CRRC Corporation Limited (CRRC) reported a solid first-half performance for 2026, delivering revenue of RMB131.68 billion, an increase of 9.96 % year-on-year. Net profit attributable to shareholders climbed 10.28 % to RMB7.99 billion, lifting basic earnings per share to RMB0.28.
The railway equipment division remained the core driver, contributing 50.82 % of total revenue and expanding 12.09 % versus the prior-year period, primarily on higher multiple-unit and passenger-carriage deliveries. New-industry revenue—chiefly high-end components and new-energy equipment—rose 11.82 %, accounting for 34.59 % of the top line. Urban rail vehicles and infrastructure added 13.36 % of group revenue, edging 1.10 % higher.
CRRC booked RMB141.9 billion in new orders during the period, with overseas contracts representing RMB29.9 billion. The international portfolio gained traction in Central Asia, Latin America, Southeast Asia and Africa.
Operating cash flow registered an outflow of RMB16.14 billion, compared with an outflow of RMB8.99 billion a year earlier, reflecting higher payments to suppliers. Net cash from investing activities turned positive at RMB3.09 billion, driven by lower investment outlays, while financing cash flow swung to an outflow of RMB2.34 billion after reduced issuance of short-term notes.
At 30 June 2026 total assets stood at RMB545.68 billion, with a gearing ratio of 59.68 %, down 1.09 percentage points from year-end 2025. Cash and bank balances totaled RMB44.20 billion; interest-bearing debt was RMB19.21 billion.
The board proposed an interim cash dividend of RMB0.11 per share, totaling RMB3.16 billion. The payout will be adjusted on a per-share basis should the share count change before the record date; the total distribution amount will remain unchanged. Payment is expected on or before 15 October 2026.
Management reaffirmed its strategy of strengthening rail-equipment leadership while accelerating growth in new-energy equipment and digital-intelligence solutions, aiming to capture opportunities in domestic infrastructure upgrades and Belt and Road markets.