Qinhuangdao Port Co Ltd (601326) - Net Assets
Based on the latest financial reports, Qinhuangdao Port Co Ltd (601326) has net assets worth CN¥21.53 Billion CNY (≈ $3.15 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¥27.80 Billion ≈ $4.07 Billion USD) and total liabilities (CN¥6.27 Billion ≈ $917.82 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. Also explore Qinhuangdao Port Co Ltd balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥21.53 Billion |
| % of Total Assets | 77.44% |
| Annual Growth Rate | 5.94% |
| 5-Year Change | 27.34% |
| 10-Year Change | 70.0% |
| Growth Volatility | 7.99 |
Qinhuangdao Port Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Qinhuangdao Port Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Qinhuangdao Port Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Qinhuangdao Port Co Ltd (2009–2025)
The table below shows the annual net assets of Qinhuangdao Port Co Ltd from 2009 to 2025. For live valuation and market cap data, see Qinhuangdao Port Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥21.53 Billion ≈ $3.15 Billion |
+6.22% |
| 2024-12-31 | CN¥20.27 Billion ≈ $2.97 Billion |
+4.64% |
| 2023-12-31 | CN¥19.37 Billion ≈ $2.83 Billion |
+6.29% |
| 2022-12-31 | CN¥18.23 Billion ≈ $2.67 Billion |
+7.78% |
| 2021-12-31 | CN¥16.91 Billion ≈ $2.47 Billion |
+5.03% |
| 2020-12-31 | CN¥16.10 Billion ≈ $2.36 Billion |
+3.28% |
| 2019-12-31 | CN¥15.59 Billion ≈ $2.28 Billion |
+4.00% |
| 2018-12-31 | CN¥14.99 Billion ≈ $2.19 Billion |
+2.87% |
| 2017-12-31 | CN¥14.57 Billion ≈ $2.13 Billion |
+15.04% |
| 2016-12-31 | CN¥12.67 Billion ≈ $1.85 Billion |
-2.88% |
| 2015-12-31 | CN¥13.04 Billion ≈ $1.91 Billion |
-2.81% |
| 2014-12-31 | CN¥13.42 Billion ≈ $1.96 Billion |
+2.83% |
| 2013-12-31 | CN¥13.05 Billion ≈ $1.91 Billion |
+25.12% |
| 2012-12-31 | CN¥10.43 Billion ≈ $1.53 Billion |
+10.84% |
| 2011-12-31 | CN¥9.41 Billion ≈ $1.38 Billion |
+19.10% |
| 2010-12-31 | CN¥7.90 Billion ≈ $1.16 Billion |
-7.61% |
| 2009-12-31 | CN¥8.55 Billion ≈ $1.25 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Qinhuangdao Port 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 541.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.10 Billion | 34.76% |
| Common Stock | CN¥5.59 Billion | 27.35% |
| Other Comprehensive Income | CN¥2.55 Billion | 12.46% |
| Other Components | CN¥5.20 Billion | 25.43% |
| Total Equity | CN¥20.43 Billion | 100.00% |
Qinhuangdao Port Co Ltd Competitors by Market Cap
The table below lists competitors of Qinhuangdao Port Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sam Chun Dang Pharm. Co. Ltd
KQ:000250
|
$2.40 Billion |
|
Proximus NV
BR:PROX
|
$2.40 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
$2.40 Billion |
|
Coface SA
PA:COFA
|
$2.40 Billion |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$2.39 Billion |
|
The Ramco Cements Limited
NSE:RAMCOCEM
|
$2.39 Billion |
|
Beijing Zhong Ke San Huan High-Tech Co Ltd
SHE:000970
|
$2.39 Billion |
|
Redefine Properties Ltd
JSE:RDF
|
$2.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qinhuangdao Port Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,329,265,694 to 20,431,082,674, a change of 1,101,816,980 (5.7%).
- Net income of 1,606,251,547 contributed positively to equity growth.
- Dividend payments of 474,930,020 reduced retained earnings.
