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China Energy Engineering Corp. Ltd. Class H (3996) AI Stock Analysis
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China Energy Engineering Corp. Ltd. Class H
(HKEX:3996)
The score is held back primarily by weak financial quality—especially persistently negative free cash flow, deteriorating operating cash flow, and elevated leverage. Technicals also point to a sustained downtrend with negative MACD, despite very oversold RSI/Stoch readings. Valuation is a modest offset due to a ~3.8% dividend yield, but the P/E is only mid-range given the cash-flow risks.
China Energy Engineering Corp. Ltd. Class H (3996) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 104.28B
- Dividend Yield
- 3.81%
- Average Volume (3M)
- 13.61M
- Price to Earnings (P/E)
- 18.2
- Beta (1Y)
- 0.64
- Revenue Growth
- -0.79%
- EPS Growth
- -32.91%
- Country
- Hong Kong
- Employees
- 116,055
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Engineering & Construction
China Energy Engineering Corp. Ltd. Class H Business Overview & Revenue Model
Company Description
China Energy Engineering Corporation Limited (CEEC) delivers comprehensive solutions and expertise across the energy, power, and infrastructure sectors, serving clients both within the People's Republic of China and globally. Its extensive operations...
How the Company Makes Money
The company primarily makes money by delivering energy and infrastructure projects under contract. Its key revenue streams generally include: (1) Engineering services and consulting: fees earned for project planning, feasibility studies, surveys, eng...
China Energy Engineering Corp. Ltd. Class H Financial Statement Overview
Summary
Operating profitability is positive but thin, and recent momentum has weakened (TTM revenue growth turned negative and net margin compressed to ~1.2%). Leverage is elevated (debt-to-equity ~2.5x TTM), and the most material risk is persistently negative free cash flow with a sharp drop in operating cash flow in TTM, increasing reliance on external financing.
Income Statement
56NeutralBalance Sheet
45NeutralCash Flow
18Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 435.32B | 440.59B | 436.71B | 406.03B | 366.39B | 322.32B |
| Gross Profit | 53.58B | 51.59B | 53.90B | 51.31B | 45.50B | 42.41B |
| EBITDA | 27.21B | 28.03B | 27.52B | 26.89B | 25.07B | 21.07B |
| Net Income | 5.24B | 5.69B | 8.40B | 7.99B | 7.82B | 6.50B |
Balance Sheet | ||||||
| Total Assets | 992.58B | 942.22B | 869.00B | 783.16B | 664.35B | 528.86B |
| Cash, Cash Equivalents and Short-Term Investments | 89.55B | 94.42B | 91.58B | 77.71B | 78.39B | 61.49B |
| Total Debt | 379.56B | 359.17B | 290.34B | 244.19B | 192.97B | 124.10B |
| Total Liabilities | 782.07B | 740.18B | 663.18B | 594.90B | 496.86B | 379.13B |
| Stockholders Equity | 118.81B | 111.53B | 116.01B | 110.46B | 101.89B | 94.20B |
Cash Flow | ||||||
| Free Cash Flow | -31.71B | -28.58B | -34.49B | -21.64B | -12.05B | -5.20B |
| Operating Cash Flow | 1.63B | 12.03B | 11.03B | 9.49B | 7.93B | 8.84B |
| Investing Cash Flow | -24.89B | -32.10B | -50.34B | -41.53B | -49.03B | -18.65B |
| Financing Cash Flow | 26.79B | 21.05B | 53.36B | 36.05B | 52.32B | 12.32B |
China Energy Engineering Corp. Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3996, the sentiment is Negative. The current price of 0.94 is below the 20-day moving average (MA) of 1.00, below the 50-day MA of 1.03, and below the 200-day MA of 1.14, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 28.34 is Positive, neither overbought nor oversold. The STOCH value of 6.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3996.
