
| 2020 | -6.38% | -32.37% | 0.13x | 1.53x | Nkr-39.17 Million |
| 2021 | 44.95% | 148.16% | 0.24x | 1.27x | Nkr150.99 Million |
| 2022 | -1.73% | -4.67% | 0.28x | 1.31x | Nkr-48.23 Million |
| 2023 | -15.73% | -67.25% | 0.17x | 1.38x | Nkr-90.05 Million |
| 2024 | 6.46% | 15.11% | 0.30x | 1.41x | Nkr-13.16 Million |
| 2025 | 3.30% | 7.97% | 0.29x | 1.45x | Nkr-25.48 Million |
Industry Comparison
This section compares Jinhui Shipping and Transportation Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $432,943,290
- Average return on equity (ROE) among peers: 0.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinhui Shipping and Transportation Limited (JIN) | Nkr383.88 Million | -13.31% | 0.40x | $79.10 Million |
| 2020 Bulkers Ltd (2020) | $151.90 Million | 50.23% | 0.76x | $10.24 Million |
| ADS Maritime Holding Plc (ADS) | $55.99 Million | 0.00% | 0.65x | $18.23 Million |
| American Shipping Company ASA (AMSC) | $234.54 Million | 9.80% | 3.26x | $7.19K |
| Golden Energy Offshore Services AS (GEOS) | $231.72 Million | -84.34% | 5.32x | $47.91 Million |
| Golden Ocean Group Ltd (GOGL) | $222.31 Million | 21.62% | 0.49x | $1.75 Billion |
| Hafnia Ltd (HAFNI) | $366.79 Million | -50.88% | 2.11x | $4.62 Billion |
| Hoegh Autoliners ASA (HAUTO) | $1.42 Billion | 36.04% | 0.46x | $3.67 Billion |
| Havila Shipping ASA (HAVI) | $1.13 Billion | 27.25% | 2.90x | $32.00 Million |
| Himalaya Shipping Ltd (HSHP) | $91.78 Million | -1.06% | 0.04x | $829.61 Million |
About Jinhui Shipping and Transportation Limited
Jinhui Shipping and Transportation Limited, an investment holding company, engages in ship chartering and owning activities in China, Singapore, Norway, the United Arab Emirates, Denmark, South Korea, Switzerland, Germany, and internationally. The company offers marine transportation services through its dry bulk vessels. It also engages in property investment, money lending, ship management, and… Read more