Shanxi Securities Co Ltd
Shanxi Securities Co., Ltd. operates as a securities company in China. It operates through five segments: Wealth Management Business, Corporate Financial Business, Asset Management Business, FICC Business, and Equity Business. The Wealth Management Business segment is involved in securities brokerage, investment consulting, sales of financial products, margin trading, equity pledge, agreed repurc… Read more
Shanxi Securities Co Ltd (002500) - Net Assets
Latest net assets as of September 2025: CN¥18.61 Billion CNY
Based on the latest financial reports, Shanxi Securities Co Ltd (002500) has net assets worth CN¥18.61 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¥81.52 Billion) and total liabilities (CN¥62.92 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¥18.61 Billion |
| % of Total Assets | 22.82% |
| Annual Growth Rate | 13.17% |
| 5-Year Change | 4.82% |
| 10-Year Change | 38.36% |
| Growth Volatility | 26.23 |
Shanxi Securities Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shanxi Securities 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 Shanxi Securities Co Ltd (2007–2024)
The table below shows the annual net assets of Shanxi Securities Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥18.29 Billion | +0.77% |
| 2023-12-31 | CN¥18.15 Billion | +1.74% |
| 2022-12-31 | CN¥17.84 Billion | +0.77% |
| 2021-12-31 | CN¥17.71 Billion | +1.46% |
| 2020-12-31 | CN¥17.45 Billion | +32.05% |
| 2019-12-31 | CN¥13.22 Billion | +1.68% |
| 2018-12-31 | CN¥13.00 Billion | -2.01% |
| 2017-12-31 | CN¥13.26 Billion | +1.79% |
| 2016-12-31 | CN¥13.03 Billion | -1.45% |
| 2015-12-31 | CN¥13.22 Billion | +67.81% |
| 2014-12-31 | CN¥7.88 Billion | +7.55% |
| 2013-12-31 | CN¥7.33 Billion | +14.81% |
| 2012-12-31 | CN¥6.38 Billion | +1.34% |
| 2011-12-31 | CN¥6.30 Billion | -3.62% |
| 2010-12-31 | CN¥6.53 Billion | +89.83% |
| 2009-12-31 | CN¥3.44 Billion | +41.77% |
| 2008-12-31 | CN¥2.43 Billion | +8.81% |
| 2007-12-31 | CN¥2.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanxi 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 143.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.94 Billion | 10.77% |
| Common Stock | CN¥3.59 Billion | 19.98% |
| Other Comprehensive Income | CN¥2.72 Billion | 15.14% |
| Other Components | CN¥9.72 Billion | 54.11% |
| Total Equity | CN¥17.97 Billion | 100.00% |
Shanxi Securities Co Ltd Competitors by Market Cap
The table below lists competitors of Shanxi Securities Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inter Cars S.A.
WAR:CAR
|
$1.47 Billion |
|
United Internet AG
PINK:UDIRF
|
$1.47 Billion |
|
TPG Telecom Limited
PINK:TPGTF
|
$1.47 Billion |
|
IV62
F:IV62
|
$1.47 Billion |
|
COFACE
LSE:0QVK
|
$1.47 Billion |
|
Arbor Realty Trust
NYSE:ABR
|
$1.46 Billion |
|
Sineng Electric Co Ltd
SHE:300827
|
$1.46 Billion |
|
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
|
$1.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanxi Securities Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,746,832,505 to 17,970,113,581, a change of 223,281,076 (1.3%).
- Net income of 711,831,847 contributed positively to equity growth.
- Dividend payments of 502,568,016 reduced retained earnings.
- Other comprehensive income increased equity by 2,721,215,692.
