Guotai Junan Securities Co Ltd (601211) - Net Assets

Latest as of September 2025: CN¥328.94 Billion CNY ≈ $48.13 Billion USD

Based on the latest financial reports, Guotai Junan Securities Co Ltd (601211) has net assets worth CN¥328.94 Billion CNY (≈ $48.13 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¥2.01 Trillion ≈ $293.97 Billion USD) and total liabilities (CN¥1.68 Trillion ≈ $245.83 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 601211 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥328.94 Billion
% of Total Assets	16.37%
Annual Growth Rate	18.56%
5-Year Change	21.36%
10-Year Change	74.62%
Growth Volatility	91.01

Guotai Junan Securities Co Ltd - Net Assets Trend (2002–2024)

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

Annual Net Assets for Guotai Junan Securities Co Ltd (2002–2024)

The table below shows the annual net assets of Guotai Junan Securities Co Ltd from 2002 to 2024. For live valuation and market cap data, see Guotai Junan Securities Co Ltd market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥177.47 Billion ≈ $25.97 Billion	+2.36%
2023-12-31	CN¥173.38 Billion ≈ $25.37 Billion	+5.83%
2022-12-31	CN¥163.83 Billion ≈ $23.97 Billion	+8.76%
2021-12-31	CN¥150.64 Billion ≈ $22.04 Billion	+3.01%
2020-12-31	CN¥146.24 Billion ≈ $21.40 Billion	+0.10%
2019-12-31	CN¥146.09 Billion ≈ $21.38 Billion	+9.29%
2018-12-31	CN¥133.67 Billion ≈ $19.56 Billion	-0.02%
2017-12-31	CN¥133.70 Billion ≈ $19.56 Billion	+20.72%
2016-12-31	CN¥110.75 Billion ≈ $16.21 Billion	+8.97%
2015-12-31	CN¥101.64 Billion ≈ $14.87 Billion	+114.88%
2014-12-31	CN¥47.30 Billion ≈ $6.92 Billion	+35.13%
2013-12-31	CN¥35.00 Billion ≈ $5.12 Billion	+7.52%
2012-12-31	CN¥32.55 Billion ≈ $4.76 Billion	+15.33%
2011-12-31	CN¥28.23 Billion ≈ $4.13 Billion	+5.53%
2010-12-31	CN¥26.75 Billion ≈ $3.91 Billion	+14.83%
2009-12-31	CN¥23.29 Billion ≈ $3.41 Billion	+37.20%
2008-12-31	CN¥16.98 Billion ≈ $2.48 Billion	-27.68%
2007-12-31	CN¥23.47 Billion ≈ $3.44 Billion	+426.84%
2006-12-31	CN¥4.46 Billion ≈ $652.01 Million	+60.57%
2005-12-31	CN¥2.77 Billion ≈ $406.07 Million	+18.57%
2004-12-31	CN¥2.34 Billion ≈ $342.46 Million	-44.80%
2003-12-31	CN¥4.24 Billion ≈ $620.35 Million	+1.22%
2002-12-31	CN¥4.19 Billion ≈ $612.87 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Guotai Junan 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 grown by 43928.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥63.28 Billion	37.05%
Common Stock	CN¥8.90 Billion	5.21%
Other Components	CN¥98.59 Billion	57.73%
Total Equity	CN¥170.78 Billion	100.00%

Guotai Junan Securities Co Ltd Competitors by Market Cap

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

Company	Market Cap
JSW Steel Limited NSE:JSWSTEEL	$33.38 Billion
LEGRAND UNSP.ARD 1/5 EO 4 F:LRC0	$33.38 Billion
Orix Corp Ads NYSE:IX	$33.39 Billion
Paychex Inc NASDAQ:PAYX	$33.39 Billion
Chunghwa Telecom Co TW:2412	$33.24 Billion
LEONARDO ADR 1/2/EO 440 F:FMN	$33.03 Billion
Carnival Corporation NYSE:CCL	$33.03 Billion
Ningxia Baofeng Energy Group Co Ltd SHG:600989	$32.94 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 166,969,254,000 to 170,775,390,000, a change of 3,806,136,000 (2.3%).
Net income of 13,024,084,673 contributed positively to equity growth.
Dividend payments of 11,784,469,000 reduced retained earnings.
Other comprehensive income decreased equity by 33,748,641,000.
Other factors increased equity by 36,315,161,327.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥13.02 Billion	+7.63%
Dividends Paid	CN¥11.78 Billion	-6.9%
Other Comprehensive Income	CN¥-33.75 Billion	-19.76%
Other Changes	CN¥36.32 Billion	+21.26%
Total Change	CN¥-	2.28%

