Qingdao Port International Co Ltd (601298) - Net Assets
Based on the latest financial reports, Qingdao Port International Co Ltd (601298) has net assets worth CN¥50.58 Billion CNY (≈ $7.40 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥66.72 Billion ≈ $9.76 Billion USD) and total liabilities (CN¥16.14 Billion ≈ $2.36 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 601298 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥50.58 Billion |
| % of Total Assets | 75.81% |
| Annual Growth Rate | 6.37% |
| 5-Year Change | 30.41% |
| 10-Year Change | 226.68% |
| Growth Volatility | 26.73 |
Qingdao Port International Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Qingdao Port International Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Qingdao Port International Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Qingdao Port International Co Ltd (2012–2025)
The table below shows the annual net assets of Qingdao Port International Co Ltd from 2012 to 2025. For live valuation and market cap data, see Qingdao Port International Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥50.58 Billion ≈ $7.40 Billion |
+8.09% |
| 2024-12-31 | CN¥46.79 Billion ≈ $6.85 Billion |
+5.06% |
| 2023-12-31 | CN¥44.54 Billion ≈ $6.52 Billion |
+7.90% |
| 2022-12-31 | CN¥41.28 Billion ≈ $6.04 Billion |
+6.43% |
| 2021-12-31 | CN¥38.78 Billion ≈ $5.68 Billion |
+5.56% |
| 2020-12-31 | CN¥36.74 Billion ≈ $5.38 Billion |
+9.36% |
| 2019-12-31 | CN¥33.60 Billion ≈ $4.92 Billion |
+14.20% |
| 2018-12-31 | CN¥29.42 Billion ≈ $4.31 Billion |
+17.38% |
| 2017-12-31 | CN¥25.06 Billion ≈ $3.67 Billion |
+61.88% |
| 2016-12-31 | CN¥15.48 Billion ≈ $2.27 Billion |
+16.13% |
| 2015-12-31 | CN¥13.33 Billion ≈ $1.95 Billion |
+7.35% |
| 2014-12-31 | CN¥12.42 Billion ≈ $1.82 Billion |
+44.92% |
| 2013-12-31 | CN¥8.57 Billion ≈ $1.25 Billion |
-62.18% |
| 2012-12-31 | CN¥22.66 Billion ≈ $3.32 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Qingdao Port International 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 2459176200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥24.59 Billion | 53.80% |
| Common Stock | CN¥6.49 Billion | 14.20% |
| Other Components | CN¥14.63 Billion | 32.00% |
| Total Equity | CN¥45.71 Billion | 100.00% |
Qingdao Port International Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Port International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IOI Corporation Bhd
KLSE:1961
|
$6.67 Billion |
|
China Natl Chem Engineering Co
SHG:601117
|
$6.68 Billion |
|
Engie Brasil Energia S.A
F:7TE1
|
$6.68 Billion |
|
China Merchants Port Group Co Ltd
SHE:001872
|
$6.69 Billion |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
|
$6.66 Billion |
|
Farsoon Technology Co. Ltd. A
SHG:688433
|
$6.65 Billion |
|
Unicaja Banco SA
MC:UNI
|
$6.65 Billion |
|
LandMark Optoelectronics
TWO:3081
|
$6.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Port International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 42,487,932,456 to 45,712,869,000, a change of 3,224,936,544 (7.6%).
- Net income of 5,271,510,000 contributed positively to equity growth.
- Dividend payments of 2,254,359,030 reduced retained earnings.
- Other comprehensive income decreased equity by 2,682,039,988.
