Jiangsu Zijin Rural Commercial Bank Co Ltd

SHG:601860 China Banks - Regional
Market Cap
$1.40 Billion
CN¥10.25 Billion CNY
Market Cap Rank
#7356 Global
#1208 in China
Share Price
CN¥2.80
Change (1 day)
-1.75%
52-Week Range
CN¥2.62 - CN¥3.30
All Time High
CN¥10.27
About

Jiangsu Zijin Rural Commercial Bank Co.,Ltd provides various banking products and services to personal and business customers. The company offers deposits; loans; foreign currency deposits, international settlement, trade finance, and treasury services; and financial industry and investment banking services. It also offers debit and credit cards; and mobile and Internet banking services, as well … Read more

Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) - Net Assets

Latest net assets as of September 2025: CN¥20.43 Billion CNY

Based on the latest financial reports, Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) has net assets worth CN¥20.43 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¥286.03 Billion) and total liabilities (CN¥265.61 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¥20.43 Billion
% of Total Assets 7.14%
Annual Growth Rate 16.79%
5-Year Change -89.41%
10-Year Change 230.87%
Growth Volatility 316.71

Jiangsu Zijin Rural Commercial Bank Co Ltd - Net Assets Trend (2010–2024)

This chart illustrates how Jiangsu Zijin Rural Commercial Bank 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 Jiangsu Zijin Rural Commercial Bank Co Ltd (2010–2024)

The table below shows the annual net assets of Jiangsu Zijin Rural Commercial Bank Co Ltd from 2010 to 2024.

Year Net Assets Change
2024-12-31 CN¥19.94 Billion +7.93%
2023-12-31 CN¥18.47 Billion -91.16%
2022-12-31 CN¥208.93 Billion +12.62%
2021-12-31 CN¥185.52 Billion -1.43%
2020-12-31 CN¥188.21 Billion +14.77%
2019-12-31 CN¥163.99 Billion +1233.93%
2018-12-31 CN¥12.29 Billion +23.50%
2017-12-31 CN¥9.95 Billion +6.88%
2016-12-31 CN¥9.31 Billion +54.58%
2015-12-31 CN¥6.03 Billion +11.91%
2014-12-31 CN¥5.38 Billion +16.33%
2013-12-31 CN¥4.63 Billion +8.46%
2012-12-31 CN¥4.27 Billion +14.67%
2011-12-31 CN¥3.72 Billion +63.98%
2010-12-31 CN¥2.27 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Zijin Rural Commercial Bank 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 732.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.11 Billion 15.62%
Common Stock CN¥3.66 Billion 18.36%
Other Comprehensive Income CN¥9.85 Billion 49.43%
Other Components CN¥3.31 Billion 16.59%
Total Equity CN¥19.94 Billion 100.00%

Jiangsu Zijin Rural Commercial Bank Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Zijin Rural Commercial Bank Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 18,471,919,000 to 19,936,160,000, a change of 1,464,241,000 (7.9%).
  • Net income of 1,623,524,000 contributed positively to equity growth.
  • Dividend payments of 453,711,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,442,478,000.
  • Other factors decreased equity by 1,148,050,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.62 Billion +8.14%
Dividends Paid CN¥453.71 Million -2.28%
Other Comprehensive Income CN¥1.44 Billion +7.24%
Other Changes CN¥-1.15 Billion -5.76%
Total Change CN¥- 7.93%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Zijin Rural Commercial Bank 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: 0.57x
  • 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 2.48x to 0.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 CN¥1.13 CN¥2.80 x
2011-12-31 CN¥1.85 CN¥2.80 x
2012-12-31 CN¥1.95 CN¥2.80 x
2013-12-31 CN¥2.08 CN¥2.80 x
2014-12-31 CN¥2.25 CN¥2.80 x
2015-12-31 CN¥2.51 CN¥2.80 x
2016-12-31 CN¥3.43 CN¥2.80 x
2017-12-31 CN¥3.06 CN¥2.80 x
2018-12-31 CN¥3.73 CN¥2.80 x
2019-12-31 CN¥3.78 CN¥2.80 x
2020-12-31 CN¥3.80 CN¥2.80 x
2021-12-31 CN¥4.01 CN¥2.80 x
2022-12-31 CN¥4.27 CN¥2.80 x
2023-12-31 CN¥4.56 CN¥2.80 x
2024-12-31 CN¥4.91 CN¥2.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Zijin Rural Commercial Bank 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): 8.14%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 44.92%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 13.54x
  • Recent ROE (8.14%) is below the historical average (11.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 18.03% 26.16% 0.03x 24.08x CN¥182.32 Million
2011 11.48% 23.11% 0.03x 15.94x CN¥55.14 Million
2012 11.21% 30.67% 0.03x 11.97x CN¥51.53 Million
2013 12.60% 33.64% 0.03x 13.08x CN¥120.16 Million
2014 13.90% 36.70% 0.03x 13.15x CN¥210.21 Million
2015 13.93% 38.08% 0.02x 16.89x CN¥237.06 Million
2016 11.09% 42.51% 0.02x 14.37x CN¥101.61 Million
2017 11.43% 41.86% 0.02x 17.17x CN¥142.18 Million
2018 10.20% 42.61% 0.02x 15.71x CN¥24.38 Million
2019 10.31% 45.98% 0.02x 14.64x CN¥42.18 Million
2020 9.73% 48.37% 0.01x 14.69x CN¥-40.01 Million
2021 9.47% 16.88% 0.04x 12.92x CN¥-84.72 Million
2022 9.36% 17.76% 0.04x 13.14x CN¥-109.54 Million
2023 8.76% 17.04% 0.04x 13.41x CN¥-228.51 Million
2024 8.14% 44.92% 0.01x 13.54x CN¥-370.09 Million

Industry Comparison

This section compares Jiangsu Zijin Rural Commercial Bank 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
Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) CN¥20.43 Billion 18.03% 13.00x $969.63 Million
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