Narrative Update • May 19

Over the last 7 days, the Automobile Manufacturers industry has dropped 5.4%, driven by BYD declining 5.0%. In contrast, New Gonow Recreational Vehicles has gained 56%. Overall the industry is down 34% in 12 months. As for the next few years, earnings are expected to grow by 19% per annum.
Has the Hong Kong Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 May 2026 | HK$1.6t | HK$2.2t | HK$82.8b | 15.1x | 18.8x | 0.7x |
| Tue, 21 Apr 2026 | HK$1.8t | HK$2.2t | HK$93.5b | 21.1x | 19.2x | 0.8x |
| Thu, 19 Mar 2026 | HK$1.7t | HK$2.3t | HK$93.5b | 10.5x | 18.3x | 0.7x |
| Sat, 14 Feb 2026 | HK$1.6t | HK$2.3t | HK$91.5b | 9.9x | 17.7x | 0.7x |
| Mon, 12 Jan 2026 | HK$1.7t | HK$2.2t | HK$91.5b | 10.2x | 18.2x | 0.7x |
| Wed, 10 Dec 2025 | HK$1.7t | HK$2.2t | HK$90.2b | 10.1x | 18.5x | 0.8x |
| Fri, 07 Nov 2025 | HK$1.7t | HK$2.1t | HK$88.7b | 11.1x | 19x | 0.8x |
| Sun, 05 Oct 2025 | HK$1.9t | HK$2.2t | HK$90.6b | 11.5x | 21.2x | 0.9x |
| Tue, 02 Sep 2025 | HK$1.7t | HK$1.9t | HK$73.1b | 12.5x | 23.8x | 0.9x |
| Thu, 31 Jul 2025 | HK$1.7t | HK$1.9t | HK$84.3b | 19.2x | 20x | 0.9x |
| Sat, 28 Jun 2025 | HK$1.7t | HK$1.9t | HK$83.7b | 13.9x | 19.9x | 0.9x |
| Mon, 26 May 2025 | HK$2.0t | HK$1.9t | HK$78.9b | 17.5x | 25.3x | 1.1x |
| Wed, 23 Apr 2025 | HK$1.7t | HK$1.8t | HK$75.6b | 20.7x | 22.2x | 1x |
| Fri, 21 Mar 2025 | HK$1.9t | HK$1.7t | HK$65.9b | 11.1x | 29.3x | 1.2x |
| Sun, 16 Feb 2025 | HK$1.7t | HK$1.6t | HK$64.7b | 9.5x | 25.7x | 1x |
| Tue, 14 Jan 2025 | HK$1.3t | HK$1.6t | HK$64.0b | 8.4x | 20.1x | 0.8x |
| Thu, 12 Dec 2024 | HK$1.4t | HK$1.6t | HK$64.4b | 9.2x | 21.9x | 0.9x |
| Sat, 09 Nov 2024 | HK$1.4t | HK$1.6t | HK$64.0b | 9x | 22.3x | 0.9x |
| Mon, 07 Oct 2024 | HK$1.5t | HK$1.6t | HK$67.2b | 9.1x | 22.4x | 0.9x |
| Wed, 04 Sep 2024 | HK$1.2t | HK$1.6t | HK$67.4b | 6.2x | 17.3x | 0.7x |
| Fri, 02 Aug 2024 | HK$1.2t | HK$1.5t | HK$56.5b | 7.6x | 20.4x | 0.7x |
| Sun, 30 Jun 2024 | HK$1.2t | HK$1.5t | HK$56.3b | 8x | 21.4x | 0.8x |
| Tue, 28 May 2024 | HK$1.1t | HK$1.5t | HK$55.8b | 9.4x | 20.4x | 0.7x |
| Thu, 25 Apr 2024 | HK$1.1t | HK$1.5t | HK$52.9b | 9.7x | 20.8x | 0.7x |
| Sat, 23 Mar 2024 | HK$1.1t | HK$1.5t | HK$63.8b | 7.1x | 17.6x | 0.8x |
| Mon, 19 Feb 2024 | HK$995.9b | HK$1.5t | HK$64.1b | 7.2x | 15.5x | 0.7x |
| Wed, 17 Jan 2024 | HK$1.1t | HK$1.5t | HK$62.1b | 7.3x | 17x | 0.7x |
| Fri, 15 Dec 2023 | HK$1.1t | HK$1.5t | HK$62.4b | 7.3x | 17.4x | 0.7x |
| Sun, 12 Nov 2023 | HK$1.2t | HK$1.4t | HK$61.2b | 7.8x | 20x | 0.9x |
| Tue, 10 Oct 2023 | HK$1.2t | HK$1.4t | HK$55.8b | 6.9x | 21.5x | 0.9x |
| Thu, 07 Sep 2023 | HK$1.3t | HK$1.4t | HK$55.8b | 7.7x | 22.6x | 0.9x |
| Sat, 05 Aug 2023 | HK$1.4t | HK$1.3t | HK$59.5b | 7x | 23.3x | 1.1x |
| Mon, 03 Jul 2023 | HK$1.3t | HK$1.3t | HK$59.1b | 6.9x | 21.6x | 1x |
| Wed, 31 May 2023 | HK$1.2t | HK$1.3t | HK$60.3b | 6.4x | 20.4x | 0.9x |
20.4x
How does Hong Kong Automobile Manufacturers compare with similar industries?
| HK Market | -1.48% | |
| Consumer Discretionary | -3.30% | |
| Auto | -5.26% | |
| Automobile Manufacturers | -5.36% | |
| Motorcycle Manufacturers | -1.08% | |
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 |