COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) - Total Assets
Based on the latest financial reports, COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) holds total assets worth €84.41 Billion EUR (≈ $98.68 Billion USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See HIFH net assets for net asset value and shareholders' equity analysis.
COSCO SHIPPING Energy Transportation Co. Ltd - Total Assets Trend (2013–2024)
This chart illustrates how COSCO SHIPPING Energy Transportation Co. Ltd's total assets have evolved over time, based on quarterly financial data.
COSCO SHIPPING Energy Transportation Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
COSCO SHIPPING Energy Transportation Co. Ltd's total assets of €84.41 Billion consist of 11.8% current assets and 88.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.0% |
| Accounts Receivable | €609.63 Million | 0.8% |
| Inventory | €1.33 Billion | 1.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €28.43 Million | 0.0% |
| Goodwill | €85.85 Million | 0.1% |
Asset Composition Trend (2013–2024)
This chart illustrates how COSCO SHIPPING Energy Transportation Co. Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see COSCO SHIPPING Energy Transportation Co. stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: COSCO SHIPPING Energy Transportation Co. Ltd's current assets represent 11.8% of total assets in 2024, an increase from 8.6% in 2013.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2024, up from 3.3% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 1.7% of total assets.
COSCO SHIPPING Energy Transportation Co. Ltd Competitors by Total Assets
Key competitors of COSCO SHIPPING Energy Transportation Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Excelerate Energy Inc
NYSE:EE
|
USA | $4.10 Billion |
|
Teekay Corporation
NYSE:TK
|
USA | $2.25 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.26 Trillion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.28 Billion |
|
Enbridge Inc
TO:ENB
|
Canada | CA$218.47 Billion |
|
TC Energy Corp
TO:TRP
|
Canada | CA$118.75 Billion |
|
Pembina Pipeline Corp
TO:PPL
|
Canada | CA$35.55 Billion |
COSCO SHIPPING Energy Transportation Co. Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.83 | 0.94 | 1.04 |
| Quick Ratio | 0.75 | 0.82 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-2.63 Billion | €-566.42 Million | €438.04 Million |
COSCO SHIPPING Energy Transportation Co. Ltd - Advanced Valuation Insights
This section examines the relationship between COSCO SHIPPING Energy Transportation Co. Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.11 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 12.4% |
| Total Assets | €81.04 Billion |
| Market Capitalization | $2.95 Billion USD |
Valuation Analysis
Below Book Valuation: The market values COSCO SHIPPING Energy Transportation Co. Ltd's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: COSCO SHIPPING Energy Transportation Co. Ltd's assets grew by 12.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for COSCO SHIPPING Energy Transportation Co. Ltd (2013–2024)
The table below shows the annual total assets of COSCO SHIPPING Energy Transportation Co. Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €81.04 Billion ≈ $94.75 Billion |
+12.43% |
| 2023-12-31 | €72.08 Billion ≈ $84.27 Billion |
+5.62% |
| 2022-12-31 | €68.25 Billion ≈ $79.79 Billion |
+14.92% |
| 2021-12-31 | €59.39 Billion ≈ $69.43 Billion |
-9.96% |
| 2020-12-31 | €65.96 Billion ≈ $77.11 Billion |
+0.18% |
| 2019-12-31 | €65.84 Billion ≈ $76.98 Billion |
+3.82% |
| 2018-12-31 | €63.42 Billion ≈ $74.14 Billion |
+5.02% |
| 2017-12-31 | €60.38 Billion ≈ $70.60 Billion |
+4.07% |
| 2016-12-31 | €58.02 Billion ≈ $67.83 Billion |
-32.20% |
| 2015-12-31 | €85.58 Billion ≈ $100.05 Billion |
+30.16% |
| 2014-12-31 | €65.75 Billion ≈ $76.87 Billion |
+11.74% |
| 2013-12-31 | €58.84 Billion ≈ $68.79 Billion |
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About COSCO SHIPPING Energy Transportation Co. Ltd
COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People's Republic of China and internationally. It also engages in the chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services. As of December 31, 2024, the company owned 159 oil tankers with a total ca… Read more