Shanxi Securities Co Ltd Net Assets
Shanxi Securities Co Ltd net assets. Based on the latest financial reports, Shanxi Securities Co Ltd (002500) has net assets worth CN¥19.03 Billion CNY (≈ $2.78 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥90.96 Billion ≈ $13.31 Billion USD) and total liabilities (CN¥71.93 Billion ≈ $10.53 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. Also explore Shanxi Securities Co Ltd (002500) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥19.03 Billion |
| % of Total Assets | 20.92% |
| Annual Growth Rate | 12.56% |
| 5-Year Change | 6.09% |
| 10-Year Change | 44.16% |
| Growth Volatility | 25.66 |
Net Assets of Shanxi Securities Co Ltd (2007–2025)
Net assets of Shanxi Securities Co Ltd from 2007 to 2025. This chart illustrates how Shanxi Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanxi Securities Co Ltd (002500) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shanxi Securities Co Ltd (2007–2025)
The table below shows the annual net assets of Shanxi Securities Co Ltd from 2007 to 2025. For live market cap and overall valuation, see market value of Shanxi Securities Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥18.78 Billion ≈ $2.75 Billion |
+2.68% |
| 2024-12-31 | CN¥18.29 Billion ≈ $2.68 Billion |
+0.77% |
| 2023-12-31 | CN¥18.15 Billion ≈ $2.66 Billion |
+1.74% |
| 2022-12-31 | CN¥17.84 Billion ≈ $2.61 Billion |
+0.77% |
| 2021-12-31 | CN¥17.71 Billion ≈ $2.59 Billion |
+1.46% |
| 2020-12-31 | CN¥17.45 Billion ≈ $2.55 Billion |
+32.05% |
| 2019-12-31 | CN¥13.22 Billion ≈ $1.93 Billion |
+2.08% |
| 2018-12-31 | CN¥12.95 Billion ≈ $1.89 Billion |
-2.39% |
| 2017-12-31 | CN¥13.26 Billion ≈ $1.94 Billion |
+1.79% |
| 2016-12-31 | CN¥13.03 Billion ≈ $1.91 Billion |
-1.45% |
| 2015-12-31 | CN¥13.22 Billion ≈ $1.93 Billion |
+67.81% |
| 2014-12-31 | CN¥7.88 Billion ≈ $1.15 Billion |
+7.55% |
| 2013-12-31 | CN¥7.33 Billion ≈ $1.07 Billion |
+14.81% |
| 2012-12-31 | CN¥6.38 Billion ≈ $933.73 Million |
+1.34% |
| 2011-12-31 | CN¥6.30 Billion ≈ $921.42 Million |
-3.62% |
| 2010-12-31 | CN¥6.53 Billion ≈ $956.04 Million |
+89.83% |
| 2009-12-31 | CN¥3.44 Billion ≈ $503.62 Million |
+41.77% |
| 2008-12-31 | CN¥2.43 Billion ≈ $355.24 Million |
+8.81% |
| 2007-12-31 | CN¥2.23 Billion ≈ $326.46 Million |
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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 177.8% over the analyzed period, indicating profitable operations and earnings retention.
Shanxi Securities Co Ltd Net Assets Breakdown (December 2025)
Shanxi Securities Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.21 Billion | 11.94% |
| Other Components | CN¥16.30 Billion | 88.06% |
| Total Equity | CN¥18.51 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 |
|---|---|
|
BioArctic AB (publ)
ST:BIOA-B
|
$2.54 Billion |
|
KWS SAAT SE & Co. KGaA
F:KWS
|
$2.54 Billion |
|
Robotis Co.Ltd
KQ:108490
|
$2.54 Billion |
|
Quectel Wireless Solutions Co Ltd
SHG:603236
|
$2.54 Billion |
|
Attica Bank S.A.
AT:TATT
|
$2.54 Billion |
|
Bank of Xi'An Co Ltd
SHG:600928
|
$2.54 Billion |
|
Hugo Boss AG
F:BOSA
|
$2.54 Billion |
|
Jiangsu Pacific Quartz Co Ltd
SHG:603688
|
$2.53 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 2024 to 2025, total equity changed from 17,970,113,581 to 18,508,500,362, a change of 538,386,781 (3.0%).
