Chongqing Gangjiu Co Ltd

SHG:600279 China Marine Shipping
Market Cap
$868.65 Million
CN¥6.37 Billion CNY
Market Cap Rank
#12949 Global
#3269 in China
Share Price
CN¥5.37
Change (1 day)
-0.92%
52-Week Range
CN¥4.66 - CN¥6.92
All Time High
CN¥9.97
Categories
Companies in China Marine Shipping
About

Chongqing Port Co.,Ltd. engages in the port transit transportation business in China. It is involved in the loading and unloading, warehousing, and transit transportation of cargo at ports and terminals, as well as the logistics business. The company was formerly known as Chongqing Gangjiu Co.,Ltd and changed its name to Chongqing Port Co.,Ltd. in November 2021. The company was founded in 1999 an… Read more

Chongqing Gangjiu Co Ltd (600279) - Net Assets

Latest net assets as of September 2025: CN¥8.77 Billion CNY

Based on the latest financial reports, Chongqing Gangjiu Co Ltd (600279) has net assets worth CN¥8.77 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¥14.66 Billion) and total liabilities (CN¥5.89 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¥8.77 Billion
% of Total Assets 59.81%
Annual Growth Rate 17.91%
5-Year Change 29.11%
10-Year Change 108.67%
Growth Volatility 61.37

Chongqing Gangjiu Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Chongqing Gangjiu 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 Chongqing Gangjiu Co Ltd (1997–2024)

The table below shows the annual net assets of Chongqing Gangjiu Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.79 Billion +11.65%
2023-12-31 CN¥7.87 Billion +11.74%
2022-12-31 CN¥7.05 Billion +3.42%
2021-12-31 CN¥6.81 Billion +0.08%
2020-12-31 CN¥6.81 Billion +2.18%
2019-12-31 CN¥6.66 Billion +40.87%
2018-12-31 CN¥4.73 Billion -0.63%
2017-12-31 CN¥4.76 Billion +11.30%
2016-12-31 CN¥4.28 Billion +1.53%
2015-12-31 CN¥4.21 Billion -1.48%
2014-12-31 CN¥4.28 Billion +62.22%
2013-12-31 CN¥2.64 Billion +3.58%
2012-12-31 CN¥2.54 Billion +49.59%
2011-12-31 CN¥1.70 Billion +4.78%
2010-12-31 CN¥1.62 Billion +53.36%
2009-12-31 CN¥1.06 Billion +3.26%
2008-12-31 CN¥1.03 Billion +8.92%
2007-12-31 CN¥941.07 Million +13.64%
2006-12-31 CN¥828.13 Million +8.74%
2005-12-31 CN¥761.54 Million -0.66%
2004-12-31 CN¥766.60 Million +2.82%
2003-12-31 CN¥745.54 Million +3.74%
2002-12-31 CN¥718.66 Million +1.52%
2001-12-31 CN¥707.92 Million -0.20%
2000-12-31 CN¥709.33 Million +321.11%
1999-12-31 CN¥168.44 Million +63.78%
1998-12-31 CN¥102.85 Million +0.12%
1997-12-31 CN¥102.73 Million --

Equity Component Analysis

This analysis shows how different components contribute to Chongqing Gangjiu 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 207597184812.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.07 Billion 30.81%
Common Stock CN¥1.19 Billion 17.62%
Other Comprehensive Income CN¥429.51 Million 6.38%
Other Components CN¥3.04 Billion 45.19%
Total Equity CN¥6.73 Billion 100.00%

Chongqing Gangjiu Co Ltd Competitors by Market Cap

The table below lists competitors of Chongqing Gangjiu Co Ltd ranked by their market capitalization.

Company Market Cap
MBB INDUSTRIES
XETRA:MBB
 		$294.02 Million
Yunnan luoping Zinc & Electricity Co Ltd
SHE:002114
 		$294.10 Million
Fondul Proprietatea SA
RO:FP
 		$294.18 Million
Jiangxi Huangshanghuang Group Food Co Ltd
SHE:002695
 		$294.29 Million
Shenzhen Jame Technology Corp Ltd
SHE:300868
 		$293.91 Million
Hoasen Group
VN:HSG
 		$293.90 Million
The India Cements Limited
NSE:INDIACEM
 		$293.88 Million
PARATUS ENERGY SERVICES LTD
OL:PLSV
 		$293.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chongqing Gangjiu Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,251,505,865 to 6,734,610,979, a change of 483,105,114 (7.7%).
  • Net income of 528,989,366 contributed positively to equity growth.
  • Dividend payments of 177,224,619 reduced retained earnings.
  • Other comprehensive income increased equity by 144,793,207.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥528.99 Million +7.85%
Dividends Paid CN¥177.22 Million -2.63%
Other Comprehensive Income CN¥144.79 Million +2.15%
Other Changes CN¥-13.45 Million -0.2%
Total Change CN¥- 7.73%

