China Railway Group Ltd. (00390.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1054.1B	1093.5B	1160.3B	1263.5B	1154.4B
Cost of Revenue	954.5B	988.8B	1044.0B	1133.5B	1038.8B
Gross Profit	101.0B	104.7B	116.3B	130.0B	115.6B
Operating Expenses
R&D Expense	23.5B	22.4B	26.6B	30.0B	27.7B
SG&A Expense	6.8B	7.2B	8.7B	9.7B	31.4B
General & Admin Expense	4.3B	4.1B	4.8B	5.7B	25.1B
Selling & Marketing Expense	2.5B	3.1B	3.8B	4.0B	6.3B
Other Expenses	16.7B	25.7B	42.6B	41.1B	5.2B
Total Operating Expenses	47.0B	55.4B	77.9B	83.7B	64.3B
Cost and Expenses	1004.6B	1044.1B	1121.9B	1217.2B	1103.1B
Operating Income (EBIT)	49.5B	49.4B	38.5B	46.3B	62.7B
Non-Operating
Interest Income	8.2B	6.4B	7.9B	8.7B	7.2B
Interest Expense	16.8B	13.1B	14.1B	12.5B	9.4B
Net Interest Income	(8.9B)	(6.7B)	(6.2B)	(3.8B)	11.6B
Other Non-Op Income/Expense	(19.0B)	(15.8B)	420.8M	(212.2M)	(465.2M)
Non-Operating Income (excl Interest)	650.8M	2.7B	4.9B	5.4B	6.2B
EBT (Pre-Tax Income)	30.5B	33.5B	38.9B	46.1B	42.6B
Income Tax Expense	7.4B	7.2B	8.1B	8.4B	7.6B
Bottom Line
Net Income	19.7B	22.9B	27.9B	33.5B	31.3B
Earnings from Cont. Ops	23.1B	26.3B	30.8B	37.6B	35.0B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	23.2B	22.9B	27.9B	33.5B	29.4B
Per Share
Basic EPS	HK$0.75	HK$0.85	HK$1.13	HK$1.36	HK$1.20
Diluted EPS	HK$0.92	HK$0.85	HK$1.08	HK$1.36	HK$1.20
Revenue Per Share	HK$35.09	HK$40.51	HK$47.15	HK$51.42	HK$44.22
Shares
Basic Shares Outstanding	30.0B	27.0B	24.6B	24.6B	26.1B
Diluted Shares Outstanding	24.6B	27.0B	24.6B	24.6B	26.1B
Profitability Metrics
EBITDA	65.7B	66.6B	48.6B	54.1B	73.3B
D&A	15.7B	20.0B	15.1B	13.2B	10.7B
EBIT	50.0B	46.6B	33.5B	40.9B	36.8B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026