Nanjing Tanker Corp

SHG:601975 China Oil & Gas Midstream
Market Cap
$2.79 Billion
CN¥20.45 Billion CNY
Market Cap Rank
#5011 Global
#598 in China
Share Price
CN¥4.37
Change (1 day)
-3.74%
52-Week Range
CN¥2.67 - CN¥5.22
All Time High
CN¥6.08
Categories
Companies in China Oil & Gas Midstream
About

Nanjing Tanker Corporation engages in tanker transportation activities in China and internationally. The company transports offshore crude and refined oil, chemicals, and gas. It also provides crew labor services. The company was formerly known as Nanjing Water Transportation Industry Co., Ltd. The company was founded in 1993 and is based in Nanjing, China.

Nanjing Tanker Corp (601975) - Net Assets

Latest net assets as of September 2025: CN¥11.64 Billion CNY

Based on the latest financial reports, Nanjing Tanker Corp (601975) has net assets worth CN¥11.64 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.19 Billion) and total liabilities (CN¥1.55 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥11.64 Billion
% of Total Assets 88.26%
Annual Growth Rate 13.38%
5-Year Change 87.73%
10-Year Change 340.84%
Growth Volatility 45.61

Nanjing Tanker Corp - Net Assets Trend (1994–2024)

This chart illustrates how Nanjing Tanker Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nanjing Tanker Corp (1994–2024)

The table below shows the annual net assets of Nanjing Tanker Corp from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.98 Billion +19.98%
2023-12-31 CN¥9.15 Billion +21.46%
2022-12-31 CN¥7.53 Billion +27.65%
2021-12-31 CN¥5.90 Billion +0.92%
2020-12-31 CN¥5.85 Billion +22.16%
2019-12-31 CN¥4.79 Billion +23.43%
2018-12-31 CN¥3.88 Billion +12.30%
2017-12-31 CN¥3.45 Billion +11.41%
2016-12-31 CN¥3.10 Billion +24.48%
2015-12-31 CN¥2.49 Billion +38.75%
2014-12-31 CN¥1.79 Billion +189.61%
2013-12-31 CN¥-2.00 Billion -151.90%
2012-12-31 CN¥3.86 Billion -23.90%
2011-12-31 CN¥5.07 Billion +15.67%
2010-12-31 CN¥4.38 Billion +0.31%
2009-12-31 CN¥4.37 Billion -3.62%
2008-12-31 CN¥4.53 Billion +11.36%
2007-12-31 CN¥4.07 Billion +166.07%
2006-12-31 CN¥1.53 Billion +7.14%
2005-12-31 CN¥1.43 Billion +6.96%
2004-12-31 CN¥1.34 Billion +16.78%
2003-12-31 CN¥1.14 Billion +36.75%
2002-12-31 CN¥836.20 Million +3.15%
2001-12-31 CN¥810.63 Million +0.71%
2000-12-31 CN¥804.95 Million +5.78%
1999-12-31 CN¥760.98 Million +37.73%
1998-12-31 CN¥552.53 Million +11.31%
1997-12-31 CN¥496.40 Million +82.19%
1996-12-31 CN¥272.45 Million +3.40%
1995-12-31 CN¥263.51 Million +3.83%
1994-12-31 CN¥253.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nanjing Tanker Corp'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 3836043.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.83 Billion 16.91%
Common Stock CN¥4.80 Billion 44.36%
Other Comprehensive Income CN¥4.19 Billion 38.73%
Other Components CN¥1.00 0.00%
Total Equity CN¥10.82 Billion 100.00%

Nanjing Tanker Corp Competitors by Market Cap

The table below lists competitors of Nanjing Tanker Corp ranked by their market capitalization.

Company Market Cap
Oberoi Realty Limited
NSE:OBEROIRLTY
 		$1.98 Billion
NEWMARK GRP CL.A DL-01
F:NMB
 		$1.98 Billion
Hub Group Inc
NASDAQ:HUBG
 		$1.98 Billion
Mobimo Holding AG
LSE:0QQY
 		$1.98 Billion
ARMOUR Residential REIT Inc
NYSE:ARR
 		$1.98 Billion
China Ruyi Holdings Limited
F:4Z81
 		$1.98 Billion
Metcash Ltd
AU:MTS
 		$1.98 Billion
Xian Sunresin New Materials Co Ltd
SHE:300487
 		$1.98 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nanjing Tanker Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,001,899,979 to 10,824,521,965, a change of 1,822,621,986 (20.2%).
  • Net income of 1,921,078,799 contributed positively to equity growth.
  • Dividend payments of 49,826,567 reduced retained earnings.
  • Share repurchases of 150,194,195 reduced equity.
  • Other comprehensive income increased equity by 4,112,125,579.
  • Other factors decreased equity by 4,010,561,630.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.92 Billion +17.75%
Dividends Paid CN¥49.83 Million -0.46%
Share Repurchases CN¥150.19 Million -1.39%
Other Comprehensive Income CN¥4.11 Billion +37.99%
Other Changes CN¥-4.01 Billion -37.05%
Total Change CN¥- 20.25%

