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Hong Kong (HSI) Construction Industry Analysis

UpdatedMar 30, 2026
DataAggregated Company Financials
Companies150
  • 7D-1.3%
  • 3M3.2%
  • 1Y13.7%
  • YTD2.1%

Over the last 7 days, the Construction industry has dropped 1.3%, driven by China Communications Construction declining 4.0%. On the other hand Easy Smart Group Holdings is actually up 28%. In the past year, the industry has gained 14%. Looking forward, 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
Mon, 30 Mar 2026HK$615.7bHK$2.6tHK$47.7b11.6x12.9x0.2x
Wed, 25 Feb 2026HK$608.4bHK$2.6tHK$45.0b11.2x13.5x0.2x
Fri, 23 Jan 2026HK$596.8bHK$2.5tHK$44.2b10.7x13.5x0.2x
Sun, 21 Dec 2025HK$567.3bHK$2.5tHK$43.5b10.7x13x0.2x
Tue, 18 Nov 2025HK$598.7bHK$2.5tHK$42.8b11.1x14x0.2x
Thu, 16 Oct 2025HK$596.4bHK$2.5tHK$46.6b11x12.8x0.2x
Sat, 13 Sep 2025HK$588.5bHK$2.5tHK$47.8b10.9x12.3x0.2x
Mon, 11 Aug 2025HK$582.8bHK$2.5tHK$49.4b11.5x11.8x0.2x
Wed, 09 Jul 2025HK$547.4bHK$2.5tHK$49.6b9.7x11x0.2x
Fri, 06 Jun 2025HK$540.2bHK$2.5tHK$49.6b11.4x10.9x0.2x
Sun, 04 May 2025HK$530.3bHK$2.5tHK$48.5b11.4x10.9x0.2x
Tue, 01 Apr 2025HK$524.9bHK$2.5tHK$54.1b11.9x9.7x0.2x
Thu, 27 Feb 2025HK$560.4bHK$2.5tHK$56.9b12.7x9.8x0.2x
Sat, 25 Jan 2025HK$536.0bHK$2.5tHK$57.2b10.9x9.4x0.2x
Mon, 23 Dec 2024HK$561.6bHK$2.5tHK$56.8b11.1x9.9x0.2x
Wed, 20 Nov 2024HK$568.5bHK$2.5tHK$57.4b9.9x9.9x0.2x
Fri, 18 Oct 2024HK$554.7bHK$2.6tHK$56.1b9.4x9.9x0.2x
Sun, 15 Sep 2024HK$467.8bHK$2.6tHK$56.2b8.8x8.3x0.2x
Tue, 13 Aug 2024HK$519.8bHK$2.6tHK$65.7b8.9x7.9x0.2x
Thu, 11 Jul 2024HK$510.7bHK$2.6tHK$64.9b9x7.9x0.2x
Sat, 08 Jun 2024HK$531.8bHK$2.6tHK$65.1b8.2x8.2x0.2x
Mon, 06 May 2024HK$503.2bHK$2.6tHK$65.5b8.8x7.7x0.2x
Wed, 03 Apr 2024HK$503.0bHK$2.6tHK$67.6b8.2x7.4x0.2x
Fri, 01 Mar 2024HK$494.3bHK$2.6tHK$73.7b7.6x6.7x0.2x
Sun, 28 Jan 2024HK$483.3bHK$2.6tHK$74.0b8x6.5x0.2x
Tue, 26 Dec 2023HK$465.1bHK$2.6tHK$73.8b8.4x6.3x0.2x
Thu, 23 Nov 2023HK$480.6bHK$2.6tHK$72.8b9.6x6.6x0.2x
Sat, 21 Oct 2023HK$472.0bHK$2.5tHK$73.0b9x6.5x0.2x
Mon, 18 Sep 2023HK$513.3bHK$2.5tHK$74.3b10.6x6.9x0.2x
Wed, 16 Aug 2023HK$561.4bHK$2.5tHK$74.1b10x7.6x0.2x
Fri, 14 Jul 2023HK$571.8bHK$2.5tHK$75.1b10.3x7.6x0.2x
Sun, 11 Jun 2023HK$580.3bHK$2.5tHK$75.4b11x7.7x0.2x
Tue, 09 May 2023HK$603.2bHK$2.6tHK$77.4b11.4x7.8x0.2x
Thu, 06 Apr 2023HK$567.2bHK$2.5tHK$75.1b10.5x7.6x0.2x
Price to Earnings Ratio

7.6x


Total Market Cap: HK$567.2bTotal Earnings: HK$75.1bTotal Revenue: HK$2.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Construction Industry Price to Earnings3Y Average 9.4x202420252026
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 12.9x which is higher than its 3-year average PE of 9.4x.
  • 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 14% 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-1.33%
Industrials-1.47%
Construction-1.29%
Construction and Engineering-1.29%
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
2442 Easy Smart Group HoldingsHK$24.8027.8%
+HK$2.2b		1,966.7%PS37.5x
586 China Conch Venture HoldingsHK$11.958.6%
+HK$1.7b		51.8%PE8.4x
1757 Global Chinese Business ClubHK$19.294.6%
+HK$1.0b		19,190.0%PE20128.7x
3928 China Next-Gen Commerce and Supply ChainHK$16.497.8%
+HK$595.2m		539.1%PS21.8x
9900 Hong Kong Zcloud Technology ConstructionHK$4.394.5%
+HK$565.4m		149.4%PE733.1x

Latest News

3996
HK$1.31
China Energy Engineering
7D
-1.5%
1Y
26.0%
3311
HK$8.49
China State Construction International Holdings
7D
-4.3%
1Y
-18.2%

China State Construction International Holdings Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Mar 29
China State Construction International Holdings Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
552
HK$4.17
China Communications Services
7D
-2.8%
1Y
-4.1%

552: Board Review Of Final Results Will Support Undervalued And Stable Earnings Outlook

Analysts have trimmed their price target on China Communications Services to HK$5.09 from HK$5.19, reflecting updated views on fair value, discount rate assumptions, revenue growth, profit margin outlook and future P/E expectations. What's in the News Board meeting scheduled for March 31, 2026, to review and approve the final results of China Communications Services and its subsidiaries for the year ended December 31, 2025 (Key Developments).
586
HK$11.95
China Conch Venture Holdings
7D
8.6%
1Y
51.8%
2535
HK$0.91
WK Group (Holdings)
7D
-10.8%
1Y
56.9%
9929
HK$0.95
SEM Holdings
7D
26.7%
1Y
1,297.1%
1799
HK$5.75
Xinte Energy
7D
-5.7%
1Y
11.7%
9900
HK$4.39
Hong Kong Zcloud Technology Construction
7D
4.5%
1Y
149.4%
2386
HK$6.05
SINOPEC Engineering (Group)
7D
-5.5%
1Y
7.5%
1953
HK$0.65
Rimbaco Group Global
7D
54.8%
1Y
598.9%
3928
HK$16.49
China Next-Gen Commerce and Supply Chain
7D
7.8%
1Y
539.1%
2442
HK$24.80
Easy Smart Group Holdings
7D
27.8%
1Y
1,966.7%
1800
HK$4.74
China Communications Construction
7D
-4.0%
1Y
-4.6%

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
9893
HK$1.70
Pizu Group Holdings
7D
7.6%
1Y
214.8%

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$1.69
Metallurgical Corporation of China
7D
-2.9%
1Y
4.3%

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
1757
HK$19.29
Global Chinese Business Club
7D
4.6%
1Y
19,190.0%