ShareValue scores for 2671.HK: Valuation 26, Quality 55, Growth 50, Health 65.
2671.HKHKEX
USAS Building System (Shanghai) Co., Ltd.
HK$8.60
(+0.58%)
Updated
2671.HKHKEX
USAS Building System (Shanghai) Co., Ltd.
Updated
Pulse
Pulse
Fundamental Rating
Value Trap Risk
If P/E met sector median
Rating
Trap Risk
P/E to median
vs Hong Kong-listed Real Estate stocks
Company Details
USAS Building System (Shanghai) Co., Ltd. provides prefabricated steel structure building (PS building) subcontracting services in the People's Republic of China, Southeast Asia, the United States, and internationally. The company offers PS building subcontracting services, including design and optimization, procurement, production, on-site installation, and quality assurance services; and general contracting services that includes project lifecycle comprising project implementation, construction of primary structures, quality control, scheduling, safety, and budget management for both PS building subcontracting projects and PC building projects. It also provides industrial environmental equipment that focuses on the machinery filtering and acoustic systems, which provides customized intake, exhaust, and dust filtration systems, as well as noise reduction equipment designed for gas turbines. The company serves automotive and auto parts, machinery, food and beverage, textile, commercial construction, building materials, pharmaceutical, and other industries. The company was formerly known as United Metal Building System (Shanghai) Co., Ltd. and changed its name to USAS Building System (Shanghai) Co., Ltd. in April 2012. The company was incorporated in 1999 and is headquartered in Songjiang, China. USAS Building System (Shanghai) Co., Ltd. is a subsidiary of Broad Vision International Group Limited.
Score Analysis
AI Investment Thesis
Valuation looks overvalued: P/E 214.6 versus the sector's 18.4 is roughly 11.7 times richer, while P/B 1.54 versus 1.3 adds a 19% premium, though P/S 0.78 versus 4.7 reflects thin revenue.
Profitability is the decisive weakness: a 0.34% net margin against the sector's 10.5% is about 31 times thinner, and ROE of 2.34% barely beats 2.1% only because equity is small.
On 23 October 2026 shareholders approved voluntary winding up of 51%-owned Guangdong Yuntong, which won no new 2026 orders and will be deconsolidated.