China State Financials

601668 Stock   5.64  0.03  0.53%   
Please use analysis of China State Construction fundamentals to determine if markets are correctly pricing the company. We were able to analyze twenty-eight available fundamental indicators for China State Construction, which can be compared to its peers. The stock experiences a moderate upward volatility. Check odds of China State to be traded at 6.2 in 90 days. Key indicators impacting China State's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income147 B140 B
Sufficiently Up
Slightly volatile
  
Understanding current and past China State Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of China State's financial statements are interrelated, with each one affecting the others. For example, an increase in China State's assets may result in an increase in income on the income statement.
Please note, the presentation of China State's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, China State's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of China State's management manipulating its earnings.

China State Stock Summary

China State competes with Xinjiang Baodi, Ningbo Jintian, CIMC Vehicles, Sinomach Automobile, and Zhejiang Qianjiang. China State is entity of China. It is traded as Stock on SHG exchange.
Specialization
Industrials, Engineering & Construction
InstrumentChina Stock View All
ExchangeShanghai Stock Exchange
ISINCNE100000F46
Business AddressChina Construction Fortune
SectorConstruction & Engineering
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.cscecos.com
Phone86 10 8649 8888
You should never invest in China State without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of China Stock, because this is throwing your money away. Analyzing the key information contained in China State's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

China State Key Financial Ratios

China State's financial ratios allow both analysts and investors to convert raw data from China State's financial statements into concise, actionable information that can be used to evaluate the performance of China State over time and compare it to other companies across industries.

China State Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.2T2.4T2.7T2.9T3.3T3.5T
Other Current Liab492.9B527.4B626.6B103.2B118.6B112.7B
Other Liab30.5B30.3B30.1B35.6B40.9B43.0B
Accounts Payable492.2B507.8B596.0B700.7B805.8B846.1B
Cash295.9B327.5B335.3B358.8B412.6B211.3B
Other Assets405.1B432.1B469.6B548.7B631.0B662.6B
Long Term Debt381.7B434.2B502.8B550.5B633.1B664.7B
Net Receivables160.5B180.6B210.4B257.7B296.4B170.9B
Inventory675.2B703.4B771.5B796.3B915.8B961.6B
Other Current Assets47.7B55.2B210.4B188.9B217.2B228.0B
Total Liab1.6T1.7T2.0T2.2T2.5T2.6T
Intangible Assets22.6B20.7B26.2B32.7B37.6B39.5B
Retained Earnings242.0B282.9B321.9B349.8B402.3B422.4B
Common Stock42.0B42.0B41.9B41.9B48.2B35.5B
Good Will2.3B2.2B2.3B2.4B2.7B2.5B
Net Tangible Assets243.5B275.6B321.0B355.8B409.1B261.3B
Short Long Term Debt29.3B59.9B78.2B124.4B143.0B150.2B
Total Current Assets1.6T1.7T1.9T2.0T2.4T1.6T
Net Debt115.1B166.7B245.7B316.0B363.5B381.6B
Net Invested Capital711.4B838.0B965.2B1.1T1.3T839.5B
Net Working Capital381.6B439.4B445.5B458.5B527.3B407.0B
Capital Stock42.0B41.9B41.9B41.9B37.7B37.6B

China State Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202020212022202320242025 (projected)
Interest Expense12.4B13.9B17.9B20.1B23.1B24.3B
Total Revenue1.6T1.9T2.1T2.3T2.6T2.7T
Operating Income99.6B119.6B113.9B121.8B140.0B147.0B
Cost Of Revenue1.4T1.7T1.8T2.0T2.3T2.5T
Income Before Tax94.3B100.9B88.8B93.0B106.9B53.9B
Net Income44.9B51.4B51.0B54.3B62.4B65.5B
Income Tax Expense18.3B23.3B23.2B19.6B22.6B12.0B
Minority Interest276.7B(26.3B)(18.3B)(19.3B)(22.2B)(21.1B)
Research Development25.5B39.9B49.8B46.1B53.0B55.6B
Gross Profit174.9B214.2B214.9B222.8B256.2B176.3B
Ebit88.4B96.6B108.0B101.6B116.9B91.6B
Tax Provision23.3B23.2B19.6B19.5B22.4B19.9B
Net Interest Income(10.4B)(13.1B)(16.3B)(17.4B)(15.6B)(16.4B)
Interest Income3.8B3.2B3.9B4.6B5.3B3.9B
Ebitda98.9B113.3B123.7B116.3B133.8B113.1B

China State Key Cash Accounts

Cash flow analysis captures how much money flows into and out of China State Construction. It measures of how well China is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money China State brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money China had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what China State has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
202020212022202320242025 (projected)
Dividends Paid30.9B32.5B34.7B42.0B48.3B50.7B
Capital Expenditures52.8B36.4B25.9B34.1B39.2B20.0B
Net Income44.9B51.4B51.0B54.3B62.4B65.5B
Change To Inventory(88.3B)(38.7B)(48.4B)(14.8B)(13.3B)(14.0B)
Investments(11.8B)(8.4B)(8.7B)(26.5B)(23.9B)(22.7B)
Change In Cash(3.9B)33.7B10.9B16.1B14.5B16.3B
Net Borrowings23.6B989.6M49.4B57.2B65.8B38.3B
Depreciation8.6B11.3B12.9B9.8B11.2B9.8B
Change To Netincome31.6B31.5B44.2B26.6B30.6B32.3B
End Period Cash Flow267.9B301.6B313.0B329.1B378.5B322.8B
Free Cash Flow(29.2B)(16.8B)(22.1B)(23.0B)(26.5B)(27.8B)
Other Non Cash Items5.9B14.6B15.2B13.5B15.6B12.5B

China Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining China State's current stock value. Our valuation model uses many indicators to compare China State value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China State competition to find correlations between indicators driving China State's intrinsic value. More Info.
China State Construction is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.24  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for China State Construction is roughly  4.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value China State by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China State's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

China State Construction Systematic Risk

China State's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. China State volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on China State Construction correlated with the market. If Beta is less than 0 China State generally moves in the opposite direction as compared to the market. If China State Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one China State Construction is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of China State is generally in the same direction as the market. If Beta > 1 China State moves generally in the same direction as, but more than the movement of the benchmark.

China State Construction Total Assets Over Time

China State February 1, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of China State help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of China State Construction. We use our internally-developed statistical techniques to arrive at the intrinsic value of China State Construction based on widely used predictive technical indicators. In general, we focus on analyzing China Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build China State's daily price indicators and compare them against related drivers.

Complementary Tools for China Stock analysis

When running China State's price analysis, check to measure China State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China State is operating at the current time. Most of China State's value examination focuses on studying past and present price action to predict the probability of China State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China State's price. Additionally, you may evaluate how the addition of China State to your portfolios can decrease your overall portfolio volatility.
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