Returns Are Gaining Momentum At Success Dragon International Holdings (HKG:1182)
Apr 21
Hong Kong (HSI) Casinos and Gaming Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies14
- 7D-13.7%
- 3M-5.4%
- 1Y-40.5%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has dropped 14%, driven by declines in Sands China and Galaxy Entertainment Group of 18% and 15%, respectively. In contrast, Rich Goldman Holdings has gained 7.7%. However, the industry is down 41% over the past year. Earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Hong Kong Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | HK$200.2b | HK$102.0b | HK$5.0b | 14.2x | 40.3x | 2x |
| Thu, 21 Mar 2024 | HK$219.2b | HK$89.4b | HK$2.7b | 12x | 81x | 2.5x |
| Sat, 17 Feb 2024 | HK$246.4b | HK$64.5b | -HK$8,475,340,186.65 | 8.3x | -29.1x | 3.8x |
| Mon, 15 Jan 2024 | HK$221.0b | HK$64.8b | -HK$8,463,021,319.00 | 7.2x | -26.1x | 3.4x |
| Wed, 13 Dec 2023 | HK$224.5b | HK$64.8b | -HK$8,466,033,432.00 | 8.4x | -26.5x | 3.5x |
| Fri, 10 Nov 2023 | HK$242.6b | HK$63.7b | -HK$8,659,668,162.00 | 13.3x | -28x | 3.8x |
| Sun, 08 Oct 2023 | HK$255.8b | HK$63.8b | -HK$8,651,629,508.00 | 13.8x | -29.6x | 4x |
| Tue, 05 Sep 2023 | HK$286.2b | HK$63.9b | -HK$8,851,037,785.00 | 17x | -32.3x | 4.5x |
| Thu, 03 Aug 2023 | HK$305.7b | HK$42.6b | -HK$16,025,898,121.00 | 19x | -19.1x | 7.2x |
| Sat, 01 Jul 2023 | HK$278.5b | HK$42.4b | -HK$16,259,046,035.00 | 21.7x | -17.1x | 6.6x |
| Mon, 29 May 2023 | HK$280.5b | HK$42.5b | -HK$16,903,767,058.00 | 35.1x | -16.6x | 6.6x |
| Wed, 26 Apr 2023 | HK$317.2b | HK$42.5b | -HK$16,847,697,390.00 | 32.1x | -18.8x | 7.5x |
| Fri, 24 Mar 2023 | HK$303.8b | HK$45.8b | -HK$16,932,475,831.00 | 27.1x | -17.9x | 6.6x |
| Sun, 19 Feb 2023 | HK$310.6b | HK$52.0b | -HK$11,628,441,310.00 | 29.2x | -26.7x | 6x |
| Tue, 17 Jan 2023 | HK$329.2b | HK$51.5b | -HK$12,603,080,614.00 | 26x | -26.1x | 6.4x |
| Thu, 15 Dec 2022 | HK$312.8b | HK$51.0b | -HK$12,602,809,806.00 | 26.1x | -24.8x | 6.1x |
| Sat, 12 Nov 2022 | HK$258.4b | HK$50.3b | -HK$12,534,010,721.00 | 35.7x | -20.6x | 5.1x |
| Mon, 10 Oct 2022 | HK$276.1b | HK$50.2b | -HK$12,537,096,748.00 | 33.9x | -22x | 5.5x |
| Wed, 07 Sep 2022 | HK$242.0b | HK$50.4b | -HK$12,719,547,960.00 | 35.3x | -19x | 4.8x |
| Fri, 05 Aug 2022 | HK$416.3b | HK$80.0b | -HK$18,686,103,938.00 | 94.7x | -22.3x | 5.2x |
| Sun, 03 Jul 2022 | HK$422.9b | HK$80.2b | -HK$18,410,429,173.00 | 96.4x | -23x | 5.3x |
| Tue, 31 May 2022 | HK$365.7b | HK$80.4b | -HK$18,988,475,374.00 | 76.1x | -19.3x | 4.5x |
| Thu, 28 Apr 2022 | HK$402.9b | HK$80.4b | -HK$18,990,218,237.00 | 81.2x | -21.2x | 5x |
| Sat, 26 Mar 2022 | HK$419.4b | HK$79.1b | -HK$19,788,111,074.00 | 83.8x | -21.2x | 5.3x |
| Mon, 21 Feb 2022 | HK$517.2b | HK$82.8b | -HK$23,887,715,715.00 | 11.8x | -21.7x | 6.2x |
| Wed, 19 Jan 2022 | HK$463.6b | HK$82.8b | -HK$23,787,074,248.00 | 14.7x | -19.5x | 5.6x |
| Fri, 17 Dec 2021 | HK$412.7b | HK$83.0b | -HK$23,798,165,099.00 | 14x | -17.3x | 5x |
| Sun, 14 Nov 2021 | HK$453.5b | HK$82.2b | -HK$24,237,421,704.00 | 38.5x | -18.7x | 5.5x |
| Tue, 12 Oct 2021 | HK$419.4b | HK$82.5b | -HK$24,090,122,086.00 | 42.9x | -17.4x | 5.1x |
| Thu, 09 Sep 2021 | HK$585.8b | HK$82.6b | -HK$24,595,286,288.89 | 43.6x | -23.8x | 7.1x |
| Sat, 07 Aug 2021 | HK$547.5b | HK$82.6b | -HK$24,595,286,288.89 | 53.1x | -22.3x | 6.6x |
| Fri, 30 Apr 2021 | HK$782.4b | HK$76.1b | -HK$28,982,989,692.88 | 87x | -27x | 10.3x |
Price to Earnings Ratio
-27x
Current Industry PE
- Investors are optimistic on the Hong Kong Casinos and Gaming industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.3x which is higher than its 3-year average PE of -19.6x.
- The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Casinos and Gaming industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 10% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Hong Kong Casinos and Gaming compare with similar industries?
| HK Market | -0.66% | |
| Consumer Discretionary | -4.41% | |
| Hospitality | -7.74% | |
| Casinos and Gaming | -13.66% | |
| Hotels, Resorts and Cruise Lines | -2.26% | |
| Leisure Facilities | -6.25% | |
| Restaurants | -6.95% | |
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 | |
|---|---|---|---|---|---|
| 70 Rich Goldman Holdings | HK$0.042 | 7.7% +HK$5.8m | -25.0% | PS0.7x | |
| 1182 Success Dragon International Holdings | HK$0.30 | 3.4% +HK$3.5m | 25.0% | PE17.2x | |
| 8198 Crypto Flow Technology | HK$0.18 | 0.5% +HK$548.4k | -58.4% | PS4x |
