China Merchants Port Group Co Ltd (001872) - Net Assets

Latest as of March 2026: CN¥133.44 Billion CNY ≈ $19.53 Billion USD

Based on the latest financial reports, China Merchants Port Group Co Ltd (001872) has net assets worth CN¥133.44 Billion CNY (≈ $19.53 Billion 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¥205.11 Billion ≈ $30.01 Billion USD) and total liabilities (CN¥71.67 Billion ≈ $10.49 Billion 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 how strategically is China Merchants Port Group Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥133.44 Billion
% of Total Assets	65.06%
Annual Growth Rate	10.49%
5-Year Change	10.75%
10-Year Change	124.37%
Growth Volatility	15.05

China Merchants Port Group Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how China Merchants Port Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of China Merchants Port Group Co Ltd.

Annual Net Assets for China Merchants Port Group Co Ltd (2000–2025)

The table below shows the annual net assets of China Merchants Port Group Co Ltd from 2000 to 2025. Also explore China Merchants Port Group Co Ltd (001872) equity growth momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥131.30 Billion ≈ $19.21 Billion	+8.13%
2024-12-31	CN¥121.43 Billion ≈ $17.77 Billion	+0.49%
2023-12-31	CN¥120.84 Billion ≈ $17.68 Billion	+3.88%
2022-12-31	CN¥116.33 Billion ≈ $17.02 Billion	-1.88%
2021-12-31	CN¥118.56 Billion ≈ $17.35 Billion	+10.39%
2020-12-31	CN¥107.40 Billion ≈ $15.72 Billion	+14.09%
2019-12-31	CN¥94.13 Billion ≈ $13.77 Billion	+6.97%
2018-12-31	CN¥88.00 Billion ≈ $12.88 Billion	-1.83%
2017-12-31	CN¥89.64 Billion ≈ $13.12 Billion	+53.18%
2016-12-31	CN¥58.52 Billion ≈ $8.56 Billion	-4.73%
2015-12-31	CN¥61.42 Billion ≈ $8.99 Billion	-18.26%
2014-12-31	CN¥75.15 Billion ≈ $11.00 Billion	+33.18%
2013-12-31	CN¥56.43 Billion ≈ $8.26 Billion	+5.11%
2012-12-31	CN¥53.68 Billion ≈ $7.86 Billion	-1.97%
2011-12-31	CN¥54.76 Billion ≈ $8.01 Billion	+10.92%
2010-12-31	CN¥49.37 Billion ≈ $7.22 Billion	+38.61%
2009-12-31	CN¥35.62 Billion ≈ $5.21 Billion	+8.88%
2008-12-31	CN¥32.71 Billion ≈ $4.79 Billion	+14.89%
2007-12-31	CN¥28.48 Billion ≈ $4.17 Billion	+21.46%
2006-12-31	CN¥23.44 Billion ≈ $3.43 Billion	+32.99%
2005-12-31	CN¥17.63 Billion ≈ $2.58 Billion	+16.16%
2004-12-31	CN¥15.17 Billion ≈ $2.22 Billion	+10.97%
2003-12-31	CN¥13.67 Billion ≈ $2.00 Billion	+17.67%
2002-12-31	CN¥11.62 Billion ≈ $1.70 Billion	+5.60%
2001-12-31	CN¥11.01 Billion ≈ $1.61 Billion	+1.47%
2000-12-31	CN¥10.85 Billion ≈ $1.59 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to China Merchants Port Group 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 2472974857684.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥24.73 Billion	38.42%
Other Components	CN¥39.64 Billion	61.58%
Total Equity	CN¥64.37 Billion	100.00%

China Merchants Port Group Co Ltd Competitors by Market Cap

The table below lists competitors of China Merchants Port Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Zhejiang Chint Electrics Co SHG:601877	$7.82 Billion
NTPC Green Energy Limited NSE:NTPCGREEN	$7.82 Billion
Berry Global Group Inc NYSE:BERY	$7.83 Billion
MOL NA A ADR REG.S 1/2 F:MOGG	$7.83 Billion
Azek Company Inc NYSE:AZEK	$7.82 Billion
Suzhou Everbright Photonics Co. Ltd. A SHG:688048	$7.81 Billion
Shenzhen Kaifa Technology Co Ltd SHE:000021	$7.81 Billion
LandMark Optoelectronics TWO:3081	$7.80 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 105,348,000,000 to 64,365,829,932, a change of -40,982,170,068 (-38.9%).
Net income of 4,611,352,248 contributed positively to equity growth.
Dividend payments of 3,513,383,281 reduced retained earnings.
Other comprehensive income increased equity by 4,460,000,000.
Other factors decreased equity by 46,540,139,035.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥4.61 Billion	+7.16%
Dividends Paid	CN¥3.51 Billion	-5.46%
Other Comprehensive Income	CN¥4.46 Billion	+6.93%
Other Changes	CN¥-46.54 Billion	-72.31%
Total Change	CN¥-	-38.90%

