COFCO Capital Holdings Co Ltd
COFCO Capital Holdings Co., Ltd. engages in the financial business in China. It offers wealth management services, asset management services, risk management services, supply chain financial services, etc. The company also provides insurance products, including traditional life insurance, annuity insurance, health insurance, and accidental injury insurance; and trust investment products, such as … Read more
COFCO Capital Holdings Co Ltd (002423) - Net Assets
Latest net assets as of September 2025: CN¥33.82 Billion CNY
Based on the latest financial reports, COFCO Capital Holdings Co Ltd (002423) has net assets worth CN¥33.82 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¥174.30 Billion) and total liabilities (CN¥140.48 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¥33.82 Billion |
| % of Total Assets | 19.4% |
| Annual Growth Rate | 25.28% |
| 5-Year Change | 56.51% |
| 10-Year Change | 1871.04% |
| Growth Volatility | 322.79 |
COFCO Capital Holdings Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how COFCO Capital Holdings 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 COFCO Capital Holdings Co Ltd (2007–2024)
The table below shows the annual net assets of COFCO Capital Holdings Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥35.93 Billion | +35.67% |
| 2023-12-31 | CN¥26.49 Billion | +6.68% |
| 2022-12-31 | CN¥24.83 Billion | +0.07% |
| 2021-12-31 | CN¥24.81 Billion | +8.07% |
| 2020-12-31 | CN¥22.96 Billion | +6.78% |
| 2019-12-31 | CN¥21.50 Billion | +1378.00% |
| 2018-12-31 | CN¥1.45 Billion | -7.45% |
| 2017-12-31 | CN¥1.57 Billion | -14.06% |
| 2016-12-31 | CN¥1.83 Billion | +0.34% |
| 2015-12-31 | CN¥1.82 Billion | -10.45% |
| 2014-12-31 | CN¥2.04 Billion | +13.70% |
| 2013-12-31 | CN¥1.79 Billion | -0.65% |
| 2012-12-31 | CN¥1.80 Billion | -1.66% |
| 2011-12-31 | CN¥1.83 Billion | +0.03% |
| 2010-12-31 | CN¥1.83 Billion | +81.68% |
| 2009-12-31 | CN¥1.01 Billion | +23.37% |
| 2008-12-31 | CN¥817.41 Million | +5.05% |
| 2007-12-31 | CN¥778.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to COFCO Capital Holdings 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 12381.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.98 Billion | 30.19% |
| Common Stock | CN¥2.30 Billion | 9.97% |
| Other Comprehensive Income | CN¥4.35 Billion | 18.80% |
| Other Components | CN¥9.49 Billion | 41.04% |
| Total Equity | CN¥23.12 Billion | 100.00% |
COFCO Capital Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of COFCO Capital Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Redde Northgate PLC
F:21W
|
$985.84 Million |
|
Kunshan Kersen Science & Tech
SHG:603626
|
$986.15 Million |
|
GRAND PHARM. GRP. HD-01
F:MX6A
|
$986.35 Million |
|
PageGroup plc
PINK:MPGPF
|
$986.99 Million |
|
Semitronix Corp. A
SHE:301095
|
$984.90 Million |
|
Bayer Cropscience Limited
NSE:BAYERCROP
|
$984.78 Million |
|
Faw Car Co Ltd
SHE:000800
|
$984.75 Million |
|
MFA Financial Inc
NYSE:MFA
|
$984.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COFCO Capital Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,442,245,851 to 23,116,541,000, a change of 3,674,295,149 (18.9%).
- Net income of 1,209,898,000 contributed positively to equity growth.
- Dividend payments of 612,962,947 reduced retained earnings.
- Other comprehensive income increased equity by 2,811,577,411.
