HSBC Holdings PLC (HSBA) - Net Assets

Latest as of September 2025: GBX198.69 Billion GBX ≈ $24.17 Million USD

Based on the latest financial reports, HSBC Holdings PLC (HSBA) has net assets worth GBX198.69 Billion GBX (≈ $24.17 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.23 Trillion ≈ $393.51 Million USD) and total liabilities (GBX3.04 Trillion ≈ $369.34 Million 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 tangible equity quality of HSBC Holdings PLC to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX198.69 Billion
% of Total Assets 6.14%
Annual Growth Rate 10.46%
5-Year Change -6.21%
10-Year Change -2.66%
Growth Volatility 20.64

HSBC Holdings PLC - Net Assets Trend (1987–2024)

This chart illustrates how HSBC Holdings PLC's net assets have evolved over time, based on quarterly financial data. See HSBC Holdings PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for HSBC Holdings PLC (1987–2024)

The table below shows the annual net assets of HSBC Holdings PLC from 1987 to 2024. For live valuation and market cap data, see HSBC Holdings PLC (HSBA) market capitalisation.

Year Net Assets Change
2024-12-31 GBX192.27 Billion
≈ $23.39 Million		 -0.17%
2023-12-31 GBX192.61 Billion
≈ $23.44 Million		 +4.00%
2022-12-31 GBX185.20 Billion
≈ $22.53 Million		 -10.44%
2021-12-31 GBX206.78 Billion
≈ $25.16 Million		 +0.87%
2020-12-31 GBX205.00 Billion
≈ $24.94 Million		 +6.40%
2019-12-31 GBX192.67 Billion
≈ $23.44 Million		 -0.81%
2018-12-31 GBX194.25 Billion
≈ $23.63 Million		 -1.83%
2017-12-31 GBX197.87 Billion
≈ $24.08 Million		 +8.38%
2016-12-31 GBX182.58 Billion
≈ $22.21 Million		 -7.56%
2015-12-31 GBX197.52 Billion
≈ $24.03 Million		 -1.23%
2014-12-31 GBX199.98 Billion
≈ $24.33 Million		 +5.00%
2013-12-31 GBX190.46 Billion
≈ $23.17 Million		 +4.00%
2012-12-31 GBX183.13 Billion
≈ $22.28 Million		 +10.26%
2011-12-31 GBX166.09 Billion
≈ $20.21 Million		 +7.22%
2010-12-31 GBX154.91 Billion
≈ $18.85 Million		 +14.19%
2009-12-31 GBX135.66 Billion
≈ $16.51 Million		 +35.35%
2008-12-31 GBX100.23 Billion
≈ $12.19 Million		 -25.98%
2007-12-31 GBX135.42 Billion
≈ $16.48 Million		 +17.83%
2006-12-31 GBX114.93 Billion
≈ $13.98 Million		 +17.00%
2005-12-31 GBX98.23 Billion
≈ $11.95 Million		 -0.98%
2004-12-31 GBX99.20 Billion
≈ $12.07 Million		 +16.22%
2003-12-31 GBX85.35 Billion
≈ $10.39 Million		 +44.77%
2002-12-31 GBX58.96 Billion
≈ $7.17 Million		 +12.37%
2001-12-31 GBX52.47 Billion
≈ $6.38 Million		 -33.57%
2000-12-31 GBX78.98 Billion
≈ $9.61 Million		 +22.09%
1999-12-31 GBX64.69 Billion
≈ $7.87 Million		 +27.00%
1998-12-31 GBX50.94 Billion
≈ $6.20 Million		 +65.40%
1997-12-31 GBX30.80 Billion
≈ $3.75 Million		 +3.88%
1996-12-31 GBX29.65 Billion
≈ $3.61 Million		 +24.35%
1995-12-31 GBX23.84 Billion
≈ $2.90 Million		 +22.36%
1994-12-31 GBX19.48 Billion
≈ $2.37 Million		 +20.85%
1993-12-31 GBX16.12 Billion
≈ $1.96 Million		 +13.39%
1992-12-31 GBX14.22 Billion
≈ $1.73 Million		 +71.69%
1991-12-31 GBX8.28 Billion
≈ $1.01 Million		 +6.09%
1990-12-31 GBX7.81 Billion
≈ $949.81K		 +1.97%
1989-12-31 GBX7.66 Billion
≈ $931.47K		 +45.85%
1988-12-31 GBX5.25 Billion
≈ $638.65K		 +8.38%
1987-12-31 GBX4.84 Billion
≈ $589.29K		 --

