China Baoan Group Co Ltd (000009) - Net Assets

Latest as of September 2025: CN¥22.87 Billion CNY ≈ $3.35 Billion USD

Based on the latest financial reports, China Baoan Group Co Ltd (000009) has net assets worth CN¥22.87 Billion CNY (≈ $3.35 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 (CN¥56.58 Billion ≈ $8.28 Billion USD) and total liabilities (CN¥33.71 Billion ≈ $4.93 Billion 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 China Baoan Group Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥22.87 Billion
% of Total Assets	40.41%
Annual Growth Rate	12.59%
5-Year Change	63.95%
10-Year Change	229.42%
Growth Volatility	26.26

China Baoan Group Co Ltd - Net Assets Trend (1991–2024)

This chart illustrates how China Baoan Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can China Baoan Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for China Baoan Group Co Ltd (1991–2024)

The table below shows the annual net assets of China Baoan Group Co Ltd from 1991 to 2024. For live valuation and market cap data, see 000009 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥21.72 Billion ≈ $3.18 Billion	+3.29%
2023-12-31	CN¥21.02 Billion ≈ $3.08 Billion	+11.57%
2022-12-31	CN¥18.84 Billion ≈ $2.76 Billion	+20.33%
2021-12-31	CN¥15.66 Billion ≈ $2.29 Billion	+18.22%
2020-12-31	CN¥13.25 Billion ≈ $1.94 Billion	+23.70%
2019-12-31	CN¥10.71 Billion ≈ $1.57 Billion	+2.46%
2018-12-31	CN¥10.45 Billion ≈ $1.53 Billion	+5.07%
2017-12-31	CN¥9.95 Billion ≈ $1.46 Billion	+22.26%
2016-12-31	CN¥8.13 Billion ≈ $1.19 Billion	+23.40%
2015-12-31	CN¥6.59 Billion ≈ $964.63 Million	+20.64%
2014-12-31	CN¥5.46 Billion ≈ $799.57 Million	+8.14%
2013-12-31	CN¥5.05 Billion ≈ $739.37 Million	+7.66%
2012-12-31	CN¥4.69 Billion ≈ $686.79 Million	+13.91%
2011-12-31	CN¥4.12 Billion ≈ $602.92 Million	+10.94%
2010-12-31	CN¥3.71 Billion ≈ $543.45 Million	+24.41%
2009-12-31	CN¥2.99 Billion ≈ $436.82 Million	+19.67%
2008-12-31	CN¥2.49 Billion ≈ $365.00 Million	+4.51%
2007-12-31	CN¥2.39 Billion ≈ $349.24 Million	+22.48%
2006-12-31	CN¥1.95 Billion ≈ $285.14 Million	+13.84%
2005-12-31	CN¥1.71 Billion ≈ $250.48 Million	+2.26%
2004-12-31	CN¥1.67 Billion ≈ $244.93 Million	+27.74%
2003-12-31	CN¥1.31 Billion ≈ $191.74 Million	+3.20%
2002-12-31	CN¥1.27 Billion ≈ $185.80 Million	-2.36%
2001-12-31	CN¥1.30 Billion ≈ $190.28 Million	-6.89%
2000-12-31	CN¥1.40 Billion ≈ $204.37 Million	+4.38%
1999-12-31	CN¥1.34 Billion ≈ $195.80 Million	+3.32%
1998-12-31	CN¥1.30 Billion ≈ $189.52 Million	-45.71%
1997-12-31	CN¥2.39 Billion ≈ $349.07 Million	+0.32%
1996-12-31	CN¥2.38 Billion ≈ $347.95 Million	+17.94%
1995-12-31	CN¥2.02 Billion ≈ $295.03 Million	+2.68%
1994-12-31	CN¥1.96 Billion ≈ $287.32 Million	+27.03%
1993-12-31	CN¥1.55 Billion ≈ $226.19 Million	+136.21%
1992-12-31	CN¥654.41 Million ≈ $95.76 Million	+50.89%
1991-12-31	CN¥433.69 Million ≈ $63.46 Million	--

Equity Component Analysis

This analysis shows how different components contribute to China Baoan Group 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 551998600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥5.52 Billion	55.67%
Common Stock	CN¥2.58 Billion	26.01%
Other Comprehensive Income	CN¥650.63 Million	6.56%
Other Components	CN¥1.16 Billion	11.75%
Total Equity	CN¥9.91 Billion	100.00%

