智通财经网·2025-08-22 11:58Core Insights - China CNR Corporation Limited reported a mid-term performance for 2025 with total revenue of 119.758 billion RMB, representing a year-on-year increase of 32.99% [1] - The net profit attributable to shareholders reached 7.246 billion RMB, showing a significant growth of 72.48% compared to the previous year [1] - Basic earnings per share stood at 0.25 RMB [1] Revenue Breakdown - The revenue from the railway equipment business accounted for 49.86% of total revenue, with a year-on-year increase of 42.21%, driven by growth in the high-speed train and freight car segments [1] - The urban rail and urban infrastructure business contributed 14.53% to total revenue, with a 6.27% increase year-on-year, primarily due to new construction of urban rail vehicles [1] - New industries generated 34.01% of total revenue, with a 35.59% increase year-on-year, mainly from the rise in clean energy equipment sales [1] - The modern services business accounted for 1.60% of total revenue, with a 16.39% increase year-on-year, attributed to higher service income [2] Cost Analysis - The operating costs for the railway equipment business increased by 37.69%, which was lower than the revenue growth due to different product types [1] - The urban rail and urban infrastructure business saw operating costs rise by 5.22%, in line with revenue growth [1] - New industries experienced a 40.74% increase in operating costs, which outpaced revenue growth due to the nature of the products [1] - The modern services business had operating costs increase by 21.06%, also reflecting the rise in revenue [2] Order and Revenue Growth - The company secured new orders totaling approximately 146 billion RMB during the reporting period, with about 30.9 billion RMB coming from overseas [3] - Revenue from mainland China increased by 36.84%, while revenue from other countries or regions grew by 8.43%, driven by increased orders for overseas high-speed trains and freight cars [3]