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On March 30, China Railway and China railway construction successively released their 2020 annual reports
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During the reporting period, China Railway Group achieved a total operating revenue of 974.749 billion yuan, a year-on-year increase of 14.56%, and a net profit of 27.249 billion yuan, a year-on-year increase of 7.37%
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During the reporting period, CRCC achieved operating revenue of 910324763 thousand yuan, a year-on-year increase of 9.62%, and net profit of 25.708.7 billion yuan, a year-on-year increase of 13.64%
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The reports of the two major companies have successively announced the situation of their subsidiaries
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As the 25 secondary number subsidiaries under the two major construction central enterprises, China Railway No
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1 to No
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25 bureaus are also very strong
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RT rail transit takes the data of China Railway No
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1 to No
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25 bureaus in 2020 and compares them in terms of total assets, net assets and net profit
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Which one is better? China Railway is the first to the tenth Bureau of the former Ministry of railways, and China railway construction is the 11th Bureau after the former railway corps transferred to the Ministry of railways
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China Railway: China Railway Engineering Group Co., Ltd., formerly known as the General Administration of engineering and design of the Ministry of Railways of the people’s Republic of China, was established in March 1950
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In 1958, it was merged into the General Administration of capital construction of the Ministry of railways
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On July 1, 1989, it was established as China Railway Engineering Corporation
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Since May 2003, it has been under the management of the state owned assets supervision and Administration Commission of the State Council and is a large-scale backbone enterprise of the central government
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It was listed in Shanghai and Hong Kong on December 3 and 7, 2007 respectively
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Founded by China Railway Engineering Corporation, it covers railway, bridge, survey and design, real estate development, financial investment and other fields
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China Railway is the original Engineering Bureau of the Ministry of Railways and its own construction force
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China Railway Construction: China Railway Construction Group Co., Ltd., formerly known as the railway corps of the people’s Liberation Army, was established in July 1948 under the exclusive initiative of China Railway Construction Corporation
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It is mainly engaged in engineering contracting, integrating survey, design, investment and financing, construction, equipment installation, engineering supervision, technical consultation, foreign trade and economic cooperation
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Its business covers 31 countries except Taiwan Province Provinces and cities (autonomous regions), more than 20 countries and regions in the world
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Total assets from the perspective of total assets scale, there are 9 engineering bureaus with total assets scale of more than 50 billion yuan in China Railway No.1 bureau to No.25 Bureau
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China Railway No.4 Engineering Group Co., Ltd
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ranks first among the 25 engineering bureaus with total assets of 87.76 billion yuan, and China Railway No.2 Engineering Group Co., Ltd
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ranks second with total assets of 82.47 billion yuan
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The total assets of China Railway No.9 Engineering Group Co., Ltd
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and China Railway No.25 Engineering Group Co., Ltd
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did not exceed 20 billion yuan, ranking the second
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The competition among engineering bureaus is fierce
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Looking back at the comparison of total assets of China Railway No.1 bureau to No.25 Bureau in 2019, China Railway No.2 Bureau ranks first with total assets of 78.82 billion yuan, and China Railway No.4 Bureau ranks second with total assets of 64.99 billion yuan
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After a year of pursuit, China Railway No.4 Bureau has overtaken China Railway No.2 Bureau
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Net assets net assets refers to the net amount of an enterprise’s total assets minus liabilities
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It is an important indicator of an enterprise’s development, profitability and long-term solvency
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There are six engineering bureaus with net assets of more than 10 billion yuan in China Railway No.1 to No.25 Engineering Bureau
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China Railway No.4 Engineering Bureau ranks first with net assets of 16.14 billion yuan, followed by China Railway No.2 Engineering Bureau with net assets of 15.94 billion yuan
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The net assets of China Railway No.9 Engineering Group Co., Ltd
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and China Railway No.25 Engineering Group Co., Ltd
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are less than 3 billion, ranking lower
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Net profit net profit is the most critical index to measure the operation of an enterprise, representing the operating efficiency of the company
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As can be seen from the above table, there are five engineering bureaus with net profit of more than 1 billion yuan in 2020 of China Railway no.1-25 Bureau
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The net profit of China Railway No.4 bureau is 1.83 billion yuan, followed by China Railway No.11 Bureau, China Railway No.1 Bureau, China Railway No.12 Bureau and China Railway No.7 Bureau, with net profit of 1.36 billion yuan, 1.19 billion yuan, 1.07 billion yuan and 1.01 billion yuan respectively
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The net profit of China Railway No.9 Engineering Group Co., Ltd
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was negative, ranking lower
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The highest net profit in 2019 is 1.66 billion yuan of China Railway Fourth Engineering Group Co., Ltd
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There are four companies with a net profit of more than 1 billion, namely China Railway 4th Bureau, 11th Bureau, 12th Bureau and 1st Bureau
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There are two engineering bureaus whose net profit does not exceed 100 million yuan
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The net profit of China Railway 21 bureau is more than 80 million yuan, and that of China Railway 9 bureau is more than 40 million yuan
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Among the ten engineering bureaus belonging to China Railway Construction Corporation, the comprehensive strength of China Railway No.1 to No.10 Bureau, No.4 bureau is the strongest, and No.6 Bureau and No.9 bureau are relatively backward; among the fifteen engineering bureaus belonging to China Railway Construction Corporation, No.11 to No.25 Bureau, No.11 bureau is the strongest, and No.21 and No.20 bureau are relatively backward
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China Railway and China railway construction have made great contributions to the construction of China’s infrastructure, railways, highways, bridges, urban rail, etc
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we hope that they will continue to make persistent efforts, carry forward the spirit of digging roads in every mountain and building bridges in the face of water, continue to devote themselves to the development of China’s infrastructure, and become the business card of the world
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Source: RT rail transit
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The copyright belongs to the original author and the original source, if the original copyright owner does not agree
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