Nanjing Port Co Ltd
Nanjing Port Co., Ltd. provides loading and unloading, and warehousing services for crude oil, refined oil, liquid chemical products, and general cargo in China. It also engages in the sale of container storage; door-to-door transportation and related accessories; disassembly and assembly, consolidation, repair and cleaning of containers; provision of electronic data exchange services and informa… Read more
Nanjing Port Co Ltd (002040) - Net Assets
Latest net assets as of September 2025: CN¥4.03 Billion CNY
Based on the latest financial reports, Nanjing Port Co Ltd (002040) has net assets worth CN¥4.03 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¥5.38 Billion) and total liabilities (CN¥1.35 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¥4.03 Billion |
| % of Total Assets | 74.95% |
| Annual Growth Rate | 15.49% |
| 5-Year Change | 14.6% |
| 10-Year Change | 468.21% |
| Growth Volatility | 68.98 |
Nanjing Port Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Nanjing Port 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 Nanjing Port Co Ltd (2002–2024)
The table below shows the annual net assets of Nanjing Port Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.91 Billion | +3.14% |
| 2023-12-31 | CN¥3.80 Billion | +3.94% |
| 2022-12-31 | CN¥3.65 Billion | +3.13% |
| 2021-12-31 | CN¥3.54 Billion | +3.65% |
| 2020-12-31 | CN¥3.42 Billion | +3.36% |
| 2019-12-31 | CN¥3.30 Billion | +3.67% |
| 2018-12-31 | CN¥3.19 Billion | +5.83% |
| 2017-12-31 | CN¥3.01 Billion | +4.19% |
| 2016-12-31 | CN¥2.89 Billion | +319.61% |
| 2015-12-31 | CN¥688.95 Million | +4.46% |
| 2014-12-31 | CN¥659.56 Million | +2.83% |
| 2013-12-31 | CN¥641.41 Million | +2.50% |
| 2012-12-31 | CN¥625.74 Million | +4.30% |
| 2011-12-31 | CN¥599.95 Million | +6.40% |
| 2010-12-31 | CN¥563.88 Million | +4.25% |
| 2009-12-31 | CN¥540.89 Million | +0.29% |
| 2008-12-31 | CN¥539.32 Million | +2.25% |
| 2007-12-31 | CN¥527.46 Million | +1.29% |
| 2006-12-31 | CN¥520.74 Million | +6.98% |
| 2005-12-31 | CN¥486.74 Million | +122.05% |
| 2004-12-31 | CN¥219.20 Million | +21.02% |
| 2003-12-31 | CN¥181.13 Million | +9.92% |
| 2002-12-31 | CN¥164.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing Port 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 8181.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.06 Billion | 32.54% |
| Common Stock | CN¥489.91 Million | 14.98% |
| Other Components | CN¥1.72 Billion | 52.49% |
| Total Equity | CN¥3.27 Billion | 100.00% |
Nanjing Port Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Port Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Texas Ventures Acquisition III Corp
NASDAQ:TVA
|
$233.10 Million |
|
VIKRAM SOLAR LIMITED
NSE:VIKRAMSOLR
|
$233.11 Million |
|
TRANSILVANIA INVESTMENTS ALLIANCE S.A.
RO:TRANSI
|
$233.13 Million |
|
Fox-Wizel Ltd
PINK:FXWZF
|
$233.16 Million |
|
Bold Eagle Acquisition Corp. Units
NASDAQ:BEAGU
|
$233.08 Million |
|
Saigon Beer Alcohol Beverage Corp
VN:SAB
|
$233.05 Million |
|
Baida Group Co Ltd
SHG:600865
|
$233.05 Million |
|
SuperAlloy Industrial Co., Ltd.
TW:1563
|
$232.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Port Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,164,803,075 to 3,271,108,819, a change of 106,305,744 (3.4%).
- Net income of 153,049,871 contributed positively to equity growth.
- Dividend payments of 67,900,650 reduced retained earnings.
- Share repurchases of 2,761,138 reduced equity.
- Other comprehensive income decreased equity by 3,113,303,373.
