China State Construction Engineering Corp Ltd - Company Profile

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China State Construction Engineering Corp Ltd: Segment Analysis

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Business Description

China State Construction Engineering Corp Ltd (CSCEC) is an investment and construction company. It is involved in housing construction, infrastructure, real estate development, survey and design, and emerging sectors such as green technologies and digitalization. The company operates in nearly 100 countries and regions. In FY2024, CSCEC signed new contracts worth CNY4,500 billion. Its business portfolio includes infrastructure projects such as urban rail transit and highways, real estate development, and design and survey services. CSCEC undertakes construction of public buildings, airports, hotels, sports facilities, and super high-rise buildings. The company supports the Belt and Road Initiative and has strategic partnerships with key provinces and cities. CSCEC has invested in landmark projects in urban renewal, healthcare, education, water management, and renewable energy.

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R&D Overview

CSCEC has implemented an innovation-driven development strategy, focusing on scientific and technological innovation. The company has increased investment in key core technology research and development, particularly in areas such as green construction, infrastructure, prefabricated buildings, intelligent construction, and ecological protection. The company has approved 77 key scientific research projects and is accelerating the productization and industrialization of technological innovations, including modular buildings, building-integrated photovoltaics (BIPV), smart parking garages, and smart charging stations. The company has several R&D units, including the National Digital Construction Technology Innovation Center and the National Key Laboratory of Green Building. These units are responsible for managing the company's R&D activities, focusing on innovation in construction technology and green building practices. The company has three national-level scientific and technological innovation platforms, five national enterprise technology centers, and has participated in the construction of six science and technology innovation platforms of the Ministry of Housing and Urban-Rural Development. In FY2024, the company had 68,577 valid patents, including 10,362 invention patents. The company is focusing on products such as modular buildings, building-integrated photovoltaics (BIPV), smart parking garages, and smart charging stations. CSCEC has participated in the construction of innovation centers and key laboratories in collaboration with the Ministry of Housing and Urban-Rural Development. The company spent CNY45.5 billion on R&D activities, which, as a percentage of revenue, stood at 2.1% in FY2024.

Business Segments

Overview

Offers architectural design, engineering survey, urban planning, and municipal public works for several projects such as hotels, sports buildings, airports, exhibition centers, ancient buildings, and high-rise buildings in China.

Performance

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Overview

Offers designing and general construction services in specialized sectors, including towering skyscrapers, expansive venues, industrial facilities, office complexes, hotels, hospitals, and educational institutions.

Performance

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Overview

Executes large infrastructure projects such as expressways, bridges, motorways, high speed rail and urban rail transit projects. Also executes ports and waterways, electricity, mining, metallurgy, petrochemical, airport, nuclear power, and energy projects. Executes projects under build-transfer (BT), build-operate-transfer (BOT) and public-private partnership (PPP) basis. Carries out projects in North America, Central America, Asia, North Africa, Central and West Africa, South Africa, Hong Kong, Central Asia, Macau, and the Middle East.

Performance

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Overview

Carries out housing and commercial property development. Operates through its subsidiary, China Overseas Holdings Ltd (COHL).

Performance

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Overview

Carries out land development; sale of construction materials and non-metallic mineral products; and production of metal products and tools.

Performance

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Geographical Segments

Performance

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Performance

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