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Hong Kong (HSI) Regional Banks Industry Analysis

UpdatedSep 06, 2024
DataAggregated Company Financials
Companies19
  • 7D0.3%
  • 3M-6.0%
  • 1Y-19.3%
  • YTDn/a

Over the last 7 days, the Regional Banks industry has dropped 1.2%, driven by Chongqing Rural Commercial Bank declining 2.3%. On the other hand Guangzhou Rural Commercial Bank is actually up 12%. Overall the industry is down 21% in 12 months. Looking forward, earnings are forecast to grow by 7.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Sep 2024HK$309.8bHK$175.3bHK$64.5b5.8x4.8x1.8x
Sun, 04 Aug 2024HK$313.3bHK$173.3bHK$62.7b5.4x5x1.8x
Tue, 02 Jul 2024HK$319.8bHK$171.0bHK$61.9b5.9x5.2x1.9x
Thu, 30 May 2024HK$344.0bHK$171.4bHK$62.1b6x5.5x2x
Sat, 27 Apr 2024HK$327.0bHK$173.8bHK$63.3b6x5.2x1.9x
Mon, 25 Mar 2024HK$330.3bHK$183.7bHK$65.6b5.8x5x1.8x
Wed, 21 Feb 2024HK$327.1bHK$183.9bHK$65.9b5.7x5x1.8x
Fri, 19 Jan 2024HK$347.9bHK$188.1bHK$66.5b6.7x5.2x1.8x
Sun, 17 Dec 2023HK$344.6bHK$189.9bHK$67.3b6.8x5.1x1.8x
Tue, 14 Nov 2023HK$350.3bHK$185.6bHK$65.8b7.2x5.3x1.9x
Thu, 12 Oct 2023HK$390.0bHK$182.9bHK$63.1b7.3x6.2x2.1x
Sat, 09 Sep 2023HK$402.5bHK$182.4bHK$62.9b7.3x6.4x2.2x
Mon, 07 Aug 2023HK$411.7bHK$194.4bHK$66.3b6.7x6.2x2.1x
Wed, 05 Jul 2023HK$403.8bHK$193.6bHK$66.0b6.6x6.1x2.1x
Fri, 02 Jun 2023HK$426.8bHK$196.4bHK$66.9b7.1x6.4x2.2x
Sun, 30 Apr 2023HK$431.8bHK$202.3bHK$69.3b7x6.2x2.1x
Tue, 28 Mar 2023HK$426.1bHK$184.8bHK$68.2b6.2x6.2x2.3x
Thu, 23 Feb 2023HK$433.1bHK$183.4bHK$67.3b6.8x6.4x2.4x
Sat, 21 Jan 2023HK$439.9bHK$186.1bHK$68.2b6.8x6.4x2.4x
Mon, 19 Dec 2022HK$440.5bHK$180.0bHK$66.1b6.4x6.7x2.4x
Wed, 16 Nov 2022HK$424.9bHK$178.7bHK$65.6b6.2x6.5x2.4x
Fri, 14 Oct 2022HK$428.2bHK$172.8bHK$64.9b6.8x6.6x2.5x
Sun, 11 Sep 2022HK$444.3bHK$178.9bHK$67.7b6.6x6.6x2.5x
Tue, 09 Aug 2022HK$448.0bHK$182.7bHK$68.8b7x6.5x2.5x
Thu, 07 Jul 2022HK$469.7bHK$183.9bHK$69.2b8.1x6.8x2.6x
Sat, 04 Jun 2022HK$472.5bHK$184.6bHK$69.3b7.5x6.8x2.6x
Mon, 02 May 2022HK$473.8bHK$185.0bHK$69.2b7.6x6.9x2.6x
Wed, 30 Mar 2022HK$493.0bHK$196.1bHK$71.5b5.8x6.9x2.5x
Fri, 25 Feb 2022HK$497.6bHK$196.7bHK$71.4b5.8x7x2.5x
Sun, 23 Jan 2022HK$513.0bHK$190.5bHK$70.2b6.3x7.3x2.7x
Tue, 21 Dec 2021HK$506.2bHK$189.7bHK$69.5b5.9x7.3x2.7x
Thu, 18 Nov 2021HK$513.2bHK$188.9bHK$69.2b5.7x7.4x2.7x
Sat, 16 Oct 2021HK$516.8bHK$184.4bHK$67.4b5.7x7.7x2.8x
Mon, 13 Sep 2021HK$476.0bHK$172.1bHK$60.9b7.3x7.8x2.8x
Price to Earnings Ratio

7.8x


Total Market Cap: HK$476.0bTotal Earnings: HK$60.9bTotal Revenue: HK$172.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Regional Banks Industry Price to Earnings3Y Average 6.3x202220232024
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 4.8x which is lower than its 3-year average PE of 6.3x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Regional Banks industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Hong Kong Regional Banks compare with similar industries?

HK Market-3.01%
Financials-3.28%
Banks-4.66%
Regional Banks0.31%
Diversified Banks-4.83%
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$1.7011.8%
+HK$2.6b
-21.3%PB0.3x
9889 Dongguan Rural Commercial BankHK$4.982.7%
+HK$895.5m
-29.8%PB0.5x
2558 Jinshang BankHK$1.468.1%
+HK$642.3m
13.2%PB0.3x
3698 Huishang BankHK$2.230.5%
+HK$138.9m
-5.5%PB0.2x
3866 Bank of QingdaoHK$2.350.4%
+HK$58.2m
7.8%PB0.3x
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Latest News

1916

HK$0.56

Jiangxi Bank

7D

-6.7%

1Y

-41.7%

2558

HK$1.46

Jinshang Bank

7D

8.1%

1Y

13.2%

3698

HK$2.23

Huishang Bank

7D

0.5%

1Y

-5.5%

1963

HK$4.90

Bank of Chongqing

7D

-1.0%

1Y

19.2%

6196

HK$0.74

Bank of Zhengzhou

7D

-2.6%

1Y

-21.3%

9889

HK$4.98

Dongguan Rural Commercial Bank

7D

2.7%

1Y

-29.8%

3866

HK$2.35

Bank of Qingdao

7D

0.4%

1Y

7.8%

3618

HK$3.80

Chongqing Rural Commercial Bank

7D

-2.3%

1Y

35.2%

6138

HK$0.28

Harbin Bank

7D

-3.5%

1Y

16.5%

1551

HK$1.70

Guangzhou Rural Commercial Bank

7D

11.8%

1Y

-21.3%

2066

HK$0.64

Shengjing Bank

7D

-9.9%

1Y

-89.2%

2139

HK$0.27

Bank of Gansu

7D

-10.0%

1Y

-64.0%

626

HK$1.28

Public Financial Holdings

7D

3.2%

1Y

-31.2%