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China State Construction Engineering Corporation Limited

China State Construction Engineering Corporation Limited

601668.SS
China State Construction Engineering Corporation LimitedCN flagShanghai Stock Exchange
4.53
CNY
+0.05
- -
187.18BMarket Cap
China State Construction Engineering Corporation Limited
601668.SS
(Shanghai Stock Exchange)

Recent

price

4.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
8.88
11.57
13.49
16.23
18.99
20.27
22.03
24.32
27.28
32.88
38.47
45.9
49.61
54.69
52.56
50.1
51.58
Revenue per Share
0.22
0.32
0.37
0.49
0.54
0.6
0.69
0.76
0.87
0.97
1.07
1.25
1.23
1.31
1.11
0.94
1.13
Basic EPS, GAAP
-0.43
-0.61
-0.17
-0.28
0.28
0.95
2.16
-1.4
-0.19
-1.27
-0.7
-0.42
-0.53
-0.56
-0.1
-0.14
-0.53
Free Cash Flow per Basic Share
0.1
0.12
0.24
0.34
0.39
0.44
0.53
0.57
0.59
0.68
0.74
0.79
0.84
1.01
1.06
0.97
0.81
Dividend per Share
1.1
1.33
1.64
2.05
2.46
2.82
3.29
3.88
4.72
5.55
6.52
7.57
8.44
9.46
10.19
10.83
10.62
Book Value per Share
2.29
2.62
3.05
3.66
4.41
4.9
6.01
7.23
9.11
10.84
13.15
14.96
15.74
16.8
17.64
18.71
18.37
Tangible Book Value per Share
41,730
42,449
42,364
41,997
42,131
43,436
43,561
43,344
43,956
43,177
41,986
41,239
41,423
41,423
41,616
41,563
41,700
Basic Weighted Avg Shares
370,657
491,290
571,516
681,792
800,029
880,577
959,765
1,054,107
1,199,325
1,419,837
1,615,051
1,892,706
2,055,052
2,265,529
2,187,334
2,082,142
2,150,917
Sales/Revenue/Turnover
5.27
5.59
5.76
5.84
6.51
6.59
6.02
6.89
7.68
6.44
6.16
6.33
5.54
5.37
5.39
5.35
5.35
Operating Margin (%)
2,547
2,985
3,587
4,208
5,144
6,053
6,652
7,584
8,486
8,709
8,706
11,521
12,857
13,945
14,500
14,105
- -
Depreciation Expense
9,240
13,644
15,735
20,399
22,570
26,062
29,870
32,942
38,241
41,881
44,925
51,549
50,950
54,264
46,194
39,069
47,140
Net Income, GAAP
25.06
25.68
24.48
24.4
23.44
24.64
20.99
22.77
22.9
22.42
24.76
22.93
22.09
20.92
21.61
23.73
21.6
Effective Tax Rate (%)
2.49
2.78
2.75
2.99
2.82
2.96
3.11
3.13
3.19
2.95
2.78
2.72
2.48
2.4
2.11
1.88
2.19
Profit Margin (%)
103,942
113,623
136,252
149,836
172,738
222,216
310,328
253,738
303,784
315,778
381,527
439,550
445,485
458,530
517,474
540,640
545,294
Working Capital
61,747
81,976
113,735
139,873
156,189
199,497
264,899
283,799
324,121
347,397
381,680
441,930
507,609
555,093
626,777
643,236
644,780
LT Debt
103,281
119,492
139,554
164,564
196,913
238,783
290,999
341,729
429,264
501,835
577,148
641,679
680,387
731,070
771,981
822,508
806,649
Total Equity
8.3
8.75
8.48
8.63
9.64
8.88
7.64
7.96
8.73
7.44
7
7.78
6.64
6.48
5.78
5.01
5.22
Return on Invested Capital (%)
4.03
5.8
5.28
5.57
4.98
5.19
4.77
4
3.83
3.23
2.84
3.2
3.67
3.57
3.01
2.39
2.92
Return on Capital (%)
21.85
26.59
24.95
26.2
23.77
23.02
22.47
21.16
20.36
18.73
17.5
17.59
15.4
14.64
11.32
8.94
11.06
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
236,660
253,789
270,414
LT Borrowings
622,517
647,109
641,104
LT Finance Leases
4,260
4,185
3,677
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41,610
41,320
41,320
Market Capitalization
255,803
219,342
240,609

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,279,004
2,345,254
2,463,454
Cash, Cash Equivalents & STI
424,441
353,811
380,198
Accounts Receivable, Net
317,144
360,870
372,011
Inventories
772,168
806,419
774,817
Total Current Liabilities
1,761,530
1,786,749
1,918,160
Payables & Accruals
- -
- -
- -
ST Debt
236,660
253,789
270,414
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.37%
7.36%
6.55%
Free Cash Flow
33.88%
-9.91%
42.26%
Net Income, GAAP
4.76%
-2.04%
-15.42%
Sales/Revenue/Turnover
9.25%
5.55%
-4.81%
Total Cash Common Dividend
7.97%
5.9%
-8.08%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
549,319
595,300
481,922
560,607
2,187,334
2025
555,423
552,965
523,922
- -
2,082,142
2026
511,847
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
- -
- -
- -
1.11
2025
0.36
- -
- -
- -
0.94
2026
0.33
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
- -
- -
- -
1.06
2025
0.12
- -
- -
- -
0.97
2026
0.13
- -
- -
- -
- -
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Business
China State Construction Engineering Corporation Limited (CSCEC) (601668.SS) operates as a leading global construction and engineering conglomerate, engaging in house building construction and infrastructure construction; real estate development and investment; and surveying, design, and consulting services. The company provides general contracting, design-procurement-construction (EPC), project management, equipment leasing, trade, and facilities management across its integrated industrial chain, serving government entities, private developers, and international clients in sectors such as housing, highways, bridges, railways, airports, and green buildings. CSCEC maintains operations in over 100 countries and regions, with a strong presence in Asia, Africa, the Middle East, Europe, and the Americas, including subsidiaries like China State Construction International Holdings and China Construction Design International. Headquartered in Beijing, China, and founded in 1957 with formal establishment as a corporation in 1982, CSCEC listed on the Shanghai Stock Exchange in 2009 through the world's largest IPO that year, raising US$7.3 billion. Recent developments include a strategic partnership with NWTN in December 2023 to develop new energy vehicles and green hydrogen projects, encompassing planning, general contracting, and financing; expanded focus on sustainable construction and digital transformation; and ongoing international revenue growth, with overseas contracts contributing around 30% of total revenue amid projections for 8% annual growth through 2027. In 2024, the company reported total sales revenue of approximately CNY 3.8 trillion, reinforcing its position as the world's largest construction firm by revenue.