Rizhao Port Co Ltd
Rizhao Port Co.,Ltd, together with its subsidiaries, provides transportation and port services in China. It is involved in the loading and unloading, storage, and transit of bulk and general cargoes, including containers, grain, timber, wood, steel, non-metallic ore, cement, etc. The company also provides warehousing and other logistics value-added services; and acts as port cargo transportation … Read more
Rizhao Port Co Ltd (600017) - Net Assets
Latest net assets as of September 2025: CN¥16.30 Billion CNY
Based on the latest financial reports, Rizhao Port Co Ltd (600017) has net assets worth CN¥16.30 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¥39.87 Billion) and total liabilities (CN¥23.58 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¥16.30 Billion |
| % of Total Assets | 40.87% |
| Annual Growth Rate | 15.61% |
| 5-Year Change | 13.65% |
| 10-Year Change | 42.22% |
| Growth Volatility | 30.28 |
Rizhao Port Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Rizhao 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 Rizhao Port Co Ltd (2003–2024)
The table below shows the annual net assets of Rizhao Port Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.99 Billion | +3.66% |
| 2023-12-31 | CN¥15.43 Billion | +0.56% |
| 2022-12-31 | CN¥15.34 Billion | +3.93% |
| 2021-12-31 | CN¥14.76 Billion | +4.91% |
| 2020-12-31 | CN¥14.07 Billion | +2.66% |
| 2019-12-31 | CN¥13.71 Billion | +9.57% |
| 2018-12-31 | CN¥12.51 Billion | +5.56% |
| 2017-12-31 | CN¥11.85 Billion | +3.43% |
| 2016-12-31 | CN¥11.46 Billion | +1.91% |
| 2015-12-31 | CN¥11.25 Billion | +2.31% |
| 2014-12-31 | CN¥10.99 Billion | +5.63% |
| 2013-12-31 | CN¥10.41 Billion | +15.22% |
| 2012-12-31 | CN¥9.03 Billion | +32.34% |
| 2011-12-31 | CN¥6.82 Billion | +40.64% |
| 2010-12-31 | CN¥4.85 Billion | +8.86% |
| 2009-12-31 | CN¥4.46 Billion | +47.83% |
| 2008-12-31 | CN¥3.01 Billion | +8.60% |
| 2007-12-31 | CN¥2.78 Billion | +14.44% |
| 2006-12-31 | CN¥2.43 Billion | +141.32% |
| 2005-12-31 | CN¥1.01 Billion | +18.30% |
| 2004-12-31 | CN¥849.78 Million | +11.86% |
| 2003-12-31 | CN¥759.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rizhao 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 5855.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.84 Billion | 56.96% |
| Common Stock | CN¥3.08 Billion | 22.34% |
| Other Comprehensive Income | CN¥1.83 Billion | 13.26% |
| Other Components | CN¥1.02 Billion | 7.43% |
| Total Equity | CN¥13.77 Billion | 100.00% |
Rizhao Port Co Ltd Competitors by Market Cap
The table below lists competitors of Rizhao Port Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Charter Hall Social Infrastructure REIT
PINK:FKKEF
|
$693.51 Million |
|
First Watch Restaurant Group Inc
NASDAQ:FWRG
|
$693.66 Million |
|
Vicat SA
PINK:SDCVF
|
$693.66 Million |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
$693.86 Million |
|
Edelweiss Financial Services Limited
NSE:EDELWEISS
|
$693.26 Million |
|
Meren Energy Inc.
NASDAQ:MRNFF
|
$693.15 Million |
|
Shenzhen Changhong Tech
SHE:300151
|
$693.14 Million |
|
State Power Rixin Technology Co. Ltd.
SHE:301162
|
$693.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rizhao Port Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,296,453,872 to 13,767,896,290, a change of 471,442,418 (3.5%).
- Net income of 654,879,934 contributed positively to equity growth.
- Dividend payments of 622,944,536 reduced retained earnings.
- Other comprehensive income increased equity by 18,587,046.
