China Railway Group reports strong half-year performance for 2025

China Railway Group Limited reported total assets of 2,376,651,387 thousand yuan at the end of the first half of 2025, a 5.33% increase from the previous year. The company achieved 511,093,310 thousand yuan in operating revenue, with net profit attributable to shareholders reaching 11,826,602 thousand yuan, despite a 17.17% decrease from the prior year. The asset-liability ratio stood at 78.09%. New contract value grew by 2.8% to 1,108,690 million yuan, with overseas contracts surging by 51.6%.

The company actively managed its capital structure, with significant changes in equity. Restricted shares decreased by 52,305,921 shares, while unrestricted shares increased by 51,449,722 shares. Notable half-year activities included the issuance of new perpetual bonds totaling 7,500,000 thousand yuan and the repurchase and cancellation of 856 thousand restricted shares.

Furthermore, China Railway Group disclosed external guarantees in Q2 2025, amounting to 1,441 million yuan, within the approved budget of 203,678 million yuan for H2 2024 to H1 2025. The total outstanding guarantee amount as of June 30, 2025, was 92,245 million yuan, with no overdue guarantees. The company's financial company, China Railway Finance Co., Ltd., reported total assets of 95,645 million yuan, net profit of 449 million yuan, and all regulatory indicators meeting requirements.