China Railway Harbin Group of Technology Corp. A
China Railway Harbin Group of Technology Corporation researches, develops, produces, and sells rail transit safety monitoring and testing/inspection, railway professional information, and intelligent equipment products. The company provides 5T equipment in the field of rail transit, dynamic detection system of wheel geometry, speed control systems, automatic identification systems for vehicle num… Read more
China Railway Harbin Group of Technology Corp. A (688459) - Net Assets
Latest net assets as of June 2025: CN¥3.50 Billion CNY
Based on the latest financial reports, China Railway Harbin Group of Technology Corp. A (688459) has net assets worth CN¥3.50 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.12 Billion) and total liabilities (CN¥618.18 Million). 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¥3.50 Billion |
| % of Total Assets | 84.99% |
| Annual Growth Rate | 36.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.13 |
China Railway Harbin Group of Technology Corp. A - Net Assets Trend (2020–2024)
This chart illustrates how China Railway Harbin Group of Technology Corp. A'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 Harbin Group of Technology Corp. A (2020–2024)
The table below shows the annual net assets of China Railway Harbin Group of Technology Corp. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.51 Billion | +2.38% |
| 2023-12-31 | CN¥3.43 Billion | +2.25% |
| 2022-12-31 | CN¥3.36 Billion | +60.99% |
| 2021-12-31 | CN¥2.08 Billion | +104.70% |
| 2020-12-31 | CN¥1.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Railway Harbin Group of Technology Corp. A'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 5.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥675.52 Million | 19.83% |
| Other Components | CN¥2.73 Billion | 80.17% |
| Total Equity | CN¥3.41 Billion | 100.00% |
China Railway Harbin Group of Technology Corp. A Competitors by Market Cap
The table below lists competitors of China Railway Harbin Group of Technology Corp. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock
NASDAQ:LANDP
|
$228.25 Million |
|
Relaxo Footwears Limited
NSE:RELAXO
|
$228.32 Million |
|
Beneteau SA
LSE:0K8N
|
$228.36 Million |
|
G-Tech Optoelectronics Corp
TW:3149
|
$228.41 Million |
|
Shenzhen Weiguang Biological Products Co Ltd
SHE:002880
|
$228.11 Million |
|
Thonburi Healthcare Grp Pcl
BK:THG
|
$228.08 Million |
|
MBK Public Company Limited
BK:MBK
|
$228.06 Million |
|
Pico Far East Holdings Limited
F:PJFB
|
$228.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Railway Harbin Group of Technology Corp. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,329,301,681 to 3,407,150,283, a change of 77,848,602 (2.3%).
- Net income of 125,594,378 contributed positively to equity growth.
- Dividend payments of 48,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥125.59 Million | +3.69% |
| Dividends Paid | CN¥48.00 Million | -1.41% |
| Other Changes | CN¥254.22K | +0.01% |
| Total Change | CN¥- | 2.34% |
Book Value vs Market Value Analysis
This analysis compares China Railway Harbin Group of Technology Corp. A'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: 1.36x
- 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 3.42x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥2.83 | CN¥9.68 | x |
| 2021-12-31 | CN¥5.55 | CN¥9.68 | x |
| 2022-12-31 | CN¥6.79 | CN¥9.68 | x |
| 2023-12-31 | CN¥6.94 | CN¥9.68 | x |
| 2024-12-31 | CN¥7.10 | CN¥9.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Railway Harbin Group of Technology Corp. A 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): 3.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.36%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.25x
- Recent ROE (3.69%) is below the historical average (5.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 10.64% | 13.52% | 0.54x | 1.45x | CN¥6.55 Million |
| 2021 | 4.36% | 8.60% | 0.38x | 1.33x | CN¥-112.59 Million |
| 2022 | 3.54% | 12.68% | 0.23x | 1.19x | CN¥-210.65 Million |
| 2023 | 3.33% | 11.42% | 0.24x | 1.22x | CN¥-222.22 Million |
| 2024 | 3.69% | 11.36% | 0.26x | 1.25x | CN¥-215.12 Million |
Industry Comparison
This section compares China Railway Harbin Group of Technology Corp. A'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 Harbin Group of Technology Corp. A (688459) | CN¥3.50 Billion | 10.64% | 0.18x | $228.17 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 |