Should You Investigate ANTA Sports Products Limited (HKG:2020) At HK$85.15?
Apr 15
Hong Kong (HSI) Apparel, Accessories and Luxury Goods Industry Analysis
UpdatedApr 15, 2024
DataAggregated Company Financials
Companies85
- 7D-3.2%
- 3M13.1%
- 1Y-22.5%
- YTDn/a
Over the last 7 days, the Apparel, Accessories and Luxury Goods industry has dropped 3.2%, driven by pullbacks in ANTA Sports Products and Prada of 4.1% and 5.5%, respectively. Meanwhile, Crystal International Group actually outperformed within the industry, gaining 17% in the last week. Overall the industry is down 23% in 12 months. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Hong Kong Apparel, Accessories and Luxury Goods Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 15 Apr 2024 | HK$714.7b | HK$354.2b | HK$35.7b | 9.7x | 20x | 2x |
| Wed, 13 Mar 2024 | HK$713.3b | HK$349.8b | HK$36.3b | 8.7x | 19.7x | 2x |
| Fri, 09 Feb 2024 | HK$616.0b | HK$348.6b | HK$35.3b | 7.7x | 17.5x | 1.8x |
| Sun, 07 Jan 2024 | HK$619.7b | HK$348.3b | HK$35.2b | 8x | 17.6x | 1.8x |
| Tue, 05 Dec 2023 | HK$642.4b | HK$348.2b | HK$35.2b | 8.2x | 18.2x | 1.8x |
| Thu, 02 Nov 2023 | HK$694.8b | HK$342.0b | HK$34.2b | 8.1x | 20.3x | 2x |
| Sat, 30 Sep 2023 | HK$723.0b | HK$343.7b | HK$34.4b | 8.5x | 21x | 2.1x |
| Mon, 28 Aug 2023 | HK$741.9b | HK$344.8b | HK$34.3b | 9.1x | 21.6x | 2.2x |
| Wed, 26 Jul 2023 | HK$780.4b | HK$337.5b | HK$32.2b | 8.8x | 24.3x | 2.3x |
| Fri, 23 Jun 2023 | HK$741.5b | HK$337.6b | HK$31.0b | 9.1x | 23.9x | 2.2x |
| Sun, 21 May 2023 | HK$767.3b | HK$340.5b | HK$31.4b | 9.2x | 24.4x | 2.3x |
| Tue, 18 Apr 2023 | HK$898.1b | HK$340.9b | HK$31.6b | 9.4x | 28.5x | 2.6x |
| Thu, 16 Mar 2023 | HK$877.8b | HK$334.6b | HK$30.5b | 8.9x | 28.8x | 2.6x |
| Sat, 11 Feb 2023 | HK$932.4b | HK$333.5b | HK$30.2b | 9.1x | 30.9x | 2.8x |
| Mon, 09 Jan 2023 | HK$884.6b | HK$331.3b | HK$30.0b | 9x | 29.5x | 2.7x |
| Wed, 07 Dec 2022 | HK$804.7b | HK$326.8b | HK$29.5b | 9.1x | 27.3x | 2.5x |
| Fri, 04 Nov 2022 | HK$661.7b | HK$313.2b | HK$26.5b | 8.7x | 24.9x | 2.1x |
| Sun, 02 Oct 2022 | HK$714.2b | HK$316.5b | HK$27.1b | 9.1x | 26.4x | 2.3x |
| Tue, 30 Aug 2022 | HK$823.3b | HK$322.4b | HK$27.6b | 9.9x | 29.8x | 2.6x |
| Thu, 28 Jul 2022 | HK$809.0b | HK$307.8b | HK$29.5b | 8x | 27.4x | 2.6x |
| Sat, 25 Jun 2022 | HK$828.2b | HK$309.2b | HK$29.9b | 8.3x | 27.7x | 2.7x |
| Mon, 23 May 2022 | HK$806.2b | HK$307.1b | HK$31.6b | 8.3x | 25.5x | 2.6x |
| Wed, 20 Apr 2022 | HK$808.1b | HK$312.7b | HK$27.5b | 8.8x | 29.4x | 2.6x |
| Fri, 18 Mar 2022 | HK$850.6b | HK$294.0b | HK$25.7b | 9.4x | 33.1x | 2.9x |
| Sun, 13 Feb 2022 | HK$1.1t | HK$289.1b | HK$25.0b | 10.5x | 42.1x | 3.6x |
| Tue, 11 Jan 2022 | HK$692.6b | HK$235.1b | HK$16.0b | 9.9x | 43.4x | 2.9x |
| Thu, 09 Dec 2021 | HK$782.6b | HK$234.9b | HK$16.0b | 10.4x | 49x | 3.3x |
| Sat, 06 Nov 2021 | HK$781.6b | HK$236.8b | HK$13.2b | 9x | 59.1x | 3.3x |
| Mon, 04 Oct 2021 | HK$756.5b | HK$236.6b | HK$13.2b | 9.2x | 57.2x | 3.2x |
| Wed, 01 Sep 2021 | HK$824.4b | HK$235.8b | HK$12.9b | 10.1x | 64x | 3.5x |
| Thu, 08 Jul 2021 | HK$866.2b | HK$235.8b | HK$12.9b | 10.4x | 67.3x | 3.7x |
Price to Earnings Ratio
80x
Current Industry PE
- Investors are pessimistic on the Hong Kong Apparel, Accessories and Luxury Goods 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 20.0x which is lower than its 3-year average PE of 35.1x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Apparel, Accessories and Luxury Goods industry have grown 60% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Apparel, Accessories and Luxury Goods compare with similar industries?
| HK Market | 0.87% | |
| Consumer Discretionary | 2.51% | |
| Luxury | -2.71% | |
| Apparel, Accessories and Luxury Goods | -3.24% | |
| Footwear | 3.49% | |
| Textiles | -0.25% | |
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 | |
|---|---|---|---|---|---|
| 2232 Crystal International Group | HK$3.54 | 12.0% +HK$1.1b | 22.5% | PE7.9x | |
| 8107 Vision International Holdings | HK$7.28 | 45.6% +HK$308.8m | 522.2% | PS11.3x | |
| 2199 Regina Miracle International (Holdings) | HK$2.25 | 10.3% +HK$257.1m | -19.4% | PE15.6x | |
| 2399 China Anchu Energy Storage Group | HK$0.34 | 19.3% +HK$151.0m | -33.3% | PS1.3x | |
| 1425 Justin Allen Holdings | HK$0.65 | 18.2% +HK$125.0m | 14.0% | PE4.6x |
