COSCO SHIPPING Holdings Co Ltd (601919) - Net Assets

Latest as of December 2025: CN¥283.79 Billion CNY ≈ $41.53 Billion USD

Based on the latest financial reports, COSCO SHIPPING Holdings Co Ltd (601919) has net assets worth CN¥283.79 Billion CNY (≈ $41.53 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¥486.15 Billion ≈ $71.14 Billion USD) and total liabilities (CN¥202.37 Billion ≈ $29.61 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 601919 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥283.79 Billion
% of Total Assets 58.37%
Annual Growth Rate 20.22%
5-Year Change 58.66%
10-Year Change 655.78%
Growth Volatility 47.75

COSCO SHIPPING Holdings Co Ltd - Net Assets Trend (2003–2025)

This chart illustrates how COSCO SHIPPING Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of COSCO SHIPPING Holdings Co Ltd.

Annual Net Assets for COSCO SHIPPING Holdings Co Ltd (2003–2025)

The table below shows the annual net assets of COSCO SHIPPING Holdings Co Ltd from 2003 to 2025. Also explore net asset momentum of COSCO SHIPPING Holdings Co Ltd to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 CN¥283.79 Billion
≈ $41.53 Billion		 -0.45%
2024-12-31 CN¥285.06 Billion
≈ $41.71 Billion		 +17.20%
2023-12-31 CN¥243.22 Billion
≈ $35.59 Billion		 -4.06%
2022-12-31 CN¥253.52 Billion
≈ $37.10 Billion		 +41.74%
2021-12-31 CN¥178.86 Billion
≈ $26.17 Billion		 +127.28%
2020-12-31 CN¥78.70 Billion
≈ $11.52 Billion		 +13.85%
2019-12-31 CN¥69.13 Billion
≈ $10.12 Billion		 +22.66%
2018-12-31 CN¥56.35 Billion
≈ $8.25 Billion		 +28.92%
2017-12-31 CN¥43.71 Billion
≈ $6.40 Billion		 +16.41%
2016-12-31 CN¥37.55 Billion
≈ $5.49 Billion		 -16.44%
2015-12-31 CN¥44.94 Billion
≈ $6.58 Billion		 +4.61%
2014-12-31 CN¥42.96 Billion
≈ $6.29 Billion		 +2.00%
2013-12-31 CN¥42.11 Billion
≈ $6.16 Billion		 +1.00%
2012-12-31 CN¥41.70 Billion
≈ $6.10 Billion		 -16.89%
2011-12-31 CN¥50.17 Billion
≈ $7.34 Billion		 -19.37%
2010-12-31 CN¥62.22 Billion
≈ $9.10 Billion		 +16.53%
2009-12-31 CN¥53.39 Billion
≈ $7.81 Billion		 -12.65%
2008-12-31 CN¥61.12 Billion
≈ $8.94 Billion		 +13.17%
2007-12-31 CN¥54.01 Billion
≈ $7.90 Billion		 +119.08%
2006-12-31 CN¥24.65 Billion
≈ $3.61 Billion		 +4.04%
2005-12-31 CN¥23.70 Billion
≈ $3.47 Billion		 +93.41%
2004-12-31 CN¥12.25 Billion
≈ $1.79 Billion		 +148.28%
2003-12-31 CN¥4.93 Billion
≈ $722.12 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to COSCO SHIPPING Holdings 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 17950605904263.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥174.18 Billion 74.99%
Common Stock CN¥15.49 Billion 6.67%
Other Comprehensive Income CN¥22.51 Billion 9.69%
Other Components CN¥20.09 Billion 8.65%
Total Equity CN¥232.27 Billion 100.00%

COSCO SHIPPING Holdings Co Ltd Competitors by Market Cap

The table below lists competitors of COSCO SHIPPING Holdings Co Ltd ranked by their market capitalization.

Company Market Cap
FANUC CORP.UNSP.ADR 1/10
F:FUCA
 $29.28 Billion
Suzhou TFC Optical Communication Co Ltd
SHE:300394
 $29.35 Billion
Credicorp Ltd
MX:BAPN
 $29.37 Billion
Bharat Electronics Limited
NSE:BEL_old
 $29.41 Billion
Givaudan SA
SW:GIVN
 $29.21 Billion
Fresenius SE & Co. KGaA
XETRA:FRE
 $29.19 Billion
Kraft Heinz Co
NASDAQ:KHC
 $29.17 Billion
Guangdong Songfa Ceramics Co
SHG:603268
 $29.17 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 234,668,063,000 to 232,265,324,000, a change of -2,402,739,000 (-1.0%).
  • Net income of 30,868,148,000 contributed positively to equity growth.
  • Dividend payments of 24,628,710,000 reduced retained earnings.
  • Share repurchases of 6,560,757,000 reduced equity.
  • New share issuances of 1,434,000 increased equity.
  • Other comprehensive income increased equity by 17,722,466,000.
  • Other factors decreased equity by 19,805,320,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥30.87 Billion +13.29%
Dividends Paid CN¥24.63 Billion -10.6%
Share Repurchases CN¥6.56 Billion -2.82%
Share Issuances CN¥1.43 Million +0.0%
Other Comprehensive Income CN¥17.72 Billion +7.63%
Other Changes CN¥-19.81 Billion -8.53%
Total Change CN¥- -1.02%

