Industrial and Commercial Bank of China
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services, such as deposit-taking activities, trade financing, corporate w… Read more
Industrial and Commercial Bank of China (IDCBY) - Net Assets
Latest net assets as of September 2025: $3.96 Trillion USD
Based on the latest financial reports, Industrial and Commercial Bank of China (IDCBY) has net assets worth $3.96 Trillion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($52.82 Trillion) and total liabilities ($48.86 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 | $3.96 Trillion |
| % of Total Assets | 7.51% |
| Annual Growth Rate | 15.06% |
| 5-Year Change | -87.57% |
| 10-Year Change | 121.45% |
| Growth Volatility | 265.44 |
Industrial and Commercial Bank of China - Net Assets Trend (2002–2024)
This chart illustrates how Industrial and Commercial Bank of China's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Industrial and Commercial Bank of China (2002–2024)
The table below shows the annual net assets of Industrial and Commercial Bank of China from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.99 Trillion | +12.10% |
| 2023-12-31 | $3.56 Trillion | -90.68% |
| 2022-12-31 | $38.18 Trillion | +12.67% |
| 2021-12-31 | $33.89 Trillion | +5.65% |
| 2020-12-31 | $32.08 Trillion | +11.09% |
| 2019-12-31 | $28.88 Trillion | +1131.46% |
| 2018-12-31 | $2.34 Trillion | +9.52% |
| 2017-12-31 | $2.14 Trillion | +8.07% |
| 2016-12-31 | $1.98 Trillion | +10.03% |
| 2015-12-31 | $1.80 Trillion | +17.12% |
| 2014-12-31 | $1.54 Trillion | +20.25% |
| 2013-12-31 | $1.28 Trillion | +13.29% |
| 2012-12-31 | $1.13 Trillion | +17.81% |
| 2011-12-31 | $957.82 Billion | +16.57% |
| 2010-12-31 | $821.66 Billion | +21.02% |
| 2009-12-31 | $678.93 Billion | +11.83% |
| 2008-12-31 | $607.14 Billion | +11.55% |
| 2007-12-31 | $544.25 Billion | +15.45% |
| 2006-12-31 | $471.43 Billion | +80.64% |
| 2005-12-31 | $260.98 Billion | +151.73% |
| 2004-12-31 | $-504.50 Billion | +5.79% |
| 2003-12-31 | $-535.48 Billion | -394.21% |
| 2002-12-31 | $182.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Industrial and Commercial Bank of China'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 216515.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.09 Trillion | 77.92% |
| Common Stock | $356.41 Billion | 8.98% |
| Other Comprehensive Income | $385.55 Billion | 9.71% |
| Other Components | $134.61 Billion | 3.39% |
| Total Equity | $3.97 Trillion | 100.00% |
Industrial and Commercial Bank of China Competitors by Market Cap
The table below lists competitors of Industrial and Commercial Bank of China ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fomento Económico Mexicano, S.A.B. de C.V.
LSE:0TD7
|
$371.34 Billion |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
$371.78 Billion |
|
Tencent Holdings Ltd
PINK:TCTZF
|
$376.09 Billion |
|
AbbVie Inc
NYSE:ABBV
|
$390.88 Billion |
|
Chevron Corp
NYSE:CVX
|
$364.96 Billion |
|
SK Hynix Inc
KO:000660
|
$360.99 Billion |
|
Procter & Gamble Company
NYSE:PG
|
$352.89 Billion |
|
The Home Depot Inc
NYSE:HD
|
$340.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Industrial and Commercial Bank of China's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,537,170,000,000 to 3,969,841,000,000, a change of 432,671,000,000 (12.2%).
- Net income of 365,863,000,000 contributed positively to equity growth.
- Dividend payments of 124,166,000,000 reduced retained earnings.
- Share repurchases of 80,000,000,000 reduced equity.
- Other comprehensive income decreased equity by 600,104,000,000.
