Industrial Bank Co Ltd (601166) - Net Assets

Latest as of December 2025: CN¥824.11 Billion CNY ≈ $120.59 Billion USD

Based on the latest financial reports, Industrial Bank Co Ltd (601166) has net assets worth CN¥824.11 Billion CNY (≈ $120.59 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.09 Trillion ≈ $1.62 Trillion USD) and total liabilities (CN¥10.27 Trillion ≈ $1.50 Trillion 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 Industrial Bank Co Ltd (601166) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥824.11 Billion
% of Total Assets 7.43%
Annual Growth Rate 22.88%
5-Year Change 18.7%
10-Year Change 132.53%
Growth Volatility 29.01

Industrial Bank Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Industrial Bank Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Industrial Bank Co Ltd (601166) total assets for the complete picture of this company's asset base.

Annual Net Assets for Industrial Bank Co Ltd (2001–2025)

The table below shows the annual net assets of Industrial Bank Co Ltd from 2001 to 2025. For live valuation and market cap data, see 601166 market cap overview.

Year Net Assets Change
2025-12-31 CN¥824.11 Billion
≈ $120.59 Billion		 -7.78%
2024-12-31 CN¥893.61 Billion
≈ $130.76 Billion		 +10.63%
2023-12-31 CN¥807.72 Billion
≈ $118.19 Billion		 +6.66%
2022-12-31 CN¥757.30 Billion
≈ $110.82 Billion		 +9.07%
2021-12-31 CN¥694.30 Billion
≈ $101.60 Billion		 +11.12%
2020-12-31 CN¥624.80 Billion
≈ $91.43 Billion		 +13.67%
2019-12-31 CN¥549.65 Billion
≈ $80.43 Billion		 +16.31%
2018-12-31 CN¥472.58 Billion
≈ $69.15 Billion		 +11.79%
2017-12-31 CN¥422.75 Billion
≈ $61.86 Billion		 +19.28%
2016-12-31 CN¥354.41 Billion
≈ $51.86 Billion		 +11.67%
2015-12-31 CN¥317.38 Billion
≈ $46.44 Billion		 +21.56%
2014-12-31 CN¥261.10 Billion
≈ $38.21 Billion		 +29.79%
2013-12-31 CN¥201.17 Billion
≈ $29.44 Billion		 +17.90%
2012-12-31 CN¥170.63 Billion
≈ $24.97 Billion		 +47.00%
2011-12-31 CN¥116.08 Billion
≈ $16.99 Billion		 +26.18%
2010-12-31 CN¥92.00 Billion
≈ $13.46 Billion		 +54.36%
2009-12-31 CN¥59.60 Billion
≈ $8.72 Billion		 +21.57%
2008-12-31 CN¥49.02 Billion
≈ $7.17 Billion		 +26.03%
2007-12-31 CN¥38.90 Billion
≈ $5.69 Billion		 +140.11%
2006-12-31 CN¥16.20 Billion
≈ $2.37 Billion		 +26.70%
2005-12-31 CN¥12.79 Billion
≈ $1.87 Billion		 +26.79%
2004-12-31 CN¥10.08 Billion
≈ $1.48 Billion		 +66.25%
2003-12-31 CN¥6.07 Billion
≈ $887.58 Million		 -4.39%
2002-12-31 CN¥6.34 Billion
≈ $928.38 Million		 +8.12%
2001-12-31 CN¥5.87 Billion
≈ $858.65 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Industrial 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 32710.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥566.61 Billion 62.84%
Common Stock CN¥21.16 Billion 2.35%
Other Comprehensive Income CN¥97.01 Billion 10.76%
Other Components CN¥216.93 Billion 24.06%
Total Equity CN¥901.72 Billion 100.00%

Industrial Bank Co Ltd Competitors by Market Cap

The table below lists competitors of Industrial Bank Co Ltd ranked by their market capitalization.

Company Market Cap
BANK O.CHINA H ADR/25 YC1
F:W8VS
 $55.92 Billion
Wheaton Precious Metals Corp
TO:WPM
 $56.11 Billion
Dominion Energy Inc
NYSE:D
 $56.20 Billion
Deutsche Post AG
XETRA:DHL
 $56.42 Billion
Larsen & Toubro Limited
F:LTO
 $55.44 Billion
JAPAN TOBACCO UNSP.ADR1/2
F:JATA
 $55.39 Billion
Glencore plc
MX:GLENN
 $55.35 Billion
Nu Holdings Ltd
NYSE:NU
 $55.35 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 881,908,000,000 to 901,716,000,000, a change of 19,808,000,000 (2.2%).
  • Net income of 77,469,000,000 contributed positively to equity growth.
  • Dividend payments of 22,433,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 97,011,000,000.
  • Other factors decreased equity by 132,239,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥77.47 Billion +8.59%
Dividends Paid CN¥22.43 Billion -2.49%
Other Comprehensive Income CN¥97.01 Billion +10.76%
Other Changes CN¥-132.24 Billion -14.67%
Total Change CN¥- 2.25%

