0939.HK construction Banks II, fundamental research analysis report.
(0939.HK) Construction Banks II current price 9.82 yuan, medium and long-term price trend (weekly KMA10) more, weekly K line current structure rise, recent price trend (daily K line MA10) more, daily K line current form shock. The medium- to long-term price trend of the Hang Seng China Enterprises Index (weekly K-line with a 10-period moving average) is leaning bullish. The medium- to long-term price trend of the Hang Seng Index (weekly K-line MA10) is bearish. During operations, the valuation is on the high side. Core indicators deducted non-ROE current 4.50, up -39.00 YoY. Core metrics Operating cash flow/net profit 2.08 for the period, up -70.57 YoY. Core indicator price-to-earnings ratio PE current 6.61, 17.45 percent YoY, 13.06 percent month-on-month. The core indicator price-to-book ratio PB was 0.58 in the current period, 18.30 percent YoY and 11.73 percent month-on-month. Key indicator: Manufacturing PMI new orders stood at 50.50 this period, placing it at the 48th percentile over the past 10 years, up 1.61% year-on-year and down 0.20% month-on-month.
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(0939.HK) Construction Banks II current price 9.82 yuan, medium and long-term price trend (weekly KMA10) more, weekly K line current structure rise, recent price trend (daily K line MA10) more, daily K line current form shock. The medium- to long-term price trend of the Hang Seng China Enterprises Index (weekly K-line with a 10-period moving average) is leaning bullish. The medium- to long-term price trend of the Hang Seng Index (weekly K-line MA10) is bearish. During operations, the valuation is on the high side. Core indicators deducted non-ROE current 4.50, up -39.00 YoY. Core metrics Operating cash flow/net profit 2.08 for the period, up -70.57 YoY. Core indicator price-to-earnings ratio PE current 6.61, 17.45 percent YoY, 13.06 percent month-on-month. The core indicator price-to-book ratio PB was 0.58 in the current period, 18.30 percent YoY and 11.73 percent month-on-month. Key indicator: Manufacturing PMI new orders stood at 50.50 this period, placing it at the 48th percentile over the past 10 years, up 1.61% year-on-year and down 0.20% month-on-month.