Subdued Growth No Barrier To Sun Art Retail Group Limited (HKG:6808) With Shares Advancing 38%
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Hong Kong (HSI) Food and Staples Retail Industry Analysis
UpdatedSep 25, 2024
DataAggregated Company Financials
Companies35
- 7D13.2%
- 3M2.0%
- 1Y-35.1%
- YTD-31.0%
The Food and Staples Retail industry is up 8.8% in the last week, with JD Health International up 11%. Meanwhile, Beijing UBOX Online Technology actually underperformed within the industry, shrinking 17% in the last week. However, the industry is down 40% over the past year. As for the next few years, earnings are expected to grow by 28% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 25 Sep 2024 | HK$215.5b | HK$269.4b | HK$670.5m | 11.6x | 321.5x | 0.8x |
| Fri, 23 Aug 2024 | HK$195.3b | HK$264.8b | HK$1.6b | 13x | 119.1x | 0.7x |
| Sun, 21 Jul 2024 | HK$196.7b | HK$260.4b | HK$954.5m | 12.5x | 206.1x | 0.8x |
| Tue, 18 Jun 2024 | HK$225.1b | HK$260.9b | HK$1.0b | 12.7x | 222.7x | 0.9x |
| Thu, 16 May 2024 | HK$251.8b | HK$287.8b | HK$4.0b | 13x | 63.1x | 0.9x |
| Sat, 13 Apr 2024 | HK$219.3b | HK$288.2b | HK$4.0b | 12.4x | 54.9x | 0.8x |
| Mon, 11 Mar 2024 | HK$226.1b | HK$286.1b | -HK$98,321,573.11 | 11x | -2299.6x | 0.8x |
| Wed, 07 Feb 2024 | HK$230.6b | HK$289.1b | -HK$113,838,249.90 | 9.9x | -2025.4x | 0.8x |
| Fri, 05 Jan 2024 | HK$268.4b | HK$287.4b | -HK$200,347,043.00 | 9.9x | -1339.9x | 0.9x |
| 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 |
Price to Earnings Ratio
30.4x
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 306x which is lower than its 3-year average PE of 2kx.
- The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have declined 23% per year over the last three years.
- Meanwhile revenues for these companies have grown 14% 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 | 6.79% | |
| Consumer Staples | 10.21% | |
| Food and Staples Retail | 13.20% | |
| Big Box Super Stores | 29.73% | |
| Drug Retail | 15.03% | |
| Food Distributors | 3.17% | |
| Food Retail | 1.61% | |
Industry PE
- Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 50.5x.
- Analysts are expecting annual earnings growth of 19.4%, which is higher than its past year's earnings decline of 16.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Big Box Super Stores industry, expecting annual earnings growth of 95% over the next 5 years.
- In contrast, the Food Retail industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| 6618 JD Health International | HK$27.40 | 18.1% +HK$13.4b | -30.1% | PE30.1x | |
| 241 Alibaba Health Information Technology | HK$3.55 | 24.6% +HK$11.3b | -22.5% | PE58.2x | |
| 6808 Sun Art Retail Group | HK$1.71 | 36.8% +HK$4.4b | 2.4% | PS0.2x | |
| 6086 Fangzhou | HK$6.76 | 27.5% +HK$2.0b | n/a | PS3.3x | |
| 1833 Ping An Healthcare and Technology | HK$11.00 | 15.2% +HK$1.6b | -38.4% | PS2.4x |
