Shanghai International Port Group Co Ltd

SHG:600018 China Marine Shipping
Market Cap
$16.44 Billion
CN¥120.59 Billion CNY
Market Cap Rank
#4265 Global
#416 in China
Share Price
CN¥5.18
Change (1 day)
-0.58%
52-Week Range
CN¥4.95 - CN¥5.90
All Time High
CN¥7.73
Categories
Companies in China Marine Shipping
About

Shanghai International Port (Group) Co., Ltd. engages in the operation and management of ports in China. The company operates through container, bulk cargo, port logistics, and port services segment.It offers loading and unloading, storage, transit, land and water transportation of domestic and foreign goods. It also provides container unpacking, cleaning, repairing, manufacturing and leasing ser… Read more

Shanghai International Port Group Co Ltd (600018) - Net Assets

Latest net assets as of September 2025: CN¥155.01 Billion CNY

Based on the latest financial reports, Shanghai International Port Group Co Ltd (600018) has net assets worth CN¥155.01 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¥220.95 Billion) and total liabilities (CN¥65.94 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¥155.01 Billion
% of Total Assets 70.16%
Annual Growth Rate 14.68%
5-Year Change 53.58%
10-Year Change 119.54%
Growth Volatility 19.83

Shanghai International Port Group Co Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Shanghai International Port Group 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 Shanghai International Port Group Co Ltd (2002–2024)

The table below shows the annual net assets of Shanghai International Port Group Co Ltd from 2002 to 2024.

Year Net Assets Change
2024-12-31 CN¥147.41 Billion +8.24%
2023-12-31 CN¥136.19 Billion +12.40%
2022-12-31 CN¥121.17 Billion +12.39%
2021-12-31 CN¥107.81 Billion +12.32%
2020-12-31 CN¥95.98 Billion +5.72%
2019-12-31 CN¥90.79 Billion +10.25%
2018-12-31 CN¥82.35 Billion +6.87%
2017-12-31 CN¥77.06 Billion +12.92%
2016-12-31 CN¥68.24 Billion +1.63%
2015-12-31 CN¥67.14 Billion +11.49%
2014-12-31 CN¥60.23 Billion +7.84%
2013-12-31 CN¥55.85 Billion +4.22%
2012-12-31 CN¥53.59 Billion +4.37%
2011-12-31 CN¥51.34 Billion +23.84%
2010-12-31 CN¥41.46 Billion +8.63%
2009-12-31 CN¥38.17 Billion +6.10%
2008-12-31 CN¥35.97 Billion +4.34%
2007-12-31 CN¥34.47 Billion +20.27%
2006-12-31 CN¥28.66 Billion +10.20%
2005-12-31 CN¥26.01 Billion +66.79%
2004-12-31 CN¥15.59 Billion +85.10%
2003-12-31 CN¥8.42 Billion +16.33%
2002-12-31 CN¥7.24 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai International Port Group 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 8577409800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥85.77 Billion 64.34%
Common Stock CN¥23.28 Billion 17.46%
Other Comprehensive Income CN¥15.30 Billion 11.48%
Other Components CN¥8.95 Billion 6.71%
Total Equity CN¥133.31 Billion 100.00%

Shanghai International Port Group Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai International Port Group Co Ltd ranked by their market capitalization.

Company Market Cap
Anadolu Efes Biracilik ve Malt Sanayi AS
IS:AEFES
 		$2.63 Billion
GENTING SG LTD. DL -10
F:36T
 		$2.63 Billion
Wonik Ips Co. Ltd
KQ:240810
 		$2.63 Billion
Plug Power Inc
NASDAQ:PLUG
 		$2.63 Billion
Axcelis Technologies Inc
NASDAQ:ACLS
 		$2.62 Billion
Navin Fluorine International Limited
NSE:NAVINFLUOR
 		$2.62 Billion
Patterson Companies Inc
NASDAQ:PDCO
 		$2.62 Billion
California Water Service Group
NYSE:CWT
 		$2.62 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai International Port Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 123,175,440,000 to 133,306,892,000, a change of 10,131,452,000 (8.2%).
  • Net income of 14,954,354,000 contributed positively to equity growth.
  • Dividend payments of 5,981,863,000 reduced retained earnings.
  • Share repurchases of 752,701 reduced equity.
  • Other comprehensive income increased equity by 14,859,446,000.
  • Other factors decreased equity by 13,699,732,299.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥14.95 Billion +11.22%
Dividends Paid CN¥5.98 Billion -4.49%
Share Repurchases CN¥752.70K -0.0%
Other Comprehensive Income CN¥14.86 Billion +11.15%
Other Changes CN¥-13.70 Billion -10.28%
Total Change CN¥- 8.23%

