CRRC Corporation Limited
CRRC Corporation Limited, with its subsidiaries, engages in the research and development, design, manufacture, refurbishment, sale, leasing, and technical servicing of railway locomotives in Mainland China and internationally. It provides rolling stock, including electric and diesel locomotives, trains, EMU, DMU, trams and rail vehicles, metro cars, LRVs, coaches, wagons, and track machinery; com… Read more
CRRC Corporation Limited (CRCCY) - Net Assets
Latest net assets as of June 2025: $211.93 Billion USD
Based on the latest financial reports, CRRC Corporation Limited (CRCCY) has net assets worth $211.93 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 ($542.82 Billion) and total liabilities ($330.89 Billion). 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 | $211.93 Billion |
| % of Total Assets | 39.04% |
| Annual Growth Rate | 6.84% |
| 5-Year Change | 24.27% |
| 10-Year Change | N/A |
| Growth Volatility | 3.22 |
CRRC Corporation Limited - Net Assets Trend (2016–2024)
This chart illustrates how CRRC Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CRRC Corporation Limited (2016–2024)
The table below shows the annual net assets of CRRC Corporation Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $210.19 Billion | +6.96% |
| 2023-12-31 | $196.52 Billion | +2.90% |
| 2022-12-31 | $190.99 Billion | +4.77% |
| 2021-12-31 | $182.29 Billion | +7.77% |
| 2020-12-31 | $169.14 Billion | +6.49% |
| 2019-12-31 | $158.83 Billion | +6.11% |
| 2018-12-31 | $149.68 Billion | +5.51% |
| 2017-12-31 | $141.87 Billion | +14.59% |
| 2016-12-31 | $123.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CRRC 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 90.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $90.58 Billion | 53.67% |
| Other Components | $78.19 Billion | 46.33% |
| Total Equity | $168.77 Billion | 100.00% |
CRRC Corporation Limited Competitors by Market Cap
The table below lists competitors of CRRC Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Church & Dwight Company Inc
NYSE:CHD
|
$22.97 Billion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
$22.99 Billion |
|
Thales S.A
PINK:THLEF
|
$23.05 Billion |
|
Nebius Group N.V.
NASDAQ:NBIS
|
$23.11 Billion |
|
Volkswagen AG
PINK:VLKAF
|
$22.93 Billion |
|
Sampo Plc A
CO:SAMPO-DKK
|
$22.93 Billion |
|
Terna Rete Elettrica Nazionale
PINK:TEZNY
|
$22.88 Billion |
|
Grupo Financiero Banorte S.A.B. de C.V
OTCQX:GBOOF
|
$22.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CRRC Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 160,973,373,000 to 168,773,774,000, a change of 7,800,401,000 (4.8%).
- Net income of 12,387,514,000 contributed positively to equity growth.
- Dividend payments of 6,786,974,000 reduced retained earnings.
- Other factors increased equity by 2,199,861,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.39 Billion | +7.34% |
| Dividends Paid | $6.79 Billion | -4.02% |
| Other Changes | $2.20 Billion | +1.3% |
| Total Change | $- | 4.85% |
Book Value vs Market Value Analysis
This analysis compares CRRC 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: 1.36x
- 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 1.89x to 1.36x 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 | $4.24 | $7.99 | x |
| 2018-12-31 | $4.48 | $7.99 | x |
| 2019-12-31 | $4.74 | $7.99 | x |
| 2020-12-31 | $4.98 | $7.99 | x |
| 2021-12-31 | $5.18 | $7.99 | x |
| 2022-12-31 | $5.40 | $7.99 | x |
| 2023-12-31 | $5.61 | $7.99 | x |
| 2024-12-31 | $5.88 | $7.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CRRC 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): 7.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.03%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 3.04x
- Recent ROE (7.34%) is below the historical average (8.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.77% | 4.92% | 0.68x | 3.23x | $809.94 Million |
| 2017 | 8.88% | 5.12% | 0.56x | 3.09x | $-1.36 Billion |
| 2018 | 8.80% | 5.16% | 0.61x | 2.78x | $-1.54 Billion |
| 2019 | 8.68% | 5.15% | 0.60x | 2.82x | $-1.79 Billion |
| 2020 | 7.92% | 4.98% | 0.58x | 2.74x | $-2.97 Billion |
| 2021 | 6.93% | 4.56% | 0.53x | 2.87x | $-4.55 Billion |
| 2022 | 7.52% | 5.23% | 0.50x | 2.85x | $-3.85 Billion |
| 2023 | 7.28% | 5.00% | 0.50x | 2.93x | $-4.39 Billion |
| 2024 | 7.34% | 5.03% | 0.48x | 3.04x | $-4.49 Billion |
Industry Comparison
This section compares CRRC Corporation Limited's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $409,664,494,220
- Average return on equity (ROE) among peers: 9.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CRRC Corporation Limited (CRCCY) | $211.93 Billion | 10.77% | 1.56x | $22.96 Billion |
| Alstom PK (ALSMY) | $1.84 Billion | 9.84% | 9.00x | $659.84 Million |
| Alstom SA (AOMFF) | $9.10 Billion | -1.45% | 2.45x | $6.62 Billion |
| Bangkok Expressway and Metro Public Company Limited (BKKXF) | $37.66 Billion | 9.24% | 1.99x | $2.46 Billion |
| BTS Group Holdings Public Company Limited (BTGWF) | $52.15 Billion | 5.51% | 1.77x | $1.93 Billion |
| Central Japan Railway Co (CJPRY) | $3.51 Trillion | 12.51% | 1.65x | $9.22 Billion |
| Canadian National Railway Company (CNI) | $19.65 Billion | 18.04% | 1.28x | $58.49 Billion |
| Canadian Pacific Railway Ltd (CP) | $6.64 Billion | 29.40% | 2.23x | $68.42 Billion |
| China Railway Signal & Communication Corporation Limited (CRYCY) | $47.28 Billion | 7.69% | 1.47x | $7.38 Billion |
| CSX Corporation (CSX) | $4.59 Billion | -2.57% | 1.50x | $73.08 Billion |