Liaoning Port Co Ltd (601880) - Net Assets

Latest as of September 2025: CN¥44.19 Billion CNY ≈ $6.47 Billion USD

Based on the latest financial reports, Liaoning Port Co Ltd (601880) has net assets worth CN¥44.19 Billion CNY (≈ $6.47 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¥57.34 Billion ≈ $8.39 Billion USD) and total liabilities (CN¥13.15 Billion ≈ $1.92 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. Also explore 601880 current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥44.19 Billion
% of Total Assets	77.07%
Annual Growth Rate	15.18%
5-Year Change	97.1%
10-Year Change	182.4%
Growth Volatility	30.92

Liaoning Port Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Liaoning Port Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 601880 market cap.

Annual Net Assets for Liaoning Port Co Ltd (2005–2024)

The table below shows the annual net assets of Liaoning Port Co Ltd from 2005 to 2024. Explore 601880 cash generation efficiency to assess how effectively this company generates cash.

Year	Net Assets	Change
2024-12-31	CN¥43.40 Billion ≈ $6.35 Billion	+1.58%
2023-12-31	CN¥42.73 Billion ≈ $6.25 Billion	+2.37%
2022-12-31	CN¥41.74 Billion ≈ $6.11 Billion	+1.68%
2021-12-31	CN¥41.05 Billion ≈ $6.01 Billion	+86.43%
2020-12-31	CN¥22.02 Billion ≈ $3.22 Billion	+2.88%
2019-12-31	CN¥21.40 Billion ≈ $3.13 Billion	+2.61%
2018-12-31	CN¥20.86 Billion ≈ $3.05 Billion	+1.17%
2017-12-31	CN¥20.62 Billion ≈ $3.02 Billion	+7.92%
2016-12-31	CN¥19.11 Billion ≈ $2.80 Billion	+24.31%
2015-12-31	CN¥15.37 Billion ≈ $2.25 Billion	+2.61%
2014-12-31	CN¥14.98 Billion ≈ $2.19 Billion	+2.17%
2013-12-31	CN¥14.66 Billion ≈ $2.15 Billion	+4.91%
2012-12-31	CN¥13.97 Billion ≈ $2.04 Billion	+2.46%
2011-12-31	CN¥13.64 Billion ≈ $2.00 Billion	+10.39%
2010-12-31	CN¥12.36 Billion ≈ $1.81 Billion	+74.83%
2009-12-31	CN¥7.07 Billion ≈ $1.03 Billion	+2.62%
2008-12-31	CN¥6.89 Billion ≈ $1.01 Billion	+8.91%
2007-12-31	CN¥6.32 Billion ≈ $925.37 Million	+5.44%
2006-12-31	CN¥6.00 Billion ≈ $877.62 Million	+102.52%
2005-12-31	CN¥2.96 Billion ≈ $433.35 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Liaoning 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 70252.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥5.28 Billion	13.27%
Common Stock	CN¥23.91 Billion	60.07%
Other Comprehensive Income	CN¥2.20 Billion	5.54%
Other Components	CN¥8.41 Billion	21.13%
Total Equity	CN¥39.80 Billion	100.00%

Liaoning Port Co Ltd Competitors by Market Cap

The table below lists competitors of Liaoning Port Co Ltd ranked by their market capitalization.

Company	Market Cap
Northland Power Inc. TO:NPI	$4.42 Billion
Xiamen Changelight SHE:300102	$4.42 Billion
ENTAIN PLC UNSP.ADR/1 F:6GI0	$4.42 Billion
Belden Inc NYSE:BDC	$4.42 Billion
JK Cement Limited NSE:JKCEMENT	$4.42 Billion
Georg Fischer AG SW:GF	$4.42 Billion
Reynolds Consumer Products Inc NASDAQ:REYN	$4.37 Billion
Brookfield Infrastructure Corp NYSE:BIPC	$4.45 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Liaoning Port Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 39,601,858,063 to 39,797,657,781, a change of 195,799,718 (0.5%).
Net income of 1,143,973,474 contributed positively to equity growth.
Dividend payments of 643,173,985 reduced retained earnings.
Share repurchases of 501,452,514 reduced equity.
Other comprehensive income increased equity by 2,204,019,528.
Other factors decreased equity by 2,007,566,785.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥1.14 Billion	+2.87%
Dividends Paid	CN¥643.17 Million	-1.62%
Share Repurchases	CN¥501.45 Million	-1.26%
Other Comprehensive Income	CN¥2.20 Billion	+5.54%
Other Changes	CN¥-2.01 Billion	-5.04%
Total Change	CN¥-	0.49%

