Bohai Leasing Co Ltd

SHE:000415 China Rental & Leasing Services
Market Cap
$3.73 Billion
CN¥27.40 Billion CNY
Market Cap Rank
#3715 Global
#323 in China
Share Price
CN¥4.43
Change (1 day)
-1.99%
52-Week Range
CN¥2.80 - CN¥5.39
All Time High
CN¥9.41
Categories
Companies in China Rental & Leasing Services
About

Bohai Leasing Co., Ltd., together with its subsidiaries, operates as a leasing company in the People's Republic of China. The company offers aircraft, containers, infrastructure, and large equipment leasing services. Bohai Leasing Co., Ltd. was formerly known as Bohai Capital Holding Co., Ltd. and changed its name to Bohai Leasing Co., Ltd. in November 2018. Bohai Leasing Co., Ltd. Was founded in… Read more

Bohai Leasing Co Ltd (000415) - Net Assets

Latest net assets as of September 2025: CN¥46.06 Billion CNY

Based on the latest financial reports, Bohai Leasing Co Ltd (000415) has net assets worth CN¥46.06 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¥286.33 Billion) and total liabilities (CN¥240.27 Billion). 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¥46.06 Billion
% of Total Assets 16.09%
Annual Growth Rate 25.63%
5-Year Change 17.37%
10-Year Change 49.89%
Growth Volatility 521.99

Bohai Leasing Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Bohai Leasing 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 Bohai Leasing Co Ltd (1993–2024)

The table below shows the annual net assets of Bohai Leasing Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥48.77 Billion +6.92%
2023-12-31 CN¥45.61 Billion +5.41%
2022-12-31 CN¥43.27 Billion +8.51%
2021-12-31 CN¥39.88 Billion -4.03%
2020-12-31 CN¥41.55 Billion -23.86%
2019-12-31 CN¥54.58 Billion -0.94%
2018-12-31 CN¥55.09 Billion +55.57%
2017-12-31 CN¥35.41 Billion -6.16%
2016-12-31 CN¥37.74 Billion +15.98%
2015-12-31 CN¥32.54 Billion +158.28%
2014-12-31 CN¥12.60 Billion +50.23%
2013-12-31 CN¥8.39 Billion -12.41%
2012-12-31 CN¥9.57 Billion +12.24%
2011-12-31 CN¥8.53 Billion +2962.67%
2010-12-31 CN¥278.50 Million -5.07%
2009-12-31 CN¥293.38 Million -22.16%
2008-12-31 CN¥376.92 Million -25.69%
2007-12-31 CN¥507.21 Million -2.40%
2006-12-31 CN¥519.67 Million +11.08%
2005-12-31 CN¥467.82 Million +0.69%
2004-12-31 CN¥464.60 Million -6.81%
2003-12-31 CN¥498.55 Million -9.32%
2002-12-31 CN¥549.78 Million +12.99%
2001-12-31 CN¥486.57 Million +11.88%
2000-12-31 CN¥434.89 Million +12.27%
1999-12-31 CN¥387.36 Million +74.88%
1998-12-31 CN¥221.49 Million +19.77%
1997-12-31 CN¥184.93 Million +15.63%
1996-12-31 CN¥159.92 Million +171.45%
1995-12-31 CN¥58.92 Million +3.94%
1994-12-31 CN¥56.68 Million +37.19%
1993-12-31 CN¥41.32 Million --

Equity Component Analysis

This analysis shows how different components contribute to Bohai Leasing 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 338498700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.38 Billion 10.76%
Common Stock CN¥6.18 Billion 19.65%
Other Comprehensive Income CN¥4.95 Billion 15.74%
Other Components CN¥16.95 Billion 53.85%
Total Equity CN¥31.47 Billion 100.00%

Bohai Leasing Co Ltd Competitors by Market Cap

The table below lists competitors of Bohai Leasing Co Ltd ranked by their market capitalization.

Company Market Cap
Eldorado Resorts Inc
F:2ER
 		$3.31 Billion
Wallenius Wilhelmsen ASA
OTCGREY:WILWY
 		$3.31 Billion
WSFS Financial Corporation
NASDAQ:WSFS
 		$3.31 Billion
F5, Inc.
SA:F1FI34
 		$3.31 Billion
Liberty Global PLC
NASDAQ:LBTYA
 		$3.31 Billion
BILL Holdings, Inc.
LSE:0A75
 		$3.31 Billion
First Capital Securities Co Ltd Class A
SHE:002797
 		$3.31 Billion
SK Innovation Co Ltd Pref
KO:096775
 		$3.30 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 29,602,168,000 to 31,470,660,000, a change of 1,868,492,000 (6.3%).
  • Net income of 903,941,000 contributed positively to equity growth.
  • Dividend payments of 9,801,775,000 reduced retained earnings.
  • Other comprehensive income increased equity by 964,551,000.
  • Other factors increased equity by 9,801,775,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥903.94 Million +2.87%
Dividends Paid CN¥9.80 Billion -31.15%
Other Comprehensive Income CN¥964.55 Million +3.06%
Other Changes CN¥9.80 Billion +31.15%
Total Change CN¥- 6.31%

