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Hong Kong (HSI) Financials Sector Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies194
  • 7D4.3%
  • 3M-0.9%
  • 1Y-9.0%
  • YTD-11.7%

The Financials industry is up 1.6% in the last week, with Industrial and Commercial Bank of China up 3.0%. In contrast, the industry has lost 13% in the last 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

Has the Hong Kong Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022HK$11.3tHK$8.1tHK$1.9t7x6x1.4x
Fri, 28 Oct 2022HK$10.2tHK$8.2tHK$1.9t6.2x5.5x1.3x
Sun, 25 Sep 2022HK$11.0tHK$8.2tHK$1.9t6.8x5.9x1.3x
Tue, 23 Aug 2022HK$11.4tHK$8.6tHK$2.0t6.6x5.7x1.3x
Thu, 21 Jul 2022HK$11.9tHK$8.7tHK$2.0t7.3x5.9x1.4x
Sat, 18 Jun 2022HK$12.5tHK$8.8tHK$2.0t7x6.2x1.4x
Mon, 16 May 2022HK$12.0tHK$8.7tHK$2.0t6.5x6x1.4x
Wed, 13 Apr 2022HK$13.1tHK$9.1tHK$2.1t6.9x6.2x1.4x
Fri, 11 Mar 2022HK$12.6tHK$9.3tHK$2.2t5.6x5.8x1.4x
Sun, 06 Feb 2022HK$13.4tHK$9.2tHK$2.1t6.3x6.3x1.5x
Tue, 04 Jan 2022HK$13.0tHK$9.1tHK$2.1t5.8x6.1x1.4x
Thu, 02 Dec 2021HK$12.7tHK$9.1tHK$2.1t6x6x1.4x
Sat, 30 Oct 2021HK$13.0tHK$8.9tHK$2.1t6.5x6.3x1.5x
Mon, 27 Sep 2021HK$12.8tHK$8.7tHK$2.0t6.3x6.3x1.5x
Wed, 25 Aug 2021HK$13.1tHK$8.7tHK$2.0t7.2x6.4x1.5x
Thu, 01 Jul 2021HK$14.2tHK$8.7tHK$2.0t7.3x6.9x1.6x
Sun, 04 Apr 2021HK$14.9tHK$8.4tHK$1.9t8.4x7.7x1.8x
Wed, 06 Jan 2021HK$14.5tHK$8.3tHK$1.9t9.2x7.6x1.7x
Sat, 10 Oct 2020HK$13.0tHK$7.9tHK$1.7t8.1x7.8x1.7x
Fri, 03 Jul 2020HK$12.8tHK$7.5tHK$1.6t9.9x7.9x1.7x
Mon, 06 Apr 2020HK$12.6tHK$7.4tHK$1.7t9.1x7.2x1.7x
Thu, 09 Jan 2020HK$14.8tHK$7.6tHK$1.8t9.6x8.1x2x
Price to Earnings Ratio

7.9x


Total Market Cap: HK$13.9tTotal Earnings: HK$1.8tTotal Revenue: HK$7.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Financials Sector Price to Earnings3Y Average 7x202020212022
Current Industry PE
  • Investors are pessimistic on the Hong Kong Financials 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 5.8x which is lower than its 3-year average PE of 7.0x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 2.2% per year over the last three years.
  • Revenues for these companies have grown 4.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Financials sector?

HK Market3.42%
Financials4.27%
Diversified Financial7.16%
Mortgage Finance7.13%
Insurance6.89%
Capital Markets3.44%
Banks3.21%
Mortgage REITs0%
Consumer Finance-0.90%
Industry PE
  • Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 22.6x.
    • Analysts are expecting annual earnings growth of 19.5%, which is higher than its past year's earnings decline of 7.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 2.5% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 7.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2318 Ping An Insurance (Group) Company of ChinaHK$47.7514.2%
+HK$115.5b
-12.0%PE8.8x
1398 Industrial and Commercial Bank of ChinaHK$3.913.7%
+HK$49.9b
-6.5%PB0.4x
1299 AIA GroupHK$78.505.2%
+HK$45.1b
-4.7%PE32.8x
1288 Agricultural Bank of ChinaHK$2.604.8%
+HK$42.0b
-0.8%PB0.3x
939 China Construction BankHK$4.712.6%
+HK$30.0b
-8.2%PB0.4x
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Latest News

1140

HK$0.45

Wealthking Investments

7D

-5.3%

1Y

-40.8%

388

HK$306.00

Hong Kong Exchanges and Clearing

7D

6.0%

1Y

-29.6%

1299

HK$78.50

AIA Group

7D

5.2%

1Y

-4.7%

11

HK$120.20

Hang Seng Bank

7D

-2.1%

1Y

-14.1%

416

HK$1.35

Bank of Jinzhou

7D

-2.2%

1Y

-27.0%

2003

HK$2.61

VCREDIT Holdings

7D

-11.2%

1Y

-33.4%

1983

HK$1.85

Luzhou Bank

7D

-3.6%

1Y

-25.7%

1282

HK$0.024

Glory Sun Financial Group

7D

-95.4%

1Y

-99.5%

2318

HK$47.75

Ping An Insurance (Group) Company of China

7D

14.2%

1Y

-12.0%

2628

HK$11.86

China Life Insurance

7D

9.4%

1Y

-8.5%

939

HK$4.71

China Construction Bank

7D

2.6%

1Y

-8.2%

3988

HK$2.77

Bank of China

7D

3.4%

1Y

1.8%

1288

HK$2.60

Agricultural Bank of China

7D

4.8%

1Y

-0.8%

6199

HK$2.37

Bank of Guizhou

7D

-0.4%

1Y

-7.1%

1578

HK$2.00

Bank of Tianjin

7D

-4.8%

1Y

-40.7%