Bank of Nanjing Co Ltd (601009) - Net Assets
Based on the latest financial reports, Bank of Nanjing Co Ltd (601009) has net assets worth CN¥217.17 Billion CNY (≈ $31.78 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¥3.21 Trillion ≈ $469.27 Billion USD) and total liabilities (CN¥2.99 Trillion ≈ $437.49 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 Bank of Nanjing Co Ltd (601009) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥217.17 Billion |
| % of Total Assets | 6.77% |
| Annual Growth Rate | 23.03% |
| 5-Year Change | 71.59% |
| 10-Year Change | 237.15% |
| Growth Volatility | 54.03 |
Bank of Nanjing Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Bank of Nanjing Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Bank of Nanjing Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bank of Nanjing Co Ltd (2000–2025)
The table below shows the annual net assets of Bank of Nanjing Co Ltd from 2000 to 2025. For live valuation and market cap data, see market value of Bank of Nanjing Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥210.30 Billion ≈ $30.77 Billion |
+9.56% |
| 2024-12-31 | CN¥191.96 Billion ≈ $28.09 Billion |
+11.22% |
| 2023-12-31 | CN¥172.59 Billion ≈ $25.26 Billion |
+9.45% |
| 2022-12-31 | CN¥157.70 Billion ≈ $23.08 Billion |
+28.67% |
| 2021-12-31 | CN¥122.56 Billion ≈ $17.94 Billion |
+13.45% |
| 2020-12-31 | CN¥108.03 Billion ≈ $15.81 Billion |
+22.86% |
| 2019-12-31 | CN¥87.93 Billion ≈ $12.87 Billion |
+11.63% |
| 2018-12-31 | CN¥78.77 Billion ≈ $11.53 Billion |
+15.47% |
| 2017-12-31 | CN¥68.21 Billion ≈ $9.98 Billion |
+9.35% |
| 2016-12-31 | CN¥62.38 Billion ≈ $9.13 Billion |
+19.01% |
| 2015-12-31 | CN¥52.41 Billion ≈ $7.67 Billion |
+59.88% |
| 2014-12-31 | CN¥32.78 Billion ≈ $4.80 Billion |
+22.07% |
| 2013-12-31 | CN¥26.86 Billion ≈ $3.93 Billion |
+8.24% |
| 2012-12-31 | CN¥24.81 Billion ≈ $3.63 Billion |
+13.79% |
| 2011-12-31 | CN¥21.80 Billion ≈ $3.19 Billion |
+14.94% |
| 2010-12-31 | CN¥18.97 Billion ≈ $2.78 Billion |
+55.90% |
| 2009-12-31 | CN¥12.17 Billion ≈ $1.78 Billion |
+7.25% |
| 2008-12-31 | CN¥11.35 Billion ≈ $1.66 Billion |
+14.11% |
| 2007-12-31 | CN¥9.94 Billion ≈ $1.45 Billion |
+280.77% |
| 2006-12-31 | CN¥2.61 Billion ≈ $382.09 Million |
+24.09% |
| 2005-12-31 | CN¥2.10 Billion ≈ $307.92 Million |
+26.38% |
| 2004-12-31 | CN¥1.67 Billion ≈ $243.65 Million |
+3.81% |
| 2002-12-31 | CN¥1.60 Billion ≈ $234.71 Million |
+24.75% |
| 2001-12-31 | CN¥1.29 Billion ≈ $188.15 Million |
+8.86% |
| 2000-12-31 | CN¥1.18 Billion ≈ $172.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bank of Nanjing 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 49531.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥77.11 Billion | 37.38% |
| Other Components | CN¥129.19 Billion | 62.62% |
| Total Equity | CN¥206.30 Billion | 100.00% |
Bank of Nanjing Co Ltd Competitors by Market Cap
The table below lists competitors of Bank of Nanjing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International Flavors & Fragrances Inc
NYSE:IFF
|
$19.65 Billion |
|
NN Group NV
AS:NN
|
$19.68 Billion |
|
Bouygues SA
PA:EN
|
$19.69 Billion |
|
AXIA Energia
NYSE:AXIA
|
$19.72 Billion |
|
Incyte Corporation
NASDAQ:INCY
|
$19.62 Billion |
|
SBI Life Insurance Company Limited
NSE:SBILIFE
|
$19.61 Billion |
|
Banco Santander (Brasil) S.A.
SA:SANB11
|
$19.58 Billion |
|
China United Network Communications Ltd
SHG:600050
|
$19.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Nanjing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 188,529,458,000 to 206,301,002,000, a change of 17,771,544,000 (9.4%).
- Net income of 21,807,089,000 contributed positively to equity growth.
- Dividend payments of 11,116,557,000 reduced retained earnings.
- Other comprehensive income decreased equity by 64,944,800,000.
