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Hong Kong (HSI) Auto Parts and Equipment Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies23
  • 7D-1.2%
  • 3M9.2%
  • 1Y-22.7%
  • YTDn/a

Over the last 7 days, the Auto Parts and Equipment industry has dropped 1.8%, driven by a pullback from Minth Group of 3.3%. Meanwhile, Launch Tech actually outperformed within the industry, gaining 20% in the last week. However, the industry is down 23% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024HK$93.4bHK$302.1bHK$8.0b9x11.6x0.3x
Sat, 19 Oct 2024HK$91.7bHK$306.1bHK$8.1b8.4x11.3x0.3x
Mon, 16 Sep 2024HK$84.9bHK$308.0bHK$8.1b6.9x10.5x0.3x
Wed, 14 Aug 2024HK$80.7bHK$289.4bHK$7.9b6.7x10.2x0.3x
Fri, 12 Jul 2024HK$100.5bHK$286.8bHK$7.8b7.3x12.9x0.4x
Sun, 09 Jun 2024HK$104.7bHK$287.5bHK$7.8b7.4x13.3x0.4x
Tue, 07 May 2024HK$105.2bHK$288.7bHK$7.8b7.4x13.5x0.4x
Thu, 04 Apr 2024HK$112.5bHK$288.4bHK$7.8b7.5x14.4x0.4x
Sat, 02 Mar 2024HK$107.8bHK$278.5bHK$9.1b8.6x11.9x0.4x
Mon, 29 Jan 2024HK$101.1bHK$279.6bHK$8.9b8.2x11.4x0.4x
Wed, 27 Dec 2023HK$113.6bHK$279.8bHK$8.9b8.9x12.8x0.4x
Fri, 24 Nov 2023HK$120.4bHK$277.5bHK$9.0b9.9x13.4x0.4x
Sun, 22 Oct 2023HK$113.6bHK$272.0bHK$8.4b10.5x13.6x0.4x
Tue, 19 Sep 2023HK$117.9bHK$272.4bHK$8.4b11.5x14.1x0.4x
Thu, 17 Aug 2023HK$116.8bHK$249.4bHK$8.0b11.5x14.6x0.5x
Sat, 15 Jul 2023HK$127.7bHK$250.5bHK$7.7b13.8x16.5x0.5x
Mon, 12 Jun 2023HK$110.7bHK$251.5bHK$7.8b11.2x14.2x0.4x
Wed, 10 May 2023HK$116.6bHK$256.4bHK$7.6b11.5x15.4x0.5x
Fri, 07 Apr 2023HK$89.4bHK$257.8bHK$7.6b11x11.7x0.3x
Sun, 05 Mar 2023HK$125.4bHK$241.5bHK$4.7b10.7x26.9x0.5x
Tue, 31 Jan 2023HK$140.1bHK$245.3bHK$4.7b11.7x29.5x0.6x
Thu, 29 Dec 2022HK$120.3bHK$237.9bHK$4.6b11.6x26.2x0.5x
Sat, 26 Nov 2022HK$111.4bHK$233.6bHK$4.5b12.9x24.9x0.5x
Mon, 24 Oct 2022HK$136.0bHK$231.7bHK$4.7b12.7x28.6x0.6x
Wed, 21 Sep 2022HK$86.5bHK$226.7bHK$4.7b14.3x18.4x0.4x
Fri, 19 Aug 2022HK$93.2bHK$238.4bHK$5.5b13.9x16.8x0.4x
Sun, 17 Jul 2022HK$91.8bHK$238.8bHK$6.3b14.4x14.6x0.4x
Tue, 14 Jun 2022HK$82.8bHK$240.1bHK$6.3b12.7x13.1x0.3x
Thu, 12 May 2022HK$70.2bHK$239.9bHK$6.8b10.9x10.4x0.3x
Sat, 09 Apr 2022HK$76.9bHK$250.3bHK$7.0b11.8x10.9x0.3x
Mon, 07 Mar 2022HK$94.0bHK$235.0bHK$8.8b16.9x10.7x0.4x
Wed, 02 Feb 2022HK$114.6bHK$233.3bHK$8.8b17.6x13.1x0.5x
Fri, 31 Dec 2021HK$120.3bHK$233.1bHK$8.7b16.7x13.7x0.5x
Sun, 28 Nov 2021HK$128.1bHK$232.5bHK$8.7b17.8x14.7x0.6x
Price to Earnings Ratio

14.7x


Total Market Cap: HK$128.1bTotal Earnings: HK$8.7bTotal Revenue: HK$232.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Auto Parts and Equipment Industry Price to Earnings3Y Average 15.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Auto Parts and Equipment 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 11.6x which is lower than its 3-year average PE of 15.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
  • The earnings for companies in the Auto Parts and Equipment industry have declined 2.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.1% 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 Comparison

How does Hong Kong Auto Parts and Equipment compare with similar industries?

