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Horizon Construction Development Limited (HK:9930)
:9930
See the Price Targets and Ratings of:
9930 Financial Forecast
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
TipRanks
HK$1.5
Buy
29.31%
Upside
Reiterated
06/14/25
Horizon Construction Development Limited receives a moderate score, driven by strong financial performance due to revenue growth and stable profitability. The valuation is attractive, offering a high dividend yield and a low P/E ratio, appealing for value investors. However, technical analysis signals are mixed, indicating potential short-term volatility.
CMB International Securities
HK$3.6
Buy
210.34%
Upside
Reiterated
08/09/24
We therefore forecast the net debt/equity ratio to rebound in 2024E. We revise down our 2024E/25E/26E earnings forecast by 2%/10%/12%, largely due to higher finance expense projections. We slightly cut our TP to HK$3.6 from HK$3.7, based on unchanged 10x 2024E P/E. Trading at <4x 2024E P/E, we think the downside risk is limited. Key highlights in 1H24 results: Revenue grew 16% YoY to RMB4.9bn. Gross margin contracted 2.1ppt YoY to 32%, as the 6.3ppt margin expansion of engineering service segment was offset by the contraction of operating lease (-2.5ppt) and asset management segment (-5.3ppt). Selling & distribution expense ratio increased 2.5ppt YoY to 5.4%. The net expected credit loss (ECL) ratio slightly dropped 0.5ppt YoY to 3.5%.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TipRanks
HK$1.5
Buy
29.31%
Upside
Reiterated
06/14/25
Horizon Construction Development Limited receives a moderate score, driven by strong financial performance due to revenue growth and stable profitability. The valuation is attractive, offering a high dividend yield and a low P/E ratio, appealing for value investors. However, technical analysis signals are mixed, indicating potential short-term volatility.
CMB International Securities
HK$3.6
Buy
210.34%
Upside
Reiterated
08/09/24
We therefore forecast the net debt/equity ratio to rebound in 2024E. We revise down our 2024E/25E/26E earnings forecast by 2%/10%/12%, largely due to higher finance expense projections. We slightly cut our TP to HK$3.6 from HK$3.7, based on unchanged 10x 2024E P/E. Trading at <4x 2024E P/E, we think the downside risk is limited. Key highlights in 1H24 results: Revenue grew 16% YoY to RMB4.9bn. Gross margin contracted 2.1ppt YoY to 32%, as the 6.3ppt margin expansion of engineering service segment was offset by the contraction of operating lease (-2.5ppt) and asset management segment (-5.3ppt). Selling & distribution expense ratio increased 2.5ppt YoY to 5.4%. The net expected credit loss (ECL) ratio slightly dropped 0.5ppt YoY to 3.5%.
Best Analysts Covering Horizon Construction Development Limited
1 Month
xxx
Success Rate
4/7 ratings generated profit
Average Return
-2.61%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 57.14% of your transactions generating a profit, with an average return of -2.61% per trade.
3 Months
xxx
Success Rate
3/7 ratings generated profit
Average Return
-1.49%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 42.86% of your transactions generating a profit, with an average return of -1.49% per trade.
1 Year
2 Years
xxx
Success Rate
0/7 ratings generated profit
Average Return
-23.90%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -23.90% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
9930 Analyst Recommendation Trends
Rating
Apr 24
Jul 24
Aug 24
Oct 24
Mar 25
Strong Buy
3
3
4
3
4
Buy
0
0
0
1
1
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
3
4
4
5
Each month's total comprises the sum of three months' worth of ratings.
9930 Stock Forecast FAQ
What is HK:9930’s average 12-month price target, according to analysts?
Based on analyst ratings, Horizon Construction Development Limited’s 12-month average price target is 2.20.
What is HK:9930’s upside potential, based on the analysts’ average price target?
Horizon Construction Development Limited has 89.66% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Horizon Construction Development Limited a Buy, Sell or Hold?
Horizon Construction Development Limited has a consensus rating of Moderate Buy, which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
What is Horizon Construction Development Limited’s share price target?
The average share price target for Horizon Construction Development Limited is 2.20. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$2.20 ,and the lowest forecast is HK$2.20. The average share price target represents 89.66% Increase from the current price of HK$1.16.
The highest analyst share price target is HK$2.20 ,and the lowest forecast is HK$2.20. The average share price target represents 89.66% Increase from the current price of HK$1.16.
What do analysts say about Horizon Construction Development Limited?
Horizon Construction Development Limited’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 0 Wall Streets Analysts.
How can I buy shares of Horizon Construction Development Limited?
To buy shares of HK:9930, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.