Tangshan Port Group Co Ltd (601000) - Net Assets
Based on the latest financial reports, Tangshan Port Group Co Ltd (601000) has net assets worth CN¥23.69 Billion CNY (≈ $3.47 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¥25.85 Billion ≈ $3.78 Billion USD) and total liabilities (CN¥2.15 Billion ≈ $315.07 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 Tangshan Port Group Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥23.69 Billion |
| % of Total Assets | 91.67% |
| Annual Growth Rate | 17.12% |
| 5-Year Change | 20.22% |
| 10-Year Change | 60.21% |
| Growth Volatility | 21.08 |
Tangshan Port Group Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Tangshan Port Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Tangshan Port Group Co Ltd (601000) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tangshan Port Group Co Ltd (2007–2025)
The table below shows the annual net assets of Tangshan Port Group Co Ltd from 2007 to 2025. For live valuation and market cap data, see 601000 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥23.81 Billion ≈ $3.48 Billion |
+6.59% |
| 2024-12-31 | CN¥22.34 Billion ≈ $3.27 Billion |
+4.19% |
| 2023-12-31 | CN¥21.44 Billion ≈ $3.14 Billion |
+4.40% |
| 2022-12-31 | CN¥20.54 Billion ≈ $3.01 Billion |
+3.69% |
| 2021-12-31 | CN¥19.81 Billion ≈ $2.90 Billion |
+0.81% |
| 2020-12-31 | CN¥19.65 Billion ≈ $2.87 Billion |
+6.93% |
| 2019-12-31 | CN¥18.37 Billion ≈ $2.69 Billion |
+7.83% |
| 2018-12-31 | CN¥17.04 Billion ≈ $2.49 Billion |
+7.28% |
| 2017-12-31 | CN¥15.88 Billion ≈ $2.32 Billion |
+6.87% |
| 2016-12-31 | CN¥14.86 Billion ≈ $2.17 Billion |
+30.63% |
| 2015-12-31 | CN¥11.38 Billion ≈ $1.66 Billion |
+45.38% |
| 2014-12-31 | CN¥7.83 Billion ≈ $1.15 Billion |
+11.18% |
| 2013-12-31 | CN¥7.04 Billion ≈ $1.03 Billion |
+15.85% |
| 2012-12-31 | CN¥6.08 Billion ≈ $889.07 Million |
+12.11% |
| 2011-12-31 | CN¥5.42 Billion ≈ $793.07 Million |
+44.59% |
| 2010-12-31 | CN¥3.75 Billion ≈ $548.49 Million |
+86.92% |
| 2009-12-31 | CN¥2.01 Billion ≈ $293.43 Million |
+14.42% |
| 2008-12-31 | CN¥1.75 Billion ≈ $256.44 Million |
+26.56% |
| 2007-12-31 | CN¥1.38 Billion ≈ $202.62 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tangshan 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 2211.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.58 Billion | 44.59% |
| Common Stock | CN¥5.93 Billion | 27.58% |
| Other Comprehensive Income | CN¥2.41 Billion | 11.23% |
| Other Components | CN¥3.57 Billion | 16.60% |
| Total Equity | CN¥21.48 Billion | 100.00% |
Tangshan Port Group Co Ltd Competitors by Market Cap
The table below lists competitors of Tangshan Port Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
$3.62 Billion |
|
Brighthouse Financial Inc
NASDAQ:BHF
|
$3.62 Billion |
|
Qingdao Hanhe Cable Co Ltd
SHE:002498
|
$3.62 Billion |
|
Miniso Group Holding Ltd
NYSE:MNSO
|
$3.62 Billion |
|
PPB Group Bhd
KLSE:4065
|
$3.61 Billion |
|
ASSECO POLAND GDR/1 ZY 1
F:SFBG
|
$3.61 Billion |
|
General de Galerias Comerciales SOCIMI S.A.
MC:GGC
|
$3.61 Billion |
|
Hamilton Lane Inc
NASDAQ:HLNE
|
$3.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tangshan Port Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,767,717,454 to 21,484,450,784, a change of 716,733,330 (3.5%).
- Net income of 1,998,358,912 contributed positively to equity growth.
- Dividend payments of 1,185,185,722 reduced retained earnings.
