China State Construction Engineering Corp Ltd (601668) - Net Assets

Latest as of September 2025: CN¥807.74 Billion CNY ≈ $118.20 Billion USD

Based on the latest financial reports, China State Construction Engineering Corp Ltd (601668) has net assets worth CN¥807.74 Billion CNY (≈ $118.20 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.41 Trillion ≈ $499.36 Billion USD) and total liabilities (CN¥2.60 Trillion ≈ $381.16 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of China State Construction Engineering Cor to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥807.74 Billion
% of Total Assets	23.67%
Annual Growth Rate	26.82%
5-Year Change	33.68%
10-Year Change	223.08%
Growth Volatility	42.43

China State Construction Engineering Corp Ltd - Net Assets Trend (2005–2024)

This chart illustrates how China State Construction Engineering Corp Ltd's net assets have evolved over time, based on quarterly financial data. Also explore China State Construction Engineering Cor (601668) total assets for the complete picture of this company's asset base.

Annual Net Assets for China State Construction Engineering Corp Ltd (2005–2024)

The table below shows the annual net assets of China State Construction Engineering Corp Ltd from 2005 to 2024. For live valuation and market cap data, see market cap of China State Construction Engineering Cor.

Year	Net Assets	Change
2024-12-31	CN¥771.46 Billion ≈ $112.89 Billion	+5.52%
2023-12-31	CN¥731.07 Billion ≈ $106.98 Billion	+7.45%
2022-12-31	CN¥680.39 Billion ≈ $99.56 Billion	+6.36%
2021-12-31	CN¥639.70 Billion ≈ $93.61 Billion	+10.85%
2020-12-31	CN¥577.10 Billion ≈ $84.45 Billion	+15.00%
2019-12-31	CN¥501.84 Billion ≈ $73.43 Billion	+16.91%
2018-12-31	CN¥429.26 Billion ≈ $62.81 Billion	+25.62%
2017-12-31	CN¥341.73 Billion ≈ $50.01 Billion	+17.43%
2016-12-31	CN¥291.00 Billion ≈ $42.58 Billion	+21.87%
2015-12-31	CN¥238.78 Billion ≈ $34.94 Billion	+21.26%
2014-12-31	CN¥196.91 Billion ≈ $28.81 Billion	+19.66%
2013-12-31	CN¥164.56 Billion ≈ $24.08 Billion	+17.92%
2012-12-31	CN¥139.55 Billion ≈ $20.42 Billion	+17.83%
2011-12-31	CN¥118.44 Billion ≈ $17.33 Billion	+14.70%
2010-12-31	CN¥103.26 Billion ≈ $15.11 Billion	+16.91%
2009-12-31	CN¥88.33 Billion ≈ $12.93 Billion	+187.58%
2008-12-31	CN¥30.71 Billion ≈ $4.49 Billion	+18.04%
2007-12-31	CN¥26.02 Billion ≈ $3.81 Billion	+102.20%
2006-12-31	CN¥12.87 Billion ≈ $1.88 Billion	+52.36%
2005-12-31	CN¥8.45 Billion ≈ $1.24 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to China State Construction Engineering Corp Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 38250288100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥382.50 Billion	82.76%
Common Stock	CN¥41.61 Billion	9.00%
Other Components	CN¥38.07 Billion	8.24%
Total Equity	CN¥462.18 Billion	100.00%

China State Construction Engineering Corp Ltd Competitors by Market Cap

The table below lists competitors of China State Construction Engineering Corp Ltd ranked by their market capitalization.

Company	Market Cap
Celltrion Inc KO:068270	$29.73 Billion
Arch Capital Group Ltd F:RSK	$29.77 Billion
PTT Public Company Limited F:NVA3	$29.80 Billion
ResMed Inc NYSE:RMD	$29.87 Billion
Hewlett Packard Enterprise Co NYSE:HPE	$29.59 Billion
Roblox Corp NYSE:RBLX	$29.55 Billion
Woolworths Group Ltd AU:WOW	$29.52 Billion
Sandoz Group AG SW:SDZ	$29.43 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China State Construction Engineering Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 427,609,892,000 to 462,184,659,000, a change of 34,574,767,000 (8.1%).
Net income of 46,187,099,000 contributed positively to equity growth.
Dividend payments of 43,904,356,000 reduced retained earnings.
Share repurchases of 947,355,000 reduced equity.
Other factors increased equity by 33,239,379,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥46.19 Billion	+9.99%
Dividends Paid	CN¥43.90 Billion	-9.5%
Share Repurchases	CN¥947.36 Million	-0.2%
Other Changes	CN¥33.24 Billion	+7.19%
Total Change	CN¥-	8.09%

