Declared Dividend • Jun 15
Dividend of CN¥0.17 announced Shareholders will receive a dividend of CN¥0.17. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 5.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 30
Anhui Construction Engineering Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Anhui Construction Engineering Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Reported Earnings • Mar 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.80 (up from CN¥0.78 in FY 2024). Revenue: CN¥83.2b (down 14% from FY 2024). Net income: CN¥1.53b (up 14% from FY 2024). Profit margin: 1.8% (up from 1.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year. Announcement • Mar 28
Anhui Construction Engineering Group Co., Ltd., Annual General Meeting, Apr 24, 2026 Anhui Construction Engineering Group Co., Ltd., Annual General Meeting, Apr 24, 2026, at 10:00 China Standard Time. Location: No. 459, Huangshan Road, Hefei, Anhui China Announcement • Dec 26
Anhui Construction Engineering Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Anhui Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.20 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.20 in 3Q 2024). Revenue: CN¥14.8b (down 28% from 3Q 2024). Net income: CN¥255.9m (down 27% from 3Q 2024). Profit margin: 1.7% (in line with 3Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Announcement • Sep 30
Anhui Construction Engineering Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Anhui Construction Engineering Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.18 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.18 in 2Q 2024). Revenue: CN¥15.6b (down 22% from 2Q 2024). Net income: CN¥241.7m (down 20% from 2Q 2024). Profit margin: 1.5% (in line with 2Q 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jun 30
Anhui Construction Engineering Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Anhui Construction Engineering Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Board Change • May 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ming Quan Sheng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Anhui Construction Engineering Group Co., Ltd., Annual General Meeting, May 16, 2025 Anhui Construction Engineering Group Co., Ltd., Annual General Meeting, May 16, 2025, at 09:00 China Standard Time. Location: No. 459, Huangshan Road, Hefei, Anhui China Reported Earnings • Mar 30
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.78 (down from CN¥0.91 in FY 2023). Revenue: CN¥96.5b (up 5.8% from FY 2023). Net income: CN¥1.34b (down 13% from FY 2023). Profit margin: 1.4% (down from 1.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Mar 28
Anhui Construction Engineering Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Anhui Construction Engineering Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
Anhui Construction Engineering Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Anhui Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.24 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.24 in 3Q 2023). Revenue: CN¥20.5b (down 8.7% from 3Q 2023). Net income: CN¥349.1m (down 14% from 3Q 2023). Profit margin: 1.7% (in line with 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year. Announcement • Sep 30
Anhui Construction Engineering Group Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Anhui Construction Engineering Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥4.86, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 44% over the past three years. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.18 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (in line with 2Q 2023). Revenue: CN¥19.9b (down 6.5% from 2Q 2023). Net income: CN¥302.7m (down 1.7% from 2Q 2023). Profit margin: 1.5% (up from 1.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Anhui Construction Engineering Group Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Anhui Construction Engineering Group Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • Jun 21
Dividend increased to CN¥0.26 Dividend of CN¥0.26 is 4.0% higher than last year. Ex-date: 25th June 2024 Payment date: 25th June 2024 Dividend yield will be 5.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.20 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.20 in 1Q 2023). Revenue: CN¥13.5b (down 16% from 1Q 2023). Net income: CN¥310.2m (down 11% from 1Q 2023). Profit margin: 2.3% (up from 2.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 27
Anhui Construction Engineering Group Co., Ltd., Annual General Meeting, May 17, 2024 Anhui Construction Engineering Group Co., Ltd., Annual General Meeting, May 17, 2024, at 10:00 China Standard Time. Location: No. 459, Huangshan Road, Hefei, Anhui China Announcement • Mar 29
Anhui Construction Engineering Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Anhui Construction Engineering Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Mar 27
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: CN¥0.91 (up from CN¥0.80 in FY 2022). Revenue: CN¥91.2b (up 14% from FY 2022). Net income: CN¥1.55b (up 13% from FY 2022). Profit margin: 1.7% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Dec 30
