Zhuhai Winbase International Chemical Tank Terminal Co Ltd

SHE:002492 China Oil & Gas Midstream
Market Cap
$447.65 Million
CN¥3.28 Billion CNY
Market Cap Rank
#14061 Global
#3665 in China
Share Price
CN¥8.11
Change (1 day)
-1.93%
52-Week Range
CN¥4.65 - CN¥9.64
All Time High
CN¥9.64
About

Zhuhai Winbase International Chemical Tank Terminal Co.,Ltd, together with its subsidiaries, engages in the terminal loading and unloading, and warehousing services for oil products, liquid chemical products, and packaged hazardous chemicals in China and internationally. The company also provides dock berthing for ships; lighterage and transshipment; and pipeline transportation services. In addit… Read more

Zhuhai Winbase International Chemical Tank Terminal Co Ltd (002492) - Net Assets

Latest net assets as of September 2025: CN¥1.75 Billion CNY

Based on the latest financial reports, Zhuhai Winbase International Chemical Tank Terminal Co Ltd (002492) has net assets worth CN¥1.75 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¥2.32 Billion) and total liabilities (CN¥572.69 Million). 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¥1.75 Billion
% of Total Assets 75.31%
Annual Growth Rate 14.39%
5-Year Change 23.79%
10-Year Change 49.87%
Growth Volatility 45.07

Zhuhai Winbase International Chemical Tank Terminal Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Zhuhai Winbase International Chemical Tank Terminal 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 Zhuhai Winbase International Chemical Tank Terminal Co Ltd (2007–2024)

The table below shows the annual net assets of Zhuhai Winbase International Chemical Tank Terminal Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.70 Billion +0.41%
2023-12-31 CN¥1.69 Billion +4.04%
2022-12-31 CN¥1.63 Billion +9.65%
2021-12-31 CN¥1.48 Billion +8.08%
2020-12-31 CN¥1.37 Billion +6.46%
2019-12-31 CN¥1.29 Billion +2.77%
2018-12-31 CN¥1.25 Billion +2.72%
2017-12-31 CN¥1.22 Billion +4.07%
2016-12-31 CN¥1.17 Billion +3.51%
2015-12-31 CN¥1.13 Billion +26.85%
2014-12-31 CN¥893.88 Million +5.28%
2013-12-31 CN¥849.05 Million +3.79%
2012-12-31 CN¥818.02 Million +6.80%
2011-12-31 CN¥765.92 Million -0.02%
2010-12-31 CN¥766.05 Million +196.75%
2009-12-31 CN¥258.15 Million +20.46%
2008-12-31 CN¥214.31 Million +24.00%
2007-12-31 CN¥172.83 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhuhai Winbase International Chemical Tank Terminal 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 1955.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥764.45 Million 45.42%
Common Stock CN¥405.00 Million 24.06%
Other Comprehensive Income CN¥101.30 Million 6.02%
Other Components CN¥412.33 Million 24.50%
Total Equity CN¥1.68 Billion 100.00%

Zhuhai Winbase International Chemical Tank Terminal Co Ltd Competitors by Market Cap

The table below lists competitors of Zhuhai Winbase International Chemical Tank Terminal Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhuhai Winbase International Chemical Tank Terminal Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,674,915,000 to 1,683,079,000, a change of 8,164,000 (0.5%).
  • Net income of 65,108,000 contributed positively to equity growth.
  • Dividend payments of 61,548,000 reduced retained earnings.
  • Share repurchases of 7,514,332 reduced equity.
  • Other comprehensive income increased equity by 101,299,148.
  • Other factors decreased equity by 89,180,816.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥65.11 Million +3.87%
Dividends Paid CN¥61.55 Million -3.66%
Share Repurchases CN¥7.51 Million -0.45%
Other Comprehensive Income CN¥101.30 Million +6.02%
Other Changes CN¥-89.18 Million -5.3%
Total Change CN¥- 0.49%

