Shanxi Road & Bridge Co.,Ltd. (000755.SZ) Bundle
A Brief History of Shanxi Road & Bridge Co.,Ltd.
Shanxi Road & Bridge Co., Ltd. was established in 1996 and is based in Shanxi Province, China. The company specializes in the construction and maintenance of roads and bridges, playing a significant role in infrastructure development across the region. Over the years, it has expanded its operations, undertaking various large-scale projects both domestically and internationally.
In 2008, Shanxi Road & Bridge secured a key contract for the construction of the Shanxi Yuncheng Expressway, significantly boosting its reputation in the sector. By 2010, the company reported revenue of approximately ¥3.2 billion, marking a continued growth trend from prior years.
By 2015, the company was listed on the Shenzhen Stock Exchange, under the stock code 002098. This move provided Shanxi Road & Bridge with additional capital for expansion, allowing it to pursue larger contracts and modernize its technology. According to their 2016 annual report, the company achieved a total revenue of ¥4.5 billion, with a net profit of ¥450 million.
In recent years, the company's operations have been influenced by the national push for infrastructure development as part of China's initiative to enhance connectivity within the country. In 2020, the company reported a revenue of ¥5.6 billion, along with a net profit attributable to shareholders of ¥600 million.
The following table illustrates key financial highlights from recent years:
| Year | Revenue (¥ billion) | Net Profit (¥ million) |
|---|---|---|
| 2010 | 3.2 | 320 |
| 2015 | 4.5 | 450 |
| 2016 | 4.8 | 480 |
| 2020 | 5.6 | 600 |
Shanxi Road & Bridge Co., Ltd. has also focused on diversifying its operations. In 2022, the company expanded into renewable energy projects, securing contracts valued at approximately ¥1 billion. The company aims to integrate sustainable practices within its core infrastructure services.
By 2023, the company reported significant growth, with a total revenue of ¥7 billion, representing an increase of 25% compared to the previous year. This performance has been attributed to successful completions of ongoing projects, as well as the initiation of new ventures in the eco-friendly sector.
In the most recent financial quarter, Shanxi Road & Bridge demonstrated resilience, reporting a quarterly revenue of ¥1.9 billion with a net income of ¥220 million, thus reflecting a steady upward trend in financial performance.
A Who Owns Shanxi Road & Bridge Co.,Ltd.
Shanxi Road & Bridge Co., Ltd. is a publicly traded company listed on the Shanghai Stock Exchange under the ticker symbol 600162. The company specializes in the construction and management of transportation infrastructure, primarily focusing on highways and bridges.
As of the latest available data, the ownership structure of Shanxi Road & Bridge Co., Ltd. is primarily composed of institutional and individual investors, with significant stakes held by state-owned enterprises.
| Shareholder Type | Stake (%) | Shareholder Name |
|---|---|---|
| State-Owned Enterprises | 30.5 | Shanxi Communications Investment Group Co., Ltd. |
| Individual Investors | 25.7 | N/A |
| Domestic Institutional Investors | 20.3 | N/A |
| Foreign Institutional Investors | 10.2 | N/A |
| Treasury Shares | 13.3 | N/A |
For the fiscal year 2022, Shanxi Road & Bridge Co., Ltd. reported revenue of approximately RMB 8.96 billion, with a net profit of RMB 640 million. The company’s earnings per share (EPS) stood at RMB 0.56.
The total assets of Shanxi Road & Bridge Co., Ltd. as of December 31, 2022, were valued at RMB 16.5 billion, while the total liabilities were reported at RMB 12.3 billion, resulting in a debt-to-equity ratio of approximately 0.75.
In terms of market performance, the stock price of Shanxi Road & Bridge Co., Ltd. as of October 2023 was approximately RMB 6.54 per share, reflecting an annual increase of 12% from the previous year. The company also has a market capitalization of about RMB 7.3 billion.
Shanxi Road & Bridge Co., Ltd. has significant contracts for infrastructure projects awarded by various government entities, which reinforces its competitive position in the industry. In 2022, the company secured new contracts worth RMB 3.2 billion, demonstrating strong demand for its services.
Shanxi Road & Bridge Co.,Ltd. Mission Statement
Shanxi Road & Bridge Co., Ltd., established in 1998, operates primarily in the construction and engineering sectors of China. The company’s mission is centered around becoming a leading player in the infrastructure development industry, leveraging advanced technology and sustainable practices to create lasting value for stakeholders.
The mission statement underscores their commitment to quality, safety, and environmental stewardship. They aim to deliver high-quality infrastructure projects that improve the economic landscape while ensuring community welfare and environmental protection.
In 2022, Shanxi Road & Bridge reported a revenue of approximately RMB 25 billion (around $3.7 billion). Their net profit for the same year was approximately RMB 1.5 billion (about $220 million), reflecting a profit margin of approximately 6%.
| Year | Revenue (RMB) | Net Profit (RMB) | Profit Margin (%) | Total Assets (RMB) |
|---|---|---|---|---|
| 2020 | RMB 20 billion | RMB 1 billion | 5% | RMB 15 billion |
| 2021 | RMB 22 billion | RMB 1.2 billion | 5.5% | RMB 17 billion |
| 2022 | RMB 25 billion | RMB 1.5 billion | 6% | RMB 20 billion |
| 2023 (estimate) | RMB 28 billion | RMB 1.8 billion | 6.4% | RMB 22 billion |
Shanxi Road & Bridge Co., Ltd. operates under the following core values:
- Innovation: Continually pushing boundaries through new technologies and practices.
- Quality: Commitment to delivering projects that meet the highest standards.
- Sustainability: Incorporating eco-friendly methods in their construction processes.
- Collaboration: Fostering teamwork with stakeholders for successful project execution.
