Zhuzhou CRRC Times Electric (688187) Stock Price, Fundamentals & Analysis

What 688187 does

Zhuzhou CRRC Times Electric (688187) is a Chinese industrial company listed on the Shanghai Stock Exchange that designs and builds propulsion and control systems for rail transit and related infrastructure. Its product range spans traction converters, power supply systems, urban rail vehicle doors, braking systems, communication and signaling systems, and electromechanical integration, as well as rail maintenance equipment such as heavy-duty motor trolleys, OCS operating vehicles, and large track maintenance machinery. Beyond rail, the company supplies new energy products including wind power inverters, PV inverters, storage systems, and hydrogen power supplies, along with industrial components such as power semiconductor devices and sensors.

Key numbers explained

• Price and daily change: The stock trades at 44.4 CNY, down 2.99% today, reflecting short-term market movement.
• Market capitalization: At 59.08 billion CNY, the company is categorized as a large-cap stock.
• Valuation ratios: The trailing P/E ratio is 14.7, while the forward P/E ratio (based on expected earnings) is 12.4, suggesting the market anticipates earnings growth.
• Earnings per share: Trailing 12-month EPS is 3.03 CNY.
• Dividend yield: The dividend yield is 4.77%, with an ex-dividend date of 7 August 2026. Approximately 47% of earnings are paid out as dividends.
• Risk profile: The beta is 0.12, indicating low volatility relative to the broader market.
• Price range: The 52-week range is 44.22 – 69.27 CNY, with a one-year price change of -14.2%.
• Profitability: The company reports a profit margin of 14%, operating margin of 15.8%, and return on equity of 9.5%.
• Leverage: The debt-to-equity ratio is 1.2%, and the price-to-book ratio is 1.39.

What to watch

As an industrial stock in the railroads sector, Zhuzhou CRRC Times Electric is sensitive to infrastructure spending cycles, government rail investment policies, and global supply chain dynamics for components. Its diversification into new energy (wind, solar, hydrogen) exposes it to the broader clean energy transition trends, while its industrial and component segments tie it to manufacturing and automotive cycles. Given its low beta, the stock may be less volatile than peers, but investors should monitor order backlog, policy changes in rail subsidies, and raw material costs.

For comparison, peers like Ningbo Deye Technology (605117) and MingYangSmartEnergyGroup (601615) operate in related sectors, while Jiangsu Hengli Hydraulic (601100) provides context for industrial component suppliers.