COSCO Shipping Energy Transportation Co Ltd Net Assets
COSCO Shipping Energy Transportation Co Ltd net assets. Based on the latest financial reports, COSCO Shipping Energy Transportation Co Ltd (600026) has net assets worth CN¥49.64 Billion CNY (≈ $7.26 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥92.08 Billion ≈ $13.47 Billion USD) and total liabilities (CN¥42.43 Billion ≈ $6.21 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. See 600026 net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥49.64 Billion |
| % of Total Assets | 53.92% |
| Annual Growth Rate | 9.36% |
| 5-Year Change | 65.91% |
| 10-Year Change | 81.03% |
| Growth Volatility | 11.87 |
Net Assets of COSCO Shipping Energy Transportation Co Ltd (1999–2025)
Net assets of COSCO Shipping Energy Transportation Co Ltd from 1999 to 2025. This chart illustrates how COSCO Shipping Energy Transportation Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore COSCO Shipping Energy Transportation Co net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for COSCO Shipping Energy Transportation Co Ltd (1999–2025)
The table below shows the annual net assets of COSCO Shipping Energy Transportation Co Ltd from 1999 to 2025. For live market cap and overall valuation, see COSCO Shipping Energy Transportation Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥49.64 Billion ≈ $7.26 Billion |
+27.34% |
| 2024-12-31 | CN¥38.99 Billion ≈ $5.70 Billion |
+5.07% |
| 2023-12-31 | CN¥37.10 Billion ≈ $5.43 Billion |
+10.52% |
| 2022-12-31 | CN¥33.57 Billion ≈ $4.91 Billion |
+12.19% |
| 2021-12-31 | CN¥29.92 Billion ≈ $4.38 Billion |
-15.95% |
| 2020-12-31 | CN¥35.60 Billion ≈ $5.21 Billion |
+22.06% |
| 2019-12-31 | CN¥29.17 Billion ≈ $4.27 Billion |
-0.36% |
| 2018-12-31 | CN¥29.27 Billion ≈ $4.28 Billion |
+3.57% |
| 2017-12-31 | CN¥28.26 Billion ≈ $4.14 Billion |
+3.06% |
| 2016-12-31 | CN¥27.42 Billion ≈ $4.01 Billion |
+3.39% |
| 2015-12-31 | CN¥26.52 Billion ≈ $3.88 Billion |
+17.11% |
| 2014-12-31 | CN¥22.65 Billion ≈ $3.31 Billion |
+1.96% |
| 2013-12-31 | CN¥22.21 Billion ≈ $3.25 Billion |
-8.91% |
| 2012-12-31 | CN¥24.39 Billion ≈ $3.57 Billion |
+0.18% |
| 2011-12-31 | CN¥24.34 Billion ≈ $3.56 Billion |
+5.41% |
| 2010-12-31 | CN¥23.09 Billion ≈ $3.38 Billion |
+6.72% |
| 2009-12-31 | CN¥21.64 Billion ≈ $3.17 Billion |
+0.41% |
| 2008-12-31 | CN¥21.55 Billion ≈ $3.15 Billion |
+33.27% |
| 2007-12-31 | CN¥16.17 Billion ≈ $2.37 Billion |
+29.71% |
| 2006-12-31 | CN¥12.47 Billion ≈ $1.82 Billion |
+16.11% |
| 2005-12-31 | CN¥10.74 Billion ≈ $1.57 Billion |
+25.77% |
| 2004-12-31 | CN¥8.54 Billion ≈ $1.25 Billion |
+19.60% |
| 2003-12-31 | CN¥7.14 Billion ≈ $1.04 Billion |
+15.97% |
| 2002-12-31 | CN¥6.15 Billion ≈ $900.61 Million |
+20.98% |
| 2001-12-31 | CN¥5.09 Billion ≈ $744.41 Million |
+1.56% |
| 2000-12-31 | CN¥5.01 Billion ≈ $732.94 Million |
+3.36% |
| 1999-12-31 | CN¥4.85 Billion ≈ $709.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to COSCO Shipping Energy Transportation 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 10820.6% over the analyzed period, indicating profitable operations and earnings retention.
