Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) - Net Assets
Based on the latest financial reports, Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) has net assets worth CN¥20.77 Billion CNY (≈ $3.04 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥294.99 Billion ≈ $43.17 Billion USD) and total liabilities (CN¥274.22 Billion ≈ $40.13 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 601860 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥20.77 Billion |
| % of Total Assets | 7.04% |
| Annual Growth Rate | 15.73% |
| 5-Year Change | -89.06% |
| 10-Year Change | 117.96% |
| Growth Volatility | 306.92 |
Jiangsu Zijin Rural Commercial Bank Co Ltd - Net Assets Trend (2010–2025)
This chart illustrates how Jiangsu Zijin Rural Commercial Bank Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangsu Zijin Rural Commercial Bank Co L (601860) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Zijin Rural Commercial Bank Co Ltd (2010–2025)
The table below shows the annual net assets of Jiangsu Zijin Rural Commercial Bank Co Ltd from 2010 to 2025. For live valuation and market cap data, see Jiangsu Zijin Rural Commercial Bank Co L (601860) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥20.30 Billion ≈ $2.97 Billion |
+1.83% |
| 2024-12-31 | CN¥19.94 Billion ≈ $2.92 Billion |
+7.93% |
| 2023-12-31 | CN¥18.47 Billion ≈ $2.70 Billion |
-91.16% |
| 2022-12-31 | CN¥208.93 Billion ≈ $30.57 Billion |
+12.62% |
| 2021-12-31 | CN¥185.52 Billion ≈ $27.15 Billion |
-1.43% |
| 2020-12-31 | CN¥188.21 Billion ≈ $27.54 Billion |
+14.77% |
| 2019-12-31 | CN¥163.99 Billion ≈ $24.00 Billion |
+1233.93% |
| 2018-12-31 | CN¥12.29 Billion ≈ $1.80 Billion |
+23.50% |
| 2017-12-31 | CN¥9.95 Billion ≈ $1.46 Billion |
+6.88% |
| 2016-12-31 | CN¥9.31 Billion ≈ $1.36 Billion |
+54.58% |
| 2015-12-31 | CN¥6.03 Billion ≈ $881.70 Million |
+11.91% |
| 2014-12-31 | CN¥5.38 Billion ≈ $787.85 Million |
+16.33% |
| 2013-12-31 | CN¥4.63 Billion ≈ $677.25 Million |
+8.46% |
| 2012-12-31 | CN¥4.27 Billion ≈ $624.42 Million |
+14.67% |
| 2011-12-31 | CN¥3.72 Billion ≈ $544.52 Million |
+63.98% |
| 2010-12-31 | CN¥2.27 Billion ≈ $332.07 Million |
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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 695.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.97 Billion | 14.65% |
| Other Components | CN¥17.33 Billion | 85.35% |
| Total Equity | CN¥20.30 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.
| Company | Market Cap |
|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516
|
$1.37 Billion |
|
Enovix Corp
NASDAQ:ENVX
|
$1.37 Billion |
|
Zhejiang Sanwei Rubber Item Co
SHG:603033
|
$1.37 Billion |
|
Biohaven Pharmaceutical Holding Co Ltd
NYSE:BHVN
|
$1.37 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
$1.37 Billion |
|
Companhiade Eletricidade do Estado da Bahia - COELBA
SA:CEEB3
|
$1.37 Billion |
|
Changzhou Zhongying Science & Technology Co. Ltd
SHE:300936
|
$1.37 Billion |
|
Global Ship Lease Inc
NYSE:GSL
|
$1.37 Billion |
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 2024 to 2025, total equity changed from 19,936,160,000 to 20,300,789,000, a change of 364,629,000 (1.8%).
- Net income of 1,244,457,000 contributed positively to equity growth.
- Dividend payments of 457,807,000 reduced retained earnings.
- Other comprehensive income decreased equity by 9,854,736,000.
- Other factors increased equity by 9,432,715,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.24 Billion | +6.13% |
| Dividends Paid | CN¥457.81 Million | -2.26% |
| Other Comprehensive Income | CN¥-9.85 Billion | -48.54% |
| Other Changes | CN¥9.43 Billion | +46.46% |
| Total Change | CN¥- | 1.83% |
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: 0.46x
- 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 2.26x to 0.46x 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¥2.55 | x |
| 2011-12-31 | CN¥1.85 | CN¥2.55 | x |
| 2012-12-31 | CN¥1.95 | CN¥2.55 | x |
| 2013-12-31 | CN¥2.08 | CN¥2.55 | x |
| 2014-12-31 | CN¥2.25 | CN¥2.55 | x |
| 2015-12-31 | CN¥2.51 | CN¥2.55 | x |
| 2016-12-31 | CN¥3.43 | CN¥2.55 | x |
| 2017-12-31 | CN¥3.06 | CN¥2.55 | x |
| 2018-12-31 | CN¥3.73 | CN¥2.55 | x |
| 2019-12-31 | CN¥3.78 | CN¥2.55 | x |
| 2020-12-31 | CN¥3.80 | CN¥2.55 | x |
| 2021-12-31 | CN¥4.01 | CN¥2.55 | x |
| 2022-12-31 | CN¥4.27 | CN¥2.55 | x |
| 2023-12-31 | CN¥4.56 | CN¥2.55 | x |
| 2024-12-31 | CN¥4.91 | CN¥2.55 | x |
| 2025-12-31 | CN¥5.55 | CN¥2.55 | 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): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.97%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 14.30x
- Recent ROE (6.13%) is below the historical average (10.99%), 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 |
| 2025 | 6.13% | 30.97% | 0.01x | 14.30x | CN¥-785.62 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: $81,757,248,270
- Average return on equity (ROE) among peers: 15.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) | CN¥20.77 Billion | 18.03% | 13.20x | $1.37 Billion |
| Ping An Bank Co Ltd (000001) | $364.13 Billion | 7.94% | 11.27x | $29.87 Billion |
| Bank of Ningbo Co Ltd (002142) | $8.81 Billion | 15.12% | 10.73x | $29.74 Billion |
| Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) | $2.17 Billion | 27.59% | 13.78x | $1.41 Billion |
| Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) | $5.59 Billion | 17.92% | 11.97x | $1.47 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $2.77 Billion | 22.69% | 19.82x | $1.77 Billion |
| Bank of Qingdao Co Ltd (002948) | $16.61 Billion | 10.92% | 10.27x | $2.86 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $41.11 Billion | 6.95% | 11.04x | $2.29 Billion |
| Bank of Suzhou (002966) | $22.28 Billion | 9.47% | 11.75x | $5.06 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $318.60 Billion | 15.88% | 14.83x | $44.30 Billion |
| Hua Xia Bank Co Ltd (600015) | $35.50 Billion | 16.87% | 28.31x | $15.44 Billion |
About Jiangsu Zijin Rural Commercial Bank Co Ltd
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