Does Prinx Chengshan Holdings (HKG:1809) Have A Healthy Balance Sheet?
Dec 20
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Hong Kong (HSI) Tires and Rubber Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies2
- 7D-5.6%
- 3M-14.7%
- 1Y5.2%
- YTDn/a
Over the last 7 days, the Tires and Rubber industry has dropped 4.1%, driven by a pullback from Prinx Chengshan Holdings of 6.8%. In the past year, the industry has gained 8.2%. As for the next few years, earnings are expected to grow by 4.5% per annum.
Industry Valuation and Performance
Has the Hong Kong Tires and Rubber Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | HK$7.2b | HK$24.7b | HK$2.1b | 4.2x | 3.4x | 0.3x |
| Tue, 19 Nov 2024 | HK$7.4b | HK$25.0b | HK$2.1b | 4.1x | 3.5x | 0.3x |
| Thu, 17 Oct 2024 | HK$8.2b | HK$25.4b | HK$2.1b | 4.2x | 3.8x | 0.3x |
| Sat, 14 Sep 2024 | HK$7.8b | HK$25.5b | HK$2.2b | 4.1x | 3.6x | 0.3x |
| Mon, 12 Aug 2024 | HK$7.2b | HK$23.3b | HK$1.6b | 4.6x | 4.5x | 0.3x |
| Wed, 10 Jul 2024 | HK$7.5b | HK$23.0b | HK$1.6b | 4.8x | 4.7x | 0.3x |
| Fri, 07 Jun 2024 | HK$8.2b | HK$23.1b | HK$1.6b | 5.2x | 5.1x | 0.4x |
| Sun, 05 May 2024 | HK$7.4b | HK$23.1b | HK$1.6b | 4.9x | 4.6x | 0.3x |
| Tue, 02 Apr 2024 | HK$7.3b | HK$23.2b | HK$1.6b | 5x | 4.6x | 0.3x |
| Thu, 29 Feb 2024 | HK$7.3b | HK$20.8b | HK$1.0b | 7.1x | 7.2x | 0.4x |
| Sat, 27 Jan 2024 | HK$7.0b | HK$20.9b | HK$1.0b | 6.8x | 6.9x | 0.3x |
| Mon, 25 Dec 2023 | HK$6.5b | HK$20.9b | HK$1.0b | 6.2x | 6.3x | 0.3x |
| Wed, 22 Nov 2023 | HK$6.6b | HK$20.8b | HK$1.0b | 6.3x | 6.4x | 0.3x |
| Fri, 20 Oct 2023 | HK$6.3b | HK$20.4b | HK$1.0b | 6.2x | 6.3x | 0.3x |
| Sun, 17 Sep 2023 | HK$6.4b | HK$20.5b | HK$1.0b | 6.3x | 6.4x | 0.3x |
| Tue, 15 Aug 2023 | HK$6.5b | HK$20.4b | HK$799.5m | 8.1x | 8.2x | 0.3x |
| Thu, 13 Jul 2023 | HK$6.5b | HK$20.6b | HK$807.7m | 7.9x | 8x | 0.3x |
| Sat, 10 Jun 2023 | HK$6.6b | HK$20.8b | HK$815.9m | 8x | 8.1x | 0.3x |
| Mon, 08 May 2023 | HK$6.6b | HK$21.5b | HK$842.8m | 7.8x | 7.8x | 0.3x |
| Wed, 05 Apr 2023 | HK$6.0b | HK$21.7b | HK$642.6m | 10.5x | 9.3x | 0.3x |
| Fri, 03 Mar 2023 | HK$6.1b | HK$21.4b | HK$408.3m | 14.8x | 14.9x | 0.3x |
| Sun, 29 Jan 2023 | HK$6.2b | HK$21.7b | HK$414.4m | 15x | 15.1x | 0.3x |
| Tue, 27 Dec 2022 | HK$7.1b | HK$21.1b | HK$402.7m | 17.4x | 17.6x | 0.3x |
| Thu, 24 Nov 2022 | HK$6.5b | HK$20.6b | HK$393.2m | 16.5x | 16.6x | 0.3x |
| Sat, 22 Oct 2022 | HK$6.8b | HK$20.4b | HK$390.8m | 17.2x | 17.3x | 0.3x |
| Mon, 19 Sep 2022 | HK$6.5b | HK$21.1b | HK$403.2m | 16x | 16.1x | 0.3x |
| Wed, 17 Aug 2022 | HK$7.2b | HK$21.0b | HK$573.0m | 12.3x | 12.6x | 0.3x |
| Fri, 15 Jul 2022 | HK$7.1b | HK$21.2b | HK$578.6m | 11.9x | 12.2x | 0.3x |
| Sun, 12 Jun 2022 | HK$7.1b | HK$21.3b | HK$579.4m | 11.9x | 12.2x | 0.3x |
| Tue, 10 May 2022 | HK$7.1b | HK$21.4b | HK$602.4m | 11.4x | 11.7x | 0.3x |
| Thu, 07 Apr 2022 | HK$6.9b | HK$22.4b | HK$630.0m | 10.7x | 11x | 0.3x |
| Sat, 05 Mar 2022 | HK$6.7b | HK$20.9b | HK$963.6m | 7.9x | 6.9x | 0.3x |
| Mon, 31 Jan 2022 | HK$7.3b | HK$20.7b | HK$954.6m | 9x | 7.7x | 0.4x |
| Wed, 29 Dec 2021 | HK$7.4b | HK$20.7b | HK$954.1m | 9.1x | 7.8x | 0.4x |
Price to Earnings Ratio
7.8x
Current Industry PE
- There are only 2 companies in the Hong Kong Tires and Rubber industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 6.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Tires and Rubber compare with similar industries?
| HK Market | -0.53% | |
| Consumer Discretionary | -1.32% | |
| Auto Components | -1.99% | |
| Tires and Rubber | -5.59% | |
| Auto Parts and Equipment | -1.74% | |
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 | |
|---|---|---|---|---|---|
| 1899 Xingda International Holdings | HK$1.41 | 6.0% +HK$153.4m | 0% | PE5.6x |