Jiangsu Changshu Rural Commercial Bank Co Ltd (601128) - Net Assets

Latest as of September 2025: CN¥32.59 Billion CNY ≈ $4.77 Billion USD

Based on the latest financial reports, Jiangsu Changshu Rural Commercial Bank Co Ltd (601128) has net assets worth CN¥32.59 Billion CNY (≈ $4.77 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¥402.23 Billion ≈ $58.86 Billion USD) and total liabilities (CN¥369.64 Billion ≈ $54.09 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 601128 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥32.59 Billion
% of Total Assets 8.1%
Annual Growth Rate 19.88%
5-Year Change -84.44%
10-Year Change 263.93%
Growth Volatility 266.18

Jiangsu Changshu Rural Commercial Bank Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Jiangsu Changshu Rural Commercial Bank Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 601128 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Jiangsu Changshu Rural Commercial Bank Co Ltd (2006–2024)

The table below shows the annual net assets of Jiangsu Changshu Rural Commercial Bank Co Ltd from 2006 to 2024. For live valuation and market cap data, see Jiangsu Changshu Rural Commercial Bank C (601128) market capitalisation.

Year Net Assets Change
2024-12-31 CN¥30.67 Billion
≈ $4.49 Billion		 +13.04%
2023-12-31 CN¥27.13 Billion
≈ $3.97 Billion		 -89.81%
2022-12-31 CN¥266.16 Billion
≈ $38.95 Billion		 +16.52%
2021-12-31 CN¥228.43 Billion
≈ $33.43 Billion		 +15.88%
2020-12-31 CN¥197.12 Billion
≈ $28.85 Billion		 +14.67%
2019-12-31 CN¥171.91 Billion
≈ $25.16 Billion		 +1170.01%
2018-12-31 CN¥13.54 Billion
≈ $1.98 Billion		 +21.85%
2017-12-31 CN¥11.11 Billion
≈ $1.63 Billion		 +6.50%
2016-12-31 CN¥10.43 Billion
≈ $1.53 Billion		 +23.78%
2015-12-31 CN¥8.43 Billion
≈ $1.23 Billion		 +14.37%
2014-12-31 CN¥7.37 Billion
≈ $1.08 Billion		 +21.73%
2013-12-31 CN¥6.05 Billion
≈ $885.73 Million		 +5.63%
2012-12-31 CN¥5.73 Billion
≈ $838.53 Million		 +17.34%
2011-12-31 CN¥4.88 Billion
≈ $714.63 Million		 +18.73%
2010-12-31 CN¥4.11 Billion
≈ $601.90 Million		 +58.61%
2009-12-31 CN¥2.59 Billion
≈ $379.49 Million		 +11.17%
2008-12-31 CN¥2.33 Billion
≈ $341.37 Million		 +24.82%
2007-12-31 CN¥1.87 Billion
≈ $273.48 Million		 +59.42%
2006-12-31 CN¥1.17 Billion
≈ $171.55 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Changshu Rural Commercial Bank 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 5531.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥11.34 Billion 39.58%
Common Stock CN¥3.01 Billion 10.52%
Other Comprehensive Income CN¥10.60 Billion 37.00%
Other Components CN¥3.69 Billion 12.90%
Total Equity CN¥28.65 Billion 100.00%

Jiangsu Changshu Rural Commercial Bank Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Changshu Rural Commercial Bank Co Ltd ranked by their market capitalization.

