| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
3311 Stock Overview
China State Construction International Holdings Limited, an investment holding company, engages in the construction business in Hong Kong, Mainland China, Macau, and internationally.
China State Construction International Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$8.29 |
| 52 Week High | HK$11.14 |
| 52 Week Low | HK$4.72 |
| Beta | 0.92 |
| 1 Month Change | -14.09% |
| 3 Month Change | -18.41% |
| 1 Year Change | 56.12% |
| 3 Year Change | 2.98% |
| 5 Year Change | -36.72% |
| Change since IPO | 3,249.50% |
Recent News & Updates
China State Construction International Holdings (HKG:3311) Is Increasing Its Dividend To HK$0.20
China State Construction International Holdings Limited ( HKG:3311 ) has announced that it will be increasing its...
Is China State Construction International Holdings Limited (HKG:3311) Potentially Undervalued?
China State Construction International Holdings Limited ( HKG:3311 ), is not the largest company out there, but it saw...
China State Construction International Holdings (HKG:3311) Is Increasing Its Dividend To HK$0.20
The board of China State Construction International Holdings Limited ( HKG:3311 ) has announced that it will be...
Shareholder Returns
| 3311 | HK Construction | HK Market | |
|---|---|---|---|
| 7D | 2.2% | -0.5% | 2.1% |
| 1Y | 56.1% | 1.9% | -23.3% |
Return vs Industry: 3311 exceeded the Hong Kong Construction industry which returned 1.9% over the past year.
Return vs Market: 3311 exceeded the Hong Kong Market which returned -23.3% over the past year.
Price Volatility
| 3311 volatility | |
|---|---|
| 3311 Average Weekly Movement | 5.7% |
| Construction Industry Average Movement | 6.9% |
| Market Average Movement | 7.0% |
| 10% most volatile stocks in HK Market | 13.8% |
| 10% least volatile stocks in HK Market | 3.3% |
Stable Share Price: 3311 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3311's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 13,615 | Haipeng Zhang | https://www.csci.com.hk |
China State Construction International Holdings Limited, an investment holding company, engages in the construction business in Hong Kong, Mainland China, Macau, and internationally. It constructs public and private residences, commercial and industrial housing, medical institutions, educational and cultural facilities, hotels, and public constructions. The company also undertakes civil engineering projects, such as site formation, roads, bridges, reclamation, and tunnels; and piling, mechanical, and electrical engineering works.
China State Construction International Holdings Fundamentals Summary
| 3311 fundamental statistics | |
|---|---|
| Market Cap | HK$41.76b |
| Earnings (TTM) | HK$6.80b |
| Revenue (TTM) | HK$77.31b |
6.1x
P/E Ratio0.5x
P/S RatioIs 3311 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3311 income statement (TTM) | |
|---|---|
| Revenue | HK$77.31b |
| Cost of Revenue | HK$65.33b |
| Gross Profit | HK$11.98b |
| Other Expenses | HK$5.18b |
| Earnings | HK$6.80b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.35 |
| Gross Margin | 15.50% |
| Net Profit Margin | 8.80% |
| Debt/Equity Ratio | 111.8% |
How did 3311 perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield30%
Payout RatioValuation
Is 3311 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3311?
Other financial metrics that can be useful for relative valuation.
| What is 3311's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | HK$41.76b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.2x |
| Enterprise Value/EBITDA | 9.1x |
| PEG Ratio | 0.5x |
Price to Earnings Ratio vs Peers
How does 3311's PE Ratio compare to its peers?
| 3311 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.6x | ||
3996 China Energy Engineering | 6.1x | 13.5% | HK$45.0b |
1799 Xinte Energy | 5.9x | -11.3% | HK$34.0b |
552 China Communications Services | 6.5x | 10.2% | HK$24.1b |
586 China Conch Venture Holdings | 3.9x | 1.5% | HK$31.8b |
3311 China State Construction International Holdings | 6.1x | 13.5% | HK$41.8b |
Price-To-Earnings vs Peers: 3311 is expensive based on its Price-To-Earnings Ratio (6.1x) compared to the peer average (5.6x).
