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CNBM's engineering arm that designs and builds cement production lines for customers in China and overseas.
CNBM's engineering arm that designs and builds cement production lines for customers in China and overseas.
Builds cement plants on turnkey contracts paid in stages as work progresses, so revenue rests on a small number of large projects; orders depend on cement producers' decisions to add capacity, and many customers are overseas.
In one line: A cement-plant EPC contractor like FLSmidth, backed by China National Building Material.
Moat: narrow (scale, process know-how). Leading global share in cement-plant EPC backed by parent CNBM's technology and scale.
Headquarters: Beijing, China · Employees: 15,201
Size Sinoma International Engineering (600970.SS) is a China Industrials company (Engineering & Construction) with a market value of $3.15B, the 817th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.02 on 6 Nov 2026.
Performance Over six months the shares fell 14.0%, against -14.1% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 2.5% over the last twelve months (peer median +4.1%); the operating margin is 5.3% (peer median 5.2%).
Valuation It trades at 9.2× forward earnings against a peer median of 13.0× (3rd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -19 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.6 points above its cost of capital (5.5% WACC).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥48.5B | CN¥49.5B | CN¥46.0B | CN¥45.7B | CN¥42.7B |
| Revenue growth | — | +8% | +1% | +7% | — |
| Gross profit | CN¥9.34B | CN¥8.88B | CN¥8.74B | CN¥8.62B | CN¥7.19B |
| EBITDA | n/a | CN¥3.92B | CN¥4.34B | CN¥4.31B | CN¥3.45B |
| Net income | CN¥2.08B | CN¥2.86B | CN¥2.98B | CN¥2.92B | CN¥2.54B |
| Free cash flow | CN¥2.13B | CN¥1.27B | CN¥1.56B | CN¥2.59B | CN¥4.94M |
| Capital expenditure | CN¥546M | CN¥537M | CN¥741M | CN¥958M | CN¥1.22B |
| Total debt | CN¥10.6B | CN¥8.95B | CN¥8.73B | CN¥9.28B | CN¥9.30B |
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 |
|---|---|---|---|---|---|---|
| Sinoma International Engineering 600970.SS | $3.15B | -14% | +3% | 5% | 9.2× | -8.3% |
| FLSmidth & Co. A/S FLS.CO | $4.88B | +22% | -20% | 13% | 13.9× | 2.8% |
| thyssenkrupp TKA.DE | $8.33B | +10% | -2% | 1% | n/a | n/a |
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 | 600970.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.1% | -3.7% | 9th highest of 21 |
| 6-month return | -14.0% | -14.1% | 11th highest of 21 |
| Distance from 52-week high | -30.9% | -25.2% | 8th lowest of 21 |
| Revenue growth (TTM) | +2.5% | +4.1% | 9th lowest of 21 |
| Operating margin | 5.3% | 5.2% | 11th highest of 21 |
| Forward P/E | 9.2× | 13.0× | 3rd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -8.3% | 3.1% | 2nd least demanding of 17 |
| Growth delivered (Del g) | +10.3% | +5.0% | 7th highest of 17 |
| Hurdle (Req g minus delivered) | -18.6 pp | -5.9 pp | 3rd least demanding of 17 |
| ROIC minus cost of capital | +2.6 pp | +2.0 pp | 9th highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sinoma International Engineering 600970.SS | China | $3.15B | -14% | +3% | 5% | 9.2× | -8.3% | +10.3% |
| Veidekke VEI.OL | Norway | $3.13B | +25% | +8% | 5% | 17.1× | -3.5% | +2.5% |
| China Communications Services 0552.HK | Hong Kong | $3.19B | -19% | 0% | 2% | 5.7× | n/a | n/a |
| Downer EDI DOW.AX | Australia | $3.21B | -6% | -7% | 4% | 15.8× | 11.1% | -3.4% |
| Kraftia 1959.T | Japan | $3.10B | -29% | +5% | 12% | 10.8× | 2.8% | +4.0% |
| Ventia Services VNT.AX | Australia | $3.24B | -2% | -1% | 7% | 16.1× | -1.4% | +13.7% |
| SINOPEC Engineering (Group) 2386.HK | Hong Kong | $3.05B | -13% | +14% | 2% | 9.0× | n/a | n/a |
| Legence LGN | United States | $3.02B | -72% | +69% | 3% | 12.2× | 29.7% | +69.2% |
| Bravida BRAV.ST | Sweden | $3.00B | +30% | +4% | 6% | 19.0× | 5.3% | +5.9% |
| L&K Engineering (Suzhou) 603929.SS | China | $2.99B | -50% | +43% | 25% | 14.8× | 7.5% | +39.5% |
| ACME Solar ACMESOLAR.NS | India | $2.95B | +32% | +54% | 66% | 29.6× | n/a | n/a |
| Jgc 1963.T | Japan | $2.94B | -18% | -15% | 6% | 10.0× | n/a | n/a |
| Worley WOR.AX | Australia | $3.39B | -16% | -5% | 4% | 12.6× | 5.2% | +2.3% |
| Alten ATE.PA | France | $3.43B | +43% | 0% | 8% | 11.4× | 3.5% | +11.9% |
| Shanghai Construction 600170.SS | China | $2.89B | -20% | -22% | 1% | 16.7× | -10.4% | -2.3% |
| EXEO 1951.T | Japan | $2.84B | -22% | +18% | 7% | 12.2× | -5.0% | +6.6% |
| Primoris Services PRIM | United States | $3.52B | -38% | -5% | 3% | 13.7× | 22.8% | +16.8% |
| Comsys 1721.T | Japan | $3.55B | -15% | +4% | 8% | 13.3× | -0.7% | +2.3% |
| Peab PEAB-B.ST | Sweden | $2.80B | +5% | +4% | 4% | 11.4× | 6.6% | -0.4% |
| Sacyr SCYR.MC | Spain | $3.58B | -14% | +6% | 24% | 20.5× | -5.4% | +0.5% |
| Morgan Sindall MGNS.L | United Kingdom | $2.77B | -7% | +11% | 5% | 11.7× | -4.7% | +10.6% |