Hong Kong (HSI) Automotive Retail Industry Analysis

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
Tue, 09 Aug 2022	HK$146.1b	HK$424.0b	HK$16.4b	4.9x	8.9x	0.3x
Thu, 07 Jul 2022	HK$192.7b	HK$426.6b	HK$16.5b	6.5x	11.7x	0.5x
Sat, 04 Jun 2022	HK$211.6b	HK$430.3b	HK$16.6b	10.6x	12.7x	0.5x
Mon, 02 May 2022	HK$191.6b	HK$433.6b	HK$16.7b	10x	11.4x	0.4x
Wed, 30 Mar 2022	HK$207.5b	HK$471.4b	HK$6.5b	7.1x	32.1x	0.4x
Fri, 25 Feb 2022	HK$217.7b	HK$482.7b	HK$4.5b	8.2x	48.8x	0.5x
Sun, 23 Jan 2022	HK$242.6b	HK$479.6b	HK$4.4b	10.6x	54.7x	0.5x
Tue, 21 Dec 2021	HK$242.3b	HK$477.8b	HK$4.4b	10.1x	54.9x	0.5x
Thu, 18 Nov 2021	HK$265.0b	HK$475.7b	HK$4.4b	9.1x	60.3x	0.6x
Sat, 16 Oct 2021	HK$272.3b	HK$471.6b	HK$4.4b	12.5x	62.3x	0.6x
Mon, 13 Sep 2021	HK$257.4b	HK$469.6b	HK$4.3b	12.8x	59.2x	0.5x
Wed, 11 Aug 2021	HK$269.6b	HK$469.6b	HK$4.3b	12.1x	62x	0.6x
Sun, 06 Jun 2021	HK$249.7b	HK$416.9b	HK$2.0b	17x	125.2x	0.6x
Wed, 10 Mar 2021	HK$185.8b	HK$382.8b	HK$122.7m	13.3x	1514.8x	0.5x
Tue, 01 Dec 2020	HK$220.6b	HK$356.7b	HK$8.0b	14.4x	27.6x	0.6x
Fri, 04 Sep 2020	HK$178.3b	HK$319.6b	HK$6.9b	12.4x	25.8x	0.6x
Mon, 08 Jun 2020	HK$141.8b	HK$324.7b	HK$8.0b	10.4x	17.7x	0.4x
Sun, 01 Mar 2020	HK$114.6b	HK$340.8b	HK$9.3b	10.2x	12.4x	0.3x
Wed, 04 Dec 2019	HK$104.0b	HK$326.0b	HK$9.0b	12.7x	11.5x	0.3x
Sat, 07 Sep 2019	HK$94.8b	HK$338.0b	HK$5.8b	13.4x	16.4x	0.3x

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 9.1x which is lower than its 3-year average PE of 164x.

The industry is trading close to its 3-year average PS ratio of 0.46x.

Past Earnings Growth

The earnings for companies in the Automotive Retail industry have grown 41% per year over the last three years.
Revenues for these companies have grown 7.9% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Hong Kong Automotive Retail compare with similar industries?


HK Market	0.21%
Consumer Discretionary	-0.056%
Specialty Stores	-1.05%
Automotive Retail	-6.09%
Specialty Stores	2.55%
Home Furnishing Retail	2.54%
Computer and Electronics Retail	-0.025%
Apparel Retail	-0.66%
Home Improvement Retail	-3.91%

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
1293 Grand Baoxin Auto Group	HK$0.51	7.4% +HK$99.3m	-52.3%	PE2.3x
2337 United Strength Power Holdings	HK$10.76	1.7% +HK$67.4m	29.6%	PE19.6x
1959 Centenary United Holdings	HK$0.51	8.5% +HK$20.2m	-36.3%	PE82.8x
1872 Guan Chao Holdings	HK$0.16	1.2% +HK$1.8m	1.2%	PE2.6x

Company

Last Price

Valuation

1293 Grand Baoxin Auto Group

HK$0.51

7.4%
+HK$99.3m

-52.3%

PE2.3x

2337 United Strength Power Holdings

HK$10.76

1.7%
+HK$67.4m

29.6%

PE19.6x

1959 Centenary United Holdings

HK$0.51

8.5%
+HK$20.2m

-36.3%

PE82.8x

1872 Guan Chao Holdings

HK$0.16

1.2%
+HK$1.8m

1.2%

PE2.6x

Zhongsheng Group Holdings Limited Announces Management Changes

The board of directors of Zhongsheng Group Holdings Limited announced that Mr. Hsu David has resigned as a non-executive director of the Company with effect from 1 August 2022. The resignation of Mr. Hsu is due to his retirement. The Board announced that Mr. Sun Yanjun has been appointed as a non-executive director of the Company with effect from 1 August 2022. The biographical information of Mr. Sun is set out below: Mr. Sun Yanjun, aged 52, has over two decades of principal investing, M&A and capital markets experience. Prior to joining Jardine Matheson Group in 2022, he was a Partner and Co-head of China at TPG Capital, leading private equity investments and facilitating business development efforts for TPG's global business units in China, including cross-border transactions and strategic partnerships. He was previously Managing Director in Goldman Sachs' Principal Investment Area -- the investment bank's private equity unit -- responsible for Greater China investments. Mr. Sun is an independent non-executive director of China National Building Material Company Limited (a company listed on The Stock Exchange of Hong Kong Limited. He has been an alternate director and an alternate member of the audit committee of Greatview Aseptic Packaging Company Limited to Mr. Pang Yiu Kai, a non-executive director of Greatview Aseptic, since 1 August 2022. He was a non-executive director of Phoenix Media Investment (Holdings) Limited from 5 November 2013 to 16 August 2019. Mr. Sun received a bachelor's degree in international finance from Renmin University of China () in July 1992 and an MBA degree with high distinction from University of Michigan in May 1997. The Board announced that Mr. Tang Xianfeng has been appointed as the chairman of compliance committee of the Company with effect from 1 August 2022. The Board of the Company announced that the Stock Exchange has confirmed that Ms. Yao, a current joint company secretary of the Company, is qualified to act as the company secretary of the Company under Rule 3.28 of the Listing Rules. As a result, Ms. Mak Sze Man, the other joint company secretary of the Company, has resigned as a joint company secretary of the Company with effect from 1 August 2022. Ms. Yao will continue to serve as the sole company secretary of the Company after the resignation of Ms. Mak.

Hong Kong (HSI) Automotive Retail Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

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Less than half of directors are independent