COSCO SHIPPING Holdings Co. Ltd
COSCO SHIPPING Holdings Co., Ltd., an investment holding company, engages in the container shipping in the United States, Europe, the Asia Pacific, Mainland China, and internationally. It operates through Container Shipping Business, Terminal Business, and Other Businesses segments. The company offers routes and maritime container transportation services, logistics and port service, and digital s… Read more
COSCO SHIPPING Holdings Co. Ltd (CICOF) - Net Assets
Latest net assets as of June 2025: $282.89 Billion USD
Based on the latest financial reports, COSCO SHIPPING Holdings Co. Ltd (CICOF) has net assets worth $282.89 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($498.50 Billion) and total liabilities ($215.60 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $282.89 Billion |
| % of Total Assets | 56.75% |
| Annual Growth Rate | 21.31% |
| 5-Year Change | 262.22% |
| 10-Year Change | 534.34% |
| Growth Volatility | 48.48 |
COSCO SHIPPING Holdings Co. Ltd - Net Assets Trend (2003–2024)
This chart illustrates how COSCO SHIPPING Holdings Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for COSCO SHIPPING Holdings Co. Ltd (2003–2024)
The table below shows the annual net assets of COSCO SHIPPING Holdings Co. Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $285.06 Billion | +17.20% |
| 2023-12-31 | $243.22 Billion | -4.06% |
| 2022-12-31 | $253.52 Billion | +41.74% |
| 2021-12-31 | $178.86 Billion | +127.28% |
| 2020-12-31 | $78.70 Billion | +13.85% |
| 2019-12-31 | $69.13 Billion | +22.66% |
| 2018-12-31 | $56.35 Billion | +28.92% |
| 2017-12-31 | $43.71 Billion | +16.41% |
| 2016-12-31 | $37.55 Billion | -16.44% |
| 2015-12-31 | $44.94 Billion | +4.61% |
| 2014-12-31 | $42.96 Billion | +2.00% |
| 2013-12-31 | $42.11 Billion | +1.00% |
| 2012-12-31 | $41.70 Billion | -16.89% |
| 2011-12-31 | $50.17 Billion | -19.37% |
| 2010-12-31 | $62.22 Billion | +16.53% |
| 2009-12-31 | $53.39 Billion | -12.65% |
| 2008-12-31 | $61.12 Billion | +13.17% |
| 2007-12-31 | $54.01 Billion | +119.08% |
| 2006-12-31 | $24.65 Billion | +4.04% |
| 2005-12-31 | $23.70 Billion | +93.41% |
| 2004-12-31 | $12.25 Billion | +148.28% |
| 2003-12-31 | $4.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to COSCO SHIPPING Holdings Co. Ltd'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 532878804263.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.96 Billion | 6.80% |
| Other Components | $218.71 Billion | 93.20% |
| Total Equity | $234.67 Billion | 100.00% |
COSCO SHIPPING Holdings Co. Ltd Competitors by Market Cap
The table below lists competitors of COSCO SHIPPING Holdings Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Segro Plc
PINK:SEGXF
|
$11.01 Billion |
|
Gartner Inc
NYSE:IT
|
$11.01 Billion |
|
Ryanair Holdings PLC
PINK:RYAOF
|
$11.01 Billion |
|
The New York Times Company
F:NYT
|
$11.01 Billion |
|
TCL Corp
SHE:000100
|
$11.00 Billion |
|
Marks & Spencer Group Plc
OTCQX:MAKSY
|
$10.99 Billion |
|
Stanley Black & Decker Inc
NYSE:SWK
|
$10.98 Billion |
|
Axa Equitable Holdings Inc
NYSE:EQH
|
$10.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COSCO SHIPPING Holdings Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 196,115,257,000 to 234,668,063,000, a change of 38,552,806,000 (19.7%).
- Net income of 49,172,465,000 contributed positively to equity growth.
- Dividend payments of 12,050,398,000 reduced retained earnings.
- Share repurchases of 2,017,951,000 reduced equity.
- New share issuances of 3,302,000 increased equity.
- Other comprehensive income decreased equity by 2,443,334,000.
