China Construction Bank Co (601939) - Net Assets

Latest as of March 2026: CN¥3.77 Trillion CNY ≈ $551.71 Billion USD

Based on the latest financial reports, China Construction Bank Co (601939) has net assets worth CN¥3.77 Trillion CNY (≈ $551.71 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¥47.13 Trillion ≈ $6.90 Trillion USD) and total liabilities (CN¥43.36 Trillion ≈ $6.35 Trillion 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 tangible equity quality of China Construction Bank Co to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.77 Trillion
% of Total Assets	8.0%
Annual Growth Rate	16.43%
5-Year Change	37.76%
10-Year Change	123.07%
Growth Volatility	14.93

China Construction Bank Co - Net Assets Trend (2002–2025)

This chart illustrates how China Construction Bank Co's net assets have evolved over time, based on quarterly financial data. See China Construction Bank Co liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for China Construction Bank Co (2002–2025)

The table below shows the annual net assets of China Construction Bank Co from 2002 to 2025. For live valuation and market cap data, see 601939 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥3.55 Trillion ≈ $518.90 Billion	+9.31%
2024-12-31	CN¥3.24 Trillion ≈ $474.69 Billion	+6.99%
2023-12-31	CN¥3.03 Trillion ≈ $443.69 Billion	+8.43%
2022-12-31	CN¥2.80 Trillion ≈ $409.18 Billion	+8.63%
2021-12-31	CN¥2.57 Trillion ≈ $376.68 Billion	+9.57%
2020-12-31	CN¥2.35 Trillion ≈ $343.79 Billion	+7.03%
2019-12-31	CN¥2.20 Trillion ≈ $321.22 Billion	+10.22%
2018-12-31	CN¥1.99 Trillion ≈ $291.43 Billion	+10.90%
2017-12-31	CN¥1.80 Trillion ≈ $262.79 Billion	+12.97%
2016-12-31	CN¥1.59 Trillion ≈ $232.62 Billion	+10.00%
2015-12-31	CN¥1.45 Trillion ≈ $211.46 Billion	+15.39%
2014-12-31	CN¥1.25 Trillion ≈ $183.26 Billion	+16.57%
2013-12-31	CN¥1.07 Trillion ≈ $157.21 Billion	+13.14%
2012-12-31	CN¥949.54 Billion ≈ $138.95 Billion	+16.27%
2011-12-31	CN¥816.66 Billion ≈ $119.50 Billion	+16.52%
2010-12-31	CN¥700.90 Billion ≈ $102.56 Billion	+25.38%
2009-12-31	CN¥559.02 Billion ≈ $81.80 Billion	+19.56%
2008-12-31	CN¥467.56 Billion ≈ $68.42 Billion	+10.72%
2007-12-31	CN¥422.28 Billion ≈ $61.79 Billion	+27.88%
2006-12-31	CN¥330.20 Billion ≈ $48.32 Billion	+14.78%
2005-12-31	CN¥287.68 Billion ≈ $42.10 Billion	+47.11%
2004-12-31	CN¥195.55 Billion ≈ $28.62 Billion	+4.98%
2003-12-31	CN¥186.28 Billion ≈ $27.26 Billion	+73.71%
2002-12-31	CN¥107.24 Billion ≈ $15.69 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to China Construction Bank Co'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 121692.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.93 Trillion	54.79%
Common Stock	CN¥261.60 Billion	7.42%
Other Comprehensive Income	CN¥1.04 Trillion	29.58%
Other Components	CN¥289.09 Billion	8.20%
Total Equity	CN¥3.52 Trillion	100.00%

China Construction Bank Co Competitors by Market Cap

The table below lists competitors of China Construction Bank Co ranked by their market capitalization.

Company	Market Cap
ANGLO AMERICAN SP.ADR 1/2 F:NGLD	$31.21 Billion
Ping An Bank Co Ltd SHE:000001	$31.21 Billion
Fresnillo plc F:FNL	$31.21 Billion
Kering SA PA:KER	$31.24 Billion
M&T Bank Corporation NYSE:MTB	$31.07 Billion
Shinhan Financial Group KO:055550	$31.01 Billion
Bajaj Auto Limited NSE:BAJAJ-AUTO	$30.98 Billion
HANN.RUECKV.SE ADR 1/2/ON F:HNRB	$30.91 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Construction Bank Co's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,222,127,000,000 to 3,523,411,000,000, a change of 301,284,000,000 (9.4%).
Net income of 338,906,000,000 contributed positively to equity growth.
Dividend payments of 108,178,000,000 reduced retained earnings.
Other comprehensive income increased equity by 47,616,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥338.91 Billion	+9.62%
Dividends Paid	CN¥108.18 Billion	-3.07%
Other Comprehensive Income	CN¥47.62 Billion	+1.35%
Other Changes	CN¥22.94 Billion	+0.65%
Total Change	CN¥-	9.35%

