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Hong Kong (HSI) Luxury Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies110
  • 7D1.4%
  • 3M-5.0%
  • 1Y1.9%
  • YTD-2.0%

The Luxury industry is up 1.4% in the last week, with Prada up 4.2%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026HK$862.0bHK$645.5bHK$59.5b10.4x14.5x1.3x
Fri, 20 Mar 2026HK$837.6bHK$621.5bHK$57.4b9.4x14.6x1.3x
Sun, 15 Feb 2026HK$919.5bHK$623.3bHK$57.0b10.6x16.1x1.5x
Tue, 13 Jan 2026HK$883.9bHK$618.1bHK$56.3b10.3x15.7x1.4x
Thu, 11 Dec 2025HK$881.5bHK$612.7bHK$55.7b10.2x15.8x1.4x
Sat, 08 Nov 2025HK$870.0bHK$610.5bHK$55.3b9.7x15.7x1.4x
Mon, 06 Oct 2025HK$925.0bHK$611.9bHK$55.4b9.7x16.7x1.5x
Wed, 03 Sep 2025HK$919.8bHK$611.5bHK$55.6b10.2x16.6x1.5x
Fri, 01 Aug 2025HK$867.0bHK$594.4bHK$54.2b10.3x16x1.5x
Sun, 29 Jun 2025HK$918.6bHK$601.6bHK$55.0b9x16.7x1.5x
Tue, 27 May 2025HK$972.6bHK$590.8bHK$53.2b9.8x18.3x1.6x
Thu, 24 Apr 2025HK$838.1bHK$582.4bHK$53.0b8.7x15.8x1.4x
Sat, 22 Mar 2025HK$885.1bHK$579.1bHK$51.6b9.9x17.1x1.5x
Mon, 17 Feb 2025HK$898.3bHK$566.9bHK$48.8b10.3x18.4x1.6x
Wed, 15 Jan 2025HK$795.3bHK$563.1bHK$48.4b9.8x16.4x1.4x
Fri, 13 Dec 2024HK$834.7bHK$566.1bHK$48.7b9.5x17.1x1.5x
Sun, 10 Nov 2024HK$832.0bHK$544.5bHK$47.7b9.3x17.5x1.5x
Tue, 08 Oct 2024HK$893.1bHK$550.7bHK$48.6b9.4x18.4x1.6x
Thu, 05 Sep 2024HK$717.2bHK$548.9bHK$48.5b8.5x14.8x1.3x
Sat, 03 Aug 2024HK$713.1bHK$531.6bHK$41.8b9.5x17.1x1.3x
Mon, 01 Jul 2024HK$788.9bHK$526.2bHK$40.8b10.4x19.3x1.5x
Wed, 29 May 2024HK$858.1bHK$518.3bHK$40.7b11.7x21.1x1.7x
Fri, 26 Apr 2024HK$829.3bHK$519.4bHK$40.2b11.1x20.6x1.6x
Sun, 24 Mar 2024HK$769.4bHK$513.4bHK$37.2b9.6x20.7x1.5x
Tue, 20 Feb 2024HK$732.5bHK$525.2bHK$35.2b9.3x20.8x1.4x
Thu, 18 Jan 2024HK$661.5bHK$526.1bHK$35.2b8.7x18.8x1.3x
Sat, 16 Dec 2023HK$730.3bHK$528.4bHK$35.4b9.4x20.6x1.4x
Mon, 13 Nov 2023HK$786.6bHK$525.1bHK$35.0b8.5x22.5x1.5x
Wed, 11 Oct 2023HK$783.7bHK$525.0bHK$34.9b8.3x22.5x1.5x
Fri, 08 Sep 2023HK$821.5bHK$523.5bHK$34.6b8.4x23.8x1.6x
Sun, 06 Aug 2023HK$875.0bHK$531.5bHK$36.7b9.9x23.9x1.6x
Tue, 04 Jul 2023HK$834.3bHK$526.9bHK$35.5b9.4x23.5x1.6x
Thu, 01 Jun 2023HK$791.5bHK$533.8bHK$35.1b9.1x22.5x1.5x
Sat, 29 Apr 2023HK$937.4bHK$539.8bHK$35.7b9.5x26.3x1.7x
Price to Earnings Ratio

26.3x


Total Market Cap: HK$937.4bTotal Earnings: HK$35.7bTotal Revenue: HK$539.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Luxury Industry Price to Earnings3Y Average 18.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Hong Kong Luxury 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 14.5x which is lower than its 3-year average PE of 18.7x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 6.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?

