Zhuzhou CRRC Times Electric Co Ltd Net Assets
Zhuzhou CRRC Times Electric Co Ltd net assets. Based on the latest financial reports, Zhuzhou CRRC Times Electric Co Ltd (688187) has net assets worth CN¥45.92 Billion CNY (≈ $6.72 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¥72.08 Billion ≈ $10.55 Billion USD) and total liabilities (CN¥26.16 Billion ≈ $3.83 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. See Zhuzhou CRRC Times Electric Co Ltd (688187) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥45.92 Billion |
| % of Total Assets | 63.71% |
| Annual Growth Rate | 12.88% |
| 5-Year Change | 37.94% |
| 10-Year Change | N/A |
| Growth Volatility | 11.74 |
Net Assets of Zhuzhou CRRC Times Electric Co Ltd (2019–2025)
Net assets of Zhuzhou CRRC Times Electric Co Ltd from 2019 to 2025. This chart illustrates how Zhuzhou CRRC Times Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhuzhou CRRC Times Electric Co Ltd (688187) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Zhuzhou CRRC Times Electric Co Ltd (2019–2025)
The table below shows the annual net assets of Zhuzhou CRRC Times Electric Co Ltd from 2019 to 2025. For live market cap and overall valuation, see Zhuzhou CRRC Times Electric Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥45.92 Billion ≈ $6.72 Billion |
+2.60% |
| 2024-12-31 | CN¥44.76 Billion ≈ $6.55 Billion |
+18.68% |
| 2023-12-31 | CN¥37.72 Billion ≈ $5.52 Billion |
+6.86% |
| 2022-12-31 | CN¥35.30 Billion ≈ $5.16 Billion |
+6.02% |
| 2021-12-31 | CN¥33.29 Billion ≈ $4.87 Billion |
+37.23% |
| 2020-12-31 | CN¥24.26 Billion ≈ $3.55 Billion |
+9.30% |
| 2019-12-31 | CN¥22.20 Billion ≈ $3.25 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhuzhou CRRC Times Electric 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 47.8% over the analyzed period, indicating profitable operations and earnings retention.
Zhuzhou CRRC Times Electric Co Ltd Net Assets Breakdown (December 2025)
Zhuzhou CRRC Times Electric Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥25.92 Billion | 61.01% |
| Other Components | CN¥16.56 Billion | 38.99% |
| Total Equity | CN¥42.49 Billion | 100.00% |
Zhuzhou CRRC Times Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Zhuzhou CRRC Times Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAIDILAO INT.HLDG LTD
F:8HI
|
$5.95 Billion |
|
MaxLinear Inc
NASDAQ:MXL
|
$5.95 Billion |
|
Immunitybio Inc
NASDAQ:IBRX
|
$5.96 Billion |
|
Puya Semiconductor Shanghai Co Ltd
SHG:688766
|
$5.96 Billion |
|
Schaeffler India Limited
NSE:SCHAEFFLER
|
$5.94 Billion |
|
Qilu Bank Co Ltd
SHG:601665
|
$5.94 Billion |
|
COSCO SHIPPING Holdings Co. Ltd
F:C6G
|
$5.94 Billion |
|
Dropbox Inc
NASDAQ:DBX
|
$5.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhuzhou CRRC Times Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 41,527,759,522 to 42,486,863,432, a change of 959,103,910 (2.3%).
- Net income of 4,096,540,421 contributed positively to equity growth.
- Dividend payments of 2,029,782,587 reduced retained earnings.
- Other factors decreased equity by 1,107,653,924.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.10 Billion | +9.64% |
| Dividends Paid | CN¥2.03 Billion | -4.78% |
| Other Changes | CN¥-1.11 Billion | -2.61% |
| Total Change | CN¥- | 2.31% |
Book Value vs Market Value Analysis
This analysis compares Zhuzhou CRRC Times Electric 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: 1.49x
- 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 2.51x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥18.64 | CN¥46.77 | x |
| 2020-12-31 | CN¥20.29 | CN¥46.77 | x |
| 2021-12-31 | CN¥23.03 | CN¥46.77 | x |
| 2022-12-31 | CN¥24.38 | CN¥46.77 | x |
| 2023-12-31 | CN¥26.03 | CN¥46.77 | x |
| 2024-12-31 | CN¥29.62 | CN¥46.77 | x |
| 2025-12-31 | CN¥31.29 | CN¥46.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhuzhou CRRC Times Electric 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): 9.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.33%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.70x
- Recent ROE (9.64%) is above the historical average (8.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 12.14% | 16.31% | 0.49x | 1.51x | CN¥468.14 Million |
| 2020 | 10.38% | 15.44% | 0.47x | 1.42x | CN¥90.21 Million |
| 2021 | 6.19% | 13.34% | 0.34x | 1.35x | CN¥-1.24 Billion |
| 2022 | 7.40% | 14.17% | 0.37x | 1.40x | CN¥-897.25 Million |
| 2023 | 8.25% | 13.95% | 0.41x | 1.45x | CN¥-645.84 Million |
| 2024 | 8.92% | 14.96% | 0.38x | 1.56x | CN¥-450.19 Million |
| 2025 | 9.64% | 14.33% | 0.40x | 1.70x | CN¥-152.15 Million |
Industry Comparison
This section compares Zhuzhou CRRC Times Electric Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,370,138,748
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuzhou CRRC Times Electric Co Ltd (688187) | CN¥45.92 Billion | 12.14% | 0.57x | $5.95 Billion |
| China High-Speed Railway Technology (000008) | $3.11 Billion | -17.54% | 2.20x | $918.21 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $435.66 Million | 6.49% | 0.96x | $454.74 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-465.44 Million | 0.00% | 0.00x | $757.59 Million |
| Vontron Technology Co Ltd (000920) | $123.57 Million | 40.81% | 1.08x | $767.67 Million |
| China Railway Materials Co Ltd (000927) | $5.89 Billion | 17.94% | 3.13x | $2.19 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.54 Billion | 5.52% | 0.45x | $505.66 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $177.46 Million | 22.71% | 1.10x | $503.69 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $920.49 Million | 13.23% | 0.96x | $534.83 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.18 Billion | 10.87% | 0.36x | $1.08 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $785.51 Million | 8.98% | 0.20x | $752.31 Million |
About Zhuzhou CRRC Times Electric Co Ltd
Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the provision of propulsion and control systems in Mainland China and internationally. It provides traction converter systems, power supply systems, informationization and intelligent system products, test equipment, urban rail vehicle door systems, electrical system of passenger car, technological equipment of urba… Read more