COSCO SHIPPING Holdings Co Ltd (601919) - Net Assets

Latest as of September 2025: CN¥282.70 Billion CNY ≈ $41.37 Billion USD

Based on the latest financial reports, COSCO SHIPPING Holdings Co Ltd (601919) has net assets worth CN¥282.70 Billion CNY (≈ $41.37 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¥500.03 Billion ≈ $73.17 Billion USD) and total liabilities (CN¥217.33 Billion ≈ $31.80 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 total assets of COSCO SHIPPING Holdings Co Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥282.70 Billion
% of Total Assets	56.54%
Annual Growth Rate	21.31%
5-Year Change	262.22%
10-Year Change	534.34%
Growth Volatility	48.48

COSCO SHIPPING Holdings Co Ltd - Net Assets Trend (2003–2024)

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

Annual Net Assets for COSCO SHIPPING Holdings Co Ltd (2003–2024)

The table below shows the annual net assets of COSCO SHIPPING Holdings Co Ltd from 2003 to 2024. Explore COSCO SHIPPING Holdings Co Ltd cash conversion from operations to assess how effectively this company generates cash.

Year	Net Assets	Change
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 532878804263.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥15.96 Billion	6.80%
Other Comprehensive Income	CN¥4.79 Billion	2.04%
Other Components	CN¥213.92 Billion	91.16%
Total Equity	CN¥234.67 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
Resona Holdings Inc NYSE:RSHGY	$25.95 Billion
Constellation Brands Inc Class A NYSE:STZ	$25.99 Billion
Atlas Copco AB Series B ST:ATCO-B	$26.01 Billion
TechnipFMC PLC NYSE:FTI	$26.04 Billion
Huaneng Lancang River Hydropower Inc Class A SHG:600025	$25.93 Billion
SUMITOMO EL.IND.ADR F:SMO1	$25.89 Billion
Viking Holdings Ltd NYSE:VIK	$25.87 Billion
Mettler-Toledo International Inc NYSE:MTD	$25.85 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 2023 to 2024, total equity changed from 196,115,257,000 to 234,668,063,000, a change of 38,552,806,000 (19.7%).
Net income of 49,100,495,000 contributed positively to equity growth.
Dividend payments of 12,050,398,000 reduced retained earnings.
Share repurchases of 2,017,951,000 reduced equity.
New share issuances of 3,302,000 increased equity.
Other comprehensive income increased equity by 2,342,306,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥49.10 Billion	+20.92%
Dividends Paid	CN¥12.05 Billion	-5.14%
Share Repurchases	CN¥2.02 Billion	-0.86%
Share Issuances	CN¥3.30 Million	+0.0%
Other Comprehensive Income	CN¥2.34 Billion	+1.0%
Other Changes	CN¥1.18 Billion	+0.5%
Total Change	CN¥-	19.66%

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: 0.96x
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 98.17x to 0.96x 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¥14.12	x
2004-12-31	CN¥0.77	CN¥14.12	x
2005-12-31	CN¥2.11	CN¥14.12	x
2006-12-31	CN¥1.54	CN¥14.12	x
2007-12-31	CN¥3.71	CN¥14.12	x
2008-12-31	CN¥3.93	CN¥14.12	x
2009-12-31	CN¥3.23	CN¥14.12	x
2010-12-31	CN¥3.58	CN¥14.12	x
2011-12-31	CN¥2.61	CN¥14.12	x
2012-12-31	CN¥1.90	CN¥14.12	x
2013-12-31	CN¥1.58	CN¥14.12	x
2014-12-31	CN¥2.07	CN¥14.12	x
2015-12-31	CN¥2.02	CN¥14.12	x
2016-12-31	CN¥1.38	CN¥14.12	x
2017-12-31	CN¥1.55	CN¥14.12	x
2018-12-31	CN¥1.72	CN¥14.12	x
2019-12-31	CN¥2.25	CN¥14.12	x
2020-12-31	CN¥2.76	CN¥14.12	x
2021-12-31	CN¥8.31	CN¥14.12	x
2022-12-31	CN¥12.45	CN¥14.12	x
2023-12-31	CN¥12.16	CN¥14.12	x
2024-12-31	CN¥14.72	CN¥14.12	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): 20.92%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 21.00%
• Asset Turnover: 0.47x
• Equity Multiplier: 2.12x
Recent ROE (20.92%) is above the historical average (19.67%), indicating improving 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

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: $12,019,865,348
Average return on equity (ROE) among peers: 8.41%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
COSCO SHIPPING Holdings Co Ltd (601919)	CN¥282.70 Billion	181.80%	0.77x	$25.94 Billion
Shenzhen Yan Tian Port Holdings Co Ltd (000088)	$4.20 Billion	13.63%	0.09x	$3.45 Billion
Zhuhai Port Co Ltd (000507)	$2.54 Billion	3.63%	0.55x	$698.50 Million
Chang Jiang Shipping Group Phoenix Co Ltd (000520)	$553.70 Million	6.54%	0.40x	$584.99 Million
Beibuwan Port Co Ltd (000582)	$55.65 Million	6.76%	0.96x	$4.08 Billion
Xiamen Port Development Co Ltd (000905)	$250.90 Million	23.15%	0.93x	$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)	$107.40 Billion	4.84%	0.58x	$7.46 Billion
Nanjing Port Co Ltd (002040)	$539.32 Million	2.24%	0.18x	$710.45 Million
Hainan Strait Shipping Co Ltd (002320)	$1.97 Billion	4.25%	0.12x	$2.78 Billion
Guangdong Great River Smarter Logistics Co Ltd Class A (002930)	$1.19 Billion	7.77%	0.57x	$869.62 Million

About COSCO SHIPPING Holdings Co Ltd

SHG:601919 China Marine Shipping

Market Cap

$25.94 Billion

CN¥177.28 Billion CNY

Market Cap Rank

#1006 Global

#72 in China

Share Price

CN¥14.12

Change (1 day)

-1.67%

52-Week Range

CN¥14.12 - CN¥16.97

All Time High

CN¥32.45