Results: JD Health International Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 19
Hong Kong (HSI) Food and Staples Retail Industry Analysis
UpdatedAug 22, 2024
DataAggregated Company Financials
Companies35
- 7D2.2%
- 3M-18.3%
- 1Y-44.9%
- YTD-38.3%
The Food and Staples Retail is pretty flat in the last 7 days, but JD Health International has stood out, gaining 4.6%. Unfortunately though, the industry is down 44% over the past 12 months. Earnings are forecast to grow by 26% 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 |
|---|---|---|---|---|---|---|
| Thu, 22 Aug 2024 | HK$192.6b | HK$265.7b | HK$1.8b | 10.8x | 105.3x | 0.7x |
| Sat, 20 Jul 2024 | HK$197.8b | HK$260.4b | HK$954.5m | 12.5x | 207.3x | 0.8x |
| Mon, 17 Jun 2024 | HK$228.1b | HK$278.7b | HK$2.5b | 11.6x | 90.6x | 0.8x |
| Wed, 15 May 2024 | HK$251.8b | HK$287.4b | HK$4.0b | 13x | 63.2x | 0.9x |
| Fri, 12 Apr 2024 | HK$226.8b | HK$288.2b | HK$4.0b | 12.6x | 56.7x | 0.8x |
| Sun, 10 Mar 2024 | HK$226.1b | HK$286.1b | -HK$98,321,573.11 | 11x | -2299.6x | 0.8x |
| Tue, 06 Feb 2024 | HK$217.3b | HK$288.7b | -HK$113,186,836.57 | 9.7x | -1920.1x | 0.8x |
| Thu, 04 Jan 2024 | HK$271.7b | HK$287.5b | -HK$200,454,168.00 | 10x | -1355.2x | 0.9x |
| Sat, 02 Dec 2023 | HK$279.4b | HK$288.0b | -HK$167,756,252.00 | 9.5x | -1665.6x | 1x |
| Mon, 30 Oct 2023 | HK$251.8b | HK$274.6b | -HK$61,005,185.00 | 11.1x | -4127.9x | 0.9x |
| Wed, 27 Sep 2023 | HK$272.2b | HK$275.4b | -HK$78,602,132.00 | 15.6x | -3463.6x | 1x |
| Fri, 25 Aug 2023 | HK$280.2b | HK$277.5b | -HK$741,731,893.00 | 9.8x | -377.8x | 1x |
| Sun, 23 Jul 2023 | HK$337.7b | HK$272.4b | -HK$2,242,084,485.00 | 11.7x | -150.6x | 1.2x |
| Tue, 20 Jun 2023 | HK$354.2b | HK$273.1b | -HK$2,277,325,253.00 | 16.8x | -155.6x | 1.3x |
| Thu, 18 May 2023 | HK$373.1b | HK$278.4b | -HK$4,055,616,770.00 | 16.3x | -92x | 1.3x |
| Sat, 15 Apr 2023 | HK$409.3b | HK$285.3b | -HK$4,160,102,819.00 | 19.9x | -98.4x | 1.4x |
| Mon, 13 Mar 2023 | HK$88.8b | HK$181.1b | HK$126.2m | 10.7x | 704.1x | 0.5x |
| Wed, 08 Feb 2023 | HK$86.9b | HK$184.1b | HK$128.5m | 11.5x | 676x | 0.5x |
| Fri, 06 Jan 2023 | HK$54.8b | HK$169.1b | -HK$196,225,353.00 | 8.5x | -279.2x | 0.3x |
| Sun, 04 Dec 2022 | HK$69.1b | HK$165.4b | -HK$201,113,246.00 | 8.2x | -343.4x | 0.4x |
| Tue, 01 Nov 2022 | HK$42.9b | HK$162.4b | -HK$182,284,148.00 | 13.9x | -235.1x | 0.3x |
| Thu, 29 Sep 2022 | HK$49.0b | HK$162.5b | -HK$1,178,144,345.00 | 20.1x | -41.6x | 0.3x |
| Sat, 27 Aug 2022 | HK$32.7b | HK$156.8b | -HK$1,122,899,378.00 | 11.5x | -29.1x | 0.2x |
| Mon, 25 Jul 2022 | HK$34.1b | HK$158.4b | -HK$1,197,583,570.00 | 12.6x | -28.5x | 0.2x |
| Wed, 22 Jun 2022 | HK$35.1b | HK$159.5b | -HK$1,350,261,364.00 | 9.8x | -26x | 0.2x |
| Fri, 20 May 2022 | HK$34.4b | HK$168.8b | HK$2.0b | 9.5x | 17x | 0.2x |
| Sun, 17 Apr 2022 | HK$36.7b | HK$178.5b | HK$2.2b | 9.9x | 16.7x | 0.2x |
| Tue, 15 Mar 2022 | HK$38.3b | HK$180.3b | HK$467.4m | 9x | 81.9x | 0.2x |
| Thu, 10 Feb 2022 | HK$43.3b | HK$178.9b | HK$467.9m | 9.8x | 92.5x | 0.2x |
| Sat, 08 Jan 2022 | HK$42.4b | HK$178.6b | HK$460.5m | 9.7x | 92.1x | 0.2x |
| Mon, 06 Dec 2021 | HK$41.0b | HK$178.8b | HK$457.2m | 9.5x | 89.7x | 0.2x |
| Wed, 03 Nov 2021 | HK$54.2b | HK$181.0b | HK$1.5b | 134.8x | 35.7x | 0.3x |
| Fri, 01 Oct 2021 | HK$47.8b | HK$180.0b | HK$1.5b | 14.2x | 31.7x | 0.3x |
| Sun, 29 Aug 2021 | HK$58.2b | HK$177.7b | HK$1.5b | 13.9x | 37.6x | 0.3x |
Price to Earnings Ratio
37.6x
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 129x 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 remained mostly flat 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Staples industry?
| HK Market | 1.30% | |
| Consumer Staples | -1.94% | |
| Food and Staples Retail | 2.16% | |
| Food Retail | 6.39% | |
| Drug Retail | 1.37% | |
| Food Distributors | 1.31% | |
| Big Box Super Stores | -0.99% | |
Industry PE
- Investors are most optimistic about the Drug Retail industry even though it's trading below its 3-year average PE ratio of 127x.
- Analysts are expecting annual earnings growth of 21.9%, which is lower than the prior year's growth of 58.7% 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 8.9% 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$21.40 | 4.6% +HK$3.0b | -48.2% | PE23.9x | |
| 2429 Beijing UBOX Online Technology | HK$17.80 | 18.7% +HK$2.2b | n/a | PS4.8x | |
| 1797 East Buy Holding | HK$10.72 | 5.1% +HK$536.3m | -72.5% | PE15.9x | |
| 6086 Fangzhou | HK$4.24 | 7.3% +HK$388.7m | n/a | PS2.1x | |
| 241 Alibaba Health Information Technology | HK$3.01 | 0.3% +HK$160.8m | -30.3% | PE50.1x |