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State-owned engineering and construction group building nuclear power plants and related civil/environmental infrastructure in China.
State-owned engineering and construction group building nuclear power plants and related civil/environmental infrastructure in China.
Earns by building nuclear plants and related facilities, with revenue booked as work progresses, so results follow the start and pace of nuclear projects approved by the state, chiefly for its parent China National Nuclear Corporation and other utilities. It has also built overseas, notably in Pakistan, and does civil and environmental work between nuclear projects.
In one line: China's Bechtel for nuclear plant construction.
Moat: narrow (regulatory licence, scale). State backing and licensed nuclear-construction expertise create high barriers for new entrants.
Headquarters: Beijing, China · Employees: 46,345
Size China Nuclear Engineering and Construction (601611.SS) is a China Industrials company (Engineering & Construction) with a market value of $4.22B, the 612th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.41 on 6 Nov 2026.
Performance Over six months the shares fell 29.5%, against -11.3% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 14.0% over the last twelve months (peer median +15.1%); the operating margin is 4.4% (peer median 7.9%).
Valuation It trades at 26.9× forward earnings against a peer median of 18.1× (5th most expensive of 21).
Capital Return on invested capital runs 1.2 points below its cost of capital (5.0% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥93.3B | CN¥102B | CN¥113B | CN¥109B | CN¥99.0B |
| Revenue growth | — | -10% | +4% | +10% | — |
| Gross profit | CN¥13.8B | CN¥12.0B | CN¥12.9B | CN¥12.1B | CN¥9.68B |
| EBITDA | n/a | CN¥9.16B | CN¥9.43B | CN¥8.53B | CN¥7.31B |
| Net income | CN¥993M | CN¥1.32B | CN¥2.06B | CN¥2.06B | CN¥1.78B |
| Free cash flow | -CN¥1.45B | -CN¥1.64B | -CN¥4.96B | -CN¥3.14B | -CN¥9.61B |
| Capital expenditure | CN¥1.64B | CN¥1.80B | CN¥1.75B | CN¥3.10B | CN¥5.51B |
| Total debt | CN¥100B | CN¥88.9B | CN¥86.6B | CN¥85.5B | CN¥83.2B |
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 Nuclear Engineering and Construction 601611.SS | $4.22B | -29% | -14% | 4% | 26.9× | n/a |
| China Energy Engineering 601868.SS | $13.6B | -18% | -5% | 4% | 17.9× | n/a |
| Power Construction Corporation of China 601669.SS | $11.5B | -20% | -2% | 4% | 8.4× | n/a |
| Kepco E&c 052690.KS | $2.07B | -61% | +8% | 10% | 45.6× | n/a |
| Doosan Enerbility 034020.KS | $21.1B | -65% | +9% | 5% | 82.3× | 22.7% |
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 | 601611.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.9% | -3.0% | 10th lowest of 21 |
| 6-month return | -29.5% | -11.3% | 6th lowest of 21 |
| Distance from 52-week high | -53.2% | -39.4% | 4th lowest of 21 |
| Revenue growth (TTM) | -14.0% | +15.1% | 3rd lowest of 21 |
| Operating margin | 4.4% | 7.9% | 5th lowest of 21 |
| Forward P/E | 26.9× | 18.1× | 5th most expensive of 21 |
| ROIC minus cost of capital | -1.2 pp | +4.4 pp | 5th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Nuclear Engineering and Construction 601611.SS | China | $4.22B | -29% | -14% | 4% | 26.9× | n/a | n/a |
| Offshore Oil Engineering 600583.SS | China | $4.22B | -6% | +7% | 8% | 12.1× | n/a | n/a |
| Rail Vikas Nigam RVNL.NS | India | $4.27B | -37% | +5% | 4% | 46.0× | n/a | n/a |
| MYR MYRG | United States | $4.09B | -40% | +23% | 6% | 18.1× | 14.0% | +10.2% |
| Construction Partners ROAD | United States | $4.38B | -45% | +42% | 9% | 26.5× | 12.5% | +29.1% |
| Arcadis ARCAD.AS | Netherlands | $4.42B | +31% | -1% | 6% | 15.0× | 5.5% | +8.1% |
| Central New Energy 1735.HK | Hong Kong | $4.42B | -11% | +76% | 1% | 63.1× | n/a | n/a |
| INFRONEER 5076.T | Japan | $4.44B | +2% | +44% | 6% | 6.2× | 0.0% | +10.7% |
| Guangdong Provincial Expressway Development 000429.SZ | China | $4.01B | +9% | +1% | 58% | 18.2× | n/a | n/a |
| Zhejiang Weiming Environment Protection 603568.SS | China | $4.01B | -27% | -25% | 36% | 11.0× | 6.4% | +15.0% |
| Exponent EXPO | United States | $3.99B | +37% | +15% | 21% | 32.6× | 10.8% | +7.8% |
| Wuxi Taiji Industry 600667.SS | China | $3.98B | +32% | -14% | 3% | 21.9× | 13.0% | +11.5% |
| Everus Construction ECG | United States | $3.91B | -53% | +33% | 8% | 12.2× | 13.9% | +11.5% |
| China Everbright Environment 0257.HK | Hong Kong | $3.91B | -11% | -5% | 29% | 7.0× | -0.1% | -8.5% |
| Argan AGX | United States | $3.89B | -59% | +29% | 15% | 20.5× | 0.3% | +19.2% |
| Guangdong Hongda 002683.SZ | China | $3.86B | -7% | +15% | 10% | 23.7× | 4.9% | +26.1% |
| Koninklijke BAM Groep BAMNB.AS | Netherlands | $3.85B | +37% | +7% | 3% | 11.5× | -5.2% | +0.8% |
| L&K Engineering 6139.TW | Taiwan | $3.81B | -23% | +78% | 17% | 6.5× | -9.1% | +41.0% |
| Tutor Perini TPC | United States | $4.73B | +8% | +25% | 4% | 18.8× | 9.6% | +0.8% |
| China Southern Power Grid Technology 688248.SS | China | $3.71B | -20% | +28% | 12% | 47.6× | 25.8% | +27.0% |
| MAIRE MAIRE.MI | Italy | $4.81B | -12% | +7% | 7% | 14.7× | 2.9% | +22.1% |