Narrative Update • May 19

Over the last 7 days, the Automobile Manufacturers industry has dropped 7.2%, driven by BYD declining 7.7%. In contrast, New Gonow Recreational Vehicles has gained 28%. Overall the industry is down 33% in 12 months. Looking forward, earnings are forecast to grow by 19% annually.
Has the Hong Kong Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | HK$1.5t | HK$2.2t | HK$82.7b | 14.9x | 18.7x | 0.7x |
| Mon, 20 Apr 2026 | HK$1.8t | HK$2.2t | HK$93.5b | 21.4x | 19.5x | 0.8x |
| Wed, 18 Mar 2026 | HK$1.7t | HK$2.3t | HK$93.3b | 10.9x | 18.6x | 0.8x |
| Fri, 13 Feb 2026 | HK$1.6t | HK$2.3t | HK$91.6b | 9.9x | 17.8x | 0.7x |
| Sun, 11 Jan 2026 | HK$1.7t | HK$2.2t | HK$91.5b | 10.2x | 18.2x | 0.7x |
| Tue, 09 Dec 2025 | HK$1.7t | HK$2.2t | HK$90.1b | 10.1x | 18.6x | 0.8x |
| Thu, 06 Nov 2025 | HK$1.7t | HK$2.1t | HK$88.7b | 10.9x | 18.7x | 0.8x |
| Sat, 04 Oct 2025 | HK$1.9t | HK$2.2t | HK$90.6b | 11.5x | 21.2x | 0.9x |
| Mon, 01 Sep 2025 | HK$1.8t | HK$1.9t | HK$73.1b | 12.2x | 24.5x | 0.9x |
| Wed, 30 Jul 2025 | HK$1.7t | HK$1.9t | HK$84.3b | 19.2x | 20.7x | 0.9x |
| Fri, 27 Jun 2025 | HK$1.7t | HK$1.9t | HK$83.7b | 14.1x | 20x | 0.9x |
| Sun, 25 May 2025 | HK$2.0t | HK$1.9t | HK$78.9b | 17.5x | 25.3x | 1.1x |
| Tue, 22 Apr 2025 | HK$1.7t | HK$1.8t | HK$75.9b | 20.2x | 21.8x | 0.9x |
| Thu, 20 Mar 2025 | HK$1.9t | HK$1.7t | HK$66.0b | 11x | 28.8x | 1.1x |
| Sat, 15 Feb 2025 | HK$1.7t | HK$1.6t | HK$64.6b | 9.5x | 25.7x | 1x |
| Mon, 13 Jan 2025 | HK$1.3t | HK$1.6t | HK$64.0b | 8.5x | 20.2x | 0.8x |
| Wed, 11 Dec 2024 | HK$1.4t | HK$1.6t | HK$64.6b | 9.1x | 21.8x | 0.9x |
| Fri, 08 Nov 2024 | HK$1.4t | HK$1.6t | HK$64.0b | 8.9x | 22.4x | 0.9x |
| Sun, 06 Oct 2024 | HK$1.5t | HK$1.6t | HK$67.2b | 9.1x | 22.4x | 0.9x |
| Tue, 03 Sep 2024 | HK$1.1t | HK$1.6t | HK$67.4b | 6.1x | 17x | 0.7x |
| Thu, 01 Aug 2024 | HK$1.2t | HK$1.6t | HK$56.7b | 7.5x | 20.4x | 0.7x |
| Sat, 29 Jun 2024 | HK$1.2t | HK$1.5t | HK$55.5b | 8x | 21.8x | 0.8x |
| Mon, 27 May 2024 | HK$1.1t | HK$1.5t | HK$55.8b | 9.2x | 20.3x | 0.7x |
| Wed, 24 Apr 2024 | HK$1.1t | HK$1.5t | HK$53.0b | 9.4x | 20.5x | 0.7x |
| Fri, 22 Mar 2024 | HK$1.1t | HK$1.5t | HK$64.1b | 7.3x | 17.8x | 0.8x |
| Sun, 18 Feb 2024 | HK$995.9b | HK$1.5t | HK$64.1b | 7.2x | 15.5x | 0.7x |
| Tue, 16 Jan 2024 | HK$1.1t | HK$1.5t | HK$62.2b | 7.4x | 17x | 0.7x |
| Thu, 14 Dec 2023 | HK$1.1t | HK$1.5t | HK$62.1b | 7.3x | 17.5x | 0.7x |
| Sat, 11 Nov 2023 | HK$1.2t | HK$1.4t | HK$61.2b | 7.8x | 20x | 0.9x |
| Mon, 09 Oct 2023 | HK$1.2t | HK$1.4t | HK$55.8b | 6.9x | 21.4x | 0.9x |
| Wed, 06 Sep 2023 | HK$1.3t | HK$1.4t | HK$55.8b | 7.7x | 22.6x | 0.9x |
| Fri, 04 Aug 2023 | HK$1.4t | HK$1.3t | HK$59.6b | 6.9x | 23.2x | 1.1x |
| Sun, 02 Jul 2023 | HK$1.3t | HK$1.3t | HK$59.1b | 6.9x | 21.6x | 1x |
| Tue, 30 May 2023 | HK$1.2t | HK$1.3t | HK$60.3b | 6.5x | 20x | 0.9x |
20x
How does Hong Kong Automobile Manufacturers compare with similar industries?
| HK Market | -3.56% | |
| Consumer Discretionary | -4.97% | |
| Auto | -7.10% | |
| Automobile Manufacturers | -7.20% | |
| Motorcycle Manufacturers | -3.37% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 805 New Gonow Recreational Vehicles | HK$2.19 | 56.4% +HK$758.4m | 50.0% | PE59.2x | |
| 7489 VOYAH Automotive Technology | HK$5.87 | 1.2% +HK$257.6m | n/a | PE18.4x | |
| 476 Ev Dynamics (Holdings) | HK$0.55 | 1.9% +HK$3.2m | 35.8% | PS29x |