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CRRC
CRRC (601766) investor relations material
CRRC Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary19 Aug, 2026
Executive summary
Revenue for H1 2026 reached RMB 131.68 billion, up 9.96% year-over-year, with net profit attributable to shareholders at RMB 7.99 billion, up 10.28%.
Gross margin improved to 22.27%, and basic/diluted EPS rose to RMB 0.28, a 12% increase year-over-year.
The company maintained its global leadership in rail transit equipment and expanded its presence in new energy equipment.
Financial highlights
Operating income: RMB 131.68 billion (+9.96% YoY); net profit: RMB 7.99 billion (+10.28% YoY).
Net cash flow from operating activities: -RMB 16.14 billion (outflow increased from -RMB 8.99 billion YoY).
Gross margin: 22.27% (+0.46 ppt YoY); net assets attributable to shareholders: RMB 176.48 billion (+2.53% from year-end 2025).
R&D investment: RMB 7.77 billion, 6% of revenue.
Non-recurring gains: RMB 582 million, mainly from government grants and fair value changes.
Outlook and guidance
The company expects continued stable growth in rail transit and new energy sectors, with ongoing expansion in international markets and lifecycle service solutions.
Cash dividend of RMB 1.1 per 10 shares (RMB 3.157 billion total) proposed for H1 2026.
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Latest events from CRRC
- Revenue and net profit grew over 10% year-over-year, led by railway and new energy sectors.601766
Q1 2026 - 2025 revenue up 10.79% and net profit up 6.40%, with robust R&D and 50% dividend payout.601766Q4 2025
- Revenue and net profit surged year-over-year, led by railway and new industry growth.601766Q3 2025
- H1 2025 revenue up 32.99%, net profit up 72.48%, led by rail and new industry growth.601766Q2 2025
- Net profit rose 17.77% on strong railway equipment sales and higher parent group ownership.601766Q3 2024
- Net profit surged 21.40% on 3.13% revenue growth, led by robust railway equipment sales.601766Q2 2024
- Record revenue and profit growth, margin improvement, and strong cash flow in 2024.601766H2 2024
- Revenue and net profit soared, but operating cash flow turned negative in Q1 2025.601766Q1 2025
Next CRRC earnings date
Q3 202630 Oct, 2026
CRRC
Next CRRC earnings date
Q3 202630 Oct, 2026
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Frequently asked questions
CRRC Corporation Limited is a Chinese company specializing in the design, manufacture, and maintenance of railway equipment. The company produces a wide range of rail transport products, including high-speed trains, urban transit vehicles, locomotives, and rail engineering equipment. Serving both domestic and international markets, CRRC provides solutions for passenger and freight rail systems, along with services in system integration and rail infrastructure support. The company is headquartered in Beijing, China, and its shares are listed on the Shanghai and Hong Kong Stock Exchanges.