Chongqing Gangjiu Co Ltd (600279) - Net Assets
Based on the latest financial reports, Chongqing Gangjiu Co Ltd (600279) has net assets worth CN¥8.78 Billion CNY (≈ $1.28 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¥13.92 Billion ≈ $2.04 Billion USD) and total liabilities (CN¥5.14 Billion ≈ $752.49 Million 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 600279 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.78 Billion |
| % of Total Assets | 63.06% |
| Annual Growth Rate | 17.22% |
| 5-Year Change | 28.82% |
| 10-Year Change | 105.22% |
| Growth Volatility | 60.45 |
Chongqing Gangjiu Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Chongqing Gangjiu Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600279 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chongqing Gangjiu Co Ltd (1997–2025)
The table below shows the annual net assets of Chongqing Gangjiu Co Ltd from 1997 to 2025. For live valuation and market cap data, see Chongqing Gangjiu Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥8.78 Billion ≈ $1.28 Billion |
-0.15% |
| 2024-12-31 | CN¥8.79 Billion ≈ $1.29 Billion |
+11.65% |
| 2023-12-31 | CN¥7.87 Billion ≈ $1.15 Billion |
+11.74% |
| 2022-12-31 | CN¥7.05 Billion ≈ $1.03 Billion |
+3.42% |
| 2021-12-31 | CN¥6.81 Billion ≈ $996.88 Million |
+0.08% |
| 2020-12-31 | CN¥6.81 Billion ≈ $996.12 Million |
+2.18% |
| 2019-12-31 | CN¥6.66 Billion ≈ $974.89 Million |
+40.87% |
| 2018-12-31 | CN¥4.73 Billion ≈ $692.07 Million |
-0.63% |
| 2017-12-31 | CN¥4.76 Billion ≈ $696.46 Million |
+11.30% |
| 2016-12-31 | CN¥4.28 Billion ≈ $625.76 Million |
+1.53% |
| 2015-12-31 | CN¥4.21 Billion ≈ $616.34 Million |
-1.48% |
| 2014-12-31 | CN¥4.28 Billion ≈ $625.58 Million |
+62.22% |
| 2013-12-31 | CN¥2.64 Billion ≈ $385.63 Million |
+3.58% |
| 2012-12-31 | CN¥2.54 Billion ≈ $372.30 Million |
+49.59% |
| 2011-12-31 | CN¥1.70 Billion ≈ $248.89 Million |
+4.78% |
| 2010-12-31 | CN¥1.62 Billion ≈ $237.53 Million |
+53.36% |
| 2009-12-31 | CN¥1.06 Billion ≈ $154.88 Million |
+3.26% |
| 2008-12-31 | CN¥1.03 Billion ≈ $149.99 Million |
+8.92% |
| 2007-12-31 | CN¥941.07 Million ≈ $137.71 Million |
+13.64% |
| 2006-12-31 | CN¥828.13 Million ≈ $121.18 Million |
+8.74% |
| 2005-12-31 | CN¥761.54 Million ≈ $111.44 Million |
-0.66% |
| 2004-12-31 | CN¥766.60 Million ≈ $112.18 Million |
+2.82% |
| 2003-12-31 | CN¥745.54 Million ≈ $109.10 Million |
+3.74% |
| 2002-12-31 | CN¥718.66 Million ≈ $105.16 Million |
+1.52% |
| 2001-12-31 | CN¥707.92 Million ≈ $103.59 Million |
-0.20% |
| 2000-12-31 | CN¥709.33 Million ≈ $103.80 Million |
+321.11% |
| 1999-12-31 | CN¥168.44 Million ≈ $24.65 Million |
+63.78% |
| 1998-12-31 | CN¥102.85 Million ≈ $15.05 Million |
+0.12% |
| 1997-12-31 | CN¥102.73 Million ≈ $15.03 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 206251754691.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.06 Billion | 30.59% |
| Other Components | CN¥4.68 Billion | 69.41% |
| Total Equity | CN¥6.74 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 |
|---|---|
|
Steel Partners Holdings LP
NYSE:SPLP
|
$689.61 Million |
|
LOGAN GROUP HD -10
F:5LP
|
$690.01 Million |
|
GMR Solutions Inc.
NYSE:GMRS
|
$690.27 Million |
|
Citychamp Dartong Co Ltd
SHG:600067
|
$690.36 Million |
|
RaySearch Laboratories AB (publ)
ST:RAY-B
|
$689.42 Million |
|
YIT Oyj
HE:YIT
|
$689.17 Million |
|
CK Power Public Company Limited
BK:CKP-R
|
$689.15 Million |
|
Troax Group AB
ST:TROAX
|
$689.11 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 2024 to 2025, total equity changed from 6,734,610,979 to 6,737,717,740, a change of 3,106,761 (0.0%).
- Net income of 48,795,210 contributed positively to equity growth.
- Dividend payments of 145,781,937 reduced retained earnings.
- Other comprehensive income decreased equity by 429,508,586.
