CRRC Corporation Limited

CRRC Corporation Limited

1766.HK
CRRC Corporation LimitedHK flagHong Kong Stock Exchange
5.37
HKD
+0.01
- -
190.85BMarket Cap
CRRC Corporation Limited
1766.HK
(Hong Kong Stock Exchange)

Recent

price

5.37

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.41
6.89
6.77
7.16
8.41
8.8
8.34
7.43
7.56
7.96
7.84
7.89
7.84
8.2
8.56
9.53
9.95
Revenue per Share
0.21
0.33
0.3
0.3
0.41
0.43
0.41
0.38
0.39
0.41
0.39
0.36
0.41
0.41
0.43
0.46
0.56
Basic EPS, GAAP
-0.18
0.06
-0.11
0.06
0.7
0.21
0.39
0.26
0.34
0.5
-0.34
0.51
0.58
0.23
0.59
0.52
-0.36
Free Cash Flow per Basic Share
0.06
0.12
0.26
0.13
0.2
0.18
0.19
0.26
0.2
0.18
0.18
0.21
0.22
0.24
0.24
0.35
0.24
Dividend per Share
1.35
1.66
1.7
1.82
1.69
2.39
2.62
2.76
2.93
3.19
3.39
3.58
3.8
3.97
4.14
4.28
4.34
Book Value per Share
1.62
1.98
2.57
2.98
3.24
3.43
3.81
4.33
4.55
4.94
5.24
5.76
6.12
6.26
6.67
6.91
7
Tangible Book Value per Share
12,030
11,710
13,365
13,883
26,379
27,485
27,537
28,398
28,987
28,768
29,054
28,618
28,423
28,565
28,809
28,654
27,755
Basic Weighted Avg Shares
65,133
80,711
90,456
99,376
221,977
241,913
229,722
211,013
219,083
229,011
227,656
225,732
222,939
234,262
246,474
273,063
276,176
Sales/Revenue/Turnover
5.36
6.61
5.84
5.3
7.59
7.15
7.31
7.31
7.11
7.52
6.76
5.57
5.93
6.66
6.99
7.17
7.89
Operating Margin (%)
1,285
1,538
1,783
2,014
5,239
6,171
6,454
6,429
6,529
7,157
7,437
7,728
7,824
7,678
8,197
8,845
- -
Depreciation Expense
2,526
3,864
4,009
4,165
10,815
11,818
11,290
10,791
11,305
11,795
11,331
10,303
11,653
11,712
12,388
13,181
15,432
Net Income, GAAP
11.36
12.84
13.24
14.49
14.76
17.31
17.88
15.52
15.28
16.77
13.56
9.72
10.96
11.01
10.14
12.54
11.34
Effective Tax Rate (%)
3.88
4.79
4.43
4.19
4.87
4.89
4.91
5.11
5.16
5.15
4.98
4.56
5.23
5
5.03
4.83
5.59
Profit Margin (%)
7,463
4,422
10,723
16,127
27,314
36,087
36,369
52,209
39,637
51,051
52,234
64,326
63,051
64,180
67,638
55,428
65,628
Working Capital
4,204
2,325
727
3,569
12,216
14,316
14,471
13,585
4,910
8,085
7,995
11,180
7,247
8,530
7,786
9,922
8,716
LT Debt
23,869
28,088
39,510
46,783
102,177
113,575
123,816
142,284
149,685
158,828
169,142
182,292
190,986
196,523
210,246
216,078
211,931
Total Equity
10.18
10.96
9.15
8.35
15.36
10.64
8.99
7.27
7.25
8.16
7.18
5.6
5.47
6.42
6.99
7.42
8.65
Return on Invested Capital (%)
7.69
9.96
8.92
8.73
15.55
11.16
7.93
6.87
7.83
7.98
6.76
5.82
5.87
5.81
5.82
5.65
6.61
Return on Capital (%)
16.49
21.64
19.04
17.36
30.98
21.47
16.4
14.35
13.87
13.36
11.91
10.26
11.07
10.58
10.65
10.9
13.29
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
11,996
13,008
13,026
LT Borrowings
5,649
5,816
6,309
LT Finance Leases
2,137
2,187
2,407
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28,699
28,699
28,699
Market Capitalization
118,653
125,293
120,056

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
346,314
356,337
371,356
Cash, Cash Equivalents & STI
75,735
64,727
62,586
Accounts Receivable, Net
110,847
110,136
123,225
Inventories
78,951
95,802
96,791
Total Current Liabilities
278,676
290,661
305,728
Payables & Accruals
- -
- -
- -
ST Debt
11,996
13,008
13,026
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.69%
5.04%
2.77%
Free Cash Flow
-19.36%
-30.89%
-12.26%
Net Income, GAAP
1.3%
3.34%
6.4%
Sales/Revenue/Turnover
1.36%
3.8%
10.79%
Total Cash Common Dividend
9.15%
14.92%
49.55%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32,183
57,857
62,544
93,874
246,474
2025
48,672
71,087
89,198
- -
273,063
2026
53,819
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.43
2025
0.11
- -
- -
- -
0.46
2026
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.24
2025
0.01
- -
- -
- -
0.35
2026
0.01
- -
- -
- -
- -
Business
CRRC Corporation Limited (1766.HK) manufactures and sells rail transit equipment, including locomotives, passenger coaches, freight wagons, rapid transit series vehicles, engineering machinery, and key components such as motors, electric transmission equipment, and bogies. The company offers comprehensive services encompassing research and development, design, refurbishment, leasing, technical servicing, maintenance, and supply chain management for rolling stock and related products; it also provides urban rail transit vehicles like EMUs, DMUs, trams, light rail vehicles, and metro cars; engineering machinery including construction equipment; electromechanical products such as wind turbines, new energy buses, polymer composites, and environmental protection equipment; and additional offerings in information consultation, industry investment, asset management, import/export, software development, logistics, and financial leasing. CRRC operates in rail transportation, urban transit, and clean energy sectors, serving mainline railways, high-speed networks, suburban and regional transport, and smart city infrastructure worldwide across 116 countries and six continents, with primary markets in Mainland China and expanding international presence in North America, Europe, and emerging regions. Founded in 2007 as CSR Corporation Limited and renamed following the 2015 merger of CSR and CNR into the current entity under parent CRRC Group Co., Ltd., the company maintains headquarters at No. 16 Central West Fourth Ring Road, Haidian District, Beijing, China, with approximately 152,000 to 183,000 employees across numerous subsidiaries. Recent developments include securing procurement deals worth US$200 million with 18 overseas suppliers from Germany, Spain, Switzerland, and Japan at the 8th China International Import Expo in November 2025, involving subsidiaries and partners such as Siemens, Hitachi Energy, ABB, and Schneider Electric; advancing research and development of intelligent intercity trains, metro trains, and new energy commercial vehicles; awarding a $1.3 billion order for Chicago metro cars by the Chicago Transit Authority; and completing the acquisition by CRRC Changchun of a 100% stake in an equipment technology company held by Erqi Locomotive in October 2025.