- Other factors increased equity by 72,025,812,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥21.81 Billion | +10.57% |
| Dividends Paid | CN¥11.12 Billion | -5.39% |
| Other Comprehensive Income | CN¥-64.94 Billion | -31.48% |
| Other Changes | CN¥72.03 Billion | +34.91% |
| Total Change | CN¥- | 9.43% |
Book Value vs Market Value Analysis
This analysis compares Bank of Nanjing 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: 0.65x
- 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 21.11x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.51 | CN¥10.85 | x |
| 2005-12-31 | CN¥0.64 | CN¥10.85 | x |
| 2006-12-31 | CN¥0.80 | CN¥10.85 | x |
| 2007-12-31 | CN¥2.53 | CN¥10.85 | x |
| 2008-12-31 | CN¥2.29 | CN¥10.85 | x |
| 2009-12-31 | CN¥1.89 | CN¥10.85 | x |
| 2010-12-31 | CN¥2.91 | CN¥10.85 | x |
| 2011-12-31 | CN¥2.89 | CN¥10.85 | x |
| 2012-12-31 | CN¥3.29 | CN¥10.85 | x |
| 2013-12-31 | CN¥3.54 | CN¥10.85 | x |
| 2014-12-31 | CN¥4.34 | CN¥10.85 | x |
| 2015-12-31 | CN¥6.53 | CN¥10.85 | x |
| 2016-12-31 | CN¥7.12 | CN¥10.85 | x |
| 2017-12-31 | CN¥7.59 | CN¥10.85 | x |
| 2018-12-31 | CN¥8.85 | CN¥10.85 | x |
| 2019-12-31 | CN¥10.24 | CN¥10.85 | x |
| 2020-12-31 | CN¥11.25 | CN¥10.85 | x |
| 2021-12-31 | CN¥10.95 | CN¥10.85 | x |
| 2022-12-31 | CN¥13.04 | CN¥10.85 | x |
| 2023-12-31 | CN¥13.96 | CN¥10.85 | x |
| 2024-12-31 | CN¥15.04 | CN¥10.85 | x |
| 2025-12-31 | CN¥16.69 | CN¥10.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Nanjing 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): 10.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.04%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 14.65x
- Recent ROE (10.57%) is below the historical average (13.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.01% | 14.75% | 0.04x | 14.44x | CN¥-23.50 Million |
| 2001 | 8.42% | 14.34% | 0.04x | 16.16x | CN¥-20.33 Million |
| 2002 | 10.35% | 20.23% | 0.03x | 14.90x | CN¥5.57 Million |
| 2004 | 13.09% | 15.42% | 0.04x | 22.99x | CN¥51.50 Million |
| 2005 | 17.45% | 19.65% | 0.04x | 23.09x | CN¥156.74 Million |
| 2006 | 22.77% | 24.52% | 0.04x | 22.20x | CN¥333.52 Million |
| 2007 | 9.15% | 27.30% | 0.04x | 7.65x | CN¥-84.75 Million |
| 2008 | 12.89% | 28.57% | 0.05x | 8.30x | CN¥326.54 Million |
| 2009 | 12.82% | 29.13% | 0.04x | 12.42x | CN¥339.84 Million |
| 2010 | 12.27% | 28.32% | 0.04x | 11.76x | CN¥427.54 Million |
| 2011 | 14.84% | 23.42% | 0.05x | 13.02x | CN¥1.05 Billion |
| 2012 | 16.30% | 22.48% | 0.05x | 13.96x | CN¥1.55 Billion |
| 2013 | 16.91% | 20.65% | 0.05x | 16.32x | CN¥1.84 Billion |
| 2014 | 17.28% | 44.00% | 0.02x | 17.66x | CN¥2.36 Billion |
| 2015 | 13.46% | 43.16% | 0.02x | 15.47x | CN¥1.80 Billion |
| 2016 | 13.34% | 17.23% | 0.05x | 17.18x | CN¥2.07 Billion |
| 2017 | 14.36% | 18.79% | 0.05x | 16.95x | CN¥2.93 Billion |
| 2018 | 14.23% | 18.79% | 0.05x | 15.98x | CN¥3.29 Billion |
| 2019 | 14.33% | 51.42% | 0.02x | 15.46x | CN¥3.77 Billion |
| 2020 | 12.26% | 19.08% | 0.05x | 14.19x | CN¥2.41 Billion |
| 2021 | 13.07% | 20.42% | 0.04x | 14.41x | CN¥3.72 Billion |
| 2022 | 11.78% | 21.44% | 0.04x | 13.18x | CN¥2.78 Billion |
| 2023 | 10.91% | 51.94% | 0.02x | 13.50x | CN¥1.55 Billion |
| 2024 | 10.70% | 51.24% | 0.02x | 13.75x | CN¥1.32 Billion |
| 2025 | 10.57% | 40.04% | 0.02x | 14.65x | CN¥1.18 Billion |
Industry Comparison
This section compares Bank of Nanjing Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $119,185,056,537
- Average return on equity (ROE) among peers: 10.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Nanjing Co Ltd (601009) | CN¥217.17 Billion | 8.01% | 13.77x | $19.63 Billion |
| Ping An Bank Co Ltd (000001) | $130.95 Billion | 15.12% | 15.70x | $29.87 Billion |
| Bank of Ningbo Co Ltd (002142) | $234.26 Billion | 11.58% | 12.34x | $29.74 Billion |
| Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) | $5.06 Billion | 19.39% | 13.51x | $1.41 Billion |
| Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) | $19.89 Billion | 9.44% | 10.00x | $1.47 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $59.41 Billion | 5.43% | 8.68x | $1.77 Billion |
| Bank of Qingdao Co Ltd (002948) | $6.96 Billion | 10.61% | 10.07x | $2.86 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $270.47 Billion | 1.04% | 0.26x | $2.29 Billion |
| Bank of Suzhou (002966) | $15.64 Billion | 10.22% | 9.48x | $5.06 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $418.97 Billion | 12.95% | 13.63x | $44.30 Billion |
| Hua Xia Bank Co Ltd (600015) | $30.23 Billion | 12.44% | 26.96x | $15.44 Billion |
About Bank of Nanjing Co Ltd
Bank of Nanjing Co., Ltd. engages in the provision of various financial products and services in China. The company offers corporate deposits, savings deposits, foreign currency savings deposits, and certificates of deposit; and personal, corporate, supply chain, and international business loans. It also provides micro financing, private banking, wealth management, cash management, currency inves… Read more