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State-owned international EPC contractor building industrial and infrastructure projects, largely overseas via Belt & Road.
State-owned international EPC contractor building industrial and infrastructure projects, largely overseas via Belt & Road.
Wins turnkey contracts to design, build and equip plants and infrastructure abroad, often financed with export credit, and books revenue as the work progresses. Income therefore depends on a small number of large overseas contracts and on the borrower governments' ability to keep paying.
In one line: A Chinese overseas EPC contractor akin to a smaller Bechtel International.
Moat: narrow (regulatory licence, scale). State backing and export-credit access support large overseas EPC contract wins.
Headquarters: Beijing, China · Employees: 3,987
Size China CAMC Engineering (002051.SZ) is a China Industrials company (Engineering & Construction) with a market value of $1.58B, the 1557th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.60 on 6 Nov 2026.
Performance Over six months the shares fell 15.0%, against -4.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 14.3% over the last twelve months (peer median -2.0%); the operating margin is 4.6% (peer median 6.5%).
Valuation It trades at 40.3× forward earnings against a peer median of 20.2× (2nd most expensive of 17).
Capital Return on invested capital runs 1.0 points above its cost of capital (5.6% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥12.3B | CN¥11.6B | CN¥12.2B | CN¥12.4B | CN¥9.70B |
| Revenue growth | — | -5% | -1% | +27% | — |
| Gross profit | CN¥2.31B | CN¥1.90B | CN¥2.02B | CN¥1.84B | CN¥1.22B |
| EBITDA | n/a | CN¥694M | CN¥663M | CN¥784M | CN¥248M |
| Net income | CN¥259M | CN¥314M | CN¥361M | CN¥361M | CN¥335M |
| Free cash flow | -CN¥1.06B | CN¥487M | -CN¥1.49B | CN¥172M | CN¥15.8M |
| Capital expenditure | CN¥1.15B | CN¥363M | CN¥700M | CN¥94.1M | CN¥288M |
| Total debt | CN¥2.04B | CN¥1.82B | CN¥2.15B | CN¥1.58B | CN¥1.32B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| China CAMC Engineering 002051.SZ | $1.58B | -15% | +14% | 5% | 40.3× | n/a |
| Power Construction Corporation of China 601669.SS | $11.5B | -20% | -2% | 4% | 8.4× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002051.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.7% | -3.4% | 7th highest of 21 |
| 6-month return | -15.0% | -4.3% | 7th lowest of 21 |
| Distance from 52-week high | -38.6% | -26.8% | 5th lowest of 21 |
| Revenue growth (TTM) | +14.3% | -2.0% | 6th highest of 21 |
| Operating margin | 4.6% | 6.5% | 9th lowest of 21 |
| Forward P/E | 40.3× | 20.2× | 2nd most expensive of 17 |
| ROIC minus cost of capital | +1.0 pp | +1.7 pp | 10th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China CAMC Engineering 002051.SZ | China | $1.58B | -15% | +14% | 5% | 40.3× | n/a | n/a |
| Zhejiang Youpon Integrated Ceiling 002718.SZ | China | $1.58B | +12% | -18% | -5% | n/a | n/a | n/a |
| MIRAIT ONE 1417.T | Japan | $1.60B | -24% | +5% | 6% | 10.4× | -5.7% | +5.4% |
| Implenia IMPN.SW | Switzerland | $1.61B | +12% | -8% | 2% | 15.0× | 6.0% | -2.7% |
| Dl E&c 375500.KS | South Korea | $1.53B | -48% | -17% | 4% | 5.2× | -8.3% | -5.3% |
| Shandong Hi-speed Road&bridge 000498.SZ | China | $1.65B | +20% | -9% | 7% | 4.9× | n/a | n/a |
| Japan Elevator Service 6544.T | Japan | $1.65B | -9% | +17% | 19% | 29.3× | 4.0% | +18.6% |
| Ruentex Engineering & Construction 2597.TW | Taiwan | $1.50B | +5% | +20% | 14% | n/a | -5.0% | +16.8% |
| China Aluminum International Engineering 601068.SS | China | $1.68B | -34% | -10% | 4% | 41.2× | 10.9% | +0.1% |
| Envision Greenwise 1783.HK | Hong Kong | $1.68B | +38% | +183% | 3% | n/a | n/a | n/a |
| NCC NCC-A.ST | Sweden | $1.69B | -3% | -17% | 3% | 22.2× | -1.6% | +0.7% |
| Chudenko 1941.T | Japan | $1.71B | +3% | +9% | 12% | 11.0× | -8.6% | +4.3% |
| Burkhalter BRKN.SW | Switzerland | $1.71B | -27% | -2% | 6% | 21.5× | -1.3% | +19.0% |
| SHO BOND 1414.T | Japan | $1.71B | -6% | -2% | 23% | 16.3× | -7.5% | +2.2% |
| SRG Global SRG.AX | Australia | $1.46B | +7% | +27% | 7% | 22.1× | 16.4% | +24.1% |
| Hongrun Construction 002062.SZ | China | $1.45B | -11% | -12% | 7% | 31.6× | 5.6% | -12.6% |
| Shaanxi Construction Engineering 600248.SS | China | $1.45B | -25% | -25% | 0% | 2.7× | n/a | n/a |
| Tasmea TEA.AX | Australia | $1.73B | +49% | +136% | 8% | 18.9× | 4.6% | +59.3% |
| Suzhou Gold Mantis Construction and Decoration 002081.SZ | China | $1.74B | -25% | -8% | 3% | 29.6× | 12.2% | -11.1% |
| Engineers India ENGINERSIN.NS | India | $1.74B | +12% | +6% | 20% | 25.2× | 29.6% | +4.6% |
| Jiangxi Ganyue Expressway 600269.SS | China | $1.44B | -7% | +3% | 28% | n/a | -11.6% | +4.4% |