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

SHA:688425 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	10,027	9,993	9,975	10,057	9,447	7,564
Other Revenue	53.33	53.33	52.75	44.86	70.68	46.64
Revenue	10,080	10,046	10,027	10,102	9,517	7,611
Revenue Growth (YoY)	8.78%	0.18%	-0.73%	6.14%	25.05%	4.52%
Cost of Revenue	7,033	6,989	6,890	6,662	6,440	5,007
Gross Profit	3,047	3,057	3,137	3,440	3,078	2,604
Selling, General & Admin	634.61	655.59	714.59	721.08	691.63	624.67
Research & Development	903.75	913.51	881.09	928.42	677.54	552.95
Other Operating Expenses	104.84	88.33	76.95	93.83	-114.68	67.41
Operating Expenses	1,693	1,679	1,747	1,779	1,275	1,266
Operating Income	1,354	1,378	1,390	1,661	1,803	1,338
Interest Expense	-46.82	-59.7	-74.41	-63.54	-88.51	-51.84
Interest & Investment Income	215.75	208.13	263.53	256.19	226.91	354.25
Currency Exchange Gain (Loss)	-1.08	-1.08	3.53	20.02	-9.26	-15.76
Other Non Operating Income (Expenses)	7.83	-15.07	-4.64	-5.41	-2.65	-16.13
EBT Excluding Unusual Items	1,530	1,510	1,578	1,868	1,929	1,609
Gain (Loss) on Sale of Assets	0.97	0.97	-0.32	-	-	-1.04
Asset Writedown	-	-	-	-0.09	-0.09	-
Other Unusual Items	146.84	146.84	183.85	151.52	2.66	155.24
Pretax Income	1,680	1,660	1,762	2,020	1,932	1,771
Income Tax Expense	158.91	151.6	168.18	175.76	196.03	202.63
Earnings From Continuing Operations	1,521	1,508	1,594	1,844	1,736	1,568
Minority Interest in Earnings	-0.2	-0.27	-0.38	-0.08	-0.22	-0.67
Net Income	1,520	1,508	1,593	1,844	1,735	1,567
Net Income to Common	1,520	1,508	1,593	1,844	1,735	1,567
Net Income Growth	17.75%	-5.37%	-13.59%	6.26%	10.74%	2.44%
Shares Outstanding (Basic)	5,430	5,385	5,312	5,269	4,578	3,822
Shares Outstanding (Diluted)	5,430	5,385	5,312	5,269	4,578	3,822
Shares Change (YoY)	4.51%	1.39%	0.81%	15.08%	19.78%	-0.05%
EPS (Basic)	0.28	0.28	0.30	0.35	0.38	0.41
EPS (Diluted)	0.28	0.28	0.30	0.35	0.38	0.41
EPS Growth	12.67%	-6.67%	-14.29%	-7.66%	-7.55%	2.50%
Free Cash Flow	1,900	1,771	-926.48	177.75	-1,960	-659.32
Free Cash Flow Per Share	0.35	0.33	-0.17	0.03	-0.43	-0.17
Dividend Per Share	0.085	0.085	0.090	0.104	0.098	-
Dividend Growth	-5.56%	-5.56%	-13.46%	6.12%	-	-
Gross Margin	30.23%	30.43%	31.29%	34.05%	32.34%	34.22%
Operating Margin	13.44%	13.72%	13.86%	16.45%	18.94%	17.58%
Profit Margin	15.08%	15.01%	15.89%	18.26%	18.23%	20.59%
Free Cash Flow Margin	18.85%	17.63%	-9.24%	1.76%	-20.60%	-8.66%
EBITDA	2,208	2,259	2,189	2,351	2,381	1,689
EBITDA Margin	21.91%	22.48%	21.83%	23.28%	25.02%	22.20%
D&A For EBITDA	854.05	880.55	799.33	690.11	578.69	351.18
EBIT	1,354	1,378	1,390	1,661	1,803	1,338
EBIT Margin	13.44%	13.72%	13.86%	16.45%	18.94%	17.58%
Effective Tax Rate	9.46%	9.13%	9.54%	8.70%	10.15%	11.45%
Revenue as Reported	10,080	10,046	10,027	10,102	9,517	7,611

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.