Ping An Bank Co Ltd

SHE:000001 China Banks - Regional
Market Cap
$28.91 Billion
CN¥212.11 Billion CNY
Market Cap Rank
#1468 Global
#63 in China
Share Price
CN¥10.93
Change (1 day)
-0.09%
52-Week Range
CN¥10.70 - CN¥13.18
All Time High
CN¥21.91
About

Ping An Bank Co., Ltd. provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally. The company operates through three segments: Wholesale Banking Business, Retail Banking Business, and Other Businesses. The company's deposits and accounts products include accepts deposits; cor… Read more

Ping An Bank Co Ltd (000001) - Net Assets

Latest net assets as of September 2025: CN¥467.93 Billion CNY

Based on the latest financial reports, Ping An Bank Co Ltd (000001) has net assets worth CN¥467.93 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.77 Trillion) and total liabilities (CN¥5.30 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 CN¥467.93 Billion
% of Total Assets 8.11%
Annual Growth Rate 21.41%
5-Year Change 35.9%
10-Year Change 206.4%
Growth Volatility 29.53

Ping An Bank Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Ping An Bank Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ping An Bank Co Ltd (1993–2024)

The table below shows the annual net assets of Ping An Bank Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥494.84 Billion +4.77%
2023-12-31 CN¥472.33 Billion +8.66%
2022-12-31 CN¥434.68 Billion +9.92%
2021-12-31 CN¥395.45 Billion +8.60%
2020-12-31 CN¥364.13 Billion +16.34%
2019-12-31 CN¥312.98 Billion +30.39%
2018-12-31 CN¥240.04 Billion +8.10%
2017-12-31 CN¥222.05 Billion +9.83%
2016-12-31 CN¥202.17 Billion +25.18%
2015-12-31 CN¥161.50 Billion +23.33%
2014-12-31 CN¥130.95 Billion +16.83%
2013-12-31 CN¥112.08 Billion +32.17%
2012-12-31 CN¥84.80 Billion +12.49%
2011-12-31 CN¥75.38 Billion +124.93%
2010-12-31 CN¥33.51 Billion +63.72%
2009-12-31 CN¥20.47 Billion +24.81%
2008-12-31 CN¥16.40 Billion +26.10%
2007-12-31 CN¥13.01 Billion +100.88%
2006-12-31 CN¥6.47 Billion +28.38%
2005-12-31 CN¥5.04 Billion +7.65%
2004-12-31 CN¥4.68 Billion +18.15%
2003-12-31 CN¥3.97 Billion +5.23%
2002-12-31 CN¥3.77 Billion +3.87%
2001-12-31 CN¥3.63 Billion -23.45%
2000-12-31 CN¥4.74 Billion +63.36%
1999-12-31 CN¥2.90 Billion -21.10%
1998-12-31 CN¥3.68 Billion +8.11%
1997-12-31 CN¥3.40 Billion +33.90%
1996-12-31 CN¥2.54 Billion +29.54%
1995-12-31 CN¥1.96 Billion +18.12%
1994-12-31 CN¥1.66 Billion +37.31%
1993-12-31 CN¥1.21 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Ping An Bank Co Ltd'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 24360500000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥243.60 Billion 49.23%
Common Stock CN¥19.41 Billion 3.92%
Other Components CN¥231.83 Billion 46.85%
Total Equity CN¥494.84 Billion 100.00%

Ping An Bank Co Ltd Competitors by Market Cap

The table below lists competitors of Ping An Bank Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ping An Bank Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 472,328,000,000 to 494,842,000,000, a change of 22,514,000,000 (4.8%).
  • Net income of 44,508,000,000 contributed positively to equity growth.
  • Dividend payments of 21,576,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 52,255,000,000.
  • Other factors increased equity by 51,837,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥44.51 Billion +8.99%
Dividends Paid CN¥21.58 Billion -4.36%
Other Comprehensive Income CN¥-52.26 Billion -10.56%
Other Changes CN¥51.84 Billion +10.48%
Total Change CN¥- 4.77%

