Zhuzhou CRRC Times Electric Co (3898) AI Stock Analysis

• Market Cap: HK$67.46B
• Dividend Yield: 4.07%
• Average Volume (3M): 3.04M
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.95
• Revenue Growth: 14.48%
• EPS Growth: 12.74%
• Country: HK
• Employees: 10,010
• Sector: Industrials
• Sector Strength: 72
• Industry: Railroads
• EPS (TTM): 1.14
• Shares Outstanding: 489,040,900
• 10 Day Avg. Volume: 3,669,973
• 30 Day Avg. Volume: 3,041,145
• PEG Ratio: 1.01
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 1.66
• P/FCF Ratio: 166.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$41.57
• Price Target Upside: -3.29% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 3.37
• Revenue Forecast (FY): HK$31.96B

• Rating: 66 Neutral
• Price Target: HK$40.00 ▼(-6.93% Downside)
• Action: Downgraded Date: 03/29/26
• Date: Action: Downgraded 03/29/26

The score is driven primarily by solid financial fundamentals (strong growth history, resilient profitability, and a generally conservative balance sheet), partly offset by inconsistent free cash flow. Technical indicators are a key negative, with the stock trading below major moving averages and negative MACD. Valuation is supportive due to a moderate P/E and a high dividend yield.

Positive Factors

Multi-year Revenue Growth

Sustained revenue growth over multiple years demonstrates durable demand for the company's rail electrical systems and growing market share in rolling-stock supply. Long procurement cycles and project-based orders make these gains structurally relevant and support medium-term revenue visibility and backlog-driven planning.

Negative Factors

Inconsistent Free Cash Flow

Volatile free cash flow weakens cash-conversion despite positive operating cash flow growth. Negative FCF in 2023–24 and only modest recovery in 2025 suggest heavier reinvestment or working-capital swings, limiting liquidity for buybacks, dividends, or opportunistic capex over the medium term.

Zhuzhou CRRC Times Electric Co Business Overview & Revenue Model

Company Description

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...

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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...

How the Company Makes Money

The company primarily makes money by selling mission-critical electrical systems and components used by rolling-stock manufacturers and rail operators, and by providing lifecycle services tied to those products. Key revenue streams typically inclu...

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The company primarily makes money by selling mission-critical electrical systems and components used by rolling-stock manufacturers and rail operators, and by providing lifecycle services tied to those products. Key revenue streams typically inclu...

Zhuzhou CRRC Times Electric Co Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	27.85B	24.91B	21.80B	18.03B	14.82B
Gross Profit	8.76B	8.07B	5.09B	5.97B	5.00B
EBITDA	5.60B	5.58B	4.34B	3.77B	2.40B
Net Income	4.00B	3.70B	3.04B	2.56B	2.02B
Balance Sheet
Total Assets	72.44B	64.80B	53.40B	48.51B	44.15B
Cash, Cash Equivalents and Short-Term Investments	8.88B	17.84B	13.83B	14.59B	15.85B
Total Debt	9.24B	6.21B	5.34B	3.34B	2.23B
Total Liabilities	25.94B	20.04B	15.69B	13.21B	10.86B
Stockholders Equity	42.51B	41.53B	37.00B	34.53B	32.62B
Cash Flow
Free Cash Flow	278.38M	-89.41M	-198.63M	1.09B	1.18B
Operating Cash Flow	4.18B	3.36B	2.78B	2.04B	2.15B
Investing Cash Flow	-6.63B	-3.20B	-2.28B	-2.26B	-6.01B
Financing Cash Flow	-731.06M	456.25M	-589.06M	-591.38M	6.97B

Zhuzhou CRRC Times Electric Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 42.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3898, the sentiment is Negative. The current price of 42.98 is above the 20-day moving average (MA) of 38.27, above the 50-day MA of 40.95, and above the 200-day MA of 38.21, indicating a bearish trend. The MACD of -1.28 indicates Positive momentum. The RSI at 39.58 is Neutral, neither overbought nor oversold. The STOCH value of 49.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3898.

Zhuzhou CRRC Times Electric Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0066	76 Outperform	HK$203.05B	13.19	9.59%	4.35%	-0.99%	80.58%
0525	74 Outperform	HK$23.15B	9.75	4.72%	3.48%	―	―
3898	66 Neutral	HK$67.46B	11.56	9.85%	4.07%	14.48%	12.74%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1786	62 Neutral	HK$1.32B	8.77	2.34%	3.48%	-3.37%	-17.55%
3969	59 Neutral	HK$60.07B	4.48	7.81%	5.51%	0.19%	4.36%
2169	51 Neutral	HK$2.36B	47.75	7.67%	0.87%	-14.80%	11.92%

Zhuzhou CRRC Times Electric Co Corporate Events