View ValuationChina State Construction Engineering 将来の成長Future 基準チェック /16China State Construction Engineering利益と収益がそれぞれ年間5.3%と3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に8.1% 5.4%なると予測されています。主要情報5.3%収益成長率5.43%EPS成長率Construction 収益成長11.9%収益成長率3.0%将来の株主資本利益率8.05%アナリストカバレッジGood最終更新日19 Jul 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • Jul 10Dividend increased to CN¥0.27Dividend of CN¥0.27 is 0.1% higher than last year. Ex-date: 16th July 2026 Payment date: 16th July 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 30China State Construction Engineering Corporation Limited to Report First Half, 2026 Results on Aug 29, 2026China State Construction Engineering Corporation Limited announced that they will report first half, 2026 results on Aug 29, 2026Board Change • Jun 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Duan Hongyi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • May 20High number of new directorsIndependent Director Ruchen Liu was the last director to join the board, commencing their role in 2024.お知らせ • Apr 29China State Construction Engineering Corporation Limited, Annual General Meeting, May 19, 2026China State Construction Engineering Corporation Limited, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 2F, Podium Building, Building 3, Yard No. 5, Anding Road, Chaoyang District, Beijing Chinaお知らせ • Mar 30China State Construction Engineering Corporation Limited to Report Q1, 2026 Results on Apr 30, 2026China State Construction Engineering Corporation Limited announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26China State Construction Engineering Corporation Limited to Report Fiscal Year 2025 Results on Apr 30, 2026China State Construction Engineering Corporation Limited announced that they will report fiscal year 2025 results on Apr 30, 2026お知らせ • Sep 30China State Construction Engineering Corporation Limited to Report Q3, 2025 Results on Oct 31, 2025China State Construction Engineering Corporation Limited announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jun 30China State Construction Engineering Corporation Limited to Report First Half, 2025 Results on Aug 30, 2025China State Construction Engineering Corporation Limited announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Apr 29China State Construction Engineering Corporation Limited, Annual General Meeting, May 23, 2025China State Construction Engineering Corporation Limited, Annual General Meeting, May 23, 2025, at 14:30 China Standard Time.お知らせ • Mar 28China State Construction Engineering Corporation Limited to Report Q1, 2025 Results on Apr 30, 2025China State Construction Engineering Corporation Limited announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27China State Construction Engineering Corporation Limited to Report Fiscal Year 2024 Results on Apr 30, 2025China State Construction Engineering Corporation Limited announced that they will report fiscal year 2024 results on Apr 30, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.35 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.25 (down from CN¥0.35 in 3Q 2023). Revenue: CN¥481.9b (down 14% from 3Q 2023). Net income: CN¥10.5b (down 29% from 3Q 2023). Profit margin: 2.2% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ruchen Liu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 30China State Construction Engineering Corporation Limited to Report Q3, 2024 Results on Oct 31, 2024China State Construction Engineering Corporation Limited announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.78, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 39% over the past three years.Reported Earnings • Sep 03Second quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.35 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥595.3b (up 1.2% from 2Q 2023). Net income: CN¥14.3b (up 1.6% from 2Q 2023). Profit margin: 2.4% (in line with 2Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.お知らせ • Jun 28China State Construction Engineering Corporation Limited to Report First Half, 2024 Results on Aug 31, 2024China State Construction Engineering Corporation Limited announced that they will report first half, 2024 results on Aug 31, 2024Declared Dividend • Jun 23Dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 01China State Construction Engineering Corporation Limited, Annual General Meeting, May 24, 2024China State Construction Engineering Corporation Limited, Annual General Meeting, May 24, 2024, at 14:30 China Standard Time. Location: 2F, Building 3, Yard No. 5, Anding Road, Chaoyang District, Beijing ChinaReported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥1.31 (vs CN¥1.23 in FY 2022)Full year 2023 results: EPS: CN¥1.31 (up from CN¥1.23 in FY 2022). Revenue: CN¥2.27t (up 10% from FY 2022). Net income: CN¥54.1b (up 7.3% from FY 2022). Profit margin: 2.4% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.