Company Market Cap
Chunghwa Precision Test Tech Co Ltd
TWO:6510
 $3.55 Billion
IGO LTD SP.ADR/2
F:IDZ1
 $3.55 Billion
NCsoft Corp
KO:036570
 $3.56 Billion
Banijay Group NV
AS:BNJ
 $3.56 Billion
JB Chemicals & Pharmaceuticals Limited
NSE:JBCHEPHARM
 $3.55 Billion
iRay Technology Co Ltd
SHG:688301
 $3.55 Billion
Endurance Technologies Limited
NSE:ENDURANCE
 $3.55 Billion
Gibson Energy Inc.
TO:GEI
 $3.54 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Changshu Rural Commercial Bank Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 24,636,736,000 to 28,647,828,000, a change of 4,011,092,000 (16.3%).
  • Net income of 3,813,258,000 contributed positively to equity growth.
  • Dividend payments of 759,951,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,212,959,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.81 Billion +13.31%
Dividends Paid CN¥759.95 Million -2.65%
Other Comprehensive Income CN¥1.21 Billion +4.23%
Other Changes CN¥-255.17 Million -0.89%
Total Change CN¥- 16.28%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Changshu Rural Commercial Bank 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: 0.95x
  • 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 4.46x to 0.95x 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¥1.64 CN¥7.32 x
2007-12-31 CN¥3.59 CN¥7.32 x
2008-12-31 CN¥4.01 CN¥7.32 x
2009-12-31 CN¥2.98 CN¥7.32 x
2010-12-31 CN¥4.69 CN¥7.32 x
2011-12-31 CN¥3.16 CN¥7.32 x
2012-12-31 CN¥2.84 CN¥7.32 x
2013-12-31 CN¥2.92 CN¥7.32 x
2014-12-31 CN¥3.56 CN¥7.32 x
2015-12-31 CN¥4.01 CN¥7.32 x
2016-12-31 CN¥4.83 CN¥7.32 x
2017-12-31 CN¥4.72 CN¥7.32 x
2018-12-31 CN¥5.01 CN¥7.32 x
2019-12-31 CN¥6.17 CN¥7.32 x
2020-12-31 CN¥6.55 CN¥7.32 x
2021-12-31 CN¥7.22 CN¥7.32 x
2022-12-31 CN¥7.66 CN¥7.32 x
2023-12-31 CN¥7.02 CN¥7.32 x
2024-12-31 CN¥7.74 CN¥7.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Changshu Rural Commercial Bank 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): 13.31%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 21.24%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 12.80x
  • Recent ROE (13.31%) is below the historical average (14.81%), 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 31.07% 38.33% 0.04x 22.67x CN¥247.04 Million
2007 18.67% 27.15% 0.04x 16.19x CN¥161.58 Million
2008 19.43% 25.23% 0.05x 15.54x CN¥216.63 Million
2009 18.82% 29.18% 0.04x 15.80x CN¥225.30 Million
2010 14.07% 26.69% 0.04x 12.94x CN¥163.70 Million
2011 16.44% 23.52% 0.05x 14.92x CN¥309.30 Million
2012 15.49% 21.29% 0.06x 13.16x CN¥309.42 Million
2013 16.79% 22.94% 0.05x 14.44x CN¥396.65 Million
2014 14.03% 19.23% 0.05x 14.28x CN¥286.96 Million
2015 11.96% 16.17% 0.06x 13.43x CN¥158.26 Million
2016 10.56% 15.15% 0.05x 13.19x CN¥55.13 Million
2017 12.08% 15.84% 0.05x 13.93x CN¥217.49 Million
2018 11.58% 15.97% 0.06x 12.99x CN¥202.35 Million
2019 10.55% 17.74% 0.05x 10.92x CN¥92.71 Million
2020 10.04% 16.91% 0.05x 11.62x CN¥7.28 Million
2021 11.06% 17.70% 0.05x 12.46x CN¥209.28 Million
2022 12.15% 19.15% 0.05x 12.75x CN¥485.97 Million
2023 13.32% 20.10% 0.05x 13.58x CN¥817.83 Million
2024 13.31% 21.24% 0.05x 12.80x CN¥948.48 Million

Industry Comparison

This section compares Jiangsu Changshu Rural Commercial Bank Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $28,244,587,797
  • Average return on equity (ROE) among peers: 13.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Changshu Rural Commercial Bank Co Ltd (601128) CN¥32.59 Billion 31.07% 11.34x $3.55 Billion
Ping An Bank Co Ltd (000001) $3.68 Billion 19.42% 9.72x $32.63 Billion
Bank of Ningbo Co Ltd (002142) $149.94 Billion 13.04% 12.44x $32.08 Billion
Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) $11.87 Billion 8.53% 9.64x $1.65 Billion
Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) $15.73 Billion 10.70% 10.93x $1.63 Billion
Bank of Zhengzhou Co Ltd Class A (002936) $39.89 Billion 8.24% 11.55x $1.89 Billion
Bank of Qingdao Co Ltd (002948) $3.94 Billion 10.69% 9.97x $3.14 Billion
Qingdao Rural Commercial Bank Corp Class A (002958) $13.49 Billion 13.82% 11.24x $2.47 Billion
Bank of Suzhou (002966) $28.95 Billion 8.54% 10.86x $5.57 Billion
Shanghai Pudong Development Bank Co Ltd (600000) $13.51 Billion 14.29% 32.72x $45.18 Billion
Hua Xia Bank Co Ltd (600015) $1.46 Billion 26.35% 67.59x $16.05 Billion

About Jiangsu Changshu Rural Commercial Bank Co Ltd

SHG:601128 China Banks - Regional
Market Cap
$3.55 Billion
CN¥24.28 Billion CNY
Market Cap Rank
#4459 Global
#797 in China
Share Price
CN¥7.32
Change (1 day)
-0.81%
52-Week Range
CN¥6.79 - CN¥8.00
All Time High
CN¥12.49
Categories
Companies in China Banks - Regional Banking & Financial
About

Jiangsu Changshu Rural Commercial Bank Co., Ltd. provides rural financial services to individual and corporate clients in China. It operates through Corporate Business, Personal Business, Fund Business, and Other Business segments. The company offers personal savings, such as current and regular savings, personal notice deposits, and certificates of deposit; debit and credit cards; payment, finan… Read more