Brilliance China Automotive Holdings' (HKG:1114) Shareholders May Want To Dig Deeper Than Statutory Profit
May 03
Hong Kong (HSI) Automobile Manufacturers Industry Analysis
UpdatedMay 04, 2024
DataAggregated Company Financials
Companies10
- 7D5.7%
- 3M31.8%
- 1Y-0.5%
- YTDn/a
In the last week, the Automobile Manufacturers industry is up 5.7%, with BYD up 6.4%. Overall in the last year, the industry is flat. 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 |
|---|---|---|---|---|---|---|
| Sun, 05 May 2024 | HK$1.2t | HK$1.5t | HK$55.9b | 8.6x | 21.1x | 0.8x |
| Tue, 02 Apr 2024 | HK$1.1t | HK$1.5t | HK$53.0b | 8.4x | 20.3x | 0.7x |
| Thu, 29 Feb 2024 | HK$1.0t | HK$1.5t | HK$64.1b | 7.2x | 16x | 0.7x |
| Sat, 27 Jan 2024 | HK$996.7b | HK$1.5t | HK$64.6b | 6.8x | 15.4x | 0.7x |
| Mon, 25 Dec 2023 | HK$1.1t | HK$1.5t | HK$62.5b | 7.3x | 17.1x | 0.7x |
| Wed, 22 Nov 2023 | HK$1.2t | HK$1.5t | HK$62.4b | 7.7x | 20x | 0.9x |
| Fri, 20 Oct 2023 | HK$1.2t | HK$1.4t | HK$55.6b | 6.8x | 22.3x | 0.9x |
| Sun, 17 Sep 2023 | HK$1.2t | HK$1.4t | HK$55.9b | 7.4x | 22.3x | 0.9x |
| Tue, 15 Aug 2023 | HK$1.2t | HK$1.3t | HK$59.0b | 6.4x | 21.1x | 1x |
| Thu, 13 Jul 2023 | HK$1.3t | HK$1.3t | HK$59.6b | 7x | 22.2x | 1x |
| Sat, 10 Jun 2023 | HK$1.3t | HK$1.3t | HK$59.9b | 6.6x | 21.3x | 1x |
| Mon, 08 May 2023 | HK$1.3t | HK$1.3t | HK$61.9b | 6.7x | 20.8x | 1x |
| Wed, 05 Apr 2023 | HK$1.3t | HK$1.3t | HK$61.8b | 5.6x | 20.9x | 1x |
| Fri, 03 Mar 2023 | HK$1.4t | HK$1.1t | HK$51.2b | 7.2x | 27.1x | 1.2x |
| Sun, 29 Jan 2023 | HK$1.4t | HK$1.1t | HK$53.9b | 7x | 26.8x | 1.3x |
| Tue, 27 Dec 2022 | HK$1.3t | HK$1.1t | HK$52.4b | 6.4x | 25.1x | 1.2x |
| Thu, 24 Nov 2022 | HK$1.2t | HK$1.1t | HK$51.1b | 6.4x | 23.8x | 1.1x |
| Sat, 22 Oct 2022 | HK$1.2t | HK$964.2b | HK$42.7b | 6.7x | 29.1x | 1.3x |
| Mon, 19 Sep 2022 | HK$1.3t | HK$985.4b | HK$43.0b | 9.8x | 30.7x | 1.3x |
| Wed, 17 Aug 2022 | HK$1.6t | HK$989.6b | HK$44.0b | 8.2x | 36.8x | 1.6x |
| Fri, 15 Jul 2022 | HK$1.7t | HK$999.2b | HK$44.5b | 8.6x | 37.6x | 1.7x |
| Sun, 12 Jun 2022 | HK$1.8t | HK$1.0t | HK$44.1b | 9x | 40.6x | 1.8x |
| Tue, 10 May 2022 | HK$1.3t | HK$1.0t | HK$44.7b | 9x | 28.7x | 1.3x |
| Thu, 07 Apr 2022 | HK$1.4t | HK$1.0t | HK$45.2b | 9.3x | 30.1x | 1.3x |
| Sat, 05 Mar 2022 | HK$1.4t | HK$994.0b | HK$50.7b | 9.4x | 27.6x | 1.4x |
| Mon, 31 Jan 2022 | HK$1.5t | HK$984.8b | HK$50.2b | 10.2x | 29.9x | 1.5x |
| Wed, 29 Dec 2021 | HK$1.8t | HK$984.2b | HK$50.2b | 10.5x | 35.7x | 1.8x |
| Fri, 26 Nov 2021 | HK$2.1t | HK$980.7b | HK$50.0b | 11.1x | 41.1x | 2.1x |
| Sun, 24 Oct 2021 | HK$2.0t | HK$987.4b | HK$53.7b | 10x | 37.7x | 2.1x |
| Tue, 21 Sep 2021 | HK$1.8t | HK$976.0b | HK$53.1b | 10.4x | 34.4x | 1.9x |
| Thu, 19 Aug 2021 | HK$2.0t | HK$979.1b | HK$61.3b | 13.3x | 32.3x | 2x |
| Thu, 03 Jun 2021 | HK$1.4t | HK$930.5b | HK$58.3b | 12.2x | 23.5x | 1.5x |
Price to Earnings Ratio
23.5x
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 27.1x.
- The 3-year average PS ratio of 1.3x 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 and as a result, profits have held steady.
Industry Comparison
How does Hong Kong Automobile Manufacturers compare with similar industries?
| HK Market | 2.20% | |
| Consumer Discretionary | 3.82% | |
| Auto | 5.55% | |
| Automobile Manufacturers | 5.71% | |
| Motorcycle Manufacturers | 1.99% | |
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 | |
|---|---|---|---|---|---|
| 1211 BYD | HK$226.40 | 6.4% +HK$39.5b | -3.7% | PE20x | |
| 9863 Zhejiang Leapmotor Technology | HK$31.70 | 27.1% +HK$9.0b | -9.6% | PS2.3x | |
| 175 Geely Automobile Holdings | HK$9.98 | 6.3% +HK$5.9b | 3.3% | PE18x | |
| 2333 Great Wall Motor | HK$11.94 | 2.9% +HK$2.9b | 30.5% | PE9.3x | |
| 2238 Guangzhou Automobile Group | HK$3.33 | 2.5% +HK$839.0m | -30.5% | PE7.9x |
