China Railway High speed Electrification Equipment Co Ltd
China Railway High-Speed Electrification Equipment Corporation Limited engages in the design, research and development, manufacturing, and sales of electrified railway contact network products, urban rail transit power supply equipment, and off-track products. The company operates in power supply equipment industry for domestic electrified railways and urban rail transit. It offers cantilever bra… Read more
China Railway High speed Electrification Equipment Co Ltd (688285) - Net Assets
Latest net assets as of September 2025: CN¥1.69 Billion CNY
Based on the latest financial reports, China Railway High speed Electrification Equipment Co Ltd (688285) has net assets worth CN¥1.69 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.01 Billion) and total liabilities (CN¥1.32 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.69 Billion |
| % of Total Assets | 56.1% |
| Annual Growth Rate | 18.84% |
| 5-Year Change | 131.93% |
| 10-Year Change | N/A |
| Growth Volatility | 35.18 |
China Railway High speed Electrification Equipment Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how China Railway High speed Electrification Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Railway High speed Electrification Equipment Co Ltd (2016–2024)
The table below shows the annual net assets of China Railway High speed Electrification Equipment Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.66 Billion | +2.04% |
| 2023-12-31 | CN¥1.63 Billion | +1.77% |
| 2022-12-31 | CN¥1.60 Billion | +7.21% |
| 2021-12-31 | CN¥1.49 Billion | +108.31% |
| 2020-12-31 | CN¥716.71 Million | +14.48% |
| 2019-12-31 | CN¥626.08 Million | +39.86% |
| 2018-12-31 | CN¥447.64 Million | +19.51% |
| 2017-12-31 | CN¥374.57 Million | -10.37% |
| 2016-12-31 | CN¥417.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Railway High speed Electrification Equipment 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 121.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥590.33 Million | 35.86% |
| Common Stock | CN¥376.29 Million | 22.86% |
| Other Comprehensive Income | CN¥-1.95 Million | -0.12% |
| Other Components | CN¥681.47 Million | 41.40% |
| Total Equity | CN¥1.65 Billion | 100.00% |
China Railway High speed Electrification Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of China Railway High speed Electrification Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smartpay Holdings Ltd
AU:SMP
|
$116.03 Million |
|
Black Spade Acquisition II Co
NASDAQ:BSII
|
$116.10 Million |
|
Design Milk Co Limited
PINK:AHAHF
|
$116.11 Million |
|
Crexendo Inc
NASDAQ:CXDO
|
$116.12 Million |
|
Marathon Nextgen Realty Limited
NSE:MARATHON
|
$115.99 Million |
|
Jiangsu Zhongshe Group Co Ltd
SHE:002883
|
$115.98 Million |
|
KULR Technology Group Inc
NYSE MKT:KULR
|
$115.98 Million |
|
ACG
F:ACG
|
$115.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Railway High speed Electrification Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,611,839,920 to 1,646,147,874, a change of 34,307,954 (2.1%).
- Net income of 45,133,071 contributed positively to equity growth.
- Dividend payments of 15,676,120 reduced retained earnings.
- Other comprehensive income decreased equity by 289,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥45.13 Million | +2.74% |
| Dividends Paid | CN¥15.68 Million | -0.95% |
| Other Comprehensive Income | CN¥-289.00K | -0.02% |
| Other Changes | CN¥5.14 Million | +0.31% |
| Total Change | CN¥- | 2.13% |
Book Value vs Market Value Analysis
This analysis compares China Railway High speed Electrification Equipment 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: 2.09x
- 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 6.69x to 2.09x 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¥1.37 | CN¥9.15 | x |
| 2017-12-31 | CN¥1.31 | CN¥9.15 | x |
| 2018-12-31 | CN¥1.59 | CN¥9.15 | x |
| 2019-12-31 | CN¥1.63 | CN¥9.15 | x |
| 2020-12-31 | CN¥1.87 | CN¥9.15 | x |
| 2021-12-31 | CN¥3.93 | CN¥9.15 | x |
| 2022-12-31 | CN¥4.21 | CN¥9.15 | x |
| 2023-12-31 | CN¥4.39 | CN¥9.15 | x |
| 2024-12-31 | CN¥4.37 | CN¥9.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Railway High speed Electrification Equipment 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): 2.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.48%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.87x
- Recent ROE (2.74%) is below the historical average (12.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.84% | 3.11% | 0.71x | 3.58x | CN¥-8.31 Million |
| 2017 | 16.81% | 6.10% | 0.65x | 4.27x | CN¥25.02 Million |
| 2018 | 17.06% | 7.21% | 0.60x | 3.97x | CN¥31.02 Million |
| 2019 | 22.71% | 10.85% | 0.69x | 3.05x | CN¥78.10 Million |
| 2020 | 22.57% | 11.73% | 0.63x | 3.04x | CN¥88.45 Million |
| 2021 | 9.54% | 9.98% | 0.46x | 2.06x | CN¥-6.73 Million |
| 2022 | 8.94% | 9.52% | 0.47x | 2.00x | CN¥-16.85 Million |
| 2023 | 3.42% | 4.58% | 0.37x | 2.00x | CN¥-106.05 Million |
| 2024 | 2.74% | 4.48% | 0.33x | 1.87x | CN¥-119.48 Million |
Industry Comparison
This section compares China Railway High speed Electrification Equipment Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,677,457,496
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Railway High speed Electrification Equipment Co Ltd (688285) | CN¥1.69 Billion | 7.84% | 0.78x | $116.00 Million |
| China High-Speed Railway Technology (000008) | $540.83 Million | 7.24% | 0.13x | $619.07 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $545.89 Million | 18.19% | 3.34x | $269.49 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-280.00 Million | 0.00% | 0.00x | $573.05 Million |
| Vontron Technology Co Ltd (000920) | $120.66 Million | 30.91% | 1.29x | $402.70 Million |
| China Railway Materials Co Ltd (000927) | $3.21 Billion | -14.95% | 1.55x | $782.90 Million |
| China Railway Special Cargo Logistics Co. Ltd. (001213) | $17.98 Billion | 2.17% | 0.09x | $419.62 Million |
| Changzhou Evergreen Technology Co. Ltd. A (001324) | $1.09 Billion | 6.59% | 0.24x | $169.48 Million |
| HeNan Splendor Science & Technology Co Ltd (002296) | $723.83 Million | 13.20% | 0.36x | $539.03 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.39 Billion | 4.26% | 0.96x | $441.62 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $387.27 Million |