China Galaxy Securities Co Ltd Class A (601881) - Net Assets

Latest as of June 2025: CN¥144.15 Billion CNY ≈ $21.09 Billion USD

Based on the latest financial reports, China Galaxy Securities Co Ltd Class A (601881) has net assets worth CN¥144.15 Billion CNY (≈ $21.09 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¥781.74 Billion ≈ $114.39 Billion USD) and total liabilities (CN¥637.59 Billion ≈ $93.30 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 China Galaxy Securities Co Ltd Class A asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥144.15 Billion
% of Total Assets 18.44%
Annual Growth Rate N/A
5-Year Change 71.32%
10-Year Change 145.42%
Growth Volatility 23.3

China Galaxy Securities Co Ltd Class A - Net Assets Trend (2005–2024)

This chart illustrates how China Galaxy Securities Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore China Galaxy Securities Co Ltd Class A assets under control for the complete picture of this company's asset base.

Annual Net Assets for China Galaxy Securities Co Ltd Class A (2005–2024)

The table below shows the annual net assets of China Galaxy Securities Co Ltd Class A from 2005 to 2024. For live valuation and market cap data, see market value of China Galaxy Securities Co Ltd Class A.

Year Net Assets Change
2024-12-31 CN¥140.50 Billion
≈ $20.56 Billion		 +7.67%
2023-12-31 CN¥130.49 Billion
≈ $19.10 Billion		 +27.17%
2022-12-31 CN¥102.61 Billion
≈ $15.02 Billion		 +3.67%
2021-12-31 CN¥98.98 Billion
≈ $14.48 Billion		 +20.69%
2020-12-31 CN¥82.01 Billion
≈ $12.00 Billion		 +14.02%
2019-12-31 CN¥71.92 Billion
≈ $10.52 Billion		 +8.42%
2018-12-31 CN¥66.34 Billion
≈ $9.71 Billion		 +2.24%
2017-12-31 CN¥64.89 Billion
≈ $9.49 Billion		 +11.19%
2016-12-31 CN¥58.35 Billion
≈ $8.54 Billion		 +1.93%
2015-12-31 CN¥57.25 Billion
≈ $8.38 Billion		 +95.15%
2014-12-31 CN¥29.34 Billion
≈ $4.29 Billion		 +15.40%
2013-12-31 CN¥25.42 Billion
≈ $3.72 Billion		 +44.78%
2012-12-31 CN¥17.56 Billion
≈ $2.57 Billion		 +8.88%
2011-12-31 CN¥16.13 Billion
≈ $2.36 Billion		 +10.58%
2010-12-31 CN¥14.58 Billion
≈ $2.13 Billion		 +12.69%
2009-12-31 CN¥12.94 Billion
≈ $1.89 Billion		 +33.71%
2008-12-31 CN¥9.68 Billion
≈ $1.42 Billion		 -14.76%
2007-12-31 CN¥11.35 Billion
≈ $1.66 Billion		 +284.74%
2006-12-31 CN¥-6.15 Billion
≈ $-899.34 Million		 +25.24%
2005-12-31 CN¥-8.22 Billion
≈ $-1.20 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to China Galaxy Securities Co Ltd Class A'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 4528816489393.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥32.85 Billion 23.38%
Common Stock CN¥10.93 Billion 7.78%
Other Comprehensive Income CN¥67.95 Billion 48.37%
Other Components CN¥28.74 Billion 20.46%
Total Equity CN¥140.48 Billion 100.00%

China Galaxy Securities Co Ltd Class A Competitors by Market Cap

The table below lists competitors of China Galaxy Securities Co Ltd Class A ranked by their market capitalization.

Company Market Cap
Sinoma Science & Technology Co Ltd
SHE:002080
 $13.55 Billion
Everest Group Ltd
NYSE:EG
 $13.56 Billion
Ascendis Pharma AS
NASDAQ:ASND
 $13.56 Billion
LATAM Airlines Group S.A.
NYSE:LTM
 $13.57 Billion
Shenzhen Envicool Technology Co Ltd
SHE:002837
 $13.52 Billion
Carlsberg A/S
CO:CARL-B
 $13.50 Billion
Mr. Cooper Group Inc
NASDAQ:COOP
 $13.49 Billion
Pilbara Minerals Ltd
AU:PLS
 $13.46 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 130,466,361,000 to 140,480,735,000, a change of 10,014,374,000 (7.7%).
  • Net income of 10,030,838,000 contributed positively to equity growth.
  • Dividend payments of 4,275,654,000 reduced retained earnings.
  • Other comprehensive income increased equity by 4,621,317,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥10.03 Billion +7.14%
Dividends Paid CN¥4.28 Billion -3.04%
Other Comprehensive Income CN¥4.62 Billion +3.29%
Other Changes CN¥-362.13 Million -0.26%
Total Change CN¥- 7.68%

