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Shanghai-based architecture and engineering design institute providing building design and consulting services.
Shanghai-based architecture and engineering design institute providing building design and consulting services.
Is paid design and consulting fees by project, often tied to construction cost and collected in stages as drawings are delivered, so revenue follows new building starts and public projects. It grew out of state design institutes in Shanghai.
In one line: A Chinese AECOM/HOK for architectural design services.
Moat: narrow (brand, process know-how). Long-established state design-institute brand with deep local project relationships.
Headquarters: Shanghai, China · Employees: 9,311
Size Arcplus (600629.SS) is a China Industrials company (Engineering & Construction) with a market value of $2.43B, the 1058th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.07 on 6 Nov 2026.
Performance Over six months the shares fell 17.2%, against -6.9% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue fell 25.2% over the last twelve months (peer median +8.9%); the operating margin is -3.2% (peer median 5.8%).
Valuation It trades at 38.4× forward earnings against a peer median of 14.5× (most expensive of 21).
Capital Return on invested capital runs 5.6 points below its cost of capital (6.0% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.71B | CN¥6.95B | CN¥8.44B | CN¥9.02B | CN¥8.01B |
| Revenue growth | — | -18% | -6% | +13% | — |
| Gross profit | CN¥1.17B | CN¥1.13B | CN¥1.53B | CN¥1.76B | CN¥1.59B |
| EBITDA | n/a | CN¥267M | CN¥545M | CN¥708M | CN¥647M |
| Net income | -CN¥45.5M | CN¥71.6M | CN¥392M | CN¥425M | CN¥385M |
| Free cash flow | -CN¥39.8M | CN¥155M | CN¥149M | CN¥386M | CN¥317M |
| Capital expenditure | CN¥43.9M | CN¥89.9M | CN¥128M | CN¥114M | CN¥185M |
| Total debt | CN¥935M | CN¥1.08B | CN¥1.27B | CN¥1.40B | CN¥1.53B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Arcplus 600629.SS | $2.43B | -17% | -25% | -3% | 38.4× | n/a |
| Aecom ACM | $8.59B | -17% | -4% | 5% | 11.0× | 7.3% |
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 | 600629.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.1% | +1.3% | 3rd lowest of 21 |
| 6-month return | -17.2% | -6.9% | 8th lowest of 21 |
| Distance from 52-week high | -43.4% | -24.1% | 4th lowest of 21 |
| Revenue growth (TTM) | -25.2% | +8.9% | lowest of 21 |
| Operating margin | -3.2% | 5.8% | lowest of 21 |
| Forward P/E | 38.4× | 14.5× | most expensive of 21 |
| ROIC minus cost of capital | -5.6 pp | +4.4 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Arcplus 600629.SS | China | $2.43B | -17% | -25% | -3% | 38.4× | n/a | n/a |
| AF Gruppen AFG.OL | Norway | $2.42B | +13% | +11% | 5% | 16.2× | -9.7% | +3.4% |
| Webuild WBD.MI | Italy | $2.39B | -22% | +2% | -1% | 6.5× | -2.1% | +24.4% |
| Kalpataru Projects International KPIL.NS | India | $2.48B | +6% | +15% | 6% | 18.6× | 14.9% | +16.0% |
| Koninklijke Heijmans HEIJM.AS | Netherlands | $2.55B | -7% | +11% | 6% | 13.5× | 3.9% | +9.7% |
| Shanghai Tunnel Engineering 600820.SS | China | $2.56B | -9% | -9% | 6% | 8.0× | -0.6% | +1.4% |
| Bilfinger GBF.DE | Germany | $2.57B | -31% | +6% | 5% | 15.5× | -6.7% | +9.4% |
| Tecnicas Reunidas TRE.MC | Spain | $2.57B | -5% | +33% | 4% | 13.5× | -2.5% | +12.9% |
| Toda 1860.T | Japan | $2.58B | -3% | +10% | 6% | 11.1× | -0.8% | +5.0% |
| Cemindia Projects CEMPRO.NS | India | $2.58B | +36% | +10% | 9% | 32.8× | 42.2% | +29.9% |
| Aecon ARE.TO | Canada | $2.59B | -4% | +23% | 2% | 26.3× | 5.1% | +8.3% |
| Penta-Ocean Construction 1893.T | Japan | $2.25B | -29% | +7% | 7% | 8.9× | n/a | n/a |
| Grenergy Renovables GRE.MC | Spain | $2.24B | -40% | +8% | 23% | 18.9× | n/a | n/a |
| Keller KLR.L | United Kingdom | $2.63B | +24% | +10% | 7% | 11.8× | 4.4% | +8.4% |
| Nbcc (india) NBCC.NS | India | $2.23B | -19% | +4% | 6% | 26.0× | 40.1% | +12.9% |
| Bird Construction BDT.TO | Canada | $2.70B | +28% | +7% | 4% | 21.5× | 6.1% | +17.7% |
| IRB Infrastructure Developers IRB.NS | India | $2.18B | -21% | -14% | 27% | 16.0× | 9.2% | +4.2% |
| Yankey Engineering 6691.TW | Taiwan | $2.16B | -16% | +63% | 16% | 9.7× | 2.8% | +33.1% |
| Elecnor ENO.MC | Spain | $2.76B | -30% | +7% | 4% | 17.0× | -4.9% | +12.3% |
| Morgan Sindall MGNS.L | United Kingdom | $2.77B | -7% | +11% | 5% | 11.7× | -4.7% | +10.6% |
| Peab PEAB-B.ST | Sweden | $2.80B | +5% | +4% | 4% | 11.4× | 6.6% | -0.4% |