CNPC Capital Co Ltd (000617) - Net Assets
Based on the latest financial reports, CNPC Capital Co Ltd (000617) has net assets worth CN¥192.84 Billion CNY (≈ $28.22 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¥1.12 Trillion ≈ $163.31 Billion USD) and total liabilities (CN¥923.18 Billion ≈ $135.09 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 CNPC Capital Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥192.84 Billion |
| % of Total Assets | 17.28% |
| Annual Growth Rate | 31.09% |
| 5-Year Change | 14.88% |
| 10-Year Change | 35246.66% |
| Growth Volatility | 4022.02 |
CNPC Capital Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how CNPC Capital Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000617 total asset value for the complete picture of this company's asset base.
Annual Net Assets for CNPC Capital Co Ltd (1993–2024)
The table below shows the annual net assets of CNPC Capital Co Ltd from 1993 to 2024. For live valuation and market cap data, see CNPC Capital Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥186.30 Billion ≈ $27.26 Billion |
+0.85% |
| 2023-12-31 | CN¥184.73 Billion ≈ $27.03 Billion |
+5.15% |
| 2022-12-31 | CN¥175.69 Billion ≈ $25.71 Billion |
+4.28% |
| 2021-12-31 | CN¥168.48 Billion ≈ $24.65 Billion |
+3.89% |
| 2020-12-31 | CN¥162.17 Billion ≈ $23.73 Billion |
+5.59% |
| 2019-12-31 | CN¥153.58 Billion ≈ $22.47 Billion |
+7.93% |
| 2018-12-31 | CN¥142.30 Billion ≈ $20.82 Billion |
+8.12% |
| 2017-12-31 | CN¥131.62 Billion ≈ $19.26 Billion |
+9.16% |
| 2016-12-31 | CN¥120.58 Billion ≈ $17.64 Billion |
+22776.54% |
| 2015-12-31 | CN¥527.08 Million ≈ $77.13 Million |
-12.01% |
| 2014-12-31 | CN¥599.00 Million ≈ $87.65 Million |
-15.62% |
| 2013-12-31 | CN¥709.84 Million ≈ $103.87 Million |
+2.08% |
| 2012-12-31 | CN¥695.35 Million ≈ $101.75 Million |
-6.32% |
| 2011-12-31 | CN¥742.29 Million ≈ $108.62 Million |
-12.35% |
| 2010-12-31 | CN¥846.91 Million ≈ $123.93 Million |
+1.33% |
| 2009-12-31 | CN¥835.83 Million ≈ $122.31 Million |
+5.93% |
| 2008-12-31 | CN¥789.07 Million ≈ $115.47 Million |
+16.44% |
| 2007-12-31 | CN¥677.65 Million ≈ $99.16 Million |
+16.73% |
| 2006-12-31 | CN¥580.55 Million ≈ $84.95 Million |
+24.52% |
| 2005-12-31 | CN¥466.24 Million ≈ $68.23 Million |
+33.81% |
| 2004-12-31 | CN¥348.44 Million ≈ $50.99 Million |
+43.78% |
| 2003-12-31 | CN¥242.34 Million ≈ $35.46 Million |
+25.16% |
| 2002-12-31 | CN¥193.62 Million ≈ $28.33 Million |
+12.07% |
| 2001-12-31 | CN¥172.76 Million ≈ $25.28 Million |
-2.93% |
| 2000-12-31 | CN¥177.97 Million ≈ $26.04 Million |
+3.01% |
| 1999-12-31 | CN¥172.77 Million ≈ $25.28 Million |
-8.75% |
| 1998-12-31 | CN¥189.33 Million ≈ $27.70 Million |
-7.04% |
| 1997-12-31 | CN¥203.66 Million ≈ $29.80 Million |
+0.19% |
| 1996-12-31 | CN¥203.26 Million ≈ $29.74 Million |
+173.74% |
| 1995-12-31 | CN¥74.25 Million ≈ $10.87 Million |
+39.78% |
| 1994-12-31 | CN¥53.12 Million ≈ $7.77 Million |
+25.97% |
| 1993-12-31 | CN¥42.17 Million ≈ $6.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CNPC Capital 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 4065472300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥40.65 Billion | 39.98% |
| Common Stock | CN¥12.64 Billion | 12.43% |
| Other Comprehensive Income | CN¥13.27 Billion | 13.05% |
| Other Components | CN¥35.13 Billion | 34.55% |
| Total Equity | CN¥101.70 Billion | 100.00% |
CNPC Capital Co Ltd Competitors by Market Cap
The table below lists competitors of CNPC Capital Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Twilio Inc
NYSE:TWLO
|
$17.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
$17.35 Billion |
|
Nan Ya Printed Circuit Board Corp
TW:8046
|
$17.39 Billion |
|
Hong Kong Land Holdings Ltd
LSE:HKLB
|
$17.39 Billion |
|
China Merchants Securities Co Ltd
SHG:600999
|
$17.29 Billion |
|
Santos Ltd
AU:STO
|
$17.28 Billion |
|
Cemex SAB de CV ADR
NYSE:CX
|
$17.28 Billion |
|
STMicroelectronics N.V
F:SGMR
|
$17.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNPC Capital Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 100,131,453,321 to 101,698,221,000, a change of 1,566,767,679 (1.6%).
