Changjiang Securities Co Ltd (000783) - Net Assets

Latest as of March 2026: CN¥42.95 Billion CNY ≈ $6.29 Billion USD

Based on the latest financial reports, Changjiang Securities Co Ltd (000783) has net assets worth CN¥42.95 Billion CNY (≈ $6.29 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥201.73 Billion ≈ $29.52 Billion USD) and total liabilities (CN¥158.78 Billion ≈ $23.23 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. Also explore 000783 total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥42.95 Billion
% of Total Assets 21.29%
Annual Growth Rate 14.22%
5-Year Change 35.66%
10-Year Change 63.23%
Growth Volatility 45.39

Changjiang Securities Co Ltd - Net Assets Trend (1996–2025)

This chart illustrates how Changjiang Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Changjiang Securities Co Ltd to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Changjiang Securities Co Ltd (1996–2025)

The table below shows the annual net assets of Changjiang Securities Co Ltd from 1996 to 2025. For live valuation and market cap data, see how much is Changjiang Securities Co Ltd worth.

Year Net Assets Change
2025-12-31 CN¥42.02 Billion
≈ $6.15 Billion
+6.90%
2024-12-31 CN¥39.31 Billion
≈ $5.75 Billion
+13.05%
2023-12-31 CN¥34.77 Billion
≈ $5.09 Billion
+12.69%
2022-12-31 CN¥30.86 Billion
≈ $4.52 Billion
-0.38%
2021-12-31 CN¥30.97 Billion
≈ $4.53 Billion
+5.88%
2020-12-31 CN¥29.25 Billion
≈ $4.28 Billion
+3.92%
2019-12-31 CN¥28.15 Billion
≈ $4.12 Billion
+5.96%
2018-12-31 CN¥26.57 Billion
≈ $3.89 Billion
-0.75%
2017-12-31 CN¥26.77 Billion
≈ $3.92 Billion
+3.99%
2016-12-31 CN¥25.74 Billion
≈ $3.77 Billion
+51.21%
2015-12-31 CN¥17.02 Billion
≈ $2.49 Billion
+21.97%
2014-12-31 CN¥13.96 Billion
≈ $2.04 Billion
+9.96%
2013-12-31 CN¥12.69 Billion
≈ $1.86 Billion
+4.76%
2012-12-31 CN¥12.12 Billion
≈ $1.77 Billion
+5.33%
2011-12-31 CN¥11.50 Billion
≈ $1.68 Billion
+20.72%
2010-12-31 CN¥9.53 Billion
≈ $1.39 Billion
+4.43%
2009-12-31 CN¥9.12 Billion
≈ $1.34 Billion
+98.21%
2008-12-31 CN¥4.60 Billion
≈ $673.62 Million
-16.16%
2007-12-31 CN¥5.49 Billion
≈ $803.43 Million
+931.78%
2006-12-31 CN¥-660.08 Million
≈ $-96.59 Million
-169.59%
2005-12-31 CN¥948.56 Million
≈ $138.80 Million
-43.51%
2004-12-31 CN¥1.68 Billion
≈ $245.73 Million
+2.68%
2003-12-31 CN¥1.64 Billion
≈ $239.31 Million
+3.47%
2002-12-31 CN¥1.58 Billion
≈ $231.29 Million
-15.68%
2001-12-31 CN¥1.87 Billion
≈ $274.31 Million
+0.43%
2000-12-31 CN¥1.87 Billion
≈ $273.15 Million
-12.41%
1999-12-31 CN¥2.13 Billion
≈ $311.84 Million
-2.62%
1998-12-31 CN¥2.19 Billion
≈ $320.23 Million
+14.86%
1997-12-31 CN¥1.91 Billion
≈ $278.81 Million
+114.14%
1996-12-31 CN¥889.77 Million
≈ $130.20 Million
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Equity Component Analysis

This analysis shows how different components contribute to Changjiang 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 866389973385.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥8.66 Billion 20.67%
Other Components CN¥33.25 Billion 79.33%
Total Equity CN¥41.91 Billion 100.00%

Changjiang Securities Co Ltd Competitors by Market Cap

The table below lists competitors of Changjiang Securities Co Ltd ranked by their market capitalization.

