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Hong Kong (HSI) Regional Banks Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies19
  • 7D-0.03%
  • 3M0.3%
  • 1Y-22.9%
  • YTDn/a

Last week, the Regional Banks industry hasn't moved much but Guangzhou Rural Commercial Bank is up 18% in that time. Unfortunately though, the industry is down 23% over the past 12 months. As for the next few years, earnings are expected to grow by 8.2% per annum.

Industry Valuation and Performance

Has the Hong Kong Regional Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$327.9bHK$184.0bHK$65.9b5.8x5x1.8x
Wed, 14 Feb 2024HK$325.2bHK$184.0bHK$65.9b5.7x4.9x1.8x
Fri, 12 Jan 2024HK$347.8bHK$189.1bHK$67.1b6.2x5.2x1.8x
Sun, 10 Dec 2023HK$344.5bHK$188.8bHK$66.9b7x5.1x1.8x
Tue, 07 Nov 2023HK$355.7bHK$186.5bHK$66.1b7.1x5.4x1.9x
Thu, 05 Oct 2023HK$389.6bHK$183.2bHK$63.2b7.4x6.2x2.1x
Sat, 02 Sep 2023HK$404.9bHK$184.3bHK$63.7b6.9x6.4x2.2x
Mon, 31 Jul 2023HK$411.7bHK$194.5bHK$66.3b7x6.2x2.1x
Wed, 28 Jun 2023HK$413.7bHK$193.7bHK$66.0b7x6.3x2.1x
Fri, 26 May 2023HK$429.0bHK$198.0bHK$67.5b7.2x6.4x2.2x
Sun, 23 Apr 2023HK$430.6bHK$201.9bHK$68.1b6.8x6.3x2.1x
Tue, 21 Mar 2023HK$428.6bHK$183.7bHK$67.4b6.2x6.4x2.3x
Thu, 16 Feb 2023HK$432.8bHK$185.0bHK$67.8b6.8x6.4x2.3x
Sat, 14 Jan 2023HK$439.4bHK$187.4bHK$68.8b6.5x6.4x2.3x
Mon, 12 Dec 2022HK$441.7bHK$180.5bHK$66.3b6.5x6.7x2.4x
Wed, 09 Nov 2022HK$421.3bHK$176.2bHK$65.0b6.5x6.5x2.4x
Fri, 07 Oct 2022HK$433.5bHK$174.2bHK$65.5b6.8x6.6x2.5x
Sun, 04 Sep 2022HK$447.0bHK$179.1bHK$67.6b6.8x6.6x2.5x
Tue, 02 Aug 2022HK$454.3bHK$183.2bHK$68.9b7.4x6.6x2.5x
Thu, 30 Jun 2022HK$472.6bHK$184.2bHK$69.4b7.7x6.8x2.6x
Sat, 28 May 2022HK$460.5bHK$182.6bHK$68.5b7.1x6.7x2.5x
Mon, 25 Apr 2022HK$483.0bHK$187.5bHK$69.8b7.5x6.9x2.6x
Wed, 23 Mar 2022HK$486.2bHK$195.9bHK$71.1b5.7x6.8x2.5x
Fri, 18 Feb 2022HK$505.9bHK$195.9bHK$71.2b6x7.1x2.6x
Sun, 16 Jan 2022HK$512.1bHK$190.2bHK$70.1b6.4x7.3x2.7x
Tue, 14 Dec 2021HK$507.3bHK$189.8bHK$69.5b5.7x7.3x2.7x
Thu, 11 Nov 2021HK$511.2bHK$189.0bHK$69.2b5.6x7.4x2.7x
Sat, 09 Oct 2021HK$521.4bHK$184.4bHK$67.4b6.3x7.7x2.8x
Mon, 06 Sep 2021HK$474.3bHK$172.1bHK$60.9b7.2x7.8x2.8x
Wed, 04 Aug 2021HK$470.8bHK$172.1bHK$60.9b7.3x7.7x2.7x
Sat, 08 May 2021HK$495.1bHK$168.1bHK$59.7b8.6x8.3x2.9x
Price to Earnings Ratio

8.3x


Total Market Cap: HK$495.7bTotal Earnings: HK$59.7bTotal Revenue: HK$168.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Regional Banks Industry Price to Earnings3Y Average 6.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Regional Banks 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 5.0x which is lower than its 3-year average PE of 6.7x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have grown 3.4% per year over the last three years.
  • Revenues for these companies have grown 3.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Hong Kong Regional Banks compare with similar industries?

HK Market1.55%
Financials-0.84%
Banks-1.04%
Regional Banks-0.026%
Diversified Banks-1.09%
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?

CompanyLast Price7D1YValuation
1551 Guangzhou Rural Commercial BankHK$1.5917.8%
+HK$3.5b
-35.4%PB0.3x
1216 Zhongyuan BankHK$0.295.4%
+HK$548.2m
-51.6%PB0.1x
3698 Huishang BankHK$2.381.3%
+HK$416.7m
-4.4%PB0.2x
6138 Harbin BankHK$0.2814.6%
+HK$384.8m
3.8%PB0.05x
1983 Luzhou BankHK$2.194.3%
+HK$244.6m
-13.4%PB0.5x
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Latest News

1551

HK$1.59

Guangzhou Rural Commercial Bank

7D

17.8%

1Y

-35.4%

1216

HK$0.29

Zhongyuan Bank

7D

5.4%

1Y

-51.6%

2558

HK$1.44

Jinshang Bank

7D

-0.7%

1Y

15.2%

3698

HK$2.38

Huishang Bank

7D

1.3%

1Y

-4.4%

6138

HK$0.28

Harbin Bank

7D

14.6%

1Y

3.8%

9889

HK$6.97

Dongguan Rural Commercial Bank

7D

-4.0%

1Y

2.5%

2139

HK$0.39

Bank of Gansu

7D

-3.8%

1Y

-57.2%

1983

HK$2.19

Luzhou Bank

7D

4.3%

1Y

-13.4%

2066

HK$1.00

Shengjing Bank

7D

1.0%

1Y

-83.3%

1578

HK$1.79

Bank of Tianjin

7D

1.7%

1Y

-2.2%

626

HK$1.26

Public Financial Holdings

7D

-0.8%

1Y

-43.2%

1963

HK$4.30

Bank of Chongqing

7D

-0.7%

1Y

1.9%

3618

HK$3.25

Chongqing Rural Commercial Bank

7D

-0.9%

1Y

17.3%

6196

HK$0.84

Bank of Zhengzhou

7D

-1.2%

1Y

-16.0%

3866

HK$2.08

Bank of Qingdao

7D

1.5%

1Y

-17.8%

6190

HK$6.50

Bank of Jiujiang

7D

-2.1%

1Y

-31.9%