SITC International Holdings Company Limited
SITC International Holdings Company Limited, a shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. The company offers container transportation, freight forwarding, shipping agency, depot, warehousing services, container vessel leasing, land leasing, and other ser… Read more
SITC International Holdings Company Limited (SITIY) - Net Assets
Latest net assets as of June 2025: $2.59 Billion USD
Based on the latest financial reports, SITC International Holdings Company Limited (SITIY) has net assets worth $2.59 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 ($3.34 Billion) and total liabilities ($753.24 Million). 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 | $2.59 Billion |
| % of Total Assets | 77.45% |
| Annual Growth Rate | 23.68% |
| 5-Year Change | 102.57% |
| 10-Year Change | 183.1% |
| Growth Volatility | 121.66 |
SITC International Holdings Company Limited - Net Assets Trend (2009–2024)
This chart illustrates how SITC International Holdings Company 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 SITC International Holdings Company Limited (2009–2024)
The table below shows the annual net assets of SITC International Holdings Company Limited from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.42 Billion | +25.40% |
| 2023-12-31 | $1.93 Billion | -10.81% |
| 2022-12-31 | $2.17 Billion | +42.84% |
| 2021-12-31 | $1.52 Billion | +26.79% |
| 2020-12-31 | $1.20 Billion | +17.24% |
| 2019-12-31 | $1.02 Billion | -2.50% |
| 2018-12-31 | $1.05 Billion | +7.64% |
| 2017-12-31 | $971.44 Million | +9.49% |
| 2016-12-31 | $887.24 Million | +3.73% |
| 2015-12-31 | $855.35 Million | +7.29% |
| 2014-12-31 | $797.19 Million | +6.96% |
| 2013-12-31 | $745.29 Million | +5.74% |
| 2012-12-31 | $704.83 Million | +7.99% |
| 2011-12-31 | $652.65 Million | +9.51% |
| 2010-12-31 | $595.97 Million | +496.44% |
| 2009-12-31 | $99.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SITC International Holdings Company 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 200771400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.01 Billion | 83.51% |
| Common Stock | $34.64 Million | 1.44% |
| Other Components | $361.88 Million | 15.05% |
| Total Equity | $2.40 Billion | 100.00% |
SITC International Holdings Company Limited Competitors by Market Cap
The table below lists competitors of SITC International Holdings Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FISHER + PAYKEL HEALTH.
F:FPLB
|
$11.49 Billion |
|
Synnex Corporation
NYSE:SNX
|
$11.51 Billion |
|
Advanced Energy Industries Inc
NASDAQ:AEIS
|
$11.51 Billion |
|
JSW Steel Limited
NSE:JSWSTEEL
|
$11.52 Billion |
|
Dynatrace Holdings LLC
NYSE:DT
|
$11.46 Billion |
|
Catalent Inc
NYSE:CTLT
|
$11.45 Billion |
|
Kerry Group
IR:KRZ
|
$11.45 Billion |
|
Asian Paints Limited
NSE:ASIANPAINT
|
$11.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SITC International Holdings Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,914,536,000 to 2,404,236,000, a change of 489,700,000 (25.6%).
- Net income of 1,028,325,000 contributed positively to equity growth.
- Dividend payments of 557,550,000 reduced retained earnings.
- Share repurchases of 5,083,000 reduced equity.
- New share issuances of 325,000 increased equity.
- Other comprehensive income increased equity by 65,133,000.
- Other factors decreased equity by 41,450,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.03 Billion | +42.77% |
| Dividends Paid | $557.55 Million | -23.19% |
| Share Repurchases | $5.08 Million | -0.21% |
| Share Issuances | $325.00K | +0.01% |
| Other Comprehensive Income | $65.13 Million | +2.71% |
| Other Changes | $-41.45 Million | -1.72% |
| Total Change | $- | 25.58% |
Book Value vs Market Value Analysis
This analysis compares SITC International Holdings Company 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: 2.64x
- 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 62.79x to 2.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.38 | $23.68 | x |
| 2010-12-31 | $2.27 | $23.68 | x |
| 2011-12-31 | $2.50 | $23.68 | x |
| 2012-12-31 | $2.72 | $23.68 | x |
| 2013-12-31 | $2.87 | $23.68 | x |
| 2014-12-31 | $3.05 | $23.68 | x |
| 2015-12-31 | $3.24 | $23.68 | x |
| 2016-12-31 | $3.36 | $23.68 | x |
| 2017-12-31 | $3.64 | $23.68 | x |
| 2018-12-31 | $3.88 | $23.68 | x |
| 2019-12-31 | $3.77 | $23.68 | x |
| 2020-12-31 | $4.42 | $23.68 | x |
| 2021-12-31 | $5.60 | $23.68 | x |
| 2022-12-31 | $8.01 | $23.68 | x |
| 2023-12-31 | $7.21 | $23.68 | x |
| 2024-12-31 | $8.96 | $23.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SITC International Holdings Company 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): 42.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.63%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.33x
- Recent ROE (42.77%) is above the historical average (29.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 32.80% | 4.63% | 2.00x | 3.53x | $22.35 Million |
| 2010 | 18.86% | 12.56% | 1.11x | 1.35x | $52.62 Million |
| 2011 | 14.41% | 8.61% | 1.26x | 1.33x | $28.66 Million |
| 2012 | 13.30% | 7.76% | 1.20x | 1.42x | $23.20 Million |
| 2013 | 15.12% | 8.87% | 1.00x | 1.71x | $38.08 Million |
| 2014 | 15.26% | 8.76% | 0.99x | 1.76x | $41.59 Million |
| 2015 | 16.88% | 11.15% | 0.93x | 1.62x | $58.40 Million |
| 2016 | 13.95% | 10.10% | 0.84x | 1.65x | $34.79 Million |
| 2017 | 19.58% | 13.99% | 0.84x | 1.67x | $92.26 Million |
| 2018 | 19.05% | 13.63% | 0.93x | 1.50x | $93.81 Million |
| 2019 | 21.77% | 14.16% | 0.89x | 1.73x | $118.95 Million |
| 2020 | 29.69% | 20.87% | 0.83x | 1.72x | $233.18 Million |
| 2021 | 77.43% | 38.60% | 1.11x | 1.81x | $1.01 Billion |
| 2022 | 90.42% | 47.28% | 1.33x | 1.43x | $1.73 Billion |
| 2023 | 27.76% | 21.88% | 0.92x | 1.39x | $339.94 Million |
| 2024 | 42.77% | 33.63% | 0.96x | 1.33x | $787.90 Million |
Industry Comparison
This section compares SITC International Holdings Company 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 |
|---|---|---|---|---|
| SITC International Holdings Company Limited (SITIY) | $2.59 Billion | 32.80% | 0.29x | $11.47 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 |