- Other factors increased equity by 871,078,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $365.86 Billion | +9.22% |
| Dividends Paid | $124.17 Billion | -3.13% |
| Share Repurchases | $80.00 Billion | -2.02% |
| Other Comprehensive Income | $-600.10 Billion | -15.12% |
| Other Changes | $871.08 Billion | +21.94% |
| Total Change | $- | 12.23% |
Book Value vs Market Value Analysis
This analysis compares Industrial and Commercial Bank of China'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: 0.06x
- 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 18.55x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.72 | $13.33 | x |
| 2003-12-31 | $-2.17 | $13.33 | x |
| 2004-12-31 | $-2.05 | $13.33 | x |
| 2005-12-31 | $1.04 | $13.33 | x |
| 2006-12-31 | $1.40 | $13.33 | x |
| 2007-12-31 | $1.61 | $13.33 | x |
| 2008-12-31 | $1.81 | $13.33 | x |
| 2009-12-31 | $2.02 | $13.33 | x |
| 2010-12-31 | $2.35 | $13.33 | x |
| 2011-12-31 | $2.74 | $13.33 | x |
| 2012-12-31 | $3.22 | $13.33 | x |
| 2013-12-31 | $3.63 | $13.33 | x |
| 2014-12-31 | $4.33 | $13.33 | x |
| 2015-12-31 | $5.02 | $13.33 | x |
| 2016-12-31 | $5.53 | $13.33 | x |
| 2017-12-31 | $5.97 | $13.33 | x |
| 2018-12-31 | $6.54 | $13.33 | x |
| 2019-12-31 | $7.51 | $13.33 | x |
| 2020-12-31 | $8.12 | $13.33 | x |
| 2021-12-31 | $9.14 | $13.33 | x |
| 2022-12-31 | $9.81 | $13.33 | x |
| 2023-12-31 | $9.92 | $13.33 | x |
| 2024-12-31 | $212.67 | $13.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Industrial and Commercial Bank of China 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): 9.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 55.40%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 12.30x
- Recent ROE (9.22%) is below the historical average (13.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.66% | 7.13% | 0.02x | 26.80x | $-11.29 Billion |
| 2003 | 0.00% | 11.66% | 0.04x | 0.00x | $76.08 Billion |
| 2004 | 0.00% | 14.57% | 0.04x | 0.00x | $81.58 Billion |
| 2005 | 14.56% | 14.91% | 0.04x | 25.13x | $11.71 Billion |
| 2006 | 10.43% | 27.23% | 0.02x | 16.08x | $2.03 Billion |
| 2007 | 15.08% | 31.97% | 0.03x | 16.11x | $27.36 Billion |
| 2008 | 18.36% | 35.99% | 0.03x | 16.18x | $50.45 Billion |
| 2009 | 19.08% | 41.83% | 0.03x | 17.49x | $61.21 Billion |
| 2010 | 20.13% | 43.61% | 0.03x | 16.40x | $83.11 Billion |
| 2011 | 21.77% | 44.05% | 0.03x | 16.18x | $112.59 Billion |
| 2012 | 21.20% | 44.64% | 0.03x | 15.59x | $126.03 Billion |
| 2013 | 20.61% | 44.54% | 0.03x | 14.85x | $135.24 Billion |
| 2014 | 18.02% | 42.00% | 0.03x | 13.46x | $122.73 Billion |
| 2015 | 15.49% | 39.86% | 0.03x | 12.41x | $98.18 Billion |
| 2016 | 14.13% | 41.33% | 0.03x | 12.25x | $81.27 Billion |
| 2017 | 13.45% | 39.53% | 0.03x | 12.26x | $73.30 Billion |
| 2018 | 12.78% | 38.62% | 0.03x | 11.89x | $64.68 Billion |
| 2019 | 11.67% | 36.62% | 0.03x | 11.25x | $44.61 Billion |
| 2020 | 10.92% | 35.84% | 0.03x | 11.52x | $26.56 Billion |
| 2021 | 10.69% | 37.06% | 0.03x | 10.80x | $22.56 Billion |
| 2022 | 10.33% | 39.53% | 0.02x | 11.33x | $11.61 Billion |
| 2023 | 10.29% | 43.43% | 0.02x | 12.64x | $10.28 Billion |
| 2024 | 9.22% | 55.40% | 0.01x | 12.30x | $-31.12 Billion |
Industry Comparison
This section compares Industrial and Commercial Bank of China's net assets metrics with peer companies in the Banks - Diversified industry.
Industry Context
- Industry: Banks - Diversified
- Average net assets among peers: $245,254,219,103
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Industrial and Commercial Bank of China (IDCBY) | $3.96 Trillion | 3.66% | 12.32x | $369.38 Billion |
| ABN AMRO Bank N.V (AAVMY) | $27.04 Billion | 8.33% | 14.28x | $11.03 Billion |
| Agricultural Bank of China PK (ACGBY) | $290.54 Billion | 17.72% | 23.14x | $259.69 Billion |
| ANZ Group Holdings Limited (ANZGY) | $70.02 Billion | 10.15% | 14.79x | $48.69 Billion |
| Bank of America Corp (BAC) | $270.07 Billion | 11.84% | 10.74x | $336.44 Billion |
| Bank of China Ltd H (BACHF) | $861.54 Billion | 16.21% | 13.72x | $77.92 Billion |
| Banco Bilbao Vizcaya Argentaria S.A (BBVXF) | $4.73 Billion | 9.43% | 14.29x | $81.72 Billion |
| Banco Santander S.A (BCDRF) | $73.87 Billion | 12.11% | 14.03x | $86.81 Billion |
| Barclays PLC (BCLYF) | $808.57 Billion | 0.43% | 0.14x | $42.51 Billion |
| Bancorp. of Southern Indiana (BCSO) | $46.62 Million | 6.99% | 9.62x | $74.68 Million |
| The Bank of New York Mellon Corporation (BK) | $46.12 Billion | 7.84% | 9.18x | $79.06 Billion |