Hapag Lloyd AG (HLAG) - Net Assets
Based on the latest financial reports, Hapag Lloyd AG (HLAG) has net assets worth €17.81 Billion EUR (≈ $20.83 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 (€29.22 Billion ≈ $34.16 Billion USD) and total liabilities (€11.41 Billion ≈ $13.34 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €17.81 Billion |
| % of Total Assets | 60.96% |
| Annual Growth Rate | 12.95% |
| 5-Year Change | 208.26% |
| 10-Year Change | 310.67% |
| Growth Volatility | 218.9 |
Hapag Lloyd AG - Net Assets Trend (2000–2024)
This chart illustrates how Hapag Lloyd AG's net assets have evolved over time, based on quarterly financial data. Also explore HLAG current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Hapag Lloyd AG (2000–2024)
The table below shows the annual net assets of Hapag Lloyd AG from 2000 to 2024. For live valuation and market cap data, see Hapag Lloyd AG stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 2663.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €16.06 Billion | 77.78% |
| Common Stock | €175.80 Million | 0.85% |
| Other Comprehensive Income | €1.78 Billion | 8.60% |
| Other Components | €2.64 Billion | 12.77% |
| Total Equity | €20.65 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
F:WIOA
|
$21.18 Billion |
|
China Everbright Bank Co Ltd
SHG:601818
|
$21.19 Billion |
|
Royalty Pharma Plc
NASDAQ:RPRX
|
$21.19 Billion |
|
Laboratory Corporation of America Holdings
NYSE:LH
|
$21.21 Billion |
|
Norsk Hydro ASA
OL:NHY
|
$21.14 Billion |
|
T. Rowe Price Group Inc
NASDAQ:TROW
|
$21.13 Billion |
|
JB Hunt Transport Services Inc
NASDAQ:JBHT
|
$21.12 Billion |
|
Tenaris SA ADR
NYSE:TS
|
$21.10 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 2023 to 2024, total equity changed from 18,690,600,000 to 20,653,800,000, a change of 1,963,200,000 (10.5%).
- Net income of 2,385,500,000 contributed positively to equity growth.
- Dividend payments of 1,639,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,205,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.39 Billion | +11.55% |
| Dividends Paid | €1.64 Billion | -7.94% |
| Other Comprehensive Income | €1.21 Billion | +5.83% |
| Other Changes | €12.20 Million | +0.06% |
| Total Change | €- | 10.50% |
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: 0.94x
- 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 4.23x to 0.94x 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 | €110.20 | x |
| 2010-12-31 | €32.47 | €110.20 | x |
| 2011-12-31 | €32.29 | €110.20 | x |
| 2012-12-31 | €29.36 | €110.20 | x |
| 2013-12-31 | €27.47 | €110.20 | x |
| 2014-12-31 | €39.27 | €110.20 | x |
| 2015-12-31 | €46.63 | €110.20 | x |
| 2016-12-31 | €42.31 | €110.20 | x |
| 2017-12-31 | €40.79 | €110.20 | x |
| 2018-12-31 | €35.54 | €110.20 | x |
| 2019-12-31 | €37.58 | €110.20 | x |
| 2020-12-31 | €38.15 | €110.20 | x |
| 2021-12-31 | €91.86 | €110.20 | x |
| 2022-12-31 | €158.67 | €110.20 | x |
| 2023-12-31 | €106.32 | €110.20 | x |
| 2024-12-31 | €117.48 | €110.20 | 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): 11.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.48%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.63x
- Recent ROE (11.55%) is above the historical average (8.76%), indicating improving 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 |
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: $29,035,077,388
- Average return on equity (ROE) among peers: 22.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hapag Lloyd AG (HLAG) | €17.81 Billion | -14.53% | 0.64x | $21.17 Billion |
| 2020 Bulkers Ltd. (0FF) | $142.10 Million | 7.81% | 1.78x | $9.47 Million |
| Qingdao Port International Co. Ltd (0QP) | $44.54 Billion | 11.05% | 0.35x | $1.04 Billion |
| ZIM Integrated Shipping Services Ltd. (2SV) | $4.60 Billion | 100.89% | 1.14x | $3.05 Billion |
| HAV GROUP ASA (6HH) | $86.50 Million | -42.84% | 5.95x | $28.14 Million |
| Ardmore Shipping Corporation (A61) | $346.58 Million | -12.39% | 1.44x | $534.92 Million |
| BW LPG Limited (BW9) | $1.59 Billion | 29.63% | 0.59x | $2.25 Billion |
| COSCO SHIPPING Holdings Co. Ltd (C6G) | $178.86 Billion | 49.93% | 1.31x | $5.09 Billion |
| A.P.MOELL-M.B U.ADR 1/200 (DP4H) | $57.95 Billion | 10.54% | 0.51x | $11.30 Billion |
| PERFORMANCE SHIPP. (DS2) | $155.71 Million | 23.31% | 0.88x | $19.94 Million |
| DANAOS CORP. DL -01 (DVW1) | $2.09 Billion | 50.42% | 0.74x | $1.82 Billion |
About Hapag Lloyd AG
Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates in Liner Shipping and Terminal & Infrastructure segments. The company's vessel and container fleets used for transporting dry and special cargo, dangerous goods, and coffee, as well as reefer cargo. It also provides bilateral EDI, a directly connected electronic data interch… Read more