Book Value vs Market Value Analysis

This analysis compares China Merchants Port Group 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: 0.89x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 6.49x to 0.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CN¥3.58	CN¥23.21	x
2001-12-31	CN¥3.75	CN¥23.21	x
2002-12-31	CN¥3.92	CN¥23.21	x
2003-12-31	CN¥4.32	CN¥23.21	x
2004-12-31	CN¥4.60	CN¥23.21	x
2005-12-31	CN¥5.21	CN¥23.21	x
2006-12-31	CN¥6.38	CN¥23.21	x
2007-12-31	CN¥7.98	CN¥23.21	x
2008-12-31	CN¥8.83	CN¥23.21	x
2009-12-31	CN¥9.78	CN¥23.21	x
2010-12-31	CN¥11.24	CN¥23.21	x
2011-12-31	CN¥12.41	CN¥23.21	x
2012-12-31	CN¥12.96	CN¥23.21	x
2013-12-31	CN¥19.22	CN¥23.21	x
2014-12-31	CN¥104.63	CN¥23.21	x
2015-12-31	CN¥83.19	CN¥23.21	x
2016-12-31	CN¥78.65	CN¥23.21	x
2017-12-31	CN¥40.96	CN¥23.21	x
2018-12-31	CN¥42.14	CN¥23.21	x
2019-12-31	CN¥43.77	CN¥23.21	x
2020-12-31	CN¥45.77	CN¥23.21	x
2021-12-31	CN¥51.22	CN¥23.21	x
2022-12-31	CN¥46.76	CN¥23.21	x
2023-12-31	CN¥41.51	CN¥23.21	x
2024-12-31	CN¥42.13	CN¥23.21	x
2025-12-31	CN¥25.93	CN¥23.21	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Merchants Port Group 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): 7.16%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 26.74%
• Asset Turnover: 0.08x
• Equity Multiplier: 3.19x
Recent ROE (7.16%) is below the historical average (7.49%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	8.47%	63.54%	0.11x	1.21x	CN¥-158.40 Million
2001	7.36%	66.35%	0.10x	1.13x	CN¥-287.08 Million
2002	7.71%	52.24%	0.13x	1.11x	CN¥-261.67 Million
2003	11.44%	68.79%	0.15x	1.13x	CN¥184.78 Million
2004	14.75%	15.39%	0.74x	1.30x	CN¥663.02 Million
2005	14.63%	16.66%	0.52x	1.70x	CN¥748.10 Million
2006	12.14%	58.19%	0.12x	1.68x	CN¥447.90 Million
2007	13.21%	56.65%	0.14x	1.70x	CN¥860.80 Million
2008	12.24%	89.63%	0.08x	1.67x	CN¥678.00 Million
2009	9.65%	90.25%	0.07x	1.56x	CN¥-118.30 Million
2010	15.05%	101.12%	0.07x	2.01x	CN¥1.97 Billion
2011	12.83%	58.81%	0.11x	2.01x	CN¥1.23 Billion
2012	8.38%	34.64%	0.14x	1.70x	CN¥-736.20 Million
2013	8.67%	54.31%	0.09x	1.84x	CN¥-646.90 Million
2014	0.77%	23.14%	0.02x	1.52x	CN¥-6.22 Billion
2015	1.18%	28.18%	0.02x	1.91x	CN¥-4.73 Billion
2016	1.17%	22.35%	0.03x	2.03x	CN¥-4.47 Billion
2017	3.87%	31.35%	0.07x	1.80x	CN¥-4.50 Billion
2018	1.65%	11.24%	0.08x	1.86x	CN¥-6.29 Billion
2019	4.07%	23.90%	0.09x	1.87x	CN¥-4.73 Billion
2020	2.80%	16.26%	0.09x	1.93x	CN¥-6.33 Billion
2021	3.35%	17.57%	0.10x	1.82x	CN¥-6.53 Billion
2022	3.90%	20.57%	0.11x	1.78x	CN¥-5.92 Billion
2023	3.79%	22.68%	0.10x	1.66x	CN¥-6.44 Billion
2024	4.56%	28.00%	0.10x	1.61x	CN¥-5.73 Billion
2025	7.16%	26.74%	0.08x	3.19x	CN¥-1.83 Billion

Industry Comparison

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

Industry Context

Industry: Marine Shipping
Average net assets among peers: $1,890,159,576
Average return on equity (ROE) among peers: 9.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Merchants Port Group Co Ltd (001872)	CN¥133.44 Billion	8.47%	0.54x	$7.82 Billion
Shenzhen Yan Tian Port Holdings Co Ltd (000088)	$8.18 Billion	4.39%	0.35x	$3.45 Billion
Zhuhai Port Co Ltd (000507)	$1.15 Billion	12.24%	1.26x	$681.01 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520)	$103.67 Million	26.54%	0.09x	$595.36 Million
Beibuwan Port Co Ltd (000582)	$243.46 Million	7.57%	1.62x	$4.14 Billion
Xiamen Port Development Co Ltd (000905)	$3.53 Billion	3.08%	1.29x	$2.04 Billion
Nanjing Shenghang Shipping Co Ltd (001205)	$167.68 Million	14.70%	1.74x	$394.51 Million
Nanjing Port Co Ltd (002040)	$563.88 Million	4.34%	0.61x	$672.61 Million
Hainan Strait Shipping Co Ltd (002320)	$1.97 Billion	4.25%	0.12x	$2.18 Billion
Guangdong Great River Smarter Logistics Co Ltd Class A (002930)	$1.10 Billion	7.63%	0.72x	$603.19 Million

About China Merchants Port Group Co Ltd

SHE:001872 China Marine Shipping

Market Cap

$7.82 Billion

CN¥53.44 Billion CNY

Market Cap Rank

#2673 Global

#317 in China

Share Price

CN¥23.21

Change (1 day)

+1.44%

52-Week Range

CN¥19.28 - CN¥24.57

All Time High

CN¥26.18