BOC Hong Kong (Holdings) Limited
BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payro… Read more
BOC Hong Kong (Holdings) Limited (BOF) - Net Assets
Latest net assets as of June 2025: €351.05 Billion EUR
Based on the latest financial reports, BOC Hong Kong (Holdings) Limited (BOF) has net assets worth €351.05 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 (€4.40 Trillion) and total liabilities (€4.05 Trillion). 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 | €351.05 Billion |
| % of Total Assets | 7.98% |
| Annual Growth Rate | 6.97% |
| 5-Year Change | 7.06% |
| 10-Year Change | 70.97% |
| Growth Volatility | 5.38 |
BOC Hong Kong (Holdings) Limited - Net Assets Trend (2013–2024)
This chart illustrates how BOC Hong Kong (Holdings) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BOC Hong Kong (Holdings) Limited (2013–2024)
The table below shows the annual net assets of BOC Hong Kong (Holdings) Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €342.23 Billion | +5.81% |
| 2023-12-31 | €323.43 Billion | -2.54% |
| 2022-12-31 | €331.85 Billion | +1.34% |
| 2021-12-31 | €327.46 Billion | +2.44% |
| 2020-12-31 | €319.65 Billion | +3.96% |
| 2019-12-31 | €307.49 Billion | +7.93% |
| 2018-12-31 | €284.91 Billion | +15.19% |
| 2017-12-31 | €247.34 Billion | +7.28% |
| 2016-12-31 | €230.56 Billion | +15.18% |
| 2015-12-31 | €200.16 Billion | +10.30% |
| 2014-12-31 | €181.47 Billion | +11.33% |
| 2013-12-31 | €163.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BOC Hong Kong (Holdings) Limited'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 260.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €251.14 Billion | 74.15% |
| Other Components | €87.57 Billion | 25.85% |
| Total Equity | €338.72 Billion | 100.00% |
BOC Hong Kong (Holdings) Limited Competitors by Market Cap
The table below lists competitors of BOC Hong Kong (Holdings) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samsung C&T Corp
KO:028260
|
$16.70 Billion |
|
PT Bank Rakyat Indonesia (Persero) Tbk
PINK:BKRKF
|
$16.78 Billion |
|
Qinghai Salt Lake Industry Co.Ltd
SHE:000792
|
$16.80 Billion |
|
Koninklijke KPN N.V
PINK:KKPNF
|
$16.81 Billion |
|
COREM PROPERTY GRP CL.D
F:BJV
|
$16.65 Billion |
|
Arm Holdings plc American Depositary Shares
NASDAQ:ARM
|
$16.65 Billion |
|
BANDAI NAMCO Holdings Inc
PINK:NCBDF
|
$16.62 Billion |
|
Hologic Inc
NASDAQ:HOLX
|
$16.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BOC Hong Kong (Holdings) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 320,145,000,000 to 338,716,000,000, a change of 18,571,000,000 (5.8%).
- Net income of 38,233,000,000 contributed positively to equity growth.
- Dividend payments of 18,132,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €38.23 Billion | +11.29% |
| Dividends Paid | €18.13 Billion | -5.35% |
| Other Changes | €-1.53 Billion | -0.45% |
| Total Change | €- | 5.80% |
Book Value vs Market Value Analysis
This analysis compares BOC Hong Kong (Holdings) Limited'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: 0.14x
- 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 | €22.96 | €4.52 | x |
| 2018-12-31 | €26.53 | €4.52 | x |
| 2019-12-31 | €28.59 | €4.52 | x |
| 2020-12-31 | €29.68 | €4.52 | x |
| 2021-12-31 | €30.41 | €4.52 | x |
| 2022-12-31 | €30.88 | €4.52 | x |
| 2023-12-31 | €30.28 | €4.52 | x |
| 2024-12-31 | €32.04 | €4.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BOC Hong Kong (Holdings) Limited 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): 11.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 53.22%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 12.38x
- Recent ROE (11.29%) is below the historical average (12.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.01% | 56.22% | 0.02x | 12.89x | €6.37 Billion |
| 2014 | 13.91% | 65.13% | 0.02x | 12.39x | €6.91 Billion |
| 2015 | 13.85% | 68.32% | 0.02x | 12.24x | €7.51 Billion |
| 2016 | 24.71% | 103.63% | 0.02x | 10.36x | €33.04 Billion |
| 2017 | 12.80% | 45.90% | 0.03x | 10.90x | €6.80 Billion |
| 2018 | 11.61% | 47.55% | 0.02x | 10.53x | €4.53 Billion |
| 2019 | 11.11% | 41.96% | 0.03x | 10.01x | €3.35 Billion |
| 2020 | 8.88% | 37.14% | 0.02x | 10.58x | €-3.51 Billion |
| 2021 | 7.57% | 37.30% | 0.02x | 11.32x | €-7.80 Billion |
| 2022 | 8.71% | 40.44% | 0.02x | 11.29x | €-4.21 Billion |
| 2023 | 10.66% | 48.97% | 0.02x | 12.08x | €2.10 Billion |
| 2024 | 11.29% | 53.22% | 0.02x | 12.38x | €4.36 Billion |
Industry Comparison
This section compares BOC Hong Kong (Holdings) Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,591,160,037,000
- Average return on equity (ROE) among peers: 8.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BOC Hong Kong (Holdings) Limited (BOF) | €351.05 Billion | 14.01% | 11.53x | $16.66 Billion |
| PT Bank Sinarmas Tbk (08S) | $7.83 Trillion | 0.97% | 5.72x | $340.12 Million |
| Seven Bank Ltd (0S7) | $153.41 Billion | 13.84% | 4.15x | $643.65 Million |
| Aktia Pankki Oyj (2A41) | $741.85 Million | 10.23% | 15.05x | $486.03 Million |
| Bank of Zhengzhou Co. Ltd (3BZ) | $37.86 Billion | 8.08% | 11.31x | $728.69 Million |
| TowneBank (3T8) | $2.06 Billion | 7.48% | 7.19x | $2.11 Billion |
| TISCO Financial Group PCL (47T) | $42.79 Billion | 16.88% | 5.20x | $2.07 Billion |
| Fukuoka Financial Group Inc (4FK) | $929.59 Billion | 7.76% | 33.71x | $6.27 Billion |
| PT Bank KB Bukopin Tbk (5BB) | $6.76 Trillion | 2.00% | 14.75x | $15.54 Million |
| FIDEA Holdings Co. Ltd (5F9) | $111.94 Billion | 4.13% | 24.43x | $179.31 Million |
| Harbin Bank Co. Ltd (5H6) | $47.49 Billion | 11.68% | 11.96x | $87.27 Million |