China State Construction International Holdings (3311) AI Stock Analysis

• Market Cap: $63.91B
• Dividend Yield: 5.24%
• Average Volume (3M): 4.14M
• Price to Earnings (P/E): 6.5
• Beta (1Y): 0.52
• Revenue Growth: 1.21%
• EPS Growth: 2.15%
• Country: HK
• Employees: 13,615
• Sector: Industrials
• Sector Strength: 90
• Industry: Engineering & Construction
• EPS (TTM): 1.86
• Shares Outstanding: 5,282,217,000
• 10 Day Avg. Volume: 4,620,061
• 30 Day Avg. Volume: 4,141,094
• PEG Ratio: 0.31
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -18.48
• 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: $14.99
• Price Target Upside: 23.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 71 Outperform
• Price Target: ―

China State Construction International Holdings has a solid financial performance with strong revenue and profitability but faces cash flow challenges and moderate leverage. Technical analysis indicates bearish sentiment, while valuation metrics suggest the stock is undervalued with a high dividend yield, making it appealing despite some financial concerns.

China State Construction International Holdings Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

China State Construction International Holdings generates revenue primarily through its construction and engineering services. The company secures contracts for large-scale infrastructure and building projects, which provide a steady stream of income as projects progress. Key revenue streams include civil engineering projects, such as roads, bridges, and tunnels, as well as residential and commercial building construction. Additionally, the company engages in public-private partnerships (PPPs) and investment projects, where it invests in and develops infrastructure assets, generating returns over the project's lifecycle. Strategic collaborations and partnerships with government bodies and private sector clients also contribute to its earnings, allowing it to leverage its expertise and expand its project portfolio.

China State Construction International Holdings Financial Statement Overview

Summary

China State Construction International Holdings shows strong revenue growth and profitability with effective cost management. However, the company faces challenges in cash flow, with historical negative free cash flow and liquidity concerns that need to be addressed for sustained growth. The balance sheet is stable, but leverage and equity proportion require improvement.

Income Statement

The company shows strong revenue growth with a consistent increase over the past years. Gross profit margin is solid at approximately 15.5% for 2024, indicating effective cost management. Net profit margin is healthy at 8.5%, reflecting good profitability. EBIT and EBITDA margins are also robust, suggesting strong operational efficiency.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 1.19, indicating manageable leverage. Return on Equity (ROE) is impressive at 13.2%, showcasing effective use of equity capital. The equity ratio stands at 27.2%, highlighting a stable capital structure but with room for improvement in equity proportion.

Cash Flow

Cash flow statements reveal challenges, with historical negative free cash flow and operating cash flow issues. The company needs to improve cash management to support long-term growth. Recent data shows zero operating and free cash flow for 2024, indicating potential liquidity concerns.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
115.11B	113.73B	101.98B	77.31B	62.46B
	Gross Profit
17.85B	16.32B	14.00B	11.96B	9.27B
	EBIT
15.02B	13.88B	11.63B	9.83B	7.53B
	EBITDA
15.76B	15.22B	13.85B	11.33B	7.78B
	Net Income Common Stockholders
9.73B	9.47B	8.25B	7.27B	6.42B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
31.81B	28.92B	24.35B	24.48B	22.52B
	Total Assets
271.60B	249.27B	228.85B	219.28B	186.81B
	Total Debt
87.57B	81.12B	82.55B	81.93B	68.12B
	Net Debt
56.82B	52.73B	59.05B	57.53B	45.67B
	Total Liabilities
195.18B	185.01B	168.85B	160.86B	136.33B
	Stockholders Equity
73.76B	61.72B	57.79B	56.45B	49.09B
Cash Flow		Free Cash Flow
0.00	-64.43M	-2.39B	-3.30B	-6.22B
	Operating Cash Flow
0.00	500.99M	-2.03B	-2.61B	-5.67B
	Investing Cash Flow
0.00	455.22M	-193.46M	-5.54B	-1.35B
	Financing Cash Flow
0.00	4.55B	2.72B	9.65B	5.71B

China State Construction International Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3311, the sentiment is Positive. The current price of 12.1 is above the 20-day moving average (MA) of 11.18, above the 50-day MA of 10.96, and above the 200-day MA of 11.46, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 71.84 is Negative, neither overbought nor oversold. The STOCH value of 93.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3311.