Book Value vs Market Value Analysis

This analysis compares Industrial 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: 0.45x
  • 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 25.36x to 0.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 CN¥0.71 CN¥17.93 x
2004-12-31 CN¥0.95 CN¥17.93 x
2005-12-31 CN¥1.12 CN¥17.93 x
2006-12-31 CN¥1.41 CN¥17.93 x
2007-12-31 CN¥2.76 CN¥17.93 x
2008-12-31 CN¥3.42 CN¥17.93 x
2009-12-31 CN¥4.15 CN¥17.93 x
2010-12-31 CN¥6.03 CN¥17.93 x
2011-12-31 CN¥7.11 CN¥17.93 x
2012-12-31 CN¥10.50 CN¥17.93 x
2013-12-31 CN¥10.47 CN¥17.93 x
2014-12-31 CN¥13.52 CN¥17.93 x
2015-12-31 CN¥16.43 CN¥17.93 x
2016-12-31 CN¥18.01 CN¥17.93 x
2017-12-31 CN¥19.97 CN¥17.93 x
2018-12-31 CN¥21.91 CN¥17.93 x
2019-12-31 CN¥26.06 CN¥17.93 x
2020-12-31 CN¥29.63 CN¥17.93 x
2021-12-31 CN¥32.93 CN¥17.93 x
2022-12-31 CN¥32.70 CN¥17.93 x
2023-12-31 CN¥34.74 CN¥17.93 x
2024-12-31 CN¥36.90 CN¥17.93 x
2025-12-31 CN¥40.27 CN¥17.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Industrial 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): 8.59%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 21.29%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 12.30x
  • Recent ROE (8.59%) is below the historical average (16.02%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 8.22% 16.37% 0.02x 21.28x CN¥-104.60 Million
2002 7.51% 7.49% 0.04x 28.10x CN¥-157.90 Million
2003 23.64% 14.83% 0.04x 42.71x CN¥827.40 Million
2004 16.61% 13.62% 0.04x 33.72x CN¥666.67 Million
2005 19.28% 13.94% 0.04x 37.16x CN¥1.19 Billion
2006 23.45% 15.01% 0.04x 38.13x CN¥2.18 Billion
2007 22.07% 20.74% 0.05x 21.89x CN¥4.70 Billion
2008 23.22% 20.31% 0.05x 20.83x CN¥6.48 Billion
2009 22.29% 24.36% 0.04x 22.35x CN¥7.32 Billion
2010 20.13% 25.80% 0.04x 20.11x CN¥9.32 Billion
2011 22.14% 21.73% 0.05x 20.91x CN¥13.98 Billion
2012 20.47% 20.31% 0.05x 19.17x CN¥17.76 Billion
2013 20.63% 19.37% 0.06x 18.41x CN¥21.23 Billion
2014 18.28% 18.97% 0.06x 17.08x CN¥21.34 Billion
2015 16.01% 17.30% 0.05x 16.89x CN¥18.84 Billion
2016 15.38% 19.18% 0.05x 17.38x CN¥18.84 Billion
2017 13.72% 18.83% 0.05x 15.39x CN¥15.51 Billion
2018 13.01% 18.21% 0.05x 14.40x CN¥14.02 Billion
2019 12.17% 18.94% 0.05x 13.20x CN¥11.73 Billion
2020 10.82% 18.36% 0.05x 12.82x CN¥5.07 Billion
2021 12.09% 21.17% 0.05x 12.58x CN¥14.27 Billion
2022 12.25% 22.53% 0.04x 12.42x CN¥16.76 Billion
2023 9.69% 18.66% 0.04x 12.76x CN¥-2.51 Billion
2024 8.75% 18.94% 0.04x 11.91x CN¥-10.99 Billion
2025 8.59% 21.29% 0.03x 12.30x CN¥-12.70 Billion

Industry Comparison

This section compares Industrial 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
Industrial Bank Co Ltd (601166) CN¥824.11 Billion 8.22% 12.46x $55.53 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 Industrial Bank Co Ltd

SHG:601166 China Banks - Regional
Market Cap
$55.53 Billion
CN¥379.45 Billion CNY
Market Cap Rank
#463 Global
#24 in China
Share Price
CN¥17.93
Change (1 day)
-1.38%
52-Week Range
CN¥17.93 - CN¥25.14
All Time High
CN¥25.14
Categories
Companies in China Banks - Regional Banking & Financial
About

Industrial Bank Co., Ltd. provides banking products and services in the People's Republic of China. The company's banking services include accepting deposits from the public; granting short-term, medium-term, and long-term loans; domestic and overseas settlement services; issuance of discount and acceptance bills and notes, as well as financial bonds; agency issuance and encashment, and underwrit… Read more