Bank of Xi'An Co Ltd (600928) - Net Assets
Based on the latest financial reports, Bank of Xi'An Co Ltd (600928) has net assets worth CN¥40.95 Billion CNY (≈ $5.99 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥546.99 Billion ≈ $80.04 Billion USD) and total liabilities (CN¥506.04 Billion ≈ $74.05 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. Also explore Bank of Xi'An Co Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥40.95 Billion |
| % of Total Assets | 7.49% |
| Annual Growth Rate | 18.18% |
| 5-Year Change | 45.52% |
| 10-Year Change | 151.5% |
| Growth Volatility | 28.17 |
Bank of Xi'An Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Bank of Xi'An Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Bank of Xi'An Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Bank of Xi'An Co Ltd (2005–2025)
The table below shows the annual net assets of Bank of Xi'An Co Ltd from 2005 to 2025. For live valuation and market cap data, see market cap of Bank of Xi'An Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥40.17 Billion ≈ $5.88 Billion |
+20.01% |
| 2024-12-31 | CN¥33.47 Billion ≈ $4.90 Billion |
+8.23% |
| 2023-12-31 | CN¥30.93 Billion ≈ $4.53 Billion |
+5.74% |
| 2022-12-31 | CN¥29.25 Billion ≈ $4.28 Billion |
+5.96% |
| 2021-12-31 | CN¥27.60 Billion ≈ $4.04 Billion |
+7.73% |
| 2020-12-31 | CN¥25.62 Billion ≈ $3.75 Billion |
+8.26% |
| 2019-12-31 | CN¥23.67 Billion ≈ $3.46 Billion |
+18.37% |
| 2018-12-31 | CN¥19.99 Billion ≈ $2.93 Billion |
+12.86% |
| 2017-12-31 | CN¥17.72 Billion ≈ $2.59 Billion |
+10.91% |
| 2016-12-31 | CN¥15.97 Billion ≈ $2.34 Billion |
+10.77% |
| 2015-12-31 | CN¥14.42 Billion ≈ $2.11 Billion |
+46.74% |
| 2014-12-31 | CN¥9.83 Billion ≈ $1.44 Billion |
+18.52% |
| 2013-12-31 | CN¥8.29 Billion ≈ $1.21 Billion |
+22.39% |
| 2012-12-31 | CN¥6.77 Billion ≈ $991.27 Million |
+29.14% |
| 2011-12-31 | CN¥5.25 Billion ≈ $767.57 Million |
+17.54% |
| 2010-12-31 | CN¥4.46 Billion ≈ $653.01 Million |
+15.40% |
| 2009-12-31 | CN¥3.87 Billion ≈ $565.87 Million |
+111.24% |
| 2008-12-31 | CN¥1.83 Billion ≈ $267.88 Million |
+57.57% |
| 2007-12-31 | CN¥1.16 Billion ≈ $170.01 Million |
-42.00% |
| 2006-12-31 | CN¥2.00 Billion ≈ $293.13 Million |
+40.90% |
| 2005-12-31 | CN¥1.42 Billion ≈ $208.05 Million |
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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 15559.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥17.93 Billion | 44.72% |
| Other Components | CN¥22.17 Billion | 55.28% |
| Total Equity | CN¥40.11 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.
| Company | Market Cap |
|---|---|
|
Ganfeng Lithium Co. Ltd
F:39EA
|
$2.35 Billion |
|
ShenZhen Yitoa Intelligent Control Co Ltd
SHE:300131
|
$2.35 Billion |
|
Redefine Properties Ltd
JSE:RDF
|
$2.35 Billion |
|
The Bancorp Inc
NASDAQ:TBBK
|
$2.35 Billion |
|
Beijing Haohua Energy Resource Co Ltd
SHG:601101
|
$2.35 Billion |
|
Nanjing Sunlord Electronics Corporation LTD
SHE:300975
|
$2.35 Billion |
|
10X Genomics Inc
NASDAQ:TXG
|
$2.35 Billion |
|
Macrolink Real Estate Co Ltd
SHE:000620
|
$2.35 Billion |
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 2024 to 2025, total equity changed from 33,404,157,000 to 40,107,354,000, a change of 6,703,197,000 (20.1%).
