China State Construction International Holdings
Market Cap
HK$39.6b
Last Updated
N/A UTC
Data Sources
Company Financials +
Executive Summary
China State Construction International Holdings Limited, an investment holding company, engages in the construction business in Hong Kong, Mainland China, Macau, and internationally.
Snowflake
Fundamentals
Very undervalued average dividend payer.
Share Price & News
How has China State Construction International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.0%
SEHK:3311
1.0%
HK Construction
1.5%
HK Market
1 Year Return
-0.1%
SEHK:3311
-10.9%
HK Construction
-4.7%
HK Market
3311 outperformed the Construction industry which returned -12.3% over the past year.
3311 outperformed the Market in Hong Kong which returned -5.9% over the past year.
Share holder returns
| 3311 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | 1.0% | 1.5% |
| 30 Day | -5.7% | -4.3% | 3.9% |
| 90 Day | -0.7% | -13.7% | -8.2% |
| 1 Year | 3.5%-0.1% | -7.4%-10.9% | -1.4%-4.7% |
| 3 Year | -18.5%-26.2% | -12.9%-21.2% | 31.5%18.3% |
| 5 Year | -32.2%-41.7% | 13.9%-2.0% | 24.3%3.4% |
Price Volatility Vs. Market
How volatile is China State Construction International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is China State Construction International Holdings (HKG:3311) A Risky Investment?1 week ago | Simply Wall St
Read This Before Buying China State Construction International Holdings Limited (HKG:3311) For Its DividendValuation
Is China State Construction International Holdings undervalued based on future cash flows and its price relative to the stock market?
48%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
China State Construction International Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
China State Construction International Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
China State Construction International Holdings is good value based on earnings compared to the HK Construction industry average.
China State Construction International Holdings is good value based on earnings compared to the Hong Kong market.
Price Based on Expected Growth
China State Construction International Holdings is good value based on expected growth next year.
Price Based on Value of Assets
China State Construction International Holdings is good value based on assets compared to the HK Construction industry average.
Next Steps
Future Growth
How is China State Construction International Holdings expected to perform in the next 1 to 3 years based on estimates from 15 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
China State Construction International Holdings's revenue is expected to grow by 11.9% yearly, however this is not considered high growth (20% yearly).
China State Construction International Holdings's earnings are expected to grow by 16.3% yearly, however this is not considered high growth (20% yearly).
China State Construction International Holdings's revenue growth is expected to exceed the Hong Kong market average.
China State Construction International Holdings's earnings growth is expected to exceed the Hong Kong market average.
China State Construction International Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Earnings per Share Growth Estimates
Future Return on Equity
China State Construction International Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has China State Construction International Holdings performed over the past 5 years?
12.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
China State Construction International Holdings's year on year earnings growth rate has been positive over the past 5 years.
China State Construction International Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
China State Construction International Holdings's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.
Return on Equity
China State Construction International Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
China State Construction International Holdings used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.
Return on Capital Employed
China State Construction International Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is China State Construction International Holdings's financial position?
Financial Position Analysis
China State Construction International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
China State Construction International Holdings's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
China State Construction International Holdings's level of debt (95.3%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (78.7% vs 95.3% today).
Operating cash flow is negative therefore debt is not well covered.
Interest payments on debt are well covered by earnings (EBIT is 5x coverage).
Balance Sheet
Low level of unsold assets.
Debt is covered by short term assets, assets are 1.5x debt.
Next Steps
Dividend
What is China State Construction International Holdings's current dividend yield, its reliability and sustainability?
4.80%
Expected Dividend Yield
Dividend Yield and Payments Analysis
China State Construction International Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).
China State Construction International Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.74%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3.3x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
Next Steps
Management
What is the CEO of China State Construction International Holdings's salary, the management and board of directors tenure and is there insider trading?
0.9yrs
Average management tenure
CEO
Haipeng Zhang (43yo)
0.9yrs
Tenure
HK$5,627,000
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
Haipeng's remuneration is about average for companies of similar size in Hong Kong.
Haipeng's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
0.9yrs
Average Tenure
53yo
Average Age
The average tenure for the China State Construction International Holdings management team is less than 2 years, this suggests a new team.
Board Age and Tenure
11.4yrs
Average Tenure
52.5yo
Average Age
The average tenure for the China State Construction International Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
No 3 month individual insider trading information.
Recent Insider Transactions
| Entity | Company |
| Shares | 946,000 |
| Max Price | HK$7.54 |
| Entity | Company |
| Shares | 1,000,000 |
| Max Price | HK$5.78 |
| Entity | Company |
| Shares | 1,000,000 |
| Max Price | HK$5.96 |
| Entity | Company |
| Shares | 1,180,000 |
| Max Price | HK$6.29 |
Ownership Breakdown
Management Team
Cheung Hung (60yo)
VP & Executive Director
- Compensation: HK$5.96m
Shuchen Tian (53yo)
VP & Executive Director
- Compensation: HK$4.64m
Hancheng Zhou (49yo)
Financial Controller & Executive Director
- Compensation: HK$4.29m
Wai Hung Chan (61yo)
Assistant General Manager of China State Construction Engineering (Hong Kong) Limited
Sui Ha Tse
Company Secretary
- Tenure: 9.9yrs
Haipeng Zhang (43yo)
CEO & Executive Director
- Tenure: 0.9yrs
- Compensation: HK$5.63m
Jacky Zhou
General Manager of Corporate Finance
- Tenure: 0.8yrs
Board Members
Adrian David Li (46yo)
Independent Non-Executive Director
- Tenure: 14.1yrs
- Compensation: HK$360.00k
Shing Lee (77yo)
Independent Non-Executive Director
- Tenure: 13.8yrs
- Compensation: HK$360.00k
Jianguo Yan (52yo)
Chairman
- Tenure: 0.3yrs
Cheung Hung (60yo)
VP & Executive Director
- Tenure: 8.1yrs
- Compensation: HK$5.96m
Shuchen Tian (53yo)
VP & Executive Director
- Tenure: 8.9yrs
- Compensation: HK$4.64m
Sun Jie
Honorary Chairman
Haipeng Zhang (43yo)
CEO & Executive Director
- Tenure: 2.0yrs
- Compensation: HK$5.63m
Hancheng Zhou (49yo)
Financial Controller & Executive Director
- Tenure: 15.3yrs
- Compensation: HK$4.29m
Raymond Leung (64yo)
Independent Non-Executive Director
- Tenure: 14.1yrs
- Compensation: HK$250.00k
Company Information
China State Construction International Holdings Limited's company bio, 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
- Market Cap: HK$39.636b
- Shares outstanding: 5.05b
- Website: Click here
Number of Employees
Location
- China State Construction International Holdings Limited
- China Overseas Building
- 28th Floor
- Wanchai
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| C4S1 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2005 |
| 3311 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 2005 |
| CCOH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2005 |
| 3311 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jul 2005 |
| 3311 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jul 2005 |
| CCOH.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Apr 2009 |
Biography
China State Construction International Holdings Limited, an investment holding company, engages in the construction business in Hong Kong, Mainland China, Macau, and internationally. It builds public and p ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | N/A |
| End of Day Share Price | 2019/07/16 00:00 |
| Earnings | 2018/12/31 |
| Annual Earnings | 2018/12/31 |
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.