1. Macau Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
MECOM Power & Construction Ltd.

MECOM Power & Construction Ltd.

HHKEX:1183
0.11
HKD
+0.00
(-4.50%)
537.40MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.11
0.13
0.11
0.16
0.15
0.12
0.18
0.23
0.33
0.37
0.38
0.46
- -
Basic EPS, GAAP
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.03
0.02
- -
- -
- -
- -
Free Cash Flow per Basic Share
0.02
0.02
0.02
0.01
-0.02
-0.01
0.01
0.03
-0.04
-0.05
0.01
0.02
- -
Dividend per Share
- -
0.01
0.02
0.01
0.02
0.01
0.02
0.02
0.03
- -
- -
- -
- -
Book Value per Share
0.02
0.04
0.04
0.05
0.11
0.11
0.11
0.11
0.1
0.09
0.09
0.1
0.1
Tangible Book Value per Share
0.02
0.04
0.04
0.05
0.11
0.11
0.11
0.11
0.1
0.09
0.09
0.1
0.1
Basic Weighted Avg Shares
4,050
4,050
4,050
4,050
3,955
4,046
4,040
4,022
4,007
3,994
3,986
3,981
3,981
Sales/Revenue/Turnover
446
543
465
659
598
499
707
912
1,342
1,496
1,507
1,851
- -
Operating Margin (%)
18.88
20.88
17.78
15.16
12.5
12.22
7.77
15.09
7.21
2.58
0.72
1.83
- -
Depreciation Expense
1
2
2
5
5
9
7
7
7
8
10
27
- -
Net Income, GAAP
73
97
68
78
55
56
51
126
81
-12
-3
15
- -
Effective Tax Rate (%)
13.43
14.2
17.99
9.78
14.5
12.04
10.6
12.48
10.6
49.79
46.31
31.76
- -
Profit Margin (%)
16.35
17.86
14.63
11.87
9.21
11.29
7.2
13.87
6.06
-0.77
-0.21
0.8
- -
Working Capital
83
150
149
186
425
405
387
387
356
255
229
240
240
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
32
94
74
74
Total Equity
93
159
165
202
451
463
439
448
483
480
482
511
511
Return on Invested Capital (%)
- -
64.79
33.91
34.8
14.3
10.54
10.14
26.13
16.29
1.4
0.57
1.71
- -
Return on Capital (%)
- -
77.26
42.02
42.63
16.85
12.33
11.29
28.53
14.04
-3.72
-0.65
1.92
- -
Return on Common Equity (%)
- -
77.26
42.02
42.63
16.85
12.33
11.29
28.53
19.27
-3
-0.83
3.9
- -

Capital Structure

MOP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
164
167
181
LT Borrowings
94
74
74
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,981
3,981
3,981
Market Capitalization
697
459
554

Working Capital

MOP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
792
815
934
Cash, Cash Equivalents & STI
61
117
122
Accounts Receivable, Net
419
327
496
Inventories
103
140
136
Total Current Liabilities
563
574
693
Payables & Accruals
- -
- -
- -
ST Debt
164
167
181
Deferred Revenue
- -
- -
- -

Growth Rates

MOP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.29%
3.14%
6.06%
Free Cash Flow
-23.84%
54.9%
330.75%
Net Income, GAAP
-70.64%
-130.91%
-579.79%
Sales/Revenue/Turnover
15.43%
22.22%
22.83%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,496
2024
- -
- -
1,507
2025
- -
- -
1,851

Semi-annual Earnings Per Share

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Dividends Per Share

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kun Tou Sou
Full Time Employees
542
Sector
Industrial services
Industry
Engineering & construction
Address
Praca Kin Heng Long-Heng Hoi Kuok Kin Fu Kuok Macau
IPO Date
Feb 13, 2018
Website
mecommacau.com
Similar Companies
Larsen & Toubro Limited (NSE:LT)
Engineers India Limited (NSE:ENGINERSIN)
Tekfen Holding Anonim Sirketi (BIST:TKFEN)
Enka Insaat ve Sanayi A.S. (BIST:ENKAI)
Quanta Services, Inc. (NYSE:PWR)
Sterling Infrastructure, Inc. (NASDAQ:STRL)
Business
MECOM Power and Construction Limited (1183.HK) operates as an investment holding company primarily engaged in power and construction-related businesses in Macau, mainland China, Hong Kong, and Southeast Asia. The company, founded in 2002 and headquartered in Macau, provides a range of services through its subsidiaries, including the design, construction, and maintenance of water supply, drainage, electricity, and gas distribution networks; electrical and mechanical engineering services; building construction; property leasing; and hotel management services. Its core offerings encompass infrastructure projects such as power substation construction, sewage treatment facilities, and smart city solutions, targeting government entities, utilities, and commercial clients in the utilities and construction sectors. [ from previous] In recent developments, MECOM Power and Construction expanded its operations through a strategic joint venture in 2024 for renewable energy projects in Southeast Asia and secured a major contract in late 2024 for electrical infrastructure upgrades in Macau's smart grid initiative, reflecting its shift toward sustainable energy solutions amid regional green transition demands. The company also completed the acquisition of a subsidiary focused on advanced engineering technologies in early 2025, enhancing its capabilities in digital construction management. These moves, alongside a HK$150 million funding round in mid-2025 from institutional investors, position MECOM to capitalize on infrastructure investments under China's Greater Bay Area development plan. [ from previous][ from previous]