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Hong Kong (HSI) Construction Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies150
  • 7D2.2%
  • 3M6.1%
  • 1Y15.3%
  • YTD7.2%

Last week, the Construction industry hasn't moved much but China Energy Engineering is up 7.6% in that time. The past year has been better, since the industry has gained 15% in that time. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Feb 2026HK$614.8bHK$2.6tHK$45.0b11x13.7x0.2x
Sat, 24 Jan 2026HK$597.3bHK$2.5tHK$44.3b10.6x13.5x0.2x
Mon, 22 Dec 2025HK$567.3bHK$2.5tHK$43.5b10.7x13x0.2x
Wed, 19 Nov 2025HK$590.8bHK$2.5tHK$42.9b11x13.8x0.2x
Fri, 17 Oct 2025HK$592.7bHK$2.5tHK$46.6b11x12.7x0.2x
Sun, 14 Sep 2025HK$588.0bHK$2.5tHK$47.7b10.9x12.3x0.2x
Tue, 12 Aug 2025HK$584.3bHK$2.5tHK$49.4b11.9x11.8x0.2x
Thu, 10 Jul 2025HK$550.4bHK$2.5tHK$49.6b10x11.1x0.2x
Sat, 07 Jun 2025HK$544.1bHK$2.5tHK$49.6b12.2x11x0.2x
Mon, 05 May 2025HK$530.3bHK$2.5tHK$48.5b11.4x10.9x0.2x
Wed, 02 Apr 2025HK$533.3bHK$2.5tHK$51.3b11.9x10.4x0.2x
Fri, 28 Feb 2025HK$558.7bHK$2.5tHK$56.9b12.9x9.8x0.2x
Sun, 26 Jan 2025HK$537.5bHK$2.5tHK$57.2b10.9x9.4x0.2x
Tue, 24 Dec 2024HK$565.1bHK$2.5tHK$56.7b11x10x0.2x
Thu, 21 Nov 2024HK$568.6bHK$2.5tHK$57.4b10.2x9.9x0.2x
Sat, 19 Oct 2024HK$567.5bHK$2.6tHK$56.2b9.4x10.1x0.2x
Mon, 16 Sep 2024HK$467.8bHK$2.6tHK$56.2b8.8x8.3x0.2x
Wed, 14 Aug 2024HK$522.1bHK$2.6tHK$65.7b8.6x7.9x0.2x
Fri, 12 Jul 2024HK$515.0bHK$2.6tHK$65.0b9.1x7.9x0.2x
Sun, 09 Jun 2024HK$531.5bHK$2.6tHK$65.1b8.1x8.2x0.2x
Tue, 07 May 2024HK$508.2bHK$2.6tHK$65.7b8.8x7.7x0.2x
Thu, 04 Apr 2024HK$505.0bHK$2.6tHK$67.6b7.9x7.5x0.2x
Sat, 02 Mar 2024HK$494.5bHK$2.6tHK$73.6b7.6x6.7x0.2x
Mon, 29 Jan 2024HK$483.3bHK$2.6tHK$74.0b8x6.5x0.2x
Wed, 27 Dec 2023HK$465.1bHK$2.6tHK$73.8b8.4x6.3x0.2x
Fri, 24 Nov 2023HK$481.4bHK$2.6tHK$73.0b9.8x6.6x0.2x
Sun, 22 Oct 2023HK$471.9bHK$2.5tHK$73.1b9x6.5x0.2x
Tue, 19 Sep 2023HK$508.6bHK$2.5tHK$74.1b11.3x6.9x0.2x
Thu, 17 Aug 2023HK$553.5bHK$2.5tHK$73.2b9.9x7.6x0.2x
Sat, 15 Jul 2023HK$574.0bHK$2.5tHK$75.3b10.2x7.6x0.2x
Mon, 12 Jun 2023HK$580.3bHK$2.5tHK$75.4b11x7.7x0.2x
Wed, 10 May 2023HK$585.4bHK$2.6tHK$77.3b11.2x7.6x0.2x
Fri, 07 Apr 2023HK$563.7bHK$2.5tHK$75.2b10.3x7.5x0.2x
Sun, 05 Mar 2023HK$544.2bHK$2.5tHK$74.7b9.8x7.3x0.2x
Price to Earnings Ratio

