Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Hong Kong (HSI) Construction Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies150
  • 7D-0.6%
  • 3M-3.3%
  • 1Y10.9%
  • YTD-0.6%

The Construction is pretty flat in the last 7 days, but Hong Kong Zcloud Technology Construction has stood out, gaining 9.1%. The past year has been better, since the industry has gained 11% in that time. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Jan 2026HK$592.4bHK$2.5tHK$44.2b10.7x13.4x0.2x
Mon, 15 Dec 2025HK$569.7bHK$2.5tHK$43.4b10.8x13.1x0.2x
Wed, 12 Nov 2025HK$600.1bHK$2.5tHK$42.8b12x14x0.2x
Fri, 10 Oct 2025HK$604.2bHK$2.5tHK$46.6b11x13x0.2x
Sun, 07 Sep 2025HK$578.2bHK$2.5tHK$47.8b10.5x12.1x0.2x
Tue, 05 Aug 2025HK$574.1bHK$2.5tHK$49.5b11.2x11.6x0.2x
Thu, 03 Jul 2025HK$547.9bHK$2.5tHK$49.6b10.3x11x0.2x
Sat, 31 May 2025HK$538.2bHK$2.5tHK$49.5b11.7x10.9x0.2x
Mon, 28 Apr 2025HK$528.0bHK$2.5tHK$50.4b11.6x10.5x0.2x
Wed, 26 Mar 2025HK$542.1bHK$2.5tHK$55.3b11.2x9.8x0.2x
Fri, 21 Feb 2025HK$542.4bHK$2.5tHK$56.9b12.7x9.5x0.2x
Sun, 19 Jan 2025HK$541.6bHK$2.5tHK$56.7b11.3x9.6x0.2x
Tue, 17 Dec 2024HK$563.4bHK$2.5tHK$56.8b11.5x9.9x0.2x
Thu, 14 Nov 2024HK$571.3bHK$2.5tHK$57.6b10.6x9.9x0.2x
Sat, 12 Oct 2024HK$580.9bHK$2.6tHK$56.3b9.7x10.3x0.2x
Mon, 09 Sep 2024HK$482.2bHK$2.6tHK$56.6b8.7x8.5x0.2x
Wed, 07 Aug 2024HK$515.9bHK$2.6tHK$66.0b8.4x7.8x0.2x
Fri, 05 Jul 2024HK$528.7bHK$2.6tHK$65.0b9.2x8.1x0.2x
Sun, 02 Jun 2024HK$529.1bHK$2.6tHK$65.2b8.7x8.1x0.2x
Tue, 30 Apr 2024HK$510.4bHK$2.6tHK$65.4b8.6x7.8x0.2x
Thu, 28 Mar 2024HK$490.3bHK$2.6tHK$64.5b7.3x7.6x0.2x
Sat, 24 Feb 2024HK$500.3bHK$2.6tHK$73.6b7.3x6.8x0.2x
Mon, 22 Jan 2024HK$448.9bHK$2.6tHK$73.9b8x6.1x0.2x
Wed, 20 Dec 2023HK$461.1bHK$2.6tHK$73.7b8.4x6.3x0.2x
Fri, 17 Nov 2023HK$483.6bHK$2.6tHK$71.9b8.8x6.7x0.2x
Sun, 15 Oct 2023HK$490.1bHK$2.5tHK$73.1b9.3x6.7x0.2x
Tue, 12 Sep 2023HK$516.8bHK$2.5tHK$74.1b10.5x7x0.2x
Thu, 10 Aug 2023HK$569.0bHK$2.5tHK$74.8b10.3x7.6x0.2x
Sat, 08 Jul 2023HK$559.8bHK$2.5tHK$74.6b10.9x7.5x0.2x
Mon, 05 Jun 2023HK$574.6bHK$2.5tHK$75.8b11x7.6x0.2x
Wed, 03 May 2023HK$592.4bHK$2.6tHK$77.4b11.8x7.7x0.2x
Fri, 31 Mar 2023HK$543.1bHK$2.5tHK$75.7b10.4x7.2x0.2x
Sun, 26 Feb 2023HK$499.6bHK$2.4tHK$69.7b9.9x7.2x0.2x
Tue, 24 Jan 2023HK$507.4bHK$2.5tHK$71.1b9.1x7.1x0.2x
Price to Earnings Ratio