China Energy Engineering Corp. Ltd. Class H Peers Comparison
Overall Rating
HK:061158Neutral
HK:238653Neutral
HK:180050Neutral- HK:399645Neutral
HK:039042Neutral
HK:161842Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:0611 | 58Neutral | HKD 657.47M | 4.43 | 6.94% | ― | ― | ― |
| HK:2386 | 53Neutral | HKD 23.66B | 12.89 | 4.87% | 7.00% | 14.07% | -35.89% |
| HK:1800 | 50Neutral | HKD 100.39B | 9.10 | 3.68% | 6.58% | -5.33% | -38.33% |
| HK:3996 | 45Neutral | HKD 104.28B | 18.17 | 4.43% | 3.81% | -0.79% | -32.91% |
| HK:0390 | 42Neutral | HKD 115.05B | 6.00 | 5.32% | 8.48% | -3.54% | -19.21% |
| HK:1618 | 42Neutral | HKD 55.37B | 96.09 | 0.62% | 4.83% | -17.69% | -74.52% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3996 | China Energy Engineering Corp. Ltd. Class H | 0.94 | -0.19 | -16.96% | |
| HK:1800 | China Communications Construction Co Class H | 3.31 | -1.55 | -31.95% | |
| HK:0390 | China Railway Group Class H | 3.09 | -0.60 | -16.37% | |
| HK:1618 | Metallurgical Corporation of China Ltd. Class H | 1.27 | -1.13 | -47.08% | |
| HK:0611 | China Nuclear Energy Technology Corporation Limited | 0.35 | -0.30 | -45.38% | |
| HK:2386 | SINOPEC Engineering (Group) Co., Ltd. Class H | 5.38 | -1.64 | -23.35% |
China Energy Engineering Corp. Ltd. Class H Corporate Events
China Energy Engineering Revamps Board After EGM Approvals
China Energy Engineering Corporation Limited held its first extraordinary general meeting of 2026 on 29 October in Beijing, where all resolutions proposed were approved by shareholders via poll. The meeting was conducted in compliance with PRC compan...
China Energy Engineering Issues Unaudited 2026 Q3 Report for Dual Listings
China Energy Engineering Corporation Limited has released its unaudited third quarterly report for 2026, prepared under Chinese Accounting Standards for Business Enterprises. The report covers the performance of the company and its subsidiaries, foll...
China Energy Engineering Posts Lower New Contracts But Grows Design and Manufacturing in Q3 2026
China Energy Engineering Corporation Limited reported major operating data for the third quarter of 2026, showing a total of RMB149.081 billion in newly signed contracts for the quarter and RMB662.269 billion for the year to date. Construction and co...
China Energy Engineering Updates Board and Committee Structure
China Energy Engineering Corporation Limited has updated its board composition, listing Chairman Ni Zhen as executive director, Huang Pu as employee director, three non-executive directors and four independent non-executive directors. The mix of exec...
China Energy Engineering Sets Board Meeting to Approve Q3 2026 Results
China Energy Engineering Corporation Limited has announced that its board of directors will convene on 29 October 2026 to review and approve the group’s third-quarter results for the nine months ended 30 September 2026. The meeting will cover t...
China Energy Engineering Calls EGM on Connected Deals, Merger Termination and Board Changes
China Energy Engineering Corporation Limited has convened its first extraordinary general meeting of 2026 to be held in Beijing on 29 October, open to H shareholders of record on that date. The meeting will use both onsite and online voting mechanism...
China Energy Engineering Revamps Board With New Non-Executive Directors
China Energy Engineering Corporation announced the retirement of non-executive director Liu Xueshi, who is stepping down due to age and leaving his role on the board’s remuneration and assessment committee. The board expressed gratitude for his...
China Energy Engineering Renews Connected Transaction Frameworks With Controlling Shareholder
China Energy Engineering Corporation Limited has renewed a series of continuing connected transaction framework agreements with its controlling shareholder, Energy Group, and its subsidiaries, covering financial services, financial leasing, private f...
China Energy Engineering Releases Reviewed 2026 Interim Results
China Energy Engineering Corporation Limited has released its unaudited interim results for the six months ended 30 June 2026, prepared under China Accounting Standards for Business Enterprises. The interim report has been reviewed and confirmed by t...
China Energy Engineering Sets Date to Approve Interim 2026 Results
China Energy Engineering Corporation Limited, a major PRC-based engineering and construction group in the power and broader energy infrastructure sectors, operates through numerous subsidiaries and is listed in Hong Kong. The company’s board in...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 31, 2026