Hapag Lloyd AG (HLAG) - Net Assets
Based on the latest financial reports, Hapag Lloyd AG (HLAG) has net assets worth €18.32 Billion EUR (≈ $21.42 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€29.90 Billion ≈ $34.96 Billion USD) and total liabilities (€11.58 Billion ≈ $13.54 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 Hapag Lloyd AG tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €18.32 Billion |
| % of Total Assets | 61.28% |
| Annual Growth Rate | 11.78% |
| 5-Year Change | 11.29% |
| 10-Year Change | 255.59% |
| Growth Volatility | 215.13 |
Hapag Lloyd AG - Net Assets Trend (2000–2025)
This chart illustrates how Hapag Lloyd AG's net assets have evolved over time, based on quarterly financial data. See HLAG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hapag Lloyd AG (2000–2025)
The table below shows the annual net assets of Hapag Lloyd AG from 2000 to 2025. For live valuation and market cap data, see Hapag Lloyd AG stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €17.99 Billion ≈ $21.03 Billion |
-13.20% |
| 2024-12-31 | €20.72 Billion ≈ $24.23 Billion |
+10.42% |
| 2023-12-31 | €18.77 Billion ≈ $21.94 Billion |
-32.76% |
| 2022-12-31 | €27.91 Billion ≈ $32.63 Billion |
+72.70% |
| 2021-12-31 | €16.16 Billion ≈ $18.90 Billion |
+140.41% |
| 2020-12-31 | €6.72 Billion ≈ $7.86 Billion |
+1.54% |
| 2019-12-31 | €6.62 Billion ≈ $7.74 Billion |
+5.77% |
| 2018-12-31 | €6.26 Billion ≈ $7.32 Billion |
+3.32% |
| 2017-12-31 | €6.06 Billion ≈ $7.08 Billion |
+19.77% |
| 2016-12-31 | €5.06 Billion ≈ $5.91 Billion |
+0.24% |
| 2015-12-31 | €5.05 Billion ≈ $5.90 Billion |
+21.02% |
| 2014-12-31 | €4.17 Billion ≈ $4.87 Billion |
+43.03% |
| 2013-12-31 | €2.92 Billion ≈ $3.41 Billion |
-6.39% |
| 2012-12-31 | €3.11 Billion ≈ $3.64 Billion |
-9.06% |
| 2011-12-31 | €3.42 Billion ≈ $4.00 Billion |
-0.53% |
| 2010-12-31 | €3.44 Billion ≈ $4.02 Billion |
+24.49% |
| 2009-12-31 | €2.77 Billion ≈ $3.23 Billion |
+268.72% |
| 2008-12-31 | €750.02 Million ≈ $876.85 Million |
+1086.01% |
| 2007-12-31 | €63.24 Million ≈ $73.93 Million |
0.00% |
| 2006-12-31 | €63.24 Million ≈ $73.93 Million |
+7.51% |
| 2005-12-31 | €58.82 Million ≈ $68.77 Million |
-90.91% |
| 2004-12-31 | €647.10 Million ≈ $756.53 Million |
-57.86% |
| 2003-12-31 | €1.54 Billion ≈ $1.80 Billion |
+11.95% |
| 2002-12-31 | €1.37 Billion ≈ $1.60 Billion |
+3.03% |
| 2001-12-31 | €1.33 Billion ≈ $1.56 Billion |
+14.35% |
| 2000-12-31 | €1.16 Billion ≈ $1.36 Billion |
+7.80% |
| 2000-09-30 | €1.08 Billion ≈ $1.26 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Hapag Lloyd AG'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 2595.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €15.67 Billion | 87.38% |
| Common Stock | €175.80 Million | 0.98% |
| Other Comprehensive Income | €-550.70 Million | -3.07% |
| Other Components | €2.64 Billion | 14.71% |
| Total Equity | €17.93 Billion | 100.00% |
Hapag Lloyd AG Competitors by Market Cap
The table below lists competitors of Hapag Lloyd AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wipro Limited
NSE:WIPRO
|
$20.69 Billion |
|
Vonovia SE
XETRA:VNA
|
$20.73 Billion |
|
Quest Diagnostics Incorporated
NYSE:DGX
|
$20.74 Billion |
|
Telia Company AB
ST:TELIA
|
$20.76 Billion |
|
Packaging Corp of America
NYSE:PKG
|
$20.65 Billion |
|
CyberArk Software Ltd
NASDAQ:CYBR
|
$20.64 Billion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
SA:AXIA3
|
$20.61 Billion |
|
KUAISHOU TECHNOLOGY CL.B
F:5Y0
|
$20.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hapag Lloyd AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,653,800,000 to 17,930,300,000, a change of -2,723,500,000 (-13.2%).
- Net income of 909,800,000 contributed positively to equity growth.
