Everbright Securities Co Ltd

SHG:601788 China Capital Markets
Market Cap
$8.59 Billion
CN¥63.02 Billion CNY
Market Cap Rank
#2672 Global
#184 in China
Share Price
CN¥16.13
Change (1 day)
-0.31%
52-Week Range
CN¥15.52 - CN¥20.78
All Time High
CN¥28.30
About

Everbright Securities Company Limited, together with its subsidiaries, operates as a securities company in Mainland China and internationally. It operates through Wealth Management Business; Corporate Financing Business; Institutional Customer Business; Investment Trading Business; Asset Management Business; Equity Investment Business; and Others segments. The company offers securities and future… Read more

Everbright Securities Co Ltd (601788) - Net Assets

Latest net assets as of September 2025: CN¥60.67 Billion CNY

Based on the latest financial reports, Everbright Securities Co Ltd (601788) has net assets worth CN¥60.67 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¥305.44 Billion) and total liabilities (CN¥244.76 Billion). 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¥60.67 Billion
% of Total Assets 19.86%
Annual Growth Rate 17.73%
5-Year Change 30.13%
10-Year Change 63.17%
Growth Volatility 313.82

Everbright Securities Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Everbright Securities 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 Everbright Securities Co Ltd (2006–2024)

The table below shows the annual net assets of Everbright Securities Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥69.22 Billion +1.96%
2023-12-31 CN¥67.90 Billion +4.80%
2022-12-31 CN¥64.78 Billion +10.56%
2021-12-31 CN¥58.60 Billion +10.15%
2020-12-31 CN¥53.20 Billion +8.52%
2019-12-31 CN¥49.02 Billion +0.54%
2018-12-31 CN¥48.76 Billion -2.53%
2017-12-31 CN¥50.02 Billion +2.85%
2016-12-31 CN¥48.64 Billion +14.65%
2015-12-31 CN¥42.42 Billion +59.37%
2014-12-31 CN¥26.62 Billion +12.77%
2013-12-31 CN¥23.61 Billion +3.04%
2012-12-31 CN¥22.91 Billion -47.12%
2011-12-31 CN¥43.33 Billion -27.27%
2010-12-31 CN¥59.57 Billion -3.94%
2009-12-31 CN¥62.02 Billion +86.38%
2008-12-31 CN¥33.27 Billion -38.23%
2007-12-31 CN¥53.87 Billion +1369.64%
2006-12-31 CN¥3.67 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Everbright 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 1622.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥15.17 Billion 22.18%
Common Stock CN¥4.61 Billion 6.74%
Other Comprehensive Income CN¥23.21 Billion 33.94%
Other Components CN¥25.40 Billion 37.14%
Total Equity CN¥68.39 Billion 100.00%

Everbright Securities Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 67,088,608,369 to 68,390,255,000, a change of 1,301,646,631 (1.9%).
  • Net income of 3,058,464,452 contributed positively to equity growth.
  • Dividend payments of 3,604,376,405 reduced retained earnings.
  • Other comprehensive income increased equity by 23,209,066,000.
  • Other factors decreased equity by 21,361,507,416.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.06 Billion +4.47%
Dividends Paid CN¥3.60 Billion -5.27%
Other Comprehensive Income CN¥23.21 Billion +33.94%
Other Changes CN¥-21.36 Billion -31.23%
Total Change CN¥- 1.94%

