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

Latest as of March 2026: CN¥162.07 Billion CNY ≈ $23.72 Billion USD

Based on the latest financial reports, Shanghai International Port Group Co Ltd (600018) has net assets worth CN¥162.07 Billion CNY (≈ $23.72 Billion 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¥228.54 Billion ≈ $33.44 Billion USD) and total liabilities (CN¥66.47 Billion ≈ $9.73 Billion 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 Shanghai International Port Group Co Ltd (600018) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥162.07 Billion
% of Total Assets 70.91%
Annual Growth Rate 14.28%
5-Year Change 44.64%
10-Year Change 128.51%
Growth Volatility 19.51

Shanghai International Port Group Co Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Shanghai International Port Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai International Port Group Co Ltd (600018) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shanghai International Port Group Co Ltd (2002–2025)

The table below shows the annual net assets of Shanghai International Port Group Co Ltd from 2002 to 2025. For live valuation and market cap data, see how much is Shanghai International Port Group Co Ltd worth.

Year Net Assets Change
2025-12-31 CN¥155.93 Billion
≈ $22.82 Billion		 +5.78%
2024-12-31 CN¥147.41 Billion
≈ $21.57 Billion		 +8.24%
2023-12-31 CN¥136.19 Billion
≈ $19.93 Billion		 +12.40%
2022-12-31 CN¥121.17 Billion
≈ $17.73 Billion		 +12.39%
2021-12-31 CN¥107.81 Billion
≈ $15.78 Billion		 +12.32%
2020-12-31 CN¥95.98 Billion
≈ $14.04 Billion		 +5.72%
2019-12-31 CN¥90.79 Billion
≈ $13.29 Billion		 +10.25%
2018-12-31 CN¥82.35 Billion
≈ $12.05 Billion		 +6.87%
2017-12-31 CN¥77.06 Billion
≈ $11.28 Billion		 +12.92%
2016-12-31 CN¥68.24 Billion
≈ $9.99 Billion		 +1.63%
2015-12-31 CN¥67.14 Billion
≈ $9.83 Billion		 +11.49%
2014-12-31 CN¥60.23 Billion
≈ $8.81 Billion		 +7.84%
2013-12-31 CN¥55.85 Billion
≈ $8.17 Billion		 +4.22%
2012-12-31 CN¥53.59 Billion
≈ $7.84 Billion		 +4.37%
2011-12-31 CN¥51.34 Billion
≈ $7.51 Billion		 +23.84%
2010-12-31 CN¥41.46 Billion
≈ $6.07 Billion		 +8.63%
2009-12-31 CN¥38.17 Billion
≈ $5.58 Billion		 +6.10%
2008-12-31 CN¥35.97 Billion
≈ $5.26 Billion		 +4.34%
2007-12-31 CN¥34.47 Billion
≈ $5.04 Billion		 +20.27%
2006-12-31 CN¥28.66 Billion
≈ $4.19 Billion		 +10.20%
2005-12-31 CN¥26.01 Billion
≈ $3.81 Billion		 +66.79%
2004-12-31 CN¥15.59 Billion
≈ $2.28 Billion		 +85.10%
2003-12-31 CN¥8.42 Billion
≈ $1.23 Billion		 +16.33%
2002-12-31 CN¥7.24 Billion
≈ $1.06 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 9396012371860.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥93.96 Billion 66.67%
Other Components CN¥46.98 Billion 33.33%
Total Equity CN¥140.94 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
NIPPON STEEL SP.ADR 033
F:NPSA
 $16.86 Billion
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460
 $16.87 Billion
Halliburton Co
BA:HAL
 $16.87 Billion
AIRTEL AFRICA UNSP.ADR/10
F:9AA0
 $16.88 Billion
Carlyle Group Inc
NASDAQ:CG
 $16.86 Billion
W P Carey Inc
NYSE:WPC
 $16.81 Billion
Samvardhana Motherson International Limited
NSE:MOTHERSON
 $16.81 Billion
Bank Polska Kasa Opieki SA
WAR:PEO
 $16.81 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 2024 to 2025, total equity changed from 133,306,892,000 to 140,941,511,747, a change of 7,634,619,747 (5.7%).
  • Net income of 13,564,589,175 contributed positively to equity growth.
  • Dividend payments of 4,803,074,241 reduced retained earnings.
  • Other comprehensive income decreased equity by 15,304,378,000.
  • Other factors increased equity by 14,177,482,813.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥13.56 Billion +9.62%
Dividends Paid CN¥4.80 Billion -3.41%
Other Comprehensive Income CN¥-15.30 Billion -10.86%
Other Changes CN¥14.18 Billion +10.06%
Total Change CN¥- 5.73%

