CSSC Offshore & Marine Engineering Group Co Ltd (600685) - Net Assets

Latest as of March 2026: CN¥21.77 Billion CNY ≈ $3.19 Billion USD

Based on the latest financial reports, CSSC Offshore & Marine Engineering Group Co Ltd (600685) has net assets worth CN¥21.77 Billion CNY (≈ $3.19 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¥55.68 Billion ≈ $8.15 Billion USD) and total liabilities (CN¥33.91 Billion ≈ $4.96 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 CSSC Offshore & Marine Engineering Group tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥21.77 Billion
% of Total Assets 39.1%
Annual Growth Rate 9.46%
5-Year Change 16.17%
10-Year Change 108.35%
Growth Volatility 34.09

CSSC Offshore & Marine Engineering Group Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how CSSC Offshore & Marine Engineering Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of CSSC Offshore & Marine Engineering Group to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for CSSC Offshore & Marine Engineering Group Co Ltd (1993–2025)

The table below shows the annual net assets of CSSC Offshore & Marine Engineering Group Co Ltd from 1993 to 2025. For live valuation and market cap data, see 600685 stock market capitalisation.

Year Net Assets Change
2025-12-31 CN¥21.69 Billion
≈ $3.17 Billion		 +2.46%
2024-12-31 CN¥21.17 Billion
≈ $3.10 Billion		 +7.97%
2023-12-31 CN¥19.61 Billion
≈ $2.87 Billion		 +4.57%
2022-12-31 CN¥18.75 Billion
≈ $2.74 Billion		 +0.43%
2021-12-31 CN¥18.67 Billion
≈ $2.73 Billion		 +6.38%
2020-12-31 CN¥17.55 Billion
≈ $2.57 Billion		 +12.89%
2019-12-31 CN¥15.55 Billion
≈ $2.28 Billion		 +8.30%
2018-12-31 CN¥14.36 Billion
≈ $2.10 Billion		 +20.18%
2017-12-31 CN¥11.95 Billion
≈ $1.75 Billion		 +14.75%
2016-12-31 CN¥10.41 Billion
≈ $1.52 Billion		 +0.41%
2015-12-31 CN¥10.37 Billion
≈ $1.52 Billion		 +82.80%
2014-12-31 CN¥5.67 Billion
≈ $830.01 Million		 +44.84%
2013-12-31 CN¥3.92 Billion
≈ $573.05 Million		 -7.78%
2012-12-31 CN¥4.25 Billion
≈ $621.41 Million		 +1.09%
2011-12-31 CN¥4.20 Billion
≈ $614.71 Million		 +11.90%
2010-12-31 CN¥3.75 Billion
≈ $549.32 Million		 +15.26%
2009-12-31 CN¥3.26 Billion
≈ $476.60 Million		 +14.57%
2008-12-31 CN¥2.84 Billion
≈ $416.00 Million		 +12.48%
2007-12-31 CN¥2.53 Billion
≈ $369.83 Million		 +117.63%
2006-12-31 CN¥1.16 Billion
≈ $169.94 Million		 +35.32%
2005-12-31 CN¥858.18 Million
≈ $125.58 Million		 +12.55%
2004-12-31 CN¥762.47 Million
≈ $111.57 Million		 +3.55%
2003-12-31 CN¥736.32 Million
≈ $107.75 Million		 +6.05%
2002-12-31 CN¥694.33 Million
≈ $101.60 Million		 +2.13%
2001-12-31 CN¥679.82 Million
≈ $99.48 Million		 -0.87%
2000-12-31 CN¥685.79 Million
≈ $100.35 Million		 -51.33%
1999-12-31 CN¥1.41 Billion
≈ $206.20 Million		 +0.46%
1998-12-31 CN¥1.40 Billion
≈ $205.27 Million		 +1.67%
1997-12-31 CN¥1.38 Billion
≈ $201.89 Million		 +0.91%
1996-12-31 CN¥1.37 Billion
≈ $200.07 Million		 +0.70%
1995-12-31 CN¥1.36 Billion
≈ $198.69 Million		 --
1994-12-31 CN¥0.00
≈ $0.00		 --
1993-12-31 CN¥1.20 Billion
≈ $175.96 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to CSSC Offshore & Marine Engineering 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 10239.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥3.30 Billion 18.07%
Other Components CN¥14.94 Billion 81.93%
Total Equity CN¥18.23 Billion 100.00%

CSSC Offshore & Marine Engineering Group Co Ltd Competitors by Market Cap

The table below lists competitors of CSSC Offshore & Marine Engineering Group Co Ltd ranked by their market capitalization.

