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Hong Kong (HSI) Consumer Durables Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies35
- 7D-5.0%
- 3M3.8%
- 1Y-2.3%
- YTD-6.3%
Over the last 7 days, the Consumer Durables industry has dropped 5.0%, driven by Man Wah Holdings declining 5.8%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Hong Kong Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$70.7b | HK$240.2b | HK$6.0b | 6.7x | 11.8x | 0.3x |
| Sat, 19 Oct 2024 | HK$79.5b | HK$244.7b | HK$6.1b | 7.8x | 13.1x | 0.3x |
| Mon, 16 Sep 2024 | HK$65.6b | HK$243.3b | HK$5.8b | 6.6x | 11.3x | 0.3x |
| Wed, 14 Aug 2024 | HK$66.9b | HK$233.8b | HK$5.1b | 7.2x | 13.1x | 0.3x |
| Fri, 12 Jul 2024 | HK$72.5b | HK$232.9b | HK$5.1b | 7.3x | 14.2x | 0.3x |
| Sun, 09 Jun 2024 | HK$80.2b | HK$233.2b | HK$5.7b | 7.2x | 14.1x | 0.3x |
| Tue, 07 May 2024 | HK$79.6b | HK$232.3b | HK$5.3b | 7.3x | 14.9x | 0.3x |
| Thu, 04 Apr 2024 | HK$72.5b | HK$231.1b | HK$5.2b | 7.1x | 13.8x | 0.3x |
| Sat, 02 Mar 2024 | HK$65.1b | HK$204.9b | HK$7.8b | 7.5x | 8.4x | 0.3x |
| Mon, 29 Jan 2024 | HK$64.1b | HK$205.1b | HK$7.8b | 7.2x | 8.2x | 0.3x |
| Wed, 27 Dec 2023 | HK$69.4b | HK$205.1b | HK$7.8b | 7.1x | 8.9x | 0.3x |
| Fri, 24 Nov 2023 | HK$71.4b | HK$205.0b | HK$7.4b | 7.2x | 9.7x | 0.3x |
| Sun, 22 Oct 2023 | HK$68.2b | HK$246.4b | HK$7.3b | 7.9x | 9.3x | 0.3x |
| Tue, 19 Sep 2023 | HK$74.9b | HK$246.5b | HK$7.3b | 8.2x | 10.2x | 0.3x |
| Thu, 17 Aug 2023 | HK$77.7b | HK$241.6b | HK$7.6b | 8.5x | 10.2x | 0.3x |
| Sat, 15 Jul 2023 | HK$85.1b | HK$257.9b | HK$7.8b | 9x | 10.9x | 0.3x |
| Mon, 12 Jun 2023 | HK$103.8b | HK$259.1b | HK$7.2b | 9.7x | 14.5x | 0.4x |
| Wed, 10 May 2023 | HK$111.3b | HK$264.8b | HK$7.6b | 9.8x | 14.6x | 0.4x |
| Fri, 07 Apr 2023 | HK$116.3b | HK$265.8b | HK$7.8b | 9.9x | 15x | 0.4x |
| Sun, 05 Mar 2023 | HK$134.3b | HK$274.2b | HK$10.0b | 7.9x | 13.5x | 0.5x |
| Tue, 31 Jan 2023 | HK$141.9b | HK$276.0b | HK$10.0b | 8x | 14.2x | 0.5x |
| Thu, 29 Dec 2022 | HK$122.9b | HK$272.1b | HK$9.9b | 7.6x | 12.5x | 0.5x |
| Sat, 26 Nov 2022 | HK$110.5b | HK$268.9b | HK$10.6b | 7.2x | 10.5x | 0.4x |
| Mon, 24 Oct 2022 | HK$96.5b | HK$268.6b | HK$10.7b | 6.8x | 9x | 0.4x |
| Wed, 21 Sep 2022 | HK$115.5b | HK$271.4b | HK$10.8b | 7.8x | 10.7x | 0.4x |
| Fri, 19 Aug 2022 | HK$125.7b | HK$273.2b | HK$12.6b | 9.2x | 10x | 0.5x |
| Sun, 17 Jul 2022 | HK$125.4b | HK$276.6b | HK$13.2b | 8.2x | 9.5x | 0.5x |
| Tue, 14 Jun 2022 | HK$131.1b | HK$279.2b | HK$12.9b | 8.6x | 10.1x | 0.5x |
| Thu, 12 May 2022 | HK$133.0b | HK$277.3b | HK$12.9b | 8.7x | 10.3x | 0.5x |
| Sat, 09 Apr 2022 | HK$139.1b | HK$282.4b | HK$13.1b | 9x | 10.6x | 0.5x |
| Mon, 07 Mar 2022 | HK$155.5b | HK$270.1b | HK$15.6b | 7.9x | 10x | 0.6x |
| Wed, 02 Feb 2022 | HK$187.6b | HK$269.2b | HK$15.6b | 8.7x | 12.1x | 0.7x |
| Fri, 31 Dec 2021 | HK$170.6b | HK$256.9b | HK$14.7b | 7.6x | 11.6x | 0.7x |
| Sun, 28 Nov 2021 | HK$188.2b | HK$256.7b | HK$14.7b | 7.8x | 12.8x | 0.7x |
Price to Earnings Ratio
12.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Consumer Durables 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 11.6x.
- The industry is trading close to its 3-year average PS ratio of 0.41x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have declined 26% per year over the last three years,
- Revenues have also declined 2.2% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?
| HK Market | 0.42% | |
| Consumer Discretionary | -1.22% | |
| Consumer Durables | -5.02% | |
| Consumer Electronics | -1.92% | |
| Household Appliances | -4.80% | |
| Home Furnishings | -5.03% | |
| Homebuilding | -6.30% | |
| Housewares and Specialties | -16.48% | |
Industry PE
- Investors are most optimistic about the Household Appliances industry which is trading above its 3-year average PE ratio of 15.0x.
- Analysts are expecting annual earnings growth of 40.6%, which is higher than its past year's earnings growth of 9.9% per year.
- Investors are most pessimistic about the Homebuilding industry, which is trading close to its 3-year average of 4.4x.
Forecasted Growth
- Analysts are most optimistic on the Household Appliances industry, expecting annual earnings growth of 41% over the next 5 years.
- This is better than its past earnings growth rate of 9.9% per year.
- In contrast, the Home Furnishings industry is expected to see its earnings grow by 7.8% 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 | |
|---|---|---|---|---|---|
| 1070 TCL Electronics Holdings | HK$5.26 | 4.0% +HK$504.2m | 89.2% | PE11.7x | |
| 3882 Sky Light Holdings | HK$1.14 | 3.6% +HK$40.3m | 26.7% | PS3.6x | |
| 2549 Carote | HK$5.90 | 0.9% +HK$27.8m | n/a | PE11.3x | |
| 1418 Sinomax Group | HK$0.23 | 6.3% +HK$24.5m | 201.3% | PE3.9x | |
| 146 Tai Ping Carpets International | HK$1.28 | 8.5% +HK$21.2m | 42.2% | PE6.4x |
