China Railway Signal & Communication Corporation Limited (RS3) - Net Assets
Based on the latest financial reports, China Railway Signal & Communication Corporation Limited (RS3) has net assets worth €52.47 Billion EUR (≈ $61.34 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€118.32 Billion ≈ $138.33 Billion USD) and total liabilities (€65.85 Billion ≈ $76.99 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 China Railway Signal & Communication Cor tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €52.47 Billion |
| % of Total Assets | 44.35% |
| Annual Growth Rate | 14.81% |
| 5-Year Change | 15.65% |
| 10-Year Change | 131.25% |
| Growth Volatility | 17.01 |
China Railway Signal & Communication Corporation Limited - Net Assets Trend (2013–2025)
This chart illustrates how China Railway Signal & Communication Corporation Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of China Railway Signal & Communication Cor to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China Railway Signal & Communication Corporation Limited (2013–2025)
The table below shows the annual net assets of China Railway Signal & Communication Corporation Limited from 2013 to 2025. For live valuation and market cap data, see RS3 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €52.47 Billion ≈ $61.34 Billion |
+4.03% |
| 2024-12-31 | €50.44 Billion ≈ $58.96 Billion |
+3.19% |
| 2023-12-31 | €48.87 Billion ≈ $57.14 Billion |
+3.38% |
| 2022-12-31 | €47.28 Billion ≈ $55.27 Billion |
+4.20% |
| 2021-12-31 | €45.37 Billion ≈ $53.04 Billion |
+2.42% |
| 2020-12-31 | €44.30 Billion ≈ $51.79 Billion |
+3.68% |
| 2019-12-31 | €42.72 Billion ≈ $49.95 Billion |
+41.14% |
| 2018-12-31 | €30.27 Billion ≈ $35.39 Billion |
+20.01% |
| 2017-12-31 | €25.22 Billion ≈ $29.49 Billion |
+11.17% |
| 2016-12-31 | €22.69 Billion ≈ $26.53 Billion |
+14.97% |
| 2015-12-31 | €19.74 Billion ≈ $23.07 Billion |
+58.19% |
| 2014-12-31 | €12.48 Billion ≈ $14.58 Billion |
+24.77% |
| 2013-12-31 | €10.00 Billion ≈ $11.69 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to China Railway Signal & Communication Corporation Limited'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 671.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.89 Billion | 35.90% |
| Other Components | €31.95 Billion | 64.10% |
| Total Equity | €49.84 Billion | 100.00% |
China Railway Signal & Communication Corporation Limited Competitors by Market Cap
The table below lists competitors of China Railway Signal & Communication Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Raisecom Technology Co Ltd
SHG:603803
|
$828.78 Million |
|
Lighthouse Capital Ltd
JSE:LTE
|
$828.94 Million |
|
Coretronic
TWO:5371
|
$829.00 Million |
|
Cablevision Holding SA
BA:CVH
|
$829.01 Million |
|
Theravance Biopharma Inc
F:0TB
|
$828.57 Million |
|
J.S. Corrugating Machinery Co Ltd
SHE:000821
|
$828.52 Million |
|
Koppers Holdings Inc
NYSE:KOP
|
$828.51 Million |
|
Heritage Commerce Corp
NASDAQ:HTBK
|
$828.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Railway Signal & Communication Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 48,025,007,376 to 49,843,067,278, a change of 1,818,059,902 (3.8%).
- Net income of 3,686,410,572 contributed positively to equity growth.
- Dividend payments of 2,431,255,960 reduced retained earnings.
- Other factors increased equity by 562,905,291.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.69 Billion | +7.4% |
| Dividends Paid | €2.43 Billion | -4.88% |
| Other Changes | €562.91 Million | +1.13% |
| Total Change | €- | 3.79% |
Book Value vs Market Value Analysis
This analysis compares China Railway Signal & Communication Corporation Limited'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: 0.08x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.73 | €0.36 | x |
| 2018-12-31 | €3.29 | €0.36 | x |
| 2019-12-31 | €3.88 | €0.36 | x |
| 2020-12-31 | €4.02 | €0.36 | x |
| 2021-12-31 | €4.11 | €0.36 | x |
| 2022-12-31 | €4.28 | €0.36 | x |
| 2023-12-31 | €4.42 | €0.36 | x |
| 2024-12-31 | €4.54 | €0.36 | x |
| 2025-12-31 | €4.71 | €0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Railway Signal & Communication Corporation Limited 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): 7.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.67%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.37x
- Recent ROE (7.40%) is below the historical average (10.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.63% | 9.65% | 0.60x | 2.17x | €262.29 Million |
| 2014 | 17.43% | 11.73% | 0.61x | 2.45x | €867.10 Million |
| 2015 | 13.25% | 10.42% | 0.57x | 2.23x | €612.07 Million |
| 2016 | 14.08% | 10.37% | 0.58x | 2.32x | €883.68 Million |
| 2017 | 13.78% | 9.61% | 0.56x | 2.55x | €908.14 Million |
| 2018 | 12.11% | 8.79% | 0.50x | 2.76x | €610.41 Million |
| 2019 | 9.28% | 9.16% | 0.43x | 2.37x | €-296.09 Million |
| 2020 | 8.97% | 9.52% | 0.38x | 2.47x | €-437.30 Million |
| 2021 | 7.52% | 8.54% | 0.35x | 2.50x | €-1.08 Billion |
| 2022 | 8.02% | 9.04% | 0.34x | 2.58x | €-898.75 Million |
| 2023 | 7.43% | 9.40% | 0.31x | 2.54x | €-1.20 Billion |
| 2024 | 7.28% | 10.76% | 0.28x | 2.45x | €-1.31 Billion |
| 2025 | 7.40% | 10.67% | 0.29x | 2.37x | €-1.30 Billion |
Industry Comparison
This section compares China Railway Signal & Communication Corporation Limited's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $333,378,671,542
- Average return on equity (ROE) among peers: 1.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Railway Signal & Communication Corporation Limited (RS3) | €52.47 Billion | 12.63% | 1.25x | $828.62 Million |
| ALSTOM S.A. UNSP.ADR 1/10 (AOMU) | $9.10 Billion | -1.45% | 2.45x | $9.13 Billion |
| Bangkok Expressway and Metro PCL F (B4X) | $37.66 Billion | 9.24% | 1.99x | $1.49K |
| CRRC Corporation Limited (C2L) | $182.29 Billion | 5.65% | 1.34x | $3.12 Billion |
| SBF AG (CY1K) | $8.25 Million | -0.02% | 0.04x | $39.15 Million |
| EAST JP RAILW. ADR 1/6 (EJR0) | $2.74 Trillion | 7.17% | 2.57x | $21.61 Billion |
| Guangshen Railway Company Limited (GRCH) | $27.20 Billion | -3.58% | 0.37x | $381.52 Million |
| HEBEI YICHEN GRP H YC 05 (HE2) | $2.39 Billion | -2.12% | 0.46x | $11.87 Million |
| ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft (HVB) | $80.15 Million | -13.37% | 3.52x | $189.80 Million |
| GETLINK ADR EO-40 (TNU) | $2.43 Billion | 10.36% | 2.58x | $8.29 Billion |
About China Railway Signal & Communication Corporation Limited
China Railway Signal & Communication Corporation Limited, together with its subsidiaries, provides rail transportation control system solutions in China and internationally. It operates through Rail Transportation Control System, General Engineering Contracting, and Others segments. The company offers design and integration, and system integration services for rail transportation control system-r… Read more