Bank of Xi'An Co Ltd

SHG:600928 China Banks - Regional
Market Cap
$2.27 Billion
CN¥16.67 Billion CNY
Market Cap Rank
#8428 Global
#1606 in China
Share Price
CN¥3.75
Change (1 day)
-0.79%
52-Week Range
CN¥3.25 - CN¥4.45
All Time High
CN¥10.50
About

Bank of Xi'an Co.,Ltd., together with its subsidiaries, provides banking products and services in China. It operates through Corporate Banking, Personal Banking Business, Treasury Operations, and Other segments. The Corporate Finance segment provides corporate deposit, loans and advances, trade financing, bond underwriting services, agency, settlement and clearing, commitments and guarantee servi… Read more

Bank of Xi'An Co Ltd (600928) - Net Assets

Latest net assets as of September 2025: CN¥34.57 Billion CNY

Based on the latest financial reports, Bank of Xi'An Co Ltd (600928) has net assets worth CN¥34.57 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¥551.13 Billion) and total liabilities (CN¥516.57 Billion). 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¥34.57 Billion
% of Total Assets 6.27%
Annual Growth Rate 18.09%
5-Year Change 30.63%
10-Year Change 132.14%
Growth Volatility 28.9

Bank of Xi'An Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Bank of Xi'An 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 Xi'An Co Ltd (2005–2024)

The table below shows the annual net assets of Bank of Xi'An Co Ltd from 2005 to 2024.

Year Net Assets Change
2024-12-31 CN¥33.47 Billion +8.23%
2023-12-31 CN¥30.93 Billion +5.74%
2022-12-31 CN¥29.25 Billion +5.96%
2021-12-31 CN¥27.60 Billion +7.73%
2020-12-31 CN¥25.62 Billion +8.26%
2019-12-31 CN¥23.67 Billion +18.37%
2018-12-31 CN¥19.99 Billion +12.86%
2017-12-31 CN¥17.72 Billion +10.91%
2016-12-31 CN¥15.97 Billion +10.77%
2015-12-31 CN¥14.42 Billion +46.74%
2014-12-31 CN¥9.83 Billion +18.52%
2013-12-31 CN¥8.29 Billion +22.39%
2012-12-31 CN¥6.77 Billion +29.14%
2011-12-31 CN¥5.25 Billion +17.54%
2010-12-31 CN¥4.46 Billion +15.40%
2009-12-31 CN¥3.87 Billion +111.24%
2008-12-31 CN¥1.83 Billion +57.57%
2007-12-31 CN¥1.16 Billion -42.00%
2006-12-31 CN¥2.00 Billion +40.90%
2005-12-31 CN¥1.42 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Bank of Xi'An 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 14449.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥16.66 Billion 49.88%
Common Stock CN¥4.44 Billion 13.31%
Other Components CN¥12.30 Billion 36.81%
Total Equity CN¥33.40 Billion 100.00%

Bank of Xi'An Co Ltd Competitors by Market Cap

The table below lists competitors of Bank of Xi'An Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 30,860,645,000 to 33,404,157,000, a change of 2,543,512,000 (8.2%).
  • Net income of 2,558,554,000 contributed positively to equity growth.
  • Dividend payments of 376,992,000 reduced retained earnings.
  • Other factors increased equity by 361,950,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.56 Billion +7.66%
Dividends Paid CN¥376.99 Million -1.13%
Other Changes CN¥361.95 Million +1.08%
Total Change CN¥- 8.24%

Book Value vs Market Value Analysis

This analysis compares Bank of Xi'An 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: 0.50x
  • 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 5.60x to 0.50x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.67 CN¥3.75 x
2007-12-31 CN¥0.39 CN¥3.75 x
2008-12-31 CN¥0.61 CN¥3.75 x
2009-12-31 CN¥1.29 CN¥3.75 x
2010-12-31 CN¥1.51 CN¥3.75 x
2011-12-31 CN¥1.75 CN¥3.75 x
2012-12-31 CN¥2.28 CN¥3.75 x
2013-12-31 CN¥2.74 CN¥3.75 x
2014-12-31 CN¥3.25 CN¥3.75 x
2015-12-31 CN¥4.11 CN¥3.75 x
2016-12-31 CN¥3.95 CN¥3.75 x
2017-12-31 CN¥4.40 CN¥3.75 x
2018-12-31 CN¥4.98 CN¥3.75 x
2019-12-31 CN¥5.40 CN¥3.75 x
2020-12-31 CN¥5.75 CN¥3.75 x
2021-12-31 CN¥6.20 CN¥3.75 x
2022-12-31 CN¥6.57 CN¥3.75 x
2023-12-31 CN¥6.94 CN¥3.75 x
2024-12-31 CN¥7.57 CN¥3.75 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bank of Xi'An 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): 7.66%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.13%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 14.38x
  • Recent ROE (7.66%) is below the historical average (14.53%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 5.37% 3.14% 0.09x 19.14x CN¥-92.73 Million
2007 9.67% 2.70% 0.10x 34.69x CN¥-3.84 Million
2008 36.95% 22.88% 0.06x 28.23x CN¥493.11 Million
2009 18.52% 30.61% 0.04x 16.20x CN¥329.25 Million
2010 18.53% 33.23% 0.03x 18.14x CN¥380.14 Million
2011 20.61% 27.53% 0.04x 19.53x CN¥556.32 Million
2012 21.49% 29.37% 0.04x 18.03x CN¥777.97 Million
2013 19.82% 27.88% 0.04x 16.24x CN¥808.13 Million
2014 18.51% 26.68% 0.04x 15.50x CN¥830.62 Million
2015 13.86% 25.66% 0.04x 14.63x CN¥554.31 Million
2016 12.65% 23.78% 0.04x 13.71x CN¥420.82 Million
2017 12.06% 23.10% 0.04x 13.24x CN¥363.38 Million
2018 11.84% 21.26% 0.05x 12.20x CN¥366.38 Million
2019 11.33% 20.98% 0.05x 11.78x CN¥312.97 Million
2020 10.78% 19.57% 0.05x 12.00x CN¥199.96 Million
2021 10.18% 18.55% 0.04x 12.56x CN¥50.24 Million
2022 8.31% 16.24% 0.04x 13.91x CN¥-494.11 Million
2023 7.98% 55.25% 0.01x 14.00x CN¥-623.83 Million
2024 7.66% 14.13% 0.04x 14.38x CN¥-781.86 Million

Industry Comparison

This section compares Bank of Xi'An 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 Xi'An Co Ltd (600928) CN¥34.57 Billion 5.37% 14.94x $760.37 Million
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