- Net income of 2,649,947,000 contributed positively to equity growth.
- Dividend payments of 623,418,000 reduced retained earnings.
- Other factors increased equity by 4,676,668,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.65 Billion | +6.61% |
| Dividends Paid | CN¥623.42 Million | -1.55% |
| Other Changes | CN¥4.68 Billion | +11.66% |
| Total Change | CN¥- | 20.07% |
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: 0.40x
- 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 5.39x to 0.40x 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¥3.61 | x |
| 2007-12-31 | CN¥0.39 | CN¥3.61 | x |
| 2008-12-31 | CN¥0.61 | CN¥3.61 | x |
| 2009-12-31 | CN¥1.29 | CN¥3.61 | x |
| 2010-12-31 | CN¥1.51 | CN¥3.61 | x |
| 2011-12-31 | CN¥1.75 | CN¥3.61 | x |
| 2012-12-31 | CN¥2.28 | CN¥3.61 | x |
| 2013-12-31 | CN¥2.74 | CN¥3.61 | x |
| 2014-12-31 | CN¥3.25 | CN¥3.61 | x |
| 2015-12-31 | CN¥4.11 | CN¥3.61 | x |
| 2016-12-31 | CN¥3.95 | CN¥3.61 | x |
| 2017-12-31 | CN¥4.40 | CN¥3.61 | x |
| 2018-12-31 | CN¥4.98 | CN¥3.61 | x |
| 2019-12-31 | CN¥5.40 | CN¥3.61 | x |
| 2020-12-31 | CN¥5.75 | CN¥3.61 | x |
| 2021-12-31 | CN¥6.20 | CN¥3.61 | x |
| 2022-12-31 | CN¥6.57 | CN¥3.61 | x |
| 2023-12-31 | CN¥6.94 | CN¥3.61 | x |
| 2024-12-31 | CN¥7.57 | CN¥3.61 | x |
| 2025-12-31 | CN¥9.02 | CN¥3.61 | 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): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.11%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 13.42x
- Recent ROE (6.61%) is below the historical average (14.14%), 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% | 14.48% | 0.04x | 14.00x | CN¥-623.83 Million |
| 2024 | 7.66% | 14.13% | 0.04x | 14.38x | CN¥-781.86 Million |
| 2025 | 6.61% | 27.11% | 0.02x | 13.42x | CN¥-1.36 Billion |
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: $20,839,540,307
- Average return on equity (ROE) among peers: 15.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Xi'An Co Ltd (600928) | CN¥40.95 Billion | 5.37% | 12.36x | $2.35 Billion |
| Ping An Bank Co Ltd (000001) | $3.97 Billion | 10.72% | 47.64x | $31.18 Billion |
| Bank of Ningbo Co Ltd (002142) | $2.19 Billion | 21.58% | 18.40x | $31.31 Billion |
| Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) | $6.55 Billion | 12.49% | 11.77x | $1.43 Billion |
| Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) | $7.45 Billion | 9.26% | 11.11x | $1.57 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $21.86 Billion | 18.29% | 15.75x | $1.85 Billion |
| Bank of Qingdao Co Ltd (002948) | $33.33 Billion | 8.77% | 14.67x | $2.96 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $41.11 Billion | 6.95% | 11.04x | $2.46 Billion |
| Bank of Suzhou (002966) | $15.64 Billion | 10.22% | 9.48x | $5.27 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $1.58 Billion | 39.82% | 40.18x | $44.55 Billion |
| Hua Xia Bank Co Ltd (600015) | $74.72 Billion | 17.13% | 18.93x | $16.26 Billion |
About Bank of Xi'An Co Ltd
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