COSCO SHIPPING Technology Co Ltd (002401) - Net Assets
Based on the latest financial reports, COSCO SHIPPING Technology Co Ltd (002401) has net assets worth CN¥1.68 Billion CNY (≈ $245.81 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¥3.04 Billion ≈ $444.33 Million USD) and total liabilities (CN¥1.36 Billion ≈ $198.52 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 COSCO SHIPPING Technology Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.68 Billion |
| % of Total Assets | 55.32% |
| Annual Growth Rate | 17.87% |
| 5-Year Change | 31.61% |
| 10-Year Change | 80.82% |
| Growth Volatility | 58.3 |
COSCO SHIPPING Technology Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how COSCO SHIPPING Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See COSCO SHIPPING Technology Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for COSCO SHIPPING Technology Co Ltd (2006–2025)
The table below shows the annual net assets of COSCO SHIPPING Technology Co Ltd from 2006 to 2025. For live valuation and market cap data, see how much is COSCO SHIPPING Technology Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.68 Billion ≈ $246.15 Million |
-0.13% |
| 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 6202.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.08 Billion | 65.45% |
| Common Stock | CN¥371.67 Million | 22.47% |
| Other Comprehensive Income | CN¥158.66 Million | 9.59% |
| Other Components | CN¥41.11 Million | 2.49% |
| Total Equity | CN¥1.65 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 |
|---|---|
|
Giti Tire Corp
SHG:600182
|
$706.49 Million |
|
Cicor Technologies Ltd
SW:CICN
|
$706.84 Million |
|
Enhabit Inc.
NYSE:EHAB
|
$706.91 Million |
|
Thai Vegetable Oil Public Company Limited
BK:TVO-R
|
$706.96 Million |
|
Media and Games Invest PLC
F:M8G
|
$706.46 Million |
|
Sijin Intelligent Forming Machinery
SHE:003025
|
$706.37 Million |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D
IS:KRDMD
|
$706.34 Million |
|
PharmaResources (Shanghai) Co. Ltd. A
SHE:301230
|
$706.33 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 2024 to 2025, total equity changed from 1,667,826,000 to 1,653,912,555, a change of -13,913,445 (-0.8%).
- Net income of 32,541,315 contributed positively to equity growth.
- Dividend payments of 48,316,897 reduced retained earnings.
- Other comprehensive income increased equity by 1,652,674.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥32.54 Million | +1.97% |
| Dividends Paid | CN¥48.32 Million | -2.92% |
| Other Comprehensive Income | CN¥1.65 Million | +0.1% |
| Other Changes | CN¥209.46K | +0.01% |
| Total Change | CN¥- | -0.83% |
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: 2.92x
- 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 45.96x to 2.92x 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¥12.99 | x |
| 2007-12-31 | CN¥0.38 | CN¥12.99 | x |
| 2008-12-31 | CN¥0.43 | CN¥12.99 | x |
| 2009-12-31 | CN¥0.50 | CN¥12.99 | x |
| 2010-12-31 | CN¥1.45 | CN¥12.99 | x |
| 2011-12-31 | CN¥1.50 | CN¥12.99 | x |
| 2012-12-31 | CN¥1.60 | CN¥12.99 | x |
| 2013-12-31 | CN¥1.70 | CN¥12.99 | x |
| 2014-12-31 | CN¥1.98 | CN¥12.99 | x |
| 2015-12-31 | CN¥1.95 | CN¥12.99 | x |
| 2016-12-31 | CN¥2.07 | CN¥12.99 | x |
| 2017-12-31 | CN¥2.21 | CN¥12.99 | x |
| 2018-12-31 | CN¥2.40 | CN¥12.99 | x |
| 2019-12-31 | CN¥2.63 | CN¥12.99 | x |
| 2020-12-31 | CN¥3.09 | CN¥12.99 | x |
| 2021-12-31 | CN¥3.48 | CN¥12.99 | x |
| 2022-12-31 | CN¥3.91 | CN¥12.99 | x |
| 2023-12-31 | CN¥4.32 | CN¥12.99 | x |
| 2024-12-31 | CN¥4.49 | CN¥12.99 | x |
| 2025-12-31 | CN¥4.45 | CN¥12.99 | 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): 1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.81%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.83x
- Recent ROE (1.97%) is below the historical average (11.04%), 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 | 7.19% | 7.90% | 0.58x | 1.57x | CN¥-20.27 Million |
| 2015 | 7.74% | 8.43% | 0.54x | 1.71x | CN¥-16.04 Million |
| 2016 | 7.95% | 6.91% | 0.54x | 2.13x | CN¥-15.50 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 | 11.84% | 10.61% | 0.58x | 1.93x | CN¥29.39 Million |
| 2024 | 7.65% | 7.10% | 0.62x | 1.73x | CN¥-39.17 Million |
| 2025 | 1.97% | 1.81% | 0.59x | 1.83x | CN¥-132.85 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: $1,304,677,078
- Average return on equity (ROE) among peers: 9.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COSCO SHIPPING Technology Co Ltd (002401) | CN¥1.68 Billion | 15.00% | 0.81x | $706.48 Million |
| Digital China Group Co Ltd (000034) | $106.09 Million | 15.80% | 2.57x | $2.82 Billion |
| ZJBC Information Technology Co Ltd (000889) | $2.25 Billion | 6.83% | 0.51x | $550.78 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $581.96 Million | 5.63% | 1.59x | $717.16 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $1.02 Billion |
| Shanghai HiTech Control System (002184) | $157.63 Million | 23.72% | 1.02x | $535.55 Million |
| SZZT Electronics Co Ltd (002197) | $2.77 Billion | 1.96% | 0.71x | $560.98 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.63 Billion |
| Westone Information Industry Inc (002268) | $1.28 Billion | 9.30% | 0.50x | $1.64 Billion |
| Taiji Computer Corp Ltd (002368) | $1.88 Billion | 9.40% | 1.05x | $1.55 Billion |
About COSCO SHIPPING Technology Co Ltd
COSCO SHIPPING Technology Co., Ltd. engages in digital shipping and supply chain business in China and internationally. The company offers logistics supply chain digital solutions, such as planning consultation, project implementation, data management, and other services for port and shipping; ShipView platform, shipping large model Hi-Dolphin, light boat innovation platform, shipping management … Read more