China Citic Bank Corp Ltd Class A
China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. It operates in three segments: Corporate Banking, Retail Banking, and Financial Market business. The Corporate Banking segment offers corporate loans, deposit services, agency services, remittance and settlement services, and guarantee services. The Retail Ban… Read more
China Citic Bank Corp Ltd Class A (601998) - Net Assets
Latest net assets as of June 2025: CN¥832.97 Billion CNY
Based on the latest financial reports, China Citic Bank Corp Ltd Class A (601998) has net assets worth CN¥832.97 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.86 Trillion) and total liabilities (CN¥9.03 Trillion). 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¥832.97 Billion |
| % of Total Assets | 8.45% |
| Annual Growth Rate | 20.23% |
| 5-Year Change | 44.16% |
| 10-Year Change | 152.55% |
| Growth Volatility | 49.62 |
China Citic Bank Corp Ltd Class A - Net Assets Trend (2003–2024)
This chart illustrates how China Citic Bank Corp Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Citic Bank Corp Ltd Class A (2003–2024)
The table below shows the annual net assets of China Citic Bank Corp Ltd Class A from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥807.37 Billion | +9.89% |
| 2023-12-31 | CN¥734.67 Billion | +7.12% |
| 2022-12-31 | CN¥685.83 Billion | +6.72% |
| 2021-12-31 | CN¥642.63 Billion | +14.75% |
| 2020-12-31 | CN¥560.04 Billion | +5.17% |
| 2019-12-31 | CN¥532.52 Billion | +17.53% |
| 2018-12-31 | CN¥453.09 Billion | +9.86% |
| 2017-12-31 | CN¥412.43 Billion | +7.27% |
| 2016-12-31 | CN¥384.50 Billion | +20.27% |
| 2015-12-31 | CN¥319.69 Billion | +19.58% |
| 2014-12-31 | CN¥267.35 Billion | +15.87% |
| 2013-12-31 | CN¥230.72 Billion | +13.61% |
| 2012-12-31 | CN¥203.09 Billion | +13.59% |
| 2011-12-31 | CN¥178.78 Billion | +43.56% |
| 2010-12-31 | CN¥124.54 Billion | +16.38% |
| 2009-12-31 | CN¥107.01 Billion | -17.09% |
| 2008-12-31 | CN¥129.06 Billion | +53.38% |
| 2007-12-31 | CN¥84.14 Billion | +164.34% |
| 2006-12-31 | CN¥31.83 Billion | +34.20% |
| 2005-12-31 | CN¥23.72 Billion | +172.00% |
| 2004-12-31 | CN¥8.72 Billion | -48.23% |
| 2003-12-31 | CN¥16.84 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Citic Bank Corp 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 23134.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥343.87 Billion | 43.57% |
| Common Stock | CN¥54.40 Billion | 6.89% |
| Other Components | CN¥391.00 Billion | 49.54% |
| Total Equity | CN¥789.26 Billion | 100.00% |
China Citic Bank Corp Ltd Class A Competitors by Market Cap
The table below lists competitors of China Citic Bank Corp Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kasikornbank Public Co Ltd
PINK:KPCPY
|
$13.78 Billion |
|
ANTA Sports Products Ltd
PINK:ANPDF
|
$13.79 Billion |
|
GUOTAI JUNAN SEC. H YC1
F:153A
|
$13.80 Billion |
|
Coca-Cola Consolidated Inc.
NASDAQ:COKE
|
$13.80 Billion |
|
Nova Ltd
NASDAQ:NVMI
|
$13.74 Billion |
|
Argen-X
LSE:0QW0
|
$13.73 Billion |
|
Jones Lang LaSalle Incorporated
NYSE:JLL
|
$13.70 Billion |
|
Yankuang Energy Group Co Ltd
SHG:600188
|
$13.64 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Citic Bank Corp Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 717,222,000,000 to 789,264,000,000, a change of 72,042,000,000 (10.0%).
- Net income of 68,576,000,000 contributed positively to equity growth.
- Dividend payments of 29,925,000,000 reduced retained earnings.
- Share repurchases of 39,993,000,000 reduced equity.