Book Value vs Market Value Analysis

This analysis compares COSCO SHIPPING Holdings 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: 1.07x
  • 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 111.10x to 1.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 CN¥0.14 CN¥15.98 x
2004-12-31 CN¥0.77 CN¥15.98 x
2005-12-31 CN¥2.11 CN¥15.98 x
2006-12-31 CN¥1.54 CN¥15.98 x
2007-12-31 CN¥3.71 CN¥15.98 x
2008-12-31 CN¥3.93 CN¥15.98 x
2009-12-31 CN¥3.23 CN¥15.98 x
2010-12-31 CN¥3.58 CN¥15.98 x
2011-12-31 CN¥2.61 CN¥15.98 x
2012-12-31 CN¥1.90 CN¥15.98 x
2013-12-31 CN¥1.58 CN¥15.98 x
2014-12-31 CN¥2.07 CN¥15.98 x
2015-12-31 CN¥2.02 CN¥15.98 x
2016-12-31 CN¥1.38 CN¥15.98 x
2017-12-31 CN¥1.55 CN¥15.98 x
2018-12-31 CN¥1.72 CN¥15.98 x
2019-12-31 CN¥2.25 CN¥15.98 x
2020-12-31 CN¥2.76 CN¥15.98 x
2021-12-31 CN¥8.31 CN¥15.98 x
2022-12-31 CN¥12.45 CN¥15.98 x
2023-12-31 CN¥12.16 CN¥15.98 x
2024-12-31 CN¥14.72 CN¥15.98 x
2025-12-31 CN¥14.97 CN¥15.98 x

Capital Efficiency Dashboard

This dashboard shows how efficiently COSCO SHIPPING Holdings 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): 13.29%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.13%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 2.09x
  • Recent ROE (13.29%) is below the historical average (19.40%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 181.80% 8.85% 0.77x 26.77x CN¥1.97 Billion
2004 62.44% 13.04% 0.69x 6.96x CN¥3.21 Billion
2005 24.40% 8.57% 0.95x 3.00x CN¥2.43 Billion
2006 7.27% 2.40% 0.98x 3.10x CN¥-459.91 Million
2007 42.47% 20.33% 0.83x 2.53x CN¥14.59 Billion
2008 20.79% 9.50% 0.98x 2.24x CN¥5.62 Billion
2009 -17.61% -13.53% 0.40x 3.24x CN¥-11.82 Billion
2010 14.16% 8.47% 0.53x 3.16x CN¥1.99 Billion
2011 -30.12% -15.16% 0.44x 4.54x CN¥-13.92 Billion
2012 -38.03% -13.26% 0.44x 6.57x CN¥-12.07 Billion
2013 0.97% 0.38% 0.38x 6.68x CN¥-2.19 Billion
2014 1.49% 0.56% 0.43x 6.10x CN¥-2.08 Billion
2015 1.90% 0.72% 0.44x 6.01x CN¥-2.00 Billion
2016 -54.06% -13.92% 0.59x 6.53x CN¥-11.74 Billion
2017 12.88% 2.94% 0.68x 6.44x CN¥595.01 Million
2018 5.37% 1.02% 0.53x 9.97x CN¥-1.06 Billion
2019 19.13% 4.48% 0.58x 7.42x CN¥3.23 Billion
2020 22.61% 5.80% 0.63x 6.19x CN¥5.54 Billion
2021 67.13% 26.78% 0.81x 3.11x CN¥76.04 Billion
2022 54.75% 28.07% 0.76x 2.55x CN¥89.66 Billion
2023 12.17% 13.60% 0.38x 2.36x CN¥4.25 Billion
2024 20.92% 21.00% 0.47x 2.12x CN¥25.63 Billion
2025 13.29% 14.13% 0.45x 2.09x CN¥7.64 Billion

Industry Comparison

This section compares COSCO SHIPPING Holdings Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

  • Industry: Marine Shipping
  • Average net assets among peers: $3,218,643,019
  • Average return on equity (ROE) among peers: 9.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
COSCO SHIPPING Holdings Co Ltd (601919) CN¥283.79 Billion 181.80% 0.71x $29.28 Billion
Shenzhen Yan Tian Port Holdings Co Ltd (000088) $8.18 Billion 4.39% 0.35x $3.45 Billion
Zhuhai Port Co Ltd (000507) $1.15 Billion 12.24% 1.26x $681.01 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520) $103.67 Million 26.54% 0.09x $595.36 Million
Beibuwan Port Co Ltd (000582) $243.46 Million 7.57% 1.62x $4.14 Billion
Xiamen Port Development Co Ltd (000905) $3.53 Billion 3.08% 1.29x $2.04 Billion
Nanjing Shenghang Shipping Co Ltd (001205) $167.68 Million 14.70% 1.74x $394.51 Million
China Merchants Port Group Co Ltd (001872) $15.17 Billion 13.56% 0.20x $7.82 Billion
Nanjing Port Co Ltd (002040) $563.88 Million 4.34% 0.61x $672.61 Million
Hainan Strait Shipping Co Ltd (002320) $1.97 Billion 4.25% 0.12x $2.18 Billion
Guangdong Great River Smarter Logistics Co Ltd Class A (002930) $1.10 Billion 7.63% 0.72x $603.19 Million

About COSCO SHIPPING Holdings Co Ltd

SHG:601919 China Marine Shipping
Market Cap
$29.28 Billion
CN¥200.06 Billion CNY
Market Cap Rank
#909 Global
#60 in China
Share Price
CN¥15.98
Change (1 day)
-0.75%
52-Week Range
CN¥13.16 - CN¥17.42
All Time High
CN¥32.45
Categories
Companies in China Marine Shipping
About

COSCO SHIPPING Holdings Co., Ltd., an investment holding company, engages in the container shipping business in the United States, Europe, the Asia Pacific, Mainland China, and internationally. It operates through Container Shipping Business, Terminal Business, and Other Businesses segments. The company offers routes and maritime container transportation services, logistics and port service, and … Read more