Hong Kong (HSI) Distributors Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 10 Aug 2022	HK$34.6b	HK$47.8b	HK$1.9b	10.9x	18x	0.7x
Fri, 08 Jul 2022	HK$34.9b	HK$47.9b	HK$1.9b	12.3x	18x	0.7x
Sun, 05 Jun 2022	HK$37.6b	HK$49.3b	HK$1.8b	11x	21.1x	0.8x
Tue, 03 May 2022	HK$41.9b	HK$49.1b	HK$1.6b	11.5x	26.5x	0.9x
Thu, 31 Mar 2022	HK$43.7b	HK$49.3b	HK$1.7b	20.6x	25.1x	0.9x
Sat, 26 Feb 2022	HK$45.2b	HK$46.9b	HK$963.1m	26.2x	47x	1x
Mon, 24 Jan 2022	HK$47.7b	HK$46.9b	HK$970.8m	34.1x	49.1x	1x
Wed, 22 Dec 2021	HK$48.4b	HK$46.7b	HK$971.2m	32.7x	49.8x	1x
Fri, 19 Nov 2021	HK$51.2b	HK$46.5b	HK$1.2b	40.6x	41.3x	1.1x
Sun, 17 Oct 2021	HK$49.9b	HK$46.1b	HK$1.3b	41.6x	37.8x	1.1x
Tue, 14 Sep 2021	HK$50.0b	HK$45.8b	HK$1.4b	42.6x	36.9x	1.1x
Thu, 12 Aug 2021	HK$47.3b	HK$45.8b	HK$1.4b	41.2x	34.9x	1x
Mon, 07 Jun 2021	HK$50.8b	HK$43.8b	HK$1.2b	42x	42.5x	1.2x
Sun, 28 Feb 2021	HK$48.1b	HK$41.7b	HK$853.9m	45.2x	56.4x	1.2x
Wed, 02 Dec 2020	HK$47.1b	HK$42.7b	HK$269.5m	46x	174.7x	1.1x
Sat, 05 Sep 2020	HK$46.1b	HK$44.5b	-HK$242,369,180.63	34.7x	-190.2x	1x
Tue, 09 Jun 2020	HK$42.6b	HK$46.2b	-HK$412,804,137.83	17.6x	-103.3x	0.9x
Mon, 02 Mar 2020	HK$48.7b	HK$48.9b	HK$183.7m	13.7x	265x	1x
Thu, 05 Dec 2019	HK$51.3b	HK$48.3b	HK$419.0m	13.2x	122.4x	1.1x
Sun, 08 Sep 2019	HK$54.0b	HK$47.4b	HK$563.1m	13.7x	95.9x	1.1x

Current Industry PE

Investors are pessimistic on the Hong Kong Distributors 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 17.9x which is lower than its 3-year average PE of 47.6x.

The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.72x.

Past Earnings Growth

The earnings for companies in the Distributors industry have grown 51% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Hong Kong Distributors compare with similar industries?


HK Market	1.51%
Consumer Discretionary	0.13%
Retail Distributors	1.02%
Distributors	1.02%

Industry PEThere is insufficient data on the sub-industries of this industry.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
860 Apollo Future Mobility Group	HK$0.32	-1.6% HK$481.6m	-25.0%	PS4x
39 China Beidahuang Industry Group Holdings	HK$0.13	22.9% +HK$156.8m	119.7%	PS0.9x
620 DTXS Silk Road Investment Holdings	HK$0.69	11.3% +HK$46.7m	-81.6%	PS4x
8395 Tree Holdings	HK$0.81	2.5% +HK$31.7m	47.3%	PE245.5x
8179 Palinda Group Holdings	HK$0.11	12.4% +HK$10.6m	-54.8%	PS0.6x

