China High-Speed Railway Technology (000008) - Net Assets

Latest as of September 2025: CN¥3.02 Billion CNY ≈ $441.84 Million USD

Based on the latest financial reports, China High-Speed Railway Technology (000008) has net assets worth CN¥3.02 Billion CNY (≈ $441.84 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.11 Billion ≈ $1.33 Billion USD) and total liabilities (CN¥6.09 Billion ≈ $891.28 Million 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 High-Speed Railway Technology liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.02 Billion
% of Total Assets 33.14%
Annual Growth Rate 14.25%
5-Year Change -53.39%
10-Year Change 6.88%
Growth Volatility 136.61

China High-Speed Railway Technology - Net Assets Trend (1991–2024)

This chart illustrates how China High-Speed Railway Technology's net assets have evolved over time, based on quarterly financial data. Also explore 000008 asset base for the complete picture of this company's asset base.

Annual Net Assets for China High-Speed Railway Technology (1991–2024)

The table below shows the annual net assets of China High-Speed Railway Technology from 1991 to 2024. For live valuation and market cap data, see market cap of China High-Speed Railway Technology.

Year Net Assets Change
2024-12-31 CN¥3.11 Billion
≈ $454.82 Million
-14.95%
2023-12-31 CN¥3.65 Billion
≈ $534.75 Million
-18.43%
2022-12-31 CN¥4.48 Billion
≈ $655.59 Million
-16.04%
2021-12-31 CN¥5.34 Billion
≈ $780.84 Million
-19.98%
2020-12-31 CN¥6.67 Billion
≈ $975.82 Million
-11.98%
2019-12-31 CN¥7.58 Billion
≈ $1.11 Billion
+2.32%
2018-12-31 CN¥7.40 Billion
≈ $1.08 Billion
+3.03%
2017-12-31 CN¥7.19 Billion
≈ $1.05 Billion
+16.44%
2016-12-31 CN¥6.17 Billion
≈ $903.23 Million
+112.25%
2015-12-31 CN¥2.91 Billion
≈ $425.54 Million
+386.01%
2014-12-31 CN¥598.35 Million
≈ $87.56 Million
+6.17%
2013-12-31 CN¥563.58 Million
≈ $82.47 Million
+4.21%
2012-12-31 CN¥540.83 Million
≈ $79.14 Million
+632.22%
2011-12-31 CN¥73.86 Million
≈ $10.81 Million
-0.48%
2010-12-31 CN¥74.22 Million
≈ $10.86 Million
+1.21%
2009-12-31 CN¥73.33 Million
≈ $10.73 Million
-0.86%
2008-12-31 CN¥73.96 Million
≈ $10.82 Million
+1.02%
2007-12-31 CN¥73.21 Million
≈ $10.71 Million
+2.35%
2006-12-31 CN¥71.53 Million
≈ $10.47 Million
+5.13%
2005-12-31 CN¥68.04 Million
≈ $9.96 Million
-6.61%
2004-12-31 CN¥72.85 Million
≈ $10.66 Million
+138.39%
2003-12-31 CN¥30.56 Million
≈ $4.47 Million
+193.50%
2002-12-31 CN¥-32.69 Million
≈ $-4.78 Million
+5.48%
2001-12-31 CN¥-34.58 Million
≈ $-5.06 Million
-127.84%
2000-12-31 CN¥124.20 Million
≈ $18.17 Million
+26.03%
1999-12-31 CN¥98.54 Million
≈ $14.42 Million
+9.63%
1998-12-31 CN¥89.89 Million
≈ $13.15 Million
-41.06%
1997-12-31 CN¥152.51 Million
≈ $22.32 Million
+5.49%
1996-12-31 CN¥144.58 Million
≈ $21.16 Million
-10.62%
1995-12-31 CN¥161.76 Million
≈ $23.67 Million
-0.07%
1994-12-31 CN¥161.88 Million
≈ $23.69 Million
+19.36%
1993-12-31 CN¥135.61 Million
≈ $19.84 Million
+176.89%
1992-12-31 CN¥48.98 Million
≈ $7.17 Million
+27.86%
1991-12-31 CN¥38.31 Million
≈ $5.61 Million
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Equity Component Analysis

This analysis shows how different components contribute to China High-Speed Railway Technology'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 decreased by 240799100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥2.72 Billion 89.62%
Other Comprehensive Income CN¥181.01 Million 5.97%
Other Components CN¥2.54 Billion 83.85%
Total Equity CN¥3.03 Billion 100.00%

China High-Speed Railway Technology Competitors by Market Cap

The table below lists competitors of China High-Speed Railway Technology ranked by their market capitalization.