- Other comprehensive income increased equity by 68,200,432.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.00 Billion | +9.3% |
| Dividends Paid | CN¥1.19 Billion | -5.52% |
| Other Comprehensive Income | CN¥68.20 Million | +0.32% |
| Other Changes | CN¥-164.64 Million | -0.77% |
| Total Change | CN¥- | 3.45% |
Book Value vs Market Value Analysis
This analysis compares Tangshan 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: 1.15x
- 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 9.17x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.45 | CN¥4.17 | x |
| 2008-12-31 | CN¥0.48 | CN¥4.17 | x |
| 2009-12-31 | CN¥0.52 | CN¥4.17 | x |
| 2010-12-31 | CN¥0.92 | CN¥4.17 | x |
| 2011-12-31 | CN¥1.07 | CN¥4.17 | x |
| 2012-12-31 | CN¥1.10 | CN¥4.17 | x |
| 2013-12-31 | CN¥1.27 | CN¥4.17 | x |
| 2014-12-31 | CN¥1.47 | CN¥4.17 | x |
| 2015-12-31 | CN¥1.91 | CN¥4.17 | x |
| 2016-12-31 | CN¥2.54 | CN¥4.17 | x |
| 2017-12-31 | CN¥2.48 | CN¥4.17 | x |
| 2018-12-31 | CN¥2.64 | CN¥4.17 | x |
| 2019-12-31 | CN¥2.89 | CN¥4.17 | x |
| 2020-12-31 | CN¥3.11 | CN¥4.17 | x |
| 2021-12-31 | CN¥3.13 | CN¥4.17 | x |
| 2022-12-31 | CN¥3.24 | CN¥4.17 | x |
| 2023-12-31 | CN¥3.37 | CN¥4.17 | x |
| 2024-12-31 | CN¥3.50 | CN¥4.17 | x |
| 2025-12-31 | CN¥3.63 | CN¥4.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tangshan 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): 9.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.25%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.19x
- Recent ROE (9.30%) is below the historical average (11.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 11.49% | 15.99% | 0.32x | 2.24x | CN¥17.02 Million |
| 2008 | 10.49% | 11.75% | 0.32x | 2.77x | CN¥7.33 Million |
| 2009 | 14.47% | 13.53% | 0.42x | 2.54x | CN¥78.18 Million |
| 2010 | 9.86% | 13.45% | 0.49x | 1.49x | CN¥-5.05 Million |
| 2011 | 9.99% | 15.39% | 0.28x | 2.28x | CN¥-652.73K |
| 2012 | 12.44% | 16.34% | 0.36x | 2.14x | CN¥126.72 Million |
| 2013 | 14.80% | 19.51% | 0.35x | 2.14x | CN¥287.85 Million |
| 2014 | 15.70% | 21.24% | 0.34x | 2.20x | CN¥395.48 Million |
| 2015 | 11.54% | 23.26% | 0.31x | 1.60x | CN¥160.16 Million |
| 2016 | 9.70% | 20.14% | 0.32x | 1.50x | CN¥-41.29 Million |
| 2017 | 10.08% | 19.22% | 0.34x | 1.52x | CN¥11.19 Million |
| 2018 | 10.22% | 15.88% | 0.44x | 1.48x | CN¥34.38 Million |
| 2019 | 10.38% | 15.86% | 0.45x | 1.44x | CN¥64.76 Million |
| 2020 | 9.99% | 23.51% | 0.32x | 1.33x | CN¥-1.32 Million |
| 2021 | 11.26% | 34.38% | 0.26x | 1.28x | CN¥234.05 Million |
| 2022 | 8.81% | 30.07% | 0.24x | 1.22x | CN¥-227.68 Million |
| 2023 | 9.64% | 32.94% | 0.25x | 1.19x | CN¥-72.63 Million |
| 2024 | 9.53% | 34.57% | 0.23x | 1.19x | CN¥-97.99 Million |
| 2025 | 9.30% | 35.25% | 0.22x | 1.19x | CN¥-150.09 Million |
Industry Comparison
This section compares Tangshan 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: $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 |
|---|---|---|---|---|
| Tangshan Port Group Co Ltd (601000) | CN¥23.69 Billion | 11.49% | 0.09x | $3.62 Billion |
| 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 Tangshan Port Group Co Ltd
TangShan Port Group Co.,Ltd, together with its subsidiaries, provides transportation and warehousing services in China. The company offers port loading and unloading storage, transportation logistics, bonded warehousing, port comprehensive services, and other related business types. It also provides bulk cargo transportation for ore, coal, steel, sand, gravel, and water slag. In addition, the com… Read more