Book Value vs Market Value Analysis

This analysis compares China Galaxy Securities Co Ltd Class A'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: 0.99x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 CN¥-0.69 CN¥12.78 x
2006-12-31 CN¥-0.51 CN¥12.78 x
2007-12-31 CN¥0.95 CN¥12.78 x
2008-12-31 CN¥0.80 CN¥12.78 x
2009-12-31 CN¥1.08 CN¥12.78 x
2010-12-31 CN¥1.21 CN¥12.78 x
2011-12-31 CN¥1.33 CN¥12.78 x
2012-12-31 CN¥1.45 CN¥12.78 x
2013-12-31 CN¥3.65 CN¥12.78 x
2014-12-31 CN¥3.85 CN¥12.78 x
2015-12-31 CN¥6.42 CN¥12.78 x
2016-12-31 CN¥6.08 CN¥12.78 x
2017-12-31 CN¥6.32 CN¥12.78 x
2018-12-31 CN¥6.40 CN¥12.78 x
2019-12-31 CN¥6.99 CN¥12.78 x
2020-12-31 CN¥8.02 CN¥12.78 x
2021-12-31 CN¥9.76 CN¥12.78 x
2022-12-31 CN¥9.55 CN¥12.78 x
2023-12-31 CN¥11.93 CN¥12.78 x
2024-12-31 CN¥12.85 CN¥12.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Galaxy Securities Co Ltd Class A 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): 7.14%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 30.56%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 5.25x
  • Recent ROE (7.14%) is below the historical average (12.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 0.00% -56.54% 0.07x 0.00x CN¥144.20 Million
2006 0.00% 43.68% 0.09x 0.00x CN¥2.25 Billion
2007 45.14% 35.37% 0.15x 8.32x CN¥3.99 Billion
2008 21.15% 34.62% 0.09x 6.50x CN¥1.08 Billion
2009 35.17% 46.31% 0.09x 8.15x CN¥3.25 Billion
2010 19.15% 33.75% 0.09x 6.51x CN¥1.33 Billion
2011 9.86% 25.32% 0.11x 3.70x CN¥-22.28 Million
2012 8.15% 25.57% 0.09x 3.69x CN¥-323.21 Million
2013 8.48% 28.54% 0.10x 3.11x CN¥-382.24 Million
2014 12.99% 29.52% 0.07x 6.20x CN¥868.35 Million
2015 17.28% 29.59% 0.11x 5.28x CN¥4.14 Billion
2016 8.89% 28.85% 0.07x 4.24x CN¥-645.31 Million
2017 6.17% 26.46% 0.06x 3.95x CN¥-2.47 Billion
2018 4.38% 18.93% 0.06x 3.81x CN¥-3.71 Billion
2019 7.37% 25.89% 0.06x 4.45x CN¥-1.86 Billion
2020 8.91% 30.16% 0.05x 5.49x CN¥-881.80 Million
2021 10.54% 33.77% 0.06x 5.66x CN¥534.66 Million
2022 7.57% 28.26% 0.04x 6.09x CN¥-2.49 Billion
2023 6.04% 22.77% 0.05x 5.08x CN¥-5.17 Billion
2024 7.14% 30.56% 0.04x 5.25x CN¥-4.02 Billion

Industry Comparison

This section compares China Galaxy Securities Co Ltd Class A's net assets metrics with peer companies in the Financial Conglomerates industry.

Industry Context

  • Industry: Financial Conglomerates
  • Average net assets among peers: $4,042,051,241
  • Average return on equity (ROE) among peers: -14.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Galaxy Securities Co Ltd Class A (601881) CN¥144.15 Billion 0.00% 4.42x $13.55 Billion
CNPC Capital Co Ltd (000617) $709.84 Million 1.39% 2.29x $17.46 Billion
Guangzhou Friendship Group Co Ltd (000987) $332.80 Million 10.53% 1.18x $6.61 Billion
Rendong Holdings Co Ltd (002647) $115.11 Million -187.07% 37.47x $2.05 Billion
Guosheng Financial Holding Inc (002670) $11.57 Billion 4.30% 1.24x $3.58 Billion
Guosen Securities Co Ltd (002736) $3.54 Billion 44.62% 3.05x $16.07 Billion
First Capital Securities Co Ltd Class A (002797) $15.29 Billion 2.16% 1.96x $4.69 Billion
Minmetals Capital Co Ltd (600390) $658.97 Million 4.24% 1.21x $3.45 Billion
Shanghai Chinafortune Co Ltd (600621) $110.02 Million 7.11% 1.01x $2.20 Billion

About China Galaxy Securities Co Ltd Class A

SHG:601881 China Financial Conglomerates
Market Cap
$13.55 Billion
CN¥92.57 Billion CNY
Market Cap Rank
#1753 Global
#185 in China
Share Price
CN¥12.78
Change (1 day)
-1.16%
52-Week Range
CN¥12.37 - CN¥19.00
All Time High
CN¥19.00
Categories
Companies in China Financial Conglomerates Banking & Financial
About

China Galaxy Securities Co., Ltd. provides various financial services in the People's Republic of China. It operates through Wealth Management, Investment Banking, Institutional Business, International Business, Investment Trading, and Parent-subsidiary Integration Business segments. The wealth management segment offers agency trading of stocks, funds, bonds, derivative financial instruments, etc… Read more