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Apr 21
Hong Kong (HSI) Auto Parts and Equipment Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies24
- 7D-0.4%
- 3M13.1%
- 1Y-27.5%
- YTDn/a
The Auto Parts and Equipment is pretty flat in the last 7 days, but iMotion Automotive Technology (Suzhou) has stood out, gaining 9.0%. As for the longer term, the industry has declined 27% in the last year. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Hong Kong Auto Parts and Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | HK$113.2b | HK$288.4b | HK$7.8b | 6.8x | 14.5x | 0.4x |
| Thu, 21 Mar 2024 | HK$112.0b | HK$278.3b | HK$9.1b | 8x | 12.4x | 0.4x |
| Sat, 17 Feb 2024 | HK$100.8b | HK$280.7b | HK$8.9b | 7.8x | 11.3x | 0.4x |
| Mon, 15 Jan 2024 | HK$109.2b | HK$279.3b | HK$8.9b | 8.3x | 12.3x | 0.4x |
| Wed, 13 Dec 2023 | HK$111.6b | HK$277.0b | HK$9.0b | 9x | 12.4x | 0.4x |
| Fri, 10 Nov 2023 | HK$114.0b | HK$273.7b | HK$8.9b | 9.6x | 12.8x | 0.4x |
| Sun, 08 Oct 2023 | HK$116.4b | HK$272.6b | HK$8.4b | 10.6x | 13.9x | 0.4x |
| Tue, 05 Sep 2023 | HK$119.4b | HK$273.7b | HK$8.4b | 11.7x | 14.2x | 0.4x |
| Thu, 03 Aug 2023 | HK$127.9b | HK$248.9b | HK$7.7b | 13.5x | 16.6x | 0.5x |
| Sat, 01 Jul 2023 | HK$117.1b | HK$247.7b | HK$7.7b | 14x | 15.3x | 0.5x |
| Mon, 29 May 2023 | HK$111.9b | HK$253.1b | HK$7.8b | 10.7x | 14.3x | 0.4x |
| Wed, 26 Apr 2023 | HK$117.0b | HK$256.5b | HK$7.5b | 12.2x | 15.5x | 0.5x |
| Fri, 24 Mar 2023 | HK$117.2b | HK$250.5b | HK$5.3b | 11.7x | 22.2x | 0.5x |
| Sun, 19 Feb 2023 | HK$132.5b | HK$242.4b | HK$4.7b | 11.3x | 28.3x | 0.5x |
| Tue, 17 Jan 2023 | HK$128.7b | HK$245.1b | HK$4.7b | 11.6x | 27.1x | 0.5x |
| Thu, 15 Dec 2022 | HK$119.2b | HK$238.1b | HK$4.6b | 12.5x | 25.9x | 0.5x |
| Sat, 12 Nov 2022 | HK$122.0b | HK$233.2b | HK$4.5b | 12.9x | 27.3x | 0.5x |
| Mon, 10 Oct 2022 | HK$137.7b | HK$234.8b | HK$4.8b | 13.6x | 28.6x | 0.6x |
| Wed, 07 Sep 2022 | HK$86.0b | HK$228.5b | HK$4.7b | 14.9x | 18.1x | 0.4x |
| Fri, 05 Aug 2022 | HK$95.3b | HK$238.8b | HK$6.3b | 14.6x | 15.1x | 0.4x |
| Sun, 03 Jul 2022 | HK$95.4b | HK$240.3b | HK$6.3b | 14.2x | 15.1x | 0.4x |
| Tue, 31 May 2022 | HK$78.4b | HK$240.4b | HK$6.3b | 12.3x | 12.4x | 0.3x |
| Thu, 28 Apr 2022 | HK$70.4b | HK$244.7b | HK$6.9b | 11.2x | 10.2x | 0.3x |
| Sat, 26 Mar 2022 | HK$78.0b | HK$232.0b | HK$7.6b | 16.5x | 10.2x | 0.3x |
| Mon, 21 Feb 2022 | HK$112.6b | HK$234.4b | HK$8.8b | 17.1x | 12.8x | 0.5x |
| Wed, 19 Jan 2022 | HK$126.0b | HK$233.5b | HK$8.8b | 18.1x | 14.4x | 0.5x |
| Fri, 17 Dec 2021 | HK$124.1b | HK$233.3b | HK$8.8b | 17.1x | 14.2x | 0.5x |
| Sun, 14 Nov 2021 | HK$120.7b | HK$232.7b | HK$8.7b | 16x | 13.8x | 0.5x |
| Tue, 12 Oct 2021 | HK$111.7b | HK$228.0b | HK$8.7b | 14.1x | 12.8x | 0.5x |
| Thu, 09 Sep 2021 | HK$117.8b | HK$227.2b | HK$8.7b | 14.7x | 13.5x | 0.5x |
| Sat, 07 Aug 2021 | HK$132.2b | HK$227.2b | HK$8.7b | 17.1x | 15.2x | 0.6x |
| Fri, 30 Apr 2021 | HK$126.1b | HK$210.6b | HK$7.5b | 16.9x | 16.7x | 0.6x |
Price to Earnings Ratio
16.7x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Auto Parts and Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.0x.
- 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 Parts and Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 Comparison
How does Hong Kong Auto Parts and Equipment compare with similar industries?
| HK Market | -0.66% | |
| Consumer Discretionary | -4.41% | |
| Auto Components | -0.069% | |
| Auto Parts and Equipment | -0.40% | |
| Tires and Rubber | 4.90% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1274 iMotion Automotive Technology (Suzhou) | HK$101.50 | 9.3% +HK$2.0b | n/a | PS17.5x | |
| 3931 CALB Group | HK$13.98 | 8.4% +HK$1.9b | -33.4% | PE77.8x | |
| 1269 China First Capital Group | HK$0.06 | 53.8% +HK$38.8m | -11.8% | PS0.06x | |
| 2488 Launch Tech | HK$2.54 | 3.3% +HK$33.3m | 5.8% | PE5.8x | |
| 1930 Shinelong Automotive Lightweight Application | HK$0.25 | 8.2% +HK$12.5m | -21.9% | PE7.4x |
