603929.Ss
The company operates in the construction and engineering industry, generating revenue primarily through industrial and commercial services.
Business. The company operates in the construction and engineering industry, generating revenue primarily through industrial and commercial services.
Analyst recommendations
2 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
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- 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
The company operates in the construction and engineering industry, generating revenue primarily through industrial and commercial services.
The company maintains a strong capital structure with no long-term debt and a debt-to-equity ratio of 0.0, indicating a conservative leverage position. Its liquidity is reflected in a current ratio of 1.68, supported by operating cash flow of 1.67 billion CNY and free cash flow of 461.95 million CNY. However, the cash and equivalents balance is relatively low at 1.93 million CNY, suggesting limited short-term liquidity reserves.
Profitability metrics show a return on equity of 38.72% and a return on assets of 16.55%, both exceeding typical industry benchmarks for construction and engineering firms. The operating margin is 21.58% (calculated from operating income of 1.06 billion CNY on revenue of 4.91 billion CNY), indicating strong operational efficiency. The gross margin of 24.57% (calculated from gross profit of 1.21 billion CNY) also suggests effective cost control.
The company's revenue is not segmented by geographic region or business line in the available data, so it is not possible to assess geographic or segment concentration. However, the absence of disclosed revenue concentration suggests a diversified exposure, which is a positive signal for risk management.
The company's growth trajectory is not explicitly outlined in the available data, but the strong operating and free cash flow generation suggests a stable and potentially growing business. Analysts have provided a mean price target of 236.53 CNY, with a mean recommendation of 1.50, indicating a generally positive outlook.
Risk factors are minimal, with no immediate liquidity or dilution flags detected. The company has no long-term debt and no dilution risk from shares outstanding, with both basic and diluted shares at 213.36 million. The absence of dilution risk and strong liquidity position contribute to a low overall risk profile.
Recent events include analyst estimates and price targets, with a median price target of 236.53 CNY and a mean recommendation of 1.50. No recent filings or transcripts are available in the provided data to indicate material changes in the company's operations or strategy.
- The company has a strong capital structure with no long-term debt and a high return on equity of 38.72%.
- Operating and free cash flow are robust, indicating strong operational efficiency and financial flexibility.
- Analysts have a generally positive outlook, with a mean price target of 236.53 CNY and a mean recommendation of 1.50.
- The company has no immediate liquidity or dilution risks, contributing to a low overall risk profile.
- The absence of disclosed revenue concentration suggests a diversified business model.
Bull / Bear case
analysis pipelineIn 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 | 8,21 |
| Revenue | —no estimate | —no estimate | 8,6B CNY |
| Operating income | —no estimate | —no estimate | 873,0M 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
- No immediate filing-based liquidity or dilution flags were detected.
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
- 603929.SS Market data — financials · 2026-05-27
- L&K Engineering Suzhou Co Ltd Market data — analyst estimates · 2026-05-27