Zhuzhou CRRC Times Electric Co. Ltd
Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the provision of propulsion and control systems in Mainland China and internationally. It offers traction converter systems, power supply systems, informationization and intelligent system products, test equipment, urban rail vehicle door systems, electrical system of passenger car, technological equipment of urban … Read more
Zhuzhou CRRC Times Electric Co. Ltd (ZHUZF) - Net Assets
Latest net assets as of September 2025: $44.53 Billion USD
Based on the latest financial reports, Zhuzhou CRRC Times Electric Co. Ltd (ZHUZF) has net assets worth $44.53 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($69.52 Billion) and total liabilities ($24.99 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 | $44.53 Billion |
| % of Total Assets | 64.06% |
| Annual Growth Rate | 24.89% |
| 5-Year Change | 84.51% |
| 10-Year Change | 227.29% |
| Growth Volatility | 71.5 |
Zhuzhou CRRC Times Electric Co. Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Zhuzhou CRRC Times Electric Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhuzhou CRRC Times Electric Co. Ltd (2005–2024)
The table below shows the annual net assets of Zhuzhou CRRC Times Electric Co. Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $44.76 Billion | +18.68% |
| 2023-12-31 | $37.72 Billion | +6.86% |
| 2022-12-31 | $35.30 Billion | +6.02% |
| 2021-12-31 | $33.29 Billion | +37.23% |
| 2020-12-31 | $24.26 Billion | +9.30% |
| 2019-12-31 | $22.20 Billion | +10.30% |
| 2018-12-31 | $20.12 Billion | +11.45% |
| 2017-12-31 | $18.06 Billion | +12.43% |
| 2016-12-31 | $16.06 Billion | +17.43% |
| 2015-12-31 | $13.68 Billion | +22.43% |
| 2014-12-31 | $11.17 Billion | +22.08% |
| 2013-12-31 | $9.15 Billion | +44.94% |
| 2012-12-31 | $6.31 Billion | +16.10% |
| 2011-12-31 | $5.44 Billion | +20.76% |
| 2010-12-31 | $4.50 Billion | +16.09% |
| 2009-12-31 | $3.88 Billion | +13.16% |
| 2008-12-31 | $3.43 Billion | +18.63% |
| 2007-12-31 | $2.89 Billion | +1.45% |
| 2006-12-31 | $2.85 Billion | +334.01% |
| 2005-12-31 | $656.21 Million | -- |
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 2410386500000.0% 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% |
| Common Stock | $1.41 Billion | 3.39% |
| Other Comprehensive Income | $-119.77 Million | -0.29% |
| Other Components | $16.14 Billion | 38.86% |
| 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 |
|---|---|
|
Allreal
PINK:ALRHF
|
$2.39 Billion |
|
SEACOAST BKG FLA DL-10
F:SBG1
|
$2.39 Billion |
|
USA Rare Earth, Inc.
NASDAQ:USAR
|
$2.39 Billion |
|
China State Construction International Holdings Limited
PINK:CCOHF
|
$2.39 Billion |
|
Plus500 Ltd
PINK:PLSQF
|
$2.39 Billion |
|
Catena AB
ST:CATE
|
$2.39 Billion |
|
Wanda Cinema Line Corp
SHE:002739
|
$2.39 Billion |
|
CACTUS INC. CL.A DL-01
F:43C
|
$2.39 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 36,998,130,898 to 41,527,760,000, a change of 4,529,629,102 (12.2%).
- 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 comprehensive income increased equity by 54,709,247.
- Other factors increased equity by 2,254,283,866.
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 Comprehensive Income | $54.71 Million | +0.13% |
| Other Changes | $2.25 Billion | +5.43% |
| Total Change | $- | 12.24% |
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: 0.12x
- 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 3.71x to 0.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.98 | $3.65 | x |
| 2006-12-31 | $4.17 | $3.65 | x |
| 2007-12-31 | $2.66 | $3.65 | x |
| 2008-12-31 | $3.14 | $3.65 | x |
| 2009-12-31 | $3.49 | $3.65 | x |
| 2010-12-31 | $4.06 | $3.65 | x |
| 2011-12-31 | $4.90 | $3.65 | x |
| 2012-12-31 | $5.70 | $3.65 | x |
| 2013-12-31 | $8.19 | $3.65 | x |
| 2014-12-31 | $9.35 | $3.65 | x |
| 2015-12-31 | $11.46 | $3.65 | x |
| 2016-12-31 | $13.44 | $3.65 | x |
| 2017-12-31 | $15.11 | $3.65 | x |
| 2018-12-31 | $16.87 | $3.65 | x |
| 2019-12-31 | $18.62 | $3.65 | x |
| 2020-12-31 | $20.33 | $3.65 | x |
| 2021-12-31 | $26.35 | $3.65 | x |
| 2022-12-31 | $24.32 | $3.65 | x |
| 2023-12-31 | $26.12 | $3.65 | x |
| 2024-12-31 | $29.41 | $3.65 | 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: 14.86%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.56x
- Recent ROE (8.92%) is below the historical average (15.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 33.60% | 21.22% | 0.67x | 2.35x | $148.72 Million |
| 2006 | 10.43% | 23.63% | 0.33x | 1.33x | $12.11 Million |
| 2007 | 12.02% | 22.53% | 0.45x | 1.18x | $58.45 Million |
| 2008 | 12.39% | 19.93% | 0.51x | 1.22x | $81.39 Million |
| 2009 | 14.04% | 15.96% | 0.62x | 1.43x | $152.84 Million |
| 2010 | 19.34% | 14.61% | 0.83x | 1.59x | $411.55 Million |
| 2011 | 22.28% | 16.62% | 0.82x | 1.63x | $652.78 Million |
| 2012 | 19.76% | 16.92% | 0.75x | 1.56x | $603.29 Million |
| 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 | 21.96% | 20.91% | 0.65x | 1.62x | $1.61 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% | 13.61% | 0.34x | 1.35x | $-1.24 Billion |
| 2022 | 7.40% | 13.95% | 0.38x | 1.40x | $-897.25 Million |
| 2023 | 8.22% | 13.85% | 0.41x | 1.44x | $-659.05 Million |
| 2024 | 8.92% | 14.86% | 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: $385,612,201,198
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuzhou CRRC Times Electric Co. Ltd (ZHUZF) | $44.53 Billion | 33.60% | 0.56x | $2.39 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 |
| CRRC Corporation Limited (CRCCY) | $169.14 Billion | 6.70% | 1.32x | $22.96 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 |