Is Zhongsheng Group Holdings (HKG:881) A Risky Investment?
May 01
Hong Kong (HSI) Automotive Retail Industry Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies15
- 7D6.1%
- 3M5.3%
- 1Y-59.2%
- YTDn/a
Over the last 7 days, the Automotive Retail industry has risen 6.1%, driven by gains from Zhongsheng Group Holdings of 5.0%. During this same period, the Sunfonda Group Holdings underperformed, falling 14%. In contrast, the industry has lost 59% in the last 12 months. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Hong Kong Automotive Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 May 2024 | HK$48.0b | HK$393.0b | HK$6.2b | 9.2x | 7.7x | 0.1x |
| Fri, 29 Mar 2024 | HK$46.7b | HK$395.5b | HK$4.9b | 11.8x | 9.6x | 0.1x |
| Sun, 25 Feb 2024 | HK$50.2b | HK$397.5b | HK$6.9b | 11.5x | 7.3x | 0.1x |
| Tue, 23 Jan 2024 | HK$48.6b | HK$397.2b | HK$6.9b | 9.7x | 7.1x | 0.1x |
| Thu, 21 Dec 2023 | HK$57.4b | HK$399.7b | HK$6.9b | 10.8x | 8.3x | 0.1x |
| Sat, 18 Nov 2023 | HK$65.3b | HK$394.4b | HK$7.0b | 7.8x | 9.4x | 0.2x |
| Mon, 16 Oct 2023 | HK$63.0b | HK$389.7b | HK$6.8b | 7.6x | 9.3x | 0.2x |
| Wed, 13 Sep 2023 | HK$73.1b | HK$390.7b | HK$6.8b | 8.9x | 10.7x | 0.2x |
| Fri, 11 Aug 2023 | HK$80.4b | HK$391.8b | HK$7.1b | 7.7x | 11.4x | 0.2x |
| Sun, 09 Jul 2023 | HK$99.5b | HK$391.5b | HK$7.1b | 9.8x | 14.1x | 0.3x |
| Tue, 06 Jun 2023 | HK$103.2b | HK$397.8b | HK$7.2b | 9.3x | 14.3x | 0.3x |
| Thu, 04 May 2023 | HK$114.8b | HK$410.2b | HK$7.4b | 9.4x | 15.5x | 0.3x |
| Sat, 01 Apr 2023 | HK$135.3b | HK$412.9b | HK$8.9b | 9.3x | 15.2x | 0.3x |
| Mon, 27 Feb 2023 | HK$142.1b | HK$392.9b | HK$13.2b | 8.2x | 10.7x | 0.4x |
| Wed, 25 Jan 2023 | HK$159.2b | HK$402.0b | HK$13.5b | 8.9x | 11.8x | 0.4x |
| Fri, 23 Dec 2022 | HK$143.7b | HK$388.9b | HK$13.1b | 8.1x | 11x | 0.4x |
| Sun, 20 Nov 2022 | HK$126.8b | HK$382.6b | HK$12.9b | 7.1x | 9.8x | 0.3x |
| Tue, 18 Oct 2022 | HK$112.8b | HK$380.0b | HK$12.8b | 6.6x | 8.8x | 0.3x |
| Thu, 15 Sep 2022 | HK$125.8b | HK$394.5b | HK$13.3b | 6.9x | 9.5x | 0.3x |
| Sat, 13 Aug 2022 | HK$149.1b | HK$424.8b | HK$16.4b | 5.3x | 9.1x | 0.4x |
| Mon, 11 Jul 2022 | HK$193.3b | HK$428.3b | HK$16.5b | 6.3x | 11.7x | 0.5x |
| Wed, 08 Jun 2022 | HK$212.5b | HK$430.7b | HK$16.6b | 10.6x | 12.8x | 0.5x |
| Fri, 06 May 2022 | HK$187.1b | HK$433.7b | HK$16.7b | 9.7x | 11.2x | 0.4x |
| Sun, 03 Apr 2022 | HK$204.7b | HK$449.7b | HK$17.4b | 10x | 11.8x | 0.5x |
| Tue, 01 Mar 2022 | HK$217.1b | HK$483.6b | HK$4.5b | 8.2x | 48.5x | 0.4x |
| Thu, 27 Jan 2022 | HK$236.7b | HK$480.6b | HK$4.4b | 9.8x | 53.3x | 0.5x |
| Sat, 25 Dec 2021 | HK$241.3b | HK$478.1b | HK$4.4b | 10.3x | 54.6x | 0.5x |
| Mon, 22 Nov 2021 | HK$264.8b | HK$476.3b | HK$4.4b | 9.2x | 60.1x | 0.6x |
| Wed, 20 Oct 2021 | HK$270.0b | HK$472.4b | HK$4.4b | 13.1x | 61.7x | 0.6x |
| Fri, 17 Sep 2021 | HK$239.8b | HK$472.4b | HK$4.4b | 12.6x | 54.8x | 0.5x |
| Sun, 15 Aug 2021 | HK$275.4b | HK$469.6b | HK$4.3b | 12.7x | 63.3x | 0.6x |
| Thu, 10 Jun 2021 | HK$249.7b | HK$416.9b | HK$2.0b | 17x | 125.2x | 0.6x |
Price to Earnings Ratio
115.7x
Current Industry PE
- Investors are pessimistic on the Hong Kong Automotive Retail 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 7.7x which is lower than its 3-year average PE of 25.4x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Automotive Retail industry have grown 46% 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 Automotive Retail compare with similar industries?
| HK Market | 4.32% | |
| Consumer Discretionary | 4.65% | |
| Specialty Stores | 1.61% | |
| Automotive Retail | 6.08% | |
| Computer and Electronics Retail | 8.52% | |
| Apparel Retail | 4.45% | |
| Specialty Stores | -0.54% | |
| Home Furnishing Retail | -2.93% | |
| Home Improvement Retail | -6.41% | |
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 | |
|---|---|---|---|---|---|
| 881 Zhongsheng Group Holdings | HK$14.38 | 5.0% +HK$1.6b | -56.9% | PE6.3x | |
| 3669 China Yongda Automobiles Services Holdings | HK$2.13 | 8.1% +HK$305.7m | -59.2% | PE6.6x | |
| 8418 Optima Automobile Group Holdings | HK$0.84 | 23.5% +HK$136.0m | -8.7% | PS1.2x | |
| 1293 Grand Baoxin Auto Group | HK$0.17 | 10.5% +HK$45.4m | -52.4% | PE3.5x | |
| 1759 Sino Gas Holdings Group | HK$0.52 | 18.2% +HK$17.3m | -24.6% | PE11.8x |
