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

• Market Cap: HK$3.47B
• Dividend Yield: 1.82%
• Average Volume (3M): 876.17K
• Price to Earnings (P/E): 5.3
• Beta (1Y): 0.44
• Revenue Growth: -6.51%
• EPS Growth: 12.05%
• Country: HK
• Employees: 4,006
• Sector: Industrials
• Sector Strength: 94
• Industry: Engineering & Construction
• EPS (TTM): N/A
• Shares Outstanding: 2,255,045,000
• 10 Day Avg. Volume: 815,480
• 30 Day Avg. Volume: 876,172
• PEG Ratio: -0.76
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.93
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: HK$1.50 ▼(-2.60%Downside)

The stock is appealing due to its strong revenue growth and undervaluation, with a low P/E ratio and attractive dividend yield. However, improvements in cash flow and profit margins are necessary for a better financial outlook. Technical indicators show a neutral trend, neither strongly positive nor negative.

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 Works, General Contracting Works, and Operating Management. It is involved in the design, engineering, manufacture, and installation of curtain wall systems. The company also offers curtain walls, aluminum windows, and related products. In addition, it provides urban planning management and consultation, engineering, project consultancy, company secretarial, management, and business development services. Further, it engages in the building construction and project management activities; property holding business; generation and supply of heat and electricity; and trade of coal. The company was formerly known as Far East Global Group Limited and changed its name to China State Construction Development Holdings Limited in March 2019. China State Construction Development Holdings Limited was founded in 1969 and is headquartered in Chai Wan, Hong Kong. China State Construction Development Holdings Limited is a subsidiary of Add Treasure Holdings Limited.

How the Company Makes Money

The company generates revenue primarily through its construction and engineering services, where it undertakes both public and private sector projects. Key revenue streams include contracts for large-scale infrastructure developments, residential and commercial building projects, and specialized construction services. The company also benefits from strategic partnerships and joint ventures with local and international firms, enhancing its project portfolio and market reach. Additionally, its involvement in government-backed infrastructure initiatives and urban development programs contributes significantly to its earnings.

China State Construction Development Holdings Limited Financial Statement Overview

Summary

The company has demonstrated consistent revenue growth and stable operational margins. While the balance sheet is robust, with a healthy equity ratio and moderate leverage, there are challenges in maintaining positive free cash flow consistently. Improvements in net profit margins and free cash flow generation are needed for enhanced financial flexibility.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.10B	8.67B	7.67B	6.29B	4.54B
Gross Profit	966.95M	973.06M	798.22M	657.20M	473.73M
EBITDA	885.15M	889.37M	711.81M	594.72M	419.38M
Net Income	650.25M	580.42M	421.85M	291.98M	194.34M
Balance Sheet
Total Assets	11.50B	10.64B	10.30B	8.81B	7.39B
Cash, Cash Equivalents and Short-Term Investments	1.17B	739.14M	999.28M	996.49M	919.23M
Total Debt	1.69B	1.25B	1.37B	1.55B	1.32B
Total Liabilities	8.94B	8.35B	8.31B	7.22B	6.06B
Stockholders Equity	2.67B	2.40B	2.09B	1.67B	1.40B
Cash Flow
Free Cash Flow	134.90M	172.65M	113.50M	-64.48M	99.79M
Operating Cash Flow	200.28M	250.49M	203.87M	163.91M	296.24M
Investing Cash Flow	11.44M	-73.18M	-18.92M	-185.26M	-181.90M
Financing Cash Flow	110.15M	-422.70M	-146.97M	55.95M	-74.11M

China State Construction Development Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.54
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Neutral. The current price of 1.54 is above the 20-day moving average (MA) of 1.48, above the 50-day MA of 1.49, and below the 200-day MA of 1.71, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 53.79 is Neutral, neither overbought nor oversold. The STOCH value of 43.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
0830	67 Neutral	HK$3.47B	5.34	25.62%	1.82%	-6.51%	12.05%
Sector *	66 Neutral	$2.74B	14.09	10.02%	3.81%	-1.82%	30.90%
CCOHF	―	$8.04B	6.59	14.62%	2.77%	―	―
2E5	―	€8.70B	5.58	8.19%	2.97%	―	―
6MT	―	€7.19B	5.21	5.56%	1.89%	―	―
4AI	―	€1.64B	34.94	7.03%	―	―	―
1783	46 Neutral	HK$10.15B	―	-4.49%	―	24.09%	-19.93%

China State Construction Development Holdings Limited Corporate Events

China State Construction Development Secures Shareholder Approval for New Engagement Agreement

China State Construction Development Holdings Limited announced that during its Extraordinary General Meeting on June 19, 2025, shareholders approved the New CSCD-CSC Sub-construction Engagement Agreement and the associated transactions. This approval includes the proposed annual caps for the next three years, which signifies a strategic move to strengthen the company’s operational framework and potentially enhance its market positioning. The resolution was passed with unanimous support from the independent shareholders, indicating strong backing for the company’s future plans.

China State Construction Development Approves Key Resolutions at AGM

China State Construction Development Holdings Limited announced the successful passage of all proposed resolutions during its Annual General Meeting held on June 19, 2025. Key resolutions included the adoption of the company’s financial statements for 2024, the declaration of a final dividend, the re-election of several directors, and the re-appointment of Ernst & Young as auditors. Additionally, the company granted general mandates to its directors to issue and repurchase shares, reflecting a strategic move to enhance its operational flexibility and shareholder value.

China State Construction Development Holdings Announces Extraordinary General Meeting

China State Construction Development Holdings Limited has announced an extraordinary general meeting scheduled for June 19, 2025, to discuss and approve the New CSCD-CSC Sub-construction Engagement Agreement. This agreement, along with the proposed annual caps for the next three years, is expected to impact the company’s operational strategy and stakeholder interests significantly, as it involves ratifying and authorizing transactions that are crucial for the company’s future engagements.

China State Construction Development Holdings Announces 2025 AGM Agenda

China State Construction Development Holdings Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 19, 2025. Key agenda items include the adoption of the 2024 financial statements, declaration of a final dividend, re-election of directors, and re-appointment of Ernst & Young as auditors. The AGM will also consider resolutions to authorize the board to manage share capital and director remuneration. This meeting is significant for stakeholders as it outlines the company’s financial health and strategic direction, impacting shareholder value and corporate governance.