China Gingko Education Group (HKG:1851) Is Experiencing Growth In Returns On Capital
Jun 13
Hong Kong (HSI) Consumer Services Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies60
- 7D-0.7%
- 3M-1.6%
- 1Y-23.8%
- YTD-3.2%
Last week, the Consumer Services industry hasn't moved much but Tianli International Holdings is up 12% in that time. As for the longer term, the industry has declined 24% in the last year. Earnings are forecast to grow by 17% annually.
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, 16 Jun 2024 | HK$104.2b | HK$67.7b | HK$12.0b | 6x | 8.7x | 1.5x |
| Tue, 14 May 2024 | HK$112.7b | HK$67.9b | HK$12.0b | 6.3x | 9.4x | 1.7x |
| Thu, 11 Apr 2024 | HK$103.6b | HK$65.5b | HK$12.4b | 7.7x | 8.4x | 1.6x |
| Sat, 09 Mar 2024 | HK$129.1b | HK$67.6b | HK$10.3b | 8.4x | 12.6x | 1.9x |
| Mon, 05 Feb 2024 | HK$121.5b | HK$67.9b | HK$10.3b | 8.7x | 11.8x | 1.8x |
| Wed, 03 Jan 2024 | HK$140.0b | HK$67.5b | HK$10.7b | 8.4x | 13x | 2.1x |
| Fri, 01 Dec 2023 | HK$151.7b | HK$67.0b | HK$11.0b | 7.9x | 13.8x | 2.3x |
| Sun, 29 Oct 2023 | HK$160.8b | HK$63.5b | HK$10.0b | 8.1x | 16x | 2.5x |
| Tue, 26 Sep 2023 | HK$150.2b | HK$63.5b | HK$10.0b | 8x | 15x | 2.4x |
| Thu, 24 Aug 2023 | HK$148.2b | HK$57.4b | HK$11.1b | 9.9x | 13.3x | 2.6x |
| Sat, 22 Jul 2023 | HK$138.0b | HK$56.7b | HK$10.9b | 8.9x | 12.6x | 2.4x |
| Mon, 19 Jun 2023 | HK$144.8b | HK$56.0b | HK$10.8b | 10.1x | 13.4x | 2.6x |
| Wed, 17 May 2023 | HK$143.3b | HK$57.1b | HK$11.0b | 9.8x | 13x | 2.5x |
| Fri, 14 Apr 2023 | HK$160.0b | HK$57.4b | HK$11.3b | 9.5x | 14.1x | 2.8x |
| Sun, 12 Mar 2023 | HK$175.7b | HK$57.9b | HK$10.6b | 10x | 16.6x | 3x |
| Tue, 07 Feb 2023 | HK$203.3b | HK$57.1b | HK$10.9b | 11.2x | 18.7x | 3.6x |
| Thu, 05 Jan 2023 | HK$188.6b | HK$52.3b | HK$9.8b | 9.3x | 19.3x | 3.6x |
| Sat, 03 Dec 2022 | HK$147.0b | HK$52.8b | HK$6.0b | 7.9x | 24.6x | 2.8x |
| Mon, 31 Oct 2022 | HK$124.7b | HK$48.2b | HK$4.4b | 6.6x | 28.3x | 2.6x |
| Wed, 28 Sep 2022 | HK$120.2b | HK$48.9b | HK$4.5b | 7x | 26.8x | 2.5x |
| Fri, 26 Aug 2022 | HK$125.7b | HK$52.0b | HK$2.2b | 8.2x | 56.7x | 2.4x |
| Sun, 24 Jul 2022 | HK$124.7b | HK$53.9b | HK$3.3b | 8.3x | 37.4x | 2.3x |
| Tue, 21 Jun 2022 | HK$130.0b | HK$54.0b | HK$3.7b | 8.4x | 35.1x | 2.4x |
| Thu, 19 May 2022 | HK$106.3b | HK$53.8b | HK$3.6b | 8x | 29.9x | 2x |
| Sat, 16 Apr 2022 | HK$120.7b | HK$55.0b | HK$3.9b | 8.7x | 30.8x | 2.2x |
| Mon, 14 Mar 2022 | HK$120.4b | HK$56.1b | HK$5.0b | 8.1x | 24.3x | 2.1x |
| Wed, 09 Feb 2022 | HK$138.3b | HK$57.1b | HK$7.6b | 10x | 18.2x | 2.4x |
| Fri, 07 Jan 2022 | HK$174.7b | HK$61.9b | HK$8.1b | 7.7x | 21.6x | 2.8x |
| Sun, 05 Dec 2021 | HK$190.9b | HK$59.6b | HK$12.5b | 13.9x | 15.3x | 3.2x |
| Tue, 02 Nov 2021 | HK$187.5b | HK$55.9b | HK$10.2b | 15.6x | 18.3x | 3.4x |
| Thu, 30 Sep 2021 | HK$183.9b | HK$55.5b | HK$10.1b | 16x | 18.1x | 3.3x |
| Sat, 28 Aug 2021 | HK$197.7b | HK$55.3b | HK$10.0b | 16.2x | 19.8x | 3.6x |
| Sun, 04 Jul 2021 | HK$257.9b | HK$54.4b | HK$9.6b | 18.9x | 26.9x | 4.7x |
Price to Earnings Ratio
26.9x
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 8.7x which is lower than its 3-year average PE of 19.7x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Consumer Services industry have grown 7.7% per year over the last three years.
- Revenues for these companies have grown 7.6% 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 | -1.82% | |
| Consumer Discretionary | -1.26% | |
| Consumer Services | -0.69% | |
| Education Services | -0.39% | |
| Specialized Consumer Services | -1.51% | |
Industry PE
- Investors are most optimistic about the Specialized Consumer Services industry even though it's trading below its 3-year average PE ratio of 26.2x.
- Analysts are expecting annual earnings growth of 2.9%, which is lower than the prior year's growth of 20.1% per year.
- Investors are most pessimistic about the Education Services industry, which is trading below its 3-year average of 20.3x.
Forecasted Growth
- Analysts are most optimistic on the Education Services industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Specialized Consumer Services industry is expected to see its earnings grow by 2.9% 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 | |
|---|---|---|---|---|---|
| 1773 Tianli International Holdings | HK$4.90 | 11.6% +HK$1.1b | 118.8% | PE21.4x | |
| 1565 Virscend Education | HK$0.22 | 16.5% +HK$95.8m | 52.1% | PE15.6x | |
| 1851 China Gingko Education Group | HK$0.88 | 11.4% +HK$45.0m | -12.0% | PE2.8x | |
| 1890 China Kepei Education Group | HK$1.52 | 1.3% +HK$40.3m | -40.6% | PE3.7x | |
| 6966 China Wan Tong Yuan (Holdings) | HK$0.56 | 7.7% +HK$40.0m | 47.4% | PE29.5x |
