China Railway Group Limited (SHA:601390)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Jan 1, 2018	Dec 31, 2016
Infrastructure Construction	950.09B	1.02T	1.13T	1.02T	953.04B
Infrastructure Construction Growth	-6.90%	-9.93%	11.12%	7.00%	8.76%
Design Consultation	18.21B	18.52B	19.27B	19.80B	18.61B
Design Consultation Growth	-1.70%	-3.87%	-2.66%	6.39%	7.42%
Equipment Manufacturing	34.02B	35.90B	35.98B	38.86B	33.18B
Equipment Manufacturing Growth	-5.24%	-0.22%	-7.42%	17.14%	11.36%
Real Estate Development	45.32B	48.87B	51.56B	54.08B	51.30B
Real Estate Development Growth	-7.26%	-5.22%	-4.66%	5.42%	3.09%
Other Businesses	95.66B	102.21B	109.85B	111.55B	101.94B
Other Businesses Growth	-6.41%	-6.95%	-1.52%	9.42%	37.39%
Intersegment Offset	-49.80B	-65.72B	-86.26B	-89.66B	-84.79B
Total	1.09T	1.16T	1.26T	1.15T	1.07T
Total Growth	-5.76%	-8.17%	9.45%	7.56%	10.11%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Jan 1, 2018	Dec 31, 2016
Mainland China	1.02T	1.09T	1.20T	1.10T	1.02T
Mainland China Growth	-6.61%	-9.12%	9.61%	7.60%	9.79%
overseas	74.02B	68.64B	62.26B	58.44B	54.79B
overseas Growth	7.83%	10.26%	6.54%	6.66%	16.36%
Total	1.09T	1.16T	1.26T	1.15T	1.07T
Total Growth	-5.76%	-8.17%	9.45%	7.56%	10.11%

Source: S&P Global Market Intelligence.