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002061.SZ Shenzhen Stock Exchange Unclassified

Zhejiang Communications Technology Co Ltd

¥3,71
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Mcap
9,9B CNY
P/E
9,7x
EV / Rev
0,5x
Div yield
3,13 %
Op margin
4,0 %
ROE
8,5 %
Net margin
2,8 %
Debt / equity
0,90
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Zhejiang Communications Technology Co Ltd is a construction and engineering firm operating in the Industrials sector, generating revenue through infrastructure and communication technology projects.

Business. Zhejiang Communications Technology Co Ltd is a construction and engineering firm operating in the Industrials sector, generating revenue through infrastructure and communication technology projects.

Classification20 %
SectorUnclassified
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
9,7x
P/E
Analysts
not yet wired
Ownership
not yet wired
Profitability
8,5 %
return on equity
Quality
not yet scored

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.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 002061.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 002061.SZ. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Zhejiang Communications Technology Co Ltd is a construction and engineering firm operating in the Industrials sector, generating revenue through infrastructure and communication technology projects.

    Classification20 %
    SectorUnclassified
    AI synthesis
    GENERATED
    — missing data
    Key takeaways
    • The company operates with high leverage (debt-to-equity 0.9) and tight liquidity (current ratio 1.02), resulting in medium liquidity risk.
    • Profitability is thin, with a gross margin of ~7.5% and ROE of 8.5%, consistent with capital-intensive construction sectors.
    • Valuation multiples are low (P/E 6.98, P/B 0.59), reflecting the market's discount for high asset heaviness and low growth visibility.
    • Dilution risk is low, as basic and diluted share counts are identical.
    • Negative net cash position after debt subtraction is a key financial flag requiring monitoring.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 2

    Capital expenditure intensity is lower than the cohort median, suggesting more efficient capital deployment relative to revenue.

    Dilution risk is assessed as low, providing relative stability for existing shareholders regarding equity structure.

    BEAR CASE · 2

    Credit risk is flagged as high, indicating potential vulnerabilities in the company's financial health or counterparty exposure.

    Liquidity risk is rated as medium, suggesting potential challenges in meeting short-term financial obligations comfortably.

    In focus — financials by report

    Annual
    ANNUALFiled 2024-04-29
    FY 2024 · Full-year highlights

    Revenue ¥46.05B, −1,2% YoY; Operating income −13,9% YoY.

    Revenue¥46.05B−1,2 % YoY
    Operating income¥1.83B−13,9 % YoY
    Net income¥1.35B−13,3 % YoY
    Free cash flow¥313.8M−48,9 % YoY
    EPS
    Operating cash flow¥571.4M−44,1 % YoY
    Financials
    Income statement
    Revenue¥46.05B
    Gross profit¥3.70B
    Operating income¥1.83B
    Net income¥1.35B
    Margins
    Gross margin8.0%
    Operating margin4.0%
    Net margin2.9%
    FCF margin0.7%
    Balance sheet
    Total assets¥69.36B
    Total liabilities¥55.16B
    Total equity¥14.20B
    Cash & equivalents
    Long-term debt¥14.03B
    Cash flow
    Operating cash flow¥571.4M
    CapEx-¥941.9M
    Free cash flow¥313.8M
    SBC
    P&L flow · revenue → net income
    Revenue ¥46.41BOperating costs ¥44.94BFinance ¥373.0MNet income ¥964.3M
    Highlights
    • Revenue ¥46.05B, −1,2% YoY
    • Operating income −13,9% YoY
    • Net income −13,3% YoY
    • Free cash flow −48,9% YoY
    • Net margin 2.9%

    Valuation FY

    Market price
    ¥3,71
    Market cap
    ¥9.39B
    Enterprise value
    ¥23.62B
    P/E
    9.7x
    Non-GAAP P/E
    EV / Revenue
    0.5x
    EV / Op income
    16.1x
    EV / OCF
    41.3x
    P / B
    0.6x
    P / Tangible book
    0.6x
    Tangible book
    ¥15.82B
    Net cash
    -¥14.23B
    Current ratio
    1.0
    Debt / equity
    0.9
    ROA
    1.6%
    ROE
    8.5%
    Cash conversion
    42.0%
    CapEx / revenue
    -1.9%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Infrastructure Construction
    low · llm_fanout_v2
    Telecom & Data Network Construction
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin4,0 %Below median
    Net Margin2,8 %Below median
    ROE8,5 %Above median
    Capex / Rev-1,9 %Above median
    D/E0,90Below median
    Cash Conv0,42Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    • Return On Assets
      net_income / total_assets
    • Price To Tangible Book
      market_price / (tangible_book_value / shares_outstanding_diluted)
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    Source documents
    • Zhejiang Communications Technology Co Ltd Market data — financials · 2026-07-12

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    002061.SZCanonical
    Shenzhen Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2024-04-29 20:14 UTCEARNINGSAnnual results — FY 2024 Revenue CNY 46.05B · Net CNY 1.35B
    2023-04-19 10:23 UTCEARNINGSAnnual results — FY 2023 Revenue CNY 46.58B · Net CNY 1.55B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage