Changjiang Securities Co Ltd (000783) - Net Assets

Latest as of September 2025: CN¥35.69 Billion CNY ≈ $5.22 Billion USD

Based on the latest financial reports, Changjiang Securities Co Ltd (000783) has net assets worth CN¥35.69 Billion CNY (≈ $5.22 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¥191.54 Billion ≈ $28.03 Billion USD) and total liabilities (CN¥155.85 Billion ≈ $22.81 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 Changjiang Securities Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥35.69 Billion
% of Total Assets	18.64%
Annual Growth Rate	15.73%
5-Year Change	34.37%
10-Year Change	130.9%
Growth Volatility	46.23

Changjiang Securities Co Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Changjiang Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Changjiang Securities Co Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Changjiang Securities Co Ltd (2002–2024)

The table below shows the annual net assets of Changjiang Securities Co Ltd from 2002 to 2024. For live valuation and market cap data, see 000783 market cap.

Year	Net Assets	Change
2024-12-31	CN¥39.31 Billion ≈ $5.75 Billion	+13.05%
2023-12-31	CN¥34.77 Billion ≈ $5.09 Billion	+12.67%
2022-12-31	CN¥30.86 Billion ≈ $4.52 Billion	-0.37%
2021-12-31	CN¥30.97 Billion ≈ $4.53 Billion	+5.88%
2020-12-31	CN¥29.25 Billion ≈ $4.28 Billion	+3.91%
2019-12-31	CN¥28.15 Billion ≈ $4.12 Billion	+5.05%
2018-12-31	CN¥26.80 Billion ≈ $3.92 Billion	+0.12%
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	-22.03%
2007-12-31	CN¥5.90 Billion ≈ $863.90 Million	+994.39%
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	--

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 695186900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥6.95 Billion	17.73%
Common Stock	CN¥5.53 Billion	14.11%
Other Comprehensive Income	CN¥10.93 Billion	27.87%
Other Components	CN¥15.79 Billion	40.28%
Total Equity	CN¥39.20 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
JAPAN AIRL.ADR 1/2 YN 50 F:JALA	$6.47 Billion
NEXTDC Ltd AU:NXT	$6.47 Billion
Railway Signal Communication Ltd SHG:688009	$6.47 Billion
Schaeffler AG XETRA:SHA0	$6.47 Billion
Beijing New Building Materials Public Ltd Co SHE:000786	$6.46 Billion
TXNM Energy, Inc. NYSE:TXNM	$6.45 Billion
Tencent Music Entertainment Group NYSE:TME	$6.45 Billion
Celanese Corporation NYSE:CE	$6.44 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 2023 to 2024, total equity changed from 32,162,081,000 to 39,199,962,000, a change of 7,037,881,000 (21.9%).
Net income of 1,834,953,886 contributed positively to equity growth.
Dividend payments of 2,234,604,313 reduced retained earnings.
Other comprehensive income increased equity by 1,067,734,000.
Other factors increased equity by 6,369,797,427.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥1.83 Billion	+4.68%
Dividends Paid	CN¥2.23 Billion	-5.7%
Other Comprehensive Income	CN¥1.07 Billion	+2.72%
Other Changes	CN¥6.37 Billion	+16.25%
Total Change	CN¥-	21.88%