Company Market Cap
Definity Financial Corp
TO:DFY
$6.96 Billion
RATIONAL UN.ADR 1/ 1/20
F:RAA1
$6.96 Billion
Cidara Therapeutics Inc
NASDAQ:CDTX
$6.96 Billion
New Gold Inc
TO:NGD
$6.96 Billion
National Aluminium Company Limited
NSE:NATIONALUM
$6.95 Billion
SODEXO S.A. ADR/ 1/5 EO 4
F:SJ70
$6.95 Billion
Synovus Financial Corp
NYSE:SNV
$6.95 Billion
Shanghai Commercial & Savings Bank Ltd
TW:5876
$6.95 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 39,199,962,000 to 41,914,685,860, a change of 2,714,723,860 (6.9%).
  • Net income of 3,696,410,771 contributed positively to equity growth.
  • Dividend payments of 1,995,946,494 reduced retained earnings.
  • Other comprehensive income decreased equity by 10,926,485,000.
  • Other factors increased equity by 11,940,744,583.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥3.70 Billion +8.82%
Dividends Paid CN¥2.00 Billion -4.76%
Other Comprehensive Income CN¥-10.93 Billion -26.07%
Other Changes CN¥11.94 Billion +28.49%
Total Change CN¥- 6.93%

Book Value vs Market Value Analysis

This analysis compares Changjiang 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: 1.13x
  • 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 35.91x to 1.13x 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¥0.24 CN¥8.60 x
1995-12-31 CN¥0.26 CN¥8.60 x
1996-12-31 CN¥0.30 CN¥8.60 x
1997-12-31 CN¥0.64 CN¥8.60 x
1998-12-31 CN¥0.74 CN¥8.60 x
1999-12-31 CN¥0.79 CN¥8.60 x
2000-12-31 CN¥0.63 CN¥8.60 x
2001-12-31 CN¥0.63 CN¥8.60 x
2002-12-31 CN¥0.53 CN¥8.60 x
2003-12-31 CN¥0.55 CN¥8.60 x
2004-12-31 CN¥0.56 CN¥8.60 x
2005-12-31 CN¥0.31 CN¥8.60 x
2006-12-31 CN¥0.86 CN¥8.60 x
2007-12-31 CN¥1.64 CN¥8.60 x
2008-12-31 CN¥1.15 CN¥8.60 x
2009-12-31 CN¥2.26 CN¥8.60 x
2010-12-31 CN¥2.19 CN¥8.60 x
2011-12-31 CN¥2.51 CN¥8.60 x
2012-12-31 CN¥2.57 CN¥8.60 x
2013-12-31 CN¥2.65 CN¥8.60 x
2014-12-31 CN¥2.94 CN¥8.60 x
2015-12-31 CN¥3.56 CN¥8.60 x
2016-12-31 CN¥5.09 CN¥8.60 x
2017-12-31 CN¥4.80 CN¥8.60 x
2018-12-31 CN¥5.12 CN¥8.60 x
2019-12-31 CN¥4.51 CN¥8.60 x
2020-12-31 CN¥5.02 CN¥8.60 x
2021-12-31 CN¥5.38 CN¥8.60 x
2022-12-31 CN¥4.91 CN¥8.60 x
2023-12-31 CN¥5.82 CN¥8.60 x
2024-12-31 CN¥6.41 CN¥8.60 x
2025-12-31 CN¥7.58 CN¥8.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Changjiang 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): 8.82%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 35.06%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 4.92x
  • Recent ROE (8.82%) is above the historical average (7.35%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 20.59% 0.00% 0.00x 2.00x CN¥73.48 Million
1995 39.33% 0.00% 0.00x 2.08x CN¥221.16 Million
1996 28.65% 0.00% 0.00x 1.75x CN¥159.79 Million
1997 17.63% 10.46% 1.26x 1.34x CN¥140.88 Million
1998 9.74% 7.97% 0.92x 1.33x CN¥-5.67 Million
1999 3.02% 2.41% 1.10x 1.14x CN¥-159.03 Million
2000 -11.37% 0.00% 0.00x 1.70x CN¥-390.46 Million
2001 -0.32% -0.11% 1.76x 1.60x CN¥-189.37 Million
2002 -11.85% 0.00% 0.00x 1.65x CN¥-336.42 Million
2003 3.19% 0.00% 0.00x 1.61x CN¥-108.41 Million
2004 0.76% 0.00% 0.00x 1.86x CN¥-149.68 Million
2005 -81.44% -6.44% 3.53x 3.58x CN¥-816.75 Million
2006 20.98% 36.96% 0.51x 1.12x CN¥272.79 Million
2007 43.05% 48.03% 0.20x 4.52x CN¥1.81 Billion
2008 15.24% 34.71% 0.11x 3.95x CN¥241.29 Million
2009 15.04% 42.27% 0.09x 3.88x CN¥459.57 Million
2010 13.46% 39.01% 0.09x 3.75x CN¥330.13 Million
2011 3.78% 21.67% 0.07x 2.49x CN¥-715.30 Million
2012 5.64% 28.12% 0.08x 2.58x CN¥-528.60 Million
2013 7.94% 33.23% 0.10x 2.49x CN¥-261.55 Million
2014 12.23% 37.79% 0.07x 4.87x CN¥311.40 Million
2015 20.77% 41.63% 0.08x 5.92x CN¥1.81 Billion
2016 8.65% 38.46% 0.05x 4.20x CN¥-344.85 Million
2017 5.83% 27.82% 0.05x 4.27x CN¥-1.11 Billion
2018 0.98% 3.66% 0.07x 3.77x CN¥-2.37 Billion
2019 5.96% 18.22% 0.08x 3.91x CN¥-1.13 Billion
2020 7.17% 20.98% 0.07x 4.64x CN¥-822.95 Million
2021 7.81% 21.25% 0.07x 5.17x CN¥-676.75 Million
2022 4.91% 16.92% 0.06x 5.17x CN¥-1.56 Billion
2023 4.47% 16.36% 0.06x 4.93x CN¥-1.92 Billion
2024 4.68% 21.37% 0.05x 4.38x CN¥-2.09 Billion
2025 8.82% 35.06% 0.05x 4.92x CN¥-495.06 Million

