Eastern Air Logistics Co Ltd (601156) - Net Assets
Based on the latest financial reports, Eastern Air Logistics Co Ltd (601156) has net assets worth CN¥21.20 Billion CNY (≈ $3.10 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥31.35 Billion ≈ $4.59 Billion USD) and total liabilities (CN¥10.15 Billion ≈ $1.49 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 Eastern Air Logistics Co Ltd (601156) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥21.20 Billion |
| % of Total Assets | 67.62% |
| Annual Growth Rate | 50.47% |
| 5-Year Change | 240.41% |
| 10-Year Change | N/A |
| Growth Volatility | 65.25 |
Eastern Air Logistics Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Eastern Air Logistics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Eastern Air Logistics Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Eastern Air Logistics Co Ltd (2016–2024)
The table below shows the annual net assets of Eastern Air Logistics Co Ltd from 2016 to 2024. For live valuation and market cap data, see Eastern Air Logistics Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥19.39 Billion ≈ $2.84 Billion |
+14.17% |
| 2023-12-31 | CN¥16.98 Billion ≈ $2.48 Billion |
+15.62% |
| 2022-12-31 | CN¥14.69 Billion ≈ $2.15 Billion |
+23.96% |
| 2021-12-31 | CN¥11.85 Billion ≈ $1.73 Billion |
+108.02% |
| 2020-12-31 | CN¥5.69 Billion ≈ $833.33 Million |
+63.08% |
| 2019-12-31 | CN¥3.49 Billion ≈ $510.99 Million |
+14.22% |
| 2018-12-31 | CN¥3.06 Billion ≈ $447.39 Million |
+32.23% |
| 2017-12-31 | CN¥2.31 Billion ≈ $338.33 Million |
+213.35% |
| 2016-12-31 | CN¥737.87 Million ≈ $107.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Eastern Air Logistics 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 1222217791436.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥11.72 Billion | 66.91% |
| Common Stock | CN¥1.59 Billion | 9.07% |
| Other Components | CN¥4.21 Billion | 24.02% |
| Total Equity | CN¥17.51 Billion | 100.00% |
Eastern Air Logistics Co Ltd Competitors by Market Cap
The table below lists competitors of Eastern Air Logistics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fielmann Aktiengesellschaft
XETRA:FIE
|
$3.72 Billion |
|
Cavco Industries Inc
NASDAQ:CVCO
|
$3.72 Billion |
|
Guangxi Guitang Group Co Ltd
SHE:000833
|
$3.72 Billion |
|
Societatea Nationala de Transport Gaze Naturale Transgaz SA
RO:TGN
|
$3.73 Billion |
|
Nine Dragons Paper (Holdings) Limited
F:N3Y
|
$3.72 Billion |
|
Shanghai V-Test Semiconductor Tech Co. Ltd. A
SHG:688372
|
$3.72 Billion |
|
Broadstone Net Lease Inc
NYSE:BNL
|
$3.72 Billion |
|
Xiangcai Co Ltd
SHG:600095
|
$3.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastern Air Logistics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,453,105,869 to 17,510,787,770, a change of 2,057,681,901 (13.3%).
- Net income of 2,687,542,856 contributed positively to equity growth.
- Dividend payments of 617,559,111 reduced retained earnings.
- Other comprehensive income decreased equity by 474,513,023.
- Other factors increased equity by 462,211,179.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.69 Billion | +15.35% |
| Dividends Paid | CN¥617.56 Million | -3.53% |
| Other Comprehensive Income | CN¥-474.51 Million | -2.71% |
| Other Changes | CN¥462.21 Million | +2.64% |
| Total Change | CN¥- | 13.32% |
Book Value vs Market Value Analysis
This analysis compares Eastern Air Logistics 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: 1.45x
- 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 22.45x to 1.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥0.71 | CN¥16.00 | x |
| 2017-12-31 | CN¥1.87 | CN¥16.00 | x |
| 2018-12-31 | CN¥2.07 | CN¥16.00 | x |
| 2019-12-31 | CN¥2.12 | CN¥16.00 | x |
| 2020-12-31 | CN¥3.12 | CN¥16.00 | x |
| 2021-12-31 | CN¥6.92 | CN¥16.00 | x |
| 2022-12-31 | CN¥8.52 | CN¥16.00 | x |
| 2023-12-31 | CN¥9.75 | CN¥16.00 | x |
| 2024-12-31 | CN¥11.03 | CN¥16.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastern Air Logistics 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): 15.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.17%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.50x
- Recent ROE (15.35%) is below the historical average (29.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 40.69% | 5.65% | 1.12x | 6.45x | CN¥248.65 Million |
| 2017 | 29.89% | 8.94% | 1.30x | 2.56x | CN¥456.11 Million |
| 2018 | 33.82% | 9.20% | 1.88x | 1.96x | CN¥705.23 Million |
| 2019 | 23.35% | 6.97% | 1.76x | 1.91x | CN¥450.42 Million |
| 2020 | 47.82% | 15.68% | 1.66x | 1.84x | CN¥1.87 Billion |
| 2021 | 33.03% | 16.32% | 1.23x | 1.64x | CN¥2.53 Billion |
| 2022 | 26.89% | 15.50% | 0.90x | 1.93x | CN¥2.28 Billion |
| 2023 | 16.10% | 12.07% | 0.72x | 1.86x | CN¥943.01 Million |
| 2024 | 15.35% | 11.17% | 0.92x | 1.50x | CN¥936.46 Million |
Industry Comparison
This section compares Eastern Air Logistics Co Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $2,438,015,785
- Average return on equity (ROE) among peers: 21.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastern Air Logistics Co Ltd (601156) | CN¥21.20 Billion | 40.69% | 0.48x | $3.72 Billion |
| Citic Offshore Helicopter Co Ltd (000099) | $2.46 Billion | 7.82% | 0.56x | $2.01 Billion |
| Guangdong Jushen Logistics Co Ltd (001202) | $33.84 Million | 6.06% | 0.65x | $413.93 Million |
| YUNDA Holding Co Ltd (002120) | $17.08 Billion | 8.68% | 1.23x | $3.33 Billion |
| S.F. Holding Co. Ltd (002352) | $708.00 Million | 155.57% | 0.25x | $26.05 Billion |
| STO Express Co Ltd (002468) | $761.03 Million | 1.41% | 0.70x | $3.66 Billion |
| Hubeiyichang Transportation Group Co Ltd (002627) | $1.07 Billion | 5.94% | 0.85x | $794.18 Million |
| Shenzhen Prolto Supply Chain Management Co Ltd (002769) | $1.10 Billion | -7.66% | 7.10x | $539.73 Million |
| Xinjiang Tianshun Supply Chain Co Ltd (002800) | $535.51 Million | -8.10% | 0.56x | $393.23 Million |
| Shenzhen Easttop Supply Chain Management Co Ltd (002889) | $278.97 Million | 42.39% | 39.04x | $725.62 Million |
| Jiangsu Xinning Modern Logist (300013) | $352.31 Million | 2.65% | 0.35x | $338.26 Million |
About Eastern Air Logistics Co Ltd
Eastern Air Logistics Co., Ltd. provides air express, comprehensive ground, and multimodal transport services. The company provides air cargo logistics services covering international and domestic airline networks, including cargo aircraft transportation and passenger aircraft bellyhold transportation; ground services, such as assembly, sorting, transfer, and warehousing of flight import and expo… Read more