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Hong Kong (HSI) Textiles Industry Analysis
UpdatedAug 18, 2022
DataAggregated Company Financials
Companies21
- 7D-0.002%
- 3M-8.2%
- 1Y-28.9%
- YTD-19.7%
The Textiles is pretty flat in the last 7 days, but Deyun Holding has stood out, gaining 15%. As for the longer term, the industry has declined 29% in the last year. Looking forward, earnings are forecast to grow by 4.1% annually.
Industry Valuation and Performance
Has the Hong Kong Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Aug 2022 | HK$33.2b | HK$103.3b | HK$7.3b | 6.4x | 4.5x | 0.3x |
| Sat, 16 Jul 2022 | HK$34.3b | HK$103.7b | HK$7.4b | 6.5x | 4.6x | 0.3x |
| Mon, 13 Jun 2022 | HK$36.0b | HK$104.3b | HK$7.6b | 6.2x | 4.7x | 0.3x |
| Wed, 11 May 2022 | HK$37.2b | HK$104.1b | HK$7.6b | 6.8x | 4.9x | 0.4x |
| Fri, 08 Apr 2022 | HK$38.5b | HK$108.3b | HK$7.9b | 6.9x | 4.8x | 0.4x |
| Sun, 06 Mar 2022 | HK$38.5b | HK$97.8b | HK$6.6b | 7.6x | 5.8x | 0.4x |
| Tue, 01 Feb 2022 | HK$41.2b | HK$97.2b | HK$6.6b | 7.7x | 6.3x | 0.4x |
| Thu, 30 Dec 2021 | HK$39.8b | HK$96.9b | HK$6.5b | 7.6x | 6.1x | 0.4x |
| Sat, 27 Nov 2021 | HK$30.3b | HK$83.0b | HK$4.8b | 8.6x | 6.3x | 0.4x |
| Mon, 25 Oct 2021 | HK$31.3b | HK$81.4b | HK$4.8b | 7.2x | 6.5x | 0.4x |
| Wed, 22 Sep 2021 | HK$30.6b | HK$80.8b | HK$4.8b | 7.3x | 6.4x | 0.4x |
| Fri, 20 Aug 2021 | HK$41.7b | HK$94.1b | HK$5.6b | 7.8x | 7.5x | 0.4x |
| Fri, 04 Jun 2021 | HK$44.7b | HK$88.0b | HK$4.2b | 9.9x | 10.6x | 0.5x |
| Mon, 08 Mar 2021 | HK$40.8b | HK$82.3b | HK$2.9b | 12.1x | 14.3x | 0.5x |
| Thu, 10 Dec 2020 | HK$33.9b | HK$80.8b | HK$2.5b | 10.8x | 13.5x | 0.4x |
| Wed, 02 Sep 2020 | HK$32.2b | HK$80.0b | HK$1.9b | 10.9x | 16.9x | 0.4x |
| Sat, 06 Jun 2020 | HK$30.8b | HK$85.2b | HK$2.6b | 7.9x | 11.8x | 0.4x |
| Tue, 10 Mar 2020 | HK$40.1b | HK$91.3b | HK$4.0b | 8.3x | 9.9x | 0.4x |
| Mon, 02 Dec 2019 | HK$40.4b | HK$90.2b | HK$4.6b | 8.2x | 8.7x | 0.4x |
| Thu, 05 Sep 2019 | HK$40.6b | HK$92.6b | HK$4.3b | 7.4x | 9.4x | 0.4x |
Price to Earnings Ratio
9.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Textiles 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 4.5x which is lower than its 3-year average PE of 9.6x.
- The industry is trading close to its 3-year average PS ratio of 0.41x.
Past Earnings Growth
- The earnings for companies in the Textiles industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 3.9% 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 Textiles compare with similar industries?
| HK Market | 1.48% | |
| Consumer Discretionary | 2.58% | |
| Luxury | 5.72% | |
| Textiles | -0.0021% | |
| Apparel, Accessories and Luxury Goods | 6.28% | |
| Footwear | 2.65% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2678 Texhong Textile Group | HK$7.42 | 2.9% +HK$192.8m | -36.5% | PE2.2x | |
| 528 Kingdom Holdings | HK$1.40 | 5.3% +HK$43.2m | 13.8% | PE8.5x | |
| 3608 Yongsheng Advanced Materials | HK$0.66 | 10.0% +HK$42.5m | -47.2% | PS1.5x | |
| 1795 Yadong Group Holdings | HK$1.09 | 5.8% +HK$36.0m | 87.9% | PE16.1x | |
| 707 Asia Television Holdings | HK$0.029 | 7.4% +HK$19.9m | -31.0% | PS1.6x |