Guangshen Railway Co Ltd (601333) - Net Assets
Based on the latest financial reports, Guangshen Railway Co Ltd (601333) has net assets worth CN¥28.25 Billion CNY (≈ $4.13 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¥36.94 Billion ≈ $5.41 Billion USD) and total liabilities (CN¥8.69 Billion ≈ $1.27 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 Guangshen Railway Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥28.25 Billion |
| % of Total Assets | 76.47% |
| Annual Growth Rate | 4.02% |
| 5-Year Change | 3.85% |
| 10-Year Change | 0.79% |
| Growth Volatility | 15.87 |
Guangshen Railway Co Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Guangshen Railway Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 601333 total assets for the complete picture of this company's asset base.
Annual Net Assets for Guangshen Railway Co Ltd (1996–2025)
The table below shows the annual net assets of Guangshen Railway Co Ltd from 1996 to 2025. For live valuation and market cap data, see Guangshen Railway Co Ltd (601333) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥28.25 Billion ≈ $4.13 Billion |
+4.37% |
| 2024-12-31 | CN¥27.07 Billion ≈ $3.96 Billion |
+2.72% |
| 2023-12-31 | CN¥26.35 Billion ≈ $3.86 Billion |
+4.35% |
| 2022-12-31 | CN¥25.25 Billion ≈ $3.70 Billion |
-7.17% |
| 2021-12-31 | CN¥27.20 Billion ≈ $3.98 Billion |
-3.38% |
| 2020-12-31 | CN¥28.16 Billion ≈ $4.12 Billion |
-3.37% |
| 2019-12-31 | CN¥29.14 Billion ≈ $4.26 Billion |
+1.12% |
| 2018-12-31 | CN¥28.82 Billion ≈ $4.22 Billion |
+0.56% |
| 2017-12-31 | CN¥28.66 Billion ≈ $4.19 Billion |
+2.24% |
| 2016-12-31 | CN¥28.03 Billion ≈ $4.10 Billion |
+2.13% |
| 2015-12-31 | CN¥27.44 Billion ≈ $4.02 Billion |
+2.46% |
| 2014-12-31 | CN¥26.79 Billion ≈ $3.92 Billion |
+0.34% |
| 2013-12-31 | CN¥26.69 Billion ≈ $3.91 Billion |
+2.69% |
| 2012-12-31 | CN¥26.00 Billion ≈ $3.80 Billion |
+2.40% |
| 2011-12-31 | CN¥25.39 Billion ≈ $3.71 Billion |
+4.81% |
| 2010-12-31 | CN¥24.22 Billion ≈ $3.54 Billion |
+7.01% |
| 2009-12-31 | CN¥22.64 Billion ≈ $3.31 Billion |
+3.65% |
| 2008-12-31 | CN¥21.84 Billion ≈ $3.20 Billion |
+3.11% |
| 2007-12-31 | CN¥21.18 Billion ≈ $3.10 Billion |
+4.76% |
| 2006-12-31 | CN¥20.22 Billion ≈ $2.96 Billion |
+87.54% |
| 2005-12-31 | CN¥10.78 Billion ≈ $1.58 Billion |
+2.95% |
| 2004-12-31 | CN¥10.47 Billion ≈ $1.53 Billion |
+0.94% |
| 2003-12-31 | CN¥10.37 Billion ≈ $1.52 Billion |
+1.16% |
| 2002-12-31 | CN¥10.26 Billion ≈ $1.50 Billion |
+1.46% |
| 2001-12-31 | CN¥10.11 Billion ≈ $1.48 Billion |
+0.96% |
| 2000-12-31 | CN¥10.01 Billion ≈ $1.46 Billion |
+5.15% |
| 1999-12-31 | CN¥9.52 Billion ≈ $1.39 Billion |
-0.19% |
| 1998-12-31 | CN¥9.54 Billion ≈ $1.40 Billion |
+2.64% |
| 1997-12-31 | CN¥9.29 Billion ≈ $1.36 Billion |
+3.04% |
| 1996-12-31 | CN¥9.02 Billion ≈ $1.32 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangshen 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 8491.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.56 Billion | 19.66% |
| Other Components | CN¥22.73 Billion | 80.34% |
| Total Equity | CN¥28.29 Billion | 100.00% |
Guangshen Railway Co Ltd Competitors by Market Cap
The table below lists competitors of Guangshen Railway Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liaoning Cheng Da Co Ltd
SHG:600739
|
$2.66 Billion |
|
Shandong Dongyue Organosilicon Mat
SHE:300821
|
$2.67 Billion |
|
ATS CORP.