お知らせ • Mar 30China State Construction Engineering Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024China State Construction Engineering Corporation Limited announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Dec 30China State Construction Engineering Corporation Limited to Report Fiscal Year 2023 Results on Apr 30, 2024China State Construction Engineering Corporation Limited announced that they will report fiscal year 2023 results on Apr 30, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.36 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.35 (down from CN¥0.36 in 3Q 2022). Revenue: CN¥557.9b (up 18% from 3Q 2022). Net income: CN¥14.8b (down 4.9% from 3Q 2022). Profit margin: 2.7% (down from 3.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.お知らせ • Sep 30China State Construction Engineering Corporation Limited to Report Q3, 2023 Results on Oct 31, 2023China State Construction Engineering Corporation Limited announced that they will report Q3, 2023 results on Oct 31, 2023お知らせ • Jun 28China State Construction Engineering Corporation Limited to Report First Half, 2023 Results on Aug 31, 2023China State Construction Engineering Corporation Limited announced that they will report first half, 2023 results on Aug 31, 2023Reported Earnings • Apr 18Full year 2022 earnings released: EPS: CN¥1.23 (vs CN¥1.25 in FY 2021)Full year 2022 results: EPS: CN¥1.23. Revenue: CN¥2.06t (up 8.7% from FY 2021). Net income: CN¥51.0b (flat on FY 2021). Profit margin: 2.5% (down from 2.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in China.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Chairman Xuexuan Zheng is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.30 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.36 (up from CN¥0.30 in 3Q 2021). Revenue: CN¥474.5b (up 19% from 3Q 2021). Net income: CN¥15.6b (up 22% from 3Q 2021). Profit margin: 3.3% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Jun 22High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Chairman Xuexuan Zheng is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • May 31High number of new directorsIndependent Director Xu Wenrong was the last director to join the board, commencing their role in 2021.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.27 in 1Q 2021). Revenue: CN¥485.4b (up 20% from 1Q 2021). Net income: CN¥12.9b (up 17% from 1Q 2021). Profit margin: 2.7% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 16% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new directorsIndependent Director Xu Wenrong was the last director to join the board, commencing their role in 2021.Reported Earnings • Apr 17Full year 2021 earnings released: EPS: CN¥1.25 (vs CN¥1.07 in FY 2020)Full year 2021 results: EPS: CN¥1.25 (up from CN¥1.07 in FY 2020). Revenue: CN¥1.89t (up 17% from FY 2020). Net income: CN¥51.4b (up 16% from FY 2020). Profit margin: 2.7% (in line with FY 2020). Over the next year, revenue is forecast to grow 9.0%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.27 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥400.3b (up 15% from 3Q 2020). Net income: CN¥12.8b (up 13% from 3Q 2020). Profit margin: 3.2% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥5.35, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 16% over the past three years.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥532.0b (up 15% from 2Q 2020). Net income: CN¥14.6b (up 19% from 2Q 2020). Profit margin: 2.7% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 18Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.97 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.62t (up 14% from FY 2019). Net income: CN¥44.9b (up 13% from FY 2019). Profit margin: 2.8% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 16New 90-day high: CN¥5.18The company is up 2.0% from a price of CN¥5.10 on 16 December 2020. Outperformed the Chinese market which is down 2.0% over the last 90 days. Exceeded the Construction industry, which is up 1.