China Citic Bank Corp Ltd Class A (601998) - Net Assets

Latest as of March 2026: CN¥866.73 Billion CNY ≈ $126.83 Billion USD

Based on the latest financial reports, China Citic Bank Corp Ltd Class A (601998) has net assets worth CN¥866.73 Billion CNY (≈ $126.83 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¥10.24 Trillion ≈ $1.50 Trillion USD) and total liabilities (CN¥9.37 Trillion ≈ $1.37 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 China Citic Bank Corp Ltd Class A (601998) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥866.73 Billion
% of Total Assets 8.46%
Annual Growth Rate 19.03%
5-Year Change 21.01%
10-Year Change 102.25%
Growth Volatility 48.91

China Citic Bank Corp Ltd Class A - Net Assets Trend (2003–2025)

This chart illustrates how China Citic Bank Corp Ltd Class A's net assets have evolved over time, based on quarterly financial data. See 601998 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for China Citic Bank Corp Ltd Class A (2003–2025)

The table below shows the annual net assets of China Citic Bank Corp Ltd Class A from 2003 to 2025. For live valuation and market cap data, see China Citic Bank Corp Ltd Class A (601998) market capitalisation.

Year Net Assets Change
2025-12-31 CN¥777.64 Billion
≈ $113.79 Billion
-3.68%
2024-12-31 CN¥807.37 Billion
≈ $118.14 Billion
+9.89%
2023-12-31 CN¥734.67 Billion
≈ $107.51 Billion
+7.12%
2022-12-31 CN¥685.83 Billion
≈ $100.36 Billion
+6.72%
2021-12-31 CN¥642.63 Billion
≈ $94.04 Billion
+14.75%
2020-12-31 CN¥560.04 Billion
≈ $81.95 Billion
+5.17%
2019-12-31 CN¥532.52 Billion
≈ $77.93 Billion
+17.53%
2018-12-31 CN¥453.09 Billion
≈ $66.30 Billion
+9.86%
2017-12-31 CN¥412.43 Billion
≈ $60.35 Billion
+7.27%
2016-12-31 CN¥384.50 Billion
≈ $56.26 Billion
+20.27%
2015-12-31 CN¥319.69 Billion
≈ $46.78 Billion
+19.58%
2014-12-31 CN¥267.35 Billion
≈ $39.12 Billion
+15.87%
2013-12-31 CN¥230.72 Billion
≈ $33.76 Billion
+13.61%
2012-12-31 CN¥203.09 Billion
≈ $29.72 Billion
+13.59%
2011-12-31 CN¥178.78 Billion
≈ $26.16 Billion
+43.56%
2010-12-31 CN¥124.54 Billion
≈ $18.22 Billion
+16.38%
2009-12-31 CN¥107.01 Billion
≈ $15.66 Billion
-17.09%
2008-12-31 CN¥129.06 Billion
≈ $18.89 Billion
+53.38%
2007-12-31 CN¥84.14 Billion
≈ $12.31 Billion
+164.34%
2006-12-31 CN¥31.83 Billion
≈ $4.66 Billion
+34.20%
2005-12-31 CN¥23.72 Billion
≈ $3.47 Billion
+172.00%
2004-12-31 CN¥8.72 Billion
≈ $1.28 Billion
-48.23%
2003-12-31 CN¥16.84 Billion
≈ $2.46 Billion
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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 25253.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥375.23 Billion 49.45%
Common Stock CN¥55.65 Billion 7.33%
Other Comprehensive Income CN¥197.74 Billion 26.06%
Other Components CN¥130.20 Billion 17.16%
Total Equity CN¥758.82 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
Coca-Cola European Partners PLC
NASDAQ:CCEP
$43.48 Billion
Fortescue Ltd
AU:FMG
$43.51 Billion
Ambev S.A.
F:AMNA
$43.57 Billion
Itaú Unibanco Holding S.A
F:BVXB
$43.59 Billion
Hangzhou Hikvision Digital Technology Co Ltd
SHE:002415
$43.32 Billion
STANDARD CHART.UNSP.ADR/2
F:STD0
$43.28 Billion
Franco-Nevada Corporation
TO:FNV
$43.27 Billion
Doosan Heavy Ind. & Const.
KO:034020
$43.14 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 2024 to 2025, total equity changed from 789,264,000,000 to 758,820,000,000, a change of -30,444,000,000 (-3.9%).
  • Net income of 70,618,000,000 contributed positively to equity growth.
  • Dividend payments of 26,745,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 197,737,000,000.
  • Other factors decreased equity by 272,054,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥70.62 Billion +9.31%
Dividends Paid CN¥26.75 Billion -3.52%
Other Comprehensive Income CN¥197.74 Billion +26.06%
Other Changes CN¥-272.05 Billion -35.85%
Total Change CN¥- -3.86%