Book Value vs Market Value Analysis

This analysis compares Everbright 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: 1.09x
  • 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 10.76x to 1.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥1.50 CN¥16.13 x
2007-12-31 CN¥3.59 CN¥16.13 x
2008-12-31 CN¥3.63 CN¥16.13 x
2009-12-31 CN¥7.31 CN¥16.13 x
2010-12-31 CN¥6.61 CN¥16.13 x
2011-12-31 CN¥6.26 CN¥16.13 x
2012-12-31 CN¥6.41 CN¥16.13 x
2013-12-31 CN¥6.68 CN¥16.13 x
2014-12-31 CN¥7.55 CN¥16.13 x
2015-12-31 CN¥11.31 CN¥16.13 x
2016-12-31 CN¥11.58 CN¥16.13 x
2017-12-31 CN¥10.53 CN¥16.13 x
2018-12-31 CN¥10.23 CN¥16.13 x
2019-12-31 CN¥10.29 CN¥16.13 x
2020-12-31 CN¥11.38 CN¥16.13 x
2021-12-31 CN¥12.55 CN¥16.13 x
2022-12-31 CN¥13.88 CN¥16.13 x
2023-12-31 CN¥14.55 CN¥16.13 x
2024-12-31 CN¥14.83 CN¥16.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Everbright 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): 4.47%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 25.10%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 4.28x
  • Recent ROE (4.47%) is below the historical average (9.85%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 25.34% 45.19% 0.14x 3.88x CN¥555.94 Million
2007 46.81% 48.01% 0.18x 5.38x CN¥3.69 Billion
2008 12.97% 39.45% 0.10x 3.15x CN¥312.77 Million
2009 12.59% 50.25% 0.09x 2.76x CN¥581.01 Million
2010 9.69% 42.60% 0.09x 2.62x CN¥-71.54 Million
2011 7.19% 32.83% 0.11x 2.02x CN¥-603.15 Million
2012 4.52% 25.27% 0.07x 2.63x CN¥-1.21 Billion
2013 0.90% 5.20% 0.07x 2.36x CN¥-2.08 Billion
2014 8.01% 31.62% 0.06x 4.45x CN¥-512.60 Million
2015 18.89% 46.35% 0.08x 4.87x CN¥3.60 Billion
2016 6.38% 33.09% 0.05x 3.76x CN¥-1.71 Billion
2017 6.21% 22.12% 0.07x 4.24x CN¥-1.84 Billion
2018 0.22% 0.82% 0.06x 4.36x CN¥-4.62 Billion
2019 1.20% 3.96% 0.07x 4.30x CN¥-4.18 Billion
2020 4.45% 11.97% 0.09x 4.36x CN¥-2.91 Billion
2021 6.02% 17.10% 0.09x 4.13x CN¥-2.30 Billion
2022 4.98% 22.90% 0.05x 4.04x CN¥-3.21 Billion
2023 6.37% 32.35% 0.05x 3.87x CN¥-2.44 Billion
2024 4.47% 25.10% 0.04x 4.28x CN¥-3.78 Billion

Industry Comparison

This section compares Everbright 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: $11,344,603,876
  • Average return on equity (ROE) among peers: 8.11%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Everbright Securities Co Ltd (601788) CN¥60.67 Billion 25.34% 4.03x $5.26 Billion
Shenwan Hongyuan Group Co Ltd (000166) $22.66 Billion 20.66% 5.15x $10.62 Billion
Northeast Securities Co Ltd (000686) $461.67 Million 2.59% 0.21x $1.48 Billion
Guangdong Golden Dragon Development Inc (000712) $73.08 Million 14.30% 0.84x $918.81 Million
Sealand Securities Co Ltd (000750) $3.01 Billion 4.43% 2.79x $2.84 Billion
Changjiang Securities Co Ltd (000783) $34.77 Billion 4.45% 3.91x $3.30 Billion
Holly Futures Co. Ltd. A (001236) $1.68 Billion 4.77% 3.81x $574.81 Million
Shanxi Securities Co Ltd (002500) $13.26 Billion 3.08% 2.89x $1.46 Billion
Western Securities Co Ltd (002673) $3.12 Billion 17.19% 2.98x $2.22 Billion
Huaxi Securities Co Ltd Class A (002926) $6.33 Billion 6.39% 1.72x $1.40 Billion
China Great Wall Securities Co Ltd Class A (002939) $28.08 Billion 3.20% 2.57x $1.51 Billion