Sealand Securities Co Ltd
Sealand Securities Co., Ltd., together with its subsidiaries, provides securities brokerage services in China. It operates through five segments: Wealth Management Business, Corporate Financial Services Business, Sales Trading and Investment Business, Investment Management Business, and Other Businesses. The company offers research reports, roadshows, counter-roadshows, surveys, and other customi… Read more
Sealand Securities Co Ltd (000750) - Net Assets
Latest net assets as of September 2025: CN¥23.43 Billion CNY
Based on the latest financial reports, Sealand Securities Co Ltd (000750) has net assets worth CN¥23.43 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¥74.96 Billion) and total liabilities (CN¥51.53 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¥23.43 Billion |
| % of Total Assets | 31.26% |
| Annual Growth Rate | 22.22% |
| 5-Year Change | 20.45% |
| 10-Year Change | 65.92% |
| Growth Volatility | 220.86 |
Sealand Securities Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Sealand Securities 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 Sealand Securities Co Ltd (1994–2024)
The table below shows the annual net assets of Sealand Securities Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.93 Billion | +0.92% |
| 2023-12-31 | CN¥22.72 Billion | +17.49% |
| 2022-12-31 | CN¥19.34 Billion | +0.61% |
| 2021-12-31 | CN¥19.22 Billion | +0.96% |
| 2020-12-31 | CN¥19.04 Billion | +31.18% |
| 2019-12-31 | CN¥14.51 Billion | +3.32% |
| 2018-12-31 | CN¥14.04 Billion | -1.21% |
| 2017-12-31 | CN¥14.22 Billion | +0.02% |
| 2016-12-31 | CN¥14.21 Billion | +2.86% |
| 2015-12-31 | CN¥13.82 Billion | +92.95% |
| 2014-12-31 | CN¥7.16 Billion | +10.59% |
| 2013-12-31 | CN¥6.48 Billion | +115.32% |
| 2012-12-31 | CN¥3.01 Billion | +2.59% |
| 2011-12-31 | CN¥2.93 Billion | +5.04% |
| 2010-12-31 | CN¥2.79 Billion | +1078.20% |
| 2009-12-31 | CN¥236.88 Million | +2.23% |
| 2008-12-31 | CN¥231.72 Million | -19.62% |
| 2007-12-31 | CN¥288.29 Million | -10.76% |
| 2006-12-31 | CN¥323.04 Million | -14.22% |
| 2005-12-31 | CN¥376.59 Million | -27.32% |
| 2004-12-31 | CN¥518.14 Million | -23.03% |
| 2003-12-31 | CN¥673.20 Million | -5.20% |
| 2002-12-31 | CN¥710.16 Million | -1.12% |
| 2001-12-31 | CN¥718.21 Million | +0.74% |
| 2000-12-31 | CN¥712.94 Million | +70.01% |
| 1999-12-31 | CN¥419.36 Million | +11.22% |
| 1998-12-31 | CN¥377.05 Million | -4.70% |
| 1997-12-31 | CN¥395.63 Million | +632.07% |
| 1996-12-31 | CN¥54.04 Million | +6.97% |
| 1995-12-31 | CN¥50.52 Million | -9.22% |
| 1994-12-31 | CN¥55.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sealand Securities 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 17458.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.59 Billion | 7.19% |
| Common Stock | CN¥6.39 Billion | 28.89% |
| Other Components | CN¥14.13 Billion | 63.92% |
| Total Equity | CN¥22.11 Billion | 100.00% |
Sealand Securities Co Ltd Competitors by Market Cap
The table below lists competitors of Sealand Securities Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spyre Therapeutics Inc.
NASDAQ:SYRE
|
$2.84 Billion |
|
PROMOTORA OPER (AKY.SG)
STU:AKY
|
$2.84 Billion |
|
Whirlpool Corporation
NYSE:WHR
|
$2.84 Billion |
|
LG Uplus
KO:032640
|
$2.84 Billion |
|
Meiko Electronics Co. Ltd
F:MEC
|
$2.84 Billion |
|
Guaranty Trust Holding Co. PLC GDR
LSE:GTCO
|
$2.84 Billion |
|
Chemours Co
NYSE:CC
|
$2.84 Billion |
|
Nichirei Corporation
PINK:NCHEY
|
$2.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sealand Securities Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,956,346,382 to 22,108,386,814, a change of 152,040,432 (0.7%).