- Other factors increased equity by 5,888,722,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $49.17 Billion | +20.95% |
| Dividends Paid | $12.05 Billion | -5.14% |
| Share Repurchases | $2.02 Billion | -0.86% |
| Share Issuances | $3.30 Million | +0.0% |
| Other Comprehensive Income | $-2.44 Billion | -1.04% |
| Other Changes | $5.89 Billion | +2.51% |
| Total Change | $- | 19.66% |
Book Value vs Market Value Analysis
This analysis compares COSCO SHIPPING Holdings Co. Ltd'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: 0.10x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 10.43x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $0.14 | $1.50 | x |
| 2004-12-31 | $0.77 | $1.50 | x |
| 2005-12-31 | $2.11 | $1.50 | x |
| 2006-12-31 | $1.54 | $1.50 | x |
| 2007-12-31 | $3.71 | $1.50 | x |
| 2008-12-31 | $3.93 | $1.50 | x |
| 2009-12-31 | $3.23 | $1.50 | x |
| 2010-12-31 | $3.58 | $1.50 | x |
| 2011-12-31 | $2.61 | $1.50 | x |
| 2012-12-31 | $1.90 | $1.50 | x |
| 2013-12-31 | $1.58 | $1.50 | x |
| 2014-12-31 | $2.07 | $1.50 | x |
| 2015-12-31 | $2.02 | $1.50 | x |
| 2016-12-31 | $1.38 | $1.50 | x |
| 2017-12-31 | $1.55 | $1.50 | x |
| 2018-12-31 | $1.72 | $1.50 | x |
| 2019-12-31 | $2.25 | $1.50 | x |
| 2020-12-31 | $2.76 | $1.50 | x |
| 2021-12-31 | $8.31 | $1.50 | x |
| 2022-12-31 | $12.45 | $1.50 | x |
| 2023-12-31 | $12.16 | $1.50 | x |
| 2024-12-31 | $14.71 | $1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COSCO SHIPPING Holdings Co. Ltd 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): 20.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.03%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.12x
- Recent ROE (20.95%) is above the historical average (17.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 142.41% | 6.78% | 0.78x | 26.77x | $1.52 Billion |
| 2004 | 60.52% | 12.64% | 0.69x | 6.96x | $3.09 Billion |
| 2005 | 24.40% | 12.14% | 0.67x | 3.00x | $2.43 Billion |
| 2006 | 7.27% | 3.38% | 0.69x | 3.10x | $-459.91 Million |
| 2007 | 42.49% | 20.33% | 0.83x | 2.53x | $14.60 Billion |
| 2008 | 20.72% | 9.39% | 0.98x | 2.24x | $5.59 Billion |
| 2009 | -17.61% | -13.53% | 0.40x | 3.24x | $-11.82 Billion |
| 2010 | 14.17% | 8.40% | 0.53x | 3.16x | $1.99 Billion |
| 2011 | -30.12% | -15.16% | 0.44x | 4.54x | $-13.92 Billion |
| 2012 | -38.03% | -13.27% | 0.44x | 6.57x | $-12.07 Billion |
| 2013 | 0.97% | 0.38% | 0.38x | 6.68x | $-2.19 Billion |
| 2014 | 1.49% | 0.56% | 0.43x | 6.10x | $-2.08 Billion |
| 2015 | 1.15% | 0.49% | 0.39x | 6.01x | $-2.18 Billion |
| 2016 | -54.06% | -13.92% | 0.59x | 6.53x | $-11.74 Billion |
| 2017 | 12.88% | 2.94% | 0.68x | 6.44x | $595.01 Million |
| 2018 | 5.37% | 1.02% | 0.53x | 9.97x | $-1.06 Billion |
| 2019 | 19.13% | 4.48% | 0.58x | 7.42x | $3.23 Billion |
| 2020 | 22.61% | 5.80% | 0.63x | 6.19x | $5.54 Billion |
| 2021 | 67.13% | 26.78% | 0.81x | 3.11x | $76.04 Billion |
| 2022 | 54.79% | 28.08% | 0.76x | 2.55x | $89.75 Billion |
| 2023 | 12.17% | 13.63% | 0.38x | 2.36x | $4.25 Billion |
| 2024 | 20.95% | 21.03% | 0.47x | 2.12x | $25.71 Billion |
Industry Comparison
This section compares COSCO SHIPPING Holdings Co. Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COSCO SHIPPING Holdings Co. Ltd (CICOF) | $282.89 Billion | 142.41% | 0.76x | $11.00 Billion |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |