COSCO SHIPPING Technology Co Ltd (002401) - Net Assets

Latest as of September 2025: CN¥1.65 Billion CNY ≈ $241.66 Million USD

Based on the latest financial reports, COSCO SHIPPING Technology Co Ltd (002401) has net assets worth CN¥1.65 Billion CNY (≈ $241.66 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¥2.81 Billion ≈ $411.01 Million USD) and total liabilities (CN¥1.16 Billion ≈ $169.35 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. Read COSCO SHIPPING Technology Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.65 Billion
% of Total Assets 58.8%
Annual Growth Rate 18.96%
5-Year Change 48.3%
10-Year Change 135.34%
Growth Volatility 59.6

COSCO SHIPPING Technology Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how COSCO SHIPPING Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore COSCO SHIPPING Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for COSCO SHIPPING Technology Co Ltd (2006–2024)

The table below shows the annual net assets of COSCO SHIPPING Technology Co Ltd from 2006 to 2024. For live valuation and market cap data, see how much is COSCO SHIPPING Technology Co Ltd worth.

Year Net Assets Change
2024-12-31 CN¥1.68 Billion
≈ $246.48 Million
+5.30%
2023-12-31 CN¥1.60 Billion
≈ $234.07 Million
+11.26%
2022-12-31 CN¥1.44 Billion
≈ $210.39 Million
+12.49%
2021-12-31 CN¥1.28 Billion
≈ $187.03 Million
+12.53%
2020-12-31 CN¥1.14 Billion
≈ $166.20 Million
+16.89%
2019-12-31 CN¥971.61 Million
≈ $142.18 Million
+9.47%
2018-12-31 CN¥887.57 Million
≈ $129.88 Million
+9.22%
2017-12-31 CN¥812.68 Million
≈ $118.92 Million
-12.64%
2016-12-31 CN¥930.29 Million
≈ $136.13 Million
+29.98%
2015-12-31 CN¥715.73 Million
≈ $104.73 Million
-1.40%
2014-12-31 CN¥725.91 Million
≈ $106.22 Million
+16.54%
2013-12-31 CN¥622.87 Million
≈ $91.15 Million
+7.05%
2012-12-31 CN¥581.83 Million
≈ $85.14 Million
+6.38%
2011-12-31 CN¥546.93 Million
≈ $80.03 Million
+8.33%
2010-12-31 CN¥504.86 Million
≈ $73.88 Million
+268.27%
2009-12-31 CN¥137.09 Million
≈ $20.06 Million
+16.70%
2008-12-31 CN¥117.47 Million
≈ $17.19 Million
+18.94%
2007-12-31 CN¥98.77 Million
≈ $14.45 Million
+33.43%
2006-12-31 CN¥74.02 Million
≈ $10.83 Million
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Equity Component Analysis

This analysis shows how different components contribute to COSCO SHIPPING Technology 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 6309.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.10 Billion 66.01%
Common Stock CN¥371.67 Million 22.28%
Other Comprehensive Income CN¥157.01 Million 9.41%
Other Components CN¥38.26 Million 2.29%
Total Equity CN¥1.67 Billion 100.00%

COSCO SHIPPING Technology Co Ltd Competitors by Market Cap

The table below lists competitors of COSCO SHIPPING Technology Co Ltd ranked by their market capitalization.

Company Market Cap
Peakstone Realty Trust
NYSE:PKST
$771.78 Million
EST Tools Co Ltd
SHE:300488
$771.81 Million
Ningbo Homelink Eco-iTech Co. Ltd.
SHE:301193
$772.00 Million
Mid Penn Bancorp
NASDAQ:MPB
$772.00 Million
Savencia SA
PA:SAVE
$771.57 Million
SK Networks Co Ltd
KO:001740
$771.52 Million
Metals X Limited
F:FG5
$771.33 Million
Rashtriya Chemicals and Fertilizers Limited
NSE:RCF
$770.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in COSCO SHIPPING Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,599,580,000 to 1,667,826,000, a change of 68,246,000 (4.3%).
  • Net income of 127,611,000 contributed positively to equity growth.
  • Dividend payments of 66,942,820 reduced retained earnings.
  • Share repurchases of 1,059,554 reduced equity.
  • Other comprehensive income increased equity by 1,784,077.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥127.61 Million +7.65%
Dividends Paid CN¥66.94 Million -4.01%
Share Repurchases CN¥1.06 Million -0.06%
Other Comprehensive Income CN¥1.78 Million +0.11%
Other Changes CN¥6.85 Million +0.41%
Total Change CN¥- 4.27%

Book Value vs Market Value Analysis

This analysis compares COSCO SHIPPING Technology 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: 3.16x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 50.20x to 3.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.28 CN¥14.19 x
2007-12-31 CN¥0.38 CN¥14.19 x
2008-12-31 CN¥0.43 CN¥14.19 x
2009-12-31 CN¥0.50 CN¥14.19 x
2010-12-31 CN¥1.45 CN¥14.19 x
2011-12-31 CN¥1.50 CN¥14.19 x
2012-12-31 CN¥1.60 CN¥14.19 x
2013-12-31 CN¥1.70 CN¥14.19 x
2014-12-31 CN¥1.98 CN¥14.19 x
2015-12-31 CN¥1.95 CN¥14.19 x
2016-12-31 CN¥2.07 CN¥14.19 x
2017-12-31 CN¥2.21 CN¥14.19 x
2018-12-31 CN¥2.40 CN¥14.19 x
2019-12-31 CN¥2.63 CN¥14.19 x
2020-12-31 CN¥3.09 CN¥14.19 x
2021-12-31 CN¥3.48 CN¥14.19 x
2022-12-31 CN¥3.91 CN¥14.19 x
2023-12-31 CN¥4.32 CN¥14.19 x
2024-12-31 CN¥4.49 CN¥14.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently COSCO SHIPPING Technology 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): 7.65%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.10%
  • • Asset Turnover: 0.62x
  • • Equity Multiplier: 1.73x
  • Recent ROE (7.65%) is below the historical average (11.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 15.00% 5.12% 1.68x 1.74x CN¥3.70 Million
2007 21.21% 7.52% 1.29x 2.19x CN¥11.07 Million
2008 19.32% 7.09% 1.36x 2.00x CN¥10.94 Million
2009 19.82% 7.54% 1.43x 1.84x CN¥13.47 Million
2010 7.13% 8.23% 0.62x 1.40x CN¥-14.50 Million
2011 7.69% 8.65% 0.62x 1.44x CN¥-12.62 Million
2012 7.83% 9.06% 0.62x 1.39x CN¥-12.64 Million
2013 7.59% 8.54% 0.58x 1.54x CN¥-14.88 Million
2014 7.09% 9.21% 0.49x 1.57x CN¥-21.00 Million
2015 7.74% 8.43% 0.54x 1.71x CN¥-16.04 Million
2016 7.84% 9.05% 0.41x 2.13x CN¥-16.28 Million
2017 9.43% 8.28% 0.48x 2.39x CN¥-4.59 Million
2018 9.52% 8.49% 0.45x 2.48x CN¥-4.15 Million
2019 10.12% 8.03% 0.36x 3.47x CN¥1.12 Million
2020 16.98% 12.68% 0.43x 3.15x CN¥79.25 Million
2021 12.26% 9.18% 0.49x 2.73x CN¥28.95 Million
2022 12.66% 10.39% 0.56x 2.18x CN¥38.21 Million
2023 11.80% 10.58% 0.58x 1.93x CN¥28.83 Million
2024 7.65% 7.10% 0.62x 1.73x CN¥-39.17 Million

Industry Comparison

This section compares COSCO SHIPPING Technology Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $1,245,374,418
  • Average return on equity (ROE) among peers: -63.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
COSCO SHIPPING Technology Co Ltd (002401) CN¥1.65 Billion 15.00% 0.70x $771.75 Million
Digital China Group Co Ltd (000034) $-806.39 Million 0.00% 0.00x $4.00 Billion
ZJBC Information Technology Co Ltd (000889) $338.44 Million -592.41% 3.36x $605.58 Million
Yunnan Nantian Electronics Information Co Ltd (000948) $516.76 Million 0.60% 0.37x $826.70 Million
Guomai Technologies Inc (002093) $1.28 Billion 8.47% 0.78x $1.23 Billion
Shanghai HiTech Control System (002184) $1.27 Billion 1.14% 0.70x $601.98 Million
SZZT Electronics Co Ltd (002197) $2.42 Billion -9.95% 1.15x $723.70 Million
Talkweb Information System Co Ltd (002261) $3.78 Billion 5.60% 0.12x $6.53 Billion
Westone Information Industry Inc (002268) $378.26 Million 9.09% 0.20x $1.94 Billion
Taiji Computer Corp Ltd (002368) $2.03 Billion 9.66% 1.05x $1.57 Billion

About COSCO SHIPPING Technology Co Ltd

SHE:002401 China Information Technology Services
Market Cap
$771.75 Million
CN¥5.27 Billion CNY
Market Cap Rank
#10332 Global
#2990 in China
Share Price
CN¥14.19
Change (1 day)
-2.61%
52-Week Range
CN¥14.19 - CN¥22.68
All Time High
CN¥30.00
About

COSCO SHIPPING Technology Co., Ltd. offers transportation and shipping technology services in China and internationally. The company also offers digital shipping and supply chain services, including information planning consulting, project implementation, and data management and system operation and maintenance services to shipping companies; and logistics supply chain information solutions, logi… Read more