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Hong Kong (HSI) Auto Parts and Equipment Industry Analysis

UpdatedDec 21, 2024

DataAggregated Company Financials

Companies24

7D-1.7%
3M11.4%
1Y-13.2%
YTDn/a

In the last week, the Auto Parts and Equipment industry is up 2.0%, with Ruifeng Power Group up 78%. In the same time, Shanghai REFIRE Group was down 9.1%. In contrast, the industry has lost 12% in the last 12 months. Looking forward, earnings are forecast to grow by 22% 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
Sat, 21 Dec 2024	HK$108.5b	HK$300.3b	HK$7.5b	8.1x	14.5x	0.4x
Mon, 18 Nov 2024	HK$91.9b	HK$302.7b	HK$8.0b	8.9x	11.4x	0.3x
Wed, 16 Oct 2024	HK$91.6b	HK$305.5b	HK$8.1b	9.3x	11.3x	0.3x
Fri, 13 Sep 2024	HK$83.4b	HK$307.2b	HK$8.1b	6.8x	10.3x	0.3x
Sun, 11 Aug 2024	HK$79.1b	HK$289.8b	HK$8.0b	6.5x	9.9x	0.3x
Tue, 09 Jul 2024	HK$96.8b	HK$286.7b	HK$7.8b	7.4x	12.4x	0.3x
Thu, 06 Jun 2024	HK$104.9b	HK$287.5b	HK$7.8b	7.2x	13.4x	0.4x
Sat, 04 May 2024	HK$104.2b	HK$287.9b	HK$7.8b	7.6x	13.4x	0.4x
Mon, 01 Apr 2024	HK$116.6b	HK$288.8b	HK$7.7b	7x	15.1x	0.4x
Wed, 28 Feb 2024	HK$107.5b	HK$278.4b	HK$8.8b	8.1x	12.2x	0.4x
Fri, 26 Jan 2024	HK$102.8b	HK$279.0b	HK$8.9b	8.1x	11.6x	0.4x
Sun, 24 Dec 2023	HK$113.5b	HK$279.9b	HK$8.9b	8.9x	12.8x	0.4x
Tue, 21 Nov 2023	HK$118.7b	HK$276.5b	HK$9.0b	9.5x	13.2x	0.4x
Thu, 19 Oct 2023	HK$116.0b	HK$272.1b	HK$8.4b	10.8x	13.9x	0.4x
Sat, 16 Sep 2023	HK$117.5b	HK$273.2b	HK$8.4b	11.6x	14x	0.4x
Mon, 14 Aug 2023	HK$120.6b	HK$248.2b	HK$7.7b	12.2x	15.7x	0.5x
Wed, 12 Jul 2023	HK$127.3b	HK$249.2b	HK$7.7b	13.1x	16.5x	0.5x
Fri, 09 Jun 2023	HK$109.3b	HK$251.4b	HK$7.8b	10.9x	14.1x	0.4x
Sun, 07 May 2023	HK$120.4b	HK$256.9b	HK$7.6b	12x	15.9x	0.5x
Tue, 04 Apr 2023	HK$91.5b	HK$257.5b	HK$7.6b	10.7x	12x	0.4x
Thu, 02 Mar 2023	HK$125.6b	HK$242.7b	HK$4.7b	10.7x	26.8x	0.5x
Sat, 28 Jan 2023	HK$142.4b	HK$244.2b	HK$4.7b	11.6x	30.1x	0.6x
Mon, 26 Dec 2022	HK$118.2b	HK$238.0b	HK$4.6b	10.6x	25.7x	0.5x
Wed, 23 Nov 2022	HK$110.7b	HK$233.0b	HK$4.5b	12.9x	24.8x	0.5x
Fri, 21 Oct 2022	HK$133.7b	HK$232.0b	HK$4.8b	12.5x	28.1x	0.6x
Sun, 18 Sep 2022	HK$85.1b	HK$227.1b	HK$4.7b	14.4x	18x	0.4x
Tue, 16 Aug 2022	HK$93.6b	HK$238.9b	HK$6.3b	14.3x	14.9x	0.4x
Thu, 14 Jul 2022	HK$91.4b	HK$239.7b	HK$6.3b	14.1x	14.5x	0.4x
Sat, 11 Jun 2022	HK$85.0b	HK$240.5b	HK$6.3b	13.5x	13.4x	0.4x
Mon, 09 May 2022	HK$70.9b	HK$241.7b	HK$6.8b	11.1x	10.4x	0.3x
Wed, 06 Apr 2022	HK$81.7b	HK$250.1b	HK$7.0b	12.6x	11.6x	0.3x
Fri, 04 Mar 2022	HK$98.2b	HK$234.9b	HK$8.8b	17.4x	11.1x	0.4x
Sun, 30 Jan 2022	HK$113.3b	HK$233.0b	HK$8.7b	16.9x	13x	0.5x
Tue, 28 Dec 2021	HK$120.0b	HK$233.2b	HK$8.8b	16.7x	13.7x	0.5x

