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Zhuzhou CRRC Times Electric (3898) investor relations material
Zhuzhou CRRC Times Electric Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 reached RMB 5.10 billion, up 12.45% year-over-year from RMB 4.54 billion.
Net profit attributable to shareholders was RMB 643 million, a 1.91% increase year-over-year.
Net cash flow from operating activities was negative RMB 910 million, mainly due to increased cash paid for goods and services.
Financial highlights
Total profit for the quarter was RMB 778 million, down 0.88% year-over-year.
Basic and diluted EPS both rose to RMB 0.47 from RMB 0.45, a 4.44% increase year-over-year.
Weighted average return on net assets was 1.50%, down 0.02 percentage points year-over-year.
R&D investment totaled RMB 599 million, up 11.22% year-over-year, representing 11.73% of revenue.
Outlook and guidance
No explicit forward-looking statements or guidance provided for future quarters.
- Revenue and net profit rose over 10% year-over-year, with robust growth in all core business segments.3898
H2 202527 Mar 2026 - Record revenue and profit growth, robust R&D, and strong market leadership in 2024.3898
H2 20241 Dec 2025 - Net profit surged 30.56% to RMB1.51 billion on 19.99% revenue growth in H1 2024.3898
H1 20241 Dec 2025 - Revenue and net profit grew double digits, driven by rail and emerging equipment strength.3898
Q3 202530 Oct 2025 - Revenue and net profit grew double digits, with robust cash flow and dividend payout.3898
H1 202525 Sep 2025 - Q1 2025 revenue rose 14.81% and net profit 13.42%, driven by rail and emerging equipment growth.3898
Q1 202510 Sep 2025 - Revenue and profit surged on strong rail transit and new energy equipment growth.3898
Q3 202413 Jun 2025
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