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Hong Kong (HSI) Construction Materials Industry Analysis

UpdatedNov 21, 2024

DataAggregated Company Financials

Companies17

7D0.3%
3M28.8%
1Y8.2%
YTDn/a

Over the last 7 days, the Construction Materials industry has remained flat, although notably China Resources Building Materials Technology Holdings declined by 3.5%. As for the the longer term, the industry is up 6.6% over the past 12 months. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 21 Nov 2024	HK$217.2b	HK$498.4b	HK$6.8b	32.4x	32.2x	0.4x
Sat, 19 Oct 2024	HK$209.6b	HK$518.8b	HK$5.7b	49.3x	36.6x	0.4x
Mon, 16 Sep 2024	HK$163.5b	HK$521.9b	HK$5.8b	36x	28.3x	0.3x
Wed, 14 Aug 2024	HK$185.1b	HK$534.1b	HK$11.9b	12.7x	15.6x	0.3x
Fri, 12 Jul 2024	HK$196.4b	HK$531.5b	HK$12.5b	13x	15.7x	0.4x
Sun, 09 Jun 2024	HK$196.7b	HK$541.5b	HK$11.9b	13.9x	16.6x	0.4x
Tue, 07 May 2024	HK$192.8b	HK$552.1b	HK$12.8b	13.7x	15x	0.3x
Thu, 04 Apr 2024	HK$201.6b	HK$574.8b	HK$14.9b	12.4x	13.5x	0.4x
Sat, 02 Mar 2024	HK$210.5b	HK$576.7b	HK$17.5b	13x	12x	0.4x
Mon, 29 Jan 2024	HK$202.0b	HK$579.6b	HK$17.6b	11.6x	11.5x	0.3x
Wed, 27 Dec 2023	HK$203.4b	HK$580.3b	HK$17.7b	14.4x	11.5x	0.4x
Fri, 24 Nov 2023	HK$225.3b	HK$579.1b	HK$17.6b	13.7x	12.8x	0.4x
Sun, 22 Oct 2023	HK$219.4b	HK$574.6b	HK$19.4b	9.9x	11.3x	0.4x
Tue, 19 Sep 2023	HK$245.2b	HK$575.8b	HK$19.5b	11.6x	12.6x	0.4x
Thu, 17 Aug 2023	HK$256.5b	HK$587.4b	HK$24.3b	11.5x	10.6x	0.4x
Sat, 15 Jul 2023	HK$249.5b	HK$601.0b	HK$25.6b	9.4x	9.7x	0.4x
Mon, 12 Jun 2023	HK$271.3b	HK$603.7b	HK$25.7b	11x	10.6x	0.4x
Wed, 10 May 2023	HK$300.1b	HK$620.9b	HK$26.5b	11.6x	11.3x	0.5x
Fri, 07 Apr 2023	HK$310.9b	HK$626.9b	HK$33.6b	10.3x	9.3x	0.5x
Sun, 05 Mar 2023	HK$350.8b	HK$668.1b	HK$49.0b	6.8x	7.2x	0.5x
Tue, 31 Jan 2023	HK$333.8b	HK$682.9b	HK$50.4b	6.1x	6.6x	0.5x
Thu, 29 Dec 2022	HK$311.3b	HK$658.1b	HK$48.6b	6.4x	6.4x	0.5x
Sat, 26 Nov 2022	HK$307.8b	HK$644.5b	HK$47.6b	6.3x	6.5x	0.5x
Mon, 24 Oct 2022	HK$289.2b	HK$673.5b	HK$57.6b	5.2x	5x	0.4x
Wed, 21 Sep 2022	HK$323.3b	HK$696.4b	HK$61.0b	5.2x	5.3x	0.5x
Fri, 19 Aug 2022	HK$355.9b	HK$754.5b	HK$71.6b	5.9x	5x	0.5x
Sun, 17 Jul 2022	HK$374.2b	HK$760.6b	HK$74.5b	4.9x	5x	0.5x
Tue, 14 Jun 2022	HK$389.1b	HK$766.2b	HK$74.9b	5x	5.2x	0.5x
Thu, 12 May 2022	HK$432.2b	HK$763.5b	HK$74.7b	5.8x	5.8x	0.6x
Sat, 09 Apr 2022	HK$484.2b	HK$817.3b	HK$80.6b	6.2x	6x	0.6x
Mon, 07 Mar 2022	HK$466.9b	HK$821.8b	HK$80.8b	6.1x	5.8x	0.6x
Wed, 02 Feb 2022	HK$457.3b	HK$815.1b	HK$80.2b	6.1x	5.7x	0.6x
Fri, 31 Dec 2021	HK$448.4b	HK$814.1b	HK$80.1b	5.6x	5.6x	0.6x
Sun, 28 Nov 2021	HK$420.4b	HK$810.7b	HK$80.4b	5.5x	5.2x	0.5x

Price to Earnings Ratio

5.2x

Sun, 28 Nov 2021

Current Industry PE

Investors are optimistic on the Hong Kong Construction Materials industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 31.9x which is higher than its 3-year average PE of 11.0x.

