Deppon Logistics Co Ltd

SHG:603056 China Trucking
Market Cap
$2.60 Billion
CN¥19.07 Billion CNY
Market Cap Rank
#11139 Global
#2573 in China
Share Price
CN¥18.85
Change (1 day)
+0.00%
52-Week Range
CN¥12.95 - CN¥22.88
All Time High
CN¥29.08
About

DEPPON LOGISTICS Co., LTD. provides logistics services. The company offers express delivery, less-than-truckload transportation, full truck load transportation, air freight, warehousing and supply chain management, cross-border e-commerce, and other value-added services. It has operations in China, the United States, Europe, Canada, Japan, South Korea, Southeast Asia, Hong Kong, Macau, Taiwan, an… Read more

Deppon Logistics Co Ltd (603056) - Net Assets

Latest net assets as of September 2025: CN¥8.05 Billion CNY

Based on the latest financial reports, Deppon Logistics Co Ltd (603056) has net assets worth CN¥8.05 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¥16.14 Billion) and total liabilities (CN¥8.09 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¥8.05 Billion
% of Total Assets 49.89%
Annual Growth Rate 34.37%
5-Year Change 52.65%
10-Year Change 295.29%
Growth Volatility 116.88

Deppon Logistics Co Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Deppon Logistics Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Deppon Logistics Co Ltd (2009–2024)

The table below shows the annual net assets of Deppon Logistics Co Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.48 Billion +10.16%
2023-12-31 CN¥7.70 Billion +11.20%
2022-12-31 CN¥6.92 Billion +6.69%
2021-12-31 CN¥6.49 Billion +16.80%
2020-12-31 CN¥5.56 Billion +27.16%
2019-12-31 CN¥4.37 Billion +8.51%
2018-12-31 CN¥4.03 Billion +31.13%
2017-12-31 CN¥3.07 Billion +21.59%
2016-12-31 CN¥2.53 Billion +17.71%
2015-12-31 CN¥2.15 Billion +18.67%
2014-12-31 CN¥1.81 Billion +35.24%
2013-12-31 CN¥1.34 Billion +25.51%
2012-12-31 CN¥1.07 Billion +42.43%
2011-12-31 CN¥747.96 Million +26.06%
2010-12-31 CN¥593.36 Million +488.24%
2009-12-31 CN¥100.87 Million --

Equity Component Analysis

This analysis shows how different components contribute to Deppon Logistics 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 10289.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.02 Billion 71.11%
Common Stock CN¥1.03 Billion 12.13%
Other Comprehensive Income CN¥716.47 Million 8.47%
Other Components CN¥701.92 Million 8.29%
Total Equity CN¥8.46 Billion 100.00%

Deppon Logistics Co Ltd Competitors by Market Cap

The table below lists competitors of Deppon Logistics Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,683,916,322 to 8,463,386,906, a change of 779,470,584 (10.1%).
  • Net income of 860,603,610 contributed positively to equity growth.
  • Dividend payments of 191,493,501 reduced retained earnings.
  • Other comprehensive income increased equity by 560,817,850.
  • Other factors decreased equity by 450,457,375.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥860.60 Million +10.17%
Dividends Paid CN¥191.49 Million -2.26%
Other Comprehensive Income CN¥560.82 Million +6.63%
Other Changes CN¥-450.46 Million -5.32%
Total Change CN¥- 10.14%

Book Value vs Market Value Analysis

This analysis compares Deppon Logistics 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: 2.26x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.77x to 2.26x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 CN¥24.42 CN¥18.85 x
2010-12-31 CN¥4.34 CN¥18.85 x
2011-12-31 CN¥0.87 CN¥18.85 x
2012-12-31 CN¥1.25 CN¥18.85 x
2013-12-31 CN¥1.57 CN¥18.85 x
2014-12-31 CN¥2.11 CN¥18.85 x
2015-12-31 CN¥2.48 CN¥18.85 x
2016-12-31 CN¥2.93 CN¥18.85 x
2017-12-31 CN¥3.60 CN¥18.85 x
2018-12-31 CN¥4.25 CN¥18.85 x
2019-12-31 CN¥4.59 CN¥18.85 x
2020-12-31 CN¥5.81 CN¥18.85 x
2021-12-31 CN¥6.32 CN¥18.85 x
2022-12-31 CN¥6.83 CN¥18.85 x
2023-12-31 CN¥7.52 CN¥18.85 x
2024-12-31 CN¥8.36 CN¥18.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Deppon Logistics 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): 10.17%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.13%
  • • Asset Turnover: 2.38x
  • • Equity Multiplier: 2.01x
  • Recent ROE (10.17%) is below the historical average (19.98%), 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 75.80% 7.65% 2.06x 4.80x CN¥66.37 Million
2010 20.73% 4.69% 2.28x 1.93x CN¥63.67 Million
2011 26.43% 4.56% 2.54x 2.28x CN¥122.85 Million
2012 35.11% 6.18% 2.94x 1.93x CN¥267.48 Million
2013 20.33% 3.15% 2.88x 2.24x CN¥138.08 Million
2014 26.08% 4.49% 3.42x 1.70x CN¥290.72 Million
2015 15.71% 2.61% 3.52x 1.71x CN¥122.60 Million
2016 15.04% 2.23% 2.98x 2.26x CN¥127.35 Million
2017 17.80% 2.69% 3.12x 2.12x CN¥239.49 Million
2018 17.40% 3.04% 2.80x 2.04x CN¥298.15 Million
2019 7.41% 1.25% 2.80x 2.12x CN¥-113.35 Million
2020 10.16% 2.05% 2.45x 2.02x CN¥8.66 Million
2021 2.28% 0.47% 1.97x 2.45x CN¥-501.44 Million
2022 9.50% 2.10% 2.09x 2.17x CN¥-34.51 Million
2023 9.70% 2.06% 2.06x 2.29x CN¥-22.68 Million
2024 10.17% 2.13% 2.38x 2.01x CN¥14.26 Million

Industry Comparison

This section compares Deppon Logistics Co Ltd's net assets metrics with peer companies in the Trucking industry.

Industry Context

  • Industry: Trucking
  • Average net assets among peers: $1,542,753,208
  • Average return on equity (ROE) among peers: 12.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Deppon Logistics Co Ltd (603056) CN¥8.05 Billion 75.80% 1.00x $418.96 Million
Dazhong Transportation Group Co Ltd A (600611) $2.23 Billion 8.42% 1.04x $1.22 Billion
Shanghai Jin Jiang International Industrial Investment Co Ltd A (600650) $3.79 Billion 5.85% 0.31x $655.58 Million
Shanghai Qiangsheng Holding Co Ltd (600662) $1.66 Billion 13.65% 0.75x $483.34 Million
Hengtong Logistic Co Ltd (603223) $206.78 Million 24.47% 1.33x $341.37 Million
Beijing Changjiu Logistics Ltd (603569) $785.80 Million 33.72% 1.20x $213.49 Million
GuangDong GenSho Logistics Co (603813) $586.17 Million -9.10% 1.25x $152.27 Million