Construction and Engineering Services: approx. 70%
Real Estate Development: approx. 20%
Infrastructure Investments and Operations: approx. 10%

TOP 3 Markets:
China: approx. 75%
USA: approx. 10%
Middle East: approx. 8%

China State Construction Engineering Corporation Limited (CSCEC) generates the majority of its revenues from construction and engineering services, followed by real estate development and infrastructure investments. The Chinese market dominates with a share of about 75% of total income, reflecting strong local presence and demand.

The USA and the Middle East are also significant markets for CSCEC, with the USA accounting for approximately 10% and the Middle East approximately 8% of revenues. These markets offer growth opportunities through large infrastructure projects and international expansion.

Production sites: Mainly in China, with international projects in Asia, Africa, and the Middle East.

China State Construction Engineering Corporation Limited (CSCEC) is one of the world's largest construction companies and is headquartered in China. The majority of construction projects and production activities take place within China, as the company is heavily involved in expanding the country's infrastructure.

In addition, CSCEC operates internationally and carries out construction projects in various regions, including Asia, Africa, and the Middle East. These international projects often involve the construction of infrastructure, residential and commercial buildings, as well as large-scale engineering projects.

Revenue Growth: Estimated at 8-10% annually (2025) International Expansion: Focus on Belt and Road Initiative

China State Construction Engineering Corporation Limited (CSCEC) pursues a growth strategy that heavily focuses on international expansion and diversification. An essential part of this strategy is the participation in the Belt and Road Initiative, which enables the company to expand into new markets and strengthen its global presence.

In addition, CSCEC is investing in technological innovations and sustainable construction practices to become more efficient and meet the increasing demands for environmentally friendly construction projects. These investments are intended not only to increase competitiveness but also to unlock new business opportunities in emerging markets.

Furthermore, the company plans to increase its market share in existing markets through strategic partnerships and joint ventures to benefit from local knowledge and networks. These measures are aimed at securing long-term growth and solidifying CSCEC's position as a leading construction company worldwide.

Main raw materials: Steel, cement, aluminum, copper

Main importing countries:

• Steel: Australia, Brazil
• Cement: Vietnam, Thailand
• Aluminum: Russia, India
• Copper: Chile, Peru

China State Construction Engineering Corporation Limited (CSCEC) is one of the largest construction companies in the world and requires a variety of raw materials for its construction projects. Steel is one of the most important raw materials, and China mainly imports it from Australia and Brazil, as these countries have large iron ore deposits that are crucial for steel production.

Cement is often imported from neighboring Asian countries such as Vietnam and Thailand, which have well-developed cement industries. Aluminum, another critical construction material, is frequently sourced from Russia and India, which are significant aluminum producers.

Copper, used in the construction industry for electrical wiring and other applications, is mainly imported from Chile and Peru, as these countries are among the largest copper producers globally.

Market share: 10% in the global construction industry (estimated 2025)
Revenue: 1.9 trillion CNY (2024)
Profit margin: 5.8% (2024)

China State Construction Engineering Corporation Limited (CSCEC) is one of the largest construction companies globally and has a significant competitive advantage due to its sheer size and extensive resources. The market share of about 10% in the global construction industry demonstrates the company's dominant position in the sector.

The company benefits from strong support from the Chinese government, granting it access to major infrastructure projects and international markets. The revenue and profit figures highlight the efficiency and profitability of the company, despite the challenges in the construction industry.

Additionally, through its vertical integration and extensive project pipeline, CSCEC has the ability to control costs and minimize risks. These factors contribute to a sustainable competitive advantage, enabling the company to thrive in a fiercely competitive market.

Institutional investor share: Estimated around 35-40% (2025)

Insider purchases/sales: No significant changes reported (2025)

The institutional investor share in China State Construction Engineering Corporation Limited is estimated to be between 35% and 40%. This estimate is based on the typical ownership structures of large publicly traded companies in China, where state-owned and institutional investors often play a significant role.

There have been no significant changes in insider purchases or sales highlighted in recent reports or public disclosures. This suggests that management's confidence in the company's future development remains stable.

Market share of China State Construction Engineering Corporation Limited (CSCEC): Estimated 10-12% (2025)

Main competitors and their market share:

1. China Railway Group Limited: 8-10%
2. China Railway Construction Corporation Limited: 7-9%
3. China Communications Construction Company Limited: 6-8%
4. China Metallurgical Group Corporation: 5-7%
5. China National Building Material Company Limited: 4-6%
6. China Energy Engineering Corporation Limited: 3-5%
7. Power Construction Corporation of China: 3-5%
8. China State Shipbuilding Corporation Limited: 2-4%
9. China National Chemical Engineering Co., Ltd.: 2-4%
10. China Gezhouba Group Corporation: 1-3%

Moat of CSCEC:

CSCEC possesses a significant moat, demonstrated by its size, extensive project experience, and strong state support. These factors enable the company to efficiently and cost-effectively execute large construction projects. The strong market position is supported by a wide network of subsidiaries and a diversified project pipeline.

Compared to competitors, CSCEC benefits from being China's largest construction company, providing high economies of scale and negotiation power. Competitors, especially China Railway Group and China Railway Construction, also have strong moats reinforced by their specialization in the infrastructure sector and state support.

Overall, CSCEC has one of the strongest moats in the industry, but competitors are also well-positioned in specific niches, intensifying competition.

Revenue Growth: 8.5% (2024) Profit Growth: 7.2% (2024) Order Backlog: 2.5 trillion CNY (2024)

China State Construction Engineering Corporation Limited (CSCEC) achieved solid revenue growth of 8.5% in 2024. This is an indicator of strong demand for construction and infrastructure projects in China and internationally. The company benefits from China's ongoing urbanization and government investments in infrastructure.

The company's profit increased by 7.2%, attributed to efficient cost control and successful implementation of large projects. The high order backlog of 2.5 trillion CNY secures future revenues and demonstrates CSCEC's strong market position.

Despite challenges in the global construction industry, such as rising material costs and geopolitical uncertainties, CSCEC remains well positioned. The strategic focus on sustainable construction practices and international expansion could provide additional long-term growth opportunities.

Overall, CSCEC's stock could be an attractive investment, especially for investors interested in long-term growth in the construction and infrastructure sector.

Dividend yield: 4.5% (2025, estimated)
Dividend history: Continuous payout in the last 5 years

China State Construction Engineering Corporation Limited (CSCEC) is known for its regular dividend payments. In recent years, the company has pursued a stable dividend policy, with an average dividend yield of about 4.5%. This reliability in payout is attributable to the company's strong financial performance and solid market position.

CSCEC has proven in the past that it is capable of paying dividends even in economically challenging times. This is supported by a robust balance sheet and a diversified source of income that protects the company from market fluctuations. Analysts expect the company to maintain its dividend policy unless significant economic or internal changes occur.