Book Value vs Market Value Analysis

This analysis compares Bohai Leasing 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: 0.87x
  • 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 58.76x to 0.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.08 CN¥4.43 x
1996-12-31 CN¥0.20 CN¥4.43 x
1997-12-31 CN¥0.24 CN¥4.43 x
1998-12-31 CN¥0.28 CN¥4.43 x
1999-12-31 CN¥0.50 CN¥4.43 x
2000-12-31 CN¥0.54 CN¥4.43 x
2001-12-31 CN¥0.56 CN¥4.43 x
2002-12-31 CN¥0.56 CN¥4.43 x
2003-12-31 CN¥0.45 CN¥4.43 x
2004-12-31 CN¥0.48 CN¥4.43 x
2005-12-31 CN¥0.48 CN¥4.43 x
2006-12-31 CN¥0.51 CN¥4.43 x
2007-12-31 CN¥0.54 CN¥4.43 x
2008-12-31 CN¥0.43 CN¥4.43 x
2009-12-31 CN¥0.32 CN¥4.43 x
2010-12-31 CN¥0.15 CN¥4.43 x
2011-12-31 CN¥3.20 CN¥4.43 x
2012-12-31 CN¥2.78 CN¥4.43 x
2013-12-31 CN¥2.23 CN¥4.43 x
2014-12-31 CN¥2.89 CN¥4.43 x
2015-12-31 CN¥7.74 CN¥4.43 x
2016-12-31 CN¥5.06 CN¥4.43 x
2017-12-31 CN¥5.12 CN¥4.43 x
2018-12-31 CN¥5.78 CN¥4.43 x
2019-12-31 CN¥6.11 CN¥4.43 x
2020-12-31 CN¥4.41 CN¥4.43 x
2021-12-31 CN¥4.15 CN¥4.43 x
2022-12-31 CN¥4.48 CN¥4.43 x
2023-12-31 CN¥4.79 CN¥4.43 x
2024-12-31 CN¥5.09 CN¥4.43 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bohai Leasing 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): 2.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.35%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 9.10x
  • Recent ROE (2.87%) is above the historical average (2.46%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 22.71% 43.80% 0.23x 2.22x CN¥7.49 Million
1996 19.12% 34.81% 0.38x 1.44x CN¥14.59 Million
1997 13.52% 30.60% 0.31x 1.44x CN¥6.51 Million
1998 13.89% 26.59% 0.37x 1.42x CN¥8.62 Million
1999 17.97% 36.68% 0.38x 1.29x CN¥30.86 Million
2000 9.18% 23.26% 0.22x 1.82x CN¥-3.47 Million
2001 6.31% 13.11% 0.23x 2.12x CN¥-16.19 Million
2002 0.33% 0.56% 0.23x 2.59x CN¥-42.42 Million
2003 -23.80% -24.85% 0.24x 4.05x CN¥-119.77 Million
2004 2.53% 2.80% 0.34x 2.65x CN¥-27.95 Million
2005 0.43% 0.55% 0.28x 2.75x CN¥-35.97 Million
2006 4.02% 5.19% 0.27x 2.89x CN¥-23.94 Million
2007 3.12% 3.81% 0.29x 2.82x CN¥-29.00 Million
2008 -25.49% -36.29% 0.22x 3.23x CN¥-119.79 Million
2009 -33.84% -34.47% 0.22x 4.55x CN¥-111.18 Million
2010 1.17% 0.96% 0.24x 4.96x CN¥-22.82 Million
2011 5.19% 35.42% 0.06x 2.63x CN¥-340.28 Million
2012 10.95% 14.18% 0.18x 4.24x CN¥67.55 Million
2013 18.60% 16.51% 0.11x 10.09x CN¥486.57 Million
2014 9.33% 13.33% 0.10x 6.92x CN¥-65.66 Million
2015 4.78% 13.28% 0.07x 4.83x CN¥-1.42 Billion
2016 7.31% 9.39% 0.11x 6.95x CN¥-837.97 Million
2017 8.31% 7.32% 0.12x 9.49x CN¥-533.40 Million
2018 6.38% 5.52% 0.14x 8.00x CN¥-1.29 Billion
2019 4.90% 4.76% 0.15x 7.03x CN¥-1.93 Billion
2020 -28.36% -28.10% 0.11x 9.21x CN¥-10.42 Billion
2021 -4.81% -4.60% 0.11x 9.70x CN¥-3.79 Billion
2022 -7.16% -6.22% 0.12x 9.51x CN¥-4.76 Billion
2023 4.33% 3.80% 0.13x 8.84x CN¥-1.68 Billion
2024 2.87% 2.35% 0.13x 9.10x CN¥-2.24 Billion

Industry Comparison

This section compares Bohai Leasing Co Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.

Industry Context

  • Industry: Rental & Leasing Services
  • Average net assets among peers: $2,004,165,838
  • Average return on equity (ROE) among peers: 9.27%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bohai Leasing Co Ltd (000415) CN¥46.06 Billion 22.71% 5.22x $3.31 Billion
Shaanxi Construction Machinery Co Ltd (600984) $3.38 Billion 4.84% 1.35x $447.19 Million
Zhejiang Huatie Constr Safety (603300) $623.48 Million 13.70% 0.81x $1.40 Billion