Hong Kong (HSI) Consumer Durables Industry Analysis

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
Wed, 22 Jul 2026	HK$120.4b	HK$308.5b	HK$8.3b	8.7x	14.5x	0.4x
Fri, 19 Jun 2026	HK$130.2b	HK$312.4b	HK$8.5b	10.1x	15.3x	0.4x
Sun, 17 May 2026	HK$141.3b	HK$307.6b	HK$8.2b	9.5x	17.2x	0.5x
Tue, 14 Apr 2026	HK$137.3b	HK$303.5b	HK$8.3b	10.2x	16.6x	0.5x
Thu, 12 Mar 2026	HK$141.9b	HK$301.8b	HK$9.4b	9.1x	15.1x	0.5x
Sat, 07 Feb 2026	HK$156.5b	HK$300.2b	HK$9.4b	8.8x	16.7x	0.5x
Mon, 05 Jan 2026	HK$109.3b	HK$298.0b	HK$9.3b	8.7x	11.8x	0.4x
Wed, 03 Dec 2025	HK$111.5b	HK$296.6b	HK$9.2b	8.1x	12.1x	0.4x
Fri, 31 Oct 2025	HK$109.3b	HK$296.1b	HK$9.1b	8.8x	12x	0.4x
Sun, 28 Sep 2025	HK$108.4b	HK$295.9b	HK$9.1b	7.9x	11.9x	0.4x
Tue, 26 Aug 2025	HK$86.8b	HK$254.4b	HK$4.8b	8.8x	18.1x	0.3x
Thu, 24 Jul 2025	HK$81.0b	HK$245.2b	HK$4.4b	8.6x	18.4x	0.3x
Sat, 21 Jun 2025	HK$74.0b	HK$243.8b	HK$4.3b	8.1x	17.3x	0.3x
Mon, 19 May 2025	HK$78.0b	HK$243.0b	HK$4.3b	8.3x	18.2x	0.3x
Wed, 16 Apr 2025	HK$73.2b	HK$247.5b	HK$5.4b	8x	13.6x	0.3x
Fri, 14 Mar 2025	HK$77.4b	HK$237.3b	HK$4.2b	8.3x	18.5x	0.3x
Sun, 09 Feb 2025	HK$76.7b	HK$239.2b	HK$5.6b	7.9x	13.6x	0.3x
Tue, 07 Jan 2025	HK$75.7b	HK$238.6b	HK$5.6b	7.7x	13.5x	0.3x
Thu, 05 Dec 2024	HK$71.3b	HK$239.4b	HK$5.6b	7.6x	12.6x	0.3x
Sat, 02 Nov 2024	HK$80.4b	HK$244.6b	HK$6.1b	7.5x	13.3x	0.3x
Mon, 30 Sep 2024	HK$79.0b	HK$243.9b	HK$5.8b	6.9x	13.7x	0.3x
Wed, 28 Aug 2024	HK$67.1b	HK$244.3b	HK$5.9b	7x	11.4x	0.3x
Fri, 26 Jul 2024	HK$67.1b	HK$233.3b	HK$5.1b	7.2x	13.1x	0.3x
Sun, 23 Jun 2024	HK$79.2b	HK$232.7b	HK$5.4b	6.8x	14.8x	0.3x
Tue, 21 May 2024	HK$86.7b	HK$233.2b	HK$5.7b	7.1x	15.3x	0.4x
Thu, 18 Apr 2024	HK$72.9b	HK$231.1b	HK$5.2b	7.1x	13.9x	0.3x
Sat, 16 Mar 2024	HK$67.6b	HK$204.9b	HK$7.8b	7.5x	8.7x	0.3x
Mon, 12 Feb 2024	HK$59.7b	HK$205.0b	HK$7.8b	7.2x	7.7x	0.3x
Wed, 10 Jan 2024	HK$68.6b	HK$205.1b	HK$7.8b	7.2x	8.8x	0.3x
Fri, 08 Dec 2023	HK$67.2b	HK$205.1b	HK$7.8b	7.1x	8.6x	0.3x
Sun, 05 Nov 2023	HK$69.5b	HK$205.0b	HK$7.3b	7.5x	9.5x	0.3x
Tue, 03 Oct 2023	HK$72.3b	HK$246.7b	HK$7.4b	8.3x	9.8x	0.3x
Thu, 31 Aug 2023	HK$73.4b	HK$249.3b	HK$7.6b	8.6x	9.7x	0.3x
Sat, 29 Jul 2023	HK$86.1b	HK$257.3b	HK$7.8b	9.3x	11.1x	0.3x

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 13.4x.

The industry is trading close to its 3-year average PS ratio of 0.35x.

Past Earnings Growth

The earnings for companies in the Consumer Durables industry have grown 2.3% per year over the last three years.
Revenues for these companies have grown 6.2% 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	2.31%
Consumer Discretionary	2.98%
Consumer Durables	0.62%
Home Furnishings	2.54%
Consumer Electronics	0.58%
Household Appliances	0.47%
Housewares and Specialties	-1.43%
Homebuilding	-2.54%

Industry PE

Investors are most optimistic about the Consumer Electronics industry, which is trading close to its 3-year average PE ratio of 15.5x.

Analysts are expecting annual earnings growth of 23.0%, which is higher than its past year's earnings growth of 17.6% per year.

