China Shipping Development Co Ltd
China Shipping Development Co Ltd operates in Diversified Metals & Mining.
China Shipping Development Co Ltd (HIFH) - Total Assets
Latest total assets as of December 2023: €72.08 Billion EUR
Based on the latest financial reports, China Shipping Development Co Ltd (HIFH) holds total assets worth €72.08 Billion EUR as of December 2023.
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.
China Shipping Development Co Ltd - Total Assets Trend (2016–2023)
This chart illustrates how China Shipping Development Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Shipping Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
China Shipping Development Co Ltd's total assets of €72.08 Billion consist of 13.1% current assets and 86.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.8% |
| Accounts Receivable | €582.60 Million | 0.8% |
| Inventory | €1.15 Billion | 1.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €29.73 Million | 0.0% |
| Goodwill | €73.33 Million | 0.1% |
Asset Composition Trend (2016–2023)
This chart illustrates how China Shipping Development 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Shipping Development Co Ltd's current assets represent 13.1% of total assets in 2023, a decrease from 15.5% in 2016.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2023, down from 11.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 1.6% of total assets.
China Shipping Development Co Ltd Competitors by Total Assets
Key competitors of China Shipping Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
China Shipping Development Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - China Shipping Development Co Ltd generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, China Shipping Development Co Ltd generates $ 4.65 in net profit.
China Shipping Development 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 | 1.09 | 0.79 | 0.71 |
| Quick Ratio | 0.95 | 0.67 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €742.86 Million | € -2.21 Billion | € -3.34 Billion |
China Shipping Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between China Shipping Development 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.6% |
| Total Assets | €72.08 Billion |
| Market Capitalization | $19.37K USD |
Valuation Analysis
Below Book Valuation: The market values China Shipping Development Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: China Shipping Development Co Ltd's assets grew by 5.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for China Shipping Development Co Ltd (2016–2023)
The table below shows the annual total assets of China Shipping Development Co Ltd from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €72.08 Billion | +5.62% |
| 2022-12-31 | €68.25 Billion | +14.92% |
| 2021-12-31 | €59.39 Billion | -9.96% |
| 2020-12-31 | €65.96 Billion | +0.18% |
| 2019-12-31 | €65.84 Billion | +3.82% |
| 2018-12-31 | €63.42 Billion | +5.02% |
| 2017-12-31 | €60.38 Billion | +4.07% |
| 2016-12-31 | €58.02 Billion | -- |