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Zhuzhou CRRC Times Electric Co Ltd

688187 · SHG · Industrials / Railroads

45.46CNY-0.30 (-0.66%)

Price History

Full chart

Market Stats

Previous Close45.76
Open45.95
Day Range45.41 – 46.35
52-Week Range43.58 – 68.32
Volume2.52M
Market Cap59.35B
P/E (TTM)14.72
Forward P/E25.64
EPS3.03
Dividend Yield4.75%
Beta0.12
50-Day Avg46.98
200-Day Avg52.64

About

Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the provision of propulsion and control systems in Mainland China and internationally. It provides traction converter systems, power supply systems, informationization and intelligent system products, test equipment, urban rail vehicle door systems, electrical system of passenger car, technological equipment of urban rail transit, braking system of urban rail transit, communication and signaling systems, and electromechanical system integration. The company also offers rail maintenance and engineering products, such as heavy-duty motor trolleys, OCS operating vehicles, engineering vehicle for urban rail transit, large track maintenance machinery, line maintenance services, electrical system of rail engineering machinery, and infrastructure inspection and monitoring systems. In addition, it provides new energy, including wind power inverter, PV inverter, storage systems, and hydrogen power supply; and industrial and component products comprising industrial electrified products, electric drive system of new energy vehicles, marine engineering equipment, power semiconductor devices, and sensors. The company was formerly known as Zhuzhou CSR Times Electric Co., Ltd. and changed its name to Zhuzhou CRRC Times Electric Co., Ltd. in March 2016. Zhuzhou CRRC Times Electric Co., Ltd. was incorporated in 2005 and is headquartered in Zhuzhou, China.

Company Details

  • SectorIndustrials
  • IndustryRailroads
  • CEOMr. Donglin Li
  • Employees10.72K
  • HeadquartersNo. 169 times Road, Zhuzhou, China, 412001, China
  • Websitehttps://www.tec.crrczic.cc

Leadership

  • Mr. Donglin LiExecutive Chairman of the Board · b. 1967
  • Mr. Shaolong XuGM & Executive Director · b. 1984
  • Mr. Jing ShangExecutive Vice Chairman of the Board · b. 1977
  • Ms. Shan SunHead of Accounting Department, Vice GM & CFO · b. 1978
  • Mr. Yongneng TanChief Administrative Officer · b. 1970
  • Ms. Furong LongJoint Company Secretary, Secretary to the Board, General Legal Counsel & Chief Compliance Officer · b. 1980
  • Mr. Yunqing HuVice General Manager & Chief Engineer · b. 1984
  • Mr. Weiwei GanDeputy GM & Head of the Rail Transit Technology Centre of Times Electric · b. 1984
  • Mr. Chai DuoDeputy General Manager · b. 1984
  • Mr. Zhengjun HeDeputy General Manager · b. 1986

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue16.30B16.03B15.12B18.03B21.96B24.91B28.70B
Growth (%)--1.66%-5.69%+19.26%+21.78%+13.42%+15.23%
Cost of Revenue9.97B10.07B10.02B12.14B16.72B18.04B20.33B
Gross Profit6.34B5.97B5.10B5.89B5.24B6.87B8.37B
Gross Margin38.88%37.22%33.74%32.69%23.87%27.59%29.18%
Operating Expense3.28B3.09B3.13B3.29B2.70B3.36B3.80B
Operating Income3.06B2.88B1.97B2.60B2.54B3.51B4.58B
Operating Margin18.77%17.94%13.04%14.43%11.57%14.11%15.94%
EBITDA3.47B3.43B2.74B3.77B3.34B4.36B4.90B
EBITDA Margin21.29%21.37%18.10%20.90%15.22%17.49%17.07%
Net Income2.66B2.48B2.02B2.56B3.04B3.70B4.10B
Net Income Margin16.31%15.44%13.34%14.17%13.85%14.86%14.27%
R&D1.61B1.69B1.69B1.76B2.06B2.66B3.01B
R&D as % of Total Revenue9.85%10.52%11.18%9.77%9.39%10.67%10.49%
Interest Expense25.54M16.02M21.07M20.96M47.35M39.39M26.24M
Interest Expense % of Total Revenue0.16%0.10%0.14%0.12%0.22%0.16%0.09%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets32.99B33.87B44.15B48.51B53.40B64.80B72.08B
Total Liabilities10.79B9.61B10.86B13.21B15.69B20.04B26.16B
Total Equity21.91B23.85B32.62B34.53B36.87B41.53B42.49B
Cash4.30B5.13B8.22B7.50B7.90B10.65B6.71B
Net Debt------2.09B

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.02B1.75B2.15B2.04B1.44B3.36B-
Investing Cash Flow-1.48B-629.72M-6.01B----
Financing Cash Flow-684.63M-545.24M6.97B----
Capital Expenditure750.51M1.86B974.00M953.44M1.97B3.45B4.01B
Free Cash Flow1.09B-107.81M1.18B1.09B-528.63M-89.41M-45.05M
Dividends Paid550.37M534.67M660.00M665.53M799.95M1.13B2.03B
FCF to OCF53.96%-6.17%54.70%53.29%-36.79%-2.66%-
Dividend Paid to FCF50.61%-495.93%56.11%61.18%-151.33%-1260.74%-4505.99%

Earnings

Report DateOct 30, 2021Feb 25, 2022Apr 26, 2022Aug 26, 2022Oct 16, 2022Feb 27, 2023Apr 28, 2023Aug 22, 2023Oct 26, 2023Feb 23, 2024Apr 25, 2024Aug 23, 2024Oct 30, 2024Feb 27, 2025Apr 29, 2025Aug 22, 2025Sep 30, 2025Feb 6, 2026Apr 27, 2026Aug 19, 2026
EPS Estimate----0.430.780.270.450.610.840.340.660.770.740.320.570.741.080.490.81
EPS Actual0.360.580.240.370.370.700.230.420.640.740.320.670.700.770.430.720.750.940.430.77
Surprise-----13.95%-10.26%-14.81%-6.67%4.92%-11.90%-5.88%1.52%-9.09%4.05%34.38%26.32%1.73%-12.96%-12.24%-4.94%
TimingAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap59.35B
Enterprise Value50.65B
Trailing P/E14.72
Forward P/E25.64
Price / Sales2.01
Price / Book1.44
EPS3.03
Book Value31.87
Revenue (TTM)29.56B
Gross Profit (TTM)9.94B
EBITDA6.17B
Profit Margin14.00%
Operating Margin15.75%
Return on Equity9.55%
Return on Assets4.09%
Shares Outstanding868.91M
Shares Float626.61M
Beta0.12
Dividend Yield4.75%
Dividend Rate2.12
Payout Ratio38.72%

Dividends

20262×
0.46Oct 16, 20260.68Aug 7, 2026
20252×
0.44Oct 20, 20251.00Aug 8, 2025
20241×
0.78Aug 8, 2024
20231×
0.55Aug 8, 2023
20221×
0.45Jul 22, 2022
20211×
0.45Dec 17, 2021