CRRC Corp Ltd Financial Update
CRRC Corporation Limited, a leading manufacturing company based in Beijing, China, has recently released its financial results for the first half of 2025. The company, which specializes in producing rolling stock products such as locomotives, passenger carriages, and freight wagons, reported a significant increase in both revenue and net profit.
Financial Highlights
Revenue and Profit Growth: CRRC Corp Ltd achieved an impressive revenue of 1,197.58 billion yuan for the first half of 2025, marking a 32.99% increase from the previous year. The net profit attributable to shareholders reached 72.46 billion yuan, a substantial rise of 72.48%. After adjusting for non-recurring items, the net profit was 66.61 billion yuan, up 98.25% year-over-year.
Record-Breaking Performance: This performance is the most robust in over a decade since the merger of the northern and southern railway companies. Both revenue and net profit have hit historical highs, with growth rates surpassing those of the past 11 years.
Dividend Announcement: In line with its consistent dividend policy, CRRC Corp Ltd announced a mid-year dividend of 1.1 yuan per 10 shares, totaling 31.57 billion yuan. This follows a full-year dividend of 2.1 yuan per 10 shares in 2024, amounting to 60.27 billion yuan. Over the past 17 years, CRRC has distributed a total of 604.42 billion yuan in dividends, with the inclusion of the current mid-year payout bringing the total to 635.99 billion yuan.
New Orders: The company secured approximately 1,460 billion yuan in new orders during the first half of 2025, with about 309 billion yuan from international contracts. This robust order book underscores CRRC’s strong market position and growth prospects.
Market Reaction
Following the release of the financial results, CRRC Corp Ltd’s stock has seen a positive response. Since the announcement of the first-quarter earnings guidance, the company’s A-share price has risen by 23.66% from its lowest point on April 7, 2025.
Industry Context
CRRC’s performance stands out in an industry where revenue and profit figures typically exhibit minimal fluctuations. Over the past decade, CRRC’s revenue has consistently ranged between 2,100 billion and 2,500 billion yuan, with net profit variations generally within 10%. The current year’s performance, however, has been notably strong, with first-quarter revenue and net profit increasing by 51.23% and 202.79%, respectively.
Conclusion
CRRC Corp Ltd’s exceptional financial performance in the first half of 2025 highlights its robust growth trajectory and strong market demand for its products. The company’s strategic focus on expanding its order book and maintaining a consistent dividend policy continues to attract investor interest, positioning it well for future growth.