Hong Kong (HSI) Construction Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 11 Jun 2026	HK$595.7b	HK$2.5t	HK$43.2b	11.5x	13.8x	0.2x
Sat, 09 May 2026	HK$639.5b	HK$2.5t	HK$43.0b	13.2x	14.9x	0.3x
Mon, 06 Apr 2026	HK$602.1b	HK$2.5t	HK$45.5b	12.4x	13.2x	0.2x
Wed, 04 Mar 2026	HK$610.5b	HK$2.6t	HK$44.7b	11.3x	13.7x	0.2x
Fri, 30 Jan 2026	HK$607.9b	HK$2.5t	HK$44.4b	10.9x	13.7x	0.2x
Sun, 28 Dec 2025	HK$575.5b	HK$2.5t	HK$43.7b	10.9x	13.2x	0.2x
Tue, 25 Nov 2025	HK$575.7b	HK$2.5t	HK$42.9b	10.8x	13.4x	0.2x
Thu, 23 Oct 2025	HK$594.1b	HK$2.5t	HK$46.8b	11x	12.7x	0.2x
Sat, 20 Sep 2025	HK$580.7b	HK$2.5t	HK$47.8b	10.9x	12.2x	0.2x
Mon, 18 Aug 2025	HK$584.5b	HK$2.5t	HK$49.4b	12.3x	11.8x	0.2x
Wed, 16 Jul 2025	HK$562.6b	HK$2.5t	HK$49.6b	10.1x	11.3x	0.2x
Fri, 13 Jun 2025	HK$547.2b	HK$2.5t	HK$49.6b	12.2x	11x	0.2x
Sun, 11 May 2025	HK$539.4b	HK$2.5t	HK$48.8b	11.8x	11.1x	0.2x
Tue, 08 Apr 2025	HK$498.3b	HK$2.5t	HK$50.9b	11.7x	9.8x	0.2x
Thu, 06 Mar 2025	HK$550.6b	HK$2.5t	HK$56.9b	12.1x	9.7x	0.2x
Sat, 01 Feb 2025	HK$540.4b	HK$2.5t	HK$57.1b	11.4x	9.5x	0.2x
Mon, 30 Dec 2024	HK$569.6b	HK$2.5t	HK$56.7b	10.8x	10.1x	0.2x
Wed, 27 Nov 2024	HK$547.8b	HK$2.5t	HK$57.4b	9.7x	9.5x	0.2x
Fri, 25 Oct 2024	HK$567.0b	HK$2.6t	HK$56.1b	9.9x	10.1x	0.2x
Sun, 22 Sep 2024	HK$476.8b	HK$2.6t	HK$56.4b	9.4x	8.5x	0.2x
Tue, 20 Aug 2024	HK$530.4b	HK$2.6t	HK$66.0b	8.6x	8x	0.2x
Thu, 18 Jul 2024	HK$508.2b	HK$2.6t	HK$65.0b	8.7x	7.8x	0.2x
Sat, 15 Jun 2024	HK$519.6b	HK$2.6t	HK$65.0b	8.5x	8x	0.2x
Mon, 13 May 2024	HK$518.2b	HK$2.6t	HK$65.6b	9.3x	7.9x	0.2x
Wed, 10 Apr 2024	HK$500.5b	HK$2.6t	HK$67.6b	8.4x	7.4x	0.2x
Fri, 08 Mar 2024	HK$489.8b	HK$2.6t	HK$73.6b	7.4x	6.7x	0.2x
Sun, 04 Feb 2024	HK$472.9b	HK$2.6t	HK$73.6b	7.7x	6.4x	0.2x
Tue, 02 Jan 2024	HK$475.4b	HK$2.6t	HK$74.4b	8.3x	6.4x	0.2x
Thu, 30 Nov 2023	HK$470.7b	HK$2.6t	HK$73.8b	9.1x	6.4x	0.2x
Sat, 28 Oct 2023	HK$481.8b	HK$2.5t	HK$74.0b	8.8x	6.5x	0.2x
Mon, 25 Sep 2023	HK$507.4b	HK$2.5t	HK$74.0b	11.4x	6.9x	0.2x
Wed, 23 Aug 2023	HK$545.5b	HK$2.5t	HK$69.8b	10.3x	7.8x	0.2x
Fri, 21 Jul 2023	HK$557.2b	HK$2.5t	HK$75.0b	10.6x	7.4x	0.2x
Sun, 18 Jun 2023	HK$584.7b	HK$2.5t	HK$75.4b	10.5x	7.8x	0.2x

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 13.9x which is higher than its 3-year average PE of 9.8x.

