Shengjing Bank Co. Ltd (6SY) - Net Assets
Based on the latest financial reports, Shengjing Bank Co. Ltd (6SY) has net assets worth €80.45 Billion EUR (≈ $94.05 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.13 Trillion ≈ $1.32 Trillion USD) and total liabilities (€1.05 Trillion ≈ $1.22 Trillion 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. Read 6SY current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €80.45 Billion |
| % of Total Assets | 7.13% |
| Annual Growth Rate | 6.31% |
| 5-Year Change | 0.19% |
| 10-Year Change | N/A |
| Growth Volatility | 13.33 |
Shengjing Bank Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Shengjing Bank Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shengjing Bank Co. Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Shengjing Bank Co. Ltd (2017–2024)
The table below shows the annual net assets of Shengjing Bank Co. Ltd from 2017 to 2024. For live valuation and market cap data, see Shengjing Bank Co. Ltd (6SY) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €80.20 Billion ≈ $93.76 Billion |
+0.38% |
| 2023-12-31 | €79.89 Billion ≈ $93.41 Billion |
-1.89% |
| 2022-12-31 | €81.44 Billion ≈ $95.21 Billion |
+1.16% |
| 2021-12-31 | €80.50 Billion ≈ $94.12 Billion |
+0.57% |
| 2020-12-31 | €80.05 Billion ≈ $93.58 Billion |
+1.17% |
| 2019-12-31 | €79.12 Billion ≈ $92.50 Billion |
+38.74% |
| 2018-12-31 | €57.03 Billion ≈ $66.67 Billion |
+9.14% |
| 2017-12-31 | €52.26 Billion ≈ $61.09 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Shengjing Bank 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 decreased by 30.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €24.07 Billion | 30.24% |
| Other Components | €55.54 Billion | 69.76% |
| Total Equity | €79.61 Billion | 100.00% |
Shengjing Bank Co. Ltd Competitors by Market Cap
The table below lists competitors of Shengjing Bank Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dirui Industrial Co Ltd
SHE:300396
|
$462.49 Million |
|
China Zhonghua Geotechnical Engineering Co Ltd
SHE:002542
|
$462.51 Million |
|
APAQ Technology Co Ltd
TW:6449
|
$462.61 Million |
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
$462.71 Million |
|
Prosperity Dielectrics Co Ltd
TWO:6173
|
$462.24 Million |
|
Gemtek Technology Co Ltd
TW:4906
|
$462.07 Million |
|
Top Gum Industries Ltd
TA:TPGM
|
$461.88 Million |
|
Magnum Bhd
KLSE:3859
|
$461.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shengjing Bank Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 79,330,169,000 to 79,613,914,000, a change of 283,745,000 (0.4%).
- Net income of 621,050,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €621.05 Million | +0.78% |
| Other Changes | €-337.31 Million | -0.42% |
| Total Change | €- | 0.36% |
Book Value vs Market Value Analysis
This analysis compares Shengjing Bank 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: 0.02x
- 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 |
|---|---|---|---|
| 2017-12-31 | €1.78 | €0.17 | x |
| 2018-12-31 | €1.95 | €0.17 | x |
| 2019-12-31 | €8.93 | €0.17 | x |
| 2020-12-31 | €9.03 | €0.17 | x |
| 2021-12-31 | €9.08 | €0.17 | x |
| 2022-12-31 | €9.18 | €0.17 | x |
| 2023-12-31 | €9.02 | €0.17 | x |
| 2024-12-31 | €9.05 | €0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shengjing Bank 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): 0.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.24%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 14.10x
- Recent ROE (0.78%) is below the historical average (4.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 14.67% | 57.27% | 0.01x | 19.94x | €2.41 Billion |
| 2018 | 9.08% | 32.29% | 0.02x | 17.45x | €-517.07 Million |
| 2019 | 6.93% | 25.49% | 0.02x | 13.00x | €-2.41 Billion |
| 2020 | 1.52% | 8.55% | 0.01x | 13.06x | €-6.74 Billion |
| 2021 | 0.50% | 2.84% | 0.01x | 12.60x | €-7.59 Billion |
| 2022 | 1.21% | 7.80% | 0.01x | 13.40x | €-7.10 Billion |
| 2023 | 0.92% | 9.25% | 0.01x | 13.61x | €-7.20 Billion |
| 2024 | 0.78% | 8.24% | 0.01x | 14.10x | €-7.34 Billion |
Industry Comparison
This section compares Shengjing Bank Co. Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $5,170,327,902,600
- Average return on equity (ROE) among peers: 10.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shengjing Bank Co. Ltd (6SY) | €80.45 Billion | 14.67% | 13.02x | $462.48 Million |
| Grupo Supervielle S.A (189A) | $341.65 Billion | 32.90% | 5.02x | $610.24 Million |
| Bank of Zhengzhou Co. Ltd (3BZ) | $56.29 Billion | 3.33% | 11.01x | $252.75 Million |
| Manx Financial Group PLC (3IM) | $29.77 Million | 14.55% | 11.74x | $31.55 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $1.03 Trillion | 8.38% | 15.56x | $12.54 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $1.03 Trillion | 8.38% | 15.56x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $41.20 Billion | 16.47% | 4.91x | $2.49 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $26.12 Billion | 7.27% | 10.72x | $1.47 Billion |
| Harbin Bank Co. Ltd (5H6) | $51.11 Billion | 1.46% | 10.71x | $137.86 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.65 Trillion | 3.37% | 22.79x | $53.42 Billion |
| Grupo Aval Acciones y Valores S.A (6GAA) | $39.47 Trillion | 8.35% | 8.30x | $1.61 Billion |
About Shengjing Bank Co. Ltd
Shengjing Bank Co., Ltd., together with its subsidiaries, offers banking products and related financial services in Mainland China. It operates through Corporate Banking, Retail Banking, and Treasury Business segments. The Corporate Banking segment provides corporate loans and advances, trade financing and deposit taking services, agency services, and remittance and settlement services to corpora… Read more