CHINA RAILWAY -H-
CHINA RAILWAY -H- operates in Diversified Metals & Mining.
CHINA RAILWAY -H- (CNO) - Net Assets
Latest net assets as of September 2024: €489.56 Billion EUR
Based on the latest financial reports, CHINA RAILWAY -H- (CNO) has net assets worth €489.56 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.13 Trillion) and total liabilities (€1.64 Trillion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €489.56 Billion |
| % of Total Assets | 23.0% |
| Annual Growth Rate | 17.46% |
| 5-Year Change | 87.35% |
| 10-Year Change | N/A |
| Growth Volatility | 7.84 |
CHINA RAILWAY -H- - Net Assets Trend (2016–2023)
This chart illustrates how CHINA RAILWAY -H-'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CHINA RAILWAY -H- (2016–2023)
The table below shows the annual net assets of CHINA RAILWAY -H- from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €459.90 Billion | +8.72% |
| 2022-12-31 | €423.02 Billion | +18.05% |
| 2021-12-31 | €358.34 Billion | +14.42% |
| 2020-12-31 | €313.19 Billion | +27.59% |
| 2019-12-31 | €245.47 Billion | +10.50% |
| 2018-12-31 | €222.14 Billion | +30.89% |
| 2017-12-31 | €169.72 Billion | +13.78% |
| 2016-12-31 | €149.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CHINA RAILWAY -H-'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 219.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €181.10 Billion | 54.46% |
| Other Components | €151.43 Billion | 45.54% |
| Total Equity | €332.53 Billion | 100.00% |
CHINA RAILWAY -H- Competitors by Market Cap
The table below lists competitors of CHINA RAILWAY -H- ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blackhawk Growth Corp
OTCGREY:BLRZF
|
$5.14K |
|
BLUSPRING ENTERPRISES LTD
NSE:BLUSPRING
|
$5.14K |
|
M.T.I Wireless Edge Ltd
LSE:MWE
|
$5.14K |
|
RF MICRO DEVICES
MU:RFM
|
$5.14K |
|
Lunai Bioworks Inc.
NASDAQ:LNAI
|
$5.13K |
|
C&R Research Inc.
KO:359090
|
$5.13K |
|
China Asset Management Co. - China Beijing Affordable Housing Center Rental Housing - Fund
SHG:508068
|
$5.12K |
|
SITO Mobile Ltd.
PINK:STTO
|
$5.12K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHINA RAILWAY -H-'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 301,205,054,000 to 332,533,508,000, a change of 31,328,454,000 (10.4%).
- Net income of 33,482,775,000 contributed positively to equity growth.
- Dividend payments of 23,142,357,000 reduced retained earnings.
- Other factors increased equity by 20,988,036,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €33.48 Billion | +10.07% |
| Dividends Paid | €23.14 Billion | -6.96% |
| Other Changes | €20.99 Billion | +6.31% |
| Total Change | €- | 10.40% |
Book Value vs Market Value Analysis
This analysis compares CHINA RAILWAY -H-'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: 0.04x
- 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 | €6.80 | €0.53 | x |
| 2018-12-31 | €8.40 | €0.53 | x |
| 2019-12-31 | €9.01 | €0.53 | x |
| 2020-12-31 | €10.39 | €0.53 | x |
| 2021-12-31 | €11.20 | €0.53 | x |
| 2022-12-31 | €12.17 | €0.53 | x |
| 2023-12-31 | €13.43 | €0.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHINA RAILWAY -H- 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): 10.07%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.65%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 5.50x
- Recent ROE (10.07%) is above the historical average (9.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.91% | 1.96% | 0.85x | 5.38x | €-1.52 Billion |
| 2017 | 10.34% | 2.33% | 0.82x | 5.43x | €528.77 Million |
| 2018 | 8.97% | 2.33% | 0.78x | 4.92x | €-1.98 Billion |
| 2019 | 10.69% | 2.79% | 0.80x | 4.77x | €1.53 Billion |
| 2020 | 9.86% | 2.58% | 0.81x | 4.70x | €-346.69 Million |
| 2021 | 10.03% | 2.57% | 0.79x | 4.95x | €90.52 Million |
| 2022 | 10.38% | 2.71% | 0.72x | 5.36x | €1.15 Billion |
| 2023 | 10.07% | 2.65% | 0.69x | 5.50x | €229.42 Million |
Industry Comparison
This section compares CHINA RAILWAY -H-'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHINA RAILWAY -H- (CNO) | €489.56 Billion | 8.91% | 3.35x | $5.13K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |