Power Construction Corporation of China (601669) Stock Price, Fundamentals & Analysis

What 601669 does

Power Construction Corporation of China (601669) is a large-cap stock listed on the Shanghai Stock Exchange in the Industrials sector, specifically the Engineering & Construction industry. Headquartered in Beijing, China, the company and its subsidiaries build power plants — including solar, wind, hydro, nuclear, and thermal facilities — as well as railways, highways, airports, and ports. It also provides design, investment, equipment manufacturing, and operation management services. Founded in 2011, it operates as a subsidiary of Power Construction Corporation of China and is part of the CSI 300 index.

Key numbers explained

• The current price is 4.54 CNY, down 1.09% today, with a 52-week range of 4.5 to 7.19 CNY.
• The trailing P/E ratio of 10.3 means you pay 10.3 times the company's last twelve months of earnings per share (0.44 CNY).
• The forward P/E ratio of 5.2 uses expected future earnings, suggesting a lower multiple if those estimates hold.
• The dividend yield of 2.32% indicates the annual dividend relative to the current price; the ex-dividend date is Jul 10, 2026, and 29% of earnings are paid out as dividends.
• The beta of 0.2 suggests the stock tends to move less than the overall market.
• Price-to-book of 0.53 means the market values the company below its book value per share.
• The debt-to-equity ratio of 210.3% shows that debt is more than double shareholders' equity, which is common in capital-intensive engineering firms.
• Revenue over the last twelve months is 642.47 mld. CNY, with a year-over-year change of -3.8% and a profit margin of 1.3%.

What to watch

• The stock's heavy exposure to government-backed power and infrastructure projects means policy shifts, funding availability, and regional demand can affect results.
• A high debt-to-equity ratio is typical for engineering and construction firms, but it can amplify risk if project margins tighten or interest rates rise.
• The low beta and modest dividend yield may appeal to investors seeking stability, while the forward P/E suggests the market expects earnings to recover.
• Comparing with peers such as China State Construction Engineering (601668) or China Communications Construction Company (601800) can provide context on valuation and growth.