- Other factors increased equity by 73,384,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥68.58 Billion | +8.69% |
| Dividends Paid | CN¥29.93 Billion | -3.79% |
| Share Repurchases | CN¥39.99 Billion | -5.07% |
| Other Changes | CN¥73.38 Billion | +9.3% |
| Total Change | CN¥- | 10.04% |
Book Value vs Market Value Analysis
This analysis compares China Citic Bank Corp 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: 0.51x
- 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 14.57x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.52 | CN¥7.51 | x |
| 2004-12-31 | CN¥0.27 | CN¥7.51 | x |
| 2005-12-31 | CN¥0.73 | CN¥7.51 | x |
| 2006-12-31 | CN¥0.97 | CN¥7.51 | x |
| 2007-12-31 | CN¥2.22 | CN¥7.51 | x |
| 2008-12-31 | CN¥3.41 | CN¥7.51 | x |
| 2009-12-31 | CN¥2.52 | CN¥7.51 | x |
| 2010-12-31 | CN¥2.96 | CN¥7.51 | x |
| 2011-12-31 | CN¥4.02 | CN¥7.51 | x |
| 2012-12-31 | CN¥4.22 | CN¥7.51 | x |
| 2013-12-31 | CN¥4.84 | CN¥7.51 | x |
| 2014-12-31 | CN¥5.55 | CN¥7.51 | x |
| 2015-12-31 | CN¥6.79 | CN¥7.51 | x |
| 2016-12-31 | CN¥7.74 | CN¥7.51 | x |
| 2017-12-31 | CN¥7.89 | CN¥7.51 | x |
| 2018-12-31 | CN¥8.63 | CN¥7.51 | x |
| 2019-12-31 | CN¥9.86 | CN¥7.51 | x |
| 2020-12-31 | CN¥10.19 | CN¥7.51 | x |
| 2021-12-31 | CN¥11.66 | CN¥7.51 | x |
| 2022-12-31 | CN¥12.31 | CN¥7.51 | x |
| 2023-12-31 | CN¥13.14 | CN¥7.51 | x |
| 2024-12-31 | CN¥14.85 | CN¥7.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Citic Bank Corp 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): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.94%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 12.08x
- Recent ROE (8.69%) is below the historical average (12.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 9.17% | 11.86% | 0.03x | 24.92x | CN¥-140.50 Million |
| 2004 | 28.11% | 22.14% | 0.02x | 56.61x | CN¥1.58 Billion |
| 2005 | 13.28% | 23.25% | 0.02x | 25.09x | CN¥776.70 Million |
| 2006 | 11.71% | 20.90% | 0.03x | 22.21x | CN¥543.50 Million |
| 2007 | 9.85% | 19.21% | 0.04x | 12.02x | CN¥-123.60 Million |
| 2008 | 11.14% | 19.83% | 0.05x | 11.08x | CN¥1.36 Billion |
| 2009 | 13.93% | 23.50% | 0.03x | 17.27x | CN¥4.04 Billion |
| 2010 | 17.90% | 26.91% | 0.04x | 17.32x | CN¥9.49 Billion |
| 2011 | 17.66% | 26.03% | 0.04x | 15.85x | CN¥13.37 Billion |
| 2012 | 15.64% | 20.30% | 0.05x | 14.92x | CN¥11.20 Billion |
| 2013 | 17.36% | 21.51% | 0.05x | 16.14x | CN¥16.61 Billion |
| 2014 | 15.67% | 17.29% | 0.06x | 15.94x | CN¥14.72 Billion |
| 2015 | 12.95% | 16.06% | 0.05x | 16.12x | CN¥9.38 Billion |
| 2016 | 10.98% | 15.94% | 0.04x | 15.64x | CN¥3.71 Billion |
| 2017 | 10.65% | 15.30% | 0.05x | 14.21x | CN¥2.60 Billion |
| 2018 | 10.19% | 15.13% | 0.05x | 13.89x | CN¥846.90 Million |
| 2019 | 9.28% | 14.61% | 0.05x | 13.05x | CN¥-3.72 Billion |
| 2020 | 8.99% | 14.31% | 0.05x | 13.79x | CN¥-5.48 Billion |
| 2021 | 8.88% | 15.35% | 0.05x | 12.84x | CN¥-6.99 Billion |
| 2022 | 9.33% | 16.62% | 0.04x | 12.85x | CN¥-4.44 Billion |
| 2023 | 9.34% | 17.67% | 0.04x | 12.62x | CN¥-4.71 Billion |
| 2024 | 8.69% | 44.94% | 0.02x | 12.08x | CN¥-10.35 Billion |
Industry Comparison
This section compares China Citic Bank Corp Ltd Class A's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $81,577,256,958
- Average return on equity (ROE) among peers: 13.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Citic Bank Corp Ltd Class A (601998) | CN¥832.97 Billion | 9.17% | 10.84x | $13.76 Billion |
| Ping An Bank Co Ltd (000001) | $1.66 Billion | 21.47% | 8.33x | $11.97 Billion |
| Bank of Ningbo Co Ltd (002142) | $18.71 Billion | 17.39% | 12.92x | $12.47 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $54.31 Billion | 3.41% | 10.61x | $1.64 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $8.97 Billion | 13.25% | 10.32x | $1.43 Billion |
| Bank of Suzhou (002966) | $40.46 Billion | 9.68% | 11.96x | $3.54 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $8.35 Billion | 15.39% | 32.44x | $19.86 Billion |
| Hua Xia Bank Co Ltd (600015) | $3.60 Billion | 19.59% | 48.47x | $4.16 Billion |
| China Minsheng Banking Corp Ltd (600016) | $352.03 Billion | 13.59% | 15.75x | $13.37 Billion |
| Wuxi Rural Commercial Bank Co Ltd (600908) | $14.02 Billion | 9.36% | 11.84x | $1.15 Billion |
| Bank of Jiangsu Co Ltd (600919) | $313.66 Billion | 10.15% | 11.60x | $20.03 Billion |