Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Railway Group's retained earnings for the quarter that ended in Mar. 2026 was $31,455 Mil.
China Railway Group's quarterly retained earnings
increased
from Sep. 2025 ($29,784 Mil) to Dec. 2025 ($30,261 Mil) and
increased
from Dec. 2025 ($30,261 Mil) to Mar. 2026 ($31,455 Mil).
China Railway Group's annual retained earnings
increased
from Dec. 2023 ($25,364 Mil) to Dec. 2024 ($27,604 Mil) and
increased
from Dec. 2024 ($27,604 Mil) to Dec. 2025 ($30,261 Mil).
China Railway Group (OTCPK:CRWOF) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
China Railway Group Retained Earnings Historical Data
* Premium members only.
The historical data trend for China Railway Group's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $31,455 Mil mean?
China Railway Group (CRWOF) has a Retained Earnings of $31,455 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on China Railway Group and its competitors.
Is China Railway Group's Retained Earnings too high?
China Railway Group's current Retained Earnings is $31,455 Mil. Overall, China Railway Group has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Railway Group's Retained Earnings compare to PWR and FIX?
China Railway Group's Retained Earnings of $31,455 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Construction company?
A good Retained Earnings depends on the Construction industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on China Railway Group and its competitors. China Railway Group's current Retained Earnings is $31,455 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Group stock overvalued right now?
Based on GuruFocus' analysis, China Railway Group (CRWOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.52, compared to a current price of $0.44 — trading 15% below its estimated fair value. The current Retained Earnings is $31,455 Mil. China Railway Group's overall GF Score™ is 42/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For China Railway Group (CRWOF), the current Retained Earnings is $31,455 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Railway Group (CRWOF) Overvalued in 2026?
Based on GuruFocus' analysis, China Railway Group stock appears to be undervalued.
The current stock price of $0.44 is trading 15% below its estimated GF Value™ of $0.52.
GuruFocus considers China Railway Group to be Modestly Undervalued.
Key valuation signals for CRWOF:
Retained Earnings: $31,455 Mil
GF Value™: $0.52 vs. price of $0.44 (15% below fair value)
No single metric tells the full story. See the CRWOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.
42GF Score
Get the complete analysis for CRWOF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CRWOF has been successfully added to your 
