300649.Sz
300649.SZ operates in the construction and engineering industry, providing industrial and commercial services, primarily generating revenue through project-based contracts and service delivery.
Business. 300649.SZ operates in the construction and engineering industry, providing industrial and commercial services, primarily generating revenue through project-based contracts and service delivery.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
300649.SZ operates in the construction and engineering industry, providing industrial and commercial services, primarily generating revenue through project-based contracts and service delivery.
The company's capital structure is characterized by a market price of 21.12 CNY per share and a market cap of 2,796,638,782.08 CNY, with a price-to-book ratio of 6.2 and a price-to-tangible-book ratio of 6.2. The debt-to-equity ratio is 0.14, indicating a relatively low level of leverage, while the current ratio of 1.28 suggests moderate short-term liquidity. However, the operating cash flow is negative at -111,770,680 CNY, and the free cash flow is also negative at -105,878,880 CNY, signaling potential liquidity constraints.
Profitability metrics show a return on equity of -9.25% and a return on assets of -4.85%, both significantly below the industry median for construction and engineering firms. The company reported a net loss of 41,707,760 CNY and an operating loss of 35,434,800 CNY, indicating a challenging operating environment. Gross profit of 30,076,760 CNY is modest relative to revenue of 141,681,840 CNY, suggesting margin compression or cost overruns.
Geographically and segment-wise, the company's revenue concentration is not disclosed in the available data, but the construction and engineering industry is typically exposed to regional economic cycles and regulatory environments. The company's exposure to specific geographic or segment risks remains unclear without further breakdown.
The company's growth trajectory is uncertain, with no specific revenue growth or decline percentages provided in the outlook. However, the negative operating and free cash flows suggest a lack of momentum in revenue generation or cost control. The capital expenditure of -67,219,910 CNY indicates ongoing investment, but the negative cash flow from operations raises questions about the sustainability of such spending.
Risk factors include a medium liquidity risk, as the company has negative net cash after subtracting total debt. The dilution risk is assessed as low, with no immediate pressure from share issuance or dilution events. The company's financial performance and negative cash flows may limit its ability to withstand economic downturns or project delays.
Recent events, including filings and transcripts, are not detailed in the available data. However, the company's financial performance and liquidity position suggest a need for close monitoring of its operational and financial disclosures.
- The company is operating at a net loss with negative operating and free cash flows, indicating financial distress.
- The price-to-book ratio is high at 6.2, suggesting potential overvaluation relative to its book value.
- The return on equity and return on assets are both negative, indicating poor profitability and asset utilization.
- The company's liquidity position is moderate, but the negative net cash position raises concerns about short-term solvency.
- The construction and engineering industry is cyclical, and the company's exposure to regional and project-specific risks is not fully disclosed.
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- Net cash is negative after subtracting total debt.
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- 300649.SZ Market data — financials · 2026-05-26