- Net income of 428,379,469 contributed positively to equity growth.
- Dividend payments of 598,948,941 reduced retained earnings.
- Other comprehensive income decreased equity by 2,813,351,654.
- Other factors increased equity by 3,135,961,558.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥428.38 Million | +1.94% |
| Dividends Paid | CN¥598.95 Million | -2.71% |
| Other Comprehensive Income | CN¥-2.81 Billion | -12.73% |
| Other Changes | CN¥3.14 Billion | +14.18% |
| Total Change | CN¥- | 0.69% |
Book Value vs Market Value Analysis
This analysis compares Sealand Securities 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: 1.17x
- 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 65.83x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.06 | CN¥4.06 | x |
| 1995-12-31 | CN¥0.06 | CN¥4.06 | x |
| 1996-12-31 | CN¥0.06 | CN¥4.06 | x |
| 1997-12-31 | CN¥0.44 | CN¥4.06 | x |
| 1998-12-31 | CN¥0.42 | CN¥4.06 | x |
| 1999-12-31 | CN¥0.43 | CN¥4.06 | x |
| 2000-12-31 | CN¥0.66 | CN¥4.06 | x |
| 2001-12-31 | CN¥0.67 | CN¥4.06 | x |
| 2002-12-31 | CN¥0.67 | CN¥4.06 | x |
| 2003-12-31 | CN¥0.67 | CN¥4.06 | x |
| 2004-12-31 | CN¥0.52 | CN¥4.06 | x |
| 2005-12-31 | CN¥0.35 | CN¥4.06 | x |
| 2006-12-31 | CN¥0.33 | CN¥4.06 | x |
| 2007-12-31 | CN¥0.31 | CN¥4.06 | x |
| 2008-12-31 | CN¥0.25 | CN¥4.06 | x |
| 2009-12-31 | CN¥0.26 | CN¥4.06 | x |
| 2010-12-31 | CN¥1.11 | CN¥4.06 | x |
| 2011-12-31 | CN¥1.08 | CN¥4.06 | x |
| 2012-12-31 | CN¥0.87 | CN¥4.06 | x |
| 2013-12-31 | CN¥1.83 | CN¥4.06 | x |
| 2014-12-31 | CN¥1.78 | CN¥4.06 | x |
| 2015-12-31 | CN¥3.17 | CN¥4.06 | x |
| 2016-12-31 | CN¥2.96 | CN¥4.06 | x |
| 2017-12-31 | CN¥3.00 | CN¥4.06 | x |
| 2018-12-31 | CN¥3.38 | CN¥4.06 | x |
| 2019-12-31 | CN¥3.03 | CN¥4.06 | x |
| 2020-12-31 | CN¥3.44 | CN¥4.06 | x |
| 2021-12-31 | CN¥3.41 | CN¥4.06 | x |
| 2022-12-31 | CN¥3.42 | CN¥4.06 | x |
| 2023-12-31 | CN¥3.92 | CN¥4.06 | x |
| 2024-12-31 | CN¥3.46 | CN¥4.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sealand Securities 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): 1.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.73%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.70x
- Recent ROE (1.94%) is below the historical average (3.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 16.82% | 43.08% | 0.30x | 1.29x | CN¥3.79 Million |
| 1995 | 29.93% | 35.00% | 0.37x | 2.30x | CN¥10.07 Million |
| 1996 | 63.87% | 37.79% | 0.52x | 3.23x | CN¥29.11 Million |
| 1997 | 9.99% | 25.33% | 0.35x | 1.14x | CN¥-56.03K |
| 1998 | 11.58% | 26.35% | 0.31x | 1.41x | CN¥5.94 Million |
| 1999 | 3.16% | 9.09% | 0.20x | 1.76x | CN¥-26.63 Million |
