China Development Bank Financial Leasing Co. Ltd
China Development Bank Financial Leasing Co., Ltd. engages in the leasing business in the People's Republic of China. It operates through Aircraft Leasing, Regional Development Leasing, Ship Leasing, Inclusive Finance, and Green Energy and High-end Equipment Leasing segments. The Aircraft Leasing segment engages in the acquisition, leasing, management, and sale of commercial aircraft. The Regiona… Read more
China Development Bank Financial Leasing Co. Ltd (2C6) - Net Assets
Latest net assets as of June 2025: €41.62 Billion EUR
Based on the latest financial reports, China Development Bank Financial Leasing Co. Ltd (2C6) has net assets worth €41.62 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€417.73 Billion) and total liabilities (€376.11 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €41.62 Billion |
| % of Total Assets | 9.96% |
| Annual Growth Rate | 7.66% |
| 5-Year Change | 51.2% |
| 10-Year Change | N/A |
| Growth Volatility | 3.78 |
China Development Bank Financial Leasing Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how China Development Bank Financial Leasing Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Development Bank Financial Leasing Co. Ltd (2016–2024)
The table below shows the annual net assets of China Development Bank Financial Leasing Co. Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €40.26 Billion | +8.00% |
| 2023-12-31 | €37.28 Billion | +8.75% |
| 2022-12-31 | €34.28 Billion | +13.87% |
| 2021-12-31 | €30.11 Billion | +13.06% |
| 2020-12-31 | €26.63 Billion | +3.74% |
| 2019-12-31 | €25.67 Billion | +6.06% |
| 2018-12-31 | €24.20 Billion | +2.95% |
| 2017-12-31 | €23.51 Billion | +5.41% |
| 2016-12-31 | €22.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Development Bank Financial Leasing Co. Ltd'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 127.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €16.25 Billion | 40.35% |
| Other Components | €24.02 Billion | 59.65% |
| Total Equity | €40.26 Billion | 100.00% |
China Development Bank Financial Leasing Co. Ltd Competitors by Market Cap
The table below lists competitors of China Development Bank Financial Leasing Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Johnson Health Tech Co Ltd
TW:1736
|
$342.33 Million |
|
Korea Petro Chemical Ind
KO:006650
|
$342.33 Million |
|
SIGNATUREGLOBAL (INDIA) LIMITED
NSE:SIGNATURE
|
$342.43 Million |
|
Matrix Concepts Holdings Bhd
KLSE:5236
|
$342.47 Million |
|
China Aviation Oil (Singapore) Corporation Ltd
F:VZ8
|
$341.87 Million |
|
IGNITIS GRUPE SP.GDR/1
F:IGV
|
$341.86 Million |
|
Beijing Andawell Science & Technology Co Ltd Class A
SHE:300719
|
$341.81 Million |
|
Nu Skin Enterprises Inc
NYSE:NUS
|
$341.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Development Bank Financial Leasing Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,281,840,000 to 40,263,759,000, a change of 2,981,919,000 (8.0%).
- Net income of 4,502,988,000 contributed positively to equity growth.
- Dividend payments of 1,307,661,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.50 Billion | +11.18% |
| Dividends Paid | €1.31 Billion | -3.25% |
| Other Changes | €-213.41 Million | -0.53% |
| Total Change | €- | 8.00% |
Book Value vs Market Value Analysis
This analysis compares China Development Bank Financial Leasing Co. Ltd'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: 0.05x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €1.91 | €0.16 | x |
| 2019-12-31 | €2.03 | €0.16 | x |
| 2020-12-31 | €2.11 | €0.16 | x |
| 2021-12-31 | €2.38 | €0.16 | x |
| 2022-12-31 | €2.71 | €0.16 | x |
| 2023-12-31 | €2.95 | €0.16 | x |
| 2024-12-31 | €3.18 | €0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Development Bank Financial Leasing Co. Ltd 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): 11.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.70%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 10.08x
- Recent ROE (11.18%) is above the historical average (10.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.00% | 14.43% | 0.06x | 7.47x | €-668.83 Million |
| 2017 | 9.06% | 18.06% | 0.06x | 7.96x | €-219.93 Million |
| 2018 | 10.36% | 18.41% | 0.06x | 9.84x | €86.68 Million |
| 2019 | 11.45% | 17.78% | 0.06x | 10.18x | €371.20 Million |
| 2020 | 12.27% | 18.44% | 0.06x | 11.39x | €605.39 Million |
| 2021 | 13.03% | 18.36% | 0.06x | 11.35x | €911.54 Million |
| 2022 | 9.77% | 14.72% | 0.06x | 10.35x | €-77.27 Million |
| 2023 | 11.13% | 18.04% | 0.06x | 10.99x | €421.96 Million |
| 2024 | 11.18% | 17.70% | 0.06x | 10.08x | €476.61 Million |
Industry Comparison
This section compares China Development Bank Financial Leasing Co. Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $3,475,335,851
- Average return on equity (ROE) among peers: 16.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Development Bank Financial Leasing Co. Ltd (2C6) | €41.62 Billion | 7.00% | 9.04x | $341.98 Million |
| Redde Northgate PLC (21W) | $516.62 Million | 11.79% | 0.85x | $1.01 Billion |
| AMERCO (AUK) | $1.88 Billion | 18.93% | 2.65x | $4.29 Billion |
| Horizon Construction Development Limited (B7H) | $11.46 Billion | 7.82% | 2.18x | $127.53 Million |
| RESERVOIR CAPITAL (R0C) | $42.02 Million | 28.46% | 0.56x | $40.52 Million |