Hongta Securities Co Ltd (601236) - Net Assets

Latest as of March 2026: CN¥25.82 Billion CNY ≈ $3.78 Billion USD

Based on the latest financial reports, Hongta Securities Co Ltd (601236) has net assets worth CN¥25.82 Billion CNY (≈ $3.78 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥62.27 Billion ≈ $9.11 Billion USD) and total liabilities (CN¥36.45 Billion ≈ $5.33 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 601236 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥25.82 Billion
% of Total Assets	41.47%
Annual Growth Rate	15.27%
5-Year Change	8.0%
10-Year Change	126.0%
Growth Volatility	29.84

Hongta Securities Co Ltd - Net Assets Trend (2005–2025)

This chart illustrates how Hongta Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. See 601236 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hongta Securities Co Ltd (2005–2025)

The table below shows the annual net assets of Hongta Securities Co Ltd from 2005 to 2025. For live valuation and market cap data, see Hongta Securities Co Ltd (601236) total market value.

Year	Net Assets	Change
2025-12-31	CN¥25.48 Billion ≈ $3.73 Billion	+3.33%
2024-12-31	CN¥24.66 Billion ≈ $3.61 Billion	+5.66%
2023-12-31	CN¥23.34 Billion ≈ $3.42 Billion	+0.86%
2022-12-31	CN¥23.14 Billion ≈ $3.39 Billion	-1.92%
2021-12-31	CN¥23.59 Billion ≈ $3.45 Billion	+60.45%
2020-12-31	CN¥14.70 Billion ≈ $2.15 Billion	+7.96%
2019-12-31	CN¥13.62 Billion ≈ $1.99 Billion	+18.04%
2018-12-31	CN¥11.54 Billion ≈ $1.69 Billion	+3.49%
2017-12-31	CN¥11.15 Billion ≈ $1.63 Billion	-1.11%
2016-12-31	CN¥11.27 Billion ≈ $1.65 Billion	-2.19%
2015-12-31	CN¥11.53 Billion ≈ $1.69 Billion	+84.87%
2014-12-31	CN¥6.23 Billion ≈ $912.31 Million	+7.05%
2013-12-31	CN¥5.82 Billion ≈ $852.25 Million	+52.58%
2012-12-31	CN¥3.82 Billion ≈ $558.57 Million	+5.48%
2011-12-31	CN¥3.62 Billion ≈ $529.53 Million	-0.88%
2010-12-31	CN¥3.65 Billion ≈ $534.26 Million	-5.95%
2009-12-31	CN¥3.88 Billion ≈ $568.06 Million	+30.13%
2008-12-31	CN¥2.98 Billion ≈ $436.52 Million	-23.29%
2007-12-31	CN¥3.89 Billion ≈ $569.04 Million	+85.96%
2006-12-31	CN¥2.09 Billion ≈ $305.99 Million	+40.89%
2005-12-31	CN¥1.48 Billion ≈ $217.18 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hongta 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 4852.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.01 Billion	11.94%
Common Stock	CN¥4.72 Billion	18.69%
Other Comprehensive Income	CN¥5.34 Billion	21.16%
Other Components	CN¥12.16 Billion	48.20%
Total Equity	CN¥25.23 Billion	100.00%

Hongta Securities Co Ltd Competitors by Market Cap

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

Company	Market Cap
Addsino Co Ltd SHE:000547	$4.61 Billion
Axiata Group Bhd KLSE:6888	$4.61 Billion
SCOR.ADR1/10/EO-78769723 F:SDRB	$4.62 Billion
Jiangsu Guoxin Corp Ltd SHE:002608	$4.62 Billion
Bumrungrad Hospital Public Company Limited BK:BH-R	$4.61 Billion
CSN Mineração S.A SA:CMIN3	$4.60 Billion
China Southern Power Grid Technology Co Ltd SHG:688248	$4.60 Billion
Cavco Industries Inc NASDAQ:CVCO	$4.60 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 24,419,915,918 to 25,231,355,000, a change of 811,439,082 (3.3%).
Net income of 1,213,553,521 contributed positively to equity growth.
Dividend payments of 721,557,673 reduced retained earnings.
Share repurchases of 139,984,720 reduced equity.
Other comprehensive income increased equity by 774,399,417.
Other factors decreased equity by 314,971,463.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.21 Billion	+4.81%
Dividends Paid	CN¥721.56 Million	-2.86%
Share Repurchases	CN¥139.98 Million	-0.55%
Other Comprehensive Income	CN¥774.40 Million	+3.07%
Other Changes	CN¥-314.97 Million	-1.25%
Total Change	CN¥-	3.32%