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.87 per share.Is New 90 Day High Low • Jan 28New 90-day low: CN¥4.83The company is down 5.0% from its price of CN¥5.11 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.99 per share.Is New 90 Day High Low • Jan 11New 90-day low: CN¥4.87The company is down 5.0% from its price of CN¥5.11 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.09 per share.Is New 90 Day High Low • Dec 22New 90-day low: CN¥5.02The company is down 1.0% from its price of CN¥5.07 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.88 per share.Is New 90 Day High Low • Nov 07New 90-day high: CN¥5.37The company is up 5.0% from its price of CN¥5.11 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.53 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥42.7b, up 15% from the prior year. Total revenue was CN¥1.52t over the last 12 months, up 14% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 3.5% at CN¥347.9b. Revenue is forecast to grow 13% over the next year, compared to a 17% growth forecast for the Construction industry in China.業績と収益の成長予測XSSC:601668 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,170,52142,010N/A37,886512/31/20272,225,52443,131N/A43,2811012/31/20262,115,02238,249N/A32,33873/31/20262,038,56637,655-73339,423N/A12/31/20252,082,14238,785-19,32220,537N/A9/30/20252,119,09444,388-7,55523,336N/A6/30/20252,151,10446,81113,59041,744N/A3/31/20252,193,43846,000-5,61116,548N/A12/31/20242,187,33445,910-10,11415,826N/A9/30/20242,220,82850,107-89,133-49,628N/A6/30/20242,296,83554,457-122,478-87,179N/A3/31/20242,290,02054,234-64,447-20,141N/A12/31/20232,265,52954,057-28,77911,030N/A9/30/20232,190,30050,48216,47039,998N/A6/30/20232,107,13951,25841,72662,333N/A3/31/20232,094,44552,18832,36260,935N/A12/31/20222,055,05250,365-25,4313,829N/A9/30/20222,091,59556,672-31,0454,834N/A6/30/20222,017,17153,838-44,988-5,329N/A3/31/20221,973,39752,888-100,977-62,761N/A12/31/20211,892,70650,959-22,64813,990N/A9/30/20211,876,04950,8599,79065,322N/A6/30/20211,823,62549,914-13,24441,173N/A3/31/20211,755,96447,59411,62765,471N/A12/31/20201,615,05144,174-32,48320,274N/A9/30/20201,522,34441,050-42,663-15,958N/A6/30/20201,462,60538,890-51,188-21,969N/A3/31/20201,386,09038,607-49,067-27,080N/A12/31/20191,419,83739,893N/A-34,220N/A9/30/20191,332,41438,696N/A-31,406N/A6/30/20191,295,81737,186N/A-10,978N/A3/31/20191,226,74136,728N/A1,445N/A12/31/20181,199,32536,015N/A10,311N/A9/30/20181,123,71733,188N/A-33,159N/A6/30/20181,117,77933,880N/A-46,338N/A3/31/20181,089,44032,732N/A-65,915N/A12/31/20171,054,10731,671N/A-43,457N/A9/30/20171,060,46429,601N/A8,373N/A6/30/20171,015,32530,399N/A41,151N/A3/31/2017980,52929,288N/A77,920N/A12/31/2016959,76528,584N/A107,048N/A9/30/2016939,43630,711N/A93,558N/A6/30/2016936,53827,373N/A91,121N/A3/31/2016900,87325,744N/A66,497N/A12/31/2015880,57724,989N/A54,604N/A9/30/2015845,32324,561N/A53,872N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 601668の予測収益成長率 (年間5.3% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 601668の収益 ( 5.3% ) CN市場 ( 26.3% ) よりも低い成長が予測されています。高成長収益: 601668の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 601668の収益 ( 3% ) CN市場 ( 16.1% ) よりも低い成長が予測されています。高い収益成長: 601668の収益 ( 3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 601668の 自己資本利益率 は、3年後には低くなると予測されています ( 8.1 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/19 10:36終値2026/07/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋China State Construction Engineering Corporation Limited 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。19 アナリスト機関Summer WangBofA Global ResearchTian Guang LongChina Galaxy Securities Co., Ltd.Yan ChenChina International Capital Corporation Limited16 その他のアナリストを表示
Declared Dividend • Jul 10Dividend increased to CN¥0.27Dividend of CN¥0.27 is 0.1% higher than last year. Ex-date: 16th July 2026 Payment date: 16th July 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 30China State Construction Engineering Corporation Limited to Report First Half, 2026 Results on Aug 29, 2026China State Construction Engineering Corporation Limited announced that they will report first half, 2026 results on Aug 29, 2026
Board Change • Jun 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Duan Hongyi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 20High number of new directorsIndependent Director Ruchen Liu was the last director to join the board, commencing their role in 2024.
