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.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Total revenue77,86453,81989,198—71,08748,672
Cost of revenue61,36041,00269,984—56,36437,272
Gross profit16,50412,81619,214—14,72311,400
Selling, general and administrative-1,7984,349-7,143—-1,7084,250
Research and development4,4533,3176,822—3,6783,101
Operating income6,9475,1974,825—6,4794,307
EBIT6,8895,1975,6633,5156,927—
EBITDA6,8895,1975,6633,5156,927—
Pre-tax income6,6054,8624,579—6,2644,431
Income tax975819264—998779
Net income4,6123,3783,217—4,1933,053
Net income to common shareholders4,6123,3783,217—4,1933,053
Basic EPS—0.12———0.11
Diluted EPS—0.12———0.11
Average shares (basic)—28,153———27,755
Average shares (diluted)—28,153———27,755