Zhejiang Reclaim Construction Group Co., Ltd. Class A

Zhejiang Reclaim Construction Group Co., Ltd. Class A

SSZSE:002586
3.26
CNY
+0.03
(+0.93%)
0.21EPS
16.96P/E
4.21BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.69
2.52
2.7
3.06
2.96
3.16
2.92
1.88
2.21
2.24
1.86
2.17
1.83
1.71
Basic EPS, GAAP
0.16
0.14
0.09
0.13
0.22
0.17
-1.12
-0.36
-0.08
-0.43
-0.12
-0.13
0.24
0.22
Free Cash Flow per Basic Share
0.04
-0.04
0.11
0.03
0.05
0.03
-0.07
- -
0.08
-0.09
0.01
-0.07
-0.45
- -
Dividend per Share
0.08
0.13
0.14
0.16
0.14
0.16
0.27
0.08
0.07
0.1
0.06
0.04
0.03
0.02
Book Value per Share
1.53
2.14
2.18
2.27
4.11
4.53
3.25
2.92
2.53
2.81
2.68
2.56
2.81
2.78
Tangible Book Value per Share
1.49
2.09
2.13
2.22
4.07
3.82
2.73
2.9
2.26
2.76
2.64
2.56
2.81
2.78
Basic Weighted Avg Shares
602
729
703
716
970
1,122
1,141
1,144
1,169
1,144
1,144
1,145
1,144
1,143
Sales/Revenue/Turnover
1,621
1,833
1,897
2,193
2,871
3,541
3,330
2,151
2,581
2,560
2,133
2,483
2,093
1,958
Operating Margin (%)
11.43
10.38
7.74
8.52
13.47
9
2.25
1.76
9.38
1.11
-2.16
-0.5
-0.19
-0.2
Depreciation Expense
26
27
27
26
28
39
48
29
16
35
32
29
14
- -
Net Income, GAAP
96
102
63
93
213
191
-1,278
-410
-94
-497
-137
-151
273
248
Effective Tax Rate (%)
25.74
25.8
30.04
29.29
28.66
29.89
- -
- -
- -
- -
- -
- -
10.74
8.88
Profit Margin (%)
5.95
5.57
3.34
4.24
7.43
5.39
-38.39
-19.08
-3.62
-19.42
-6.43
-6.09
13.06
12.66
Working Capital
281
383
303
-146
1,454
650
-21
-808
-1,175
-439
-234
172
1,148
1,026
LT Debt
443
303
751
932
659
615
728
553
343
342
307
265
210
158
Total Equity
985
1,614
1,644
1,710
4,355
5,341
3,886
3,400
3,033
3,312
3,108
2,943
3,195
3,153
Return on Invested Capital (%)
6.62
5.19
2.08
2.35
4.09
2.56
- -
- -
- -
- -
- -
- -
8.81
7.55
Return on Capital (%)
7.86
6.12
3.86
4.12
5.1
3.7
- -
- -
- -
- -
- -
- -
8.8
7.93
Return on Common Equity (%)
10.7
8.19
4.03
5.75
7.19
4.03
-28.74
-11.63
-3
-16.29
-4.37
-5.04
8.89
8.07

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
74
64
51
LT Borrowings
210
181
158
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,144
1,144
1,144
Market Capitalization
5,138
5,355
4,211

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,083
3,509
3,805
Cash, Cash Equivalents & STI
1,260
1,099
1,242
Accounts Receivable, Net
1,453
1,126
1,310
Inventories
6
33
14
Total Current Liabilities
2,935
2,398
2,778
Payables & Accruals
- -
- -
- -
ST Debt
74
64
51
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.71%
-0.9%
8.55%
Free Cash Flow
218.85%
507.91%
580.77%
Net Income, GAAP
-66.13%
2.24%
-280.93%
Sales/Revenue/Turnover
3.17%
0.64%
-15.71%
Total Cash Common Dividend
-0.63%
-14.47%
-40.96%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
309
556
491
1,127
2,483
2025
286
543
- -
803
2,093
2026
309
303
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
0.01
-0.03
-0.06
-0.13
2025
- -
- -
- -
0.21
0.24
2026
- -
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.02
0.01
- -
0.04
2025
0.01
0.01
- -
- -
0.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wen Qiang Wang
Full Time Employees
650
Sector
Industrial services
Industry
Engineering & construction
Address
Building No. 3 Ningbo ZH China 315103
IPO Date
May 24, 2011
Business
Zhejiang Reclaim Construction Group Co., Ltd. (002586.SZ) operates as a specialized engineering contractor focused on seawall construction and water conservancy projects in China. The company provides construction services for water conservancy and hydropower projects, municipal public works, ports and waterway engineering, housing construction, foundation and foundation treatment engineering, tunnel and bridge engineering, urban landscaping engineering; blasting design and construction, safety assessment and supervision; project construction investment, earthwork engineering, water conservancy engineering planning and design; as well as leasing services, industrial investment, residential services, scientific research and technical services, and culture, sports, and entertainment services. It develops and deploys advanced specialized equipment including hydraulic docking systems, truss earthwork embankment machinery, piston-type silt long-distance conveying devices, deep-water soft-base treatment vessels, spiral silt rapid consolidation machines, rapid silt dehydration systems, blasting and dredging chargers, and intelligent river purification equipment. Founded in 1984 and headquartered in Ningbo, Zhejiang Province, the company serves primarily domestic markets across China with operations in multiple provinces, holding qualifications in water conservancy, municipal administration, construction general contracting level one, and blasting grade two. Recent developments include winning bids for significant water infrastructure projects such as the 155.9-million-yuan design-construction contract in September 2025, the 313-million-yuan water conservancy project in Huai'an City in November 2025, the 418-million-yuan Yuyao City Xiayao River embankment renovation in 2024, and the 193-million-yuan flood control project in Huzhou's Nantaihu New Area, alongside the 323-million-yuan Poyang Lake flood storage area safety construction in Jiangxi Province.