Shanghai Tunnel Engineering Co Ltd. operates within the Heavy construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Tunnel Engineering Co Ltd. with three other
companies in this sector in CHINA :
Anhui Construction Engineering Group Co Ltd
sales of 56.82 billion Chinese Renmimbi [US$8.90 billion]
of which 74%
was Industrial & Residential Consturction),
Guangdong No.2 Hydropower Engineering Company Ltd
(12.58 billion Chinese Renmimbi [US$1.97 billion]
of which 76%
was Engineering Construction), and
China Railway Hi-tech Industry Corp Ltd
(24.29 billion Chinese Renmimbi [US$3.80 billion]
of which 67%
was Transportation Equipment).
During the second
quarter of 2021, sales at Shanghai Tunnel Engineering Co Ltd. totalled
15.81 billion Chinese Renmimbi.
an increase of 21.7%
from the 12.99 billion Chinese Renmimbi in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 25.09 billion Chinese Renmimbi, which is
than through the first two quarters of 2020.
Sales at Shanghai Tunnel Engineering Co Ltd. appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 36.3% and 45.5%
of the annual
During the year ended December of 2020, sales at
Shanghai Tunnel Engineering Co Ltd. were 54.01 billion Chinese Renmimbi (US$8.46 billion).
increase of 23.8%
versus 2019, when the company's sales were 43.62 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shanghai Tunnel Engineering Co Ltd.
(and since 2015, sales have increased a total of 106%).
Sales of Operating Service saw an increase
that was more than double the company's growth rate: sales were up
455.0% in 2020, from
551.40 million Chinese Renmimbi to 3.06 billion Chinese Renmimbi.
Shanghai Tunnel Engineering Co Ltd. also saw significant increases in sales in
Design Service (up 38.0% to 2.08 billion Chinese Renmimbi)
Not all segments of Shanghai Tunnel Engineering Co Ltd. experienced an increase in sales in 2020:
sales of Machining and Manufacturing fell 52.4% to 117.66 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Shanghai Tunnel Engineering Co Ltd. also experienced decreases in sales in
Other Main Operation (down 38.9% to 284.00 million Chinese Renmimbi)
Investment (down 36.7% to 112.20 million Chinese Renmimbi)