Industry Comparison

This section compares Changjiang 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: $23,080,089,748
  • Average return on equity (ROE) among peers: 4.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Changjiang Securities Co Ltd (000783) CN¥42.95 Billion 20.59% 3.70x $6.96 Billion
Shenwan Hongyuan Group Co Ltd (000166) $128.79 Billion 3.58% 3.93x $15.47 Billion
Northeast Securities Co Ltd (000686) $7.21 Billion 2.09% 1.28x $2.78 Billion
Guangdong Golden Dragon Development Inc (000712) $448.61 Million 5.25% 0.60x $1.17 Billion
Guoyuan Securities Co Ltd (000728) $867.69 Million -23.90% 0.15x $4.69 Billion
Sealand Securities Co Ltd (000750) $323.04 Million -2.76% 1.28x $3.59 Billion
GF Securities Co Ltd (000776) $19.43 Billion 20.72% 3.94x $18.45 Billion
Shanxi Securities Co Ltd (002500) $18.29 Billion 3.89% 3.41x $2.84 Billion
Western Securities Co Ltd (002673) $28.12 Billion 4.14% 2.42x $4.42 Billion
Huaxi Securities Co Ltd Class A (002926) $4.23 Billion 23.83% 3.64x $3.23 Billion

About Changjiang Securities Co Ltd

SHE:000783 China Capital Markets
Market Cap
$6.96 Billion
CN¥47.56 Billion CNY
Market Cap Rank
#2861 Global
#347 in China
Share Price
CN¥8.60
Change (1 day)
+0.35%
52-Week Range
CN¥6.79 - CN¥10.54
All Time High
CN¥10.93
About

Changjiang Securities Company Limited operates as a securities company in China. The company offers wealth management, investment banking, asset management, research, investment, and international business to individuals, institutional investors, corporate and government clients. It also provides securities brokerage, funds, futures, private equity fund management, and equity and innovative inves… Read more