China Communications Services (HKG:552) Is Increasing Its Dividend To CN¥0.2386
Jun 27
Hong Kong (HSI) Construction Industry Analysis
UpdatedJul 01, 2024
DataAggregated Company Financials
Companies152
- 7D-1.0%
- 3M12.9%
- 1Y-1.7%
- YTD16.6%
Over the last 7 days, the Construction industry has dropped 1.0%, driven by Central New Energy Holding Group declining 3.1%. Meanwhile, China Conch Venture Holdings actually outperformed within the industry, gaining 16% in the last week. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 12% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 01 Jul 2024 | HK$520.8b | HK$2.6t | HK$65.0b | 9.3x | 8x | 0.2x |
| Wed, 29 May 2024 | HK$530.7b | HK$2.6t | HK$65.1b | 8.6x | 8.1x | 0.2x |
| Fri, 26 Apr 2024 | HK$506.0b | HK$2.6t | HK$65.4b | 8.7x | 7.7x | 0.2x |
| Sun, 24 Mar 2024 | HK$493.7b | HK$2.6t | HK$74.3b | 7.2x | 6.6x | 0.2x |
| Tue, 20 Feb 2024 | HK$487.7b | HK$2.6t | HK$73.6b | 7.4x | 6.6x | 0.2x |
| Thu, 18 Jan 2024 | HK$448.5b | HK$2.6t | HK$73.6b | 8.1x | 6.1x | 0.2x |
| Sat, 16 Dec 2023 | HK$472.4b | HK$2.6t | HK$74.1b | 8.3x | 6.4x | 0.2x |
| Mon, 13 Nov 2023 | HK$471.1b | HK$2.6t | HK$73.0b | 8.8x | 6.5x | 0.2x |
| Wed, 11 Oct 2023 | HK$482.1b | HK$2.5t | HK$74.0b | 9.3x | 6.5x | 0.2x |
| Fri, 08 Sep 2023 | HK$516.1b | HK$2.5t | HK$73.9b | 10.6x | 7x | 0.2x |
| Sun, 06 Aug 2023 | HK$578.9b | HK$2.5t | HK$75.0b | 10.2x | 7.7x | 0.2x |
| Tue, 04 Jul 2023 | HK$571.6b | HK$2.5t | HK$74.2b | 11.3x | 7.7x | 0.2x |
| Thu, 01 Jun 2023 | HK$569.9b | HK$2.5t | HK$75.5b | 10.8x | 7.5x | 0.2x |
| Sat, 29 Apr 2023 | HK$592.0b | HK$2.5t | HK$76.2b | 11.9x | 7.8x | 0.2x |
| Mon, 27 Mar 2023 | HK$547.7b | HK$2.5t | HK$74.9b | 9.7x | 7.3x | 0.2x |
| Wed, 22 Feb 2023 | HK$514.1b | HK$2.5t | HK$70.3b | 9.6x | 7.3x | 0.2x |
| Fri, 20 Jan 2023 | HK$493.4b | HK$2.5t | HK$71.1b | 9.2x | 6.9x | 0.2x |
| Sun, 18 Dec 2022 | HK$486.8b | HK$2.4t | HK$69.1b | 9.5x | 7x | 0.2x |
| Tue, 15 Nov 2022 | HK$445.5b | HK$2.4t | HK$68.4b | 9.4x | 6.5x | 0.2x |
| Thu, 13 Oct 2022 | HK$431.7b | HK$2.4t | HK$68.0b | 10.5x | 6.3x | 0.2x |
| Sat, 10 Sep 2022 | HK$513.0b | HK$2.4t | HK$69.8b | 11.2x | 7.3x | 0.2x |
| Mon, 08 Aug 2022 | HK$492.4b | HK$2.4t | HK$66.8b | 11.1x | 7.4x | 0.2x |
| Wed, 06 Jul 2022 | HK$544.9b | HK$2.4t | HK$67.2b | 12.4x | 8.1x | 0.2x |
| Fri, 03 Jun 2022 | HK$560.0b | HK$2.4t | HK$68.1b | 9.9x | 8.2x | 0.2x |
| Sun, 01 May 2022 | HK$563.4b | HK$2.4t | HK$67.7b | 9.5x | 8.3x | 0.2x |
| Tue, 29 Mar 2022 | HK$584.0b | HK$2.5t | HK$77.1b | 8.6x | 7.6x | 0.2x |
| Thu, 24 Feb 2022 | HK$658.6b | HK$2.5t | HK$74.7b | 9.6x | 8.8x | 0.3x |
| Sat, 22 Jan 2022 | HK$620.9b | HK$2.5t | HK$74.4b | 9x | 8.3x | 0.3x |
| Mon, 20 Dec 2021 | HK$598.4b | HK$2.5t | HK$74.1b | 9.2x | 8.1x | 0.2x |
| Wed, 17 Nov 2021 | HK$557.9b | HK$2.5t | HK$73.9b | 9.2x | 7.6x | 0.2x |
| Fri, 15 Oct 2021 | HK$588.4b | HK$2.4t | HK$73.5b | 9.7x | 8x | 0.2x |
| Sun, 12 Sep 2021 | HK$644.2b | HK$2.4t | HK$72.9b | 10.3x | 8.8x | 0.3x |
| Tue, 10 Aug 2021 | HK$513.2b | HK$2.4t | HK$73.6b | 9.2x | 7x | 0.2x |
Price to Earnings Ratio
6.7x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Construction industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.4x.
- 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 4.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.6% per year.
- This means that although more sales are being generated, 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 | -0.99% | |
| Industrials | -1.29% | |
| Construction | -1.04% | |
| Construction and Engineering | -1.04% | |
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 | |
|---|---|---|---|---|---|
| 586 China Conch Venture Holdings | HK$7.28 | 16.1% +HK$1.8b | -29.5% | PE4.9x | |
| 552 China Communications Services | HK$4.21 | 3.2% +HK$900.4m | 14.4% | PE7.6x | |
| 2386 SINOPEC Engineering (Group) | HK$5.40 | 3.1% +HK$687.3m | 53.4% | PE9.5x | |
| 3996 China Energy Engineering | HK$0.86 | 1.2% +HK$416.9m | -13.1% | PE4x | |
| 2520 Shanxi Installation Group | HK$2.20 | 6.3% +HK$178.6m | n/a | PE18.1x |