Price to Earnings Ratio

13.7x

Tue, 28 Dec 2021

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 15.4x.

The industry is trading close to its 3-year average PS ratio of 0.41x.

Past Earnings Growth

The earnings for companies in the Auto Parts and Equipment industry have declined 5.1% per year over the last three years.
Meanwhile revenues for these companies have grown 8.8% 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 Market	-0.53%
Consumer Discretionary	-1.32%
Auto Components	-1.99%
Auto Parts and Equipment	-1.74%
Tires and Rubber	-5.59%

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
2025 Ruifeng Power Group	HK$2.85	35.7% +HK$600.0m	68.6%	PE160.4x
819 Tianneng Power International	HK$8.14	6.5% +HK$563.1m	28.0%	PE4.7x
2488 Launch Tech	HK$7.51	13.3% +HK$365.9m	279.3%	PE11.4x
425 Minth Group	HK$14.70	2.1% +HK$345.5m	-2.4%	PE7.6x
179 Johnson Electric Holdings	HK$10.90	1.3% +HK$128.9m	-11.2%	PE5.4x

Latest News

6830

HK$0.21

Huazhong In-Vehicle Holdings

-11.3%

-90.9%

Is Huazhong In-Vehicle Holdings (HKG:6830) A Risky Investment?

Dec 19

819

HK$8.14

Tianneng Power International

6.5%

28.0%

Tianneng Power International (HKG:819) Use Of Debt Could Be Considered Risky

Dec 19

2025

HK$2.85

Ruifeng Power Group

35.7%

68.6%

1316

HK$3.27

Nexteer Automotive Group

-7.1%

-27.3%

425

HK$14.70

Minth Group

2.1%

-2.4%

Returns On Capital Signal Tricky Times Ahead For Minth Group (HKG:425)

Dec 12

1571

HK$4.44

Xin Point Holdings

-1.1%

65.1%

At HK$4.50, Is It Time To Put Xin Point Holdings Limited (HKG:1571) On Your Watch List?

Dec 10

2570

HK$147.00

Shanghai REFIRE Group

-9.9%

n/a

1274

HK$16.64

iMotion Automotive Technology (Suzhou)

-12.9%

-41.7%

HK$0.18

China Automotive Interior Decoration Holdings

16.1%

76.5%

Some China Automotive Interior Decoration Holdings Limited (HKG:48) Shareholders Look For Exit As Shares Take 33% Pounding

Nov 30

3931

HK$12.82

CALB Group

-3.2%

-28.4%

There's Been No Shortage Of Growth Recently For CALB Group's (HKG:3931) Returns On Capital

Nov 29

179

HK$10.90

Johnson Electric Holdings

1.3%

-11.2%

Johnson Electric Holdings (HKG:179) Has Affirmed Its Dividend Of $0.17

Nov 26

360

HK$0.053

New Focus Auto Tech Holdings

6.0%

-75.7%

What New Focus Auto Tech Holdings Limited's (HKG:360) 49% Share Price Gain Is Not Telling You

Nov 24

1057

HK$2.97

Zhejiang Shibao

-4.2%

44.9%

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

Nov 16

2488

HK$7.51

Launch Tech

13.3%

279.3%

305

HK$0.41

Wuling Motors Holdings

-6.9%

9.5%