Analysis Article • Aug 27
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Hong Kong (HSI) Auto Industry Analysis
UpdatedAug 29, 2026
DataAggregated Company Financials
Companies14
- 7D-2.5%
- 3M-4.0%
- 1Y-25.6%
- YTD-14.4%
Over the last 7 days, the Auto industry has dropped 2.5%, driven by BYD declining 1.3%. In contrast, New Gonow Recreational Vehicles has gained 12%. However, the industry is down 26% over the past year. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Hong Kong Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 29 Aug 2026 | HK$1.5t | HK$2.3t | HK$83.2b | 10x | 18.3x | 0.7x |
| Mon, 27 Jul 2026 | HK$1.5t | HK$2.3t | HK$86.8b | 9.2x | 17.3x | 0.7x |
| Wed, 24 Jun 2026 | HK$1.4t | HK$2.3t | HK$86.6b | 10.8x | 16.3x | 0.6x |
| Fri, 22 May 2026 | HK$1.6t | HK$2.3t | HK$86.3b | 11.9x | 18.4x | 0.7x |
| Sun, 19 Apr 2026 | HK$1.9t | HK$2.3t | HK$97.1b | 17.6x | 19.2x | 0.8x |
| Tue, 17 Mar 2026 | HK$1.7t | HK$2.3t | HK$94.2b | 10.1x | 18.1x | 0.7x |
| Thu, 12 Feb 2026 | HK$1.7t | HK$2.3t | HK$93.8b | 13.1x | 17.9x | 0.7x |
| Sat, 10 Jan 2026 | HK$1.7t | HK$2.3t | HK$93.7b | 13.8x | 18.2x | 0.8x |
| Mon, 08 Dec 2025 | HK$1.7t | HK$2.2t | HK$92.4b | 14.2x | 18.6x | 0.8x |
| Wed, 05 Nov 2025 | HK$1.7t | HK$2.2t | HK$90.9b | 14.3x | 19x | 0.8x |
| Fri, 03 Oct 2025 | HK$2.0t | HK$2.3t | HK$92.9b | 16.7x | 21.5x | 0.9x |
| Sun, 31 Aug 2025 | HK$1.8t | HK$2.0t | HK$80.8b | 19.9x | 22.8x | 0.9x |
| Tue, 29 Jul 2025 | HK$1.8t | HK$1.9t | HK$85.9b | 23.3x | 20.8x | 0.9x |
| Thu, 26 Jun 2025 | HK$1.8t | HK$1.9t | HK$85.2b | 17.1x | 20.8x | 0.9x |
| Sat, 24 May 2025 | HK$2.0t | HK$1.9t | HK$80.4b | 25x | 25.3x | 1.1x |
| Mon, 21 Apr 2025 | HK$1.7t | HK$1.8t | HK$77.2b | 24.6x | 21.9x | 0.9x |
| Wed, 19 Mar 2025 | HK$1.9t | HK$1.7t | HK$68.8b | 12.2x | 27.7x | 1.1x |
| Fri, 14 Feb 2025 | HK$1.6t | HK$1.7t | HK$67.2b | 10.1x | 24.1x | 1x |
| Sun, 12 Jan 2025 | HK$1.3t | HK$1.7t | HK$66.8b | 13.5x | 19.9x | 0.8x |
| Tue, 10 Dec 2024 | HK$1.4t | HK$1.7t | HK$67.2b | 11.5x | 21.5x | 0.9x |
| Thu, 07 Nov 2024 | HK$1.5t | HK$1.7t | HK$66.7b | 12.2x | 22.2x | 0.9x |
| Sat, 05 Oct 2024 | HK$1.6t | HK$1.7t | HK$70.1b | 9.9x | 22.2x | 0.9x |
| Mon, 02 Sep 2024 | HK$1.2t | HK$1.7t | HK$70.5b | 7.3x | 17.2x | 0.7x |
| Wed, 31 Jul 2024 | HK$1.2t | HK$1.6t | HK$59.5b | 9.1x | 19.6x | 0.7x |
| Fri, 28 Jun 2024 | HK$1.2t | HK$1.6t | HK$58.6b | 10.1x | 21.2x | 0.8x |
| Sun, 26 May 2024 | HK$1.2t | HK$1.6t | HK$58.8b | 12.3x | 20x | 0.7x |
| Tue, 23 Apr 2024 | HK$1.1t | HK$1.6t | HK$56.0b | 13.9x | 20.5x | 0.7x |
| Thu, 21 Mar 2024 | HK$1.2t | HK$1.5t | HK$67.1b | 12.3x | 17.5x | 0.8x |
| Sat, 17 Feb 2024 | HK$1.0t | HK$1.5t | HK$67.6b | 11.6x | 15.3x | 0.7x |
| Mon, 15 Jan 2024 | HK$1.1t | HK$1.5t | HK$65.1b | 14.1x | 17x | 0.7x |
| Wed, 13 Dec 2023 | HK$1.2t | HK$1.5t | HK$64.9b | 14.9x | 17.7x | 0.8x |
| Fri, 10 Nov 2023 | HK$1.3t | HK$1.5t | HK$63.9b | 16.6x | 20.2x | 0.9x |
| Sun, 08 Oct 2023 | HK$1.2t | HK$1.4t | HK$58.4b | 16.3x | 21.2x | 0.9x |
| Tue, 05 Sep 2023 | HK$1.3t | HK$1.4t | HK$58.7b | 17.3x | 22.6x | 0.9x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Auto industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 19.9x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Auto industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?
| HK Market | -0.095% | |
| Consumer Discretionary | -2.18% | |
| Auto | -2.54% | |
| Automobile Manufacturers | -2.51% | |
| Motorcycle Manufacturers | -3.62% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry, which is trading close to its 3-year average PE ratio of 20.1x.
- Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings decline of 34.0% per year.
- Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 17.1x.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 34% per year.
- In contrast, the Motorcycle Manufacturers industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 805 New Gonow Recreational Vehicles | HK$10.00 | 11.7% +HK$1.0b | 754.7% | PE267.3x | |
| 1958 BAIC Motor | HK$0.81 | 5.8% +HK$360.7m | -60.2% | PS0.04x | |
| 1114 Brilliance China Automotive Holdings | HK$2.44 | 1.5% +HK$176.6m | -38.7% | PE9.9x | |
| 476 Ev Dynamics (Holdings) | HK$0.63 | 12.5% +HK$22.7m | -32.3% | PS5x |