1. China Stocks

  2. •

    Transportation

  3. •

    Railroads
Canggang Railway Limited

Canggang Railway Limited

HHKEX:2169
0.54
HKD
0.00
(0.00%)
3.16BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.09
0.1
0.09
0.11
0.09
0.08
0.09
0.07
0.07
- -
Basic EPS, GAAP
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.02
- -
Free Cash Flow per Basic Share
- -
- -
0.02
0.04
0.02
0.01
- -
0.01
-0.01
- -
Dividend per Share
0.02
- -
- -
- -
0.01
0.01
0.01
0.01
0.01
- -
Book Value per Share
0.17
0.19
0.12
0.19
0.19
0.19
0.19
0.19
0.21
0.21
Tangible Book Value per Share
0.17
0.19
0.12
0.19
0.19
0.19
0.19
0.19
0.21
0.21
Basic Weighted Avg Shares
4,000
4,000
4,000
3,191
4,000
3,983
3,871
3,848
3,848
3,893
Sales/Revenue/Turnover
354
387
377
361
356
333
349
259
278
- -
Operating Margin (%)
38.05
33.24
31.07
32.83
34.33
29.38
31.04
27.53
27.79
- -
Depreciation Expense
26
29
35
37
37
38
38
36
34
- -
Net Income, GAAP
80
82
70
64
77
68
59
56
58
- -
Effective Tax Rate (%)
25.31
25.43
26.26
28.06
25.78
25.47
30.84
28.15
23.72
- -
Profit Margin (%)
22.7
21.12
18.62
17.61
21.74
20.42
16.9
21.81
20.81
- -
Working Capital
93
32
-212
130
26
88
82
127
18
18
LT Debt
272
258
270
337
213
273
291
365
316
316
Total Equity
713
800
520
770
804
789
775
807
841
841
Return on Invested Capital (%)
- -
8.47
7.57
7.23
7.84
7.08
5.98
5.84
5.84
- -
Return on Capital (%)
- -
8.52
7.72
7.07
7.85
7.13
6.09
6.09
5.92
- -
Return on Common Equity (%)
- -
11.19
11.12
10.33
10.22
8.88
7.84
7.4
7.27
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
157
218
217
LT Borrowings
365
343
316
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,000
4,000
3,848
Market Capitalization
7,292
6,133
2,835

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
330
337
298
Cash, Cash Equivalents & STI
156
85
108
Accounts Receivable, Net
58
69
72
Inventories
47
90
73
Total Current Liabilities
203
264
280
Payables & Accruals
- -
- -
- -
ST Debt
157
218
217
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.84%
4.24%
Free Cash Flow
- -
-479.68%
-201.89%
Net Income, GAAP
- -
-1.11%
2.52%
Sales/Revenue/Turnover
- -
-4.31%
7.43%
Total Cash Common Dividend
- -
- -
5.23%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
349
2024
- -
- -
259
2025
- -
- -
278

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.02
2024
- -
- -
0.01
2025
- -
- -
0.02

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.01
2025
- -
- -
0.01

Company Description

Company Profile APIChatGPT
CEO
Wei Ming Yi
Full Time Employees
627
Sector
Transportation
Industry
Railroads
Address
Yangzhuang Station Cangzhou HE China
IPO Date
Oct 23, 2020
Website
czcgtl.com
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Business
Canggang Railway Limited (2169.HK), an exempted company incorporated in the Cayman Islands in 2018 and headquartered at Yangzhuang Station, Yangerzhuang Town, Huanghua, Cangzhou, Hebei Province, China, operates as a local railway freight transportation provider in the People's Republic of China; its core offerings encompass rail freight services primarily transporting coal, petroleum products, ore, PVC, asphalt, gravel and other bulk commodities along the Canggang Railway Line connecting Cangzhou to Port Huanghua in the Bohai New Area; ancillary services include freight loading and unloading, road freight transportation between railway stations, customer premises and port piers, construction, maintenance and repair of special service lines and railway facilities, freight agency, car arrival services, antifreeze treatment, coal scattering prevention and coal filtering; the company also engages in coal trading and advisory services. The railway line integrates with major networks such as the Shuo-Huang, Han-Huang and Beijing-Shanghai lines, serving industrial customers including power plants, steel producers and metallurgical factories in northern China with a focus on eastbound coal delivery and expanding westbound ore transportation. In recent developments, the company received approval in January 2024 from the Hebei Provincial Development and Reform Commission for a new branch line to the Comprehensive Industrial Park in Bohai New Area, with construction commencing by end-2024 to enhance capacity for coal, oil and asphalt transport; it continues upgrading Canggang Railway Line infrastructure including tracks, roadbeds, culverts, locomotives, communications, signal automation and monitoring systems using IPO proceeds; governance changes in June 2025 appointed Ms. Wong Pui Kiu Ingrid as joint company secretary and authorized representative alongside Ms. Lyu Qinghua to the nomination committee, while ancillary services achieved profitability in H1 2025 amid a 3.6% cargo volume dip to 6.7 million tonnes, reflecting coal market recovery and cost efficiencies.