Power Construction Corp of China Ltd: Financial Highlights and Recent Developments
Power Construction Corporation of China, Ltd, a leading industrial company specializing in electric utility line construction services, has been making significant strides in the construction and engineering sector. Headquartered in Beijing, the company is involved in developing and constructing hydropower engineering, water works engineering, thermal power engineering, new energy engineering, and other projects. Additionally, it operates in property development. The company is publicly traded on the Shanghai Stock Exchange since October 20, 2011.
Recent Financial Performance
As of July 21, 2025, Power Construction Corp of China Ltd’s close price was 6.15 CNH. The company’s market capitalization stands at 87,160,000,000 CNH, with a price-to-earnings ratio of 8.28. Over the past year, the stock has seen a 52-week high of 6.24 CNH on November 17, 2024, and a 52-week low of 4.33 CNH on September 17, 2024.
Key Developments
Institutional Investment Activity: On July 23, 2025, institutional investors were net buyers of 17 stocks, with Power Construction Corp of China Ltd being among the top net sellers, amounting to 3.33 billion CNH. This activity was reported by stock.eastmoney.com.
Major Project Wins:
- The company announced that a joint venture comprising subsidiaries of China Construction Engineering Corporation (CCECC) won the EPC contract for the Tianshengou Pumped Storage Power Station in Inner Mongolia, with a total contract value of approximately 57.52 billion CNH. The project is expected to have a construction period of 69 months.
- Additionally, CCECC plans to invest in the construction of the Dazhuangli Pumped Storage Power Station in Shaanxi Province, with a total investment of approximately 147.81 billion CNH.
Collaborations and Partnerships:
- Power Construction Corp of China Ltd has established a joint venture with partners to explore water power development opportunities in Xinjiang. The company has also collaborated with China Construction Engineering Corporation and China Energy Engineering Corporation on various projects.
Market Performance:
- On July 23, 2025, the company’s stock experienced significant trading activity, with a net buy of 9.396 million CNH by institutional investors. The stock closed at a high, reflecting strong market interest.
These developments highlight Power Construction Corp of China Ltd’s active role in major infrastructure projects and its strategic partnerships, positioning it as a key player in the construction and engineering sector. Investors are advised to consider the potential risks associated with these projects, as contracts have not yet been formally signed.