Xiamen Port Development Co Ltd (000905) - Net Assets
Based on the latest financial reports, Xiamen Port Development Co Ltd (000905) has net assets worth CN¥6.56 Billion CNY (≈ $959.27 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.25 Billion ≈ $1.94 Billion USD) and total liabilities (CN¥6.69 Billion ≈ $979.45 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 financial resilience of Xiamen Port Development Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.56 Billion |
| % of Total Assets | 49.48% |
| Annual Growth Rate | 11.91% |
| 5-Year Change | 34.45% |
| 10-Year Change | 102.94% |
| Growth Volatility | 25.29 |
Xiamen Port Development Co Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Xiamen Port Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000905 asset base for the complete picture of this company's asset base.
Annual Net Assets for Xiamen Port Development Co Ltd (1996–2025)
The table below shows the annual net assets of Xiamen Port Development Co Ltd from 1996 to 2025. For live valuation and market cap data, see Xiamen Port Development Co Ltd (000905) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.56 Billion ≈ $959.27 Million |
+2.43% |
| 2024-12-31 | CN¥6.40 Billion ≈ $936.52 Million |
+1.68% |
| 2023-12-31 | CN¥6.29 Billion ≈ $921.06 Million |
+2.42% |
| 2022-12-31 | CN¥6.15 Billion ≈ $899.30 Million |
+26.04% |
| 2021-12-31 | CN¥4.88 Billion ≈ $713.49 Million |
+6.06% |
| 2020-12-31 | CN¥4.60 Billion ≈ $672.75 Million |
+3.50% |
| 2019-12-31 | CN¥4.44 Billion ≈ $650.00 Million |
+23.19% |
| 2018-12-31 | CN¥3.61 Billion ≈ $527.65 Million |
+2.15% |
| 2017-12-31 | CN¥3.53 Billion ≈ $516.54 Million |
+9.28% |
| 2016-12-31 | CN¥3.23 Billion ≈ $472.68 Million |
+5.73% |
| 2015-12-31 | CN¥3.06 Billion ≈ $447.05 Million |
+8.40% |
| 2014-12-31 | CN¥2.82 Billion ≈ $412.41 Million |
+13.22% |
| 2013-12-31 | CN¥2.49 Billion ≈ $364.27 Million |
+15.84% |
| 2012-12-31 | CN¥2.15 Billion ≈ $314.47 Million |
+13.78% |
| 2011-12-31 | CN¥1.89 Billion ≈ $276.38 Million |
+7.99% |
| 2010-12-31 | CN¥1.75 Billion ≈ $255.93 Million |
+5.80% |
| 2009-12-31 | CN¥1.65 Billion ≈ $241.90 Million |
+0.56% |
| 2008-12-31 | CN¥1.64 Billion ≈ $240.55 Million |
+6.17% |
| 2007-12-31 | CN¥1.55 Billion ≈ $226.57 Million |
+7.72% |
| 2006-12-31 | CN¥1.44 Billion ≈ $210.34 Million |
+9.23% |
| 2005-12-31 | CN¥1.32 Billion ≈ $192.56 Million |
+6.91% |
| 2004-12-31 | CN¥1.23 Billion ≈ $180.12 Million |
+18.26% |
| 2003-12-31 | CN¥1.04 Billion ≈ $152.30 Million |
+9.29% |
| 2002-12-31 | CN¥952.29 Million ≈ $139.35 Million |
-6.23% |
| 2001-12-31 | CN¥1.02 Billion ≈ $148.60 Million |
+4.01% |
| 2000-12-31 | CN¥976.33 Million ≈ $142.87 Million |
+4.29% |
| 1999-12-31 | CN¥936.16 Million ≈ $136.99 Million |
+138.91% |
| 1998-12-31 | CN¥391.85 Million ≈ $57.34 Million |
+41.36% |
| 1997-12-31 | CN¥277.21 Million ≈ $40.56 Million |
+10.49% |
| 1996-12-31 | CN¥250.90 Million ≈ $36.71 Million |
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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 287312642500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.87 Billion | 56.57% |
| Common Stock | CN¥741.81 Million | 14.61% |
| Other Comprehensive Income | CN¥308.58 Million | 6.08% |
| Other Components | CN¥1.16 Billion | 22.75% |
| Total Equity | CN¥5.08 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 |
|---|---|
|
Beijing Haohua Energy Resource Co Ltd
SHG:601101
|
$2.46 Billion |
|
PHINIA Inc.
NYSE:PHIN
|
$2.46 Billion |
|
Visteon Corp
NASDAQ:VC
|
$2.46 Billion |
|
La Comer S.A.B. de C.V
MX:LACOMERUBC
|
$2.47 Billion |
|
Suzhou Jinhong Gas Co Ltd
SHG:688106
|
$2.46 Billion |
|
GavYam Lands Corp Ltd
TA:GVYM
|
$2.46 Billion |
|
ArcBest Corp
NASDAQ:ARCB
|
$2.46 Billion |
|
Beijing Hualian Hypermarket Co Ltd
SHG:600361
|
$2.46 Billion |
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 2024 to 2025, total equity changed from 4,959,544,794 to 5,078,858,010, a change of 119,313,216 (2.4%).
