Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
31,001.92
26,906.15
24,195.84
20,894.82
18,133.93
17,935.78
18,364.99
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
31,001.92
26,906.15
24,195.84
20,894.82
18,133.93
17,935.78
18,364.99
Raw Material Cost
21,253.71
18,749.73
17,765.71
14,483.54
12,420.14
11,622.20
11,300.30
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
3,300.06
2,823.58
2,410.23
0.00
0.00
1,426.87
2,494.20
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
51.03
55.92
63.61
28.24
32.67
30.53
38.32
Selling and Distribution Expenses
2,142.98
2,060.00
1,854.72
2,263.93
2,001.78
1,881.59
2,420.20
Other Expenses
-43.45
-33.49
-48.16
177.56
176.59
24.70
-71.08
Total Expenditure (Excl Depreciation)
26,313.28
23,354.35
21,612.63
18,551.27
16,220.53
15,208.24
15,542.18
Operating Profit (PBDIT) excl Other Income
4688.6
3551.8
2583.2
2343.5
1913.4
2727.5
2822.7999999999997
Other Income
891.99
1,289.42
1,144.73
811.15
691.34
610.14
441.08
Operating Profit (PBDIT)
7,131.12
6,085.97
4,728.11
4,308.18
3,308.30
4,058.50
4,013.47
Interest
51.03
55.92
63.61
28.24
32.67
30.53
38.32
Exceptional Items
-96.19
-6.35
95.05
188.19
31.10
-131.25
-49.80
Gross Profit (PBDT)
9,748.20
8,156.42
6,430.14
6,411.28
5,713.79
6,313.58
7,064.69
Depreciation
1,685.20
1,338.91
1,117.93
948.79
726.18
659.62
586.45
Profit Before Tax
5,298.69
4,684.80
3,641.62
3,519.34
2,580.56
3,237.10
3,338.90
Tax
612.30
398.82
231.49
406.51
106.63
382.48
311.89
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
4,442.79
4,014.43
3,360.03
2,972.11
2,431.75
2,781.65
3,015.27
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
4,442.79
4,014.43
3,360.03
2,972.11
2,431.75
2,781.65
3,015.27
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
230.49
266.90
49.05
42.04
20.38
23.71
-1.82
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
4,673.28
4,281.34
3,409.09
3,014.15
2,452.13
2,805.36
3,013.45
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
1.11
1.06
1.1
0.0
0.0
0.0
0.0
Reserves
47,322.47
44,194.34
40,735.14
38,768.99
39,904.14
28,280.45
24,508.72
Earnings per share (EPS)
3.24
2.84
2.37
1.79
1.47
1.96
2.13
Diluted Earnings per share
3.24
2.84
2.37
1.79
1.47
1.96
2.13
Operating Profit Margin (Excl OI)
14.69%
12.85%
10.19%
12.2%
10.43%
15.55%
16.26%
Gross Profit Margin
22.53%
22.39%
19.67%
21.38%
18.24%
21.73%
21.37%
PAT Margin
14.33%
14.92%
13.89%
14.22%
13.41%
15.51%
16.42%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 15.22% vs 11.20% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 9.16% vs 25.58% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 30.07% vs 33.86% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -8.77% vs -12.11% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of Zhuzhou CRRC Times Electric Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
31,001.92
18,541.03
12,460.89
67.21%
Other Operating Income
0.00
0.00
0.00
Total Operating income
31,001.92
18,541.03
12,460.89
67.21%
Raw Material Cost
21,253.71
15,262.58
5,991.13
39.25%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
3,300.06
1,025.06
2,275.00
221.94%
Power Cost
0
0
0.00
Manufacturing Expenses
51.03
255.17
-204.14
-80.00%
Selling and Distribution Expenses
2,142.98
1,192.27
950.71
79.74%
Other Expenses
-43.45
-128.02
84.57
66.06%
Total Expenditure (Excl Depreciation)
26,313.28
16,454.85
9,858.43
59.91%
Operating Profit (PBDIT) excl Other Income
4,688.64
2,086.17
2,602.47
124.75%
Other Income
891.99
89.52
802.47
896.41%
Operating Profit (PBDIT)
7,131.12
3,124.86
4,006.26
128.21%
Interest
51.03
255.17
-204.14
-80.00%
Exceptional Items
-96.19
-185.16
88.97
48.05%
Gross Profit (PBDT)
9,748.20
3,278.44
6,469.76
197.34%
Depreciation
1,685.20
949.17
736.03
77.54%
Profit Before Tax
5,298.69
1,735.37
3,563.32
205.33%
Tax
612.30
405.24
207.06
51.10%
Provisions and contingencies
0
0
0.00
Profit After Tax
4,442.79
1,326.10
3,116.69
235.03%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
4,442.79
1,326.10
3,116.69
235.03%
Share in Profit of Associates
0
0
0.00
Minority Interest
230.49
4.03
226.46
5,619.35%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
4,673.28
1,330.13
3,343.15
251.34%
Equity Capital
0
0
0.00
Face Value
1.11
0.00
0.00
Reserves
47,322.47
15,342.43
31,980.04
208.44%
Earnings per share (EPS)
3.24
0.42
2.82
671.43%
Diluted Earnings per share
3.24
0.42
2.82
671.43%
Operating Profit Margin (Excl OI)
14.69%
11.25%
0.00
3.44%
Gross Profit Margin
22.53%
14.48%
0.00
8.05%
PAT Margin
14.33%
7.15%
0.00
7.18%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 3,100.19 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 15.22% vs 11.20% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 467.33 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 9.16% vs 25.58% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 623.91 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 30.07% vs 33.86% in Dec 2024
Annual - Interest
Interest 5.10 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -8.77% vs -12.11% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 14.69%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






