Dongxing Sec Co Ltd

SHG:601198 China Capital Markets
Market Cap
$5.97 Billion
CN¥43.77 Billion CNY
Market Cap Rank
#4290 Global
#418 in China
Share Price
CN¥13.54
Change (1 day)
+0.37%
52-Week Range
CN¥10.05 - CN¥14.44
All Time High
CN¥29.82
Categories
Companies in China Capital Markets
About

Dongxing Securities Corporation Limited provides various financial services in China. It operates through Wealth Management Business, Investment and Trading Business, Investment Banking Business, Asset Management Business, Futures Business, and Other Businesses segments. The company is involved in securities brokerage and credit business, etc; equity investment, fixed income investment, over-the-… Read more

Dongxing Sec Co Ltd (601198) - Net Assets

Latest net assets as of September 2025: CN¥29.64 Billion CNY

Based on the latest financial reports, Dongxing Sec Co Ltd (601198) has net assets worth CN¥29.64 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥116.39 Billion) and total liabilities (CN¥86.75 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥29.64 Billion
% of Total Assets 25.47%
Annual Growth Rate 18.14%
5-Year Change 34.05%
10-Year Change 109.04%
Growth Volatility 20.89

Dongxing Sec Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Dongxing Sec Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Dongxing Sec Co Ltd (2007–2024)

The table below shows the annual net assets of Dongxing Sec Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥28.40 Billion +4.76%
2023-12-31 CN¥27.11 Billion +3.91%
2022-12-31 CN¥26.09 Billion -2.26%
2021-12-31 CN¥26.69 Billion +26.00%
2020-12-31 CN¥21.18 Billion +4.21%
2019-12-31 CN¥20.33 Billion +3.31%
2018-12-31 CN¥19.68 Billion +2.20%
2017-12-31 CN¥19.25 Billion +4.89%
2016-12-31 CN¥18.36 Billion +35.11%
2015-12-31 CN¥13.59 Billion +82.71%
2014-12-31 CN¥7.44 Billion +22.84%
2013-12-31 CN¥6.05 Billion +12.73%
2012-12-31 CN¥5.37 Billion +13.51%
2011-12-31 CN¥4.73 Billion +51.38%
2010-12-31 CN¥3.12 Billion +20.42%
2009-12-31 CN¥2.59 Billion +28.46%
2008-12-31 CN¥2.02 Billion +20.96%
2007-12-31 CN¥1.67 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Dongxing Sec 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 4181.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.97 Billion 17.52%
Common Stock CN¥3.23 Billion 11.40%
Other Comprehensive Income CN¥6.39 Billion 22.54%
Other Components CN¥13.76 Billion 48.54%
Total Equity CN¥28.35 Billion 100.00%

Dongxing Sec Co Ltd Competitors by Market Cap

The table below lists competitors of Dongxing Sec Co Ltd ranked by their market capitalization.

Company Market Cap
Acushnet Holdings Corp
NYSE:GOLF
 		$2.60 Billion
PREMIUM BRANDS HLDGS(NEW)
F:5P7
 		$2.60 Billion
Apple Hospitality REIT Inc
NYSE:APLE
 		$2.60 Billion
Hankook Tire Co.
KO:161390
 		$2.60 Billion
Jb Financial
KO:175330
 		$2.60 Billion
L&K Engineering Co Ltd
TW:6139
 		$2.60 Billion
CHINA TOWER CORP. H YC 1
F:2Y1
 		$2.59 Billion
PT Adaro Energy Tbk
PINK:PADEF
 		$2.59 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 27,068,483,127 to 28,351,519,000, a change of 1,283,035,873 (4.7%).
  • Net income of 1,544,324,862 contributed positively to equity growth.
  • Dividend payments of 1,132,880,000 reduced retained earnings.
  • Other comprehensive income increased equity by 827,964,178.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.54 Billion +5.45%
Dividends Paid CN¥1.13 Billion -4.0%
Other Comprehensive Income CN¥827.96 Million +2.92%
Other Changes CN¥43.63 Million +0.15%
Total Change CN¥- 4.74%

