Qingdao Rural Commercial Bank Corp Class A
Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. It accepts deposits; offers loans, settlements, bill acceptance and discounting, letter of credit and guarantees, foreign exchange credit, and consulting and witnessing services. The company also acts as an insurance agency; and underwrites government bonds and financial bonds. In addition, it engages… Read more
Qingdao Rural Commercial Bank Corp Class A (002958) - Net Assets
Latest net assets as of September 2025: CN¥37.17 Billion CNY
Based on the latest financial reports, Qingdao Rural Commercial Bank Corp Class A (002958) has net assets worth CN¥37.17 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¥509.92 Billion) and total liabilities (CN¥472.75 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¥37.17 Billion |
| % of Total Assets | 7.29% |
| Annual Growth Rate | 21.66% |
| 5-Year Change | -87.18% |
| 10-Year Change | 204.77% |
| Growth Volatility | 310.96 |
Qingdao Rural Commercial Bank Corp Class A - Net Assets Trend (2011–2024)
This chart illustrates how Qingdao Rural Commercial Bank Corp 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 Qingdao Rural Commercial Bank Corp Class A (2011–2024)
The table below shows the annual net assets of Qingdao Rural Commercial Bank Corp Class A from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥41.11 Billion | +5.28% |
| 2023-12-31 | CN¥39.05 Billion | -88.82% |
| 2022-12-31 | CN¥349.30 Billion | +3.91% |
| 2021-12-31 | CN¥336.16 Billion | +4.80% |
| 2020-12-31 | CN¥320.77 Billion | +18.60% |
| 2019-12-31 | CN¥270.47 Billion | +1167.25% |
| 2018-12-31 | CN¥21.34 Billion | +19.11% |
| 2017-12-31 | CN¥17.92 Billion | +13.78% |
| 2016-12-31 | CN¥15.75 Billion | +16.75% |
| 2015-12-31 | CN¥13.49 Billion | +11.72% |
| 2014-12-31 | CN¥12.07 Billion | +14.61% |
| 2013-12-31 | CN¥10.54 Billion | +17.48% |
| 2012-12-31 | CN¥8.97 Billion | +179.04% |
| 2011-12-31 | CN¥3.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qingdao Rural Commercial Bank Corp 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 5339.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥12.44 Billion | 30.53% |
| Common Stock | CN¥5.56 Billion | 13.63% |
| Other Components | CN¥22.75 Billion | 55.84% |
| Total Equity | CN¥40.75 Billion | 100.00% |
Qingdao Rural Commercial Bank Corp Class A Competitors by Market Cap
The table below lists competitors of Qingdao Rural Commercial Bank Corp Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BVHMY
PINK:BVHMY
|
$1.44 Billion |
|
Harmony Biosciences Holdings
NASDAQ:HRMY
|
$1.44 Billion |
|
Lions Gate Entertainment Corp
NYSE:LGF-A
|
$1.44 Billion |
|
JC Decaux SA
PA:DEC
|
$1.44 Billion |
|
ZEGLF
PINK:ZEGLF
|
$1.44 Billion |
|
Jungheinrich AG O.N.VZO
XETRA:JUN3
|
$1.44 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
$1.44 Billion |
|
Select Energy Services Inc
NYSE:WTTR
|
$1.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Rural Commercial Bank Corp Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,110,214,000 to 40,747,140,000, a change of 2,636,926,000 (6.9%).
- Net income of 2,856,483,000 contributed positively to equity growth.
- Dividend payments of 2,829,801,000 reduced retained earnings.
