CITIC Limited (CPF) - Net Assets
Based on the latest financial reports, CITIC Limited (CPF) has net assets worth €1.46 Trillion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.50 Trillion) and total liabilities (€11.03 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 | €1.46 Trillion |
| % of Total Assets | 11.69% |
| Annual Growth Rate | 9.65% |
| 5-Year Change | 41.08% |
| 10-Year Change | 114.58% |
| Growth Volatility | 6.27 |
CITIC Limited - Net Assets Trend (2013–2024)
This chart illustrates how CITIC 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 CITIC Limited (2013–2024)
The table below shows the annual net assets of CITIC Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.42 Trillion | -3.44% |
| 2023-12-31 | €1.47 Trillion | +6.78% |
| 2022-12-31 | €1.38 Trillion | +18.40% |
| 2021-12-31 | €1.17 Trillion | +15.56% |
| 2020-12-31 | €1.01 Trillion | +12.76% |
| 2019-12-31 | €894.49 Billion | +10.34% |
| 2018-12-31 | €810.66 Billion | +2.14% |
| 2017-12-31 | €793.64 Billion | +14.05% |
| 2016-12-31 | €695.85 Billion | +4.93% |
| 2015-12-31 | €663.17 Billion | +15.23% |
| 2014-12-31 | €575.51 Billion | +11.41% |
| 2013-12-31 | €516.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CITIC 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €757.49 Billion | 100.00% |
| Total Equity | €757.49 Billion | 100.00% |
CITIC Limited Competitors by Market Cap
The table below lists competitors of CITIC Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Swedbank AB (publ)
ST:SWED-A
|
$39.93 Billion |
|
WEG S.A
SA:WEGE3
|
$40.05 Billion |
|
Franco-Nevada Corporation
NYSE:FNV
|
$40.13 Billion |
|
Lumentum Holdings Inc
NASDAQ:LITE
|
$40.18 Billion |
|
Deutsche Börse AG
XETRA:DB1
|
$39.66 Billion |
|
Alcon AG
NYSE:ALC
|
$39.64 Billion |
|
Polski Koncern Naftowy ORLEN SA
WAR:PKN
|
$39.63 Billion |
|
Endesa SA
MC:ELE
|
$39.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CITIC Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 775,166,301,583 to 757,487,000,000, a change of -17,679,301,583 (-2.3%).
- Net income of 58,202,000,000 contributed positively to equity growth.
- Dividend payments of 15,272,000,000 reduced retained earnings.
- Other factors decreased equity by 60,609,301,583.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €58.20 Billion | +7.68% |
| Dividends Paid | €15.27 Billion | -2.02% |
| Other Changes | €-60.61 Billion | -8.0% |
| Total Change | €- | -2.28% |
Book Value vs Market Value Analysis
This analysis compares CITIC 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: 0.05x
- 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 | €18.94 | €1.36 | x |
| 2018-12-31 | €19.20 | €1.36 | x |
| 2019-12-31 | €20.33 | €1.36 | x |
| 2020-12-31 | €23.18 | €1.36 | x |
| 2021-12-31 | €25.83 | €1.36 | x |
| 2022-12-31 | €25.34 | €1.36 | x |
| 2023-12-31 | €26.65 | €1.36 | x |
| 2024-12-31 | €26.04 | €1.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CITIC 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): 7.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.13%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 15.94x
- Recent ROE (7.68%) is below the historical average (9.11%), 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 | 12.79% | 9.73% | 0.10x | 13.80x | €10.75 Billion |
| 2014 | 9.48% | 7.55% | 0.09x | 13.77x | €-2.23 Billion |
| 2015 | 8.71% | 8.05% | 0.08x | 13.80x | €-6.34 Billion |
| 2016 | 8.95% | 8.61% | 0.07x | 14.75x | €-5.15 Billion |
| 2017 | 8.09% | 7.48% | 0.08x | 13.65x | €-10.52 Billion |
| 2018 | 9.10% | 7.34% | 0.09x | 13.72x | €-5.02 Billion |
| 2019 | 9.11% | 7.35% | 0.09x | 14.01x | €-5.25 Billion |
| 2020 | 8.40% | 7.83% | 0.07x | 14.45x | €-10.80 Billion |
| 2021 | 9.35% | 7.76% | 0.08x | 14.22x | €-4.92 Billion |
| 2022 | 10.24% | 7.68% | 0.08x | 16.00x | €1.76 Billion |
| 2023 | 7.43% | 6.52% | 0.07x | 16.11x | €-19.92 Billion |
| 2024 | 7.68% | 6.13% | 0.08x | 15.94x | €-17.55 Billion |
Industry Comparison
This section compares CITIC Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $27,304,742,627,200
- Average return on equity (ROE) among peers: 7.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CITIC Limited (CPF) | €1.46 Trillion | 12.79% | 7.55x | $39.78 Billion |
| Seibu Holdings Inc (0H9) | $373.43 Billion | 1.25% | 3.57x | $6.45 Billion |
| CK Hutchison Holdings Ltd (2CK) | $652.59 Billion | 2.62% | 0.70x | $26.63 Billion |
| Orbia Advance Corporation S.A.B. de C.V (4FZ) | $3.18 Billion | 6.12% | 2.21x | $2.03 Billion |
| NAGOYA RAILROAD (59V) | $411.13 Billion | 2.28% | 1.89x | $1.89 Billion |
| SCHOUW A/S DK 10 (5RF) | $10.65 Billion | 9.47% | 1.02x | $2.03 Billion |
| ARENDALS FOSSEKOM. NK 4 (5VZ) | $5.18 Billion | -1.08% | 0.61x | $780.44 Million |
| Sumitomo Mitsui Construction Co. Ltd (72S) | $82.85 Billion | 25.01% | 2.83x | $505.15 Million |
| Poste Italiane SpA (7PI) | $8.13 Billion | 7.65% | 22.75x | $27.74 Billion |
| SGH Limited (9SG0) | $4.28 Billion | 13.04% | 2.17x | $10.17 Billion |
| PT Astra International Tbk (ASJ) | $271.50 Trillion | 12.49% | 0.74x | $11.76 Billion |
About CITIC Limited
CITIC Limited operates in the financial services, advanced intelligent manufacturing, advanced materials, consumption, and urbanization businesses in the Mainland of China, Hong Kong, and internationally. The Comprehensive Financial Services segment provides banking, securities, trust, insurance, and asset management services. The Advanced Intelligent Manufacturing segment manufactures heavy mach… Read more