Earnings Not Telling The Story For Great Wall Motor Company Limited (HKG:2333)
Jul 22
Hong Kong (HSI) Automobile Manufacturers Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies10
- 7D-3.5%
- 3M3.4%
- 1Y-13.2%
- YTDn/a
Over the last 7 days, the Automobile Manufacturers industry has dropped 1.1%, driven by BYD declining 2.8%. In contrast, Brilliance China Automotive Holdings has gained 10%. Overall the industry is down 12% in 12 months. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Hong Kong Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | HK$1.2t | HK$1.5t | HK$56.3b | 7.8x | 20.7x | 0.8x |
| Sat, 22 Jun 2024 | HK$1.2t | HK$1.5t | HK$55.6b | 8.3x | 22.1x | 0.8x |
| Mon, 20 May 2024 | HK$1.2t | HK$1.5t | HK$55.9b | 9.9x | 21.4x | 0.8x |
| Wed, 17 Apr 2024 | HK$1.1t | HK$1.5t | HK$53.0b | 9.5x | 21.3x | 0.7x |
| Fri, 15 Mar 2024 | HK$1.1t | HK$1.5t | HK$64.2b | 7x | 17.3x | 0.8x |
| Sun, 11 Feb 2024 | HK$977.9b | HK$1.5t | HK$64.4b | 6.8x | 15.2x | 0.7x |
| Tue, 09 Jan 2024 | HK$1.0t | HK$1.5t | HK$62.2b | 7.3x | 16.8x | 0.7x |
| Thu, 07 Dec 2023 | HK$1.1t | HK$1.5t | HK$62.3b | 7.4x | 18.1x | 0.8x |
| Sat, 04 Nov 2023 | HK$1.2t | HK$1.4t | HK$61.1b | 8x | 20.2x | 0.9x |
| Mon, 02 Oct 2023 | HK$1.2t | HK$1.4t | HK$55.8b | 7.2x | 21.6x | 0.9x |
| Wed, 30 Aug 2023 | HK$1.2t | HK$1.4t | HK$58.1b | 7.7x | 21.3x | 0.9x |
| Fri, 28 Jul 2023 | HK$1.3t | HK$1.3t | HK$59.8b | 6.9x | 22.4x | 1x |
| Sun, 25 Jun 2023 | HK$1.3t | HK$1.3t | HK$59.4b | 6.5x | 21.8x | 1x |
| Tue, 23 May 2023 | HK$1.0t | HK$1.3t | HK$60.7b | 6.9x | 17.2x | 0.8x |
| Thu, 20 Apr 2023 | HK$1.3t | HK$1.3t | HK$61.7b | 5.6x | 21.3x | 1x |
| Sat, 18 Mar 2023 | HK$1.2t | HK$1.1t | HK$51.3b | 6x | 23.8x | 1.1x |
| Mon, 13 Feb 2023 | HK$1.4t | HK$1.1t | HK$52.0b | 7.2x | 27.7x | 1.3x |
| Wed, 11 Jan 2023 | HK$1.4t | HK$1.1t | HK$53.8b | 6.6x | 25.6x | 1.2x |
| Fri, 09 Dec 2022 | HK$1.4t | HK$1.1t | HK$52.2b | 7x | 26.8x | 1.3x |
| Sun, 06 Nov 2022 | HK$1.3t | HK$1.1t | HK$50.9b | 6.5x | 25.7x | 1.2x |
| Tue, 04 Oct 2022 | HK$1.2t | HK$973.7b | HK$38.4b | 8.3x | 32.2x | 1.3x |
| Thu, 01 Sep 2022 | HK$1.5t | HK$988.7b | HK$42.7b | 10.9x | 34.9x | 1.5x |
| Sat, 30 Jul 2022 | HK$1.6t | HK$994.9b | HK$44.3b | 8.3x | 37.1x | 1.7x |
| Mon, 27 Jun 2022 | HK$1.9t | HK$1.0t | HK$44.3b | 9x | 42x | 1.9x |
| Wed, 25 May 2022 | HK$1.5t | HK$1.0t | HK$44.5b | 9.5x | 34.3x | 1.5x |
| Fri, 22 Apr 2022 | HK$1.3t | HK$1.0t | HK$44.9b | 8.9x | 29x | 1.3x |
| Sun, 20 Mar 2022 | HK$1.3t | HK$990.0b | HK$50.5b | 8.8x | 26.4x | 1.3x |
| Tue, 15 Feb 2022 | HK$1.5t | HK$986.3b | HK$50.3b | 10.7x | 30.1x | 1.5x |
| Thu, 13 Jan 2022 | HK$1.7t | HK$983.1b | HK$50.1b | 11.1x | 34.7x | 1.8x |
| Sat, 11 Dec 2021 | HK$2.0t | HK$982.6b | HK$50.1b | 11.7x | 40.2x | 2x |
| Mon, 08 Nov 2021 | HK$2.1t | HK$977.8b | HK$49.9b | 10.2x | 42.5x | 2.2x |
| Wed, 06 Oct 2021 | HK$1.7t | HK$979.5b | HK$53.3b | 9.8x | 32.6x | 1.8x |
| Fri, 03 Sep 2021 | HK$2.0t | HK$979.1b | HK$61.3b | 15.9x | 32.3x | 2x |
| Sun, 01 Aug 2021 | HK$1.9t | HK$979.1b | HK$61.3b | 12.4x | 31.2x | 2x |
Price to Earnings Ratio
31.2x
Current Industry PE
- Investors are pessimistic on the Hong Kong Automobile Manufacturers 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 21.1x which is lower than its 3-year average PE of 26.7x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.77x.
Past Earnings Growth
- The earnings for companies in the Automobile Manufacturers industry have declined 2.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 16% 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 Automobile Manufacturers compare with similar industries?
| HK Market | -1.61% | |
| Consumer Discretionary | -3.96% | |
| Auto | -3.50% | |
| Automobile Manufacturers | -3.46% | |
| Motorcycle Manufacturers | -5.14% | |
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 | |
|---|---|---|---|---|---|
| 1114 Brilliance China Automotive Holdings | HK$3.96 | 3.1% +HK$605.4m | 0.3% | PE2.4x |