China State Construction Development Holdings Limited (HK:0830)
:0830
Want to see HK:0830 full AI Analyst Report?
Top Page
China State Construction Development Holdings Limited
(0830)
Select Model
Select Model
Rating:50Neutral
Price Target:
HK$0.86
▼(-28.93% Downside)
Action:Reiterated
Date:05/08/26
The score is held back primarily by deteriorating fundamentals, especially the reversal to negative operating/free cash flow and the sharp drop in profitability and returns in 2025. Technicals also remain weak with the stock below key moving averages and a negative MACD. A high dividend yield provides some support, but the negative P/E limits valuation confidence.
Positive Factors
Manageable leverage
Debt-to-equity in a moderate range and equity growth provide structural financial headroom. For a construction contractor, moderate leverage supports bidding capacity and working-capital needs across project cycles, lowering bankruptcy risk and preserving access to credit for 2–6+ months.
Negative Factors
Negative operating & free cash flow
The reversal to negative operating and free cash flow materially reduces financial flexibility. Higher working-capital absorption or cash outlays constrain reinvestment, increase reliance on external funding for projects, and elevate liquidity and refinancing risk over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
Debt-to-equity in a moderate range and equity growth provide structural financial headroom. For a construction contractor, moderate leverage supports bidding capacity and working-capital needs across project cycles, lowering bankruptcy risk and preserving access to credit for 2–6+ months.
Read all positive factors
China State Construction Development Holdings Limited (0830) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.89B
Dividend Yield6.55%
Average Volume (3M)2.89M
Price to Earnings (P/E)11.3
Beta (1Y)0.49
Revenue Growth-26.24%
EPS Growth-63.51%
CountryHK
Employees4,006
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.10
Shares Outstanding2,255,045,000
10 Day Avg. Volume6,927,300
30 Day Avg. Volume2,894,633
Financial Highlights & Ratios
PEG Ratio-0.18
Price to Book (P/B)0.95
Price to Sales (P/S)0.45
P/FCF Ratio-8.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$1.04Price Target Upside-14.05% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.18
Revenue Forecast (FY)HK$7.04B
China State Construction Development Holdings Limited Business Overview & Revenue Model
Company Description
China State Construction Development Holdings Limited, an investment holding company, engages in the general contracting business in Hong Kong, Mainland China, and internationally. The company operates through three segments: Facade Contracting Wo...
How the Company Makes Money
Revenue is primarily generated from construction/engineering contracts. The company makes money by (i) bidding for and being awarded projects, then recognizing contract revenue as work progresses (typically based on certified work done/progress bi...
China State Construction Development Holdings Limited Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
62
Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.98B | 8.10B | 8.67B | 7.67B | 6.29B |
| Gross Profit | 436.80M | 966.95M | 973.06M | 798.22M | 657.20M |
| EBITDA | 385.61M | 885.15M | 889.37M | 711.81M | 594.72M |
| Net Income | 237.34M | 650.25M | 580.42M | 421.85M | 291.98M |
Balance Sheet | |||||
| Total Assets | 12.05B | 11.50B | 10.64B | 10.30B | 8.81B |
| Cash, Cash Equivalents and Short-Term Investments | 1.36B | 1.17B | 739.14M | 999.28M | 996.49M |
| Total Debt | 2.12B | 1.69B | 1.25B | 1.37B | 1.55B |
| Total Liabilities | 9.33B | 8.94B | 8.35B | 8.31B | 7.22B |
| Stockholders Equity | 2.84B | 2.67B | 2.40B | 2.09B | 1.67B |
Cash Flow | |||||
| Free Cash Flow | -300.12M | 134.90M | 172.65M | 113.50M | -64.48M |
| Operating Cash Flow | -188.23M | 200.28M | 250.49M | 245.61M | 163.91M |
| Investing Cash Flow | 433.58M | 11.44M | -73.18M | -18.92M | -185.26M |
| Financing Cash Flow | 111.88M | 110.15M | -422.70M | -146.97M | 55.95M |
China State Construction Development Holdings Limited Technical Analysis
Negative
1.21
Price Trends
0.89
Negative
1.03
Negative
1.16
Negative
Market Momentum
-0.01
Negative
43.84
Neutral
52.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0830, the sentiment is Negative. The current price of 1.21 is above the 20-day moving average (MA) of 0.85, above the 50-day MA of 0.89, and above the 200-day MA of 1.16, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 43.84 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0830.
China State Construction Development Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$48.23B | 3.19 | 11.89% | 6.69% | -5.48% | -4.24% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | HK$87.59B | 8.64 | 4.96% | 3.90% | 5.40% | -33.06% | |
57 Neutral | HK$62.97B | 4.48 | 0.95% | 3.21% | -17.50% | -75.50% | |
52 Neutral | HK$17.61B | 22.20 | 6.83% | ― | -3.56% | 49.92% | |
51 Neutral | HK$9.01B | 170.19 | 4.76% | ― | 210.49% | ― | |
50 Neutral | HK$1.89B | 11.31 | 8.04% | 6.55% | -26.24% | -63.51% |
* Industrials Sector Average
HK:0830
China State Construction Development Holdings Limited
0.85
-0.64
-42.95%
HK:3311
China State Construction International Holdings
9.16
-1.19
-11.49%
HK:3996
China Energy Engineering Corp. Ltd. Class H
1.31
0.32
32.06%
HK:1618
Metallurgical Corporation of China Ltd. Class H
1.52
0.05
3.40%
HK:2068
China Aluminum International Engineering Corporation Limited Class H
2.36
0.45
23.56%
HK:1783
Golden Ponder Holdings Limited
3.14
-1.14
-26.64%
China State Construction Development Holdings Limited Corporate Events
CSCD Sets Three‑Year Connected Deal for Property Management Services
Apr 29, 2026
China State Construction Development Holdings Limited has entered into a three‑year framework agreement with China Overseas Property Limited under which the group may procure property management services for its properties and work sites fro...
China State Construction Development Sets 2026 AGM to Approve Results, Dividend and Share Issue Mandate
Apr 28, 2026
China State Construction Development Holdings Limited has convened its annual general meeting for 17 June 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements for the year ended 31 December 2025...
China State Construction Development posts solid Q1 amid facade market recovery
Apr 17, 2026
China State Construction Development Holdings Limited, a specialist in facade contracting services, continues to sharpen its presence in Hong Kong and Macau while consolidating its foothold in mainland China and pursuing selected overseas opportun...
China State Construction Development Sets April Board Meeting to Review Q1 2026 Results
Apr 1, 2026
China State Construction Development Holdings Limited has scheduled a board meeting for 17 April 2026 to review and approve the unaudited financial performance of the company and its subsidiaries for the first quarter of 2026. The move signals tha...
China State Construction Development Earnings Slump as Revenue Drops 26% in 2025
Mar 20, 2026
China State Construction Development Holdings Limited reported a sharp contraction in performance for the year ended 31 December 2025, with revenue falling 26.2% year on year to HK$5.98 billion as market conditions weakened. Profit attributable to...
China State Construction Development Proposes HKD0.01 Final Dividend for 2025
Mar 20, 2026
China State Construction Development Holdings Limited has announced a proposed final ordinary cash dividend of HKD 0.01 per share for the financial year ended 31 December 2025, subject to shareholder approval at the company’s annual general ...
China State Construction Development Sets March Board Meeting on 2025 Results and Dividend
Mar 5, 2026
China State Construction Development Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the construction and related services sector through its subsidiaries. The group focuses on building and infrastructure ...
China State Construction Development Warns of Sharp Profit Drop for 2025
Feb 23, 2026
China State Construction Development Holdings expects profit attributable to owners for 2025 to fall sharply to about HK$237 million from HK$650 million a year earlier, based on preliminary unaudited figures. The downturn reflects weaker demand fo...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.