Hong Kong (HSI) Consumer Services Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Consumer Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 21 Jul 2026	HK$84.6b	HK$79.4b	HK$9.6b	6.8x	8.8x	1.1x
Thu, 18 Jun 2026	HK$79.5b	HK$79.4b	HK$10.1b	6.7x	7.9x	1x
Sat, 16 May 2026	HK$88.0b	HK$80.6b	HK$9.8b	7.2x	9x	1.1x
Mon, 13 Apr 2026	HK$95.4b	HK$80.2b	HK$10.0b	7.4x	9.5x	1.2x
Wed, 11 Mar 2026	HK$102.6b	HK$79.1b	HK$10.4b	7.6x	9.9x	1.3x
Fri, 06 Feb 2026	HK$110.7b	HK$78.4b	HK$10.2b	7.9x	10.8x	1.4x
Sun, 04 Jan 2026	HK$116.4b	HK$77.7b	HK$10.1b	8x	11.5x	1.5x
Tue, 02 Dec 2025	HK$106.0b	HK$75.1b	HK$9.8b	6.4x	10.8x	1.4x
Thu, 30 Oct 2025	HK$111.0b	HK$72.9b	HK$9.8b	6.7x	11.3x	1.5x
Sat, 27 Sep 2025	HK$113.0b	HK$72.5b	HK$9.8b	7.1x	11.5x	1.6x
Mon, 25 Aug 2025	HK$120.6b	HK$73.1b	HK$10.1b	7.3x	12x	1.6x
Wed, 23 Jul 2025	HK$117.1b	HK$72.6b	HK$9.8b	8.4x	11.9x	1.6x
Fri, 20 Jun 2025	HK$102.1b	HK$72.8b	HK$10.1b	7.9x	10.2x	1.4x
Sun, 18 May 2025	HK$100.3b	HK$72.9b	HK$10.0b	9.7x	10x	1.4x
Tue, 15 Apr 2025	HK$93.1b	HK$70.3b	HK$9.4b	9.2x	9.9x	1.3x
Thu, 13 Mar 2025	HK$95.3b	HK$70.4b	HK$9.9b	9.4x	9.6x	1.4x
Sat, 08 Feb 2025	HK$98.4b	HK$70.2b	HK$10.3b	8.9x	9.6x	1.4x
Mon, 06 Jan 2025	HK$92.8b	HK$69.8b	HK$10.2b	8.9x	9.1x	1.3x
Wed, 04 Dec 2024	HK$98.8b	HK$70.2b	HK$10.3b	8.1x	9.6x	1.4x
Fri, 01 Nov 2024	HK$126.2b	HK$70.0b	HK$10.7b	6.1x	11.8x	1.8x
Sun, 29 Sep 2024	HK$105.8b	HK$70.5b	HK$10.8b	6.7x	9.8x	1.5x
Tue, 27 Aug 2024	HK$96.5b	HK$69.2b	HK$10.8b	6.5x	9x	1.4x
Thu, 25 Jul 2024	HK$98.3b	HK$68.2b	HK$11.9b	6.3x	8.2x	1.4x
Sat, 22 Jun 2024	HK$101.1b	HK$67.6b	HK$12.0b	5.6x	8.5x	1.5x
Mon, 20 May 2024	HK$115.3b	HK$67.9b	HK$12.0b	6.3x	9.6x	1.7x
Wed, 17 Apr 2024	HK$102.5b	HK$65.5b	HK$12.4b	6.5x	8.3x	1.6x
Fri, 15 Mar 2024	HK$131.3b	HK$67.6b	HK$10.3b	8.4x	12.8x	1.9x
Sun, 11 Feb 2024	HK$118.5b	HK$67.7b	HK$10.3b	8.4x	11.5x	1.7x
Tue, 09 Jan 2024	HK$134.4b	HK$67.3b	HK$10.7b	8.6x	12.6x	2x
Thu, 07 Dec 2023	HK$148.9b	HK$67.3b	HK$10.7b	8.4x	13.9x	2.2x
Sat, 04 Nov 2023	HK$159.7b	HK$63.6b	HK$10.9b	8.1x	14.6x	2.5x
Mon, 02 Oct 2023	HK$153.9b	HK$63.7b	HK$10.1b	8.4x	15.3x	2.4x
Wed, 30 Aug 2023	HK$154.0b	HK$60.1b	HK$11.7b	9.6x	13.1x	2.6x
Fri, 28 Jul 2023	HK$140.2b	HK$56.8b	HK$10.9b	9x	12.8x	2.5x

Current Industry PE

Investors are pessimistic on the Hong Kong Consumer Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 8.8x which is lower than its 3-year average PE of 10.8x.

The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the Consumer Services industry have declined 4.4% per year over the last three years.
Meanwhile revenues for these companies have grown 12% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?


