Bank of Hangzhou Co Ltd

SHG:600926 China Banks - Regional
Market Cap
$16.95 Billion
CN¥124.39 Billion CNY
Market Cap Rank
#1793 Global
#95 in China
Share Price
CN¥17.16
Change (1 day)
+0.94%
52-Week Range
CN¥13.90 - CN¥17.76
All Time High
CN¥17.76
Categories
Companies in China Banks - Regional Banking & Financial
About

Bank of Hangzhou Co., Ltd. provides various banking products and services for individuals, corporate, and small and micro businesses in China. The company offers current and savings accounts, deposits, loans, settlements, trade-related products, and other services. It also provides debit cards, consumer credit and mortgage loans, and personal asset management services. In addition, the company's … Read more

Bank of Hangzhou Co Ltd (600926) - Net Assets

Latest net assets as of September 2025: CN¥142.95 Billion CNY

Based on the latest financial reports, Bank of Hangzhou Co Ltd (600926) has net assets worth CN¥142.95 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¥2.30 Trillion) and total liabilities (CN¥2.15 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¥142.95 Billion
% of Total Assets 6.23%
Annual Growth Rate 26.77%
5-Year Change 68.25%
10-Year Change 326.56%
Growth Volatility 27.17

Bank of Hangzhou Co Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Bank of Hangzhou 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 Bank of Hangzhou Co Ltd (2002–2024)

The table below shows the annual net assets of Bank of Hangzhou Co Ltd from 2002 to 2024.

Year Net Assets Change
2024-12-31 CN¥136.05 Billion +22.24%
2023-12-31 CN¥111.29 Billion +12.90%
2022-12-31 CN¥98.57 Billion +9.44%
2021-12-31 CN¥90.07 Billion +11.39%
2020-12-31 CN¥80.86 Billion +29.29%
2019-12-31 CN¥62.54 Billion +9.41%
2018-12-31 CN¥57.16 Billion +10.29%
2017-12-31 CN¥51.83 Billion +34.41%
2016-12-31 CN¥38.56 Billion +20.90%
2015-12-31 CN¥31.89 Billion +21.91%
2014-12-31 CN¥26.16 Billion +26.92%
2013-12-31 CN¥20.61 Billion +17.70%
2012-12-31 CN¥17.51 Billion +21.38%
2011-12-31 CN¥14.43 Billion +20.86%
2010-12-31 CN¥11.94 Billion +15.20%
2009-12-31 CN¥10.36 Billion +115.47%
2008-12-31 CN¥4.81 Billion +25.27%
2007-12-31 CN¥3.84 Billion +19.92%
2006-12-31 CN¥3.20 Billion +28.56%
2005-12-31 CN¥2.49 Billion +64.39%
2004-12-31 CN¥1.51 Billion +4.87%
2003-12-31 CN¥1.44 Billion +96.11%
2002-12-31 CN¥736.58 Million --

Equity Component Analysis

This analysis shows how different components contribute to Bank of Hangzhou 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 25918.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥44.27 Billion 32.54%
Common Stock CN¥6.05 Billion 4.45%
Other Components CN¥85.73 Billion 63.01%
Total Equity CN¥136.05 Billion 100.00%

Bank of Hangzhou Co Ltd Competitors by Market Cap

The table below lists competitors of Bank of Hangzhou Co Ltd ranked by their market capitalization.

Company Market Cap
Toro Co
NYSE:TTC
 		$9.11 Billion
Focus Media Information Technology Co Ltd
SHE:002027
 		$9.11 Billion
Continental Aktiengesellschaft
PINK:CTTAF
 		$9.13 Billion
Chaozhou Three-circle Group Co Ltd
SHE:300408
 		$9.13 Billion
SKF AB Series A
LSE:0NWW
 		$9.06 Billion
CP ALL Public Company Limited
PINK:CVPBF
 		$9.06 Billion
Texas Pacific Land Corporation
F:9WY
 		$9.06 Billion
On Holding Ltd
NYSE:ONON
 		$9.06 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 102,849,299,000 to 136,047,999,000, a change of 33,198,700,000 (32.3%).
  • Net income of 16,982,563,000 contributed positively to equity growth.
  • Dividend payments of 13,071,816,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 33,446,800,000.
  • Other factors increased equity by 62,734,753,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥16.98 Billion +12.48%
Dividends Paid CN¥13.07 Billion -9.61%
Other Comprehensive Income CN¥-33.45 Billion -24.58%
Other Changes CN¥62.73 Billion +46.11%
Total Change CN¥- 32.28%

