Bank of Suzhou
Bank of Suzhou Co., Ltd. provides commercial banking products and services in China. It operates through Corporate Business, Personal Business, Capital Business, and Other Business segments. The company offers deposits, loans, and consumer credit and mortgage loans; personal assets; settlements and trade-related products and other services; foreign exchange and derivative transactions, interbank … Read more
Bank of Suzhou (002966) - Net Assets
Latest net assets as of September 2025: CN¥52.42 Billion CNY
Based on the latest financial reports, Bank of Suzhou (002966) has net assets worth CN¥52.42 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¥776.04 Billion) and total liabilities (CN¥723.62 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¥52.42 Billion |
| % of Total Assets | 6.75% |
| Annual Growth Rate | 24.33% |
| 5-Year Change | 76.93% |
| 10-Year Change | 181.58% |
| Growth Volatility | 124.39 |
Bank of Suzhou - Net Assets Trend (2009–2024)
This chart illustrates how Bank of Suzhou's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank of Suzhou (2009–2024)
The table below shows the annual net assets of Bank of Suzhou from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥55.26 Billion | +15.92% |
| 2023-12-31 | CN¥47.67 Billion | +17.80% |
| 2022-12-31 | CN¥40.46 Billion | +18.00% |
| 2021-12-31 | CN¥34.29 Billion | +9.79% |
| 2020-12-31 | CN¥31.23 Billion | +7.87% |
| 2019-12-31 | CN¥28.95 Billion | +17.76% |
| 2018-12-31 | CN¥24.59 Billion | +10.35% |
| 2017-12-31 | CN¥22.28 Billion | +6.57% |
| 2016-12-31 | CN¥20.91 Billion | +6.53% |
| 2015-12-31 | CN¥19.62 Billion | +12.89% |
| 2014-12-31 | CN¥17.38 Billion | +11.11% |
| 2013-12-31 | CN¥15.64 Billion | +4.92% |
| 2012-12-31 | CN¥14.91 Billion | +8.58% |
| 2011-12-31 | CN¥13.73 Billion | +6.98% |
| 2010-12-31 | CN¥12.84 Billion | +509.44% |
| 2009-12-31 | CN¥2.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank of Suzhou'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 4301.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.44 Billion | 29.19% |
| Common Stock | CN¥3.83 Billion | 7.24% |
| Other Comprehensive Income | CN¥13.15 Billion | 24.86% |
| Other Components | CN¥20.48 Billion | 38.71% |
| Total Equity | CN¥52.91 Billion | 100.00% |
Bank of Suzhou Competitors by Market Cap
The table below lists competitors of Bank of Suzhou ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Campbell's Company
SA:C1PB34
|
$3.58 Billion |
|
Lixil Group Corp
PINK:JSGRY
|
$3.59 Billion |
|
Enstar Group Limited
NASDAQ:ESGR
|
$3.59 Billion |
|
Cadence Bancorp
NYSE:CADE
|
$3.59 Billion |
|
Reply SpA
PINK:RPYTF
|
$3.58 Billion |
|
DLVEY
PINK:DLVEY
|
$3.58 Billion |
|
Axonics Modulation Technologies Inc
NASDAQ:AXNX
|
$3.58 Billion |
|
Otter Tail Corporation
NASDAQ:OTTR
|
$3.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Suzhou's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,479,985,000 to 52,911,051,000, a change of 7,431,066,000 (16.3%).
- Net income of 5,068,207,399 contributed positively to equity growth.
- Dividend payments of 3,067,320,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,545,245,000.
