COSCO SHIPPING Ports Limited
COSCO SHIPPING Ports Limited, an investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally. The company operates container, container freight stations, iron ore terminals, container terminals, and rail terminals, as well as offers financing, treasury, management, logistics, consultancy, container stevedoring, storage, inspection… Read more
COSCO SHIPPING Ports Limited (CSPKY) - Net Assets
Latest net assets as of September 2025: $7.37 Billion USD
Based on the latest financial reports, COSCO SHIPPING Ports Limited (CSPKY) has net assets worth $7.37 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.80 Billion) and total liabilities ($5.42 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 | $7.37 Billion |
| % of Total Assets | 57.61% |
| Annual Growth Rate | 8.5% |
| 5-Year Change | 10.48% |
| 10-Year Change | 36.2% |
| Growth Volatility | 9.17 |
COSCO SHIPPING Ports Limited - Net Assets Trend (1998–2024)
This chart illustrates how COSCO SHIPPING Ports Limited'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 Ports Limited (1998–2024)
The table below shows the annual net assets of COSCO SHIPPING Ports Limited from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.05 Billion | +2.96% |
| 2023-12-31 | $6.84 Billion | +3.31% |
| 2022-12-31 | $6.62 Billion | -4.57% |
| 2021-12-31 | $6.94 Billion | +8.83% |
| 2020-12-31 | $6.38 Billion | +10.62% |
| 2019-12-31 | $5.77 Billion | -0.94% |
| 2018-12-31 | $5.82 Billion | -0.44% |
| 2017-12-31 | $5.85 Billion | +22.65% |
| 2016-12-31 | $4.77 Billion | -7.87% |
| 2015-12-31 | $5.17 Billion | +2.26% |
| 2014-12-31 | $5.06 Billion | +4.44% |
| 2013-12-31 | $4.84 Billion | +14.85% |
| 2012-12-31 | $4.22 Billion | +8.69% |
| 2011-12-31 | $3.88 Billion | +11.06% |
| 2010-12-31 | $3.49 Billion | +22.23% |
| 2009-12-31 | $2.86 Billion | +8.01% |
| 2008-12-31 | $2.65 Billion | -4.63% |
| 2007-12-31 | $2.77 Billion | +25.65% |
| 2006-12-31 | $2.21 Billion | +16.81% |
| 2005-12-31 | $1.89 Billion | +27.53% |
| 2004-12-31 | $1.48 Billion | +11.46% |
| 2003-12-31 | $1.33 Billion | +2.59% |
| 2002-12-31 | $1.30 Billion | +7.32% |
| 2001-12-31 | $1.21 Billion | +12.04% |
| 2000-12-31 | $1.08 Billion | +9.06% |
| 1999-12-31 | $988.53 Million | +16.90% |
| 1998-12-31 | $845.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to COSCO SHIPPING Ports 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 451651700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.52 Billion | 76.16% |
| Common Stock | $48.28 Million | 0.81% |
| Other Comprehensive Income | $-817.36 Million | -13.78% |
| Other Components | $2.18 Billion | 36.81% |
| Total Equity | $5.93 Billion | 100.00% |
COSCO SHIPPING Ports Limited Competitors by Market Cap
The table below lists competitors of COSCO SHIPPING Ports Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blackstone Mortgage Trust Inc
NYSE:BXMT
|
$3.06 Billion |
|
Bosch Limited
NSE:BOSCHLTD
|
$3.06 Billion |
|
Griffon Corporation
NYSE:GFF
|
$3.06 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
$3.06 Billion |
|
Bread Financial Holdings, Inc.
NYSE:BFH
|
$3.06 Billion |
|
Treasury Wine Estates Ltd PK
PINK:TSRYY
|
$3.06 Billion |
|
Ayala Land Inc
PINK:AYAAF
|
$3.06 Billion |
|
LS Corp
KO:006260
|
$3.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COSCO SHIPPING Ports Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,770,731,000 to 5,930,639,000, a change of 159,908,000 (2.8%).
- Net income of 308,816,000 contributed positively to equity growth.
- Dividend payments of 18,748,000 reduced retained earnings.