F:ATO0
|
$2.67 Billion |
|
Cembra Money Bank AG
SW:CMBN
|
$2.67 Billion |
|
Silvercorp Metals Inc
TO:SVM
|
$2.66 Billion |
|
Hoegh Autoliners ASA
OL:HAUTO
|
$2.66 Billion |
|
Kinetik Holdings Inc
NYSE:KNTK
|
$2.66 Billion |
|
Webull Corp
NASDAQ:BULL
|
$2.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangshen Railway Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,109,235,057 to 28,292,805,210, a change of 1,183,570,153 (4.4%).
- Net income of 1,425,789,018 contributed positively to equity growth.
- Dividend payments of 318,387,763 reduced retained earnings.
- Other comprehensive income decreased equity by 3,686,390,667.
- Other factors increased equity by 3,762,559,565.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.43 Billion | +5.04% |
| Dividends Paid | CN¥318.39 Million | -1.13% |
| Other Comprehensive Income | CN¥-3.69 Billion | -13.03% |
| Other Changes | CN¥3.76 Billion | +13.3% |
| Total Change | CN¥- | 4.37% |
Book Value vs Market Value Analysis
This analysis compares Guangshen 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: 0.81x
- 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 1.36x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥2.37 | CN¥3.22 | x |
| 1997-12-31 | CN¥2.12 | CN¥3.22 | x |
| 1998-12-31 | CN¥2.22 | CN¥3.22 | x |
| 1999-12-31 | CN¥2.15 | CN¥3.22 | x |
| 2000-12-31 | CN¥2.23 | CN¥3.22 | x |
| 2001-12-31 | CN¥2.27 | CN¥3.22 | x |
| 2002-12-31 | CN¥2.40 | CN¥3.22 | x |
| 2003-12-31 | CN¥2.46 | CN¥3.22 | x |
| 2004-12-31 | CN¥2.43 | CN¥3.22 | x |
| 2005-12-31 | CN¥2.48 | CN¥3.22 | x |
| 2006-12-31 | CN¥4.65 | CN¥3.22 | x |
| 2007-12-31 | CN¥2.95 | CN¥3.22 | x |
| 2008-12-31 | CN¥3.06 | CN¥3.22 | x |
| 2009-12-31 | CN¥3.16 | CN¥3.22 | x |
| 2010-12-31 | CN¥3.42 | CN¥3.22 | x |
| 2011-12-31 | CN¥3.51 | CN¥3.22 | x |
| 2012-12-31 | CN¥3.74 | CN¥3.22 | x |
| 2013-12-31 | CN¥3.77 | CN¥3.22 | x |
| 2014-12-31 | CN¥3.64 | CN¥3.22 | x |
| 2015-12-31 | CN¥3.85 | CN¥3.22 | x |
| 2016-12-31 | CN¥3.88 | CN¥3.22 | x |
| 2017-12-31 | CN¥3.96 | CN¥3.22 | x |
| 2018-12-31 | CN¥4.05 | CN¥3.22 | x |
| 2019-12-31 | CN¥4.12 | CN¥3.22 | x |
| 2020-12-31 | CN¥3.98 | CN¥3.22 | x |
| 2021-12-31 | CN¥3.85 | CN¥3.22 | x |
| 2022-12-31 | CN¥3.57 | CN¥3.22 | x |
| 2023-12-31 | CN¥3.73 | CN¥3.22 | x |
| 2024-12-31 | CN¥3.84 | CN¥3.22 | x |
| 2025-12-31 | CN¥3.99 | CN¥3.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangshen 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): 5.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.97%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.31x
- Recent ROE (5.04%) is above the historical average (4.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 11.98% | 47.74% | 0.21x | 1.21x | CN¥178.12 Million |
| 1997 | 8.92% | 37.77% | 0.20x | 1.15x | CN¥-100.27 Million |
| 1998 | 6.75% | 33.06% | 0.18x | 1.13x | CN¥-309.59 Million |
| 1999 | 5.56% | 29.12% | 0.17x | 1.15x | CN¥-422.17 Million |
| 2000 | 4.91% | 24.85% | 0.18x | 1.09x | CN¥-508.75 Million |
| 2001 | 5.27% | 24.77% | 0.20x | 1.09x | CN¥-477.21 Million |
