CITIC Securities Co Ltd

SHG:600030 China Capital Markets
Market Cap
$43.08 Billion
CN¥316.11 Billion CNY
Market Cap Rank
#561 Global
#12 in China
Share Price
CN¥25.91
Change (1 day)
+1.61%
52-Week Range
CN¥24.02 - CN¥32.20
All Time High
CN¥34.88
Categories
Companies in China Capital Markets
About

CITIC Securities Company Limited provides various financial products and services in Mainland China and internationally. The company offers investment banking services, including equity and debt financing, as well as fundraising and financial advisory services to enterprises and other institutional clients. It is involved in the broking of securities and futures; distribution of financial product… Read more

CITIC Securities Co Ltd (600030) - Net Assets

Latest net assets as of September 2025: CN¥286.03 Billion CNY

Based on the latest financial reports, CITIC Securities Co Ltd (600030) has net assets worth CN¥286.03 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¥2.03 Trillion) and total liabilities (CN¥1.74 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¥286.03 Billion
% of Total Assets 14.12%
Annual Growth Rate 13.84%
5-Year Change 60.73%
10-Year Change 110.79%
Growth Volatility 92.37

CITIC Securities Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how CITIC Securities Co 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 CITIC Securities Co Ltd (1999–2024)

The table below shows the annual net assets of CITIC Securities Co Ltd from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥298.77 Billion +8.96%
2023-12-31 CN¥274.20 Billion +6.13%
2022-12-31 CN¥258.37 Billion +20.84%
2021-12-31 CN¥213.81 Billion +15.02%
2020-12-31 CN¥185.88 Billion +12.35%
2019-12-31 CN¥165.45 Billion +5.50%
2018-12-31 CN¥156.83 Billion +2.41%
2017-12-31 CN¥153.14 Billion +5.04%
2016-12-31 CN¥145.79 Billion +2.86%
2015-12-31 CN¥141.74 Billion +40.15%
2014-12-31 CN¥101.13 Billion +13.12%
2013-12-31 CN¥89.40 Billion +3.14%
2012-12-31 CN¥86.68 Billion -0.35%
2011-12-31 CN¥86.99 Billion +22.78%
2010-12-31 CN¥70.85 Billion +9.31%
2009-12-31 CN¥64.81 Billion +12.67%
2008-12-31 CN¥57.53 Billion +6.48%
2007-12-31 CN¥54.02 Billion +295.74%
2006-12-31 CN¥13.65 Billion +99.50%
2005-12-31 CN¥6.84 Billion +23.09%
2004-12-31 CN¥5.56 Billion +1.42%
2003-12-31 CN¥5.48 Billion +7.14%
2002-12-31 CN¥5.12 Billion -72.37%
2001-12-31 CN¥18.51 Billion +360.81%
2000-12-31 CN¥4.02 Billion -65.64%
1999-12-31 CN¥11.69 Billion --

Equity Component Analysis

This analysis shows how different components contribute to CITIC 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 31117.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥99.53 Billion 33.96%
Common Stock CN¥14.82 Billion 5.06%
Other Components CN¥178.76 Billion 60.99%
Total Equity CN¥293.11 Billion 100.00%

CITIC Securities Co Ltd Competitors by Market Cap

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

Company Market Cap
MetLife Inc
NYSE:MET
 		$37.89 Billion
UH3
F:UH3
 		$38.25 Billion
Westinghouse Air Brake Technologies Corp
NYSE:WAB
 		$38.37 Billion
Crown Castle International Corp.
LSE:0I4W
 		$38.55 Billion
Kongsberg Gruppen ASA
PINK:NSKFF
 		$37.87 Billion
Delta Air Lines Inc
NYSE:DAL
 		$37.84 Billion
Alcon AG
NYSE:ALC
 		$37.82 Billion
Deutsche Post AG
PINK:DPSTF
 		$37.72 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 268,839,608,470 to 293,108,726,000, a change of 24,269,117,530 (9.0%).
  • Net income of 21,703,696,593 contributed positively to equity growth.
  • Dividend payments of 17,970,428,000 reduced retained earnings.
  • Other factors increased equity by 20,535,848,937.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥21.70 Billion +7.4%
Dividends Paid CN¥17.97 Billion -6.13%
Other Changes CN¥20.54 Billion +7.01%
Total Change CN¥- 9.03%

