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Hong Kong (HSI) Construction Industry Analysis

UpdatedOct 07, 2025
DataAggregated Company Financials
Companies145
  • 7D3.3%
  • 3M11.9%
  • 1Y1.6%
  • YTD13.0%

In the last week, the Construction industry is up 3.3%, with Metallurgical Corporation of China up 13%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Oct 2025HK$590.1bHK$2.5tHK$46.6b10.5x12.7x0.2x
Fri, 05 Sep 2025HK$573.2bHK$2.5tHK$47.7b10.5x12x0.2x
Sun, 03 Aug 2025HK$574.2bHK$2.5tHK$49.2b11x11.7x0.2x
Tue, 01 Jul 2025HK$543.2bHK$2.5tHK$50.0b11.3x10.9x0.2x
Thu, 29 May 2025HK$536.8bHK$2.5tHK$49.4b11.7x10.9x0.2x
Sat, 26 Apr 2025HK$528.0bHK$2.5tHK$50.4b11.6x10.5x0.2x
Mon, 24 Mar 2025HK$546.9bHK$2.5tHK$56.8b11.3x9.6x0.2x
Wed, 19 Feb 2025HK$548.1bHK$2.5tHK$56.8b11.5x9.6x0.2x
Fri, 17 Jan 2025HK$539.3bHK$2.5tHK$56.6b11.2x9.5x0.2x
Sun, 15 Dec 2024HK$564.6bHK$2.5tHK$56.9b11.4x9.9x0.2x
Tue, 12 Nov 2024HK$581.3bHK$2.5tHK$57.7b9.5x10.1x0.2x
Thu, 10 Oct 2024HK$542.6bHK$2.6tHK$56.3b10x9.6x0.2x
Sat, 07 Sep 2024HK$483.8bHK$2.6tHK$56.8b8.8x8.5x0.2x
Mon, 05 Aug 2024HK$518.3bHK$2.6tHK$65.9b8.3x7.9x0.2x
Wed, 03 Jul 2024HK$527.1bHK$2.6tHK$65.0b9.4x8.1x0.2x
Fri, 31 May 2024HK$529.8bHK$2.6tHK$65.3b8.5x8.1x0.2x
Sun, 28 Apr 2024HK$511.0bHK$2.6tHK$65.4b8.7x7.8x0.2x
Tue, 26 Mar 2024HK$493.7bHK$2.6tHK$74.5b7.4x6.6x0.2x
Thu, 22 Feb 2024HK$495.9bHK$2.6tHK$73.7b7.4x6.7x0.2x
Sat, 20 Jan 2024HK$447.6bHK$2.6tHK$74.3b8x6x0.2x
Mon, 18 Dec 2023HK$471.8bHK$2.6tHK$73.9b8.3x6.4x0.2x
Wed, 15 Nov 2023HK$476.8bHK$2.5tHK$71.7b8.9x6.6x0.2x
Fri, 13 Oct 2023HK$495.8bHK$2.5tHK$73.2b9.3x6.8x0.2x
Sun, 10 Sep 2023HK$514.6bHK$2.5tHK$73.8b10.6x7x0.2x
Tue, 08 Aug 2023HK$572.0bHK$2.5tHK$74.8b10.3x7.6x0.2x
Thu, 06 Jul 2023HK$568.6bHK$2.5tHK$74.3b11.1x7.7x0.2x
Sat, 03 Jun 2023HK$573.8bHK$2.5tHK$76.0b11x7.6x0.2x
Mon, 01 May 2023HK$592.4bHK$2.6tHK$77.2b11.9x7.7x0.2x
Wed, 29 Mar 2023HK$548.9bHK$2.5tHK$74.8b9.6x7.3x0.2x
Fri, 24 Feb 2023HK$508.4bHK$2.5tHK$70.2b9.7x7.2x0.2x
Sun, 22 Jan 2023HK$507.3bHK$2.5tHK$71.1b9.1x7.1x0.2x
Tue, 20 Dec 2022HK$470.1bHK$2.4tHK$69.1b9.1x6.8x0.2x
Thu, 17 Nov 2022HK$446.4bHK$2.4tHK$69.4b9.2x6.4x0.2x
Sat, 15 Oct 2022HK$434.8bHK$2.3tHK$67.9b10.7x6.4x0.2x
Price to Earnings Ratio

6.4x


Total Market Cap: HK$434.8bTotal Earnings: HK$67.9bTotal Revenue: HK$2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Construction Industry Price to Earnings3Y Average 8.4x202320242025
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 12.7x which is higher than its 3-year average PE of 8.4x.
  • 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 declined 12% 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 Market0.89%
Industrials0.93%
Construction3.26%
Construction and Engineering3.26%
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$3.6033.8%
+HK$2.7b		1,376.9%PE345x
1618 Metallurgical Corporation of ChinaHK$2.782.6%
+HK$1.5b		65.5%PE12.1x
1735 Central New Energy Holding GroupHK$8.923.4%
+HK$1.2b		6.7%PE423.1x
1783 Envision Greenwise HoldingsHK$4.1310.1%
+HK$1.1b		52.1%PS13.1x
3996 China Energy EngineeringHK$1.211.7%
+HK$833.8m		15.2%PE5.5x

