China Railway Hi-tech Industry Corp Ltd (600528) - Net Assets

Latest as of December 2025: CN¥26.00 Billion CNY ≈ $3.81 Billion USD

Based on the latest financial reports, China Railway Hi-tech Industry Corp Ltd (600528) has net assets worth CN¥26.00 Billion CNY (≈ $3.81 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥65.10 Billion ≈ $9.53 Billion USD) and total liabilities (CN¥39.09 Billion ≈ $5.72 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 China Railway Hi-tech Industry Corp Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥26.00 Billion
% of Total Assets 39.95%
Annual Growth Rate 15.85%
5-Year Change 11.79%
10-Year Change 301.0%
Growth Volatility 33.51

China Railway Hi-tech Industry Corp Ltd - Net Assets Trend (1998–2025)

This chart illustrates how China Railway Hi-tech Industry Corp Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of China Railway Hi-tech Industry Corp Ltd for the complete picture of this company's asset base.

Annual Net Assets for China Railway Hi-tech Industry Corp Ltd (1998–2025)

The table below shows the annual net assets of China Railway Hi-tech Industry Corp Ltd from 1998 to 2025. For live valuation and market cap data, see 600528 market cap.

Year Net Assets Change
2025-12-31 CN¥26.00 Billion
≈ $3.81 Billion		 -4.88%
2024-12-31 CN¥27.34 Billion
≈ $4.00 Billion		 +5.91%
2023-12-31 CN¥25.81 Billion
≈ $3.78 Billion		 +5.18%
2022-12-31 CN¥24.54 Billion
≈ $3.59 Billion		 +5.50%
2021-12-31 CN¥23.26 Billion
≈ $3.40 Billion		 +6.27%
2020-12-31 CN¥21.89 Billion
≈ $3.20 Billion		 +15.85%
2019-12-31 CN¥18.89 Billion
≈ $2.76 Billion		 +17.73%
2018-12-31 CN¥16.05 Billion
≈ $2.35 Billion		 +8.51%
2017-12-31 CN¥14.79 Billion
≈ $2.16 Billion		 +128.08%
2016-12-31 CN¥6.48 Billion
≈ $948.90 Million		 +0.66%
2015-12-31 CN¥6.44 Billion
≈ $942.70 Million		 -6.38%
2014-12-31 CN¥6.88 Billion
≈ $1.01 Billion		 +2.02%
2013-12-31 CN¥6.74 Billion
≈ $986.95 Million		 +6.47%
2012-12-31 CN¥6.33 Billion
≈ $927.00 Million		 +6.63%
2011-12-31 CN¥5.94 Billion
≈ $869.32 Million		 +8.05%
2010-12-31 CN¥5.50 Billion
≈ $804.55 Million		 +17.39%
2009-12-31 CN¥4.68 Billion
≈ $685.39 Million		 +10.61%
2008-12-31 CN¥4.23 Billion
≈ $619.64 Million		 +10.54%
2007-12-31 CN¥3.83 Billion
≈ $560.58 Million		 +94.02%
2006-12-31 CN¥1.97 Billion
≈ $288.93 Million		 +2.34%
2005-12-31 CN¥1.93 Billion
≈ $282.33 Million		 +1.03%
2004-12-31 CN¥1.91 Billion
≈ $279.44 Million		 +0.73%
2003-12-31 CN¥1.90 Billion
≈ $277.41 Million		 +3.62%
2002-12-31 CN¥1.83 Billion
≈ $267.71 Million		 +5.81%
2001-12-31 CN¥1.73 Billion
≈ $253.01 Million		 +108.03%
2000-12-31 CN¥831.14 Million
≈ $121.62 Million		 +27.06%
1999-12-31 CN¥654.15 Million
≈ $95.72 Million		 +33.71%
1998-12-31 CN¥489.24 Million
≈ $71.59 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to China Railway Hi-tech Industry Corp 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 28110.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥16.67 Billion 66.13%
Common Stock CN¥2.22 Billion 8.82%
Other Comprehensive Income CN¥1.01 Billion 4.02%
Other Components CN¥5.30 Billion 21.03%
Total Equity CN¥25.20 Billion 100.00%

China Railway Hi-tech Industry Corp Ltd Competitors by Market Cap

The table below lists competitors of China Railway Hi-tech Industry Corp Ltd ranked by their market capitalization.

Company Market Cap
ZhongAn Online P & C Insurance Co. Ltd
F:1ZO
 $2.53 Billion
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
 $2.53 Billion
Orion Oyj A
HE:ORNAV
 $2.54 Billion
Celldex Therapeutics Inc
NASDAQ:CLDX
 $2.54 Billion
Zhongshan Public Utilities Group Co Ltd
SHE:000685
 $2.53 Billion
Gujarat Mineral Development Corporation Limited
NSE:GMDCLTD
 $2.53 Billion
Medco Energi Internasional Tbk
JK:MEDC
 $2.53 Billion
Shanghai Feilo Acoustics Co Ltd
SHG:600651
 $2.53 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Railway Hi-tech Industry Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 26,622,603,000 to 25,199,762,000, a change of -1,422,841,000 (-5.3%).
  • Net income of 1,366,789,129 contributed positively to equity growth.
  • Dividend payments of 230,152,744 reduced retained earnings.
  • Other comprehensive income increased equity by 1,012,956,000.
  • Other factors decreased equity by 3,572,433,385.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥1.37 Billion +5.42%
Dividends Paid CN¥230.15 Million -0.91%
Other Comprehensive Income CN¥1.01 Billion +4.02%
Other Changes CN¥-3.57 Billion -14.18%
Total Change CN¥- -5.34%

Book Value vs Market Value Analysis

This analysis compares China Railway Hi-tech Industry Corp 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: 0.69x
  • 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 22.60x to 0.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.34 CN¥7.79 x
1999-12-31 CN¥0.46 CN¥7.79 x
2000-12-31 CN¥0.59 CN¥7.79 x
2001-12-31 CN¥1.20 CN¥7.79 x
2002-12-31 CN¥1.21 CN¥7.79 x
2003-12-31 CN¥1.25 CN¥7.79 x
2004-12-31 CN¥1.26 CN¥7.79 x
2005-12-31 CN¥1.27 CN¥7.79 x
2006-12-31 CN¥1.88 CN¥7.79 x
2007-12-31 CN¥2.53 CN¥7.79 x
2008-12-31 CN¥2.63 CN¥7.79 x
2009-12-31 CN¥2.87 CN¥7.79 x
2010-12-31 CN¥3.36 CN¥7.79 x
2011-12-31 CN¥3.61 CN¥7.79 x
2012-12-31 CN¥3.91 CN¥7.79 x
2013-12-31 CN¥4.07 CN¥7.79 x
2014-12-31 CN¥4.17 CN¥7.79 x
2015-12-31 CN¥4.23 CN¥7.79 x
2016-12-31 CN¥3.40 CN¥7.79 x
2017-12-31 CN¥6.87 CN¥7.79 x
2018-12-31 CN¥7.08 CN¥7.79 x
2019-12-31 CN¥8.37 CN¥7.79 x
2020-12-31 CN¥9.59 CN¥7.79 x
2021-12-31 CN¥10.21 CN¥7.79 x
2022-12-31 CN¥10.77 CN¥7.79 x
2023-12-31 CN¥11.40 CN¥7.79 x
2024-12-31 CN¥12.01 CN¥7.79 x
2025-12-31 CN¥11.34 CN¥7.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Railway Hi-tech Industry Corp 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): 5.42%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.95%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 2.58x
  • Recent ROE (5.42%) is below the historical average (9.90%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 20.57% 3.77% 1.68x 3.24x CN¥51.69 Million
1999 20.58% 3.91% 1.68x 3.15x CN¥69.24 Million
2000 20.45% 4.13% 2.02x 2.45x CN¥86.82 Million
2001 9.43% 3.99% 1.16x 2.03x CN¥-9.66 Million
2002 6.43% 2.49% 1.05x 2.46x CN¥-61.27 Million
2003 3.98% 1.34% 1.25x 2.38x CN¥-107.05 Million
2004 3.92% 1.08% 1.14x 3.19x CN¥-108.82 Million
2005 4.33% 0.92% 1.23x 3.81x CN¥-102.41 Million
2006 2.97% 0.39% 1.82x 4.17x CN¥-129.69 Million
2007 10.54% 2.10% 1.06x 4.71x CN¥19.56 Million
2008 13.30% 2.17% 1.06x 5.76x CN¥126.39 Million
2009 16.33% 1.73% 1.53x 6.15x CN¥265.13 Million
2010 19.94% 1.83% 1.67x 6.51x CN¥487.05 Million
2011 9.94% 0.88% 1.51x 7.48x CN¥-3.05 Million
2012 10.20% 0.87% 1.51x 7.74x CN¥11.23 Million
2013 7.09% 0.53% 1.56x 8.60x CN¥-172.92 Million
2014 4.65% 0.40% 1.21x 9.70x CN¥-325.36 Million
2015 2.72% 0.29% 1.02x 9.16x CN¥-448.37 Million
2016 18.81% 1.81% 1.16x 8.99x CN¥550.08 Million
2017 9.16% 8.43% 0.50x 2.16x CN¥-122.26 Million
2018 9.42% 8.27% 0.53x 2.15x CN¥-91.76 Million
2019 8.75% 7.91% 0.53x 2.09x CN¥-232.78 Million
2020 8.57% 7.52% 0.55x 2.07x CN¥-305.00 Million
2021 8.18% 6.84% 0.55x 2.17x CN¥-412.04 Million
2022 7.84% 6.51% 0.54x 2.24x CN¥-516.92 Million
2023 6.93% 5.80% 0.52x 2.29x CN¥-773.15 Million
2024 6.65% 6.10% 0.45x 2.40x CN¥-892.25 Million
2025 5.42% 4.95% 0.42x 2.58x CN¥-1.15 Billion

