Postal Savings Bank of China Co Ltd (601658) - Net Assets
Based on the latest financial reports, Postal Savings Bank of China Co Ltd (601658) has net assets worth CN¥1.17 Trillion CNY (≈ $170.60 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¥18.61 Trillion ≈ $2.72 Trillion USD) and total liabilities (CN¥17.44 Trillion ≈ $2.55 Trillion 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. Read Postal Savings Bank of China Co Ltd (601658) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.17 Trillion |
| % of Total Assets | 6.27% |
| Annual Growth Rate | -12.06% |
| 5-Year Change | 73.99% |
| 10-Year Change | 280.92% |
| Growth Volatility | 34.55 |
Postal Savings Bank of China Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Postal Savings Bank of China Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 601658 total assets for the complete picture of this company's asset base.
Annual Net Assets for Postal Savings Bank of China Co Ltd (2012–2024)
The table below shows the annual net assets of Postal Savings Bank of China Co Ltd from 2012 to 2024. For live valuation and market cap data, see 601658 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Trillion ≈ $150.96 Billion |
+31.15% |
| 2023-12-31 | CN¥786.63 Billion ≈ $115.11 Billion |
+14.70% |
| 2022-12-31 | CN¥685.83 Billion ≈ $100.36 Billion |
+0.04% |
| 2021-12-31 | CN¥685.56 Billion ≈ $100.32 Billion |
+15.62% |
| 2020-12-31 | CN¥592.94 Billion ≈ $86.77 Billion |
+8.82% |
| 2019-12-31 | CN¥544.88 Billion ≈ $79.73 Billion |
+14.64% |
| 2018-12-31 | CN¥475.31 Billion ≈ $69.55 Billion |
+10.19% |
| 2017-12-31 | CN¥431.36 Billion ≈ $63.12 Billion |
+24.35% |
| 2016-12-31 | CN¥346.89 Billion ≈ $50.76 Billion |
+28.08% |
| 2015-12-31 | CN¥270.83 Billion ≈ $39.63 Billion |
+44.13% |
| 2014-12-31 | CN¥187.91 Billion ≈ $27.50 Billion |
+33.22% |
| 2013-12-31 | CN¥141.05 Billion ≈ $20.64 Billion |
-97.08% |
| 2012-12-31 | CN¥4.83 Trillion ≈ $706.17 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Postal Savings Bank of China 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 761.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥558.77 Billion | 54.27% |
| Common Stock | CN¥99.16 Billion | 9.63% |
| Other Comprehensive Income | CN¥211.49 Billion | 20.54% |
| Other Components | CN¥160.25 Billion | 15.56% |
| Total Equity | CN¥1.03 Trillion | 100.00% |
Postal Savings Bank of China Co Ltd Competitors by Market Cap
The table below lists competitors of Postal Savings Bank of China Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cummins Inc
NYSE:CMI
|
$74.50 Billion |
|
Cigna Corp
NYSE:CI
|
$74.53 Billion |
|
Monster Beverage Corp
NASDAQ:MNST
|
$74.53 Billion |
|
Eni SpA ADR
NYSE:E
|
$74.54 Billion |
|
Caixabank SA
MC:CABK
|
$74.28 Billion |
|
Illinois Tool Works Inc
NYSE:ITW
|
$73.60 Billion |
|
National Grid plc
F:NNGD
|
$73.58 Billion |
|
Ecolab Inc
NYSE:ECL
|
$73.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Postal Savings Bank of China Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 784,887,000,000 to 1,029,669,000,000, a change of 244,782,000,000 (31.2%).
- Net income of 86,479,000,000 contributed positively to equity growth.
- Dividend payments of 37,648,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 64,684,000,000.
