Shanghai Construction Group Co., Ltd. operates as a construction company in China and internationally. The company constructs buildings, bridges, railways, public culture and sport facilities, industrial plants, environment protection projects, etc. It also invests in, constructs, and operates urban infrastructure. The company was founded in 1998 and is based in Shanghai, China.

Shanghai Construction Group Co., Ltd.

China Railway Engineering Corporation (CREC) is involved in infrastructure construction, survey, design, consultation, real estate development, industrial manufacturing, resource development, overseas business, finance, and investment.

China Railway Engineering Corporation (CREC)

China National Chemical Engineering Co., Ltd., an industrial engineering company, engages in the general contracting of construction, infrastructure, and overseas projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China. It provides various services comprising project consulting, prospecting, design, construction, and project management environmental treatment; technology research and development and its industrialization; and installation of pipelines, circuits, and complete equipment. It is also involved in the import and export business; real estate development business; and investment and management of industrial plant and infrastructure projects. The company was founded in 1953 and is based in Beijing, China. China National Chemical Engineering Co., Ltd. is a subsidiary of China National Chemical Engineering Group Corporation Ltd.

China National Chemical Engineering Co., Ltd

上海建工 is involved in construction activities, including building construction, design consulting, real estate development, municipal investment, and building materials manufacturing.

上海建工

SCG | 223,820 followers on LinkedIn. To leverage people’s quality of life by delivering quality products and services. | As a leading ASEAN business conglomerate with regional focus and established commitments towards business conducts that are in line with good corporate governance and sustainable development principles.
  
Since our founding in 1913, SCG has grown and expanded into a diversified group of operations encompassing three core business units: SCG Cement-Building Materials, SCG Chemicals and SCG Packaging—with its demonstrated commitment to conducting business in tune with the sustainable development approach; SCG has been a member of Dow Jones Sustainability Indices (DJSI) the global indexes tracking the business performance of leading sustainability-driven companies worldwide.

SCG has pledged its commitment to ongoing development, creating innovative products, services, processes, and business models to create value and address the needs of all concerned parties.

Managing Director, BIMObject Thailand

Wilasa Vichit-Vadakan

Niran Banleurat

Strategic Planning and Investment Director, SCG Chemicals Public Company Limited

Chansak Chirawatpongsa

Integrated Strategic Execution and Business Development Manager at SCG Ceramics Public Co.,Ltd.

Sujin Rattanajareet

Discover Life at SCG: This or That Challenge Edition! Ever wondered what a day in the life of our SCG Bang Sue team looks like? Dive into the fun with our "This or That" challenge and see how SCG employees bring passion and energy into their work and lifestyle. ❤️🐘 Want more behind-the-scenes insights and updates? Follow us on: 📱 TikTok: SCG Careers 📸 Instagram: Life at SCG #LifeatSCG #SCG #PassionForBetter #SCGCareers

SCG Cement and Green Solutions Presents at the 58th Annual Meeting of the Cement and Concrete Industry of Hawaii, Targeting Growth of ‘SCG Low Carbon Cement’ Exports to the United States to Support Inclusive Green Growth Ms. Amornrat Saensureerungsikul, Quality Assurance Manager of The Siam Cement (Kaeng Khoi) Company Limited, represented SCG Cement and Green Solutions as a speaker at “The 58th Annual Meeting of the Cement and Concrete Industry of Hawaii,” organized by Hawaiian Cement, a key business partner, at the Fairmont Orchid Hotel in Hawaii, USA. Her presentation was titled “Ensuring Quality and Innovation: SCG’s Low Carbon Cement for Hawaiian Cement.” During the presentation, SCG Cement and Green Solutions introduced their Low Carbon Portland Cement (Type IL) to Hawaiian Cement’s key customers, who trust in the company’s quality and service. Key points included quality control in production meeting international standards, the use of clean energy through alternative fuels, and export guarantees for low-carbon products that are environmentally friendly, certified by the Environmental Product Declaration (EPD). The EPD provides information about the environmental impact of products throughout their lifecycle, helping consumers and businesses make informed decisions about environmentally friendly products. SCG Cement and Green Solutions aims to become a leading exporter of Low Carbon Cement (Type IL), having begun their first export shipment in October 2023 from Sriracha Harbor to Hawaii, USA. The company plans to continuously expand their low-carbon cement market by strengthening export capabilities to the United States, starting with Hawaii and expanding to Oregon and California, as well as Canada and Australia. This aligns with their strategy to promote low-carbon products in pursuit of achieving Net Zero greenhouse gas emissions by 2050.