Equity Component Analysis

This analysis shows how different components contribute to HSBC Holdings PLC'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 15240200000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX152.40 Billion 82.39%
Common Stock GBX8.97 Billion 4.85%
Other Comprehensive Income GBX8.79 Billion 4.75%
Other Components GBX14.81 Billion 8.01%
Total Equity GBX184.97 Billion 100.00%

HSBC Holdings PLC Competitors by Market Cap

The table below lists competitors of HSBC Holdings PLC ranked by their market capitalization.

Company Market Cap
First BanCorp
F:OLWN
 $2.94 Billion
Shinsung E&G Co. Ltd
KO:011930
 $2.95 Billion
Relay Therapeutics Inc
NASDAQ:RLAY
 $2.95 Billion
Kaiser Aluminum Corporation
NASDAQ:KALU
 $2.95 Billion
Shenzhen Microgate Technology Co Ltd
SHE:300319
 $2.94 Billion
Gaon Cable
KO:000500
 $2.94 Billion
ERMENEGILDO ZEG.DL -0001
F:JN0
 $2.94 Billion
SIMMTECH Co. Ltd
KQ:222800
 $2.94 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in HSBC Holdings PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 185,329,000,000 to 184,973,000,000, a change of -356,000,000 (-0.2%).
  • Net income of 23,979,000,000 contributed positively to equity growth.
  • Dividend payments of 17,100,000,000 reduced retained earnings.
  • Share repurchases of 11,889,000,000 reduced equity.
  • New share issuances of 3,602,000,000 increased equity.
  • Other comprehensive income decreased equity by 24,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX23.98 Billion +12.96%
Dividends Paid GBX17.10 Billion -9.24%
Share Repurchases GBX11.89 Billion -6.43%
Share Issuances GBX3.60 Billion +1.95%
Other Comprehensive Income GBX-24.00 Million -0.01%
Other Changes GBX1.08 Billion +0.58%
Total Change GBX- -0.19%

