---
title: "中国新零售供应链集团有限公司 (03928.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/03928.HK.md"
symbol: "03928.HK"
name: "中国新零售供应链集团有限公司"
industry: "工程承包商"
---

# 中国新零售供应链集团有限公司 (03928.HK)

| Item | Detail |
|------|--------|
| Industry | 工程承包商 |
| Location | 港股市场 |
| Website | [www.singtec.com.sg](https://www.singtec.com.sg) |

## Company Profile

中国新零售供应链集团有限公司是一家主要从事提供建筑服务及物业投资业务的投资控股公司。该公司通过两个分部开展业务。建筑服务分部向政府及商业公司提供土木工程、楼宇建筑工程和其他配套服务。物业投资分部从事租赁住宅及工商物业。该公司致力于提供建筑服务和解决方案，土木工程 (包括道路工程、土方工程、渠务工程、护土及固土结构工程及土质改良工程)、以工业大厦为主的楼宇建筑工程 (包括地基工程、打桩工程、加建及改建工程以及机电工程)、其他配套服务 (包括建筑材料的物流及运输服务)。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-22T04:30:11.000Z

**Overall: C (0.53)**

**Industry**: Construction and Engineering

| Metric | Value |
|--------|-------|
| Industry Ranking | 59 / 171 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 10.84% |  |
| Net Profit YoY | -13.04% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 33.68 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 5.35B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 365.24M |  |


**Multi Score**: C

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -3.30% | D |
| Profit Margin | -1.43% | D |
| Gross Margin | 7.96% | E |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 10.84% | B |
| Net Profit YoY | -13.04% | D |
| Total Assets YoY | -15.28% | E |
| Net Assets YoY | -3.84% | D |

#### Cash Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -6999.24% | E |
| OCF YoY | 10.84% | B |

#### Operating Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.96 | A |

#### Debt Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 55.71% | D |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 中国新零售供应链集团有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-3.30%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-1.43%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "7.96%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "10.84%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-13.04%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "-15.28%",
          "rating": "E"
        },
        {
          "name": "Net Assets YoY",
          "value": "-3.84%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "D",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-6999.24%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "10.84%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "A",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.96",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "D",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "55.71%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 中环新能源 (HK.1735) | C | A | A | D | A | B |
| 02 | 智云科技建设 (HK.9900) | C | D | A | B | B | B |
| 03 | 俊裕地基 (HK.1757) | D | B | A | D | A | B |
| 04 | 晋景新能 (HK.1783) | C | A | A | B | A | B |
| 05 | 泓基集团 (HK.2535) | B | D | A | A | C | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -1005.21 | 172/173 | - | - | - |
| PB | 33.68 | 157/173 | 26.94 | 13.32 | 5.75 |
| PS (TTM) | 14.36 | 167/173 | 11.52 | 5.72 | 2.76 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/03928.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/03928.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/03928.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.