China Merchants Energy Shipping Co Ltd (601872) - Total Assets

Latest as of June 2025: CN¥77.88 Billion CNY ≈ $11.40 Billion USD

Based on the latest financial reports, China Merchants Energy Shipping Co Ltd (601872) holds total assets worth CN¥77.88 Billion CNY (≈ $11.40 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.

China Merchants Energy Shipping Co Ltd - Total Assets Trend (2004–2024)

This chart illustrates how China Merchants Energy Shipping Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see 601872 market cap overview for the company's overall valuation and market capitalisation.

China Merchants Energy Shipping Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

China Merchants Energy Shipping Co Ltd's total assets of CN¥77.88 Billion consist of 14.7% current assets and 85.3% non-current assets. Review how much debt does China Merchants Energy Shipping Co Ltd carry to assess the company's total debt and financial obligations.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	6.5%
Accounts Receivable	CN¥1.15 Billion	1.6%
Inventory	CN¥1.42 Billion	2.0%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥1.16 Billion	1.6%
Goodwill	CN¥43.62 Million	0.1%

Asset Composition Trend (2004–2024)

This chart illustrates how China Merchants Energy Shipping 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. See China Merchants Energy Shipping Co Ltd share price for real-time trading data and today's change.

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Key Asset Composition Facts

Current vs. Non-Current Assets: China Merchants Energy Shipping Co Ltd's current assets represent 14.7% of total assets in 2024, an increase from 0.0% in 2004.
Cash Position: Cash and equivalents constituted 6.5% of total assets in 2024, down from 17.3% in 2004.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2004.
Asset Diversification: The largest asset category is inventory at 2.0% of total assets.

China Merchants Energy Shipping Co Ltd Competitors by Total Assets

Key competitors of China Merchants Energy Shipping Co Ltd based on total assets are shown below.

Company	Country	Total Assets
South Bow Corporation TO:SOBO	Canada	CA$11.38 Billion
Gibson Energy Inc. TO:GEI	Canada	CA$5.07 Billion
Kinetik Holdings Inc NYSE:KNTK	USA	$7.11 Billion
Nanjing Tanker Corp SHG:601975	China	CN¥13.83 Billion
Transportadora de Gas del Norte SA Class C BA:TGNO4	Argentina	AR$1.47 Trillion
CMB.TECH NV BR:CMBT	Belgium	€8.37 Billion
Fluxys Belgium BR:FLUX	Belgium	€3.17 Billion
Enbridge Inc TO:ENB	Canada	CA$231.65 Billion

China Merchants Energy Shipping 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	0.56	0.76	1.46
Quick Ratio	0.51	0.68	1.37
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥-10.37 Billion	CN¥-3.90 Billion	CN¥5.45 Billion

China Merchants Energy Shipping Co Ltd - Advanced Valuation Insights

This section examines the relationship between China Merchants Energy Shipping 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	1.74
Latest Market Cap to Assets Ratio	0.36
Asset Growth Rate (YoY)	13.2%
Total Assets	CN¥70.62 Billion
Market Capitalization	$25.38 Billion USD

Valuation Analysis

Below Book Valuation: The market values China Merchants Energy Shipping Co Ltd's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: China Merchants Energy Shipping Co Ltd's assets grew by 13.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for China Merchants Energy Shipping Co Ltd (2004–2024)

The table below shows the annual total assets of China Merchants Energy Shipping Co Ltd from 2004 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥70.62 Billion ≈ $10.33 Billion	+13.18%
2023-12-31	CN¥62.39 Billion ≈ $9.13 Billion	-4.70%
2022-12-31	CN¥65.47 Billion ≈ $9.58 Billion	+8.87%
2021-12-31	CN¥60.14 Billion ≈ $8.80 Billion	+2.56%
2020-12-31	CN¥58.63 Billion ≈ $8.58 Billion	+6.96%
2019-12-31	CN¥54.82 Billion ≈ $8.02 Billion	+9.73%
2018-12-31	CN¥49.96 Billion ≈ $7.31 Billion	+32.19%
2017-12-31	CN¥37.79 Billion ≈ $5.53 Billion	-2.14%
2016-12-31	CN¥38.62 Billion ≈ $5.65 Billion	+23.61%
2015-12-31	CN¥31.24 Billion ≈ $4.57 Billion	+11.02%
2014-12-31	CN¥28.14 Billion ≈ $4.12 Billion	+66.50%
2013-12-31	CN¥16.90 Billion ≈ $2.47 Billion	-14.27%
2012-12-31	CN¥19.71 Billion ≈ $2.88 Billion	+19.52%
2011-12-31	CN¥16.49 Billion ≈ $2.41 Billion	+1.60%
2010-12-31	CN¥16.23 Billion ≈ $2.38 Billion	+10.72%
2009-12-31	CN¥14.66 Billion ≈ $2.15 Billion	+2.19%
2008-12-31	CN¥14.35 Billion ≈ $2.10 Billion	+10.04%
2007-12-31	CN¥13.04 Billion ≈ $1.91 Billion	+7.05%
2006-12-31	CN¥12.18 Billion ≈ $1.78 Billion	+48.18%
2005-12-31	CN¥8.22 Billion ≈ $1.20 Billion	+18.66%
2004-12-31	CN¥6.93 Billion ≈ $1.01 Billion	--

About China Merchants Energy Shipping Co Ltd

SHG:601872 China Oil & Gas Midstream

Market Cap

$25.38 Billion

CN¥173.44 Billion CNY

Market Cap Rank

#1063 Global

#75 in China

Share Price

CN¥21.48

Change (1 day)

-6.24%

52-Week Range

CN¥8.20 - CN¥22.91

All Time High

CN¥22.91