CHINA STATE CONSTRUCTION INTERNATIONAL HOLDINGS LIMITED Financials China State Construction International Holdings Limited
Equities
3311
KYG216771363
Construction & Engineering
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.58 HKD | +2.39% |
|
-2.61% | -4.98% |
| May. 03 | China State Construction to Renew Services Deal with China Overseas Land | MT |
| Apr. 25 | China State Construction International Unit Raises 900 Million Yuan from 5-Year Bond Issue | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 35,748 | 22,317 | 48,815 | 44,180 | 45,490 | 43,223 | - | - |
| Enterprise Value (EV) 1 | 63,348 | 58,647 | 97,432 | 44,180 | 97,179 | 91,019 | 90,898 | 89,859 |
| P/E ratio | 6.6 x | 3.71 x | 7.18 x | 5.55 x | 4.96 x | 4.19 x | 3.7 x | 3.28 x |
| Yield | 4.52% | 8.14% | 4.18% | 5.47% | 6.2% | 7.25% | 8.21% | 9.24% |
| Capitalization / Revenue | 0.58 x | 0.36 x | 0.63 x | 0.43 x | 0.4 x | 0.34 x | 0.3 x | 0.27 x |
| EV / Revenue | 1.03 x | 0.94 x | 1.26 x | 0.43 x | 0.85 x | 0.71 x | 0.63 x | 0.56 x |
| EV / EBITDA | 7.31 x | 6.3 x | 9.61 x | 3.6 x | 6.67 x | 5.53 x | 4.95 x | 4.43 x |
| EV / FCF | -19.8 x | -11.5 x | -78.7 x | -293 x | - | 22.6 x | 18 x | 25.3 x |
| FCF Yield | -5.06% | -8.66% | -1.27% | -0.34% | - | 4.43% | 5.57% | 3.95% |
| Price to Book | 0.72 x | 0.39 x | 0.87 x | 0.76 x | 0.61 x | 0.62 x | 0.55 x | 0.5 x |
| Nbr of stocks (in thousands) | 5,049,157 | 5,049,157 | 5,037,617 | 5,037,617 | 5,037,617 | 5,037,617 | - | - |
| Reference price 2 | 7.080 | 4.420 | 9.690 | 8.770 | 9.030 | 8.580 | 8.580 | 8.580 |
| Announcement Date | 3/25/20 | 3/24/21 | 3/25/22 | 3/21/23 | 3/21/24 | - | - | - |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 61,670 | 62,458 | 77,310 | 101,975 | 113,734 | 127,651 | 144,233 | 160,357 |
| EBITDA 1 | 8,672 | 9,311 | 10,136 | 12,271 | 14,570 | 16,454 | 18,381 | 20,296 |
| EBIT 1 | 8,191 | 8,913 | 9,704 | 11,584 | 13,716 | 15,472 | 17,284 | 18,856 |
| Operating Margin | 13.28% | 14.27% | 12.55% | 11.36% | 12.06% | 12.12% | 11.98% | 11.76% |
| Earnings before Tax (EBT) 1 | 7,284 | 8,244 | 9,385 | 10,779 | 12,104 | 13,736 | 15,536 | 17,665 |
| Net income 1 | 5,413 | 6,015 | 6,801 | 7,957 | 9,164 | 10,330 | 11,664 | 13,163 |
| Net margin | 8.78% | 9.63% | 8.8% | 7.8% | 8.06% | 8.09% | 8.09% | 8.21% |
| EPS 2 | 1.072 | 1.191 | 1.349 | 1.580 | 1.820 | 2.048 | 2.317 | 2.613 |
| Free Cash Flow 1 | -3,207 | -5,080 | -1,238 | -150.7 | - | 4,030 | 5,063 | 3,546 |
| FCF margin | -5.2% | -8.13% | -1.6% | -0.15% | - | 3.16% | 3.51% | 2.21% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 24.49% | 27.54% | 17.47% |
| FCF Conversion (Net income) | - | - | - | - | - | 39.02% | 43.41% | 26.94% |
| Dividend per Share 2 | 0.3200 | 0.3600 | 0.4050 | 0.4800 | 0.5600 | 0.6218 | 0.7043 | 0.7924 |
| Announcement Date | 3/25/20 | 3/24/21 | 3/25/22 | 3/21/23 | 3/21/24 | - | - | - |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 34,127 | 28,002 | 34,456 | 36,371 | 40,939 | 53,811 | 48,165 | 55,111 | 58,623 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | - | 5,406 | 4,554 | 6,109 | 5,475 | 7,368 | 6,348 |
| Operating Margin | - | - | - | 14.86% | 11.12% | 11.35% | 11.37% | 13.37% | 10.83% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | 5,213 | - | - |
| Net income | - | - | - | - | - | - | 3,743 | - | - |
| Net margin | - | - | - | - | - | - | 7.77% | - | - |
| EPS 2 | - | - | - | 0.6942 | 0.6552 | 0.8365 | 0.7435 | 0.9625 | 0.8575 |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/25/20 | 8/21/20 | 3/24/21 | 8/17/21 | 3/25/22 | 8/19/22 | 3/21/23 | 9/11/23 | 3/21/24 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 27,600 | 36,330 | 48,618 | - | 51,689 | 47,796 | 47,675 | 46,636 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.183 x | 3.902 x | 4.797 x | - | 3.548 x | 2.905 x | 2.594 x | 2.298 x |
| Free Cash Flow 1 | -3,207 | -5,080 | -1,238 | -151 | - | 4,030 | 5,063 | 3,546 |
| ROE (net income / shareholders' equity) | 11.7% | 11.3% | 12% | 12.3% | 13.3% | 15.5% | 15.6% | 15.5% |
| ROA (Net income/ Total Assets) | 3.64% | 3.45% | 3.58% | 3.55% | 3.83% | 4.21% | 4.32% | 4.24% |
| Assets 1 | 148,772 | 174,116 | 190,050 | 224,068 | 239,064 | 245,572 | 270,133 | 310,415 |
| Book Value Per Share 2 | 9.890 | 11.30 | 11.20 | 11.50 | 14.70 | 13.90 | 15.60 | 17.20 |
| Cash Flow per Share 2 | -0.5400 | -0.9000 | -0.1100 | 0.4200 | - | 0.2900 | 0.7900 | 0.9900 |
| Capex 1 | 503 | 548 | 686 | 363 | - | 596 | 611 | 532 |
| Capex / Sales | 0.82% | 0.88% | 0.89% | 0.36% | - | 0.47% | 0.42% | 0.33% |
| Announcement Date | 3/25/20 | 3/24/21 | 3/25/22 | 3/21/23 | 3/21/24 | - | - | - |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
8.58
HKD
Average target price
12.32
HKD
Spread / Average Target
+43.63%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.98% | 5.53B | |
| -2.51% | 68.13B | |
| -0.79% | 57.68B | |
| +18.78% | 37.52B | |
| +11.43% | 30.83B | |
| +3.63% | 27B | |
| +15.67% | 20.73B | |
| +15.36% | 19.52B | |
| +22.41% | 16.98B | |
| +68.84% | 17.1B |
- Stock Market
- Equities
- 3311 Stock
- Financials China State Construction International Holdings Limited
