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China Railway GroupFRA:CNO +3.83%57 Equity-to-Asset is 0.15 as of Jun. 2026, which is 21% below its 10-year median of 0.19. GuruFocus rates FRA:CNO with a GF Score™ of 57/100 and a GF Value™ of €0.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,797 Construction companies, China Railway Group ranks worse than 89.87% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Railway Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €48,467 Mil. China Railway Group's Total Assets for the quarter that ended in Jun. 2026 was €314,936 Mil.
Therefore, China Railway Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.15.
The historical rank and industry rank for China Railway Group's Equity-to-Asset or its related term are showing as below:
FRA:CNO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.19 Max: 0.21
Current: 0.15
During the past 13 years, the highest Equity to Asset Ratio of China Railway Group was 0.21. The lowest was 0.15. And the median was 0.19.
FRA:CNO's Equity-to-Asset is ranked worse than 89.87% of 1797
companies
in the Construction industry
Industry Median: 0.45
vs FRA:CNO: 0.15
China Railway Group (FRA:CNO) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
China Railway Group Equity-to-Asset Related Terms
China Railway Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for China Railway Group's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:CNO vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, China Railway Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Railway Group Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, China Railway Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where China Railway Group's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
China Railway Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Railway Group (FRA:CNO) has a Equity-to-Asset of 0.15 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on China Railway Group and its competitors. This is 21% below median its historical median of 0.19. Over the past decade, China Railway Group's Equity-to-Asset has ranged from 0.15 to 0.21. According to the industry distribution chart, China Railway Group ranks #1615 out of 1797 companies in the Construction industry, placing it in the top 89.9%.
Is China Railway Group's Equity-to-Asset too high?
China Railway Group's current Equity-to-Asset of 0.15 is 21% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.21. The Construction industry median Equity-to-Asset is 0.45. China Railway Group's value of 0.15 is 66.7% below this industry median. Based on the distribution chart, China Railway Group ranks #1615 out of 1797 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, China Railway Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Railway Group's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, China Railway Group ranks #1615 out of 1797 companies for Equity-to-Asset. This places China Railway Group in the lower half of its industry. The industry median Equity-to-Asset is 0.45. China Railway Group's value of 0.15 is 66.7% below this benchmark. Historically, China Railway Group's own Equity-to-Asset has ranged from 0.15 to 0.21 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.45, China Railway Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,797 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Railway Group's current Equity-to-Asset of 0.15 is 66.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on China Railway Group and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway Group's current Equity-to-Asset is 0.15, which is 21% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Group stock overvalued right now?
Based on GuruFocus' analysis, China Railway Group (FRA:CNO) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.42, compared to a current price of €0.38 — trading 10.2% below its estimated fair value. The current Equity-to-Asset is 0.15, which is 21% below median its 10-year median of 0.19 and 66.7% below the Construction industry median of 0.45. China Railway Group's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For China Railway Group (FRA:CNO), the current Equity-to-Asset is 0.15 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Railway Group (FRA:CNO) Overvalued in 2026?
Based on GuruFocus' analysis, China Railway Group stock appears to be undervalued.
The current stock price of €0.38 is trading 10.2% below its estimated GF Value™ of €0.42.
GuruFocus considers China Railway Group to be Modestly Undervalued.
Key valuation signals for FRA:CNO:
Equity-to-Asset: 0.15 (21% below median its 10-year median of 0.19)
GF Value™: €0.42 vs. price of €0.38 (10.2% below fair value)
Industry Position: 66.7% below the Construction median (#1615 of 1797)
No single metric tells the full story. See the FRA:CNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.
57GF Score
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