Huaxi Securities Co Ltd Class A
HUAXI Securities Co., Ltd. engages in brokerage and wealth management, credit, investment banking, asset management, investment, public and private fund management, and other businesses in China. The company offers brokerage and wealth management, including securities and futures brokerage, promotion and agency sales of financial products, and research and consulting services. It also provides fi… Read more
Huaxi Securities Co Ltd Class A (002926) - Net Assets
Latest net assets as of September 2025: CN¥24.43 Billion CNY
Based on the latest financial reports, Huaxi Securities Co Ltd Class A (002926) has net assets worth CN¥24.43 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¥113.72 Billion) and total liabilities (CN¥89.30 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¥24.43 Billion |
| % of Total Assets | 21.48% |
| Annual Growth Rate | 21.79% |
| 5-Year Change | 10.28% |
| 10-Year Change | 123.28% |
| Growth Volatility | 29.75 |
Huaxi Securities Co Ltd Class A - Net Assets Trend (2005–2024)
This chart illustrates how Huaxi Securities Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Huaxi Securities Co Ltd Class A (2005–2024)
The table below shows the annual net assets of Huaxi Securities Co Ltd Class A from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥23.56 Billion | +3.34% |
| 2023-12-31 | CN¥22.80 Billion | +1.61% |
| 2022-12-31 | CN¥22.44 Billion | +0.16% |
| 2021-12-31 | CN¥22.40 Billion | +4.85% |
| 2020-12-31 | CN¥21.37 Billion | +8.50% |
| 2019-12-31 | CN¥19.69 Billion | +7.03% |
| 2018-12-31 | CN¥18.40 Billion | +43.53% |
| 2017-12-31 | CN¥12.82 Billion | +6.92% |
| 2016-12-31 | CN¥11.99 Billion | +13.63% |
| 2015-12-31 | CN¥10.55 Billion | +35.61% |
| 2014-12-31 | CN¥7.78 Billion | +10.45% |
| 2013-12-31 | CN¥7.05 Billion | +11.36% |
| 2012-12-31 | CN¥6.33 Billion | +3.37% |
| 2011-12-31 | CN¥6.12 Billion | +44.82% |
| 2010-12-31 | CN¥4.23 Billion | +23.65% |
| 2009-12-31 | CN¥3.42 Billion | +43.09% |
| 2008-12-31 | CN¥2.39 Billion | +22.88% |
| 2007-12-31 | CN¥1.94 Billion | +129.63% |
| 2006-12-31 | CN¥846.54 Million | +52.12% |
| 2005-12-31 | CN¥556.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huaxi Securities Co Ltd Class A'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 858429428422.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.11 Billion | 34.46% |
| Common Stock | CN¥2.62 Billion | 11.15% |
| Other Comprehensive Income | CN¥4.69 Billion | 19.94% |
| Other Components | CN¥8.11 Billion | 34.46% |
| Total Equity | CN¥23.55 Billion | 100.00% |
Huaxi Securities Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Huaxi Securities Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sterling Check Corp
NASDAQ:STER
|
$1.41 Billion |
|
Eternal Materials Co Ltd
TW:1717
|
$1.41 Billion |
|
IBF Financial Holdings Co Ltd
TW:2889
|
$1.41 Billion |
|
Arcplus Group PLC
SHG:600629
|
$1.41 Billion |
|
Fibra Mty S.A.P.I. de C.V.
MX:FMTY14
|
$1.40 Billion |
|
Intercorp Financial Services Inc
NYSE:IFS
|
$1.40 Billion |
|
Zhejiang Huatie Constr Safety
SHG:603300
|
$1.40 Billion |
|
Guangzhou Friendship Group Co Ltd
SHE:000987
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huaxi Securities Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,784,897,113 to 23,546,664,000, a change of 761,766,887 (3.3%).
- Net income of 727,965,112 contributed positively to equity growth.
- Dividend payments of 796,912,893 reduced retained earnings.
- Other comprehensive income increased equity by 4,694,622,000.
