Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.66B | 1.64B | 1.64B | 1.75B | 1.55B | Gross Profit |
619.69M | 591.01M | 586.30M | 647.53M | 615.26M | EBIT |
201.88M | 185.22M | 229.73M | 246.09M | 163.93M | EBITDA |
252.96M | 279.23M | 254.41M | 261.76M | 405.98M | Net Income Common Stockholders |
167.60M | 174.31M | 179.25M | 187.53M | 168.41M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
761.20M | 697.13M | 667.37M | 848.04M | 1.16B | Total Assets |
4.83B | 4.51B | 4.40B | 4.42B | 4.30B | Total Debt |
423.30M | 370.33M | 423.79M | 407.04M | 593.89M | Net Debt |
-337.90M | -326.80M | -243.58M | -441.00M | -350.60M | Total Liabilities |
1.89B | 1.63B | 1.75B | 1.64B | 1.74B | Stockholders Equity |
2.78B | 2.71B | 2.57B | 2.66B | 2.45B |
Cash Flow | Free Cash Flow | |||
0.00 | -36.01M | -194.76M | 50.03M | 277.17M | Operating Cash Flow |
0.00 | 8.69M | -155.18M | 79.81M | 321.58M | Investing Cash Flow |
0.00 | -42.05M | -20.34M | 125.15M | -148.31M | Financing Cash Flow |
0.00 | -73.22M | -44.73M | -317.12M | -71.44M |
BII Railway Transportation Technology Holdings Co., Ltd. announced a further delay in the dispatch of a circular related to a Cooperation Agreement concerning its civil communication business. The circular, which includes details of the agreement and recommendations from the Independent Board Committee, was initially expected by April 30, 2025, but has been postponed to on or before May 30, 2025, due to the need for additional time to finalize its contents.
BII Railway Transportation Technology Holdings Co., Ltd. announced a further delay in the dispatch of a circular related to its Procurement Services Framework Agreement. Initially expected by April 30, 2025, the circular will now be dispatched by May 30, 2025, as more time is needed to finalize the information. This delay may impact the company’s timeline for executing the agreement and could affect shareholder expectations.
BII Railway Transportation Technology Holdings Co., Ltd. announced a change in its board composition, effective April 22, 2025. Mr. Li Wei resigned as an independent non-executive director to focus on other commitments, and Ms. Ng Wing Yan Claudia has been appointed to replace him. Ms. Ng brings extensive experience in corporate governance and strategic planning, which may enhance the company’s operational and strategic capabilities.
BII Railway Transportation Technology Holdings Co., Ltd. has announced the composition of its board of directors and the roles within its various committees. This announcement is significant for stakeholders as it outlines the leadership structure and governance, which are crucial for the company’s strategic direction and operational effectiveness.
BII Railway Transportation Technology Holdings Co., Ltd. announced significant business developments for the first quarter of 2025, with newly contracted and bid-winning projects totaling approximately RMB846 million. The company secured major projects, including the AFC procurement for Beijing Railway Line 22 and equipment procurement for Dongguan City Urban Railway Line No. 1. These projects highlight the company’s market expansion and technological prowess, particularly in digitalization and intelligent service systems, enhancing operational efficiency and passenger experience.
BII Railway Transportation Technology Holdings Co., Ltd. announced an amendment regarding the determination of entitlement to its proposed final dividend for the year ended 31 December 2024. The register of members will be closed from 25 June 2025 to 27 June 2025 to facilitate this process, and shareholders must ensure their shares are registered by 24 June 2025 to qualify for the dividend. This clarification does not affect other information in the annual results announcement.
BII Railway Transportation Technology Holdings Co., Ltd. has announced a further delay in the dispatch of a circular related to a Cooperation Agreement concerning its civil communication business. The circular, which includes recommendations and notices for an Extraordinary General Meeting, was initially expected by March 31, 2025, but has been postponed to April 30, 2025, due to the need for additional time to finalize its contents. This delay may impact the company’s timeline for executing the agreement and could affect stakeholder expectations.
BII Railway Transportation Technology Holdings Co., Ltd. has announced the disposal of its 49% equity interest in Metro Technology, a joint venture, through a public tender process. The successful bidder, Beijing Subway, will acquire the stake for RMB68,332,215, leading to BII Railway and its subsidiaries no longer holding any equity in Metro Technology. This transaction, classified as a discloseable transaction under the Listing Rules, reflects the company’s strategic decision to divest its interest in Metro Technology, potentially impacting its financial structure and market focus.
BII Railway Transportation Technology Holdings Co., Ltd. announced its annual financial results for the year ending December 31, 2024, reporting a slight increase in revenue to HK$1,656,773,000 compared to the previous year. Despite a decrease in net profit to HK$179,507,000, the company maintained a stable financial performance, reflecting its resilience in the railway technology sector.
BII Railway Transportation Technology Holdings Co., Ltd. has announced a final cash dividend of HKD 0.024 per share for the financial year ending December 31, 2024. The dividend reflects the company’s financial performance and commitment to returning value to shareholders, with the payment scheduled for September 19, 2025. This announcement may positively impact the company’s market positioning by demonstrating financial stability and rewarding investors.
BII Railway Transportation Technology Holdings Co., Ltd. has scheduled a board meeting on March 27, 2025, to discuss and approve the company’s final results for the fiscal year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend, which could impact the company’s financial strategy and shareholder returns.
BII Railway Transportation Technology Holdings Co., Ltd. has announced a further delay in the dispatch of a circular related to a Cooperation Agreement concerning its civil communication business. The circular, which includes recommendations and notices for an Extraordinary General Meeting, is now expected to be dispatched by March 31, 2025, as more time is needed to finalize the information.
BII Railway Transportation Technology Holdings Co., Ltd. has entered into a Procurement Services Framework Agreement with BII, which involves transactions with proposed annual caps of RMB130 million, RMB140 million, and RMB150 million for the years 2025, 2026, and 2027, respectively. This agreement, subject to independent shareholder approval, is classified as a continuing connected transaction under Hong Kong’s Listing Rules, necessitating the formation of an Independent Board Committee and the appointment of Gram Capital Limited as the Independent Financial Adviser.
BII Railway Transportation Technology Holdings Co., Ltd. announced its intention to dispose of 49% equity interests in Metro Technology through a public tender on the CBEX, in compliance with PRC regulations for state-owned assets. The potential transaction, which has not yet materialized, aims to align with regulatory requirements and could impact the company’s operational strategy and market positioning if completed. Stakeholders are advised to exercise caution as the finalization of the deal remains uncertain.
BII Railway Transportation Technology Holdings Co., Ltd. announced a further delay in the dispatch of a circular related to its Cooperation Agreement regarding its civil communication business. This postponement, now expected to be resolved by 28 February 2025, indicates ongoing adjustments in the company’s operations, potentially affecting shareholder communication and decision-making timelines.