Book Value vs Market Value Analysis

This analysis compares Dongxing Sec 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: 1.54x
  • 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 12.19x to 1.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥1.11 CN¥13.54 x
2008-12-31 CN¥1.34 CN¥13.54 x
2009-12-31 CN¥1.73 CN¥13.54 x
2010-12-31 CN¥2.08 CN¥13.54 x
2011-12-31 CN¥3.06 CN¥13.54 x
2012-12-31 CN¥2.72 CN¥13.54 x
2013-12-31 CN¥3.02 CN¥13.54 x
2014-12-31 CN¥3.72 CN¥13.54 x
2015-12-31 CN¥5.61 CN¥13.54 x
2016-12-31 CN¥7.14 CN¥13.54 x
2017-12-31 CN¥6.97 CN¥13.54 x
2018-12-31 CN¥7.13 CN¥13.54 x
2019-12-31 CN¥7.36 CN¥13.54 x
2020-12-31 CN¥7.67 CN¥13.54 x
2021-12-31 CN¥8.25 CN¥13.54 x
2022-12-31 CN¥8.06 CN¥13.54 x
2023-12-31 CN¥8.37 CN¥13.54 x
2024-12-31 CN¥8.78 CN¥13.54 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dongxing Sec 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): 5.45%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.44%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 3.71x
  • Recent ROE (5.45%) is below the historical average (9.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 9.93% 14.82% 0.11x 6.15x CN¥-1.22 Million
2008 20.53% 47.71% 0.12x 3.48x CN¥212.77 Million
2009 19.51% 36.74% 0.09x 6.09x CN¥246.78 Million
2010 15.68% 38.93% 0.07x 6.16x CN¥177.48 Million
2011 9.32% 40.01% 0.10x 2.43x CN¥-32.25 Million
2012 9.56% 35.84% 0.07x 3.91x CN¥-23.85 Million
2013 11.04% 32.87% 0.09x 3.58x CN¥63.23 Million
2014 14.00% 40.78% 0.06x 5.73x CN¥297.09 Million
2015 15.05% 38.13% 0.07x 5.39x CN¥686.19 Million
2016 7.39% 37.86% 0.05x 3.97x CN¥-478.92 Million
2017 6.81% 24.24% 0.07x 4.05x CN¥-612.65 Million
2018 5.13% 17.57% 0.08x 3.82x CN¥-956.01 Million
2019 6.02% 18.53% 0.08x 3.82x CN¥-808.55 Million
2020 7.28% 20.61% 0.09x 4.08x CN¥-575.13 Million
2021 6.20% 23.46% 0.07x 3.71x CN¥-1.01 Billion
2022 1.99% 15.18% 0.03x 3.91x CN¥-2.09 Billion
2023 3.03% 13.34% 0.06x 3.67x CN¥-1.89 Billion
2024 5.45% 16.44% 0.09x 3.71x CN¥-1.29 Billion

Industry Comparison

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

Industry Context

  • Industry: Capital Markets
  • Average net assets among peers: $20,268,438,570
  • Average return on equity (ROE) among peers: 7.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Dongxing Sec Co Ltd (601198) CN¥29.64 Billion 9.93% 2.93x $2.60 Billion
Shenwan Hongyuan Group Co Ltd (000166) $16.07 Billion 18.21% 3.12x $10.62 Billion
Northeast Securities Co Ltd (000686) $78.26 Million 20.27% 1.28x $1.48 Billion
Guangdong Golden Dragon Development Inc (000712) $892.70 Million 2.45% 0.50x $913.07 Million
Sealand Securities Co Ltd (000750) $7.16 Billion 9.64% 2.69x $2.84 Billion
GF Securities Co Ltd (000776) $94.14 Billion 8.01% 3.19x $10.71 Billion
Changjiang Securities Co Ltd (000783) $26.77 Billion 5.77% 3.23x $3.30 Billion
Holly Futures Co. Ltd. A (001236) $1.68 Billion 4.77% 3.81x $591.25 Million
Shanxi Securities Co Ltd (002500) $6.30 Billion 3.07% 1.08x $1.47 Billion
Western Securities Co Ltd (002673) $27.16 Billion 1.59% 2.52x $2.22 Billion
Huaxi Securities Co Ltd Class A (002926) $22.44 Billion 1.88% 3.36x $1.41 Billion