CAMCE(002051) 搜狐财经·2025-03-31 08:45Core Viewpoint - The company, Zhonggong International, is experiencing a decline in stock price and profitability, with a current PE ratio significantly higher than the industry average, indicating potential overvaluation in the context of its financial performance [1][3]. Company Overview - Zhonggong International's main business includes design consulting and engineering contracting, advanced engineering technology equipment development and application, and engineering investment and operation [2]. - The company is involved in international engineering contracting (EPC), investment, and trade, with notable projects recognized for quality, including the Bolivia potassium salt plant and sugar factory, which received the 2019 Luban Award [2]. Financial Performance - For the third quarter of 2024, the company reported revenue of 8.61 billion yuan, a year-on-year increase of 0.37%, while net profit was 323 million yuan, reflecting a year-on-year decrease of 7.32% [3]. - The company's gross profit margin stands at 17.15%, indicating challenges in maintaining profitability despite slight revenue growth [3]. Market Position - As of March 31, the company's stock closed at 8.07 yuan, down 3.70%, with a rolling PE ratio of 27.69, compared to the industry average of 16.56 and median of 20.71, placing it 54th in the industry ranking [1][3]. - The total market capitalization of Zhonggong International is approximately 9.986 billion yuan [1]. Shareholder Information - As of September 30, 2024, the number of shareholders is 52,452, a decrease of 2,811 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares per shareholder [1].