- Other factors decreased equity by 2,707,198,447.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥711.83 Million | +3.96% |
| Dividends Paid | CN¥502.57 Million | -2.8% |
| Other Comprehensive Income | CN¥2.72 Billion | +15.14% |
| Other Changes | CN¥-2.71 Billion | -15.07% |
| Total Change | CN¥- | 1.26% |
Book Value vs Market Value Analysis
This analysis compares Shanxi 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: 1.16x
- 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 5.52x to 1.16x 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¥1.06 | CN¥5.87 | x |
| 2008-12-31 | CN¥1.16 | CN¥5.87 | x |
| 2009-12-31 | CN¥1.47 | CN¥5.87 | x |
| 2010-12-31 | CN¥2.95 | CN¥5.87 | x |
| 2011-12-31 | CN¥2.34 | CN¥5.87 | x |
| 2012-12-31 | CN¥2.43 | CN¥5.87 | x |
| 2013-12-31 | CN¥2.75 | CN¥5.87 | x |
| 2014-12-31 | CN¥2.73 | CN¥5.87 | x |
| 2015-12-31 | CN¥4.74 | CN¥5.87 | x |
| 2016-12-31 | CN¥4.24 | CN¥5.87 | x |
| 2017-12-31 | CN¥4.07 | CN¥5.87 | x |
| 2018-12-31 | CN¥4.26 | CN¥5.87 | x |
| 2019-12-31 | CN¥4.25 | CN¥5.87 | x |
| 2020-12-31 | CN¥5.27 | CN¥5.87 | x |
| 2021-12-31 | CN¥4.80 | CN¥5.87 | x |
| 2022-12-31 | CN¥4.85 | CN¥5.87 | x |
| 2023-12-31 | CN¥4.94 | CN¥5.87 | x |
| 2024-12-31 | CN¥5.05 | CN¥5.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanxi 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): 3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.66%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 4.49x
- Recent ROE (3.96%) is below the historical average (7.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 37.72% | 47.98% | 0.16x | 5.01x | CN¥613.37 Million |
| 2008 | 11.44% | 35.04% | 0.10x | 3.27x | CN¥34.93 Million |
| 2009 | 20.00% | 40.02% | 0.10x | 4.82x | CN¥309.36 Million |
| 2010 | 7.09% | 28.62% | 0.09x | 2.85x | CN¥-179.90 Million |
| 2011 | 3.24% | 16.98% | 0.09x | 2.20x | CN¥-402.46 Million |
| 2012 | 2.35% | 13.19% | 0.08x | 2.12x | CN¥-461.98 Million |
| 2013 | 3.79% | 19.81% | 0.08x | 2.39x | CN¥-428.13 Million |
| 2014 | 7.99% | 29.93% | 0.07x | 3.75x | CN¥-147.54 Million |
| 2015 | 11.43% | 37.48% | 0.08x | 3.83x | CN¥180.15 Million |
| 2016 | 3.81% | 19.94% | 0.05x | 3.91x | CN¥-760.12 Million |
| 2017 | 3.27% | 9.31% | 0.09x | 4.13x | CN¥-841.29 Million |
| 2018 | 1.78% | 2.73% | 0.14x | 4.60x | CN¥-1.02 Billion |
| 2019 | 4.03% | 8.07% | 0.11x | 4.40x | CN¥-755.26 Million |
| 2020 | 4.44% | 17.13% | 0.07x | 3.69x | CN¥-939.62 Million |
| 2021 | 4.66% | 15.31% | 0.07x | 4.43x | CN¥-920.42 Million |
| 2022 | 3.30% | 10.75% | 0.06x | 4.77x | CN¥-1.16 Billion |
| 2023 | 3.49% | 18.00% | 0.04x | 4.37x | CN¥-1.15 Billion |
| 2024 | 3.96% | 22.66% | 0.04x | 4.49x | CN¥-1.09 Billion |
Industry Comparison
This section compares Shanxi 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: $21,820,844,522
- Average return on equity (ROE) among peers: 8.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi Securities Co Ltd (002500) | CN¥18.61 Billion | 37.72% | 3.38x | $1.47 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $16.07 Billion | 18.21% | 3.12x | $10.62 Billion |
| Northeast Securities Co Ltd (000686) | $78.26 Million | 20.27% | 1.28x | $1.48 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $892.70 Million | 2.45% | 0.50x | $913.07 Million |
| Sealand Securities Co Ltd (000750) | $7.16 Billion | 9.64% | 2.69x | $2.84 Billion |
| GF Securities Co Ltd (000776) | $94.14 Billion | 8.01% | 3.19x | $10.71 Billion |
| Changjiang Securities Co Ltd (000783) | $26.77 Billion | 5.77% | 3.23x | $3.30 Billion |
| Holly Futures Co. Ltd. A (001236) | $1.68 Billion | 4.77% | 3.81x | $591.25 Million |
| Western Securities Co Ltd (002673) | $27.16 Billion | 1.59% | 2.52x | $2.22 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $22.44 Billion | 1.88% | 3.36x | $1.41 Billion |