- Other factors increased equity by 3,884,933,601.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥5.07 Billion | +9.58% |
| Dividends Paid | CN¥3.07 Billion | -5.8% |
| Other Comprehensive Income | CN¥1.55 Billion | +2.92% |
| Other Changes | CN¥3.88 Billion | +7.34% |
| Total Change | CN¥- | 16.34% |
Book Value vs Market Value Analysis
This analysis compares Bank of Suzhou'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: 0.70x
- 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 11.91x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.70 | CN¥8.36 | x |
| 2010-12-31 | CN¥4.62 | CN¥8.36 | x |
| 2011-12-31 | CN¥4.12 | CN¥8.36 | x |
| 2012-12-31 | CN¥4.92 | CN¥8.36 | x |
| 2013-12-31 | CN¥4.65 | CN¥8.36 | x |
| 2014-12-31 | CN¥5.22 | CN¥8.36 | x |
| 2015-12-31 | CN¥5.70 | CN¥8.36 | x |
| 2016-12-31 | CN¥6.05 | CN¥8.36 | x |
| 2017-12-31 | CN¥6.43 | CN¥8.36 | x |
| 2018-12-31 | CN¥7.17 | CN¥8.36 | x |
| 2019-12-31 | CN¥8.07 | CN¥8.36 | x |
| 2020-12-31 | CN¥8.09 | CN¥8.36 | x |
| 2021-12-31 | CN¥8.30 | CN¥8.36 | x |
| 2022-12-31 | CN¥9.34 | CN¥8.36 | x |
| 2023-12-31 | CN¥10.41 | CN¥8.36 | x |
| 2024-12-31 | CN¥11.90 | CN¥8.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Suzhou 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): 9.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.23%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 13.11x
- Recent ROE (9.58%) is below the historical average (9.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 16.21% | 22.61% | 0.05x | 15.54x | CN¥130.85 Million |
| 2010 | 4.77% | 30.21% | 0.04x | 4.26x | CN¥-665.80 Million |
| 2011 | 8.23% | 27.36% | 0.05x | 6.11x | CN¥-241.18 Million |
| 2012 | 9.19% | 18.79% | 0.06x | 8.70x | CN¥-119.52 Million |
| 2013 | 10.35% | 15.81% | 0.06x | 10.62x | CN¥54.14 Million |
| 2014 | 10.28% | 14.39% | 0.06x | 11.93x | CN¥48.19 Million |
| 2015 | 9.72% | 14.02% | 0.06x | 12.37x | CN¥-51.81 Million |
| 2016 | 9.77% | 15.38% | 0.05x | 13.05x | CN¥-45.98 Million |
| 2017 | 9.89% | 14.64% | 0.05x | 13.32x | CN¥-22.76 Million |
| 2018 | 9.51% | 14.08% | 0.05x | 13.20x | CN¥-114.30 Million |
| 2019 | 8.89% | 14.11% | 0.05x | 12.35x | CN¥-307.23 Million |
| 2020 | 8.65% | 13.78% | 0.05x | 13.05x | CN¥-401.09 Million |
| 2021 | 9.52% | 15.20% | 0.05x | 13.88x | CN¥-157.91 Million |
| 2022 | 10.17% | 17.61% | 0.04x | 13.61x | CN¥65.51 Million |
| 2023 | 10.12% | 19.48% | 0.04x | 13.23x | CN¥52.65 Million |
| 2024 | 9.58% | 20.23% | 0.04x | 13.11x | CN¥-222.90 Million |
Industry Comparison
This section compares Bank of Suzhou's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $131,525,299,111
- Average return on equity (ROE) among peers: 12.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Suzhou (002966) | CN¥52.42 Billion | 16.21% | 13.80x | $3.58 Billion |
| Ping An Bank Co Ltd (000001) | $202.17 Billion | 11.18% | 13.61x | $11.97 Billion |
| Bank of Ningbo Co Ltd (002142) | $18.71 Billion | 17.39% | 12.92x | $12.79 Billion |
| Bank of Qingdao Co Ltd (002948) | $9.78 Billion | 15.28% | 14.96x | $1.08 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $39.05 Billion | 6.58% | 10.98x | $1.43 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $478.38 Billion | 11.69% | 12.15x | $19.86 Billion |
| Hua Xia Bank Co Ltd (600015) | $323.32 Billion | 7.74% | 11.06x | $4.16 Billion |
| China Minsheng Banking Corp Ltd (600016) | $54.67 Billion | 14.42% | 18.29x | $13.37 Billion |
| Wuxi Rural Commercial Bank Co Ltd (600908) | $23.37 Billion | 9.64% | 9.99x | $1.15 Billion |
| Bank of Jiangsu Co Ltd (600919) | $34.27 Billion | 20.54% | 17.98x | $20.05 Billion |