Hong Kong (HSI) Construction Industry Analysis

UpdatedMay 10, 2024

DataAggregated Company Financials

Companies153

7D4.2%
3M13.9%
1Y-19.1%
YTD10.5%

In the last week, the Construction industry is up 4.2%, with China Communications Construction up 4.7%. In the same time, Grand Ming Group Holdings was down 5.7%. However, the industry is down 19% over the past year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Hong Kong Construction Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 10 May 2024	HK$510.6b	HK$2.6t	HK$65.6b	8.9x	7.8x	0.2x
Sun, 07 Apr 2024	HK$501.8b	HK$2.6t	HK$67.6b	7.9x	7.4x	0.2x
Tue, 05 Mar 2024	HK$491.0b	HK$2.6t	HK$73.6b	7.3x	6.7x	0.2x
Thu, 01 Feb 2024	HK$478.4b	HK$2.6t	HK$74.4b	7.7x	6.4x	0.2x
Sat, 30 Dec 2023	HK$474.6b	HK$2.6t	HK$74.2b	8.3x	6.4x	0.2x
Mon, 27 Nov 2023	HK$479.7b	HK$2.6t	HK$72.9b	9.7x	6.6x	0.2x
Wed, 25 Oct 2023	HK$467.1b	HK$2.5t	HK$73.1b	9x	6.4x	0.2x
Fri, 22 Sep 2023	HK$500.2b	HK$2.5t	HK$74.0b	11.7x	6.8x	0.2x
Sun, 20 Aug 2023	HK$545.3b	HK$2.5t	HK$73.3b	9.9x	7.4x	0.2x
Tue, 18 Jul 2023	HK$570.6b	HK$2.5t	HK$75.0b	10.2x	7.6x	0.2x
Thu, 15 Jun 2023	HK$567.0b	HK$2.5t	HK$75.0b	11.1x	7.6x	0.2x
Sat, 13 May 2023	HK$554.4b	HK$2.6t	HK$77.0b	11.1x	7.2x	0.2x
Mon, 10 Apr 2023	HK$558.3b	HK$2.6t	HK$76.8b	10.4x	7.3x	0.2x
Wed, 08 Mar 2023	HK$546.9b	HK$2.5t	HK$74.4b	9.8x	7.3x	0.2x
Fri, 03 Feb 2023	HK$513.0b	HK$2.5t	HK$71.7b	9.3x	7.2x	0.2x
Sun, 01 Jan 2023	HK$472.9b	HK$2.5t	HK$69.9b	9.3x	6.8x	0.2x
Tue, 29 Nov 2022	HK$471.1b	HK$2.4t	HK$67.9b	9x	6.9x	0.2x
Thu, 27 Oct 2022	HK$429.5b	HK$2.3t	HK$67.1b	9.4x	6.4x	0.2x
Sat, 24 Sep 2022	HK$464.9b	HK$2.4t	HK$68.8b	10.8x	6.8x	0.2x
Mon, 22 Aug 2022	HK$503.4b	HK$2.4t	HK$67.0b	11.5x	7.5x	0.2x
Wed, 20 Jul 2022	HK$526.3b	HK$2.4t	HK$66.8b	11.9x	7.9x	0.2x
Fri, 17 Jun 2022	HK$535.1b	HK$2.4t	HK$67.7b	10x	7.9x	0.2x
Sun, 15 May 2022	HK$557.0b	HK$2.4t	HK$67.0b	9.1x	8.3x	0.2x
Tue, 12 Apr 2022	HK$591.0b	HK$2.5t	HK$71.2b	9.8x	8.3x	0.2x
Thu, 10 Mar 2022	HK$620.7b	HK$2.5t	HK$74.6b	7.8x	8.3x	0.2x
Sat, 05 Feb 2022	HK$608.9b	HK$2.5t	HK$74.2b	9.2x	8.2x	0.2x
Mon, 03 Jan 2022	HK$604.3b	HK$2.5t	HK$74.4b	8.9x	8.1x	0.2x
Wed, 01 Dec 2021	HK$562.9b	HK$2.5t	HK$74.0b	10.5x	7.6x	0.2x
Fri, 29 Oct 2021	HK$592.7b	HK$2.4t	HK$73.8b	9.8x	8x	0.2x
Sun, 26 Sep 2021	HK$630.1b	HK$2.4t	HK$73.1b	9.4x	8.6x	0.3x
Tue, 24 Aug 2021	HK$525.7b	HK$2.4t	HK$73.6b	9.6x	7.1x	0.2x
Wed, 30 Jun 2021	HK$492.0b	HK$2.4t	HK$73.6b	8.9x	6.7x	0.2x

