CRRC revenue and financials

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Close · September 30, 2026

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%.

Annual revenue · 2025: ¥273.06B
  1. ¥222.94B2022
  2. ¥234.26B2023
  3. ¥246.47B2024
  4. ¥273.06B2025

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.

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q2 2025Q1 2025
Capital expenditure-1,558-1,475-3,831-2,353-1,162
Investing cash flow-4,9528,039-152-2,879-8,093
Financing cash flow-1,381-954-16,8668,870176
Dividends paid-293-235-3,307-209-234
Debt issued2,3576,74613,09913,7261,994
Debt repaid-2,415-6,727-25,663-5,164-1,226
Effect of exchange rates-136-2344.819792.2
Net change in cash-13,388-1,99918,6962,027-12,986
Free cash flow-8,613-10,56031,882-6,316-6,231