Nanhua Futures Co Ltd (603093) - Net Assets

Latest as of September 2025: CN¥4.40 Billion CNY ≈ $644.54 Million USD

Based on the latest financial reports, Nanhua Futures Co Ltd (603093) has net assets worth CN¥4.40 Billion CNY (≈ $644.54 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥64.08 Billion ≈ $9.38 Billion USD) and total liabilities (CN¥59.67 Billion ≈ $8.73 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 how tangible is Nanhua Futures Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.40 Billion
% of Total Assets	6.87%
Annual Growth Rate	11.02%
5-Year Change	66.6%
10-Year Change	156.29%
Growth Volatility	5.29

Nanhua Futures Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Nanhua Futures Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Nanhua Futures Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Nanhua Futures Co Ltd (2012–2024)

The table below shows the annual net assets of Nanhua Futures Co Ltd from 2012 to 2024. For live valuation and market cap data, see Nanhua Futures Co Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥4.12 Billion ≈ $603.59 Million	+11.09%
2023-12-31	CN¥3.71 Billion ≈ $543.32 Million	+11.67%
2022-12-31	CN¥3.33 Billion ≈ $486.56 Million	+8.82%
2021-12-31	CN¥3.06 Billion ≈ $447.10 Million	+23.41%
2020-12-31	CN¥2.48 Billion ≈ $362.30 Million	+1.45%
2019-12-31	CN¥2.44 Billion ≈ $357.13 Million	+18.18%
2018-12-31	CN¥2.07 Billion ≈ $302.20 Million	+7.68%
2017-12-31	CN¥1.92 Billion ≈ $280.65 Million	+8.22%
2016-12-31	CN¥1.77 Billion ≈ $259.33 Million	+10.11%
2015-12-31	CN¥1.61 Billion ≈ $235.51 Million	+13.90%
2014-12-31	CN¥1.41 Billion ≈ $206.77 Million	+8.51%
2013-12-31	CN¥1.30 Billion ≈ $190.55 Million	+10.66%
2012-12-31	CN¥1.18 Billion ≈ $172.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Nanhua Futures Co Ltd'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 2669.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.95 Billion	47.31%
Common Stock	CN¥610.07 Million	14.82%
Other Components	CN¥1.56 Billion	37.87%
Total Equity	CN¥4.12 Billion	100.00%

Nanhua Futures Co Ltd Competitors by Market Cap

The table below lists competitors of Nanhua Futures Co Ltd ranked by their market capitalization.

Company	Market Cap
Acuren Corporation NYSE:TIC	$1.81 Billion
China Aluminum International Engineering Corp Ltd SHG:601068	$1.81 Billion
Shenzhen Qingyi Photomask Ltd SHG:688138	$1.81 Billion
ProPetro Holding Corp NYSE:PUMP	$1.81 Billion
Shenzhen Forms Syntron Information Co Ltd SHE:300468	$1.80 Billion
Outokumpu Oyj HE:OUT1V	$1.80 Billion
Shenzhen Topband Co Ltd SHE:002139	$1.80 Billion
Enerpac Tool Group Corp NYSE:EPAC	$1.80 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nanhua Futures Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,703,377,667 to 4,115,254,867, a change of 411,877,200 (11.1%).
Net income of 457,972,343 contributed positively to equity growth.
Dividend payments of 81,820,401 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥457.97 Million	+11.13%
Dividends Paid	CN¥81.82 Million	-1.99%
Other Changes	CN¥35.73 Million	+0.87%
Total Change	CN¥-	11.12%

Book Value vs Market Value Analysis

This analysis compares Nanhua Futures Co Ltd'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: 2.97x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 7.64x to 2.97x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	CN¥2.65	CN¥20.22	x
2013-12-31	CN¥2.57	CN¥20.22	x
2014-12-31	CN¥2.76	CN¥20.22	x
2015-12-31	CN¥3.07	CN¥20.22	x
2016-12-31	CN¥3.43	CN¥20.22	x
2017-12-31	CN¥3.73	CN¥20.22	x
2018-12-31	CN¥3.98	CN¥20.22	x
2019-12-31	CN¥4.19	CN¥20.22	x
2020-12-31	CN¥4.24	CN¥20.22	x
2021-12-31	CN¥4.99	CN¥20.22	x
2022-12-31	CN¥5.44	CN¥20.22	x
2023-12-31	CN¥6.07	CN¥20.22	x
2024-12-31	CN¥6.81	CN¥20.22	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanhua Futures Co Ltd 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): 11.13%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.96%
• Asset Turnover: 0.12x
• Equity Multiplier: 11.87x
Recent ROE (11.13%) is above the historical average (7.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	9.82%	23.55%	0.08x	5.24x	CN¥-2.14 Million
2013	10.12%	17.18%	0.11x	5.33x	CN¥1.57 Million
2014	7.60%	9.79%	0.11x	6.83x	CN¥-33.95 Million
2015	5.22%	9.31%	0.07x	8.54x	CN¥-75.87 Million
2016	8.75%	19.83%	0.05x	9.21x	CN¥-22.03 Million
2017	9.38%	8.76%	0.16x	6.69x	CN¥-11.78 Million
2018	6.04%	2.68%	0.41x	5.51x	CN¥-81.32 Million
2019	3.27%	0.83%	0.68x	5.79x	CN¥-163.24 Million
2020	3.83%	0.95%	0.45x	9.09x	CN¥-151.49 Million
2021	8.02%	2.31%	0.35x	9.90x	CN¥-60.16 Million
2022	7.42%	3.61%	0.20x	10.31x	CN¥-85.60 Million
2023	10.85%	6.45%	0.17x	9.81x	CN¥31.52 Million
2024	11.13%	7.96%	0.12x	11.87x	CN¥46.45 Million

Industry Comparison

This section compares Nanhua Futures Co Ltd's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $21,120,464,613
Average return on equity (ROE) among peers: -5.19%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nanhua Futures Co Ltd (603093)	CN¥4.40 Billion	9.82%	13.55x	$1.81 Billion
Shenwan Hongyuan Group Co Ltd (000166)	$84.83 Billion	6.76%	3.58x	$14.54 Billion
Northeast Securities Co Ltd (000686)	$16.15 Billion	6.24%	3.22x	$2.67 Billion
Guangdong Golden Dragon Development Inc (000712)	$5.01 Billion	18.25%	2.97x	$1.19 Billion
Guoyuan Securities Co Ltd (000728)	$20.89 Billion	6.73%	2.43x	$4.49 Billion
Sealand Securities Co Ltd (000750)	$23.44 Billion	3.27%	1.94x	$3.36 Billion
GF Securities Co Ltd (000776)	$191.66 Million	-112.19%	1.27x	$17.83 Billion
Changjiang Securities Co Ltd (000783)	$30.86 Billion	4.89%	4.15x	$6.33 Billion
Shanxi Securities Co Ltd (002500)	$6.30 Billion	3.07%	1.08x	$2.67 Billion
Western Securities Co Ltd (002673)	$17.43 Billion	1.15%	2.00x	$4.21 Billion
Huaxi Securities Co Ltd Class A (002926)	$6.12 Billion	9.97%	1.68x	$3.05 Billion

About Nanhua Futures Co Ltd

SHG:603093 China Capital Markets

Market Cap

$1.81 Billion

CN¥12.34 Billion CNY

Market Cap Rank

#6649 Global

#1463 in China

Share Price

CN¥20.22

Change (1 day)

-2.65%

52-Week Range

CN¥17.25 - CN¥27.79

All Time High

CN¥32.58