China State Construction Engineering (SHSE:601668) EBIT: ¥87,633 Mil (TTM As of Mar. 2026)


SHSE:601668 China State Construction Engineering Corp Ltd SHSE:601668
56 GF Score
Price ¥4.40
GF Value ¥5.17
Valuation Modestly Undervalued
! 7 Warning Signs
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What is China State Construction Engineering EBIT?

China State Construction Engineering SHSE:601668 -0.90% 56 EBIT is ¥87,633 Mil as of Mar. 2026. GuruFocus rates SHSE:601668 with a GF Score™ of 56/100 and a GF Value™ of ¥5.17 (Modestly Undervalued). The stock has 7 warning signs investors should review.

China State Construction Engineering's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥25,444 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥87,633 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China State Construction Engineering's annualized ROC % for the quarter that ended in Mar. 2026 was 3.81%. China State Construction Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 159.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China State Construction Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.77%.

China State Construction Engineering  (SHSE:601668) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

China State Construction Engineering's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=95739.16 * ( 1 - 21.69% )/( (1914616.204 + 2024609.086)/ 2 )
=74973.336196/1969612.645
=3.81 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3560679.818 - 1234372.738 - ( 411690.876 - max(0, 2065876.652 - 2606516.717+411690.876))
=1914616.204

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3613674.212 - 1214848.269 - ( 374216.857 - max(0, 2078119.068 - 2652775.937+374216.857))
=2024609.086

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

China State Construction Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=101777.336/( ( (63945.311 + max(-242917.204, 0)) + (63863.385 + max(-194924.524, 0)) )/ 2 )
=101777.336/( ( 63945.311 + 63863.385 )/ 2 )
=101777.336/63904.348
=159.27 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(415558.761 + 815866.13 + 294240.288) - (1234372.738 + 0 + 534209.645)
=-242917.204

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(442286.697 + 826036.555 + 296252.111) - (1214848.269 + 0 + 544651.618)
=-194924.524

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

China State Construction Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=87632.609/1128523.488
=7.77 %

* 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 EBIT Related Terms

China State Construction Engineering EBIT Historical Data

* Premium members only.

The historical data trend for China State Construction Engineering's EBIT can be seen below:

* 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 EBIT Chart

China State Construction Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114,891.30 106,730.86 113,106.56 101,837.81 90,031.95

China State Construction Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27,843.68 31,976.62 16,909.95 13,301.71 25,444.33

SHSE:601668 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, China State Construction Engineering's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, China State Construction Engineering's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China State Construction Engineering's EV-to-EBIT falls into.


SHSE:601668
56GF Score
China State Construction Engineering Corp Ltd SHSE:601668
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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China State Construction Engineering EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥87,633 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ¥87,633 Mil mean?
China State Construction Engineering (SHSE:601668) has a EBIT of ¥87,633 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China State Construction Engineering.
Is China State Construction Engineering's EBIT too high?
China State Construction Engineering's current EBIT is ¥87,633 Mil. Overall, China State Construction Engineering has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China State Construction Engineering's EBIT compare to PWR and FIX?
China State Construction Engineering's EBIT of ¥87,633 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China State Construction Engineering. China State Construction Engineering's current EBIT is ¥87,633 Mil. 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 ¥5.17, compared to a current price of ¥4.40 — trading 14.9% below its estimated fair value. The current EBIT is ¥87,633 Mil. China State Construction Engineering's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For China State Construction Engineering (SHSE:601668), the current EBIT is ¥87,633 Mil as of Mar. 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 ¥4.40 is trading 14.9% below its estimated GF Value™ of ¥5.17. GuruFocus considers China State Construction Engineering to be Modestly Undervalued.

Key valuation signals for SHSE:601668:

  • EBIT: ¥87,633 Mil
  • GF Value™: ¥5.17 vs. price of ¥4.40 (14.9% below fair value)
  • GF Score™: 56/100 with 7 warning signs

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 Business Description

Address Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029
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.
56GF Score

Get the complete analysis for SHSE:601668

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.40
Price
¥5.17
GF Value