Industry Comparison

This section compares China Railway Hi-tech Industry Corp Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $3,463,807,177
  • Average return on equity (ROE) among peers: -7.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Railway Hi-tech Industry Corp Ltd (600528) CN¥26.00 Billion 20.57% 1.50x $2.53 Billion
Shenzhen Ecobeauty Co Ltd (000010) $141.82 Million 9.21% 1.39x $486.19 Million
Shenzhen Sed Industry Co Ltd (000032) $869.50 Million 3.13% 0.81x $3.08 Billion
NORINCO International Cooperation Ltd (000065) $536.55 Million 10.55% 3.36x $2.17 Billion
Shenzhen Tagen Group Co Ltd (000090) $15.02 Billion 4.13% 3.25x $962.46 Million
Shandong Hi-Speed Road&Bridge (000498) $12.89 Billion 10.38% 3.27x $1.26 Billion
Jinyuan Cement Co Ltd (000546) $175.97 Million 11.17% 1.41x $878.49 Million
Hunan Investment Group Co Ltd (000548) $1.50 Billion 0.71% 0.30x $389.36 Million
ChengDu Hi-Tech Development Co Ltd (000628) $419.24 Million -38.00% 3.15x $3.41 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $413.25 Million -88.03% 0.77x $602.65 Million
Hainan Expressway Co Ltd (000886) $2.66 Billion 3.54% 0.19x $800.17 Million

About China Railway Hi-tech Industry Corp Ltd

SHG:600528 China Engineering & Construction
Market Cap
$2.53 Billion
CN¥17.31 Billion CNY
Market Cap Rank
#5451 Global
#1101 in China
Share Price
CN¥7.79
Change (1 day)
+0.00%
52-Week Range
CN¥7.18 - CN¥11.01
All Time High
CN¥16.84
Categories
Companies in China Engineering & Construction
About

China Railway Hi-tech Industry Corporation Limited manufactures and sells infrastructure construction equipment worldwide. The company offers bridge steel structures, shield machine, TBM, profiled shield machine, large special construction machinery, series maglev, and straddle rail transit turnouts and tracks. It also engages in the manufacturing and installing of steel structure products; and r… Read more