Book Value vs Market Value Analysis

This analysis compares CITIC 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: 1.31x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 75.22x to 1.31x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CN¥0.34 CN¥25.91 x
2000-12-31 CN¥0.43 CN¥25.91 x
2001-12-31 CN¥0.36 CN¥25.91 x
2002-12-31 CN¥0.55 CN¥25.91 x
2003-12-31 CN¥0.59 CN¥25.91 x
2004-12-31 CN¥0.58 CN¥25.91 x
2005-12-31 CN¥0.61 CN¥25.91 x
2006-12-31 CN¥1.41 CN¥25.91 x
2007-12-31 CN¥5.24 CN¥25.91 x
2008-12-31 CN¥5.23 CN¥25.91 x
2009-12-31 CN¥5.82 CN¥25.91 x
2010-12-31 CN¥6.69 CN¥25.91 x
2011-12-31 CN¥7.98 CN¥25.91 x
2012-12-31 CN¥7.31 CN¥25.91 x
2013-12-31 CN¥7.57 CN¥25.91 x
2014-12-31 CN¥8.49 CN¥25.91 x
2015-12-31 CN¥11.33 CN¥25.91 x
2016-12-31 CN¥11.16 CN¥25.91 x
2017-12-31 CN¥11.61 CN¥25.91 x
2018-12-31 CN¥11.84 CN¥25.91 x
2019-12-31 CN¥12.58 CN¥25.91 x
2020-12-31 CN¥13.32 CN¥25.91 x
2021-12-31 CN¥15.26 CN¥25.91 x
2022-12-31 CN¥17.08 CN¥25.91 x
2023-12-31 CN¥18.14 CN¥25.91 x
2024-12-31 CN¥19.78 CN¥25.91 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CITIC 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): 7.40%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 26.30%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 5.84x
  • Recent ROE (7.40%) is below the historical average (11.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 12.15% 37.66% 0.09x 3.70x CN¥68.75 Million
2000 28.11% 49.58% 0.10x 5.87x CN¥727.75 Million
2001 18.93% 33.12% 0.10x 5.61x CN¥297.02 Million
2002 2.15% 12.78% 0.05x 3.64x CN¥-401.50 Million
2003 6.67% 38.71% 0.08x 2.15x CN¥-182.63 Million
2004 3.08% 15.11% 0.08x 2.46x CN¥-371.71 Million
2005 7.09% 43.56% 0.05x 3.60x CN¥-164.59 Million
2006 19.78% 40.85% 0.09x 5.17x CN¥1.20 Billion
2007 24.01% 40.15% 0.16x 3.68x CN¥7.23 Billion
2008 13.23% 41.25% 0.13x 2.48x CN¥1.78 Billion
2009 14.58% 39.89% 0.11x 3.36x CN¥2.82 Billion
2010 16.06% 39.75% 0.19x 2.17x CN¥4.27 Billion
2011 14.52% 49.76% 0.17x 1.71x CN¥3.92 Billion
2012 4.90% 34.71% 0.07x 1.95x CN¥-4.41 Billion
2013 5.98% 32.97% 0.06x 3.09x CN¥-3.52 Billion
2014 11.44% 39.68% 0.06x 4.84x CN¥1.43 Billion
2015 14.23% 35.76% 0.09x 4.43x CN¥5.89 Billion
2016 7.26% 27.53% 0.06x 4.19x CN¥-3.90 Billion
2017 7.63% 21.54% 0.08x 4.18x CN¥-3.55 Billion
2018 6.13% 19.68% 0.07x 4.26x CN¥-5.92 Billion
2019 7.57% 22.84% 0.07x 4.90x CN¥-3.93 Billion
2020 8.20% 22.33% 0.06x 5.79x CN¥-3.27 Billion
2021 11.04% 25.43% 0.07x 6.11x CN¥2.18 Billion
2022 8.42% 26.76% 0.06x 5.17x CN¥-3.99 Billion
2023 7.34% 25.61% 0.05x 5.41x CN¥-7.16 Billion
2024 7.40% 26.30% 0.05x 5.84x CN¥-7.61 Billion

Industry Comparison

This section compares CITIC 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: $20,268,438,570
  • Average return on equity (ROE) among peers: 7.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CITIC Securities Co Ltd (600030) CN¥286.03 Billion 12.15% 6.08x $37.87 Billion
Shenwan Hongyuan Group Co Ltd (000166) $16.07 Billion 18.21% 3.12x $10.62 Billion
Northeast Securities Co Ltd (000686) $78.26 Million 20.27% 1.28x $1.48 Billion
Guangdong Golden Dragon Development Inc (000712) $892.70 Million 2.45% 0.50x $913.07 Million
Sealand Securities Co Ltd (000750) $7.16 Billion 9.64% 2.69x $2.84 Billion
GF Securities Co Ltd (000776) $94.14 Billion 8.01% 3.19x $10.71 Billion
Changjiang Securities Co Ltd (000783) $26.77 Billion 5.77% 3.23x $3.30 Billion
Holly Futures Co. Ltd. A (001236) $1.68 Billion 4.77% 3.81x $591.25 Million
Shanxi Securities Co Ltd (002500) $6.30 Billion 3.07% 1.08x $1.47 Billion
Western Securities Co Ltd (002673) $27.16 Billion 1.59% 2.52x $2.22 Billion
Huaxi Securities Co Ltd Class A (002926) $22.44 Billion 1.88% 3.36x $1.41 Billion