Pacific Securities Co Ltd (601099) - Net Assets

Latest as of September 2025: CN¥9.94 Billion CNY ≈ $1.46 Billion USD

Based on the latest financial reports, Pacific Securities Co Ltd (601099) has net assets worth CN¥9.94 Billion CNY (≈ $1.46 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥20.00 Billion ≈ $2.93 Billion USD) and total liabilities (CN¥10.06 Billion ≈ $1.47 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 601099 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥9.94 Billion
% of Total Assets	49.72%
Annual Growth Rate	14.48%
5-Year Change	0.42%
10-Year Change	21.64%
Growth Volatility	73.32

Pacific Securities Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Pacific Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 601099 total assets for the complete picture of this company's asset base.

Annual Net Assets for Pacific Securities Co Ltd (2004–2024)

The table below shows the annual net assets of Pacific Securities Co Ltd from 2004 to 2024. For live valuation and market cap data, see Pacific Securities Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥9.70 Billion ≈ $1.42 Billion	+2.27%
2023-12-31	CN¥9.48 Billion ≈ $1.39 Billion	+2.59%
2022-12-31	CN¥9.24 Billion ≈ $1.35 Billion	-5.20%
2021-12-31	CN¥9.75 Billion ≈ $1.43 Billion	+0.96%
2020-12-31	CN¥9.66 Billion ≈ $1.41 Billion	-7.52%
2019-12-31	CN¥10.44 Billion ≈ $1.53 Billion	-1.51%
2018-12-31	CN¥10.60 Billion ≈ $1.55 Billion	-12.22%
2017-12-31	CN¥12.08 Billion ≈ $1.77 Billion	-4.08%
2016-12-31	CN¥12.59 Billion ≈ $1.84 Billion	+57.95%
2015-12-31	CN¥7.97 Billion ≈ $1.17 Billion	+11.01%
2014-12-31	CN¥7.18 Billion ≈ $1.05 Billion	+228.97%
2013-12-31	CN¥2.18 Billion ≈ $319.49 Million	+2.27%
2012-12-31	CN¥2.13 Billion ≈ $312.41 Million	+0.92%
2011-12-31	CN¥2.12 Billion ≈ $309.58 Million	+8.00%
2010-12-31	CN¥1.96 Billion ≈ $286.65 Million	+9.73%
2009-12-31	CN¥1.79 Billion ≈ $261.23 Million	+29.38%
2008-12-31	CN¥1.38 Billion ≈ $201.91 Million	-31.86%
2007-12-31	CN¥2.03 Billion ≈ $296.33 Million	+249.05%
2006-12-31	CN¥580.18 Million ≈ $84.90 Million	+29.43%
2005-12-31	CN¥448.25 Million ≈ $65.59 Million	-30.91%
2004-12-31	CN¥648.77 Million ≈ $94.93 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pacific Securities 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 decreased by 93611759731.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥6.82 Billion	70.27%
Other Comprehensive Income	CN¥1.04 Billion	10.71%
Other Components	CN¥2.80 Billion	28.84%
Total Equity	CN¥9.70 Billion	100.00%

Pacific Securities Co Ltd Competitors by Market Cap

The table below lists competitors of Pacific Securities Co Ltd ranked by their market capitalization.

Company	Market Cap
All Ring Tech Co Ltd TWO:6187	$3.67 Billion
Shift4 Payments Inc NYSE:FOUR	$3.67 Billion
TOTVS S.A SA:TOTS3	$3.67 Billion
Shengda Mining Co Ltd SHE:000603	$3.68 Billion
KPJ Healthcare Bhd KLSE:5878	$3.67 Billion
Gulfport Energy Operating Corp NYSE:GPOR	$3.67 Billion
St Galler Kantonalbank AG SW:SGKN	$3.67 Billion
STO Express Co Ltd SHE:002468	$3.66 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 9,478,176,445 to 9,700,261,958, a change of 222,085,513 (2.3%).
Net income of 220,051,705 contributed positively to equity growth.
Dividend payments of 1,962,159 reduced retained earnings.
Other comprehensive income increased equity by 1,062,529,310.
Other factors decreased equity by 1,058,533,343.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥220.05 Million	+2.27%
Dividends Paid	CN¥1.96 Million	-0.02%
Other Comprehensive Income	CN¥1.06 Billion	+10.95%
Other Changes	CN¥-1.06 Billion	-10.91%
Total Change	CN¥-	2.34%