China Baoan Group Co Ltd Competitors by Market Cap

The table below lists competitors of China Baoan Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Heartflow, Inc. Common Stock NASDAQ:HTFL	$2.67 Billion
Shenzhen Rongda Photosensitive & Technology Co Ltd SHE:300576	$2.67 Billion
Solar Applied Materials Technology TWO:1785	$2.68 Billion
Harley-Davidson Inc NYSE:HOG	$2.68 Billion
Delek Logistics Partners LP NYSE:DKL	$2.67 Billion
Mainova AG F:MNV6	$2.67 Billion
Shanghai Jin Jiang International Hotels Development Co Ltd A SHG:600754	$2.67 Billion
Suzhou Recodeal Interconnect System Co Ltd SHG:688800	$2.67 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Baoan Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 9,932,193,503 to 9,914,702,000, a change of -17,491,503 (-0.2%).
Net income of 172,625,218 contributed positively to equity growth.
Dividend payments of 800,125,043 reduced retained earnings.
Other comprehensive income increased equity by 642,082,742.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥172.63 Million	+1.74%
Dividends Paid	CN¥800.13 Million	-8.07%
Other Comprehensive Income	CN¥642.08 Million	+6.48%
Other Changes	CN¥-32.07 Million	-0.32%
Total Change	CN¥-	-0.18%

Book Value vs Market Value Analysis

This analysis compares China Baoan Group 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: 1.84x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 47.35x to 1.84x 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¥0.15	CN¥7.08	x
1992-12-31	CN¥0.23	CN¥7.08	x
1993-12-31	CN¥0.53	CN¥7.08	x
1994-12-31	CN¥0.67	CN¥7.08	x
1995-12-31	CN¥0.68	CN¥7.08	x
1996-12-31	CN¥0.79	CN¥7.08	x
1997-12-31	CN¥0.79	CN¥7.08	x
1998-12-31	CN¥0.42	CN¥7.08	x
1999-12-31	CN¥0.43	CN¥7.08	x
2000-12-31	CN¥0.45	CN¥7.08	x
2001-12-31	CN¥0.41	CN¥7.08	x
2002-12-31	CN¥0.39	CN¥7.08	x
2003-12-31	CN¥0.39	CN¥7.08	x
2004-12-31	CN¥0.41	CN¥7.08	x
2005-12-31	CN¥0.41	CN¥7.08	x
2006-12-31	CN¥0.47	CN¥7.08	x
2007-12-31	CN¥0.70	CN¥7.08	x
2008-12-31	CN¥0.69	CN¥7.08	x
2009-12-31	CN¥0.82	CN¥7.08	x
2010-12-31	CN¥1.03	CN¥7.08	x
2011-12-31	CN¥1.10	CN¥7.08	x
2012-12-31	CN¥1.25	CN¥7.08	x
2013-12-31	CN¥1.28	CN¥7.08	x
2014-12-31	CN¥1.33	CN¥7.08	x
2015-12-31	CN¥1.74	CN¥7.08	x
2016-12-31	CN¥1.76	CN¥7.08	x
2017-12-31	CN¥1.88	CN¥7.08	x
2018-12-31	CN¥1.97	CN¥7.08	x
2019-12-31	CN¥2.15	CN¥7.08	x
2020-12-31	CN¥2.68	CN¥7.08	x
2021-12-31	CN¥3.10	CN¥7.08	x
2022-12-31	CN¥3.54	CN¥7.08	x
2023-12-31	CN¥3.81	CN¥7.08	x
2024-12-31	CN¥3.84	CN¥7.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Baoan Group 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): 1.74%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.85%
• Asset Turnover: 0.38x
• Equity Multiplier: 5.42x
Recent ROE (1.74%) is below the historical average (6.87%), 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	18.48%	19.89%	0.61x	1.53x	CN¥36.77 Million
1992	32.10%	27.12%	0.50x	2.37x	CN¥144.39 Million
1993	27.47%	45.13%	0.29x	2.12x	CN¥269.91 Million
1994	22.21%	42.71%	0.19x	2.69x	CN¥237.78 Million
1995	7.78%	20.58%	0.12x	3.15x	CN¥-43.53 Million
1996	1.78%	7.14%	0.10x	2.39x	CN¥-189.27 Million
1997	-26.30%	-84.94%	0.13x	2.45x	CN¥-836.76 Million
1998	-40.38%	-86.01%	0.12x	4.03x	CN¥-608.15 Million
1999	2.49%	3.60%	0.18x	3.95x	CN¥-92.94 Million
2000	2.68%	5.42%	0.14x	3.58x	CN¥-95.42 Million
2001	2.22%	3.13%	0.21x	3.38x	CN¥-93.07 Million
2002	1.19%	1.33%	0.25x	3.60x	CN¥-100.57 Million
2003	1.13%	1.01%	0.30x	3.74x	CN¥-100.94 Million
2004	1.40%	1.09%	0.31x	4.14x	CN¥-103.32 Million
2005	6.04%	3.49%	0.42x	4.11x	CN¥-47.05 Million
2006	9.80%	5.38%	0.46x	3.98x	CN¥-2.75 Million
2007	13.48%	11.82%	0.33x	3.42x	CN¥59.42 Million
2008	11.62%	7.15%	0.46x	3.53x	CN¥27.91 Million
2009	12.60%	7.75%	0.44x	3.73x	CN¥52.36 Million
2010	13.05%	10.12%	0.32x	4.02x	CN¥76.02 Million
2011	10.19%	6.97%	0.33x	4.45x	CN¥5.00 Million
2012	5.37%	3.99%	0.31x	4.41x	CN¥-138.45 Million
2013	9.13%	7.04%	0.31x	4.25x	CN¥-27.77 Million
2014	9.25%	7.04%	0.29x	4.49x	CN¥-24.43 Million
2015	16.78%	15.33%	0.27x	4.05x	CN¥303.28 Million
2016	5.22%	3.62%	0.30x	4.83x	CN¥-213.88 Million
2017	2.66%	1.88%	0.26x	5.42x	CN¥-366.75 Million
2018	4.06%	1.82%	0.39x	5.66x	CN¥-313.28 Million
2019	5.44%	2.51%	0.40x	5.46x	CN¥-252.36 Million
2020	9.56%	6.21%	0.33x	4.60x	CN¥-30.42 Million
2021	12.94%	5.88%	0.47x	4.63x	CN¥235.57 Million
2022	12.67%	3.61%	0.61x	5.73x	CN¥243.74 Million
2023	7.62%	2.46%	0.61x	5.04x	CN¥-236.76 Million
2024	1.74%	0.85%	0.38x	5.42x	CN¥-818.84 Million