Book Value vs Market Value Analysis

This analysis compares China State Construction Engineering Corp Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.44x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 46.14x to 0.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CN¥0.11	CN¥4.91	x
2006-12-31	CN¥0.20	CN¥4.91	x
2007-12-31	CN¥0.54	CN¥4.91	x
2008-12-31	CN¥0.33	CN¥4.91	x
2009-12-31	CN¥2.12	CN¥4.91	x
2010-12-31	CN¥1.85	CN¥4.91	x
2011-12-31	CN¥2.10	CN¥4.91	x
2012-12-31	CN¥2.40	CN¥4.91	x
2013-12-31	CN¥2.77	CN¥4.91	x
2014-12-31	CN¥3.30	CN¥4.91	x
2015-12-31	CN¥3.82	CN¥4.91	x
2016-12-31	CN¥4.28	CN¥4.91	x
2017-12-31	CN¥4.89	CN¥4.91	x
2018-12-31	CN¥5.42	CN¥4.91	x
2019-12-31	CN¥6.73	CN¥4.91	x
2020-12-31	CN¥7.30	CN¥4.91	x
2021-12-31	CN¥8.47	CN¥4.91	x
2022-12-31	CN¥9.34	CN¥4.91	x
2023-12-31	CN¥10.33	CN¥4.91	x
2024-12-31	CN¥11.11	CN¥4.91	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China State Construction Engineering Corp Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 9.99%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.11%
• Asset Turnover: 0.69x
• Equity Multiplier: 6.90x
Recent ROE (9.99%) is below the historical average (19.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	54.38%	1.33%	1.10x	36.91x	CN¥1.14 Billion
2006	49.28%	1.81%	1.14x	23.80x	CN¥1.92 Billion
2007	38.41%	2.92%	1.01x	12.96x	CN¥3.64 Billion
2008	17.85%	1.36%	0.99x	13.27x	CN¥1.21 Billion
2009	8.26%	2.27%	0.86x	4.22x	CN¥-1.21 Billion
2010	11.96%	2.57%	0.91x	5.15x	CN¥1.52 Billion
2011	15.19%	2.92%	0.92x	5.68x	CN¥4.63 Billion
2012	15.45%	2.75%	0.88x	6.40x	CN¥5.55 Billion
2013	17.28%	2.99%	0.87x	6.64x	CN¥8.59 Billion
2014	16.24%	2.82%	0.87x	6.61x	CN¥8.67 Billion
2015	15.52%	2.96%	0.82x	6.40x	CN¥9.26 Billion
2016	15.68%	3.11%	0.69x	7.31x	CN¥10.82 Billion
2017	15.34%	3.13%	0.68x	7.22x	CN¥11.47 Billion
2018	15.68%	3.19%	0.64x	7.63x	CN¥13.85 Billion
2019	15.11%	2.95%	0.70x	7.34x	CN¥14.16 Billion
2020	14.95%	2.78%	0.74x	7.30x	CN¥14.88 Billion
2021	14.99%	2.72%	0.79x	6.94x	CN¥17.16 Billion
2022	13.26%	2.48%	0.77x	6.90x	CN¥12.52 Billion
2023	12.69%	2.40%	0.78x	6.79x	CN¥11.50 Billion
2024	9.99%	2.11%	0.69x	6.90x	CN¥-31.37 Million

Industry Comparison

This section compares China State Construction Engineering Corp Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $3,463,807,177
Average return on equity (ROE) among peers: -7.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China State Construction Engineering Corp Ltd (601668)	CN¥807.74 Billion	54.38%	3.22x	$29.69 Billion
Shenzhen Ecobeauty Co Ltd (000010)	$141.82 Million	9.21%	1.39x	$486.19 Million
Shenzhen Sed Industry Co Ltd (000032)	$869.50 Million	3.13%	0.81x	$3.08 Billion
NORINCO International Cooperation Ltd (000065)	$536.55 Million	10.55%	3.36x	$2.17 Billion
Shenzhen Tagen Group Co Ltd (000090)	$15.02 Billion	4.13%	3.25x	$962.46 Million
Shandong Hi-Speed Road&Bridge (000498)	$12.89 Billion	10.38%	3.27x	$1.26 Billion
Jinyuan Cement Co Ltd (000546)	$175.97 Million	11.17%	1.41x	$878.49 Million
Hunan Investment Group Co Ltd (000548)	$1.50 Billion	0.71%	0.30x	$389.36 Million
ChengDu Hi-Tech Development Co Ltd (000628)	$419.24 Million	-38.00%	3.15x	$3.41 Billion
Gansu Engineering Consulting Group Co Ltd (000779)	$413.25 Million	-88.03%	0.77x	$602.65 Million
Hainan Expressway Co Ltd (000886)	$2.66 Billion	3.54%	0.19x	$800.17 Million

About China State Construction Engineering Corp Ltd

SHG:601668 China Engineering & Construction

Market Cap

$29.69 Billion

CN¥202.88 Billion CNY

Market Cap Rank

#895 Global

#63 in China

Share Price

CN¥4.91

Change (1 day)

+0.20%

52-Week Range

CN¥4.81 - CN¥6.13

All Time High

CN¥6.78