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: 1.25x
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 33.36x to 1.25x 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¥7.99	x
1995-12-31	CN¥0.26	CN¥7.99	x
1996-12-31	CN¥0.30	CN¥7.99	x
1997-12-31	CN¥0.64	CN¥7.99	x
1998-12-31	CN¥0.74	CN¥7.99	x
1999-12-31	CN¥0.79	CN¥7.99	x
2000-12-31	CN¥0.63	CN¥7.99	x
2001-12-31	CN¥0.63	CN¥7.99	x
2002-12-31	CN¥0.53	CN¥7.99	x
2003-12-31	CN¥0.55	CN¥7.99	x
2004-12-31	CN¥0.56	CN¥7.99	x
2005-12-31	CN¥0.31	CN¥7.99	x
2006-12-31	CN¥-0.24	CN¥7.99	x
2007-12-31	CN¥1.76	CN¥7.99	x
2008-12-31	CN¥1.15	CN¥7.99	x
2009-12-31	CN¥2.26	CN¥7.99	x
2010-12-31	CN¥2.19	CN¥7.99	x
2011-12-31	CN¥2.51	CN¥7.99	x
2012-12-31	CN¥2.57	CN¥7.99	x
2013-12-31	CN¥2.65	CN¥7.99	x
2014-12-31	CN¥2.94	CN¥7.99	x
2015-12-31	CN¥3.56	CN¥7.99	x
2016-12-31	CN¥5.09	CN¥7.99	x
2017-12-31	CN¥4.80	CN¥7.99	x
2018-12-31	CN¥5.16	CN¥7.99	x
2019-12-31	CN¥4.51	CN¥7.99	x
2020-12-31	CN¥5.02	CN¥7.99	x
2021-12-31	CN¥5.38	CN¥7.99	x
2022-12-31	CN¥4.91	CN¥7.99	x
2023-12-31	CN¥5.40	CN¥7.99	x
2024-12-31	CN¥6.41	CN¥7.99	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): 4.68%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 21.37%
• Asset Turnover: 0.05x
• Equity Multiplier: 4.38x
Recent ROE (4.68%) is below the historical average (6.66%), 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	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	16.26%	9.65%	1.26x	1.34x	CN¥115.47 Million
1998	12.75%	10.44%	0.92x	1.33x	CN¥58.95 Million
1999	4.28%	3.40%	1.10x	1.14x	CN¥-130.50 Million
2000	-11.37%	0.00%	0.00x	1.70x	CN¥-390.46 Million
2001	0.38%	0.13%	1.76x	1.60x	CN¥-176.54 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	0.00%	36.96%	0.51x	0.00x	CN¥592.03 Million
2007	40.04%	48.03%	0.20x	4.27x	CN¥1.77 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¥-261.44 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	0.97%	3.66%	0.07x	3.75x	CN¥-2.40 Billion
2019	5.96%	18.22%	0.08x	3.91x	CN¥-1.13 Billion
2020	7.17%	20.98%	0.07x	4.62x	CN¥-822.97 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	4.81%	16.36%	0.06x	5.31x	CN¥-1.67 Billion
2024	4.68%	21.37%	0.05x	4.38x	CN¥-2.09 Billion

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: $10,575,978,108
Average return on equity (ROE) among peers: 2.84%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Changjiang Securities Co Ltd (000783)	CN¥35.69 Billion	20.59%	4.37x	$6.47 Billion
Shenwan Hongyuan Group Co Ltd (000166)	$11.87 Billion	18.85%	3.13x	$15.63 Billion
Northeast Securities Co Ltd (000686)	$447.43 Million	2.34%	0.17x	$2.97 Billion
Guangdong Golden Dragon Development Inc (000712)	$307.58 Million	10.63%	0.48x	$1.37 Billion
Guoyuan Securities Co Ltd (000728)	$867.69 Million	-23.90%	0.15x	$4.69 Billion
Sealand Securities Co Ltd (000750)	$23.44 Billion	3.27%	1.94x	$3.65 Billion
GF Securities Co Ltd (000776)	$266.75 Million	4.73%	0.31x	$18.34 Billion
Shanxi Securities Co Ltd (002500)	$17.45 Billion	4.30%	2.58x	$2.97 Billion
Western Securities Co Ltd (002673)	$17.74 Billion	3.44%	1.74x	$4.70 Billion
Huaxi Securities Co Ltd Class A (002926)	$22.80 Billion	1.86%	2.90x	$3.35 Billion

About Changjiang Securities Co Ltd

SHE:000783 China Capital Markets

Market Cap

$6.47 Billion

CN¥44.19 Billion CNY

Market Cap Rank

#3032 Global

#416 in China

Share Price

CN¥7.99

Change (1 day)

+10.06%

52-Week Range

CN¥6.49 - CN¥9.10

All Time High

CN¥10.93