- Other factors increased equity by 265,782,685.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.21 Billion | +5.23% |
| Dividends Paid | CN¥612.96 Million | -2.65% |
| Other Comprehensive Income | CN¥2.81 Billion | +12.16% |
| Other Changes | CN¥265.78 Million | +1.15% |
| Total Change | CN¥- | 18.90% |
Book Value vs Market Value Analysis
This analysis compares COFCO Capital Holdings 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: 1.11x
- 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 5.02x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥2.21 | CN¥11.09 | x |
| 2008-12-31 | CN¥2.09 | CN¥11.09 | x |
| 2009-12-31 | CN¥2.62 | CN¥11.09 | x |
| 2010-12-31 | CN¥4.21 | CN¥11.09 | x |
| 2011-12-31 | CN¥3.84 | CN¥11.09 | x |
| 2012-12-31 | CN¥3.78 | CN¥11.09 | x |
| 2013-12-31 | CN¥3.87 | CN¥11.09 | x |
| 2014-12-31 | CN¥4.34 | CN¥11.09 | x |
| 2015-12-31 | CN¥3.59 | CN¥11.09 | x |
| 2016-12-31 | CN¥3.62 | CN¥11.09 | x |
| 2017-12-31 | CN¥3.13 | CN¥11.09 | x |
| 2018-12-31 | CN¥0.63 | CN¥11.09 | x |
| 2019-12-31 | CN¥7.09 | CN¥11.09 | x |
| 2020-12-31 | CN¥7.50 | CN¥11.09 | x |
| 2021-12-31 | CN¥7.96 | CN¥11.09 | x |
| 2022-12-31 | CN¥7.95 | CN¥11.09 | x |
| 2023-12-31 | CN¥8.44 | CN¥11.09 | x |
| 2024-12-31 | CN¥10.03 | CN¥11.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COFCO Capital Holdings 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): 5.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.79%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 6.57x
- Recent ROE (5.23%) is above the historical average (5.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 11.32% | 6.78% | 0.92x | 1.82x | CN¥10.24 Million |
| 2008 | 15.76% | 7.94% | 0.93x | 2.13x | CN¥47.08 Million |
| 2009 | 13.37% | 8.08% | 0.90x | 1.84x | CN¥33.99 Million |
| 2010 | 5.23% | 6.81% | 0.53x | 1.45x | CN¥-87.37 Million |
| 2011 | 4.95% | 5.22% | 0.64x | 1.49x | CN¥-92.52 Million |
| 2012 | 3.97% | 3.86% | 0.64x | 1.60x | CN¥-108.73 Million |
| 2013 | 0.13% | 0.18% | 0.44x | 1.66x | CN¥-176.74 Million |
| 2014 | -2.29% | -3.83% | 0.34x | 1.74x | CN¥-250.23 Million |
| 2015 | -11.70% | -22.35% | 0.27x | 1.91x | CN¥-395.67 Million |
| 2016 | 0.28% | 0.59% | 0.23x | 2.06x | CN¥-177.74 Million |
| 2017 | -16.41% | -26.51% | 0.28x | 2.18x | CN¥-415.13 Million |
| 2018 | 35.05% | 5.27% | 2.99x | 2.22x | CN¥364.52 Million |
| 2019 | 3.99% | 5.79% | 0.17x | 4.11x | CN¥-981.26 Million |
| 2020 | 6.09% | 7.76% | 0.16x | 4.91x | CN¥-675.02 Million |
| 2021 | 7.48% | 6.96% | 0.19x | 5.58x | CN¥-462.65 Million |
| 2022 | 3.26% | 3.21% | 0.16x | 6.40x | CN¥-1.24 Billion |
| 2023 | 5.25% | 4.58% | 0.18x | 6.42x | CN¥-923.65 Million |
| 2024 | 5.23% | 4.79% | 0.17x | 6.57x | CN¥-1.10 Billion |
Industry Comparison
This section compares COFCO Capital Holdings Co Ltd's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $34,353,473,838
- Average return on equity (ROE) among peers: 5.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COFCO Capital Holdings Co Ltd (002423) | CN¥33.82 Billion | 11.32% | 4.15x | $985.29 Million |
| Hubei Biocause Pharmaceutical (000627) | $34.35 Billion | 5.17% | 4.98x | $336.31 Million |