Narrative Update • Apr 21
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Auto Components Industry Analysis
UpdatedMay 07, 2026
DataAggregated Company Financials
Companies28
- 7D-1.1%
- 3M-10.6%
- 1Y39.8%
- YTD-5.4%
Over the last 7 days, the Auto Components industry has dropped 1.1%, driven by CALB Group declining 6.6%. Meanwhile, Johnson Electric Holdings actually outperformed within the industry, gaining 35% in the last week. This takes the industry's 12 month performance to a gain of 40%. Looking forward, earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Fri, 08 May 2026 | HK$232.3b | HK$350.6b | HK$8.0b | 13.6x | 29x | 0.7x |
| Sun, 05 Apr 2026 | HK$229.1b | HK$341.2b | HK$8.4b | 14.1x | 27.3x | 0.7x |
| Tue, 03 Mar 2026 | HK$263.6b | HK$328.8b | HK$10.1b | 11.5x | 26x | 0.8x |
| Thu, 29 Jan 2026 | HK$245.8b | HK$324.6b | HK$10.0b | 11.6x | 24.6x | 0.8x |
| Sat, 27 Dec 2025 | HK$221.6b | HK$321.1b | HK$9.9b | 12x | 22.4x | 0.7x |
| Mon, 24 Nov 2025 | HK$210.3b | HK$318.0b | HK$9.8b | 10.9x | 21.4x | 0.7x |
| Wed, 22 Oct 2025 | HK$212.5b | HK$308.5b | HK$9.8b | 11x | 21.7x | 0.7x |
| Fri, 19 Sep 2025 | HK$209.6b | HK$308.6b | HK$10.1b | 11.2x | 20.8x | 0.7x |
| Sun, 17 Aug 2025 | HK$169.1b | HK$325.3b | HK$10.3b | 11.7x | 16.4x | 0.5x |
| Tue, 15 Jul 2025 | HK$154.9b | HK$325.5b | HK$10.0b | 10.9x | 15.6x | 0.5x |
| Thu, 12 Jun 2025 | HK$146.2b | HK$324.8b | HK$9.9b | 9.6x | 14.7x | 0.5x |
| Sat, 10 May 2025 | HK$133.9b | HK$318.5b | HK$9.5b | 8.7x | 14x | 0.4x |
| Mon, 07 Apr 2025 | HK$137.6b | HK$316.7b | HK$9.5b | 9.4x | 14.5x | 0.4x |
| Wed, 05 Mar 2025 | HK$135.9b | HK$325.7b | HK$10.0b | 7.3x | 13.6x | 0.4x |
| Fri, 31 Jan 2025 | HK$114.3b | HK$327.2b | HK$10.0b | 7.3x | 11.4x | 0.3x |
| Sun, 29 Dec 2024 | HK$118.4b | HK$324.6b | HK$9.6b | 7x | 12.4x | 0.4x |
| Tue, 26 Nov 2024 | HK$97.0b | HK$326.4b | HK$10.2b | 7.1x | 9.5x | 0.3x |
| Thu, 24 Oct 2024 | HK$101.1b | HK$330.5b | HK$10.2b | 7.7x | 9.9x | 0.3x |
| Sat, 21 Sep 2024 | HK$95.5b | HK$334.8b | HK$10.3b | 7x | 9.2x | 0.3x |
| Mon, 19 Aug 2024 | HK$86.3b | HK$313.0b | HK$9.4b | 6x | 9.2x | 0.3x |
| Wed, 17 Jul 2024 | HK$108.1b | HK$309.6b | HK$9.4b | 7x | 11.5x | 0.3x |
| Fri, 14 Jun 2024 | HK$112.6b | HK$310.4b | HK$9.4b | 6.6x | 11.9x | 0.4x |
| Sun, 12 May 2024 | HK$114.5b | HK$311.4b | HK$9.4b | 6.6x | 12.2x | 0.4x |
| Tue, 09 Apr 2024 | HK$120.0b | HK$311.8b | HK$9.4b | 6.7x | 12.7x | 0.4x |
| Thu, 07 Mar 2024 | HK$112.1b | HK$299.1b | HK$10.1b | 7.6x | 11.1x | 0.4x |
| Sat, 03 Feb 2024 | HK$107.6b | HK$302.1b | HK$10.0b | 7.4x | 10.8x | 0.4x |
| Mon, 01 Jan 2024 | HK$123.4b | HK$301.8b | HK$9.9b | 7.5x | 12.4x | 0.4x |
| Wed, 29 Nov 2023 | HK$124.5b | HK$297.9b | HK$10.0b | 7.5x | 12.4x | 0.4x |
| Fri, 27 Oct 2023 | HK$118.2b | HK$292.2b | HK$9.4b | 8.4x | 12.6x | 0.4x |
| Sun, 24 Sep 2023 | HK$124.4b | HK$292.8b | HK$9.4b | 8.7x | 13.3x | 0.4x |
| Tue, 22 Aug 2023 | HK$124.3b | HK$269.9b | HK$8.9b | 10.5x | 14x | 0.5x |
| Thu, 20 Jul 2023 | HK$133.7b | HK$268.6b | HK$8.5b | 12x | 15.8x | 0.5x |
| Sat, 17 Jun 2023 | HK$121.3b | HK$272.3b | HK$8.6b | 12x | 14.1x | 0.4x |
| Mon, 15 May 2023 | HK$125.1b | HK$276.9b | HK$8.4b | 10.3x | 14.9x | 0.5x |
Price to Earnings Ratio
14.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Auto Components industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.0x which is higher than its 3-year average PE of 15.1x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
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 8.2% 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 | -0.53% | |
| Consumer Discretionary | -2.78% | |
| Auto Components | -1.14% | |
| Tires and Rubber | -1.11% | |
| Auto Parts and Equipment | -1.14% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry which is trading above its 3-year average PE ratio of 17.0x.
- Analysts are expecting annual earnings growth of 34.5%, which is higher than its past year's earnings growth of 6.5% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 5.3x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings growth rate of 6.5% per year.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 34% 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 | |
|---|---|---|---|---|---|
| 179 Johnson Electric Holdings | HK$28.22 | 35.0% +HK$6.8b | 101.9% | PE12.6x | |
| 425 Minth Group | HK$39.68 | 16.4% +HK$6.6b | 118.0% | PE15x | |
| 2632 Jiangsu New Vision Automotive Electronics | HK$116.00 | 36.5% +HK$3.8b | n/a | PS18.7x | |
| 1316 Nexteer Automotive Group | HK$5.28 | 9.8% +HK$1.2b | 1.3% | PE16.6x | |
| 2889 PATEO CONNECT Technology (Shanghai) | HK$140.00 | 3.6% +HK$720.0m | n/a | PS5.2x |