Analysis Article • Aug 20
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Hong Kong (HSI) Food and Staples Retail Industry Analysis
UpdatedAug 23, 2026
DataAggregated Company Financials
Companies39
- 7D-1.1%
- 3M-7.8%
- 1Y-42.3%
- YTD-25.8%
Over the last 7 days, the Food and Staples Retail industry has dropped 1.1%, driven by a pullback from JD Health International of 2.1%. Overall the industry is down 42% in 12 months. Looking forward, earnings are forecast to grow by 20% 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, 23 Aug 2026 | HK$337.0b | HK$384.3b | HK$12.5b | 21.8x | 27x | 0.9x |
| Tue, 21 Jul 2026 | HK$343.6b | HK$373.2b | HK$11.0b | 19.8x | 31.2x | 0.9x |
| Thu, 18 Jun 2026 | HK$318.0b | HK$373.5b | HK$10.8b | 20.6x | 29.4x | 0.9x |
| Sat, 16 May 2026 | HK$402.0b | HK$375.3b | HK$11.2b | 21.9x | 35.9x | 1.1x |
| Mon, 13 Apr 2026 | HK$436.7b | HK$372.3b | HK$11.2b | 25.8x | 38.9x | 1.2x |
| Wed, 11 Mar 2026 | HK$449.0b | HK$363.5b | HK$8.5b | 27x | 52.9x | 1.2x |
| Fri, 06 Feb 2026 | HK$494.9b | HK$350.3b | HK$7.6b | 30x | 64.8x | 1.4x |
| Sun, 04 Jan 2026 | HK$368.1b | HK$280.7b | HK$5.1b | 25.2x | 72.7x | 1.3x |
| Tue, 02 Dec 2025 | HK$400.6b | HK$277.7b | HK$5.0b | 26.3x | 80.3x | 1.4x |
| Thu, 30 Oct 2025 | HK$406.8b | HK$278.1b | HK$4.8b | 28.6x | 85.2x | 1.5x |
| Sat, 27 Sep 2025 | HK$427.0b | HK$277.0b | HK$4.8b | 29.7x | 89.6x | 1.5x |
| Mon, 25 Aug 2025 | HK$428.6b | HK$278.7b | HK$2.2b | 30x | 192.4x | 1.5x |
| Wed, 23 Jul 2025 | HK$329.7b | HK$276.1b | HK$1.8b | 29.6x | 179.3x | 1.2x |
| Fri, 20 Jun 2025 | HK$284.6b | HK$275.7b | HK$1.8b | 27.8x | 160.1x | 1x |
| Sun, 18 May 2025 | HK$294.7b | HK$271.2b | -HK$71,496,332.12 | 25.5x | -4121.8x | 1.1x |
| Tue, 15 Apr 2025 | HK$267.3b | HK$265.7b | -HK$119,786,832.72 | 23.1x | -2231.9x | 1x |
| Thu, 13 Mar 2025 | HK$271.4b | HK$265.0b | HK$2.7b | 12.8x | 99.2x | 1x |
| Sat, 08 Feb 2025 | HK$235.9b | HK$260.4b | HK$1.1b | 14x | 220.7x | 0.9x |
| Mon, 06 Jan 2025 | HK$205.2b | HK$259.3b | HK$1.3b | 18.7x | 154.1x | 0.8x |
| Wed, 04 Dec 2024 | HK$236.8b | HK$260.7b | HK$1.4b | 16.7x | 172.7x | 0.9x |
| Fri, 01 Nov 2024 | HK$241.1b | HK$265.8b | HK$570.2m | 11.4x | 422.7x | 0.9x |
| Sun, 29 Sep 2024 | HK$251.4b | HK$269.7b | HK$589.7m | 14.1x | 426.3x | 0.9x |
| Tue, 27 Aug 2024 | HK$195.7b | HK$267.0b | HK$1.1b | 12.9x | 171.8x | 0.7x |
| Thu, 25 Jul 2024 | HK$195.4b | HK$260.1b | HK$954.0m | 12.5x | 204.8x | 0.8x |
| Sat, 22 Jun 2024 | HK$220.2b | HK$260.5b | HK$1.0b | 13.1x | 218.4x | 0.8x |
| Mon, 20 May 2024 | HK$253.4b | HK$287.6b | HK$4.0b | 13x | 63.5x | 0.9x |
| Wed, 17 Apr 2024 | HK$218.5b | HK$288.0b | HK$4.0b | 12.1x | 54.7x | 0.8x |
| Fri, 15 Mar 2024 | HK$235.7b | HK$286.0b | -HK$98,245,000.15 | 11.6x | -2398.8x | 0.8x |
| Sun, 11 Feb 2024 | HK$229.7b | HK$287.1b | -HK$111,738,233.51 | 10.1x | -2055.7x | 0.8x |
| Tue, 09 Jan 2024 | HK$255.8b | HK$287.0b | -HK$200,134,814.00 | 9.9x | -1277.9x | 0.9x |
| Thu, 07 Dec 2023 | HK$280.1b | HK$287.3b | -HK$166,747,974.00 | 8.8x | -1679.9x | 1x |
| Sat, 04 Nov 2023 | HK$288.2b | HK$285.5b | -HK$146,062,165.00 | 15.3x | -1972.9x | 1x |
| Mon, 02 Oct 2023 | HK$277.9b | HK$276.0b | HK$2.5m | 15.7x | 111382.3x | 1x |
| Wed, 30 Aug 2023 | HK$292.6b | HK$278.1b | -HK$101,281,461.00 | 9.8x | -2888.9x | 1.1x |
Price to Earnings Ratio
-2888.9x
Current Industry PE
- Investors are pessimistic on the Hong Kong Consumer Retailing 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 27.0x which is lower than its 3-year average PE of 2kx.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.88x.
Past Earnings Growth
- Total earnings for the Consumer Retailing industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 11% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Staples industry?
| HK Market | 3.64% | |
| Consumer Staples | -0.23% | |
| Food and Staples Retail | -1.05% | |
| Big Box Super Stores | 1.80% | |
| Food Retail | 0.20% | |
| Food Distributors | -1.06% | |
| Drug Retail | -2.00% | |
Industry PE
- Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 30.7x.
- Analysts are expecting annual earnings growth of 25.7%, which is lower than the prior year's growth of 39.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Big Box Super Stores industry, expecting annual earnings growth of 78% over the next 5 years.
- In contrast, the Drug Retail 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1768 Busy Ming Group | HK$409.20 | 2.4% +HK$2.0b | n/a | PE32.8x | |
| 241 Alibaba Health Information Technology | HK$3.26 | 0.5% +HK$242.5m | -40.8% | PE23.3x | |
| 6808 Sun Art Retail Group | HK$1.10 | 1.4% +HK$143.1m | -47.6% | PS0.1x | |
| 314 Sipai Health Technology | HK$1.53 | 8.5% +HK$87.3m | -72.7% | PS0.6x | |
| 980 Lianhua Supermarket Holdings | HK$0.35 | 18.3% +HK$81.4m | -15.5% | PS0.03x |
