Star Shine Holdings Group (HKG:1440) Has Debt But No Earnings; Should You Worry?
Dec 09
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Hong Kong (HSI) Textiles Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies18
- 7D0.2%
- 3M6.4%
- 1Y17.5%
- YTDn/a
The Textiles industry is up 2.4% in the last week, with Star Shine Holdings Group up 7.8%. This takes the industry's 12 month performance to a gain of 19%. Looking forward, earnings are forecast to grow by 30% 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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | HK$31.2b | HK$77.7b | HK$2.2b | 6.4x | 14x | 0.4x |
| Mon, 18 Nov 2024 | HK$46.6b | HK$78.0b | HK$2.3b | 6.2x | 20.5x | 0.6x |
| Wed, 16 Oct 2024 | HK$36.2b | HK$78.4b | HK$2.2b | 8.2x | 16.2x | 0.5x |
| Fri, 13 Sep 2024 | HK$27.6b | HK$78.6b | HK$2.2b | 7.7x | 12.3x | 0.4x |
| Sun, 11 Aug 2024 | HK$26.7b | HK$73.0b | HK$639.3m | 14.2x | 41.7x | 0.4x |
| Tue, 09 Jul 2024 | HK$28.2b | HK$72.3b | HK$632.4m | 14.7x | 44.6x | 0.4x |
| Thu, 06 Jun 2024 | HK$28.4b | HK$72.6b | HK$475.4m | 15.4x | 59.8x | 0.4x |
| Sat, 04 May 2024 | HK$26.4b | HK$72.7b | HK$475.6m | 14.7x | 55.6x | 0.4x |
| Mon, 01 Apr 2024 | HK$26.6b | HK$72.9b | HK$469.5m | 15.1x | 56.6x | 0.4x |
| Wed, 28 Feb 2024 | HK$29.5b | HK$85.7b | -HK$3,000,426,779.33 | 13.2x | -9.8x | 0.3x |
| Fri, 26 Jan 2024 | HK$30.1b | HK$86.1b | -HK$3,079,308,380.00 | 14.2x | -9.8x | 0.3x |
| Sun, 24 Dec 2023 | HK$31.3b | HK$86.4b | -HK$3,091,562,799.00 | 13.9x | -10.1x | 0.4x |
| Tue, 21 Nov 2023 | HK$29.6b | HK$87.2b | -HK$2,849,028,541.00 | 11x | -10.4x | 0.3x |
| Thu, 19 Oct 2023 | HK$27.3b | HK$86.3b | -HK$2,804,856,643.00 | 8.4x | -9.7x | 0.3x |
| Sat, 16 Sep 2023 | HK$28.0b | HK$86.6b | -HK$2,820,284,223.00 | 8.2x | -9.9x | 0.3x |
| Mon, 14 Aug 2023 | HK$30.5b | HK$92.8b | -HK$105,405,545.00 | 10x | -289.4x | 0.3x |
| Wed, 12 Jul 2023 | HK$29.4b | HK$93.5b | -HK$253,917,970.00 | 9.7x | -115.8x | 0.3x |
| Fri, 09 Jun 2023 | HK$29.9b | HK$96.2b | HK$87.5m | 8.6x | 341.7x | 0.3x |
| Sun, 07 May 2023 | HK$31.6b | HK$98.4b | HK$74.1m | 8.6x | 426.4x | 0.3x |
| Tue, 04 Apr 2023 | HK$30.5b | HK$99.2b | HK$165.6m | 8.4x | 183.8x | 0.3x |
| Thu, 02 Mar 2023 | HK$31.4b | HK$105.8b | HK$5.2b | 6.9x | 6.1x | 0.3x |
| Sat, 28 Jan 2023 | HK$32.5b | HK$106.5b | HK$5.2b | 7.3x | 6.2x | 0.3x |
| Mon, 26 Dec 2022 | HK$30.8b | HK$104.0b | HK$5.1b | 7.7x | 6.1x | 0.3x |
| Wed, 23 Nov 2022 | HK$29.9b | HK$102.6b | HK$5.1b | 6.3x | 5.9x | 0.3x |
| Fri, 21 Oct 2022 | HK$29.8b | HK$103.1b | HK$5.1b | 6.5x | 5.9x | 0.3x |
| Sun, 18 Sep 2022 | HK$32.1b | HK$105.5b | HK$5.2b | 6.5x | 6.2x | 0.3x |
| Tue, 16 Aug 2022 | HK$33.4b | HK$103.7b | HK$7.4b | 6.6x | 4.5x | 0.3x |
| Thu, 14 Jul 2022 | HK$34.6b | HK$104.1b | HK$7.4b | 6.5x | 4.7x | 0.3x |
| Sat, 11 Jun 2022 | HK$36.0b | HK$104.5b | HK$7.6b | 6.2x | 4.7x | 0.3x |
| Mon, 09 May 2022 | HK$37.6b | HK$104.8b | HK$7.7b | 6.9x | 4.9x | 0.4x |
| Wed, 06 Apr 2022 | HK$39.5b | HK$108.2b | HK$7.9b | 7x | 5x | 0.4x |
| Fri, 04 Mar 2022 | HK$39.0b | HK$97.8b | HK$6.6b | 7.6x | 5.9x | 0.4x |
| Sun, 30 Jan 2022 | HK$40.3b | HK$97.1b | HK$6.6b | 8x | 6.1x | 0.4x |
| Tue, 28 Dec 2021 | HK$40.5b | HK$97.0b | HK$6.5b | 7.5x | 6.2x | 0.4x |
Price to Earnings Ratio
6.2x
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 14.2x which is lower than its 3-year average PE of 82.8x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Textiles industry have declined 30% per year over the last three years,
- Revenues have also declined 7.1% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Textiles compare with similar industries?
| HK Market | -0.53% | |
| Consumer Discretionary | -1.32% | |
| Luxury | -1.12% | |
| Textiles | 0.21% | |
| Footwear | -0.61% | |
| Apparel, Accessories and Luxury Goods | -1.22% | |
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 | |
|---|---|---|---|---|---|
| 1440 Star Shine Holdings Group | HK$5.89 | 7.7% +HK$529.2m | 161.8% | PS12.8x | |
| 2299 Billion Industrial Holdings | HK$4.40 | 0.5% +HK$42.3m | 0% | PE18.2x | |
| 1382 Pacific Textiles Holdings | HK$1.49 | 1.4% +HK$27.9m | 14.6% | PE13.9x | |
| 8521 WebX International Holdings | HK$0.93 | 2.2% +HK$11.5m | 200.0% | PE113.5x | |
| 294 Yangtzekiang Garment | HK$1.00 | 1.0% +HK$2.1m | -15.3% | PS1x |
