Guangdong Construction Engineering Group（002060）株式概要広東建設工程集団有限公司 詳細002060 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績2/6財務の健全性4/6配当金5/6報酬株価収益率（ 11.6 x） CN市場（ 39.7 x）を下回っています。収益は年間6.55%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析負債は営業キャッシュフローで十分にカバーされていない 4.22%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る002060 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW479,493 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA479,493 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥3.3216.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture092b2016201920222025202620282031Revenue CN¥91.6bEarnings CN¥1.4bAdvancedSet Fair ValueView all narrativesGuangdong Construction Engineering Group Co., Ltd. 競合他社CCCC Design & Consulting GroupSymbol: SHSE:600720Market cap: CN¥12.2bChina Aluminum International EngineeringSymbol: SHSE:601068Market cap: CN¥12.4bNORINCO International CooperationSymbol: SZSE:000065Market cap: CN¥10.8bSuzhou Gold Mantis Construction DecorationSymbol: SZSE:002081Market cap: CN¥9.9b価格と性能株価の高値、安値、推移の概要Guangdong Construction Engineering Group過去の株価現在の株価CN¥3.3252週高値CN¥4.5852週安値CN¥2.98ベータ0.161ヶ月の変化8.14%3ヶ月変化-11.70%1年変化-9.78%3年間の変化-48.61%5年間の変化n/aIPOからの変化-55.32%最新ニュースお知らせ • Jun 30Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026Declared Dividend • May 20Dividend of CN¥0.14 announcedDividend of CN¥0.14 is the same as last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 14Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: 11F, No. 85, Liuhua Road, Liwan District, Guangzhou, Guangdong Chinaお知らせ • Mar 31Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 31Guangdong Construction Engineering Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026お知らせ • Sep 30Guangdong Construction Engineering Group Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025最新情報をもっと見るRecent updatesお知らせ • Jun 30Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026Declared Dividend • May 20Dividend of CN¥0.14 announcedDividend of CN¥0.14 is the same as last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 14Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: 11F, No. 85, Liuhua Road, Liwan District, Guangzhou, Guangdong Chinaお知らせ • Mar 31Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 31Guangdong Construction Engineering Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026お知らせ • Sep 30Guangdong Construction Engineering Group Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025お知らせ • Jul 02Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025お知らせ • May 22Guangdong Construction Engineering Group Co., Ltd Approves the Cash Dividend for 2024Guangdong Construction Engineering Group Co., Ltd. at its Annual General Meeting held on 20 May 2025, approved the cash dividend/10 shares (tax included) of CNY 1.40000000 for 2024.お知らせ • Apr 29Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2025Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.お知らせ • Apr 15Guangdong Construction Engineering Group Co., Ltd. Proposes Final Cash Dividend for the Year 2024Guangdong Construction Engineering Group Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 1.40000000 for the year 2024.お知らせ • Mar 31Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025お知らせ • Dec 31Guangdong Construction Engineering Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.093 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.093 in 3Q 2023). Revenue: CN¥14.7b (down 17% from 3Q 2023). Net income: CN¥186.7m (down 46% from 3Q 2023). Profit margin: 1.3% (down from 2.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China.お知らせ • Sep 30Guangdong Construction Engineering Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥3.66, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Construction industry in China. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥1.74 per share.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.077 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥12.9b (down 27% from 2Q 2023). Net income: CN¥288.8m (down 27% from 2Q 2023). Profit margin: 2.2% (in line with 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Construction industry in China.