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Hong Kong (HSI) Auto Industry Analysis

UpdatedDec 01, 2023
DataAggregated Company Financials
  • 7D-9.1%
  • 3M-6.4%
  • 1Y-1.1%
  • YTD-2.1%

Over the last 7 days, the Auto industry has dropped 9.1%, driven by a pullback from BYD of 9.8%. Meanwhile, Dongfeng Motor Group actually outperformed within the industry, gaining 7.6% in the last week. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Dec 2023HK$1.2tHK$1.5tHK$65.3b15.8x18.1x0.8x
Sun, 29 Oct 2023HK$1.3tHK$1.4tHK$58.5b16.3x22x0.9x
Tue, 26 Sep 2023HK$1.3tHK$1.4tHK$58.2b16.5x22x0.9x
Thu, 24 Aug 2023HK$1.2tHK$1.3tHK$61.8b10.4x19.3x0.9x
Sat, 22 Jul 2023HK$1.4tHK$1.3tHK$62.0b10.9x22.1x1x
Mon, 19 Jun 2023HK$1.4tHK$1.3tHK$62.2b10.4x22.4x1.1x
Wed, 17 May 2023HK$1.4tHK$1.4tHK$63.8b10.8x21.7x1x
Fri, 14 Apr 2023HK$1.3tHK$1.3tHK$64.3b6.8x20.5x1x
Sun, 12 Mar 2023HK$1.3tHK$1.2tHK$53.1b8.2x24.6x1.1x
Tue, 07 Feb 2023HK$1.5tHK$2.6tHK$140.2b5x11x0.6x
Thu, 05 Jan 2023HK$1.4tHK$1.2tHK$55.0b7.8x24.8x1.2x
Sat, 03 Dec 2022HK$1.4tHK$1.1tHK$53.4b8.8x25.4x1.2x
Mon, 31 Oct 2022HK$1.2tHK$1.1tHK$53.0b7x22.3x1.1x
Wed, 28 Sep 2022HK$1.4tHK$993.0bHK$43.9b10.7x30.8x1.4x
Fri, 26 Aug 2022HK$1.6tHK$1.0tHK$44.1b11.2x36.8x1.6x
Sun, 24 Jul 2022HK$1.7tHK$1.0tHK$45.8b12.1x38x1.7x
Tue, 21 Jun 2022HK$1.8tHK$1.0tHK$45.7b13.7x40x1.8x
Thu, 19 May 2022HK$1.5tHK$1.0tHK$45.5b12.1x34x1.5x
Sat, 16 Apr 2022HK$1.4tHK$1.0tHK$46.8b10.9x29.7x1.3x
Mon, 14 Mar 2022HK$1.3tHK$1.0tHK$52.0b10.6x25.7x1.3x
Wed, 09 Feb 2022HK$1.6tHK$1.0tHK$51.6b15.3x30.8x1.6x
Fri, 07 Jan 2022HK$1.7tHK$1.0tHK$51.6bn/a33.8x1.7x
Sun, 05 Dec 2021HK$2.1tHK$1.0tHK$51.5b19.7x40.1x2x
Tue, 02 Nov 2021HK$1.9tHK$1.0tHK$51.1b18.4x37x1.9x
Thu, 30 Sep 2021HK$1.7tHK$1.0tHK$54.5b17.6x31.8x1.7x
Sat, 28 Aug 2021HK$2.1tHK$1.0tHK$62.6b18.4x33.2x2.1x
Sun, 04 Jul 2021HK$1.7tHK$1.0tHK$62.6b14x27.7x1.7x
Wed, 07 Apr 2021HK$1.3tHK$957.1bHK$59.6b11.1x21.6x1.3x
Sat, 09 Jan 2021HK$1.5tHK$864.9bHK$49.2b19.9x31.5x1.8x
Price to Earnings Ratio


Total Market Cap: HK$1.3tTotal Earnings: HK$44.9bTotal Revenue: HK$784.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Auto Industry Price to Earnings3Y Average 28.5x202120222023
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 18.1x which is lower than its 3-year average PE of 28.5x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.78x.
Past Earnings Growth
  • The earnings for companies in the Auto industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 24% 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 Market-3.36%
Consumer Discretionary-8.30%
Motorcycle Manufacturers-4.22%
Automobile Manufacturers-9.32%
Industry PE
  • Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 28.5x.
    • Analysts are expecting annual earnings growth of 20.3%, 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 27.8x.
Forecasted Growth
  • Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 21% 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 20% 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
489 Dongfeng Motor GroupHK$3.967.6%
9863 Zhejiang Leapmotor TechnologyHK$40.202.9%
2451 Luyuan Group Holding (Cayman)HK$7.322.7%
1114 Brilliance China Automotive HoldingsHK$4.300.2%
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