ChinaLin Securities Co Ltd (002945) - Net Assets

Latest as of September 2025: CN¥7.20 Billion CNY ≈ $1.05 Billion USD

Based on the latest financial reports, ChinaLin Securities Co Ltd (002945) has net assets worth CN¥7.20 Billion CNY (≈ $1.05 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¥30.62 Billion ≈ $4.48 Billion USD) and total liabilities (CN¥23.42 Billion ≈ $3.43 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. Explore how efficiently does ChinaLin Securities Co Ltd generate cash to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥7.20 Billion
% of Total Assets 23.51%
Annual Growth Rate 13.29%
5-Year Change 10.63%
10-Year Change 137.49%
Growth Volatility 20.26

ChinaLin Securities Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how ChinaLin Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore 002945 long-term investments to assets to see how much of total assets are deployed in long-term investments.

Annual Net Assets for ChinaLin Securities Co Ltd (2005–2024)

The table below shows the annual net assets of ChinaLin Securities Co Ltd from 2005 to 2024. For live valuation and market cap data, see ChinaLin Securities Co Ltd stock valuation.

Year Net Assets Change
2024-12-31 CN¥6.66 Billion
≈ $974.62 Million		 +4.36%
2023-12-31 CN¥6.38 Billion
≈ $933.94 Million		 +0.23%
2022-12-31 CN¥6.37 Billion
≈ $931.80 Million		 +1.66%
2021-12-31 CN¥6.26 Billion
≈ $916.58 Million		 +4.04%
2020-12-31 CN¥6.02 Billion
≈ $880.99 Million		 +12.78%
2019-12-31 CN¥5.34 Billion
≈ $781.17 Million		 +30.64%
2018-12-31 CN¥4.09 Billion
≈ $597.96 Million		 +9.20%
2017-12-31 CN¥3.74 Billion
≈ $547.60 Million		 +10.49%
2016-12-31 CN¥3.39 Billion
≈ $495.61 Million		 +20.77%
2015-12-31 CN¥2.80 Billion
≈ $410.38 Million		 +67.07%
2014-12-31 CN¥1.68 Billion
≈ $245.63 Million		 +43.68%
2013-12-31 CN¥1.17 Billion
≈ $170.95 Million		 +6.15%
2012-12-31 CN¥1.10 Billion
≈ $161.05 Million		 +4.83%
2011-12-31 CN¥1.05 Billion
≈ $153.64 Million		 -17.96%
2010-12-31 CN¥1.28 Billion
≈ $187.26 Million		 +8.90%
2009-12-31 CN¥1.18 Billion
≈ $171.95 Million		 +24.02%
2008-12-31 CN¥947.44 Million
≈ $138.64 Million		 -4.34%
2007-12-31 CN¥990.47 Million
≈ $144.94 Million		 +52.74%
2006-12-31 CN¥648.45 Million
≈ $94.89 Million		 +4.32%
2005-12-31 CN¥621.59 Million
≈ $90.96 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to ChinaLin 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 223483690361.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.01 Billion 30.11%
Common Stock CN¥2.70 Billion 40.54%
Other Comprehensive Income CN¥1.28 Billion 19.18%
Other Components CN¥677.16 Million 10.17%
Total Equity CN¥6.66 Billion 100.00%

ChinaLin Securities Co Ltd Competitors by Market Cap

The table below lists competitors of ChinaLin Securities Co Ltd ranked by their market capitalization.

Company Market Cap
Nexans S.A.
PA:NEX
 $6.01 Billion
Bachem Holding AG
SW:BANB
 $6.02 Billion
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
 $6.03 Billion
Hyundai Mipo Dockyard
KO:010620
 $6.03 Billion
Descartes Systems Group Inc
TO:DSG
 $6.00 Billion
Vipshop Holdings Limited
NYSE:VIPS
 $6.00 Billion
Capital Securities Corp. Ltd.
SHG:601136
 $5.99 Billion
UPL Limited
NSE:UPL
 $5.99 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ChinaLin Securities Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,344,844,687 to 6,660,388,000, a change of 315,543,313 (5.0%).
  • Net income of 353,153,261 contributed positively to equity growth.
  • Dividend payments of 82,546,761 reduced retained earnings.
  • Other comprehensive income increased equity by 89,754,422.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥353.15 Million +5.3%
Dividends Paid CN¥82.55 Million -1.24%
Other Comprehensive Income CN¥89.75 Million +1.35%
Other Changes CN¥-44.82 Million -0.67%
Total Change CN¥- 4.97%