SCGD Achieves 5-Star “Excellent” Rating in Corporate Governance for Sustainable Development SCG Decor (SCGD) has received a 5-star “Excellent CG Scoring” rating in the real estate and construction industry sector from Thailand’s 2024 Corporate Governance Report (CGR) assessment. This reflects their commitment to conducting business with transparency, fairness, and social responsibility to drive sustainable growth. The assessment was conducted by the Thai Institute of Directors Association (IOD) with support from the Stock Exchange of Thailand and the Securities and Exchange Commission (SEC). Mr. Numpol Malichai, Chief Executive Officer and President of SCG Decor Public Company Limited, or SCGD, the leading ceramic, surface materials, and sanitary ware business in ASEAN, stated that “SCGD received a score in the 1st Quartile with a level 5 ‘Excellent CG Scoring.’ This reflects our employees’ dedication toward a common goal of becoming ASEAN’s No. 1 with a growth strategy targeting double revenue by 2030, while maintaining good corporate governance in economic, social, and environmental dimensions. This builds confidence among stakeholders, investors, and institutional investors through sustainably growing performance, whether through business expansion with environmental sustainability, developing eco-friendly production processes, or using clean energy like solar cells.” The company recently launched high-value innovative products that meet various customer lifestyles, such as “Smart Flexible by COTTO or LT by COTTO” – an SPC flooring innovation that’s easy to install, convenient to use, termite-proof, 100% waterproof, with beautiful natural-looking patterns, eco-friendly, free from harmful chemicals, and features a non-firing production process. Additionally, COTTO’s ECO Collection of surface materials and tiles reduces the use of new natural resources by up to 80%, reduces greenhouse gas emissions by up to 75%, and recycles 25% of used water. For example, the ECO-SCHIZZO tile series, besides having these properties, is also free from volatile chemicals and heavy metals, reduces transportation carbon emissions, and effectively combines sustainability with innovative living solutions. This led to winning the THAILAND GREEN DESIGN AWARD 2024 in the resources efficiency category at TGDA 2024. For 2024, 808 listed companies participated in the Corporate Governance Report assessment, with an average score of 84%. This demonstrates the importance placed on sustainable business development, consideration of shareholders’ rights and equitable treatment, responsibility to stakeholders, information disclosure and transparency, and board responsibilities.

SCGC Reaffirms Confidence of the Regional Petrochemical Growth, and invests $700 Million towards the Ethane Feedstock Enhancement Project at LSP Complex, Vietnam, to Drive Long-Term Strategy November 8, 2024 – SCG Chemicals (SCGC), a leading integrated polymer business for sustainability, is making a strategic move to reinforce its petrochemical business amidst the petrochemical trough, showing confidence in the region’s petrochemical industry growth. SCGC is moving ahead with an ethene feedstock enhancement project investment at Long Son Petrochemicals Company Limited (LSP) in Vietnam. This investment, with a budget of 700 million USD (approximately 23,000 million Baht), will upgrade facilities to use imported ethene from the United States as an additional raw material. With this strategic move, LSP can significantly enhance its competitiveness through lower feedstock costs, higher operational flexibility, and reduced carbon emission. The project is expected to be completed by the end of 2027. Mr. Sakchai Patiparnpreechavud, CEO and President of SCGC, revealed, “LSP’s olefins process is designed for as feedstock flexibility, allowing for increased utilization of gaseous feedstocks. As such, the majority of the investment for the project will be allocated to constructing ethane handling and storage systems, which requires temperature as low as -90°C, as well as supporting facilities. Once completed, LSP will be able to utilize ethene up to two thirds of the total feedstock, in addition to propane and naphtha.” LSP began its commercial started-up (COD) on September 30, 2024, producing and supplying high-quality polymers to the Vietnamese market and for export. The products from LSP are widely recognized for their quality and compliance with international standards. “Despite the downturn in the petrochemical industry, SCGC is focused on optimizing production across its three plants: Rayong Olefins (ROC), Map Ta Phut Olefins (MOC), and LSP, to align with raw material prices, product demand, and the global economic situation, maximizing overall competitiveness. Currently, LSP has temporarily suspended operations to manage overall business costs, with plan to resume operations when market conditions are more favorable. During this period, LSP will focus on operational excellence and equipment maintenance to ensure readiness to restart production as the global market recovers,” Mr. Sakchai concluded.

