China State Construction Engineering
The pandemic hasn’t stopped China State Construction Engineering (CSCE), one of the world’s largest construction companies, from signing contracts. In the first six months of 2020, the state-owned giant reeled in new business worth some $136 billion, up 4.8% from the same period in 2019. As economies worldwide have stalled under lockdowns due to the coronavirus, many governments have turned to infrastructure investment for a boost, and CSCE—as the face of China’s Belt and Road Initiative—is often first in line. But with COVID-19 ebbing in waves, many of CSCE’s outstanding projects could suffer delays in the months and, potentially, years ahead.
Ahmed Gomaa—Xinhua/Getty Images
Company Information
As of 8/3/2022
Country
China
Headquarters
Beijing
Industry
Engineering & Construction
CEO
Zheng Xuexuan
Website
Company Type
Private
Ticker
-
Revenues ($M)
$293,712.4
Profits ($M)
$4,443.8
Market Value ($M)
-
Employees
368,327
Government owned 50% or more.
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$293,712.4
25.3%
Profits ($M)
$4,443.8
24.2%
Assets ($M)
$378,351.8
-
Total Stockholder Equity ($M)
$29,709.7
-
Profit Ratios
Profit as % of Revenues
1.5%
Profits as % of Assets
1.2%
Profits as % of Stockholder Equity
15%
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