China Railway Construction Heavy Industry Corporation Limited (SHA:688425)

SHA:688425 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	10,045	9,993	9,975	10,057	9,447
Other Revenue	-	53.33	52.75	44.86	70.68
Revenue	10,045	10,046	10,027	10,102	9,517
Revenue Growth (YoY)	-0.01%	0.18%	-0.73%	6.14%	25.05%
Cost of Revenue	8,379	6,989	6,890	6,662	6,440
Gross Profit	1,667	3,057	3,137	3,440	3,078
Selling, General & Admin	-	655.59	714.59	721.08	691.63
Research & Development	-	913.51	881.09	928.42	677.54
Other Operating Expenses	-	88.33	76.95	93.83	-114.68
Operating Expenses	-	1,679	1,747	1,779	1,275
Operating Income	1,667	1,378	1,390	1,661	1,803
Interest Expense	-	-59.7	-74.41	-63.54	-88.51
Interest & Investment Income	-	208.13	263.53	256.19	226.91
Currency Exchange Gain (Loss)	-	-1.08	3.53	20.02	-9.26
Other Non Operating Income (Expenses)	0.36	-15.07	-4.64	-5.41	-2.65
EBT Excluding Unusual Items	1,667	1,510	1,578	1,868	1,929
Gain (Loss) on Sale of Assets	-	0.97	-0.32	-	-
Asset Writedown	-	-	-	-0.09	-0.09
Other Unusual Items	-	146.84	183.85	151.52	2.66
Pretax Income	1,667	1,660	1,762	2,020	1,932
Income Tax Expense	184.03	151.6	168.18	175.76	196.03
Earnings From Continuing Operations	1,483	1,508	1,594	1,844	1,736
Minority Interest in Earnings	-	-0.27	-0.38	-0.08	-0.22
Net Income	1,483	1,508	1,593	1,844	1,735
Net Income to Common	1,483	1,508	1,593	1,844	1,735
Net Income Growth	-1.65%	-5.37%	-13.59%	6.26%	10.74%
Shares Outstanding (Basic)	5,297	5,385	5,312	5,269	4,578
Shares Outstanding (Diluted)	5,297	5,385	5,312	5,269	4,578
Shares Change (YoY)	-1.65%	1.39%	0.81%	15.08%	19.78%
EPS (Basic)	0.28	0.28	0.30	0.35	0.38
EPS (Diluted)	0.28	0.28	0.30	0.35	0.38
EPS Growth	-	-6.67%	-14.29%	-7.66%	-7.55%
Free Cash Flow	-	1,771	-926.48	177.75	-1,960
Free Cash Flow Per Share	-	0.33	-0.17	0.03	-0.43
Dividend Per Share	-	0.085	0.090	0.104	0.098
Dividend Growth	-	-5.56%	-13.46%	6.12%	-
Gross Margin	16.59%	30.43%	31.29%	34.05%	32.34%
Operating Margin	16.59%	13.72%	13.86%	16.45%	18.94%
Profit Margin	14.76%	15.01%	15.89%	18.26%	18.23%
Free Cash Flow Margin	-	17.63%	-9.24%	1.76%	-20.60%
EBITDA	2,547	2,259	2,189	2,351	2,381
EBITDA Margin	25.36%	22.48%	21.83%	23.28%	25.02%
D&A For EBITDA	880.55	880.55	799.33	690.11	578.69
EBIT	1,667	1,378	1,390	1,661	1,803
EBIT Margin	16.59%	13.72%	13.86%	16.45%	18.94%
Effective Tax Rate	11.04%	9.13%	9.54%	8.70%	10.15%
Revenue as Reported	-	10,046	10,027	10,102	9,517

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.