- Other factors increased equity by 2,889,825,562.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥5.27 Billion | +11.53% |
| Dividends Paid | CN¥2.25 Billion | -4.93% |
| Other Comprehensive Income | CN¥-2.68 Billion | -5.87% |
| Other Changes | CN¥2.89 Billion | +6.32% |
| Total Change | CN¥- | 7.59% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Port International 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: 1.20x
- 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 2.04x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥4.15 | CN¥8.45 | x |
| 2013-12-31 | CN¥1.82 | CN¥8.45 | x |
| 2014-12-31 | CN¥2.62 | CN¥8.45 | x |
| 2015-12-31 | CN¥2.61 | CN¥8.45 | x |
| 2016-12-31 | CN¥2.98 | CN¥8.45 | x |
| 2017-12-31 | CN¥4.25 | CN¥8.45 | x |
| 2018-12-31 | CN¥4.47 | CN¥8.45 | x |
| 2019-12-31 | CN¥4.68 | CN¥8.45 | x |
| 2020-12-31 | CN¥5.08 | CN¥8.45 | x |
| 2021-12-31 | CN¥5.48 | CN¥8.45 | x |
| 2022-12-31 | CN¥5.76 | CN¥8.45 | x |
| 2023-12-31 | CN¥6.20 | CN¥8.45 | x |
| 2024-12-31 | CN¥6.55 | CN¥8.45 | x |
| 2025-12-31 | CN¥7.02 | CN¥8.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Port International 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): 11.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.03%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.46x
- Recent ROE (11.53%) is below the historical average (12.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.34% | 21.73% | 0.22x | 1.76x | CN¥-247.47 Million |
| 2013 | 17.56% | 22.99% | 0.33x | 2.28x | CN¥645.99 Million |
| 2014 | 13.65% | 22.95% | 0.24x | 2.44x | CN¥423.65 Million |
| 2015 | 15.36% | 25.94% | 0.23x | 2.53x | CN¥667.11 Million |
| 2016 | 15.36% | 25.17% | 0.23x | 2.69x | CN¥762.58 Million |
| 2017 | 12.92% | 29.99% | 0.21x | 2.04x | CN¥687.49 Million |
| 2018 | 13.32% | 30.61% | 0.24x | 1.81x | CN¥895.52 Million |
| 2019 | 12.49% | 31.16% | 0.23x | 1.74x | CN¥754.41 Million |
| 2020 | 11.64% | 29.06% | 0.23x | 1.73x | CN¥542.22 Million |
| 2021 | 11.20% | 23.71% | 0.28x | 1.70x | CN¥427.12 Million |
| 2022 | 12.11% | 23.51% | 0.34x | 1.54x | CN¥788.27 Million |
| 2023 | 12.22% | 27.09% | 0.30x | 1.50x | CN¥895.62 Million |
| 2024 | 12.32% | 27.64% | 0.30x | 1.48x | CN¥986.10 Million |
| 2025 | 11.53% | 28.03% | 0.28x | 1.46x | CN¥700.22 Million |
Industry Comparison
This section compares Qingdao Port International Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $4,419,584,990
- Average return on equity (ROE) among peers: 7.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Port International Co Ltd (601298) | CN¥50.58 Billion | 8.34% | 0.32x | $6.67 Billion |
| Shenzhen Yan Tian Port Holdings Co Ltd (000088) | $10.85 Billion | 4.35% | 0.51x | $3.32 Billion |
| Zhuhai Port Co Ltd (000507) | $1.16 Billion | 11.26% | 1.02x | $662.16 Million |
| Chang Jiang Shipping Group Phoenix Co Ltd (000520) | $-5.20 Billion | 0.00% | 0.00x | $678.30 Million |
| Beibuwan Port Co Ltd (000582) | $374.72 Million | 10.47% | 1.50x | $4.31 Billion |
| Xiamen Port Development Co Ltd (000905) | $976.33 Million | 3.22% | 1.74x | $1.98 Billion |
| Nanjing Shenghang Shipping Co Ltd (001205) | $143.03 Million | 17.43% | 1.03x | $392.03 Million |
| China Merchants Port Group Co Ltd (001872) | $32.71 Billion | 11.33% | 0.54x | $6.69 Billion |
| Nanjing Port Co Ltd (002040) | $659.56 Million | 3.10% | 0.60x | $624.05 Million |
| Hainan Strait Shipping Co Ltd (002320) | $1.89 Billion | 7.01% | 0.04x | $2.30 Billion |
| Guangdong Great River Smarter Logistics Co Ltd Class A (002930) | $625.80 Million | 7.44% | 1.99x | $648.70 Million |
About Qingdao Port International Co Ltd
Qingdao Port International Co., Ltd. operates the Port of Qingdao. It operates through five segments: Container Handling and Supporting Services; Dry Bulk Cargo Handling and Related Services; Liquid Bulk Handling and Supporting Services; Logistics and Port Value-Added Services; and Port Auxiliary Services. The company is involved in the loading and discharging of containers, loading, unloading, s… Read more