Header cover image

Hong Kong (HSI) Consumer Discretionary Sector Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies467
  • 7D-8.3%
  • 3M-20.7%
  • 1Y-42.5%
  • YTD-35.0%

Over the last 7 days, the Consumer Discretionary industry has dropped 8.3%, driven by a pullback from Meituan of 15%. Meanwhile, GOME Retail Holdings actually outperformed within the industry, gaining 37% in the last week. The industry has fallen 43% in the last year. Earnings are forecast to grow by 37% annually.

Sector Valuation and Performance

Has the Hong Kong Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022HK$4.5tHK$3.5tHK$80.0b9.5x56.2x1.3x
Tue, 25 Oct 2022HK$4.4tHK$3.3tHK$69.3b9x63.8x1.3x
Thu, 22 Sep 2022HK$4.9tHK$3.4tHK$70.0b9.7x69.7x1.4x
Sat, 20 Aug 2022HK$5.4tHK$3.5tHK$71.0b10.5x75.8x1.5x
Mon, 18 Jul 2022HK$5.8tHK$3.5tHK$69.1b10.6x83.3x1.6x
Wed, 15 Jun 2022HK$5.9tHK$3.5tHK$72.0b10.9x81.4x1.7x
Fri, 13 May 2022HK$5.0tHK$3.5tHK$66.1b10.3x75.8x1.4x
Sun, 10 Apr 2022HK$5.2tHK$3.6tHK$68.7b10.6x76.4x1.4x
Tue, 08 Mar 2022HK$5.2tHK$3.5tHK$48.3b10.1x107.2x1.5x
Thu, 03 Feb 2022HK$6.2tHK$3.5tHK$51.9b11x118.8x1.8x
Sat, 01 Jan 2022HK$6.6tHK$3.5tHK$51.4b12x128.4x1.9x
Mon, 29 Nov 2021HK$7.3tHK$3.4tHK$72.4b12.2x100.5x2.1x
Wed, 27 Oct 2021HK$7.6tHK$3.4tHK$72.2b13.1x105.4x2.2x
Fri, 24 Sep 2021HK$7.0tHK$3.4tHK$70.4b13x98.8x2.1x
Sun, 22 Aug 2021HK$6.8tHK$3.3tHK$83.2b13.1x82.2x2x
Fri, 09 Jul 2021HK$8.3tHK$3.3tHK$82.2b14.4x100.7x2.5x
Thu, 01 Apr 2021HK$7.3tHK$3.1tHK$58.8b13.7x123.5x2.3x
Sun, 03 Jan 2021HK$7.4tHK$2.8tHK$9.3b15.5x798.2x2.6x
Wed, 07 Oct 2020HK$5.3tHK$2.7tHK$38.8b15.2x136.5x2x
Tue, 30 Jun 2020HK$4.2tHK$2.7tHK$37.0b14.1x113.2x1.6x
Fri, 03 Apr 2020HK$3.3tHK$2.8tHK$84.4b12.4x39.1x1.2x
Mon, 06 Jan 2020HK$4.1tHK$3.0tHK$159.7b14x25.4x1.4x
Price to Earnings Ratio

24.1x


Total Market Cap: HK$3.9tTotal Earnings: HK$162.3bTotal Revenue: HK$2.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Consumer Discretionary Sector Price to Earnings3Y Average 148.7x202020212022
Current Industry PE
  • Investors are pessimistic on the Hong Kong Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 56.2x which is lower than its 3-year average PE of 149x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Consumer Discretionary sector?

HK Market-0.23%
Consumer Discretionary-8.27%
General Merchanise and Department Stores1.52%
Retail Distributors-0.99%
Leisure-1.12%
Consumer Durables-1.42%
Luxury-5.61%
Auto-5.92%
Consumer Services-7.46%
Auto Components-7.48%
Hospitality-8.48%
Specialty Stores-11.19%
Online Retail and Ecommerce-12.43%
Industry PE
  • Investors are most optimistic about the Leisure industry even though it's trading below its 3-year average PE ratio of 55.5x.
    • Analysts are expecting annual earnings growth of 38.3%, which is higher than its past year's earnings growth of 15.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 67% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the General Merchanise and Department Stores industry is expected to see its earnings grow by 8.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
493 GOME Retail HoldingsHK$0.1736.9%
+HK$1.5b
-75.8%PS0.2x
9863 Zhejiang Leapmotor TechnologyHK$20.003.7%
+HK$822.7m
n/aPS1.9x
2255 Haichang Ocean Park HoldingsHK$3.702.2%
+HK$649.1m
168.1%PE47.3x
2232 Crystal International GroupHK$2.2510.8%
+HK$627.6m
-18.2%PE4.7x
1999 Man Wah HoldingsHK$6.782.3%
+HK$587.7m
-46.4%PE11.3x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

3690

HK$136.60

Meituan

7D

-14.8%

1Y

-48.2%

1929

HK$13.06

Chow Tai Fook Jewellery Group

7D

-20.4%

1Y

-11.0%

1212

HK$4.98

Lifestyle International Holdings

7D

6.2%

1Y

8.0%

493

HK$0.17

GOME Retail Holdings

7D

36.9%

1Y

-75.8%

2020

HK$81.60

ANTA Sports Products

7D

-8.1%

1Y

-35.3%

1999

HK$6.78

Man Wah Holdings

7D

2.3%

1Y

-46.4%

2255

HK$3.70

Haichang Ocean Park Holdings

7D

2.2%

1Y

168.1%

27

HK$42.85

Galaxy Entertainment Group

7D

-6.6%

1Y

-7.2%

2331

HK$53.45

Li Ning

7D

-7.6%

1Y

-38.1%

2232

HK$2.25

Crystal International Group

7D

10.8%

1Y

-18.2%

1928

HK$17.34

Sands China

7D

-11.6%

1Y

-12.1%

1211

HK$172.30

BYD

7D

-6.7%

1Y

-42.9%