Zhuzhou CRRC Times Electric Co., Ltd.

HKSE 3898.HK

Zhuzhou CRRC Times Electric Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2023: 5.82%

Zhuzhou CRRC Times Electric Co., Ltd. Return on Assets (ROA) is 5.82% for the year ending December 31, 2023, a 10.38% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Zhuzhou CRRC Times Electric Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was 5.27%, a 15.29% change year over year.
Zhuzhou CRRC Times Electric Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 4.57%, a -37.48% change year over year.
Zhuzhou CRRC Times Electric Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was 7.31%, a -9.33% change year over year.
Zhuzhou CRRC Times Electric Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 8.06%, a -10.41% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

HKSE: 3898.HK

Zhuzhou CRRC Times Electric Co., Ltd.

CEO	Mr. Donglin Li
IPO Date	Dec. 20, 2006
Location	China
Headquarters	No. 169 Times Road
Employees	8,362
Sector	Industrials
Industries Railways Rail Freight

Description

Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the research, development, design, manufacture, and sale of railway transportation equipment products, and provision of relevant services primarily in Mainland China and internationally. The company's products include traction converter systems of rail transit vehicles, railway engineering machinery, and communication signal systems. It also produces propulsion and control systems for trains and electric vehicles, signaling systems, power supply solutions, platform screen doors, rail maintenance vehicles, marine engineering equipment, and component products for various applications. The company's products for rolling stock and railways include EMU, locomotive, and mass transit systems; and components products consist of semiconductors, resistors, reactors, radiators, sensors, power capacitors, and heatsinks. Its energy and industrial products comprise marine engineering, electric vehicle, and inverter and converter systems, as well as provides railway maintenance and construction machines. The company was formerly known as Zhuzhou CSR Times Electric Co., Ltd. and changed its name to Zhuzhou CRRC Times Electric Co., Ltd. in March 2016. The company was incorporated in 2005 and is based in Wanchai, Hong Kong. Zhuzhou CRRC Times Electric Co., Ltd. is a subsidiary of CRRC Zhuzhou Institute Co., Ltd.

Key trends

Past 5 years