CRRC Corporation Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Operating Revenue	240,135	230,587	219,416	221,102	223,876	225,438	Upgrade
Other Revenue	3,674	3,674	3,523	4,630	3,780	3,573	Upgrade
Revenue	243,809	234,262	222,939	225,732	227,656	229,011	Upgrade
Revenue Growth (YoY)	5.81%	5.08%	-1.24%	-0.85%	-0.59%	4.53%	Upgrade
Cost of Revenue	188,706	182,483	175,871	179,781	177,239	177,125	Upgrade
Gross Profit	55,103	51,779	47,067	45,951	50,417	51,886	Upgrade
Selling, General & Admin	23,745	23,229	21,204	20,838	22,552	23,072	Upgrade
Research & Development	16,088	14,364	13,130	13,085	13,350	12,017	Upgrade
Other Operating Expenses	-1,973	-942.66	-158.16	1,506	1,545	1,682	Upgrade
Operating Expenses	39,140	37,801	34,711	35,215	37,211	38,275	Upgrade
Operating Income	15,963	13,978	12,357	10,736	13,206	13,611	Upgrade
Interest Expense	-1,239	-1,102	-1,069	-1,121	-919.64	-1,021	Upgrade
Interest & Investment Income	2,561	2,454	1,293	1,065	1,489	2,877	Upgrade
Currency Exchange Gain (Loss)	244.62	244.62	496.87	-94.21	-603.89	114.56	Upgrade
Other Non Operating Income (Expenses)	-186	-265.41	79.08	-211.95	-674.02	-2,143	Upgrade
EBT Excluding Unusual Items	17,343	15,308	13,156	10,374	12,498	13,439	Upgrade
Impairment of Goodwill	-	-	-	-49.88	-154.72	-260.74	Upgrade
Gain (Loss) on Sale of Investments	319.23	359.28	386.42	42.13	75.52	233.74	Upgrade
Gain (Loss) on Sale of Assets	194.38	408.46	2,551	1,016	1,193	1,753	Upgrade
Asset Writedown	-124.23	-84.5	-30.12	-63.94	-498.78	-452.34	Upgrade
Other Unusual Items	381.5	381.5	56.47	2,437	2,878	1,896	Upgrade
Pretax Income	18,114	16,373	16,120	13,755	15,991	16,608	Upgrade
Income Tax Expense	2,095	1,803	1,767	1,337	2,168	2,785	Upgrade
Earnings From Continuing Operations	16,020	14,570	14,352	12,418	13,823	13,824	Upgrade
Minority Interest in Earnings	-3,215	-2,858	-2,699	-2,115	-2,492	-2,029	Upgrade
Net Income	12,805	11,712	11,653	10,303	11,331	11,795	Upgrade
Net Income to Common	12,805	11,712	11,653	10,303	11,331	11,795	Upgrade
Net Income Growth	8.72%	0.50%	13.11%	-9.08%	-3.93%	4.33%	Upgrade
Shares Outstanding (Basic)	28,464	28,699	28,699	28,699	28,699	28,699	Upgrade
Shares Outstanding (Diluted)	28,464	28,699	28,699	28,752	29,015	29,028	Upgrade
Shares Change (YoY)	-2.33%	-	-0.19%	-0.90%	-0.05%	-0.61%	Upgrade
EPS (Basic)	0.45	0.41	0.41	0.36	0.39	0.41	Upgrade
EPS (Diluted)	0.45	0.41	0.41	0.36	0.39	0.40	Upgrade
EPS Growth	11.32%	0.50%	13.49%	-7.51%	-3.79%	3.52%	Upgrade
Free Cash Flow	17,211	6,618	16,536	14,686	-9,808	14,466	Upgrade
Free Cash Flow Per Share	0.60	0.23	0.58	0.51	-0.34	0.50	Upgrade
Dividend Per Share	0.200	0.200	0.200	0.180	0.180	0.150	Upgrade
Dividend Growth	0%	0%	11.11%	0%	20.00%	0%	Upgrade
Gross Margin	22.60%	22.10%	21.11%	20.36%	22.15%	22.66%	Upgrade
Operating Margin	6.55%	5.97%	5.54%	4.76%	5.80%	5.94%	Upgrade
Profit Margin	5.25%	5.00%	5.23%	4.56%	4.98%	5.15%	Upgrade
Free Cash Flow Margin	7.06%	2.82%	7.42%	6.51%	-4.31%	6.32%	Upgrade
EBITDA	21,590	20,322	19,656	17,961	20,203	20,499	Upgrade
EBITDA Margin	8.86%	8.67%	8.82%	7.96%	8.87%	8.95%	Upgrade
D&A For EBITDA	5,628	6,344	7,300	7,225	6,998	6,888	Upgrade
EBIT	15,963	13,978	12,357	10,736	13,206	13,611	Upgrade
EBIT Margin	6.55%	5.97%	5.54%	4.76%	5.80%	5.94%	Upgrade
Effective Tax Rate	11.56%	11.01%	10.96%	9.72%	13.56%	16.77%	Upgrade
Revenue as Reported	9,547	-	-	-	-	-	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.