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¥227.45 Billion CNY (≈ $33.28 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¥287.86 Billion ≈ $42.12 Billion USD) and total liabilities (CN¥60.41 Billion ≈ $8.84 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 resilient are Beijing-Shanghai High Speed Railway Co L's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥227.45 Billion |
| % of Total Assets | 79.01% |
| Annual Growth Rate | 28.71% |
| 5-Year Change | 8.04% |
| 10-Year Change | 117.36% |
| Growth Volatility | 267.27 |
Beijing-Shanghai High Speed Railway Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Beijing-Shanghai High Speed Railway Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beijing-Shanghai High Speed Railway Co L asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Beijing-Shanghai High Speed Railway Co Ltd (2007–2024)
The table below shows the annual net assets of Beijing-Shanghai High Speed Railway Co Ltd from 2007 to 2024. For live valuation and market cap data, see how much is Beijing-Shanghai High Speed Railway Co L worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 2252025147100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥22.52 Billion | 11.13% |
| Common Stock | CN¥49.11 Billion | 24.26% |
| Other Comprehensive Income | CN¥8.22 Billion | 4.06% |
| Other Components | CN¥122.55 Billion | 60.55% |
| Total Equity | CN¥202.40 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 |
|---|---|
|
Adyen NV
AS:ADYEN
|
$34.75 Billion |
|
Telefonaktiebolaget LM Ericsson B ADR
NASDAQ:ERIC
|
$34.77 Billion |
|
Muyuan Foodstuff Co Ltd
SHE:002714
|
$34.78 Billion |
|
Hanwha Aerospace Co Ltd
KO:012450
|
$34.87 Billion |
|
Sysco Corporation
NYSE:SYY
|
$34.69 Billion |
|
Hindustan Aeronautics Limited
NSE:HAL
|
$34.63 Billion |
|
Trip.com Group Ltd ADR
NASDAQ:TCOM
|
$34.61 Billion |
|
Roper Technologies, Inc.
NASDAQ:ROP
|
$34.60 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 2023 to 2024, total equity changed from 194,970,466,272 to 202,403,433,271, a change of 7,432,966,999 (3.8%).
- Net income of 12,768,289,000 contributed positively to equity growth.
- Dividend payments of 7,558,780,000 reduced retained earnings.
- Other comprehensive income increased equity by 8,081,532,412.
- Other factors decreased equity by 5,858,074,413.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.77 Billion | +6.31% |
| Dividends Paid | CN¥7.56 Billion | -3.73% |
| Other Comprehensive Income | CN¥8.08 Billion | +3.99% |
| Other Changes | CN¥-5.86 Billion | -2.89% |
| Total Change | CN¥- | 3.81% |
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: 1.18x
- 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 1.37x to 1.18x 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¥4.85 | x |
| 2017-12-31 | CN¥3.67 | CN¥4.85 | x |
| 2018-12-31 | CN¥3.76 | CN¥4.85 | x |
| 2019-12-31 | CN¥3.87 | CN¥4.85 | x |
| 2020-12-31 | CN¥3.78 | CN¥4.85 | x |
| 2021-12-31 | CN¥3.81 | CN¥4.85 | x |
| 2022-12-31 | CN¥3.74 | CN¥4.85 | x |
| 2023-12-31 | CN¥3.97 | CN¥4.85 | x |
| 2024-12-31 | CN¥4.12 | CN¥4.85 | 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): 6.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.29%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.41x
- Recent ROE (6.31%) is above the historical average (4.67%), 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 |
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: $1,445,133,524
- Average return on equity (ROE) among peers: 4.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing-Shanghai High Speed Railway Co Ltd (601816) | CN¥227.45 Billion | 5.66% | 0.27x | $34.72 Billion |
| China High-Speed Railway Technology (000008) | $74.22 Million | 1.20% | 0.05x | $1.12 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $3.83 Billion | -2.36% | 3.09x | $530.39 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $915.51 Million | -5.46% | 1.42x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $885.05 Million | 2.69% | 0.60x | $821.61 Million |
| China Railway Materials Co Ltd (000927) | $2.96 Billion | 8.79% | 1.49x | $2.55 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.46 Billion | 1.90% | 0.40x | $678.39 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $691.02 Million | 9.89% | 0.57x | $566.99 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $637.85 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.40 Billion | 10.40% | 0.42x | $1.24 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $785.51 Million | 8.98% | 0.20x | $1.23 Billion |
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 provide overhead line use and other services to passengers. It runs through the provinces and cities of Beijing, Tianjin, Hebei, Shando… Read more