China State Construction International Holdings' (HKG:3311) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 24
Hong Kong (HSI) Construction and Engineering Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies153
- 7D0.7%
- 3M7.9%
- 1Y-21.5%
- YTDn/a
Over the last 7 days, the Construction and Engineering industry has remained flat, although notably China Energy Engineering gained 4.0%. As for the longer term, the industry has declined 22% in the last year. Looking forward, earnings are forecast to grow by 12% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | HK$506.0b | HK$2.6t | HK$65.4b | 8.7x | 7.7x | 0.2x |
| Sun, 24 Mar 2024 | HK$493.7b | HK$2.6t | HK$74.3b | 7.2x | 6.6x | 0.2x |
| Tue, 20 Feb 2024 | HK$487.7b | HK$2.6t | HK$73.6b | 7.4x | 6.6x | 0.2x |
| Thu, 18 Jan 2024 | HK$448.5b | HK$2.6t | HK$73.6b | 8.1x | 6.1x | 0.2x |
| Sat, 16 Dec 2023 | HK$472.4b | HK$2.6t | HK$74.1b | 8.3x | 6.4x | 0.2x |
| Mon, 13 Nov 2023 | HK$471.1b | HK$2.6t | HK$73.0b | 8.8x | 6.5x | 0.2x |
| Wed, 11 Oct 2023 | HK$482.1b | HK$2.5t | HK$74.0b | 9.3x | 6.5x | 0.2x |
| Fri, 08 Sep 2023 | HK$516.1b | HK$2.5t | HK$73.9b | 10.6x | 7x | 0.2x |
| Sun, 06 Aug 2023 | HK$578.9b | HK$2.5t | HK$75.0b | 10.2x | 7.7x | 0.2x |
| Tue, 04 Jul 2023 | HK$571.6b | HK$2.5t | HK$74.2b | 11.3x | 7.7x | 0.2x |
| Thu, 01 Jun 2023 | HK$569.9b | HK$2.5t | HK$75.5b | 10.8x | 7.5x | 0.2x |
| Sat, 29 Apr 2023 | HK$592.0b | HK$2.5t | HK$76.2b | 11.9x | 7.8x | 0.2x |
| Mon, 27 Mar 2023 | HK$547.7b | HK$2.5t | HK$74.9b | 9.7x | 7.3x | 0.2x |
| Wed, 22 Feb 2023 | HK$514.1b | HK$2.5t | HK$70.3b | 9.6x | 7.3x | 0.2x |
| Fri, 20 Jan 2023 | HK$493.4b | HK$2.5t | HK$71.1b | 9.2x | 6.9x | 0.2x |
| Sun, 18 Dec 2022 | HK$486.8b | HK$2.4t | HK$69.1b | 9.5x | 7x | 0.2x |
| Tue, 15 Nov 2022 | HK$445.5b | HK$2.4t | HK$68.4b | 9.4x | 6.5x | 0.2x |
| Thu, 13 Oct 2022 | HK$431.7b | HK$2.4t | HK$68.0b | 10.5x | 6.3x | 0.2x |
| Sat, 10 Sep 2022 | HK$513.0b | HK$2.4t | HK$69.8b | 11.2x | 7.3x | 0.2x |
| Mon, 08 Aug 2022 | HK$492.4b | HK$2.4t | HK$66.8b | 11.1x | 7.4x | 0.2x |
| Wed, 06 Jul 2022 | HK$544.9b | HK$2.4t | HK$67.2b | 12.4x | 8.1x | 0.2x |
| Fri, 03 Jun 2022 | HK$560.0b | HK$2.4t | HK$68.1b | 9.9x | 8.2x | 0.2x |
| Sun, 01 May 2022 | HK$563.4b | HK$2.4t | HK$67.7b | 9.5x | 8.3x | 0.2x |
| Tue, 29 Mar 2022 | HK$584.0b | HK$2.5t | HK$77.1b | 8.6x | 7.6x | 0.2x |
| Thu, 24 Feb 2022 | HK$658.6b | HK$2.5t | HK$74.7b | 9.6x | 8.8x | 0.3x |
| Sat, 22 Jan 2022 | HK$620.9b | HK$2.5t | HK$74.4b | 9x | 8.3x | 0.3x |
| Mon, 20 Dec 2021 | HK$598.4b | HK$2.5t | HK$74.1b | 9.2x | 8.1x | 0.2x |
| Wed, 17 Nov 2021 | HK$557.9b | HK$2.5t | HK$73.9b | 9.2x | 7.6x | 0.2x |
| Fri, 15 Oct 2021 | HK$588.4b | HK$2.4t | HK$73.5b | 9.7x | 8x | 0.2x |
| Sun, 12 Sep 2021 | HK$644.2b | HK$2.4t | HK$72.9b | 10.3x | 8.8x | 0.3x |
| Tue, 10 Aug 2021 | HK$513.2b | HK$2.4t | HK$73.6b | 9.2x | 7x | 0.2x |
| Mon, 03 May 2021 | HK$507.7b | HK$2.2t | HK$65.0b | 9.7x | 7.8x | 0.2x |
Price to Earnings Ratio
7.8x
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 0.22x.
Past Earnings Growth
- The earnings for companies in the Construction and Engineering industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.9% 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 Comparison
How does Hong Kong Construction and Engineering compare with similar industries?
| HK Market | 3.52% | |
| Industrials | 1.92% | |
| Construction | 0.67% | |
| Construction and Engineering | 0.67% | |
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$4.28 | 2.6% +HK$1.8b | -18.2% | PE2.9x | |
| 552 China Communications Services | HK$3.80 | 5.3% +HK$1.3b | -11.4% | PE6.8x | |
| 3996 China Energy Engineering | HK$0.79 | 2.6% +HK$833.8m | -33.1% | PE3.8x | |
| 1618 Metallurgical Corporation of China | HK$1.58 | 2.6% +HK$828.9m | -33.9% | PE4.4x | |
| 586 China Conch Venture Holdings | HK$5.68 | 8.8% +HK$818.8m | -54.5% | PE3.8x |
