China Railway Construction (FRA:4FF) Net Cash per Share: €-16.04 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:4FF China Railway Construction Corp Ltd FRA:4FF
56 GF Score
Price €0.64
GF Value €0.80
! 7 Warning Signs
View Full Analysis

What is China Railway Construction Net Cash per Share?

China Railway Construction FRA:4FF 56 Net Cash per Share is €-16.04 as of Jun. 2026. GuruFocus rates FRA:4FF with a GF Score™ of 56/100 and a GF Value™ of €0.80. The stock has 7 warning signs investors should review. Among 203 Construction companies, China Railway Construction ranks worse than 492610.34% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). China Railway Construction's Net Cash per Share for the quarter that ended in Jun. 2026 was €-16.04.

The historical rank and industry rank for China Railway Construction's Net Cash per Share or its related term are showing as below:

FRA:4FF's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 9.55
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Railway Construction  (FRA:4FF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


China Railway Construction Net Cash per Share Related Terms


China Railway Construction Net Cash per Share Historical Data

* Premium members only.

The historical data trend for China Railway Construction's Net Cash per Share 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.

China Railway Construction Net Cash per Share Chart

China Railway Construction Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.08 -10.92 -11.40 -13.42 -14.22

China Railway Construction Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.23 -14.25 -14.22 -15.59 -16.04

FRA:4FF vs PWR, FIX, EME: Net Cash per Share Comparison

For the Engineering & Construction subindustry, China Railway Construction's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Construction Price-to-Net-Cash vs Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Railway Construction's Price-to-Net-Cash falls into.


FRA:4FF
56GF Score
China Railway Construction Corp Ltd FRA:4FF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Railway Construction Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

China Railway Construction's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24356.426662052-206930.8366305-10560.004505197)/13579.5415
=-14.22

China Railway Construction's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(22762.572733384-228890.83793394-11719.778743723)/13579.5415
=-16.04

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of €-16.04 mean?
China Railway Construction (FRA:4FF) has a Net Cash per Share of €-16.04 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on China Railway Construction and its competitors. According to the industry distribution chart, China Railway Construction ranks #999999 out of 203 companies in the Construction industry.
Is China Railway Construction's Net Cash per Share too high?
China Railway Construction's current Net Cash per Share is €-16.04. Based on the distribution chart, China Railway Construction ranks #999999 out of 203 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, China Railway Construction has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does China Railway Construction's Net Cash per Share compare to PWR and FIX?
According to the Construction industry distribution chart, China Railway Construction ranks #999999 out of 203 companies for Net Cash per Share. This places China Railway Construction in the lower half of its industry. The industry median Net Cash per Share is 9.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Construction company?
The median Net Cash per Share among Construction companies is 9.55, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on China Railway Construction and its competitors. For the Construction industry, the median Net Cash per Share is 9.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway Construction's current Net Cash per Share is €-16.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Construction stock overvalued right now?
China Railway Construction (FRA:4FF) has a current Net Cash per Share of €-16.04. The stock's GF Value™ is €0.80, compared to a current price of €0.64 — trading 20% below its estimated fair value. The current Net Cash per Share is €-16.04. China Railway Construction's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For China Railway Construction (FRA:4FF), the current Net Cash per Share is €-16.04 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 Construction (FRA:4FF) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Construction stock appears to be undervalued. The current stock price of €0.64 is trading 20% below its estimated GF Value™ of €0.80.

Key valuation signals for FRA:4FF:

  • Net Cash per Share: €-16.04
  • GF Value™: €0.80 vs. price of €0.64 (20% below fair value)
  • GF Score™: 56/100 with 7 warning signs

No single metric tells the full story. See the FRA:4FF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Railway Construction Business Description

Other Exchanges 01186:Hong Kong601186:China
Address East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segments: Engineering contracting business, Planning, design and consultancy, Manufacturing operation, Real estate development operation, Materials and logistics and other businesses. The firm's revenue gets dominated by the Engineering contracting business segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.
56GF Score

Get the complete analysis for FRA:4FF

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.64
Price
€0.80
GF Value