![Skyline Builders Group logo](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>)
May 2026
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Largest Construction & Engineering Public Companies in Hong Kong
Benchmark revenue and EBITDA valuation multiples for public comps like
Super X AI Technology, Phoenix Asia Holdings, Skyline Builders Group, Reitar Logtech Holdings and Ming Shing Group Holdings.
 | Super X AI Technology Ltd is an AI infrastructure solutions provider. Through its subsidiaries, SuperX offers a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company's services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, High-Voltage Direct Current (HVDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. The Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. | $11 | -8% | $456M | $440M | 122.4x | (39.6x) | ||
| Phoenix Asia Holdings Ltd operates its business through its indirectly wholly-owned Operating Subsidiary, It is engaged in substructure works, such as site formation, ground investigation and foundation works, in Hong Kong. To a lesser extent, the company also provides other construction services such as structural steelworks. | $13 | +257% | $273M | $271M | 36.8x | 200.7x | ||
| Skyline Builders Group Holding Ltd is an holding company operates through its subsidiary. It is a Public Works Contractor company undertaking roads and drainage in Hong Kong. Its construction activities mainly include public civil engineering works, such as road and drainage works, in Hong Kong. | $3 | -66% | $85M | $88M | 1.9x | 33.7x | ||
| Reitar Logtech Holdings Ltd provide one-stop solutions for logistics property operations in property development and redevelopment projects. It consists of two segments: construction management and engineering design services; and asset management and professional consultancy services in Hong Kong. Key revenue is generated from construction management and engineering design services. | $1 | -86% | $31M | $39M | 0.8x | 18.1x | ||
| Ming Shing Group Holdings Ltd is a holding company, which is principally operated through its indirectly wholly-owned Hong Kong Operating Subsidiaries, MS (HK) Engineering Limited and MS Engineering Co., Limited. It is engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. the company is mainly engaged in private-sector projects in Hong Kong. Its private sector projects mainly involve private residential developments and commercial developments. The project owners of its private sector projects are generally property developers, and its customers are generally main contractors and wet trades work subcontractors engaged under such projects. It derives maximum revenue from Private sector. | $2 | -52% | $24M | $31M | 0.9x | (6.0x) | ||
| OneConstruction Group Ltd is a structural steelwork contractor in Hong Kong. The company is engaged in the procurement and installation of structural steel for construction projects in Hong Kong. Its construction project includes performing site preparatory and preliminary works, developing detailed work schedules and work allocation plans, implementing construction site works, and conducting site safety supervision and quality control. | $1 | -73% | $15M | $35M | 0.7x | 20.4x | ||
| Masonglory Ltd is a a holding company and operates through subsidiary. It is engaged in the provision of wet trades services and other ancillary services as a subcontractor in Hong Kong. As a subcontractor, It provide customers with comprehensive wet trades works solutions, which principally include plastering on floors, ceilings and walls, tile laying on internal and external walls and floors, brick laying, floor screeding, and marble works. | $1 | -- | $8M | $8M | 0.3x | 5.2x | ||
| Median | $2 | -59% | $31M | $39M | 0.9x | 18.1x |
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