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China State Construction Engineering (601668) investor relations material
China State Construction Engineering Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was RMB 511.85 billion, down 7.8% year-over-year; net profit attributable to shareholders was RMB 13.88 billion, down 7.5% year-over-year.
New contract value reached RMB 1.2613 trillion, a slight decrease of 0.7% year-over-year.
The company maintained a stable development trend, focusing on high-quality growth, market structure optimization, and risk control.
Financial highlights
Operating income: RMB 511.85 billion, down 7.8% year-over-year.
Net profit attributable to shareholders: RMB 13.88 billion, down 7.5% year-over-year.
Basic and diluted EPS: RMB 0.33, down 8.3% year-over-year.
Total assets at quarter-end: RMB 3.61 trillion, up 1.5% from year-end 2025.
Net cash flow from operating activities: -RMB 76.99 billion, improved from -RMB 95.87 billion in Q1 2025.
Outlook and guidance
The company continues to focus on high-quality development, market expansion in key segments, and risk management.
Emphasis on industrial, water conservancy, and international business growth, with ongoing innovation and urban renewal initiatives.
- Revenue and net profit declined, but cash flow and dividends remained strong amid market headwinds.601668
H2 202518 Apr 2026 - Revenue and net profit grew modestly, with infrastructure and overseas contracts driving gains.601668
H1 202427 Jan 2026 - Net profit up 3.2% to ¥30.4B despite revenue dip, driven by infrastructure and risk controls.601668
H1 202527 Jan 2026 - Revenue and profit fell YoY, but new contracts and overseas business saw strong growth.601668
Q3 202427 Dec 2025 - Q1 2025 saw steady revenue and profit growth, led by infrastructure and emerging industries.601668
Q1 202527 Dec 2025 - Revenue and profit declined year-over-year, but new contracts and cash flow improved.601668
Q3 202519 Dec 2025 - 2024 revenue fell 3.5% but new contracts rose 4.1%, with net profit at RMB 46.19 billion.601668
H2 20249 Jun 2025
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