China State Construction Development Holdings Limited (0830) AI Stock Analysis

• Market Cap: HK$2.80B
• Dividend Yield: 6.29%
• Average Volume (3M): 2.89M
• Price to Earnings (P/E): 5.8
• Beta (1Y): 0.39
• Revenue Growth: -22.53%
• EPS Growth: -30.02%
• Country: HK
• Employees: 4,006
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): N/A
• Shares Outstanding: 2,255,045,000
• 10 Day Avg. Volume: 6,927,300
• 30 Day Avg. Volume: 2,894,633
• PEG Ratio: 0.54
• Price to Book (P/B): 1.52
• Price to Sales (P/S): 0.50
• P/FCF Ratio: 30.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$2.00
• Price Target Upside: 61.29% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: HK$1.50 ▲(20.97% Upside)

The overall stock score reflects a strong valuation with a low P/E ratio and high dividend yield, suggesting the stock is undervalued. However, technical indicators show bearish momentum, and financial performance highlights the need for improved profitability and cash flow management. The absence of earnings call data and corporate events means these factors did not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for the company's services and effective market penetration, supporting long-term business stability.

Balance Sheet Health

A healthy equity ratio and manageable leverage provide financial stability, enabling the company to invest in growth opportunities and weather economic fluctuations.

Operational Efficiency

Stable gross profit margins reflect effective cost management, which is crucial for maintaining profitability and competitive advantage in the construction industry.

Negative Factors

Free Cash Flow Challenges

Inconsistent free cash flow generation can limit the company's ability to fund new projects and investments, potentially impacting long-term growth and financial flexibility.

Modest Net Profit Margins

Modest net profit margins suggest that while the company is generating revenue, it may not be converting enough of it into profit, which could affect long-term financial health.

Revenue Decline

A significant decline in revenue growth rate can indicate market challenges or reduced demand, potentially impacting the company's future earnings and market position.

China State Construction Development Holdings Limited Business Overview & Revenue Model

Company Description

China State Construction Development Holdings Limited (0830) is a prominent investment holding company based in Hong Kong, primarily engaged in the construction and property development sectors. The company operates through various segments, including construction, property development, and investment, focusing on delivering high-quality infrastructure and real estate projects. It also engages in other related businesses such as project management and engineering services, contributing to its diverse portfolio in the construction industry.

How the Company Makes Money

The company generates revenue primarily through its construction contracts, which involve building infrastructure such as residential, commercial, and industrial projects for both government and private clients. Additionally, it earns income from property development activities by selling residential and commercial units, as well as leasing properties to generate rental income. Key revenue streams include project management fees, engineering services, and investments in real estate projects. Strategic partnerships with government entities and private developers further enhance its market position and revenue potential, enabling the company to secure large-scale contracts and expand its operational footprint.

China State Construction Development Holdings Limited Financial Statement Overview

Summary

The company demonstrates strong revenue growth and stable operational margins. However, modest net profit margins and challenges in maintaining positive free cash flow suggest areas for improvement. The balance sheet is solid, with a healthy equity ratio and improving return on equity.

Income Statement

The company has shown consistent revenue growth over the years, with a notable increase from 2020 to 2023. Gross profit margin has been steady, demonstrating efficient cost management. However, net profit margins are relatively modest, indicating room for improvement in profitability. EBIT and EBITDA margins reflect stable operational performance.

Balance Sheet

The balance sheet shows a healthy equity ratio, suggesting a solid financial structure. The debt-to-equity ratio is moderate, indicating manageable leverage. Return on equity has been improving, signaling effective use of shareholder funds. The company's assets have grown steadily, supporting its expansion.

Cash Flow

Cash flow analysis reveals challenges in maintaining positive free cash flow consistently. While operating cash flows are generally positive, the company needs to enhance its free cash flow generation. The operating cash flow to net income ratio suggests operational efficiency, but improvements in capital expenditure management could bolster free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.72B	8.10B	8.67B	7.67B	6.29B	4.54B
Gross Profit	794.35M	966.95M	973.06M	798.22M	657.20M	473.73M
EBITDA	715.80M	885.15M	889.37M	711.81M	594.72M	419.38M
Net Income	485.94M	650.25M	580.42M	421.85M	291.98M	194.34M
Balance Sheet
Total Assets	11.92B	11.50B	10.64B	10.30B	8.81B	7.39B
Cash, Cash Equivalents and Short-Term Investments	1.02B	1.17B	739.14M	999.28M	996.49M	919.23M
Total Debt	1.85B	1.69B	1.25B	1.37B	1.55B	1.32B
Total Liabilities	8.97B	8.94B	8.35B	8.31B	7.22B	6.06B
Stockholders Equity	3.06B	2.67B	2.40B	2.09B	1.67B	1.40B
Cash Flow
Free Cash Flow	53.19M	134.90M	172.65M	113.50M	-64.48M	99.79M
Operating Cash Flow	164.96M	200.28M	250.49M	245.61M	163.91M	296.24M
Investing Cash Flow	-80.95M	11.44M	-73.18M	-18.92M	-185.26M	-181.90M
Financing Cash Flow	119.74M	110.15M	-422.70M	-146.97M	55.95M	-74.11M

