Zhuzhou CRRC Times Electric Co Ltd

Chart & Performance

D1W1MN

P/E

11.97

P/S

1.79

EPS

2.51

Div Yield, %

2.59%

Shrs. gr., 5y

3.71%

Rev. gr., 5y

8.71%

Revenues

24.75b

+13.54%

Net income

3.70b

+19.22%

CFO

3.36b

+20.82%

Dividend

Jul 02, 20240.855 HKD/sh

Earnings

Aug 21, 2025

Profile

Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the research, development, design, manufacture, and sale of railway transportation equipment products, and provision of relevant services primarily in Mainland China and internationally. The company's products include traction converter systems of rail transit vehicles, railway engineering machinery, and communication signal systems. It also produces propulsion and control systems for trains and electric vehicles, signaling systems, power supply solutions, platform screen doors, rail maintenance vehicles, marine engineering equipment, and component products for various applications. The company's products for rolling stock and railways include EMU, locomotive, and mass transit systems; and components products consist of semiconductors, resistors, reactors, radiators, sensors, power capacitors, and heatsinks. Its energy and industrial products comprise marine engineering, electric vehicle, and inverter and converter systems, as well as provides railway maintenance and construction machines. The company was formerly known as Zhuzhou CSR Times Electric Co., Ltd. and changed its name to Zhuzhou CRRC Times Electric Co., Ltd. in March 2016. The company was incorporated in 2005 and is based in Wanchai, Hong Kong. Zhuzhou CRRC Times Electric Co., Ltd. is a subsidiary of CRRC Zhuzhou Institute Co., Ltd.

URL

http://www.tec.crrczic.cc

IPO date

Dec 20, 2006

Employees

7,870

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	24,751,212 13.54%	21,798,941 20.88%	18,033,779 19.26%
Cost of revenue	21,233,090	16,995,341	14,308,231
Unusual Expense (Income)
NOPBT	3,518,122	4,803,600	3,725,548
NOPBT Margin	14.21%	22.04%	20.66%
Operating Taxes	367,838	209,497	349,576
Tax Rate	10.46%	4.36%	9.38%
NOPAT	3,150,284	4,594,103	3,375,972
Net income	3,702,586 19.22%	3,105,704 21.51%	2,555,823 26.67%
Dividends	(1,127,271)	(841,695)	(665,530)
Dividend yield	2.43%	2.67%	1.21%
Proceeds from repurchase of equity	(354,679)
BB yield	0.77%
Debt
Debt current	5,955,629	564,122	3,136,572
Long-term debt	528,651	1,104,567	401,775
Deferred revenue	420,037		857,082
Other long-term liabilities	615,281	1,389,164	429,845
Net debt	(6,975,270)	(16,472,655)	(7,883,637)
Cash flow
Cash from operating activities	3,361,121	2,781,886	2,041,235
CAPEX	(3,450,534)	(2,980,519)	(953,444)
Cash from investing activities	(3,199,607)	(2,276,767)	(2,262,987)
Cash from financing activities	456,248	(589,057)	(591,383)
FCF	(6,892,040)	5,696,693	8,878,147
Balance
Cash	17,836,996	13,830,164	14,589,963
Long term investments	(4,377,445)	4,311,180	(3,167,980)
Excess cash	12,221,990	17,051,397	10,520,295
Stockholders' equity	28,745,176	27,200,215	22,041,336
Invested Capital	39,781,349	23,447,422	29,037,054
ROIC	9.96%	17.51%	11.95%
ROCE	6.76%	11.85%	9.41%
EV
Common stock shares outstanding	1,411,932	1,416,237	1,419,902
Price	32.80 47.09%	22.30 -42.45%	38.75 -14.17%
Market cap	46,311,354 46.64%	31,582,083 -42.60%	55,021,198 -1.55%
EV	42,570,741	15,960,003	48,085,551
EBITDA	4,739,815	5,792,591	4,532,538
EV/EBITDA	8.98	2.76	10.61
Interest	39,388	47,187	20,964
Interest/NOPBT	1.12%	0.98%	0.56%