Latest News

3311
HK$9.80
China State Construction International Holdings
7D
-1.1%
1Y
-17.9%

Returns Are Gaining Momentum At China State Construction International Holdings (HKG:3311)

Oct 07
Returns Are Gaining Momentum At China State Construction International Holdings (HKG:3311)
611
HK$0.66
China Nuclear Energy Technology
7D
36.1%
1Y
26.9%

Little Excitement Around China Nuclear Energy Technology Corporation Limited's (HKG:611) Earnings

Oct 02
Little Excitement Around China Nuclear Energy Technology Corporation Limited's (HKG:611) Earnings
3996
HK$1.21
China Energy Engineering
7D
1.7%
1Y
15.2%

China Energy Engineering (HKG:3996) Use Of Debt Could Be Considered Risky

Sep 30
China Energy Engineering (HKG:3996) Use Of Debt Could Be Considered Risky
1800
HK$5.12
China Communications Construction
7D
-0.8%
1Y
-0.2%

Why Investors Shouldn't Be Surprised By China Communications Construction Company Limited's (HKG:1800) Low P/E

Sep 30
Why Investors Shouldn't Be Surprised By China Communications Construction Company Limited's (HKG:1800) Low P/E
1618
HK$2.78
Metallurgical Corporation of China
7D
2.6%
1Y
65.5%
1735
HK$8.92
Central New Energy Holding Group
7D
3.4%
1Y
6.7%

We Think Central New Energy Holding Group (HKG:1735) Has A Fair Chunk Of Debt

Sep 29
We Think Central New Energy Holding Group (HKG:1735) Has A Fair Chunk Of Debt
2386
HK$6.63
SINOPEC Engineering (Group)
7D
-1.9%
1Y
20.3%

SINOPEC Engineering (Group) (HKG:2386) Seems To Use Debt Rather Sparingly

Sep 29
SINOPEC Engineering (Group) (HKG:2386) Seems To Use Debt Rather Sparingly
9979
HK$3.06
Greentown Management Holdings
7D
-3.2%
1Y
-19.9%
6829
HK$1.88
Dragon Rise Group Holdings
7D
70.9%
1Y
276.0%

Here's Why Shareholders May Consider Paying Dragon Rise Group Holdings Limited's (HKG:6829) CEO A Little More

Sep 22
Here's Why Shareholders May Consider Paying Dragon Rise Group Holdings Limited's (HKG:6829) CEO A Little More
1799
HK$8.74
Xinte Energy
7D
5.7%
1Y
5.9%

Further Upside For Xinte Energy Co., Ltd. (HKG:1799) Shares Could Introduce Price Risks After 34% Bounce

Sep 05
Further Upside For Xinte Energy Co., Ltd. (HKG:1799) Shares Could Introduce Price Risks After 34% Bounce
8021
HK$0.019
WLS Holdings
7D
-17.4%
1Y
-32.1%

Would WLS Holdings (HKG:8021) Be Better Off With Less Debt?

Sep 05
Would WLS Holdings (HKG:8021) Be Better Off With Less Debt?
9900
HK$3.60
Hong Kong Zcloud Technology Construction
7D
33.8%
1Y
1,376.9%
1783
HK$4.13
Envision Greenwise Holdings
7D
10.1%
1Y
52.1%

Envision Greenwise Holdings Limited's (HKG:1783) Popularity With Investors Is Under Threat From Overpricing

Aug 29
Envision Greenwise Holdings Limited's (HKG:1783) Popularity With Investors Is Under Threat From Overpricing
1943
HK$0.93
King's Stone Holdings Group
7D
-6.1%
1Y
52.5%
552
HK$4.50
China Communications Services
7D
-2.2%
1Y
7.1%

Overseas Expansion Into APAC And Latin America Will Strengthen Future Prospects

The upward revision in China Communications Services’ analyst price target is primarily driven by improved consensus revenue growth forecasts, now at 4.2% per annum, alongside a higher future P/E, resulting in a new fair value estimate of HK$4.98. What's in the News The board has proposed amendments to the Articles of Association and Rules of Procedure, including abolishing the supervisory committee in favor of an audit committee, to align with updated PRC Company Law and Hong Kong listing regulations, subject to EGM approval.
3928
HK$4.66
China Next-Gen Commerce and Supply Chain
7D
-4.9%
1Y
23.9%