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CRCC High-Tech Equipment Corporation Limited Class H

CRCC High-Tech Equipment Corporation Limited Class H

HHKEX:1786
0.64
HKD
+0.01
(+0.79%)
1.37BMarket Cap
Apr 01Next Earn
CRCC High-Tech Equipment Corporation Limited Class H
HKEX:1786
(Hong Kong Exchange)

Recent

price

0.64

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.29
3.93
2.42
1.2
1.59
1.39
1.03
1.44
1.86
2.04
2.05
2.26
- -
Revenue per Share
0.23
0.45
0.31
0.04
0.1
0.08
0.01
0.03
0.08
0.1
0.08
0.09
- -
Basic EPS, GAAP
-0.19
-0.53
-0.26
0.45
0.16
0.07
-0.05
-0.36
-0.02
0.04
0.17
- -
- -
Free Cash Flow per Basic Share
0.05
0.36
0.04
0.16
0.01
0.05
0.04
- -
0.01
0.02
0.03
0.03
- -
Dividend per Share
1.87
3.38
3.64
3.54
3.62
3.6
3.59
3.87
3.88
3.86
3.97
4.06
4.06
Book Value per Share
1.68
3.09
3.29
3.2
3.28
3.54
3.28
3.58
3.64
3.63
3.76
3.85
3.85
Tangible Book Value per Share
1,520
1,011
1,520
1,520
1,520
1,520
1,520
1,520
1,520
1,520
1,520
1,520
1,520
Basic Weighted Avg Shares
3,477
3,973
3,676
1,818
2,411
2,109
1,558
2,186
2,822
3,100
3,120
3,437
- -
Sales/Revenue/Turnover
11.52
12.69
13.84
4.04
5.83
6.62
1.32
3.64
3.4
-8.13
2.71
3.94
- -
Operating Margin (%)
77
84
88
77
69
78
66
117
124
148
131
- -
- -
Depreciation Expense
355
456
465
55
156
122
22
50
116
145
128
144
- -
Net Income, GAAP
12.88
13.38
15.7
14.5
9.3
14.35
- -
- -
6.46
- -
8.3
4.5
- -
Effective Tax Rate (%)
10.21
11.48
12.65
3.03
6.49
5.79
1.42
2.3
4.1
4.68
4.11
4.19
- -
Profit Margin (%)
1,139
3,522
3,829
3,400
3,599
3,608
3,557
3,567
3,339
3,641
3,850
4,035
4,035
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
17
16
14
11
11
LT Debt
2,889
5,142
5,533
5,378
5,495
5,469
5,452
5,882
5,919
5,876
6,074
6,209
6,209
Total Equity
- -
11.4
7.85
0.91
1.84
1.22
- -
- -
2.09
- -
2.11
2.3
- -
Return on Invested Capital (%)
- -
11.52
8.63
1.56
2.88
2.23
- -
- -
1.8
- -
2.14
2.36
- -
Return on Capital (%)
- -
11.43
8.71
1.01
2.88
2.23
0.41
0.89
1.96
2.47
2.15
2.36
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
2
399
2
LT Borrowings
- -
- -
- -
LT Finance Leases
14
14
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,520
1,520
1,520
Market Capitalization
1,071
1,151
1,229

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
6,892
6,913
7,143
Cash, Cash Equivalents & STI
1,747
1,470
1,756
Accounts Receivable, Net
1,729
2,070
2,012
Inventories
2,878
2,911
2,868
Total Current Liabilities
3,043
2,980
3,107
Payables & Accruals
- -
- -
- -
ST Debt
2
399
2
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.96%
2.68%
2.22%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
27.69%
56.59%
12.24%
Sales/Revenue/Turnover
2.6%
18.01%
10.17%
Total Cash Common Dividend
- -
- -
-6.74%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3,100
2024
- -
- -
3,120
2025
- -
- -
3,437

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.1
2024
- -
- -
0.08
2025
- -
- -
0.09

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.02
2024
- -
- -
0.03
2025
- -
- -
0.03
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Business
CRCC High-Tech Equipment Corporation Limited is a China-based company primarily engaged in the research, development, manufacturing, and sales of large railway track maintenance machinery. Its core product portfolio includes railway track maintenance machines such as tamping machines, ballast cleaning machines, stabilization machines, ballast regulators, materials logistics machines, rail processing machines, and small maintenance machines. Additionally, the company manufactures catenary inspection and maintenance machines, catenary installation machines, and a wide range of parts and components including bogies, electrical control systems, working devices, wheelsets, transmissions, pumps, valves, motors, and drive shafts. It also provides overhaul services, including repair, upgrading, and remanufacturing, as well as railway line maintenance services for newly built and existing railway lines. The company offers engineering and technical services related to track vehicles. Founded in 1954 and headquartered in Kunming, China, CRCC High-Tech Equipment operates primarily in Mainland China and internationally and is a subsidiary of China Railway Construction Corporation Limited. In recent years, the company has expanded its capabilities through acquisitions and strategic business moves. Notably, in December 2024, it acquired 100% equity of Hunan CRRC Commercial Vehicle Power Technology Co., Ltd., broadening its scope within the railway equipment sector. In 2024, CRCC High-Tech Equipment advanced its technological innovation system by developing a "1+9+N" sci-tech innovation framework, promoting large-scale equipment upgrades and enhancing supply chain management. The company has steadily progressed projects in emerging infrastructure hubs such as Xiong’an New Area and international markets including Mexico and Guinea. The corporation also focuses on integrating new energy and semiconductor technologies within its operations. It has sustained advancements in industry-leading core technologies, maintaining a competitive position in mechanized railway maintenance. The company completed relocation and production start at new facilities, including the CRRC Electric Drive zero carbon industrial park. Throughout 2024 and 2025, CRCC High-Tech Equipment continued to secure major bids for railway maintenance projects and made key management appointments to support its growth trajectory. The company serves the industrial machinery segment within the railway infrastructure market, targeting railway operators and construction entities requiring maintenance machinery and related services. Its comprehensive product range and strategic development efforts position it as a key player in railway track maintenance both in China and internationally. This description integrates the detailed main products and services lineup with the latest major strategic and operational changes up to December 2025.