Book Value vs Market Value Analysis

This analysis compares Nanjing Tanker Corp'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: 1.94x
  • 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 9.02x to 1.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.48 CN¥4.37 x
1995-12-31 CN¥0.50 CN¥4.37 x
1996-12-31 CN¥0.52 CN¥4.37 x
1997-12-31 CN¥0.95 CN¥4.37 x
1998-12-31 CN¥1.05 CN¥4.37 x
1999-12-31 CN¥1.45 CN¥4.37 x
2000-12-31 CN¥1.54 CN¥4.37 x
2001-12-31 CN¥1.55 CN¥4.37 x
2002-12-31 CN¥1.60 CN¥4.37 x
2003-12-31 CN¥2.18 CN¥4.37 x
2004-12-31 CN¥2.53 CN¥4.37 x
2005-12-31 CN¥2.71 CN¥4.37 x
2006-12-31 CN¥2.44 CN¥4.37 x
2007-12-31 CN¥3.44 CN¥4.37 x
2008-12-31 CN¥2.80 CN¥4.37 x
2009-12-31 CN¥3.08 CN¥4.37 x
2010-12-31 CN¥1.49 CN¥4.37 x
2011-12-31 CN¥1.50 CN¥4.37 x
2012-12-31 CN¥1.11 CN¥4.37 x
2013-12-31 CN¥-0.62 CN¥4.37 x
2014-12-31 CN¥0.34 CN¥4.37 x
2015-12-31 CN¥0.48 CN¥4.37 x
2016-12-31 CN¥0.60 CN¥4.37 x
2017-12-31 CN¥0.67 CN¥4.37 x
2018-12-31 CN¥0.75 CN¥4.37 x
2019-12-31 CN¥0.93 CN¥4.37 x
2020-12-31 CN¥1.15 CN¥4.37 x
2021-12-31 CN¥1.17 CN¥4.37 x
2022-12-31 CN¥1.52 CN¥4.37 x
2023-12-31 CN¥1.85 CN¥4.37 x
2024-12-31 CN¥2.25 CN¥4.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanjing Tanker Corp 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): 17.75%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 29.67%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 1.19x
  • Recent ROE (17.75%) is above the historical average (9.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 17.67% 44.74% 0.34x 1.17x CN¥19.47 Million
1995 12.21% 24.41% 0.40x 1.25x CN¥5.82 Million
1996 11.43% 21.05% 0.47x 1.15x CN¥3.89 Million
1997 12.80% 29.91% 0.30x 1.43x CN¥13.88 Million
1998 10.16% 18.43% 0.46x 1.19x CN¥877.49K
1999 10.11% 21.54% 0.41x 1.13x CN¥861.04K
2000 12.99% 20.00% 0.55x 1.19x CN¥24.09 Million
2001 14.25% 23.77% 0.51x 1.18x CN¥34.48 Million
2002 14.99% 24.05% 0.41x 1.53x CN¥41.75 Million
2003 13.75% 22.91% 0.46x 1.29x CN¥42.91 Million
2004 13.12% 21.02% 0.46x 1.37x CN¥41.34 Million
2005 16.90% 21.96% 0.52x 1.48x CN¥97.89 Million
2006 15.75% 13.98% 0.58x 1.95x CN¥87.50 Million
2007 9.15% 20.43% 0.18x 2.46x CN¥-34.44 Million
2008 13.23% 18.90% 0.27x 2.63x CN¥145.56 Million
2009 0.10% 0.13% 0.24x 3.22x CN¥-430.47 Million
2010 0.20% 0.21% 0.25x 4.02x CN¥-423.33 Million
2011 -15.07% -14.82% 0.27x 3.83x CN¥-1.25 Billion
2012 -32.89% -18.69% 0.34x 5.23x CN¥-1.62 Billion
2013 0.00% -81.04% 0.53x 0.00x CN¥-5.71 Billion
2014 -24.69% -8.09% 0.62x 4.93x CN¥-591.59 Million
2015 26.20% 11.45% 0.69x 3.31x CN¥388.05 Million
2016 18.68% 9.68% 0.76x 2.55x CN¥260.12 Million
2017 12.28% 11.01% 0.52x 2.16x CN¥76.09 Million
2018 9.57% 10.66% 0.43x 2.11x CN¥-16.27 Million
2019 18.78% 21.72% 0.51x 1.70x CN¥410.09 Million
2020 24.29% 34.49% 0.46x 1.52x CN¥817.90 Million
2021 5.14% 7.68% 0.44x 1.52x CN¥-280.48 Million
2022 19.39% 22.90% 0.60x 1.42x CN¥694.66 Million
2023 17.30% 25.13% 0.53x 1.29x CN¥656.83 Million
2024 17.75% 29.67% 0.50x 1.19x CN¥838.63 Million

Industry Comparison

This section compares Nanjing Tanker Corp's net assets metrics with peer companies in the Oil & Gas Midstream industry.

Industry Context

  • Industry: Oil & Gas Midstream
  • Average net assets among peers: $4,087,891,740
  • Average return on equity (ROE) among peers: 9.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nanjing Tanker Corp (601975) CN¥11.64 Billion 17.67% 0.13x $1.98 Billion
Senton Energy Co. Ltd. A (001331) $1.59 Billion 10.85% 0.09x $516.61 Million
Shaanxi Provincial Natural Gas Co Ltd (002267) $6.85 Billion 7.94% 0.87x $426.42 Million
Zhuhai Winbase International Chemical Tank Terminal Co Ltd (002492) $818.02 Million 7.84% 0.23x $243.29 Million
China Merchants Energy Shipping Co Ltd (601872) $9.98 Billion 0.00% 0.69x $5.39 Billion
Anhui Province Natural Gas Development Co Ltd (603689) $2.46 Billion 9.10% 0.39x $191.29 Million
Jiangxi Jovo Energy Co. Ltd (605090) $2.69 Billion 28.52% 0.62x $1.65 Billion
Shanxi Guoxin Energy Co Ltd B (900913) $4.23 Billion 1.07% 6.68x $194.06 Million