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Zhuzhou CRRC Times Electric Co
(OTC:3898)
Zhuzhou CRRC Times Electric Co (3898) vs. S&P 500 (SPY)
Zhuzhou CRRC Times Electric Co Business Overview & Revenue Model
Zhuzhou CRRC Times Electric Co Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 24.75B | 21.80B | 18.03B | 15.12B | 16.03B | Gross Profit |
| 6.71B | 7.33B | 5.89B | 5.10B | 5.97B | EBIT |
| 4.32B | 3.32B | 2.93B | 2.10B | 2.78B | EBITDA |
| 5.58B | 4.34B | 3.77B | 2.60B | 3.28B | Net Income Common Stockholders |
| 3.70B | 3.11B | 2.56B | 2.02B | 2.48B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 17.84B | 13.83B | 14.59B | 15.85B | 8.86B | Total Assets |
| 64.80B | 53.40B | 48.51B | 44.15B | 33.87B | Total Debt |
| 6.21B | 5.34B | 3.34B | 2.23B | 2.30B | Net Debt |
| -4.45B | -2.56B | -4.16B | -5.99B | -2.83B | Total Liabilities |
| 20.04B | 15.69B | 13.21B | 10.86B | 9.61B | Stockholders Equity |
| 41.53B | 37.00B | 34.53B | 32.62B | 23.85B |
| Cash Flow | Free Cash Flow | |||
| -89.41M | -198.63M | 1.09B | 1.18B | -107.81M | Operating Cash Flow |
| 3.36B | 2.78B | 2.04B | 2.15B | 1.75B | Investing Cash Flow |
| -3.20B | -2.28B | -2.26B | -6.01B | -629.72M | Financing Cash Flow |
| 456.25M | -589.06M | -591.38M | 6.97B | -545.24M |
Zhuzhou CRRC Times Electric Co Technical Analysis
Zhuzhou CRRC Times Electric Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $319.85B | 9.17 | 13.15% | 5.35% | 3.52% | 26.44% | |
77 Outperform | $47.78B | 10.87 | 9.62% | 2.63% | 11.54% | 16.09% | |
75 Outperform | $784.91B | 9.57 | 12.78% | 8.17% | -7.73% | -6.97% | |
67 Neutral | $130.95B | 9.32 | 5.84% | 2.95% | -9.55% | 24.91% | |
64 Neutral | $4.30B | 11.84 | 5.23% | 249.82% | 4.06% | -10.21% |
Zhuzhou CRRC Times Electric Co Corporate Events
Zhuzhou CRRC Times Electric Co., Ltd. announced its unaudited financial results for the first quarter of 2025, highlighting the company’s adherence to Chinese Accounting Standards. The report underscores the company’s commitment to transparency and accuracy in financial reporting, which is crucial for maintaining stakeholder trust and aligning with regulatory requirements.
Zhuzhou CRRC Times Electric Co., Ltd. has announced a new dividend distribution plan for the years 2025-2027, aiming to provide consistent and stable returns to shareholders while supporting the company’s long-term growth objectives. The plan outlines a flexible approach to profit distribution, prioritizing cash dividends and adjusting the proportion based on the company’s development stage and capital expenditure needs, ensuring a balance between shareholder returns and sustainable development.
Zhuzhou CRRC Times Electric Co., Ltd. has announced changes in the composition of its board committees, effective from April 29, 2025. Ms. Feng Xiaoyun will join the Nomination Committee, leaving her position in the Remuneration Committee, while Mr. Zhong Ninghua will transition to the Remuneration Committee from the Nomination Committee. These changes reflect the company’s ongoing efforts to optimize its board structure, potentially impacting its governance and strategic decision-making processes.
Zhuzhou CRRC Times Electric Co., Ltd. announced the composition of its Board of Directors, highlighting the roles and functions of each member. The announcement provides detailed information on the membership of six Board committees, which include Strategy and ESG, Audit, Risk Control, Nomination, Remuneration, and Science and Technology Innovation committees. This update is significant for stakeholders as it outlines the governance structure and strategic oversight within the company, potentially impacting its operational and strategic direction.
Zhuzhou CRRC Times Electric Co., Ltd. has announced an upcoming board meeting scheduled for April 29, 2025, where the board will approve the publication of the company’s unaudited financial results for the first quarter of 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and market positioning.
Zhuzhou CRRC Times Electric Co., Ltd. has announced its audited results for the year ending December 31, 2024. The results comply with the Hong Kong Stock Exchange’s requirements and will be accessible online by April 30, 2025. This announcement reflects the company’s commitment to transparency and its strategic focus on maintaining a strong market position in the transportation and energy industries.
Zhuzhou CRRC Times Electric Co., Ltd. has announced a final cash dividend of RMB 1 per share for the financial year ending December 31, 2024. This move reflects the company’s stable financial performance and commitment to rewarding its shareholders. The announcement includes details on withholding tax rates for different types of shareholders, indicating a 10% tax for non-resident enterprises and a 20% tax for domestic individual investors via the Stock Connect programs. The specifics regarding the dividend payment, such as the exchange rate, ex-dividend date, and payment date, are yet to be announced, which suggests ongoing administrative processes to finalize these details.
Zhuzhou CRRC Times Electric Co., Ltd. has released its Corporate Value and Return Enhancement Action Plan for 2024, highlighting significant achievements in operational quality, technological innovation, and shareholder returns. Looking forward to 2025, the company aims to further enhance business quality and investor returns, aligning with its strategic development goals.
Zhuzhou CRRC Times Electric Co., Ltd. announced the resignation of Ms. Cheung Lai Ha as company secretary and the appointment of Ms. Long Furong and Ms. Leung Hoi Yan as joint company secretaries, effective March 28, 2025. Ms. Leung will also serve as the authorised representative and process agent. The company has received a waiver for Ms. Long, who lacks certain qualifications required by the listing rules, due to her extensive experience and familiarity with the company’s operations, which is expected to support effective corporate governance.
Zhuzhou CRRC Times Electric Co., Ltd. has announced a quarterly review of its continuing connected transactions with CRRC Group Co., Ltd. under a mutual supply framework agreement. This agreement, effective from January 2023 to December 2025, involves the supply of various products and services. The independent non-executive directors of the company have reviewed the transactions for the fourth quarter of 2024, confirming they were conducted in the ordinary course of business, on fair commercial terms, and within the annual cap amounts set for 2024. This review process is part of the company’s corporate governance measures to protect independent shareholders’ interests.
Zhuzhou CRRC Times Electric Co., Ltd. reported significant financial growth for 2024, with a 13.42% increase in operating revenue and a 32.28% rise in operating profit. The company’s strategic focus on enhancing profitability and expanding in rail transport and emerging equipment has improved its operational efficiency and financial performance, benefiting stakeholders and strengthening its market position.
Zhuzhou CRRC Times Electric Co., Ltd. announced the cancellation of repurchased H Shares, following a series of buybacks from December 2024 to February 2025. The company repurchased 42,200,400 H Shares, representing approximately 2.9897% of its total issued share capital, using HK$1,285,539,568.97. This move reduces the total number of issued shares, potentially impacting shareholder value and market perception.