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Feb 03
Hong Kong (HSI) Consumer Services Industry Analysis
UpdatedFeb 05, 2023
DataAggregated Company Financials
Companies61
- 7D-9.5%
- 3M51.1%
- 1Y49.3%
- YTD10.5%
Over the last 7 days, the Consumer Services industry has dropped 9.5%, driven by Koolearn Technology Holding declining 16%. Meanwhile, Fenbi actually outperformed within the industry, gaining 15% in the last week. This takes the industry's 12 month performance to a gain of 49%. As for the next few years, earnings are expected to grow by 22% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 05 Feb 2023 | HK$212.4b | HK$57.2b | HK$10.9b | 10.9x | 19.5x | 3.7x |
| Tue, 03 Jan 2023 | HK$185.3b | HK$52.2b | HK$9.7b | 8.8x | 19x | 3.6x |
| Thu, 01 Dec 2022 | HK$149.9b | HK$50.6b | HK$6.3b | 8.1x | 23.6x | 3x |
| Sat, 29 Oct 2022 | HK$124.7b | HK$48.4b | HK$4.4b | 6.5x | 28.2x | 2.6x |
| Mon, 26 Sep 2022 | HK$116.4b | HK$48.9b | HK$4.5b | 7x | 25.8x | 2.4x |
| Wed, 24 Aug 2022 | HK$120.6b | HK$52.6b | HK$3.0b | 8.1x | 40.3x | 2.3x |
| Fri, 22 Jul 2022 | HK$124.4b | HK$53.8b | HK$3.3b | 8.3x | 37.4x | 2.3x |
| Sun, 19 Jun 2022 | HK$140.1b | HK$54.0b | HK$3.7b | 8.4x | 37.8x | 2.6x |
| Tue, 17 May 2022 | HK$104.4b | HK$53.4b | HK$3.5b | 8.7x | 29.5x | 2x |
| Thu, 14 Apr 2022 | HK$117.2b | HK$55.0b | HK$3.9b | 8.3x | 29.9x | 2.1x |
| Sat, 12 Mar 2022 | HK$120.4b | HK$56.2b | HK$5.0b | 8x | 24.2x | 2.1x |
| Mon, 07 Feb 2022 | HK$138.2b | HK$57.1b | HK$7.6b | 10.3x | 18.2x | 2.4x |
| Wed, 05 Jan 2022 | HK$181.4b | HK$62.1b | HK$8.1b | 13.2x | 22.4x | 2.9x |
| Fri, 03 Dec 2021 | HK$190.7b | HK$59.2b | HK$12.1b | 15.3x | 15.7x | 3.2x |
| Sun, 31 Oct 2021 | HK$189.2b | HK$55.9b | HK$10.2b | 15.3x | 18.5x | 3.4x |
| Tue, 28 Sep 2021 | HK$184.1b | HK$55.4b | HK$10.0b | 14.4x | 18.3x | 3.3x |
| Thu, 26 Aug 2021 | HK$197.8b | HK$55.3b | HK$10.0b | 15.4x | 19.8x | 3.6x |
| Fri, 02 Jul 2021 | HK$257.9b | HK$54.4b | HK$9.6b | 18.9x | 26.9x | 4.7x |
| Mon, 05 Apr 2021 | HK$275.3b | HK$51.5b | HK$9.3b | 20.8x | 29.5x | 5.3x |
| Thu, 07 Jan 2021 | HK$289.8b | HK$47.3b | HK$7.8b | 24.2x | 37.1x | 6.1x |
| Wed, 30 Sep 2020 | HK$284.4b | HK$43.6b | HK$7.1b | 20.1x | 39.8x | 6.5x |
| Sat, 04 Jul 2020 | HK$259.2b | HK$40.1b | HK$7.9b | 21.4x | 32.8x | 6.5x |
| Tue, 07 Apr 2020 | HK$216.9b | HK$40.9b | HK$8.4b | 15x | 25.8x | 5.3x |
Price to Earnings Ratio
26.5x
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 19.5x which is lower than its 3-year average PE of 29.2x.
- The 3-year average PS ratio of 4.4x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Consumer Services industry have grown 6.3% per year over the last three years.
- Revenues for these companies have grown 11% 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 | -3.43% | |
| Consumer Discretionary | -2.35% | |
| Consumer Services | -9.54% | |
| Specialized Consumer Services | -4.45% | |
| Education Services | -10.73% | |
Industry PE
- Investors are most optimistic about the Specialized Consumer Services industry which is trading above its 3-year average PE ratio of 28.4x.
- Analysts are expecting annual earnings growth of 34.0%, which is higher than its past year's earnings decline of 35.1% per year.
- Investors are most pessimistic about the Education Services industry, which is trading below its 3-year average of 30.7x.
Forecasted Growth
- Analysts are most optimistic on the Specialized Consumer Services industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings decline of 35% per year.
- In contrast, the Education Services industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| 2469 Fenbi | HK$11.60 | 14.9% +HK$3.5b | n/a | PS7.8x | |
| 1935 JH Educational Technology | HK$1.46 | 9.0% +HK$192.1m | -54.1% | PE5.4x | |
| 32 Cross-Harbour (Holdings) | HK$11.00 | 2.6% +HK$104.4m | -0.2% | PB0.6x | |
| 1851 China Gingko Education Group | HK$0.89 | 21.9% +HK$80.0m | -16.0% | PE5.7x | |
| 1939 Tokyo Chuo Auction Holdings | HK$0.79 | 17.9% +HK$60.0m | -19.4% | PE88.3x |
