Beijing-Shanghai High Speed Railway Co Ltd (601816) - Net Assets
Based on the latest financial reports, Beijing-Shanghai High Speed Railway Co Ltd (601816) has net assets worth CN¥233.33 Billion CNY (≈ $34.14 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥290.81 Billion ≈ $42.56 Billion USD) and total liabilities (CN¥57.48 Billion ≈ $8.41 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 how strategically is Beijing-Shanghai High Speed Railway Co L's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥233.33 Billion |
| % of Total Assets | 80.23% |
| Annual Growth Rate | 27.06% |
| 5-Year Change | 8.95% |
| 10-Year Change | 64.79% |
| Growth Volatility | 258.19 |
Beijing-Shanghai High Speed Railway Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Beijing-Shanghai High Speed Railway Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Beijing-Shanghai High Speed Railway Co L (601816) market capitalisation.
Annual Net Assets for Beijing-Shanghai High Speed Railway Co Ltd (2007–2025)
The table below shows the annual net assets of Beijing-Shanghai High Speed Railway Co Ltd from 2007 to 2025. Also explore net asset growth rate of Beijing-Shanghai High Speed Railway Co L to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥229.99 Billion ≈ $33.65 Billion |
+2.11% |
| 2024-12-31 | CN¥225.25 Billion ≈ $32.96 Billion |
+3.37% |
| 2023-12-31 | CN¥217.91 Billion ≈ $31.89 Billion |
+5.13% |
| 2022-12-31 | CN¥207.28 Billion ≈ $30.33 Billion |
-1.81% |
| 2021-12-31 | CN¥211.10 Billion ≈ $30.89 Billion |
+1.26% |
| 2020-12-31 | CN¥208.48 Billion ≈ $30.51 Billion |
+31.31% |
| 2019-12-31 | CN¥158.77 Billion ≈ $23.23 Billion |
+7.15% |
| 2018-12-31 | CN¥148.17 Billion ≈ $21.68 Billion |
+2.63% |
| 2017-12-31 | CN¥144.38 Billion ≈ $21.13 Billion |
+3.45% |
| 2016-12-31 | CN¥139.56 Billion ≈ $20.42 Billion |
+34.67% |
| 2010-12-31 | CN¥103.63 Billion ≈ $15.16 Billion |
+33.23% |
| 2009-12-31 | CN¥77.78 Billion ≈ $11.38 Billion |
+133.22% |
| 2008-12-31 | CN¥33.35 Billion ≈ $4.88 Billion |
+981.42% |
| 2007-12-31 | CN¥3.08 Billion ≈ $451.29 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing-Shanghai High Speed 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 2671443272403.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥26.71 Billion | 12.90% |
| Other Components | CN¥180.40 Billion | 87.10% |
| Total Equity | CN¥207.11 Billion | 100.00% |
Beijing-Shanghai High Speed Railway Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing-Shanghai High Speed Railway Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chunghwa Telecom Co Ltd
NYSE:CHT
|
$34.31 Billion |
|
Taishin Financial Holding Co Ltd
TW:2887
|
$34.34 Billion |
|
Vodafone Group Plc
MX:VODN
|
$34.39 Billion |
|
United Microelectronics Corporation
F:UMCB
|
$34.44 Billion |
|
ENDESA ADR/ 1/2 EO 120
F:ENAA
|
$34.26 Billion |
|
Kimberly-Clark Corporation
NYSE:KMB
|
$34.17 Billion |
|
M&T Bank Corporation
NYSE:MTB
|
$34.11 Billion |
|
TESCO PLC ADR/1 LS-05
F:TCO2
|
$34.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing-Shanghai High Speed Railway Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 202,403,433,271 to 207,113,561,738, a change of 4,710,128,467 (2.3%).
- Net income of 13,171,912,357 contributed positively to equity growth.
- Dividend payments of 9,264,108,760 reduced retained earnings.
- Other comprehensive income decreased equity by 8,224,999,412.
