Capital Securities Corp. Ltd. (601136) - Net Assets
Based on the latest financial reports, Capital Securities Corp. Ltd. (601136) has net assets worth CN¥13.74 Billion CNY (≈ $2.01 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥54.24 Billion ≈ $7.94 Billion USD) and total liabilities (CN¥40.50 Billion ≈ $5.93 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 601136 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥13.74 Billion |
| % of Total Assets | 25.34% |
| Annual Growth Rate | 10.82% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.59 |
Capital Securities Corp. Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Capital Securities Corp. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore cash efficiency ratio of Capital Securities Corp. Ltd. to assess how effectively this company generates cash.
Annual Net Assets for Capital Securities Corp. Ltd. (2021–2024)
The table below shows the annual net assets of Capital Securities Corp. Ltd. from 2021 to 2024. For live valuation and market cap data, see Capital Securities Corp. Ltd. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.25 Billion ≈ $1.94 Billion |
+7.14% |
| 2023-12-31 | CN¥12.36 Billion ≈ $1.81 Billion |
+2.08% |
| 2022-12-31 | CN¥12.11 Billion ≈ $1.77 Billion |
+24.46% |
| 2021-12-31 | CN¥9.73 Billion ≈ $1.42 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Capital Securities Corp. 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 64.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.48 Billion | 11.16% |
| Other Components | CN¥11.75 Billion | 88.84% |
| Total Equity | CN¥13.23 Billion | 100.00% |
Capital Securities Corp. Ltd. Competitors by Market Cap
The table below lists competitors of Capital Securities Corp. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tsingtao Brewery Co Ltd
SHG:600600
|
$5.59 Billion |
|
Apogee Therapeutics, Inc. Common Stock
NASDAQ:APGE
|
$5.59 Billion |
|
GXO Logistics Inc
NYSE:GXO
|
$5.60 Billion |
|
Yancoal Australia Ltd
AU:YAL
|
$5.60 Billion |
|
Ampol Ltd
AU:ALD
|
$5.59 Billion |
|
Ultrapar Participacoes SA ADR
NYSE:UGP
|
$5.59 Billion |
|
Home BancShares Inc
NYSE:HOMB
|
$5.59 Billion |
|
Parsons Corp
NYSE:PSN
|
$5.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Capital Securities Corp. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,346,813,527 to 13,229,202,181, a change of 882,388,654 (7.1%).
- Net income of 984,887,291 contributed positively to equity growth.
- Dividend payments of 783,579,507 reduced retained earnings.
- Other factors increased equity by 681,080,870.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥984.89 Million | +7.44% |
| Dividends Paid | CN¥783.58 Million | -5.92% |
| Other Changes | CN¥681.08 Million | +5.15% |
| Total Change | CN¥- | 7.15% |
Book Value vs Market Value Analysis
This analysis compares Capital Securities Corp. 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: 2.89x
- 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 3.54x to 2.89x 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¥3.95 | CN¥13.98 | x |
| 2022-12-31 | CN¥4.43 | CN¥13.98 | x |
| 2023-12-31 | CN¥4.52 | CN¥13.98 | x |
| 2024-12-31 | CN¥4.84 | CN¥13.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Capital Securities Corp. 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): 7.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.79%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 3.54x
- Recent ROE (7.44%) is above the historical average (6.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.84% | 41.52% | 0.06x | 3.36x | CN¥-112.88 Million |
| 2022 | 4.59% | 35.61% | 0.04x | 3.29x | CN¥-654.60 Million |
| 2023 | 5.68% | 37.03% | 0.04x | 3.50x | CN¥-533.64 Million |
| 2024 | 7.44% | 40.79% | 0.05x | 3.54x | CN¥-338.03 Million |
Industry Comparison
This section compares Capital Securities Corp. Ltd.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $22,415,466,843
- Average return on equity (ROE) among peers: 8.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Capital Securities Corp. Ltd. (601136) | CN¥13.74 Billion | 8.84% | 2.95x | $5.59 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $57.01 Billion | 8.07% | 4.26x | $14.54 Billion |
| Northeast Securities Co Ltd (000686) | $16.15 Billion | 6.24% | 3.22x | $2.67 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $3.72 Billion | 1.44% | 1.80x | $1.19 Billion |
| Guoyuan Securities Co Ltd (000728) | $32.31 Billion | 5.91% | 2.55x | $4.49 Billion |
| Sealand Securities Co Ltd (000750) | $518.14 Million | -24.92% | 1.22x | $3.36 Billion |
| GF Securities Co Ltd (000776) | $79.82 Billion | 16.54% | 4.25x | $17.83 Billion |
| Changjiang Securities Co Ltd (000783) | $17.02 Billion | 20.52% | 4.85x | $6.33 Billion |
| Shanxi Securities Co Ltd (002500) | $13.22 Billion | 10.88% | 2.64x | $2.67 Billion |
| Western Securities Co Ltd (002673) | $2.00 Billion | 20.00% | 2.81x | $4.21 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $2.39 Billion | 19.38% | 3.45x | $3.05 Billion |
About Capital Securities Corp. Ltd.
Capital Securities Corporation Limited operates in the financial securities industry in China. It operates through Wealth Management Business, Asset Management Business, Investment Business, and Investment Banking Business segments. The company offers securities investment consulting, securities underwriting and sponsorship, securities proprietary trading, securities investment fund sales, securi… Read more