Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
601789.SS
SELLREMOVENingbo Construction Co., Ltd. · Industrials · China · $1.1B · Avg Vol: $41M/d
Ningbo Construction is a regional Chinese construction company. It operates in a highly commoditized, low-margin industry with no secular tailwinds or competitive advantages.
COMPANY DESCRIPTION
Ningbo Construction Co., Ltd. provides comprehensive construction services, including housing construction, municipal engineering, and architectural decoration. The company is a dominant regional contractor in Zhejiang Province, leveraging deep local relationships and a strong track record of public infrastructure projects. Its focus on regional urbanization and industrial park development drives steady project backlogs and stable revenue streams.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 3.2B | 3.4B | 3.1B | 3.2B | -0.6% |
| EPS | 0.04 | 0.04 | 0.04 | 0.03 | -12.0% |
| Shares | 1.1B | 1.1B | 1.1B | 1.1B | 0.0% |
| Debt | 598.7M | 695.8M | 934.7M | 1.2B | 24.8% |
| Equity | 748.9M | 709.1M | 736.3M | 679.0M | -3.2% |
| Op CF | 149.5M | 171.2M | 5.5M | -33.7M | -80.9% |
| Inv CF | -32.3M | -66.0M | -96.2M | 3.0M | — |
| Fin CF | 58.4M | 117.9M | 125.8M | 62.3M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 601789.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 601789.SS | Ningbo Construction Co., Ltd.(you) | $1.1B | 33 | SELL |
| 002135.SZ | Zhejiang Southeast Space Frame Co., Ltd. | $1.2B | 33 | SELL |
| 002140.SZ | East China Engineering Science and Technology Co., Ltd. | $1.1B | 32 | SELL |
| 000090.SZ | Shenzhen Tagen Group Co., Ltd. | $1.1B | 27 | SELL |
| 002989.SZ | Shenzhen Strongteam Decoration Engineering Co., Ltd. | $861M | 31 | SELL |
| 600284.SS | Shanghai Pudong Construction Co.,Ltd. | $859M | 30 | SELL |
| 300492.SZ | Huatu Cendes CO., LTD | $1.2B | 41 | HOLD |
| 002573.SZ | Beijing SPC Environment Protection Tech Co., Ltd. | $711M | 34 | SELL |
| 002062.SZ | Hongrun Construction Group Co., Ltd. | $1.5B | 28 | SELL |
| 600510.SS | Black Peony (Group) Co., Ltd. | $1.3B | 25 | SELL |
Peer medians: ROE 6.0% · P/E 34.8x · Gross margin 22.9%