CRRC Corp Ltd Class A (601766) - Net Assets

Latest as of June 2026: CN¥220.03 Billion CNY ≈ $32.20 Billion USD

Based on the latest financial reports, CRRC Corp Ltd Class A (601766) has net assets worth CN¥220.03 Billion CNY (≈ $32.20 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥545.68 Billion ≈ $79.85 Billion USD) and total liabilities (CN¥325.65 Billion ≈ $47.65 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 601766 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥220.03 Billion
% of Total Assets 40.32%
Annual Growth Rate 23.77%
5-Year Change 21.72%
10-Year Change 79.22%
Growth Volatility 46.03

CRRC Corp Ltd Class A - Net Assets Trend (2005–2025)

This chart illustrates how CRRC Corp Ltd Class A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is CRRC Corp Ltd Class A worth.

Annual Net Assets for CRRC Corp Ltd Class A (2005–2025)

The table below shows the annual net assets of CRRC Corp Ltd Class A from 2005 to 2025. Also explore 601766 net assets growth trend to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 CN¥221.88 Billion
≈ $32.47 Billion		 +5.56%
2024-12-31 CN¥210.19 Billion
≈ $30.76 Billion		 +6.96%
2023-12-31 CN¥196.52 Billion
≈ $28.76 Billion		 +2.90%
2022-12-31 CN¥190.99 Billion
≈ $27.95 Billion		 +4.77%
2021-12-31 CN¥182.29 Billion
≈ $26.67 Billion		 +7.77%
2020-12-31 CN¥169.14 Billion
≈ $24.75 Billion		 +6.49%
2019-12-31 CN¥158.83 Billion
≈ $23.24 Billion		 +6.11%
2018-12-31 CN¥149.68 Billion
≈ $21.90 Billion		 +5.51%
2017-12-31 CN¥141.87 Billion
≈ $20.76 Billion		 +14.59%
2016-12-31 CN¥123.80 Billion
≈ $18.12 Billion		 +9.01%
2015-12-31 CN¥113.57 Billion
≈ $16.62 Billion		 +120.44%
2014-12-31 CN¥51.52 Billion
≈ $7.54 Billion		 +11.63%
2013-12-31 CN¥46.15 Billion
≈ $6.75 Billion		 +16.82%
2012-12-31 CN¥39.51 Billion
≈ $5.78 Billion		 +40.66%
2011-12-31 CN¥28.09 Billion
≈ $4.11 Billion		 +17.81%
2010-12-31 CN¥23.84 Billion
≈ $3.49 Billion		 +17.12%
2009-12-31 CN¥20.36 Billion
≈ $2.98 Billion		 +8.99%
2008-12-31 CN¥18.68 Billion
≈ $2.73 Billion		 +191.11%
2007-12-31 CN¥6.42 Billion
≈ $938.84 Million		 +22.65%
2006-12-31 CN¥5.23 Billion
≈ $765.45 Million		 +67.68%
2005-12-31 CN¥3.12 Billion
≈ $456.49 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to CRRC Corp Ltd Class A'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 9382240800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥93.82 Billion 54.51%
Other Components CN¥78.30 Billion 45.49%
Total Equity CN¥172.12 Billion 100.00%

CRRC Corp Ltd Class A Competitors by Market Cap

The table below lists competitors of CRRC Corp Ltd Class A ranked by their market capitalization.

Company Market Cap
Bank of Nanjing Co Ltd
SHG:601009
 $21.29 Billion
Affirm Holdings Inc
NASDAQ:AFRM
 $21.31 Billion
United Therapeutics Corporation
NASDAQ:UTHR
 $21.32 Billion
Tower Semiconductor Ltd
TA:TSEM
 $21.35 Billion
Bunge Limited
NYSE:BG
 $21.29 Billion
Kuehne & Nagel
SW:KNIN
 $21.22 Billion
Edison International
NYSE:EIX
 $21.18 Billion
Tenaris SA ADR
NYSE:TS
 $21.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CRRC Corp Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 168,773,774,000 to 172,120,649,000, a change of 3,346,875,000 (2.0%).
  • Net income of 13,181,015,000 contributed positively to equity growth.
  • Dividend payments of 9,183,637,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,012,698,000.
  • Other factors increased equity by 8,362,195,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥13.18 Billion +7.66%
Dividends Paid CN¥9.18 Billion -5.34%
Other Comprehensive Income CN¥-9.01 Billion -5.24%
Other Changes CN¥8.36 Billion +4.86%
Total Change CN¥- 1.98%

