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Companies 000927.SZ
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000927.SZ Shenzhen Stock Exchange Unclassified

China Railway Materials Co Ltd

¥2,68
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Mcap
16,2B CNY
P/E
24,8x
EV / Rev
0,5x
Div yield
1,82 %
Op margin
1,9 %
ROE
4,9 %
Net margin
1,3 %
Debt / equity
0,18
Beta
52w range
Volume
Day range
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About

China Railway Materials Co Ltd operates in the transportation infrastructure sector, generating revenue through industrial activities related to railway materials and construction support.

Business. China Railway Materials Co Ltd operates in the transportation infrastructure sector, generating revenue through industrial activities related to railway materials and construction support.

Classification20 %
SectorUnclassified
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
24,8x
P/E
Analysts
not yet wired
Ownership
not yet wired
Profitability
4,9 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 000927.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 000927.SZ. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    China Railway Materials Co Ltd operates in the transportation infrastructure sector, generating revenue through industrial activities related to railway materials and construction support.

    Classification20 %
    SectorUnclassified
    AI synthesis
    GENERATED

    China Railway Materials Co Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.18 and a current ratio of 1.85, indicating adequate short-term liquidity coverage. The company holds total assets of 20.2 billion CNY against total liabilities of 10.5 billion CNY, resulting in total equity of 9.7 billion CNY. Long-term debt stands at 1.8 billion CNY, which is modest relative to the equity base. However, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, suggesting that while leverage is low, cash conversion or working capital management may present constraints. Operating cash flow is 356 million CNY, while free cash flow is 533 million CNY, supported by capital expenditures of -138 million CNY.

    Profitability metrics indicate modest returns, with a return on equity (ROE) of 4.88% and a return on assets (ROA) of 2.35%. The company generated net income of 576 million CNY on revenue of 34.3 billion CNY, resulting in a net margin of approximately 1.68%. Gross profit was 2.0 billion CNY, yielding a gross margin of roughly 5.9%, while operating income was 754 million CNY, indicating an operating margin of about 2.2%. These margins are characteristic of capital-intensive infrastructure and materials businesses where volume drives revenue but compresses profitability. The valuation multiples reflect this profile, with a price-to-earnings ratio of 30.04 and an EV/EBITDA of 22.85, which are elevated relative to the low returns on capital. The price-to-book ratio is 1.47, and the EV-to-revenue ratio is 0.44, suggesting the market values the company primarily on its asset base and revenue scale rather than current earnings power.

    Key takeaways
    • The company exhibits low leverage with a debt-to-equity ratio of 0.18 but faces medium liquidity risk due to negative net cash after debt.
    • Profitability is modest with an ROE of 4.88% and ROA of 2.35%, reflecting the capital-intensive nature of the transportation infrastructure industry.
    • Valuation multiples are elevated, with a P/E of 30.04 and EV/EBITDA of 22.85, suggesting the market prices in future growth or asset value beyond current earnings.
    • Dilution risk is low, with no difference between basic and diluted shares outstanding, indicating stable equity structure.
    • Absence of segment and historical data limits the ability to assess revenue concentration and growth trends, requiring reliance on consolidated metrics.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 5

    Revenue grew 18.2% year-over-year to CNY 45.1 billion, demonstrating strong top-line expansion momentum in the latest period.

    Net income surged 24.4% year-over-year to CNY 571 million, outpacing revenue growth and indicating improving profitability efficiency.

    The company maintains a conservative debt-to-equity ratio of 0.18, significantly below the cohort median of 0.40.

    Long-term debt decreased substantially to CNY 1.78 billion in the most recent period, reducing leverage and interest obligations.

    Dilution risk is assessed as low, suggesting minimal threat to existing shareholder equity value from share issuance.

    BEAR CASE · 1

    Return on equity of 4.9% trails the cohort median of 7.9%, reflecting inefficient capital deployment relative to peers.

