SEHK:939
SEHK:939Banks

China Construction Bank (SEHK:939) Net Margin Hits 54.7%, Reinforcing Value Narrative Despite Modest Growth

China Construction Bank (SEHK:939) has posted solid results with net profit margins reaching 54.7%, edging up from last year’s 54.2%. While earnings growth over the past year came in at 0.7%, below the five-year average of 4.6% per year, revenue is projected to rise at a robust 10.4% annually, beating the broader Hong Kong market’s 8.7% forecast. The earnings outlook for the next few years is more modest, with growth expected at 3.7% per year, trailing the Hong Kong average of 12.4%. See our...
SEHK:1171
SEHK:1171Oil and Gas

Yankuang Energy Group (SEHK:1171) Margin Drop Contradicts Resilience Narratives Despite Deep Valuation Discount

Yankuang Energy Group (SEHK:1171) reported a net profit margin of 7.7%, down from 13.2% last year. Over the past five years, annual earnings grew at a modest 2.7%, but the company saw negative earnings growth in the most recent period. While earnings are forecast to grow by 3.8% per year over the next three years, revenue is expected to decline by 0.8% per year. This leaves the projected growth rate notably slower than the Hong Kong market average of 12.4% per year. Investors should also note...
SEHK:1339
SEHK:1339Insurance

PICC (SEHK:1339) Profit Margin Beats Expectations, Challenging Concerns Over Earnings Quality

People's Insurance Company (Group) of China (SEHK:1339) delivered notable earnings growth, with profits rising by 17.9% per year over the past five years and surging 38% in the most recent year compared to its five-year average. Net profit margins improved to 8.4%, up from 7.1% last year, positioning the company with high quality earnings. Despite these gains, forecasts suggest earnings are set to decline by 3.4% annually over the next three years. Revenue is expected to grow at a slower pace...