Caida Securities Co Ltd (600906) - Net Assets

Latest as of September 2025: CN¥12.28 Billion CNY ≈ $1.80 Billion USD

Based on the latest financial reports, Caida Securities Co Ltd (600906) has net assets worth CN¥12.28 Billion CNY (≈ $1.80 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥54.15 Billion ≈ $7.92 Billion USD) and total liabilities (CN¥41.86 Billion ≈ $6.13 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 asset resilience ratio of Caida Securities Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥12.28 Billion
% of Total Assets	22.68%
Annual Growth Rate	24.95%
5-Year Change	33.79%
10-Year Change	51.41%
Growth Volatility	65.48

Caida Securities Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Caida Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Caida Securities Co Ltd assets under control for the complete picture of this company's asset base.

Annual Net Assets for Caida Securities Co Ltd (2005–2024)

The table below shows the annual net assets of Caida Securities Co Ltd from 2005 to 2024. For live valuation and market cap data, see market cap of Caida Securities Co Ltd.

Year	Net Assets	Change
2024-12-31	CN¥11.95 Billion ≈ $1.75 Billion	+3.10%
2023-12-31	CN¥11.59 Billion ≈ $1.70 Billion	+3.98%
2022-12-31	CN¥11.14 Billion ≈ $1.63 Billion	-0.19%
2021-12-31	CN¥11.16 Billion ≈ $1.63 Billion	+25.04%
2020-12-31	CN¥8.93 Billion ≈ $1.31 Billion	+2.97%
2019-12-31	CN¥8.67 Billion ≈ $1.27 Billion	+2.45%
2018-12-31	CN¥8.46 Billion ≈ $1.24 Billion	-4.22%
2017-12-31	CN¥8.84 Billion ≈ $1.29 Billion	+3.35%
2016-12-31	CN¥8.55 Billion ≈ $1.25 Billion	+8.37%
2015-12-31	CN¥7.89 Billion ≈ $1.15 Billion	+11.76%
2014-12-31	CN¥7.06 Billion ≈ $1.03 Billion	+49.00%
2013-12-31	CN¥4.74 Billion ≈ $693.28 Million	+53.48%
2012-12-31	CN¥3.09 Billion ≈ $451.70 Million	+0.72%
2011-12-31	CN¥3.06 Billion ≈ $448.46 Million	+0.02%
2010-12-31	CN¥3.06 Billion ≈ $448.38 Million	+4.75%
2009-12-31	CN¥2.93 Billion ≈ $428.02 Million	+30.59%
2008-12-31	CN¥2.24 Billion ≈ $327.75 Million	+47.83%
2007-12-31	CN¥1.52 Billion ≈ $221.70 Million	+131.35%
2006-12-31	CN¥654.87 Million ≈ $95.83 Million	+277.83%
2005-12-31	CN¥173.33 Million ≈ $25.36 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Caida 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 135734060635.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.30 Billion	10.89%
Common Stock	CN¥3.25 Billion	27.18%
Other Components	CN¥7.40 Billion	61.94%
Total Equity	CN¥11.94 Billion	100.00%

Caida Securities Co Ltd Competitors by Market Cap

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

Company	Market Cap
Hunan Changyuan Lico Co Ltd SHG:688779	$3.05 Billion
Structure Therapeutics Inc. American Depositary Shares NASDAQ:GPCR	$3.05 Billion
United States Lime & Minerals Inc NASDAQ:USLM	$3.05 Billion
Aalberts Industries NV AS:AALB	$3.05 Billion
Standex International Corporation NYSE:SXI	$3.05 Billion
Simmons First National Corporation NASDAQ:SFNC	$3.05 Billion
Amber Enterprises India Limited NSE:AMBER	$3.05 Billion
Suzhou Hengmingda Electronic Technology Co Ltd SHE:002947	$3.05 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 11,581,819,304 to 11,940,916,705, a change of 359,097,401 (3.1%).
Net income of 686,540,700 contributed positively to equity growth.
Dividend payments of 618,580,000 reduced retained earnings.
Other factors increased equity by 291,136,701.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥686.54 Million	+5.75%
Dividends Paid	CN¥618.58 Million	-5.18%
Other Changes	CN¥291.14 Million	+2.44%
Total Change	CN¥-	3.10%

