Bosideng International Holdings' (HKG:3998) Dividend Will Be Increased To CN¥0.20
Jul 27
Hong Kong (HSI) Luxury Industry Analysis
UpdatedJul 27, 2024
DataAggregated Company Financials
Companies114
- 7D-2.9%
- 3M-17.8%
- 1Y-20.8%
- YTD-1.8%
Over the last 7 days, the Luxury industry has dropped 2.9%, driven by pullbacks in ANTA Sports Products and Shenzhou International Group Holdings of 4.0% and 7.2%, respectively. However, the industry is down 21% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Hong Kong Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | HK$715.0b | HK$527.1b | HK$40.9b | 9.9x | 17.5x | 1.4x |
| Mon, 24 Jun 2024 | HK$783.9b | HK$516.9b | HK$40.6b | 10.3x | 19.3x | 1.5x |
| Wed, 22 May 2024 | HK$848.9b | HK$518.1b | HK$40.7b | 11.5x | 20.9x | 1.6x |
| Fri, 19 Apr 2024 | HK$788.3b | HK$519.4b | HK$40.3b | 10.8x | 19.6x | 1.5x |
| Sun, 17 Mar 2024 | HK$790.2b | HK$528.8b | HK$36.9b | 9.7x | 21.4x | 1.5x |
| Tue, 13 Feb 2024 | HK$695.0b | HK$525.3b | HK$35.2b | 9.1x | 19.8x | 1.3x |
| Thu, 11 Jan 2024 | HK$690.5b | HK$527.0b | HK$35.3b | 9x | 19.6x | 1.3x |
| Sat, 09 Dec 2023 | HK$713.8b | HK$526.2b | HK$35.2b | 8.8x | 20.3x | 1.4x |
| Mon, 06 Nov 2023 | HK$807.8b | HK$525.5b | HK$35.0b | 8.3x | 23.1x | 1.5x |
| Wed, 04 Oct 2023 | HK$803.6b | HK$526.2b | HK$35.0b | 8.4x | 23x | 1.5x |
| Fri, 01 Sep 2023 | HK$833.4b | HK$525.8b | HK$34.8b | 8.4x | 23.9x | 1.6x |
| Sun, 30 Jul 2023 | HK$883.9b | HK$531.4b | HK$36.7b | 10.1x | 24.1x | 1.7x |
| Tue, 27 Jun 2023 | HK$813.9b | HK$527.7b | HK$35.9b | 9.3x | 22.7x | 1.5x |
| Thu, 25 May 2023 | HK$827.9b | HK$535.8b | HK$35.3b | 9.3x | 23.5x | 1.5x |
| Sat, 22 Apr 2023 | HK$951.8b | HK$540.7b | HK$35.7b | 9.3x | 26.6x | 1.8x |
| Mon, 20 Mar 2023 | HK$948.3b | HK$542.1b | HK$38.9b | 7.9x | 24.4x | 1.7x |
| Wed, 15 Feb 2023 | HK$1.0t | HK$541.5b | HK$39.7b | 9x | 26.1x | 1.9x |
| Fri, 13 Jan 2023 | HK$1.0t | HK$541.8b | HK$39.8b | 8.5x | 25.5x | 1.9x |
| Sun, 11 Dec 2022 | HK$930.2b | HK$532.1b | HK$38.9b | 8.8x | 23.9x | 1.7x |
| Tue, 08 Nov 2022 | HK$779.4b | HK$514.3b | HK$34.8b | 8.5x | 22.4x | 1.5x |
| Thu, 06 Oct 2022 | HK$872.4b | HK$516.9b | HK$35.1b | 8.6x | 24.8x | 1.7x |
| Sat, 03 Sep 2022 | HK$905.1b | HK$524.2b | HK$35.7b | 8.8x | 25.3x | 1.7x |
| Mon, 01 Aug 2022 | HK$907.1b | HK$509.3b | HK$40.3b | 8.3x | 22.5x | 1.8x |
| Wed, 29 Jun 2022 | HK$1.0t | HK$507.7b | HK$40.1b | 8.5x | 25x | 2x |
| Fri, 27 May 2022 | HK$850.8b | HK$507.6b | HK$42.4b | 7.9x | 20.1x | 1.7x |
| Sun, 24 Apr 2022 | HK$947.3b | HK$511.2b | HK$37.8b | 8.5x | 25.1x | 1.9x |
| Tue, 22 Mar 2022 | HK$946.1b | HK$504.2b | HK$40.7b | 9.1x | 23.3x | 1.9x |
| Thu, 17 Feb 2022 | HK$1.2t | HK$480.8b | HK$34.2b | 9.5x | 34.6x | 2.5x |
| Sat, 15 Jan 2022 | HK$1.1t | HK$479.6b | HK$34.1b | 9.7x | 33.2x | 2.4x |
| Mon, 13 Dec 2021 | HK$1.2t | HK$465.3b | HK$32.3b | 10x | 38.3x | 2.7x |
| Wed, 10 Nov 2021 | HK$1.2t | HK$467.5b | HK$30.0b | 9x | 40.8x | 2.6x |
| Fri, 08 Oct 2021 | HK$1.2t | HK$466.4b | HK$29.8b | 8.8x | 40.7x | 2.6x |
| Sun, 05 Sep 2021 | HK$1.4t | HK$478.2b | HK$30.2b | 9.4x | 46.1x | 2.9x |
| Tue, 03 Aug 2021 | HK$1.4t | HK$478.2b | HK$30.2b | 9.7x | 46.2x | 2.9x |
Price to Earnings Ratio
46.2x
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 17.5x which is lower than its 3-year average PE of 26.1x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 3.3% 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 Market | -1.88% | |
| Consumer Discretionary | -4.20% | |
| Luxury | -2.91% | |
| Textiles | 1.78% | |
| Footwear | -0.30% | |
| Apparel, Accessories and Luxury Goods | -3.31% | |
Industry PE
- Investors are most optimistic about the Textiles industry even though it's trading below its 3-year average PE ratio of 81.0x.
- Analysts are expecting annual earnings growth of 44.5%, which is higher than its past year's earnings decline of 18.9% per year.
- Investors are most pessimistic about the Footwear industry, which is trading below its 3-year average of 21.2x.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Footwear industry is expected to see its earnings grow by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1913 Prada | HK$53.35 | 1.3% +HK$1.8b | -5.2% | PE24x | |
| 1440 Star Shine Holdings Group | HK$3.25 | 13.2% +HK$478.8m | 71.1% | PS12x | |
| 1121 Golden Solar New Energy Technology Holdings | HK$3.40 | 5.9% +HK$344.5m | -48.9% | PS19.4x | |
| 1910 Samsonite International | HK$20.00 | 1.0% +HK$292.4m | -12.1% | PE8.8x | |
| 256 Citychamp Watch & Jewellery Group | HK$0.99 | 3.1% +HK$130.6m | -16.1% | PE95.5x |
