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Daqin Railway Co., Ltd. (China)

Main Activities: Rail Transportation
Full name: Daqin Railway Co., Ltd. Profile Updated: March 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Daqin Railway Co., Ltd is a Chinese joint-stock company that operates as the main backbone of the national railway network. The company is responsible for managing three main railway lines, namely Jingbao, Beitongpu, and Daqin, as well as four branch lines, including Kouquan, Yungang, Ningke, and Pingshuo. These lines connect with four local railways, namely Shenshuo, Dazhun, Ningjing, and Jigang, spanning across the provinces of Shanxi, Hebei, Beijing, and Tianjin. Daqin Railway is known for its Daqin railway line, which is a single-track electrified heavy-duty coal transportation line. It serves as the main channel for transporting coal from Shanxi, Shaanxi, and western Inner Mongolia. The company's main customers include major coal enterprises in the central and western regions of China, the four major national power grids, the five major power generation groups, the top ten steel companies, and numerous industrial and mining enterprises. The company is equipped with advanced heavy-duty technology equipment, including HXD high-power electric locomotives, CRH5 high-speed trains, C80 dedicated coal transport cars, and a range of advanced systems such as the CTC dispatching system, LOCOTROL locomotive synchronous control system, "5T" vehicle testing system, ZPW-2000 automatic block system, and GSM-R digital communication system. Daqin Railway is at the forefront of railway modernization in China.

Headquarters
14 Zhanbei St. Datong Shanxi
Datong; Shanxi; Postal Code: 037005

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Website: http://www.daqintielu.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 28, 2004
Key Executives
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Director
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Director
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Director
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Director
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General Manager
Ownership Details
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60.64%
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3.56%
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1.3%
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1.3%
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1.03%
Subsidiaries
Daqin Railway Economic and Trade Development Co., Ltd.
100%
Shanxi Houyu Railway Co., Ltd.
92.5%
Shanxi Zhongding Railway Freight Logistics Co., Ltd.
83.64%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
3.46%
Total operating revenue
3.43%
Operating profit (EBIT)
2.8%
EBITDA
2.91%
Net Profit (Loss) for the Period
2.9%
Total assets
1.94%
Total equity
6.52%
Operating Profit Margin (ROS)
-0.17%
Net Profit Margin
-0.11%
Return on Equity (ROE)
-0.29%
Debt to Equity Ratio
-3.9%
Quick Ratio
0.92%
Cash Ratio
0.79%

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