China Railway High speed Electrification Equipment Co Ltd

High-speed Railway Electric released its 2026 interim report. Total operating revenue was 683 million yuan, up 28.12% year on year, and net profit attributable to the parent company was 32.4608 million yuan, up 14.24% year on year, with both achieving growth for two consecutive years. Net cash flow from operating activities was negative 17.1128 million yuan, an increase of 79.9006 million yuan compared with the same period last year. The company's asset-liability ratio was 44.45%, gross margin was 20.34%, up 1.66 percentage points year on year, ROE was 1.89%, up 0.19 percentage points year on year. Diluted earnings per share was 0.09 yuan, up 14.30% year on year. Total asset turnover was 0.22 times, up 24.86% year on year, and inventory turnover was 1.12 times. The number of shareholders was 7,557, and the top ten shareholders held 78.78% of the total share capital.

High-Speed Railway Electric announced that its holding subsidiary Baodeli recently received a bid award notice from Xicheng Railway Passenger Dedicated Line Shaanxi Company for the new Yan'an to Yulin railway project, with a winning bid amount of 82.3723 million yuan.