9930.HK
Price:
$1.14
Market Cap:
$3.58B
Horizon Construction Development Limited operates as an investment holding company that provides equipment operation services in the People's Republic of China. The company also provides operating lease services that cover various types of equipment and materials, including aerial work platforms, neo-excavation support systems, neo-formwork systems, and other equipment. In addition, the company offers engineering and technical services, platforms, and other services comprising the sale of equipment, materials, and spare parts. The company was founded in 2011 and is based in Tianjin, China. Horizon Construction Development Limited operates as a subsidiary of Far East Horizon Limited.
Industry
Rental & Leasing Services
IPO Date
2023-05-25
Stock Exchange
HKSE
Ticker
9930.HK
According to Horizon Construction Development’s latest financial reports and current stock price. The company's current ROE is 6.32%. This represents a change of 56.05% compared to the average of 4.05% of the last 4 quarters.
The mean historical ROE of Horizon Construction Development over the last ten years is 77.45%. The current 6.32% ROE has changed -91.85% with respect to the historical average. Over the past ten years (40 quarters), 9930.HK's ROE was at its highest in in the December 2022 quarter at 8.53%. The ROE was at its lowest in in the June 2022 quarter at 0%.
Average
77.45%
Median
9.96%
Minimum
7.82%
Maximum
472.26%
Discovering the peaks and valleys of Horizon Construction Development ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.96%
Maximum Annual ROE = 472.26%
Minimum Annual Increase = -98.21%
Minimum Annual ROE = 7.82%
| Year | ROE | Change |
|---|---|---|
| 2024 | 7.82% | -12.40% |
| 2023 | 8.93% | -10.32% |
| 2022 | 9.96% | -15.66% |
| 2021 | 11.81% | 39.58% |
| 2020 | 8.46% | -98.21% |
| 2019 | 472.26% | 1.96% |
The current ROE of Horizon Construction Development (9930.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.90%
5-year avg
9.39%
10-year avg
77.45%
Horizon Construction Development’s ROE is less than China Aircraft Leasing Group Holdings Limited (5.60%), less than LC Logistics Inc (33.21%), less than Datang Environment Industry Group Co., Ltd. (5.44%), less than Qilu Expressway Company Limited (7.19%), less than Chengdu Expressway Co., Ltd. (10.56%), less than Pico Far East Holdings Limited (16.34%), less than Canggang Railway Limited (7.67%), less than Tianjin Development Holdings Limited (4.75%), less than China State Construction Development Holdings Limited (16.94%), less than Tianjin Port Development Holdings Limited (4.44%),
| Company | ROE | Market cap |
|---|---|---|
| 5.60% | $3.48B | |
| 33.21% | $2.91B | |
| 5.44% | $3.59B | |
| 7.19% | $3.64B | |
| 10.56% | $3.49B | |
| 16.34% | $3.42B | |
| 7.67% | $2.68B | |
| 4.75% | $2.63B | |
| 16.94% | $2.80B | |
| 4.44% | $4.25B |
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