Price to Earnings Ratio

7.8x

Tue, 08 Jun 2021

Current Industry PE

Investors are relatively neutral on the Hong Kong Construction 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 industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have grown 5.2% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Hong Kong Industrials industry?


HK Market	2.53%
Industrials	4.90%
Construction	4.24%
Construction and Engineering	4.24%

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
1800 China Communications Construction	HK$4.61	8.2% +HK$5.7b	-6.5%	PE3x
3996 China Energy Engineering	HK$0.87	13.0% +HK$4.2b	-20.2%	PE4x
3311 China State Construction International Holdings	HK$9.22	7.5% +HK$3.2b	-2.1%	PE5.1x
1618 Metallurgical Corporation of China	HK$1.65	8.6% +HK$2.7b	-24.0%	PE5.1x
552 China Communications Services	HK$3.86	3.8% +HK$969.6m	-5.6%	PE6.9x

Latest News

2163

HK$2.12

Changsha Broad Homes Industrial Group

-6.6%

-40.8%

Investors Aren't Entirely Convinced By Changsha Broad Homes Industrial Group Co., Ltd.'s (HKG:2163) Revenues

May 09

3311

HK$9.22

China State Construction International Holdings

7.5%

-2.1%

China State Construction International Holdings (HKG:3311) Is Increasing Its Dividend To HK$0.285

May 08

552

HK$3.86

China Communications Services

3.8%

-5.6%

Does China Communications Services (HKG:552) Deserve A Spot On Your Watchlist?

May 08

1499

HK$0.19

OKG Technology Holdings

-13.4%

-41.2%

Some Confidence Is Lacking In OKG Technology Holdings Limited (HKG:1499) As Shares Slide 27%

May 07

1783

HK$4.71

Envision Greenwise Holdings

19.5%

902.1%

Market Participants Recognise Envision Greenwise Holdings Limited's (HKG:1783) Revenues Pushing Shares 30% Higher

May 07

2386

HK$5.32

SINOPEC Engineering (Group)

3.7%

37.8%

1800

HK$4.61

China Communications Construction

8.2%

-6.5%

China Communications Construction's (HKG:1800) Upcoming Dividend Will Be Larger Than Last Year's

May 02

2503

HK$0.83

Zhongshen Jianye Holding

-16.2%

n/a

3996

HK$0.87

China Energy Engineering

13.0%

-20.2%

1618

HK$1.65

Metallurgical Corporation of China

8.6%

-24.0%

1741

HK$0.25

Ri Ying Holdings

-33.3%

-83.2%

More Unpleasant Surprises Could Be In Store For Ri Ying Holdings Limited's (HKG:1741) Shares After Tumbling 27%

Apr 29

1707

HK$0.065

Geotech Holdings

-45.8%

-74.0%

Some Geotech Holdings Ltd. (HKG:1707) Shareholders Look For Exit As Shares Take 32% Pounding

Apr 28

9979

HK$7.11

Greentown Management Holdings

4.6%

0.1%

1799

HK$9.20

Xinte Energy

-2.1%

-48.3%

Is There An Opportunity With Xinte Energy Co., Ltd.'s (HKG:1799) 46% Undervaluation?

Apr 24

1662

HK$1.73

Yee Hop Holdings

-7.5%

61.7%

Yee Hop Holdings Limited's (HKG:1662) 30% Price Boost Is Out Of Tune With Revenues

Jan 04

1271

HK$2.99

Grand Ming Group Holdings

-11.8%

-42.5%