| 2002 | 5.84% | 23.00% | 0.23x | 1.10x | CN¥-426.17 Million |
| 2003 | 5.03% | 21.52% | 0.22x | 1.07x | CN¥-512.80 Million |
| 2004 | 5.45% | 18.68% | 0.27x | 1.09x | CN¥-474.57 Million |
| 2005 | 6.03% | 19.74% | 0.26x | 1.19x | CN¥-426.32 Million |
| 2006 | 3.83% | 21.47% | 0.15x | 1.21x | CN¥-1.25 Billion |
| 2007 | 6.80% | 13.67% | 0.39x | 1.26x | CN¥-676.37 Million |
| 2008 | 5.56% | 10.60% | 0.40x | 1.30x | CN¥-966.49 Million |
| 2009 | 6.04% | 11.27% | 0.42x | 1.27x | CN¥-894.65 Million |
| 2010 | 6.15% | 11.30% | 0.43x | 1.27x | CN¥-930.74 Million |
| 2011 | 7.12% | 12.28% | 0.46x | 1.27x | CN¥-729.35 Million |
| 2012 | 5.08% | 8.74% | 0.46x | 1.27x | CN¥-1.28 Billion |
| 2013 | 4.78% | 8.06% | 0.48x | 1.25x | CN¥-1.39 Billion |
| 2014 | 2.48% | 4.47% | 0.48x | 1.14x | CN¥-2.01 Billion |
| 2015 | 3.90% | 6.81% | 0.49x | 1.16x | CN¥-1.68 Billion |
| 2016 | 4.13% | 6.70% | 0.53x | 1.17x | CN¥-1.65 Billion |
| 2017 | 3.54% | 5.54% | 0.54x | 1.19x | CN¥-1.85 Billion |
| 2018 | 2.72% | 3.95% | 0.56x | 1.23x | CN¥-2.10 Billion |
| 2019 | 2.57% | 3.53% | 0.57x | 1.26x | CN¥-2.17 Billion |
| 2020 | -1.98% | -3.41% | 0.44x | 1.30x | CN¥-3.38 Billion |
| 2021 | -3.57% | -4.82% | 0.54x | 1.37x | CN¥-3.70 Billion |
| 2022 | -7.89% | -10.00% | 0.54x | 1.46x | CN¥-4.52 Billion |
| 2023 | 4.01% | 4.04% | 0.70x | 1.41x | CN¥-1.58 Billion |
| 2024 | 3.91% | 3.91% | 0.74x | 1.35x | CN¥-1.65 Billion |
| 2025 | 5.04% | 4.97% | 0.78x | 1.31x | CN¥-1.40 Billion |
Industry Comparison
This section compares Guangshen Railway Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,604,753,121
- Average return on equity (ROE) among peers: 5.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangshen Railway Co Ltd (601333) | CN¥28.25 Billion | 11.98% | 0.31x | $2.66 Billion |
| China High-Speed Railway Technology (000008) | $-32.69 Million | 0.00% | 0.00x | $1.07 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $1.11 Billion | 8.00% | 1.64x | $532.07 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $4.97 Billion | 0.90% | 0.06x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $805.74 Million | -18.60% | 0.90x | $796.72 Million |
| China Railway Materials Co Ltd (000927) | $3.68 Billion | 4.81% | 0.96x | $2.49 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.54 Billion | 5.52% | 0.45x | $644.19 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.54 Billion | 9.77% | 0.85x | $537.64 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $920.49 Million | 13.23% | 0.96x | $617.25 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.36 Billion | 7.00% | 0.73x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $140.60 Million | 27.43% | 1.57x | $1.17 Billion |
About Guangshen Railway Co Ltd
Guangshen Railway Company Limited engages in the railway passenger and freight transportation businesses in the People's Republic of China. Its passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, and long-distance trains. The company's freight transportation services comprise the transportation of full load cargos, containers, bulky and heavy c… Read more