Anhui Construction Engineering Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024 Anhui Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2023 results on Mar 27, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.18 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.24 (up from CN¥0.18 in 3Q 2022). Revenue: CN¥22.5b (up 11% from 3Q 2022). Net income: CN¥407.9m (up 32% from 3Q 2022). Profit margin: 1.8% (up from 1.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Anhui Construction Engineering Group Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Anhui Construction Engineering Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.18 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.18 (in line with 2Q 2022). Revenue: CN¥21.3b (up 11% from 2Q 2022). Net income: CN¥306.9m (flat on 2Q 2022). Profit margin: 1.4% (down from 1.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: CN¥0.80 (up from CN¥0.64 in FY 2021). Revenue: CN¥80.1b (up 12% from FY 2021). Net income: CN¥1.38b (up 26% from FY 2021). Profit margin: 1.7% (up from 1.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 16
Price target decreased to CN¥7.03 Down from CN¥9.34, the current price target is provided by 1 analyst. New target price is 37% above last closing price of CN¥5.14. Stock is up 36% over the past year. The company is forecast to post earnings per share of CN¥0.76 for next year compared to CN¥0.64 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥20.2b (up 12% from 3Q 2021). Net income: CN¥308.6m (up 5.9% from 3Q 2021). Profit margin: 1.5% (down from 1.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.16 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.16 in 2Q 2021). Revenue: CN¥19.2b (up 9.2% from 2Q 2021). Net income: CN¥308.5m (up 8.1% from 2Q 2021). Profit margin: 1.6% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 31%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥7.01, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 70% over the past three years. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.17 in 1Q 2021). Revenue: CN¥14.5b (up 3.0% from 1Q 2021). Net income: CN¥312.2m (up 7.2% from 1Q 2021). Profit margin: 2.1% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 28%, compared to a 16% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥6.28, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Construction industry in China. Total returns to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥6.22, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 36% over the past three years. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: CN¥0.64 (vs CN¥0.47 in FY 2020) Full year 2021 results: EPS: CN¥0.64 (up from CN¥0.47 in FY 2020). Revenue: CN¥71.3b (up 25% from FY 2020). Net income: CN¥1.10b (up 34% from FY 2020). Profit margin: 1.5% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥4.50, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 23x in the Construction industry in China. Total returns to shareholders of 18% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.07 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥18.1b (up 25% from 3Q 2020). Net income: CN¥291.5m (up 167% from 3Q 2020). Profit margin: 1.6% (up from 0.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.22 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥17.5b (up 3.3% from 2Q 2020). Net income: CN¥285.5m (down 29% from 2Q 2020). Profit margin: 1.6% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.22 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥17.5b (up 3.3% from 2Q 2020). Net income: CN¥308.4m (down 23% from 2Q 2020). Profit margin: 1.8% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.04 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥14.1b (up 113% from 1Q 2020). Net income: CN¥291.1m (up 339% from 1Q 2020). Profit margin: 2.1% (up from 1.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS CN¥0.47 (vs CN¥0.35 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥57.0b (up 21% from FY 2019). Net income: CN¥815.8m (up 37% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Is New 90 Day High Low • Mar 15
New 90-day high: CN¥3.92 The company is up 2.0% from a price of CN¥3.85 on 15 December 2020. Outperformed the Chinese market which is flat over the last 90 days. Exceeded the Construction industry, which is flat over the same period. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥3.60 The company is down 8.0% from its price of CN¥3.91 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Construction industry, which is also down 8.0% over the same period. Announcement • Jan 22
Anhui Construction Engineering Group Co., Ltd. to Report Fiscal Year 2020 Results on Mar 24, 2021 Anhui Construction Engineering Group Co., Ltd. announced that they will report fiscal year 2020 results on Mar 24, 2021 Is New 90 Day High Low • Jan 11
New 90-day low: CN¥3.65 The company is down 17% from its price of CN¥4.38 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 8.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥3.84 The company is down 12% from its price of CN¥4.37 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥3.91 The company is down 16% from its price of CN¥4.64 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 3.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥643.0m, down 28% from the prior year. Total revenue was CN¥55.9b over the last 12 months, up 32% from the prior year. Announcement • Jul 10
Anhui Construction Engineering Group Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Anhui Construction Engineering Group Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020