China State Construction Development Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.24
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 1.24 is below the 20-day moving average (MA) of 1.26, above the 50-day MA of 1.24, and below the 200-day MA of 1.41, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.12 is Neutral, neither overbought nor oversold. The STOCH value of 50.51 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3311	67 Neutral	HK$51.45B	5.23	13.70%	6.42%	-5.14%	-4.05%
0830	65 Neutral	HK$2.80B	5.76	16.54%	6.29%	-22.53%	-30.02%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1618	62 Neutral	HK$73.47B	11.78	3.80%	2.58%	-18.36%	-47.29%
3996	56 Neutral	€69.00B	5.59	7.78%	3.73%	11.49%	-7.01%
2068	45 Neutral	€15.76B	75.78	3.35%	―	-1.75%	―
1783	44 Neutral	HK$9.45B	-501.52	5.48%	―	210.49%	―

China State Construction Development Holdings Limited Corporate Events

China State Construction Development Reports Decline in Q3 2025 Revenue and Profit

China State Construction Development Holdings Limited announced its unaudited financial performance for the first nine months of 2025, reporting a revenue of approximately HK$4.71 billion, a decrease from the previous year’s HK$6.54 billion. The operating profit also declined to HK$635 million from HK$841 million in the same period last year. The company recorded an accumulated new contract value of HK$6.07 billion, highlighting its ongoing project acquisition efforts. The announcement emphasizes that the figures are unaudited and advises caution for shareholders and potential investors when dealing with the company’s securities.

The most recent analyst rating on (HK:0830) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China State Construction Development Holdings Limited stock, see the HK:0830 Stock Forecast page.

China State Construction Development Announces Board Meeting for Q3 Financial Review

China State Construction Development Holdings Limited has announced that its board of directors will meet on October 20, 2025, to review and approve the unaudited financial performance and operating information for the third quarter of 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial health and operational progress, potentially impacting its market positioning and investor confidence.

The most recent analyst rating on (HK:0830) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China State Construction Development Holdings Limited stock, see the HK:0830 Stock Forecast page.

China State Construction Reports Decline in Interim Revenue but Maintains Profitability

China State Construction Development Holdings Limited reported its unaudited interim results for the six months ended June 30, 2025, showing a decline in revenue from HK$4,722,048,000 in 2024 to HK$3,338,064,000 in 2025. Despite the revenue drop, the company maintained profitability with a net profit of HK$384,665,000, though this was lower than the previous year’s HK$545,668,000. The results reflect challenges in the market but indicate the company’s ability to sustain operations with a total comprehensive income of HK$450,952,000, highlighting resilience amidst fluctuating market conditions.

China State Construction Development Announces Interim Dividend

China State Construction Development Holdings Limited has announced an interim cash dividend of HKD 0.05 per share for the six months ended June 30, 2025. The dividend will be paid on October 24, 2025, with the record date set for September 19, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may have implications for investor confidence and market positioning.

China State Construction Updates Nomination Committee Terms

China State Construction Development Holdings Limited has updated the terms of reference for its Nomination Committee, which is responsible for overseeing the structure, size, and composition of the Board. The Committee’s duties include reviewing board diversity policies, assessing director independence, and making recommendations on board appointments and succession planning. These updates aim to enhance the company’s governance practices, ensuring alignment with its corporate strategy and compliance with Hong Kong’s listing rules.

China State Construction Development Holdings Schedules Board Meeting for Interim Results

China State Construction Development Holdings Limited has announced a board meeting scheduled for August 19, 2025. The meeting will address the approval and publication of the unaudited interim results for the first half of 2025 and consider the payment of an interim dividend. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its market positioning and investor relations.