HK Market0.42%
Consumer Discretionary-1.22%
Auto Components-1.28%
Auto Parts and Equipment-1.17%
Tires and Rubber-2.63%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3931 CALB GroupHK$12.483.5%
+HK$744.4m		-32.4%PE51.9x
425 Minth GroupHK$14.002.5%
+HK$385.7m		-24.3%PE7.2x
819 Tianneng Power InternationalHK$6.603.0%
+HK$214.0m		-2.8%PE3.8x
1316 Nexteer Automotive GroupHK$3.082.7%
+HK$200.8m		-43.0%PE53.9x
2488 Launch TechHK$6.905.3%
+HK$145.5m		267.0%PE10.4x
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Latest News

1316

HK$3.08

Nexteer Automotive Group

7D

2.7%

1Y

-43.0%

What Is Nexteer Automotive Group Limited's (HKG:1316) Share Price Doing?

Nov 20
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1057

HK$3.22

Zhejiang Shibao

7D

-0.9%

1Y

32.0%

Is Now The Time To Put Zhejiang Shibao (HKG:1057) On Your Watchlist?

Nov 16
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179

HK$10.88

Johnson Electric Holdings

7D

-4.2%

1Y

-12.1%

Is It Too Late To Consider Buying Johnson Electric Holdings Limited (HKG:179)?

Nov 14
Is It Too Late To Consider Buying Johnson Electric Holdings Limited (HKG:179)?

2488

HK$6.90

Launch Tech

7D

5.3%

1Y

267.0%

425

HK$14.00

Minth Group

7D

2.5%

1Y

-24.3%

Minth Group (HKG:425) Seems To Use Debt Quite Sensibly

Nov 12
Minth Group (HKG:425) Seems To Use Debt Quite Sensibly

1760

HK$1.25

Intron Technology Holdings

7D

-5.3%

1Y

-59.4%

819

HK$6.60

Tianneng Power International

7D

3.0%

1Y

-2.8%

Lacklustre Performance Is Driving Tianneng Power International Limited's (HKG:819) Low P/E

Nov 05
Lacklustre Performance Is Driving Tianneng Power International Limited's (HKG:819) Low P/E

6830

HK$0.26

Huazhong In-Vehicle Holdings

7D

-5.6%

1Y

-89.5%

Returns On Capital At Huazhong In-Vehicle Holdings (HKG:6830) Paint A Concerning Picture

Nov 01
Returns On Capital At Huazhong In-Vehicle Holdings (HKG:6830) Paint A Concerning Picture

1372

HK$0.25

China Carbon Neutral Development Group

7D

-8.9%

1Y

-65.4%

3931

HK$12.48

CALB Group

7D

3.5%

1Y

-32.4%

Should You Investigate CALB Group Co., Ltd. (HKG:3931) At HK$12.86?

Oct 27
Should You Investigate CALB Group Co., Ltd. (HKG:3931) At HK$12.86?

1274

HK$22.20

iMotion Automotive Technology (Suzhou)

7D

1.8%

1Y

n/a

Health Check: How Prudently Does iMotion Automotive Technology (Suzhou) (HKG:1274) Use Debt?

Oct 14
Health Check: How Prudently Does iMotion Automotive Technology (Suzhou) (HKG:1274) Use Debt?

951

HK$1.43

Chaowei Power Holdings

7D

-1.4%

1Y

0.7%

360

HK$0.061

New Focus Auto Tech Holdings

7D

1.7%

1Y

-79.3%

New Focus Auto Tech Holdings Limited's (HKG:360) Popularity With Investors Under Threat As Stock Sinks 27%

Oct 09
New Focus Auto Tech Holdings Limited's (HKG:360) Popularity With Investors Under Threat As Stock Sinks 27%

2025

HK$1.18

Ruifeng Power Group

7D

4.4%

1Y

-34.1%

305

HK$0.46

Wuling Motors Holdings

7D

-3.2%

1Y

-19.3%

1571

HK$3.76

Xin Point Holdings

7D

-2.6%

1Y

32.9%