    In focus — financials by report

    Annual
    ANNUALFiled 2016-03-31
    FY 2016 · Full-year highlights

    Revenue ¥55.20B, −6,7% YoY; Operating income −22,6% YoY.

    Revenue¥55.20B−6,7 % YoY
    Operating income¥1.06B−22,6 % YoY
    Net income¥709.1M−27,4 % YoY
    Free cash flow¥749.0M+15,1 % YoY
    EPS
    Operating cash flow-¥544.4M−281,5 % YoY
    Financials
    Income statement
    Revenue¥55.20B
    Gross profit¥2.53B
    Operating income¥1.06B
    Net income¥709.1M
    Margins
    Gross margin4.6%
    Operating margin1.9%
    Net margin1.3%
    FCF margin1.4%
    Balance sheet
    Total assets¥28.16B
    Total liabilities¥19.44B
    Total equity¥8.72B
    Cash & equivalents
    Long-term debt¥3.99B
    Cash flow
    Operating cash flow-¥544.4M
    CapEx-¥180.8M
    Free cash flow¥749.0M
    SBC
    P&L flow · revenue → net income
    Revenue ¥34.32BOperating costs ¥33.56BFinance ¥34.6MNet income ¥575.9M
    Highlights
    • Revenue ¥55.20B, −6,7% YoY
    • Operating income −22,6% YoY
    • Net income −27,4% YoY
    • Free cash flow +15,1% YoY
    • Net margin 1.3%

    Valuation FY

    Market price
    ¥2,68
    Market cap
    ¥14.28B
    Enterprise value
    ¥16.06B
    P/E
    24.8x
    Non-GAAP P/E
    EV / Revenue
    0.5x
    EV / Op income
    21.3x
    EV / OCF
    P / B
    1.5x
    P / Tangible book
    1.5x
    Tangible book
    ¥9.75B
    Net cash
    -¥1.78B
    Current ratio
    1.9
    Debt / equity
    0.2
    ROA
    2.4%
    ROE
    4.9%
    Cash conversion
    -115.0%
    CapEx / revenue
    -0.5%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Mining Rail Products
    low · llm_fanout_v2
    Rail, Technologies, and Services
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin1,9 %Bottom quartile
    Net Margin1,3 %Below median
    ROE4,9 %Below median
    Capex / Rev-0,5 %Above P75
    D/E0,18Above median
    Cash Conv-1,15Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    8 tracked
    AssetTypeCommodityCountryRole
    Cangzhou China Railway Equipment Manufacture Material Co LtdSteel plantSteelChinaParent
    Cangzhou China Railway Equipment Manufacture Material Co Ltd. power projectPowerOil & GasChinaParent
    Cangzhou China Railway Equipment Manufacture Material Co Ltd. power projectPowerPowerChinaParent
    Cangzhou China Railway Equipment Manufacture Material Co Ltd. power projectPowerOil & GasChinaParent
    Cangzhou China Railway Equipment Manufacture Material Co Ltd. power projectPowerPowerChinaParent
    Cangzhou China Railway Equipment Manufacture Material Co Ltd. power projectPowerOil & GasChinaParent
    Cangzhou China Railway Equipment Manufacture Material Co Ltd. power projectPowerPowerChinaParent
    Hebei Zongheng Group Fengnan Iron and Steel Co LtdSteel plantSteelChinaParent
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Ev To Operating Income
      enterprise_value / operating_income
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Enterprise Value
      market_cap - net_cash
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Market Cap
      market_price * shares_outstanding_diluted
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    Source documents
    • China Railway Materials Co Ltd Market data — financials · 2026-07-06

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    000927.SZCanonical
    Shenzhen Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2016-03-31 17:54 UTCEARNINGSAnnual results — FY 2016 Revenue CNY 55.20B · Net CNY 709.1M
    2015-03-31 17:25 UTCEARNINGSAnnual results — FY 2015 Revenue CNY 59.14B · Net CNY 977.2M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage