China Mengniu Dairy (HKG:2319) Has A Pretty Healthy Balance Sheet
Nov 29
Hong Kong (HSI) Consumer Staples Sector Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies114
- 7D9.5%
- 3M-1.2%
- 1Y-17.8%
- YTD-17.4%
Over the last 7 days, the Consumer Staples industry has risen 9.5%, driven by gains from Budweiser Brewing Company APAC of 19%. In the past year, the industry is down 18%. Earnings are forecast to grow by 17% annually.
Sector Valuation and Performance
Has the Hong Kong Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | HK$2.0t | HK$1.2t | HK$79.6b | 12.5x | 25.7x | 1.7x |
| Mon, 31 Oct 2022 | HK$1.6t | HK$1.2t | HK$78.2b | 12.5x | 21x | 1.4x |
| Wed, 28 Sep 2022 | HK$2.0t | HK$1.2t | HK$78.1b | 13.5x | 25.4x | 1.7x |
| Fri, 26 Aug 2022 | HK$2.1t | HK$1.2t | HK$82.7b | 12.7x | 25x | 1.7x |
| Sun, 24 Jul 2022 | HK$2.2t | HK$1.2t | HK$85.7b | 13.1x | 25.1x | 1.8x |
| Tue, 21 Jun 2022 | HK$2.0t | HK$1.2t | HK$86.0b | 12.8x | 23.8x | 1.7x |
| Thu, 19 May 2022 | HK$2.0t | HK$1.2t | HK$89.2b | 12.3x | 22.3x | 1.7x |
| Sat, 16 Apr 2022 | HK$2.0t | HK$1.2t | HK$92.4b | 12.4x | 22.1x | 1.6x |
| Mon, 14 Mar 2022 | HK$2.1t | HK$1.2t | HK$98.3b | 11.2x | 21.3x | 1.7x |
| Wed, 09 Feb 2022 | HK$2.4t | HK$1.2t | HK$96.9b | 12.1x | 24.7x | 1.9x |
| Fri, 07 Jan 2022 | HK$2.4t | HK$1.2t | HK$97.2b | 25.4x | 24.4x | 1.9x |
| Sun, 05 Dec 2021 | HK$2.4t | HK$1.2t | HK$97.0b | 11.5x | 25.2x | 2x |
| Tue, 02 Nov 2021 | HK$2.4t | HK$1.2t | HK$100.1b | 12.6x | 23.8x | 1.9x |
| Thu, 30 Sep 2021 | HK$2.3t | HK$1.2t | HK$98.9b | 12.5x | 23.2x | 1.9x |
| Sat, 28 Aug 2021 | HK$2.4t | HK$1.2t | HK$98.2b | 12.2x | 24.1x | 1.9x |
| Sun, 04 Jul 2021 | HK$2.7t | HK$1.2t | HK$98.2b | 13.1x | 27.2x | 2.2x |
| Wed, 07 Apr 2021 | HK$2.6t | HK$1.2t | HK$87.9b | 13.9x | 30.1x | 2.3x |
| Sat, 09 Jan 2021 | HK$3.0t | HK$1.1t | HK$76.3b | 13.5x | 39.3x | 2.7x |
| Fri, 02 Oct 2020 | HK$2.3t | HK$1.1t | HK$70.0b | 14.5x | 33.4x | 2.1x |
| Mon, 06 Jul 2020 | HK$1.7t | HK$1.0t | HK$55.6b | 15x | 30.1x | 1.6x |
| Thu, 09 Apr 2020 | HK$1.5t | HK$1.0t | HK$59.4b | 15.5x | 25.1x | 1.5x |
| Wed, 01 Jan 2020 | HK$1.6t | HK$1.0t | HK$65.2b | 18.5x | 25.1x | 1.6x |
Price to Earnings Ratio
26.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Consumer Staples industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 28.0x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 5.4% 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 Staples sector?
| HK Market | 3.75% | |
| Consumer Staples | 9.46% | |
| Beverage | 11.54% | |
| Tobacco | 8.74% | |
| Food | 7.60% | |
| Food and Staples Retail | 6.13% | |
| Household Products | 5.94% | |
| Personal Products | 3.84% | |
Industry PE
- Investors are most optimistic about the Beverage industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 15.2%, which is higher than its past year's earnings growth of 13.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 52% over the next 5 years.
- This is better than its past earnings growth rate of 22% per year.
- In contrast, the Personal Products industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| 1876 Budweiser Brewing Company APAC | HK$23.75 | 18.8% +HK$49.6b | 21.8% | PE39.4x | |
| 9633 Nongfu Spring | HK$44.10 | 5.5% +HK$25.9b | -5.5% | PE57.7x | |
| 291 China Resources Beer (Holdings) | HK$53.75 | 16.5% +HK$24.7b | -13.8% | PE38.4x | |
| 2319 China Mengniu Dairy | HK$34.80 | 11.0% +HK$13.6b | -21.7% | PE21.3x | |
| 168 Tsingtao Brewery | HK$74.35 | 13.7% +HK$12.2b | 15.5% | PE24.1x |