7.1x


Total Market Cap: HK$507.4bTotal Earnings: HK$71.1bTotal Revenue: HK$2.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Construction Industry Price to Earnings3Y Average 9x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.2x which is higher than its 3-year average PE of 9.0x.
  • 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 declined 15% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

HK Market2.18%
Industrials1.63%
Construction-0.61%
Construction and Engineering-0.61%
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?

CompanyLast Price7D1YValuation
9900 Hong Kong Zcloud Technology ConstructionHK$6.609.1%
+HK$1.6b		439.9%PE1102.1x
1757 Affluent Foundation HoldingsHK$6.0028.2%
+HK$1.6b		4,661.9%PE6260.9x
3996 China Energy EngineeringHK$1.152.7%
+HK$1.3b		22.3%PE5.4x
1903 JBB Builders InternationalHK$2.86167.3%
+HK$895.0m		535.6%PE558.9x
1799 Xinte EnergyHK$7.287.1%
+HK$686.4m		-1.2%PS0.6x

Latest News

1757
HK$6.00
Affluent Foundation Holdings
7D
28.2%
1Y
4,661.9%
1618
HK$1.83
Metallurgical Corporation of China
7D
-0.5%
1Y
19.6%
3996
HK$1.15
China Energy Engineering
7D
2.7%
1Y
22.3%

Does China Energy Engineering (HKG:3996) Have A Healthy Balance Sheet?

Jan 15
Does China Energy Engineering (HKG:3996) Have A Healthy Balance Sheet?
1796
HK$3.57
Metaspacex
7D
29.8%
1Y
88.9%
3311
HK$8.83
China State Construction International Holdings
7D
-1.7%
1Y
-27.4%

China State Construction International Holdings (HKG:3311) Is Experiencing Growth In Returns On Capital

Jan 12
China State Construction International Holdings (HKG:3311) Is Experiencing Growth In Returns On Capital
1799
HK$7.28
Xinte Energy
7D
7.1%
1Y
-1.2%
2386
HK$6.90
SINOPEC Engineering (Group)
7D
-12.1%
1Y
10.6%

Here's Why SINOPEC Engineering (Group) (HKG:2386) Has Caught The Eye Of Investors

Jan 05
Here's Why SINOPEC Engineering (Group) (HKG:2386) Has Caught The Eye Of Investors
1271
HK$0.99
Grand Ming Group Holdings
7D
-13.9%
1Y
-61.8%

Grand Ming Group Holdings Limited's (HKG:1271) Shares Climb 46% But Its Business Is Yet to Catch Up

Jan 04
Grand Ming Group Holdings Limited's (HKG:1271) Shares Climb 46% But Its Business Is Yet to Catch Up
3928
HK$9.49
China Next-Gen Commerce and Supply Chain
7D
6.0%
1Y
185.0%
1800
HK$5.02
China Communications Construction
7D
-1.4%
1Y
-2.7%

Capital Allocation Trends At China Communications Construction (HKG:1800) Aren't Ideal

Dec 31
Capital Allocation Trends At China Communications Construction (HKG:1800) Aren't Ideal
1903
HK$2.86
JBB Builders International
7D
167.3%
1Y
535.6%
1735
HK$7.98
Central New Energy Holding Group
7D
-0.5%
1Y
-3.5%
9929
HK$0.58
SEM Holdings
7D
-20.5%
1Y
1,134.0%
9900
HK$6.60
Hong Kong Zcloud Technology Construction
7D
9.1%
1Y
439.9%
552
HK$4.62
China Communications Services
7D
1.1%
1Y
7.4%

Investors Met With Slowing Returns on Capital At China Communications Services (HKG:552)

Nov 26
Investors Met With Slowing Returns on Capital At China Communications Services (HKG:552)
2520
HK$2.10
Shanxi Installation Group
7D
-7.9%
1Y
-1.4%