China State Construction Engineering (SHSE:601668) Asset Turnover: 0.14 (As of Mar. 2026)


SHSE:601668 China State Construction Engineering Corp Ltd SHSE:601668
56 GF Score
Price ¥4.48
GF Value ¥5.21
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China State Construction Engineering Asset Turnover?

China State Construction Engineering SHSE:601668 +0.90% 56 Asset Turnover is 0.14 as of Mar. 2026. GuruFocus rates SHSE:601668 with a GF Score™ of 56/100 and a GF Value™ of ¥5.21 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. China State Construction Engineering's Revenue for the three months ended in Mar. 2026 was ¥511,847 Mil. China State Construction Engineering's Total Assets for the quarter that ended in Mar. 2026 was ¥3,587,177 Mil. Therefore, China State Construction Engineering's Asset Turnover for the quarter that ended in Mar. 2026 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. China State Construction Engineering's annualized ROE % for the quarter that ended in Mar. 2026 was 11.14%. It is also linked to ROA % through Du Pont Formula. China State Construction Engineering's annualized ROA % for the quarter that ended in Mar. 2026 was 1.55%.


China State Construction Engineering  (SHSE:601668) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

China State Construction Engineering's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=55525.344/498314.5835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(55525.344 / 2047388.764)*(2047388.764 / 3587177.015)*(3587177.015/ 498314.5835)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.71 %*0.5708*7.1986
=ROA %*Equity Multiplier
=1.55 %*7.1986
=11.14 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

China State Construction Engineering's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=55525.344/3587177.015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(55525.344 / 2047388.764)*(2047388.764 / 3587177.015)
=Net Margin %*Asset Turnover
=2.71 %*0.5708
=1.55 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


China State Construction Engineering Asset Turnover Related Terms


China State Construction Engineering Asset Turnover Historical Data

* Premium members only.

The historical data trend for China State Construction Engineering's Asset Turnover 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 Asset Turnover Chart

China State Construction Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.81 0.82 0.72 0.62

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
Asset Turnover 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 0.17 0.17 0.13 0.15 0.14

SHSE:601668 vs PWR, FIX, EME: Asset Turnover Comparison

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

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

* The bar in red indicates where China State Construction Engineering's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2082141.811/( (3189774.343+3560679.818)/ 2 )
=2082141.811/3375227.0805
=0.62

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=511847.191/( (3560679.818+3613674.212)/ 2 )
=511847.191/3587177.015
=0.14

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.14 mean?
China State Construction Engineering (SHSE:601668) has a Asset Turnover of 0.14 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on China State Construction Engineering and its competitors.
Is China State Construction Engineering's Asset Turnover too high?
China State Construction Engineering's current Asset Turnover is 0.14. 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 Asset Turnover compare to PWR and FIX?
China State Construction Engineering's Asset Turnover of 0.14 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 Asset Turnover for a Construction company?
A good Asset Turnover depends on the Construction industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on China State Construction Engineering and its competitors. China State Construction Engineering's current Asset Turnover is 0.14. 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 ¥5.21, compared to a current price of ¥4.48 — trading 14% below its estimated fair value. The current Asset Turnover is 0.14. China State Construction Engineering's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For China State Construction Engineering (SHSE:601668), the current Asset Turnover is 0.14 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 ¥4.48 is trading 14% below its estimated GF Value™ of ¥5.21. GuruFocus considers China State Construction Engineering to be Modestly Undervalued.

Key valuation signals for SHSE:601668:

  • Asset Turnover: 0.14
  • GF Value™: ¥5.21 vs. price of ¥4.48 (14% below fair value)
  • GF Score™: 56/100 with 6 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

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

¥4.48
Price
¥5.21
GF Value