- Other factors increased equity by 3,137,221,034.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥153.05 Million | +4.68% |
| Dividends Paid | CN¥67.90 Million | -2.08% |
| Share Repurchases | CN¥2.76 Million | -0.08% |
| Other Comprehensive Income | CN¥-3.11 Billion | -95.18% |
| Other Changes | CN¥3.14 Billion | +95.91% |
| Total Change | CN¥- | 3.36% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Port 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: 1.64x
- 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 21.21x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CN¥0.52 | CN¥10.94 | x |
| 2003-12-31 | CN¥0.57 | CN¥10.94 | x |
| 2004-12-31 | CN¥0.69 | CN¥10.94 | x |
| 2005-12-31 | CN¥1.52 | CN¥10.94 | x |
| 2006-12-31 | CN¥1.62 | CN¥10.94 | x |
| 2007-12-31 | CN¥1.64 | CN¥10.94 | x |
| 2008-12-31 | CN¥1.68 | CN¥10.94 | x |
| 2009-12-31 | CN¥1.65 | CN¥10.94 | x |
| 2010-12-31 | CN¥1.71 | CN¥10.94 | x |
| 2011-12-31 | CN¥1.81 | CN¥10.94 | x |
| 2012-12-31 | CN¥1.88 | CN¥10.94 | x |
| 2013-12-31 | CN¥1.94 | CN¥10.94 | x |
| 2014-12-31 | CN¥1.99 | CN¥10.94 | x |
| 2015-12-31 | CN¥2.09 | CN¥10.94 | x |
| 2016-12-31 | CN¥7.08 | CN¥10.94 | x |
| 2017-12-31 | CN¥4.99 | CN¥10.94 | x |
| 2018-12-31 | CN¥5.30 | CN¥10.94 | x |
| 2019-12-31 | CN¥5.54 | CN¥10.94 | x |
| 2020-12-31 | CN¥5.76 | CN¥10.94 | x |
| 2021-12-31 | CN¥6.02 | CN¥10.94 | x |
| 2022-12-31 | CN¥6.25 | CN¥10.94 | x |
| 2023-12-31 | CN¥6.47 | CN¥10.94 | x |
| 2024-12-31 | CN¥6.67 | CN¥10.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Port 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): 4.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.56%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.59x
- Recent ROE (4.68%) is below the historical average (7.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 28.80% | 30.30% | 0.69x | 1.38x | CN¥30.98 Million |
| 2003 | 28.30% | 30.16% | 0.64x | 1.46x | CN¥33.15 Million |
| 2004 | 27.18% | 30.51% | 0.61x | 1.46x | CN¥37.66 Million |
| 2005 | 12.38% | 29.34% | 0.37x | 1.13x | CN¥11.58 Million |
| 2006 | 5.99% | 19.13% | 0.28x | 1.11x | CN¥-20.77 Million |
| 2007 | 3.92% | 13.94% | 0.24x | 1.16x | CN¥-31.94 Million |
| 2008 | 2.29% | 9.05% | 0.21x | 1.21x | CN¥-40.64 Million |
| 2009 | 1.38% | 5.33% | 0.17x | 1.49x | CN¥-45.42 Million |
| 2010 | 4.48% | 16.34% | 0.16x | 1.66x | CN¥-30.19 Million |
| 2011 | 6.38% | 22.63% | 0.17x | 1.66x | CN¥-20.97 Million |
| 2012 | 4.81% | 16.93% | 0.16x | 1.75x | CN¥-31.18 Million |
| 2013 | 2.54% | 9.31% | 0.16x | 1.70x | CN¥-46.20 Million |
| 2014 | 3.22% | 13.61% | 0.14x | 1.66x | CN¥-43.07 Million |
| 2015 | 3.25% | 13.71% | 0.15x | 1.63x | CN¥-45.01 Million |
| 2016 | 3.66% | 37.99% | 0.05x | 2.03x | CN¥-146.86 Million |
| 2017 | 4.41% | 15.69% | 0.14x | 1.94x | CN¥-135.03 Million |
| 2018 | 6.39% | 22.85% | 0.15x | 1.83x | CN¥-92.63 Million |
| 2019 | 4.86% | 17.66% | 0.16x | 1.74x | CN¥-137.82 Million |
| 2020 | 4.62% | 17.07% | 0.16x | 1.65x | CN¥-149.92 Million |
| 2021 | 5.01% | 18.31% | 0.17x | 1.63x | CN¥-145.27 Million |
| 2022 | 4.65% | 17.19% | 0.17x | 1.56x | CN¥-161.63 Million |
| 2023 | 5.26% | 17.74% | 0.19x | 1.60x | CN¥-149.99 Million |
| 2024 | 4.68% | 15.56% | 0.19x | 1.59x | CN¥-174.06 Million |
Industry Comparison
This section compares Nanjing Port Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $2,837,306,468
- Average return on equity (ROE) among peers: 8.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Port Co Ltd (002040) | CN¥4.03 Billion | 28.80% | 0.33x | $233.10 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 |
| Xiamen Port Development Co Ltd (000905) | $3.61 Billion | 0.70% | 1.37x | $548.17 Million |
| Nanjing Shenghang Shipping Co Ltd (001205) | $1.31 Billion | 9.91% | 0.36x | $262.01 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 |