Shareholders Will Be Pleased With The Quality of Daphne International Holdings' (HKG:210) Earnings
Apr 17
Hong Kong (HSI) Footwear Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies10
- 7D-2.0%
- 3M29.0%
- 1Y-19.8%
- YTDn/a
Over the last 7 days, the Footwear industry has dropped 2.6%, driven by Xtep International Holdings declining 8.4%. In contrast, Stella International Holdings has gained 7.4%. Overall the industry is down 20% in 12 months. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Hong Kong Footwear Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | HK$52.0b | HK$92.6b | HK$4.1b | 10.2x | 12.7x | 0.6x |
| Sun, 17 Mar 2024 | HK$54.8b | HK$92.1b | HK$4.0b | 11x | 13.6x | 0.6x |
| Tue, 13 Feb 2024 | HK$39.6b | HK$92.8b | HK$3.2b | 9.2x | 12.6x | 0.4x |
| Thu, 11 Jan 2024 | HK$40.3b | HK$92.9b | HK$3.2b | 9.6x | 12.8x | 0.4x |
| Sat, 09 Dec 2023 | HK$42.3b | HK$92.8b | HK$3.2b | 10.6x | 13.4x | 0.5x |
| Mon, 06 Nov 2023 | HK$55.2b | HK$96.2b | HK$3.5b | 9.6x | 16x | 0.6x |
| Wed, 04 Oct 2023 | HK$52.5b | HK$96.3b | HK$3.5b | 8.9x | 15.2x | 0.5x |
| Fri, 01 Sep 2023 | HK$56.3b | HK$96.5b | HK$3.5b | 9.9x | 16.1x | 0.6x |
| Sun, 30 Jul 2023 | HK$59.2b | HK$98.1b | HK$3.8b | 11.3x | 15.5x | 0.6x |
| Tue, 27 Jun 2023 | HK$56.5b | HK$98.4b | HK$3.8b | 17.6x | 14.8x | 0.6x |
| Thu, 25 May 2023 | HK$56.1b | HK$98.9b | HK$3.9b | 18.2x | 14.5x | 0.6x |
| Sat, 22 Apr 2023 | HK$63.2b | HK$101.8b | HK$4.2b | 19.7x | 15.1x | 0.6x |
| Mon, 20 Mar 2023 | HK$58.6b | HK$100.3b | HK$4.4b | 12.4x | 13.3x | 0.6x |
| Wed, 15 Feb 2023 | HK$67.7b | HK$101.6b | HK$4.3b | 14.1x | 15.6x | 0.7x |
| Fri, 13 Jan 2023 | HK$65.0b | HK$101.2b | HK$4.3b | 13.4x | 15x | 0.6x |
| Sun, 11 Dec 2022 | HK$65.9b | HK$100.4b | HK$4.3b | 15.2x | 15.4x | 0.7x |
| Tue, 08 Nov 2022 | HK$57.8b | HK$95.6b | HK$2.9b | 15.3x | 19.6x | 0.6x |
| Thu, 06 Oct 2022 | HK$61.1b | HK$95.8b | HK$3.0b | 18x | 20.5x | 0.6x |
| Sat, 03 Sep 2022 | HK$70.1b | HK$96.2b | HK$3.0b | 20.3x | 23.3x | 0.7x |
| Mon, 01 Aug 2022 | HK$78.8b | HK$93.9b | HK$2.8b | 18.9x | 28.5x | 0.8x |
| Wed, 29 Jun 2022 | HK$80.2b | HK$93.9b | HK$2.8b | 27.8x | 28.7x | 0.9x |
| Fri, 27 May 2022 | HK$62.8b | HK$94.1b | HK$3.0b | 19.3x | 21.2x | 0.7x |
| Sun, 24 Apr 2022 | HK$68.7b | HK$95.2b | HK$3.0b | 20x | 23.2x | 0.7x |
| Tue, 22 Mar 2022 | HK$69.3b | HK$95.3b | HK$2.8b | 22.6x | 24.7x | 0.7x |
| Thu, 17 Feb 2022 | HK$82.4b | HK$93.7b | HK$2.5b | 23.7x | 32.9x | 0.9x |
| Sat, 15 Jan 2022 | HK$388.4b | HK$147.0b | HK$11.5b | 29.2x | 33.8x | 2.6x |
| Mon, 13 Dec 2021 | HK$424.1b | HK$147.1b | HK$11.5b | 28.1x | 36.9x | 2.9x |
| Wed, 10 Nov 2021 | HK$414.5b | HK$149.3b | HK$11.9b | 20.6x | 34.8x | 2.8x |
| Fri, 08 Oct 2021 | HK$446.0b | HK$148.9b | HK$11.8b | 20.9x | 37.7x | 3x |
| Sun, 05 Sep 2021 | HK$531.6b | HK$148.4b | HK$11.8b | 21.7x | 45.2x | 3.6x |
| Tue, 03 Aug 2021 | HK$547.3b | HK$148.4b | HK$11.8b | 20.7x | 46.5x | 3.7x |
| Fri, 07 May 2021 | HK$446.1b | HK$140.2b | HK$8.7b | 36.9x | 51.5x | 3.2x |
Price to Earnings Ratio
51.5x
Current Industry PE
- Investors are pessimistic on the Hong Kong Footwear 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 12.6x which is lower than its 3-year average PE of 24.7x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the Footwear industry have declined 22% per year over the last three years,
- Revenues have also declined 13% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Footwear compare with similar industries?
| HK Market | -1.99% | |
| Consumer Discretionary | -4.57% | |
| Luxury | -2.39% | |
| Footwear | -2.00% | |
| Apparel, Accessories and Luxury Goods | -2.37% | |
| Textiles | -3.41% | |
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 | |
|---|---|---|---|---|---|
| 1836 Stella International Holdings | HK$13.98 | 5.1% +HK$545.7m | 66.6% | PE10.2x | |
| 1028 C.banner International Holdings | HK$0.24 | 9.1% +HK$41.5m | 50.0% | PE22.1x | |
| 1170 Kingmaker Footwear Holdings | HK$0.83 | 1.2% +HK$6.2m | -4.6% | PE12x |
