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Chinese regional construction contractor; exact specialty (building vs. infrastructure) unconfirmed.
Chinese regional construction contractor; exact specialty (building vs. infrastructure) unconfirmed.
Moat: none
Headquarters: China · Employees: 1,761
Size Hongrun Construction (002062.SZ) is a China Industrials company (Engineering & Construction) with a market value of $1.45B, the 1674th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.90 on 6 Nov 2026.
Performance Over six months the shares fell 10.7%, against -15.2% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue fell 11.9% over the last twelve months (peer median +8.0%); the operating margin is 6.8% (peer median 5.8%).
Valuation It trades at 31.6× forward earnings against a peer median of 11.5× (4th most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is -13%, so the hurdle is +18 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.3 points above its cost of capital (7.7% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.20B | CN¥5.73B | CN¥5.90B | CN¥6.41B | CN¥8.53B |
| Revenue growth | — | -3% | -8% | -25% | — |
| Gross profit | CN¥849M | CN¥670M | CN¥933M | CN¥926M | CN¥1.15B |
| EBITDA | n/a | CN¥528M | CN¥570M | CN¥567M | CN¥838M |
| Net income | CN¥219M | CN¥280M | CN¥283M | CN¥339M | CN¥364M |
| Free cash flow | CN¥1.04B | CN¥929M | CN¥185M | CN¥786M | CN¥1.12B |
| Capital expenditure | CN¥139M | CN¥202M | CN¥255M | CN¥228M | CN¥116M |
| Total debt | CN¥2.70B | CN¥2.58B | CN¥2.70B | CN¥2.51B | CN¥3.28B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002062.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.1% | -5.9% | 4th lowest of 21 |
| 6-month return | -10.7% | -15.2% | 9th highest of 21 |
| Distance from 52-week high | -38.8% | -31.1% | 5th lowest of 21 |
| Revenue growth (TTM) | -11.9% | +8.0% | 4th lowest of 21 |
| Operating margin | 6.8% | 5.8% | 9th highest of 21 |
| Forward P/E | 31.6× | 11.5× | 4th most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 5.6% | -5.7% | 5th most demanding of 14 |
| Growth delivered (Del g) | -12.6% | +3.9% | lowest of 14 |
| Hurdle (Req g minus delivered) | +18.2 pp | -9.9 pp | 2nd most demanding of 14 |
| ROIC minus cost of capital | +0.3 pp | -0.5 pp | 10th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hongrun Construction 002062.SZ | China | $1.45B | -11% | -12% | 7% | 31.6× | 5.6% | -12.6% |
| Shaanxi Construction Engineering 600248.SS | China | $1.45B | -25% | -25% | 0% | 2.7× | n/a | n/a |
| SRG Global SRG.AX | Australia | $1.46B | +7% | +27% | 7% | 22.1× | 16.4% | +24.1% |
| Jiangxi Ganyue Expressway 600269.SS | China | $1.44B | -7% | +3% | 28% | n/a | -11.6% | +4.4% |
| Zhejiang Construction Investment 002761.SZ | China | $1.42B | -14% | -12% | 0% | n/a | 13.0% | +0.4% |
| Ruentex Engineering & Construction 2597.TW | Taiwan | $1.50B | +5% | +20% | 14% | n/a | -5.0% | +16.8% |
| Beijing Gehua CATV Network 600037.SS | China | $1.40B | -16% | +24% | -5% | 39.4× | n/a | n/a |
| Dl E&c 375500.KS | South Korea | $1.53B | -48% | -17% | 4% | 5.2× | -8.3% | -5.3% |
| Kepco Kps 051600.KS | South Korea | $1.37B | -34% | +6% | 9% | 12.6× | -6.1% | +3.9% |
| Farglory Land Development 5522.TW | Taiwan | $1.34B | -18% | +164% | 26% | 7.7× | -13.6% | +3.0% |
| Zhejiang Youpon Integrated Ceiling 002718.SZ | China | $1.58B | +12% | -18% | -5% | n/a | n/a | n/a |
| China CAMC Engineering 002051.SZ | China | $1.58B | -15% | +14% | 5% | 40.3× | n/a | n/a |
| VA Tech Wabag WABAG.NS | India | $1.32B | +33% | +20% | 11% | 27.1× | 34.6% | +6.8% |
| MIRAIT ONE 1417.T | Japan | $1.60B | -24% | +5% | 6% | 10.4× | -5.7% | +5.4% |
| Implenia IMPN.SW | Switzerland | $1.61B | +12% | -8% | 2% | 15.0× | 6.0% | -2.7% |
| Zhejiang Communications Technology 002061.SZ | China | $1.30B | -15% | -12% | 3% | 8.0× | -6.5% | +4.8% |
| Taiwan Cogeneration 8926.TW | Taiwan | $1.30B | +9% | +324% | 8% | n/a | n/a | n/a |
| Kumagai Gumi 1861.T | Japan | $1.30B | -20% | -4% | 6% | 9.0× | -9.2% | +1.6% |
| Lloyds Engineering Works LLOYDSENGG.NS | India | $1.29B | +36% | +83% | 11% | n/a | n/a | n/a |
| Shenzhen Urban Transport Technology 301091.SZ | China | $1.29B | -23% | +17% | 2% | 79.8× | n/a | n/a |
| Nippon Densetsu Kogyo 1950.T | Japan | $1.29B | -30% | +10% | 12% | 9.9× | -0.1% | +3.2% |