Zhuzhou CRRC Times Electric Co., Ltd. (03898.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	29.3B	28.6B	24.9B	21.8B	18.0B
Cost of Revenue	19.7B	19.2B	16.8B	16.7B	12.1B
Gross Profit	9.6B	9.5B	8.1B	5.1B	6.0B
Operating Expenses
R&D Expense	2.4B	3.0B	2.7B	2.1B	1.8B
SG&A Expense	1.6B	592.1M	540.2M	517.7M	407.1M
General & Admin Expense	247.8M	338.4M	271.9M	289.8M	245.0M
Selling & Marketing Expense	122.8M	253.7M	268.3M	227.9M	162.2M
Other Expenses	3.3B	1.1B	589.7M	400.5M	872.8M
Total Operating Expenses	5.4B	4.7B	3.8B	3.0B	3.0B
Cost and Expenses	25.1B	23.9B	20.6B	18.5B	15.1B
Operating Income (EBIT)	4.3B	4.8B	3.2B	3.3B	2.9B
Non-Operating
Interest Income	281.8M	297.4M	285.1M	259.8M	204.1M
Interest Expense	32.0M	45.8M	54.7M	47.2M	21.0M
Net Interest Income	249.7M	251.6M	230.3M	212.9M	183.2M
Other Non-Op Income/Expense	524.3M	27.5M	30.6M	42.2M	10.3M
Non-Operating Income (excl Interest)	(152.0M)	—	—	—	(31.2M)
EBT (Pre-Tax Income)	4.8B	4.9B	4.3B	3.3B	2.9B
Income Tax Expense	543.7M	564.6M	367.8M	209.5M	349.6M
Bottom Line
Net Income	4.1B	4.1B	3.7B	3.0B	2.6B
Earnings from Cont. Ops	4.3B	4.3B	3.9B	3.1B	2.6B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	4.1B	4.1B	3.7B	3.0B	2.6B
Per Share
Basic EPS	HK$3.04	HK$2.99	HK$2.62	HK$2.15	HK$1.80
Diluted EPS	HK$3.04	HK$2.99	HK$2.62	HK$2.15	HK$1.80
Revenue Per Share	HK$21.90	HK$20.89	HK$17.64	HK$15.40	HK$12.70
Shares
Basic Shares Outstanding	1.3B	1.4B	1.4B	1.4B	1.4B
Diluted Shares Outstanding	1.3B	1.4B	1.4B	1.4B	1.4B
Profitability Metrics
EBITDA	5.7B	5.6B	5.6B	4.3B	3.8B
D&A	1.7B	1.5B	1.2B	999.8M	807.0M
EBIT	4.5B	4.1B	4.4B	3.3B	3.0B

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