SCG and SCGP Shine in the SET Awards 2024: Sustainability and Innovation Excellence The SET Awards 2024, in collaboration with MONEY LAB, marked another year of celebrating outstanding achievements in Thailand’s capital market. Now in its 21st year, this prestigious event honored companies leading in sustainability and innovation across two main award categories: 1. Business Excellence – Recognizing top performance in eight categories, including: - Best CEO and Young Rising Star CEO - Best Company Performance - Best Investor Relations - Best Innovative Company (Awarded to SCGP, a subsidiary of SCG, for its commitment to pioneering advancements) - Best REIT Performance - Deal of the Year - Best Securities Company - Best Asset Management Company 2. Sustainability Excellence – Celebrating dedication to ESG principles, with awards for: - Sustainability Awards of Honor (Awarded to SCG for its unwavering commitment to sustainable growth) - Supply Chain Management Awards In addition, the event featured the SET Awards of Honor for individuals and companies who have demonstrated consistent excellence for over three years. SCG’s recognition with the Sustainability Awards of Honor and SCGP’s achievement as Best Innovative Company underscore the SCG Group’s leadership in sustainability and forward-thinking innovation. For a full list of winners and event highlights, visit www.set.or.th/setawards . #SETThailand #SETAwards2024 #SCG #SCGP #SustainabilityExcellence #BusinessExcellence #Innovation *This news was first published by MONEY LAB

SCG Earns National Innovation Award 2024 for Leading Sustainable Development in ASEAN SCG, one of ASEAN’s most prominent industrial groups, celebrates its 111th year of responsible growth with a commitment to sustainable business practices. Recognized in the National Innovation Awards 2024, SCG received the accolade in the Enterprise Innovation category for its exemplary approach in driving sustainable transformation through its “ESG 4 Plus” strategy. 1. Net Zero Goals – Aiming to achieve net-zero greenhouse gas emissions by 2050 through Scope 1 and 2 reductions, SCG is actively implementing low-carbon energy solutions across its business lines. 2. Go Green Initiatives – Emphasizing eco-friendly innovations, SCG’s offerings include sustainable housing solutions, environmentally conscious plastics, and recyclable packaging. 3. Reducing Inequality – SCG is committed to creating opportunities for all, ensuring its initiatives have a positive social impact across communities. 4. Collaboration and Transparency – In partnership with trusted business allies, SCG embraces Open Innovation to accelerate the journey to net zero while fostering transparency in operations. Through these pillars, SCG not only aligns with the UN’s Sustainable Development Goals but also propels advancements in clean energy and sustainable materials. SCG’s latest projects include biodegradable plastics, electric vehicle-related industries, and integrated clean energy solutions—all geared toward reshaping ASEAN and global markets with impactful, low-carbon innovations. Looking ahead, SCG is committed to driving meaningful change by building global research networks and developing technologies that support a sustainable future for generations to come. This news was first published by the National Innovation Agency Thailand.

