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Hong Kong (HSI) Packaged Foods and Meats Industry Analysis
UpdatedSep 28, 2023
DataAggregated Company Financials
Companies45
- 7D-0.5%
- 3M-4.2%
- 1Y-13.8%
- YTD-21.8%
Over the last 7 days, the Packaged Foods and Meats industry has dropped 1.1%, driven by WEILONG Delicious Global Holdings declining 6.8%. The industry has fallen 16% in the last year. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Hong Kong Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Sep 2023 | HK$515.9b | HK$720.7b | HK$35.7b | 15.2x | 14.4x | 0.7x |
| Sat, 26 Aug 2023 | HK$530.7b | HK$737.3b | HK$36.0b | 16.9x | 14.8x | 0.7x |
| Mon, 24 Jul 2023 | HK$547.4b | HK$737.2b | HK$38.8b | 18x | 14.1x | 0.7x |
| Wed, 21 Jun 2023 | HK$568.8b | HK$739.6b | HK$39.3b | 15.4x | 14.5x | 0.8x |
| Fri, 19 May 2023 | HK$583.1b | HK$748.2b | HK$39.8b | 15x | 14.6x | 0.8x |
| Sun, 16 Apr 2023 | HK$626.8b | HK$759.9b | HK$40.5b | 13.9x | 15.5x | 0.8x |
| Tue, 14 Mar 2023 | HK$627.2b | HK$742.3b | HK$42.0b | 12.5x | 14.9x | 0.8x |
| Thu, 09 Feb 2023 | HK$661.9b | HK$745.8b | HK$42.8b | 11.7x | 15.5x | 0.9x |
| Sat, 07 Jan 2023 | HK$678.7b | HK$733.9b | HK$41.9b | 12.4x | 16.2x | 0.9x |
| Mon, 05 Dec 2022 | HK$598.3b | HK$716.1b | HK$41.1b | 10.7x | 14.6x | 0.8x |
| Wed, 02 Nov 2022 | HK$527.0b | HK$707.0b | HK$40.8b | 9.4x | 12.9x | 0.7x |
| Fri, 30 Sep 2022 | HK$569.5b | HK$712.3b | HK$41.2b | 11.5x | 13.8x | 0.8x |
| Sun, 28 Aug 2022 | HK$642.2b | HK$726.5b | HK$45.0b | 10.2x | 14.3x | 0.9x |
| Tue, 26 Jul 2022 | HK$680.3b | HK$728.4b | HK$45.5b | 11.4x | 15x | 0.9x |
| Thu, 23 Jun 2022 | HK$680.9b | HK$731.1b | HK$45.9b | 11.3x | 14.8x | 0.9x |
| Sat, 21 May 2022 | HK$687.2b | HK$729.4b | HK$45.8b | 11.2x | 15x | 0.9x |
| Mon, 18 Apr 2022 | HK$707.0b | HK$751.4b | HK$47.7b | 10.9x | 14.8x | 0.9x |
| Wed, 16 Mar 2022 | HK$674.7b | HK$727.8b | HK$54.3b | 8.6x | 12.4x | 0.9x |
| Fri, 11 Feb 2022 | HK$834.9b | HK$722.5b | HK$54.0b | 9.9x | 15.5x | 1.2x |
| Sun, 09 Jan 2022 | HK$785.3b | HK$722.1b | HK$53.9b | 8.8x | 14.6x | 1.1x |
| Tue, 07 Dec 2021 | HK$756.5b | HK$721.8b | HK$53.9b | 8.7x | 14x | 1x |
| Thu, 04 Nov 2021 | HK$817.0b | HK$717.7b | HK$54.2b | 10.2x | 15.1x | 1.1x |
| Sat, 02 Oct 2021 | HK$825.4b | HK$714.9b | HK$53.7b | 9.9x | 15.4x | 1.2x |
| Mon, 30 Aug 2021 | HK$819.0b | HK$712.9b | HK$53.6b | 11x | 15.3x | 1.1x |
| Tue, 06 Jul 2021 | HK$930.1b | HK$712.9b | HK$53.6b | 12.2x | 17.3x | 1.3x |
| Fri, 09 Apr 2021 | HK$959.1b | HK$672.9b | HK$49.9b | 13.4x | 19.2x | 1.4x |
| Thu, 31 Dec 2020 | HK$957.0b | HK$651.3b | HK$48.4b | 14.9x | 19.8x | 1.5x |
| Sun, 04 Oct 2020 | HK$913.2b | HK$631.5b | HK$45.2b | 15.2x | 20.2x | 1.4x |
Price to Earnings Ratio
20.2x
Current Industry PE
- Investors are pessimistic on the Hong Kong Packaged Foods and Meats 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 14.5x which is lower than its 3-year average PE of 16.1x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.72x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have declined 7.5% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.5% 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 Comparison
How does Hong Kong Packaged Foods and Meats compare with similar industries?
| HK Market | -1.71% | |
| Consumer Staples | -1.94% | |
| Food | -0.47% | |
| Packaged Foods and Meats | -0.55% | |
| Agricultural Products | 1.98% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 322 Tingyi (Cayman Islands) Holding | HK$10.76 | 2.5% +HK$1.5b | -21.2% | PE18.8x | |
| 6186 China Feihe | HK$4.47 | 0.9% +HK$362.7m | -20.3% | PE8.6x | |
| 1579 Yihai International Holding | HK$13.24 | 2.3% +HK$291.0m | -21.5% | PE14.3x | |
| 2218 Yantai North Andre JuiceLtd | HK$7.34 | 11.2% +HK$259.9m | 20.3% | PE10.8x | |
| 2147 Zhengwei Group Holdings | HK$2.15 | 9.1% +HK$144.0m | n/a | PE28.9x |