- Net income of 4,652,010,000 contributed positively to equity growth.
- Dividend payments of 2,735,056,479 reduced retained earnings.
- Other comprehensive income increased equity by 13,267,548,000.
- Other factors decreased equity by 13,617,733,842.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.65 Billion | +4.57% |
| Dividends Paid | CN¥2.74 Billion | -2.69% |
| Other Comprehensive Income | CN¥13.27 Billion | +13.05% |
| Other Changes | CN¥-13.62 Billion | -13.39% |
| Total Change | CN¥- | 1.56% |
Book Value vs Market Value Analysis
This analysis compares CNPC Capital 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: 1.16x
- 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 88.80x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.11 | CN¥9.35 | x |
| 1994-12-31 | CN¥0.13 | CN¥9.35 | x |
| 1995-12-31 | CN¥0.19 | CN¥9.35 | x |
| 1996-12-31 | CN¥0.51 | CN¥9.35 | x |
| 1997-12-31 | CN¥0.51 | CN¥9.35 | x |
| 1998-12-31 | CN¥0.47 | CN¥9.35 | x |
| 1999-12-31 | CN¥0.43 | CN¥9.35 | x |
| 2000-12-31 | CN¥0.44 | CN¥9.35 | x |
| 2001-12-31 | CN¥0.43 | CN¥9.35 | x |
| 2002-12-31 | CN¥0.48 | CN¥9.35 | x |
| 2003-12-31 | CN¥0.61 | CN¥9.35 | x |
| 2004-12-31 | CN¥0.87 | CN¥9.35 | x |
| 2005-12-31 | CN¥1.16 | CN¥9.35 | x |
| 2006-12-31 | CN¥1.58 | CN¥9.35 | x |
| 2007-12-31 | CN¥1.68 | CN¥9.35 | x |
| 2008-12-31 | CN¥2.38 | CN¥9.35 | x |
| 2009-12-31 | CN¥2.04 | CN¥9.35 | x |
| 2010-12-31 | CN¥2.16 | CN¥9.35 | x |
| 2011-12-31 | CN¥1.87 | CN¥9.35 | x |
| 2012-12-31 | CN¥1.75 | CN¥9.35 | x |
| 2013-12-31 | CN¥1.55 | CN¥9.35 | x |
| 2014-12-31 | CN¥1.49 | CN¥9.35 | x |
| 2015-12-31 | CN¥1.32 | CN¥9.35 | x |
| 2016-12-31 | CN¥6.46 | CN¥9.35 | x |
| 2017-12-31 | CN¥5.67 | CN¥9.35 | x |
| 2018-12-31 | CN¥6.11 | CN¥9.35 | x |
| 2019-12-31 | CN¥6.64 | CN¥9.35 | x |
| 2020-12-31 | CN¥7.07 | CN¥9.35 | x |
| 2021-12-31 | CN¥7.35 | CN¥9.35 | x |
| 2022-12-31 | CN¥7.56 | CN¥9.35 | x |
| 2023-12-31 | CN¥7.92 | CN¥9.35 | x |
| 2024-12-31 | CN¥8.04 | CN¥9.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNPC Capital 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): 4.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.92%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.66x
- Recent ROE (4.57%) is below the historical average (43.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 19.02% | 6.75% | 0.64x | 4.42x | CN¥3.81 Million |
| 1994 | 20.61% | 9.38% | 0.57x | 3.87x | CN¥5.64 Million |
| 1995 | 19.63% | 9.16% | 0.67x | 3.22x | CN¥7.15 Million |
| 1996 | 12.70% | 13.27% | 0.54x | 1.78x | CN¥5.48 Million |
| 1997 | 0.44% | 0.64% | 0.36x | 1.90x | CN¥-19.47 Million |
| 1998 | -8.56% | -10.16% | 0.43x | 1.95x | CN¥-35.13 Million |
| 1999 | 0.41% | 0.31% | 0.49x | 2.74x | CN¥-16.56 Million |
| 2000 | 0.42% | 0.33% | 0.48x | 2.68x | CN¥-17.05 Million |
| 2001 | 9.91% | 7.42% | 0.51x | 2.64x | CN¥-153.90K |
| 2002 | 17.89% | 13.08% | 0.46x | 3.01x | CN¥15.28 Million |