- Net income of 205,732,791 contributed positively to equity growth.
- Dividend payments of 151,604,545 reduced retained earnings.
- Other comprehensive income increased equity by 11,806,384.
- Other factors increased equity by 53,378,586.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥205.73 Million | +4.05% |
| Dividends Paid | CN¥151.60 Million | -2.99% |
| Other Comprehensive Income | CN¥11.81 Million | +0.23% |
| Other Changes | CN¥53.38 Million | +1.05% |
| Total Change | CN¥- | 2.41% |
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: 1.59x
- 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 23.38x to 1.59x 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¥10.91 | x |
| 1997-12-31 | CN¥0.52 | CN¥10.91 | x |
| 1998-12-31 | CN¥0.73 | CN¥10.91 | x |
| 1999-12-31 | CN¥1.74 | CN¥10.91 | x |
| 2000-12-31 | CN¥1.81 | CN¥10.91 | x |
| 2001-12-31 | CN¥1.88 | CN¥10.91 | x |
| 2002-12-31 | CN¥1.76 | CN¥10.91 | x |
| 2003-12-31 | CN¥1.92 | CN¥10.91 | x |
| 2004-12-31 | CN¥2.11 | CN¥10.91 | x |
| 2005-12-31 | CN¥2.25 | CN¥10.91 | x |
| 2006-12-31 | CN¥2.51 | CN¥10.91 | x |
| 2007-12-31 | CN¥2.65 | CN¥10.91 | x |
| 2008-12-31 | CN¥2.84 | CN¥10.91 | x |
| 2009-12-31 | CN¥2.94 | CN¥10.91 | x |
| 2010-12-31 | CN¥3.05 | CN¥10.91 | x |
| 2011-12-31 | CN¥3.26 | CN¥10.91 | x |
| 2012-12-31 | CN¥3.74 | CN¥10.91 | x |
| 2013-12-31 | CN¥4.31 | CN¥10.91 | x |
| 2014-12-31 | CN¥4.79 | CN¥10.91 | x |
| 2015-12-31 | CN¥5.26 | CN¥10.91 | x |
| 2016-12-31 | CN¥4.89 | CN¥10.91 | x |
| 2017-12-31 | CN¥4.92 | CN¥10.91 | x |
| 2018-12-31 | CN¥5.07 | CN¥10.91 | x |
| 2019-12-31 | CN¥6.36 | CN¥10.91 | x |
| 2020-12-31 | CN¥5.66 | CN¥10.91 | x |
| 2021-12-31 | CN¥5.96 | CN¥10.91 | x |
| 2022-12-31 | CN¥7.14 | CN¥10.91 | x |
| 2023-12-31 | CN¥6.57 | CN¥10.91 | x |
| 2024-12-31 | CN¥6.69 | CN¥10.91 | x |
| 2025-12-31 | CN¥6.85 | CN¥10.91 | 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): 4.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.93%
- • Asset Turnover: 1.67x
- • Equity Multiplier: 2.61x
- Recent ROE (4.05%) is below the historical average (9.43%), 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 | 9.51% | 3.44% | 1.49x | 1.86x | CN¥-13.67 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 | 2.52% | 0.60% | 1.45x | 2.87x | CN¥-254.80 Million |
| 2020 | 3.83% | 0.85% | 1.51x | 2.98x | CN¥-215.58 Million |
| 2021 | 6.43% | 1.01% | 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 |
| 2025 | 4.05% | 0.93% | 1.67x | 2.61x | CN¥-302.15 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: $3,917,315,680
- Average return on equity (ROE) among peers: 9.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Port Development Co Ltd (000905) | CN¥6.56 Billion | 23.15% | 1.02x | $2.46 Billion |
| Shenzhen Yan Tian Port Holdings Co Ltd (000088) | $1.40 Billion | 8.97% | 0.31x | $3.45 Billion |
| Zhuhai Port Co Ltd (000507) | $9.55 Billion | 3.06% | 1.13x | $698.50 Million |
| Chang Jiang Shipping Group Phoenix Co Ltd (000520) | $829.55 Million | 17.39% | 0.18x | $584.99 Million |
| Beibuwan Port Co Ltd (000582) | $3.86 Billion | 15.05% | 1.22x | $4.08 Billion |
| Nanjing Shenghang Shipping Co Ltd (001205) | $626.22 Million | 9.64% | 0.53x | $415.96 Million |
| China Merchants Port Group Co Ltd (001872) | $11.62 Billion | 7.59% | 0.09x | $7.46 Billion |
| Nanjing Port Co Ltd (002040) | $3.65 Billion | 3.85% | 0.29x | $710.45 Million |
| Hainan Strait Shipping Co Ltd (002320) | $1.89 Billion | 10.92% | 0.02x | $2.78 Billion |
| Guangdong Great River Smarter Logistics Co Ltd Class A (002930) | $1.83 Billion | 5.62% | 0.58x | $869.62 Million |
About Xiamen Port Development Co Ltd
Xiamen Port Development Co., Ltd., together with its subsidiaries, engages in providing port terminals services in China. The company 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 quarantine, customs declarati… Read more