Fundamental analysis 600106.SS (Chongqing road & bridge co.,ltd)
Updated on 10/06/2026
Method and analysis by Lubin Danilo, founder of Lubin Investment. Score computed automatically, with no human opinion.
We analyzed Chongqing road & bridge co.,ltd stock against the 10 quality criteria of Lubin Investment. The company gets a quality score of 4/10, meaning low quality, and a P/FCF valuation multiple of 103.7×.
Chongqing road & bridge co.,ltd fails part of our quality criteria without the price making up for it. Neither quality nor valuation argues in its favour today, according to our 10 hard criteria.
Sector: Infrastructure Operations. Listing: SS. Current price: 4.51 CNY.
Lubin scoring methodology
Chongqing road & bridge co.,ltd (600106.SS)'s score is calculated automatically from 10 objective financial criteria, with no human intervention or opinion. Each criterion is validated (YES / PARTIAL / NO) based on thresholds drawn from the financial literature (Warren Buffett, Michael Mauboussin, Aswath Damodaran). The final score is the sum of validations.
The thresholds come from the financial literature, not from our preferences: see the valuation work of Aswath Damodaran (NYU Stern) and the SEC investor education resources (investor.gov).
The 10 quantitative criteria analyzed
- Profitable: net margin > 5%
- Growing revenue: revenue growing > 10%/year over 5 years
- Growing earnings per share: FCF per share adjusted for stock-based compensation, > 10%/year over 5 years
- Share count under control: stable or declining (net buybacks = value creation for shareholders)
- Growing revenue per employee: revenue and revenue per employee both grow ≥ 10%/year over 5 years; partial when only one growth driver reaches its tier (fallback: free cash flow margin > 10% when employee history is unavailable)
- Expanding margins: operating margin widens over 5 years (operating leverage)
- Return on invested capital: Cash ROCE > 15% per year
- Debt under control: net debt repayable in less than 3 years of free cash flow
- Earnings converted to cash: free cash flow exceeds accounting net income
- Net collection period: short or negative cash conversion cycle
Its price against peers
Against the 5 other Infrastructure Operations stocks we have scored, Chongqing road & bridge co.,ltd trades at 103.7× its free cash flow, versus a median of 7.2× for that basket. On price alone, Chongqing road & bridge co.,ltd is therefore more expensive than its peers. That says nothing about its quality: at Lubin Investment, quality and price are judged separately, and a low multiple is only a bargain if the quality holds up.
Frequently asked questions
Is Chongqing road & bridge co.,ltd a quality stock?
Chongqing road & bridge co.,ltd gets a quality score of 4/10 (low quality), calculated over the 10 Lubin Investment criteria: profitability, revenue and free cash flow growth, share buybacks, margins, debt and return on capital.
How is Chongqing road & bridge co.,ltd's score calculated?
The score is the total of validated criteria (YES / PARTIAL / NO) using thresholds drawn from the financial literature (Warren Buffett, Mauboussin, Aswath Damodaran), automatically and with no human opinion.
What is Chongqing road & bridge co.,ltd's P/FCF?
The price-to-free-cash-flow (P/FCF) multiple of Chongqing road & bridge co.,ltd stock is 103.7×. At Lubin Investment, valuation is judged separately from quality.
Where to see Chongqing road & bridge co.,ltd's full analysis?
The full interactive analysis (10-criteria detail, history, P/FCF valuation, sector comparisons) is available at https://lubin-investment.com/analyse/600106.SS?lng=en.
Other stocks in the Infrastructure Operations sector
- BF Utilities (BFUTILITIE.NS), score 10/10, P/FCF 4.0×
- Smart Parking (SPZ.AX), score 9/10, P/FCF 22.8×
- Don Muang Tollway Public (DMT.BK), score 9/10, P/FCF 8.1×
- PT Jasa Marga (Persero) Tbk (JSMR.JK), score 8/10
Go further
👉 See the full interactive analysis of 600106.SS
Other resources : All stocks in the Infrastructure Operations sector.