Company profile

Future of CRRC

#
Rank
470
| Quantumrun Global 1000

ugh the merger of CSR and CNR. It started with 175,700 employees and is the world’s biggest rolling stock producer.

Home Country:
Sector:
Industry:
Industrial Machinery
Website:
Founded:
2007
Global employee count:
183061
Domestic employee count:
Number of domestic locations:

Financial Health

Revenue:
$224137964000 CNY
3y average revenue:
$226791039000 CNY
Operating expenses:
$31299795000 CNY
3y average expenses:
$30926804000 CNY
Funds in reserve:
$25757746000 CNY
Market country
Revenue from country
0.90

Asset Performance

  1. Product/Service/Dept. name
    Railway equipment
    Product/Service revenue
    47320000000
  2. Product/Service/Dept. name
    Rapid transit vehicles and urban infrastructure
    Product/Service revenue
    9940000000
  3. Product/Service/Dept. name
    New businesses
    Product/Service revenue
    24600000000

Innovation assets and Pipeline

Global brand rank:
179
Investment into R&D:
$9684499000 CNY
Number of patents field last year:
448

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the industrials sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a vast swath of current and future products.

*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.

*3D printing (additive manufacturing) will increasingly work in tandem with future automated manufacturing plants drive down the costs of production even further by the early 2030s.

*As augmented reality headsets become popularized by the late 2020s, consumers will begin replacing select types of physical goods with cheap-to-free digital goods, thereby reducing general consumption levels and revenue, per consumer.

*Among millennials and Gen Zs, the growing cultural trend towards less consumerism, towards investing money into experiences over physical goods, will also lead to a minor reduction in general consumption levels and revenue, per consumer. However, a growing global population and the increasingly wealthy African and Asian nations will make up for this revenue shortfall.

COMPANY’S FUTURE PROSPECTS

Company Headlines