Zhuzhou CRRC Times Electric Co. Ltd (ZTX) - Net Assets

Latest as of June 2025: €44.00 Billion EUR ≈ $51.45 Billion USD

Based on the latest financial reports, Zhuzhou CRRC Times Electric Co. Ltd (ZTX) has net assets worth €44.00 Billion EUR (≈ $51.45 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 (€69.18 Billion ≈ $80.87 Billion USD) and total liabilities (€25.17 Billion ≈ $29.43 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 strategically is Zhuzhou CRRC Times Electric Co. Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€44.00 Billion
% of Total Assets	63.61%
Annual Growth Rate	15.53%
5-Year Change	84.51%
10-Year Change	219.33%
Growth Volatility	8.95

Zhuzhou CRRC Times Electric Co. Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Zhuzhou CRRC Times Electric Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Zhuzhou CRRC Times Electric Co. Ltd market cap and net worth.

Annual Net Assets for Zhuzhou CRRC Times Electric Co. Ltd (2013–2024)

The table below shows the annual net assets of Zhuzhou CRRC Times Electric Co. Ltd from 2013 to 2024. Also explore ZTX year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	€44.76 Billion ≈ $52.33 Billion	+18.68%
2023-12-31	€37.72 Billion ≈ $44.09 Billion	+6.86%
2022-12-31	€35.30 Billion ≈ $41.26 Billion	+6.02%
2021-12-31	€33.29 Billion ≈ $38.92 Billion	+37.23%
2020-12-31	€24.26 Billion ≈ $28.36 Billion	+9.30%
2019-12-31	€22.20 Billion ≈ $25.95 Billion	+10.30%
2018-12-31	€20.12 Billion ≈ $23.53 Billion	+11.45%
2017-12-31	€18.06 Billion ≈ $21.11 Billion	+12.43%
2016-12-31	€16.06 Billion ≈ $18.78 Billion	+14.57%
2015-12-31	€14.02 Billion ≈ $16.39 Billion	+25.48%
2014-12-31	€11.17 Billion ≈ $13.06 Billion	+22.08%
2013-12-31	€9.15 Billion ≈ $10.70 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Zhuzhou CRRC Times Electric 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 434.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	€24.10 Billion	58.04%
Other Components	€17.42 Billion	41.96%
Total Equity	€41.53 Billion	100.00%

Zhuzhou CRRC Times Electric Co. Ltd Competitors by Market Cap

The table below lists competitors of Zhuzhou CRRC Times Electric Co. Ltd ranked by their market capitalization.

Company	Market Cap
CSC Financial Co. Ltd F:CS0	$1.78 Billion
Shandong Gettop Acoustic Co Ltd SHE:002655	$1.78 Billion
Arena Star Group Ltd TA:ARNA	$1.78 Billion
BaoJi Titanium Industry Co Ltd SHG:600456	$1.78 Billion
Polibeli Group Ltd Class A Ordinary Shares NASDAQ:PLBL	$1.78 Billion
Choice International Limited NSE:CHOICEIN	$1.78 Billion
Guangdong Alpha Animation and Culture Co Ltd SHE:002292	$1.78 Billion
Enerpac Tool Group Corp NYSE:EPAC	$1.78 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhuzhou CRRC Times Electric Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 36,865,956,579 to 41,527,759,522, a change of 4,661,802,943 (12.6%).
Net income of 3,702,585,914 contributed positively to equity growth.
Dividend payments of 1,127,270,869 reduced retained earnings.
Share repurchases of 354,679,056 reduced equity.
Other factors increased equity by 2,441,166,954.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€3.70 Billion	+8.92%
Dividends Paid	€1.13 Billion	-2.71%
Share Repurchases	€354.68 Million	-0.85%
Other Changes	€2.44 Billion	+5.88%
Total Change	€-	12.65%

Book Value vs Market Value Analysis

This analysis compares Zhuzhou CRRC Times Electric 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: 0.11x
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 0.21x to 0.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€15.11	€3.12	x
2018-12-31	€16.87	€3.12	x
2019-12-31	€18.64	€3.12	x
2020-12-31	€20.29	€3.12	x
2021-12-31	€23.03	€3.12	x
2022-12-31	€24.38	€3.12	x
2023-12-31	€26.03	€3.12	x
2024-12-31	€29.62	€3.12	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhuzhou CRRC Times Electric 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): 8.92%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.96%
• Asset Turnover: 0.38x
• Equity Multiplier: 1.56x
Recent ROE (8.92%) is below the historical average (13.22%), 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	16.27%	16.57%	0.66x	1.49x	€565.43 Million
2014	21.79%	18.89%	0.75x	1.54x	€1.30 Billion
2015	21.52%	20.04%	0.65x	1.66x	€1.59 Billion
2016	18.38%	19.81%	0.62x	1.50x	€1.32 Billion
2017	14.21%	16.66%	0.57x	1.50x	€747.04 Million
2018	13.18%	16.68%	0.54x	1.46x	€630.01 Million
2019	12.14%	16.31%	0.49x	1.51x	€468.14 Million
2020	10.38%	15.44%	0.47x	1.42x	€90.21 Million
2021	6.19%	13.34%	0.34x	1.35x	€-1.24 Billion
2022	7.40%	14.17%	0.37x	1.40x	€-897.25 Million
2023	8.25%	13.95%	0.41x	1.45x	€-645.84 Million
2024	8.92%	14.96%	0.38x	1.56x	€-450.19 Million

Industry Comparison

This section compares Zhuzhou CRRC Times Electric Co. Ltd's net assets metrics with peer companies in the Railroads industry.

Industry Context

Industry: Railroads
Average net assets among peers: $274,305,157,996
Average return on equity (ROE) among peers: 3.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhuzhou CRRC Times Electric Co. Ltd (ZTX)	€44.00 Billion	16.27%	0.57x	$1.78 Billion
ALSTOM S.A. UNSP.ADR 1/10 (AOMU)	$10.78 Billion	3.00%	2.25x	$9.13 Billion
Bangkok Expressway and Metro PCL F (B4X)	$36.56 Billion	10.31%	2.63x	$1.83K
CRRC Corporation Limited (C2L)	$113.57 Billion	10.41%	1.74x	$3.12 Billion
SBF AG (CY1K)	$36.84 Million	-1.76%	0.33x	$33.14 Million
EAST JP RAILW. ADR 1/6 (EJR0)	$2.50 Trillion	3.97%	2.74x	$21.61 Billion
Guangshen Railway Company Limited (GRCH)	$26.69 Billion	4.77%	0.24x	$414.99 Million
HEBEI YICHEN GRP H YC 05 (HE2)	$2.47 Billion	6.51%	0.45x	$8.37 Million
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft (HVB)	$275.40 Million	-24.95%	1.13x	$166.40 Million
China Railway Signal & Communication Corporation Limited (RS3)	$52.47 Billion	7.03%	1.25x	$754.97 Million
GETLINK ADR EO-40 (TNU)	$2.47 Billion	13.20%	2.66x	$8.29 Billion

About Zhuzhou CRRC Times Electric Co. Ltd

F:ZTX Germany Railroads

Market Cap

$1.78 Billion

€1.53 Billion EUR

Market Cap Rank

#6573 Global

#964 in Germany

Share Price

€3.12

Change (1 day)

-1.89%

52-Week Range

€3.12 - €5.05

All Time High

€5.05