Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
Hong Kong · Delayed Price · Currency is HKD 33.60
+1.08 (3.32%)
Aug 21, 2026, 4:08 PM HKT
HKG:3898 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 29,438 | 28,586 | 24,751 | 21,805 | 17,804 | 14,824 |
Other Revenue | 121.57 | 116.64 | 157.73 | 157.45 | 230.02 | 297.14 |
| 29,559 | 28,703 | 24,909 | 21,962 | 18,034 | 15,121 | |
Revenue Growth | 10.43% | 15.23% | 13.42% | 21.78% | 19.26% | -5.69% |
Cost of Revenue | 19,618 | 19,153 | 16,836 | 15,729 | 12,061 | 10,124 |
Gross Profit | 9,941 | 9,550 | 8,073 | 6,233 | 5,973 | 4,997 |
Selling, General & Admin | 1,913 | 1,814 | 1,758 | 1,557 | 1,988 | 1,863 |
Research & Development | 3,148 | 3,011 | 2,657 | 2,062 | 1,762 | 1,690 |
Other Operating Expenses | 46.27 | -60.9 | -170.34 | -147.46 | -31.69 | -347.1 |
Operating Expenses | 5,361 | 5,091 | 4,587 | 3,731 | 3,783 | 3,106 |
Operating Income | 4,580 | 4,459 | 3,485 | 2,502 | 2,191 | 1,891 |
Interest Expense | -33.74 | -26.24 | -39.39 | -47.35 | -20.96 | -21.07 |
Interest & Investment Income | 276.37 | 305.3 | 313.37 | 317.46 | 204.12 | 129.11 |
Currency Exchange Gain (Loss) | -66.08 | 22.51 | -84.1 | 48.31 | 11.06 | 5.41 |
Other Non Operating Income (Expenses) | -19.55 | -23.62 | -20.23 | -39.23 | -6.03 | -9 |
EBT Excluding Unusual Items | 4,737 | 4,737 | 3,655 | 2,781 | 2,379 | 1,996 |
Impairment of Goodwill | - | - | - | - | - | -49.88 |
Gain (Loss) on Sale of Investments | 2.19 | 0.45 | 43.85 | 74.6 | 124.03 | 71.13 |
Gain (Loss) on Sale of Assets | -2.88 | -1.08 | 22.95 | 2.78 | 4.08 | -2.07 |
Asset Writedown | -145.91 | -109.16 | -33.67 | -0.01 | - | -0 |
Other Unusual Items | 250.41 | 246.51 | 628.69 | 436.06 | 434.6 | 105.65 |
Pretax Income | 4,840 | 4,874 | 4,317 | 3,295 | 2,942 | 2,123 |
Income Tax Expense | 548.09 | 564.58 | 367.84 | 209.5 | 349.58 | 88.48 |
Earnings From Continuing Operations | 4,292 | 4,309 | 3,949 | 3,085 | 2,592 | 2,035 |
Minority Interest in Earnings | -155.06 | -212.52 | -246.17 | -44.39 | -36.15 | -16.91 |
Net Income | 4,137 | 4,097 | 3,703 | 3,041 | 2,556 | 2,018 |
Net Income to Common | 4,137 | 4,097 | 3,703 | 3,041 | 2,556 | 2,018 |
Net Income Growth | 6.25% | 10.64% | 21.77% | 18.97% | 26.67% | -18.49% |
Shares Outstanding (Basic) | 1,362 | 1,370 | 1,412 | 1,416 | 1,416 | 1,238 |
Shares Outstanding (Diluted) | 1,362 | 1,370 | 1,412 | 1,416 | 1,416 | 1,238 |
Shares Change | -2.46% | -2.97% | -0.30% | - | 14.41% | 5.51% |
EPS (Basic) | 3.04 | 2.99 | 2.62 | 2.15 | 1.80 | 1.63 |
EPS (Diluted) | 3.03 | 2.99 | 2.62 | 2.15 | 1.80 | 1.63 |
EPS Growth | 8.96% | 14.12% | 22.03% | 19.28% | 10.43% | -22.75% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 90.25 | -45.05 | -89.41 | -215.07 | 1,088 | 1,176 |
Free Cash Flow Per Share | 0.07 | -0.03 | -0.06 | -0.15 | 0.77 | 0.95 |
Dividend Per Share | 1.140 | 1.120 | 1.000 | 0.780 | 0.550 | 0.900 |
Dividend Growth | -20.83% | 12.00% | 28.21% | 41.82% | -38.89% | - |
Gross Margin | 33.63% | 33.27% | 32.41% | 28.38% | 33.12% | 33.05% |
Operating Margin | 15.49% | 15.53% | 13.99% | 11.39% | 12.15% | 12.51% |
Profit Margin | 14.00% | 14.27% | 14.86% | 13.84% | 14.17% | 13.34% |
Free Cash Flow Margin | 0.30% | -0.16% | -0.36% | -0.98% | 6.03% | 7.78% |
EBITDA | 6,169 | 5,818 | 4,556 | 3,346 | 2,887 | 2,403 |
EBITDA Margin | 20.87% | 20.27% | 18.29% | 15.24% | 16.01% | 15.89% |
D&A For EBITDA | 1,590 | 1,359 | 1,071 | 844.18 | 696.23 | 512.01 |
EBIT | 4,580 | 4,459 | 3,485 | 2,502 | 2,191 | 1,891 |
EBIT Margin | 15.49% | 15.53% | 13.99% | 11.39% | 12.15% | 12.51% |
Effective Tax Rate | 11.32% | 11.58% | 8.52% | 6.36% | 11.88% | 4.17% |
Revenue as Reported | 29,559 | 28,703 | 24,909 | 21,962 | 18,034 | 15,121 |
Advertising Expenses | - | 9.31 | 15.42 | 12.18 | 5.2 | 4.24 |