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Hong Kong (HSI) Food and Staples Retail Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies36
- 7D-4.6%
- 3M-11.0%
- 1Y-47.7%
- YTD-42.4%
Over the last 7 days, the Food and Staples Retail industry has dropped 4.6%, driven by a pullback from JD Health International of 7.5%. Meanwhile, Guoquan Food (Shanghai) actually outperformed within the industry, gaining 16% in the last week. However, the industry is down 48% over the past year. Earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Hong Kong Food and Staples Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | HK$279.4b | HK$288.2b | -HK$167,977,058.00 | 9.5x | -1663.4x | 1x |
| Tue, 31 Oct 2023 | HK$253.7b | HK$274.7b | -HK$60,997,646.00 | 11.1x | -4159.6x | 0.9x |
| Thu, 28 Sep 2023 | HK$269.1b | HK$275.3b | -HK$78,714,421.00 | 15.6x | -3418.6x | 1x |
| Sat, 26 Aug 2023 | HK$283.8b | HK$276.2b | -HK$546,059,876.00 | 9.8x | -519.8x | 1x |
| Mon, 24 Jul 2023 | HK$337.7b | HK$272.4b | -HK$2,242,084,485.00 | 11.7x | -150.6x | 1.2x |
| Wed, 21 Jun 2023 | HK$341.3b | HK$272.8b | -HK$2,252,137,365.00 | 15.6x | -151.5x | 1.3x |
| Fri, 19 May 2023 | HK$348.3b | HK$273.1b | -HK$2,882,928,605.00 | 17.8x | -120.8x | 1.3x |
| Sun, 16 Apr 2023 | HK$409.3b | HK$284.7b | -HK$4,150,992,152.00 | 19.9x | -98.6x | 1.4x |
| Tue, 14 Mar 2023 | HK$90.5b | HK$181.9b | HK$126.0m | 10.8x | 717.7x | 0.5x |
| Thu, 09 Feb 2023 | HK$86.9b | HK$184.3b | HK$128.6m | 11.3x | 675.3x | 0.5x |
| Sat, 07 Jan 2023 | HK$78.3b | HK$169.8b | -HK$198,056,692.00 | 8.5x | -395.2x | 0.5x |
| Mon, 05 Dec 2022 | HK$69.1b | HK$165.4b | -HK$201,113,246.00 | 8.2x | -343.4x | 0.4x |
| Wed, 02 Nov 2022 | HK$42.9b | HK$161.4b | -HK$181,016,174.00 | 13.6x | -237.1x | 0.3x |
| Fri, 30 Sep 2022 | HK$47.0b | HK$162.0b | -HK$1,174,685,105.00 | 20.3x | -40x | 0.3x |
| Sun, 28 Aug 2022 | HK$32.7b | HK$155.7b | -HK$1,164,815,185.00 | 11.5x | -28.1x | 0.2x |
| Tue, 26 Jul 2022 | HK$34.3b | HK$158.4b | -HK$1,197,583,570.00 | 12.4x | -28.7x | 0.2x |
| Thu, 23 Jun 2022 | HK$34.5b | HK$159.5b | -HK$1,353,445,086.00 | 9.7x | -25.5x | 0.2x |
| Sat, 21 May 2022 | HK$34.3b | HK$169.7b | HK$2.0b | 9.4x | 16.9x | 0.2x |
| Mon, 18 Apr 2022 | HK$36.7b | HK$178.5b | HK$2.2b | 9.9x | 16.7x | 0.2x |
| Wed, 16 Mar 2022 | HK$36.9b | HK$179.8b | HK$461.0m | 8.8x | 80x | 0.2x |
| Fri, 11 Feb 2022 | HK$45.2b | HK$179.0b | HK$467.2m | 10.2x | 96.6x | 0.3x |
| Sun, 09 Jan 2022 | HK$42.4b | HK$178.7b | HK$461.6m | 9.7x | 91.9x | 0.2x |
| Tue, 07 Dec 2021 | HK$39.8b | HK$178.8b | HK$457.2m | 9.3x | 87x | 0.2x |
| Thu, 04 Nov 2021 | HK$48.8b | HK$178.3b | HK$646.3m | 13.7x | 75.6x | 0.3x |
| Sat, 02 Oct 2021 | HK$47.8b | HK$180.1b | HK$1.6b | 14.2x | 30.4x | 0.3x |
| Mon, 30 Aug 2021 | HK$57.9b | HK$177.7b | HK$1.5b | 13.8x | 37.4x | 0.3x |
| Tue, 06 Jul 2021 | HK$69.5b | HK$177.7b | HK$1.5b | 16.3x | 44.9x | 0.4x |
| Fri, 09 Apr 2021 | HK$75.9b | HK$177.2b | HK$1.5b | 17.9x | 50.2x | 0.4x |
| Thu, 31 Dec 2020 | HK$91.1b | HK$173.6b | HK$1.6b | 21.2x | 57x | 0.5x |
Price to Earnings Ratio
60.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Consumer Retailing industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
- Total earnings for the Consumer Retailing industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 20% per year.
- This means that although more sales are being generated, 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 Market | -2.96% | |
| Consumer Staples | -4.40% | |
| Food and Staples Retail | -4.64% | |
| Food Retail | 4.99% | |
| Food Distributors | -2.40% | |
| Drug Retail | -6.17% | |
| Big Box Super Stores | -11.83% | |
Industry PE
- Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 36.3x.
- Analysts are expecting annual earnings growth of 22.2%, which is lower than the prior year's growth of 30.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Big Box Super Stores industry, expecting annual earnings growth of 63% over the next 5 years.
- However this is lower than its past earnings growth rate of 184% per year.
- In contrast, the Food Distributors industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 2517 Guoquan Food (Shanghai) | HK$7.35 | 15.7% +HK$2.8b | n/a | PE80.2x | |
| 1854 China Wantian Holdings | HK$1.15 | 19.8% +HK$363.3m | 76.9% | PS8.4x | |
| 2360 Best Mart 360 Holdings | HK$1.89 | 6.8% +HK$120.0m | -14.9% | PE8.2x | |
| 980 Lianhua Supermarket Holdings | HK$0.37 | 2.8% +HK$11.2m | -17.8% | PS0.02x | |
| 814 Beijing Jingkelong | HK$0.47 | 5.6% +HK$10.3m | -25.8% | PS0.02x |
