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Hong Kong (HSI) Auto Components Industry Analysis
UpdatedJan 17, 2025
DataAggregated Company Financials
Companies26
- 7D1.8%
- 3M0.5%
- 1Y-7.5%
- YTD-1.4%
In the last week, the Auto Components industry is up 1.8%, with Minieye Technology up 13%. During this same period, the Launch Tech underperformed, falling 12%. In contrast, the industry has lost 7.5% in the last 12 months. As for the next few years, earnings are expected to grow by 19% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 18 Jan 2025 | HK$108.2b | HK$324.1b | HK$9.9b | 7.2x | 10.9x | 0.3x |
| Mon, 16 Dec 2024 | HK$118.0b | HK$326.0b | HK$9.6b | 6.9x | 12.3x | 0.4x |
| Wed, 13 Nov 2024 | HK$102.1b | HK$327.3b | HK$10.2b | 7.5x | 10.1x | 0.3x |
| Fri, 11 Oct 2024 | HK$105.5b | HK$332.5b | HK$10.3b | 8.2x | 10.3x | 0.3x |
| Sun, 08 Sep 2024 | HK$99.2b | HK$333.6b | HK$10.3b | 6.6x | 9.6x | 0.3x |
| Tue, 06 Aug 2024 | HK$87.7b | HK$313.4b | HK$9.5b | 5.7x | 9.2x | 0.3x |
| Thu, 04 Jul 2024 | HK$105.6b | HK$309.7b | HK$9.4b | 6.9x | 11.3x | 0.3x |
| Sat, 01 Jun 2024 | HK$119.1b | HK$311.1b | HK$9.5b | 6.8x | 12.6x | 0.4x |
| Mon, 29 Apr 2024 | HK$128.2b | HK$311.3b | HK$9.4b | 6.4x | 13.6x | 0.4x |
| Wed, 27 Mar 2024 | HK$121.4b | HK$299.7b | HK$10.0b | 7.7x | 12.1x | 0.4x |
| Fri, 23 Feb 2024 | HK$112.3b | HK$299.3b | HK$9.9b | 7.7x | 11.4x | 0.4x |
| Sun, 21 Jan 2024 | HK$109.6b | HK$300.9b | HK$9.9b | 7.2x | 11.1x | 0.4x |
| Tue, 19 Dec 2023 | HK$115.0b | HK$298.6b | HK$10.0b | 7.5x | 11.5x | 0.4x |
| Thu, 16 Nov 2023 | HK$121.3b | HK$295.5b | HK$9.9b | 7.5x | 12.2x | 0.4x |
| Sat, 14 Oct 2023 | HK$124.7b | HK$292.7b | HK$9.4b | 8.6x | 13.3x | 0.4x |
| Mon, 11 Sep 2023 | HK$123.4b | HK$292.1b | HK$9.4b | 9.1x | 13.2x | 0.4x |
| Wed, 09 Aug 2023 | HK$131.1b | HK$268.7b | HK$8.5b | 11.5x | 15.5x | 0.5x |
| Fri, 07 Jul 2023 | HK$127.8b | HK$268.2b | HK$8.5b | 11.9x | 15.1x | 0.5x |
| Sun, 04 Jun 2023 | HK$117.6b | HK$273.6b | HK$8.6b | 10.9x | 13.6x | 0.4x |
| Tue, 02 May 2023 | HK$125.6b | HK$278.5b | HK$8.4b | 10.7x | 14.9x | 0.5x |
| Thu, 30 Mar 2023 | HK$127.1b | HK$279.3b | HK$6.8b | 12.7x | 18.8x | 0.5x |
| Sat, 25 Feb 2023 | HK$129.0b | HK$261.7b | HK$5.1b | 14.3x | 25.5x | 0.5x |
| Mon, 23 Jan 2023 | HK$137.0b | HK$265.8b | HK$5.1b | 13.5x | 26.7x | 0.5x |
| Wed, 21 Dec 2022 | HK$125.7b | HK$258.9b | HK$5.0b | 12.9x | 25.2x | 0.5x |
| Fri, 18 Nov 2022 | HK$129.0b | HK$256.4b | HK$4.9b | 14.5x | 26.2x | 0.5x |
| Sun, 16 Oct 2022 | HK$145.0b | HK$253.4b | HK$5.2b | 13.9x | 28.1x | 0.6x |
| Tue, 13 Sep 2022 | HK$94.6b | HK$250.0b | HK$5.2b | 16.1x | 18.3x | 0.4x |
| Thu, 11 Aug 2022 | HK$99.3b | HK$260.1b | HK$6.9b | 13.9x | 14.4x | 0.4x |
| Sat, 09 Jul 2022 | HK$104.7b | HK$261.6b | HK$6.9b | 14.2x | 15.2x | 0.4x |
| Mon, 06 Jun 2022 | HK$88.4b | HK$262.8b | HK$6.9b | 13.2x | 12.8x | 0.3x |
| Wed, 04 May 2022 | HK$80.7b | HK$264.9b | HK$7.5b | 12.1x | 10.8x | 0.3x |
| Fri, 01 Apr 2022 | HK$85.7b | HK$252.8b | HK$8.2b | 19.5x | 10.4x | 0.3x |
| Sun, 27 Feb 2022 | HK$111.8b | HK$255.8b | HK$9.8b | 14.5x | 11.4x | 0.4x |
| Tue, 25 Jan 2022 | HK$128.8b | HK$254.4b | HK$9.7b | 16x | 13.3x | 0.5x |
Price to Earnings Ratio
13.3x
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 10.9x which is lower than its 3-year average PE of 14.6x.
- The industry is trading close to its 3-year average PS ratio of 0.40x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.4% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?
| HK Market | 1.10% | |
| Consumer Discretionary | 0.73% | |
| Auto Components | 1.78% | |
| Tires and Rubber | 5.20% | |
| Auto Parts and Equipment | 1.53% | |
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 15.4x.
- Analysts are expecting annual earnings growth of 19.9%, which is higher than its past year's earnings decline of 27.2% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 8.9x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 27% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 4.5% 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 | |
|---|---|---|---|---|---|
| 425 Minth Group | HK$15.48 | 5.2% +HK$875.3m | 27.3% | PE8.1x | |
| 819 Tianneng Power International | HK$7.94 | 6.3% +HK$529.3m | 34.3% | PE4.6x | |
| 3931 CALB Group | HK$12.52 | 2.3% +HK$496.2m | -21.4% | PE52.6x | |
| 1316 Nexteer Automotive Group | HK$3.18 | 5.0% +HK$376.5m | -16.1% | PE55.6x | |
| 1274 iMotion Automotive Technology (Suzhou) | HK$14.12 | 12.8% +HK$369.2m | -58.7% | PS2.3x |
