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Hong Kong (HSI) Hospitality Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies91
  • 7D5.6%
  • 3M4.4%
  • 1Y-30.1%
  • YTD5.6%

In the last week, the Hospitality industry is up 5.6%, with Haidilao International Holding up 18%. In the past year, the industry is down 30%. Looking forward, earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$1.1tHK$551.9bHK$17.8b15.7x59.7x1.9x
Wed, 14 Feb 2024HK$894.9bHK$525.9bHK$7.6b11.3x118.2x1.7x
Fri, 12 Jan 2024HK$942.5bHK$527.8bHK$7.5b11.9x124.9x1.8x
Sun, 10 Dec 2023HK$1.0tHK$511.9bHK$4.9b13.4x214.1x2x
Tue, 07 Nov 2023HK$1.3tHK$504.1bHK$4.1b15.1x318.9x2.6x
Thu, 05 Oct 2023HK$1.3tHK$502.7bHK$4.0b15.5x331.6x2.6x
Sat, 02 Sep 2023HK$1.4tHK$505.7bHK$3.9b17.3x374.9x2.9x
Mon, 31 Jul 2023HK$1.6tHK$450.2b-HK$19,749,415,610.0016.1x-79.4x3.5x
Wed, 28 Jun 2023HK$1.4tHK$447.6b-HK$20,786,212,797.0017.5x-67.9x3.2x
Fri, 26 May 2023HK$1.4tHK$440.2b-HK$31,820,089,441.0017.7x-45.5x3.3x
Sun, 23 Apr 2023HK$1.6tHK$448.5b-HK$32,082,255,656.0016.9x-49.2x3.5x
Tue, 21 Mar 2023HK$1.5tHK$444.6b-HK$42,732,147,162.0018.9x-34.6x3.3x
Thu, 16 Feb 2023HK$673.6bHK$206.6b-HK$26,007,496,495.0022x-25.9x3.3x
Sat, 14 Jan 2023HK$703.9bHK$207.0b-HK$27,068,908,459.0022x-26x3.4x
Mon, 12 Dec 2022HK$668.3bHK$203.1b-HK$26,748,107,954.0019.8x-25x3.3x
Wed, 09 Nov 2022HK$530.8bHK$201.5b-HK$27,078,022,886.0017.3x-19.6x2.6x
Fri, 07 Oct 2022HK$593.6bHK$202.6b-HK$27,139,039,284.0019.2x-21.9x2.9x
Sun, 04 Sep 2022HK$568.3bHK$205.5b-HK$26,830,898,294.0020.9x-21.2x2.8x
Tue, 02 Aug 2022HK$743.3bHK$237.2b-HK$36,458,310,206.0025.3x-20.4x3.1x
Thu, 30 Jun 2022HK$779.3bHK$237.5b-HK$36,234,594,186.0019.6x-21.5x3.3x
Sat, 28 May 2022HK$656.1bHK$256.1b-HK$36,301,934,445.0020.8x-18.1x2.6x
Mon, 25 Apr 2022HK$732.0bHK$263.7b-HK$40,675,481,968.0018.3x-18x2.8x
Wed, 23 Mar 2022HK$732.9bHK$253.5b-HK$33,737,203,261.0016x-21.7x2.9x
Fri, 18 Feb 2022HK$914.9bHK$249.9b-HK$42,381,067,687.0022.6x-21.6x3.7x
Sun, 16 Jan 2022HK$792.2bHK$252.7b-HK$41,125,016,415.0018.4x-19.3x3.1x
Tue, 14 Dec 2021HK$800.3bHK$252.6b-HK$41,135,538,035.0022.3x-19.5x3.2x
Thu, 11 Nov 2021HK$830.9bHK$249.1b-HK$41,069,969,262.0022.9x-20.2x3.3x
Sat, 09 Oct 2021HK$850.2bHK$248.3b-HK$40,691,596,166.0020.4x-20.9x3.4x
Mon, 06 Sep 2021HK$996.9bHK$244.7b-HK$40,790,927,255.4424.8x-24.4x4.1x
Wed, 04 Aug 2021HK$933.9bHK$244.7b-HK$40,808,055,255.4425.2x-22.9x3.8x
Sat, 08 May 2021HK$1.3tHK$221.3b-HK$48,832,774,645.8824.9x-26.8x5.9x
Price to Earnings Ratio

-27.6x


Total Market Cap: HK$1.3tTotal Earnings: -HK$48,832,774,645.88Total Revenue: HK$221.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Hospitality Industry Price to Earnings3Y Average 15.2x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Hospitality industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 59.7x which is higher than its 3-year average PE of 15.2x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 36% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

HK Market1.55%
Consumer Discretionary5.94%
Hospitality5.65%
Restaurants7.59%
Casinos and Gaming2.70%
Leisure Facilities2.28%
Hotels, Resorts and Cruise Lines1.06%
Industry PE
  • Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 24.3%, which is lower than the prior year's growth of 83.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 104% over the next 5 years.
  • In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
6862 Haidilao International HoldingHK$17.3017.8%
+HK$14.6b
-13.2%PE23.2x
3690 MeituanHK$90.401.3%
+HK$7.4b
-29.9%PE48.8x
27 Galaxy Entertainment GroupHK$40.001.5%
+HK$2.6b
-20.2%PE25.6x
1128 Wynn MacauHK$6.784.3%
+HK$1.5b
-6.1%PS1.9x
9922 Jiumaojiu International HoldingsHK$5.9812.6%
+HK$962.5m
-64.7%PE37x
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Latest News

341

HK$8.68

Café de Coral Holdings

7D

-2.1%

1Y

-15.6%

1181

HK$0.43

Tang Palace (China) Holdings

7D

-17.9%

1Y

-26.3%

2255

HK$0.77

Haichang Ocean Park Holdings

7D

11.6%

1Y

-50.3%

9658

HK$11.30

Super Hi International Holding

7D

11.0%

1Y

-43.3%

6862

HK$17.30

Haidilao International Holding

7D

17.8%

1Y

-13.2%

27

HK$40.00

Galaxy Entertainment Group

7D

1.5%

1Y

-20.2%

419

HK$0.087

Huayi Tencent Entertainment

7D

-12.1%

1Y

-37.9%

3690

HK$90.40

Meituan

7D

1.3%

1Y

-29.9%

2282

HK$11.82

MGM China Holdings

7D

-0.5%

1Y

32.1%

880

HK$2.33

SJM Holdings

7D

-1.3%

1Y

-36.0%

45

HK$6.00

Hongkong and Shanghai Hotels

7D

8.9%

1Y

-22.8%

71

HK$10.14

Miramar Hotel and Investment Company

7D

-1.7%

1Y

-13.3%

780

HK$19.20

Tongcheng Travel Holdings

7D

-2.4%

1Y

28.9%

1928

HK$21.35

Sands China

7D

-0.5%

1Y

-17.6%