お知らせ • Apr 29China State Construction Engineering Corporation Limited, Annual General Meeting, May 19, 2026China State Construction Engineering Corporation Limited, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 2F, Podium Building, Building 3, Yard No. 5, Anding Road, Chaoyang District, Beijing China
お知らせ • Mar 30China State Construction Engineering Corporation Limited to Report Q1, 2026 Results on Apr 30, 2026China State Construction Engineering Corporation Limited announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26China State Construction Engineering Corporation Limited to Report Fiscal Year 2025 Results on Apr 30, 2026China State Construction Engineering Corporation Limited announced that they will report fiscal year 2025 results on Apr 30, 2026
お知らせ • Sep 30China State Construction Engineering Corporation Limited to Report Q3, 2025 Results on Oct 31, 2025China State Construction Engineering Corporation Limited announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jun 30China State Construction Engineering Corporation Limited to Report First Half, 2025 Results on Aug 30, 2025China State Construction Engineering Corporation Limited announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Apr 29China State Construction Engineering Corporation Limited, Annual General Meeting, May 23, 2025China State Construction Engineering Corporation Limited, Annual General Meeting, May 23, 2025, at 14:30 China Standard Time.
お知らせ • Mar 28China State Construction Engineering Corporation Limited to Report Q1, 2025 Results on Apr 30, 2025China State Construction Engineering Corporation Limited announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27China State Construction Engineering Corporation Limited to Report Fiscal Year 2024 Results on Apr 30, 2025China State Construction Engineering Corporation Limited announced that they will report fiscal year 2024 results on Apr 30, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.35 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.25 (down from CN¥0.35 in 3Q 2023). Revenue: CN¥481.9b (down 14% from 3Q 2023). Net income: CN¥10.5b (down 29% from 3Q 2023). Profit margin: 2.2% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ruchen Liu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 30China State Construction Engineering Corporation Limited to Report Q3, 2024 Results on Oct 31, 2024China State Construction Engineering Corporation Limited announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.78, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 39% over the past three years.
Reported Earnings • Sep 03Second quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.35 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥595.3b (up 1.2% from 2Q 2023). Net income: CN¥14.3b (up 1.6% from 2Q 2023). Profit margin: 2.4% (in line with 2Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
お知らせ • Jun 28China State Construction Engineering Corporation Limited to Report First Half, 2024 Results on Aug 31, 2024China State Construction Engineering Corporation Limited announced that they will report first half, 2024 results on Aug 31, 2024
Declared Dividend • Jun 23Dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 01China State Construction Engineering Corporation Limited, Annual General Meeting, May 24, 2024China State Construction Engineering Corporation Limited, Annual General Meeting, May 24, 2024, at 14:30 China Standard Time. Location: 2F, Building 3, Yard No. 5, Anding Road, Chaoyang District, Beijing China
Reported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥1.31 (vs CN¥1.23 in FY 2022)Full year 2023 results: EPS: CN¥1.31 (up from CN¥1.23 in FY 2022). Revenue: CN¥2.27t (up 10% from FY 2022). Net income: CN¥54.1b (up 7.3% from FY 2022). Profit margin: 2.4% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Mar 30China State Construction Engineering Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024China State Construction Engineering Corporation Limited announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Dec 30China State Construction Engineering Corporation Limited to Report Fiscal Year 2023 Results on Apr 30, 2024China State Construction Engineering Corporation Limited announced that they will report fiscal year 2023 results on Apr 30, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.36 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.35 (down from CN¥0.36 in 3Q 2022). Revenue: CN¥557.9b (up 18% from 3Q 2022). Net income: CN¥14.8b (down 4.9% from 3Q 2022). Profit margin: 2.7% (down from 3.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Sep 30China State Construction Engineering Corporation Limited to Report Q3, 2023 Results on Oct 31, 2023China State Construction Engineering Corporation Limited announced that they will report Q3, 2023 results on Oct 31, 2023
