China Hongguang Holdings' (HKG:8646) Profits May Not Reveal Underlying Issues
Apr 07
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Building Industry Analysis
UpdatedApr 10, 2026
DataAggregated Company Financials
Companies8
- 7D2.4%
- 3M14.2%
- 1Y31.8%
- YTD14.4%
Over the last 7 days, the Building industry has risen 2.4%, driven by gains from Xinyi Glass Holdings of 3.4%. During this same period, the Yuanda China Holdings underperformed, falling 24%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Hong Kong Building Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 11 Apr 2026 | HK$64.7b | HK$61.9b | HK$5.1b | 10.7x | 12.7x | 1x |
| Mon, 09 Mar 2026 | HK$71.3b | HK$63.5b | HK$5.1b | 12.7x | 14x | 1.1x |
| Wed, 04 Feb 2026 | HK$67.9b | HK$63.7b | HK$4.1b | 15.5x | 16.6x | 1.1x |
| Fri, 02 Jan 2026 | HK$55.5b | HK$63.0b | HK$4.1b | 12.6x | 13.7x | 0.9x |
| Sun, 30 Nov 2025 | HK$56.6b | HK$62.4b | HK$4.0b | 12.9x | 14.1x | 0.9x |
| Tue, 28 Oct 2025 | HK$60.6b | HK$62.1b | HK$4.0b | 13.5x | 15.2x | 1x |
| Thu, 25 Sep 2025 | HK$65.0b | HK$65.6b | HK$2.9b | 13.7x | 22.5x | 1x |
| Sat, 23 Aug 2025 | HK$63.8b | HK$67.4b | HK$2.9b | 13.3x | 22x | 0.9x |
| Mon, 21 Jul 2025 | HK$60.1b | HK$70.2b | HK$4.7b | 8.7x | 12.8x | 0.9x |
| Wed, 18 Jun 2025 | HK$57.1b | HK$70.3b | HK$4.7b | 8.1x | 12.1x | 0.8x |
| Fri, 16 May 2025 | HK$56.0b | HK$69.8b | HK$4.7b | 7.9x | 12x | 0.8x |
| Sun, 13 Apr 2025 | HK$52.5b | HK$69.3b | HK$4.7b | 7.8x | 11.1x | 0.8x |
| Tue, 11 Mar 2025 | HK$55.6b | HK$80.2b | HK$5.7b | 9.2x | 9.7x | 0.7x |
| Thu, 06 Feb 2025 | HK$53.0b | HK$82.3b | HK$8.1b | 6.1x | 6.6x | 0.6x |
| Sat, 04 Jan 2025 | HK$53.7b | HK$82.4b | HK$8.1b | 6.5x | 6.6x | 0.7x |
| Mon, 02 Dec 2024 | HK$58.4b | HK$82.9b | HK$8.1b | 6.4x | 7.2x | 0.7x |
| Wed, 30 Oct 2024 | HK$63.8b | HK$84.9b | HK$8.4b | 6.5x | 7.6x | 0.8x |
| Fri, 27 Sep 2024 | HK$54.9b | HK$85.9b | HK$8.5b | 6.5x | 6.5x | 0.6x |
| Sun, 25 Aug 2024 | HK$48.2b | HK$86.2b | HK$9.2b | 6.2x | 5.3x | 0.6x |
| Tue, 23 Jul 2024 | HK$57.1b | HK$86.0b | HK$8.4b | 6.7x | 6.8x | 0.7x |
| Thu, 20 Jun 2024 | HK$62.1b | HK$86.1b | HK$8.4b | 7.3x | 7.4x | 0.7x |
| Sat, 18 May 2024 | HK$70.8b | HK$86.3b | HK$8.4b | 8.6x | 8.4x | 0.8x |
| Mon, 15 Apr 2024 | HK$60.8b | HK$86.4b | HK$8.5b | 8.2x | 7.2x | 0.7x |
| Wed, 13 Mar 2024 | HK$68.1b | HK$86.3b | HK$9.1b | 7.6x | 7.5x | 0.8x |
| Fri, 09 Feb 2024 | HK$51.3b | HK$84.7b | HK$7.7b | 7.1x | 6.6x | 0.6x |
| Sun, 07 Jan 2024 | HK$63.2b | HK$84.4b | HK$7.7b | 7.3x | 8.2x | 0.7x |
| Tue, 05 Dec 2023 | HK$63.5b | HK$84.5b | HK$7.7b | 7x | 8.2x | 0.8x |
| Thu, 02 Nov 2023 | HK$64.9b | HK$83.3b | HK$7.7b | 6.8x | 8.5x | 0.8x |
| Sat, 30 Sep 2023 | HK$70.6b | HK$82.4b | HK$7.6b | 9.8x | 9.3x | 0.9x |
| Mon, 28 Aug 2023 | HK$74.1b | HK$82.5b | HK$7.7b | 9.9x | 9.7x | 0.9x |
| Wed, 26 Jul 2023 | HK$82.0b | HK$83.5b | HK$8.8b | 10.3x | 9.3x | 1x |
| Fri, 23 Jun 2023 | HK$83.0b | HK$83.4b | HK$8.8b | 11x | 9.5x | 1x |
| Sun, 21 May 2023 | HK$86.5b | HK$84.5b | HK$8.8b | 11x | 9.8x | 1x |
| Tue, 18 Apr 2023 | HK$103.6b | HK$85.3b | HK$9.0b | 11.6x | 11.5x | 1.2x |
Price to Earnings Ratio
11.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Building industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.7x which is higher than its 3-year average PE of 10.4x.
- The 3-year average PS ratio of 0.83x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Building industry have declined 17% per year over the last three years,
- Revenues have also declined 10% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 1.85% | |
| Industrials | 3.53% | |
| Building | 2.37% | |
| Building Products | 2.37% | |
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 | |
|---|---|---|---|---|---|
| 868 Xinyi Glass Holdings | HK$10.19 | 2.8% +HK$1.2b | 47.0% | PE14.4x | |
| 2128 China Lesso Group Holdings | HK$4.92 | 0.8% +HK$124.1m | 17.7% | PE10.5x | |
| 830 China State Construction Development Holdings | HK$0.88 | 1.1% +HK$22.6m | -38.0% | PE8.4x | |
| 713 World Houseware (Holdings) | HK$0.38 | 5.6% +HK$15.8m | -18.3% | PS1.2x |