CITIC Securities Company Limited Net Assets
CITIC Securities Company Limited net assets. Based on the latest financial reports, CITIC Securities Company Limited (CI9) has net assets worth €340.26 Billion EUR (≈ $397.79 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.24 Trillion ≈ $2.62 Trillion USD) and total liabilities (€1.90 Trillion ≈ $2.23 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. Also explore CITIC Securities Company Limited net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €340.26 Billion |
| % of Total Assets | 15.16% |
| Annual Growth Rate | 11.22% |
| 5-Year Change | 52.39% |
| 10-Year Change | 123.49% |
| Growth Volatility | 10.43 |
Net Assets of CITIC Securities Company Limited (2014–2025)
Net assets of CITIC Securities Company Limited from 2014 to 2025. This chart illustrates how CITIC Securities Company Limited's net assets have evolved over time, based on quarterly financial data. See CITIC Securities Company Limited net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for CITIC Securities Company Limited (2014–2025)
The table below shows the annual net assets of CITIC Securities Company Limited from 2014 to 2025. For live market cap and overall valuation, see CITIC Securities Company Limited (CI9) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €325.82 Billion ≈ $380.92 Billion |
+9.06% |
| 2024-12-31 | €298.77 Billion ≈ $349.29 Billion |
+8.96% |
| 2023-12-31 | €274.20 Billion ≈ $320.57 Billion |
+6.13% |
| 2022-12-31 | €258.37 Billion ≈ $302.06 Billion |
+20.84% |
| 2021-12-31 | €213.81 Billion ≈ $249.96 Billion |
+15.02% |
| 2020-12-31 | €185.88 Billion ≈ $217.32 Billion |
+12.35% |
| 2019-12-31 | €165.45 Billion ≈ $193.43 Billion |
+5.50% |
| 2018-12-31 | €156.83 Billion ≈ $183.35 Billion |
+2.41% |
| 2017-12-31 | €153.14 Billion ≈ $179.04 Billion |
+5.04% |
| 2016-12-31 | €145.79 Billion ≈ $170.44 Billion |
+2.86% |
| 2015-12-31 | €141.74 Billion ≈ $165.71 Billion |
+40.15% |
| 2014-12-31 | €101.13 Billion ≈ $118.23 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to CITIC Securities Company 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 112.6% over the analyzed period, indicating profitable operations and earnings retention.
CITIC Securities Company Limited Net Assets Breakdown (December 2025)
CITIC Securities Company Limited net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €113.00 Billion | 35.32% |
| Other Components | €206.93 Billion | 64.68% |
| Total Equity | €319.93 Billion | 100.00% |
CITIC Securities Company Limited Competitors by Market Cap
The table below lists competitors of CITIC Securities Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dabur India Limited
NSE:DABUR
|
$7.17 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
$7.18 Billion |
|
Pepco Group B.V.
WAR:PCO
|
$7.18 Billion |
|
VinFast Auto Ltd. Ordinary Shares
NASDAQ:VFS
|
$7.18 Billion |
|
HealthEquity Inc
NASDAQ:HQY
|
$7.17 Billion |
|
Shenzhen Envicool Technology Co Ltd
SHE:002837
|
$7.16 Billion |
|
Shandong Nanshan Aluminium Co Ltd
SHG:600219
|
$7.16 Billion |
|
HITACHI CONSTR.MACH.ADR/2
F:HCMA
|
$7.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CITIC Securities Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 293,108,725,612 to 319,930,442,479, a change of 26,821,716,867 (9.2%).
- Net income of 30,076,100,952 contributed positively to equity growth.
- Dividend payments of 11,682,287,209 reduced retained earnings.