HK Market1.70%
Consumer Discretionary0.23%
Luxury1.45%
Footwear1.68%
Apparel, Accessories and Luxury Goods1.47%
Textiles0.65%
Industry PE
  • Investors are most optimistic about the Textiles industry even though it's trading below its 3-year average PE ratio of 81.4x.
    • Analysts are expecting annual earnings growth of 9.3%, which is higher than its past year's earnings decline of 6.3% per year.
  • Investors are most pessimistic about the Footwear industry, which is trading close to its 3-year average of 12.2x.
Forecasted Growth
  • Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings growth rate of 2.0% per year.
  • In contrast, the Footwear industry is expected to see its earnings grow by 4.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
1913 PradaHK$39.304.2%
+HK$4.0b		-15.1%PE12.8x
2313 Shenzhou International Group HoldingsHK$50.154.5%
+HK$3.2b		-0.8%PE11.3x
2020 ANTA Sports ProductsHK$86.101.4%
+HK$3.2b		-4.2%PE15.4x
1440 Star Shine Holdings GroupHK$14.8116.2%
+HK$2.6b		212.4%PS31.6x
551 Yue Yuen Industrial (Holdings)HK$16.875.5%
+HK$1.4b		59.5%PE9.1x

Latest News

1910
HK$15.70
Samsonite Group
7D
4.7%
1Y
15.3%

1910: Dual Listing Preparations And New CFO Appointment Will Support Upside Potential

Analysts have trimmed their price target for Samsonite Group to around HK$23.13 from about HK$23.97, reflecting updated assumptions that combine a slightly higher discount rate and more moderate revenue growth with a small uplift in expected profit margins and future P/E. What's in the News Samsonite Group plans a board meeting on March 19, 2026, to consider and approve final results for the year ended December 31, 2025, and to consider a cash dividend recommendation to shareholders (Key Developments).
2199
HK$1.87
Regina Miracle International (Holdings)
7D
-6.5%
1Y
8.1%
551
HK$16.87
Yue Yuen Industrial (Holdings)
7D
5.5%
1Y
59.5%
2020
HK$86.10
ANTA Sports Products
7D
1.4%
1Y
-4.2%

2020: Beverly Hills Flagship Opening Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for ANTA Sports Products to HK$104.44 from HK$107.03, reflecting slightly lower assumptions for revenue growth, profit margin and future P/E, along with a modest uptick in the discount rate. What's in the News ANTA plans to officially open its first U.S. store in Beverly Hills on 13 February 2026.
116
HK$12.57
Chow Sang Sang Holdings International
7D
-10.5%
1Y
64.3%
2331
HK$21.42
Li Ning
7D
-2.8%
1Y
44.0%

2331: Future Margin Execution And Puma Bid Potential Will Support Upside

Narrative Update: Li Ning Analysts have lifted their fair value estimate for Li Ning from about HK$21.89 to around HK$25.79, citing updated assumptions for revenue growth, profit margins and forward P/E, which result in a higher long term price target. Analyst Commentary Recent research, including a fresh upgrade from Goldman Sachs, focuses on how Li Ning can justify a higher fair value through execution on growth plans, profitability, and capital allocation.
2313
HK$50.15
Shenzhou International Group Holdings
7D
4.5%
1Y
-0.8%
1913
HK$39.30
Prada
7D
4.2%
1Y
-15.1%

1913: 2026 Dividend Catalyst Will Reward Patience After Tough 2025

Analysts have trimmed their fair value estimate for Prada to about HK$54 from roughly HK$59, citing slightly more conservative growth assumptions, a higher discount rate and lower future P/E expectations, along with recent rating downgrades from firms such as Kepler Cheuvreux and Macquarie, partly offset by a more constructive view from Barclays. Analyst Commentary Recent research on Prada shows a clear split between more constructive voices looking at potential upside and more cautious views focused on execution risk and valuation reset.
1121
HK$1.23
Golden Solar New Energy Technology Holdings
7D
-2.4%
1Y
-27.6%
1440
HK$14.81
Star Shine Holdings Group
7D
16.2%
1Y
212.4%
2668
HK$0.26
Pak Tak International
7D
-8.9%
1Y
0%
933
HK$0.58
Viva Goods
7D
-4.9%
1Y
58.9%

We Like Viva Goods' (HKG:933) Earnings For More Than Just Statutory Profit

Mar 31
We Like Viva Goods' (HKG:933) Earnings For More Than Just Statutory Profit
1027
HK$2.96
Asia Strategy Digit Technology Holdings
7D
-4.5%
1Y
225.3%
1234
HK$3.76
China Lilang
7D
-2.3%
1Y
1.6%
2232
HK$6.62
Crystal International Group
7D
5.8%
1Y
56.1%
3998
HK$4.30
Bosideng International Holdings
7D
1.4%
1Y
9.7%