China State Con secures CNY 14.00 billion: China State Con stock sits 23.97 percent below high

Published on 10/13/2026 at 09:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 11.96 percent to RMB 975.84 billion in 2026. Fifteen analysts set a CNY 6.99 consensus target for China State Con stock.

Key points in brief

China State Con secured CNY 14.00 billion of construction and infrastructure projects in September 2026.
First-half 2026 revenue fell 11.96 percent to RMB 975.84 billion, while net profit attributable to shareholders fell 24.34 percent.
The Shanghai quote was CNY 4.41 on October 13, 2026, with a CNY 4.20 to CNY 5.80 52-week range.
Fifteen analysts set a CNY 6.99 consensus target, according to Eulerpool.

China State Con, CNE100000F46, Illustration mit AI erstellt.

China State Con secured CNY 14.00 billion of construction and infrastructure projects in September 2026, as Futunn reported on September 29, 2026. China State Con stock was 23.97 percent below its CNY 5.80 52-week high on October 13, 2026, based on a CNY 4.41 Shanghai quote.

Orders built through September

The latest contract award adds to a large project pipeline, but the operating picture remains mixed. In the first half of 2026, China State Construction secured new contracts worth RMB 2.4647 trillion, down 1.50 percent year over year, according to Futunn on September 17, 2026.

On September 24, 2026, China State Construction reported RMB 2.87 trillion of new contracts for January through August, down 0.30 percent year over year. Overseas contracts rose 57.40 percent to RMB 211.00 billion, while new housing starts fell 23.10 percent to 139.00 million square meters, according to Filingreader.

What do the orders mean for revenue?

The September contracts arrive against a weaker first-half income statement. Revenue fell 11.96 percent to RMB 975.84 billion in the first half of 2026, while net profit attributable to shareholders declined 24.34 percent to RMB 23.00 billion, according to Futunn. The same review said second-quarter revenue fell 16.10 percent year over year to RMB 463.99 billion, while net profit attributable to shareholders fell 40.74 percent to RMB 9.12 billion.

Management targets cited in the September analysis call for 2026 order intake of RMB 4.60 trillion, up 1.00 percent year over year, and revenue of RMB 2.10 trillion, also up 1.00 percent. That target places execution and cash conversion at the center of the investment case, because contract volume has remained more resilient than reported revenue.

Shanghai quote below yearly high

China State Con was last at CNY 4.41 on the Shanghai Stock Exchange on October 13, 2026 at 2:55 p.m. CST. Its 52-week range was CNY 4.20 to CNY 5.80, and market capitalization was CNY 182.2 billion on the same date.

China State Con stock sits 23.97 percent below its CNY 5.80 52-week high, while its latest quote remains 5.00 percent above the CNY 4.20 low.

Three dated operating signals

On September 17, 2026, the first-half contract total was RMB 2.4647 trillion, down 1.50 percent year over year, according to Futunn. On September 24, 2026, January through August contracts reached RMB 2.87 trillion, according to Filingreader.

On September 29, 2026, September construction and infrastructure projects totaled CNY 14.00 billion, according to Futunn. The sequence shows a company adding contracts while revenue and profit remain under pressure.