China State Construction International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3311	71 Outperform	$63.91B	6.51	14.62%	5.24%	1.21%	2.15%
Sector *	66 Neutral	$4.49B	12.34	5.40%	248.65%	4.13%	-12.33%
CRWOF		$17.98B	3.12	8.83%	6.36%	―	―
2E5		€7.09B	4.19	8.19%	4.50%	―	―
6MT		€6.93B	4.62	5.56%	5.80%	―	―
1NS		€2.86B	8.67	7.81%	7.47%	―	―
4AI		€1.51B	26.08	7.03%	―	―	―

China State Construction International Holdings Corporate Events

China State Construction International Holdings Announces 2025 AGM and Key Resolutions

China State Construction International Holdings Limited has announced its upcoming annual general meeting to be held electronically on June 13, 2025. Key resolutions include the adoption of financial statements for 2024, a final dividend declaration, re-election of directors, and re-appointment of Ernst & Young as auditors. The meeting will also consider authorizing the board to issue additional shares, which could impact the company’s capital structure and shareholder value.

China State Construction Reports Strong Q1 2025 Financial Performance

China State Construction International Holdings Limited announced its unaudited financial performance for the first quarter of 2025, reporting a revenue of approximately RMB22.89 billion and an operating profit of RMB3.96 billion. The company also recorded a new contract value of RMB50.51 billion and a backlog of RMB375.65 billion. The change in presentation currency from Hong Kong dollars to Renminbi aims to provide clearer financial insights to shareholders and investors. This update, based on internal records, highlights the company’s steady growth and strategic adjustments to enhance transparency and align with its operational currency.

China State Construction to Announce Q1 2025 Financial Results

China State Construction International Holdings Limited has announced a board meeting scheduled for April 25, 2025, to approve and publish the unaudited financial and operational results for the first quarter of 2025. This announcement is significant as it will provide insights into the company’s financial health and operational performance, potentially impacting its market position and stakeholder confidence.

China State Construction International Holdings Announces New Board Composition

China State Construction International Holdings Limited has announced a new composition of its board of directors, effective from March 22, 2025. The board now comprises eight directors, including a Chairman, a CEO, and several non-executive and independent non-executive directors. This restructuring includes the establishment of four committees: Audit, Remuneration, Nomination, and Sustainability, with designated members and chairpersons. This change in leadership and committee structure may impact the company’s governance and strategic direction.

China State Construction International Appoints New Non-Executive Director

China State Construction International Holdings Limited has announced the appointment of Mr. Ye Nan as a non-executive director, effective March 22, 2025. Mr. Ye, a certified public accountant with extensive experience in financial management, currently serves as the Financial Controller of China Orient Asset Management (International) Holdings Co., Limited. This strategic appointment is expected to enhance the company’s financial oversight and governance, potentially strengthening its position in the construction industry.

China State Construction Announces Final Dividend for 2024

China State Construction International Holdings Limited announced a final ordinary cash dividend of HKD 0.285 per share for the financial year ending December 31, 2024. The dividend will be paid on July 11, 2025, following shareholder approval on June 13, 2025. This announcement reflects the company’s stable financial performance and commitment to delivering shareholder value.

China State Construction International Reports 2024 Financial Results with Increased Profit

China State Construction International Holdings Limited announced its audited consolidated results for the year ended December 31, 2024, reporting a 2.1% increase in profit attributable to owners, reaching HK$9,361 million. The company also declared a total dividend of HK61.5 cents per share for the year, reflecting a positive financial performance and a slight increase in revenue and gross profit margin, which could strengthen its position in the construction industry.

China State Construction Completes HK$2,999 Million Share Subscription

China State Construction International Holdings Limited has completed a subscription of new shares under a general mandate, issuing 244,600,000 shares at HK$12.26 each, raising approximately HK$2,999 million. This move increases the Subscriber Group’s shareholding to 8.02% and is intended to support the company’s disclosed purposes, impacting its shareholding structure and potentially its market positioning.

China State Construction International Holdings Announces New Share Subscription

China State Construction International Holdings has entered into a Subscription Agreement to issue 244,600,000 new shares at HK$12.26 per share, raising approximately HK$2,999 million. The proceeds will be used to repay debts, invest in construction technologies, and support general corporate purposes. The Subscription is contingent on approval for listing and dealing in the new shares, and investors are advised to exercise caution as the completion is subject to conditions. This strategic move aims to strengthen the company’s financial position and enhance its market presence.

China State Construction International to Announce Annual Results

China State Construction International Holdings Limited has announced a board meeting scheduled for March 21, 2025, to approve the annual results for the year ending December 31, 2024, and to consider the recommendation for a final dividend. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and potential returns, impacting its market positioning and investor confidence.