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: 0.82x
  • 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 12.33x to 0.82x 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¥4.95 x
2004-12-31 CN¥0.57 CN¥4.95 x
2005-12-31 CN¥1.01 CN¥4.95 x
2006-12-31 CN¥1.17 CN¥4.95 x
2007-12-31 CN¥1.34 CN¥4.95 x
2008-12-31 CN¥1.42 CN¥4.95 x
2009-12-31 CN¥1.53 CN¥4.95 x
2010-12-31 CN¥1.69 CN¥4.95 x
2011-12-31 CN¥2.04 CN¥4.95 x
2012-12-31 CN¥2.10 CN¥4.95 x
2013-12-31 CN¥2.19 CN¥4.95 x
2014-12-31 CN¥2.40 CN¥4.95 x
2015-12-31 CN¥2.59 CN¥4.95 x
2016-12-31 CN¥2.62 CN¥4.95 x
2017-12-31 CN¥3.00 CN¥4.95 x
2018-12-31 CN¥3.26 CN¥4.95 x
2019-12-31 CN¥3.54 CN¥4.95 x
2020-12-31 CN¥3.78 CN¥4.95 x
2021-12-31 CN¥4.08 CN¥4.95 x
2022-12-31 CN¥4.85 CN¥4.95 x
2023-12-31 CN¥5.31 CN¥4.95 x
2024-12-31 CN¥5.74 CN¥4.95 x
2025-12-31 CN¥6.05 CN¥4.95 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): 9.62%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 34.24%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 1.57x
  • Recent ROE (9.62%) is below the historical average (11.88%), 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
2025 9.62% 34.24% 0.18x 1.57x CN¥-529.56 Million

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: $4,419,584,990
  • Average return on equity (ROE) among peers: 7.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai International Port Group Co Ltd (600018) CN¥162.07 Billion 4.87% 0.41x $16.86 Billion
Shenzhen Yan Tian Port Holdings Co Ltd (000088) $10.85 Billion 4.35% 0.51x $3.32 Billion
Zhuhai Port Co Ltd (000507) $1.16 Billion 11.26% 1.02x $662.16 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520) $-5.20 Billion 0.00% 0.00x $678.30 Million
Beibuwan Port Co Ltd (000582) $374.72 Million 10.47% 1.50x $4.31 Billion
Xiamen Port Development Co Ltd (000905) $976.33 Million 3.22% 1.74x $1.98 Billion
Nanjing Shenghang Shipping Co Ltd (001205) $143.03 Million 17.43% 1.03x $392.03 Million
China Merchants Port Group Co Ltd (001872) $32.71 Billion 11.33% 0.54x $6.69 Billion
Nanjing Port Co Ltd (002040) $659.56 Million 3.10% 0.60x $624.05 Million
Hainan Strait Shipping Co Ltd (002320) $1.89 Billion 7.01% 0.04x $2.30 Billion
Guangdong Great River Smarter Logistics Co Ltd Class A (002930) $625.80 Million 7.44% 1.99x $648.70 Million

About Shanghai International Port Group Co Ltd

SHG:600018 China Marine Shipping
Market Cap
$16.86 Billion
CN¥115.24 Billion CNY
Market Cap Rank
#1506 Global
#144 in China
Share Price
CN¥4.95
Change (1 day)
-1.98%
52-Week Range
CN¥4.87 - 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 se… Read more