- Dividend payments of 1,440,400,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,327,499,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €909.80 Million | +5.07% |
| Dividends Paid | €1.44 Billion | -8.03% |
| Other Comprehensive Income | €-2.33 Billion | -12.98% |
| Other Changes | €134.60 Million | +0.75% |
| Total Change | €- | -13.19% |
Book Value vs Market Value Analysis
This analysis compares Hapag Lloyd AG'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: 1.12x
- 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 4.38x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | €26.08 | €114.10 | x |
| 2010-12-31 | €32.47 | €114.10 | x |
| 2011-12-31 | €32.29 | €114.10 | x |
| 2012-12-31 | €29.36 | €114.10 | x |
| 2013-12-31 | €27.47 | €114.10 | x |
| 2014-12-31 | €39.27 | €114.10 | x |
| 2015-12-31 | €46.63 | €114.10 | x |
| 2016-12-31 | €42.31 | €114.10 | x |
| 2017-12-31 | €40.79 | €114.10 | x |
| 2018-12-31 | €35.54 | €114.10 | x |
| 2019-12-31 | €37.58 | €114.10 | x |
| 2020-12-31 | €38.15 | €114.10 | x |
| 2021-12-31 | €91.86 | €114.10 | x |
| 2022-12-31 | €158.67 | €114.10 | x |
| 2023-12-31 | €106.32 | €114.10 | x |
| 2024-12-31 | €117.48 | €114.10 | x |
| 2025-12-31 | €101.99 | €114.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hapag Lloyd AG 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): 5.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.88%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.62x
- Recent ROE (5.07%) is below the historical average (8.54%), 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 | -14.53% | -12.08% | 0.59x | 2.03x | €-678.41 Million |
| 2010 | 12.42% | 6.89% | 0.94x | 1.91x | €83.35 Million |
| 2011 | -0.84% | -0.47% | 0.92x | 1.93x | €-371.21 Million |
| 2012 | -4.14% | -1.88% | 1.00x | 2.20x | €-440.32 Million |
| 2013 | -3.38% | -1.50% | 0.94x | 2.39x | €-389.54 Million |
| 2014 | -14.53% | -8.89% | 0.67x | 2.43x | €-1.02 Billion |
| 2015 | 2.21% | 1.26% | 0.80x | 2.20x | €-392.24 Million |
| 2016 | -1.91% | -1.25% | 0.68x | 2.24x | €-602.06 Million |
| 2017 | 0.45% | 0.27% | 0.67x | 2.45x | €-577.18 Million |
| 2018 | 0.59% | 0.32% | 0.75x | 2.45x | €-588.07 Million |
| 2019 | 5.48% | 2.87% | 0.78x | 2.45x | €-298.66 Million |
| 2020 | 13.82% | 7.26% | 0.84x | 2.26x | €256.08 Million |
| 2021 | 56.19% | 40.74% | 0.83x | 1.65x | €7.46 Billion |
| 2022 | 61.05% | 49.30% | 0.89x | 1.39x | €14.24 Billion |
| 2023 | 15.71% | 16.37% | 0.62x | 1.55x | €1.07 Billion |
| 2024 | 11.55% | 12.48% | 0.57x | 1.63x | €320.12 Million |
| 2025 | 5.07% | 4.88% | 0.64x | 1.62x | €-883.23 Million |
Industry Comparison
This section compares Hapag Lloyd AG's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $13,831,870,637
- Average return on equity (ROE) among peers: 24.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hapag Lloyd AG (HLAG) | €18.32 Billion | -14.53% | 0.63x | $20.67 Billion |
| 2020 Bulkers Ltd. (0FF) | $151.90 Million | 50.23% | 0.76x | $7.53 Million |
| EURODRY LTD. DL -01 (0LQ) | $102.51 Million | -4.16% | 1.07x | $52.61 Million |
| Qingdao Port International Co. Ltd (0QP) | $41.28 Billion | 10.96% | 0.39x | $1.03 Billion |
| ZIM Integrated Shipping Services Ltd. (2SV) | $274.45 Million | 188.74% | 9.29x | $2.63 Billion |
| HAV GROUP ASA (6HH) | $91.39 Million | 4.97% | 6.50x | $41.65 Million |
| MERCANTILE PORTS+LOGI.LTD (9KS0) | $73.63 Million | -28.82% | 0.72x | $178.16K |
| Ardmore Shipping Corporation (A61) | $506.44 Million | 27.34% | 0.43x | $651.21 Million |
| BW LPG Limited (BW9) | $1.60 Billion | 14.24% | 0.60x | $2.25 Billion |
| COSCO SHIPPING Holdings Co. Ltd (C6G) | $37.55 Billion | -26.38% | 2.19x | $5.09 Billion |
| A.P.MOELL-M.B U.ADR 1/200 (DP4H) | $56.70 Billion | 4.81% | 0.56x | $11.30 Billion |
About Hapag Lloyd AG
Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company in Germany, the United States, Asia, the rest of Europe, the Pacific, the Atlantic, Africa, and internationally. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for transporting dry and special cargo, dangerous goods, c… Read more