CRRC revenue and financials
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In the fiscal year ended December 2025, CRRC reported revenue of ¥273.06B (+10.79% year over year). Net income was ¥13.18B, a net margin of 4.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.79%
- 2025 vs 2024
- Net income growth
- +6.40%
- 2025 vs 2024
- Net margin
- 4.8%
- 2024: 5.0%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | 273,063 | 246,474 | 234,262 | 222,939 |
| Cost of revenue | 214,684 | 193,775 | 186,137 | 175,626 |
| Gross profit | 58,379 | 52,699 | 48,125 | 47,313 |
| Selling, general and administrative | 6,874 | 7,025 | 10,026 | 8,903 |
| Research and development | 17,641 | 15,937 | 14,364 | 13,130 |
| Operating income | 19,574 | 17,231 | 15,596 | 13,215 |
| EBIT | 20,412 | 18,630 | 17,561 | 17,267 |
| EBITDA | 29,257 | 26,826 | 25,239 | 25,091 |
| Interest expense | 1,093 | 1,197 | 1,188 | 1,148 |
| Pre-tax income | 19,319 | 17,433 | 16,373 | 16,120 |
| Income tax | 2,423 | 1,768 | 1,803 | 1,767 |
| Net income | 13,181 | 12,388 | 11,712 | 11,653 |
| Net income to common shareholders | 13,181 | 12,388 | 11,712 | 11,653 |
| Basic EPS | 0.46 | 0.43 | 0.41 | 0.41 |
| Diluted EPS | 0.46 | 0.43 | 0.41 | 0.41 |
| Average shares (basic) | 28,654 | 28,809 | 28,565 | 28,423 |
| Average shares (diluted) | 28,654 | 28,809 | 28,565 | 28,423 |