Earnings Not Telling The Story For Great Wall Motor Company Limited (HKG:2333)
Jul 22
Hong Kong (HSI) Consumer Discretionary Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies453
- 7D-5.7%
- 3M-10.3%
- 1Y-23.4%
- YTD-0.5%
Over the last 7 days, the Consumer Discretionary industry has dropped 5.7%, driven by Meituan declining 8.4%. The industry has fallen 23% in the last year. Looking forward, earnings are forecast to grow by 19% annually.
Sector Valuation and Performance
Has the Hong Kong Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | HK$3.5t | HK$4.1t | HK$174.4b | 8.4x | 20.2x | 0.9x |
| Sun, 23 Jun 2024 | HK$3.9t | HK$4.0t | HK$174.5b | 9.4x | 22.1x | 1x |
| Tue, 21 May 2024 | HK$4.1t | HK$4.0t | HK$173.0b | 9.5x | 23.9x | 1x |
| Thu, 18 Apr 2024 | HK$3.6t | HK$4.0t | HK$169.1b | 8.8x | 21.4x | 0.9x |
| Sat, 16 Mar 2024 | HK$3.7t | HK$3.9t | HK$170.5b | 9.7x | 21.5x | 0.9x |
| Mon, 12 Feb 2024 | HK$3.2t | HK$3.9t | HK$157.0b | 9.1x | 20.4x | 0.8x |
| Wed, 10 Jan 2024 | HK$3.4t | HK$3.9t | HK$156.2b | 9.7x | 21.6x | 0.9x |
| Fri, 08 Dec 2023 | HK$3.6t | HK$3.9t | HK$153.6b | 9.7x | 23.5x | 0.9x |
| Sun, 05 Nov 2023 | HK$4.1t | HK$3.8t | HK$148.2b | 9.4x | 27.3x | 1.1x |
| Tue, 03 Oct 2023 | HK$4.1t | HK$3.8t | HK$141.5b | 9.3x | 29.1x | 1.1x |
| Thu, 31 Aug 2023 | HK$4.4t | HK$3.7t | HK$141.2b | 10x | 31.2x | 1.2x |
| Sat, 29 Jul 2023 | HK$4.8t | HK$3.6t | HK$124.1b | 10.7x | 38.5x | 1.3x |
| Mon, 26 Jun 2023 | HK$4.4t | HK$3.6t | HK$115.8b | 10.7x | 38.3x | 1.2x |
| Wed, 24 May 2023 | HK$4.6t | HK$3.7t | HK$107.1b | 10.3x | 42.6x | 1.2x |
| Fri, 21 Apr 2023 | HK$4.8t | HK$3.7t | HK$108.9b | 10.6x | 44.3x | 1.3x |
| Sun, 19 Mar 2023 | HK$4.6t | HK$3.5t | HK$97.6b | 9.7x | 47.2x | 1.3x |
| Tue, 14 Feb 2023 | HK$5.5t | HK$3.6t | HK$101.3b | 10.9x | 54x | 1.5x |
| Thu, 12 Jan 2023 | HK$5.6t | HK$3.7t | HK$101.7b | 10.5x | 55.4x | 1.5x |
| Sat, 10 Dec 2022 | HK$5.6t | HK$3.6t | HK$98.8b | 9.5x | 56.5x | 1.6x |
| Mon, 07 Nov 2022 | HK$4.6t | HK$3.5t | HK$76.8b | 8.8x | 60x | 1.3x |
| Wed, 05 Oct 2022 | HK$4.6t | HK$3.4t | HK$64.1b | 9.1x | 71.6x | 1.4x |
| Fri, 02 Sep 2022 | HK$5.2t | HK$3.4t | HK$71.4b | 10.2x | 73.1x | 1.5x |
| Sun, 31 Jul 2022 | HK$5.6t | HK$3.5t | HK$72.1b | 10.5x | 78.1x | 1.6x |
| Tue, 28 Jun 2022 | HK$6.3t | HK$3.5t | HK$71.6b | 11.2x | 87.5x | 1.8x |
| Thu, 26 May 2022 | HK$5.2t | HK$3.5t | HK$75.4b | 10.3x | 69.3x | 1.5x |
| Sat, 23 Apr 2022 | HK$5.0t | HK$3.6t | HK$67.7b | 10.8x | 74.4x | 1.4x |
| Mon, 21 Mar 2022 | HK$5.1t | HK$3.5t | HK$60.1b | 10.1x | 84.9x | 1.5x |
| Wed, 16 Feb 2022 | HK$6.3t | HK$3.5t | HK$50.7b | 11.2x | 123.9x | 1.8x |
| Fri, 14 Jan 2022 | HK$6.5t | HK$3.5t | HK$52.3b | 11.4x | 123.8x | 1.9x |
| Sun, 12 Dec 2021 | HK$7.1t | HK$3.4t | HK$54.4b | 12.1x | 130.4x | 2.1x |
| Tue, 09 Nov 2021 | HK$7.4t | HK$3.4t | HK$68.6b | 12.7x | 107.8x | 2.2x |
| Thu, 07 Oct 2021 | HK$6.6t | HK$3.4t | HK$70.9b | 12.6x | 93.2x | 1.9x |
| Sat, 04 Sep 2021 | HK$7.5t | HK$3.3t | HK$83.2b | 13.3x | 90.2x | 2.2x |
| Mon, 02 Aug 2021 | HK$7.4t | HK$3.3t | HK$83.2b | 13.1x | 88.7x | 2.2x |
Price to Earnings Ratio
88.7x
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 20.2x which is lower than its 3-year average PE of 59.3x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have grown 28% per year over the last three years.
- Revenues for these companies have grown 7.0% 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 | -3.89% | |
| Consumer Discretionary | -5.65% | |
| Retail Distributors | 3.85% | |
| Leisure | 2.37% | |
| Online Retail and Ecommerce | 0% | |
| General Merchandise and Department Stores | -2.08% | |
| Auto | -3.91% | |
| Luxury | -4.80% | |
| Consumer Durables | -5.23% | |
| Consumer Services | -5.45% | |
| Specialty Stores | -5.61% | |
| Auto Components | -6.10% | |
| Hospitality | -8.34% | |
Industry PE
- Investors are most optimistic about the Hospitality industry which is trading above its 3-year average PE ratio of 23.1x.
- Analysts are expecting annual earnings growth of 28.3%, which is lower than the prior year's growth of 32.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 28% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Luxury industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1913 Prada | HK$53.35 | 1.3% +HK$1.8b | -5.2% | PE24x | |
| 2531 GL-Carlink Technology Holding | HK$10.92 | 53.2% +HK$1.4b | n/a | PE72.7x | |
| 1114 Brilliance China Automotive Holdings | HK$3.97 | 4.5% +HK$857.7m | -2.0% | PE2.4x | |
| 2473 XXF Group Holdings | HK$6.29 | 28.1% +HK$711.6m | n/a | PE27.3x | |
| 1005 Matrix Holdings | HK$1.44 | 188.0% +HK$710.8m | -43.3% | PS1.5x |
