A summary of the collection
Contractors responsible for major Hong Kong building and RMAA projects (i.e. maintenance, warranty, alteration and addition) have been involved in building projects in Hong Kong for more than 40 years. The fair is mainly used as the general contractor to collect payment from customers on the basis of the contract of the relevant project and the completion of the site. Focus on project management, appoint subcontractors, develop engineering processes, manage construction materials, coordinate with customers or their clients, and control subcontractors as a whole.
According to the China Fuhao report, it is one of the largest construction companies in the Hong Kong Yuanyu Construction and RMAA industry in 2015, with a market share of about 1.5%. It is a collection of approved contractors from the Government and the public sector, including the Housing Committee, the Building Department, the Hospital Board and the Education Bureau.
Industry summary
According to the statistics of the Hong Kong government, the total value of RMAA in Hong Kong rose from 53.9 billion Hong Kong dollars in 2011 to 71.7 billion Hong Kong dollars in 2015, with a compound annual growth rate of 7.4 percent. The total value of China's rich China report is expected to increase from 73.3 billion Hong Kong dollars in 2016 to 80.8 billion Hong Kong dollars in 2020, with a combined annual growth rate of 2.5 percent.
According to the statistics of the Hong Kong government, the average daily wage of workers in the construction and insurance industry has increased from HK $1238 in 2011 to HK $1733 in 2015, with a complex annual growth rate of 8.8%. The number of words in the China report is expected to increase from HK $1779 in 2016 to HK $1990 by 2020 at a compound annual growth rate of 2.8%.
Cymbals
Collect information and note it on public projects, which have only a limited number of customers and are generally organized by government departments and institutions. If any public item delays, stops, cancels or reduces the number or value of contracts, it may have an adverse effect on the operating performance of the collection. In addition, the customers of the market may not be given new services, and they may not be able to obtain new customers.
Valuation
According to the IPO document, Jishi declared a special dividend of HK $200 million in October 2016 and paid it in November 2016. the unaudited consolidated tangible assets per share is between HK $0.407 and HK $0.456, taking into account the special dividend, calculated on the basis of more than 20.00 shares expected to be issued after the completion of the sale of outstanding shares.