Shenzhen Strongteam Decoration Engineering Co., Ltd. Class A

Shenzhen Strongteam Decoration Engineering Co., Ltd. Class A

SSZSE:002989
18.50
CNY
+0.40
(+2.21%)
-0.87EPS
6.85BMarket 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
5.32
6.49
6.57
7.31
6.94
10.04
17.13
16.19
17.05
11.84
4.94
1.99
1.76
1.48
Basic EPS, GAAP
0.53
0.58
0.55
0.63
0.59
0.73
1.34
1.19
0.72
0.4
0.05
-2.36
-0.83
-0.81
Free Cash Flow per Basic Share
- -
- -
0.17
0.19
0.12
0.64
1.17
0.37
1
1.49
-0.64
-0.02
-0.17
- -
Dividend per Share
0.14
0.13
0.18
0.13
0.2
0.27
0.05
0.46
0.5
0.55
0.67
0.02
0.02
0.02
Book Value per Share
1.41
1.88
2.66
3.15
3.56
4.03
5.2
8.91
9.21
9.71
9.18
7.57
7.16
6.99
Tangible Book Value per Share
1.4
1.87
2.63
3.12
3.51
3.99
5.15
8.88
9.16
9.66
9.12
7.52
7.12
6.95
Basic Weighted Avg Shares
130
130
131
137
135
136
137
158
151
168
167
182
200
207
Sales/Revenue/Turnover
690
845
864
1,000
939
1,363
2,340
2,565
2,567
1,993
823
362
352
306
Operating Margin (%)
16.28
14.34
13.57
12.41
11.74
11.15
11.16
9.33
7.17
7.58
0.03
-25.92
-19.24
-20.99
Depreciation Expense
- -
- -
7
8
8
8
9
10
11
13
18
20
19
- -
Net Income, GAAP
68
75
72
85
80
100
183
189
108
67
8
-428
-166
-167
Effective Tax Rate (%)
26.69
25.26
25.1
24.83
24.04
22.99
13.66
17.02
14.94
12.68
- -
- -
- -
- -
Profit Margin (%)
9.88
8.87
8.37
8.55
8.53
7.3
7.83
7.36
4.22
3.38
1.01
-118.44
-47.06
-54.65
Working Capital
114
139
218
261
291
390
523
1,398
1,414
1,690
1,516
1,084
828
836
LT Debt
- -
30
25
20
15
10
5
1
- -
485
518
318
217
218
Total Equity
192
256
362
429
484
550
709
1,620
1,673
1,764
1,667
1,502
1,482
1,442
Return on Invested Capital (%)
- -
22.97
17.41
18.26
15.31
17.45
25.12
13.47
5.75
3.3
- -
- -
- -
- -
Return on Capital (%)
- -
26.69
19.85
19.72
15.41
16.23
24.82
14.22
6.3
4.97
- -
- -
- -
- -
Return on Common Equity (%)
- -
33.43
23.39
21.6
17.54
19.25
29.12
16.22
6.58
3.92
0.49
-27.24
-11.36
-11.46

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
32
32
LT Borrowings
211
214
216
LT Finance Leases
7
7
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
202
202
202
Market Capitalization
6,218
5,206
6,855

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,210
1,322
1,292
Cash, Cash Equivalents & STI
641
792
743
Accounts Receivable, Net
- -
- -
28
Inventories
6
8
7
Total Current Liabilities
383
510
456
Payables & Accruals
- -
- -
- -
ST Debt
4
32
32
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.44%
-1.6%
-1.34%
Free Cash Flow
117.53%
151.33%
773.66%
Net Income, GAAP
-534.51%
-1,093.7%
-61.28%
Sales/Revenue/Turnover
-0.35%
-27.92%
-2.56%
Total Cash Common Dividend
96.56%
-11.05%
-6.69%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
89
102
82
89
362
2025
52
76
- -
140
352
2026
45
45
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.21
-0.35
-1.64
-2.36
2025
0.02
-0.14
- -
-0.51
-0.83
2026
-0.04
-0.13
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
An Zhang
Full Time Employees
275
Sector
Industrial services
Industry
Engineering & construction
Address
Shenye Tairan Building Shenzhen GD China 518040
IPO Date
Jun 10, 2020
Website
ztjzgf.net
Business
Shenzhen Strongteam Decoration Engineering Co., Ltd. (002989.SZ) provides batch fine decoration construction and design services primarily for real estate developers in China. The company offers residential bulk fine decoration services, including hardcover and maintenance for commodity housing, affordable housing, and long-term rental apartments; non-residential batch fine decoration for schools and hotels; indoor and outdoor decoration design services for communities, public buildings, chain stores, and office buildings; and other services such as government welfare housing rental. Holding National Building Decoration Professional Grade 1 Qualification and Building Decoration Design Class B Qualification, it operates exclusively in China, with approximately 80% of revenue from listed real estate companies, including 80% of China's top 20 real estate firms, and delivers over 50,000 refined decoration units annually on a direct-operation basis without subcontracting. Founded on September 28, 2000, and headquartered at Shenye Tairan Building in Shenzhen's Futian District, the company employs around 321 people. In recent developments, it established a holding subsidiary, Shenzhen Weifeng Technology Co., Ltd., in May 2025, to focus on special equipment for advanced semiconductor packaging; invested in partnership Zhongjing Xinjie (17.38% stake) targeting the advanced semiconductor packaging field; expanded its business scope in January 2025 to include sales of semiconductor device special equipment, electronic core devices, and integrated circuit manufacturing and sales; and announced plans to sell non-core assets (properties, vehicles, low-value consumables) up to RMB 400 million to optimize its structure and fund high-quality development amid real estate market challenges. These strategic shifts aim to cultivate a second growth curve in semiconductors while maintaining core decoration capabilities, with its participating enterprise Coris Semiconductor Technology commencing FCBGA high-end packaging substrate operations in September 2025 for CPUs, GPUs, AI, and automotive chips.