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Hong Kong (HSI) Regional Banks Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies19
- 7D0.3%
- 3M4.8%
- 1Y-0.5%
- YTDn/a
The Regional Banks industry is up 1.1% in the last week, with Bank of Guizhou up 8.3%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 7.6% per annum.
Industry Valuation and Performance
Has the Hong Kong Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$322.7b | HK$169.1b | HK$61.3b | 4.9x | 5.3x | 1.9x |
| Sat, 19 Oct 2024 | HK$342.2b | HK$174.7b | HK$64.3b | 5.7x | 5.3x | 2x |
| Mon, 16 Sep 2024 | HK$297.1b | HK$175.6b | HK$64.6b | 5.2x | 4.6x | 1.7x |
| Wed, 14 Aug 2024 | HK$307.4b | HK$172.8b | HK$62.5b | 5.3x | 4.9x | 1.8x |
| Fri, 12 Jul 2024 | HK$314.6b | HK$171.0b | HK$61.9b | 5.9x | 5.1x | 1.8x |
| Sun, 09 Jun 2024 | HK$333.9b | HK$171.5b | HK$62.1b | 5.9x | 5.4x | 1.9x |
| Tue, 07 May 2024 | HK$330.6b | HK$173.0b | HK$63.4b | 5.7x | 5.2x | 1.9x |
| Thu, 04 Apr 2024 | HK$332.1b | HK$174.0b | HK$63.4b | 6x | 5.2x | 1.9x |
| Sat, 02 Mar 2024 | HK$329.3b | HK$184.0b | HK$66.0b | 5.7x | 5x | 1.8x |
| Mon, 29 Jan 2024 | HK$347.8b | HK$189.1b | HK$66.9b | 6.6x | 5.2x | 1.8x |
| Wed, 27 Dec 2023 | HK$344.1b | HK$189.6b | HK$67.2b | 6.8x | 5.1x | 1.8x |
| Fri, 24 Nov 2023 | HK$347.8b | HK$189.1b | HK$67.1b | 6.7x | 5.2x | 1.8x |
| Sun, 22 Oct 2023 | HK$365.0b | HK$185.7b | HK$65.5b | 7.2x | 5.6x | 2x |
| Tue, 19 Sep 2023 | HK$401.8b | HK$183.1b | HK$63.1b | 7.4x | 6.4x | 2.2x |
| Thu, 17 Aug 2023 | HK$411.9b | HK$191.5b | HK$65.3b | 7x | 6.3x | 2.2x |
| Sat, 15 Jul 2023 | HK$409.9b | HK$195.4b | HK$66.6b | 6.9x | 6.2x | 2.1x |
| Mon, 12 Jun 2023 | HK$429.6b | HK$196.1b | HK$66.8b | 7.1x | 6.4x | 2.2x |
| Wed, 10 May 2023 | HK$446.2b | HK$201.9b | HK$68.8b | 7.3x | 6.5x | 2.2x |
| Fri, 07 Apr 2023 | HK$428.0b | HK$198.9b | HK$67.8b | 6.8x | 6.3x | 2.2x |
| Sun, 05 Mar 2023 | HK$433.2b | HK$183.2b | HK$67.2b | 6.8x | 6.4x | 2.4x |
| Tue, 31 Jan 2023 | HK$439.7b | HK$187.1b | HK$68.6b | 6.8x | 6.4x | 2.4x |
| Thu, 29 Dec 2022 | HK$439.2b | HK$180.1b | HK$66.1b | 6.7x | 6.6x | 2.4x |
| Sat, 26 Nov 2022 | HK$442.6b | HK$176.2b | HK$64.7b | 6.9x | 6.8x | 2.5x |
| Mon, 24 Oct 2022 | HK$426.2b | HK$171.2b | HK$64.4b | 6.9x | 6.6x | 2.5x |
| Wed, 21 Sep 2022 | HK$438.0b | HK$176.9b | HK$66.5b | 6.7x | 6.6x | 2.5x |
| Fri, 19 Aug 2022 | HK$448.3b | HK$182.1b | HK$68.5b | 7.1x | 6.5x | 2.5x |
| Sun, 17 Jul 2022 | HK$457.2b | HK$181.5b | HK$68.8b | 7.2x | 6.6x | 2.5x |
| Tue, 14 Jun 2022 | HK$465.3b | HK$183.4b | HK$68.8b | 7.5x | 6.8x | 2.5x |
| Thu, 12 May 2022 | HK$470.2b | HK$182.0b | HK$68.4b | 7.2x | 6.9x | 2.6x |
| Sat, 09 Apr 2022 | HK$496.6b | HK$191.4b | HK$71.3b | 7.3x | 7x | 2.6x |
| Mon, 07 Mar 2022 | HK$495.9b | HK$196.8b | HK$71.5b | 5.7x | 6.9x | 2.5x |
| Wed, 02 Feb 2022 | HK$499.9b | HK$190.1b | HK$70.1b | 6.4x | 7.1x | 2.6x |
| Fri, 31 Dec 2021 | HK$518.0b | HK$189.7b | HK$69.5b | 6.9x | 7.4x | 2.7x |
| Sun, 28 Nov 2021 | HK$512.7b | HK$189.2b | HK$69.3b | 5.7x | 7.4x | 2.7x |
Price to Earnings Ratio
7.4x
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 5.3x which is lower than its 3-year average PE of 6.1x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have declined 4.0% per year over the last three years,
- Revenues have also declined 3.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Regional Banks compare with similar industries?
| HK Market | 0.42% | |
| Financials | 0.60% | |
| Banks | 1.69% | |
| Regional Banks | 0.27% | |
| Diversified Banks | 1.74% | |
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 | |
|---|---|---|---|---|---|
| 3618 Chongqing Rural Commercial Bank | HK$4.15 | 1.2% +HK$567.9m | 42.6% | PB0.3x | |
| 3698 Huishang Bank | HK$2.30 | 1.8% +HK$555.6m | -3.4% | PB0.2x | |
| 1963 Bank of Chongqing | HK$5.85 | 1.9% +HK$382.2m | 46.3% | PB0.3x | |
| 1983 Luzhou Bank | HK$1.88 | 6.2% +HK$299.0m | -24.8% | PB0.4x | |
| 6199 Bank of Guizhou | HK$1.43 | 1.4% +HK$291.8m | -8.3% | PB0.4x |