China State Construction International Holdings Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

China State Construction International Holdings Limited (HKG:3311) missed earnings with its latest yearly results, disappointing overly-optimistic forecasters. China State Construction International Holdings reported an earnings miss, with CN¥100b revenues falling 10% short of analyst models, and statutory earnings per share (EPS) of CN¥1.67 also coming in slightly below expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

Taking into account the latest results, the most recent consensus for China State Construction International Holdings from seven analysts is for revenues of CN¥104.2b in 2026. If met, it would imply a credible 3.8% increase on its revenue over the past 12 months. Statutory per-share earnings are expected to be CN¥1.63, roughly flat on the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥122.8b and earnings per share (EPS) of CN¥1.92 in 2026. It looks like sentiment has declined substantially in the aftermath of these results, with a real cut to revenue estimates and a real cut to earnings per share numbers as well.

View our latest analysis for China State Construction International Holdings

It'll come as no surprise then, to learn that the analysts have cut their price target 5.6% to HK$12.29. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on China State Construction International Holdings, with the most bullish analyst valuing it at HK$15.61 and the most bearish at HK$8.50 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await China State Construction International Holdings shareholders.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the China State Construction International Holdings' past performance and to peers in the same industry. It's pretty clear that there is an expectation that China State Construction International Holdings' revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 3.8% growth on an annualised basis. This is compared to a historical growth rate of 14% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.2% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than China State Construction International Holdings.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of China State Construction International Holdings' future valuation.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for China State Construction International Holdings going out to 2028, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 2 warning signs for China State Construction International Holdings (of which 1 is a bit unpleasant!) you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.