Book Value vs Market Value Analysis

This analysis compares Chongqing Gangjiu 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: 0.94x
  • 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 17.79x to 0.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.30 CN¥5.37 x
1998-12-31 CN¥0.30 CN¥5.37 x
1999-12-31 CN¥0.50 CN¥5.37 x
2000-12-31 CN¥2.08 CN¥5.37 x
2001-12-31 CN¥2.08 CN¥5.37 x
2002-12-31 CN¥2.11 CN¥5.37 x
2003-12-31 CN¥2.19 CN¥5.37 x
2004-12-31 CN¥2.23 CN¥5.37 x
2005-12-31 CN¥2.22 CN¥5.37 x
2006-12-31 CN¥2.17 CN¥5.37 x
2007-12-31 CN¥2.33 CN¥5.37 x
2008-12-31 CN¥2.34 CN¥5.37 x
2009-12-31 CN¥2.39 CN¥5.37 x
2010-12-31 CN¥3.16 CN¥5.37 x
2011-12-31 CN¥3.35 CN¥5.37 x
2012-12-31 CN¥3.97 CN¥5.37 x
2013-12-31 CN¥3.96 CN¥5.37 x
2014-12-31 CN¥4.77 CN¥5.37 x
2015-12-31 CN¥4.53 CN¥5.37 x
2016-12-31 CN¥4.71 CN¥5.37 x
2017-12-31 CN¥5.30 CN¥5.37 x
2018-12-31 CN¥4.74 CN¥5.37 x
2019-12-31 CN¥6.82 CN¥5.37 x
2020-12-31 CN¥4.65 CN¥5.37 x
2021-12-31 CN¥4.68 CN¥5.37 x
2022-12-31 CN¥4.78 CN¥5.37 x
2023-12-31 CN¥5.28 CN¥5.37 x
2024-12-31 CN¥5.73 CN¥5.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chongqing Gangjiu 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): 7.85%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.09%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 2.08x
  • Recent ROE (7.85%) is above the historical average (6.23%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 22.15% 36.65% 0.49x 1.23x CN¥12.49 Million
1998 18.21% 32.30% 0.48x 1.18x CN¥8.45 Million
1999 19.01% 60.40% 0.25x 1.27x CN¥15.17 Million
2000 6.74% 67.56% 0.09x 1.15x CN¥-23.12 Million
2001 6.16% 42.33% 0.12x 1.21x CN¥-27.21 Million
2002 3.72% 27.48% 0.12x 1.11x CN¥-45.11 Million
2003 3.15% 20.63% 0.13x 1.19x CN¥-51.02 Million
2004 3.90% 14.35% 0.21x 1.29x CN¥-46.25 Million
2005 3.05% 8.66% 0.31x 1.14x CN¥-52.61 Million
2006 4.43% 11.14% 0.16x 2.46x CN¥-42.77 Million
2007 7.00% 13.45% 0.20x 2.64x CN¥-23.96 Million
2008 3.57% 5.05% 0.21x 3.42x CN¥-51.65 Million
2009 3.35% 6.01% 0.15x 3.73x CN¥-54.46 Million
2010 3.86% 5.58% 0.24x 2.86x CN¥-99.59 Million
2011 5.37% 6.20% 0.30x 2.84x CN¥-78.68 Million
2012 3.19% 4.46% 0.29x 2.45x CN¥-139.44 Million
2013 3.70% 6.14% 0.26x 2.32x CN¥-132.67 Million
2014 3.07% 5.13% 0.26x 2.27x CN¥-219.29 Million
2015 2.43% 3.77% 0.28x 2.29x CN¥-242.45 Million
2016 2.42% 3.57% 0.29x 2.36x CN¥-246.23 Million
2017 13.22% 7.65% 0.74x 2.33x CN¥117.67 Million
2018 3.76% 2.13% 0.78x 2.24x CN¥-225.82 Million
2019 4.26% 4.85% 0.39x 2.27x CN¥-311.67 Million
2020 2.33% 2.54% 0.40x 2.27x CN¥-423.66 Million
2021 1.86% 1.89% 0.44x 2.22x CN¥-452.26 Million
2022 2.51% 2.87% 0.39x 2.26x CN¥-425.11 Million
2023 10.03% 12.67% 0.37x 2.14x CN¥2.02 Million
2024 7.85% 12.09% 0.31x 2.08x CN¥-144.47 Million

Industry Comparison

This section compares Chongqing Gangjiu 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
Chongqing Gangjiu Co Ltd (600279) CN¥8.77 Billion 22.15% 0.67x $294.02 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
Rizhao Port Co Ltd (600017) $4.46 Billion 7.80% 0.70x $693.50 Million