Guangdong Construction Engineering Group Co., Ltd. Class A

Guangdong Construction Engineering Group Co., Ltd. Class A

SSZSE:002060
3.06
CNY
0.00
(0.00%)
0.28EPS
12.12P/E
11.38BMarket Cap
Oct 24Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.48
4.99
5.56
5.26
5.51
6.91
9.27
10.46
11.94
24.33
22.63
18.19
18.36
17.54
Basic EPS, GAAP
0.07
0.08
0.09
0.11
0.13
0.17
0.19
0.22
0.27
0.5
0.43
0.31
0.3
0.25
Free Cash Flow per Basic Share
-0.74
-0.26
0.44
-0.92
-1.55
-0.42
0.03
-0.75
-0.08
-0.75
-1.43
0.19
-1.77
- -
Dividend per Share
0.2
0.28
0.29
0.31
0.34
0.38
0.45
0.54
0.61
0.35
0.39
0.38
0.38
0.49
Book Value per Share
2.05
2.08
2.16
2.28
2.39
2.52
2.65
3.06
3.27
8.36
3.47
3.67
3.84
3.76
Tangible Book Value per Share
2
2.01
2.08
2.17
2.21
2.28
2.41
1.81
1.66
6.16
2.78
2.96
3.13
3.05
Basic Weighted Avg Shares
1,205
1,202
1,202
1,202
1,202
1,202
1,203
1,202
1,202
3,394
3,574
3,755
3,754
3,754
Sales/Revenue/Turnover
5,398
6,002
6,686
6,323
6,630
8,308
11,143
12,583
14,361
82,575
80,863
68,315
68,920
65,854
Operating Margin (%)
6.33
5.54
7.11
7.65
9.6
8.84
8.27
8.23
8.22
3.46
3.94
3.99
4.15
4.1
Depreciation Expense
207
217
249
324
317
367
495
538
760
1,313
1,274
1,507
1,497
- -
Net Income, GAAP
89
98
107
135
158
201
234
264
328
1,709
1,534
1,168
1,109
939
Effective Tax Rate (%)
9.69
19.89
30.14
25.12
21.29
18.97
19.73
20.27
13.26
11.46
17.29
17.72
22.84
25.07
Profit Margin (%)
1.65
1.64
1.6
2.13
2.38
2.42
2.1
2.09
2.28
2.07
1.9
1.71
1.61
1.43
Working Capital
-282
346
357
-378
-469
-1,737
-2,565
-3,034
-3,184
764
-493
1,595
-260
220
LT Debt
3,632
4,847
5,391
5,397
6,778
6,289
7,859
7,713
9,233
17,622
21,767
24,005
23,183
23,633
Total Equity
2,485
2,529
2,626
2,766
2,921
3,181
3,352
3,854
4,120
11,102
14,148
15,054
15,857
15,554
Return on Invested Capital (%)
1.18
1.1
1.1
1.23
1.46
1.6
1.72
1.69
1.95
6.21
4.03
2.86
2.46
1.97
Return on Capital (%)
3.92
3.96
3.59
3.88
4.07
4.12
4.11
4.24
4.34
7.91
5.21
3.81
3.32
2.9
Return on Common Equity (%)
3.69
3.96
4.2
5.05
5.64
6.8
7.53
7.68
8.62
24.47
13.3
8.73
7.87
6.7

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12,774
12,577
13,348
LT Borrowings
22,732
23,379
23,155
LT Finance Leases
451
511
478
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,754
3,754
3,754
Market Capitalization
13,516
14,717
11,376

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
108,222
103,746
104,061
Cash, Cash Equivalents & STI
17,923
14,955
15,081
Accounts Receivable, Net
44,717
43,588
44,597
Inventories
1,027
1,125
1,067
Total Current Liabilities
108,481
103,298
103,840
Payables & Accruals
- -
- -
- -
ST Debt
12,774
12,577
13,348
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.57%
43.1%
5.34%
Free Cash Flow
-191.36%
293.19%
-1,049.51%
Net Income, GAAP
50.59%
81.28%
-5.07%
Sales/Revenue/Turnover
54.42%
94.48%
0.89%
Total Cash Common Dividend
16.15%
18.6%
-1.03%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,573
12,919
14,717
27,106
68,315
2025
14,422
14,891
- -
25,532
68,920
2026
13,960
11,472
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.08
0.05
0.14
0.31
2025
0.04
0.06
- -
0.15
0.3
2026
0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.23
0.07
0.03
0.38
2025
0.06
0.2
- -
0.05
0.38
2026
0.06
0.19
- -
- -
- -

Company Description

CEO
Yan Hui Xie
Full Time Employees
16,743
Sector
Industrial services
Industry
Engineering & construction
Address
No. 85 Liuhua Road Guangzhou GD China 51 0013
IPO Date
Aug 10, 2006
Website
gdsdej.com
Business
Guangdong Construction Engineering Group Co., Ltd. engages primarily in engineering construction and clean energy businesses within China. The company provides project construction services excluding product sales, including water conservancy and hydropower facilities, municipal public works, highway projects, mechanical and electrical installation projects, foundation projects, housing construction, steel structure fabrication and installation, and architectural decoration and renovation; power generation from hydropower, wind power, solar energy, and photovoltaics; intelligent equipment manufacturing such as wind power towers and photovoltaic support equipment and construction materials; and survey, design, and consulting services covering energy planning, water resources investment and development, and technology promotion. It operates a comprehensive industry chain integrating architectural design, technology research and development, construction, operation, and maintenance, with wholesale of building materials and electricity and heat production and supply; the company primarily serves domestic markets, with sales concentrated in Guangdong province, supplemented by operations in other areas including Hunan, Guangxi, and Xinjiang. Guangdong Construction Engineering Group Co., Ltd., formerly known as Guangdong No.2 Hydropower Engineering Company, Ltd., was incorporated in 2001 and is headquartered at No. 85 Liuhua Road, Guangzhou, China; it maintains 16,529 employees and is controlled by Guangdong Construction Engineering Group Holdings Co., Ltd., functioning as the only state-owned listed construction company in Guangdong Province. In January 2023, the company completed a major asset restructuring; it officially changed its name to Guangdong Construction Engineering Group Co., Ltd. in February 2024; recent developments include a subsidiary winning a bid for the Guangzhou Financial City East District Chebei Village Collective Property Reconstruction Project worth 1.924 billion yuan in September 2025, signing a cooperation framework agreement with CNNC Hua Yuan Titanium Dioxide for a comprehensive energy project in Baiyin City, Gansu Province valued at 4.27 billion yuan in December 2024, and newly contracted construction projects amounting to 20.9 billion yuan in the second quarter of 2025.