HK Market	3.06%
Consumer Discretionary	4.43%
Consumer Services	0.24%
Specialized Consumer Services	0.47%
Education Services	0.12%

Industry PE

Investors are most optimistic about the Specialized Consumer Services industry which is trading above its 3-year average PE ratio.

Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings growth of 15.1% per year.

Investors are most pessimistic about the Education Services industry, which is trading below its 3-year average of 8.5x.

Forecasted Growth

Analysts are most optimistic on the Specialized Consumer Services industry, expecting annual earnings growth of 23% over the next 5 years.
This is better than its past earnings growth rate of 15% per year.

In contrast, the Education Services industry is expected to see its earnings grow by 14% 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
2373 Beauty Farm Medical and Health Industry	HK$20.00	14.2% +HK$617.9m	-32.3%	PE13.5x
1890 China Kepei Education Group	HK$0.87	8.8% +HK$141.0m	-45.3%	PE2.1x
2539 Lemo Services	HK$9.99	31.1% +HK$131.7m	n/a	PE5.2x
839 China Education Group Holdings	HK$1.89	2.2% +HK$112.0m	-36.6%	PE6x
1969 China Chunlai Education Group	HK$1.00	8.7% +HK$96.0m	-78.3%	PE1.2x

Company

Last Price

Valuation

2373 Beauty Farm Medical and Health Industry

HK$20.00

14.2%
+HK$617.9m

-32.3%

PE13.5x

1890 China Kepei Education Group

HK$0.87

8.8%
+HK$141.0m

-45.3%

PE2.1x

2539 Lemo Services

HK$9.99

31.1%
+HK$131.7m

n/a

PE5.2x

839 China Education Group Holdings

HK$1.89

2.2%
+HK$112.0m

-36.6%

PE6x

1969 China Chunlai Education Group

HK$1.00

8.7%
+HK$96.0m

-78.3%

PE1.2x

Beauty Farm Medical and Health Industry Inc. Provides Group Earnings Guidance for the Six Months Ended June 30, 2026

Beauty Farm Medical and Health Industry Inc. provided group earnings guidance for the six months ended June 30, 2026. For the period, the Group is expected to record the following financial results: revenue of not less than RMB 1.88 billion, representing an increase of not less than 28% as compared to the corresponding period in 2025; net profit of not less than RMB 235 million, representing an increase of not less than 37% as compared to the corresponding period in 2025. The Group has consistently pursued the dual-engine strategy of "internal growth + external acquisitions" and has continued to integrate leading industry brands since its listing. It has now grown into one of China's leading beauty and health management service platforms in terms of scale. Leveraging its distinctive "dual beauty + dual wellness" business model, the Group has effectively navigated economic cycles and, through steady performance growth and strong profitability, fully demonstrated its strong operating resilience and growth potential. The Board considers that the growth in results for the Reporting Period was primarily attributable to the following factors: Acceleration of external acquisitions: The Group continued to advance industry consolidation. Following the acquisition of Naturade, the second-ranked beauty service brand in China, in 2024, the Group further successfully acquired Siyanli, the third-ranked brand, in 2025, whose results have been consolidated into the Group's financial statements since January 2026. The acquisition further strengthened the Group's presence in premium commercial districts across 20 core cities, effectively increasing its market share and enhancing its brand influence. The initial phase of Siyanli's integration is progressing smoothly, with synergies becoming increasingly evident and providing growth momentum for the Group's revenue and profit. Quality improvement and efficiency gains in internal growth: In the first half of the year, the Group achieved steady organic growth, with same-store revenue at its directly-operated stores continuing to increase. In the beauty and wellness services segment, benefiting from brand upgrades and digitally-driven refined operations, the number of customers grew steadily. In the consumer healthcare segment, revenue continued to climb. In particular, CellCare, the Group's aesthetic medical brand, made a major brand upgrade and launched expert-developed anti-aging solutions, driving growth in both business volume and value in the aesthetic medical services business. At the same time, the continued realization of the Group's platform-based efficiencies and economies of scale further improved the organic profit margin.

Hong Kong (HSI) Consumer Services Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment deteriorates as stock falls 28%

Beauty Farm Medical and Health Industry Inc. Provides Group Earnings Guidance for the Six Months Ended June 30, 2026

New minor risk - Share price stability

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 23%

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 22%

Non-Executive Director recently bought HK$69k worth of stock

Investor sentiment improves as stock rises 15%

Autostreets Development Limited, Annual General Meeting, Jun 30, 2026

New minor risk - Share price stability

New minor risk - Earnings quality

China YuHua Education Corporation Limited to Report First Half, 2026 Results on Apr 30, 2026

China Education Group Holdings Limited to Report Q2, 2026 Results on Apr 30, 2026

China Kepei Education Group Limited to Report First Half, 2026 Results on Apr 29, 2026

China Chunlai Education Group Co., Ltd. to Report First Half, 2026 Results on Apr 24, 2026