Xiamen Port Development Co Ltd

SHE:000905 China Marine Shipping
Market Cap
$1.16 Billion
CN¥8.51 Billion CNY
Market Cap Rank
#9801 Global
#2067 in China
Share Price
CN¥11.47
Change (1 day)
-4.10%
52-Week Range
CN¥6.98 - CN¥15.97
All Time High
CN¥16.31
Categories
Companies in China Marine Shipping
About

Xiamen Port Development Co., Ltd., together with its subsidiaries, engages in port terminals and related comprehensive logistics services in China. It also offers bulk cargo terminal loading and unloading, and storage; operates and leases berths; and port logistics services, including tugboat assistance for ships and cargoes entering and leaving the port, ship agency, cargo inspection and quarant… Read more

Xiamen Port Development Co Ltd (000905) - Net Assets

Latest net assets as of September 2025: CN¥6.54 Billion CNY

Based on the latest financial reports, Xiamen Port Development Co Ltd (000905) has net assets worth CN¥6.54 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.50 Billion) and total liabilities (CN¥6.96 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 CN¥6.54 Billion
% of Total Assets 48.46%
Annual Growth Rate 12.26%
5-Year Change 39.21%
10-Year Change 109.49%
Growth Volatility 25.65

Xiamen Port Development Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Xiamen Port Development 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 Xiamen Port Development Co Ltd (1996–2024)

The table below shows the annual net assets of Xiamen Port Development Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.40 Billion +1.68%
2023-12-31 CN¥6.29 Billion +2.42%
2022-12-31 CN¥6.15 Billion +26.04%
2021-12-31 CN¥4.88 Billion +6.06%
2020-12-31 CN¥4.60 Billion +3.50%
2019-12-31 CN¥4.44 Billion +23.19%
2018-12-31 CN¥3.61 Billion +2.15%
2017-12-31 CN¥3.53 Billion +9.28%
2016-12-31 CN¥3.23 Billion +5.73%
2015-12-31 CN¥3.06 Billion +8.40%
2014-12-31 CN¥2.82 Billion +13.22%
2013-12-31 CN¥2.49 Billion +15.84%
2012-12-31 CN¥2.15 Billion +13.78%
2011-12-31 CN¥1.89 Billion +7.99%
2010-12-31 CN¥1.75 Billion +5.80%
2009-12-31 CN¥1.65 Billion +0.56%
2008-12-31 CN¥1.64 Billion +6.17%
2007-12-31 CN¥1.55 Billion +7.72%
2006-12-31 CN¥1.44 Billion +9.23%
2005-12-31 CN¥1.32 Billion +6.91%
2004-12-31 CN¥1.23 Billion +18.26%
2003-12-31 CN¥1.04 Billion +9.29%
2002-12-31 CN¥952.29 Million -6.23%
2001-12-31 CN¥1.02 Billion +4.01%
2000-12-31 CN¥976.33 Million +4.29%
1999-12-31 CN¥936.16 Million +138.91%
1998-12-31 CN¥391.85 Million +41.36%
1997-12-31 CN¥277.21 Million +10.49%
1996-12-31 CN¥250.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xiamen Port Development 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 276561959300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.77 Billion 55.76%
Common Stock CN¥741.81 Million 14.96%
Other Comprehensive Income CN¥296.77 Million 5.98%
Other Components CN¥1.16 Billion 23.30%
Total Equity CN¥4.96 Billion 100.00%

Xiamen Port Development Co Ltd Competitors by Market Cap

The table below lists competitors of Xiamen Port Development Co Ltd ranked by their market capitalization.

Company Market Cap
Raffles Medical Group Ltd
F:02M1
 		$548.22 Million
Universal Health Realty Income Trust
NYSE:UHT
 		$548.70 Million
STAAR Surgical Company
NASDAQ:STAA
 		$548.73 Million
Frontier Biopharmaceuticals (Nanjing) Co. Ltd. A
SHG:688221
 		$548.84 Million
Odontoprev S.A
SA:ODPV3
 		$548.11 Million
Three Squirrels
SHE:300783
 		$548.09 Million
Beijing Tianyishangjia New Material Corp Ltd
SHG:688033
 		$547.67 Million
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S.
IS:EUPWR
 		$547.62 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xiamen Port Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,875,980,455 to 4,959,544,794, a change of 83,564,339 (1.7%).
  • Net income of 199,692,437 contributed positively to equity growth.
  • Dividend payments of 205,627,932 reduced retained earnings.
  • Other comprehensive income increased equity by 288,277,262.
  • Other factors decreased equity by 198,777,428.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥199.69 Million +4.03%
Dividends Paid CN¥205.63 Million -4.15%
Other Comprehensive Income CN¥288.28 Million +5.81%
Other Changes CN¥-198.78 Million -4.01%
Total Change CN¥- 1.71%

