China Railway Harbin Group of Technology Corp. A (688459) - Net Assets
Based on the latest financial reports, China Railway Harbin Group of Technology Corp. A (688459) has net assets worth CN¥3.50 Billion CNY (≈ $512.27 Million USD) 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 ≈ $602.73 Million USD) and total liabilities (CN¥618.18 Million ≈ $90.46 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. Read China Railway Harbin Group of Technology total liabilities for a breakdown of total debt and financial obligations.
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. Also explore 688459 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of China Railway Harbin Group of Technology.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.51 Billion ≈ $514.10 Million |
+2.38% |
| 2023-12-31 | CN¥3.43 Billion ≈ $502.14 Million |
+2.25% |
| 2022-12-31 | CN¥3.36 Billion ≈ $491.11 Million |
+60.99% |
| 2021-12-31 | CN¥2.08 Billion ≈ $305.05 Million |
+104.70% |
| 2020-12-31 | CN¥1.02 Billion ≈ $149.02 Million |
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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 |
|---|---|
|
Afya Ltd
NASDAQ:AFYA
|
$653.25 Million |
|
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399
|
$653.30 Million |
|
Shandong Xingmin Wheel Co Ltd
SHE:002355
|
$653.44 Million |
|
Citycon Oyj
HE:CTY1S
|
$653.49 Million |
|
Beijing Dinghan Tech Co
SHE:300011
|
$653.07 Million |
|
Dat Xanh Real Estate Service Contructions Corp
VN:DXG
|
$652.98 Million |
|
Hainan Pearl River Holdings Co Ltd
SHE:000505
|
$652.89 Million |
|
Cablevision Holding SA
BA:CVH
|
$652.87 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: 1.31x
- 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 3.29x to 1.31x 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¥9.30 | x |
| 2021-12-31 | CN¥5.55 | CN¥9.30 | x |
| 2022-12-31 | CN¥6.79 | CN¥9.30 | x |
| 2023-12-31 | CN¥6.94 | CN¥9.30 | x |
| 2024-12-31 | CN¥7.10 | CN¥9.30 | 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: $1,282,320,487
- Average return on equity (ROE) among peers: 3.47%
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 | $653.22 Million |
| China High-Speed Railway Technology (000008) | $3.11 Billion | -17.54% | 2.20x | $1.12 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $413.58 Million | 6.58% | 0.68x | $530.39 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $573.29 Million | -23.69% | 3.19x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $566.70 Million | 10.07% | 0.21x | $821.61 Million |
| China Railway Materials Co Ltd (000927) | $1.66 Billion | 30.22% | 2.33x | $2.55 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $626.56 Million | 13.68% | 0.19x | $678.39 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.21 Billion | 3.10% | 1.15x | $566.99 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $798.47 Million | 8.73% | 0.44x | $637.85 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.38 Billion | 2.95% | 0.85x | $1.24 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $2.48 Billion | 0.61% | 1.32x | $1.23 Billion |
About 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