China Railway (601390): Revenue and profit under pressure, planning for a mid-term dividend in 2025 to strengthen Shareholder returns.

Investment highlights: In 2024, the company's net income attributable to shareholders is expected to decrease by 16.7% year-on-year, slightly lower than previously anticipated. According to Wind, the company is expected to achieve total operating income of 1.16 trillion, down 8.17% year-on-year; achieving net income attributable to shareholders.

SWHY ResearchMar 30 20:42

In the "Performance" report, China Railway (00390.HK) reported an annual net profit of 27.887 billion RMB, a decrease of 16.7%, with a final dividend of 17.8 cents.

China Railway (00390.HK) announced its performance for the year 2024, with revenue of 1.16 trillion yuan, a year-on-year decrease of 8.2%; gross profit of 110.231 billion yuan, down 10.2%. It recorded a net profit of 27.887 billion yuan, a decline of 16.7%, with earnings per share of 1.085 yuan. The final dividend is 17.8 cents. The same period last year paid out 21 cents. In 2025, it plans to achieve total revenue of approximately 1,132 billion yuan, cost of goods sold of 1,021.1 billion yuan, and expects new contract signing amount of approximately 2,800 billion yuan. In 2024, the new contract signing amount was 2,715.2 billion yuan, down.

AASTOCKSMar 30 15:57

China Railway (601390): Emerging Business & Overseas Expansion Accelerates, Mineral Resources Create a Second Growth Curve.

Revenue performance continues to be under pressure, focusing on the speed of subsequent order transfers. In 2024, the company achieved revenue of 1157.44 billion yuan, a year-on-year decrease of 8.20%, and achieved a net income attributable to shareholders of 27.89 billion yuan, a year-on-year decrease of 16.7%, excluding non-recurring net income.

TianfengMar 30 15:17

China Railway Group Reports 2024 Earnings Decline

TipRanksMar 29 11:57

China Railway (601390): Q4 Cash / Money Market flow significantly improved, accelerating the expansion of new Business.

The performance meets expectations, Q4 performance continues to be under pressure, with overseas showing relatively better results. The company achieved total operating revenue of 1,160.3 billion in 2024, down 8% year-on-year; realized Net income of 27.9 billion, down 17% year-on-year; and non-recurring performance of 24.3 billion.

Guosheng SecuritiesMar 29 00:00

Summary of the annual report of China Railway for 2024.

SZSIMar 29 00:00 · Announcements