Book Value vs Market Value Analysis

This analysis compares CRRC Corp Ltd Class A'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: 1.00x
  • 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 15.48x to 1.00x 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 CN¥0.39 CN¥5.98 x
2006-12-31 CN¥0.49 CN¥5.98 x
2007-12-31 CN¥0.65 CN¥5.98 x
2008-12-31 CN¥1.86 CN¥5.98 x
2009-12-31 CN¥1.45 CN¥5.98 x
2010-12-31 CN¥1.60 CN¥5.98 x
2011-12-31 CN¥1.93 CN¥5.98 x
2012-12-31 CN¥2.45 CN¥5.98 x
2013-12-31 CN¥2.63 CN¥5.98 x
2014-12-31 CN¥2.93 CN¥5.98 x
2015-12-31 CN¥3.53 CN¥5.98 x
2016-12-31 CN¥3.81 CN¥5.98 x
2017-12-31 CN¥4.17 CN¥5.98 x
2018-12-31 CN¥4.43 CN¥5.98 x
2019-12-31 CN¥4.68 CN¥5.98 x
2020-12-31 CN¥4.93 CN¥5.98 x
2021-12-31 CN¥5.17 CN¥5.98 x
2022-12-31 CN¥5.40 CN¥5.98 x
2023-12-31 CN¥5.61 CN¥5.98 x
2024-12-31 CN¥5.86 CN¥5.98 x
2025-12-31 CN¥6.00 CN¥5.98 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CRRC Corp Ltd Class A 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): 7.66%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.84%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 3.22x
  • Recent ROE (7.66%) is below the historical average (11.55%), 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 15.13% 1.99% 0.88x 8.63x CN¥133.22 Million
2006 15.95% 2.29% 0.87x 7.98x CN¥196.85 Million
2007 18.58% 3.01% 0.82x 7.53x CN¥372.76 Million
2008 8.62% 3.87% 0.79x 2.83x CN¥-221.37 Million
2009 9.66% 3.62% 0.84x 3.17x CN¥-58.36 Million
2010 13.15% 3.90% 0.88x 3.82x CN¥607.02 Million
2011 17.13% 4.79% 0.87x 4.11x CN¥1.61 Billion
2012 12.24% 4.43% 0.86x 3.21x CN¥733.92 Million
2013 11.39% 4.19% 0.82x 3.31x CN¥508.97 Million
2014 26.70% 4.88% 1.47x 3.72x CN¥6.76 Billion
2015 12.20% 4.89% 0.77x 3.22x CN¥2.13 Billion
2016 10.77% 4.92% 0.68x 3.23x CN¥804.48 Million
2017 8.88% 5.11% 0.56x 3.09x CN¥-1.36 Billion
2018 8.80% 5.16% 0.61x 2.78x CN¥-1.54 Billion
2019 8.68% 5.15% 0.60x 2.82x CN¥-1.79 Billion
2020 7.92% 4.98% 0.58x 2.74x CN¥-2.97 Billion
2021 6.93% 4.56% 0.53x 2.87x CN¥-4.55 Billion
2022 7.52% 5.23% 0.50x 2.85x CN¥-3.85 Billion
2023 7.28% 5.00% 0.50x 2.93x CN¥-4.39 Billion
2024 7.34% 5.03% 0.48x 3.04x CN¥-4.49 Billion
2025 7.66% 4.84% 0.49x 3.22x CN¥-4.03 Billion

Industry Comparison

This section compares CRRC Corp Ltd Class A's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $974,325,432
  • Average return on equity (ROE) among peers: 34.96%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CRRC Corp Ltd Class A (601766) CN¥220.03 Billion 15.13% 1.48x $21.29 Billion
China High-Speed Railway Technology (000008) $135.61 Million 13.90% 0.78x $961.93 Million
Nanjing Zhongbei Group Co Ltd (000421) $545.89 Million 18.19% 3.34x $488.36 Million
Ningxia Western Venture Industrial Co Ltd (000557) $136.47 Million 267.75% 1.11x $785.33 Million
Vontron Technology Co Ltd (000920) $120.66 Million 30.91% 1.29x $883.16 Million
China Railway Materials Co Ltd (000927) $3.16 Billion -3.02% 1.32x $2.20 Billion
HeNan Splendor Science & Technology Co Ltd (002296) $583.89 Million 9.31% 0.22x $540.43 Million
Sichuan Fulin Transportation Group Co Ltd (002357) $1.21 Billion 3.10% 1.15x $557.36 Million
Tianjin Keyvia Electric Co Ltd (300407) $218.78 Million 27.72% 0.81x $547.51 Million
Chengdu Yunda Technology Co Ltd (300440) $1.20 Billion 8.76% 0.56x $1.15 Billion
Zhejiang Tiantie Industry Co Ltd (300587) $2.42 Billion -27.00% 1.18x $944.19 Million

About CRRC Corp Ltd Class A

SHG:601766 China Railroads
Market Cap
$21.29 Billion
CN¥145.48 Billion CNY
Market Cap Rank
#1227 Global
#90 in China
Share Price
CN¥5.98
Change (1 day)
-1.64%
52-Week Range
CN¥5.20 - CN¥8.04
All Time High
CN¥12.32
Categories
Companies in China Railroads
About

CRRC Corporation Limited, with its subsidiaries, engages in the research and development, designing, manufacturing, refurbishment, sale, leasing, and technical servicing of railway locomotives in Mainland China and internationally. It provides rolling stock, including electric and diesel locomotives, trains, EMU, DMU, trams and rail vehicles, metro cars, LRVs, coaches, wagons, and track machinery… Read more