Want to see HK:1786 full AI Analyst Report?
Top Page
CRCC High-Tech Equipment
(1786)
Select Model
Select Model
Rating:69Neutral
Price Target:
HK$0.69
▼(-22.58% Downside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by stable solvency and a conservatively levered balance sheet, plus attractive valuation (low P/E and high dividend yield). These positives are tempered by inconsistent cash generation—especially the steep free-cash-flow deterioration in 2025—and only modest, thin-margin profitability. Technicals are mixed, with improving near-term momentum but a weaker longer-term trend.
Positive Factors
Conservative Balance Sheet
Conservative leverage and a sizable equity base provide financial resilience for an equipment business exposed to project timing. Low debt relative to equity preserves borrowing capacity and reduces the risk that financing obligations restrict investment or operations through the next several quarters.
Negative Factors
Weak Cash Conversion
Free cash flow fell about 82.6% year over year in 2025, while operating cash flow also dropped to a low level. This weakens cash conversion visibility, can make internally funded investment less dependable, and leaves results more exposed to working-capital swings across project cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Conservative leverage and a sizable equity base provide financial resilience for an equipment business exposed to project timing. Low debt relative to equity preserves borrowing capacity and reduces the risk that financing obligations restrict investment or operations through the next several quarters.
Read all positive factors
CRCC High-Tech Equipment (1786) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$957.53M
Dividend Yield5.24%
Average Volume (3M)92.99K
Price to Earnings (P/E)5.6
Beta (1Y)0.52
Revenue Growth15.93%
EPS Growth13.17%
CountryHK
Employees1,792
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.10
Shares Outstanding531,900,000
10 Day Avg. Volume66,810
30 Day Avg. Volume92,986
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)0.20
Price to Sales (P/S)0.36
P/FCF Ratio29.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CRCC High-Tech Equipment Business Overview & Revenue Model
Company Description
CRCC High-Tech Equipment Corporation Limited (CRCCE) focuses on the development, manufacturing, and global distribution of specialized heavy-duty machinery for railway track upkeep, catering to markets in Mainland China and internationally. Its di...
How the Company Makes Money
The company primarily makes money by selling and/or providing high-tech construction-related equipment and associated services to customers involved in infrastructure and engineering projects (including entities within the broader CRCC group). Rev...
CRCC High-Tech Equipment Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
78
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.50B | 3.44B | 3.12B | 3.10B | 2.82B | 2.19B |
| Gross Profit | 568.08M | 598.52M | 589.70M | 400.14M | 663.25M | 545.00M |
| EBITDA | 267.76M | 255.81M | 230.97M | 285.37M | 219.66M | 157.41M |
| Net Income | 146.34M | 143.89M | 128.21M | 145.04M | 115.64M | 50.38M |
Balance Sheet | ||||||
| Total Assets | 10.00B | 9.36B | 9.15B | 9.06B | 8.58B | 8.27B |
| Cash, Cash Equivalents and Short-Term Investments | 1.84B | 1.76B | 1.75B | 1.46B | 1.16B | 1.18B |
| Total Debt | 566.31M | 666.98M | 16.09M | 20.00M | 21.91M | 1.03B |
| Total Liabilities | 3.62B | 3.15B | 3.08B | 3.18B | 2.66B | 2.39B |
| Stockholders Equity | 6.34B | 6.18B | 6.04B | 5.86B | 5.90B | 5.88B |
Cash Flow | ||||||
| Free Cash Flow | 392.75M | 41.23M | 256.35M | 58.34M | -31.71M | -543.95M |
| Operating Cash Flow | 407.24M | 54.18M | 283.18M | 86.57M | 22.44M | -407.91M |
| Investing Cash Flow | -50.53M | 350.97M | -568.99M | 244.81M | -49.07M | -118.99M |
| Financing Cash Flow | -44.05M | -41.55M | -26.43M | -37.85M | -240.62K | 0.00 |
CRCC High-Tech Equipment Technical Analysis
Negative
0.89
Price Trends
0.69
Negative
0.70
Negative
0.76
Negative
Market Momentum
-0.02
Positive
39.13
Neutral
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1786, the sentiment is Negative. The current price of 0.89 is above the 20-day moving average (MA) of 0.66, above the 50-day MA of 0.69, and above the 200-day MA of 0.76, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.13 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1786.
CRCC High-Tech Equipment Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$207.41B | 9.08 | 11.50% | 3.93% | -6.48% | 30.99% | |
70 Outperform | HK$23.44B | 16.23 | 4.61% | 4.74% | ― | ― | |
69 Neutral | HK$56.96B | 7.16 | 9.72% | 5.12% | 13.79% | 14.07% | |
69 Neutral | HK$957.53M | 5.55 | 2.34% | 5.24% | 15.93% | 13.17% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | HK$55.73B | 15.80 | 7.16% | 6.59% | 5.74% | 4.38% | |
52 Neutral | HK$2.16B | 27.94 | 7.59% | 1.22% | 24.03% | 7.69% |
* Industrials Sector Average
HK:1786
CRCC High-Tech Equipment
0.63
-0.28
-30.39%
HK:3969
China Railway Signal & Communication
2.97
-0.25
-7.66%
HK:0525
Guangshen Railway Company
2.18
<0.01
0.37%
HK:0066
MTR
33.32
5.95
21.74%
HK:3898
Zhuzhou CRRC Times Electric Co
25.66
-12.49
-32.74%
HK:2169
Canggang Railway Limited
0.54
-0.28
-34.15%
CRCC High-Tech Equipment Corporate Events
CRCC High-Tech Equipment Posts Modest H1 2026 Growth, Sets Tech-Focused Path
Aug 27, 2026
CRCC High-Tech Equipment reported unaudited interim revenue of RMB1,789.00 million for the first half of 2026, a 3.29% year-on-year increase, with profit attributable to owners rising 3.55% to RMB69.09 million, indicating steady operational improv...
CRCC High-Tech Equipment Sets Date to Approve 2026 Interim Results
Jul 31, 2026
CRCC High-Tech Equipment Corporation Limited, a PRC-based joint stock company listed in Hong Kong, specializes in high-tech equipment for rail and infrastructure markets. Through its subsidiaries, it provides advanced manufacturing solutions that ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.