SCG Advances Skills with Generative AI through the Prompt-A-Thon Event SCG is leading a shift in workplace culture, embracing adaptability in a tech-driven world. As AI reshapes industries, SCG—a 112-year-old organization known for innovation—is empowering employees to harness emerging technologies for sustainable growth and creativity. Recently, SCG held a Prompt-A-Thon event to help employees learn and apply Generative AI, a tool for unlocking new ideas and building strategic skills. Transforming Culture through AI With its “Organization of Possibilities” vision, SCG encourages every employee to realize their potential by embracing new technologies. The Prompt-A-Thon gave SCG team members hands-on experience, combining Human Intelligence, Innovation Thinking, and Creative Thinking to develop strategic solutions. This event underscored that adapting AI requires not just technical understanding but a transformative mindset. Developing Strategic and Creative Skills with AI During the event, participants were guided to create well-structured prompts, a skill that is essential in maximizing AI’s capabilities. SCG also used the event to build future-proof skills—Human Intelligence, creativity, and strategic questioning—which are crucial for using AI as a powerful tool. Paramate Nisagornsen, Vice President of Corporate Administration, noted that SCG’s goal of becoming an AI-driven organization focuses on using AI with Human Intelligence. He emphasized that asking the right questions ensures AI delivers useful, reliable results, which strengthens SCG’s competitiveness and long-term sustainability. Creating a Learning Environment SCG’s Prompt-A-Thon provided a creative atmosphere where employees received insights from experts such as Assistant Professor Dr. Thannop Areerak, Director of the Academic Services Center and Lecturer at the College of Digital Innovation Technology at Rangsit University. Employees learned how to develop effective AI prompts and validate responses to ensure high-quality outcomes. Showcasing Strategic Thinking through Competition With the Prompt-A-Thon’s theme of “Organization of Possibilities,” participants were challenged to think like CEOs, envisioning strategies to make SCG an opportunity-focused organization. Contestants used Human Intelligence alongside Generative AI to explore solutions, gaining valuable skills for their future roles. In closing, Somchoke Thepnumsommanus, Head of HR Development and Shared Services, stressed that AI should be used consistently and effectively to realize its full potential. He added that continual adaptation to new technology is essential for staying competitive. Cultivating Unique Skills for the Future SCG’s Prompt-A-Thon highlighted that while technology advances rapidly, creativity, expertise, and critical thinking remain irreplaceable. The event reinforced SCG’s mission of helping employees fully leverage AI to benefit their roles and the organization. Source: Techsauce

A Memorable Farewell for Our 2024 Co-operative Education Interns Last week, we held a special farewell event for our Co-operative Education Interns of 2024! It was a notable occasion as we gathered to celebrate the journey and achievements of these talented students who have spent months learning, growing, and contributing to SCG. To make the event even more meaningful, we had the honor of hosting SCG’s Vice President of Corporate Administration and our HR Director. They took the time to meet each intern, sharing words of wisdom and encouragement that will surely stick with them for years to come. The zealous speeches highlighted the spirit of collaboration, innovation, and resilience that our interns brought to every project, leaving a positive impact on our team and beyond. The students reflected on their experiences, from hands-on projects that stretched their skills to mentoring sessions that prepared them for what’s next. They leave SCG with a deeper understanding of their fields, newfound friendships, and the confidence to step forward in their careers. A big thank you to each and every intern for their hard work and dedication. This chapter with SCG might be ending, but we hope it’s only the beginning of an exciting journey. Your journey is just beginning, and we can’t wait to see where it leads! If you’re interested in a passionate, impactful internship like this, don’t hesitate to reach out to our Talent Acquisition Manager Wongsakorn Chairatanathavorn . Connect not only to learn more but to discover the fun, hands-on experience that awaits you here at SCG! #SCGCooperativeEducation #FarewellEvent #FutureLeaders #LifeatSCG #Internships

SCG Q3 and 9M/2024 results show stable year-on-year revenue through decisive cost management and strategic adaptation across all business units. Our approach balances immediate resilience with long-term sustainable growth, aligned with our commitment to Inclusive Green Growth. 📌 Short-Term Measures to Strengthen Stability ✅ Organizational cost reductions of 5,000 MB targeted by 2025 ✅ 10,000 MB reduction in working capital by Q1/2025 ✅ Streamlining focus by exiting non-core, non-profitable businesses, including SCG Express and India-based digital tech firm OITOLABS ✅ Strategic asset divestments to enhance financial flexibility ✅ Targeting a 50% increase in alternative fuel usage in Thai cement operations by the end of 2024 📌 Long-Term Growth and Green Innovation Initiatives ✅ Enhancing raw material flexibility and reducing emissions through the Ethane Petrochemical Project in Vietnam ✅ Expanding high-value green innovations, including: 🌿 SCGC Green Polymer 🌿 Low-carbon cement solutions 🌿 3D Printing Mortar, expanding to South Asia, the Middle East, and Africa (SAMEA) 🌿 SCG Cleanergy, with a 2030 target of 3,500 MW in clean energy capacity Learn more 👉 https://bit.ly/3UygOQZ #SCG #SustainableGrowth #BusinessResilience #InclusiveGreenGrowth #PassionForBetter

