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Hong Kong (HSI) Food and Staples Retail Industry Analysis
UpdatedJul 31, 2024
DataAggregated Company Financials
Companies35
- 7D-2.9%
- 3M-17.1%
- 1Y-56.3%
- YTD-38.9%
Over the last 7 days, the Food and Staples Retail industry has dropped 2.9%, driven by pullbacks in East Buy Holding and Alibaba Health Information Technology of 15% and 3.1%, respectively. Meanwhile, China Wantian Holdings actually outperformed within the industry, gaining 11% in the last week. The industry has fallen 56% in the last year. Looking forward, earnings are forecast to grow by 28% 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 |
|---|---|---|---|---|---|---|
| Wed, 31 Jul 2024 | HK$191.0b | HK$261.0b | HK$911.5m | 13.6x | 209.5x | 0.7x |
| Fri, 28 Jun 2024 | HK$203.2b | HK$260.4b | HK$1.0b | 11.8x | 201.5x | 0.8x |
| Sun, 26 May 2024 | HK$232.4b | HK$280.4b | HK$2.4b | 12.4x | 94.9x | 0.8x |
| Tue, 23 Apr 2024 | HK$209.2b | HK$288.0b | HK$4.0b | 11.7x | 52.4x | 0.7x |
| Thu, 21 Mar 2024 | HK$241.5b | HK$284.8b | HK$910.3m | 11.6x | 265.3x | 0.8x |
| Sat, 17 Feb 2024 | HK$247.4b | HK$288.6b | -HK$113,603,915.29 | 10.2x | -2178.1x | 0.9x |
| Mon, 15 Jan 2024 | HK$250.8b | HK$287.2b | -HK$200,208,758.00 | 9.7x | -1252.5x | 0.9x |
| Wed, 13 Dec 2023 | HK$283.1b | HK$286.7b | -HK$166,290,128.00 | 8.7x | -1702.4x | 1x |
| Fri, 10 Nov 2023 | HK$288.7b | HK$285.9b | -HK$155,869,694.00 | 15.3x | -1852.3x | 1x |
| Sun, 08 Oct 2023 | HK$268.6b | HK$276.0b | HK$2.2m | 15.8x | 121804.4x | 1x |
| Tue, 05 Sep 2023 | HK$292.0b | HK$277.3b | -HK$79,541,859.00 | 15.8x | -3670.9x | 1.1x |
| Thu, 03 Aug 2023 | HK$348.9b | HK$271.9b | -HK$2,244,489,789.00 | 11.6x | -155.4x | 1.3x |
| Sat, 01 Jul 2023 | HK$326.6b | HK$270.1b | -HK$2,220,055,630.00 | 13.3x | -147.1x | 1.2x |
| Mon, 29 May 2023 | HK$333.1b | HK$276.6b | -HK$2,421,023,463.00 | 13.9x | -137.6x | 1.2x |
| Wed, 26 Apr 2023 | HK$386.2b | HK$282.4b | -HK$4,115,138,932.00 | 13.8x | -93.9x | 1.4x |
| Fri, 24 Mar 2023 | HK$419.6b | HK$281.6b | -HK$1,046,896,061.00 | 20.1x | -400.8x | 1.5x |
| Sun, 19 Feb 2023 | HK$98.4b | HK$182.0b | HK$117.7m | 11.3x | 835.9x | 0.5x |
| Tue, 17 Jan 2023 | HK$90.8b | HK$183.1b | HK$81.7m | 10.9x | 1111.4x | 0.5x |
| Thu, 15 Dec 2022 | HK$71.8b | HK$166.7b | -HK$204,762,786.00 | 8.6x | -350.9x | 0.4x |
| Sat, 12 Nov 2022 | HK$51.0b | HK$163.2b | -HK$171,417,986.00 | 18.2x | -297.8x | 0.3x |
| Mon, 10 Oct 2022 | HK$47.0b | HK$165.6b | -HK$167,519,495.00 | 13.3x | -280.6x | 0.3x |
| Wed, 07 Sep 2022 | HK$50.1b | HK$166.4b | -HK$1,261,076,898.00 | 12x | -39.7x | 0.3x |
| Fri, 05 Aug 2022 | HK$34.1b | HK$158.8b | -HK$1,139,810,433.00 | 12.4x | -29.9x | 0.2x |
| Sun, 03 Jul 2022 | HK$36.5b | HK$159.5b | -HK$1,207,867,479.00 | 12.2x | -30.2x | 0.2x |
| Tue, 31 May 2022 | HK$33.9b | HK$159.3b | -HK$1,342,213,827.00 | 9.8x | -25.3x | 0.2x |
| Thu, 28 Apr 2022 | HK$32.3b | HK$173.4b | HK$2.1b | 9.6x | 15.5x | 0.2x |
| Sat, 26 Mar 2022 | HK$40.8b | HK$179.6b | HK$459.9m | 10.5x | 88.7x | 0.2x |
| Mon, 21 Feb 2022 | HK$45.3b | HK$180.1b | HK$487.0m | 10.2x | 93x | 0.3x |
| Wed, 19 Jan 2022 | HK$41.6b | HK$179.3b | HK$468.8m | 9.5x | 88.7x | 0.2x |
| Fri, 17 Dec 2021 | HK$42.3b | HK$179.1b | HK$461.7m | 9.8x | 91.7x | 0.2x |
| Sun, 14 Nov 2021 | HK$46.0b | HK$179.1b | HK$624.4m | 13.2x | 73.7x | 0.3x |
| Tue, 12 Oct 2021 | HK$51.4b | HK$180.1b | HK$1.6b | 14.4x | 33.1x | 0.3x |
| Thu, 09 Sep 2021 | HK$52.1b | HK$177.7b | HK$1.5b | 14.8x | 35.8x | 0.3x |
| Sat, 07 Aug 2021 | HK$61.4b | HK$177.7b | HK$1.5b | 14.7x | 39.7x | 0.3x |
Price to Earnings Ratio
39.7x
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 210x which is lower than its 3-year average PE of 2kx.
- The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have declined 16% 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 | -2.74% | |
| Consumer Staples | -6.37% | |
| Food and Staples Retail | -2.87% | |
| Food Distributors | 2.47% | |
| Drug Retail | -1.37% | |
| Big Box Super Stores | -4.66% | |
| Food Retail | -8.51% | |
Industry PE
- Investors are most optimistic about the Drug Retail industry even though it's trading below its 3-year average PE ratio of 130x.
- Analysts are expecting annual earnings growth of 23.0%, which is lower than the prior year's growth of 264.6% 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.
- This is better than its past earnings decline of 79% per year.
- In contrast, the Food Retail industry is expected to see its earnings grow by 11% 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$21.75 | 5.8% +HK$3.8b | -59.8% | PE30x | |
| 241 Alibaba Health Information Technology | HK$3.31 | 3.8% +HK$1.9b | -38.4% | PE55.8x | |
| 2517 Guoquan Food (Shanghai) | HK$2.86 | 10.9% +HK$769.3m | n/a | PE30.4x | |
| 1833 Ping An Healthcare and Technology | HK$11.40 | 3.6% +HK$447.5m | -43.1% | PS2.5x | |
| 1854 China Wantian Holdings | HK$1.25 | 10.6% +HK$232.7m | 73.6% | PS9.4x |