Industry Comparison

This section compares China Baoan Group Co Ltd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $860,406,699
Average return on equity (ROE) among peers: 3.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Baoan Group Co Ltd (000009)	CN¥22.87 Billion	18.48%	1.47x	$2.67 Billion
Yunding Technology Co Ltd (000409)	$289.46 Million	10.54%	0.08x	$883.66 Million
Create Technology & Science Co Ltd (000551)	$41.69 Million	0.00%	1.81x	$1.09 Billion
Sundiro Holding Co Ltd (000571)	$1.12 Billion	-9.79%	1.58x	$658.16 Million
Guangdong Ganhua Science & Industry Co Ltd (000576)	$408.77 Million	-6.81%	1.45x	$466.19 Million
Macrolink Real Estate Co Ltd (000620)	$3.53 Billion	14.40%	4.17x	$2.51 Billion
Tianjin Economic-technological Development Area Co Ltd (000652)	$267.20 Million	26.72%	2.17x	$779.48 Million
CHTC Helon Co Ltd (000677)	$-804.27 Million	0.00%	0.00x	$238.95 Million
Gansu Yatai Industrial Development Co Ltd (000691)	$45.61 Million	-6.64%	4.72x	$791.17 Million
Hunan Fazhan Industrial Co Ltd (000722)	$2.85 Billion	4.93%	0.07x	$1.26 Billion

About China Baoan Group Co Ltd

SHE:000009 China Conglomerates

Market Cap

$2.67 Billion

CN¥18.26 Billion CNY

Market Cap Rank

#5388 Global

#1033 in China

Share Price

CN¥7.08

Change (1 day)

+1.58%

52-Week Range

CN¥6.85 - CN¥12.46

All Time High

CN¥64.93