Company Market Cap
BP PLC
LSE:BP
$1.07 Billion
Sihui Fuji Electronics Technology Co Ltd
SHE:300852
$1.07 Billion
Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund
NYSE:PTA
$1.07 Billion
Iperionx Ltd
AU:IPX
$1.07 Billion
Hagar hf
IC:HAGA
$1.07 Billion
CTS International Logistics Corp Ltd
SHG:603128
$1.07 Billion
Tompkins Financial Corporation
NYSE MKT:TMP
$1.07 Billion
Shinsung Delta Tech Co.Ltd
KQ:065350
$1.07 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China High-Speed Railway Technology's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,551,813,519 to 3,030,849,000, a change of -520,964,519 (-14.7%).
  • Net loss of 545,308,743 reduced equity.
  • Dividend payments of 127,057,000 reduced retained earnings.
  • Other comprehensive income increased equity by 24,343,904.
  • Other factors increased equity by 127,057,320.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-545.31 Million -17.99%
Dividends Paid CN¥127.06 Million -4.19%
Other Comprehensive Income CN¥24.34 Million +0.8%
Other Changes CN¥127.06 Million +4.19%
Total Change CN¥- -14.67%

Book Value vs Market Value Analysis

This analysis compares China High-Speed Railway Technology'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: 2.42x
  • 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 51.39x to 2.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.05 CN¥2.69 x
1992-12-31 CN¥0.07 CN¥2.69 x
1993-12-31 CN¥0.19 CN¥2.69 x
1994-12-31 CN¥0.22 CN¥2.69 x
1995-12-31 CN¥0.22 CN¥2.69 x
1996-12-31 CN¥0.20 CN¥2.69 x
1997-12-31 CN¥0.21 CN¥2.69 x
1998-12-31 CN¥0.12 CN¥2.69 x
1999-12-31 CN¥0.12 CN¥2.69 x
2000-12-31 CN¥0.14 CN¥2.69 x
2001-12-31 CN¥-0.07 CN¥2.69 x
2002-12-31 CN¥-0.04 CN¥2.69 x
2003-12-31 CN¥0.04 CN¥2.69 x
2004-12-31 CN¥0.10 CN¥2.69 x
2005-12-31 CN¥0.09 CN¥2.69 x
2006-12-31 CN¥0.09 CN¥2.69 x
2007-12-31 CN¥0.10 CN¥2.69 x
2008-12-31 CN¥0.11 CN¥2.69 x
2009-12-31 CN¥0.12 CN¥2.69 x
2010-12-31 CN¥0.12 CN¥2.69 x
2011-12-31 CN¥0.05 CN¥2.69 x
2012-12-31 CN¥0.41 CN¥2.69 x
2013-12-31 CN¥0.40 CN¥2.69 x
2014-12-31 CN¥0.29 CN¥2.69 x
2015-12-31 CN¥1.22 CN¥2.69 x
2016-12-31 CN¥2.25 CN¥2.69 x
2017-12-31 CN¥2.53 CN¥2.69 x
2018-12-31 CN¥2.61 CN¥2.69 x
2019-12-31 CN¥2.75 CN¥2.69 x
2020-12-31 CN¥2.41 CN¥2.69 x
2021-12-31 CN¥1.92 CN¥2.69 x
2022-12-31 CN¥1.61 CN¥2.69 x
2023-12-31 CN¥1.33 CN¥2.69 x
2024-12-31 CN¥1.11 CN¥2.69 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China High-Speed Railway Technology 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): -17.99%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -26.19%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 3.29x
  • Recent ROE (-17.99%) is below the historical average (1.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 11.72% 7.47% 0.86x 1.83x CN¥660.78K
1992 20.34% 70.98% 0.13x 2.21x CN¥5.07 Million
1993 13.90% 129.33% 0.06x 1.78x CN¥5.29 Million
1994 4.69% 13.20% 0.22x 1.58x CN¥-8.59 Million
1995 0.10% 0.93% 0.07x 1.53x CN¥-16.01 Million
1996 -11.88% -263.73% 0.03x 1.67x CN¥-31.64 Million
1997 0.05% 0.09% 0.21x 2.38x CN¥-15.18 Million
1998 -61.40% -55.64% 0.30x 3.63x CN¥-64.18 Million
1999 21.82% 20.55% 0.39x 2.74x CN¥10.19 Million
2000 11.55% 11.73% 0.35x 2.79x CN¥1.62 Million
2001 0.00% -510.77% 0.23x 0.00x CN¥-119.74 Million
2002 0.00% -150.15% 0.10x 0.00x CN¥-6.84 Million
2003 3.23% 5.03% 0.32x 1.98x CN¥-2.07 Million
2004 52.97% 132.32% 0.32x 1.25x CN¥31.30 Million
2005 -7.79% -13.13% 0.44x 1.34x CN¥-12.03 Million
2006 -2.46% -16.96% 0.13x 1.07x CN¥-8.91 Million
2007 2.30% 16.98% 0.13x 1.08x CN¥-5.64 Million
2008 1.01% 6.54% 0.14x 1.07x CN¥-6.65 Million
2009 0.43% 3.11% 0.13x 1.08x CN¥-7.02 Million
2010 1.20% 8.71% 0.13x 1.05x CN¥-6.53 Million
2011 46.02% 10.95% 4.02x 1.05x CN¥26.60 Million
2012 7.24% 11.80% 0.54x 1.13x CN¥-14.95 Million
2013 4.04% 7.48% 0.49x 1.11x CN¥-33.60 Million
2014 1.36% 2.53% 0.46x 1.18x CN¥-49.37 Million
2015 6.38% 14.34% 0.36x 1.23x CN¥-105.13 Million
2016 8.54% 27.82% 0.23x 1.34x CN¥-89.43 Million
2017 12.30% 37.49% 0.22x 1.50x CN¥163.24 Million
2018 4.44% 12.67% 0.25x 1.43x CN¥-406.25 Million
2019 5.82% 13.49% 0.27x 1.62x CN¥-311.40 Million
2020 -13.67% -46.65% 0.15x 1.96x CN¥-1.55 Billion
2021 -26.80% -62.96% 0.18x 2.38x CN¥-1.91 Billion
2022 -19.34% -47.73% 0.16x 2.57x CN¥-1.28 Billion
2023 -23.32% -32.98% 0.24x 3.00x CN¥-1.18 Billion
2024 -17.99% -26.19% 0.21x 3.29x CN¥-848.39 Million

