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Hong Kong (HSI) Textiles Industry Analysis

UpdatedDec 06, 2023
DataAggregated Company Financials
Companies21
  • 7D7.0%
  • 3M14.2%
  • 1Y5.7%
  • YTD1.1%

Over the last 7 days, the Textiles industry has risen 7.0%, driven by gains from Weiqiao Textile of 89%. During this same period, the Moody Technology Holdings underperformed, falling 15%. In the last 12 months, the industry was up 5.7%. Looking forward, earnings are forecast to grow by 77% annually.

Industry Valuation and Performance

Has the Hong Kong Textiles Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 Dec 2023HK$31.3bHK$86.4b-HK$3,089,774,851.0013.6x-10.1x0.4x
Fri, 03 Nov 2023HK$27.4bHK$86.3b-HK$2,803,576,668.008.1x-9.8x0.3x
Sun, 01 Oct 2023HK$28.0bHK$86.5b-HK$2,811,819,591.008.7x-10x0.3x
Tue, 29 Aug 2023HK$27.5bHK$87.7b-HK$2,666,999,097.008.1x-10.3x0.3x
Thu, 27 Jul 2023HK$30.6bHK$93.7b-HK$255,686,863.0010.1x-119.7x0.3x
Sat, 24 Jun 2023HK$29.0bHK$94.4bHK$1.8m8.8x15712.1x0.3x
Mon, 22 May 2023HK$31.0bHK$97.1bHK$78.9m8.7x393x0.3x
Wed, 19 Apr 2023HK$30.8bHK$98.8bHK$70.5m8.8x437.1x0.3x
Fri, 17 Mar 2023HK$30.1bHK$105.4bHK$5.2b6.5x5.8x0.3x
Sun, 12 Feb 2023HK$31.1bHK$106.4bHK$5.2b7x6x0.3x
Tue, 10 Jan 2023HK$30.9bHK$106.3bHK$5.2b8x5.9x0.3x
Thu, 08 Dec 2022HK$29.2bHK$103.7bHK$5.1b7.3x5.8x0.3x
Sat, 05 Nov 2022HK$29.3bHK$102.4bHK$5.0b6.1x5.8x0.3x
Mon, 03 Oct 2022HK$29.6bHK$104.2bHK$5.1b6x5.8x0.3x
Wed, 31 Aug 2022HK$33.1bHK$105.6bHK$5.7b7.1x5.8x0.3x
Fri, 29 Jul 2022HK$34.7bHK$103.7bHK$7.4b6.8x4.7x0.3x
Sun, 26 Jun 2022HK$35.3bHK$104.4bHK$7.4b6.6x4.7x0.3x
Tue, 24 May 2022HK$36.5bHK$104.5bHK$7.6b6.2x4.8x0.3x
Thu, 21 Apr 2022HK$38.2bHK$107.9bHK$7.9b6.8x4.8x0.4x
Sat, 19 Mar 2022HK$39.7bHK$102.6bHK$7.7b7.5x5.2x0.4x
Mon, 14 Feb 2022HK$41.3bHK$97.3bHK$6.6b8.1x6.3x0.4x
Wed, 12 Jan 2022HK$41.4bHK$97.1bHK$6.6b7.8x6.3x0.4x
Fri, 10 Dec 2021HK$29.0bHK$83.3bHK$4.8b8.4x6x0.3x
Sun, 07 Nov 2021HK$30.3bHK$81.4bHK$4.8b7x6.3x0.4x
Tue, 05 Oct 2021HK$30.4bHK$81.0bHK$4.8b7.3x6.3x0.4x
Thu, 02 Sep 2021HK$43.3bHK$94.1bHK$5.6b7.8x7.8x0.5x
Sat, 31 Jul 2021HK$42.3bHK$94.1bHK$5.6b7x7.6x0.4x
Tue, 04 May 2021HK$43.0bHK$88.0bHK$4.2b8.5x10.2x0.5x
Fri, 05 Feb 2021HK$35.4bHK$82.3bHK$2.9b11.4x12.4x0.4x
Price to Earnings Ratio

11.6x


Total Market Cap: HK$32.7bTotal Earnings: HK$2.8bTotal Revenue: HK$82.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Textiles Industry Price to Earnings3Y Average 79.7x20222023
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Textiles industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
  • Total earnings for the Textiles industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Hong Kong Textiles compare with similar industries?

HK Market-4.20%
Consumer Discretionary-7.64%
Luxury-4.27%
Textiles6.96%
Apparel, Accessories and Luxury Goods-4.38%
Footwear-9.78%
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?

CompanyLast Price7D1YValuation
2698 Weiqiao TextileHK$3.2388.9%
+HK$1.8b
142.9%PS0.2x
1440 Star Shine Holdings GroupHK$2.098.9%
+HK$214.2m
132.2%PS23.9x
2299 Billion Industrial HoldingsHK$4.201.0%
+HK$84.7m
4.7%PE47.5x
2111 Best Pacific International HoldingsHK$1.084.9%
+HK$52.0m
-1.8%PE4.2x
3778 China Weaving Materials HoldingsHK$0.3411.7%
+HK$43.8m
-24.7%PS0.3x
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Latest News

2698

HK$3.23

Weiqiao Textile

7D

88.9%

1Y

142.9%

321

HK$1.01

Texwinca Holdings

7D

-1.0%

1Y

-22.3%

1382

HK$1.46

Pacific Textiles Holdings

7D

0.7%

1Y

-42.1%

2260

HK$1.70

Vanov Holdings

7D

-1.7%

1Y

65.0%

3778

HK$0.34

China Weaving Materials Holdings

7D

11.7%

1Y

-24.7%

707

HK$0.023

Asia Television Holdings

7D

-8.0%

1Y

-17.9%

1440

HK$2.09

Star Shine Holdings Group

7D

8.9%

1Y

132.2%

8480

HK$0.29

Furniweb Holdings

7D

1.8%

1Y

26.6%

2307

HK$0.24

Kam Hing International Holdings

7D

-12.2%

1Y

-19.7%

1400

HK$0.28

Moody Technology Holdings

7D

-10.9%

1Y

-63.5%

2111

HK$1.08

Best Pacific International Holdings

7D

4.9%

1Y

-1.8%

2678

HK$5.15

Texhong International Group

7D

-2.1%

1Y

-21.1%

1795

HK$4.09

Yadong Group Holdings

7D

-3.3%

1Y

212.2%

2299

HK$4.20

Billion Industrial Holdings

7D

1.0%

1Y

4.7%