China Huarong Asset Management Co. Ltd (CHE) - Net Assets
Based on the latest financial reports, China Huarong Asset Management Co. Ltd (CHE) has net assets worth €52.93 Billion EUR (≈ $61.88 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 (€1.01 Trillion ≈ $1.18 Trillion USD) and total liabilities (€958.00 Billion ≈ $1.12 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. Check China Huarong Asset Management Co. Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €52.93 Billion |
| % of Total Assets | 5.24% |
| Annual Growth Rate | -0.49% |
| 5-Year Change | -69.56% |
| 10-Year Change | -40.42% |
| Growth Volatility | 32.01 |
China Huarong Asset Management Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how China Huarong Asset Management Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CHE total assets for the complete picture of this company's asset base.
Annual Net Assets for China Huarong Asset Management Co. Ltd (2013–2024)
The table below shows the annual net assets of China Huarong Asset Management Co. Ltd from 2013 to 2024. For live valuation and market cap data, see CHE market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €49.76 Billion ≈ $58.18 Billion |
+3.60% |
| 2023-12-31 | €48.04 Billion ≈ $56.16 Billion |
-5.34% |
| 2022-12-31 | €50.74 Billion ≈ $59.33 Billion |
-52.20% |
| 2021-12-31 | €106.16 Billion ≈ $124.11 Billion |
-35.06% |
| 2019-12-31 | €163.48 Billion ≈ $191.12 Billion |
-3.04% |
| 2018-12-31 | €168.60 Billion ≈ $197.12 Billion |
-7.68% |
| 2017-12-31 | €182.63 Billion ≈ $213.52 Billion |
+21.69% |
| 2016-12-31 | €150.08 Billion ≈ $175.46 Billion |
+26.33% |
| 2015-12-31 | €118.80 Billion ≈ $138.89 Billion |
+42.22% |
| 2014-12-31 | €83.53 Billion ≈ $97.66 Billion |
+59.01% |
| 2013-12-31 | €52.53 Billion ≈ $61.42 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to China Huarong Asset Management 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 620.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €134.21 Billion | 237.56% |
| Total Equity | €56.50 Billion | 100.00% |
China Huarong Asset Management Co. Ltd Competitors by Market Cap
The table below lists competitors of China Huarong Asset Management Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Varonis Systems
NASDAQ:VRNS
|
$3.02 Billion |
|
GKG Precision Machine Co. Ltd. A
SHE:301338
|
$3.02 Billion |
|
Kesko Oyj
HE:KESKOA
|
$3.02 Billion |
|
Aperam SA
MC:APAM
|
$3.02 Billion |
|
Feilong Auto Components Co Ltd
SHE:002536
|
$3.02 Billion |
|
Valeo SA
PA:FR
|
$3.02 Billion |
|
ZF Commercial Vehicle Control Systems India Limited
NSE:ZFCVINDIA
|
$3.02 Billion |
|
Metro Brands Limited
NSE:METROBRAND
|
$3.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Huarong Asset Management Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 47,995,361,000 to 56,495,598,000, a change of 8,500,237,000 (17.7%).
- Net income of 9,618,368,000 contributed positively to equity growth.
- Other factors decreased equity by 1,118,131,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €9.62 Billion | +17.02% |
| Other Changes | €-1.12 Billion | -1.98% |
| Total Change | €- | 17.71% |
Book Value vs Market Value Analysis
This analysis compares China Huarong Asset Management 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: 0.10x
- 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 | €3.28 | €0.07 | x |
| 2018-12-31 | €3.09 | €0.07 | x |
| 2019-12-31 | €3.10 | €0.07 | x |
| 2021-12-31 | €0.77 | €0.07 | x |
| 2022-12-31 | €0.62 | €0.07 | x |
| 2023-12-31 | €0.60 | €0.07 | x |
| 2024-12-31 | €0.70 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Huarong Asset Management 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): 17.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 96.07%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 17.42x
- Recent ROE (17.02%) is above the historical average (4.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.63% | 41.93% | 0.05x | 9.73x | €4.46 Billion |
| 2014 | 15.04% | 38.27% | 0.05x | 8.47x | €3.57 Billion |
| 2015 | 14.02% | 36.86% | 0.05x | 8.29x | €4.20 Billion |
| 2016 | 17.02% | 44.75% | 0.03x | 12.25x | €8.09 Billion |
| 2017 | 17.16% | 41.47% | 0.03x | 14.59x | €9.18 Billion |
| 2018 | 1.31% | 6.96% | 0.01x | 14.18x | €-10.49 Billion |
| 2019 | 1.17% | 5.41% | 0.02x | 14.06x | €-10.70 Billion |
| 2021 | 0.62% | 1.63% | 0.01x | 25.54x | €-5.77 Billion |
| 2022 | -55.90% | -5781.86% | 0.00x | 19.41x | €-32.52 Billion |
| 2023 | 3.68% | 22.68% | 0.01x | 20.17x | €-3.03 Billion |
| 2024 | 17.02% | 96.07% | 0.01x | 17.42x | €3.97 Billion |
Industry Comparison
This section compares China Huarong Asset Management Co. Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $21,990,553,654
- Average return on equity (ROE) among peers: -99.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Huarong Asset Management Co. Ltd (CHE) | €52.93 Billion | 20.63% | 18.10x | $3.02 Billion |
| China Cinda Asset Management Co., Ltd. (0CI) | $201.78 Billion | 5.98% | 6.75x | $1.86 Billion |
| Quinsam Capital Corporation (0Q4) | $43.43 Million | 24.38% | 0.11x | $2.41 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $7.49 Million |
| HELIOS FAIRFAX PARTNERS (3UD) | $415.94 Million | -14.13% | 0.05x | $92.04 Million |
| ALEXANDRIA PANKKIIRILIIKE (3ZL) | $34.31 Million | 23.48% | 0.31x | $104.59 Million |
| HAMILTON GLB.OPP.LS-0001 (5DS) | $13.55 Million | -5.77% | 0.03x | $26.89 Million |
| EAT WELL INVESTMENT GROUP (6BC0) | $7.47 Million | -925.64% | 5.74x | $18.57 Million |
| Victory Square Technologies Inc (6F6) | $8.65 Million | -85.77% | 0.53x | $47.76 Million |
| Noah Holdings Limited (6NO) | $10.43 Billion | 9.68% | 0.22x | $634.01 Million |
| CHINA RENAISSANCE HLDGS (6RN) | $7.18 Billion | -6.58% | 0.30x | $223.61 Million |
About China Huarong Asset Management Co. Ltd
China CITIC Financial Asset Management Co., Ltd., together with its subsidiaries, operates as a financial asset management company in Mainland China and Hong Kong. It operates through Distressed Asset Management, Financial Services, and Asset Management and Investment segments. The company engages in the acquisition of, management, investment, and disposal services through entrustment of both fin… Read more