- Other factors increased equity by 529,602,074.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥48.80 Million | +0.72% |
| Dividends Paid | CN¥145.78 Million | -2.16% |
| Other Comprehensive Income | CN¥-429.51 Million | -6.37% |
| Other Changes | CN¥529.60 Million | +7.86% |
| Total Change | CN¥- | 0.05% |
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: 0.70x
- 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 13.15x to 0.70x 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¥3.97 | x |
| 1998-12-31 | CN¥0.30 | CN¥3.97 | x |
| 1999-12-31 | CN¥0.50 | CN¥3.97 | x |
| 2000-12-31 | CN¥2.08 | CN¥3.97 | x |
| 2001-12-31 | CN¥2.08 | CN¥3.97 | x |
| 2002-12-31 | CN¥2.11 | CN¥3.97 | x |
| 2003-12-31 | CN¥2.19 | CN¥3.97 | x |
| 2004-12-31 | CN¥2.23 | CN¥3.97 | x |
| 2005-12-31 | CN¥2.22 | CN¥3.97 | x |
| 2006-12-31 | CN¥2.17 | CN¥3.97 | x |
| 2007-12-31 | CN¥2.33 | CN¥3.97 | x |
| 2008-12-31 | CN¥2.34 | CN¥3.97 | x |
| 2009-12-31 | CN¥2.39 | CN¥3.97 | x |
| 2010-12-31 | CN¥3.16 | CN¥3.97 | x |
| 2011-12-31 | CN¥3.35 | CN¥3.97 | x |
| 2012-12-31 | CN¥3.97 | CN¥3.97 | x |
| 2013-12-31 | CN¥3.96 | CN¥3.97 | x |
| 2014-12-31 | CN¥4.77 | CN¥3.97 | x |
| 2015-12-31 | CN¥4.53 | CN¥3.97 | x |
| 2016-12-31 | CN¥4.71 | CN¥3.97 | x |
| 2017-12-31 | CN¥5.30 | CN¥3.97 | x |
| 2018-12-31 | CN¥4.74 | CN¥3.97 | x |
| 2019-12-31 | CN¥6.82 | CN¥3.97 | x |
| 2020-12-31 | CN¥4.37 | CN¥3.97 | x |
| 2021-12-31 | CN¥4.95 | CN¥3.97 | x |
| 2022-12-31 | CN¥4.78 | CN¥3.97 | x |
| 2023-12-31 | CN¥5.28 | CN¥3.97 | x |
| 2024-12-31 | CN¥5.73 | CN¥3.97 | x |
| 2025-12-31 | CN¥5.68 | CN¥3.97 | 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): 0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.09%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.08x
- Recent ROE (0.72%) is below the historical average (5.97%), suggesting potential challenges in 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 | 2.55% | 3.73% | 0.29x | 2.36x | CN¥-241.97 Million |
| 2017 | 13.22% | 7.65% | 0.74x | 2.33x | CN¥117.67 Million |
| 2018 | 4.22% | 2.33% | 0.81x | 2.24x | CN¥-209.02 Million |
| 2019 | 2.93% | 3.33% | 0.39x | 2.27x | CN¥-383.93 Million |
| 2020 | 1.60% | 1.74% | 0.40x | 2.27x | CN¥-463.91 Million |
| 2021 | 1.21% | 1.23% | 0.44x | 2.22x | CN¥-488.37 Million |
| 2022 | 2.51% | 2.87% | 0.39x | 2.26x | CN¥-425.11 Million |
| 2023 | 10.22% | 12.88% | 0.37x | 2.14x | CN¥13.85 Million |
| 2024 | 7.85% | 12.09% | 0.31x | 2.08x | CN¥-144.47 Million |
| 2025 | 0.72% | 1.09% | 0.32x | 2.08x | CN¥-624.98 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: $14,869,905,731
- Average return on equity (ROE) among peers: 8.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Gangjiu Co Ltd (600279) | CN¥8.78 Billion | 22.15% | 0.59x | $689.49 Million |
| Shenzhen Yan Tian Port Holdings Co Ltd (000088) | $10.85 Billion | 4.35% | 0.51x | $3.27 Billion |
| Zhuhai Port Co Ltd (000507) | $1.15 Billion | 12.24% | 1.26x | $639.28 Million |
| Chang Jiang Shipping Group Phoenix Co Ltd (000520) | $103.67 Million | 26.54% | 0.09x | $650.16 Million |
| Beibuwan Port Co Ltd (000582) | $434.40 Million | -10.35% | 0.66x | $4.23 Billion |
| Xiamen Port Development Co Ltd (000905) | $1.02 Billion | 3.73% | 1.77x | $1.93 Billion |
| Nanjing Shenghang Shipping Co Ltd (001205) | $96.85 Million | 23.13% | 2.01x | $388.45 Million |
| China Merchants Port Group Co Ltd (001872) | $131.30 Billion | 3.51% | 0.56x | $6.55 Billion |
| Nanjing Port Co Ltd (002040) | $659.56 Million | 3.10% | 0.60x | $596.21 Million |
| Hainan Strait Shipping Co Ltd (002320) | $1.89 Billion | 7.01% | 0.04x | $2.21 Billion |
| Guangdong Great River Smarter Logistics Co Ltd Class A (002930) | $1.19 Billion | 7.77% | 0.57x | $623.26 Million |
About Chongqing Gangjiu Co Ltd
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