Shanghai Tunnel Engineering Co., Ltd.'s (SHSE:600820) Earnings Are Not Doing Enough For Some Investors

When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 28x, you may consider Shanghai Tunnel Engineering Co., Ltd. (SHSE:600820) as a highly attractive investment

Simply Wall StJul 19 18:54 ET

Shanghai Tunnel Engineering's New Projects Rise in H1

Shanghai Tunnel Engineering (SHA:600820) secured construction projects amounting to 46.1 billion yuan in the first half of 2024, up 9.1% from a year prior, according to a filing on the Shanghai

MT NewswiresJul 16 00:29 ET

Shanghai Tunnel Engineering (600820.SH) won a total of 46.1 billion yuan in contracts for construction, design, operation, and digital business in the first half of the year.

Shanghai Tunnel Engineering (600820.SH) announced the main business operation for the first half of the year on July 15, with a total contract amount of 46.1 billion yuan won in construction, design, operation, and digital business, a year-on-year increase of 9.08%; the total investment business amount was 10.303 billion yuan.

Gelonghui FinanceJul 15 03:57 ET

Shanghai Tunnel Engineering (stock code: 600820.SH) plans to increase the capital of Shanghai Jianyuan Asset Management Co., Ltd. by 0.5 billion yuan.

On July 5th, Gelunhui reported that Shanghai Tunnel Engineering (600820.SH) announced that the Board of Directors agreed to increase the capital of Shanghai Jianyuan Asset Management Co., Ltd. in cash, with a capital increase of 0.5 billion yuan. After the capital increase is completed, the registered capital of Shanghai Jianyuan Asset Management Co., Ltd. will be RMB 1.1 billion, still a wholly-owned subsidiary of the company.

Gelonghui FinanceJul 5 03:58 ET

While Private Companies Own 30% of Shanghai Tunnel Engineering Co., Ltd. (SHSE:600820), Individual Investors Are Its Largest Shareholders With 47% Ownership

Key Insights Shanghai Tunnel Engineering's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 18 investors ha

Simply Wall StJun 25 18:32 ET

Shanghai Tunnel Engineering (600820.SH): Subsidiary plans to invest in the Jiaxing Economic Development Zone Low Carbon Park Development Project.

On June 17th, Gelunhui reported that Shanghai Tunnel Engineering (600820.SH) announced that its wholly-owned subsidiary, Shanghai Infrastructure Development (Group) Co., Ltd. (Shanghai Infrastructure), plans to invest in Jiaxing Economic Development Zone's low-carbon park development project, with a total investment of about RMB 1.96 billion. Shanghai Infrastructure will participate in the establishment of Jiaxing Economic Development Low-Carbon Park Development and Construction Co., Ltd., as a social capital participant, with the registered capital of the company tentatively set at RMB 150 million, and Shanghai Infrastructure will hold a 49% stake.

Gelonghui FinanceJun 17 04:00 ET