ChinaLin Securities Co Ltd (002945) - Net Assets
Based on the latest financial reports, ChinaLin Securities Co Ltd (002945) has net assets worth CN¥7.35 Billion CNY (≈ $1.08 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¥36.47 Billion ≈ $5.34 Billion USD) and total liabilities (CN¥29.12 Billion ≈ $4.26 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 how strategically is ChinaLin Securities Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.35 Billion |
| % of Total Assets | 20.16% |
| Annual Growth Rate | 13.07% |
| 5-Year Change | 15.88% |
| 10-Year Change | 114.3% |
| Growth Volatility | 19.79 |
ChinaLin Securities Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how ChinaLin Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is ChinaLin Securities Co Ltd worth.
Annual Net Assets for ChinaLin Securities Co Ltd (2005–2025)
The table below shows the annual net assets of ChinaLin Securities Co Ltd from 2005 to 2025. Also explore net asset growth rate of ChinaLin Securities Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.26 Billion ≈ $1.06 Billion |
+8.98% |
| 2024-12-31 | CN¥6.66 Billion ≈ $974.62 Million |
+4.97% |
| 2023-12-31 | CN¥6.34 Billion ≈ $928.45 Million |
-0.36% |
| 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 |
+30.48% |
| 2018-12-31 | CN¥4.09 Billion ≈ $598.70 Million |
+9.33% |
| 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 |
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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 254968402587.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.32 Billion | 31.97% |
| Other Components | CN¥4.94 Billion | 68.03% |
| Total Equity | CN¥7.26 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 |
|---|---|
|
Yantai Moon Co Ltd
SHE:000811
|
$5.73 Billion |
|
NEXTDC Ltd
AU:NXT
|
$5.73 Billion |
|
JBTMarel Corp
NYSE:JBTM
|
$5.73 Billion |
|
Elisa Oyj
HE:ELISA
|
$5.74 Billion |
|
Hunan Yuneng New Energy Battery Material Co. Ltd. A
SHE:301358
|
$5.72 Billion |
|
Blackstone Secured Lending Fund
NYSE:BXSL
|
$5.72 Billion |
|
Rayonier Inc
NYSE:RYN
|
$5.71 Billion |
|
Spring Airlines Co Ltd
SHG:601021
|
$5.70 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 2024 to 2025, total equity changed from 6,660,387,975 to 7,258,254,142, a change of 597,866,167 (9.0%).
- Net income of 506,231,215 contributed positively to equity growth.
- Dividend payments of 162,450,013 reduced retained earnings.
- Other comprehensive income decreased equity by 1,277,647,000.
- Other factors increased equity by 1,531,731,964.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥506.23 Million | +6.97% |
| Dividends Paid | CN¥162.45 Million | -2.24% |
| Other Comprehensive Income | CN¥-1.28 Billion | -17.6% |
| Other Changes | CN¥1.53 Billion | +21.1% |
| Total Change | CN¥- | 8.98% |
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: 5.39x
- 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 22.44x to 5.39x 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¥14.48 | x |
| 2006-12-31 | CN¥0.67 | CN¥14.48 | x |
| 2007-12-31 | CN¥1.03 | CN¥14.48 | x |
| 2008-12-31 | CN¥0.98 | CN¥14.48 | x |
| 2009-12-31 | CN¥1.22 | CN¥14.48 | x |
| 2010-12-31 | CN¥1.33 | CN¥14.48 | x |
| 2011-12-31 | CN¥1.09 | CN¥14.48 | x |
| 2012-12-31 | CN¥1.14 | CN¥14.48 | x |
| 2013-12-31 | CN¥1.21 | CN¥14.48 | x |
| 2014-12-31 | CN¥1.61 | CN¥14.48 | x |
| 2015-12-31 | CN¥1.51 | CN¥14.48 | x |
| 2016-12-31 | CN¥1.38 | CN¥14.48 | x |
| 2017-12-31 | CN¥1.53 | CN¥14.48 | x |
| 2018-12-31 | CN¥1.66 | CN¥14.48 | x |
| 2019-12-31 | CN¥1.98 | CN¥14.48 | x |
| 2020-12-31 | CN¥2.23 | CN¥14.48 | x |
| 2021-12-31 | CN¥2.32 | CN¥14.48 | x |
| 2022-12-31 | CN¥2.36 | CN¥14.48 | x |
| 2023-12-31 | CN¥2.35 | CN¥14.48 | x |
| 2024-12-31 | CN¥2.45 | CN¥14.48 | x |
| 2025-12-31 | CN¥2.69 | CN¥14.48 | 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): 6.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.82%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.80x
- Recent ROE (6.97%) is below the historical average (9.65%), 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 | 8.45% | 28.74% | 0.10x | 2.91x | CN¥-63.17 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 | 3.09x | CN¥-602.80 Million |
| 2024 | 5.30% | 22.02% | 0.07x | 3.67x | CN¥-312.89 Million |
| 2025 | 6.97% | 29.82% | 0.06x | 3.80x | CN¥-219.59 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: $20,978,742,093
- Average return on equity (ROE) among peers: 17.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ChinaLin Securities Co Ltd (002945) | CN¥7.35 Billion | -11.40% | 3.96x | $5.72 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $57.01 Billion | 8.07% | 4.26x | $14.48 Billion |
| Northeast Securities Co Ltd (000686) | $17.41 Billion | 7.66% | 2.94x | $2.62 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $5.37 Billion | 1.23% | 3.44x | $1.31 Billion |
| Guoyuan Securities Co Ltd (000728) | $247.79 Million | 59.08% | 2.46x | $4.66 Billion |
| Sealand Securities Co Ltd (000750) | $377.05 Million | 10.45% | 0.41x | $3.37 Billion |
| GF Securities Co Ltd (000776) | $102.27 Billion | 9.81% | 3.47x | $17.60 Billion |
| Changjiang Securities Co Ltd (000783) | $889.77 Million | 27.59% | 0.68x | $6.70 Billion |
| Shanxi Securities Co Ltd (002500) | $2.23 Billion | 37.41% | 3.97x | $2.70 Billion |
| Western Securities Co Ltd (002673) | $17.66 Billion | 4.26% | 1.90x | $4.32 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $6.33 Billion | 6.39% | 1.72x | $3.16 Billion |
About ChinaLin Securities Co Ltd
ChinaLin Securities Co., Ltd, together with its subsidiaries, engages in wealth management, investment banking, asset management, and proprietary trading in China. The company also various fund types, such as capital preservation, stock, QDII, bond, monetary, hybrid, and other products. In addition, it is involved in alternative investment; private equity fund management; venture capital and busi… Read more