China Minsheng Banking Corp Ltd

SHG:600016 China Banks - Regional
Market Cap
$19.14 Billion
CN¥140.43 Billion CNY
Market Cap Rank
#1341 Global
#54 in China
Share Price
CN¥3.96
Change (1 day)
-0.75%
52-Week Range
CN¥3.73 - CN¥5.55
All Time High
CN¥5.90
Categories
Companies in China Banks - Regional Banking & Financial
About

China Minsheng Banking Corp., Ltd. provides banking products and services in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments. Its deposit products include saving accounts, deposit books and certificates, contracted and agreement deposits, call deposits, and corporate term and current deposits. The company also offers personal hou… Read more

China Minsheng Banking Corp Ltd (600016) - Net Assets

Latest net assets as of September 2025: CN¥595.55 Billion CNY

Based on the latest financial reports, China Minsheng Banking Corp Ltd (600016) has net assets worth CN¥595.55 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¥7.87 Trillion) and total liabilities (CN¥7.28 Trillion). 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¥595.55 Billion
% of Total Assets 7.56%
Annual Growth Rate 25.09%
5-Year Change 21.31%
10-Year Change 111.94%
Growth Volatility 52.47

China Minsheng Banking Corp Ltd - Net Assets Trend (1997–2024)

This chart illustrates how China Minsheng Banking Corp Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for China Minsheng Banking Corp Ltd (1997–2024)

The table below shows the annual net assets of China Minsheng Banking Corp Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥656.57 Billion +2.94%
2023-12-31 CN¥637.80 Billion +4.08%
2022-12-31 CN¥612.81 Billion +4.48%
2021-12-31 CN¥586.54 Billion +8.37%
2020-12-31 CN¥541.25 Billion +1.96%
2019-12-31 CN¥530.83 Billion +23.16%
2018-12-31 CN¥431.00 Billion +10.57%
2017-12-31 CN¥389.81 Billion +10.73%
2016-12-31 CN¥352.03 Billion +13.64%
2015-12-31 CN¥309.78 Billion +25.04%
2014-12-31 CN¥247.76 Billion +21.28%
2013-12-31 CN¥204.29 Billion +21.21%
2012-12-31 CN¥168.54 Billion +25.68%
2011-12-31 CN¥134.11 Billion +27.41%
2010-12-31 CN¥105.26 Billion +18.41%
2009-12-31 CN¥88.89 Billion +62.60%
2008-12-31 CN¥54.67 Billion +8.94%
2007-12-31 CN¥50.19 Billion +159.90%
2006-12-31 CN¥19.31 Billion +25.50%
2005-12-31 CN¥15.39 Billion +19.20%
2004-12-31 CN¥12.91 Billion +33.75%
2003-12-31 CN¥9.65 Billion +60.73%
2002-12-31 CN¥6.00 Billion +10.67%
2001-12-31 CN¥5.42 Billion +5.81%
2000-12-31 CN¥5.13 Billion +246.93%
1999-12-31 CN¥1.48 Billion -8.77%
1998-12-31 CN¥1.62 Billion +3.97%
1997-12-31 CN¥1.56 Billion --

Equity Component Analysis

This analysis shows how different components contribute to China Minsheng Banking Corp 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 248123.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥277.63 Billion 43.19%
Common Stock CN¥43.78 Billion 6.81%
Other Components CN¥321.45 Billion 50.00%
Total Equity CN¥642.86 Billion 100.00%

China Minsheng Banking Corp Ltd Competitors by Market Cap

The table below lists competitors of China Minsheng Banking Corp Ltd ranked by their market capitalization.

Company Market Cap
CEMEX.CPO(2SHS A+1SHS B)
F:CEXB
 		$13.38 Billion
Thomson Reuters Corporation Common Shares
NASDAQ:TRI
 		$13.39 Billion
News Corp B
NASDAQ:NWS
 		$13.40 Billion
People's Insurance of China Ltd
SHG:601319
 		$13.41 Billion
Embraer S.A.
NYSE:EMBJ
 		$13.35 Billion
AXIA Energia
NYSE:AXIA
 		$13.34 Billion
Coal India Limited
NSE:COALINDIA
 		$13.32 Billion
Korea Shipbuilding & Offshore Engineering Co Ltd
KO:009540
 		$13.31 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Minsheng Banking Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 549,615,000,000 to 642,859,000,000, a change of 93,244,000,000 (17.0%).
  • Net income of 32,296,000,000 contributed positively to equity growth.
  • Dividend payments of 30,692,000,000 reduced retained earnings.
  • Share repurchases of 40,000,000,000 reduced equity.
  • Other comprehensive income decreased equity by 156,333,000,000.
  • Other factors increased equity by 287,973,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥32.30 Billion +5.02%
Dividends Paid CN¥30.69 Billion -4.77%
Share Repurchases CN¥40.00 Billion -6.22%
Other Comprehensive Income CN¥-156.33 Billion -24.32%
Other Changes CN¥287.97 Billion +44.8%
Total Change CN¥- 16.97%