SCG and its affiliated companies proudly receive 5 prestigious awards at the SET AWARDS 2024, reinforcing our commitment to sustainability leadership and business excellence, while advancing green innovations through the Inclusive Green Growth approach. 🌍 🌿 Sustainability Excellence Awards ✨ Sustainability Awards of Honor for the 7th consecutive year – awarded to SCG ✨ Highly Commended Supply Chain Management Awards – awarded to SCGJWD 🌿 Business Excellence Awards ✨ Best Innovation Company Awards (SET Awards of Honor) for outstanding innovation from 2022 to 2024 – awarded to SCGP ✨ Best Company Performance Awards – awarded to Q-CON ✨ Outstanding CEO Awards – awarded to Q-CON #SCG #ESG #ESG_4Plus #PassionForBetter #InclusiveGreenGrowth

Metric
Company Name	Shanghai Construction Group Co., Ltd.	China Railway Engineering Corporation (CREC)	China National Chemical Engineering Co., Ltd
Symbol	600.17K		601.12K
MSH ID	CN:COM:SCG	COM:CRECG	CN:COM:CNCEC
Market	STOCKS	PRIVATE	STOCKS
Sector	Industrials	Capital Goods & Industrials	Industrials
Industry	Engineering & Construction	Construction & Engineering	Engineering & Construction
Country	CN	CN	CN
Stage
Employee Count	51.27K		48.83K
Website	scg.com.cn	crecg.com/english	cncec.com.cn
LinkedIn	scg_2	china-railway-construction-engineering-group
Founders

Metric
Market Cap	2.63B		6.55B
Enterprise Value
Monthly Web Traffic	12.29K	46.21K	2.20K
Web Traffic Growth	0.55	0.78	0.69
Valuation
Raised Capital

Metric
Revenue	41.91B	24.57B
Revenue (LTM)
Revenue (NTM)
Gross Profit	41.91B	2.29B
EBITDA	145.39M	1.17B
Operating Income	324.20M	938.78M
Net Income	207.42M	746.34M
EPS	0.02	0.12
Diluted EPS	0.02	0.12
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.33	0.10
Operating Profit Margin	0.01	0.04
EBITDA Margin	0.00	0.05
Net Profit Margin	0.01	0.03
Return on Equity	0.04	0.10
Return on Assets	0.00	0.03
Return on Capital Employed	0.03	0.10

6001

CN:COM:SCG

上海建工

Last Close

2.60

25/11 07:00

Market Cap

19.10B

Beta: -

Volume Today

198.22M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	9.76	6.72
P/B Ratio	0.57	0.65
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.07	0.30
EV Multiple	3.76	8.50

Metric
Days Sales Outstanding	139.33	253.10
Days Payables Outstanding	194.45	200.64
Days Inventory Outstanding	80.73	17.02
Operating Cycle	224.13	270.12
Cash Conversion Cycle	29.83	69.47
Asset Turnover	0.89	0.82

Metric
Operating Cash Flow		1.29B
Free Cash Flow		826.78M
Cash Flow to Debt	0.18	0.39
Operating Cash Flow/Sales	0.06	0.05
Free Cash Flow Yield	0.81	0.04

Metric
Cash & Equivalents		6.69B
Accounts Receivable		-1.99B
Inventory		758.10M
Goodwill		4.79M
Debt to Capitalization	0.78	0.28
Debt to Assets	0.24	0.07
Current Ratio	1.14	1.22
Quick Ratio	0.85	1.14

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue	0.04	0.04
SG&A to Revenue	0.01	0.01