China Galaxy Securities Co., Ltd. (HKG:6881) Doing What It Can To Lift Shares
Jan 12
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Capital Markets Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies95
- 7D6.3%
- 3M-4.5%
- 1Y46.1%
- YTD1.9%
In the last week, the Capital Markets industry is up 4.4%, with Hong Kong Exchanges and Clearing up 6.6%. During this same period, the DL Holdings Group underperformed, falling 6.6%. This means that the industry has gained 39% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Hong Kong Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | HK$1.0t | HK$161.1b | HK$28.8b | 17.8x | 35.5x | 6.3x |
| Thu, 19 Dec 2024 | HK$1.1t | HK$161.2b | HK$28.7b | 20.9x | 37x | 6.6x |
| Sat, 16 Nov 2024 | HK$1.1t | HK$162.6b | HK$29.1b | 18.6x | 37x | 6.6x |
| Mon, 14 Oct 2024 | HK$1.1t | HK$161.6b | HK$28.2b | 20.9x | 40.4x | 7.1x |
| Wed, 11 Sep 2024 | HK$775.9b | HK$161.2b | HK$28.1b | 13.4x | 27.6x | 4.8x |
| Fri, 09 Aug 2024 | HK$784.8b | HK$161.1b | HK$30.0b | 15.2x | 26.1x | 4.9x |
| Sun, 07 Jul 2024 | HK$794.4b | HK$159.6b | HK$29.8b | 15.4x | 26.7x | 5x |
| Tue, 04 Jun 2024 | HK$875.6b | HK$160.2b | HK$29.3b | 11.5x | 29.8x | 5.5x |
| Thu, 02 May 2024 | HK$875.1b | HK$160.1b | HK$29.4b | 9.6x | 29.8x | 5.5x |
| Sat, 30 Mar 2024 | HK$830.7b | HK$163.1b | HK$34.9b | 9.6x | 23.8x | 5.1x |
| Mon, 26 Feb 2024 | HK$889.7b | HK$160.6b | HK$35.2b | 9.5x | 25.3x | 5.5x |
| Wed, 24 Jan 2024 | HK$833.9b | HK$163.3b | HK$34.3b | 9.8x | 24.3x | 5.1x |
| Fri, 22 Dec 2023 | HK$923.7b | HK$163.6b | HK$34.7b | 10.4x | 26.6x | 5.6x |
| Sun, 19 Nov 2023 | HK$1.0t | HK$175.4b | HK$33.5b | 11x | 30.3x | 5.8x |
| Tue, 17 Oct 2023 | HK$959.9b | HK$175.6b | HK$34.4b | 10.2x | 27.9x | 5.5x |
| Thu, 14 Sep 2023 | HK$986.2b | HK$170.9b | HK$33.9b | 10.9x | 29.1x | 5.8x |
| Sat, 12 Aug 2023 | HK$1.0t | HK$182.5b | HK$33.1b | 12x | 31.5x | 5.7x |
| Mon, 10 Jul 2023 | HK$949.5b | HK$182.8b | HK$33.2b | 11.7x | 28.6x | 5.2x |
| Wed, 07 Jun 2023 | HK$1.0t | HK$184.6b | HK$35.7b | 14.7x | 28x | 5.4x |
| Fri, 05 May 2023 | HK$1.1t | HK$203.8b | HK$38.5b | 13.5x | 27.7x | 5.2x |
| Sun, 02 Apr 2023 | HK$1.1t | HK$200.7b | HK$38.4b | 13.9x | 27.9x | 5.3x |
| Tue, 28 Feb 2023 | HK$1.1t | HK$217.2b | HK$45.5b | 12.9x | 23.4x | 4.9x |
| Thu, 26 Jan 2023 | HK$1.2t | HK$220.8b | HK$46.2b | 14x | 25.2x | 5.3x |
| Sat, 24 Dec 2022 | HK$1.0t | HK$215.1b | HK$44.8b | 14.5x | 23.4x | 4.9x |
| Mon, 21 Nov 2022 | HK$988.4b | HK$211.5b | HK$41.3b | 12.2x | 23.9x | 4.7x |
| Wed, 19 Oct 2022 | HK$894.0b | HK$215.4b | HK$39.9b | 9.7x | 22.4x | 4.2x |
| Fri, 16 Sep 2022 | HK$1.0t | HK$222.1b | HK$40.8b | 10.2x | 24.9x | 4.6x |
| Sun, 14 Aug 2022 | HK$1.1t | HK$238.0b | HK$56.6b | 9.6x | 19.7x | 4.7x |
| Tue, 12 Jul 2022 | HK$1.1t | HK$240.0b | HK$57.7b | 9.8x | 19.9x | 4.8x |
| Thu, 09 Jun 2022 | HK$1.1t | HK$241.0b | HK$60.3b | 7.9x | 18.2x | 4.6x |
| Sat, 07 May 2022 | HK$1.0t | HK$241.3b | HK$60.5b | 8.2x | 16.6x | 4.2x |
| Mon, 04 Apr 2022 | HK$1.2t | HK$256.0b | HK$68.4b | 8x | 17.2x | 4.6x |
| Wed, 02 Mar 2022 | HK$1.2t | HK$267.4b | HK$67.6b | 6.8x | 18.3x | 4.6x |
| Fri, 28 Jan 2022 | HK$1.4t | HK$266.3b | HK$67.6b | 7.1x | 20x | 5.1x |
Price to Earnings Ratio
20x
Current Industry PE
- Investors are optimistic on the Hong Kong Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.2x which is higher than its 3-year average PE of 26.1x.
- The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 6.3x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 25% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Financials industry?
| HK Market | 3.38% | |
| Financials | 3.10% | |
| Capital Markets | 6.28% | |
| Asset Management | 9.17% | |
| Financial Exchanges and Data | 6.30% | |
| Investment Banking and Brokerage | 6.19% | |
| Diversified Capital Markets | -0.75% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 23.9x.
- Analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings decline of 27.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 39% over the next 5 years.
- This is better than its past earnings decline of 70% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 388 Hong Kong Exchanges and Clearing | HK$294.00 | 4.4% +HK$15.7b | 26.0% | PE31.3x | |
| 2799 China CITIC Financial Asset Management | HK$0.68 | 13.3% +HK$6.4b | 103.0% | PE4.4x | |
| 3908 China International Capital | HK$12.98 | 5.9% +HK$3.5b | 38.5% | PE15.6x | |
| 1359 China Cinda Asset Management | HK$1.19 | 6.3% +HK$2.7b | 72.5% | PE18x | |
| 6881 China Galaxy Securities | HK$6.94 | 2.2% +HK$1.6b | 87.6% | PE9.7x |
