China State Construction Engineering (SHSE:601668) Net Margin %: 2.71% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601668 China State Construction Engineering Corp Ltd SHSE:601668
56 GF Score
Price ¥4.53
GF Value ¥5.23
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is China State Construction Engineering Net Margin %?

China State Construction Engineering SHSE:601668 +1.34% 56 Net Margin % is 2.71% as of Mar. 2026, which is 1% below its 10-year median of 2.75. GuruFocus rates SHSE:601668 with a GF Score™ of 56/100 and a GF Value™ of ¥5.23 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,767 Construction companies, China State Construction Engineering ranks worse than 64.06% on this metric.

Net margin is calculated as Net Income divided by its Revenue. China State Construction Engineering's Net Income for the three months ended in Mar. 2026 was ¥13,881 Mil. China State Construction Engineering's Revenue for the three months ended in Mar. 2026 was ¥511,847 Mil. Therefore, China State Construction Engineering's net margin for the quarter that ended in Mar. 2026 was 2.71%.

The historical rank and industry rank for China State Construction Engineering's Net Margin % or its related term are showing as below:

SHSE:601668' s Net Margin % Range Over the Past 10 Years
Min: 1.86   Med: 2.75   Max: 3.19
Current: 1.86


SHSE:601668's Net Margin % is ranked worse than
64.06% of 1767 companies
in the Construction industry
Industry Median: 3.9 vs SHSE:601668: 1.86

China State Construction Engineering  (SHSE:601668) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


China State Construction Engineering Net Margin % Related Terms


China State Construction Engineering Net Margin % Historical Data

* Premium members only.

The historical data trend for China State Construction Engineering's Net Margin % 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 Net Margin % Chart

China State Construction Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.48 2.40 2.11 1.88

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
Net Margin % 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 2.70 2.78 1.73 0.17 2.71

SHSE:601668 vs PWR, FIX, EME: Net Margin % Comparison

For the Engineering & Construction subindustry, China State Construction Engineering's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Construction Industry

For the Construction industry and Industrials sector, China State Construction Engineering's Net Margin % distribution charts can be found below:

* The bar in red indicates where China State Construction Engineering's Net Margin % falls into.


SHSE:601668
56GF Score
China State Construction Engineering Corp Ltd SHSE:601668
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China State Construction Engineering Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China State Construction Engineering's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=39069.002/2082141.811
=1.88 %

China State Construction Engineering's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=13881.336/511847.191
=2.71 %

* 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 Net Margin % →
What does a Net Margin % of 2.71% mean?
China State Construction Engineering (SHSE:601668) has a Net Margin % of 2.71% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on China State Construction Engineering and its competitors. This is near median its historical median of 2.75. Over the past decade, China State Construction Engineering's Net Margin % has ranged from 1.86 to 3.19. According to the industry distribution chart, China State Construction Engineering ranks #1132 out of 1767 companies in the Construction industry, placing it in the top 64.1%.
Is China State Construction Engineering's Net Margin % too high?
China State Construction Engineering's current Net Margin % of 2.71% is near median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 3.19. The Construction industry median Net Margin % is 3.90. China State Construction Engineering's value of 2.71% is 30.5% below this industry median. Based on the distribution chart, China State Construction Engineering ranks #1132 out of 1767 companies in the Construction industry, which is below the industry midpoint. 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 Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, China State Construction Engineering ranks #1132 out of 1767 companies for Net Margin %. This places China State Construction Engineering in the lower half of its industry. The industry median Net Margin % is 3.90. China State Construction Engineering's value of 2.71% is 30.5% below this benchmark. Historically, China State Construction Engineering's own Net Margin % has ranged from 1.86 to 3.19 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 3.90, China State Construction Engineering has consistently been below 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 Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.90, based on 1,767 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China State Construction Engineering's current Net Margin % of 2.71% is 30.5% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on China State Construction Engineering and its competitors. For the Construction industry, the median Net Margin % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China State Construction Engineering's current Net Margin % is 2.71%, which is near median its own 10-year median of 2.75. 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 ¥5.23, compared to a current price of ¥4.53 — trading 13.4% below its estimated fair value. The current Net Margin % is 2.71%, which is near median its 10-year median of 2.75 and 30.5% below the Construction industry median of 3.90. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For China State Construction Engineering (SHSE:601668), the current Net Margin % is 2.71% 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 ¥4.53 is trading 13.4% below its estimated GF Value™ of ¥5.23. GuruFocus considers China State Construction Engineering to be Modestly Undervalued.

Key valuation signals for SHSE:601668:

  • Net Margin %: 2.71% (near median its 10-year median of 2.75)
  • GF Value™: ¥5.23 vs. price of ¥4.53 (13.4% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 30.5% below the Construction median (#1132 of 1767)

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

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

¥4.53
Price
¥5.23
GF Value