Cinda Securities Co. Ltd. A (601059) - Net Assets
Based on the latest financial reports, Cinda Securities Co. Ltd. A (601059) has net assets worth CN¥29.19 Billion CNY (≈ $4.27 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥120.25 Billion ≈ $17.60 Billion USD) and total liabilities (CN¥91.06 Billion ≈ $13.33 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 Cinda Securities Co. Ltd. A strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥29.19 Billion |
| % of Total Assets | 24.27% |
| Annual Growth Rate | 22.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.11 |
Cinda Securities Co. Ltd. A - Net Assets Trend (2021–2025)
This chart illustrates how Cinda Securities Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Cinda Securities Co. Ltd. A (601059) market capitalisation.
Annual Net Assets for Cinda Securities Co. Ltd. A (2021–2025)
The table below shows the annual net assets of Cinda Securities Co. Ltd. A from 2021 to 2025. Also explore net asset momentum of Cinda Securities Co. Ltd. A to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥28.75 Billion ≈ $4.21 Billion |
+17.64% |
| 2024-12-31 | CN¥24.44 Billion ≈ $3.58 Billion |
+33.27% |
| 2023-12-31 | CN¥18.34 Billion ≈ $2.68 Billion |
+29.32% |
| 2022-12-31 | CN¥14.18 Billion ≈ $2.08 Billion |
+10.42% |
| 2021-12-31 | CN¥12.84 Billion ≈ $1.88 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Cinda Securities Co. Ltd. A'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 64.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.46 Billion | 30.14% |
| Other Components | CN¥19.61 Billion | 69.86% |
| Total Equity | CN¥28.07 Billion | 100.00% |
Cinda Securities Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Cinda Securities Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FORD OTOMOT.SAN.ADR/5 TN1
F:FO9A
|
$7.38 Billion |
|
The Gap, Inc.
NYSE:GAP
|
$7.39 Billion |
|
Deutsche Wohnen SE
F:DWNI
|
$7.40 Billion |
|
Huizhou Desay SV Automotive Co Ltd Class A
SHE:002920
|
$7.40 Billion |
|
BlueFocus Communication Group
SHE:300058
|
$7.38 Billion |
|
Aurubis AG
XETRA:NDA
|
$7.37 Billion |
|
Gotion High tech Co Ltd
SHE:002074
|
$7.36 Billion |
|
Lottomatica Group SpA
NYSE:LOTMY
|
$7.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cinda Securities Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,808,811,758 to 28,070,392,120, a change of 4,261,580,362 (17.9%).
- Net income of 1,893,704,022 contributed positively to equity growth.
- Dividend payments of 919,914,845 reduced retained earnings.
- Other factors increased equity by 3,287,791,184.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.89 Billion | +6.75% |
| Dividends Paid | CN¥919.91 Million | -3.28% |
| Other Changes | CN¥3.29 Billion | +11.71% |
| Total Change | CN¥- | 17.90% |
Book Value vs Market Value Analysis
This analysis compares Cinda Securities Co. Ltd. A'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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.65x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥4.26 | CN¥15.56 | x |
| 2022-12-31 | CN¥4.69 | CN¥15.56 | x |
| 2023-12-31 | CN¥5.48 | CN¥15.56 | x |
| 2024-12-31 | CN¥7.34 | CN¥15.56 | x |
| 2025-12-31 | CN¥8.66 | CN¥15.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cinda Securities Co. Ltd. A 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): 6.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.01%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 4.63x
- Recent ROE (6.75%) is below the historical average (7.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 9.41% | 31.07% | 0.06x | 5.20x | CN¥-72.85 Million |
| 2022 | 8.97% | 35.76% | 0.05x | 4.81x | CN¥-140.91 Million |
| 2023 | 8.26% | 42.33% | 0.04x | 4.39x | CN¥-309.01 Million |
| 2024 | 5.73% | 41.69% | 0.03x | 4.49x | CN¥-1.02 Billion |
| 2025 | 6.75% | 47.01% | 0.03x | 4.63x | CN¥-913.34 Million |
Industry Comparison
This section compares Cinda Securities Co. Ltd. A's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $24,356,806,855
- Average return on equity (ROE) among peers: 11.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cinda Securities Co. Ltd. A (601059) | CN¥29.19 Billion | 9.41% | 3.12x | $7.38 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $22.66 Billion | 20.66% | 5.15x | $14.81 Billion |
| Northeast Securities Co Ltd (000686) | $67.68 Million | 17.48% | 1.56x | $2.67 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $879.63 Million | 17.58% | 0.45x | $1.35 Billion |
| Guoyuan Securities Co Ltd (000728) | $24.67 Billion | 2.72% | 2.16x | $4.78 Billion |
| Sealand Securities Co Ltd (000750) | $55.65 Million | 16.82% | 0.29x | $3.45 Billion |
| GF Securities Co Ltd (000776) | $102.27 Billion | 9.81% | 3.47x | $18.11 Billion |
| Changjiang Securities Co Ltd (000783) | $42.02 Billion | 8.80% | 3.91x | $6.89 Billion |
| Shanxi Securities Co Ltd (002500) | $2.43 Billion | 11.40% | 2.25x | $2.77 Billion |
| Western Securities Co Ltd (002673) | $26.11 Billion | 4.28% | 1.47x | $4.45 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $22.40 Billion | 7.28% | 3.28x | $3.24 Billion |
About Cinda Securities Co. Ltd. A
Cinda Securities Co., Ltd. engages in the securities brokerage, investment banking, and asset management businesses in China and internationally. The company offers agency trading services for stocks, funds, warrants, and bonds; and personalized investment advisory and consulting services. It also provides equity and bond financing and financial advisory services, such as IPOs, listed company ref… Read more