Bank of Changsha Co Ltd

SHG:601577 China Banks - Regional
Market Cap
$5.37 Billion
CN¥39.37 Billion CNY
Market Cap Rank
#4299 Global
#419 in China
Share Price
CN¥9.79
Change (1 day)
-0.10%
52-Week Range
CN¥8.83 - CN¥10.62
All Time High
CN¥10.62
About

Bank of Changsha Co., Ltd. provides various banking products and services to personal and business customers in China. The company operates through four segments: Corporate Business, Personal Banking, Fund Business, and Other Businesses. The Corporate Business segment offers deposits, loans, settlements, trade-related products and other services. The Personal Banking segment provides deposits, cr… Read more

Bank of Changsha Co Ltd (601577) - Net Assets

Latest net assets as of September 2025: CN¥78.21 Billion CNY

Based on the latest financial reports, Bank of Changsha Co Ltd (601577) has net assets worth CN¥78.21 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¥1.24 Trillion) and total liabilities (CN¥1.17 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¥78.21 Billion
% of Total Assets 6.29%
Annual Growth Rate 26.8%
5-Year Change -85.69%
10-Year Change 350.99%
Growth Volatility 320.17

Bank of Changsha Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Bank of Changsha 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 Bank of Changsha Co Ltd (2007–2024)

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

Year Net Assets Change
2024-12-31 CN¥80.35 Billion +17.61%
2023-12-31 CN¥68.32 Billion -90.63%
2022-12-31 CN¥729.07 Billion +15.25%
2021-12-31 CN¥632.58 Billion +12.69%
2020-12-31 CN¥561.36 Billion +19.73%
2019-12-31 CN¥468.84 Billion +1375.22%
2018-12-31 CN¥31.78 Billion +32.44%
2017-12-31 CN¥24.00 Billion +17.85%
2016-12-31 CN¥20.36 Billion +14.29%
2015-12-31 CN¥17.82 Billion +34.44%
2014-12-31 CN¥13.25 Billion +41.21%
2013-12-31 CN¥9.38 Billion +24.57%
2012-12-31 CN¥7.53 Billion +29.08%
2011-12-31 CN¥5.84 Billion +27.51%
2010-12-31 CN¥4.58 Billion +88.60%
2009-12-31 CN¥2.43 Billion +23.77%
2008-12-31 CN¥1.96 Billion +38.20%
2007-12-31 CN¥1.42 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Bank of Changsha 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 7657.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥34.30 Billion 43.97%
Common Stock CN¥4.02 Billion 5.15%
Other Comprehensive Income CN¥17.52 Billion 22.45%
Other Components CN¥22.17 Billion 28.42%
Total Equity CN¥78.01 Billion 100.00%

Bank of Changsha Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 66,108,998,000 to 78,013,645,000, a change of 11,904,647,000 (18.0%).
  • Net income of 7,826,575,000 contributed positively to equity growth.
  • Dividend payments of 3,131,229,000 reduced retained earnings.
  • Other comprehensive income increased equity by 2,814,097,000.
  • Other factors increased equity by 4,395,204,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥7.83 Billion +10.03%
Dividends Paid CN¥3.13 Billion -4.01%
Other Comprehensive Income CN¥2.81 Billion +3.61%
Other Changes CN¥4.40 Billion +5.63%
Total Change CN¥- 18.01%

Book Value vs Market Value Analysis

This analysis compares Bank of Changsha 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: 0.53x
  • 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 8.15x to 0.53x 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¥1.20 CN¥9.79 x
2008-12-31 CN¥1.67 CN¥9.79 x
2009-12-31 CN¥2.00 CN¥9.79 x
2010-12-31 CN¥3.14 CN¥9.79 x
2011-12-31 CN¥2.84 CN¥9.79 x
2012-12-31 CN¥3.49 CN¥9.79 x
2013-12-31 CN¥4.05 CN¥9.79 x
2014-12-31 CN¥5.81 CN¥9.79 x
2015-12-31 CN¥6.31 CN¥9.79 x
2016-12-31 CN¥6.50 CN¥9.79 x
2017-12-31 CN¥7.58 CN¥9.79 x
2018-12-31 CN¥9.83 CN¥9.79 x
2019-12-31 CN¥11.88 CN¥9.79 x
2020-12-31 CN¥12.96 CN¥9.79 x
2021-12-31 CN¥13.68 CN¥9.79 x
2022-12-31 CN¥14.98 CN¥9.79 x
2023-12-31 CN¥16.44 CN¥9.79 x
2024-12-31 CN¥18.64 CN¥9.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bank of Changsha 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): 10.03%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 45.78%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 14.70x
  • Recent ROE (10.03%) is below the historical average (18.67%), 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 21.69% 21.30% 0.03x 38.64x CN¥165.92 Million
2008 37.67% 27.59% 0.05x 29.06x CN¥542.51 Million
2009 32.44% 32.32% 0.04x 26.86x CN¥539.11 Million
2010 19.57% 28.40% 0.04x 18.83x CN¥423.59 Million
2011 24.79% 29.97% 0.04x 21.80x CN¥839.35 Million
2012 26.04% 26.54% 0.04x 22.13x CN¥1.18 Billion
2013 23.88% 24.71% 0.05x 21.06x CN¥1.28 Billion
2014 18.46% 21.37% 0.05x 16.59x CN¥1.11 Billion
2015 15.53% 19.60% 0.05x 16.22x CN¥972.44 Million
2016 16.00% 19.10% 0.04x 19.23x CN¥1.20 Billion
2017 16.88% 19.26% 0.04x 20.21x CN¥1.60 Billion
2018 14.45% 18.09% 0.05x 16.99x CN¥1.38 Billion
2019 12.50% 16.92% 0.05x 14.82x CN¥1.02 Billion
2020 12.04% 16.54% 0.05x 15.89x CN¥905.07 Million
2021 11.46% 17.06% 0.05x 14.47x CN¥802.18 Million
2022 11.31% 16.74% 0.04x 15.02x CN¥786.94 Million
2023 11.29% 16.58% 0.04x 15.43x CN¥852.05 Million
2024 10.03% 45.78% 0.01x 14.70x CN¥25.21 Million

Industry Comparison

This section compares Bank of Changsha Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $116,953,909,148
  • Average return on equity (ROE) among peers: 14.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bank of Changsha Co Ltd (601577) CN¥78.21 Billion 21.69% 14.90x $2.54 Billion
Ping An Bank Co Ltd (000001) $240.04 Billion 10.34% 13.24x $11.97 Billion
Bank of Ningbo Co Ltd (002142) $57.21 Billion 16.32% 17.04x $12.56 Billion
Bank of Zhengzhou Co Ltd Class A (002936) $21.86 Billion 18.29% 15.75x $1.61 Billion
Qingdao Rural Commercial Bank Corp Class A (002958) $10.54 Billion 15.66% 10.92x $1.41 Billion
Bank of Suzhou (002966) $15.64 Billion 10.22% 9.48x $3.53 Billion
Shanghai Pudong Development Bank Co Ltd (600000) $68.09 Billion 19.41% 22.83x $19.89 Billion
Hua Xia Bank Co Ltd (600015) $63.93 Billion 14.43% 18.46x $4.17 Billion
China Minsheng Banking Corp Ltd (600016) $637.80 Billion 5.62% 11.03x $12.93 Billion
Wuxi Rural Commercial Bank Co Ltd (600908) $6.54 Billion 14.16% 14.98x $1.14 Billion
Bank of Jiangsu Co Ltd (600919) $47.90 Billion 17.09% 14.94x $19.95 Billion