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Hong Kong (HSI) Consumer Discretionary Sector Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies442
  • 7D-3.0%
  • 3M-8.0%
  • 1Y-16.9%
  • YTD-8.2%

Over the last 7 days, the Consumer Discretionary industry has dropped 3.0%, driven by pullbacks in BYD and Laopu Gold of 1.8% and 14%, respectively. On the other hand Geely Automobile Holdings is actually up 11%. Overall the industry is down 17% in 12 months. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026HK$4.9tHK$5.1tHK$235.8b10x20.6x0.9x
Thu, 19 Feb 2026HK$5.3tHK$5.1tHK$221.5b10.7x23.7x1x
Sat, 17 Jan 2026HK$5.2tHK$5.1tHK$221.5b10.3x23.4x1x
Mon, 15 Dec 2025HK$5.2tHK$5.0tHK$218.9b10.6x23.7x1x
Wed, 12 Nov 2025HK$5.3tHK$5.0tHK$249.2b11.1x21.4x1.1x
Fri, 10 Oct 2025HK$5.6tHK$5.1tHK$251.5b10.7x22.1x1.1x
Sun, 07 Sep 2025HK$5.4tHK$4.7tHK$234.8b10.8x22.9x1.1x
Tue, 05 Aug 2025HK$5.3tHK$4.6tHK$248.1b11.1x21.2x1.1x
Thu, 03 Jul 2025HK$5.3tHK$4.6tHK$247.6b10.6x21.6x1.2x
Sat, 31 May 2025HK$5.3tHK$4.6tHK$242.3b10.8x22.1x1.2x
Mon, 28 Apr 2025HK$5.0tHK$4.5tHK$228.2b10x21.9x1.1x
Wed, 26 Mar 2025HK$5.2tHK$4.5tHK$228.9b10.9x22.7x1.2x
Fri, 21 Feb 2025HK$4.7tHK$4.3tHK$202.1b10.6x23.4x1.1x
Sun, 19 Jan 2025HK$4.2tHK$4.2tHK$199.4b10x20.8x1x
Tue, 17 Dec 2024HK$4.3tHK$4.3tHK$199.1b10.1x21.8x1x
Thu, 14 Nov 2024HK$4.4tHK$4.2tHK$192.4b9.4x23x1x
Sat, 12 Oct 2024HK$4.7tHK$4.3tHK$195.4b9.8x24x1.1x
Mon, 09 Sep 2024HK$3.6tHK$4.3tHK$195.6b8.7x18.5x0.8x
Wed, 07 Aug 2024HK$3.4tHK$4.1tHK$176.5b8.2x19.3x0.8x
Fri, 05 Jul 2024HK$3.8tHK$4.1tHK$173.6b9.1x21.6x0.9x
Sun, 02 Jun 2024HK$3.8tHK$4.0tHK$173.5b9.3x22.2x1x
Tue, 30 Apr 2024HK$3.9tHK$4.0tHK$172.9b9x22.6x1x
Thu, 28 Mar 2024HK$3.6tHK$4.0tHK$181.1b9.1x20.1x0.9x
Sat, 24 Feb 2024HK$3.4tHK$3.9tHK$156.7b9.5x21.9x0.9x
Mon, 22 Jan 2024HK$3.2tHK$3.9tHK$155.8b9.3x20.8x0.8x
Wed, 20 Dec 2023HK$3.5tHK$3.9tHK$155.8b10x22.4x0.9x
Fri, 17 Nov 2023HK$4.1tHK$3.8tHK$149.3b9.6x27.2x1.1x
Sun, 15 Oct 2023HK$4.1tHK$3.8tHK$141.4b9.7x29.1x1.1x
Tue, 12 Sep 2023HK$4.3tHK$3.8tHK$140.9b9.6x30.4x1.1x
Thu, 10 Aug 2023HK$4.7tHK$3.6tHK$123.9b10.5x37.7x1.3x
Sat, 08 Jul 2023HK$4.4tHK$3.6tHK$116.5b10.6x37.4x1.2x
Mon, 05 Jun 2023HK$4.4tHK$3.7tHK$116.8b10.4x37.6x1.2x
Wed, 03 May 2023HK$4.7tHK$3.8tHK$109.0b10.5x43.4x1.3x
Fri, 31 Mar 2023HK$4.9tHK$3.7tHK$109.9b10x44.2x1.3x
Price to Earnings Ratio

44.2x


Total Market Cap: HK$4.9tTotal Earnings: HK$109.9bTotal Revenue: HK$3.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Consumer Discretionary Sector Price to Earnings3Y Average 25.2x202420252026
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 20.6x which is lower than its 3-year average PE of 25.2x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 29% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

HK Market-4.78%
Consumer Discretionary-3.05%
Auto0.069%
Online Retail and Ecommerce0%0
General Merchandise and Department Stores-3.40%
Luxury-4.40%
Consumer Services-4.45%
Hospitality-4.49%
Specialty Stores-4.60%
Leisure-5.53%
Consumer Durables-5.69%
Auto Components-6.38%
Retail Distributors-6.99%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 36.3x.
    • Analysts expect its future annual earnings growth (25.0%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Retail Distributors industry is expected to see its earnings grow by 11% 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
1211 BYDHK$107.002.4%
+HK$22.8b
-17.5%PE22.4x
175 Geely Automobile HoldingsHK$20.9010.9%
+HK$22.2b
25.3%PE11.8x
3931 CALB GroupHK$31.0012.6%
+HK$6.2b
64.2%PE44.2x
2331 Li NingHK$22.008.6%
+HK$4.5b
29.6%PE17x
1585 Yadea Group HoldingsHK$12.6812.3%
+HK$4.2b
-15.2%PE18x

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