COSCO Shipping Energy Transportation Co Ltd Net Assets Breakdown (December 2025)
COSCO Shipping Energy Transportation Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥18.28 Billion | 39.39% |
| Common Stock | CN¥5.47 Billion | 11.78% |
| Other Comprehensive Income | CN¥3.97 Billion | 8.55% |
| Other Components | CN¥18.69 Billion | 40.28% |
| Total Equity | CN¥46.41 Billion | 100.00% |
COSCO Shipping Energy Transportation Co Ltd Competitors by Market Cap
The table below lists competitors of COSCO Shipping Energy Transportation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Macrotech Developers Limited
NSE:LODHA
|
$11.30 Billion |
|
A.P.MOELL-M.B U.ADR 1/200
F:DP4H
|
$11.30 Billion |
|
Chang Hwa Commercial Bank Ltd
TW:2801
|
$11.31 Billion |
|
Ningbo Tuopu Group Co Ltd
SHG:601689
|
$11.31 Billion |
|
Deckers Outdoor Corporation
NYSE:DECK
|
$11.27 Billion |
|
Grupo Aeroportuario del Pacifico SAB De CV ADR
NYSE:PAC
|
$11.25 Billion |
|
Zhangzhou Pientzehuang Pharmaceutical Co Ltd
SHG:600436
|
$11.25 Billion |
|
DIETEREN GR. UNSP.ADR 1/2
F:DJD
|
$11.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COSCO Shipping Energy Transportation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,866,909,000 to 46,405,181,844, a change of 10,538,272,844 (29.4%).
- Net income of 4,037,311,000 contributed positively to equity growth.
- Dividend payments of 1,001,863,042 reduced retained earnings.
- New share issuances of 7,980,493,000 increased equity.
- Other comprehensive income increased equity by 2,596,538,681.
- Other factors decreased equity by 3,074,206,795.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.04 Billion | +8.7% |
| Dividends Paid | CN¥1.00 Billion | -2.16% |
| Share Issuances | CN¥7.98 Billion | +17.2% |
| Other Comprehensive Income | CN¥2.60 Billion | +5.6% |
| Other Changes | CN¥-3.07 Billion | -6.62% |
| Total Change | CN¥- | 29.38% |
Book Value vs Market Value Analysis
This analysis compares COSCO Shipping Energy Transportation 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 12.70x 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 |
|---|---|---|---|
| 1999-12-31 | CN¥1.46 | CN¥18.50 | x |
| 2000-12-31 | CN¥1.51 | CN¥18.50 | x |
| 2001-12-31 | CN¥1.53 | CN¥18.50 | x |
| 2002-12-31 | CN¥1.85 | CN¥18.50 | x |
| 2003-12-31 | CN¥2.14 | CN¥18.50 | x |
| 2004-12-31 | CN¥2.56 | CN¥18.50 | x |
| 2005-12-31 | CN¥3.22 | CN¥18.50 | x |
| 2006-12-31 | CN¥3.75 | CN¥18.50 | x |
| 2007-12-31 | CN¥4.80 | CN¥18.50 | x |
| 2008-12-31 | CN¥6.30 | CN¥18.50 | x |
| 2009-12-31 | CN¥6.28 | CN¥18.50 | x |
| 2010-12-31 | CN¥6.63 | CN¥18.50 | x |
| 2011-12-31 | CN¥6.62 | CN¥18.50 | x |
| 2012-12-31 | CN¥6.92 | CN¥18.50 | x |
| 2013-12-31 | CN¥6.24 | CN¥18.50 | x |
| 2014-12-31 | CN¥6.41 | CN¥18.50 | x |
| 2015-12-31 | CN¥6.46 | CN¥18.50 | x |
| 2016-12-31 | CN¥6.80 | CN¥18.50 | x |
| 2017-12-31 | CN¥6.92 | CN¥18.50 | x |
| 2018-12-31 | CN¥7.00 | CN¥18.50 | x |
| 2019-12-31 | CN¥6.98 | CN¥18.50 | x |
| 2020-12-31 | CN¥7.55 | CN¥18.50 | x |
| 2021-12-31 | CN¥6.00 | CN¥18.50 | x |
| 2022-12-31 | CN¥6.88 | CN¥18.50 | x |
| 2023-12-31 | CN¥7.49 | CN¥18.50 | x |
| 2024-12-31 | CN¥7.81 | CN¥18.50 | x |
| 2025-12-31 | CN¥9.50 | CN¥18.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COSCO Shipping Energy Transportation 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): 8.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.93%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.98x