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: 0.53x
  • 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 14.10x to 0.53x 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¥7.27 x
2004-12-31 CN¥0.27 CN¥7.27 x
2005-12-31 CN¥0.73 CN¥7.27 x
2006-12-31 CN¥0.97 CN¥7.27 x
2007-12-31 CN¥2.22 CN¥7.27 x
2008-12-31 CN¥3.41 CN¥7.27 x
2009-12-31 CN¥2.52 CN¥7.27 x
2010-12-31 CN¥2.96 CN¥7.27 x
2011-12-31 CN¥4.02 CN¥7.27 x
2012-12-31 CN¥4.22 CN¥7.27 x
2013-12-31 CN¥4.84 CN¥7.27 x
2014-12-31 CN¥5.55 CN¥7.27 x
2015-12-31 CN¥6.79 CN¥7.27 x
2016-12-31 CN¥7.74 CN¥7.27 x
2017-12-31 CN¥7.89 CN¥7.27 x
2018-12-31 CN¥8.63 CN¥7.27 x
2019-12-31 CN¥9.86 CN¥7.27 x
2020-12-31 CN¥10.19 CN¥7.27 x
2021-12-31 CN¥11.66 CN¥7.27 x
2022-12-31 CN¥12.31 CN¥7.27 x
2023-12-31 CN¥13.14 CN¥7.27 x
2024-12-31 CN¥14.85 CN¥7.27 x
2025-12-31 CN¥13.63 CN¥7.27 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): 9.31%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.83%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 13.35x
  • Recent ROE (9.31%) is below the historical average (12.61%), 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
2025 9.31% 19.83% 0.04x 13.35x CN¥-5.26 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: $119,185,056,537
  • Average return on equity (ROE) among peers: 10.82%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Citic Bank Corp Ltd Class A (601998) CN¥866.73 Billion 9.17% 10.82x $43.36 Billion
Ping An Bank Co Ltd (000001) $130.95 Billion 15.12% 15.70x $29.87 Billion
Bank of Ningbo Co Ltd (002142) $234.26 Billion 11.58% 12.34x $29.74 Billion
Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) $5.06 Billion 19.39% 13.51x $1.41 Billion
Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) $19.89 Billion 9.44% 10.00x $1.47 Billion
Bank of Zhengzhou Co Ltd Class A (002936) $59.41 Billion 5.43% 8.68x $1.77 Billion
Bank of Qingdao Co Ltd (002948) $6.96 Billion 10.61% 10.07x $2.86 Billion
Qingdao Rural Commercial Bank Corp Class A (002958) $270.47 Billion 1.04% 0.26x $2.29 Billion
Bank of Suzhou (002966) $15.64 Billion 10.22% 9.48x $5.06 Billion
Shanghai Pudong Development Bank Co Ltd (600000) $418.97 Billion 12.95% 13.63x $44.30 Billion
Hua Xia Bank Co Ltd (600015) $30.23 Billion 12.44% 26.96x $15.44 Billion

About China Citic Bank Corp Ltd Class A

SHG:601998 China Banks - Regional
Market Cap
$43.36 Billion
CN¥296.35 Billion CNY
Market Cap Rank
#632 Global
#38 in China
Share Price
CN¥7.27
Change (1 day)
-3.84%
52-Week Range
CN¥7.16 - CN¥8.98
All Time High
CN¥8.98
About

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, money transfer and settlement services, and guarantee services to corporat… Read more