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Hong Kong (HSI) Construction Industry Analysis
UpdatedJan 20, 2022
DataAggregated Company Financials
Companies152
- 7D1.0%
- 3M0.9%
- 1Y16.7%
- YTD1.9%
Over the last 7 days, the Construction industry has remained flat, although notably China Energy Engineering gained 5.5%. The past year has been better, since the industry has gained 16% in that time.
Industry Valuation and Performance
Has the Hong Kong Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | HK$623.0b | HK$2.5t | HK$74.3b | 8.5x |
| Sat, 18 Dec 2021 | HK$598.7b | HK$2.5t | HK$74.2b | 9.2x |
| Mon, 15 Nov 2021 | HK$562.9b | HK$2.5t | HK$73.9b | 9.4x |
| Wed, 13 Oct 2021 | HK$589.1b | HK$2.4t | HK$73.3b | 9.7x |
| Fri, 10 Sep 2021 | HK$644.2b | HK$2.4t | HK$72.9b | 10.3x |
| Sun, 08 Aug 2021 | HK$517.6b | HK$2.4t | HK$73.6b | 9.1x |
| Sat, 01 May 2021 | HK$507.7b | HK$2.2t | HK$65.0b | 9.7x |
| Tue, 02 Feb 2021 | HK$473.6b | HK$2.1t | HK$59.3b | 9.7x |
| Fri, 06 Nov 2020 | HK$489.1b | HK$1.9t | HK$53.3b | 9.2x |
| Mon, 10 Aug 2020 | HK$470.4b | HK$1.8t | HK$50.0b | 10x |
| Sun, 03 May 2020 | HK$460.7b | HK$1.7t | HK$53.8b | 11x |
| Wed, 05 Feb 2020 | HK$470.4b | HK$1.8t | HK$57.6b | 10.7x |
| Sat, 09 Nov 2019 | HK$478.8b | HK$1.7t | HK$54.8b | 11x |
| Fri, 02 Aug 2019 | HK$524.4b | HK$1.7t | HK$55.0b | 11.6x |
| Mon, 06 May 2019 | HK$587.3b | HK$1.7t | HK$57.7b | 12.9x |
| Thu, 07 Feb 2019 | HK$552.1b | HK$1.6t | HK$57.5b | 11.9x |
PE Ratio
11.9x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Construction industry have grown 9.0% per year over the last three years, and revenues for these companies have grown 16% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Construction industry?
| Construction and Engineering | 0.95% | |
Industry PE: Investors are most optimistic about the Construction and Engineering industry even though it's trading below its 3-year average PE ratio of 10.5x. However analysts expect its future annual earnings growth (12%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.
Forecasted Growth: Analysts are most optimistic on the Construction and Engineering industry, expecting annual earnings growth of 12% over the next 5 years. This is roughly in line with its past earnings growth rate.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3996 China Energy Engineering | HK$1.36 | 6.3% +HK$3.3b | 65.9% | PE7.8x | |
| 1800 China Communications Construction | HK$4.66 | 3.8% +HK$2.7b | 18.6% | PE3.1x | |
| 1735 Central Holding Group | HK$11.18 | 20.5% +HK$2.0b | 207.1% | PS16.1x | |
| 1799 Xinte Energy | HK$15.82 | 9.0% +HK$1.9b | -35.4% | PE9.6x | |
| 9979 Greentown Management Holdings | HK$5.40 | 6.5% +HK$646.1m | 59.8% | PE15.6x |