Book Value vs Market Value Analysis

This analysis compares Guotai Junan 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: 0.88x
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 22.29x to 0.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	CN¥0.72	CN¥16.12	x
2003-12-31	CN¥0.73	CN¥16.12	x
2004-12-31	CN¥0.40	CN¥16.12	x
2005-12-31	CN¥0.47	CN¥16.12	x
2006-12-31	CN¥0.77	CN¥16.12	x
2007-12-31	CN¥4.04	CN¥16.12	x
2008-12-31	CN¥2.92	CN¥16.12	x
2009-12-31	CN¥4.00	CN¥16.12	x
2010-12-31	CN¥4.49	CN¥16.12	x
2011-12-31	CN¥4.74	CN¥16.12	x
2012-12-31	CN¥5.48	CN¥16.12	x
2013-12-31	CN¥5.56	CN¥16.12	x
2014-12-31	CN¥6.91	CN¥16.12	x
2015-12-31	CN¥13.42	CN¥16.12	x
2016-12-31	CN¥12.29	CN¥16.12	x
2017-12-31	CN¥13.71	CN¥16.12	x
2018-12-31	CN¥12.88	CN¥16.12	x
2019-12-31	CN¥14.33	CN¥16.12	x
2020-12-31	CN¥14.70	CN¥16.12	x
2021-12-31	CN¥15.88	CN¥16.12	x
2022-12-31	CN¥16.86	CN¥16.12	x
2023-12-31	CN¥18.46	CN¥16.12	x
2024-12-31	CN¥18.23	CN¥16.12	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guotai Junan 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): 7.63%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 23.34%
• Asset Turnover: 0.05x
• Equity Multiplier: 6.14x
Recent ROE (7.63%) is below the historical average (11.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	0.58%	1.58%	0.04x	8.64x	CN¥-394.66 Million
2003	1.21%	4.19%	0.04x	7.65x	CN¥-372.81 Million
2004	2.24%	2.49%	0.10x	8.95x	CN¥-178.77 Million
2005	0.41%	0.98%	0.05x	7.68x	CN¥-262.03 Million
2006	30.59%	32.53%	0.11x	8.41x	CN¥917.38 Million
2007	31.51%	51.93%	0.13x	4.77x	CN¥5.04 Billion
2008	36.74%	49.96%	0.17x	4.38x	CN¥4.51 Billion
2009	27.18%	49.70%	0.11x	4.76x	CN¥3.98 Billion
2010	15.51%	46.12%	0.08x	4.13x	CN¥1.43 Billion
2011	9.87%	36.45%	0.08x	3.34x	CN¥-35.16 Million
2012	7.85%	31.97%	0.07x	3.34x	CN¥-682.30 Million
2013	8.45%	32.01%	0.06x	4.56x	CN¥-527.55 Million
2014	16.07%	37.79%	0.06x	7.60x	CN¥2.55 Billion
2015	16.47%	41.78%	0.08x	4.77x	CN¥6.17 Billion
2016	9.84%	38.26%	0.06x	4.12x	CN¥-155.03 Million
2017	8.03%	32.40%	0.07x	3.51x	CN¥-2.43 Billion
2018	5.43%	22.66%	0.07x	3.54x	CN¥-5.64 Billion
2019	6.28%	23.24%	0.07x	4.07x	CN¥-5.11 Billion
2020	8.10%	25.38%	0.06x	5.12x	CN¥-2.61 Billion
2021	10.20%	28.64%	0.07x	5.38x	CN¥301.11 Million
2022	7.30%	25.27%	0.05x	5.46x	CN¥-4.26 Billion
2023	5.61%	19.29%	0.05x	5.54x	CN¥-7.32 Billion
2024	7.63%	23.34%	0.05x	6.14x	CN¥-4.05 Billion

Industry Comparison

This section compares Guotai Junan 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
Guotai Junan Securities Co Ltd (601211)	CN¥328.94 Billion	0.58%	5.11x	$33.31 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 Guotai Junan Securities Co Ltd

SHG:601211 China Capital Markets

Market Cap

$33.31 Billion

CN¥227.67 Billion CNY

Market Cap Rank

#798 Global

#49 in China

Share Price

CN¥16.12

Change (1 day)

+0.00%

52-Week Range

CN¥16.12 - CN¥22.29

All Time High

CN¥22.29