Qingdao Victall Railway Co., Ltd. (SHA:605001)

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 2017	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	Dec 31, 2017	Dec 31, 2016
EMU Rolling Stock Supporting Products	855.68M	679.07M	468.66M	209.23M	153.85M
EMU Rolling Stock Supporting Products Growth	26.01%	44.90%	123.99%	36.00%	-77.69%
Supporting Products for Urban Rail and Subway Vehicles	479.07M	305.03M	328.78M	300.14M	278.11M
Supporting Products for Urban Rail and Subway Vehicles Growth	57.06%	-7.22%	9.54%	7.92%	13.95%
Maintenance Services	122.69M	226.75M	152.69M	111.94M	55.02M
Maintenance Services Growth	-45.89%	48.50%	36.41%	103.46%	-65.51%
High-Speed Train and Urban Rail Transit Design and Testing Services	5.23M	13.44M	20.06M	6.63M	7.15M
High-Speed Train and Urban Rail Transit Design and Testing Services Growth	-61.12%	-33.00%	202.47%	-7.25%	-39.32%
Sales of Train Operation Control Products	119.16M	99.24M	134.23M	129.30M	91.94M
Sales of Train Operation Control Products Growth	20.07%	-26.07%	3.81%	40.63%	167.41%
Oxygen-Enriched Health Cabin Business	62.06M	57.83M	50.71M	19.34M	-
Oxygen-Enriched Health Cabin Business Growth	7.31%	14.06%	162.21%	-	-
New Energy Vehicle Supporting Products	115.89M	120.55M	-	-	-
New Energy Vehicle Supporting Products Growth	-3.86%	-	-	-	-
Others	3.14M	4.26M	8.73M	6.45M	15.12M
Others Growth	-26.32%	-51.18%	35.42%	-57.36%	78.94%
Unallocated Others	21.08M	21.67M	15.74M	1.48M	1.20M
Unallocated Others Growth	-2.70%	37.64%	960.28%	24.20%	-
Unallocated Lease Income	-	-	-	12.34M	12.55M
Unallocated Lease Income Growth	-	-	-	-1.68%	-
Total	1.78B	1.53B	1.18B	796.86M	614.94M
Total Growth	16.77%	29.52%	48.03%	29.58%	-47.12%

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 2017	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	Dec 31, 2017	Dec 31, 2016
China	1.35B	1.25B	886.67M	519.91M	327.97M
China Growth	7.74%	41.34%	70.54%	58.52%	-64.19%
Overseas	412.67M	252.91M	277.18M	263.12M	273.22M
Overseas Growth	63.17%	-8.76%	5.34%	-3.69%	17.92%
Total	1.76B	1.51B	1.16B	783.03M	601.19M
Total Growth	17.05%	29.41%	48.64%	30.25%	-47.62%

Source: S&P Global Market Intelligence.