- Other factors increased equity by 420,919,974.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥654.88 Million | +4.76% |
| Dividends Paid | CN¥622.94 Million | -4.52% |
| Other Comprehensive Income | CN¥18.59 Million | +0.14% |
| Other Changes | CN¥420.92 Million | +3.06% |
| Total Change | CN¥- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares Rizhao 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: 0.74x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 13.28x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.25 | CN¥3.28 | x |
| 2004-12-31 | CN¥0.28 | CN¥3.28 | x |
| 2005-12-31 | CN¥0.33 | CN¥3.28 | x |
| 2006-12-31 | CN¥1.63 | CN¥3.28 | x |
| 2007-12-31 | CN¥1.32 | CN¥3.28 | x |
| 2008-12-31 | CN¥1.48 | CN¥3.28 | x |
| 2009-12-31 | CN¥2.10 | CN¥3.28 | x |
| 2010-12-31 | CN¥2.01 | CN¥3.28 | x |
| 2011-12-31 | CN¥2.23 | CN¥3.28 | x |
| 2012-12-31 | CN¥2.86 | CN¥3.28 | x |
| 2013-12-31 | CN¥3.08 | CN¥3.28 | x |
| 2014-12-31 | CN¥3.23 | CN¥3.28 | x |
| 2015-12-31 | CN¥3.28 | CN¥3.28 | x |
| 2016-12-31 | CN¥3.51 | CN¥3.28 | x |
| 2017-12-31 | CN¥3.46 | CN¥3.28 | x |
| 2018-12-31 | CN¥3.67 | CN¥3.28 | x |
| 2019-12-31 | CN¥3.84 | CN¥3.28 | x |
| 2020-12-31 | CN¥4.05 | CN¥3.28 | x |
| 2021-12-31 | CN¥4.25 | CN¥3.28 | x |
| 2022-12-31 | CN¥4.42 | CN¥3.28 | x |
| 2023-12-31 | CN¥4.36 | CN¥3.28 | x |
| 2024-12-31 | CN¥4.41 | CN¥3.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rizhao 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): 4.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.74%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.93x
- Recent ROE (4.76%) is below the historical average (7.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 17.13% | 24.69% | 0.33x | 2.11x | CN¥54.13 Million |
| 2004 | 14.60% | 21.96% | 0.28x | 2.40x | CN¥39.13 Million |
| 2005 | 15.20% | 25.71% | 0.25x | 2.41x | CN¥52.26 Million |
| 2006 | 8.16% | 18.29% | 0.25x | 1.80x | CN¥-40.85 Million |
| 2007 | 7.06% | 14.90% | 0.25x | 1.88x | CN¥-74.59 Million |
| 2008 | 9.49% | 16.77% | 0.27x | 2.07x | CN¥-14.07 Million |
| 2009 | 8.36% | 14.88% | 0.31x | 1.82x | CN¥-68.11 Million |
| 2010 | 9.43% | 13.52% | 0.36x | 1.91x | CN¥-25.60 Million |
| 2011 | 7.42% | 13.98% | 0.33x | 1.61x | CN¥-166.93 Million |
| 2012 | 9.09% | 16.39% | 0.35x | 1.60x | CN¥-78.74 Million |
| 2013 | 8.47% | 16.15% | 0.31x | 1.68x | CN¥-145.12 Million |
| 2014 | 5.76% | 11.26% | 0.29x | 1.77x | CN¥-421.69 Million |
| 2015 | 3.04% | 7.04% | 0.24x | 1.84x | CN¥-703.94 Million |
| 2016 | 1.71% | 4.12% | 0.22x | 1.93x | CN¥-853.62 Million |
| 2017 | 3.47% | 7.68% | 0.24x | 1.89x | CN¥-694.56 Million |
| 2018 | 5.73% | 12.56% | 0.24x | 1.91x | CN¥-480.46 Million |
| 2019 | 5.35% | 12.04% | 0.23x | 1.97x | CN¥-548.96 Million |
| 2020 | 5.13% | 11.09% | 0.23x | 2.04x | CN¥-607.41 Million |
| 2021 | 5.63% | 11.33% | 0.22x | 2.23x | CN¥-570.91 Million |
| 2022 | 5.22% | 8.37% | 0.26x | 2.42x | CN¥-649.76 Million |
| 2023 | 4.82% | 7.85% | 0.21x | 2.96x | CN¥-688.95 Million |
| 2024 | 4.76% | 7.74% | 0.21x | 2.93x | CN¥-721.91 Million |
Industry Comparison
This section compares Rizhao 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: $2,735,515,522
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rizhao Port Co Ltd (600017) | CN¥16.30 Billion | 17.13% | 1.45x | $693.50 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 |
| Nanjing Port Co Ltd (002040) | $3.54 Billion | 4.12% | 0.34x | $233.10 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 |