The industry is trading close to its 3-year average PS ratio of 0.45x.

Past Earnings Growth

The earnings for companies in the Construction Materials industry have declined 56% per year over the last three years,
Revenues have also declined 15% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Hong Kong Construction Materials compare with similar industries?


HK Market	0.42%
Materials	0.21%
Basic Materials	0.33%
Construction Materials	0.33%

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
3323 China National Building Material	HK$3.46	8.1% +HK$2.2b	-9.4%	PE32.9x
914 Anhui Conch Cement	HK$21.35	1.4% +HK$1.6b	9.9%	PE14.5x
2233 West China Cement	HK$1.50	17.2% +HK$1.2b	108.3%	PE27.6x
2009 BBMG	HK$0.83	3.8% +HK$320.3m	5.1%	PS0.07x
2450 Huaibei GreenGold Industry Investment	HK$1.74	23.4% +HK$87.1m	180.6%	PE31.9x

Latest News

2233

HK$1.50

West China Cement

17.2%

108.3%

2450

HK$1.74

Huaibei GreenGold Industry Investment

23.4%

180.6%

The Returns On Capital At Huaibei GreenGold Industry Investment (HKG:2450) Don't Inspire Confidence

Nov 20

1323

HK$0.21

Huasheng International Holding

-7.4%

52.1%

HK$0.60

Sunway International Holdings

-6.3%

679.2%

Sunway International Holdings Limited (HKG:58) Stock Rockets 52% As Investors Are Less Pessimistic Than Expected

Nov 14

914

HK$21.35

Anhui Conch Cement

1.4%

9.9%

Analysts Just Made A Major Revision To Their Anhui Conch Cement Company Limited (HKG:914) Revenue Forecasts

Nov 14

2187

HK$0.57

Zhixin Group Holding

7.5%

-55.8%

Zhixin Group Holding Limited's (HKG:2187) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Nov 01

743

HK$2.29

Asia Cement (China) Holdings

0.4%

-3.0%

2009

HK$0.83

BBMG

3.8%

5.1%

3323

HK$3.46

China National Building Material

8.1%

-9.4%

Earnings Update: China National Building Material Company Limited (HKG:3323) Just Reported Its Half-Yearly Results And Analysts Are Updating Their Forecasts

Oct 29

1313

HK$1.88

China Resources Building Materials Technology Holdings

-1.1%

-3.6%

China Resources Building Materials Technology Holdings Limited Just Missed Revenue By 12%: Here's What Analysts Think Will Happen Next

Oct 28

691

HK$0.48

China Shanshui Cement Group

-5.9%

-20.0%

Optimistic Investors Push China Shanshui Cement Group Limited (HKG:691) Shares Up 26% But Growth Is Lacking

Oct 18

695

HK$1.73

Dongwu Cement International

-0.6%

-42.7%

Is Dongwu Cement International (HKG:695) Using Debt In A Risky Way?

Oct 10

366

HK$0.80

Luks Group (Vietnam Holdings)

-1.2%

-15.8%

8427

HK$5.30

WS-SK Target Group

1.1%

386.2%

Hong Kong (HSI) Construction Materials Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 17%

The Returns On Capital At Huaibei GreenGold Industry Investment (HKG:2450) Don't Inspire Confidence

Huasheng International Holding Limited to Report First Half, 2025 Results on Nov 29, 2024

Sunway International Holdings Limited (HKG:58) Stock Rockets 52% As Investors Are Less Pessimistic Than Expected

Analysts Just Made A Major Revision To Their Anhui Conch Cement Company Limited (HKG:914) Revenue Forecasts

Zhixin Group Holding Limited's (HKG:2187) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Third quarter 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.051 loss in 3Q 2023)

Third quarter 2024 earnings released: EPS: CN¥0.085 (vs CN¥0.002 loss in 3Q 2023)

Earnings Update: China National Building Material Company Limited (HKG:3323) Just Reported Its Half-Yearly Results And Analysts Are Updating Their Forecasts

China Resources Building Materials Technology Holdings Limited Just Missed Revenue By 12%: Here's What Analysts Think Will Happen Next

Optimistic Investors Push China Shanshui Cement Group Limited (HKG:691) Shares Up 26% But Growth Is Lacking

Is Dongwu Cement International (HKG:695) Using Debt In A Risky Way?

Upcoming dividend of HK$0.02 per share

SK Target Group Limited, Annual General Meeting, Sep 27, 2024