Nanjing Port Co Ltd (002040) - Net Assets

Latest as of September 2025: CN¥4.03 Billion CNY ≈ $590.27 Million USD

Based on the latest financial reports, Nanjing Port Co Ltd (002040) has net assets worth CN¥4.03 Billion CNY (≈ $590.27 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¥5.38 Billion ≈ $787.61 Million USD) and total liabilities (CN¥1.35 Billion ≈ $197.33 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 Nanjing Port Co Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore 002040 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Nanjing Port Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥3.91 Billion ≈ $572.84 Million	+3.14%
2023-12-31	CN¥3.80 Billion ≈ $555.39 Million	+3.94%
2022-12-31	CN¥3.65 Billion ≈ $534.36 Million	+3.13%
2021-12-31	CN¥3.54 Billion ≈ $518.12 Million	+3.65%
2020-12-31	CN¥3.42 Billion ≈ $499.87 Million	+3.36%
2019-12-31	CN¥3.30 Billion ≈ $483.60 Million	+3.67%
2018-12-31	CN¥3.19 Billion ≈ $466.47 Million	+5.83%
2017-12-31	CN¥3.01 Billion ≈ $440.76 Million	+4.19%
2016-12-31	CN¥2.89 Billion ≈ $423.03 Million	+319.61%
2015-12-31	CN¥688.95 Million ≈ $100.81 Million	+4.46%
2014-12-31	CN¥659.56 Million ≈ $96.51 Million	+2.83%
2013-12-31	CN¥641.41 Million ≈ $93.86 Million	+2.50%
2012-12-31	CN¥625.74 Million ≈ $91.57 Million	+4.30%
2011-12-31	CN¥599.95 Million ≈ $87.79 Million	+6.40%
2010-12-31	CN¥563.88 Million ≈ $82.51 Million	+4.25%
2009-12-31	CN¥540.89 Million ≈ $79.15 Million	+0.29%
2008-12-31	CN¥539.32 Million ≈ $78.92 Million	+2.25%
2007-12-31	CN¥527.46 Million ≈ $77.18 Million	+1.29%
2006-12-31	CN¥520.74 Million ≈ $76.20 Million	+6.98%
2005-12-31	CN¥486.74 Million ≈ $71.23 Million	+122.05%
2004-12-31	CN¥219.20 Million ≈ $32.08 Million	+21.02%
2003-12-31	CN¥181.13 Million ≈ $26.51 Million	+9.92%
2002-12-31	CN¥164.79 Million ≈ $24.11 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
Zhejiang Sunflower Light Energy SHE:300111	$764.74 Million
Renta 4 Banco S.A MC:R4	$765.03 Million
Nanjing CIGU Technology Corp. Ltd. A SHG:688448	$765.30 Million
Barrett Business Services Inc NASDAQ:BBSI	$765.41 Million
Thunder Tiger Corp TW:8033	$764.58 Million
Lotte Confectionery Co Ltd KO:280360	$764.53 Million
G-Shank Enterprise Co Ltd TW:2476	$764.37 Million
Zhejiang Damon Technology Co Ltd SHG:688360	$764.17 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: 1.61x
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 20.76x to 1.61x 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¥10.71	x
2003-12-31	CN¥0.57	CN¥10.71	x
2004-12-31	CN¥0.69	CN¥10.71	x
2005-12-31	CN¥1.52	CN¥10.71	x
2006-12-31	CN¥1.62	CN¥10.71	x
2007-12-31	CN¥1.64	CN¥10.71	x
2008-12-31	CN¥1.68	CN¥10.71	x
2009-12-31	CN¥1.65	CN¥10.71	x
2010-12-31	CN¥1.71	CN¥10.71	x
2011-12-31	CN¥1.81	CN¥10.71	x
2012-12-31	CN¥1.88	CN¥10.71	x
2013-12-31	CN¥1.94	CN¥10.71	x
2014-12-31	CN¥1.99	CN¥10.71	x
2015-12-31	CN¥2.09	CN¥10.71	x
2016-12-31	CN¥7.08	CN¥10.71	x
2017-12-31	CN¥4.99	CN¥10.71	x
2018-12-31	CN¥5.30	CN¥10.71	x
2019-12-31	CN¥5.54	CN¥10.71	x
2020-12-31	CN¥5.76	CN¥10.71	x
2021-12-31	CN¥6.02	CN¥10.71	x
2022-12-31	CN¥6.25	CN¥10.71	x
2023-12-31	CN¥6.47	CN¥10.71	x
2024-12-31	CN¥6.67	CN¥10.71	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: $4,099,375,638
Average return on equity (ROE) among peers: 28.06%

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	$764.72 Million
Shenzhen Yan Tian Port Holdings Co Ltd (000088)	$4.20 Billion	13.63%	0.09x	$3.49 Billion
Zhuhai Port Co Ltd (000507)	$1.79 Billion	16.34%	0.91x	$709.27 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520)	$829.55 Million	17.39%	0.18x	$619.06 Million
Beibuwan Port Co Ltd (000582)	$416.30 Million	132.04%	2.60x	$4.82 Billion
Xiamen Port Development Co Ltd (000905)	$4.60 Billion	2.92%	1.27x	$2.60 Billion
Nanjing Shenghang Shipping Co Ltd (001205)	$143.03 Million	17.43%	1.03x	$428.62 Million
China Merchants Port Group Co Ltd (001872)	$23.44 Billion	10.83%	0.50x	$7.62 Billion
Hainan Strait Shipping Co Ltd (002320)	$282.38 Million	34.19%	0.40x	$2.83 Billion
Guangdong Great River Smarter Logistics Co Ltd Class A (002930)	$1.19 Billion	7.77%	0.57x	$1.07 Billion

About Nanjing Port Co Ltd

SHE:002040 China Marine Shipping

Market Cap

$764.72 Million

CN¥5.23 Billion CNY

Market Cap Rank

#10489 Global

#3071 in China

Share Price

CN¥10.71

Change (1 day)

+4.79%

52-Week Range

CN¥6.98 - CN¥14.13

All Time High

CN¥429.94