Tianjin Construction Development Group Co., Ltd. Class H

Tianjin Construction Development Group Co., Ltd. Class H

HHKEX:2515
5.48
HKD
-0.28
(-4.94%)
363.57MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.43
1.27
1.33
1.48
1.52
1.13
- -
Basic EPS, GAAP
0.03
0.19
0.16
0.19
0.11
-0.22
- -
Free Cash Flow per Basic Share
-0.01
0.04
0.01
-0.16
-0.53
0.15
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.37
0.56
0.73
1.04
1.52
1.3
1.11
Tangible Book Value per Share
0.37
0.56
0.73
1.04
1.52
1.3
1.11
Basic Weighted Avg Shares
216
216
216
216
199
216
216
Sales/Revenue/Turnover
92
275
288
319
303
244
- -
Operating Margin (%)
7.18
17.11
16.84
16.14
12.24
-6.53
- -
Depreciation Expense
2
3
3
4
5
5
- -
Net Income, GAAP
7
41
35
41
22
-49
- -
Effective Tax Rate (%)
3.5
13.04
10.43
12.57
9.06
- -
- -
Profit Margin (%)
7.96
15.06
12.19
12.85
7.19
-19.86
- -
Working Capital
25
69
100
160
261
217
285
LT Debt
- -
- -
- -
- -
2
3
3
Total Equity
79
122
157
225
329
280
345
Return on Invested Capital (%)
- -
38.81
23.04
19.58
7.47
- -
- -
Return on Capital (%)
- -
41.17
25.18
20.56
7.53
- -
- -
Return on Common Equity (%)
- -
41.17
25.18
21.48
7.85
-15.93
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
33
19
27
LT Borrowings
- -
- -
- -
LT Finance Leases
2
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
216
216
311
Market Capitalization
102
178
315

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
573
583
618
Cash, Cash Equivalents & STI
11
26
62
Accounts Receivable, Net
260
238
248
Inventories
1
1
3
Total Current Liabilities
312
366
334
Payables & Accruals
- -
- -
- -
ST Debt
33
19
27
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
31.41%
-14.76%
Free Cash Flow
- -
-375.57%
-130.58%
Net Income, GAAP
- -
18.94%
-323.15%
Sales/Revenue/Turnover
- -
37.73%
-19.21%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
303
2025
- -
- -
244
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.11
2025
- -
- -
-0.22
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Kuanghua Zhao
Full Time Employees
147
Sector
Industrial services
Industry
Engineering & construction
Address
No. 112, Dongting Road Tianjin TI China
IPO Date
Apr 23, 2024
Website
tjcdg.com
Business
Tianjin Construction Development Group Co., Ltd. (2515.HK) provides comprehensive civil engineering construction services in China, primarily focused on municipal public construction works including road construction and traffic facilities construction; foundation works including foundation construction and earthworks; building construction related works including building renovation, decoration, and intelligent building construction; and petrochemical engineering works including filling station upgrading and renovation, pipe installation, and oil tank overhaul projects. The company leverages its self-developed Jiexiao System, a construction management software for cost monitoring, progress measurement, and resource tracking, to deliver services to government authorities, state-owned enterprises, and private enterprises mainly in Tianjin. Founded in 2010 and headquartered at No. 112 Dongting Road, Economic and Technological Development Zone, Binhai New Area, Tianjin, PRC, it operates as a subsidiary of Shengyuan Group Holdings (Tianjin) Co., Ltd. and listed its H shares on the Hong Kong Stock Exchange on April 23, 2024, raising net proceeds of approximately HK$92.2 million to fund project costs, branch expansions, R&D enhancements, potential acquisitions in petrochemical and new energy sectors, and working capital. In June 2024, the company established a branch office in Xi'an to expand construction business into Shaanxi province; as of June 30, 2024, it maintains 33 ongoing projects with a total contract value of RMB343.9 million and employs 114 staff, with no material acquisitions or disposals reported for the first half of 2024.