- Other factors increased equity by 9,027,324,282.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥13.17 Billion | +6.36% |
| Dividends Paid | CN¥9.26 Billion | -4.47% |
| Other Comprehensive Income | CN¥-8.22 Billion | -3.97% |
| Other Changes | CN¥9.03 Billion | +4.36% |
| Total Change | CN¥- | 2.33% |
Book Value vs Market Value Analysis
This analysis compares Beijing-Shanghai High Speed 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: 1.13x
- 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 1.36x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥3.53 | CN¥4.79 | x |
| 2017-12-31 | CN¥3.67 | CN¥4.79 | x |
| 2018-12-31 | CN¥3.76 | CN¥4.79 | x |
| 2019-12-31 | CN¥3.87 | CN¥4.79 | x |
| 2020-12-31 | CN¥3.78 | CN¥4.79 | x |
| 2021-12-31 | CN¥3.81 | CN¥4.79 | x |
| 2022-12-31 | CN¥3.74 | CN¥4.79 | x |
| 2023-12-31 | CN¥3.97 | CN¥4.79 | x |
| 2024-12-31 | CN¥4.12 | CN¥4.79 | x |
| 2025-12-31 | CN¥4.23 | CN¥4.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing-Shanghai High Speed 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): 6.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.59%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.39x
- Recent ROE (6.36%) is above the historical average (4.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.66% | 30.10% | 0.15x | 1.29x | CN¥-6.05 Billion |
| 2017 | 6.27% | 30.63% | 0.17x | 1.23x | CN¥-5.38 Billion |
| 2018 | 6.92% | 32.89% | 0.18x | 1.19x | CN¥-4.57 Billion |
| 2019 | 6.97% | 31.75% | 0.19x | 1.17x | CN¥-4.81 Billion |
| 2020 | 1.76% | 12.79% | 0.08x | 1.64x | CN¥-15.13 Billion |
| 2021 | 2.58% | 16.43% | 0.10x | 1.58x | CN¥-13.87 Billion |
| 2022 | -0.31% | -2.98% | 0.07x | 1.57x | CN¥-18.98 Billion |
| 2023 | 5.92% | 28.38% | 0.14x | 1.50x | CN¥-7.95 Billion |
| 2024 | 6.31% | 30.29% | 0.15x | 1.41x | CN¥-7.47 Billion |
| 2025 | 6.36% | 30.59% | 0.15x | 1.39x | CN¥-7.54 Billion |
Industry Comparison
This section compares Beijing-Shanghai High Speed Railway Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,784,053,365
- Average return on equity (ROE) among peers: 9.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing-Shanghai High Speed Railway Co Ltd (601816) | CN¥233.33 Billion | 5.66% | 0.25x | $34.29 Billion |
| China High-Speed Railway Technology (000008) | $38.31 Million | 11.72% | 0.83x | $950.00 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $3.85 Billion | 5.84% | 1.85x | $471.55 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $5.84 Billion | 4.15% | 0.07x | $789.60 Million |
| Vontron Technology Co Ltd (000920) | $1.34 Billion | 5.34% | 0.84x | $775.28 Million |
| China Railway Materials Co Ltd (000927) | $9.82 Billion | 7.22% | 1.87x | $2.20 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.46 Billion | 1.90% | 0.40x | $513.64 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $126.31 Million | 28.82% | 1.45x | $539.47 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.57 Billion | 5.68% | 0.85x | $529.26 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.18 Billion | 10.87% | 0.36x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $2.61 Billion | 11.57% | 0.56x | $860.60 Million |
About Beijing-Shanghai High Speed Railway Co Ltd
Beijing-Shanghai High-Speed Railway Co., Ltd. engages in the construction and operation of high-speed trains for passengers. The company provides high-speed rail transportation services to passengers on the operated trains and collecting ticket prices, as well as overhead line use and other services to passengers. It also offers passenger transportation, consulting, property management, logistics… Read more