Book Value vs Market Value Analysis

This analysis compares Pacific Securities 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: 2.61x
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 10.40x to 2.61x 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¥0.35	CN¥3.68	x
2005-12-31	CN¥0.24	CN¥3.68	x
2006-12-31	CN¥0.32	CN¥3.68	x
2007-12-31	CN¥0.55	CN¥3.68	x
2008-12-31	CN¥0.33	CN¥3.68	x
2009-12-31	CN¥0.43	CN¥3.68	x
2010-12-31	CN¥0.47	CN¥3.68	x
2011-12-31	CN¥0.51	CN¥3.68	x
2012-12-31	CN¥0.52	CN¥3.68	x
2013-12-31	CN¥0.79	CN¥3.68	x
2014-12-31	CN¥1.21	CN¥3.68	x
2015-12-31	CN¥1.40	CN¥3.68	x
2016-12-31	CN¥1.77	CN¥3.68	x
2017-12-31	CN¥1.71	CN¥3.68	x
2018-12-31	CN¥1.51	CN¥3.68	x
2019-12-31	CN¥1.52	CN¥3.68	x
2020-12-31	CN¥1.41	CN¥3.68	x
2021-12-31	CN¥1.42	CN¥3.68	x
2022-12-31	CN¥1.35	CN¥3.68	x
2023-12-31	CN¥1.40	CN¥3.68	x
2024-12-31	CN¥1.41	CN¥3.68	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pacific Securities 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): 2.27%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.33%
• Asset Turnover: 0.07x
• Equity Multiplier: 1.90x
Recent ROE (2.27%) is above the historical average (1.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	-2.50%	-106.05%	0.02x	1.56x	CN¥-81.11 Million
2005	-44.73%	-875.36%	0.03x	1.76x	CN¥-245.34 Million
2006	22.74%	57.02%	0.16x	2.52x	CN¥73.90 Million
2007	30.08%	57.91%	0.21x	2.44x	CN¥406.69 Million
2008	-46.76%	0.00%	-0.11x	2.53x	CN¥-783.24 Million
2009	22.71%	47.70%	0.14x	3.34x	CN¥226.83 Million
2010	10.40%	29.49%	0.12x	2.99x	CN¥7.88 Million
2011	7.41%	23.54%	0.13x	2.34x	CN¥-54.88 Million
2012	3.30%	12.36%	0.13x	2.10x	CN¥-143.01 Million
2013	3.42%	15.28%	0.11x	2.12x	CN¥-143.75 Million
2014	8.49%	39.98%	0.10x	2.22x	CN¥-96.89 Million
2015	15.31%	41.29%	0.08x	4.61x	CN¥392.81 Million
2016	5.65%	37.02%	0.04x	3.42x	CN¥-514.00 Million
2017	0.99%	8.91%	0.03x	4.01x	CN¥-1.06 Billion
2018	-12.85%	-82.65%	0.04x	4.12x	CN¥-2.35 Billion
2019	4.47%	17.48%	0.09x	2.97x	CN¥-571.65 Million
2020	-7.92%	-45.62%	0.07x	2.36x	CN¥-1.72 Billion
2021	1.25%	6.54%	0.09x	2.06x	CN¥-849.79 Million
2022	-4.97%	-35.84%	0.08x	1.66x	CN¥-1.38 Billion
2023	2.64%	17.69%	0.09x	1.68x	CN¥-697.27 Million
2024	2.27%	16.33%	0.07x	1.90x	CN¥-749.97 Million

Industry Comparison

This section compares Pacific Securities Co Ltd's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $10,430,814,984
Average return on equity (ROE) among peers: 4.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pacific Securities Co Ltd (601099)	CN¥9.94 Billion	-2.50%	1.01x	$3.67 Billion
Shenwan Hongyuan Group Co Ltd (000166)	$11.87 Billion	18.85%	3.13x	$15.63 Billion
Northeast Securities Co Ltd (000686)	$447.43 Million	2.34%	0.17x	$2.97 Billion
Guangdong Golden Dragon Development Inc (000712)	$307.58 Million	10.63%	0.48x	$1.37 Billion
Guoyuan Securities Co Ltd (000728)	$867.69 Million	-23.90%	0.15x	$4.69 Billion
Sealand Securities Co Ltd (000750)	$23.44 Billion	3.27%	1.94x	$3.65 Billion
GF Securities Co Ltd (000776)	$266.75 Million	4.73%	0.31x	$18.34 Billion
Changjiang Securities Co Ltd (000783)	$9.12 Billion	15.04%	2.88x	$6.47 Billion
Shanxi Securities Co Ltd (002500)	$17.45 Billion	4.30%	2.58x	$2.97 Billion
Western Securities Co Ltd (002673)	$17.74 Billion	3.44%	1.74x	$4.70 Billion
Huaxi Securities Co Ltd Class A (002926)	$22.80 Billion	1.86%	2.90x	$3.35 Billion

About Pacific Securities Co Ltd

SHG:601099 China Capital Markets

Market Cap

$3.67 Billion

CN¥25.08 Billion CNY

Market Cap Rank

#4357 Global

#770 in China

Share Price

CN¥3.68

Change (1 day)

-0.54%

52-Week Range

CN¥3.57 - CN¥5.11

All Time High

CN¥6.50