Why Chervon Holdings Limited (HKG:2285) Could Be Worth Watching
Nov 22
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Household Appliances Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies10
- 7D-4.6%
- 3M-10.0%
- 1Y-19.1%
- YTDn/a
Over the last 7 days, the Household Appliances industry has dropped 2.9%, driven by Chervon Holdings declining 6.0%. Overall the industry is down 17% in 12 months. Looking forward, earnings are forecast to grow by 41% annually.
Industry Valuation and Performance
Has the Hong Kong Household Appliances Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | HK$19.3b | HK$32.4b | HK$936.9m | 8.2x | 20.6x | 0.6x |
| Tue, 22 Oct 2024 | HK$23.9b | HK$32.4b | HK$934.7m | 8.6x | 25.6x | 0.7x |
| Thu, 19 Sep 2024 | HK$22.0b | HK$32.0b | HK$1.0b | 8.1x | 21.8x | 0.7x |
| Sat, 17 Aug 2024 | HK$22.1b | HK$31.9b | HK$688.8m | 7.5x | 32x | 0.7x |
| Mon, 15 Jul 2024 | HK$23.2b | HK$31.9b | HK$672.3m | 8.3x | 34.5x | 0.7x |
| Wed, 12 Jun 2024 | HK$24.5b | HK$31.8b | HK$814.6m | 8.1x | 30.1x | 0.8x |
| Fri, 10 May 2024 | HK$25.9b | HK$31.9b | HK$814.9m | 8.1x | 31.8x | 0.8x |
| Sun, 07 Apr 2024 | HK$22.5b | HK$31.9b | HK$816.1m | 8.1x | 27.6x | 0.7x |
| Tue, 05 Mar 2024 | HK$20.3b | HK$61.7b | HK$3.6b | 7.5x | 5.6x | 0.3x |
| Thu, 01 Feb 2024 | HK$19.7b | HK$61.8b | HK$3.6b | 8.4x | 5.5x | 0.3x |
| Sat, 30 Dec 2023 | HK$26.6b | HK$61.7b | HK$3.6b | 8x | 7.4x | 0.4x |
| Mon, 27 Nov 2023 | HK$24.1b | HK$61.8b | HK$3.3b | 8.2x | 7.2x | 0.4x |
| Wed, 25 Oct 2023 | HK$22.4b | HK$62.0b | HK$3.4b | 7.9x | 6.7x | 0.4x |
| Fri, 22 Sep 2023 | HK$23.6b | HK$62.0b | HK$3.4b | 8.5x | 7x | 0.4x |
| Sun, 20 Aug 2023 | HK$24.6b | HK$64.8b | HK$3.4b | 8.7x | 7.2x | 0.4x |
| Tue, 18 Jul 2023 | HK$27.2b | HK$64.7b | HK$3.4b | 8.5x | 7.9x | 0.4x |
| Thu, 15 Jun 2023 | HK$50.3b | HK$65.5b | HK$3.5b | 10.2x | 14.2x | 0.8x |
| Sat, 13 May 2023 | HK$49.7b | HK$65.5b | HK$3.5b | 9.6x | 14x | 0.8x |
| Mon, 10 Apr 2023 | HK$52.0b | HK$65.6b | HK$3.5b | 10.3x | 14.7x | 0.8x |
| Wed, 08 Mar 2023 | HK$59.3b | HK$65.9b | HK$4.2b | 9.4x | 14.2x | 0.9x |
| Fri, 03 Feb 2023 | HK$64.1b | HK$65.8b | HK$4.2b | 10.2x | 15.4x | 1x |
| Sun, 01 Jan 2023 | HK$59.6b | HK$65.5b | HK$4.1b | 9.5x | 14.4x | 0.9x |
| Tue, 29 Nov 2022 | HK$52.1b | HK$66.5b | HK$4.4b | 6.6x | 11.7x | 0.8x |
| Thu, 27 Oct 2022 | HK$43.9b | HK$66.8b | HK$4.5b | 6.5x | 9.8x | 0.7x |
| Sat, 24 Sep 2022 | HK$52.5b | HK$66.8b | HK$4.5b | 7.4x | 11.8x | 0.8x |
| Mon, 22 Aug 2022 | HK$57.9b | HK$65.6b | HK$5.0b | 7.7x | 11.6x | 0.9x |
| Wed, 20 Jul 2022 | HK$58.2b | HK$65.6b | HK$5.0b | 8x | 11.7x | 0.9x |
| Fri, 17 Jun 2022 | HK$61.1b | HK$66.2b | HK$5.0b | 8.8x | 12.1x | 0.9x |
| Sun, 15 May 2022 | HK$62.5b | HK$66.2b | HK$5.0b | 9.4x | 12.4x | 0.9x |
| Tue, 12 Apr 2022 | HK$61.7b | HK$66.1b | HK$5.0b | 9.3x | 12.3x | 0.9x |
| Thu, 10 Mar 2022 | HK$60.4b | HK$62.9b | HK$5.3b | 6.8x | 11.4x | 1x |
| Sat, 05 Feb 2022 | HK$82.9b | HK$62.7b | HK$5.3b | 11.1x | 15.6x | 1.3x |
| Mon, 03 Jan 2022 | HK$60.2b | HK$50.6b | HK$4.4b | 8.9x | 13.6x | 1.2x |
| Wed, 01 Dec 2021 | HK$69.8b | HK$50.6b | HK$4.4b | 9.1x | 15.7x | 1.4x |
Price to Earnings Ratio
15.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Household Appliances industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.2x which is higher than its 3-year average PE of 15.0x.
- The industry is trading close to its 3-year average PS ratio of 0.75x.
Past Earnings Growth
- The earnings for companies in the Household Appliances industry have declined 41% per year over the last three years,
- Revenues have also declined 14% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Household Appliances compare with similar industries?
| HK Market | -0.64% | |
| Consumer Discretionary | -1.25% | |
| Consumer Durables | -4.50% | |
| Household Appliances | -4.58% | |
| Homebuilding | 0.14% | |
| Home Furnishings | -3.13% | |
| Consumer Electronics | -3.57% | |
| Housewares and Specialties | -13.83% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1692 Town Ray Holdings | HK$2.61 | 2.4% +HK$21.5m | -15.3% | PE11.2x | |
| 229 Raymond Industrial | HK$0.91 | 1.1% +HK$5.0m | 16.7% | PE6.6x |