| 2000 | 3.15% | 8.28% | 0.22x | 1.70x | CN¥-40.91 Million |
| 2001 | 0.51% | 2.01% | 0.14x | 1.78x | CN¥-56.96 Million |
| 2002 | 0.18% | 0.57% | 0.18x | 1.70x | CN¥-59.11 Million |
| 2003 | 0.32% | 0.86% | 0.19x | 1.98x | CN¥-58.44 Million |
| 2004 | -27.33% | -55.01% | 0.20x | 2.44x | CN¥-176.35 Million |
| 2005 | -48.94% | -77.18% | 0.18x | 3.60x | CN¥-187.78 Million |
| 2006 | 4.50% | 7.47% | 0.25x | 2.38x | CN¥-17.05 Million |
| 2007 | -11.34% | -16.30% | 0.34x | 2.04x | CN¥-59.42 Million |
| 2008 | -25.99% | -56.57% | 0.20x | 2.35x | CN¥-80.45 Million |
| 2009 | 3.64% | 5.30% | 0.34x | 2.02x | CN¥-14.84 Million |
| 2010 | 17.93% | 23.20% | 0.15x | 5.25x | CN¥202.02 Million |
| 2011 | 2.82% | 5.30% | 0.13x | 4.17x | CN¥-192.64 Million |
| 2012 | 4.87% | 8.47% | 0.14x | 4.16x | CN¥-140.59 Million |
| 2013 | 4.99% | 16.97% | 0.12x | 2.36x | CN¥-309.55 Million |
| 2014 | 10.22% | 27.11% | 0.10x | 3.91x | CN¥14.72 Million |
| 2015 | 13.52% | 36.15% | 0.09x | 3.96x | CN¥467.14 Million |
| 2016 | 7.38% | 26.46% | 0.06x | 4.94x | CN¥-360.24 Million |
| 2017 | 2.73% | 14.30% | 0.04x | 4.80x | CN¥-999.75 Million |
| 2018 | 0.54% | 1.88% | 0.06x | 4.65x | CN¥-1.28 Billion |
| 2019 | 3.48% | 9.53% | 0.08x | 4.73x | CN¥-913.23 Million |
| 2020 | 3.93% | 12.92% | 0.08x | 3.94x | CN¥-1.12 Billion |
| 2021 | 4.12% | 12.12% | 0.08x | 4.09x | CN¥-1.09 Billion |
| 2022 | 1.34% | 5.35% | 0.06x | 3.97x | CN¥-1.61 Billion |
| 2023 | 1.49% | 6.29% | 0.07x | 3.18x | CN¥-1.87 Billion |
| 2024 | 1.94% | 8.73% | 0.08x | 2.70x | CN¥-1.78 Billion |
Industry Comparison
This section compares Sealand Securities Co Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $21,724,747,657
- Average return on equity (ROE) among peers: 7.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sealand Securities Co Ltd (000750) | CN¥23.43 Billion | 16.82% | 2.20x | $2.84 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $16.07 Billion | 18.21% | 3.12x | $10.62 Billion |
| Northeast Securities Co Ltd (000686) | $78.26 Million | 20.27% | 1.28x | $1.48 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $892.70 Million | 2.45% | 0.50x | $913.07 Million |
| GF Securities Co Ltd (000776) | $94.14 Billion | 8.01% | 3.19x | $10.71 Billion |
| Changjiang Securities Co Ltd (000783) | $26.77 Billion | 5.77% | 3.23x | $3.30 Billion |
| Holly Futures Co. Ltd. A (001236) | $1.68 Billion | 4.77% | 3.81x | $591.25 Million |
| Shanxi Securities Co Ltd (002500) | $6.30 Billion | 3.07% | 1.08x | $1.47 Billion |
| Western Securities Co Ltd (002673) | $27.16 Billion | 1.59% | 2.52x | $2.22 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $22.44 Billion | 1.88% | 3.36x | $1.41 Billion |