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Hong Kong (HSI) Beverage Industry Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies12
  • 7D-2.9%
  • 3M-5.1%
  • 1Y12.2%
  • YTD-4.5%

Over the last 7 days, the Beverage industry has dropped 2.9%, driven by a pullback from China Resources Beer (Holdings) of 2.8%. In the past year, the industry has gained 12%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026HK$766.5bHK$193.4bHK$28.8b22.3x26.6x4x
Thu, 19 Mar 2026HK$738.3bHK$190.0bHK$29.0b14.7x25.4x3.9x
Sat, 14 Feb 2026HK$797.8bHK$188.6bHK$28.8b17.1x27.7x4.2x
Mon, 12 Jan 2026HK$783.4bHK$187.2bHK$29.2b16.6x26.9x4.2x
Wed, 10 Dec 2025HK$783.9bHK$185.2bHK$28.8b17.1x27.2x4.2x
Fri, 07 Nov 2025HK$853.2bHK$183.9bHK$28.6b17.6x29.8x4.6x
Sun, 05 Oct 2025HK$874.3bHK$185.2bHK$28.7b18.4x30.4x4.7x
Tue, 02 Sep 2025HK$935.9bHK$221.3bHK$33.7b18x27.8x4.2x
Thu, 31 Jul 2025HK$880.6bHK$220.5bHK$32.1b15.9x27.5x4x
Sat, 28 Jun 2025HK$786.8bHK$220.7bHK$32.1b14.9x24.5x3.6x
Mon, 26 May 2025HK$753.3bHK$220.0bHK$32.0b15.7x23.6x3.4x
Wed, 23 Apr 2025HK$790.1bHK$216.0bHK$31.5b17.9x25.1x3.7x
Fri, 21 Mar 2025HK$806.0bHK$218.8bHK$32.3b18.4x24.9x3.7x
Sun, 16 Feb 2025HK$740.6bHK$220.4bHK$32.8b15.5x22.6x3.4x
Tue, 14 Jan 2025HK$691.9bHK$218.7bHK$32.5b15.9x21.3x3.2x
Thu, 12 Dec 2024HK$750.9bHK$219.8bHK$32.7b16.5x23x3.4x
Sat, 09 Nov 2024HK$759.2bHK$222.5bHK$33.0b17.1x23x3.4x
Mon, 07 Oct 2024HK$780.1bHK$212.0bHK$32.8b19.6x23.7x3.7x
Wed, 04 Sep 2024HK$600.1bHK$211.4bHK$32.7b14.3x18.3x2.8x
Fri, 02 Aug 2024HK$654.9bHK$209.1bHK$32.6b14x20.1x3.1x
Sun, 30 Jun 2024HK$751.1bHK$210.0bHK$32.8b15x22.9x3.6x
Tue, 28 May 2024HK$895.6bHK$210.5bHK$32.8b16x27.3x4.3x
Thu, 25 Apr 2024HK$902.3bHK$212.1bHK$32.9b16.5x27.5x4.3x
Sat, 23 Mar 2024HK$872.8bHK$205.2bHK$30.4b15.6x28.7x4.3x
Mon, 19 Feb 2024HK$917.3bHK$204.3bHK$30.6b16.3x30x4.5x
Wed, 17 Jan 2024HK$841.2bHK$204.7bHK$29.2b15.9x28.8x4.1x
Fri, 15 Dec 2023HK$904.9bHK$205.5bHK$29.3b16.4x30.8x4.4x
Sun, 12 Nov 2023HK$968.4bHK$202.3bHK$28.8b17.8x33.6x4.8x
Tue, 10 Oct 2023HK$997.9bHK$203.1bHK$28.9b18.8x34.6x4.9x
Thu, 07 Sep 2023HK$1.0tHK$203.1bHK$28.9b19.5x35.5x5x
Sat, 05 Aug 2023HK$1.1tHK$195.5bHK$25.4b26.1x41.8x5.4x
Mon, 03 Jul 2023HK$1.1tHK$193.5bHK$25.6b24.1x42.4x5.6x
Wed, 31 May 2023HK$1.1tHK$197.0bHK$26.1b23.9x40.4x5.3x
Fri, 28 Apr 2023HK$1.2tHK$200.1bHK$26.6b24.9x43.6x5.8x
Price to Earnings Ratio

43.6x


Total Market Cap: HK$1.2tTotal Earnings: HK$26.6bTotal Revenue: HK$200.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Beverage Industry Price to Earnings3Y Average 28.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Beverage 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 28.3x.
  • The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have grown 2.7% 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 Trends

Which industries have driven the changes within the Hong Kong Consumer Staples industry?

HK Market0.60%
Consumer Staples-2.39%
Beverage-2.93%
Soft Drinks-2.40%
Brewers-4.19%
Distillers and Wine Makers-4.66%
Industry PE
  • Investors are most optimistic about the Distillers and Wine Makers industry which is trading above its 3-year average PE ratio of 12.7x.
    • Analysts are expecting annual earnings growth of 28.4%, which is higher than its past year's earnings decline of 59.2% per year.
  • Investors are most pessimistic about the Brewers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.2x.
Forecasted Growth
  • Analysts are most optimistic on the Distillers and Wine Makers industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 59% per year.
  • In contrast, the Soft Drinks industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
9633 Nongfu SpringHK$48.704.3%
+HK$22.5b		32.9%PE30.1x
1446 Hung Fook Tong Group HoldingsHK$0.344.5%
+HK$9.8m		30.2%PS0.4x
8146 Grace Wine HoldingsHK$0.561.8%
+HK$8.1m		166.7%PS11.4x
389 China Tontine Wines GroupHK$0.293.6%
+HK$3.0m		n/aPS0.5x

Latest News

236
HK$1.24
San Miguel Brewery Hong Kong
7D
-1.6%
1Y
65.3%
1876
HK$7.51
Budweiser Brewing Company APAC
7D
-1.8%
1Y
-11.0%
9633
HK$48.70
Nongfu Spring
7D
4.3%
1Y
32.9%
8146
HK$0.56
Grace Wine Holdings
7D
1.8%
1Y
166.7%
2460
HK$8.91
China Resources Beverage (Holdings)
7D
-2.4%
1Y
-37.6%
389
HK$0.29
China Tontine Wines Group
7D
3.6%
1Y
n/a
1446
HK$0.34
Hung Fook Tong Group Holdings
7D
4.5%
1Y
30.2%
6979
HK$8.54
ZJLD Group
7D
-3.9%
1Y
25.6%
506
HK$3.70
China Foods
7D
-0.8%
1Y
20.5%

HK$4.87 - That's What Analysts Think China Foods Limited (HKG:506) Is Worth After These Results

Mar 29
HK$4.87 - That's What Analysts Think China Foods Limited (HKG:506) Is Worth After These Results
828
HK$0.22
Dynasty Fine Wines Group
7D
-1.8%
1Y
-20.0%
291
HK$25.98
China Resources Beer (Holdings)
7D
-2.8%
1Y
-6.9%

China Resources Beer (Holdings) Company Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 25
China Resources Beer (Holdings) Company Limited Just Missed Earnings - But Analysts Have Updated Their Models