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Hong Kong (HSI) Food Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies53
  • 7D-0.7%
  • 3M3.2%
  • 1Y4.2%
  • YTD4.7%

Over the last 7 days, the Food industry has remained flat, although notably Tingyi (Cayman Islands) Holding declined by 4.8%. The past year has been better, since the industry has gained 4.2% in that time. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026HK$611.5bHK$789.9bHK$38.1b13.8x16.1x0.8x
Sat, 14 Mar 2026HK$607.3bHK$779.2bHK$38.4b12.9x15.8x0.8x
Mon, 09 Feb 2026HK$627.6bHK$775.4bHK$38.5b12.4x16.3x0.8x
Wed, 07 Jan 2026HK$588.2bHK$770.0bHK$38.2b12.4x15.4x0.8x
Fri, 05 Dec 2025HK$584.7bHK$764.0bHK$38.0b13.1x15.4x0.8x
Sun, 02 Nov 2025HK$573.2bHK$759.0bHK$37.8b13.4x15.2x0.8x
Tue, 30 Sep 2025HK$592.7bHK$757.6bHK$37.7b13.8x15.7x0.8x
Thu, 28 Aug 2025HK$634.2bHK$758.3bHK$37.5b14.6x16.9x0.8x
Sat, 26 Jul 2025HK$637.5bHK$755.5bHK$38.8b16.1x16.4x0.8x
Mon, 23 Jun 2025HK$587.3bHK$753.7bHK$38.6b13.8x15.2x0.8x
Wed, 21 May 2025HK$606.4bHK$748.6bHK$38.3b13.8x15.8x0.8x
Fri, 18 Apr 2025HK$593.1bHK$736.2bHK$37.9b13x15.6x0.8x
Sun, 16 Mar 2025HK$583.2bHK$732.1bHK$37.4b16x15.6x0.8x
Tue, 11 Feb 2025HK$502.0bHK$723.5bHK$35.0b14.6x14.4x0.7x
Thu, 09 Jan 2025HK$482.5bHK$721.0bHK$34.8b14.5x13.9x0.7x
Sat, 07 Dec 2024HK$505.8bHK$725.6bHK$35.1b13.9x14.4x0.7x
Mon, 04 Nov 2024HK$522.4bHK$734.7bHK$35.5b14.6x14.7x0.7x
Wed, 02 Oct 2024HK$550.4bHK$740.7bHK$35.8b14.4x15.4x0.7x
Fri, 30 Aug 2024HK$469.0bHK$738.4bHK$35.6b11.5x13.2x0.6x
Sun, 28 Jul 2024HK$453.9bHK$737.3bHK$27.7b12.7x16.4x0.6x
Tue, 25 Jun 2024HK$463.8bHK$737.3bHK$27.2b14x17.1x0.6x
Thu, 23 May 2024HK$511.7bHK$739.7bHK$27.3b14.9x18.8x0.7x
Sat, 20 Apr 2024HK$472.6bHK$742.2bHK$27.3b14x17.3x0.6x
Mon, 18 Mar 2024HK$462.0bHK$752.0bHK$35.6b13.6x13x0.6x
Wed, 14 Feb 2024HK$426.5bHK$752.7bHK$35.4b13.3x12x0.6x
Fri, 12 Jan 2024HK$521.1bHK$789.3bHK$37.0b14.9x14.1x0.7x
Sun, 10 Dec 2023HK$520.3bHK$786.3bHK$36.7b14.1x14.2x0.7x
Tue, 07 Nov 2023HK$560.0bHK$766.4bHK$35.2b16.5x15.9x0.7x
Thu, 05 Oct 2023HK$537.7bHK$764.9bHK$35.1b16x15.3x0.7x
Sat, 02 Sep 2023HK$548.9bHK$769.0bHK$35.3b16.2x15.5x0.7x
Mon, 31 Jul 2023HK$575.3bHK$758.9bHK$39.8b17.5x14.5x0.8x
Wed, 28 Jun 2023HK$566.4bHK$759.5bHK$40.2b14.9x14.1x0.7x
Fri, 26 May 2023HK$591.5bHK$769.3bHK$40.8b14.2x14.5x0.8x
Sun, 23 Apr 2023HK$623.3bHK$780.4bHK$41.4b14.4x15.1x0.8x
Price to Earnings Ratio