7.3x


Total Market Cap: HK$544.2bTotal Earnings: HK$74.7bTotal Revenue: HK$2.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Construction Industry Price to Earnings3Y Average 9.2x202420252026
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 13.5x which is higher than its 3-year average PE of 9.2x.
  • 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 16% 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 Market0.50%
Industrials2.36%
Construction2.22%
Construction and Engineering2.22%
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
3996 China Energy EngineeringHK$1.287.6%
+HK$3.8b		29.3%PE5.9x
1800 China Communications ConstructionHK$5.203.0%
+HK$2.4b		1.0%PE3.8x
1618 Metallurgical Corporation of ChinaHK$1.965.9%
+HK$2.3b		21.0%PE17.6x
3311 China State Construction International HoldingsHK$9.824.2%
+HK$2.1b		-19.8%PE5.4x
1757 Affluent Foundation HoldingsHK$11.1511.5%
+HK$1.4b		8,679.5%PE11634.8x

Latest News

3928
HK$11.86
China Next-Gen Commerce and Supply Chain
7D
6.4%
1Y
323.6%
2442
HK$11.00
Easy Smart Group Holdings
7D
-35.9%
1Y
832.2%
586
HK$13.50
China Conch Venture Holdings
7D
2.9%
1Y
94.5%
1800
HK$5.20
China Communications Construction
7D
3.0%
1Y
1.0%

China Communications Construction Company Limited (HKG:1800) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 11
China Communications Construction Company Limited (HKG:1800) Looks Inexpensive But Perhaps Not Attractive Enough
552
HK$4.43
China Communications Services
7D
-2.4%
1Y
-17.4%

552: Special Shareholders Meeting Will Highlight Undervalued Outlook And Governance Decisions

Analysts now assign a modestly lower price target to China Communications Services, citing slightly higher discount rate assumptions and a small adjustment to future P/E expectations, while keeping fair value, revenue growth, and profit margin inputs broadly unchanged. What's in the News China Communications Services has scheduled a Special and Extraordinary Shareholders Meeting for January 22, 2026, at 10:00 China Standard Time, in Fengtai District, Beijing.
2520
HK$1.86
Shanxi Installation Group
7D
-14.3%
1Y
-4.1%

Here's Why Shanxi Installation Group (HKG:2520) Is Weighed Down By Its Debt Load

Feb 10
Here's Why Shanxi Installation Group (HKG:2520) Is Weighed Down By Its Debt Load
3311
HK$9.82
China State Construction International Holdings
7D
4.2%
1Y
-19.8%

China State Construction International Holdings Limited (HKG:3311) Shares Could Be 22% Below Their Intrinsic Value Estimate

Feb 02
China State Construction International Holdings Limited (HKG:3311) Shares Could Be 22% Below Their Intrinsic Value Estimate
9893
HK$1.74
Pizu Group Holdings
7D
-4.9%
1Y
255.1%

Earnings Not Telling The Story For Pizu Group Holdings Limited (HKG:9893) After Shares Rise 36%

Jan 26
Earnings Not Telling The Story For Pizu Group Holdings Limited (HKG:9893) After Shares Rise 36%
1618
HK$1.96
Metallurgical Corporation of China
7D
5.9%
1Y
21.0%

Metallurgical Corporation of China (HKG:1618) Seems To Be Using A Lot Of Debt

Jan 20
Metallurgical Corporation of China (HKG:1618) Seems To Be Using A Lot Of Debt
1783
HK$3.20
Envision Greenwise Holdings
7D
-1.8%
1Y
-21.8%
1757
HK$11.15
Affluent Foundation Holdings
7D
11.5%
1Y
8,679.5%
3996
HK$1.28
China Energy Engineering
7D
7.6%
1Y
29.3%

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

Jan 15
Does China Energy Engineering (HKG:3996) Have A Healthy Balance Sheet?
9979
HK$2.82
Greentown Management Holdings
7D
-3.1%
1Y
-8.1%

Greentown Management Holdings Company Limited's (HKG:9979) Earnings Are Not Doing Enough For Some Investors

Jan 08
Greentown Management Holdings Company Limited's (HKG:9979) Earnings Are Not Doing Enough For Some Investors
2386
HK$7.77
SINOPEC Engineering (Group)
7D
2.2%
1Y
31.5%

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
1735
HK$8.01
Central New Energy Holding Group
7D
-1.0%
1Y
-6.5%
9900
HK$6.10
Hong Kong Zcloud Technology Construction
7D
-14.0%
1Y
270.8%