Industry Comparison

This section compares China High-Speed Railway Technology's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $435,483,225
  • Average return on equity (ROE) among peers: -195.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China High-Speed Railway Technology (000008) CN¥3.02 Billion 11.72% 2.02x $1.07 Billion
Nanjing Zhongbei Group Co Ltd (000421) $435.66 Million 6.49% 0.96x $532.07 Million
Ningxia Western Venture Industrial Co Ltd (000557) $-447.50 Million 0.00% 0.00x $1.00 Billion
Vontron Technology Co Ltd (000920) $1.40 Billion 8.69% 0.76x $796.72 Million
China Railway Materials Co Ltd (000927) $88.31 Million -1857.66% 54.49x $2.49 Billion
HeNan Splendor Science & Technology Co Ltd (002296) $125.09 Million 26.56% 0.74x $644.19 Million
Sichuan Fulin Transportation Group Co Ltd (002357) $89.33 Million 13.19% 3.81x $537.64 Million
Tianjin Keyvia Electric Co Ltd (300407) $324.31 Million 20.96% 1.15x $617.25 Million
Chengdu Yunda Technology Co Ltd (300440) $1.60 Billion 6.06% 0.63x $1.18 Billion
Zhejiang Tiantie Industry Co Ltd (300587) $309.22 Million 14.90% 0.59x $1.17 Billion

About China High-Speed Railway Technology

SHE:000008 China Railroads
Market Cap
$1.07 Billion
CN¥7.31 Billion CNY
Market Cap Rank
#8809 Global
#2322 in China
Share Price
CN¥2.69
Change (1 day)
-0.37%
52-Week Range
CN¥2.57 - CN¥3.39
All Time High
CN¥13.50
About

China High-Speed Railway Technology Co., Ltd., together with its subsidiaries, engages in the railway business in China and internationally. The company offers rail transit operation and maintenance equipment and services for high-speed train maintenance bases and depots, locomotive and rolling stock maintenance bases and depots, high-speed rail welding bases, urban rail transit lines, freight st… Read more