China Citic Bank Corp Ltd Class A Net Assets
China Citic Bank Corp Ltd Class A net assets. 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. Also explore 601998 shareholders equity momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of China Citic Bank Corp Ltd Class A (2003–2025)
Net assets of China Citic Bank Corp Ltd Class A from 2003 to 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 China Citic Bank Corp Ltd Class A (601998) balance sheet quality index to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see market value of China Citic Bank Corp Ltd Class A.
| 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.
China Citic Bank Corp Ltd Class A Net Assets Breakdown (December 2025)
China Citic Bank Corp Ltd Class A net assets breakdown by equity component as of 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 |
|---|---|
|
HONGK.EXCH.+CLEA.UNSP.ADR
F:HK2
|
$56.49 Billion |
|
PING AN INSURANC.H ADR/2
F:PZXB
|
$56.60 Billion |
|
Aon PLC
F:4VK
|
$56.77 Billion |
|
WW Grainger Inc
NYSE:GWW
|
$56.83 Billion |
|
Deutsche Post AG
XETRA:DHL
|
$56.42 Billion |
|
Larsen & Toubro Limited
IL:LTOD
|
$56.36 Billion |
|
Natera Inc
NASDAQ:NTRA
|
$56.33 Billion |
|
Diageo plc
MX:DEON
|
$56.31 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: 0.69x
- 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 18.35x to 0.69x 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¥9.46 | x |
| 2004-12-31 | CN¥0.27 | CN¥9.46 | x |
| 2005-12-31 | CN¥0.73 | CN¥9.46 | x |
| 2006-12-31 | CN¥0.97 | CN¥9.46 | x |
| 2007-12-31 | CN¥2.22 | CN¥9.46 | x |
| 2008-12-31 | CN¥3.41 | CN¥9.46 | x |
| 2009-12-31 | CN¥2.52 | CN¥9.46 | x |
| 2010-12-31 | CN¥2.96 | CN¥9.46 | x |
| 2011-12-31 | CN¥4.02 | CN¥9.46 | x |
| 2012-12-31 | CN¥4.22 | CN¥9.46 | x |
| 2013-12-31 | CN¥4.84 | CN¥9.46 | x |
| 2014-12-31 | CN¥5.55 | CN¥9.46 | x |
| 2015-12-31 | CN¥6.79 | CN¥9.46 | x |
| 2016-12-31 | CN¥7.74 | CN¥9.46 | x |
| 2017-12-31 | CN¥7.89 | CN¥9.46 | x |
| 2018-12-31 | CN¥8.63 | CN¥9.46 | x |
| 2019-12-31 | CN¥9.86 | CN¥9.46 | x |
| 2020-12-31 | CN¥10.19 | CN¥9.46 | x |
| 2021-12-31 | CN¥11.66 | CN¥9.46 | x |
| 2022-12-31 | CN¥12.31 | CN¥9.46 | x |
| 2023-12-31 | CN¥13.14 | CN¥9.46 | x |
| 2024-12-31 | CN¥14.85 | CN¥9.46 | x |
| 2025-12-31 | CN¥13.63 | CN¥9.46 | 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: $69,183,452,644
- Average return on equity (ROE) among peers: 14.05%
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 | $56.43 Billion |
| Ping An Bank Co Ltd (000001) | $20.47 Billion | 24.58% | 27.72x | $33.05 Billion |
| Bank of Ningbo Co Ltd (002142) | $22.12 Billion | 18.39% | 15.85x | $33.99 Billion |
| Jiangsu Jiangyin Rural Commercial Bank Co Ltd (002807) | $9.01 Billion | 8.63% | 10.55x | $1.73 Billion |
| Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd (002839) | $7.45 Billion | 9.26% | 11.11x | $1.61 Billion |
| Bank of Zhengzhou Co Ltd Class A (002936) | $7.67 Billion | 19.04% | 12.52x | $1.82 Billion |
| Bank of Qingdao Co Ltd (002948) | $16.61 Billion | 10.92% | 10.27x | $3.23 Billion |
| Qingdao Rural Commercial Bank Corp Class A (002958) | $13.49 Billion | 13.82% | 11.24x | $2.46 Billion |
| Bank of Suzhou (002966) | $20.91 Billion | 9.33% | 11.46x | $6.50 Billion |
| Shanghai Pudong Development Bank Co Ltd (600000) | $561.05 Billion | 10.50% | 11.49x | $48.83 Billion |
| Hua Xia Bank Co Ltd (600015) | $13.06 Billion | 16.09% | 44.37x | $14.88 Billion |
About 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, money transfer and settlement services, and guarantee services to corporat… Read more