Investors are most pessimistic about the Homebuilding industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.4x.

Forecasted Growth

Analysts are most optimistic on the Household Appliances industry, expecting annual earnings growth of 42% over the next 5 years.
This is better than its past earnings decline of 25% per year.

In contrast, the Home Furnishings industry is expected to see its earnings grow by 3.6% 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
2580 Aux Electric	HK$10.20	2.9% +HK$460.6m	n/a	PE6.3x
1999 Man Wah Holdings	HK$3.15	2.9% +HK$346.1m	-31.1%	PE6.7x
1070 TCL Electronics Holdings	HK$14.72	0.7% +HK$252.1m	43.2%	PE13.8x
751 Skyworth Group	HK$4.51	2.0% +HK$169.9m	33.4%	PE20.6x
664 Hangzhou Tongshifu Cultural and Creative (Group)	HK$14.70	5.3% +HK$47.7m	n/a	PE17.1x

Company

Last Price

Valuation

2580 Aux Electric

HK$10.20

2.9%
+HK$460.6m

n/a

PE6.3x

1999 Man Wah Holdings

HK$3.15

2.9%
+HK$346.1m

-31.1%

PE6.7x

1070 TCL Electronics Holdings

HK$14.72

0.7%
+HK$252.1m

43.2%

PE13.8x

751 Skyworth Group

HK$4.51

2.0%
+HK$169.9m

33.4%

PE20.6x

664 Hangzhou Tongshifu Cultural and Creative (Group)

HK$14.70

5.3%
+HK$47.7m

n/a

PE17.1x

Gc Construction Holdings Limited Announces Board and Committee Changes, Effective July 21, 2026

GC Construction Holdings Limited announced that Dr. Huang Hong resigned as an independent non-executive Director with effect from July 21, 2026 due to her wish to devote more time to her personal commitments. Upon her resignation taking effect, Dr. Huang also ceased to be the chairperson of the remuneration committee and a member of each of the audit committee and the nomination committee. GC Construction Holdings Limited announced that Dr. Wong Suet Fan, Josephine was appointed as an independent non-executive Director, and as the chairperson of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee, with effect from July 21, 2026. Dr. Wong Suet Fan, Josephine, aged 60, has over 30 years of experience in audit, accounting education, professional examination governance and professional services. Her expertise covers financial reporting, audit, compliance and risk management. She also has extensive experience in higher education and programme leadership, supported by her long-standing service to the Hong Kong Institute of Certified Public Accountants in examination, moderation and training roles. Dr. Wong joined KPMG Peat Marwick as an assistant accountant in 1993 and left as an audit supervisor in 1998. From 1998 to 2002, she was a senior manager at Fan, Mitchell & Co. From 2003 to 2015, Dr. Wong was a lecturer at the School of Accounting and Finance of The Hong Kong Polytechnic University, with her last position as lecturer. From 2015 to 2020, she was a lecturer at the School of Professional Education and Executive Development of The Hong Kong Polytechnic University, and she was also the deputy programme leader of the school from 2016 to 2019. Since 2020, Dr. Wong has been a lecturer at the School of Accounting and Finance of The Hong Kong Polytechnic University. Dr. Wong was an examination panellist of the HKICPA from 2007 to 2023, a co-opted member of the moderation sub-group of the professional examination of the HKICPA from 2016 to 2023 and a member of the academic advisory panel – QP analysis competition and career forum of the HKICPA from 2014 to 2023. She was also a member of the professional development sub-committee of the Association of Chartered Certified Accountants from 2007 to 2016. Dr. Wong graduated from The University of Hong Kong with a bachelor’s degree of social sciences and further obtained a master’s degree of economics from The University of Hong Kong. She obtained a doctor’s degree of philosophy from The Hong Kong Polytechnic University. Dr. Wong is a certified public accountant of the HKICPA, a fellow of the Association of Chartered Certified Accountants, a fellow of the Institute of Chartered Accountants in England and Wales, and an associate and a certified tax adviser of The Taxation Institute of Hong Kong. Dr. Wong entered into a letter of appointment with the Company for an initial term of three years, which may continue thereafter until terminated in accordance with the terms of the letter of appointment. Following the above changes, with effect from July 21, 2026, the composition of the Board committees is as follows: Audit Committee: Mr. Yu Chi Wing (Chairperson), Dr. Lo Ki Chiu, Dr. Luk Che Chung, JP and Dr. Wong Suet Fan, Josephine; Remuneration Committee: Dr. Wong Suet Fan, Josephine (Chairperson), Mr. Chan Kiu Sum, Mr. Yu Chi Wing and Dr. Luk Che Chung, JP; Nomination Committee: Mr. Chan Kiu Sum (Chairperson), Mr. Yu Chi Wing and Dr. Luk Che Chung, JP and Dr. Wong Suet Fan, Josephine. As at the date of this announcement, the Board comprises Mr. Chan Kiu Sum (Chairman and Chief Executive Officer), Mr. Chan Wing Ping and Ms. Chan Chui Ying as executive Directors and Mr. Yu Chi Wing, Dr. Lo Ki Chiu, Dr. Luk Che Chung, JP and Dr. Wong Suet Fan, Josephine as independent non-executive Directors.

Hong Kong (HSI) Consumer Durables Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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