- Recent ROE (8.70%) is above the historical average (7.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 3.31% | 5.01% | 0.35x | 1.86x | CN¥-324.32 Million |
| 2000 | 6.23% | 9.53% | 0.40x | 1.63x | CN¥-189.08 Million |
| 2001 | 6.91% | 8.72% | 0.46x | 1.74x | CN¥-157.15 Million |
| 2002 | 9.30% | 13.22% | 0.48x | 1.46x | CN¥-42.99 Million |
| 2003 | 13.77% | 18.97% | 0.54x | 1.34x | CN¥268.93 Million |
| 2004 | 22.20% | 29.32% | 0.56x | 1.35x | CN¥1.04 Billion |
| 2005 | 25.34% | 31.88% | 0.64x | 1.24x | CN¥1.64 Billion |
| 2006 | 22.15% | 29.24% | 0.55x | 1.36x | CN¥1.51 Billion |
| 2007 | 28.60% | 36.92% | 0.53x | 1.47x | CN¥2.99 Billion |
| 2008 | 25.16% | 30.59% | 0.59x | 1.40x | CN¥3.24 Billion |
| 2009 | 4.98% | 12.19% | 0.26x | 1.59x | CN¥-1.07 Billion |
| 2010 | 7.60% | 15.04% | 0.28x | 1.80x | CN¥-541.33 Million |
| 2011 | 4.49% | 8.64% | 0.24x | 2.18x | CN¥-1.30 Billion |
| 2012 | 0.31% | 0.66% | 0.19x | 2.46x | CN¥-2.28 Billion |
| 2013 | -10.83% | -20.18% | 0.19x | 2.77x | CN¥-4.42 Billion |
| 2014 | 1.42% | 2.52% | 0.19x | 3.01x | CN¥-1.87 Billion |
| 2015 | 4.49% | 6.56% | 0.26x | 2.66x | CN¥-1.42 Billion |
| 2016 | 7.01% | 14.61% | 0.23x | 2.12x | CN¥-818.80 Million |
| 2017 | 6.33% | 18.06% | 0.16x | 2.16x | CN¥-1.03 Billion |
| 2018 | 0.37% | 0.86% | 0.19x | 2.25x | CN¥-2.71 Billion |
| 2019 | 1.53% | 3.11% | 0.21x | 2.34x | CN¥-2.38 Billion |
| 2020 | 6.85% | 14.48% | 0.25x | 1.91x | CN¥-1.09 Billion |
| 2021 | -17.40% | -39.18% | 0.21x | 2.08x | CN¥-7.83 Billion |
| 2022 | 4.62% | 7.81% | 0.27x | 2.16x | CN¥-1.70 Billion |
| 2023 | 9.83% | 14.87% | 0.32x | 2.10x | CN¥-57.75 Million |
| 2024 | 11.25% | 17.37% | 0.29x | 2.26x | CN¥449.83 Million |
| 2025 | 8.70% | 16.93% | 0.26x | 1.98x | CN¥-603.21 Million |
Industry Comparison
This section compares COSCO Shipping Energy Transportation 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: $4,009,653,603
- Average return on equity (ROE) among peers: 9.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COSCO Shipping Energy Transportation Co Ltd (600026) | CN¥49.64 Billion | 3.31% | 0.85x | $11.29 Billion |
| Shaanxi Provincial Natural Gas Co Ltd (002267) | $440.80 Million | 28.20% | 3.39x | $1.15 Billion |
| Zhuhai Winbase International Chemical Tank Terminal Co Ltd (002492) | $1.70 Billion | 3.83% | 0.24x | $296.91 Million |
| Shanxi Guoxin Energy Co Ltd A (600617) | $-68.99 Million | 0.00% | 0.00x | $831.42 Million |
| China Merchants Energy Shipping Co Ltd (601872) | $19.27 Billion | 3.19% | 0.96x | $20.31 Billion |
| Nanjing Tanker Corp (601975) | $5.07 Billion | -14.87% | 2.78x | $2.51 Billion |
| Anhui Province Natural Gas Development Co Ltd (603689) | $844.11 Million | 11.30% | 0.79x | $575.00 Million |
| Jiangxi Jovo Energy Co. Ltd (605090) | $488.57 Million | 46.60% | 5.44x | $2.96 Billion |
| Shanxi Guoxin Energy Co Ltd B (900913) | $4.34 Billion | 0.38% | 4.93x | $31.65 Million |
About COSCO Shipping Energy Transportation Co Ltd
COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People's Republic of China and internationally. It is involved in chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services. As of December 31, 2025, the company owned 155 oil tankers with a total capacit… Read more