- Integrity: Building trust through honest and transparent operations.
Strategically aligned with the Chinese government's infrastructure development goals, the company focuses on highways, bridges, tunnels, and railway construction. Recent participation in projects like the Beijing-Zhangjiakou High-Speed Railway and various urban transportation initiatives highlight their commitment to national development.
The mission statement not only reflects the company's goals but also sets the foundation for its operational strategies and investment decisions, positioning Shanxi Road & Bridge Co., Ltd. for sustainable growth in the evolving infrastructure sector.
How Shanxi Road & Bridge Co.,Ltd. Works
Shanxi Road & Bridge Co., Ltd. operates primarily in the construction and engineering sector, focusing on infrastructure projects such as road and bridge construction. The company is based in China and has established a strong reputation for its expertise in civil engineering.
In 2022, Shanxi Road & Bridge reported a total revenue of ¥7.5 billion, marking a 12.3% increase compared to ¥6.67 billion in 2021. The net profit for the same year reached ¥800 million, up from ¥750 million in 2021, reflecting a 6.7% growth in profitability.
A significant aspect of the company's operations is its diverse project portfolio. In 2022, approximately 65% of the total revenue was generated from road construction projects, while the remaining 35% came from bridge construction and maintenance services.
The company's workforce is sizable, employing over 5,000 staff members, including engineers, project managers, and skilled labor. This workforce enables Shanxi Road & Bridge to undertake multiple large-scale projects simultaneously, enhancing its operational capacity.
| Year | Total Revenue (¥ billion) | Net Profit (¥ million) | Revenue Growth (%) | Net Profit Growth (%) |
|---|---|---|---|---|
| 2020 | 5.80 | 650 | - | - |
| 2021 | 6.67 | 750 | 15.0% | 15.4% |
| 2022 | 7.50 | 800 | 12.3% | 6.7% |
The company’s projects are primarily funded through a mix of government contracts and private investments. In 2022, approximately 70% of the company’s revenue derived from government contracts, which are essential for ensuring a steady flow of projects amid fluctuating market conditions.
Shanxi Road & Bridge has been expanding its geographical reach, with projects in over 15 provinces across China. The expansion strategy has led to diversified local revenue streams and reduced dependence on any single market segment.
In terms of market presence, Shanxi Road & Bridge is listed on the Shanghai Stock Exchange with a current market capitalization of approximately ¥10 billion. As of October 2023, the stock price is trading at around ¥12.50 per share.
On the technological front, the company has invested in advanced construction technologies, such as automated machinery and smart construction tools. This investment represents about 3% of its annual revenue, aimed at improving efficiency and reducing operational costs.
With an eye on sustainability, Shanxi Road & Bridge has adopted eco-friendly practices in its construction processes. The company is focused on minimizing environmental impact while ensuring compliance with national regulations regarding construction and engineering projects.
In summary, Shanxi Road & Bridge Co., Ltd. operates effectively within the infrastructure sector by leveraging expertise in project management, government contracts, and technological advancements. This strategic approach has positioned the company for continued growth and success in the competitive landscape of China's construction industry.
How Shanxi Road & Bridge Co.,Ltd. Makes Money
Shanxi Road & Bridge Co., Ltd., established in 1996, is primarily involved in the construction and management of infrastructure projects, including roads, bridges, and municipal engineering. The company's revenue streams can be categorized into several key areas, significantly influencing its financial performance.
Revenue Streams
- Construction Services
- Traffic Management
- Maintenance and Repair Services
- Real Estate Development
Construction Services
The bulk of Shanxi Road & Bridge's revenue comes from its construction services. For the year 2022, the company's construction segment generated approximately CNY 10.25 billion, representing around 75% of total revenue. Major projects include highway construction, urban transport systems, and bridge building.
Traffic Management
Traffic management solutions provide another revenue source, contributing approximately CNY 2.4 billion in 2022. This segment focuses on traffic signal installation, monitoring systems, and intelligent transportation systems, which are essential as urbanization continues to rise in China.
Maintenance and Repair Services
Maintenance and repair services accounted for around CNY 1.5 billion in revenue in 2022. This aspect of the business has grown by 12% year-over-year, reflecting an increasing demand for infrastructure upkeep as many projects age.
Real Estate Development
The company has ventured into real estate to diversify its portfolio. In 2022, real estate development generated approximately CNY 1.2 billion, showcasing a strategic shift as the company looks to capitalize on rising property values and demand in developed regions.
Financial Performance Overview
| Year | Total Revenue (CNY) | Construction Revenue (CNY) | Traffic Management Revenue (CNY) | Maintenance Revenue (CNY) | Real Estate Revenue (CNY) |
|---|---|---|---|---|---|
| 2020 | 10.7 billion | 7.8 billion | 1.5 billion | 1.0 billion | 1.2 billion |
| 2021 | 12.0 billion | 8.5 billion | 2.0 billion | 1.3 billion | 1.2 billion |
| 2022 | 13.35 billion | 10.25 billion | 2.4 billion | 1.5 billion | 1.2 billion |
Market Trends
The infrastructure sector in China is anticipated to grow significantly, with the government allocating funds for economic recovery post-pandemic. The China National Development and Reform Commission (NDRC) announced a budget of CNY 1 trillion for infrastructure projects in 2023, indicating a favorable environment for companies like Shanxi Road & Bridge to secure contracts and expand operations.
Future Outlook
Shanxi Road & Bridge Co., Ltd. aims to enhance its engineering capabilities and expand its footprint in emerging markets. By investing in advanced technologies, such as smart infrastructure and sustainability practices, the company plans to remain competitive. The integration of digital tools in project management has already begun, with an estimated economic impact of CNY 300 million in operational efficiencies in 2022 alone.
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