Daqin Railway Co Ltd (601006) - Net Assets
Based on the latest financial reports, Daqin Railway Co Ltd (601006) has net assets worth CN¥182.22 Billion CNY (≈ $26.66 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 (CN¥211.92 Billion ≈ $31.01 Billion USD) and total liabilities (CN¥29.71 Billion ≈ $4.35 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. Read Daqin Railway Co Ltd (601006) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥182.22 Billion |
| % of Total Assets | 85.98% |
| Annual Growth Rate | 12.67% |
| 5-Year Change | 30.92% |
| 10-Year Change | 87.58% |
| Growth Volatility | 19.21 |
Daqin Railway Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Daqin Railway Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 601006 total assets for the complete picture of this company's asset base.
Annual Net Assets for Daqin Railway Co Ltd (2004–2024)
The table below shows the annual net assets of Daqin Railway Co Ltd from 2004 to 2024. For live valuation and market cap data, see how much is Daqin Railway Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥169.97 Billion ≈ $24.87 Billion |
+11.52% |
| 2023-12-31 | CN¥152.41 Billion ≈ $22.30 Billion |
+8.72% |
| 2022-12-31 | CN¥140.19 Billion ≈ $20.51 Billion |
+3.59% |
| 2021-12-31 | CN¥135.33 Billion ≈ $19.80 Billion |
+4.24% |
| 2020-12-31 | CN¥129.83 Billion ≈ $19.00 Billion |
+6.22% |
| 2019-12-31 | CN¥122.22 Billion ≈ $17.89 Billion |
+6.78% |
| 2018-12-31 | CN¥114.46 Billion ≈ $16.75 Billion |
+13.43% |
| 2017-12-31 | CN¥100.91 Billion ≈ $14.77 Billion |
+10.20% |
| 2016-12-31 | CN¥91.57 Billion ≈ $13.40 Billion |
+1.06% |
| 2015-12-31 | CN¥90.61 Billion ≈ $13.26 Billion |
+7.87% |
| 2014-12-31 | CN¥84.00 Billion ≈ $12.29 Billion |
+8.71% |
| 2013-12-31 | CN¥77.27 Billion ≈ $11.31 Billion |
+9.84% |
| 2012-12-31 | CN¥70.35 Billion ≈ $10.29 Billion |
+11.95% |
| 2011-12-31 | CN¥62.84 Billion ≈ $9.20 Billion |
+11.53% |
| 2010-12-31 | CN¥56.34 Billion ≈ $8.24 Billion |
+31.16% |
| 2009-12-31 | CN¥42.96 Billion ≈ $6.29 Billion |
+6.54% |
| 2008-12-31 | CN¥40.32 Billion ≈ $5.90 Billion |
+7.42% |
| 2007-12-31 | CN¥37.53 Billion ≈ $5.49 Billion |
+6.45% |
| 2006-12-31 | CN¥35.26 Billion ≈ $5.16 Billion |
+93.35% |
| 2005-12-31 | CN¥18.24 Billion ≈ $2.67 Billion |
+16.56% |
| 2004-12-31 | CN¥15.64 Billion ≈ $2.29 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Daqin Railway 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 25254.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥69.49 Billion | 44.87% |
| Common Stock | CN¥18.81 Billion | 12.14% |
| Other Comprehensive Income | CN¥21.02 Billion | 13.57% |
| Other Components | CN¥45.56 Billion | 29.42% |
| Total Equity | CN¥154.88 Billion | 100.00% |
Daqin Railway Co Ltd Competitors by Market Cap
The table below lists competitors of Daqin Railway Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amundi SA
PA:AMUN
|
$15.54 Billion |
|
SharkNinja, Inc.
NYSE:SN
|
$15.55 Billion |
|
Torrent Pharmaceuticals Limited
NSE:TORNTPHARM
|
$15.56 Billion |
|
Azrieli Group Ltd
TA:AZRG
|
$15.56 Billion |
|
Eastroc Beverage Group Co Ltd
SHG:605499
|
$15.51 Billion |
|
Straumann Holding AG
SW:STMN
|
$15.48 Billion |
|
Entegris Inc
NASDAQ:ENTG
|
$15.47 Billion |
|
MPI Corporation
TWO:6223
|
$15.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daqin Railway Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 137,762,871,163 to 154,883,971,000, a change of 17,121,099,837 (12.4%).
- Net income of 9,039,359,000 contributed positively to equity growth.
- Dividend payments of 9,829,858,000 reduced retained earnings.
- Other comprehensive income increased equity by 21,022,483,000.
