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 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 24,186 | 27,057 | 14,722 | 23,953 | — |
| Depreciation and amortization | 8,845 | 8,197 | 7,678 | 7,824 | — |
| Capital expenditure | -9,383 | -10,185 | -8,104 | -7,417 | — |
| Investing cash flow | -14,865 | -17,018 | -11,177 | -8,781 | — |
| Financing cash flow | -12,737 | -9,435 | -5,367 | -11,212 | — |
| Dividends paid | -10,150 | -6,787 | -6,834 | -6,275 | — |
| Debt issued | 39,313 | 20,444 | 51,970 | 52,747 | — |
| Debt repaid | -40,337 | -24,445 | -47,505 | -55,652 | — |
| Effect of exchange rates | 249 | -158 | 282 | 369 | — |
| Net change in cash | -3,416 | 603 | -1,822 | 3,960 | — |
| Free cash flow | 14,803 | 16,872 | 6,618 | 16,536 | — |