Huaan Securities Co Ltd (600909) - Net Assets
Based on the latest financial reports, Huaan Securities Co Ltd (600909) has net assets worth CN¥23.75 Billion CNY (≈ $3.48 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¥106.65 Billion ≈ $15.61 Billion USD) and total liabilities (CN¥82.90 Billion ≈ $12.13 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. Explore 600909 cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥23.75 Billion |
| % of Total Assets | 22.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | 51.33% |
| 10-Year Change | 232.06% |
| Growth Volatility | 68.77 |
Huaan Securities Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Huaan Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 600909 market cap overview.
Annual Net Assets for Huaan Securities Co Ltd (2005–2024)
The table below shows the annual net assets of Huaan Securities Co Ltd from 2005 to 2024. Read Huaan Securities Co Ltd (600909) financial obligations for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.52 Billion ≈ $3.30 Billion |
+6.49% |
| 2023-12-31 | CN¥21.15 Billion ≈ $3.09 Billion |
+4.64% |
| 2022-12-31 | CN¥20.21 Billion ≈ $2.96 Billion |
+2.89% |
| 2021-12-31 | CN¥19.64 Billion ≈ $2.87 Billion |
+31.99% |
| 2020-12-31 | CN¥14.88 Billion ≈ $2.18 Billion |
+9.13% |
| 2019-12-31 | CN¥13.64 Billion ≈ $2.00 Billion |
+6.30% |
| 2018-12-31 | CN¥12.83 Billion ≈ $1.88 Billion |
+2.04% |
| 2017-12-31 | CN¥12.57 Billion ≈ $1.84 Billion |
+4.18% |
| 2016-12-31 | CN¥12.07 Billion ≈ $1.77 Billion |
+77.95% |
| 2015-12-31 | CN¥6.78 Billion ≈ $992.47 Million |
+35.67% |
| 2014-12-31 | CN¥5.00 Billion ≈ $731.56 Million |
+14.93% |
| 2013-12-31 | CN¥4.35 Billion ≈ $636.52 Million |
-55.80% |
| 2012-12-31 | CN¥9.84 Billion ≈ $1.44 Billion |
-7.52% |
| 2011-12-31 | CN¥10.64 Billion ≈ $1.56 Billion |
+1.13% |
| 2010-12-31 | CN¥10.52 Billion ≈ $1.54 Billion |
-16.99% |
| 2009-12-31 | CN¥12.68 Billion ≈ $1.85 Billion |
+97.68% |
| 2008-12-31 | CN¥6.41 Billion ≈ $938.32 Million |
+217.80% |
| 2007-12-31 | CN¥2.02 Billion ≈ $295.26 Million |
+194.12% |
| 2006-12-31 | CN¥686.02 Million ≈ $100.39 Million |
+575.98% |
| 2005-12-31 | CN¥-144.13 Million ≈ $-21.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Huaan 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 684955798804.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.96 Billion | 22.08% |
| Common Stock | CN¥4.70 Billion | 20.92% |
| Other Components | CN¥12.79 Billion | 56.99% |
| Total Equity | CN¥22.45 Billion | 100.00% |
Huaan Securities Co Ltd Competitors by Market Cap
The table below lists competitors of Huaan Securities Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cousins Properties Incorporated
NYSE:CUZ
|
$3.83 Billion |
|
Wonik Ips Co. Ltd
KQ:240810
|
$3.83 Billion |
|
Capital Financial Indonesia Tbk PT
JK:CASA
|
$3.83 Billion |
|
Graham Holdings Co
NYSE:GHC
|
$3.83 Billion |
|
Aris Mining Corporation
TO:ARIS
|
$3.83 Billion |
|
H&R Block Inc
NYSE:HRB
|
$3.83 Billion |
|
Cosco Shipping Development Co Ltd
SHG:601866
|
$3.82 Billion |
|
Ninestar Corp
SHE:002180
|
$3.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huaan Securities Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,081,137,500 to 22,450,962,000, a change of 1,369,824,500 (6.5%).
- Net income of 1,485,532,899 contributed positively to equity growth.
- Dividend payments of 1,091,717,209 reduced retained earnings.