Book Value vs Market Value Analysis

This analysis compares Liaoning 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: 0.99x
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 4.33x to 0.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CN¥0.38	CN¥1.64	x
2006-12-31	CN¥0.77	CN¥1.64	x
2007-12-31	CN¥0.82	CN¥1.64	x
2008-12-31	CN¥0.89	CN¥1.64	x
2009-12-31	CN¥1.04	CN¥1.64	x
2010-12-31	CN¥1.20	CN¥1.64	x
2011-12-31	CN¥1.24	CN¥1.64	x
2012-12-31	CN¥1.27	CN¥1.64	x
2013-12-31	CN¥1.32	CN¥1.64	x
2014-12-31	CN¥1.35	CN¥1.64	x
2015-12-31	CN¥1.38	CN¥1.64	x
2016-12-31	CN¥1.40	CN¥1.64	x
2017-12-31	CN¥1.40	CN¥1.64	x
2018-12-31	CN¥1.42	CN¥1.64	x
2019-12-31	CN¥1.46	CN¥1.64	x
2020-12-31	CN¥1.50	CN¥1.64	x
2021-12-31	CN¥1.58	CN¥1.64	x
2022-12-31	CN¥1.61	CN¥1.64	x
2023-12-31	CN¥1.65	CN¥1.64	x
2024-12-31	CN¥1.66	CN¥1.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Liaoning 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): 2.87%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.34%
• Asset Turnover: 0.19x
• Equity Multiplier: 1.50x
Recent ROE (2.87%) is below the historical average (6.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	15.15%	34.11%	0.17x	2.64x	CN¥147.19 Million
2006	10.85%	54.44%	0.11x	1.75x	CN¥49.41 Million
2007	9.52%	37.34%	0.16x	1.61x	CN¥-29.80 Million
2008	10.89%	45.96%	0.15x	1.58x	CN¥59.77 Million
2009	8.31%	34.66%	0.15x	1.63x	CN¥-118.90 Million
2010	6.67%	25.32%	0.14x	1.86x	CN¥-405.87 Million
2011	5.28%	17.47%	0.14x	2.15x	CN¥-596.54 Million
2012	4.63%	12.92%	0.17x	2.15x	CN¥-696.37 Million
2013	5.08%	9.78%	0.26x	2.03x	CN¥-661.89 Million
2014	3.80%	6.56%	0.29x	2.03x	CN¥-849.76 Million
2015	3.45%	5.45%	0.31x	2.08x	CN¥-919.51 Million
2016	2.99%	4.14%	0.40x	1.79x	CN¥-1.25 Billion
2017	2.77%	5.54%	0.25x	2.03x	CN¥-1.31 Billion
2018	2.86%	7.75%	0.19x	1.93x	CN¥-1.30 Billion
2019	3.83%	10.81%	0.19x	1.87x	CN¥-1.16 Billion
2020	10.61%	16.93%	0.35x	1.78x	CN¥117.79 Million
2021	5.05%	15.52%	0.21x	1.52x	CN¥-1.88 Billion
2022	3.41%	10.83%	0.21x	1.49x	CN¥-2.55 Billion
2023	3.39%	10.99%	0.22x	1.42x	CN¥-2.62 Billion
2024	2.87%	10.34%	0.19x	1.50x	CN¥-2.84 Billion

Industry Comparison

This section compares Liaoning 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: $4,985,662,858
Average return on equity (ROE) among peers: 7.35%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Liaoning Port Co Ltd (601880)	CN¥44.19 Billion	15.15%	0.30x	$4.42 Billion
Shenzhen Yan Tian Port Holdings Co Ltd (000088)	$1.38 Billion	10.45%	0.37x	$3.45 Billion
Zhuhai Port Co Ltd (000507)	$9.51 Billion	2.91%	1.17x	$698.50 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520)	$1.26 Billion	5.44%	0.10x	$584.99 Million
Beibuwan Port Co Ltd (000582)	$10.72 Billion	9.18%	0.69x	$4.08 Billion
Xiamen Port Development Co Ltd (000905)	$1.02 Billion	3.73%	1.77x	$2.46 Billion
Nanjing Shenghang Shipping Co Ltd (001205)	$1.50 Billion	11.29%	0.87x	$415.96 Million
China Merchants Port Group Co Ltd (001872)	$15.17 Billion	13.56%	0.20x	$7.46 Billion
Nanjing Port Co Ltd (002040)	$688.95 Million	3.15%	0.58x	$710.45 Million
Hainan Strait Shipping Co Ltd (002320)	$6.22 Billion	4.27%	0.12x	$2.78 Billion
Guangdong Great River Smarter Logistics Co Ltd Class A (002930)	$2.39 Billion	9.53%	1.66x	$869.62 Million

About Liaoning Port Co Ltd

SHG:601880 China Marine Shipping

Market Cap

$4.42 Billion

CN¥30.20 Billion CNY

Market Cap Rank

#3902 Global

#640 in China

Share Price

CN¥1.64

Change (1 day)

-1.80%

52-Week Range

CN¥1.47 - CN¥1.87

All Time High

CN¥3.08