Book Value vs Market Value Analysis

This analysis compares China Minsheng Banking Corp 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: 0.27x
  • 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 75.36x to 0.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.05 CN¥3.96 x
1998-12-31 CN¥0.05 CN¥3.96 x
1999-12-31 CN¥0.05 CN¥3.96 x
2000-12-31 CN¥0.17 CN¥3.96 x
2001-12-31 CN¥0.18 CN¥3.96 x
2002-12-31 CN¥0.20 CN¥3.96 x
2003-12-31 CN¥0.33 CN¥3.96 x
2004-12-31 CN¥0.44 CN¥3.96 x
2005-12-31 CN¥0.52 CN¥3.96 x
2006-12-31 CN¥0.71 CN¥3.96 x
2007-12-31 CN¥1.65 CN¥3.96 x
2008-12-31 CN¥1.66 CN¥3.96 x
2009-12-31 CN¥2.58 CN¥3.96 x
2010-12-31 CN¥2.71 CN¥3.96 x
2011-12-31 CN¥3.38 CN¥3.96 x
2012-12-31 CN¥4.04 CN¥3.96 x
2013-12-31 CN¥4.64 CN¥3.96 x
2014-12-31 CN¥5.57 CN¥3.96 x
2015-12-31 CN¥6.91 CN¥3.96 x
2016-12-31 CN¥7.82 CN¥3.96 x
2017-12-31 CN¥8.60 CN¥3.96 x
2018-12-31 CN¥9.52 CN¥3.96 x
2019-12-31 CN¥11.85 CN¥3.96 x
2020-12-31 CN¥12.09 CN¥3.96 x
2021-12-31 CN¥13.12 CN¥3.96 x
2022-12-31 CN¥13.70 CN¥3.96 x
2023-12-31 CN¥12.55 CN¥3.96 x
2024-12-31 CN¥14.68 CN¥3.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Minsheng Banking Corp 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): 5.02%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.19%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 12.16x
  • Recent ROE (5.02%) is below the historical average (13.28%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 10.91% 20.91% 0.04x 11.89x CN¥14.15 Million
1998 12.23% 17.30% 0.05x 15.65x CN¥36.14 Million
1999 13.55% 12.33% 0.04x 24.57x CN¥52.43 Million
2000 4.65% 8.80% 0.04x 13.60x CN¥-274.11 Million
2001 11.91% 12.62% 0.04x 25.60x CN¥103.88 Million
2002 14.52% 12.09% 0.03x 41.02x CN¥271.44 Million
2003 14.42% 11.55% 0.03x 37.42x CN¥426.23 Million
2004 15.79% 11.35% 0.04x 34.51x CN¥747.69 Million
2005 17.38% 20.84% 0.02x 36.24x CN¥1.13 Billion
2006 19.46% 13.12% 0.04x 37.55x CN¥1.83 Billion
2007 12.62% 14.80% 0.05x 18.31x CN¥1.32 Billion
2008 14.63% 12.94% 0.06x 19.57x CN¥2.50 Billion
2009 13.75% 19.13% 0.04x 16.20x CN¥3.30 Billion
2010 16.89% 32.10% 0.03x 17.52x CN¥7.17 Billion
2011 21.54% 20.71% 0.06x 17.20x CN¥14.96 Billion
2012 23.03% 21.12% 0.06x 19.70x CN¥21.26 Billion
2013 21.38% 19.66% 0.07x 16.32x CN¥22.51 Billion
2014 18.55% 18.38% 0.06x 16.72x CN¥20.53 Billion
2015 15.31% 17.50% 0.06x 15.01x CN¥15.99 Billion
2016 13.97% 18.10% 0.04x 17.21x CN¥13.58 Billion
2017 13.14% 17.26% 0.05x 15.57x CN¥11.92 Billion
2018 11.98% 15.95% 0.05x 14.27x CN¥8.32 Billion
2019 10.37% 16.15% 0.05x 12.88x CN¥1.93 Billion
2020 6.48% 10.20% 0.05x 13.13x CN¥-18.64 Billion
2021 5.99% 10.72% 0.05x 12.11x CN¥-23.05 Billion
2022 5.88% 11.84% 0.04x 12.09x CN¥-24.72 Billion
2023 6.52% 11.73% 0.04x 13.96x CN¥-19.14 Billion
2024 5.02% 11.19% 0.04x 12.16x CN¥-31.99 Billion

Industry Comparison

This section compares China Minsheng Banking Corp Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $51,527,285,508
  • Average return on equity (ROE) among peers: 13.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Minsheng Banking Corp Ltd (600016) CN¥595.55 Billion 10.91% 12.22x $13.37 Billion
Ping An Bank Co Ltd (000001) $1.66 Billion 21.47% 8.33x $11.97 Billion
Bank of Ningbo Co Ltd (002142) $18.71 Billion 17.39% 12.92x $12.47 Billion
Bank of Zhengzhou Co Ltd Class A (002936) $54.31 Billion 3.41% 10.61x $1.64 Billion
Qingdao Rural Commercial Bank Corp Class A (002958) $8.97 Billion 13.25% 10.32x $1.43 Billion
Bank of Suzhou (002966) $40.46 Billion 9.68% 11.96x $3.54 Billion
Shanghai Pudong Development Bank Co Ltd (600000) $8.35 Billion 15.39% 32.44x $19.86 Billion
Hua Xia Bank Co Ltd (600015) $3.60 Billion 19.59% 48.47x $4.16 Billion
Wuxi Rural Commercial Bank Co Ltd (600908) $14.02 Billion 9.36% 11.84x $1.15 Billion
Bank of Jiangsu Co Ltd (600919) $313.66 Billion 10.15% 11.60x $20.03 Billion