お知らせ • Jun 29Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024お知らせ • Jun 01Guangdong Construction Engineering Group Co., Ltd. Announces Final Dividend of A Shares for 2023, Payable on 07 June 2024Guangdong Construction Engineering Group Co., Ltd. announced final cash dividend of CNY 1.55000000 per 10 A shares (tax included) for 2023. Record date: 06 June 2024. Ex-date: 07 June 2024. Payment date: 07 June 2024.Reported Earnings • May 04First quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.061 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.045 (down from CN¥0.061 in 1Q 2023). Revenue: CN¥13.6b (down 14% from 1Q 2023). Net income: CN¥168.9m (down 18% from 1Q 2023). Profit margin: 1.2% (down from 1.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China.お知らせ • May 01Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2024Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 9F, No. 85, Liuhua Road, Liwan District, Guangzhou, Guangdong ChinaReported Earnings • Apr 16Full year 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.50 in FY 2022)Full year 2023 results: EPS: CN¥0.43 (down from CN¥0.50 in FY 2022). Revenue: CN¥80.9b (down 2.1% from FY 2022). Net income: CN¥1.53b (down 10% from FY 2022). Profit margin: 1.9% (down from 2.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in China.お知らせ • Mar 30Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Mar 09Full year 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.43 (up from CN¥0.33 in FY 2022). Revenue: CN¥81.0b (up 379% from FY 2022). Net income: CN¥1.52b (up 290% from FY 2022). Profit margin: 1.9% (down from 2.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in China.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥3.58, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Construction industry in China. Total loss to shareholders of 49% over the past year.Board Change • Feb 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Yumin Zhang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 16Guangdong No.2 Hydropower Engineering Company, Ltd. Approves Board AppointmentsGuangdong No.2 Hydropower Engineering Company, Ltd. at its 1st extraordinary general meeting of 2024 held on 12 January 2024, approved the appointment of Zhang Yumin, Ma Chunsheng, Li Xuemei and Dai Zhibo as non-independent director and Bai Li as non-independent director.お知らせ • Dec 29Guangdong No.2 Hydropower Engineering Company, Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Guangdong No.2 Hydropower Engineering Company, Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.093 (vs CN¥0.056 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.093 (up from CN¥0.056 in 3Q 2022). Revenue: CN¥17.7b (up 463% from 3Q 2022). Net income: CN¥348.3m (up 421% from 3Q 2022). Profit margin: 2.0% (down from 2.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China.お知らせ • Sep 30Guangdong No.2 Hydropower Engineering Company, Ltd. to Report Q3, 2023 Results on Oct 31, 2023Guangdong No.2 Hydropower Engineering Company, Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023New Risk • Sep 16New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 38% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 110% Paying a dividend despite having no free cash flows. High level of non-cash earnings (38% accrual ratio). Shareholders have been substantially diluted in the past year (212% increase in shares outstanding).Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: CN¥17.6b (up 495% from 2Q 2022). Net income: CN¥394.9m (up 188% from 2Q 2022). Profit margin: 2.2% (down from 4.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.039 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.061 (up from CN¥0.039 in 1Q 2022). Revenue: CN¥15.8b (up 380% from 1Q 2022). Net income: CN¥205.3m (up 336% from 1Q 2022). Profit margin: 1.3% (down from 1.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in China.Board Change • Apr 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 5 experienced directors. 1 highly experienced director. Chairman of the Board Yan Hui Xie is the most experienced director on the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in FY 2021)Full year 2022 results: EPS: CN¥0.31 (up from CN¥0.27 in FY 2021). Revenue: CN¥16.9b (up 18% from FY 2021). Net income: CN¥370.5m (up 13% from FY 2021). Profit margin: 2.2% (down from 2.