- Other factors increased equity by 260,635,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥86.48 Billion | +8.4% |
| Dividends Paid | CN¥37.65 Billion | -3.66% |
| Other Comprehensive Income | CN¥-64.68 Billion | -6.28% |
| Other Changes | CN¥260.63 Billion | +25.31% |
| Total Change | CN¥- | 31.19% |
Book Value vs Market Value Analysis
This analysis compares Postal Savings Bank of China 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: 0.49x
- 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 1.99x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.55 | CN¥5.07 | x |
| 2013-12-31 | CN¥3.13 | CN¥5.07 | x |
| 2014-12-31 | CN¥3.99 | CN¥5.07 | x |
| 2015-12-31 | CN¥3.34 | CN¥5.07 | x |
| 2016-12-31 | CN¥4.83 | CN¥5.07 | x |
| 2017-12-31 | CN¥5.32 | CN¥5.07 | x |
| 2018-12-31 | CN¥5.85 | CN¥5.07 | x |
| 2019-12-31 | CN¥6.69 | CN¥5.07 | x |
| 2020-12-31 | CN¥6.81 | CN¥5.07 | x |
| 2021-12-31 | CN¥7.41 | CN¥5.07 | x |
| 2022-12-31 | CN¥7.41 | CN¥5.07 | x |
| 2023-12-31 | CN¥8.05 | CN¥5.07 | x |
| 2024-12-31 | CN¥10.38 | CN¥5.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Postal Savings Bank of China 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): 8.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.96%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 16.59x
- Recent ROE (8.40%) is below the historical average (13.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 24.70% | 23.45% | 0.02x | 42.68x | CN¥16.88 Billion |
| 2013 | 21.03% | 21.73% | 0.02x | 39.55x | CN¥15.56 Billion |
| 2014 | 17.33% | 21.22% | 0.02x | 33.52x | CN¥13.78 Billion |
| 2015 | 12.89% | 21.13% | 0.02x | 26.98x | CN¥7.81 Billion |
| 2016 | 11.49% | 23.05% | 0.02x | 23.85x | CN¥5.15 Billion |
| 2017 | 11.06% | 24.07% | 0.02x | 20.91x | CN¥4.59 Billion |
| 2018 | 11.03% | 25.50% | 0.02x | 20.06x | CN¥4.87 Billion |
| 2019 | 11.20% | 27.48% | 0.02x | 18.79x | CN¥6.55 Billion |
| 2020 | 10.85% | 27.19% | 0.02x | 19.19x | CN¥5.02 Billion |
| 2021 | 11.13% | 27.96% | 0.02x | 18.40x | CN¥7.76 Billion |
| 2022 | 12.46% | 28.40% | 0.02x | 20.56x | CN¥16.80 Billion |
| 2023 | 10.99% | 27.24% | 0.02x | 20.04x | CN¥7.78 Billion |
| 2024 | 8.40% | 26.96% | 0.02x | 16.59x | CN¥-16.49 Billion |
Industry Comparison
This section compares Postal Savings Bank of China Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $28,244,587,797
- Average return on equity (ROE) among peers: 13.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Postal Savings Bank of China Co Ltd (601658) | CN¥1.17 Trillion | 24.70% | 14.96x | $74.37 Billion |
| Ping An Bank Co Ltd (000001) | $3.68 Billion | 19.42% | 9.72x | $32.63 Billion |
| Bank of Ningbo Co Ltd (002142) | $149.94 Billion | 13.04% | 12.44x | $32.08 Billion |
| Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) | $11.87 Billion | 8.53% | 9.64x | $1.65 Billion |
| Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) | $15.73 Billion | 10.70% | 10.93x | $1.63 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $39.89 Billion | 8.24% | 11.55x | $1.89 Billion |
| Bank of Qingdao Co Ltd (002948) | $3.94 Billion | 10.69% | 9.97x | $3.14 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $13.49 Billion | 13.82% | 11.24x | $2.47 Billion |
| Bank of Suzhou (002966) | $28.95 Billion | 8.54% | 10.86x | $5.57 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $13.51 Billion | 14.29% | 32.72x | $45.18 Billion |
| Hua Xia Bank Co Ltd (600015) | $1.46 Billion | 26.35% | 67.59x | $16.05 Billion |
About Postal Savings Bank of China Co Ltd
Postal Savings Bank of China Co., Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People's Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; credit, mortgage, government, farmer, and merchant… Read more