- Other comprehensive income decreased equity by 122,998,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $308.82 Million | +5.21% |
| Dividends Paid | $18.75 Million | -0.32% |
| Other Comprehensive Income | $-123.00 Million | -2.07% |
| Other Changes | $-7.16 Million | -0.12% |
| Total Change | $- | 2.77% |
Book Value vs Market Value Analysis
This analysis compares COSCO SHIPPING Ports 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: 0.32x
- 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 0.81x to 0.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $6.48 | $5.26 | x |
| 1999-12-31 | $4.59 | $5.26 | x |
| 2000-12-31 | $5.01 | $5.26 | x |
| 2001-12-31 | $5.60 | $5.26 | x |
| 2002-12-31 | $6.00 | $5.26 | x |
| 2003-12-31 | $6.15 | $5.26 | x |
| 2004-12-31 | $6.79 | $5.26 | x |
| 2005-12-31 | $8.53 | $5.26 | x |
| 2006-12-31 | $9.76 | $5.26 | x |
| 2007-12-31 | $11.89 | $5.26 | x |
| 2008-12-31 | $11.36 | $5.26 | x |
| 2009-12-31 | $12.17 | $5.26 | x |
| 2010-12-31 | $13.12 | $5.26 | x |
| 2011-12-31 | $13.37 | $5.26 | x |
| 2012-12-31 | $14.46 | $5.26 | x |
| 2013-12-31 | $16.14 | $5.26 | x |
| 2014-12-31 | $16.21 | $5.26 | x |
| 2015-12-31 | $16.51 | $5.26 | x |
| 2016-12-31 | $14.63 | $5.26 | x |
| 2017-12-31 | $17.14 | $5.26 | x |
| 2018-12-31 | $16.82 | $5.26 | x |
| 2019-12-31 | $15.93 | $5.26 | x |
| 2020-12-31 | $17.27 | $5.26 | x |
| 2021-12-31 | $17.55 | $5.26 | x |
| 2022-12-31 | $16.41 | $5.26 | x |
| 2023-12-31 | $16.59 | $5.26 | x |
| 2024-12-31 | $16.33 | $5.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COSCO SHIPPING Ports 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): 5.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.55%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.03x
- Recent ROE (5.21%) is below the historical average (9.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 9.72% | 37.84% | 0.13x | 2.01x | $-2.40 Million |
| 1999 | 8.44% | 37.53% | 0.11x | 1.98x | $-15.36 Million |
| 2000 | 8.39% | 41.22% | 0.14x | 1.47x | $-17.27 Million |
| 2001 | 12.86% | 68.70% | 0.13x | 1.45x | $34.31 Million |
| 2002 | 12.00% | 63.96% | 0.14x | 1.36x | $25.77 Million |
| 2003 | 11.68% | 59.94% | 0.14x | 1.44x | $22.21 Million |
| 2004 | 14.01% | 74.93% | 0.12x | 1.52x | $59.01 Million |
| 2005 | 17.82% | 113.29% | 0.10x | 1.52x | $146.94 Million |
| 2006 | 13.55% | 115.95% | 0.09x | 1.37x | $77.19 Million |
| 2007 | 15.97% | 144.86% | 0.08x | 1.43x | $161.81 Million |
| 2008 | 10.96% | 82.78% | 0.08x | 1.65x | $24.58 Million |
| 2009 | 6.29% | 49.37% | 0.08x | 1.69x | $-101.70 Million |
| 2010 | 10.79% | 80.92% | 0.09x | 1.57x | $26.49 Million |
| 2011 | 10.72% | 64.89% | 0.09x | 1.78x | $26.04 Million |
| 2012 | 8.65% | 46.53% | 0.10x | 1.86x | $-53.21 Million |
| 2013 | 15.46% | 87.99% | 0.11x | 1.66x | $248.07 Million |
| 2014 | 6.17% | 33.65% | 0.11x | 1.61x | $-181.49 Million |
| 2015 | 7.85% | 47.82% | 0.10x | 1.58x | $-104.64 Million |
| 2016 | 5.67% | 44.40% | 0.08x | 1.56x | $-188.46 Million |
| 2017 | 9.88% | 80.74% | 0.07x | 1.73x | $-6.40 Million |
| 2018 | 6.28% | 32.45% | 0.11x | 1.75x | $-191.94 Million |
| 2019 | 6.17% | 29.97% | 0.10x | 2.10x | $-191.53 Million |
| 2020 | 6.26% | 34.73% | 0.09x | 2.02x | $-207.55 Million |
| 2021 | 6.10% | 29.35% | 0.10x | 2.07x | $-227.15 Million |
| 2022 | 5.56% | 21.28% | 0.13x | 2.05x | $-245.20 Million |
| 2023 | 5.62% | 22.32% | 0.12x | 2.07x | $-252.52 Million |
| 2024 | 5.21% | 20.55% | 0.13x | 2.03x | $-284.25 Million |
Industry Comparison
This section compares COSCO SHIPPING Ports Limited'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 Ports Limited (CSPKY) | $7.37 Billion | 9.72% | 0.74x | $3.06 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 |