Company

Last Price

Valuation

860 Apollo Future Mobility Group

HK$0.32

-1.6%
HK$481.6m

-25.0%

PS4x

39 China Beidahuang Industry Group Holdings

HK$0.13

22.9%
+HK$156.8m

119.7%

PS0.9x

620 DTXS Silk Road Investment Holdings

HK$0.69

11.3%
+HK$46.7m

-81.6%

PS4x

8395 Tree Holdings

HK$0.81

2.5%
+HK$31.7m

47.3%

PE245.5x

8179 Palinda Group Holdings

HK$0.11

12.4%
+HK$10.6m

-54.8%

PS0.6x

Amber Hill Financial Holdings Limited Appoints Cheung Bonathan Wai Ka Non-Executive Director

The board of directors of Amber Hill Financial Holdings Limited announced that Mr. Cheung Bonathan Wai Ka (Mr. Cheung) has been appointed as a non-executive Director with effect from 20 June 2022. The biographies of Mr. Cheung are set out as follows: Mr. Cheung, aged 30, has been appointed as a non-executive Director with effect from 20 June 2022. Mr. Cheung has 8 years of experience in working in securities brokerage companies. Mr. Cheung has served as a licensed person for dealing in securities (type 1 regulated activity), advising on corporate finance (type 6 regulated activity) and asset management (type 9 regulated activity) under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ``SFO'') of various registered institutions. Mr. Cheung was a representative of each of (i) VC Brokerage Limited, which is licensed to carry out 1 (dealing in securities) and type 4 (advising on securities) regulated activities under the SFO, from August 2020 to June 2022; (ii) VC Capital Limited, which is licensed to carry out type 6 (advising on corporate finance) regulated activity under the SFO, from September 2017 to June 2022; and (iii) VC Asset Management Limited, which is licensed to carry out type 9 (asset management) regulated activity under the SFO, from August 2018 to June 2022. Mr. Cheung is currently an independent non-executive director of China Silver Technology Holdings Limited, a company listed on Main Board of the Stock Exchange, since 2016. Mr. Cheung holds the Bachelor of Arts degree in Economics of the University of Waterloo. For community services, Mr. Cheung is the Chief Advisor of The Honorary Consulates for Fiji of Hong Kong since 2021. Mr. Cheung is also the Honorary Vice President of Hong Kong Industrial & Commercial Association Limited (Tuen Mun Branch) since 2019. Mr. Cheung has entered into an appointment letter with the Company for a term of three years and his appointment can be terminated by either party giving three months' prior written notice. In accordance with the articles of association of the Company and the Listing Rules, Mr. Cheung will hold office until the next general meeting of the Company at which time he will be eligible for re-election and his appointment would be subject to retirement by rotation. Mr. Cheung is entitled to a director's fee of HKD 600,000 per annum, which was determined with reference to his background, qualifications, experience, duties and responsibilities to the company and the prevailing market conditions.

Hong Kong (HSI) Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

8395

Tree Holdings Limited Provides Consolidated Earnings Guidance for the Three Months Ended 30 June 2021

986

Full year 2022 earnings released: EPS: HK$0.001 (vs HK$0.007 in FY 2021)

860

Executive Chairman recently bought HK$153k worth of stock

2031

Full year 2022 earnings released: HK$0.001 loss per share (vs HK$0.005 profit in FY 2021)

8126

G.A. Holdings Limited to Report First Half, 2022 Results on Aug 09, 2022

370

Full year 2022 earnings released

8179

Palinda Group Holdings Limited to Report First Half, 2022 Results on Aug 10, 2022

444

Sincere Watch (Hong Kong) Limited to Report Fiscal Year 2022 Results on Jul 29, 2022

39

Executive Director recently bought HK$206k worth of stock

970

Full year 2022 earnings released

335

Upbest Group Limited Proposes Final Dividend for the Year Ended 31 March 2022

33

Amber Hill Financial Holdings Limited Appoints Cheung Bonathan Wai Ka Non-Executive Director

6055

Upcoming dividend of HK$0.17 per share

915

Insufficient new directors

811

Xinhua Winshare Publishing and Media Co., Ltd. Announces Management Changes

620

Less than half of directors are independent