01766 CRRC
- 4.310
- -0.130-2.93%
CRRC News
Hong Kong stocks fluctuate | Infrastructure stocks continue recent declines, with the performance of the construction industry under pressure in the first half of the year, and the infrastructure growth rate in the second half still needs attention.
Infrastructure stocks continued their recent downtrend, as of the time of writing, China Railway Signal & Communication Corporation (03969) fell 3.03% to HKD 2.56; China Communications Construction Company (01800) fell 2.99% to HKD 3.89; CRRC Corporation (01766) fell 2.7% to HKD 4.32; China Railway Corporation (00390) fell 1.89% to HKD 3.11.
CRRC: Interim Report 2024
Trending Industry Today: PETROCHINA Leads Losses In Belt & Road Initiative Stocks
CRRC Has Sights Trained on African Railway Biz
Intelligent Stock Connect Proportion Abnormal Statistics | August 29th
Abnormal statistics of the ChiNext Connect trading ratio | August 28th, 2024
Research Reports | China Securities Co., Ltd.: Maintaining a "buy" rating for CRRC Corporation, the high-level maintenance of EMUs continues to be prosperous.
China Securities Co., Ltd. research reports pointed out that in the first half of the year, CRRC Corporation (601766.SH) led the growth rate of railroad equipment revenue among its four major business sectors, with a significant increase of 93.16% in high-speed trains' revenue, driving profit levels up. Looking ahead to the full year and long term of 2024, equipment upgrades will become an important driver for the company's business development. In 2024, the bidding volume for advanced maintenance of high-speed trains continues to exceed expectations, with a significant increase in the proportion of high value-added Level 5 maintenance, which is expected to further drive profit levels up; with the introduction of new energy locomotives, the gradual replacement of old internal combustion locomotives is expected to unfold, laying the foundation for the next 3 years of development. In terms of central enterprise market cap assessment
Zhuzhou CRRC Times Electric Co (ZHUZF) Was Downgraded to a Hold Rating at Jefferies
CRRC's H1 Profit Rises 21% as Revenue Jumps 3%
Private Companies Are Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Biggest Owners and Were Hit After Market Cap Dropped HK$2.8b
Southbound funds had a net outflow of 0.041 billion Hong Kong dollars on August 26: reducing holdings in Tencent and CNOOC, while inflowing into China Mobile and CRRC Corporation.
① The southbound funds had a daily turnover of approximately 23.8 billion Hong Kong dollars. Which individual stocks are experiencing ongoing inflows of funds? ② Tencent saw an outflow of over 0.2 billion Hong Kong dollars. What is the short-term trend of the funds?
Nomura Downgrades Zhuzhou CRRC Times Electric to Neutral From Buy, Adjusts Price Target to 57 Yuan From 58 Yuan
Nomura Downgrades Zhuzhou CRRC Times Electric to Neutral From Buy, Adjusts Price Target to HK$32 From HK$35
Zhuzhou CRRC Times Electric's H1 Attributable Profit Jumps 31%
Daiwa: Maintains 'shareholding' rating for crrc corporation (01766), target price raised to 6.2 Hong Kong dollars
Credit Suisse has raised its profit forecast for crrc corporation (01766) by 1% to 2% for the next two years.
Major Rating | Goldman Sachs: Raises the target price of CRRC Corporation to 6.2 Hong Kong dollars, raises the net profit forecast for 2024 to 2026.
Morgan Stanley released a report, stating that CRRC Corporation's second-quarter profit increased by 12% year-on-year, slightly higher than the bank's and market expectations of 5% to 6%. They believe that with the stable growth in the delivery and maintenance business of multiple units, the company's profit growth momentum should be sustainable into the second half of the year. Morgan Stanley raised the profit forecast for CRRC in the next two years by 1% to 2%, but reduced the profit forecast for 2026 by 4%, indicating that the annual net profit from 2024 to 2026 will increase by 17.5%, 10.4%, and decrease by 0.7% respectively. The bank raised the H-share target price of CRRC from HK$5.6 to HK$6.2 and maintains a "shareholding" rating.
These 4 Measures Indicate That CRRC (SHSE:601766) Is Using Debt Safely
Hong Kong stock announcement | Sinopec Corp releases interim financial results, with a net income attributable to equity holders of 35.703 billion yuan, a year-on-year increase of 1.7%. Domestic oil & gas equivalent production reaches a historical high fo
Alibaba SW (09988): voluntarily converted to dual-primary listing on the Hong Kong Stock Exchange...
CRRC Corporation (01766) recorded a 21.4% year-on-year increase in net profit for the first half of the year, reaching 4.201 billion RMB.
Jinwu Cai Xun | CRRC Corporation (01766) announced that for the six months ended June 30, 2024, net profit attributable to shareholders of the company was recorded at 4.201 billion yuan, an increase of 21.4% year-on-year. Basic earnings per share were 0.15 yuan, a year-on-year increase of 25%. During the period, revenue reached 90.039 billion yuan, an increase of 3.13% year-on-year. The revenue growth was mainly due to the increase in revenue from railroad equipment. Railroad equipment business, urban rail and urban infrastructure business, new industry business, and modern service business accounted for 46.63%, 18.19%, 33.37% of total revenue respectively.
crrc corporation Semi-Annual Report 2024
Summary of CRRC Corporation's 2024 Semi-Annual Report
Analysis
Price Target
No Data