Book Value vs Market Value Analysis

This analysis compares HSBC Holdings PLC'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: 140.87x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 441.51x to 140.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1987-12-31 GBX3.19 GBX1409.60 x
1988-12-31 GBX3.45 GBX1409.60 x
1989-12-31 GBX5.01 GBX1409.60 x
1990-12-31 GBX5.13 GBX1409.60 x
1991-12-31 GBX5.38 GBX1409.60 x
1992-12-31 GBX0.65 GBX1409.60 x
1993-12-31 GBX0.74 GBX1409.60 x
1994-12-31 GBX0.90 GBX1409.60 x
1995-12-31 GBX1.11 GBX1409.60 x
1996-12-31 GBX1.39 GBX1409.60 x
1997-12-31 GBX1.46 GBX1409.60 x
1998-12-31 GBX2.45 GBX1409.60 x
1999-12-31 GBX3.13 GBX1409.60 x
2000-12-31 GBX3.65 GBX1409.60 x
2001-12-31 GBX2.46 GBX1409.60 x
2002-12-31 GBX2.81 GBX1409.60 x
2003-12-31 GBX3.99 GBX1409.60 x
2004-12-31 GBX4.58 GBX1409.60 x
2005-12-31 GBX4.96 GBX1409.60 x
2006-12-31 GBX5.81 GBX1409.60 x
2007-12-31 GBX6.87 GBX1409.60 x
2008-12-31 GBX5.02 GBX1409.60 x
2009-12-31 GBX6.88 GBX1409.60 x
2010-12-31 GBX7.92 GBX1409.60 x
2011-12-31 GBX8.51 GBX1409.60 x
2012-12-31 GBX9.39 GBX1409.60 x
2013-12-31 GBX9.75 GBX1409.60 x
2014-12-31 GBX9.99 GBX1409.60 x
2015-12-31 GBX9.66 GBX1409.60 x
2016-12-31 GBX8.84 GBX1409.60 x
2017-12-31 GBX9.48 GBX1409.60 x
2018-12-31 GBX9.32 GBX1409.60 x
2019-12-31 GBX9.09 GBX1409.60 x
2020-12-31 GBX9.70 GBX1409.60 x
2021-12-31 GBX9.77 GBX1409.60 x
2022-12-31 GBX8.90 GBX1409.60 x
2023-12-31 GBX9.46 GBX1409.60 x
2024-12-31 GBX10.01 GBX1409.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently HSBC Holdings PLC 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): 12.96%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.73%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 16.31x
  • Recent ROE (12.96%) is above the historical average (11.61%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 15.24% 0.00% 0.00x 23.11x GBX636.86 Million
1993 19.35% 0.00% 0.00x 22.22x GBX1.29 Billion
1994 19.03% 0.00% 0.00x 18.68x GBX1.52 Billion
1995 18.39% 0.00% 0.00x 16.94x GBX1.74 Billion
1996 22.72% 344.41% 0.00x 15.58x GBX3.31 Billion
1997 22.58% 282.36% 0.00x 17.42x GBX3.42 Billion
1998 15.76% 0.00% 0.00x 17.63x GBX2.63 Billion
1999 14.99% 0.00% 0.00x 17.04x GBX2.91 Billion
2000 14.54% 20.13% 0.05x 14.79x GBX3.09 Billion
2001 11.76% 20.15% 0.04x 16.25x GBX808.10 Million
2002 11.91% 22.92% 0.03x 15.62x GBX1.00 Billion
2003 11.79% 21.05% 0.04x 15.04x GBX1.33 Billion
2004 15.10% 23.14% 0.04x 14.97x GBX4.37 Billion
2005 16.32% 24.74% 0.04x 16.25x GBX5.84 Billion
2006 14.57% 22.80% 0.04x 17.17x GBX4.95 Billion
2007 14.93% 22.18% 0.04x 18.37x GBX6.32 Billion
2008 6.12% 6.77% 0.03x 27.01x GBX-3.63 Billion
2009 4.55% 7.65% 0.03x 18.43x GBX-7.00 Billion
2010 8.91% 16.67% 0.03x 16.62x GBX-1.61 Billion
2011 10.58% 20.36% 0.03x 16.10x GBX924.50 Million
2012 8.00% 18.77% 0.03x 15.36x GBX-3.50 Billion
2013 8.91% 21.63% 0.03x 14.69x GBX-1.98 Billion
2014 7.19% 18.40% 0.03x 13.83x GBX-5.36 Billion
2015 7.17% 18.65% 0.03x 12.79x GBX-5.32 Billion
2016 1.41% 4.00% 0.03x 13.54x GBX-15.06 Billion
2017 5.68% 16.96% 0.03x 13.26x GBX-8.23 Billion
2018 7.37% 21.57% 0.02x 13.73x GBX-4.90 Billion
2019 4.01% 10.49% 0.03x 14.76x GBX-11.01 Billion
2020 2.66% 8.26% 0.02x 15.19x GBX-14.42 Billion
2021 7.02% 18.82% 0.02x 14.92x GBX-5.91 Billion
2022 8.75% 20.43% 0.03x 16.58x GBX-2.22 Billion
2023 12.70% 18.17% 0.04x 16.40x GBX5.00 Billion
2024 12.96% 16.73% 0.05x 16.31x GBX5.48 Billion

Industry Comparison

This section compares HSBC Holdings PLC's net assets metrics with peer companies in the Banks - Diversified industry.

Industry Context

  • Industry: Banks - Diversified
  • Average net assets among peers: $21,564,463,977
  • Average return on equity (ROE) among peers: 2.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
HSBC Holdings PLC (HSBA) GBX198.69 Billion 15.24% 15.28x $2.94 Billion
Barclays PLC (BARC) $63.01 Billion 4.64% 23.78x $807.80 Million
CAB Payments Holdings Ltd (CABP) $73.17 Million -3.57% 15.02x $2.41 Million
Standard Chartered PLC (STAN) $1.61 Billion 6.70% 23.64x $549.03 Million

About HSBC Holdings PLC

LSE:HSBA UK Banks - Diversified
Market Cap
$2.94 Billion
GBX24.20 Trillion GBX
Market Cap Rank
#5087 Global
#9 in UK
Share Price
GBX1409.60
Change (1 day)
+1.81%
52-Week Range
GBX860.30 - GBX1409.80
All Time High
GBX1409.80
Categories
Companies in UK Banks - Diversified Banking & Financial
About

HSBC Holdings plc engages in the provision of banking and financial products and services worldwide. It operates through three segments: Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and … Read more