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Hong Kong (HSI) Auto Parts and Equipment Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies24
- 7D6.7%
- 3M3.5%
- 1Y-1.1%
- YTDn/a
Over the last 7 days, the Auto Parts and Equipment industry has risen 3.0%, driven by gains from Minth Group of 13%. In contrast, the industry has lost 5.9% in the last 12 months. As for the next few years, earnings are expected to grow by 20% per annum.
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, 21 Jan 2025 | HK$103.9b | HK$299.8b | HK$7.9b | 8.1x | 13.2x | 0.3x |
| Thu, 19 Dec 2024 | HK$110.1b | HK$300.6b | HK$7.5b | 8.4x | 14.7x | 0.4x |
| Sat, 16 Nov 2024 | HK$91.9b | HK$302.7b | HK$8.0b | 8.9x | 11.4x | 0.3x |
| Mon, 14 Oct 2024 | HK$97.9b | HK$307.2b | HK$8.1b | 9x | 12x | 0.3x |
| Wed, 11 Sep 2024 | HK$84.5b | HK$307.1b | HK$8.1b | 6.8x | 10.4x | 0.3x |
| Fri, 09 Aug 2024 | HK$79.5b | HK$289.0b | HK$7.9b | 7.3x | 10.1x | 0.3x |
| Sun, 07 Jul 2024 | HK$98.2b | HK$286.8b | HK$7.8b | 7.3x | 12.6x | 0.3x |
| Tue, 04 Jun 2024 | HK$104.3b | HK$287.9b | HK$7.9b | 7.4x | 13.3x | 0.4x |
| Thu, 02 May 2024 | HK$122.0b | HK$288.1b | HK$7.8b | 7.3x | 15.6x | 0.4x |
| Sat, 30 Mar 2024 | HK$116.6b | HK$288.5b | HK$8.0b | 6.9x | 14.5x | 0.4x |
| Mon, 26 Feb 2024 | HK$104.1b | HK$278.5b | HK$8.8b | 7.9x | 11.8x | 0.4x |
| Wed, 24 Jan 2024 | HK$101.4b | HK$279.1b | HK$8.9b | 8x | 11.4x | 0.4x |
| Fri, 22 Dec 2023 | HK$114.7b | HK$279.5b | HK$8.9b | 8.9x | 12.9x | 0.4x |
| Sun, 19 Nov 2023 | HK$115.6b | HK$275.4b | HK$8.9b | 9.3x | 12.9x | 0.4x |
| Tue, 17 Oct 2023 | HK$118.3b | HK$272.3b | HK$8.4b | 10.9x | 14.1x | 0.4x |
| Thu, 14 Sep 2023 | HK$118.3b | HK$273.3b | HK$8.4b | 11.6x | 14.1x | 0.4x |
| Sat, 12 Aug 2023 | HK$120.6b | HK$248.2b | HK$7.7b | 12.2x | 15.7x | 0.5x |
| Mon, 10 Jul 2023 | HK$120.7b | HK$248.6b | HK$7.7b | 13.7x | 15.7x | 0.5x |
| Wed, 07 Jun 2023 | HK$110.2b | HK$251.8b | HK$7.8b | 11.1x | 14.2x | 0.4x |
| Fri, 05 May 2023 | HK$119.3b | HK$257.0b | HK$7.6b | 11.8x | 15.7x | 0.5x |
| Sun, 02 Apr 2023 | HK$92.3b | HK$258.1b | HK$7.6b | 10.5x | 12.1x | 0.4x |
| Tue, 28 Feb 2023 | HK$123.0b | HK$240.3b | HK$4.6b | 10.5x | 26.5x | 0.5x |
| Thu, 26 Jan 2023 | HK$130.9b | HK$244.3b | HK$4.7b | 11.8x | 27.7x | 0.5x |
| Sat, 24 Dec 2022 | HK$118.2b | HK$238.0b | HK$4.6b | 10.6x | 25.7x | 0.5x |
| Mon, 21 Nov 2022 | HK$120.6b | HK$234.7b | HK$4.5b | 13.1x | 26.8x | 0.5x |
| Wed, 19 Oct 2022 | HK$140.4b | HK$232.8b | HK$4.8b | 14.2x | 29.4x | 0.6x |
| Fri, 16 Sep 2022 | HK$84.8b | HK$227.8b | HK$4.7b | 13.9x | 17.9x | 0.4x |
| Sun, 14 Aug 2022 | HK$94.4b | HK$238.9b | HK$6.3b | 14.3x | 15x | 0.4x |
| Tue, 12 Jul 2022 | HK$94.9b | HK$240.5b | HK$6.3b | 14.3x | 15x | 0.4x |
| Thu, 09 Jun 2022 | HK$81.8b | HK$241.5b | HK$6.4b | 13x | 12.9x | 0.3x |
| Sat, 07 May 2022 | HK$70.9b | HK$242.0b | HK$6.8b | 11.1x | 10.4x | 0.3x |
| Mon, 04 Apr 2022 | HK$79.9b | HK$250.1b | HK$7.0b | 12.5x | 11.4x | 0.3x |
| Wed, 02 Mar 2022 | HK$102.1b | HK$235.2b | HK$8.8b | 17.3x | 11.6x | 0.4x |
| Fri, 28 Jan 2022 | HK$115.6b | HK$234.1b | HK$8.8b | 17.2x | 13.2x | 0.5x |
Price to Earnings Ratio
13.2x
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 12.9x which is lower than its 3-year average PE 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 3.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.6% 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 | 3.38% | |
| Consumer Discretionary | 6.72% | |
| Auto Components | 6.64% | |
| Auto Parts and Equipment | 6.67% | |
| Tires and Rubber | 6.14% | |
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 | |
|---|---|---|---|---|---|
| 425 Minth Group | HK$16.02 | 13.5% +HK$2.2b | 40.3% | PE8.3x | |
| 3931 CALB Group | HK$12.94 | 5.4% +HK$1.2b | -13.7% | PE54.3x | |
| 1316 Nexteer Automotive Group | HK$3.35 | 11.7% +HK$878.4m | -8.5% | PE58.6x | |
| 1274 iMotion Automotive Technology (Suzhou) | HK$15.26 | 28.0% +HK$770.7m | -62.3% | PS2.5x | |
| 819 Tianneng Power International | HK$7.91 | 7.0% +HK$585.6m | 39.8% | PE4.6x |
