Nanjing Shenghang Shipping Co Ltd (001205) - Net Assets
Based on the latest financial reports, Nanjing Shenghang Shipping Co Ltd (001205) has net assets worth CN¥2.24 Billion CNY (≈ $328.31 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.57 Billion ≈ $668.20 Million USD) and total liabilities (CN¥2.32 Billion ≈ $339.89 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 Nanjing Shenghang Shipping Co Ltd (001205) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.24 Billion |
| % of Total Assets | 49.13% |
| Annual Growth Rate | 37.45% |
| 5-Year Change | 201.72% |
| 10-Year Change | 1456.83% |
| Growth Volatility | 30.87 |
Nanjing Shenghang Shipping Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Nanjing Shenghang Shipping Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Nanjing Shenghang Shipping Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Nanjing Shenghang Shipping Co Ltd (2013–2024)
The table below shows the annual net assets of Nanjing Shenghang Shipping Co Ltd from 2013 to 2024. For live valuation and market cap data, see market cap of Nanjing Shenghang Shipping Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.23 Billion ≈ $325.85 Million |
+25.54% |
| 2023-12-31 | CN¥1.77 Billion ≈ $259.56 Million |
+18.46% |
| 2022-12-31 | CN¥1.50 Billion ≈ $219.12 Million |
+14.22% |
| 2021-12-31 | CN¥1.31 Billion ≈ $191.84 Million |
+77.63% |
| 2020-12-31 | CN¥738.04 Million ≈ $108.00 Million |
+17.86% |
| 2019-12-31 | CN¥626.22 Million ≈ $91.64 Million |
+29.65% |
| 2018-12-31 | CN¥483.00 Million ≈ $70.68 Million |
+30.72% |
| 2017-12-31 | CN¥369.49 Million ≈ $54.07 Million |
+120.35% |
| 2016-12-31 | CN¥167.68 Million ≈ $24.54 Million |
+17.23% |
| 2015-12-31 | CN¥143.03 Million ≈ $20.93 Million |
+47.69% |
| 2014-12-31 | CN¥96.85 Million ≈ $14.17 Million |
+43.90% |
| 2013-12-31 | CN¥67.30 Million ≈ $9.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nanjing Shenghang Shipping 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 6425.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥784.10 Million | 37.90% |
| Common Stock | CN¥188.00 Million | 9.09% |
| Other Components | CN¥1.10 Billion | 53.02% |
| Total Equity | CN¥2.07 Billion | 100.00% |
Nanjing Shenghang Shipping Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Shenghang Shipping Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norske Skog Asa
OL:NSKOG
|
$416.02 Million |
|
Greaves Cotton Limited
NSE:GREAVESCOT
|
$416.04 Million |
|
Uzin Utz AG
XETRA:UZU
|
$416.16 Million |
|
Thinkingdom Media Group Ltd
SHG:603096
|
$416.18 Million |
|
Canopy Growth Corp
TO:WEED
|
$415.48 Million |
|
MT Hoejgaard Holding A/S
CO:MTHH
|
$415.43 Million |
|
Electrovaya Inc.
NASDAQ:ELVA
|
$415.35 Million |
|
Lindex Group
HE:LINDEX
|
$415.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Shenghang Shipping Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,720,544,007 to 2,069,088,799, a change of 348,544,792 (20.3%).
- Net income of 137,151,234 contributed positively to equity growth.
- Dividend payments of 131,798,600 reduced retained earnings.
- Share repurchases of 50,961,843 reduced equity.
- Other factors increased equity by 394,154,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥137.15 Million | +6.63% |
| Dividends Paid | CN¥131.80 Million | -6.37% |
| Share Repurchases | CN¥50.96 Million | -2.46% |
| Other Changes | CN¥394.15 Million | +19.05% |
| Total Change | CN¥- | 20.26% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Shenghang Shipping 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: 1.27x
- 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 11.24x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.35 | CN¥15.12 | x |
| 2014-12-31 | CN¥1.93 | CN¥15.12 | x |
| 2015-12-31 | CN¥2.81 | CN¥15.12 | x |
| 2016-12-31 | CN¥3.20 | CN¥15.12 | x |
| 2017-12-31 | CN¥3.93 | CN¥15.12 | x |
| 2018-12-31 | CN¥4.60 | CN¥15.12 | x |
| 2019-12-31 | CN¥3.72 | CN¥15.12 | x |
| 2020-12-31 | CN¥8.18 | CN¥15.12 | x |
| 2021-12-31 | CN¥7.79 | CN¥15.12 | x |
| 2022-12-31 | CN¥8.77 | CN¥15.12 | x |
| 2023-12-31 | CN¥10.20 | CN¥15.12 | x |
| 2024-12-31 | CN¥11.90 | CN¥15.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Shenghang Shipping 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): 6.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.15%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.36x
- Recent ROE (6.63%) is below the historical average (13.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.97% | 9.24% | 0.50x | 4.55x | CN¥7.39 Million |
| 2014 | 23.13% | 11.20% | 0.69x | 3.01x | CN¥12.71 Million |
| 2015 | 17.43% | 12.57% | 0.68x | 2.03x | CN¥10.63 Million |
| 2016 | 14.70% | 11.67% | 0.46x | 2.74x | CN¥7.88 Million |
| 2017 | 9.29% | 12.88% | 0.42x | 1.72x | CN¥-2.62 Million |
| 2018 | 9.22% | 15.06% | 0.41x | 1.49x | CN¥-3.79 Million |
| 2019 | 9.64% | 15.78% | 0.40x | 1.53x | CN¥-2.27 Million |
| 2020 | 15.15% | 23.29% | 0.47x | 1.37x | CN¥38.01 Million |
| 2021 | 9.91% | 21.21% | 0.34x | 1.36x | CN¥-1.14 Million |
| 2022 | 11.43% | 19.47% | 0.31x | 1.89x | CN¥21.16 Million |
| 2023 | 10.58% | 14.43% | 0.29x | 2.51x | CN¥10.00 Million |
| 2024 | 6.63% | 9.15% | 0.31x | 2.36x | CN¥-69.76 Million |
Industry Comparison
This section compares Nanjing Shenghang Shipping Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $4,558,844,404
- Average return on equity (ROE) among peers: 8.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Shenghang Shipping Co Ltd (001205) | CN¥2.24 Billion | 20.97% | 1.04x | $415.96 Million |
| 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 |
| Xiamen Port Development Co Ltd (000905) | $6.40 Billion | 3.12% | 1.04x | $2.46 Billion |
| 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 Nanjing Shenghang Shipping Co Ltd
Nanjing ShengHang Shipping Co., Ltd. engages in the shipping transportation of liquid chemicals and oil products in China and internationally. The company provides shipping management and hazardous chemicals' management services. The company also engages in the domestic coastal, Yangtze River middle and lower reaches and international water transportation of liquid chemicals, liquefied petroleum … Read more