- Other factors increased equity by 8,427,903,124.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €30.08 Billion | +9.4% |
| Dividends Paid | €11.68 Billion | -3.65% |
| Other Changes | €8.43 Billion | +2.63% |
| Total Change | €- | 9.15% |
Book Value vs Market Value Analysis
This analysis compares CITIC Securities Company 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: 0.11x
- 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 | €12.36 | €2.34 | x |
| 2018-12-31 | €12.64 | €2.34 | x |
| 2019-12-31 | €13.34 | €2.34 | x |
| 2020-12-31 | €14.06 | €2.34 | x |
| 2021-12-31 | €15.35 | €2.34 | x |
| 2022-12-31 | €17.08 | €2.34 | x |
| 2023-12-31 | €18.14 | €2.34 | x |
| 2024-12-31 | €19.78 | €2.34 | x |
| 2025-12-31 | €21.59 | €2.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CITIC Securities Company 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): 9.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.46%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 6.51x
- Recent ROE (9.40%) is above the historical average (8.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.44% | 38.75% | 0.06x | 4.84x | €1.43 Billion |
| 2015 | 14.23% | 35.53% | 0.09x | 4.43x | €5.89 Billion |
| 2016 | 7.26% | 27.53% | 0.06x | 4.19x | €-3.90 Billion |
| 2017 | 7.63% | 26.78% | 0.07x | 4.18x | €-3.55 Billion |
| 2018 | 6.13% | 25.73% | 0.06x | 4.26x | €-5.92 Billion |
| 2019 | 7.57% | 28.88% | 0.05x | 4.90x | €-3.93 Billion |
| 2020 | 8.20% | 27.70% | 0.05x | 5.79x | €-3.27 Billion |
| 2021 | 11.04% | 30.56% | 0.06x | 6.11x | €2.18 Billion |
| 2022 | 8.42% | 33.08% | 0.05x | 5.17x | €-3.99 Billion |
| 2023 | 7.34% | 33.19% | 0.04x | 5.41x | €-7.16 Billion |
| 2024 | 7.40% | 37.42% | 0.03x | 5.84x | €-7.61 Billion |
| 2025 | 9.40% | 40.46% | 0.04x | 6.51x | €-1.92 Billion |
Industry Comparison
This section compares CITIC Securities Company Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $41,800,661,258
- Average return on equity (ROE) among peers: 76.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CITIC Securities Company Limited (CI9) | €340.26 Billion | 11.44% | 5.60x | $7.17 Billion |
| GUOTAI JUNAN SEC. H YC1 (153A) | $150.64 Billion | 9.97% | 4.25x | $5.94 Billion |
| China Merchants Securities Co. Ltd (195H) | $105.82 Billion | 8.97% | 3.72x | $2.13 Billion |
| FATFISH GROUP LTD. (1JU) | $1.01 Million | 601.92% | 29.74x | $8.54 Million |
| UP FINT. HLDG (SP.ADR) A (1M5) | $495.42 Million | 6.57% | 6.56x | $1.01 Billion |
| GREENBANK CAPITAL (2TL) | $3.01 Million | 33.26% | 1.67x | $70.90K |
| SHENWAN HONGYUAN GR.H YC1 (2X2A) | $128.79 Billion | 3.58% | 3.93x | $661.60 Million |
| Guolian Securities Co. Ltd (34V) | $7.59 Billion | 4.76% | 2.17x | $184.23 Million |
| SIXTY SIX CAPITAL INC. (5CR0) | $30.89 Million | 79.03% | 0.27x | $4.02 Million |
| Futu Holdings Limited (6FHA) | $24.57 Billion | 17.42% | 2.95x | $9.71 Billion |
| CAIRO MEZZ PLC EO-10 (6H3) | $56.54 Million | -2.33% | 0.00x | $89.98 Million |
About CITIC Securities Company Limited
CITIC Securities Company Limited, together with its subsidiaries, provides various financial products and services in China and internationally. It operates through five segments: Brokerage, Asset Management, Securities Investment, Securities Underwriting, and Other. The company offers investment banking, including equity, bonds, asset-backed securitization, and merger and acquisition; asset mana… Read more