- Other comprehensive income increased equity by 93,273,813.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.61 Billion | +7.86% |
| Dividends Paid | CN¥474.93 Million | -2.32% |
| Other Comprehensive Income | CN¥93.27 Million | +0.46% |
| Other Changes | CN¥-122.78 Million | -0.6% |
| Total Change | CN¥- | 5.70% |
Book Value vs Market Value Analysis
This analysis compares Qinhuangdao Port 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: 0.94x
- 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 1.92x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥1.79 | CN¥3.44 | x |
| 2010-12-31 | CN¥1.67 | CN¥3.44 | x |
| 2011-12-31 | CN¥1.91 | CN¥3.44 | x |
| 2012-12-31 | CN¥2.14 | CN¥3.44 | x |
| 2013-12-31 | CN¥2.76 | CN¥3.44 | x |
| 2014-12-31 | CN¥2.41 | CN¥3.44 | x |
| 2015-12-31 | CN¥2.37 | CN¥3.44 | x |
| 2016-12-31 | CN¥2.19 | CN¥3.44 | x |
| 2017-12-31 | CN¥2.51 | CN¥3.44 | x |
| 2018-12-31 | CN¥2.57 | CN¥3.44 | x |
| 2019-12-31 | CN¥2.61 | CN¥3.44 | x |
| 2020-12-31 | CN¥2.72 | CN¥3.44 | x |
| 2021-12-31 | CN¥2.87 | CN¥3.44 | x |
| 2022-12-31 | CN¥3.10 | CN¥3.44 | x |
| 2023-12-31 | CN¥3.30 | CN¥3.44 | x |
| 2024-12-31 | CN¥3.46 | CN¥3.44 | x |
| 2025-12-31 | CN¥3.66 | CN¥3.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qinhuangdao Port 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): 7.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.04%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.36x
- Recent ROE (7.86%) is below the historical average (9.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 10.62% | 16.82% | 0.27x | 2.32x | CN¥48.50 Million |
| 2010 | 15.52% | 21.06% | 0.25x | 2.99x | CN¥396.71 Million |
| 2011 | 13.11% | 18.24% | 0.25x | 2.87x | CN¥256.92 Million |
| 2012 | 15.16% | 22.49% | 0.27x | 2.50x | CN¥478.59 Million |
| 2013 | 14.85% | 24.54% | 0.25x | 2.46x | CN¥576.15 Million |
| 2014 | 16.18% | 27.41% | 0.26x | 2.30x | CN¥756.07 Million |
| 2015 | 11.38% | 19.51% | 0.25x | 2.30x | CN¥162.89 Million |
| 2016 | 3.19% | 7.43% | 0.19x | 2.30x | CN¥-778.64 Million |
| 2017 | 7.18% | 13.69% | 0.27x | 1.92x | CN¥-377.56 Million |
| 2018 | 5.83% | 11.78% | 0.26x | 1.87x | CN¥-579.23 Million |
| 2019 | 6.37% | 13.85% | 0.26x | 1.74x | CN¥-529.80 Million |
| 2020 | 6.54% | 15.41% | 0.25x | 1.72x | CN¥-526.49 Million |
| 2021 | 6.47% | 15.75% | 0.24x | 1.73x | CN¥-567.14 Million |
| 2022 | 7.55% | 18.91% | 0.25x | 1.61x | CN¥-423.74 Million |
| 2023 | 8.31% | 21.70% | 0.25x | 1.52x | CN¥-311.15 Million |
| 2024 | 8.10% | 22.79% | 0.25x | 1.44x | CN¥-368.03 Million |
| 2025 | 7.86% | 23.04% | 0.25x | 1.36x | CN¥-436.86 Million |
Industry Comparison
This section compares Qinhuangdao Port Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $4,106,076,340
- Average return on equity (ROE) among peers: 11.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qinhuangdao Port Co Ltd (601326) | CN¥21.53 Billion | 10.62% | 0.29x | $2.39 Billion |
| Shenzhen Yan Tian Port Holdings Co Ltd (000088) | $7.74 Billion | 5.79% | 0.33x | $3.40 Billion |
| Zhuhai Port Co Ltd (000507) | $3.09 Billion | 4.57% | 0.91x | $670.24 Million |
| Chang Jiang Shipping Group Phoenix Co Ltd (000520) | $103.67 Million | 26.54% | 0.09x | $586.47 Million |
| Beibuwan Port Co Ltd (000582) | $10.72 Billion | 9.18% | 0.69x | $4.61 Billion |
| Xiamen Port Development Co Ltd (000905) | $6.29 Billion | 3.68% | 1.12x | $1.94 Billion |
| Nanjing Shenghang Shipping Co Ltd (001205) | $626.22 Million | 9.64% | 0.53x | $374.15 Million |
| China Merchants Port Group Co Ltd (001872) | $10.85 Billion | 8.10% | 0.16x | $7.43 Billion |
| Nanjing Port Co Ltd (002040) | $688.95 Million | 3.15% | 0.58x | $579.78 Million |
| Hainan Strait Shipping Co Ltd (002320) | $325.67 Million | 39.47% | 0.41x | $2.22 Billion |
| Guangdong Great River Smarter Logistics Co Ltd Class A (002930) | $625.80 Million | 7.44% | 1.99x | $607.86 Million |
About Qinhuangdao Port Co Ltd
Qinhuangdao Port Co., Ltd. provides integrated port services in Mainland China. The company offers highly integrated and comprehensive port services, including stevedoring, stacking, warehousing, transportation, discharging, container stacking, container load, and logistics services; and handles various types of cargoes comprising coal, metal ores, oil and liquefied chemicals, containers, and gen… Read more