- Other factors increased equity by 2,610,244,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.86 Billion | +7.01% |
| Dividends Paid | CN¥2.83 Billion | -6.94% |
| Other Changes | CN¥2.61 Billion | +6.41% |
| Total Change | CN¥- | 6.92% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Rural Commercial Bank Corp 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: 0.54x
- 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 4.88x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.65 | CN¥3.17 | x |
| 2012-12-31 | CN¥1.81 | CN¥3.17 | x |
| 2013-12-31 | CN¥2.11 | CN¥3.17 | x |
| 2014-12-31 | CN¥2.39 | CN¥3.17 | x |
| 2015-12-31 | CN¥2.68 | CN¥3.17 | x |
| 2016-12-31 | CN¥3.03 | CN¥3.17 | x |
| 2017-12-31 | CN¥3.44 | CN¥3.17 | x |
| 2018-12-31 | CN¥4.07 | CN¥3.17 | x |
| 2019-12-31 | CN¥4.51 | CN¥3.17 | x |
| 2020-12-31 | CN¥4.93 | CN¥3.17 | x |
| 2021-12-31 | CN¥5.32 | CN¥3.17 | x |
| 2022-12-31 | CN¥5.30 | CN¥3.17 | x |
| 2023-12-31 | CN¥5.65 | CN¥3.17 | x |
| 2024-12-31 | CN¥5.85 | CN¥3.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Rural Commercial Bank Corp 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): 7.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.48%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 12.15x
- Recent ROE (7.01%) is below the historical average (11.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 17.59% | 11.65% | 0.06x | 26.68x | CN¥243.98 Million |
| 2012 | 13.25% | 28.04% | 0.04x | 11.32x | CN¥291.47 Million |
| 2013 | 15.66% | 23.13% | 0.06x | 11.92x | CN¥596.57 Million |
| 2014 | 14.21% | 20.42% | 0.06x | 12.03x | CN¥508.86 Million |
| 2015 | 13.82% | 20.88% | 0.05x | 12.24x | CN¥514.62 Million |
| 2016 | 12.89% | 21.11% | 0.04x | 13.88x | CN¥431.73 Million |
| 2017 | 12.48% | 20.73% | 0.04x | 14.67x | CN¥425.00 Million |
| 2018 | 11.79% | 18.66% | 0.04x | 14.34x | CN¥367.64 Million |
| 2019 | 11.57% | 18.79% | 0.04x | 13.99x | CN¥383.27 Million |
| 2020 | 10.26% | 17.74% | 0.04x | 14.10x | CN¥75.46 Million |
| 2021 | 8.97% | 16.24% | 0.04x | 12.60x | CN¥-350.89 Million |
| 2022 | 6.51% | 12.40% | 0.04x | 12.22x | CN¥-1.24 Billion |
| 2023 | 6.74% | 13.23% | 0.04x | 12.28x | CN¥-1.24 Billion |
| 2024 | 7.01% | 14.48% | 0.04x | 12.15x | CN¥-1.22 Billion |
Industry Comparison
This section compares Qingdao Rural Commercial Bank Corp Class A's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $62,761,414,428
- Average return on equity (ROE) among peers: 14.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Rural Commercial Bank Corp Class A (002958) | CN¥37.17 Billion | 17.59% | 12.72x | $1.44 Billion |
| Ping An Bank Co Ltd (000001) | $395.45 Billion | 9.19% | 11.45x | $11.97 Billion |
| Bank of Ningbo Co Ltd (002142) | $2.19 Billion | 21.58% | 18.40x | $12.71 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $59.41 Billion | 5.43% | 8.68x | $1.65 Billion |
| Bank of Suzhou (002966) | $14.91 Billion | 9.10% | 7.61x | $3.59 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $3.17 Billion | 20.34% | 24.74x | $19.86 Billion |
| Hua Xia Bank Co Ltd (600015) | $9.61 Billion | 10.58% | 30.67x | $4.16 Billion |
| Wuxi Rural Commercial Bank Co Ltd (600908) | $6.54 Billion | 14.16% | 14.98x | $1.15 Billion |
| Bank of Jiangsu Co Ltd (600919) | $56.07 Billion | 15.49% | 17.52x | $20.03 Billion |
| Bank of Hangzhou Co Ltd (600926) | $17.51 Billion | 20.28% | 17.56x | $9.10 Billion |