China Communications Construction (HKG:1800) Has Announced That It Will Be Increasing Its Dividend To CN¥0.3226
Jun 15
Hong Kong (HSI) Construction and Engineering Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies152
- 7D-2.6%
- 3M13.5%
- 1Y-5.4%
- YTDn/a
Over the last 7 days, the Construction and Engineering industry has dropped 2.6%, driven by a pullback from China Communications Construction of 4.0%. On the other hand Grand Ming Group Holdings is actually up 11%. Overall the industry is down 5.4% in 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Hong Kong Construction and Engineering Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | HK$519.6b | HK$2.6t | HK$65.0b | 8.5x | 8x | 0.2x |
| Mon, 13 May 2024 | HK$518.2b | HK$2.6t | HK$65.6b | 9.3x | 7.9x | 0.2x |
| Wed, 10 Apr 2024 | HK$500.5b | HK$2.6t | HK$67.6b | 8.4x | 7.4x | 0.2x |
| Fri, 08 Mar 2024 | HK$489.8b | HK$2.6t | HK$73.6b | 7.4x | 6.7x | 0.2x |
| Sun, 04 Feb 2024 | HK$472.9b | HK$2.6t | HK$73.6b | 7.7x | 6.4x | 0.2x |
| Tue, 02 Jan 2024 | HK$475.4b | HK$2.6t | HK$74.4b | 8.3x | 6.4x | 0.2x |
| Thu, 30 Nov 2023 | HK$470.7b | HK$2.6t | HK$73.8b | 9.1x | 6.4x | 0.2x |
| Sat, 28 Oct 2023 | HK$481.8b | HK$2.5t | HK$74.0b | 8.8x | 6.5x | 0.2x |
| Mon, 25 Sep 2023 | HK$507.4b | HK$2.5t | HK$74.0b | 11.4x | 6.9x | 0.2x |
| Wed, 23 Aug 2023 | HK$545.5b | HK$2.5t | HK$69.8b | 10.3x | 7.8x | 0.2x |
| Fri, 21 Jul 2023 | HK$557.2b | HK$2.5t | HK$75.0b | 10.6x | 7.4x | 0.2x |
| Sun, 18 Jun 2023 | HK$584.7b | HK$2.5t | HK$75.4b | 10.5x | 7.8x | 0.2x |
| Tue, 16 May 2023 | HK$555.5b | HK$2.6t | HK$77.0b | 11x | 7.2x | 0.2x |
| Thu, 13 Apr 2023 | HK$574.5b | HK$2.6t | HK$76.6b | 10.9x | 7.5x | 0.2x |
| Sat, 11 Mar 2023 | HK$529.7b | HK$2.5t | HK$74.3b | 9.6x | 7.1x | 0.2x |
| Mon, 06 Feb 2023 | HK$506.6b | HK$2.5t | HK$71.3b | 9.3x | 7.1x | 0.2x |
| Wed, 04 Jan 2023 | HK$477.2b | HK$2.5t | HK$69.9b | 9.1x | 6.8x | 0.2x |
| Fri, 02 Dec 2022 | HK$481.0b | HK$2.4t | HK$68.5b | 9.1x | 7x | 0.2x |
| Sun, 30 Oct 2022 | HK$415.3b | HK$2.4t | HK$67.1b | 9.2x | 6.2x | 0.2x |
| Tue, 27 Sep 2022 | HK$454.6b | HK$2.4t | HK$68.3b | 10.5x | 6.7x | 0.2x |
| Thu, 25 Aug 2022 | HK$492.0b | HK$2.4t | HK$66.9b | 11.3x | 7.4x | 0.2x |
| Sat, 23 Jul 2022 | HK$520.2b | HK$2.4t | HK$66.7b | 11.9x | 7.8x | 0.2x |
| Mon, 20 Jun 2022 | HK$534.9b | HK$2.4t | HK$67.7b | 10.7x | 7.9x | 0.2x |
| Wed, 18 May 2022 | HK$557.1b | HK$2.4t | HK$67.2b | 9.2x | 8.3x | 0.2x |
| Fri, 15 Apr 2022 | HK$592.1b | HK$2.5t | HK$68.9b | 9.9x | 8.6x | 0.2x |
| Sun, 13 Mar 2022 | HK$615.0b | HK$2.5t | HK$74.3b | 8x | 8.3x | 0.2x |
| Tue, 08 Feb 2022 | HK$638.4b | HK$2.5t | HK$74.2b | 9.3x | 8.6x | 0.3x |
| Thu, 06 Jan 2022 | HK$594.2b | HK$2.5t | HK$74.1b | 8.6x | 8x | 0.2x |
| Sat, 04 Dec 2021 | HK$593.7b | HK$2.5t | HK$74.0b | 9.9x | 8x | 0.2x |
| Mon, 01 Nov 2021 | HK$596.1b | HK$2.4t | HK$75.7b | 9.8x | 7.9x | 0.2x |
| Wed, 29 Sep 2021 | HK$601.2b | HK$2.4t | HK$73.2b | 9.3x | 8.2x | 0.3x |
| Fri, 27 Aug 2021 | HK$546.1b | HK$2.4t | HK$73.6b | 9.4x | 7.4x | 0.2x |
| Sat, 03 Jul 2021 | HK$492.0b | HK$2.4t | HK$73.6b | 8.9x | 6.7x | 0.2x |
Price to Earnings Ratio
6.7x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Construction and Engineering industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.4x.
- The industry is trading close to its 3-year average PS ratio of 0.21x.
Past Earnings Growth
- The earnings for companies in the Construction and Engineering industry have declined 4.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Hong Kong Construction and Engineering compare with similar industries?
| HK Market | -1.82% | |
| Industrials | -3.19% | |
| Construction | -2.57% | |
| Construction and Engineering | -2.57% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1271 Grand Ming Group Holdings | HK$3.24 | 11.3% +HK$468.7m | -36.2% | PS16.7x | |
| 552 China Communications Services | HK$4.21 | 0.7% +HK$207.8m | 4.2% | PE7.6x | |
| 2355 Baoye Group | HK$5.06 | 5.4% +HK$135.4m | 20.5% | PE2.8x | |
| 1726 HKE Holdings | HK$1.90 | 5.6% +HK$107.6m | 2.2% | PS23.4x | |
| 750 China Shuifa Singyes Energy Holdings | HK$0.36 | 5.9% +HK$50.4m | -43.8% | PS0.2x |
