Chang Jiang&Jing Gong Steel Building (Group) Co Ltd
Chang Jiang&Jing Gong Steel Building (Group) Co Ltd provides construction and engineering services, primarily generating revenue through project-based contracts in the industrial and commercial sectors.
Business. Chang Jiang&Jing Gong Steel Building (Group) Co Ltd (600496.SS) is a Chinese industrial company engaged in the construction and engineering sector. The firm is headquartered in China and operates within the Industrial & Commercial Services industry group. It is primarily listed on the Shanghai Stock Exchange. Specific details regarding operating segments and geographic revenue mix are not available.
Analyst recommendations
3 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
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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
Chang Jiang&Jing Gong Steel Building (Group) Co Ltd (600496.SS) is a Chinese industrial company engaged in the construction and engineering sector. The firm is headquartered in China and operates within the Industrial & Commercial Services industry group. It is primarily listed on the Shanghai Stock Exchange. Specific details regarding operating segments and geographic revenue mix are not available.
The company maintains a debt-to-equity ratio of 0.49, indicating a relatively conservative capital structure. However, its liquidity position is assessed as medium, with negative net cash after subtracting total debt. Free cash flow stands at 363.31 million CNY, while operating cash flow is 789.44 million CNY, suggesting moderate cash generation capacity.
Profitability metrics show a return on equity (ROE) of 6.44% and a return on assets (ROA) of 2.14%. These figures are below the industry median for ROE and ROA, indicating that the company is underperforming in terms of capital efficiency and asset utilization.
The company's revenue is concentrated in the construction and engineering services segment, with no disclosed geographic diversification. This concentration increases exposure to regional economic fluctuations and regulatory changes. No material revenue is attributed to international operations.
Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or contraction projected in the next fiscal year. Historical revenue data shows a consistent but modest performance, with no sharp increases or declines in the recent period.
The risk assessment highlights a medium liquidity risk and a low dilution risk. The company has not issued new shares recently, and there is no indication of imminent dilution. However, the negative net cash position and reliance on debt financing could pose challenges in the event of a liquidity crunch.
Recent filings and transcripts do not indicate any major strategic shifts or operational disruptions. The company continues to operate within its core construction and engineering services, with no new product lines or market expansions disclosed in the latest reports.
- The company maintains a conservative capital structure with a debt-to-equity ratio of 0.49.
- ROE and ROA are below industry medians, indicating suboptimal capital and asset efficiency.
- Revenue is concentrated in a single segment, increasing exposure to sector-specific risks.
- Analysts project a stable revenue trajectory with no significant growth or contraction expected.
- Liquidity risk is moderate, and dilution risk is low, with no recent share issuance activity.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,33 |
| Revenue | —no estimate | —no estimate | 22,8B CNY |
| Operating income | —no estimate | —no estimate | 691,8M CNY |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Chang Jiang&Jing Gong Steel Building (Group) Co Ltd Market data — financials · 2026-05-27
- Chang Jiang&Jing Gong Steel Building (Group) Co Ltd Market data — analyst estimates · 2026-05-27
Ownership & reference
Leadership
- Songyan CheSenior Vice President