- Net income of 924,416,247 contributed positively to equity growth.
- Dividend payments of 785,305,278 reduced retained earnings.
- Other comprehensive income decreased equity by 2,721,215,692.
- Other factors increased equity by 3,120,491,504.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥924.42 Million | +4.99% |
| Dividends Paid | CN¥785.31 Million | -4.24% |
| Other Comprehensive Income | CN¥-2.72 Billion | -14.7% |
| Other Changes | CN¥3.12 Billion | +16.86% |
| Total Change | CN¥- | 3.00% |
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: 0.94x
- 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 4.54x to 0.94x 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¥4.83 | x |
| 2008-12-31 | CN¥1.16 | CN¥4.83 | x |
| 2009-12-31 | CN¥1.47 | CN¥4.83 | x |
| 2010-12-31 | CN¥2.95 | CN¥4.83 | x |
| 2011-12-31 | CN¥2.34 | CN¥4.83 | x |
| 2012-12-31 | CN¥2.43 | CN¥4.83 | x |
| 2013-12-31 | CN¥2.75 | CN¥4.83 | x |
| 2014-12-31 | CN¥2.73 | CN¥4.83 | x |
| 2015-12-31 | CN¥4.74 | CN¥4.83 | x |
| 2016-12-31 | CN¥4.24 | CN¥4.83 | x |
| 2017-12-31 | CN¥4.07 | CN¥4.83 | x |
| 2018-12-31 | CN¥4.25 | CN¥4.83 | x |
| 2019-12-31 | CN¥4.25 | CN¥4.83 | x |
| 2020-12-31 | CN¥5.27 | CN¥4.83 | x |
| 2021-12-31 | CN¥4.80 | CN¥4.83 | x |
| 2022-12-31 | CN¥4.85 | CN¥4.83 | x |
| 2023-12-31 | CN¥4.94 | CN¥4.83 | x |
| 2024-12-31 | CN¥5.05 | CN¥4.83 | x |
| 2025-12-31 | CN¥5.16 | CN¥4.83 | 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): 4.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.87%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 4.42x
- Recent ROE (4.99%) is below the historical average (7.52%), 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 | 2.54x | 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 | 1.79% | 2.73% | 0.14x | 4.61x | CN¥-1.02 Billion |
| 2019 | 4.03% | 8.07% | 0.11x | 4.40x | CN¥-755.26 Million |
| 2020 | 4.44% | 17.13% | 0.07x | 3.71x | 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 |
| 2025 | 4.99% | 27.87% | 0.04x | 4.42x | CN¥-926.43 Million |
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: $14,853,589,308
- Average return on equity (ROE) among peers: 10.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi Securities Co Ltd (002500) | CN¥19.03 Billion | 37.72% | 3.78x | $2.54 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $22.66 Billion | 20.66% | 5.15x | $13.85 Billion |
| Northeast Securities Co Ltd (000686) | $64.65 Million | 33.27% | 1.60x | $2.36 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $73.08 Million | 14.30% | 0.84x | $999.08 Million |
| Guoyuan Securities Co Ltd (000728) | $966.19 Million | 4.83% | 0.52x | $4.23 Billion |
| Sealand Securities Co Ltd (000750) | $231.72 Million | -25.07% | 1.27x | $3.09 Billion |
| GF Securities Co Ltd (000776) | $88.63 Billion | 9.70% | 3.03x | $15.59 Billion |
| Changjiang Securities Co Ltd (000783) | $9.53 Billion | 13.46% | 2.75x | $5.36 Billion |
| Western Securities Co Ltd (002673) | $5.41 Billion | 12.27% | 4.34x | $3.92 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $6.12 Billion | 9.97% | 1.68x | $2.85 Billion |
About Shanxi Securities Co Ltd
Shanxi Securities Co., Ltd. operates as a securities company in China. The company operates through five segments: Wealth Management, Corporate Finance, Asset Management, Investment, and Institutional Business. The Wealth Management segment is involved in securities brokerage, investment advisory, sale of financial products developed by the company, and other financial institutions, financing. Th… Read more