Revenues Not Telling The Story For Moody Technology Holdings Limited (HKG:1400) After Shares Rise 31%
Jan 20
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Textiles Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies18
- 7D0.8%
- 3M-18.4%
- 1Y20.0%
- YTDn/a
Last week, the Textiles industry hasn't moved much but Texhong International Group is up 5.6% in that time. The past year has been better, since the industry has gained 17% in that time. As for the next few years, earnings are expected to grow by 24% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | HK$30.7b | HK$77.7b | HK$2.2b | 6.1x | 13.8x | 0.4x |
| Thu, 19 Dec 2024 | HK$31.5b | HK$77.8b | HK$2.2b | 6.4x | 14.2x | 0.4x |
| Sat, 16 Nov 2024 | HK$46.6b | HK$78.0b | HK$2.3b | 6.2x | 20.5x | 0.6x |
| Mon, 14 Oct 2024 | HK$36.6b | HK$78.8b | HK$2.2b | 8.5x | 16.3x | 0.5x |
| Wed, 11 Sep 2024 | HK$27.6b | HK$78.5b | HK$2.2b | 7.7x | 12.3x | 0.4x |
| Fri, 09 Aug 2024 | HK$27.1b | HK$72.9b | HK$635.4m | 14x | 42.7x | 0.4x |
| Sun, 07 Jul 2024 | HK$29.0b | HK$72.4b | HK$632.5m | 14.9x | 45.9x | 0.4x |
| Tue, 04 Jun 2024 | HK$28.6b | HK$72.7b | HK$475.7m | 16.1x | 60.1x | 0.4x |
| Thu, 02 May 2024 | HK$26.2b | HK$72.7b | HK$475.5m | 15.1x | 55.2x | 0.4x |
| Sat, 30 Mar 2024 | HK$26.6b | HK$72.1b | HK$453.1m | 12.2x | 58.7x | 0.4x |
| Mon, 26 Feb 2024 | HK$29.3b | HK$85.7b | -HK$3,001,159,982.59 | 13.5x | -9.8x | 0.3x |
| Wed, 24 Jan 2024 | HK$30.4b | HK$86.2b | -HK$3,079,960,412.00 | 14.5x | -9.9x | 0.4x |
| Fri, 22 Dec 2023 | HK$31.4b | HK$86.3b | -HK$3,085,958,523.00 | 14x | -10.2x | 0.4x |
| Sun, 19 Nov 2023 | HK$29.3b | HK$86.9b | -HK$2,833,941,296.00 | 11x | -10.3x | 0.3x |
| Tue, 17 Oct 2023 | HK$27.0b | HK$86.4b | -HK$2,807,840,935.00 | 8.5x | -9.6x | 0.3x |
| Thu, 14 Sep 2023 | HK$27.9b | HK$86.7b | -HK$2,822,474,859.00 | 8.2x | -9.9x | 0.3x |
| Sat, 12 Aug 2023 | HK$30.5b | HK$93.1b | -HK$255,501,416.00 | 10x | -119.4x | 0.3x |
| Mon, 10 Jul 2023 | HK$29.5b | HK$93.3b | -HK$251,807,534.00 | 9.3x | -117.2x | 0.3x |
| Wed, 07 Jun 2023 | HK$30.0b | HK$96.3b | HK$86.3m | 8.6x | 347.3x | 0.3x |
| Fri, 05 May 2023 | HK$31.3b | HK$98.4b | HK$73.9m | 8.6x | 423.2x | 0.3x |
| Sun, 02 Apr 2023 | HK$30.4b | HK$99.4b | HK$163.8m | 8.4x | 185.5x | 0.3x |
| Tue, 28 Feb 2023 | HK$31.0b | HK$104.8b | HK$5.1b | 7x | 6x | 0.3x |
| Thu, 26 Jan 2023 | HK$32.5b | HK$106.5b | HK$5.2b | 7.4x | 6.2x | 0.3x |
| Sat, 24 Dec 2022 | HK$30.8b | HK$104.0b | HK$5.1b | 7.7x | 6.1x | 0.3x |
| Mon, 21 Nov 2022 | HK$30.1b | HK$103.2b | HK$5.1b | 6.3x | 5.9x | 0.3x |
| Wed, 19 Oct 2022 | HK$30.3b | HK$103.4b | HK$5.1b | 6.8x | 6x | 0.3x |
| Fri, 16 Sep 2022 | HK$32.3b | HK$105.8b | HK$5.2b | 6.8x | 6.2x | 0.3x |
| Sun, 14 Aug 2022 | HK$33.7b | HK$103.8b | HK$7.4b | 6.6x | 4.6x | 0.3x |
| Tue, 12 Jul 2022 | HK$35.3b | HK$104.4b | HK$7.5b | 6.5x | 4.7x | 0.3x |
| Thu, 09 Jun 2022 | HK$36.1b | HK$104.9b | HK$7.7b | 6.3x | 4.7x | 0.3x |
| Sat, 07 May 2022 | HK$37.6b | HK$105.0b | HK$7.7b | 6.9x | 4.9x | 0.4x |
| Mon, 04 Apr 2022 | HK$39.7b | HK$108.2b | HK$7.9b | 7x | 5x | 0.4x |
| Wed, 02 Mar 2022 | HK$40.1b | HK$97.9b | HK$6.6b | 7.7x | 6x | 0.4x |
| Fri, 28 Jan 2022 | HK$40.0b | HK$97.6b | HK$6.6b | 7.6x | 6.1x | 0.4x |
Price to Earnings Ratio
6.1x
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 13.6x which is lower than its 3-year average PE of 83.0x.
- 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 7.3% 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 | 3.38% | |
| Consumer Discretionary | 6.72% | |
| Luxury | 2.27% | |
| Textiles | 0.75% | |
| Footwear | 2.70% | |
| Apparel, Accessories and Luxury Goods | 2.30% | |
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$5.90 | 5.4% +HK$378.0m | 181.0% | PS12.8x | |
| 2111 Best Pacific International Holdings | HK$2.96 | 2.4% +HK$72.8m | 184.6% | PE6.3x | |
| 2678 Texhong International Group | HK$3.92 | 0.8% +HK$27.5m | 0.5% | PE5.2x | |
| 528 Kingdom Holdings | HK$1.14 | 2.7% +HK$18.5m | -12.3% | PE3.9x | |
| 8521 WebX International Holdings | HK$0.90 | 2.3% +HK$11.5m | 160.9% | PE109.9x |
