Huaxi Securities Co Ltd Class A (002926) - Net Assets

Latest as of September 2025: CN¥24.43 Billion CNY ≈ $3.57 Billion USD

Based on the latest financial reports, Huaxi Securities Co Ltd Class A (002926) has net assets worth CN¥24.43 Billion CNY (≈ $3.57 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¥113.72 Billion ≈ $16.64 Billion USD) and total liabilities (CN¥89.30 Billion ≈ $13.07 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 002926 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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	31.19

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. Also explore 002926 total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Huaxi Securities Co Ltd Class A.

Year	Net Assets	Change
2024-12-31	CN¥23.56 Billion ≈ $3.45 Billion	+3.34%
2023-12-31	CN¥22.80 Billion ≈ $3.34 Billion	+1.61%
2022-12-31	CN¥22.44 Billion ≈ $3.28 Billion	+0.16%
2021-12-31	CN¥22.40 Billion ≈ $3.28 Billion	+4.85%
2020-12-31	CN¥21.37 Billion ≈ $3.13 Billion	+8.50%
2019-12-31	CN¥19.69 Billion ≈ $2.88 Billion	+6.95%
2018-12-31	CN¥18.41 Billion ≈ $2.69 Billion	+43.64%
2017-12-31	CN¥12.82 Billion ≈ $1.88 Billion	+6.92%
2016-12-31	CN¥11.99 Billion ≈ $1.75 Billion	+13.63%
2015-12-31	CN¥10.55 Billion ≈ $1.54 Billion	+28.86%
2014-12-31	CN¥8.19 Billion ≈ $1.20 Billion	+16.23%
2013-12-31	CN¥7.05 Billion ≈ $1.03 Billion	+11.36%
2012-12-31	CN¥6.33 Billion ≈ $925.83 Million	+3.37%
2011-12-31	CN¥6.12 Billion ≈ $895.62 Million	+44.82%
2010-12-31	CN¥4.23 Billion ≈ $618.43 Million	+23.65%
2009-12-31	CN¥3.42 Billion ≈ $500.15 Million	+43.09%
2008-12-31	CN¥2.39 Billion ≈ $349.53 Million	+22.88%
2007-12-31	CN¥1.94 Billion ≈ $284.45 Million	+139.64%
2006-12-31	CN¥811.16 Million ≈ $118.70 Million	+45.77%
2005-12-31	CN¥556.48 Million ≈ $81.43 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 858429428400.0% 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
PROTECTOR FORSIKR.(ADS)/2 F:PR40	$3.35 Billion
EQB Inc. TO:EQB	$3.35 Billion
Viking Therapeutics Inc NASDAQ:VKTX	$3.35 Billion
Anhui Zhongding Sealing Parts Co Ltd SHE:000887	$3.35 Billion
GoTo Gojek Tokopedia PT JK:GOTO	$3.35 Billion
Boyd Group Services Inc. TO:BYD	$3.35 Billion
Tongyu Communication Inc SHE:002792	$3.35 Billion
ATHENS INTERNATIONAL AIRPORT S. AT:AIA	$3.35 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: 0.96x
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 15.84x to 0.96x 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¥8.72	x
2006-12-31	CN¥0.83	CN¥8.72	x
2007-12-31	CN¥1.92	CN¥8.72	x
2008-12-31	CN¥2.36	CN¥8.72	x
2009-12-31	CN¥1.61	CN¥8.72	x
2010-12-31	CN¥1.99	CN¥8.72	x
2011-12-31	CN¥2.88	CN¥8.72	x
2012-12-31	CN¥2.98	CN¥8.72	x
2013-12-31	CN¥3.31	CN¥8.72	x
2014-12-31	CN¥3.84	CN¥8.72	x
2015-12-31	CN¥4.96	CN¥8.72	x
2016-12-31	CN¥5.64	CN¥8.72	x
2017-12-31	CN¥6.13	CN¥8.72	x
2018-12-31	CN¥7.17	CN¥8.72	x
2019-12-31	CN¥7.49	CN¥8.72	x
2020-12-31	CN¥8.12	CN¥8.72	x
2021-12-31	CN¥8.52	CN¥8.72	x
2022-12-31	CN¥8.54	CN¥8.72	x
2023-12-31	CN¥8.68	CN¥8.72	x
2024-12-31	CN¥9.06	CN¥8.72	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 (14.28%), 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	13.53%	34.66%	0.09x	4.53x	CN¥286.66 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¥-991.85 Million
2019	7.29%	29.73%	0.07x	3.45x	CN¥-533.41 Million
2020	8.91%	32.61%	0.08x	3.63x	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: $15,169,424,846
Average return on equity (ROE) among peers: 4.31%

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	$3.35 Billion
Shenwan Hongyuan Group Co Ltd (000166)	$71.20 Billion	5.84%	3.88x	$15.63 Billion
Northeast Securities Co Ltd (000686)	$3.47 Billion	15.20%	4.64x	$2.97 Billion
Guangdong Golden Dragon Development Inc (000712)	$463.73 Million	2.66%	1.76x	$1.37 Billion
Guoyuan Securities Co Ltd (000728)	$915.13 Million	-18.27%	0.81x	$4.69 Billion
Sealand Securities Co Ltd (000750)	$395.63 Million	10.27%	0.14x	$3.65 Billion
GF Securities Co Ltd (000776)	$224.95 Million	6.93%	0.77x	$18.34 Billion
Changjiang Securities Co Ltd (000783)	$12.69 Billion	7.93%	1.49x	$6.47 Billion
Shanxi Securities Co Ltd (002500)	$18.15 Billion	3.41%	3.27x	$2.97 Billion
Western Securities Co Ltd (002673)	$29.02 Billion	4.84%	2.31x	$4.70 Billion

About Huaxi Securities Co Ltd Class A

SHE:002926 China Capital Markets

Market Cap

$3.35 Billion

CN¥22.89 Billion CNY

Market Cap Rank

#4609 Global

#844 in China

Share Price

CN¥8.72

Change (1 day)

-0.11%

52-Week Range

CN¥8.15 - CN¥10.82

All Time High

CN¥15.80