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Hong Kong (HSI) Beverage Industry Analysis

UpdatedMar 08, 2025
DataAggregated Company Financials
Companies13
  • 7D6.5%
  • 3M7.1%
  • 1Y-13.0%
  • YTD11.9%

Over the last 7 days, the Beverage industry has remained flat, although notably Nongfu Spring gained 7.6%. As for the longer term, the industry has declined 15% in the last year. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Mar 2025HK$780.9bHK$219.3bHK$32.8b15.7x23.8x3.6x
Mon, 03 Feb 2025HK$727.0bHK$220.7bHK$32.8b15.4x22.1x3.3x
Wed, 01 Jan 2025HK$717.0bHK$218.8bHK$32.5b17.2x22x3.3x
Fri, 29 Nov 2024HK$684.1bHK$220.5bHK$32.8b15.6x20.9x3.1x
Sun, 27 Oct 2024HK$698.7bHK$210.7bHK$32.6b16.2x21.4x3.3x
Tue, 24 Sep 2024HK$581.7bHK$212.8bHK$33.0b13.5x17.6x2.7x
Thu, 22 Aug 2024HK$620.6bHK$210.8bHK$33.0b13.1x18.8x2.9x
Sat, 20 Jul 2024HK$723.8bHK$209.9bHK$32.8b14.7x22.1x3.4x
Mon, 17 Jun 2024HK$805.0bHK$210.3bHK$32.8b15.5x24.5x3.8x
Wed, 15 May 2024HK$942.1bHK$210.8bHK$32.9b17.6x28.6x4.5x
Fri, 12 Apr 2024HK$889.3bHK$212.4bHK$32.9b15.3x27x4.2x
Sun, 10 Mar 2024HK$869.1bHK$205.3bHK$30.5b16.9x28.4x4.2x
Tue, 06 Feb 2024HK$854.5bHK$205.9bHK$30.9b14.4x27.7x4.2x
Thu, 04 Jan 2024HK$908.7bHK$205.3bHK$29.3b16.4x31x4.4x
Sat, 02 Dec 2023HK$927.5bHK$205.5bHK$29.3b17x31.6x4.5x
Mon, 30 Oct 2023HK$991.9bHK$202.3bHK$28.7b18x34.5x4.9x
Wed, 27 Sep 2023HK$986.9bHK$202.5bHK$28.8b19x34.3x4.9x
Fri, 25 Aug 2023HK$1.0tHK$197.4bHK$26.2b24.3x39x5.2x
Sun, 23 Jul 2023HK$1.0tHK$194.4bHK$25.7b24.4x40.7x5.4x
Tue, 20 Jun 2023HK$1.1tHK$195.0bHK$25.8b24.8x43.5x5.7x
Thu, 18 May 2023HK$1.1tHK$198.6bHK$26.3b25.5x42x5.6x
Sat, 15 Apr 2023HK$1.2tHK$193.2bHK$25.3b27x46.5x6.1x
Mon, 13 Mar 2023HK$1.1tHK$191.4bHK$24.4b22x46.9x6x
Wed, 08 Feb 2023HK$1.1tHK$195.8bHK$25.6b20.7x44.7x5.8x
Fri, 06 Jan 2023HK$1.2tHK$193.3bHK$25.2b23x47.2x6.2x
Sun, 04 Dec 2022HK$1.1tHK$189.8bHK$24.8b20.6x45.4x5.9x
Tue, 01 Nov 2022HK$890.3bHK$187.0bHK$24.4b20x36.5x4.8x
Thu, 29 Sep 2022HK$1.1tHK$187.1bHK$24.7b24.4x44.3x5.9x
Sat, 27 Aug 2022HK$1.2tHK$193.1bHK$25.7b23.2x45.6x6.1x
Mon, 25 Jul 2022HK$1.1tHK$190.5bHK$24.9b25.9x45.4x5.9x
Wed, 22 Jun 2022HK$1.1tHK$191.7bHK$25.1b23.7x42.8x5.6x
Fri, 20 May 2022HK$978.4bHK$190.5bHK$24.9b23.4x39.3x5.1x
Sun, 17 Apr 2022HK$1.0tHK$197.9bHK$25.3b19.7x40.4x5.2x
Tue, 15 Mar 2022HK$933.3bHK$191.1bHK$23.4b23.5x39.9x4.9x
Price to Earnings Ratio

39.9x


Total Market Cap: HK$933.3bTotal Earnings: HK$23.4bTotal Revenue: HK$191.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Beverage Industry Price to Earnings3Y Average 34.6x202320242025
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 23.6x which is lower than its 3-year average PE of 34.7x.
  • The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 4.7% 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 Market4.71%
Consumer Staples6.32%
Beverage6.48%
Soft Drinks7.64%
Brewers5.61%
Distillers and Wine Makers-3.32%
Industry PE
  • Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 43.6x.
    • Analysts are expecting annual earnings growth of 10.5%, which is lower than the prior year's growth of 29.8% 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 of 3.2x.
Forecasted Growth
  • Analysts are most optimistic on the Distillers and Wine Makers industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 29% per year.
  • In contrast, the Brewers industry is expected to see its earnings grow by 8.6% 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$37.357.6%
+HK$29.8b
-10.0%PE31.2x
1876 Budweiser Brewing Company APACHK$8.825.9%
+HK$6.5b
-26.3%PE20.6x
291 China Resources Beer (Holdings)HK$26.807.6%
+HK$6.2b
-19.5%PE15.5x
2460 China Resources Beverage (Holdings)HK$14.229.0%
+HK$2.8b
n/aPE23.9x
168 Tsingtao BreweryHK$53.803.4%
+HK$2.4b
6.5%PE15.7x
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