15.1x


Total Market Cap: HK$623.3bTotal Earnings: HK$41.4bTotal Revenue: HK$780.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Food Industry Price to Earnings3Y Average 15.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Food 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 15.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 2.7% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

HK Market0.33%
Consumer Staples-2.93%
Food-0.67%
Packaged Foods and Meats-0.52%
Agricultural Products-3.00%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 14.3x.
    • Analysts are expecting annual earnings growth of 13.6%, which is higher than its past year's earnings growth of 11.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 74% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 14% 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
288 WH GroupHK$10.682.3%
+HK$3.1b		58.0%PE11.2x
2419 Dekon Food and Agriculture GroupHK$72.458.3%
+HK$2.1b		86.2%PE17x
1112 Health and Happiness (H&H) International HoldingsHK$13.139.5%
+HK$735.9m		47.0%PE37.6x
1610 COFCO Joycome FoodsHK$1.438.3%
+HK$504.0m		-2.7%PS0.3x
2218 Yantai North Andre JuiceLtdHK$16.368.3%
+HK$421.1m		54.6%PE14.4x

Latest News

1112
HK$13.13
Health and Happiness (H&H) International Holdings
7D
9.5%
1Y
47.0%
142
HK$5.61
First Pacific
7D
0.9%
1Y
15.7%
345
HK$6.31
Vitasoy International Holdings
7D
-4.5%
1Y
-36.6%

345: Stable Assumptions And Earnings Outlook Will Support Fairly Valued Upside Potential

Analysts have kept their HK$ price target for Vitasoy International Holdings broadly unchanged, reflecting only very small adjustments to their revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: HK$7.20 remains unchanged, with no adjustment to the estimated intrinsic value per share.
2319
HK$16.71
China Mengniu Dairy
7D
-3.3%
1Y
-14.3%

2319: Index Removal And Higher Margin Outlook Will Support Future Upside

Analysts have raised their price target on China Mengniu Dairy to HK$22.02 from HK$21.03. This reflects updated assumptions for slightly higher revenue growth, profit margins, and future P/E multiple.
6980
HK$28.02
BAMA TEA
7D
11.7%
1Y
n/a
288
HK$10.68
WH Group
7D
2.3%
1Y
58.0%

288: Future Returns Will Likely Disappoint As Dividend Outlook Drives Caution

Analysts have trimmed their HK$ fair value estimate for WH Group slightly from HK$7.24 to HK$7.22, reflecting updated views on revenue growth, profit margins and future P/E assumptions, while keeping the discount rate unchanged. What's in the News A board meeting is scheduled for March 24, 2026 to consider and approve WH Group's annual results for the year ended December 31, 2025, and to consider an annual dividend payment, if any (Key Developments).
220
HK$7.85
Uni-President China Holdings
7D
-3.8%
1Y
-13.1%
2218
HK$16.36
Yantai North Andre JuiceLtd
7D
8.3%
1Y
54.6%
9985
HK$9.22
WEILONG Delicious Global Holdings
7D
-2.9%
1Y
-43.3%
9858
HK$4.34
China Youran Dairy Group
7D
2.1%
1Y
85.5%
1579
HK$16.03
Yihai International Holding
7D
-2.4%
1Y
20.5%
2419
HK$72.45
Dekon Food and Agriculture Group
7D
8.3%
1Y
86.2%
322
HK$12.79
Tingyi (Cayman Islands) Holding
7D
-4.8%
1Y
-7.0%
1117
HK$1.43
China Modern Dairy Holdings
7D
-2.7%
1Y
32.4%
1610
HK$1.43
COFCO Joycome Foods
7D
8.3%
1Y
-2.7%
151
HK$4.50
Want Want China Holdings
7D
-4.5%
1Y
-8.2%

Getting In Cheap On Want Want China Holdings Limited (HKG:151) Is Unlikely

Jan 28
Getting In Cheap On Want Want China Holdings Limited (HKG:151) Is Unlikely