Company profile

Future of China State Construction Engineering

#
Rank
421
| Quantumrun Global 1000

The China State Construction Engineering Corporation (abbreviated as CSCEC) is a Chinese construction company ranked third biggest in the globe (First according to International Construction) and the twentieth biggest general contractor in terms of overseas sales.

Home Country:
Industry:
Engineering, Construction
Founded:
1957
Global employee count:
263915
Domestic employee count:
Number of domestic locations:

Financial Health

3y average revenue:
$840302943500 CNY
3y average expenses:
$735201385000 CNY
Funds in reserve:
$209144000000 CNY
Market country
Revenue from country
0.93

Asset Performance

  1. Product/Service/Dept. name
    Construction
    Product/Service revenue
    15190000
  2. Product/Service/Dept. name
    Real estate
    Product/Service revenue
    1550000

Innovation assets and Pipeline

Global brand rank:
44
Investment into R&D:
$8191526000 CNY
Total patents held:
75
Number of patents field last year:
26

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the engineering and construction sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic qualities. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a range of future building and infrastructure projects.
*By the late 2020s, construction scale 3D printers will significantly reduce the time needed to build houses and highrises by using additive manufacturing principles to ‘print’ housing units.
*The late 2020s will also introduce a range of automated construction robots that will improve construction speed and accuracy. These robots will also offset a forecasted labor shortfall, as significantly fewer millennials and Gen Zs are choosing to enter the trades than past generations.
*Maglev elevator systems that use magnetic levitation instead of elevator cables will allow for elevators to run horizontally, as well as vertically; they will allow for multiple elevator cabins to operate in a single shaft; and they will allow buildings over a mile high to become commonplace.
*By 2050, the world population will rise above nine billion, over 80 percent of whom will live in cities. Unfortunately, the infrastructure needed to accommodate this influx of urbanites does not currently exist, meaning the 2020s through the 2040s will see an unprecedented growth in urban development projects globally.
*Similar to the note above, the next two decades will see significant economic growth across Africa and Asia that will result in a range of transportation and utility infrastructure projects approved for production.
*Increasingly severe weather events will occur globally throughout the 2020s and 2030s, due in large part to climate change. These events will impact coastal cities the worst, resulting in regular reconstruction projects, climate resistant infrastructure projects, and in the worst cases, the potential relocation of entire cities further inland.

COMPANY’S FUTURE PROSPECTS

Company Headlines