CRCC High-Tech Equipment (HK:1786)
:1786
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CRCC High-Tech Equipment
(1786)
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Rating:62Neutral
Price Target:
HK$0.93
▲(4.83% Upside)
Action:ReiteratedDate:04/01/26
The score is driven primarily by stable financials and low leverage, offset by meaningful cash-flow volatility (notably the 2025 deterioration). Technical signals are broadly neutral-to-soft, while valuation is a supportive factor due to the low P/E and solid dividend yield.
Positive Factors
Conservative balance sheet
Low leverage and sizable equity provide enduring financial resilience versus cyclical infrastructure spending. A conservatively funded balance sheet supports the company's ability to bid on capital‑intensive projects, absorb contract timing shifts, and retain access to financing without stressing liquidity over a multi‑month horizon.
Negative Factors
Cash‑flow volatility
Large swings in operating and free cash flow point to working‑capital sensitivity and project timing risks. An ~82.6% FCF decline in 2025 reduces financial flexibility for capex, servicing unexpected overruns, or bolstering reserves, increasing operational strain if project schedules or payments slip.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low leverage and sizable equity provide enduring financial resilience versus cyclical infrastructure spending. A conservatively funded balance sheet supports the company's ability to bid on capital‑intensive projects, absorb contract timing shifts, and retain access to financing without stressing liquidity over a multi‑month horizon.
Read all positive factors
CRCC High-Tech Equipment (1786) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.26B
Dividend Yield3.48%
Average Volume (3M)370.16K
Price to Earnings (P/E)8.8
Beta (1Y)0.64
Revenue Growth10.26%
EPS Growth12.24%
CountryHK
Employees1,912
SectorIndustrials
Sector Strength72
IndustryRailroads
Share Statistics
EPS (TTM)0.06
Shares Outstanding531,900,000
10 Day Avg. Volume300,634
30 Day Avg. Volume370,161
Financial Highlights & Ratios
PEG Ratio1.37
Price to Book (P/B)0.20
Price to Sales (P/S)0.37
P/FCF Ratio29.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CRCC High-Tech Equipment Business Overview & Revenue Model
Company Description
CRCC High-Tech Equipment Corporation Limited engages in the research, development, manufacture, and sale of large railway track maintenance machinery in Mainland China and internationally. Its railway track maintenance machines include tamping mac...
How the Company Makes Money
CRCC High-Tech Equipment primarily makes money by selling specialized engineering and construction equipment and by providing associated services to infrastructure project owners and contractors, particularly within the railway and broader civil-e...
CRCC High-Tech Equipment Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
78
Positive
Cash Flow
45
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.34B | 3.12B | 3.10B | 2.82B | 2.19B |
| Gross Profit | 508.69M | 589.70M | 400.14M | 663.25M | 545.00M |
| EBITDA | 244.64M | 227.96M | 285.37M | 219.66M | 157.41M |
| Net Income | 140.17M | 128.21M | 145.04M | 115.64M | 50.38M |
Balance Sheet | |||||
| Total Assets | 9.36B | 9.15B | 9.06B | 8.58B | 8.27B |
| Cash, Cash Equivalents and Short-Term Investments | 1.76B | 1.75B | 1.46B | 1.16B | 1.18B |
| Total Debt | 666.98M | 16.09M | 20.00M | 21.91M | 1.03B |
| Total Liabilities | 3.15B | 3.08B | 3.18B | 2.66B | 2.39B |
| Stockholders Equity | 6.18B | 6.04B | 5.86B | 5.90B | 5.88B |
Cash Flow | |||||
| Free Cash Flow | 41.23M | 256.35M | 58.34M | -31.71M | -543.95M |
| Operating Cash Flow | 54.18M | 283.18M | 86.57M | 22.44M | -407.91M |
| Investing Cash Flow | 350.97M | -568.99M | 244.81M | -49.07M | -118.99M |
| Financing Cash Flow | -41.55M | -26.43M | -37.85M | -240.62K | 0.00 |
CRCC High-Tech Equipment Technical Analysis
Negative
0.89
Price Trends
0.89
Negative
0.90
Negative
0.93
Negative
Market Momentum
>-0.01
Positive
38.68
Neutral
23.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1786, the sentiment is Negative. The current price of 0.89 is above the 20-day moving average (MA) of 0.87, above the 50-day MA of 0.89, and below the 200-day MA of 0.93, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.68 is Neutral, neither overbought nor oversold. The STOCH value of 23.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1786.
CRCC High-Tech Equipment Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$22.83B | 9.75 | 5.09% | 3.48% | ― | ― | |
66 Neutral | HK$215.50B | 13.19 | 6.97% | 4.35% | -7.58% | -6.97% | |
65 Neutral | HK$69.76B | 11.29 | 9.85% | 4.07% | 16.42% | 14.43% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | HK$1.26B | 8.77 | 2.34% | 3.48% | 10.26% | 12.24% | |
59 Neutral | HK$60.00B | 4.48 | 7.81% | 5.51% | 6.51% | 5.82% | |
51 Neutral | HK$2.20B | 26.62 | 7.07% | 0.87% | 7.50% | 3.82% |
* Industrials Sector Average
HK:1786
CRCC High-Tech Equipment
0.81
0.10
14.08%
HK:3969
China Railway Signal & Communication
3.61
0.66
22.29%
HK:0525
Guangshen Railway Company
2.36
0.68
40.48%
HK:0066
MTR
34.04
8.97
35.80%
HK:3898
Zhuzhou CRRC Times Electric Co
34.86
5.50
18.75%
HK:2169
Canggang Railway Limited
0.57
-0.75
-56.82%
CRCC High-Tech Equipment Corporate Events
CRCC High-Tech Equipment Posts Steady 2025 Profit Growth on Higher Revenue
Mar 27, 2026
CRCC High-Tech Equipment reported steady growth for the year ended 31 December 2025, with revenue rising to RMB 3.44 billion from RMB 3.12 billion and gross profit edging up to RMB 599.5 million. Net profit attributable to shareholders increased t...
CRCC High-Tech Equipment Proposes Final 2025 Dividend and Sets Withholding Tax Terms
Mar 27, 2026
CRCC High-Tech Equipment Corporation Limited has proposed a final ordinary dividend of RMB 0.029 per share for the financial year ended 31 December 2025, with payment scheduled for 21 August 2026, subject to shareholder approval. The company also ...
CRCC High-Tech Equipment Sets Board Meeting to Approve 2025 Results and Consider Final Dividend
Mar 3, 2026
CRCC High-Tech Equipment Corporation Limited has announced that its board of directors will convene a meeting on 27 March 2026 to review and approve the consolidated financial results for the year ended 31 December 2025. The agenda will also inclu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.