Book Value vs Market Value Analysis

This analysis compares Caida 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: 1.76x
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 101.32x to 1.76x 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¥0.06	CN¥6.42	x
2006-12-31	CN¥0.24	CN¥6.42	x
2007-12-31	CN¥0.55	CN¥6.42	x
2008-12-31	CN¥0.82	CN¥6.42	x
2009-12-31	CN¥1.07	CN¥6.42	x
2010-12-31	CN¥1.11	CN¥6.42	x
2011-12-31	CN¥1.12	CN¥6.42	x
2012-12-31	CN¥1.13	CN¥6.42	x
2013-12-31	CN¥1.73	CN¥6.42	x
2014-12-31	CN¥2.58	CN¥6.42	x
2015-12-31	CN¥2.88	CN¥6.42	x
2016-12-31	CN¥3.12	CN¥6.42	x
2017-12-31	CN¥3.27	CN¥6.42	x
2018-12-31	CN¥3.45	CN¥6.42	x
2019-12-31	CN¥2.67	CN¥6.42	x
2020-12-31	CN¥2.75	CN¥6.42	x
2021-12-31	CN¥3.44	CN¥6.42	x
2022-12-31	CN¥3.43	CN¥6.42	x
2023-12-31	CN¥3.63	CN¥6.42	x
2024-12-31	CN¥3.65	CN¥6.42	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Caida 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): 5.75%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.78%
• Asset Turnover: 0.06x
• Equity Multiplier: 4.38x
Recent ROE (5.75%) is below the historical average (12.03%), 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	-10.83%	-28.29%	0.09x	4.16x	CN¥-36.10 Million
2006	5.62%	26.13%	0.06x	3.33x	CN¥-28.66 Million
2007	56.78%	48.86%	0.13x	8.90x	CN¥708.69 Million
2008	25.38%	46.08%	0.12x	4.41x	CN¥344.39 Million
2009	37.03%	51.63%	0.12x	5.78x	CN¥790.59 Million
2010	23.52%	44.25%	0.11x	5.05x	CN¥409.90 Million
2011	11.08%	31.37%	0.10x	3.51x	CN¥33.13 Million
2012	4.40%	15.80%	0.08x	3.65x	CN¥-172.65 Million
2013	4.89%	21.82%	0.09x	2.37x	CN¥-241.90 Million
2014	11.79%	41.21%	0.09x	3.27x	CN¥126.42 Million
2015	25.93%	52.41%	0.11x	4.53x	CN¥1.26 Billion
2016	7.77%	36.17%	0.06x	3.85x	CN¥-190.83 Million
2017	3.50%	20.87%	0.05x	3.13x	CN¥-574.15 Million
2018	0.87%	3.71%	0.06x	3.92x	CN¥-772.29 Million
2019	7.03%	25.30%	0.07x	3.95x	CN¥-257.50 Million
2020	5.96%	19.16%	0.07x	4.39x	CN¥-360.49 Million
2021	6.10%	21.14%	0.07x	4.06x	CN¥-435.47 Million
2022	2.72%	13.09%	0.05x	3.94x	CN¥-811.06 Million
2023	5.23%	20.42%	0.06x	4.03x	CN¥-552.35 Million
2024	5.75%	22.78%	0.06x	4.38x	CN¥-507.55 Million

Industry Comparison

This section compares Caida 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: $16,765,796,924
Average return on equity (ROE) among peers: 4.17%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Caida Securities Co Ltd (600906)	CN¥12.28 Billion	-10.83%	3.41x	$3.05 Billion
Shenwan Hongyuan Group Co Ltd (000166)	$128.79 Billion	3.58%	3.93x	$15.63 Billion
Northeast Securities Co Ltd (000686)	$368.07 Million	10.49%	0.34x	$2.97 Billion
Guangdong Golden Dragon Development Inc (000712)	$5.53 Billion	3.51%	5.03x	$1.37 Billion
Guoyuan Securities Co Ltd (000728)	$915.13 Million	-18.27%	0.81x	$4.69 Billion
Sealand Securities Co Ltd (000750)	$712.94 Million	0.75%	0.42x	$3.65 Billion
GF Securities Co Ltd (000776)	$54.75 Million	20.33%	0.71x	$18.34 Billion
Changjiang Securities Co Ltd (000783)	$-660.08 Million	0.00%	0.00x	$6.47 Billion
Shanxi Securities Co Ltd (002500)	$6.38 Billion	2.22%	1.01x	$2.97 Billion
Western Securities Co Ltd (002673)	$3.12 Billion	17.19%	2.98x	$4.70 Billion
Huaxi Securities Co Ltd Class A (002926)	$22.44 Billion	1.88%	3.36x	$3.35 Billion

About Caida Securities Co Ltd

SHG:600906 China Capital Markets

Market Cap

$3.05 Billion

CN¥20.83 Billion CNY

Market Cap Rank

#4874 Global

#917 in China

Share Price

CN¥6.42

Change (1 day)

+5.77%

52-Week Range

CN¥6.03 - CN¥7.95

All Time High

CN¥18.05