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Hong Kong (HSI) Auto Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies13
  • 7D8.5%
  • 3M0.08%
  • 1Y-1.4%
  • YTD-1.5%

The Auto industry is up 8.5% in the last week, with BYD up 9.8%. In the same time, Qingling Motors was down 7.9%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Hong Kong Auto Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$1.2tHK$1.5tHK$66.9b12.9x17.2x0.8x
Wed, 14 Feb 2024HK$1.0tHK$1.5tHK$66.9b11.1x15.1x0.7x
Fri, 12 Jan 2024HK$1.1tHK$1.5tHK$65.2b13.9x16.7x0.7x
Sun, 10 Dec 2023HK$1.2tHK$1.5tHK$65.0b14.5x17.7x0.8x
Tue, 07 Nov 2023HK$1.3tHK$1.5tHK$64.1b17.1x20.4x0.9x
Thu, 05 Oct 2023HK$1.2tHK$1.4tHK$58.4b15.6x21.4x0.9x
Sat, 02 Sep 2023HK$1.3tHK$1.4tHK$58.9b17.1x22x0.9x
Mon, 31 Jul 2023HK$1.4tHK$1.3tHK$62.1b11.8x23.1x1.1x
Wed, 28 Jun 2023HK$1.3tHK$1.3tHK$61.5b10.1x21.6x1x
Fri, 26 May 2023HK$1.4tHK$1.3tHK$62.9b10.1x21.5x1x
Sun, 23 Apr 2023HK$1.3tHK$1.3tHK$62.5b7.8x21.1x1x
Tue, 21 Mar 2023HK$1.3tHK$1.2tHK$53.3b7.5x23.6x1.1x
Thu, 16 Feb 2023HK$1.5tHK$1.2tHK$53.6b10.2x27.8x1.3x
Sat, 14 Jan 2023HK$1.5tHK$1.2tHK$56.2b8x26.2x1.2x
Mon, 12 Dec 2022HK$1.4tHK$1.1tHK$54.1b8.5x26.6x1.3x
Wed, 09 Nov 2022HK$1.4tHK$1.1tHK$53.5b8x25.6x1.2x
Fri, 07 Oct 2022HK$1.3tHK$1.0tHK$45.1b8.1x28.8x1.3x
Sun, 04 Sep 2022HK$1.4tHK$1.0tHK$45.5b11.2x31.8x1.4x
Tue, 02 Aug 2022HK$1.8tHK$1.0tHK$45.9b12.3x38.6x1.7x
Thu, 30 Jun 2022HK$1.8tHK$1.0tHK$45.7b14x40x1.8x
Sat, 28 May 2022HK$1.6tHK$1.0tHK$45.5b12.6x35.2x1.6x
Mon, 25 Apr 2022HK$1.3tHK$1.0tHK$45.9b10.9x29x1.3x
Wed, 23 Mar 2022HK$1.4tHK$1.0tHK$51.8b10.7x26.8x1.4x
Fri, 18 Feb 2022HK$1.6tHK$1.0tHK$51.8b14.8x31.2x1.6x
Sun, 16 Jan 2022HK$1.8tHK$1.0tHK$51.6b18.2x34.1x1.7x
Tue, 14 Dec 2021HK$2.0tHK$1.0tHK$51.6b20.1x39.4x2x
Thu, 11 Nov 2021HK$2.1tHK$1.0tHK$51.3b19x41.6x2.1x
Sat, 09 Oct 2021HK$1.8tHK$1.0tHK$54.6b18.1x32.9x1.8x
Mon, 06 Sep 2021HK$2.1tHK$1.0tHK$54.4b25x38.1x2.1x
Wed, 04 Aug 2021HK$2.1tHK$1.0tHK$62.6b15.4x33.9x2.1x
Sat, 08 May 2021HK$1.3tHK$957.1bHK$59.6b12.1x21.9x1.4x
Price to Earnings Ratio

21.6x


Total Market Cap: HK$1.3tTotal Earnings: HK$59.6bTotal Revenue: HK$957.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Auto Industry Price to Earnings3Y Average 27x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Auto 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 17.2x which is lower than its 3-year average PE of 27.0x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Auto industry have grown 4.0% per year over the last three years.
  • Revenues for these companies have grown 17% 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 industry?

HK Market1.55%
Consumer Discretionary5.94%
Auto8.50%
Automobile Manufacturers8.53%
Motorcycle Manufacturers7.61%
Industry PE
  • Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 27.0x.
    • Analysts are expecting annual earnings growth of 17.3%, which is higher than its past year's earnings growth of 2.3% per year.
  • Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 24.9x.
Forecasted Growth
  • Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 73% per year.
  • In contrast, the Automobile Manufacturers industry is expected to see its earnings grow by 17% 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$216.809.8%
+HK$56.4b
8.9%PE20.2x
489 Dongfeng Motor GroupHK$3.7321.9%
+HK$5.5b
5.7%PE4.7x
1585 Yadea Group HoldingsHK$14.008.5%
+HK$3.3b
-21.2%PE15.8x
1114 Brilliance China Automotive HoldingsHK$5.1414.5%
+HK$3.3b
39.7%PE3.1x
1958 BAIC MotorHK$2.7217.2%
+HK$3.2b
32.7%PE4x
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Latest News

1958

HK$2.72

BAIC Motor

7D

17.2%

1Y

32.7%

489

HK$3.73

Dongfeng Motor Group

7D

21.9%

1Y

5.7%

1188

HK$0.019

Hybrid Kinetic Group

7D

-13.6%

1Y

n/a

1122

HK$0.58

Qingling Motors

7D

-7.9%

1Y

-42.0%

1211

HK$216.80

BYD

7D

9.8%

1Y

8.9%

2238

HK$3.46

Guangzhou Automobile Group

7D

7.5%

1Y

-26.4%

1114

HK$5.14

Brilliance China Automotive Holdings

7D

14.5%

1Y

39.7%