CRRC Corporation Limited (SHA:601766)

CRRC Corporation Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	260,083	243,595	230,587	219,416	221,102	223,876
Other Revenue	2,862	2,862	3,674	3,523	4,630	3,780
Revenue	262,945	246,457	234,262	222,939	225,732	227,656
Revenue Growth (YoY)	12.34%	5.21%	5.08%	-1.24%	-0.84%	-0.59%
Cost of Revenue	206,912	194,319	186,518	175,871	179,781	177,239
Gross Profit	56,033	52,138	47,744	47,067	45,951	50,417
Selling, General & Admin	21,655	21,184	19,194	21,204	20,838	22,552
Research & Development	16,598	15,937	14,364	13,130	13,085	13,350
Other Operating Expenses	-1,499	-1,583	-942.66	-158.16	1,506	1,545
Operating Expenses	37,865	36,554	33,766	34,711	35,215	37,211
Operating Income	18,168	15,583	13,978	12,357	10,736	13,206
Interest Expense	-1,122	-1,122	-1,102	-1,069	-1,121	-919.64
Interest & Investment Income	2,269	2,279	2,454	1,293	1,065	1,489
Currency Exchange Gain (Loss)	-195.3	-195.3	244.62	496.87	-94.21	-603.89
Other Non Operating Income (Expenses)	-125.54	-92.91	67.73	79.08	-211.95	-674.02
EBT Excluding Unusual Items	18,993	16,452	15,641	13,156	10,374	12,498
Impairment of Goodwill	-	-	-	-	-49.88	-154.72
Gain (Loss) on Sale of Investments	310.47	359.31	359.28	386.42	42.13	75.52
Gain (Loss) on Sale of Assets	200.43	206.35	408.46	2,551	1,016	1,193
Asset Writedown	-135.81	-106.66	-84.5	-30.12	-63.94	-498.78
Other Unusual Items	521.44	521.44	48.37	56.47	2,437	2,878
Pretax Income	19,890	17,432	16,373	16,120	13,755	15,991
Income Tax Expense	2,093	1,768	1,803	1,767	1,337	2,168
Earnings From Continuing Operations	17,796	15,664	14,570	14,352	12,418	13,823
Minority Interest in Earnings	-3,364	-3,276	-2,858	-2,699	-2,115	-2,492
Net Income	14,432	12,388	11,712	11,653	10,303	11,331
Net Income to Common	14,432	12,388	11,712	11,653	10,303	11,331
Net Income Growth	19.23%	5.77%	0.50%	13.11%	-9.08%	-3.93%
Shares Outstanding (Basic)	29,336	28,699	28,699	28,699	28,699	28,699
Shares Outstanding (Diluted)	29,336	28,699	28,699	28,699	28,752	29,015
Shares Change (YoY)	7.42%	-	-	-0.19%	-0.90%	-0.05%
EPS (Basic)	0.49	0.43	0.41	0.41	0.36	0.39
EPS (Diluted)	0.49	0.43	0.41	0.41	0.36	0.39
EPS Growth	10.63%	5.37%	0.50%	13.49%	-7.51%	-3.79%
Free Cash Flow	-2,837	16,943	6,618	16,536	14,686	-9,808
Free Cash Flow Per Share	-0.10	0.59	0.23	0.58	0.51	-0.34
Dividend Per Share	0.210	0.210	0.200	0.200	0.180	0.180
Dividend Growth	5.00%	5.00%	-	11.11%	-	20.00%
Gross Margin	21.31%	21.15%	20.38%	21.11%	20.36%	22.15%
Operating Margin	6.91%	6.32%	5.97%	5.54%	4.76%	5.80%
Profit Margin	5.49%	5.03%	5.00%	5.23%	4.56%	4.98%
Free Cash Flow Margin	-1.08%	6.88%	2.83%	7.42%	6.51%	-4.31%
EBITDA	24,607	22,148	21,045	19,656	17,961	20,203
EBITDA Margin	9.36%	8.99%	8.98%	8.82%	7.96%	8.87%
D&A For EBITDA	6,439	6,565	7,067	7,300	7,225	6,998
EBIT	18,168	15,583	13,978	12,357	10,736	13,206
EBIT Margin	6.91%	6.32%	5.97%	5.54%	4.76%	5.80%
Effective Tax Rate	10.53%	10.14%	11.01%	10.96%	9.72%	13.56%
Revenue as Reported	16,488	-	-	-	-	-

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.