- Other factors increased equity by 976,008,810.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.49 Billion | +6.62% |
| Dividends Paid | CN¥1.09 Billion | -4.86% |
| Other Changes | CN¥976.01 Million | +4.35% |
| Total Change | CN¥- | 6.50% |
Book Value vs Market Value Analysis
This analysis compares Huaan 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥-0.06 | CN¥5.59 | x |
| 2006-12-31 | CN¥0.35 | CN¥5.59 | x |
| 2007-12-31 | CN¥0.84 | CN¥5.59 | x |
| 2008-12-31 | CN¥0.91 | CN¥5.59 | x |
| 2009-12-31 | CN¥1.33 | CN¥5.59 | x |
| 2010-12-31 | CN¥1.34 | CN¥5.59 | x |
| 2011-12-31 | CN¥1.11 | CN¥5.59 | x |
| 2012-12-31 | CN¥1.56 | CN¥5.59 | x |
| 2013-12-31 | CN¥1.46 | CN¥5.59 | x |
| 2014-12-31 | CN¥1.58 | CN¥5.59 | x |
| 2015-12-31 | CN¥2.15 | CN¥5.59 | x |
| 2016-12-31 | CN¥3.74 | CN¥5.59 | x |
| 2017-12-31 | CN¥3.08 | CN¥5.59 | x |
| 2018-12-31 | CN¥3.07 | CN¥5.59 | x |
| 2019-12-31 | CN¥3.32 | CN¥5.59 | x |
| 2020-12-31 | CN¥3.53 | CN¥5.59 | x |
| 2021-12-31 | CN¥4.24 | CN¥5.59 | x |
| 2022-12-31 | CN¥4.09 | CN¥5.59 | x |
| 2023-12-31 | CN¥4.30 | CN¥5.59 | x |
| 2024-12-31 | CN¥4.53 | CN¥5.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huaan 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): 6.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.51%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 4.59x
- Recent ROE (6.62%) is below the historical average (11.57%), 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 | 0.00% | 0.00% | -0.24x | 0.00x | CN¥-709.27 Million |
| 2006 | 30.68% | 42.73% | 0.13x | 5.59x | CN¥141.86 Million |
| 2007 | 40.02% | 45.07% | 0.20x | 4.35x | CN¥605.76 Million |
| 2008 | 11.90% | 40.63% | 0.10x | 2.83x | CN¥43.07 Million |
| 2009 | 23.17% | 51.03% | 0.12x | 3.64x | CN¥458.91 Million |
| 2010 | 15.51% | 43.01% | 0.12x | 2.96x | CN¥195.65 Million |
| 2011 | 2.45% | 11.56% | 0.07x | 3.17x | CN¥-255.61 Million |
| 2012 | 4.07% | 20.20% | 0.08x | 2.41x | CN¥-243.95 Million |
| 2013 | 4.33% | 19.77% | 0.08x | 2.64x | CN¥-245.06 Million |
| 2014 | 13.80% | 40.61% | 0.07x | 4.62x | CN¥188.90 Million |
| 2015 | 27.82% | 49.44% | 0.10x | 5.67x | CN¥1.19 Billion |
| 2016 | 5.08% | 35.47% | 0.05x | 2.92x | CN¥-582.29 Million |
| 2017 | 5.30% | 27.11% | 0.06x | 3.25x | CN¥-576.57 Million |
| 2018 | 4.42% | 22.23% | 0.06x | 3.55x | CN¥-698.72 Million |
| 2019 | 8.35% | 28.37% | 0.08x | 3.84x | CN¥-218.46 Million |
| 2020 | 8.72% | 29.59% | 0.07x | 4.03x | CN¥-186.58 Million |
| 2021 | 7.31% | 32.05% | 0.06x | 3.78x | CN¥-523.81 Million |
| 2022 | 5.88% | 28.75% | 0.06x | 3.67x | CN¥-830.19 Million |
| 2023 | 6.05% | 27.59% | 0.06x | 3.77x | CN¥-833.68 Million |
| 2024 | 6.62% | 26.51% | 0.05x | 4.59x | CN¥-759.56 Million |
Industry Comparison
This section compares Huaan 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: $8,867,518,509
- Average return on equity (ROE) among peers: 16.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huaan Securities Co Ltd (600909) | CN¥23.75 Billion | 0.00% | 3.49x | $3.83 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $57.01 Billion | 8.07% | 4.26x | $15.27 Billion |
| Northeast Securities Co Ltd (000686) | $3.06 Billion | 29.82% | 5.14x | $2.85 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $158.46 Million | 15.34% | 1.13x | $1.34 Billion |
| Guoyuan Securities Co Ltd (000728) | $966.19 Million | 4.83% | 0.52x | $4.67 Billion |
| Sealand Securities Co Ltd (000750) | $419.36 Million | 2.93% | 0.63x | $3.56 Billion |
| GF Securities Co Ltd (000776) | $265.44 Million | 4.27% | 0.45x | $17.16 Billion |
| Changjiang Securities Co Ltd (000783) | $5.90 Billion | 40.04% | 3.27x | $5.78 Billion |
| Shanxi Securities Co Ltd (002500) | $2.43 Billion | 11.40% | 2.25x | $2.90 Billion |
| Western Securities Co Ltd (002673) | $17.66 Billion | 4.26% | 1.90x | $4.63 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $811.16 Million | 42.63% | 4.85x | $3.26 Billion |
About Huaan Securities Co Ltd
Huaan Securities Co., Ltd. provides investment and financing solutions in China. It offers securities brokerage and investment consulting services; financial consulting related services to securities trading and investment; securities underwriting and sponsorship services; securities proprietary trading services; margin trading services; agency sales services for financial products and securities… Read more