XHKG3311
Market cap7.71bUSD
Dec 20, Last price
11.90HKD
1D
-0.34%
1Q
8.58%
Jan 2017
2.67%
IPO
5,710.55%
Name
China State Construction International Holdings Ltd
Chart & Performance
Profile
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. In addition, it is involved in undertaking foundation engineering works, general contracting and prefabricated construction, and industrial plant reconstruction activities. Further, the company provides insurance brokerage, project and construction management, subcontracting, project consultancy, installation repairs and maintenance, and logistic services; designs, manufactures, and installs curtain walls, aluminum windows, and other related products; sells and distributes construction materials; issues guaranteed notes; leases plant and machinery; generates and supplies heat and electricity; and manufactures and sells precast structures. Additionally, it engages in the marine engineering works, and property investment and management activities; and infrastructure operation and investment, thermoelectricity, toll road operation, property development, and facade contracting businesses. The company was founded in 1979 and is headquartered in Wan Chai, Hong Kong. China State Construction International Holdings Limited is a subsidiary of China Overseas Holdings Limited.
Valuation
Title HKD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 113,734,013 11.53% | 101,975,265 31.91% | 77,309,614 23.78% | |||||||
Cost of revenue | 100,035,428 | 90,342,428 | 67,482,352 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 13,698,585 | 11,632,837 | 9,827,262 | |||||||
NOPBT Margin | 12.04% | 11.41% | 12.71% | |||||||
Operating Taxes | 2,390,599 | 2,309,221 | 1,949,294 | |||||||
Tax Rate | 17.45% | 19.85% | 19.84% | |||||||
NOPAT | 11,307,986 | 9,323,616 | 7,877,968 | |||||||
Net income | 9,468,833 14.74% | 8,252,700 13.58% | 7,266,011 13.13% | |||||||
Dividends | (2,594,373) | (2,241,739) | (1,964,670) | |||||||
Dividend yield | 5.73% | 5.07% | 4.02% | |||||||
Proceeds from repurchase of equity | (9,497,811) | |||||||||
BB yield | 19.45% | |||||||||
Debt | ||||||||||
Debt current | 22,686,711 | 17,695,603 | 15,181,960 | |||||||
Long-term debt | 58,667,002 | 64,858,081 | 66,751,802 | |||||||
Deferred revenue | 591,473 | 663,898 | 667,106 | |||||||
Other long-term liabilities | 23,555 | 112,195 | 58,454 | |||||||
Net debt | 29,010,411 | (32,766,644) | (37,373,293) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 500,994 | (2,027,206) | (2,609,746) | |||||||
CAPEX | (565,421) | (362,863) | (686,405) | |||||||
Cash from investing activities | 455,218 | (193,464) | (5,539,512) | |||||||
Cash from financing activities | 4,548,387 | 2,724,163 | 9,645,622 | |||||||
FCF | (3,288,499) | 2,620,223 | (4,166,065) | |||||||
Balance | ||||||||||
Cash | 28,922,027 | 24,353,192 | 24,480,171 | |||||||
Long term investments | 23,421,275 | 90,967,136 | 94,826,884 | |||||||
Excess cash | 46,656,601 | 110,221,565 | 115,441,574 | |||||||
Stockholders' equity | 51,546,654 | 39,509,277 | 37,936,318 | |||||||
Invested Capital | 109,358,564 | 98,222,081 | 97,513,682 | |||||||
ROIC | 10.90% | 9.53% | 8.68% | |||||||
ROCE | 8.75% | 8.41% | 7.23% | |||||||
EV | ||||||||||
Common stock shares outstanding | 5,037,617 | 5,037,617 | 5,039,788 | |||||||
Price | 8.99 2.51% | 8.77 -9.49% | 9.69 119.23% | |||||||
Market cap | 45,288,177 2.51% | 44,179,901 -9.53% | 48,835,546 118.82% | |||||||
EV | 76,835,006 | 13,618,396 | 13,438,429 | |||||||
EBITDA | 14,552,297 | 12,320,525 | 10,259,050 | |||||||
EV/EBITDA | 5.28 | 1.11 | 1.31 | |||||||
Interest | 3,204,309 | 3,064,842 | 2,717,460 | |||||||
Interest/NOPBT | 23.39% | 26.35% | 27.65% |