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Construction industry in China.お知らせ • Jan 11Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) completed the acquisition of Guangdong Construction Engineering Group Co.,Ltd from Guangdong Construction Engineering Group Holding Co., Ltd.Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) agreed to acquire Guangdong Construction Engineering Group Co.,Ltd from Guangdong Construction Engineering Group Holding Co., Ltd. on March 18, 2022. Transaction still needs to be reviewed and approved by the company's general meeting of shareholders, and can be formally implemented after obtaining the review, approval or approval required by relevant laws and regulations. As of September 7, 2022, Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) announced that it will issue 2,191,452,567 shares for CNY 4.79 per share making total consideration at CNY 10,497.057800 million for the transaction. As of December 2, 2022, The transaction has been approved the anti trust authorities and subject to lock up arrangement. As of November 9, 2022, CSRC reviewed and approved the transaction conditionally. The transaction was approved by the following: Construction Holding’s internal decision-making body, Pre-approval of the State-owned Assets Supervision and Administration Commission of Guangdong, 23rd session of the company’s 7th directorate; 26th session of the company’s 7th directorate; company’s 2nd special shareholders’ meeting for 2022, State-owned Assets Supervision and Administration Commission of Guangdong, the transaction has obtained the "Decision on No Further Review of the Anti-monopoly Review on Concentration of Business Operators" issued by the State Administration for Market Regulation. The transaction still needs to be approved by CSRC. CITIC Securities Company Limited (SHSE:600030) acted as financial advisor, King & Wood Mallesons acted as legal advisor and Moore Stephens Da Hua acted as accountant to Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060). Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) completed the acquisition of Guangdong Construction Engineering Group Co.,Ltd from Guangdong Construction Engineering Group Holding Co., Ltd. on January 9, 2023.株主還元002060CN ConstructionCN 市場7D4.1%2.2%0.1%1Y-9.8%-10.0%9.3%株主還元を見る業界別リターン: 002060過去 1 年間で-10 % のリターンをもたらしたCN Construction業界と一致しました。リターン対市場: 002060は、過去 1 年間で9.3 % のリターンを上げたCN市場を下回りました。価格変動Is 002060's price volatile compared to industry and market?002060 volatility002060 Average Weekly Movement3.5%Construction Industry Average Movement6.1%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 002060 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 002060の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200116,743Yan Hui Xiewww.gdcegs.com広東建設工程集団有限公司は、中国で建設業を営んでいる。同社は、水利・水力発電施設、自治体公共事業、高速道路プロジェクト、機械・電気設備プロジェクト、基礎プロジェクト、住宅プロジェクトに従事している。建設プロジェクト、水力発電、風力発電、太陽光発電などの発電事業、鉄骨構造物の製作・据付、建築装飾・リフォーム、建築資材の卸売、支援施設の調査・設計・建設・運営・保守、電力・熱の生産・供給、再生可能エネルギー、鉱業投資などのエンジニアリング建設事業に携わっている。また、エネルギー計画・設計・コンサルティング、水資源投資・開発、投資・管理、研究・実験開発、専門技術、技術普及・応用サービス、非金属鉱物製品も提供している。前身は広東第二水力発電工程有限公司で、2024年2月に広東建設工程集団有限公司に社名変更した。同社は2001年に設立され、中国の広州に本社を置いている。もっと見るGuangdong Construction Engineering Group Co., Ltd. 基礎のまとめGuangdong Construction Engineering Group の収益と売上を時価総額と比較するとどうか。002060 基礎統計学時価総額CN¥12.46b収益（TTM）CN¥1.08b売上高(TTM)CN¥68.46b11.6xPER（株価収益率0.2xP/Sレシオ002060 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計002060 損益計算書（TTM）収益CN¥68.46b売上原価CN¥61.18b売上総利益CN¥7.28bその他の費用CN¥6.20b収益CN¥1.08b直近の収益報告Mar 31, 2026次回決算日Aug 22, 2026一株当たり利益（EPS）0.29グロス・マージン10.63%純利益率1.57%有利子負債／自己資本比率225.5%002060 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.2%現在の配当利回り49%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/01 10:02終値2026/07/31 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Guangdong Construction Engineering Group Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Tian Guang LongChina Galaxy Securities Co., Ltd.Xiao Bao LiuEverbright Securities Co. Ltd.