Book Value vs Market Value Analysis

This analysis compares Xiamen Port Development 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: 1.72x
  • 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 24.58x to 1.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.47 CN¥11.47 x
1997-12-31 CN¥0.52 CN¥11.47 x
1998-12-31 CN¥0.73 CN¥11.47 x
1999-12-31 CN¥1.74 CN¥11.47 x
2000-12-31 CN¥1.81 CN¥11.47 x
2001-12-31 CN¥1.88 CN¥11.47 x
2002-12-31 CN¥1.76 CN¥11.47 x
2003-12-31 CN¥1.92 CN¥11.47 x
2004-12-31 CN¥2.11 CN¥11.47 x
2005-12-31 CN¥2.25 CN¥11.47 x
2006-12-31 CN¥2.51 CN¥11.47 x
2007-12-31 CN¥2.65 CN¥11.47 x
2008-12-31 CN¥2.84 CN¥11.47 x
2009-12-31 CN¥2.94 CN¥11.47 x
2010-12-31 CN¥3.05 CN¥11.47 x
2011-12-31 CN¥3.26 CN¥11.47 x
2012-12-31 CN¥3.73 CN¥11.47 x
2013-12-31 CN¥4.31 CN¥11.47 x
2014-12-31 CN¥4.79 CN¥11.47 x
2015-12-31 CN¥5.26 CN¥11.47 x
2016-12-31 CN¥4.89 CN¥11.47 x
2017-12-31 CN¥5.03 CN¥11.47 x
2018-12-31 CN¥5.07 CN¥11.47 x
2019-12-31 CN¥6.41 CN¥11.47 x
2020-12-31 CN¥5.66 CN¥11.47 x
2021-12-31 CN¥5.96 CN¥11.47 x
2022-12-31 CN¥7.14 CN¥11.47 x
2023-12-31 CN¥6.57 CN¥11.47 x
2024-12-31 CN¥6.69 CN¥11.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xiamen Port Development 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): 4.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.90%
  • • Asset Turnover: 1.70x
  • • Equity Multiplier: 2.63x
  • Recent ROE (4.03%) is below the historical average (9.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 23.15% 76.32% 0.16x 1.93x CN¥32.99 Million
1997 30.03% 78.79% 0.14x 2.66x CN¥55.53 Million
1998 26.69% 85.08% 0.10x 3.26x CN¥65.42 Million
1999 19.55% 133.63% 0.05x 2.97x CN¥89.43 Million
2000 3.23% 13.64% 0.09x 2.76x CN¥-65.86 Million
2001 3.75% 14.89% 0.09x 2.78x CN¥-63.07 Million
2002 8.57% 24.53% 0.12x 3.00x CN¥-13.48 Million
2003 8.70% 21.62% 0.15x 2.64x CN¥-13.46 Million
2004 8.65% 18.23% 0.26x 1.81x CN¥-15.33 Million
2005 9.70% 15.71% 0.36x 1.72x CN¥-3.58 Million
2006 12.64% 18.31% 0.39x 1.79x CN¥35.18 Million
2007 10.56% 6.74% 0.64x 2.43x CN¥8.03 Million
2008 7.75% 4.27% 0.94x 1.93x CN¥-34.13 Million
2009 4.42% 4.45% 0.52x 1.91x CN¥-85.50 Million
2010 6.23% 6.42% 0.53x 1.84x CN¥-61.11 Million
2011 8.29% 6.01% 0.77x 1.80x CN¥-30.01 Million
2012 12.07% 8.00% 0.83x 1.83x CN¥41.12 Million
2013 14.38% 6.89% 1.14x 1.83x CN¥100.32 Million
2014 11.28% 3.82% 1.47x 2.00x CN¥32.61 Million
2015 9.30% 3.55% 1.40x 1.86x CN¥-19.38 Million
2016 7.97% 2.30% 1.22x 2.85x CN¥-52.60 Million
2017 4.06% 0.79% 1.70x 3.02x CN¥-158.67 Million
2018 0.94% 0.19% 1.57x 3.18x CN¥-243.55 Million
2019 5.50% 1.32% 1.45x 2.87x CN¥-153.23 Million
2020 6.23% 1.39% 1.51x 2.98x CN¥-131.65 Million
2021 6.43% 1.02% 2.14x 2.96x CN¥-132.99 Million
2022 5.20% 1.12% 1.84x 2.53x CN¥-227.62 Million
2023 4.75% 1.01% 1.72x 2.74x CN¥-255.82 Million
2024 4.03% 0.90% 1.70x 2.63x CN¥-296.26 Million

Industry Comparison

This section compares Xiamen Port Development Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

  • Industry: Marine Shipping
  • Average net assets among peers: $2,830,070,889
  • Average return on equity (ROE) among peers: 8.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xiamen Port Development Co Ltd (000905) CN¥6.54 Billion 23.15% 1.06x $548.17 Million
Shenzhen Yan Tian Port Holdings Co Ltd (000088) $4.90 Billion 8.37% 0.08x $854.51 Million
Zhuhai Port Co Ltd (000507) $999.45 Million 2.39% 0.15x $480.31 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520) $459.86 Million 22.27% 0.17x $416.89 Million
Beibuwan Port Co Ltd (000582) $548.41 Million 6.17% 0.68x $1.20 Billion
Nanjing Shenghang Shipping Co Ltd (001205) $1.31 Billion 9.91% 0.36x $262.01 Million
Nanjing Port Co Ltd (002040) $3.54 Billion 4.12% 0.34x $233.10 Million
Hainan Strait Shipping Co Ltd (002320) $6.26 Billion 6.92% 0.24x $782.78 Million
Guangdong Great River Smarter Logistics Co Ltd Class A (002930) $3.00 Billion 9.89% 2.16x $373.29 Million
Rizhao Port Co Ltd (600017) $4.46 Billion 7.80% 0.70x $693.50 Million