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  • Rank37
  • Previous Rank52
  • CEO
    Guan Qing
  • Address
    15 Sanlihe Rd., Beijing 100037
  • Websitehttp://www.cscec.com
  • Industry
    Engineering, Construction

CSCEC, a state-owned construction and real estate conglomerate, is one of communist China’s first truly global companies: It opened its first foreign office in the 1970s (in Kuwait) and has had a presence in the U.S. since the mid-1980s. It has doubled down on foreign projects in this decade, and its revenue has grown accordingly, growing more than 17% in 2014. The American Enterprise Institute estimates that the company is currently involved in more than 70 overseas construction projects valued at $100 million or more. The company now encompasses multiple construction and investment subsidiaries in fields ranging from public infrastructure to residential real estate: Its high-profile current projects include a major role in the Beijing’s push to expand China’s affordable housing stock. That project also highlights the company’s greatest uncertainty: Whether a slowing economy in China will hurt the state’s appetite for big public building projects.

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Company Information

CEO
Guan Qing
Industry
Engineering, Construction
Sector
Engineering & Construction
HQ Location
Beijing, China
Websitehttp://www.cscec.com
Years on List4
Government owned 50% or more.

Key Financials (last fiscal year)

($ Millions)% change
Revenues129,887.117.2%
Profits2,079.112.2%
Assets148,914.8-
Employees247,672-

Profits as a % of

Profit as % of Revenues1.6%
Profits as % of Assets1.4%
Profits as % of Stockholder Equity15.8%