Agricultural Bank of China Ltd Class A (601288) - Net Assets

Latest as of December 2025: CN¥3.24 Trillion CNY

Based on the latest financial reports, Agricultural Bank of China Ltd Class A (601288) has net assets worth CN¥3.24 Trillion CNY as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥48.78 Trillion) and total liabilities (CN¥45.54 Trillion). 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¥3.24 Trillion
% of Total Assets	6.65%
Annual Growth Rate	14.78%
5-Year Change	33.95%
10-Year Change	145.41%
Growth Volatility	204.22

Agricultural Bank of China Ltd Class A - Net Assets Trend (2002–2025)

This chart illustrates how Agricultural Bank of China Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Agricultural Bank of China Ltd Class A (2002–2025)

The table below shows the annual net assets of Agricultural Bank of China Ltd Class A from 2002 to 2025.

Year	Net Assets	Change
2025-12-31	CN¥3.24 Trillion	+4.72%
2024-12-31	CN¥3.10 Trillion	+6.92%
2023-12-31	CN¥2.90 Trillion	+8.34%
2022-12-31	CN¥2.67 Trillion	+10.42%
2021-12-31	CN¥2.42 Trillion	+9.53%
2020-12-31	CN¥2.21 Trillion	+13.15%
2019-12-31	CN¥1.95 Trillion	+16.66%
2018-12-31	CN¥1.67 Trillion	+17.17%
2017-12-31	CN¥1.43 Trillion	+8.16%
2016-12-31	CN¥1.32 Trillion	+9.05%
2015-12-31	CN¥1.21 Trillion	+17.36%
2014-12-31	CN¥1.03 Trillion	+22.27%
2013-12-31	CN¥844.54 Billion	+12.40%
2012-12-31	CN¥751.35 Billion	+15.63%
2011-12-31	CN¥649.79 Billion	+19.83%
2010-12-31	CN¥542.24 Billion	+58.12%
2009-12-31	CN¥342.93 Billion	+18.03%
2008-12-31	CN¥290.54 Billion	+139.93%
2007-12-31	CN¥-727.61 Billion	-966.18%
2006-12-31	CN¥84.00 Billion	+5.52%
2005-12-31	CN¥79.61 Billion	+1.98%
2004-12-31	CN¥78.06 Billion	-43.42%
2003-12-31	CN¥137.97 Billion	+1.42%
2002-12-31	CN¥136.04 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Agricultural Bank of China Ltd Class A'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 127260300000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.27 Trillion	39.31%
Other Components	CN¥1.96 Trillion	60.69%
Total Equity	CN¥3.24 Trillion	100.00%

Agricultural Bank of China Ltd Class A Competitors by Market Cap

The table below lists competitors of Agricultural Bank of China Ltd Class A ranked by their market capitalization.

Company	Market Cap
The Procter & Gamble Company SA:PGCO34	$332.61 Billion
Palantir Technologies Inc. NASDAQ:PLTR	$335.45 Billion
Alibaba Group Holding Ltd NYSE:BABA	$336.64 Billion
Procter & Gamble Company NYSE:PG	$343.34 Billion
Palantir Technologies Inc. Class A Common Stock NYSE:PLTR	$324.25 Billion
GE Aerospace NYSE:GE	$318.98 Billion
AstraZeneca PLC NASDAQ:AZN	$317.50 Billion
General Electric Company SA:GEOO34	$315.72 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Agricultural Bank of China Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,090,808,000,000 to 3,237,182,000,000, a change of 146,374,000,000 (4.7%).
Net income of 291,041,000,000 contributed positively to equity growth.
Dividend payments of 232,861,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 675,235,000,000.
Other factors increased equity by 763,429,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥291.04 Billion	+8.99%
Dividends Paid	CN¥232.86 Billion	-7.19%
Other Comprehensive Income	CN¥-675.24 Billion	-20.86%
Other Changes	CN¥763.43 Billion	+23.58%
Total Change	CN¥-	4.74%

