COFCO Capital Holdings Co Ltd (002423) - Net Assets

Latest as of September 2025: CN¥33.82 Billion CNY ≈ $4.95 Billion USD

Based on the latest financial reports, COFCO Capital Holdings Co Ltd (002423) has net assets worth CN¥33.82 Billion CNY (≈ $4.95 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¥174.30 Billion ≈ $25.51 Billion USD) and total liabilities (CN¥140.48 Billion ≈ $20.56 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 asset resilience ratio of COFCO Capital Holdings Co Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore 002423 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 002423 stock market capitalisation.

Year Net Assets Change
2024-12-31 CN¥35.93 Billion
≈ $5.26 Billion		 +35.67%
2023-12-31 CN¥26.49 Billion
≈ $3.88 Billion		 +6.68%
2022-12-31 CN¥24.83 Billion
≈ $3.63 Billion		 +0.07%
2021-12-31 CN¥24.81 Billion
≈ $3.63 Billion		 +8.07%
2020-12-31 CN¥22.96 Billion
≈ $3.36 Billion		 +6.78%
2019-12-31 CN¥21.50 Billion
≈ $3.15 Billion		 +1378.00%
2018-12-31 CN¥1.45 Billion
≈ $212.90 Million		 -7.45%
2017-12-31 CN¥1.57 Billion
≈ $230.05 Million		 -14.06%
2016-12-31 CN¥1.83 Billion
≈ $267.69 Million		 +0.34%
2015-12-31 CN¥1.82 Billion
≈ $266.78 Million		 -10.45%
2014-12-31 CN¥2.04 Billion
≈ $297.92 Million		 +13.70%
2013-12-31 CN¥1.79 Billion
≈ $262.02 Million		 -0.65%
2012-12-31 CN¥1.80 Billion
≈ $263.73 Million		 -1.66%
2011-12-31 CN¥1.83 Billion
≈ $268.18 Million		 +0.03%
2010-12-31 CN¥1.83 Billion
≈ $268.10 Million		 +81.68%
2009-12-31 CN¥1.01 Billion
≈ $147.56 Million		 +23.37%
2008-12-31 CN¥817.41 Million
≈ $119.61 Million		 +5.05%
2007-12-31 CN¥778.10 Million
≈ $113.86 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
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
 $3.46 Billion
China Airlines Ltd
TW:2610
 $3.46 Billion
CMB.TECH NV
BR:CMBT
 $3.46 Billion
Kangmei Pharmaceutical Co Ltd
SHG:600518
 $3.46 Billion
Herc Holdings Inc
NYSE:HRI
 $3.45 Billion
Minmetals Capital Co Ltd
SHG:600390
 $3.45 Billion
Changzheng Engineering Co Ltd
SHG:603698
 $3.45 Billion
Doximity Inc
NYSE:DOCS
 $3.45 Billion

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: 1.02x
  • 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 4.64x to 1.02x 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¥10.24 x
2008-12-31 CN¥2.09 CN¥10.24 x
2009-12-31 CN¥2.62 CN¥10.24 x
2010-12-31 CN¥4.21 CN¥10.24 x
2011-12-31 CN¥3.84 CN¥10.24 x
2012-12-31 CN¥3.78 CN¥10.24 x
2013-12-31 CN¥3.87 CN¥10.24 x
2014-12-31 CN¥4.34 CN¥10.24 x
2015-12-31 CN¥3.59 CN¥10.24 x
2016-12-31 CN¥3.62 CN¥10.24 x
2017-12-31 CN¥3.13 CN¥10.24 x
2018-12-31 CN¥0.63 CN¥10.24 x
2019-12-31 CN¥7.09 CN¥10.24 x
2020-12-31 CN¥7.50 CN¥10.24 x
2021-12-31 CN¥7.96 CN¥10.24 x
2022-12-31 CN¥7.95 CN¥10.24 x
2023-12-31 CN¥8.44 CN¥10.24 x
2024-12-31 CN¥10.03 CN¥10.24 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: $100,697,543,047
  • Average return on equity (ROE) among peers: 8.52%

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 $3.45 Billion
Hubei Biocause Pharmaceutical (000627) $1.78 Billion 13.86% 0.35x $1.13 Billion
Ping An Insurance Group Co of China Ltd (601318) $587.92 Billion 15.15% 10.04x $92.61 Billion
New China Life Insurance Co Ltd (601336) $59.12 Billion 8.36% 10.83x $19.65 Billion
China Pacific Insurance Group Co Ltd (601601) $97.57 Billion 5.20% 5.98x $37.29 Billion
China Life Insurance Co Ltd A (601628) $-242.91 Billion 0.00% 0.00x $111.74 Billion

About COFCO Capital Holdings Co Ltd

SHE:002423 China Insurance - Life
Market Cap
$3.45 Billion
CN¥23.59 Billion CNY
Market Cap Rank
#4543 Global
#817 in China
Share Price
CN¥10.24
Change (1 day)
-0.19%
52-Week Range
CN¥10.09 - CN¥14.60
All Time High
CN¥21.50
Categories
Companies in China Insurance - Life
About

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