CAMCE(SZ:002051) Sou Hu Cai Jing·2025-11-17 12:52Core Viewpoint - The stock of Zhonggong International (002051) has shown a decline in both price and key financial metrics, indicating potential challenges in the engineering construction sector [1][3]. Financial Performance - As of November 17, 2025, Zhonggong International's stock closed at 8.6 yuan, down 0.35% with a trading volume of 95,300 lots and a transaction value of 81.80 million yuan [1]. - For the first three quarters of 2025, the company reported a main revenue of 7.125 billion yuan, a year-on-year decrease of 17.25%, and a net profit attributable to shareholders of 247 million yuan, down 23.68% [3]. - The third quarter of 2025 saw a single-quarter main revenue of 2.338 billion yuan, a decline of 24.85%, while the net profit for the same period was 69.82 million yuan, an increase of 35.16% [3]. Market Position and Ratios - Zhonggong International's total market capitalization is 10.642 billion yuan, with a net asset value of 11.735 billion yuan, ranking 25th and 21st respectively in the engineering construction industry [3]. - The company has a price-to-earnings ratio (P/E) of 32.33, significantly higher than the industry average of 12.45, indicating a relatively high valuation compared to peers [3]. - The gross margin stands at 18.57%, which is above the industry average of 13.26%, while the net margin is 3.44%, compared to an industry average of -5.12% [3]. Investment Sentiment - In the last 90 days, five institutions have rated the stock, with three giving a "buy" rating and two an "accumulate" rating, suggesting a generally positive outlook among analysts [4]. - The average target price set by institutions over the past 90 days is 10.09 yuan, indicating potential upside from the current trading price [4].