| 2003 | 19.70% | 14.58% | 0.52x | 2.57x | CN¥23.50 Million |
| 2004 | 34.88% | 18.21% | 0.79x | 2.43x | CN¥86.69 Million |
| 2005 | 26.62% | 15.45% | 0.66x | 2.62x | CN¥77.49 Million |
| 2006 | 19.96% | 13.70% | 0.52x | 2.80x | CN¥57.40 Million |
| 2007 | 14.52% | 9.61% | 0.54x | 2.79x | CN¥30.41 Million |
| 2008 | 13.21% | 8.21% | 0.62x | 2.58x | CN¥25.36 Million |
| 2009 | 6.31% | 3.32% | 0.72x | 2.65x | CN¥-30.83 Million |
| 2010 | 1.99% | 1.19% | 0.56x | 2.99x | CN¥-67.86 Million |
| 2011 | -13.01% | -5.73% | 0.52x | 4.36x | CN¥-170.79 Million |
| 2012 | -4.08% | -1.83% | 0.55x | 4.04x | CN¥-97.88 Million |
| 2013 | 1.39% | 0.61% | 0.70x | 3.29x | CN¥-61.14 Million |
| 2014 | -19.23% | -12.39% | 0.42x | 3.68x | CN¥-175.08 Million |
| 2015 | 1141.62% | 19.56% | 13.89x | 4.20x | CN¥5.96 Billion |
| 2016 | 8.41% | 19.20% | 0.04x | 11.78x | CN¥-1.05 Billion |
| 2017 | 9.57% | 23.35% | 0.03x | 12.11x | CN¥-307.16 Million |
| 2018 | 9.46% | 21.61% | 0.04x | 11.52x | CN¥-415.87 Million |
| 2019 | 9.28% | 23.52% | 0.04x | 11.12x | CN¥-604.54 Million |
| 2020 | 8.77% | 26.04% | 0.03x | 10.51x | CN¥-1.10 Billion |
| 2021 | 5.98% | 17.92% | 0.03x | 10.67x | CN¥-3.74 Billion |
| 2022 | 5.15% | 15.17% | 0.03x | 10.71x | CN¥-4.64 Billion |
| 2023 | 5.06% | 12.99% | 0.04x | 10.72x | CN¥-4.95 Billion |
| 2024 | 4.57% | 11.92% | 0.04x | 10.66x | CN¥-5.52 Billion |
Industry Comparison
This section compares CNPC Capital Co Ltd's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $7,545,649,647
- Average return on equity (ROE) among peers: -15.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CNPC Capital Co Ltd (000617) | CN¥192.84 Billion | 19.02% | 4.79x | $17.30 Billion |
| Guangzhou Friendship Group Co Ltd (000987) | $2.22 Billion | 10.30% | 0.49x | $6.52 Billion |
| Rendong Holdings Co Ltd (002647) | $115.11 Million | -187.07% | 37.47x | $2.28 Billion |
| Guosheng Financial Holding Inc (002670) | $11.66 Billion | -3.68% | 1.83x | $3.65 Billion |
| Guosen Securities Co Ltd (002736) | $15.86 Billion | 26.30% | 3.85x | $16.11 Billion |
| First Capital Securities Co Ltd Class A (002797) | $3.10 Billion | 11.23% | 1.90x | $4.81 Billion |
| Minmetals Capital Co Ltd (600390) | $677.54 Million | 3.92% | 0.33x | $3.48 Billion |
| Shanghai Chinafortune Co Ltd (600621) | $1.31 Billion | 10.41% | 0.58x | $2.22 Billion |
| China Galaxy Securities Co Ltd Class A (601881) | $25.42 Billion | 8.40% | 2.08x | $13.61 Billion |
About CNPC Capital Co Ltd
CNPC Capital Company Limited provides financial services in China and internationally. It provides financial leasing, trust, insurance brokerage, securities, equity, and credit enhancement services, as well as engages in equity investment and digital intelligence business. The company also offers short-term, medium-term, and long-term loans; domestic and foreign settlements; bill acceptance and d… Read more