Book Value vs Market Value Analysis

This analysis compares China Construction Bank Co'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: 0.73x
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 23.38x to 0.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	CN¥0.43	CN¥10.06	x
2002-12-31	CN¥0.43	CN¥10.06	x
2003-12-31	CN¥0.75	CN¥10.06	x
2004-12-31	CN¥0.78	CN¥10.06	x
2005-12-31	CN¥1.15	CN¥10.06	x
2006-12-31	CN¥1.32	CN¥10.06	x
2007-12-31	CN¥1.68	CN¥10.06	x
2008-12-31	CN¥1.86	CN¥10.06	x
2009-12-31	CN¥2.22	CN¥10.06	x
2010-12-31	CN¥2.79	CN¥10.06	x
2011-12-31	CN¥3.24	CN¥10.06	x
2012-12-31	CN¥3.75	CN¥10.06	x
2013-12-31	CN¥4.26	CN¥10.06	x
2014-12-31	CN¥4.96	CN¥10.06	x
2015-12-31	CN¥5.72	CN¥10.06	x
2016-12-31	CN¥6.27	CN¥10.06	x
2017-12-31	CN¥7.05	CN¥10.06	x
2018-12-31	CN¥7.76	CN¥10.06	x
2019-12-31	CN¥8.70	CN¥10.06	x
2020-12-31	CN¥9.30	CN¥10.06	x
2021-12-31	CN¥10.19	CN¥10.06	x
2022-12-31	CN¥11.10	CN¥10.06	x
2023-12-31	CN¥12.04	CN¥10.06	x
2024-12-31	CN¥12.58	CN¥10.06	x
2025-12-31	CN¥13.76	CN¥10.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Construction Bank Co 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): 9.62%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 24.94%
• Asset Turnover: 0.03x
• Equity Multiplier: 12.95x
Recent ROE (9.62%) is below the historical average (14.20%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	4.80%	4.88%	0.04x	25.59x	CN¥-5.59 Billion
2002	4.01%	3.95%	0.04x	28.75x	CN¥-6.42 Billion
2003	0.22%	0.31%	0.04x	19.08x	CN¥-18.22 Billion
2004	25.08%	43.56%	0.03x	20.00x	CN¥29.49 Billion
2005	16.38%	37.01%	0.03x	15.95x	CN¥18.35 Billion
2006	14.03%	30.84%	0.03x	16.51x	CN¥13.31 Billion
2007	16.40%	31.47%	0.03x	15.67x	CN¥26.96 Billion
2008	19.87%	34.62%	0.04x	16.21x	CN¥46.00 Billion
2009	19.22%	39.96%	0.03x	17.32x	CN¥51.21 Billion
2010	19.35%	41.69%	0.03x	15.51x	CN¥65.16 Billion
2011	20.87%	42.63%	0.03x	15.14x	CN¥88.14 Billion
2012	20.51%	45.68%	0.03x	14.84x	CN¥99.01 Billion
2013	20.14%	45.81%	0.03x	14.41x	CN¥108.06 Billion
2014	18.34%	45.87%	0.03x	13.48x	CN¥103.61 Billion
2015	15.91%	46.08%	0.03x	12.80x	CN¥84.74 Billion
2016	14.68%	49.29%	0.02x	13.30x	CN¥73.81 Billion
2017	13.61%	51.69%	0.02x	12.43x	CN¥64.29 Billion
2018	12.88%	50.15%	0.02x	11.75x	CN¥57.01 Billion
2019	12.26%	49.16%	0.02x	11.69x	CN¥49.11 Billion
2020	11.66%	48.20%	0.02x	12.10x	CN¥38.57 Billion
2021	11.87%	46.09%	0.02x	11.87x	CN¥47.69 Billion
2022	11.70%	52.77%	0.02x	12.47x	CN¥47.18 Billion
2023	11.05%	54.64%	0.02x	12.73x	CN¥31.64 Billion
2024	10.41%	55.21%	0.01x	12.59x	CN¥13.36 Billion
2025	9.62%	24.94%	0.03x	12.95x	CN¥-13.44 Billion

Industry Comparison

This section compares China Construction Bank Co's net assets metrics with peer companies in the Banks - Diversified industry.

Industry Context

Industry: Banks - Diversified
Average net assets among peers: $345,605,000,000
Average return on equity (ROE) among peers: 11.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Construction Bank Co (601939)	CN¥3.77 Trillion	4.80%	11.50x	$31.18 Billion
Agricultural Bank of China Ltd Class A (601288)	$78.06 Billion	2.57%	50.42x	$297.11 Billion
Bank of Communications Co (601328)	$81.90 Billion	11.61%	16.35x	$52.93 Billion
Industrial and Commercial Bank of China Ltd (601398)	$260.98 Billion	14.33%	23.74x	$287.22 Billion
Bank of China Limited (601988)	$961.48 Billion	16.32%	13.43x	$207.73 Billion

About China Construction Bank Co

SHG:601939 China Banks - Diversified

Market Cap

$31.18 Billion

CN¥213.10 Billion CNY

Market Cap Rank

#865 Global

#61 in China

Share Price

CN¥10.06

Change (1 day)

-1.18%

52-Week Range

CN¥8.59 - CN¥10.31

All Time High

CN¥10.31