Company Market Cap
Fluence Energy Inc
NASDAQ:FLNC
 $3.21 Billion
ITEQ Corp
TW:6213
 $3.21 Billion
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
 $3.21 Billion
Breville Group Ltd
AU:BRG
 $3.21 Billion
YETI Holdings Inc
NYSE:YETI
 $3.21 Billion
Dolby Laboratories
NYSE:DLB
 $3.20 Billion
Norte Grande
SN:NORTEGRAN
 $3.20 Billion
Beijing Capital Co Ltd
SHG:600008
 $3.20 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CSSC Offshore & Marine Engineering Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 17,824,706,000 to 18,234,508,367, a change of 409,802,367 (2.3%).
  • Net income of 1,008,263,000 contributed positively to equity growth.
  • Dividend payments of 317,469,788 reduced retained earnings.
  • Other comprehensive income decreased equity by 4,511,598,000.
  • Other factors increased equity by 4,230,607,155.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥1.01 Billion +5.53%
Dividends Paid CN¥317.47 Million -1.74%
Other Comprehensive Income CN¥-4.51 Billion -24.74%
Other Changes CN¥4.23 Billion +23.2%
Total Change CN¥- 2.30%

Book Value vs Market Value Analysis

This analysis compares CSSC Offshore & Marine Engineering 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: 2.07x
  • 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 14.31x to 2.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥1.86 CN¥26.67 x
1994-12-31 CN¥1.97 CN¥26.67 x
1995-12-31 CN¥2.04 CN¥26.67 x
1996-12-31 CN¥2.06 CN¥26.67 x
1997-12-31 CN¥2.08 CN¥26.67 x
1998-12-31 CN¥2.10 CN¥26.67 x
1999-12-31 CN¥2.10 CN¥26.67 x
2000-12-31 CN¥0.98 CN¥26.67 x
2001-12-31 CN¥0.96 CN¥26.67 x
2002-12-31 CN¥0.98 CN¥26.67 x
2003-12-31 CN¥1.05 CN¥26.67 x
2004-12-31 CN¥1.10 CN¥26.67 x
2005-12-31 CN¥1.26 CN¥26.67 x
2006-12-31 CN¥1.71 CN¥26.67 x
2007-12-31 CN¥3.81 CN¥26.67 x
2008-12-31 CN¥4.28 CN¥26.67 x
2009-12-31 CN¥4.92 CN¥26.67 x
2010-12-31 CN¥5.69 CN¥26.67 x
2011-12-31 CN¥6.42 CN¥26.67 x
2012-12-31 CN¥6.46 CN¥26.67 x
2013-12-31 CN¥3.79 CN¥26.67 x
2014-12-31 CN¥4.32 CN¥26.67 x
2015-12-31 CN¥7.44 CN¥26.67 x
2016-12-31 CN¥7.32 CN¥26.67 x
2017-12-31 CN¥7.36 CN¥26.67 x
2018-12-31 CN¥6.88 CN¥26.67 x
2019-12-31 CN¥7.18 CN¥26.67 x
2020-12-31 CN¥10.21 CN¥26.67 x
2021-12-31 CN¥10.98 CN¥26.67 x
2022-12-31 CN¥11.03 CN¥26.67 x
2023-12-31 CN¥11.61 CN¥26.67 x
2024-12-31 CN¥12.61 CN¥26.67 x
2025-12-31 CN¥12.90 CN¥26.67 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CSSC Offshore & Marine Engineering 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): 5.53%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.91%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 3.07x
  • Recent ROE (5.53%) is above the historical average (3.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 9.27% 14.35% 0.39x 1.66x CN¥-8.73 Million
1994 12.40% 10.17% 0.60x 2.03x CN¥30.50 Million
1995 9.65% 6.93% 0.60x 2.30x CN¥-4.67 Million
1996 2.51% 1.62% 0.76x 2.06x CN¥-99.25 Million
1997 3.02% 2.41% 0.53x 2.37x CN¥-93.58 Million
1998 1.41% 1.02% 0.56x 2.49x CN¥-116.01 Million
1999 0.08% 0.05% 0.66x 2.56x CN¥-134.09 Million
2000 -117.64% -33.29% 0.92x 3.85x CN¥-802.65 Million
2001 1.45% 0.43% 0.83x 4.06x CN¥-52.79 Million
2002 2.51% 0.66% 0.76x 5.04x CN¥-47.44 Million
2003 6.36% 1.52% 1.13x 3.71x CN¥-24.61 Million
2004 4.74% 1.42% 1.07x 3.12x CN¥-37.35 Million
2005 12.15% 3.60% 1.07x 3.15x CN¥17.35 Million
2006 24.32% 8.05% 0.44x 6.80x CN¥157.55 Million
2007 38.37% 15.93% 0.54x 4.50x CN¥695.51 Million
2008 29.86% 11.75% 0.68x 3.73x CN¥545.66 Million
2009 16.25% 7.86% 0.67x 3.09x CN¥198.08 Million
2010 19.32% 10.09% 0.58x 3.32x CN¥341.43 Million
2011 12.62% 6.25% 0.70x 2.89x CN¥107.57 Million
2012 0.25% 0.16% 0.59x 2.62x CN¥-404.18 Million
2013 -5.60% -3.74% 0.46x 3.23x CN¥-608.93 Million
2014 7.53% 2.01% 0.89x 4.20x CN¥-139.23 Million
2015 0.95% 0.39% 0.52x 4.75x CN¥-933.48 Million
2016 0.69% 0.31% 0.50x 4.47x CN¥-963.56 Million
2017 -0.48% -0.22% 0.52x 4.24x CN¥-1.09 Billion
2018 -19.21% -9.73% 0.40x 4.88x CN¥-2.84 Billion
2019 5.40% 2.51% 0.42x 5.15x CN¥-466.51 Million
2020 25.38% 31.55% 0.30x 2.70x CN¥2.22 Billion
2021 0.51% 0.68% 0.26x 2.85x CN¥-1.47 Billion
2022 4.42% 5.38% 0.28x 2.98x CN¥-870.34 Million
2023 0.29% 0.30% 0.32x 3.10x CN¥-1.59 Billion
2024 2.12% 1.94% 0.36x 3.01x CN¥-1.41 Billion
2025 5.53% 4.91% 0.37x 3.07x CN¥-815.19 Million

