China Merchants Bank Co Ltd Class H
China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; l… Read more
China Merchants Bank Co Ltd Class H (CIHHF) - Net Assets
Latest net assets as of September 2025: $157.96 Billion USD
Based on the latest financial reports, China Merchants Bank Co Ltd Class H (CIHHF) has net assets worth $157.96 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.78 Trillion) and total liabilities ($1.62 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 | $157.96 Billion |
| % of Total Assets | 8.9% |
| Annual Growth Rate | 27.42% |
| 5-Year Change | 68.89% |
| 10-Year Change | 240.97% |
| Growth Volatility | 43.04 |
China Merchants Bank Co Ltd Class H - Net Assets Trend (1999–2024)
This chart illustrates how China Merchants Bank Co Ltd Class H's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Merchants Bank Co Ltd Class H (1999–2024)
The table below shows the annual net assets of China Merchants Bank Co Ltd Class H from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.23 Trillion | +13.61% |
| 2023-12-31 | $1.09 Trillion | +13.78% |
| 2022-12-31 | $954.24 Billion | +10.23% |
| 2021-12-31 | $865.68 Billion | +18.53% |
| 2020-12-31 | $730.35 Billion | +18.24% |
| 2019-12-31 | $617.71 Billion | +13.63% |
| 2018-12-31 | $543.61 Billion | +14.09% |
| 2017-12-31 | $476.49 Billion | +18.13% |
| 2016-12-31 | $403.36 Billion | +11.50% |
| 2015-12-31 | $361.76 Billion | +14.82% |
| 2014-12-31 | $315.06 Billion | +18.46% |
| 2013-12-31 | $265.96 Billion | +32.64% |
| 2012-12-31 | $200.51 Billion | +21.51% |
| 2011-12-31 | $165.01 Billion | +23.14% |
| 2010-12-31 | $134.01 Billion | +44.43% |
| 2009-12-31 | $92.78 Billion | +16.30% |
| 2008-12-31 | $79.78 Billion | +17.35% |
| 2007-12-31 | $67.98 Billion | +23.25% |
| 2006-12-31 | $55.16 Billion | +123.59% |
| 2005-12-31 | $24.67 Billion | +18.15% |
| 2004-12-31 | $20.88 Billion | +14.34% |
| 2003-12-31 | $18.26 Billion | +13.91% |
| 2002-12-31 | $16.03 Billion | +213.34% |
| 2001-12-31 | $5.12 Billion | +38.83% |
| 2000-12-31 | $3.69 Billion | +27.90% |
| 1999-12-31 | $2.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Merchants Bank Co Ltd Class H'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 63788710200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $634.08 Billion | 51.72% |
| Common Stock | $25.22 Billion | 2.06% |
| Other Comprehensive Income | $261.66 Billion | 21.34% |
| Other Components | $305.05 Billion | 24.88% |
| Total Equity | $1.23 Trillion | 100.00% |
China Merchants Bank Co Ltd Class H Competitors by Market Cap
The table below lists competitors of China Merchants Bank Co Ltd Class H ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CNOOC Limited
SHG:600938
|
$97.85 Billion |
|
Southern Company
NYSE:SO
|
$97.89 Billion |
|
GlaxoSmithKline plc
MX:GSKN
|
$98.64 Billion |
|
Semiconductor Manufacturing Intl Co
SHG:688981
|
$99.08 Billion |
|
China Shenhua Energy Co Ltd
PINK:CSUAY
|
$97.80 Billion |
|
Rio Tinto Group
PINK:RTNTF
|
$97.13 Billion |
|
Western Digital Corporation
NASDAQ:WDC
|
$96.27 Billion |
|
Duke Energy Corporation
NYSE:DUK
|
$96.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Merchants Bank Co Ltd Class H's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,076,370,000,000 to 1,226,014,000,000, a change of 149,644,000,000 (13.9%).
- Net income of 148,391,000,000 contributed positively to equity growth.
- Dividend payments of 61,031,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,236,000,000.
- Other factors increased equity by 67,520,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $148.39 Billion | +12.1% |
| Dividends Paid | $61.03 Billion | -4.98% |
| Other Comprehensive Income | $-5.24 Billion | -0.43% |
| Other Changes | $67.52 Billion | +5.51% |
| Total Change | $- | 13.90% |
Book Value vs Market Value Analysis
This analysis compares China Merchants Bank Co Ltd Class H'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: 0.13x
- 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.