Book Value vs Market Value Analysis

This analysis compares Zhuhai Winbase International Chemical Tank Terminal 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: 1.95x
  • 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 14.65x to 1.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.55 CN¥8.11 x
2008-12-31 CN¥0.70 CN¥8.11 x
2009-12-31 CN¥0.86 CN¥8.11 x
2010-12-31 CN¥2.56 CN¥8.11 x
2011-12-31 CN¥2.13 CN¥8.11 x
2012-12-31 CN¥2.27 CN¥8.11 x
2013-12-31 CN¥2.36 CN¥8.11 x
2014-12-31 CN¥2.47 CN¥8.11 x
2015-12-31 CN¥2.88 CN¥8.11 x
2016-12-31 CN¥2.85 CN¥8.11 x
2017-12-31 CN¥2.98 CN¥8.11 x
2018-12-31 CN¥3.07 CN¥8.11 x
2019-12-31 CN¥3.16 CN¥8.11 x
2020-12-31 CN¥3.36 CN¥8.11 x
2021-12-31 CN¥3.63 CN¥8.11 x
2022-12-31 CN¥3.98 CN¥8.11 x
2023-12-31 CN¥4.14 CN¥8.11 x
2024-12-31 CN¥4.16 CN¥8.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhuhai Winbase International Chemical Tank Terminal 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): 3.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.97%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 1.25x
  • Recent ROE (3.87%) is below the historical average (8.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 27.41% 38.83% 0.24x 2.95x CN¥26.02 Million
2008 21.01% 32.27% 0.19x 3.44x CN¥20.83 Million
2009 18.77% 27.33% 0.24x 2.87x CN¥20.44 Million
2010 6.86% 28.93% 0.16x 1.48x CN¥-22.89 Million
2011 7.25% 34.64% 0.16x 1.29x CN¥-21.03 Million
2012 7.84% 35.91% 0.18x 1.23x CN¥-17.70 Million
2013 5.73% 29.16% 0.15x 1.29x CN¥-36.24 Million
2014 4.99% 25.42% 0.14x 1.39x CN¥-44.54 Million
2015 2.92% 21.27% 0.10x 1.36x CN¥-78.75 Million
2016 3.84% 21.21% 0.14x 1.33x CN¥-71.07 Million
2017 5.39% 28.68% 0.14x 1.31x CN¥-55.53 Million
2018 4.63% 22.62% 0.16x 1.25x CN¥-66.74 Million
2019 4.11% 19.17% 0.17x 1.27x CN¥-75.44 Million
2020 7.42% 27.39% 0.21x 1.27x CN¥-35.09 Million
2021 7.93% 28.29% 0.22x 1.27x CN¥-30.52 Million
2022 7.82% 31.36% 0.21x 1.21x CN¥-35.21 Million
2023 6.90% 29.34% 0.19x 1.23x CN¥-51.94 Million
2024 3.87% 18.97% 0.16x 1.25x CN¥-103.20 Million

Industry Comparison

This section compares Zhuhai Winbase International Chemical Tank Terminal Co Ltd's net assets metrics with peer companies in the Oil & Gas Midstream industry.

Industry Context

  • Industry: Oil & Gas Midstream
  • Average net assets among peers: $4,866,121,850
  • Average return on equity (ROE) among peers: 15.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhuhai Winbase International Chemical Tank Terminal Co Ltd (002492) CN¥1.75 Billion 27.41% 0.33x $239.45 Million
Senton Energy Co. Ltd. A (001331) $565.63 Million 19.77% 0.96x $507.09 Million
Shaanxi Provincial Natural Gas Co Ltd (002267) $732.87 Million 34.64% 1.53x $428.58 Million
Shanxi Guoxin Energy Co Ltd A (600617) $284.02 Million 14.94% 0.47x $396.16 Million
China Merchants Energy Shipping Co Ltd (601872) $19.27 Billion 3.19% 0.96x $5.39 Billion
Nanjing Tanker Corp (601975) $760.98 Million 10.11% 0.13x $1.98 Billion
Anhui Province Natural Gas Development Co Ltd (603689) $2.84 Billion 7.27% 0.82x $191.29 Million
Jiangxi Jovo Energy Co. Ltd (605090) $9.61 Billion 17.51% 0.58x $1.65 Billion