Bank of Ningbo Co Ltd (002142) - Net Assets
Based on the latest financial reports, Bank of Ningbo Co Ltd (002142) has net assets worth CN¥233.93 Billion CNY (≈ $34.23 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¥3.58 Trillion ≈ $523.63 Billion USD) and total liabilities (CN¥3.34 Trillion ≈ $489.40 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 Bank of Ningbo Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥233.93 Billion |
| % of Total Assets | 6.54% |
| Annual Growth Rate | 27.77% |
| 5-Year Change | 96.87% |
| 10-Year Change | 419.45% |
| Growth Volatility | 30.71 |
Bank of Ningbo Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Bank of Ningbo Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Bank of Ningbo Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Bank of Ningbo Co Ltd (2004–2024)
The table below shows the annual net assets of Bank of Ningbo Co Ltd from 2004 to 2024. For live valuation and market cap data, see 002142 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥234.26 Billion ≈ $34.28 Billion |
+15.85% |
| 2023-12-31 | CN¥202.21 Billion ≈ $29.59 Billion |
+19.99% |
| 2022-12-31 | CN¥168.53 Billion ≈ $24.66 Billion |
+12.40% |
| 2021-12-31 | CN¥149.94 Billion ≈ $21.94 Billion |
+26.00% |
| 2020-12-31 | CN¥118.99 Billion ≈ $17.41 Billion |
+18.12% |
| 2019-12-31 | CN¥100.74 Billion ≈ $14.74 Billion |
+24.01% |
| 2018-12-31 | CN¥81.23 Billion ≈ $11.89 Billion |
+42.00% |
| 2017-12-31 | CN¥57.21 Billion ≈ $8.37 Billion |
+13.54% |
| 2016-12-31 | CN¥50.39 Billion ≈ $7.37 Billion |
+11.73% |
| 2015-12-31 | CN¥45.10 Billion ≈ $6.60 Billion |
+32.00% |
| 2014-12-31 | CN¥34.16 Billion ≈ $5.00 Billion |
+33.86% |
| 2013-12-31 | CN¥25.52 Billion ≈ $3.73 Billion |
+15.40% |
| 2012-12-31 | CN¥22.12 Billion ≈ $3.24 Billion |
+18.18% |
| 2011-12-31 | CN¥18.71 Billion ≈ $2.74 Billion |
+17.87% |
| 2010-12-31 | CN¥15.88 Billion ≈ $2.32 Billion |
+62.97% |
| 2009-12-31 | CN¥9.74 Billion ≈ $1.43 Billion |
+10.64% |
| 2008-12-31 | CN¥8.81 Billion ≈ $1.29 Billion |
+9.76% |
| 2007-12-31 | CN¥8.02 Billion ≈ $1.17 Billion |
+151.00% |
| 2006-12-31 | CN¥3.20 Billion ≈ $467.70 Million |
+46.13% |
| 2005-12-31 | CN¥2.19 Billion ≈ $320.05 Million |
+25.44% |
| 2004-12-31 | CN¥1.74 Billion ≈ $255.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bank of Ningbo 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 7940956000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | CN¥237.88 Billion | 93.68% |
| Other Components | CN¥16.05 Billion | 6.32% |
| Total Equity | CN¥253.93 Billion | 100.00% |
Bank of Ningbo Co Ltd Competitors by Market Cap
The table below lists competitors of Bank of Ningbo Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coal India Limited
NSE:COALINDIA
|
$32.09 Billion |
|
Power Corporation Of Canada
TO:POW
|
$32.10 Billion |
|
Shinhan Financial Group
KO:055550
|
$32.13 Billion |
|
M&T Bank Corporation
NYSE:MTB
|
$32.14 Billion |
|
Orix Corp Ads
F:OIXA
|
$32.07 Billion |
|
Power Grid Corporation of India Limited
NSE:POWERGRID
|
$32.02 Billion |
|
Copart Inc
NASDAQ:CPRT
|
$31.93 Billion |
|
Saab AB (publ)
ST:SAAB-B
|
$31.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Ningbo Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 233,151,000,000 to 253,931,000,000, a change of 20,780,000,000 (8.9%).
- Net income of 29,333,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 237,879,000,000.
