TacticScaleWhat China Next-Gen Commerce and Supply Chain Does & How It Makes Money (3928.HK)
Updated October 2026 · reflects China Next-Gen Commerce and Supply Chain's latest reported financials
Singapore civil engineering and building contractor with a property investment arm. Most of its revenue comes from construction contracts with government bodies and commercial corporations, plus some income from hauling and transporting construction materials.
How China Next-Gen Commerce and Supply Chain makes money
Most of its revenue comes from construction contracts with government bodies and commercial corporations, plus some income from hauling and transporting construction materials. The rest comes from rent on the residential and industrial properties it owns.
What China Next-Gen Commerce and Supply Chain does
China Next-Gen Commerce and Supply Chain Limited is a Singapore-based investment holding company. It was formerly called S&T Holdings Limited and took its current name in December 2024. Despite the new name, the business described in its filings is construction in Singapore. Its Construction Services segment handles civil engineering jobs such as roads, drainage, earthworks, earth retaining stabilizing structures and soil improvement. It also does building work on industrial facilities, including substructure, piling, addition and alteration, and electrical and mechanical works, and it provides logistics and transport of construction materials. The Property Investment segment owns residential and industrial properties and leases them out, which adds rental income to the contract revenue. Its customers are government bodies and commercial corporations. The company was incorporated in 2018 and is listed in Hong Kong.
Products & services
- Road and drainage works
- Earthworks and soil improvement
- Earth retaining stabilizing structures
- Industrial building substructure and piling
- Addition & alteration and M&E works
- Residential and industrial property leasing
What is China Next-Gen Commerce and Supply Chain worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
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