Narrative Update • May 19

Over the last 7 days, the Automobile Manufacturers industry has dropped 7.4%, driven by a pullback from BYD of 8.1%. On the other hand New Gonow Recreational Vehicles is actually up 32%. Overall the industry is down 34% in 12 months. 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 |
|---|---|---|---|---|---|---|
| Fri, 22 May 2026 | HK$1.5t | HK$2.2t | HK$82.7b | 14.9x | 18.7x | 0.7x |
| Sun, 19 Apr 2026 | HK$1.8t | HK$2.2t | HK$93.5b | 21.4x | 19.5x | 0.8x |
| Tue, 17 Mar 2026 | HK$1.7t | HK$2.3t | HK$91.8b | 9.9x | 18.1x | 0.7x |
| Thu, 12 Feb 2026 | HK$1.6t | HK$2.3t | HK$91.5b | 10x | 17.9x | 0.7x |
| Sat, 10 Jan 2026 | HK$1.7t | HK$2.2t | HK$91.4b | 10.2x | 18.2x | 0.7x |
| Mon, 08 Dec 2025 | HK$1.7t | HK$2.2t | HK$90.2b | 10.3x | 18.6x | 0.8x |
| Wed, 05 Nov 2025 | HK$1.7t | HK$2.1t | HK$88.7b | 10.8x | 19x | 0.8x |
| Fri, 03 Oct 2025 | HK$1.9t | HK$2.2t | HK$90.6b | 11.6x | 21.5x | 0.9x |
| Sun, 31 Aug 2025 | HK$1.8t | HK$1.9t | HK$78.6b | 12.2x | 22.8x | 0.9x |
| Tue, 29 Jul 2025 | HK$1.7t | HK$1.9t | HK$84.4b | 19x | 20.7x | 0.9x |
| Thu, 26 Jun 2025 | HK$1.7t | HK$1.9t | HK$83.7b | 14.5x | 20.6x | 0.9x |
| Sat, 24 May 2025 | HK$2.0t | HK$1.9t | HK$78.9b | 17.6x | 25.2x | 1.1x |
| Mon, 21 Apr 2025 | HK$1.6t | HK$1.8t | HK$75.8b | 20.2x | 21.7x | 0.9x |
| Wed, 19 Mar 2025 | HK$1.9t | HK$1.7t | HK$66.0b | 11x | 28.1x | 1.1x |
| Fri, 14 Feb 2025 | HK$1.6t | HK$1.6t | HK$64.4b | 9.4x | 24.6x | 1x |
| Sun, 12 Jan 2025 | HK$1.3t | HK$1.6t | HK$64.0b | 8.5x | 20.2x | 0.8x |
| Tue, 10 Dec 2024 | HK$1.4t | HK$1.6t | HK$64.4b | 9.1x | 21.8x | 0.9x |
| Thu, 07 Nov 2024 | HK$1.4t | HK$1.6t | HK$63.9b | 8.9x | 22.5x | 0.9x |
| Sat, 05 Oct 2024 | HK$1.5t | HK$1.6t | HK$67.2b | 9.1x | 22.5x | 0.9x |
| Mon, 02 Sep 2024 | HK$1.2t | HK$1.6t | HK$67.6b | 6.2x | 17.4x | 0.7x |
| Wed, 31 Jul 2024 | HK$1.1t | HK$1.5t | HK$56.5b | 7.4x | 20.1x | 0.7x |
| Fri, 28 Jun 2024 | HK$1.2t | HK$1.5t | HK$55.6b | 8.1x | 21.7x | 0.8x |
| Sun, 26 May 2024 | HK$1.1t | HK$1.5t | HK$55.8b | 9.2x | 20.3x | 0.7x |
| Tue, 23 Apr 2024 | HK$1.1t | HK$1.5t | HK$53.0b | 9.6x | 20.9x | 0.7x |
| Thu, 21 Mar 2024 | HK$1.1t | HK$1.5t | HK$64.1b | 7.2x | 17.6x | 0.8x |
| Sat, 17 Feb 2024 | HK$994.9b | HK$1.5t | HK$64.8b | 7.1x | 15.4x | 0.7x |
| Mon, 15 Jan 2024 | HK$1.1t | HK$1.5t | HK$62.3b | 7.4x | 17.2x | 0.7x |
| Wed, 13 Dec 2023 | HK$1.1t | HK$1.5t | HK$62.1b | 7.4x | 17.8x | 0.8x |
| Fri, 10 Nov 2023 | HK$1.2t | HK$1.4t | HK$61.2b | 8x | 20.4x | 0.9x |
| Sun, 08 Oct 2023 | HK$1.2t | HK$1.4t | HK$55.8b | 6.9x | 21.4x | 0.9x |
| Tue, 05 Sep 2023 | HK$1.3t | HK$1.4t | HK$56.0b | 7.8x | 22.9x | 0.9x |
| Thu, 03 Aug 2023 | HK$1.4t | HK$1.3t | HK$59.5b | 7x | 23.3x | 1.1x |
| Sat, 01 Jul 2023 | HK$1.3t | HK$1.3t | HK$58.7b | 6.9x | 21.8x | 1x |
| Mon, 29 May 2023 | HK$1.2t | HK$1.3t | HK$60.4b | 6.6x | 20.4x | 0.9x |
20.4x
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$1.90 | 27.5% +HK$393.6m | 32.9% | PE51.4x | |
| 476 Ev Dynamics (Holdings) | HK$0.55 | 3.8% +HK$6.5m | 32.5% | PS29x |