Book Value vs Market Value Analysis

This analysis compares Ping An Bank Co Ltd'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: 0.46x
  • 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 2886.43x to 0.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.00 CN¥10.93 x
1993-12-31 CN¥0.06 CN¥10.93 x
1994-12-31 CN¥0.09 CN¥10.93 x
1995-12-31 CN¥0.10 CN¥10.93 x
1996-12-31 CN¥0.36 CN¥10.93 x
1997-12-31 CN¥0.49 CN¥10.93 x
1998-12-31 CN¥0.53 CN¥10.93 x
1999-12-31 CN¥0.42 CN¥10.93 x
2000-12-31 CN¥0.68 CN¥10.93 x
2001-12-31 CN¥0.52 CN¥10.93 x
2002-12-31 CN¥0.54 CN¥10.93 x
2003-12-31 CN¥0.57 CN¥10.93 x
2004-12-31 CN¥0.67 CN¥10.93 x
2005-12-31 CN¥0.72 CN¥10.93 x
2006-12-31 CN¥0.87 CN¥10.93 x
2007-12-31 CN¥1.69 CN¥10.93 x
2008-12-31 CN¥1.93 CN¥10.93 x
2009-12-31 CN¥2.38 CN¥10.93 x
2010-12-31 CN¥3.69 CN¥10.93 x
2011-12-31 CN¥6.37 CN¥10.93 x
2012-12-31 CN¥5.99 CN¥10.93 x
2013-12-31 CN¥7.91 CN¥10.93 x
2014-12-31 CN¥7.94 CN¥10.93 x
2015-12-31 CN¥9.57 CN¥10.93 x
2016-12-31 CN¥11.77 CN¥10.93 x
2017-12-31 CN¥12.45 CN¥10.93 x
2018-12-31 CN¥13.44 CN¥10.93 x
2019-12-31 CN¥16.29 CN¥10.93 x
2020-12-31 CN¥18.76 CN¥10.93 x
2021-12-31 CN¥20.38 CN¥10.93 x
2022-12-31 CN¥22.40 CN¥10.93 x
2023-12-31 CN¥24.34 CN¥10.93 x
2024-12-31 CN¥23.90 CN¥10.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ping An Bank Co Ltd 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): 8.99%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.69%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 11.66x
  • Recent ROE (8.99%) is below the historical average (18.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 174.47% 38.31% 0.08x 60.26x CN¥120.86 Million
1993 22.69% 33.87% 0.09x 7.74x CN¥152.85 Million
1994 21.52% 25.63% 0.09x 9.36x CN¥190.77 Million
1995 22.25% 20.67% 0.10x 10.39x CN¥239.58 Million
1996 31.07% 30.17% 0.09x 11.84x CN¥534.00 Million
1997 15.13% 18.56% 0.09x 9.36x CN¥174.05 Million
1998 19.42% 25.67% 0.07x 10.72x CN¥346.22 Million
1999 7.71% 10.15% 0.05x 15.81x CN¥-66.54 Million
2000 9.77% 16.60% 0.04x 14.19x CN¥-10.91 Million
2001 11.09% 9.29% 0.04x 33.11x CN¥39.59 Million
2002 8.30% 5.19% 0.04x 44.10x CN¥-64.06 Million
2003 10.72% 6.41% 0.03x 48.64x CN¥28.56 Million
2004 6.29% 3.26% 0.04x 43.61x CN¥-173.90 Million
2005 6.17% 3.37% 0.04x 45.45x CN¥-193.30 Million
2006 21.81% 10.96% 0.05x 40.25x CN¥764.50 Million
2007 20.37% 13.77% 0.05x 27.11x CN¥1.35 Billion
2008 3.74% 2.17% 0.06x 28.93x CN¥-1.03 Billion
2009 24.58% 20.88% 0.04x 28.72x CN¥2.98 Billion
2010 18.64% 22.05% 0.04x 21.71x CN¥2.90 Billion
2011 14.02% 18.17% 0.04x 17.16x CN¥2.95 Billion
2012 15.81% 16.49% 0.05x 18.95x CN¥4.92 Billion
2013 13.59% 14.57% 0.06x 16.88x CN¥4.02 Billion
2014 15.12% 14.19% 0.06x 16.70x CN¥6.71 Billion
2015 13.54% 13.51% 0.06x 15.52x CN¥5.71 Billion
2016 11.18% 13.90% 0.06x 14.61x CN¥2.38 Billion
2017 10.44% 12.89% 0.06x 14.63x CN¥983.60 Million
2018 10.34% 12.12% 0.06x 14.24x CN¥813.80 Million
2019 9.01% 12.50% 0.06x 12.59x CN¥-3.10 Billion
2020 7.94% 12.00% 0.05x 12.27x CN¥-7.49 Billion
2021 9.19% 13.84% 0.05x 12.45x CN¥-3.21 Billion
2022 10.47% 16.35% 0.05x 12.24x CN¥2.05 Billion
2023 9.84% 16.94% 0.05x 11.83x CN¥-777.80 Million
2024 8.99% 17.69% 0.04x 11.66x CN¥-4.98 Billion

Industry Comparison

This section compares Ping An Bank Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $110,488,135,165
  • Average return on equity (ROE) among peers: 12.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ping An Bank Co Ltd (000001) CN¥467.93 Billion 174.47% 11.32x $11.97 Billion
Bank of Ningbo Co Ltd (002142) $18.71 Billion 17.39% 12.92x $12.79 Billion
Bank of Qingdao Co Ltd (002948) $9.78 Billion 15.28% 14.96x $1.08 Billion
Qingdao Rural Commercial Bank Corp Class A (002958) $39.05 Billion 6.58% 10.98x $1.43 Billion
Bank of Suzhou (002966) $12.84 Billion 4.74% 3.23x $3.58 Billion
Shanghai Pudong Development Bank Co Ltd (600000) $478.38 Billion 11.69% 12.15x $19.86 Billion
Hua Xia Bank Co Ltd (600015) $323.32 Billion 7.74% 11.06x $4.16 Billion
China Minsheng Banking Corp Ltd (600016) $54.67 Billion 14.42% 18.29x $13.37 Billion
Wuxi Rural Commercial Bank Co Ltd (600908) $23.37 Billion 9.64% 9.99x $1.15 Billion
Bank of Jiangsu Co Ltd (600919) $34.27 Billion 20.54% 17.98x $20.05 Billion