SCG(SH:600170) Sou Hu Cai Jing·2025-06-23 00:35Core Insights - Shanghai Construction Group has experienced significant growth since its listing 27 years ago, with a market value increase from 6.487 billion to 21.149 billion yuan, reflecting the development of the construction industry [1][5] - The company's main business includes various construction services, with housing construction accounting for the largest revenue share at 64.76% [3] - Despite a cumulative profit growth of 899% over 27 years, the company's profitability has shown volatility in recent years, with a notable decline in net profit from 33.51 billion yuan in 2020 to 21.68 billion yuan in 2024 [3][5] Financial Performance - The company achieved a revenue of 231.327 billion yuan in 2020, which increased to 300.217 billion yuan in 2024, although a negative growth of 1.45% was recorded in 2024 [3] - The net profit has fluctuated significantly, with a sharp decline in 2022 followed by a gradual recovery, indicating instability in profit levels [3] - The market value has decreased by 75.96% from its peak of 87.96 billion yuan in 2015 to 21.149 billion yuan in 2025 [5][6]