China Galaxy Securities Co Ltd (CGL) - Net Assets
Based on the latest financial reports, China Galaxy Securities Co Ltd (CGL) has net assets worth €144.15 Billion EUR (≈ $168.53 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 (€781.74 Billion ≈ $913.94 Billion USD) and total liabilities (€637.59 Billion ≈ $745.41 Billion 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 CGL current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €144.15 Billion |
| % of Total Assets | 18.44% |
| Annual Growth Rate | 12.38% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.26 |
China Galaxy Securities Co Ltd - Net Assets Trend (2021–2024)
This chart illustrates how China Galaxy Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore China Galaxy Securities Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for China Galaxy Securities Co Ltd (2021–2024)
The table below shows the annual net assets of China Galaxy Securities Co Ltd from 2021 to 2024. For live valuation and market cap data, see China Galaxy Securities Co Ltd (CGL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €140.50 Billion ≈ $164.26 Billion |
+7.67% |
| 2023-12-31 | €130.49 Billion ≈ $152.56 Billion |
+27.16% |
| 2022-12-31 | €102.62 Billion ≈ $119.98 Billion |
+3.68% |
| 2021-12-31 | €98.98 Billion ≈ $115.72 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to China Galaxy Securities 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 22.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €32.85 Billion | 23.38% |
| Other Components | €107.63 Billion | 76.62% |
| Total Equity | €140.48 Billion | 100.00% |
China Galaxy Securities Co Ltd Competitors by Market Cap
The table below lists competitors of China Galaxy Securities Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grandblue Environment Co Ltd
SHG:600323
|
$3.82 Billion |
|
Carnival Corporation & plc
F:POH1
|
$3.82 Billion |
|
Chipbond Technology
TWO:6147
|
$3.82 Billion |
|
Torex Gold Resources Inc
TO:TXG
|
$3.82 Billion |
|
Jointown Pharmaceutical Group Co Ltd
SHG:600998
|
$3.81 Billion |
|
Ajanta Pharma Limited
NSE:AJANTPHARM
|
$3.81 Billion |
|
Peyto Exploration&Development Corp
TO:PEY
|
$3.81 Billion |
|
Kenon Holdings
TA:KEN
|
$3.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Galaxy Securities Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 130,466,361,000 to 140,480,735,000, a change of 10,014,374,000 (7.7%).
- Net income of 10,030,838,000 contributed positively to equity growth.
- Dividend payments of 4,275,654,000 reduced retained earnings.
- Other factors increased equity by 4,259,190,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.03 Billion | +7.14% |
| Dividends Paid | €4.28 Billion | -3.04% |
| Other Changes | €4.26 Billion | +3.03% |
| Total Change | €- | 7.68% |
Book Value vs Market Value Analysis
This analysis compares China Galaxy Securities 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: 0.07x
- 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 |
|---|---|---|---|
| 2021-12-31 | €9.76 | €0.89 | x |
| 2022-12-31 | €10.12 | €0.89 | x |
| 2023-12-31 | €11.93 | €0.89 | x |
| 2024-12-31 | €12.85 | €0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Galaxy Securities 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): 7.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.35%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 5.25x
- Recent ROE (7.14%) is below the historical average (7.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.54% | 45.86% | 0.04x | 5.66x | €534.66 Million |
| 2022 | 7.57% | 42.31% | 0.03x | 6.09x | €-2.49 Billion |
| 2023 | 6.04% | 42.36% | 0.03x | 5.08x | €-5.17 Billion |
| 2024 | 7.14% | 44.35% | 0.03x | 5.25x | €-4.02 Billion |
Industry Comparison
This section compares China Galaxy Securities Co Ltd's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $512,242,585,408
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Galaxy Securities Co Ltd (CGL) | €144.15 Billion | 10.54% | 4.42x | $3.82 Billion |
| GEORGIA CAPITAL LS 001 (2IX) | $3.38 Billion | 18.01% | 0.00x | $1.47 Billion |
| AMP Limited (AMP) | $4.17 Billion | 9.28% | 7.38x | $2.03 Billion |
| JDC Group AG (JDC) | $46.96 Million | 13.62% | 4.79x | $257.61K |
| Netfonds AG (NF4) | $10.72 Million | -2.68% | 4.25x | $105.32 Million |
| Orix Corp Ads (OIXA) | $3.07 Trillion | 9.89% | 3.26x | $32.07 Billion |
| ÖKOWORLD AG (VVV3) | $13.32 Million | 11.62% | 0.38x | $92.17 Million |
About China Galaxy Securities Co Ltd
China Galaxy Securities Co., Ltd., together with its subsidiaries, provides various financial services in China, Hong Kong, and internationally. The company operates through six segments: Wealth Management, Investment Banking, Institutional Business, International Business, Investment and Trading Business, and Parent-Subsidiary Integration Business. It offers agency trading of stocks, funds, bond… Read more