- Other factors decreased equity by 246,432,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥29.33 Billion | +11.55% |
| Other Comprehensive Income | CN¥237.88 Billion | +93.68% |
| Other Changes | CN¥-246.43 Billion | -97.05% |
| Total Change | CN¥- | 8.91% |
Book Value vs Market Value Analysis
This analysis compares Bank of Ningbo 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: 0.86x
- 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 56.41x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.59 | CN¥33.20 | x |
| 2005-12-31 | CN¥0.74 | CN¥33.20 | x |
| 2006-12-31 | CN¥1.02 | CN¥33.20 | x |
| 2007-12-31 | CN¥2.22 | CN¥33.20 | x |
| 2008-12-31 | CN¥2.15 | CN¥33.20 | x |
| 2009-12-31 | CN¥2.38 | CN¥33.20 | x |
| 2010-12-31 | CN¥3.81 | CN¥33.20 | x |
| 2011-12-31 | CN¥3.98 | CN¥33.20 | x |
| 2012-12-31 | CN¥4.70 | CN¥33.20 | x |
| 2013-12-31 | CN¥5.42 | CN¥33.20 | x |
| 2014-12-31 | CN¥8.42 | CN¥33.20 | x |
| 2015-12-31 | CN¥8.49 | CN¥33.20 | x |
| 2016-12-31 | CN¥9.23 | CN¥33.20 | x |
| 2017-12-31 | CN¥10.46 | CN¥33.20 | x |
| 2018-12-31 | CN¥14.10 | CN¥33.20 | x |
| 2019-12-31 | CN¥17.82 | CN¥33.20 | x |
| 2020-12-31 | CN¥19.26 | CN¥33.20 | x |
| 2021-12-31 | CN¥24.86 | CN¥33.20 | x |
| 2022-12-31 | CN¥25.38 | CN¥33.20 | x |
| 2023-12-31 | CN¥30.47 | CN¥33.20 | x |
| 2024-12-31 | CN¥33.95 | CN¥33.20 | x |
| 2025-12-31 | CN¥38.45 | CN¥33.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Ningbo 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): 11.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 91.21%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (11.55%) is below the historical average (15.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 25.12% | 30.70% | 0.04x | 19.64x | CN¥263.66 Million |
| 2005 | 21.58% | 27.42% | 0.04x | 19.40x | CN¥253.23 Million |
| 2006 | 19.78% | 27.05% | 0.04x | 17.69x | CN¥312.47 Million |
| 2007 | 11.86% | 28.80% | 0.04x | 9.41x | CN¥148.84 Million |
| 2008 | 15.12% | 24.34% | 0.05x | 11.73x | CN¥451.24 Million |
| 2009 | 14.96% | 24.27% | 0.04x | 16.77x | CN¥483.25 Million |
| 2010 | 14.63% | 23.53% | 0.04x | 16.58x | CN¥734.32 Million |
| 2011 | 17.39% | 20.74% | 0.06x | 13.92x | CN¥1.38 Billion |
| 2012 | 18.39% | 21.45% | 0.05x | 16.85x | CN¥1.86 Billion |
| 2013 | 19.00% | 19.39% | 0.05x | 18.12x | CN¥2.30 Billion |
| 2014 | 16.51% | 18.65% | 0.05x | 16.25x | CN¥2.22 Billion |
| 2015 | 14.54% | 18.32% | 0.05x | 15.92x | CN¥2.04 Billion |
| 2016 | 15.53% | 19.36% | 0.05x | 17.60x | CN¥2.78 Billion |
| 2017 | 16.35% | 20.53% | 0.04x | 18.08x | CN¥3.62 Billion |
| 2018 | 13.83% | 21.28% | 0.05x | 13.80x | CN¥3.10 Billion |
| 2019 | 13.67% | 22.61% | 0.05x | 13.14x | CN¥3.68 Billion |
| 2020 | 12.70% | 21.51% | 0.04x | 13.73x | CN¥3.20 Billion |
| 2021 | 13.09% | 22.25% | 0.04x | 13.49x | CN¥4.61 Billion |
| 2022 | 13.77% | 23.29% | 0.04x | 14.12x | CN¥6.31 Billion |
| 2023 | 12.69% | 22.97% | 0.04x | 13.48x | CN¥5.42 Billion |
| 2024 | 11.63% | 22.38% | 0.04x | 13.40x | CN¥3.81 Billion |
| 2025 | 11.55% | 91.21% | 0.00x | 0.00x | CN¥3.94 Billion |
Industry Comparison
This section compares Bank of Ningbo Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $14,723,430,886
- Average return on equity (ROE) among peers: 13.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Ningbo Co Ltd (002142) | CN¥233.93 Billion | 25.12% | 14.30x | $32.08 Billion |
| Ping An Bank Co Ltd (000001) | $3.68 Billion | 19.42% | 9.72x | $32.63 Billion |
| Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) | $11.87 Billion | 8.53% | 9.64x | $1.65 Billion |
| Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) | $15.73 Billion | 10.70% | 10.93x | $1.63 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $39.89 Billion | 8.24% | 11.55x | $1.89 Billion |
| Bank of Qingdao Co Ltd (002948) | $3.94 Billion | 10.69% | 9.97x | $3.14 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $13.49 Billion | 13.82% | 11.24x | $2.47 Billion |
| Bank of Suzhou (002966) | $28.95 Billion | 8.54% | 10.86x | $5.57 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $13.51 Billion | 14.29% | 32.72x | $45.18 Billion |
| Hua Xia Bank Co Ltd (600015) | $1.46 Billion | 26.35% | 67.59x | $16.05 Billion |
About Bank of Ningbo Co Ltd
Bank of Ningbo Co., Ltd. provides various personal and business banking products and services in the People's Republic of China. The company operates through four segments: Corporate Banking, Personal Banking, Capital Banking, and Other Banking. It offers deposits; short-term, medium-term, and long-term loans; bank cards; domestic and international settlement services; bill discounting services; … Read more