---
title: "China Railway Group First-Quarter Profit Drops as Revenue and Cash Flow Weaken"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284589815.md"
description: "China Railway Group reported a weak first quarter for 2026, with revenue down 5.46% year-on-year to RMB 235.0 billion and net profit attributable to shareholders dropping 27.65% to RMB 4.36 billion. Operating cash flow remained negative at RMB -86.43 billion, indicating ongoing working capital strain. Despite a 1.86% decline in total assets, owners’ equity rose by 0.87%. Analysts rate the stock as a Buy with a price target of HK$5.30. The company is a major player in China's infrastructure and construction sector, focusing on railway and transportation projects."
datetime: "2026-04-29T13:55:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284589815.md)
  - [en](https://longbridge.com/en/news/284589815.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284589815.md)
---

# China Railway Group First-Quarter Profit Drops as Revenue and Cash Flow Weaken

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

China Railway Group ( (HK:0390) ) has issued an announcement.

China Railway Group reported a weak first quarter for 2026, with revenue falling 5.46% year-on-year to RMB 235.0 billion and profit before tax down 19.64%. Net profit attributable to shareholders dropped 27.65% to RMB 4.36 billion, while earnings per share declined in tandem and net profit excluding non-recurring items fell almost 30%, underscoring pressure on underlying profitability.

Operating cash flow remained deeply negative at RMB -86.43 billion, widening from the prior year’s outflow and highlighting ongoing working capital strain in the group’s project-heavy business model. Total assets edged down 1.86% from year-end 2025, though owners’ equity attributable to shareholders rose modestly by 0.87%, suggesting some balance-sheet resilience despite the earnings deterioration.

The most recent analyst rating on (HK:0390) stock is a Buy with a HK$5.30 price target. To see the full list of analyst forecasts on China Railway Group stock, see the HK:0390 Stock Forecast page.

**More about China Railway Group**

China Railway Group Limited is a major Chinese infrastructure and construction conglomerate focused on railway and transportation engineering projects. The company operates across large-scale civil engineering, construction contracting and related services, positioning it as a key player in China’s transport infrastructure development and associated capital projects.

**Average Trading Volume:** 39,969,773

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$137.9B

See more data about 0390 stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [00390.HK](https://longbridge.com/en/quote/00390.HK.md)
- [601390.CN](https://longbridge.com/en/quote/601390.CN.md)

## Related News & Research

- [How Algeria could help China plug iron ore gaps and gain pricing power](https://longbridge.com/en/news/270910540.md)
- [Annual road tax to be explored in Guernsey](https://longbridge.com/en/news/286644262.md)
- [03:42 ETSWJTU lays tracks for unified rail future](https://longbridge.com/en/news/286526531.md)
- [Godrej Properties completes handover of 500+ plots at Forest Estate, Nagpur, with the first Nagpur edition of its signature handover IP, Shubh Aarambh](https://longbridge.com/en/news/286769958.md)
- [Karbon-X and Evertrak Sign Letter of Intent to Advance Infrastructure-Linked Plastic Waste Reduction Credit Initiative | KARX Stock News](https://longbridge.com/en/news/286950981.md)