お知らせ • Jun 28China State Construction Engineering Corporation Limited to Report First Half, 2023 Results on Aug 31, 2023China State Construction Engineering Corporation Limited announced that they will report first half, 2023 results on Aug 31, 2023
Reported Earnings • Apr 18Full year 2022 earnings released: EPS: CN¥1.23 (vs CN¥1.25 in FY 2021)Full year 2022 results: EPS: CN¥1.23. Revenue: CN¥2.06t (up 8.7% from FY 2021). Net income: CN¥51.0b (flat on FY 2021). Profit margin: 2.5% (down from 2.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in China.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Chairman Xuexuan Zheng is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.30 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.36 (up from CN¥0.30 in 3Q 2021). Revenue: CN¥474.5b (up 19% from 3Q 2021). Net income: CN¥15.6b (up 22% from 3Q 2021). Profit margin: 3.3% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Jun 22High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Chairman Xuexuan Zheng is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • May 31High number of new directorsIndependent Director Xu Wenrong was the last director to join the board, commencing their role in 2021.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.27 in 1Q 2021). Revenue: CN¥485.4b (up 20% from 1Q 2021). Net income: CN¥12.9b (up 17% from 1Q 2021). Profit margin: 2.7% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 16% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new directorsIndependent Director Xu Wenrong was the last director to join the board, commencing their role in 2021.
Reported Earnings • Apr 17Full year 2021 earnings released: EPS: CN¥1.25 (vs CN¥1.07 in FY 2020)Full year 2021 results: EPS: CN¥1.25 (up from CN¥1.07 in FY 2020). Revenue: CN¥1.89t (up 17% from FY 2020). Net income: CN¥51.4b (up 16% from FY 2020). Profit margin: 2.7% (in line with FY 2020). Over the next year, revenue is forecast to grow 9.0%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.27 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥400.3b (up 15% from 3Q 2020). Net income: CN¥12.8b (up 13% from 3Q 2020). Profit margin: 3.2% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥5.35, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥532.0b (up 15% from 2Q 2020). Net income: CN¥14.6b (up 19% from 2Q 2020). Profit margin: 2.7% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 18Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.97 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.62t (up 14% from FY 2019). Net income: CN¥44.9b (up 13% from FY 2019). Profit margin: 2.8% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 16New 90-day high: CN¥5.18The company is up 2.0% from a price of CN¥5.10 on 16 December 2020. Outperformed the Chinese market which is down 2.0% over the last 90 days. Exceeded the Construction industry, which is up 1.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.87 per share.
Is New 90 Day High Low • Jan 28New 90-day low: CN¥4.83The company is down 5.0% from its price of CN¥5.11 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.99 per share.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥4.87The company is down 5.0% from its price of CN¥5.11 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.09 per share.
Is New 90 Day High Low • Dec 22New 90-day low: CN¥5.02The company is down 1.0% from its price of CN¥5.07 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.88 per share.
Is New 90 Day High Low • Nov 07New 90-day high: CN¥5.37The company is up 5.0% from its price of CN¥5.11 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.53 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥42.7b, up 15% from the prior year. Total revenue was CN¥1.52t over the last 12 months, up 14% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 3.5% at CN¥347.9b. Revenue is forecast to grow 13% over the next year, compared to a 17% growth forecast for the Construction industry in China.