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Hong Kong (HSI) Auto Components Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies25
- 7D-3.7%
- 3M-3.6%
- 1Y-10.1%
- YTD-8.1%
Over the last 7 days, the Auto Components industry has dropped 3.7%, driven by a pullback from Minth Group of 9.5%. However, the industry is down 10% over the past year. Earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Hong Kong Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | HK$119.5b | HK$299.2b | HK$10.1b | 7.3x | 11.9x | 0.4x |
| Thu, 02 Nov 2023 | HK$115.4b | HK$292.4b | HK$9.4b | 8.1x | 12.3x | 0.4x |
| Sat, 30 Sep 2023 | HK$123.7b | HK$293.1b | HK$9.4b | 8.4x | 13.2x | 0.4x |
| Mon, 28 Aug 2023 | HK$121.7b | HK$274.7b | HK$9.3b | 9.7x | 13.1x | 0.4x |
| Wed, 26 Jul 2023 | HK$131.0b | HK$270.9b | HK$8.5b | 11.5x | 15.3x | 0.5x |
| Fri, 23 Jun 2023 | HK$118.7b | HK$270.6b | HK$8.5b | 11.1x | 13.9x | 0.4x |
| Sun, 21 May 2023 | HK$124.2b | HK$275.0b | HK$8.7b | 10.8x | 14.3x | 0.5x |
| Tue, 18 Apr 2023 | HK$130.3b | HK$279.9b | HK$8.2b | 13.6x | 15.9x | 0.5x |
| Thu, 16 Mar 2023 | HK$119.1b | HK$263.9b | HK$5.1b | 13.3x | 23.4x | 0.5x |
| Sat, 11 Feb 2023 | HK$143.4b | HK$265.8b | HK$5.1b | 14.8x | 27.9x | 0.5x |
| Mon, 09 Jan 2023 | HK$131.5b | HK$263.5b | HK$5.1b | 13.7x | 25.8x | 0.5x |
| Wed, 07 Dec 2022 | HK$126.6b | HK$258.1b | HK$4.9b | 13.9x | 25.6x | 0.5x |
| Fri, 04 Nov 2022 | HK$119.3b | HK$251.3b | HK$5.1b | 13.2x | 23.3x | 0.5x |
| Sun, 02 Oct 2022 | HK$79.5b | HK$244.7b | HK$5.1b | 13.9x | 15.7x | 0.3x |
| Tue, 30 Aug 2022 | HK$98.8b | HK$249.9b | HK$5.7b | 13.1x | 17.4x | 0.4x |
| Thu, 28 Jul 2022 | HK$102.4b | HK$259.7b | HK$6.9b | 14.3x | 14.9x | 0.4x |
| Sat, 25 Jun 2022 | HK$102.0b | HK$261.7b | HK$6.9b | 14.3x | 14.8x | 0.4x |
| Mon, 23 May 2022 | HK$83.6b | HK$261.9b | HK$6.9b | 12.3x | 12.1x | 0.3x |
| Wed, 20 Apr 2022 | HK$81.4b | HK$272.6b | HK$7.7b | 11.3x | 10.6x | 0.3x |
| Fri, 18 Mar 2022 | HK$86.3b | HK$253.5b | HK$9.1b | 13.5x | 9.5x | 0.3x |
| Sun, 13 Feb 2022 | HK$122.9b | HK$254.3b | HK$9.7b | 15.9x | 12.6x | 0.5x |
| Tue, 11 Jan 2022 | HK$132.3b | HK$253.6b | HK$9.7b | 16.4x | 13.6x | 0.5x |
| Thu, 09 Dec 2021 | HK$132.9b | HK$253.8b | HK$9.7b | 16.8x | 13.7x | 0.5x |
| Sat, 06 Nov 2021 | HK$125.0b | HK$249.8b | HK$9.7b | 15.2x | 12.9x | 0.5x |
| Mon, 04 Oct 2021 | HK$114.2b | HK$248.4b | HK$9.7b | 13x | 11.8x | 0.5x |
| Wed, 01 Sep 2021 | HK$129.9b | HK$247.5b | HK$9.6b | 14.4x | 13.5x | 0.5x |
| Thu, 08 Jul 2021 | HK$143.6b | HK$247.5b | HK$9.6b | 17.6x | 14.9x | 0.6x |
| Wed, 31 Mar 2021 | HK$137.0b | HK$228.9b | HK$8.4b | 17x | 16.3x | 0.6x |
| Sat, 02 Jan 2021 | HK$145.5b | HK$211.4b | HK$4.3b | 18.8x | 34x | 0.7x |
Price to Earnings Ratio
34x
Current Industry PE
- Investors are pessimistic on the Hong Kong Auto Components 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 11.9x which is lower than its 3-year average PE of 17.6x.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -3.21% | |
| Consumer Discretionary | -7.81% | |
| Auto Components | -3.71% | |
| Tires and Rubber | -0.32% | |
| Auto Parts and Equipment | -3.90% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry even though it's trading below its 3-year average PE ratio of 18.6x.
- Analysts are expecting annual earnings growth of 29.9%, which is lower than the prior year's growth of 43.9% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 10.4x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 30% over the next 5 years.
- However this is lower than its past earnings growth rate of 44% per year.
- In contrast, the Auto Parts and Equipment 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 | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3931 CALB Group | HK$18.30 | 0.4% +HK$141.8m | -5.6% | PE44.2x | |
| 1899 Xingda International Holdings | HK$1.53 | 1.3% +HK$33.2m | 1.3% | PE6.2x | |
| 2457 Buyang International Holding | HK$0.34 | 4.5% +HK$15.0m | n/a | PE7x | |
| 951 Chaowei Power Holdings | HK$1.43 | 0.7% +HK$11.0m | -17.3% | PE3.9x | |
| 1269 China First Capital Group | HK$0.041 | 7.9% +HK$5.5m | -53.9% | PS0.05x |
