Boc International China Co Ltd (601696) - Net Assets
Based on the latest financial reports, Boc International China Co Ltd (601696) has net assets worth CN¥18.54 Billion CNY (≈ $2.71 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥72.56 Billion ≈ $10.62 Billion USD) and total liabilities (CN¥54.02 Billion ≈ $7.91 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 601696 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥18.54 Billion |
| % of Total Assets | 25.55% |
| Annual Growth Rate | 6.69% |
| 5-Year Change | 19.88% |
| 10-Year Change | N/A |
| Growth Volatility | 4.33 |
Boc International China Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Boc International China Co Ltd's net assets have evolved over time, based on quarterly financial data. See Boc International China Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Boc International China Co Ltd (2016–2024)
The table below shows the annual net assets of Boc International China Co Ltd from 2016 to 2024. For live valuation and market cap data, see market value of Boc International China Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.99 Billion ≈ $2.63 Billion |
+4.45% |
| 2023-12-31 | CN¥17.22 Billion ≈ $2.52 Billion |
+4.94% |
| 2022-12-31 | CN¥16.41 Billion ≈ $2.40 Billion |
+4.47% |
| 2021-12-31 | CN¥15.71 Billion ≈ $2.30 Billion |
+4.68% |
| 2020-12-31 | CN¥15.01 Billion ≈ $2.20 Billion |
+17.81% |
| 2019-12-31 | CN¥12.74 Billion ≈ $1.86 Billion |
+5.75% |
| 2018-12-31 | CN¥12.05 Billion ≈ $1.76 Billion |
+4.07% |
| 2017-12-31 | CN¥11.57 Billion ≈ $1.69 Billion |
+7.99% |
| 2016-12-31 | CN¥10.72 Billion ≈ $1.57 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Boc International 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 decreased by 52.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.28 Billion | 18.25% |
| Other Components | CN¥14.70 Billion | 81.75% |
| Total Equity | CN¥17.99 Billion | 100.00% |
Boc International China Co Ltd Competitors by Market Cap
The table below lists competitors of Boc International China Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Open Text Corp
NASDAQ:OTEX
|
$5.18 Billion |
|
Legend Biotech Corp
NASDAQ:LEGN
|
$5.19 Billion |
|
ICL Israel Chemicals Ltd
TA:ICL
|
$5.19 Billion |
|
Perseus Mining Ltd
AU:PRU
|
$5.19 Billion |
|
Compal Electronics Inc
TW:2324
|
$5.18 Billion |
|
All Winner Technology Co Ltd
SHE:300458
|
$5.18 Billion |
|
EVN AG
VI:EVN
|
$5.18 Billion |
|
Sai Gon Thuong Tin Commercial Joint Stock Bank
VN:STB
|
$5.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boc International China Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,216,381,735 to 17,985,641,216, a change of 769,259,481 (4.5%).
- Net income of 906,421,274 contributed positively to equity growth.
- Dividend payments of 370,942,808 reduced retained earnings.
- Other factors increased equity by 233,781,015.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥906.42 Million | +5.04% |
| Dividends Paid | CN¥370.94 Million | -2.06% |
| Other Changes | CN¥233.78 Million | +1.3% |
| Total Change | CN¥- | 4.47% |
Book Value vs Market Value Analysis
This analysis compares Boc International 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: 1.97x
- 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 2.75x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.63 | CN¥12.75 | x |
| 2018-12-31 | CN¥4.82 | CN¥12.75 | x |
| 2019-12-31 | CN¥5.09 | CN¥12.75 | x |
| 2020-12-31 | CN¥5.40 | CN¥12.75 | x |
| 2021-12-31 | CN¥5.65 | CN¥12.75 | x |
| 2022-12-31 | CN¥5.90 | CN¥12.75 | x |
| 2023-12-31 | CN¥6.20 | CN¥12.75 | x |
| 2024-12-31 | CN¥6.47 | CN¥12.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boc International 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): 5.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.39%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 4.16x
- Recent ROE (5.04%) is below the historical average (6.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.94% | 37.64% | 0.06x | 4.26x | CN¥-6.01 Million |
| 2017 | 9.22% | 34.79% | 0.07x | 4.02x | CN¥-90.01 Million |
| 2018 | 5.85% | 25.59% | 0.06x | 3.92x | CN¥-499.24 Million |
| 2019 | 6.27% | 27.45% | 0.06x | 3.79x | CN¥-475.06 Million |
| 2020 | 5.89% | 27.22% | 0.06x | 3.60x | CN¥-616.76 Million |
| 2021 | 6.12% | 28.85% | 0.05x | 3.99x | CN¥-608.61 Million |
| 2022 | 4.92% | 27.29% | 0.05x | 3.92x | CN¥-832.48 Million |
| 2023 | 5.23% | 30.63% | 0.04x | 4.03x | CN¥-820.95 Million |
| 2024 | 5.04% | 31.39% | 0.04x | 4.16x | CN¥-892.14 Million |
Industry Comparison
This section compares Boc International China 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 |
|---|---|---|---|---|
| Boc International China Co Ltd (601696) | CN¥18.54 Billion | 9.94% | 2.91x | $5.18 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 Boc International China Co Ltd
BOC International (China) CO., LTD., together with its subsidiaries, provides investment banking and securities services in the People's Republic of China. The company offers equity and debt financing, and financial advisory services; and wealth management, brokerage, credit, intermediary, stock, and other services. It also provides securities brokerage; securities investment consulting; securiti… Read more