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Hong Kong (HSI) Auto Industry Analysis
UpdatedDec 01, 2021
DataAggregated Company Financials
Companies10
- 7D-5.5%
- 3M4.4%
- 1Y47.8%
- YTD16.8%
Over the last 7 days, the Auto industry has dropped 5.5%, driven by a decline by Great Wall Motor of 11%. This takes the industry's 12 month performance to a gain of 48%.
Industry Valuation and Performance
Has the Hong Kong Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | HK$2.1t | HK$1.0t | HK$51.4b | 19.7x |
| Fri, 29 Oct 2021 | HK$2.2t | HK$1.0t | HK$55.0b | 19.3x |
| Sun, 26 Sep 2021 | HK$1.8t | HK$1.0t | HK$54.5b | 17.5x |
| Tue, 24 Aug 2021 | HK$2.1t | HK$1.0t | HK$62.6b | 16.9x |
| Wed, 30 Jun 2021 | HK$1.7t | HK$1.0t | HK$62.6b | 14x |
| Sat, 03 Apr 2021 | HK$1.3t | HK$957.1b | HK$59.6b | 11.1x |
| Tue, 05 Jan 2021 | HK$1.5t | HK$864.9b | HK$49.2b | 19.9x |
| Fri, 09 Oct 2020 | HK$903.5b | HK$784.7b | HK$44.9b | 16.2x |
| Thu, 02 Jul 2020 | HK$593.8b | HK$716.5b | HK$37.8b | 14.7x |
| Sun, 05 Apr 2020 | HK$554.1b | HK$698.4b | HK$39.1b | 12.5x |
| Wed, 08 Jan 2020 | HK$624.3b | HK$759.5b | HK$50.7b | 12.2x |
| Tue, 01 Oct 2019 | HK$598.0b | HK$744.9b | HK$50.8b | 10.4x |
| Fri, 05 Jul 2019 | HK$611.7b | HK$763.9b | HK$56.0b | 10.8x |
| Mon, 08 Apr 2019 | HK$656.2b | HK$797.2b | HK$60.4b | 10.6x |
| Thu, 10 Jan 2019 | HK$578.7b | HK$781.0b | HK$60.6b | 8.8x |
PE Ratio
8.9x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 19.7x which is higher than its 3-year average PE of 14.2x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Auto industry have declined 6.9% per year over the last three years, while revenues for these companies have grown 8.6% 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 Auto industry?
| Motorcycle Manufacturers | 4.61% | |
| Automobile Manufacturers | -5.70% | |
Industry PE: Investors are most optimistic about the Motorcycle Manufacturers industry which is trading above its 3-year average PE ratio of 23.4x. However analysts are expecting annual earnings growth of 30%, which is lower than the prior year's growth of 60% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Automobile Manufacturers industry, which is trading below its 3-year average of 12.6x.
Forecasted Growth: Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 34% over the next 5 years. This is better than it's past earnings growth rate of 18% per year. Meanwhile, the Motorcycle Manufacturers industry is expected to see its earnings grow by 30% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 1585 Yadea Group Holdings | 3.0%+HK$1.1b | -11.9% | PE28x | |
| 422 Vietnam Manufacturing and Export Processing (Holdings) | 1.9%+HK$4.5m | 10.4% | PS0.3x |
