Suzhou Gold Mantis Construction Decoration Co., Ltd.
002081 · SZSE · China
goldmantis.comFinancials as of FY2025
A project-based construction and interior-decoration contractor that wins work through competitive bidding and earns revenue as contracted design and building work is completed, rather than at a single sale.
- Depends onDownstream position: depends on 32 industries, supplies 6
- ScaleMarket cap is $1.95B, above the global median of $1.18B
- FinancialsAltman Z-Score 1.72: grey zone
- Interpretations3 currently firing — 3
What this company is and how it runs — written from structure, not news.
Its own account describes the company sitting between building owners who need interior and decoration work done and a network it must run itself: design teams, supply-chain factories and professional labor crews. It says a central project-management system coordinates factory output, material deliveries, labor, schedules, quality and safety across many simultaneous projects to deliver finished spaces back to owners, and CompanyGraph separately maps it as sitting downstream of a wide range of supplying industries and upstream of a much smaller set that it supplies in turn.
It earns revenue by bidding for individual, project-based construction and design contracts and recognizing that revenue over time as work is completed rather than at a single sale, with most of it coming from decoration work itself and smaller shares from curtain-wall installation, design services and material sales sold directly to project owners. Reported profitability has held through the most recent run of years on file but has not always done so further back, consistent with earnings that move with broader construction and investment cycles.
CompanyGraph reads its scaling as resting on carrying a pipeline of contracted work larger than what it has already completed and recognized as revenue, coordinated through a centralized project-management system built to run many projects at once rather than by expanding a single site's output. Its own account also describes scaling geographically, by setting up local subsidiaries in new countries rather than only exporting projects from its home base, and CompanyGraph separately places a large number of other companies under this same project-based, long-timeline way of operating.
Its own account describes dependence on macroeconomic conditions and the pace of fixed-asset investment that drive demand for its work, on industry, environmental and local policy that governs which projects it can take, and on physical inputs such as stone, wood veneer and metal that it sources through its own procurement arm alongside outside contract manufacturers and an in-house factory for prefabricated components. For overseas projects it also depends on local law, currency conditions and supply chains in each country where it operates, and CompanyGraph separately maps it as downstream of many more industries than it supplies.
Its own account describes customers concentrated among government bodies, state-owned enterprises and large corporate owners in sectors such as infrastructure, new energy, advanced manufacturing and biopharmaceuticals, covering hotel, cultural, commercial, transport-hub and office projects. It states that no single named customer accounts for a large share of total revenue, with revenue spread across many owner relationships rather than concentrated in a few, though a separate company statement names large technology, automotive and healthcare companies, including Huawei, Alibaba and Geely, among the customers it has worked with on a long-term basis.
CompanyGraph places a large number of other companies under this same project-based, long-timeline way of operating, so the basic way it organizes work is not a rare position among the companies it tracks this way. Its own account claims specific strengths, including brand recognition, an integrated design-to-construction capability, centralized supply-chain and cost control, digital project-management systems and overseas operating experience, along with a self-reported leading industry ranking, but there is no independent basis here for judging whether rivals can or cannot replicate any of that.
Its own account describes contracts won through competitive bidding, with revenue recognized over time as work progresses, some amounts collected as advance receipts before design work is finished, and a total value of contracted but not-yet-completed work that is larger than what has already been billed. CompanyGraph reads this billing structure, where work and payment are already committed and partly advanced before a project is finished, as pointing to a cost to changing contractors mid-project, though the company's own account does not itself describe why owners stay or disclose any retention measure.
The company's own account of what limits its growth points to the demand side: macroeconomic conditions and the timing of fixed-asset investment, policy changes affecting market access and operating cost, and competitive pressure on pricing and share, which it names as shaping business development, collections and working-capital turnover. CompanyGraph's general expectation for this way of operating instead frames the limit as execution risk across long, multi-year contract commitments, a starting assumption to check against the company rather than a confirmed measurement of it, and the two do not fully overlap.
Its own account lists accounts-receivable impairment among the risks it names in its own risk disclosure, consistent with a business that recognizes revenue on long projects before it collects the cash and depends on customers' own credit and operating conditions to eventually pay. It also discloses unresolved construction-contract disputes with multiple counterparties and other claims both for and against it that sit below its own disclosure threshold. Ownership is concentrated: its own disclosures show the controlling group and a related entity under the same ultimate controller together holding a large combined stake, a structure that ties governance closely to a single controlling party.
Its own account names the securities regulator and stock exchange that oversee it and a set of first-class construction, decoration and specialty contracting licenses it depends on keeping in place to operate. It also reports exposure to a wide range of foreign currencies that it states it has not hedged, and in its own risk disclosure it leads with macroeconomic conditions, followed by industry policy, competitive pressure, the management challenge of overseas expansion and impairment on customer receivables, pointing to a business shaped more by broad economic and policy cycles than by any single named threat.
Read from the company's own filings and public materials (gathered August 2026) together with figures CompanyGraph recomputed from its statements. Written September 2026. A question with no evidence behind it is left out rather than answered.
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
The reported statements, read against the company's own industry.
3 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Cash Backing With OCF Coverage And Cash Near Total Debt
Cash on hand covers most or all of its total debt, and cash flow matches reported earnings.
How is this stock valued?
Drawdown With FCF And Cash Backing
Well below its peak, with three years of positive free cash flow behind it.
Where is this company structurally exposed?
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Financial Health
Supply Chain
Scale
Companies that share the same coordination system — how they create, deliver, or capture value.
Companies that share active interpretations — structural patterns currently present in both stocks.