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China Railway Signal & Communication
(3969)
China Railway Signal & Communication (3969) vs. iShares MSCI Hong Kong ETF (EWH)
China Railway Signal & Communication Business Overview & Revenue Model
China Railway Signal & Communication Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.09B | 32.47B | 37.00B | 40.20B | 38.36B | 40.12B |
| Gross Profit | 9.62B | 9.49B | 9.53B | 9.52B | 8.51B | 8.86B |
| EBITDA | 4.40B | 5.04B | 5.04B | 5.15B | 5.05B | 5.68B |
| Net Income | 3.48B | 3.49B | 3.48B | 3.63B | 3.27B | 3.82B |
Balance Sheet | ||||||
| Total Assets | 126.42B | 117.89B | 118.99B | 116.81B | 108.94B | 105.33B |
| Cash, Cash Equivalents and Short-Term Investments | 21.95B | 22.58B | 22.57B | 22.22B | 22.98B | 22.74B |
| Total Debt | 14.54B | 5.48B | 7.32B | 7.14B | 3.59B | 2.74B |
| Total Liabilities | 73.48B | 67.46B | 70.12B | 69.53B | 63.57B | 61.03B |
| Stockholders Equity | 50.36B | 48.03B | 46.81B | 45.32B | 43.55B | 42.56B |
Cash Flow | ||||||
| Free Cash Flow | -2.57B | 4.38B | 1.38B | 1.37B | 1.90B | 1.26B |
| Operating Cash Flow | -1.94B | 5.24B | 2.06B | 2.08B | 2.77B | 3.01B |
| Investing Cash Flow | 289.32M | -586.69M | ― | -150.94M | -1.26B | -137.25M |
| Financing Cash Flow | 1.76B | -4.26B | -1.46B | -2.42B | -2.07B | -2.47B |
China Railway Signal & Communication Technical Analysis
China Railway Signal & Communication Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$186.32B | 10.71 | 9.59% | 4.35% | -0.99% | 80.58% | |
76 Outperform | HK$68.43B | 11.94 | 9.42% | 4.07% | 14.48% | 12.74% | |
68 Neutral | HK$1.35B | 9.48 | 2.21% | 3.48% | -3.37% | -17.55% | |
67 Neutral | HK$5.59B | 20.55 | 1.61% | 7.48% | 2.87% | -35.74% | |
65 Neutral | HK$60.00B | 9.77 | 7.39% | 5.51% | 0.19% | 4.36% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | HK$22.35B | 15.80 | 4.61% | 3.48% | ― | ― |
China Railway Signal & Communication Corporate Events
China Railway Signal & Communication Corporation Limited has renewed its framework agreements with controlling shareholder CRSC Corporation Group for purchases, sales and construction contracting for a further three years from 2026 to 2028, ensuring continuity of existing connected transactions beyond the expiry of the current 2023–2025 arrangements. Under Hong Kong listing rules, these transactions are classified as continuing connected transactions due to CRSC Corporation Group’s 62.78% stake, and while the purchase caps trigger reporting, annual review and announcement obligations, they remain below the threshold requiring independent shareholder approval, allowing the company to maintain key intra-group supply and contracting relationships with limited additional compliance burden.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited announced the winning of ten significant projects in the rail transit market, with five projects in the railway sector and five in the urban rail transit sector. These projects, awarded in September and October 2025, include major developments such as the Sichuan-Tibet Railway and Shanghai Rail Transit Line upgrades, with a total tender amount in the billions of RMB. This achievement underscores the company’s strong market position and its continued expansion in both domestic and international markets, potentially enhancing its operational capabilities and stakeholder value.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited held its first extraordinary general meeting of 2025, where significant resolutions were passed, including the abolishment of the Supervisory Committee and amendments to the Articles of Association. The meeting saw substantial shareholder participation, with over 71% of voting shares represented. The resolutions were overwhelmingly approved, indicating strong shareholder support for the company’s strategic changes, which may impact its governance structure and operational focus.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited has established an Audit and Risk Management Committee to enhance its corporate governance structure. This committee is tasked with overseeing the company’s audit processes, risk management strategies, and financial disclosures, aiming to safeguard the interests of the company and its shareholders. The committee is composed of non-executive directors, primarily independent, with expertise in accounting and business, ensuring informed decision-making and compliance with relevant regulations.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited has announced its 2025 first extraordinary general meeting scheduled for November 21, 2025, in Beijing. The meeting will address several key resolutions, including the abolishment of the Supervisory Committee, changes to fundraising projects, and amendments to various corporate governance documents. These resolutions are expected to impact the company’s operational strategies and governance framework, potentially influencing its market positioning and stakeholder relations.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited has announced the closure of its register of members in preparation for its first extraordinary general meeting (EGM) scheduled for November 21, 2025. The closure will occur from November 18 to November 21, 2025, during which no transfer of H shares will be processed. Shareholders listed as of November 17, 2025, will be eligible to attend and vote at the EGM, with further details to be published in due course.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited announced its unaudited financial results for the third quarter of 2025, prepared in accordance with Chinese accounting standards. This announcement, made in compliance with Hong Kong’s securities regulations, provides stakeholders with key financial insights, potentially impacting the company’s market positioning and informing future strategic decisions.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited has announced its intention to abolish its Supervisory Committee, transferring its functions to the audit and risk management committee under the board of directors. This move aims to enhance corporate governance and align with the latest legal requirements. Additionally, the company plans to amend its Articles of Association and other procedural rules to reflect these changes, including adjustments to shareholder rights and board governance, which are expected to improve operational efficiency and stakeholder engagement.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited has announced the renewal of its Financial Services Framework Agreement with China CRSC Group, effective from January 1, 2026, to December 31, 2028. This renewal ensures the continuation of connected transactions under the agreement, with set annual caps, and aligns with Chapter 14A of the Listing Rules, impacting the company’s financial operations and compliance obligations.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited has established a Nomination Committee under its Board of Directors to enhance corporate governance and protect shareholder interests. The committee is responsible for advising on the selection and nomination of directors and senior management, ensuring a structured and transparent process that aligns with regulatory standards.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.
China Railway Signal & Communication Corporation Limited has announced that its board of directors will convene on 28 October 2025 to review and approve the company’s third-quarter results for the period ending 30 September 2025. This meeting is significant as it will provide insights into the company’s financial performance and operational progress, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (HK:3969) stock is a Buy with a HK$4.00 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.