- Other factors decreased equity by 3,863,907,332.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥727.97 Million | +3.09% |
| Dividends Paid | CN¥796.91 Million | -3.38% |
| Other Comprehensive Income | CN¥4.69 Billion | +19.94% |
| Other Changes | CN¥-3.86 Billion | -16.41% |
| Total Change | CN¥- | 3.34% |
Book Value vs Market Value Analysis
This analysis compares Huaxi Securities Co Ltd Class A'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: 0.97x
- 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 15.89x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.55 | CN¥8.75 | x |
| 2006-12-31 | CN¥0.83 | CN¥8.75 | x |
| 2007-12-31 | CN¥1.92 | CN¥8.75 | x |
| 2008-12-31 | CN¥2.36 | CN¥8.75 | x |
| 2009-12-31 | CN¥1.61 | CN¥8.75 | x |
| 2010-12-31 | CN¥1.99 | CN¥8.75 | x |
| 2011-12-31 | CN¥2.88 | CN¥8.75 | x |
| 2012-12-31 | CN¥2.98 | CN¥8.75 | x |
| 2013-12-31 | CN¥3.31 | CN¥8.75 | x |
| 2014-12-31 | CN¥3.65 | CN¥8.75 | x |
| 2015-12-31 | CN¥4.96 | CN¥8.75 | x |
| 2016-12-31 | CN¥5.64 | CN¥8.75 | x |
| 2017-12-31 | CN¥6.13 | CN¥8.75 | x |
| 2018-12-31 | CN¥7.17 | CN¥8.75 | x |
| 2019-12-31 | CN¥7.49 | CN¥8.75 | x |
| 2020-12-31 | CN¥8.12 | CN¥8.75 | x |
| 2021-12-31 | CN¥8.52 | CN¥8.75 | x |
| 2022-12-31 | CN¥8.54 | CN¥8.75 | x |
| 2023-12-31 | CN¥8.68 | CN¥8.75 | x |
| 2024-12-31 | CN¥9.06 | CN¥8.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huaxi Securities Co Ltd Class A 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): 3.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.77%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 4.26x
- Recent ROE (3.09%) is below the historical average (14.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.04% | 4.00% | 0.13x | 3.92x | CN¥-44.32 Million |
| 2006 | 40.85% | 37.91% | 0.19x | 5.60x | CN¥261.13 Million |
| 2007 | 51.52% | 39.16% | 0.20x | 6.69x | CN¥807.10 Million |
| 2008 | 19.38% | 36.69% | 0.12x | 4.45x | CN¥224.00 Million |
| 2009 | 30.03% | 39.52% | 0.13x | 5.88x | CN¥684.63 Million |
| 2010 | 23.83% | 44.69% | 0.11x | 4.64x | CN¥584.31 Million |
| 2011 | 9.97% | 36.60% | 0.10x | 2.68x | CN¥-1.79 Million |
| 2012 | 6.39% | 26.69% | 0.09x | 2.72x | CN¥-228.68 Million |
| 2013 | 9.37% | 33.26% | 0.10x | 2.90x | CN¥-44.08 Million |
| 2014 | 14.25% | 34.66% | 0.09x | 4.73x | CN¥327.38 Million |
| 2015 | 21.80% | 37.82% | 0.11x | 5.31x | CN¥1.23 Billion |
| 2016 | 14.02% | 61.40% | 0.06x | 4.04x | CN¥477.54 Million |
| 2017 | 7.99% | 39.09% | 0.05x | 3.96x | CN¥-256.61 Million |
| 2018 | 4.60% | 25.12% | 0.07x | 2.55x | CN¥-990.45 Million |
| 2019 | 7.29% | 29.73% | 0.07x | 3.45x | CN¥-533.41 Million |
| 2020 | 8.91% | 32.61% | 0.08x | 3.62x | CN¥-231.84 Million |
| 2021 | 7.29% | 25.98% | 0.07x | 4.28x | CN¥-605.67 Million |
| 2022 | 1.88% | 9.18% | 0.05x | 4.36x | CN¥-1.82 Billion |
| 2023 | 1.87% | 9.64% | 0.05x | 3.90x | CN¥-1.85 Billion |
| 2024 | 3.09% | 18.77% | 0.04x | 4.26x | CN¥-1.63 Billion |
Industry Comparison
This section compares Huaxi Securities Co Ltd Class A's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $20,027,106,935
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huaxi Securities Co Ltd Class A (002926) | CN¥24.43 Billion | 2.04% | 3.66x | $1.41 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 |
| Shanxi Securities Co Ltd (002500) | $6.30 Billion | 3.07% | 1.08x | $1.47 Billion |
| Western Securities Co Ltd (002673) | $27.16 Billion | 1.59% | 2.52x | $2.22 Billion |