- Other factors decreased equity by 3,110,884,163.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.04 Billion | +5.84% |
| Dividends Paid | CN¥9.83 Billion | -6.35% |
| Other Comprehensive Income | CN¥21.02 Billion | +13.57% |
| Other Changes | CN¥-3.11 Billion | -2.01% |
| Total Change | CN¥- | 12.43% |
Book Value vs Market Value Analysis
This analysis compares Daqin Railway 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: 0.62x
- 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 3.27x to 0.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥1.61 | CN¥5.27 | x |
| 2005-12-31 | CN¥1.88 | CN¥5.27 | x |
| 2006-12-31 | CN¥3.10 | CN¥5.27 | x |
| 2007-12-31 | CN¥2.88 | CN¥5.27 | x |
| 2008-12-31 | CN¥3.07 | CN¥5.27 | x |
| 2009-12-31 | CN¥2.89 | CN¥5.27 | x |
| 2010-12-31 | CN¥3.79 | CN¥5.27 | x |
| 2011-12-31 | CN¥4.24 | CN¥5.27 | x |
| 2012-12-31 | CN¥4.70 | CN¥5.27 | x |
| 2013-12-31 | CN¥5.16 | CN¥5.27 | x |
| 2014-12-31 | CN¥5.61 | CN¥5.27 | x |
| 2015-12-31 | CN¥5.99 | CN¥5.27 | x |
| 2016-12-31 | CN¥6.01 | CN¥5.27 | x |
| 2017-12-31 | CN¥6.70 | CN¥5.27 | x |
| 2018-12-31 | CN¥7.18 | CN¥5.27 | x |
| 2019-12-31 | CN¥7.66 | CN¥5.27 | x |
| 2020-12-31 | CN¥8.13 | CN¥5.27 | x |
| 2021-12-31 | CN¥7.05 | CN¥5.27 | x |
| 2022-12-31 | CN¥6.99 | CN¥5.27 | x |
| 2023-12-31 | CN¥7.85 | CN¥5.27 | x |
| 2024-12-31 | CN¥8.57 | CN¥5.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daqin Railway 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): 5.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.11%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.34x
- Recent ROE (5.84%) is below the historical average (13.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 15.28% | 33.19% | 0.41x | 1.12x | CN¥825.86 Million |
| 2005 | 19.53% | 27.18% | 0.35x | 2.08x | CN¥1.74 Billion |
| 2006 | 12.52% | 27.35% | 0.39x | 1.16x | CN¥889.55 Million |
| 2007 | 16.28% | 29.29% | 0.41x | 1.36x | CN¥2.36 Billion |
| 2008 | 16.57% | 29.56% | 0.36x | 1.55x | CN¥2.65 Billion |
| 2009 | 16.64% | 22.20% | 0.47x | 1.58x | CN¥2.85 Billion |
| 2010 | 18.48% | 25.54% | 0.41x | 1.78x | CN¥4.78 Billion |
| 2011 | 18.62% | 26.90% | 0.46x | 1.50x | CN¥5.42 Billion |
| 2012 | 16.39% | 24.90% | 0.46x | 1.43x | CN¥4.49 Billion |
| 2013 | 16.47% | 24.72% | 0.49x | 1.35x | CN¥4.98 Billion |
| 2014 | 16.93% | 26.28% | 0.51x | 1.27x | CN¥5.80 Billion |
| 2015 | 14.19% | 24.08% | 0.46x | 1.29x | CN¥3.74 Billion |
| 2016 | 7.98% | 16.06% | 0.36x | 1.37x | CN¥-1.81 Billion |
| 2017 | 13.43% | 23.07% | 0.45x | 1.28x | CN¥3.40 Billion |
| 2018 | 13.66% | 18.56% | 0.54x | 1.37x | CN¥3.89 Billion |
| 2019 | 12.00% | 17.10% | 0.54x | 1.30x | CN¥2.28 Billion |
| 2020 | 8.90% | 14.82% | 0.40x | 1.51x | CN¥-1.33 Billion |
| 2021 | 9.79% | 15.48% | 0.40x | 1.60x | CN¥-258.81 Million |
| 2022 | 8.73% | 14.78% | 0.37x | 1.58x | CN¥-1.63 Billion |
| 2023 | 8.66% | 14.72% | 0.39x | 1.51x | CN¥-1.85 Billion |
| 2024 | 5.84% | 12.11% | 0.36x | 1.34x | CN¥-6.45 Billion |
Industry Comparison
This section compares Daqin Railway Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,287,850,313
- Average return on equity (ROE) among peers: 4.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daqin Railway Co Ltd (601006) | CN¥182.22 Billion | 15.28% | 0.16x | $15.54 Billion |
| China High-Speed Railway Technology (000008) | $-32.69 Million | 0.00% | 0.00x | $1.07 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $55.69 Million | 0.00% | 1.83x | $532.07 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-828.52 Million | 0.00% | 0.00x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $2.05 Billion | 9.63% | 0.36x | $796.72 Million |
| China Railway Materials Co Ltd (000927) | $3.63 Billion | 8.25% | 1.50x | $2.49 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.50 Billion | 4.69% | 0.21x | $644.19 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.39 Billion | 4.99% | 0.88x | $537.64 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $617.25 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.18 Billion | 10.87% | 0.36x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $2.48 Billion | 0.61% | 1.32x | $1.17 Billion |
About Daqin Railway Co Ltd
Daqin Railway Co., Ltd. provides railway transportation services in the People's Republic of China and internationally. It transports coal, coke, steel, and ore, as well as containers and scattered bulk goods. The company also provides railway passenger and freight transportation, railway freight loading and unloading warehousing, etc. services. In addition, it offers services to other domestic r… Read more