China Railway Signal & Communication Corporation Limited (RS3) - Net Assets

Latest as of June 2025: €50.50 Billion EUR ≈ $59.04 Billion USD

Based on the latest financial reports, China Railway Signal & Communication Corporation Limited (RS3) has net assets worth €50.50 Billion EUR (≈ $59.04 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€115.51 Billion ≈ $135.04 Billion USD) and total liabilities (€65.01 Billion ≈ $76.00 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets €50.50 Billion
% of Total Assets 43.72%
Annual Growth Rate 15.85%
5-Year Change 13.86%
10-Year Change 155.56%
Growth Volatility 17.36

China Railway Signal & Communication Corporation Limited - Net Assets Trend (2013–2024)

This chart illustrates how China Railway Signal & Communication Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore RS3 total assets for the complete picture of this company's asset base.

Annual Net Assets for China Railway Signal & Communication Corporation Limited (2013–2024)

The table below shows the annual net assets of China Railway Signal & Communication Corporation Limited from 2013 to 2024. For live valuation and market cap data, see RS3 company net worth.

Year Net Assets Change
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 604.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €16.34 Billion 34.03%
Other Components €31.68 Billion 65.97%
Total Equity €48.03 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
Bangkok Life Assurance Public Company Limited
F:XBLA
$856.58 Million
Guangdong Wencan Die Casting Co Ltd
SHG:603348
$856.85 Million
Yuhuan CNC Machine Tool Co Ltd
SHE:002903
$856.89 Million
SEC Electric Mach Co Ltd
SHG:603988
$857.33 Million
Omnijoi Media Corp
SHE:300528
$856.03 Million
Salfacorp
SN:SALFACORP
$855.74 Million
Jdd Tech New Mat Co Ltd
SHE:301538
$855.73 Million
Sun Country Airlines Holdings Inc
NASDAQ:SNCY
$855.69 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 2023 to 2024, total equity changed from 46,812,051,907 to 48,025,007,376, a change of 1,212,955,469 (2.6%).
  • Net income of 3,494,725,837 contributed positively to equity growth.
  • Dividend payments of 2,429,743,090 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €3.49 Billion +7.28%
Dividends Paid €2.43 Billion -5.06%
Other Changes €147.97 Million +0.31%
Total Change €- 2.59%

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 €0.37 x
2018-12-31 €3.29 €0.37 x
2019-12-31 €3.88 €0.37 x
2020-12-31 €4.02 €0.37 x
2021-12-31 €4.11 €0.37 x
2022-12-31 €4.28 €0.37 x
2023-12-31 €4.42 €0.37 x
2024-12-31 €4.54 €0.37 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): 7.28%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.76%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 2.45x
  • Recent ROE (7.28%) is below the historical average (10.98%), 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

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: $341,645,354,595
  • Average return on equity (ROE) among peers: -4.31%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Railway Signal & Communication Corporation Limited (RS3) €50.50 Billion 12.63% 1.29x $856.25 Million
ALSTOM S.A. UNSP.ADR 1/10 (AOMU) $10.58 Billion 1.41% 2.27x $9.13 Billion
Bangkok Expressway and Metro PCL F (B4X) $29.78 Billion 8.75% 1.78x $1.31K
CRRC Corporation Limited (C2L) $123.80 Billion 9.12% 1.73x $3.12 Billion
SBF AG (CY1K) $6.71 Million -59.12% 0.67x $31.84 Million
EAST JP RAILW. ADR 1/6 (EJR0) $2.87 Trillion 7.81% 2.54x $21.61 Billion
Guangshen Railway Company Limited (GRCH) $26.79 Billion 2.47% 0.14x $414.99 Million
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft (HVB) $36.24 Million -47.50% 11.13x $187.98 Million
Vossloh AG (VOS) $428.70 Million 16.84% 2.24x $1.35 Billion
Zhuzhou CRRC Times Electric Co. Ltd (ZTX) $11.17 Billion 21.44% 0.52x $2.18 Billion

About China Railway Signal & Communication Corporation Limited

F:RS3 Germany Railroads
Market Cap
$856.25 Million
€732.39 Million EUR
Market Cap Rank
#9825 Global
#1180 in Germany
Share Price
€0.37
Change (1 day)
-3.13%
52-Week Range
€0.33 - €0.41
All Time High
€0.42
About

China Railway Signal & Communication Corporation Limited, together with its subsidiaries, provides rail transportation control system solutions in China and internationally. It operates through three segments: Rail Transportation Control System, General Engineering Contracting, and Others. The company offers design and integration, and system integration services for rail transportation control s… Read more