Book Value vs Market Value Analysis

This analysis compares Bank of Hangzhou 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: 0.92x
  • 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 48.61x to 0.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 CN¥0.35 CN¥17.16 x
2003-12-31 CN¥0.69 CN¥17.16 x
2004-12-31 CN¥0.73 CN¥17.16 x
2005-12-31 CN¥1.19 CN¥17.16 x
2006-12-31 CN¥1.29 CN¥17.16 x
2007-12-31 CN¥1.48 CN¥17.16 x
2008-12-31 CN¥1.86 CN¥17.16 x
2009-12-31 CN¥3.87 CN¥17.16 x
2010-12-31 CN¥3.63 CN¥17.16 x
2011-12-31 CN¥4.39 CN¥17.16 x
2012-12-31 CN¥5.34 CN¥17.16 x
2013-12-31 CN¥5.23 CN¥17.16 x
2014-12-31 CN¥6.64 CN¥17.16 x
2015-12-31 CN¥7.19 CN¥17.16 x
2016-12-31 CN¥8.22 CN¥17.16 x
2017-12-31 CN¥10.14 CN¥17.16 x
2018-12-31 CN¥10.03 CN¥17.16 x
2019-12-31 CN¥12.19 CN¥17.16 x
2020-12-31 CN¥14.28 CN¥17.16 x
2021-12-31 CN¥13.25 CN¥17.16 x
2022-12-31 CN¥13.85 CN¥17.16 x
2023-12-31 CN¥14.37 CN¥17.16 x
2024-12-31 CN¥18.75 CN¥17.16 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bank of Hangzhou 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): 12.48%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 22.24%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 15.53x
  • Recent ROE (12.48%) is below the historical average (15.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 19.92% 21.00% 0.02x 43.64x CN¥73.10 Million
2003 13.03% 14.84% 0.03x 27.52x CN¥43.73 Million
2004 28.72% 20.88% 0.05x 25.19x CN¥283.54 Million
2005 18.13% 23.21% 0.04x 18.62x CN¥202.55 Million
2006 18.60% 22.50% 0.05x 17.79x CN¥275.25 Million
2007 22.08% 23.63% 0.05x 18.04x CN¥463.73 Million
2008 26.56% 24.90% 0.05x 20.71x CN¥796.49 Million
2009 13.18% 24.11% 0.04x 14.47x CN¥329.22 Million
2010 16.01% 24.92% 0.04x 18.21x CN¥717.30 Million
2011 18.72% 20.69% 0.05x 16.96x CN¥1.25 Billion
2012 20.35% 21.13% 0.05x 18.62x CN¥1.81 Billion
2013 18.44% 21.39% 0.05x 16.56x CN¥1.73 Billion
2014 13.44% 15.89% 0.05x 16.04x CN¥896.93 Million
2015 11.64% 13.98% 0.05x 17.13x CN¥520.95 Million
2016 10.43% 15.11% 0.04x 18.68x CN¥164.76 Million
2017 8.78% 13.75% 0.04x 16.08x CN¥-632.73 Million
2018 9.47% 13.68% 0.04x 16.11x CN¥-304.38 Million
2019 10.56% 14.81% 0.04x 16.37x CN¥347.66 Million
2020 8.83% 14.84% 0.04x 14.46x CN¥-949.81 Million
2021 10.28% 16.29% 0.04x 15.44x CN¥253.96 Million
2022 11.85% 18.04% 0.04x 16.40x CN¥1.82 Billion
2023 13.98% 20.11% 0.04x 17.90x CN¥4.10 Billion
2024 12.48% 22.24% 0.04x 15.53x CN¥3.38 Billion

Industry Comparison

This section compares Bank of Hangzhou Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $81,577,256,958
  • Average return on equity (ROE) among peers: 13.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bank of Hangzhou Co Ltd (600926) CN¥142.95 Billion 19.92% 15.06x $9.10 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
China Minsheng Banking Corp Ltd (600016) $352.03 Billion 13.59% 15.75x $13.37 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