China Railway High speed Electrification Equipment Co Ltd (688285) - Net Assets

Latest as of September 2025: CN¥1.69 Billion CNY ≈ $247.25 Million USD

Based on the latest financial reports, China Railway High speed Electrification Equipment Co Ltd (688285) has net assets worth CN¥1.69 Billion CNY (≈ $247.25 Million 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¥3.01 Billion ≈ $440.73 Million USD) and total liabilities (CN¥1.32 Billion ≈ $193.47 Million 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 China Railway High speed Electrification balance sheet quality to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see China Railway High speed Electrification market capitalisation.

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. Also explore 688285 net assets growth trend to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	CN¥1.66 Billion ≈ $243.25 Million	+2.04%
2023-12-31	CN¥1.63 Billion ≈ $238.37 Million	+1.77%
2022-12-31	CN¥1.60 Billion ≈ $234.22 Million	+7.21%
2021-12-31	CN¥1.49 Billion ≈ $218.47 Million	+108.31%
2020-12-31	CN¥716.71 Million ≈ $104.88 Million	+14.48%
2019-12-31	CN¥626.08 Million ≈ $91.61 Million	+39.86%
2018-12-31	CN¥447.64 Million ≈ $65.50 Million	+19.51%
2017-12-31	CN¥374.57 Million ≈ $54.81 Million	-10.37%
2016-12-31	CN¥417.91 Million ≈ $61.15 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
Ulusoy Elektrik Imalat IS:ULUSE	$402.62 Million
China Sanjiang Fine Chemicals Company Limited F:8C9	$402.63 Million
Grape King Bio Ltd TW:1707	$402.77 Million
Fidere Patrimonio SOCIMI SA MC:YFID	$402.97 Million
Weave Communications Inc NYSE:WEAV	$402.40 Million
Taiwan Mask Corp TW:2338	$402.36 Million
Kaimei Electronic Corp TW:2375	$402.30 Million
HELLOFRESH UNSP.ADS/025 F:HFG0	$402.20 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: 1.67x
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 5.34x to 1.67x 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¥7.31	x
2017-12-31	CN¥1.31	CN¥7.31	x
2018-12-31	CN¥1.59	CN¥7.31	x
2019-12-31	CN¥1.63	CN¥7.31	x
2020-12-31	CN¥1.87	CN¥7.31	x
2021-12-31	CN¥3.93	CN¥7.31	x
2022-12-31	CN¥4.21	CN¥7.31	x
2023-12-31	CN¥4.39	CN¥7.31	x
2024-12-31	CN¥4.37	CN¥7.31	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: $2,784,053,365
Average return on equity (ROE) among peers: 9.31%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Railway High speed Electrification Equipment Co Ltd (688285)	CN¥1.69 Billion	7.84%	0.78x	$402.51 Million
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 China Railway High speed Electrification Equipment Co Ltd

SHG:688285 China Railroads

Market Cap

$402.51 Million

CN¥2.75 Billion CNY

Market Cap Rank

#13422 Global

#3984 in China

Share Price

CN¥7.31

Change (1 day)

-3.69%

52-Week Range

CN¥6.68 - CN¥9.89

All Time High

CN¥10.63