Nanhua Futures Co Ltd Net Assets
Nanhua Futures Co Ltd net assets. 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. Also explore 603093 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¥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 |
Net Assets of Nanhua Futures Co Ltd (2012–2024)
Net assets of Nanhua Futures Co Ltd from 2012 to 2024. This chart illustrates how Nanhua Futures Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Nanhua Futures Co Ltd to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see Nanhua Futures Co Ltd market capitalisation.
| 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 |
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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.
Nanhua Futures Co Ltd Net Assets Breakdown (December 2024)
Nanhua Futures Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
$1.15 Billion |
|
Sixt SE
XETRA:SIX3
|
$1.15 Billion |
|
TTW Public Company Limited
BK:TTW-R
|
$1.15 Billion |
|
Dongguan Eontec Co Ltd
SHE:300328
|
$1.15 Billion |
|
Chengdu Haoneng Tech Co Ltd
SHG:603809
|
$1.15 Billion |
|
ABOUT YOU Holding AG
F:YOU
|
$1.15 Billion |
|
EFORT Intelligent Equipment Co Ltd
SHG:688165
|
$1.15 Billion |
|
Companhia Siderúrgica Nacional
SA:CSNA3
|
$1.15 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: 1.89x
- 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 4.86x to 1.89x 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¥12.87 | x |
| 2013-12-31 | CN¥2.57 | CN¥12.87 | x |
| 2014-12-31 | CN¥2.76 | CN¥12.87 | x |
| 2015-12-31 | CN¥3.07 | CN¥12.87 | x |
| 2016-12-31 | CN¥3.43 | CN¥12.87 | x |
| 2017-12-31 | CN¥3.73 | CN¥12.87 | x |
| 2018-12-31 | CN¥3.98 | CN¥12.87 | x |
| 2019-12-31 | CN¥4.19 | CN¥12.87 | x |
| 2020-12-31 | CN¥4.24 | CN¥12.87 | x |
| 2021-12-31 | CN¥4.99 | CN¥12.87 | x |
| 2022-12-31 | CN¥5.44 | CN¥12.87 | x |
| 2023-12-31 | CN¥6.07 | CN¥12.87 | x |
| 2024-12-31 | CN¥6.81 | CN¥12.87 | 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: $19,655,877,742
- Average return on equity (ROE) among peers: 4.81%
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 | $1.15 Billion |
| Shenwan Hongyuan Group Co Ltd (000166) | $90.09 Billion | 8.62% | 4.45x | $14.41 Billion |
| Northeast Securities Co Ltd (000686) | $18.69 Billion | 8.69% | 3.29x | $2.46 Billion |
| Guangdong Golden Dragon Development Inc (000712) | $5.17 Billion | -3.50% | 4.76x | $1.09 Billion |
| Guoyuan Securities Co Ltd (000728) | $25.38 Billion | 4.74% | 2.14x | $4.42 Billion |
| Sealand Securities Co Ltd (000750) | $14.04 Billion | 0.52% | 3.50x | $3.22 Billion |
| GF Securities Co Ltd (000776) | $266.75 Million | 4.73% | 0.31x | $16.50 Billion |
| Changjiang Securities Co Ltd (000783) | $9.53 Billion | 13.46% | 2.75x | $5.63 Billion |
| Shanxi Securities Co Ltd (002500) | $6.30 Billion | 3.07% | 1.08x | $2.66 Billion |
| Western Securities Co Ltd (002673) | $4.65 Billion | 5.92% | 1.46x | $4.06 Billion |
| Huaxi Securities Co Ltd Class A (002926) | $22.44 Billion | 1.88% | 3.36x | $2.93 Billion |
About Nanhua Futures Co Ltd
Nanhua Futures Co., Ltd. provides future brokerage, wealth management, risk management, financial, and future investment consulting services in China and internationally. The company offers future brokerage services, including commodity and financial future services; and wealth management services, such as asset management, public fund, and securities investment fund agency services. It also prov… Read more