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The latest announcement is out from China Communications Construction Co ( (HK:1800) ).
China Communications Construction Company Limited has approved its 2025 plan for asset impairment provisions, aiming to present a prudent and accurate picture of its financial position and operating results. The board endorsed the move after conducting impairment tests across all consolidated assets in line with Chinese accounting standards and the company’s own policies.
For 2025, the group will record total impairment provisions of RMB 9,379 million, equivalent to 0.48% of its average total assets for the year. Management emphasized that this ratio is within the company’s historical range, with the bulk of the impairments tied to receivables and contract assets, indicating continued attention to credit risk and recoverability of project-related balances.
The most recent analyst rating on (HK:1800) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on China Communications Construction Co stock, see the HK:1800 Stock Forecast page.
More about China Communications Construction Co
China Communications Construction Company Limited is a large Chinese infrastructure group engaged in engineering, construction, and related services, with its shares listed in both Hong Kong and Shanghai. The company operates under PRC accounting standards and regularly updates investors on its financial management practices and asset quality measures.
Average Trading Volume: 11,556,547
Technical Sentiment Signal: Hold
Current Market Cap: HK$124.3B
Find detailed analytics on 1800 stock on TipRanks’ Stock Analysis page.