お知らせ • Jun 30Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026
Declared Dividend • May 20Dividend of CN¥0.14 announcedDividend of CN¥0.14 is the same as last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 14Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: 11F, No. 85, Liuhua Road, Liwan District, Guangzhou, Guangdong China
お知らせ • Mar 31Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 31Guangdong Construction Engineering Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026
お知らせ • Sep 30Guangdong Construction Engineering Group Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
お知らせ • Jun 30Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026
Declared Dividend • May 20Dividend of CN¥0.14 announcedDividend of CN¥0.14 is the same as last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 14Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: 11F, No. 85, Liuhua Road, Liwan District, Guangzhou, Guangdong China
お知らせ • Mar 31Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 31Guangdong Construction Engineering Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026Guangdong Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026
お知らせ • Sep 30Guangdong Construction Engineering Group Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
お知らせ • Jul 02Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
お知らせ • May 22Guangdong Construction Engineering Group Co., Ltd Approves the Cash Dividend for 2024Guangdong Construction Engineering Group Co., Ltd. at its Annual General Meeting held on 20 May 2025, approved the cash dividend/10 shares (tax included) of CNY 1.40000000 for 2024.
お知らせ • Apr 29Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2025Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.
お知らせ • Apr 15Guangdong Construction Engineering Group Co., Ltd. Proposes Final Cash Dividend for the Year 2024Guangdong Construction Engineering Group Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 1.40000000 for the year 2024.
お知らせ • Mar 31Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
お知らせ • Dec 31Guangdong Construction Engineering Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025Guangdong Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.093 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.093 in 3Q 2023). Revenue: CN¥14.7b (down 17% from 3Q 2023). Net income: CN¥186.7m (down 46% from 3Q 2023). Profit margin: 1.3% (down from 2.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China.
お知らせ • Sep 30Guangdong Construction Engineering Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥3.66, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Construction industry in China. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥1.74 per share.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.077 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥12.9b (down 27% from 2Q 2023). Net income: CN¥288.8m (down 27% from 2Q 2023). Profit margin: 2.2% (in line with 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Construction industry in China.
お知らせ • Jun 29Guangdong Construction Engineering Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Guangdong Construction Engineering Group Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
お知らせ • Jun 01Guangdong Construction Engineering Group Co., Ltd. Announces Final Dividend of A Shares for 2023, Payable on 07 June 2024Guangdong Construction Engineering Group Co., Ltd. announced final cash dividend of CNY 1.55000000 per 10 A shares (tax included) for 2023. Record date: 06 June 2024. Ex-date: 07 June 2024. Payment date: 07 June 2024.
Reported Earnings • May 04First quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.061 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.045 (down from CN¥0.061 in 1Q 2023). Revenue: CN¥13.6b (down 14% from 1Q 2023). Net income: CN¥168.9m (down 18% from 1Q 2023). Profit margin: 1.2% (down from 1.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China.
お知らせ • May 01Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2024Guangdong Construction Engineering Group Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 9F, No. 85, Liuhua Road, Liwan District, Guangzhou, Guangdong China
Reported Earnings • Apr 16Full year 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.50 in FY 2022)Full year 2023 results: EPS: CN¥0.43 (down from CN¥0.50 in FY 2022). Revenue: CN¥80.9b (down 2.1% from FY 2022). Net income: CN¥1.53b (down 10% from FY 2022). Profit margin: 1.9% (down from 2.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in China.
お知らせ • Mar 30Guangdong Construction Engineering Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Guangdong Construction Engineering Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Mar 09Full year 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.43 (up from CN¥0.33 in FY 2022). Revenue: CN¥81.0b (up 379% from FY 2022). Net income: CN¥1.52b (up 290% from FY 2022). Profit margin: 1.9% (down from 2.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in China.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥3.58, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Construction industry in China. Total loss to shareholders of 49% over the past year.
