CRRC Corporation's operating costs 2017-2021, by category

Published by
Wenyi Zhang,
Jan 3, 2024
In 2021, the company's cost of materials amounted to just above 151.5 billion yuan, which accounted for about 85 percent of the total operating expenses. In that year, the employment cost reached 10 billion yuan.

CRRC Corporation's operating costs from 2017 to 2021, by category (in billion yuan)

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Release date

April 2022

Region

China

Survey time period

2017 to 2021

Supplementary notes

CRRC Corporation, a world's leading rolling stock manufacturer, was founded in June 2015 by the merger of China CNR Corporation and CSR Corporation.

1 yuan equals around 0.1569 U.S. dollars and 0.1388 euro (as of December 2021).
Values have been rounded.

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