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 industry have declined 17% 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 Market	-3.25%
Industrials	-5.64%
Construction	-4.21%
Construction and Engineering	-4.21%

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
9900 Hong Kong Zcloud Technology Construction	HK$6.65	5.4% +HK$1.0b	387.2%	PE1110.4x
552 China Communications Services	HK$4.33	1.6% +HK$484.8m	-6.5%	PE7.2x
368 Superland Group Holdings	HK$2.00	30.7% +HK$376.0m	627.3%	PE71.8x
1903 JBB Builders International	HK$2.76	34.0% +HK$350.0m	140.0%	PS1.8x
1865 Pengo Holdings Group	HK$0.49	23.8% +HK$106.8m	73.7%	PS1.6x

Company

Last Price

Valuation

9900 Hong Kong Zcloud Technology Construction

HK$6.65

5.4%
+HK$1.0b

387.2%

PE1110.4x

552 China Communications Services

HK$4.33

1.6%
+HK$484.8m

-6.5%

PE7.2x

368 Superland Group Holdings

HK$2.00

30.7%
+HK$376.0m

627.3%

PE71.8x

1903 JBB Builders International

HK$2.76

34.0%
+HK$350.0m

140.0%

PS1.8x

1865 Pengo Holdings Group

HK$0.49

23.8%
+HK$106.8m

73.7%

PS1.6x

China Communications Services Corporation Limited Announces Changes to Its Board, Effective May 28, 2026

China Communications Services Corporation Limited announced that Mr. Gui Xiaoqing had been appointed as the Company’s Executive Vice President, with effect from May 28, 2026. On the same day, Mr. Zhao Xu ceased to serve as the Company’s Executive Vice President due to work adjustments. Mr. Gui Xiaoqing, aged 55, is a senior engineer and obtained a bachelor’s degree in electrical automation from Wuhan University of Technology in 1993 and a master’s degree in business administration from Jiangxi University of Finance and Economics in 2006. Mr. Gui joined the Company in 2007 and used to serve as Divisional Director of the Operator Business Department of the Marketing Department, the Divisional Director of the Domestic Non-telecom Operator Business Department, as well as the Director and General Manager of Hainan Communications Services Company Ltd., a subsidiary of the Group. Prior to joining the Company, Mr. Gui worked in the Xinyu Branch of Jiangxi Telecom and the Government and Enterprise Customers Department of China Telecommunications Corporation. Mr. Gui has over 30 years of management experience in the telecommunications industry.

Hong Kong (HSI) Construction Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

China Hongbao Holdings Limited Provides Earnings Guidance for the Year Ended March 31, 2026

Investor sentiment improves as stock rises 31%

Dividend of CN¥0.031 announced

Metallurgical Corporation of China Ltd., Annual General Meeting, Jun 29, 2026

Pengo Holdings Group Limited Announces Resignation of Liu Jianfu from Executive Director, Effective June 3, 2026

Global Chinese Business Club to Report Fiscal Year 2026 Results on Jun 29, 2026

Shanxi Installation Group Co., Ltd., Annual General Meeting, Jun 26, 2026

Upcoming dividend of CN¥0.20 per share

China Communications Services Corporation Limited Announces Changes to Its Board, Effective May 28, 2026

China Communications Construction Company Limited, Annual General Meeting, Jun 18, 2026

New minor risk - Share price stability

Tysan Holdings Limited Approves Final Dividend in Respect of the Year Ended 31 December 2025

New minor risk - Share price stability

Full year 2025 earnings released: EPS: HK$0.008 (vs HK$0.025 in FY 2024)

First half 2026 earnings released: EPS: RM0 (vs RM0.003 in 1H 2025)

Less than half of directors are independent