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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
SHSE:601668'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.66 Med: 1.88 Max: 2.06
Current: 1.89
During the past 13 years, the highest Debt-to-Equity Ratio of China State Construction Engineering was 2.06. The lowest was 1.66. And the median was 1.88.
SHSE:601668's Debt-to-Equity is ranked worse than 89.94% of 1621
companies
in the Construction industry
Industry Median: 0.4
vs SHSE:601668: 1.89
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
China State Construction Engineering Debt-to-Equity Related Terms
China State Construction Engineering Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China State Construction Engineering Debt-to-Equity Chart
SHSE:601668 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, China State Construction Engineering's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China State Construction Engineering Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, China State Construction Engineering's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where China State Construction Engineering's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China State Construction Engineering (SHSE:601668) has a Debt-to-Equity of 1.89 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on China State Construction Engineering and its competitors. This is near median its historical median of 1.88. Over the past decade, China State Construction Engineering's Debt-to-Equity has ranged from 1.66 to 2.06. According to the industry distribution chart, China State Construction Engineering ranks #1458 out of 1621 companies in the Construction industry, placing it in the top 89.9%.
Is China State Construction Engineering's Debt-to-Equity too high?
China State Construction Engineering's current Debt-to-Equity of 1.89 is near median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 2.06. The Construction industry median Debt-to-Equity is 0.40. China State Construction Engineering's value of 1.89 is 372.5% above this industry median. Based on the distribution chart, China State Construction Engineering ranks #1458 out of 1621 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, China State Construction Engineering has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China State Construction Engineering's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, China State Construction Engineering ranks #1458 out of 1621 companies for Debt-to-Equity. This places China State Construction Engineering in the lower half of its industry. The industry median Debt-to-Equity is 0.40. China State Construction Engineering's value of 1.89 is 372.5% above this benchmark. Historically, China State Construction Engineering's own Debt-to-Equity has ranged from 1.66 to 2.06 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 0.40, China State Construction Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,621 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China State Construction Engineering's current Debt-to-Equity of 1.89 is 372.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on China State Construction Engineering and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China State Construction Engineering's current Debt-to-Equity is 1.89, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China State Construction Engineering stock overvalued right now?
Based on GuruFocus' analysis, China State Construction Engineering (SHSE:601668) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.93, compared to a current price of ¥4.35 — trading 11.8% below its estimated fair value. The current Debt-to-Equity is 1.89, which is near median its 10-year median of 1.88 and 372.5% above the Construction industry median of 0.40. China State Construction Engineering's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For China State Construction Engineering (SHSE:601668), the current Debt-to-Equity is 1.89 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China State Construction Engineering (SHSE:601668) Overvalued in 2026?
Based on GuruFocus' analysis, China State Construction Engineering stock appears to be undervalued.
The current stock price of ¥4.35 is trading 11.8% below its estimated GF Value™ of ¥4.93.
GuruFocus considers China State Construction Engineering to be Modestly Undervalued.
Key valuation signals for SHSE:601668:
Debt-to-Equity: 1.89 (near median its 10-year median of 1.88)
GF Value™: ¥4.93 vs. price of ¥4.35 (11.8% below fair value)
Industry Position: 372.5% above the Construction median (#1458 of 1621)
No single metric tells the full story. See the SHSE:601668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. The company conducts its operations through five segments: Housing Construction segment, Infrastructure Construction and Investment segment, Real Estate Development and Investment segment, Design & Survey segment, and Others segment. It derives the majority of its revenue from the Housing Construction segment. The company's services include product technology research and development, survey and design, real estate development, engineering contracting, equipment manufacturing, asset operation, and property management.
68GF Score
Get the complete analysis for SHSE:601668
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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