Book Value vs Market Value Analysis

This analysis compares Hongta 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: 1.24x
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 6.97x to 1.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CN¥0.96	CN¥6.68	x
2006-12-31	CN¥1.35	CN¥6.68	x
2007-12-31	CN¥2.48	CN¥6.68	x
2008-12-31	CN¥1.87	CN¥6.68	x
2009-12-31	CN¥2.53	CN¥6.68	x
2010-12-31	CN¥2.35	CN¥6.68	x
2011-12-31	CN¥2.32	CN¥6.68	x
2012-12-31	CN¥2.46	CN¥6.68	x
2013-12-31	CN¥3.29	CN¥6.68	x
2014-12-31	CN¥2.66	CN¥6.68	x
2015-12-31	CN¥4.12	CN¥6.68	x
2016-12-31	CN¥3.00	CN¥6.68	x
2017-12-31	CN¥2.97	CN¥6.68	x
2018-12-31	CN¥3.14	CN¥6.68	x
2019-12-31	CN¥3.30	CN¥6.68	x
2020-12-31	CN¥3.56	CN¥6.68	x
2021-12-31	CN¥4.94	CN¥6.68	x
2022-12-31	CN¥4.85	CN¥6.68	x
2023-12-31	CN¥4.90	CN¥6.68	x
2024-12-31	CN¥5.11	CN¥6.68	x
2025-12-31	CN¥5.38	CN¥6.68	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hongta 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): 4.81%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 40.85%
• Asset Turnover: 0.05x
• Equity Multiplier: 2.46x
Recent ROE (4.81%) is below the historical average (7.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	5.47%	31.59%	0.12x	1.46x	CN¥-67.29 Million
2006	31.22%	58.56%	0.30x	1.78x	CN¥443.68 Million
2007	31.04%	55.15%	0.28x	2.05x	CN¥808.44 Million
2008	5.75%	37.77%	0.08x	1.80x	CN¥-126.84 Million
2009	8.14%	42.55%	0.08x	2.28x	CN¥-72.38 Million
2010	13.33%	43.62%	0.14x	2.13x	CN¥121.49 Million
2011	3.86%	25.15%	0.09x	1.75x	CN¥-222.27 Million
2012	2.55%	20.90%	0.05x	2.35x	CN¥-277.42 Million
2013	3.81%	28.53%	0.07x	1.85x	CN¥-354.73 Million
2014	7.75%	39.15%	0.11x	1.83x	CN¥-138.35 Million
2015	9.12%	52.80%	0.11x	1.59x	CN¥-100.22 Million
2016	2.98%	34.10%	0.06x	1.38x	CN¥-782.67 Million
2017	3.32%	32.55%	0.08x	1.31x	CN¥-729.42 Million
2018	3.42%	28.06%	0.05x	2.42x	CN¥-744.15 Million
2019	6.26%	28.86%	0.06x	3.40x	CN¥-500.25 Million
2020	9.80%	21.55%	0.17x	2.66x	CN¥-29.18 Million
2021	6.77%	21.41%	0.17x	1.90x	CN¥-753.26 Million
2022	0.17%	2.69%	0.03x	2.02x	CN¥-2.25 Billion
2023	1.35%	18.47%	0.04x	2.03x	CN¥-2.00 Billion
2024	3.13%	29.96%	0.04x	2.42x	CN¥-1.68 Billion
2025	4.81%	40.85%	0.05x	2.46x	CN¥-1.31 Billion

Industry Comparison

This section compares Hongta 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: $21,120,464,613
Average return on equity (ROE) among peers: -5.19%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hongta Securities Co Ltd (601236)	CN¥25.82 Billion	5.47%	1.41x	$4.61 Billion
Shenwan Hongyuan Group Co Ltd (000166)	$84.83 Billion	6.76%	3.58x	$14.54 Billion
Northeast Securities Co Ltd (000686)	$16.15 Billion	6.24%	3.22x	$2.67 Billion
Guangdong Golden Dragon Development Inc (000712)	$5.01 Billion	18.25%	2.97x	$1.19 Billion
Guoyuan Securities Co Ltd (000728)	$20.89 Billion	6.73%	2.43x	$4.49 Billion
Sealand Securities Co Ltd (000750)	$23.44 Billion	3.27%	1.94x	$3.36 Billion
GF Securities Co Ltd (000776)	$191.66 Million	-112.19%	1.27x	$17.83 Billion
Changjiang Securities Co Ltd (000783)	$30.86 Billion	4.89%	4.15x	$6.33 Billion
Shanxi Securities Co Ltd (002500)	$6.30 Billion	3.07%	1.08x	$2.67 Billion
Western Securities Co Ltd (002673)	$17.43 Billion	1.15%	2.00x	$4.21 Billion
Huaxi Securities Co Ltd Class A (002926)	$6.12 Billion	9.97%	1.68x	$3.05 Billion

About Hongta Securities Co Ltd

SHG:601236 China Capital Markets

Market Cap

$4.61 Billion

CN¥31.51 Billion CNY

Market Cap Rank

#3805 Global

#586 in China

Share Price

CN¥6.68

Change (1 day)

-3.61%

52-Week Range

CN¥6.46 - CN¥9.84

All Time High

CN¥25.75