- The price-to-book ratio has decreased from 38.24x to 0.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.16 | $6.15 | x |
| 2000-12-31 | $0.21 | $6.15 | x |
| 2001-12-31 | $0.29 | $6.15 | x |
| 2002-12-31 | $0.89 | $6.15 | x |
| 2003-12-31 | $1.02 | $6.15 | x |
| 2004-12-31 | $1.17 | $6.15 | x |
| 2005-12-31 | $1.38 | $6.15 | x |
| 2006-12-31 | $3.08 | $6.15 | x |
| 2007-12-31 | $3.32 | $6.15 | x |
| 2008-12-31 | $3.86 | $6.15 | x |
| 2009-12-31 | $4.50 | $6.15 | x |
| 2010-12-31 | $6.27 | $6.15 | x |
| 2011-12-31 | $7.48 | $6.15 | x |
| 2012-12-31 | $9.30 | $6.15 | x |
| 2013-12-31 | $11.80 | $6.15 | x |
| 2014-12-31 | $12.48 | $6.15 | x |
| 2015-12-31 | $14.32 | $6.15 | x |
| 2016-12-31 | $15.94 | $6.15 | x |
| 2017-12-31 | $18.76 | $6.15 | x |
| 2018-12-31 | $20.99 | $6.15 | x |
| 2019-12-31 | $24.24 | $6.15 | x |
| 2020-12-31 | $28.70 | $6.15 | x |
| 2021-12-31 | $34.05 | $6.15 | x |
| 2022-12-31 | $37.49 | $6.15 | x |
| 2023-12-31 | $41.34 | $6.15 | x |
| 2024-12-31 | $46.76 | $6.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Merchants Bank Co Ltd Class H 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): 12.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.81%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 9.91x
- Recent ROE (12.10%) is below the historical average (17.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 16.72% | 6.63% | 0.05x | 54.35x | $193.63 Million |
| 2000 | 21.81% | 9.20% | 0.04x | 59.56x | $435.28 Million |
| 2001 | 26.88% | 13.13% | 0.04x | 52.05x | $863.67 Million |
| 2002 | 10.82% | 14.70% | 0.03x | 23.18x | $131.09 Million |
| 2003 | 12.21% | 13.73% | 0.03x | 27.59x | $403.77 Million |
| 2004 | 15.06% | 13.98% | 0.04x | 28.87x | $1.06 Billion |
| 2005 | 15.35% | 13.33% | 0.04x | 29.75x | $1.32 Billion |
| 2006 | 12.32% | 18.24% | 0.04x | 16.93x | $1.28 Billion |
| 2007 | 22.42% | 26.01% | 0.04x | 19.28x | $8.44 Billion |
| 2008 | 26.51% | 26.01% | 0.05x | 19.77x | $13.13 Billion |
| 2009 | 19.65% | 23.71% | 0.04x | 22.29x | $8.96 Billion |
| 2010 | 19.23% | 26.10% | 0.04x | 17.93x | $12.37 Billion |
| 2011 | 21.90% | 25.62% | 0.05x | 16.94x | $19.63 Billion |
| 2012 | 22.58% | 25.86% | 0.05x | 17.00x | $25.22 Billion |
| 2013 | 19.49% | 24.98% | 0.05x | 15.13x | $25.20 Billion |
| 2014 | 17.78% | 20.22% | 0.06x | 15.05x | $24.47 Billion |
| 2015 | 15.99% | 19.25% | 0.05x | 15.17x | $21.62 Billion |
| 2016 | 15.43% | 21.39% | 0.05x | 14.77x | $21.85 Billion |
| 2017 | 14.82% | 22.13% | 0.05x | 13.30x | $22.82 Billion |
| 2018 | 14.92% | 22.52% | 0.05x | 12.49x | $26.55 Billion |
| 2019 | 15.19% | 23.94% | 0.05x | 12.13x | $31.74 Billion |
| 2020 | 13.45% | 43.15% | 0.03x | 11.55x | $24.97 Billion |
| 2021 | 13.96% | 26.63% | 0.05x | 10.77x | $34.05 Billion |
| 2022 | 14.60% | 28.91% | 0.05x | 10.72x | $43.46 Billion |
| 2023 | 13.62% | 29.46% | 0.05x | 10.25x | $38.97 Billion |
| 2024 | 12.10% | 29.81% | 0.04x | 9.91x | $25.79 Billion |
Industry Comparison
This section compares China Merchants Bank Co Ltd Class H's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Merchants Bank Co Ltd Class H (CIHHF) | $157.96 Billion | 16.72% | 10.24x | $97.81 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |