Nanjing Shenghang Shipping Co Ltd (001205) - Net Assets

Latest as of March 2026: CN¥2.22 Billion CNY ≈ $324.34 Million USD

Based on the latest financial reports, Nanjing Shenghang Shipping Co Ltd (001205) has net assets worth CN¥2.22 Billion CNY (≈ $324.34 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.63 Billion ≈ $678.23 Million USD) and total liabilities (CN¥2.42 Billion ≈ $353.89 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 tangible net worth ratio of Nanjing Shenghang Shipping Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.22 Billion
% of Total Assets	47.82%
Annual Growth Rate	33.6%
5-Year Change	66.03%
10-Year Change	1198.06%
Growth Volatility	31.81

Nanjing Shenghang Shipping Co Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Nanjing Shenghang Shipping Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Nanjing Shenghang Shipping Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Nanjing Shenghang Shipping Co Ltd (2013–2025)

The table below shows the annual net assets of Nanjing Shenghang Shipping Co Ltd from 2013 to 2025. For live valuation and market cap data, see market cap of Nanjing Shenghang Shipping Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥2.18 Billion ≈ $318.51 Million	-2.25%
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	--

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 7103.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥865.65 Million	40.00%
Other Components	CN¥1.30 Billion	60.00%
Total Equity	CN¥2.16 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
Invesco Advantage MIT II NYSE MKT:VKI	$388.55 Million
Pet Center Comércio e Participações S.A. SA:PETZ3	$388.61 Million
Lifeway Foods Inc NASDAQ:LWAY	$388.62 Million
Park Ohio Holdings Corp NASDAQ:PKOH	$388.63 Million
TFE Co. Ltd. KQ:425420	$388.45 Million
Bankwell Financial Group Inc NASDAQ:BWFG	$388.36 Million
Xinjiang Chalkis Co Ltd SHE:000972	$388.25 Million
Funeng Oriental Equipment Technology Co Ltd SHE:300173	$388.12 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 2024 to 2025, total equity changed from 2,069,088,799 to 2,164,341,295, a change of 95,252,496 (4.6%).
Net income of 108,623,531 contributed positively to equity growth.
Dividend payments of 88,212,875 reduced retained earnings.
Other factors increased equity by 74,841,840.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥108.62 Million	+5.02%
Dividends Paid	CN¥88.21 Million	-4.08%
Other Changes	CN¥74.84 Million	+3.46%
Total Change	CN¥-	4.60%

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: 1.23x
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 14.70x to 1.23x 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¥0.96	CN¥14.12	x
2014-12-31	CN¥1.95	CN¥14.12	x
2015-12-31	CN¥2.81	CN¥14.12	x
2016-12-31	CN¥3.20	CN¥14.12	x
2017-12-31	CN¥3.93	CN¥14.12	x
2018-12-31	CN¥4.60	CN¥14.12	x
2019-12-31	CN¥5.33	CN¥14.12	x
2020-12-31	CN¥5.84	CN¥14.12	x
2021-12-31	CN¥8.69	CN¥14.12	x
2022-12-31	CN¥8.77	CN¥14.12	x
2023-12-31	CN¥10.20	CN¥14.12	x
2024-12-31	CN¥11.90	CN¥14.12	x
2025-12-31	CN¥11.51	CN¥14.12	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): 5.02%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.53%
• Asset Turnover: 0.31x
• Equity Multiplier: 2.16x
Recent ROE (5.02%) is below the historical average (12.55%), 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
2025	5.02%	7.53%	0.31x	2.16x	CN¥-107.81 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: $7,272,256,152
Average return on equity (ROE) among peers: 9.37%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nanjing Shenghang Shipping Co Ltd (001205)	CN¥2.22 Billion	20.97%	1.09x	$388.45 Million
Shenzhen Yan Tian Port Holdings Co Ltd (000088)	$323.23 Million	49.04%	2.06x	$3.27 Billion
Zhuhai Port Co Ltd (000507)	$2.80 Billion	2.81%	0.96x	$639.28 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520)	$1.39 Billion	6.47%	1.58x	$650.16 Million
Beibuwan Port Co Ltd (000582)	$434.40 Million	-10.35%	0.66x	$4.23 Billion
Xiamen Port Development Co Ltd (000905)	$2.49 Billion	13.23%	0.68x	$1.93 Billion
China Merchants Port Group Co Ltd (001872)	$53.68 Billion	7.11%	0.44x	$6.55 Billion
Nanjing Port Co Ltd (002040)	$527.46 Million	3.90%	0.16x	$596.21 Million
Hainan Strait Shipping Co Ltd (002320)	$1.91 Billion	4.48%	0.01x	$2.21 Billion
Guangdong Great River Smarter Logistics Co Ltd Class A (002930)	$1.90 Billion	7.66%	0.88x	$623.26 Million

About Nanjing Shenghang Shipping Co Ltd

SHE:001205 China Marine Shipping

Market Cap

$388.45 Million

CN¥2.65 Billion CNY

Market Cap Rank

#13711 Global

#4108 in China

Share Price

CN¥14.12

Change (1 day)

-0.35%

52-Week Range

CN¥13.73 - CN¥18.47

All Time High

CN¥33.22