Board Change • Feb 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Yumin Zhang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 16Guangdong No.2 Hydropower Engineering Company, Ltd. Approves Board AppointmentsGuangdong No.2 Hydropower Engineering Company, Ltd. at its 1st extraordinary general meeting of 2024 held on 12 January 2024, approved the appointment of Zhang Yumin, Ma Chunsheng, Li Xuemei and Dai Zhibo as non-independent director and Bai Li as non-independent director.
お知らせ • Dec 29Guangdong No.2 Hydropower Engineering Company, Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Guangdong No.2 Hydropower Engineering Company, Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.093 (vs CN¥0.056 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.093 (up from CN¥0.056 in 3Q 2022). Revenue: CN¥17.7b (up 463% from 3Q 2022). Net income: CN¥348.3m (up 421% from 3Q 2022). Profit margin: 2.0% (down from 2.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China.
お知らせ • Sep 30Guangdong No.2 Hydropower Engineering Company, Ltd. to Report Q3, 2023 Results on Oct 31, 2023Guangdong No.2 Hydropower Engineering Company, Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
New Risk • Sep 16New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 38% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 110% Paying a dividend despite having no free cash flows. High level of non-cash earnings (38% accrual ratio). Shareholders have been substantially diluted in the past year (212% increase in shares outstanding).
Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: CN¥17.6b (up 495% from 2Q 2022). Net income: CN¥394.9m (up 188% from 2Q 2022). Profit margin: 2.2% (down from 4.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.039 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.061 (up from CN¥0.039 in 1Q 2022). Revenue: CN¥15.8b (up 380% from 1Q 2022). Net income: CN¥205.3m (up 336% from 1Q 2022). Profit margin: 1.3% (down from 1.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in China.
Board Change • Apr 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 5 experienced directors. 1 highly experienced director. Chairman of the Board Yan Hui Xie is the most experienced director on the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in FY 2021)Full year 2022 results: EPS: CN¥0.31 (up from CN¥0.27 in FY 2021). Revenue: CN¥16.9b (up 18% from FY 2021). Net income: CN¥370.5m (up 13% from FY 2021). Profit margin: 2.2% (down from 2.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Construction industry in China.
お知らせ • Jan 11Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) completed the acquisition of Guangdong Construction Engineering Group Co.,Ltd from Guangdong Construction Engineering Group Holding Co., Ltd.Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) agreed to acquire Guangdong Construction Engineering Group Co.,Ltd from Guangdong Construction Engineering Group Holding Co., Ltd. on March 18, 2022. Transaction still needs to be reviewed and approved by the company's general meeting of shareholders, and can be formally implemented after obtaining the review, approval or approval required by relevant laws and regulations. As of September 7, 2022, Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) announced that it will issue 2,191,452,567 shares for CNY 4.79 per share making total consideration at CNY 10,497.057800 million for the transaction. As of December 2, 2022, The transaction has been approved the anti trust authorities and subject to lock up arrangement. As of November 9, 2022, CSRC reviewed and approved the transaction conditionally. The transaction was approved by the following: Construction Holding’s internal decision-making body, Pre-approval of the State-owned Assets Supervision and Administration Commission of Guangdong, 23rd session of the company’s 7th directorate; 26th session of the company’s 7th directorate; company’s 2nd special shareholders’ meeting for 2022, State-owned Assets Supervision and Administration Commission of Guangdong, the transaction has obtained the "Decision on No Further Review of the Anti-monopoly Review on Concentration of Business Operators" issued by the State Administration for Market Regulation. The transaction still needs to be approved by CSRC. CITIC Securities Company Limited (SHSE:600030) acted as financial advisor, King & Wood Mallesons acted as legal advisor and Moore Stephens Da Hua acted as accountant to Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060). Guangdong No.2 Hydropower Engineering Company, Ltd. (SZSE:002060) completed the acquisition of Guangdong Construction Engineering Group Co.,Ltd from Guangdong Construction Engineering Group Holding Co., Ltd. on January 9, 2023.