Book Value vs Market Value Analysis

This analysis compares Agricultural Bank of China Ltd Class A'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: 0.76x
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 23.51x to 0.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CN¥0.30	CN¥7.06	x
2005-12-31	CN¥0.31	CN¥7.06	x
2006-12-31	CN¥0.32	CN¥7.06	x
2007-12-31	CN¥-2.80	CN¥7.06	x
2008-12-31	CN¥1.12	CN¥7.06	x
2009-12-31	CN¥1.32	CN¥7.06	x
2010-12-31	CN¥1.89	CN¥7.06	x
2011-12-31	CN¥2.02	CN¥7.06	x
2012-12-31	CN¥2.31	CN¥7.06	x
2013-12-31	CN¥2.60	CN¥7.06	x
2014-12-31	CN¥3.16	CN¥7.06	x
2015-12-31	CN¥3.73	CN¥7.06	x
2016-12-31	CN¥4.04	CN¥7.06	x
2017-12-31	CN¥4.39	CN¥7.06	x
2018-12-31	CN¥4.95	CN¥7.06	x
2019-12-31	CN¥5.57	CN¥7.06	x
2020-12-31	CN¥6.30	CN¥7.06	x
2021-12-31	CN¥6.90	CN¥7.06	x
2022-12-31	CN¥7.62	CN¥7.06	x
2023-12-31	CN¥8.26	CN¥7.06	x
2024-12-31	CN¥8.83	CN¥7.06	x
2025-12-31	CN¥9.25	CN¥7.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Agricultural Bank of China Ltd Class A 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): 8.99%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 40.19%
• Asset Turnover: 0.01x
• Equity Multiplier: 15.07x
Recent ROE (8.99%) is below the historical average (11.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	2.57%	1.81%	0.03x	51.42x	CN¥-5.80 Billion
2005	1.31%	0.89%	0.02x	59.93x	CN¥-6.92 Billion
2006	6.91%	3.46%	0.03x	63.62x	CN¥-2.59 Billion
2007	0.00%	24.43%	0.03x	0.00x	CN¥116.55 Billion
2008	17.72%	24.37%	0.03x	24.15x	CN¥22.43 Billion
2009	18.96%	29.24%	0.03x	25.91x	CN¥30.71 Billion
2010	17.50%	32.67%	0.03x	19.07x	CN¥40.67 Billion
2011	18.77%	32.29%	0.03x	17.98x	CN¥56.97 Billion
2012	19.35%	39.14%	0.03x	17.66x	CN¥70.11 Billion
2013	19.73%	40.29%	0.03x	17.27x	CN¥82.00 Billion
2014	17.41%	39.34%	0.03x	15.49x	CN¥76.35 Billion
2015	14.92%	39.54%	0.03x	14.70x	CN¥59.57 Billion
2016	13.95%	43.41%	0.02x	14.85x	CN¥52.12 Billion
2017	13.53%	43.38%	0.02x	14.76x	CN¥50.32 Billion
2018	12.14%	43.52%	0.02x	13.54x	CN¥35.75 Billion
2019	10.89%	43.22%	0.02x	12.77x	CN¥17.26 Billion
2020	9.79%	43.65%	0.02x	12.34x	CN¥-4.55 Billion
2021	9.99%	43.39%	0.02x	12.04x	CN¥-277.50 Million
2022	9.72%	47.13%	0.02x	12.72x	CN¥-7.57 Billion
2023	9.32%	48.17%	0.01x	13.80x	CN¥-19.57 Billion
2024	9.13%	48.66%	0.01x	13.99x	CN¥-27.00 Billion
2025	8.99%	40.19%	0.01x	15.07x	CN¥-32.68 Billion

Industry Comparison

This section compares Agricultural Bank of China Ltd Class A's net assets metrics with peer companies in the Banks - Diversified industry.

Industry Context

Industry: Banks - Diversified
Average net assets among peers: $3,987,266,000,000
Average return on equity (ROE) among peers: 9.18%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Agricultural Bank of China Ltd Class A (601288)	CN¥3.24 Trillion	2.57%	14.04x	$329.81 Billion
Industrial and Commercial Bank of China Ltd (601398)	$3.99 Trillion	9.18%	11.24x	$293.53 Billion

About Agricultural Bank of China Ltd Class A

SHG:601288 China Banks - Diversified

Market Cap

$329.81 Billion

CN¥2.25 Trillion CNY

Market Cap Rank

#42 Global

#1 in China

Share Price

CN¥7.06

Change (1 day)

+0.86%

52-Week Range

CN¥5.37 - CN¥8.59

All Time High

CN¥8.59