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Hong Kong (HSI) Beverage Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies13
  • 7D4.1%
  • 3M-2.7%
  • 1Y-26.0%
  • YTD-1.7%

In the last week, the Beverage industry is up 4.1%, with China Resources Beer (Holdings) up 11%. In contrast, the industry has lost 26% in the last 12 months. 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
Mon, 18 Mar 2024HK$904.8bHK$205.2bHK$30.5b16.6x29.6x4.4x
Wed, 14 Feb 2024HK$869.1bHK$204.2bHK$30.6b15.1x28.4x4.3x
Fri, 12 Jan 2024HK$865.1bHK$205.2bHK$29.3b16.4x29.5x4.2x
Sun, 10 Dec 2023HK$919.0bHK$204.9bHK$29.2b17x31.4x4.5x
Tue, 07 Nov 2023HK$1.0tHK$203.1bHK$29.0b17.3x34.8x5x
Thu, 05 Oct 2023HK$1.0tHK$202.8bHK$28.8b19x35x5x
Sat, 02 Sep 2023HK$1.0tHK$204.1bHK$29.0b19.3x35.3x5x
Mon, 31 Jul 2023HK$1.1tHK$194.7bHK$25.8b25.8x42x5.6x
Wed, 28 Jun 2023HK$1.1tHK$194.2bHK$25.7b23.5x42.2x5.6x
Fri, 26 May 2023HK$1.1tHK$197.5bHK$26.1b24x41.1x5.4x
Sun, 23 Apr 2023HK$1.1tHK$192.3bHK$25.1b26.5x45.5x5.9x
Tue, 21 Mar 2023HK$1.1tHK$191.9bHK$24.5b24x46.2x5.9x
Thu, 16 Feb 2023HK$1.1tHK$194.9bHK$25.5b20.9x44.9x5.9x
Sat, 14 Jan 2023HK$1.2tHK$196.4bHK$25.7b22.3x46.8x6.1x
Mon, 12 Dec 2022HK$1.1tHK$191.0bHK$24.9b21.7x45.7x6x
Wed, 09 Nov 2022HK$1.0tHK$188.3bHK$24.6b21.8x41.4x5.4x
Fri, 07 Oct 2022HK$1.2tHK$188.2bHK$24.9b25.1x46.8x6.2x
Sun, 04 Sep 2022HK$1.1tHK$192.3bHK$25.4b23.5x44.1x5.8x
Tue, 02 Aug 2022HK$1.2tHK$190.5bHK$25.3b26.1x45.9x6.1x
Thu, 30 Jun 2022HK$1.1tHK$191.3bHK$25.0b24x45.3x5.9x
Sat, 28 May 2022HK$1.0tHK$190.8bHK$24.9b22.2x40.4x5.3x
Mon, 25 Apr 2022HK$1.0tHK$195.1bHK$24.9b20x40.9x5.2x
Wed, 23 Mar 2022HK$1.0tHK$190.7bHK$23.3b25.2x44.5x5.4x
Fri, 18 Feb 2022HK$1.2tHK$188.7bHK$22.6b30.2x53x6.4x
Sun, 16 Jan 2022HK$1.1tHK$188.0bHK$22.6b27x48.4x5.8x
Tue, 14 Dec 2021HK$1.2tHK$187.9bHK$22.5b27.1x51.6x6.2x
Thu, 11 Nov 2021HK$1.1tHK$187.2bHK$22.5b25.4x47.4x5.7x
Sat, 09 Oct 2021HK$1.0tHK$185.8bHK$21.9b25.7x46.2x5.5x
Mon, 06 Sep 2021HK$1.1tHK$185.2bHK$21.9b36.2x48.7x5.7x
Wed, 04 Aug 2021HK$1.1tHK$185.2bHK$21.9b34.1x48.8x5.8x
Sat, 08 May 2021HK$1.1tHK$177.1bHK$15.9b30.2x71x6.4x
Price to Earnings Ratio

67.3x


Total Market Cap: HK$1.1tTotal Earnings: HK$15.9bTotal Revenue: HK$177.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Beverage Industry Price to Earnings3Y Average 45.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Beverage 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 29.6x which is lower than its 3-year average PE of 45.1x.
  • The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 5.0% 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 industry?

HK Market1.55%
Consumer Staples4.31%
Beverage4.09%
Distillers and Wine Makers17.90%
Brewers5.55%
Soft Drinks2.03%
Industry PE
  • Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 53.0x.
    • Analysts are expecting annual earnings growth of 12.9%, which is lower than the prior year's growth of 22.3% per year.
  • Investors are most pessimistic about the Distillers and Wine Makers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 6.2% 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
291 China Resources Beer (Holdings)HK$37.9510.6%
+HK$11.8b
-35.7%PE21.8x
9633 Nongfu SpringHK$42.451.1%
+HK$5.1b
-3.3%PE45.5x
6979 ZJLD GroupHK$11.008.5%
+HK$2.9b
n/aPE16.4x
168 Tsingtao BreweryHK$53.901.2%
+HK$886.7m
-29.2%PE15.6x
506 China FoodsHK$3.031.3%
+HK$111.9m
2.7%PE10x
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Latest News

9633

HK$42.45

Nongfu Spring

7D

1.1%

1Y

-3.3%

1446

HK$0.20

Hung Fook Tong Group Holdings

7D

-2.0%

1Y

-32.8%

389

HK$0.50

China Tontine Wines Group

7D

-2.0%

1Y

-34.2%

6979

HK$11.00

ZJLD Group

7D

8.5%

1Y

n/a

8146

HK$0.15

Grace Wine Holdings

7D

20.0%

1Y

-6.3%

472

HK$0.14

New Silkroad Culturaltainment

7D

-0.7%

1Y

10.8%

506

HK$3.03

China Foods

7D

1.3%

1Y

2.7%

1876

HK$12.30

Budweiser Brewing Company APAC

7D

-0.5%

1Y

-45.2%

1115

HK$0.24

Tibet Water Resources

7D

2.6%

1Y

-43.1%