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Zhejiang state-linked road/bridge construction and transport-materials group; exact scope unconfirmed.
Zhejiang state-linked road/bridge construction and transport-materials group; exact scope unconfirmed.
Moat: none
Headquarters: Hangzhou, Zhejiang, China · Employees: 8,193
Size Zhejiang Communications Technology (002061.SZ) is a China Industrials company (Engineering & Construction) with a market value of $1.30B, the 1842nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.29 on 6 Nov 2026.
Performance Over six months the shares fell 15.4%, against -15.2% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 11.5% over the last twelve months (peer median +5.4%); the operating margin is 3.0% (peer median 7.3%).
Valuation It trades at 8.0× forward earnings against a peer median of 15.4× (4th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 4 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥42.9B | CN¥46.4B | CN¥47.7B | CN¥45.9B | CN¥46.5B |
| Revenue growth | — | -3% | +4% | -1% | — |
| Gross profit | CN¥3.73B | CN¥3.35B | CN¥3.60B | CN¥3.52B | CN¥3.62B |
| EBITDA | n/a | CN¥2.07B | CN¥2.13B | CN¥2.28B | CN¥2.32B |
| Net income | CN¥815M | CN¥964M | CN¥1.31B | CN¥1.35B | CN¥1.55B |
| Free cash flow | CN¥618M | CN¥940M | CN¥689M | -CN¥329M | CN¥177M |
| Capital expenditure | CN¥221M | CN¥392M | CN¥426M | CN¥942M | CN¥872M |
| Total debt | CN¥16.6B | CN¥15.3B | CN¥14.5B | CN¥14.4B | CN¥13.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002061.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.1% | -5.2% | 9th highest of 21 |
| 6-month return | -15.4% | -15.2% | 11th highest of 21 |
| Distance from 52-week high | -26.9% | -35.6% | 9th highest of 21 |
| Revenue growth (TTM) | -11.5% | +5.4% | 6th lowest of 21 |
| Operating margin | 3.0% | 7.3% | 7th lowest of 21 |
| Forward P/E | 8.0× | 15.4× | 4th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | -6.5% | -0.1% | 5th least demanding of 12 |
| Growth delivered (Del g) | +4.8% | +3.9% | 4th highest of 12 |
| Hurdle (Req g minus delivered) | -11.3 pp | -9.9 pp | 5th least demanding of 12 |
| ROIC minus cost of capital | -0.1 pp | -1.7 pp | 9th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhejiang Communications Technology 002061.SZ | China | $1.30B | -15% | -12% | 3% | 8.0× | -6.5% | +4.8% |
| Taiwan Cogeneration 8926.TW | Taiwan | $1.30B | +9% | +324% | 8% | n/a | n/a | n/a |
| Kumagai Gumi 1861.T | Japan | $1.30B | -20% | -4% | 6% | 9.0× | -9.2% | +1.6% |
| Lloyds Engineering Works LLOYDSENGG.NS | India | $1.29B | +36% | +83% | 11% | n/a | n/a | n/a |
| Shenzhen Urban Transport Technology 301091.SZ | China | $1.29B | -23% | +17% | 2% | 79.8× | n/a | n/a |
| Nippon Densetsu Kogyo 1950.T | Japan | $1.29B | -30% | +10% | 12% | 9.9× | -0.1% | +3.2% |
| VA Tech Wabag WABAG.NS | India | $1.32B | +33% | +20% | 11% | 27.1× | 34.6% | +6.8% |
| CTCI 9933.TW | Taiwan | $1.29B | +22% | -22% | 9% | 8.5× | n/a | n/a |
| Farglory Land Development 5522.TW | Taiwan | $1.34B | -18% | +164% | 26% | 7.7× | -13.6% | +3.0% |
| JiShi Media 601929.SS | China | $1.25B | -18% | -2% | -24% | n/a | n/a | n/a |
| Kepco Kps 051600.KS | South Korea | $1.37B | -34% | +6% | 9% | 12.6× | -6.1% | +3.9% |
| Lendlease LLC.AX | Australia | $1.23B | -16% | -30% | 0% | 147.4× | n/a | n/a |
| Xinjiang Communications Construction 002941.SZ | China | $1.22B | -20% | +23% | 5% | n/a | n/a | n/a |
| Tianjin Capital Environmental Protection 1065.HK | Hong Kong | $1.22B | -13% | +2% | 29% | 5.4× | -16.4% | +6.5% |
| Beijing Gehua CATV Network 600037.SS | China | $1.40B | -16% | +24% | -5% | 39.4× | n/a | n/a |
| Zhejiang Construction Investment 002761.SZ | China | $1.42B | -14% | -12% | 0% | n/a | 13.0% | +0.4% |
| Jiangxi Ganyue Expressway 600269.SS | China | $1.44B | -7% | +3% | 28% | n/a | -11.6% | +4.4% |
| GenusPlus GNP.AX | Australia | $1.18B | -12% | +71% | 6% | 18.1× | 6.2% | +32.1% |
| Shaanxi Construction Engineering 600248.SS | China | $1.45B | -25% | -25% | 0% | 2.7× | n/a | n/a |
| Hongrun Construction 002062.SZ | China | $1.45B | -11% | -12% | 7% | 31.6× | 5.6% | -12.6% |
| EPIC Suisse EPIC.SW | Switzerland | $1.17B | +2% | +4% | 78% | 20.8× | 7.1% | +4.3% |