Book Value vs Market Value Analysis

This analysis compares ChinaLin 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: 6.20x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 23.54x to 6.20x 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¥0.65 CN¥15.19 x
2006-12-31 CN¥0.67 CN¥15.19 x
2007-12-31 CN¥1.03 CN¥15.19 x
2008-12-31 CN¥0.98 CN¥15.19 x
2009-12-31 CN¥1.22 CN¥15.19 x
2010-12-31 CN¥1.33 CN¥15.19 x
2011-12-31 CN¥1.09 CN¥15.19 x
2012-12-31 CN¥1.14 CN¥15.19 x
2013-12-31 CN¥1.21 CN¥15.19 x
2014-12-31 CN¥1.61 CN¥15.19 x
2015-12-31 CN¥1.51 CN¥15.19 x
2016-12-31 CN¥1.38 CN¥15.19 x
2017-12-31 CN¥1.53 CN¥15.19 x
2018-12-31 CN¥1.65 CN¥15.19 x
2019-12-31 CN¥1.98 CN¥15.19 x
2020-12-31 CN¥2.23 CN¥15.19 x
2021-12-31 CN¥2.32 CN¥15.19 x
2022-12-31 CN¥2.36 CN¥15.19 x
2023-12-31 CN¥2.35 CN¥15.19 x
2024-12-31 CN¥2.45 CN¥15.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ChinaLin 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): 5.30%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 22.02%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 3.67x
  • Recent ROE (5.30%) is below the historical average (9.78%), 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 -11.40% -93.99% 0.06x 2.19x CN¥-133.03 Million
2006 3.90% 22.98% 0.05x 3.63x CN¥-39.53 Million
2007 33.06% 42.64% 0.17x 4.66x CN¥228.39 Million
2008 7.53% 18.19% 0.12x 3.48x CN¥-23.39 Million
2009 20.16% 27.22% 0.13x 5.89x CN¥119.36 Million
2010 8.18% 15.12% 0.09x 6.22x CN¥-23.35 Million
2011 1.88% 3.56% 0.11x 4.71x CN¥-85.25 Million
2012 4.55% 7.89% 0.16x 3.66x CN¥-59.97 Million
2013 6.60% 11.97% 0.17x 3.24x CN¥-39.77 Million
2014 11.21% 26.63% 0.09x 4.52x CN¥20.23 Million
2015 29.10% 48.91% 0.09x 6.41x CN¥535.55 Million
2016 17.39% 44.97% 0.09x 4.24x CN¥250.43 Million
2017 12.42% 43.40% 0.07x 3.89x CN¥90.33 Million
2018 8.46% 28.74% 0.10x 2.91x CN¥-62.67 Million
2019 8.27% 38.76% 0.07x 3.09x CN¥-92.17 Million
2020 13.50% 44.96% 0.07x 4.12x CN¥210.45 Million
2021 7.72% 26.32% 0.09x 3.30x CN¥-142.65 Million
2022 7.30% 27.49% 0.08x 3.26x CN¥-172.10 Million
2023 0.50% 2.63% 0.06x 3.10x CN¥-602.80 Million
2024 5.30% 22.02% 0.07x 3.67x CN¥-312.89 Million

Industry Comparison

This section compares ChinaLin 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: $24,956,744,361
  • Average return on equity (ROE) among peers: 6.68%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ChinaLin Securities Co Ltd (002945) CN¥7.20 Billion -11.40% 3.25x $6.00 Billion
Shenwan Hongyuan Group Co Ltd (000166) $84.83 Billion 6.76% 3.58x $14.67 Billion
Northeast Securities Co Ltd (000686) $329.94 Million 11.15% 0.57x $2.71 Billion
Guangdong Golden Dragon Development Inc (000712) $158.46 Million 15.34% 1.13x $1.44 Billion
Guoyuan Securities Co Ltd (000728) $915.13 Million -18.27% 0.81x $4.61 Billion
Sealand Securities Co Ltd (000750) $2.79 Billion 16.36% 3.79x $3.50 Billion
GF Securities Co Ltd (000776) $94.14 Billion 8.01% 3.19x $16.30 Billion
Changjiang Securities Co Ltd (000783) $9.12 Billion 15.04% 2.88x $6.67 Billion
Shanxi Securities Co Ltd (002500) $6.38 Billion 2.22% 1.01x $2.76 Billion
Western Securities Co Ltd (002673) $26.11 Billion 4.28% 1.45x $4.47 Billion
Huaxi Securities Co Ltd Class A (002926) $24.79 Billion 5.93% 3.25x $3.17 Billion

About ChinaLin Securities Co Ltd

SHE:002945 China Capital Markets
Market Cap
$6.00 Billion
CN¥41.01 Billion CNY
Market Cap Rank
#3205 Global
#444 in China
Share Price
CN¥15.19
Change (1 day)
+0.80%
52-Week Range
CN¥13.53 - CN¥20.75
All Time High
CN¥21.04
Categories
Companies in China Capital Markets
About

ChinaLin Securities Co., Ltd, together with its subsidiaries, provides securities brokerage, wealth management, investment banking, and asset management services in China. It also offers alternative investment and private equity investment services; credit, agency sales of financial products, stock options, investment consulting, and other services; and margin trading and securities lending, stoc… Read more