Price to Earnings Ratio vs Industry
How does 3311's PE Ratio compare vs other companies in the HK Construction Industry?
Price-To-Earnings vs Industry: 3311 is good value based on its Price-To-Earnings Ratio (6.1x) compared to the Hong Kong Construction industry average (12.4x)
Price to Earnings Ratio vs Fair Ratio
What is 3311's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 6.1x |
| Fair PE Ratio | 8.8x |
Price-To-Earnings vs Fair Ratio: 3311 is good value based on its Price-To-Earnings Ratio (6.1x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).
Share Price vs Fair Value
What is the Fair Price of 3311 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3311 (HK$8.29) is trading below our estimate of fair value (HK$8.69)
Significantly Below Fair Value: 3311 is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: 3311 is good value based on its PEG Ratio (0.5x)
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Future Growth
How is China State Construction International Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
13.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3311's forecast earnings growth (13.5% per year) is above the savings rate (1.5%).
Earnings vs Market: 3311's earnings (13.5% per year) are forecast to grow slower than the Hong Kong market (16.9% per year).
High Growth Earnings: 3311's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3311's revenue (13.7% per year) is forecast to grow faster than the Hong Kong market (10.3% per year).
High Growth Revenue: 3311's revenue (13.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3311's Return on Equity is forecast to be low in 3 years time (13.7%).
Discover growth companies
Past Performance
How has China State Construction International Holdings performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3311 has high quality earnings.
Growing Profit Margin: 3311's current net profit margins (8.8%) are lower than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: 3311's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: 3311's earnings growth over the past year (13.1%) exceeds its 5-year average (5% per year).
Earnings vs Industry: 3311 earnings growth over the past year (13.1%) exceeded the Construction industry -1.2%.
Return on Equity
High ROE: 3311's Return on Equity (11.2%) is considered low.
Discover strong past performing companies
Financial Health
How is China State Construction International Holdings's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 3311's short term assets (HK$114.0B) exceed its short term liabilities (HK$92.9B).
Long Term Liabilities: 3311's short term assets (HK$114.0B) exceed its long term liabilities (HK$60.1B).
Debt to Equity History and Analysis
Debt Level: 3311's net debt to equity ratio (73.3%) is considered high.
Reducing Debt: 3311's debt to equity ratio has increased from 82.7% to 111.8% over the past 5 years.
Debt Coverage: 3311's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3311's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Dividend
What is China State Construction International Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.95%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3311's dividend (4.95%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.75%).
High Dividend: 3311's dividend (4.95%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.9%).
Stability and Growth of Payments
Stable Dividend: 3311's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3311's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), 3311's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3311 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Haipeng Zhang (46 yo)
3.83yrs
Tenure
HK$7,578,000
Compensation
Mr. Haipeng Zhang has been Non-Executive Chairman of China State Construction Development Holdings Limited since August 18, 2018. Mr. Zhang joined CSCGL in 2000 and was seconded to CSCIHL in 2002. Mr. Zhan...
CEO Compensation Analysis
Compensation vs Market: Haipeng's total compensation ($USD965.45K) is above average for companies of similar size in the Hong Kong market ($USD626.60K).
Compensation vs Earnings: Haipeng's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 3311's management team is considered experienced (3.7 years average tenure).
Board Members
Experienced Board: 3311's board of directors are seasoned and experienced ( 11 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China State Construction International Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: China State Construction International Holdings Limited
- Ticker: 3311
- Exchange: SEHK
- Founded: 1979
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: HK$41.762b
- Shares outstanding: 5.04b
- Website: https://www.csci.com.hk
Number of Employees
Location
- China State Construction International Holdings Limited
- China Overseas Building
- 28th Floor
- Wan Chai
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.