China Railway Signal & Communication Corp. Ltd. (03969.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	33.7B	34.6B	32.5B	37.0B	40.2B
Cost of Revenue	24.0B	24.6B	23.0B	27.5B	30.7B
Gross Profit	9.7B	10.0B	9.5B	9.5B	9.5B
Operating Expenses
R&D Expense	1.9B	2.0B	1.9B	1.9B	1.7B
SG&A Expense	3.8B	572.4M	622.1M	618.1M	1.4B
General & Admin Expense	2.0B	316.9M	365.5M	357.6M	572.7M
Selling & Marketing Expense	695.0M	255.5M	256.7M	260.5M	812.1M
Other Expenses	2.0B	(474.7B)	2.3B	2.3B	1.7B
Total Operating Expenses	5.2B	(472.1B)	4.8B	4.8B	4.8B
Cost and Expenses	29.0B	(447.6B)	27.8B	32.3B	35.3B
Operating Income (EBIT)	3.8B	482.1B	4.7B	4.7B	4.7B
Non-Operating
Interest Income	132.8M	164.5M	488.8M	519.0M	435.2M
Interest Expense	116.6M	112.2M	52.8M	130.9M	111.0M
Net Interest Income	16.2M	52.3M	386.0M	388.1M	434.4M
Other Non-Op Income/Expense	668.4M	(477.2B)	43.3M	29.4M	38.4M
Non-Operating Income (excl Interest)	615.7M	773.3M	(96.1M)	(106.1M)	(149.4M)
EBT (Pre-Tax Income)	4.5B	4.9B	4.7B	4.7B	4.7B
Income Tax Expense	654.7M	661.3M	661.8M	675.5M	642.0M
Bottom Line
Net Income	3.4B	3.7B	3.5B	3.5B	3.6B
Earnings from Cont. Ops	3.9B	4.2B	4.1B	4.0B	4.1B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	3.4B	3.6B	3.5B	3.5B	3.6B
Per Share
Basic EPS	HK$0.32	HK$0.34	HK$0.33	HK$0.32	HK$0.33
Diluted EPS	HK$0.32	HK$0.34	HK$0.33	HK$0.32	HK$0.33
Revenue Per Share	HK$3.18	HK$3.21	HK$3.07	HK$3.41	HK$3.80
Shares
Basic Shares Outstanding	10.6B	10.8B	10.6B	10.9B	10.6B
Diluted Shares Outstanding	10.6B	10.8B	10.6B	10.9B	10.6B
Profitability Metrics
EBITDA	4.6B	5.0B	5.5B	5.5B	5.5B
D&A	575.9M	744.2M	742.0M	755.6M	631.9M
EBIT	4.1B	4.2B	4.8B	4.8B	4.9B

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 Sep 1, 2026