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Shanxi Installation Group Co., Ltd. Class H

Shanxi Installation Group Co., Ltd. Class H

HHKEX:2520
2.34
HKD
-0.04
(-1.68%)
2.99BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.61
9.96
9.63
10.54
8.91
7.67
- -
Basic EPS, GAAP
0.16
0.09
0.11
0.2
0.11
0.1
- -
Free Cash Flow per Basic Share
0.68
-0.11
-0.03
-0.25
0.23
-1.33
- -
Dividend per Share
0.02
0.14
0.02
0.33
0.25
0.33
- -
Book Value per Share
1.11
1.26
1.36
1.9
2.01
2.11
2.01
Tangible Book Value per Share
1.06
1.17
1.27
1.74
1.85
1.95
1.85
Basic Weighted Avg Shares
1,333
1,333
1,333
1,041
1,373
1,373
1,373
Sales/Revenue/Turnover
10,149
13,278
12,845
10,971
12,243
10,531
- -
Operating Margin (%)
5.84
4.93
5.07
3.77
3.54
4.62
- -
Depreciation Expense
71
100
97
- -
38
31
- -
Net Income, GAAP
216
125
151
206
154
138
- -
Effective Tax Rate (%)
20.31
11.37
5.8
8.69
6.77
3.55
- -
Profit Margin (%)
2.13
0.94
1.17
1.87
1.26
1.31
- -
Working Capital
257
266
70
54
-313
852
-313
LT Debt
1,903
2,354
2,753
3,229
3,111
4,288
3,111
Total Equity
1,784
2,014
2,233
3,126
3,343
3,491
3,343
Return on Invested Capital (%)
- -
9.56
8.28
2.45
1.9
1.52
- -
Return on Capital (%)
- -
7.28
6.77
2.65
3.78
3.49
- -
Return on Common Equity (%)
- -
7.91
8.66
9.3
5.72
4.89
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
4,266
4,664
5,057
LT Borrowings
3,072
3,279
2,971
LT Finance Leases
157
155
140
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,373
1,373
1,373
Market Capitalization
2,734
2,812
2,814

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
17,060
19,121
17,189
Cash, Cash Equivalents & STI
2,090
2,549
2,201
Accounts Receivable, Net
6,443
6,306
5,961
Inventories
188
399
298
Total Current Liabilities
17,006
18,935
17,502
Payables & Accruals
- -
- -
- -
ST Debt
4,266
4,664
5,057
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
15.02%
4.4%
Free Cash Flow
- -
-96.38%
-676.75%
Net Income, GAAP
- -
-4.07%
-9.92%
Sales/Revenue/Turnover
- -
2.12%
-13.98%
Total Cash Common Dividend
- -
310.51%
31.82%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
10,971
2024
- -
- -
12,243
2025
- -
- -
10,531

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.2
2024
- -
- -
0.11
2025
- -
- -
0.1

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.33
2024
- -
- -
0.25
2025
- -
- -
0.33

Company Description

Company Profile APIChatGPT
CEO
Jian Jun Wang
Full Time Employees
3,556
Sector
Industrial services
Industry
Engineering & construction
Address
No. 8 Xinhua Road Shanxi SX China 030032
IPO Date
Nov 21, 2023
Website
sxaz.com.cn
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Business
Shanxi Installation Group Co., Ltd. (2520.HK) operates as a diversified construction and engineering company primarily engaged in installation services, mechanical and electrical engineering, and related infrastructure projects in China.[web:previous] The company provides a comprehensive range of services including electrical installation, HVAC systems, fire protection engineering, pipeline installation, steel structure fabrication and erection, and building decoration; it also undertakes power transmission and distribution projects, municipal utilities, and environmental protection installations such as water treatment and pollution control facilities.[web:previous] Founded in 1993 and headquartered in Taiyuan, Shanxi Province, the company serves industrial, commercial, and government clients across northern and central China, with operations focused on the domestic market.[web:previous] In recent developments, Shanxi Installation Group has pursued strategic expansions including participation in major provincial infrastructure initiatives and enhancements to its engineering capabilities amid China's ongoing urbanization drive, though no major acquisitions, funding rounds, or name changes were publicly announced in 2024 or 2025. The company continues to emphasize sustainable construction practices and digital transformation in project management to align with national green building standards.[web:previous] It maintains a strong presence in Shanxi and neighboring provinces, supporting key sectors like energy, manufacturing, and real estate development without notable subsidiaries or parent affiliations reported.[web:previous]