Industry Comparison

This section compares CSSC Offshore & Marine Engineering Group Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $3,082,178,698
  • Average return on equity (ROE) among peers: 4.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CSSC Offshore & Marine Engineering Group Co Ltd (600685) CN¥21.77 Billion 9.27% 1.56x $3.21 Billion
Shaanxi Ligeance Mineral Resources Co Ltd (000697) $326.17 Million -22.61% 1.26x $2.35 Billion
Aecc Aero Engine Control Co Ltd (000738) $4.68 Billion 3.95% 0.39x $3.62 Billion
AVIC Aircraft Co Ltd (000768) $12.20 Billion 2.06% 1.41x $8.38 Billion
Sichuan Haite High-tech Co Ltd (002023) $498.84 Million 7.56% 0.15x $1.37 Billion
Aerospace CH UAV Co Ltd (002389) $749.79 Million 7.78% 0.09x $2.68 Billion
Kuang Chi Technologies Co Ltd (002625) $8.14 Billion 3.33% 0.10x $10.77 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.48 Billion 0.96% 0.66x $501.94 Million
Chengdu Tianjian Technology Co Ltd (002977) $924.11 Million 8.91% 0.22x $430.82 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $1.13 Billion 18.87% 0.17x $1.48 Billion
Shaanxi Zhongtian Rocket Technology  (003009) $698.57 Million 14.16% 0.92x $1.37 Billion

About CSSC Offshore & Marine Engineering Group Co Ltd

SHG:600685 China Aerospace & Defense
Market Cap
$3.21 Billion
CN¥21.91 Billion CNY
Market Cap Rank
#4829 Global
#878 in China
Share Price
CN¥26.67
Change (1 day)
-1.77%
52-Week Range
CN¥25.05 - CN¥37.46
All Time High
CN¥42.67
Categories
Companies in China Aerospace & Defense
About

CSSC Offshore & Marine Engineering (Group) Company Limited manufactures and sells marine and defense equipment in the People's Republic of China, other regions in Asia, Europe, Oceania, North America, South America, and Africa. It operates through Defense Industry, Shipbuilding and Marine Industry, and Emerging Industries segments. The company provides defense equipment products, such as military… Read more