Book Value vs Market Value Analysis

This analysis compares Shanghai International Port Group 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: 0.90x
  • 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 12.91x to 0.90x 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¥0.40 CN¥5.18 x
2004-12-31 CN¥0.57 CN¥5.18 x
2005-12-31 CN¥1.01 CN¥5.18 x
2006-12-31 CN¥1.17 CN¥5.18 x
2007-12-31 CN¥1.34 CN¥5.18 x
2008-12-31 CN¥1.42 CN¥5.18 x
2009-12-31 CN¥1.53 CN¥5.18 x
2010-12-31 CN¥1.69 CN¥5.18 x
2011-12-31 CN¥2.04 CN¥5.18 x
2012-12-31 CN¥2.10 CN¥5.18 x
2013-12-31 CN¥2.19 CN¥5.18 x
2014-12-31 CN¥2.40 CN¥5.18 x
2015-12-31 CN¥2.59 CN¥5.18 x
2016-12-31 CN¥2.62 CN¥5.18 x
2017-12-31 CN¥3.00 CN¥5.18 x
2018-12-31 CN¥3.26 CN¥5.18 x
2019-12-31 CN¥3.54 CN¥5.18 x
2020-12-31 CN¥3.78 CN¥5.18 x
2021-12-31 CN¥4.08 CN¥5.18 x
2022-12-31 CN¥4.85 CN¥5.18 x
2023-12-31 CN¥5.31 CN¥5.18 x
2024-12-31 CN¥5.74 CN¥5.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai International Port Group 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): 11.22%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 39.23%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 1.59x
  • Recent ROE (11.22%) is below the historical average (11.99%), 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 4.87% 20.58% 0.11x 2.22x CN¥-432.03 Million
2004 10.84% 17.28% 0.25x 2.47x CN¥99.74 Million
2005 11.80% 26.22% 0.21x 2.14x CN¥382.79 Million
2006 12.04% 23.74% 0.25x 2.07x CN¥502.59 Million
2007 12.91% 22.29% 0.29x 1.97x CN¥819.86 Million
2008 15.46% 25.46% 0.31x 1.98x CN¥1.63 Billion
2009 11.72% 22.73% 0.26x 1.97x CN¥550.75 Million
2010 15.31% 28.35% 0.29x 1.86x CN¥1.88 Billion
2011 10.42% 21.69% 0.26x 1.84x CN¥191.34 Million
2012 10.41% 17.51% 0.33x 1.82x CN¥195.68 Million
2013 10.55% 18.66% 0.32x 1.78x CN¥273.57 Million
2014 12.40% 23.51% 0.31x 1.73x CN¥1.31 Billion
2015 11.01% 22.24% 0.30x 1.65x CN¥601.63 Million
2016 11.43% 22.13% 0.27x 1.92x CN¥866.69 Million
2017 16.60% 30.83% 0.26x 2.03x CN¥4.59 Billion
2018 13.60% 27.01% 0.26x 1.91x CN¥2.72 Billion
2019 11.04% 25.10% 0.25x 1.73x CN¥856.60 Million
2020 9.49% 31.80% 0.17x 1.78x CN¥-444.64 Million
2021 14.53% 42.18% 0.20x 1.71x CN¥4.52 Billion
2022 15.33% 46.20% 0.21x 1.62x CN¥5.99 Billion
2023 10.72% 35.16% 0.18x 1.65x CN¥885.59 Million
2024 11.22% 39.23% 0.18x 1.59x CN¥1.62 Billion

Industry Comparison

This section compares Shanghai International Port Group Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

  • Industry: Marine Shipping
  • Average net assets among peers: $2,907,651,009
  • Average return on equity (ROE) among peers: 7.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai International Port Group Co Ltd (600018) CN¥155.01 Billion 4.87% 0.43x $2.63 Billion
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
Rizhao Port Co Ltd (600017) $4.46 Billion 7.80% 0.70x $693.50 Million