Kingwisoft Technology Group Company Limited (HKG:8295) Stock Rockets 27% But Many Are Still Ignoring The Company
Jul 03
Hong Kong (HSI) Capital Markets Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies97
- 7D-4.3%
- 3M-12.5%
- 1Y-31.4%
- YTD-17.4%
Over the last 7 days, the Capital Markets industry has dropped 1.6%, driven by a pullback from Hong Kong Exchanges and Clearing of 4.2%. Overall the industry is down 30% in 12 months. Earnings are forecast to grow by 17% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | HK$768.4b | HK$160.4b | HK$29.9b | 14.8x | 25.7x | 4.8x |
| Sun, 23 Jun 2024 | HK$859.0b | HK$159.7b | HK$29.3b | 15.1x | 29.3x | 5.4x |
| Tue, 21 May 2024 | HK$947.8b | HK$160.0b | HK$29.3b | 11.9x | 32.3x | 5.9x |
| Thu, 18 Apr 2024 | HK$796.2b | HK$168.4b | HK$33.3b | 10.6x | 23.9x | 4.7x |
| Sat, 16 Mar 2024 | HK$868.1b | HK$160.2b | HK$35.0b | 9.5x | 24.8x | 5.4x |
| Mon, 12 Feb 2024 | HK$860.9b | HK$161.2b | HK$35.3b | 9.8x | 24.4x | 5.3x |
| Wed, 10 Jan 2024 | HK$871.5b | HK$163.9b | HK$34.7b | 10.1x | 25.1x | 5.3x |
| Fri, 08 Dec 2023 | HK$953.4b | HK$163.8b | HK$34.7b | 11.1x | 27.5x | 5.8x |
| Sun, 05 Nov 2023 | HK$953.2b | HK$174.0b | HK$33.3b | 10.3x | 28.6x | 5.5x |
| Tue, 03 Oct 2023 | HK$964.8b | HK$167.9b | HK$34.5b | 10.7x | 28x | 5.7x |
| Thu, 31 Aug 2023 | HK$1.0t | HK$173.9b | HK$34.9b | 11.7x | 29.4x | 5.9x |
| Sat, 29 Jul 2023 | HK$1.1t | HK$183.7b | HK$33.4b | 12.1x | 32.1x | 5.8x |
| Mon, 26 Jun 2023 | HK$976.5b | HK$183.2b | HK$35.3b | 12.6x | 27.6x | 5.3x |
| Wed, 24 May 2023 | HK$1.0t | HK$200.2b | HK$37.7b | 13.6x | 27.6x | 5.2x |
| Fri, 21 Apr 2023 | HK$1.1t | HK$199.5b | HK$34.6b | 12.3x | 31.2x | 5.4x |
| Sun, 19 Mar 2023 | HK$1.1t | HK$218.2b | HK$47.2b | 12.5x | 22.6x | 4.9x |
| Tue, 14 Feb 2023 | HK$1.1t | HK$220.2b | HK$46.0b | 13.4x | 24x | 5x |
| Thu, 12 Jan 2023 | HK$1.1t | HK$220.8b | HK$46.2b | 14.4x | 24x | 5x |
| Sat, 10 Dec 2022 | HK$1.1t | HK$215.1b | HK$44.5b | 15.4x | 24.4x | 5x |
| Mon, 07 Nov 2022 | HK$890.8b | HK$210.6b | HK$41.1b | 13.9x | 21.7x | 4.2x |
| Wed, 05 Oct 2022 | HK$884.0b | HK$217.4b | HK$40.4b | 9x | 21.9x | 4.1x |
| Fri, 02 Sep 2022 | HK$1.0t | HK$214.1b | HK$42.8b | 11.3x | 24.5x | 4.9x |
| Sun, 31 Jul 2022 | HK$1.1t | HK$238.6b | HK$57.3b | 9.5x | 19.3x | 4.6x |
| Tue, 28 Jun 2022 | HK$1.2t | HK$239.8b | HK$59.8b | 8.5x | 20.7x | 5.2x |
| Thu, 26 May 2022 | HK$1.0t | HK$241.4b | HK$60.5b | 7.9x | 17x | 4.3x |
| Sat, 23 Apr 2022 | HK$1.1t | HK$251.2b | HK$65.5b | 9.1x | 16.7x | 4.3x |
| Mon, 21 Mar 2022 | HK$1.2t | HK$267.5b | HK$67.1b | 6.6x | 18x | 4.5x |
| Wed, 16 Feb 2022 | HK$1.3t | HK$265.8b | HK$67.5b | 6.9x | 19.8x | 5x |
| Fri, 14 Jan 2022 | HK$1.4t | HK$265.3b | HK$67.4b | 6.8x | 20.7x | 5.3x |
| Sun, 12 Dec 2021 | HK$1.4t | HK$265.6b | HK$67.5b | 8.1x | 21.2x | 5.4x |
| Tue, 09 Nov 2021 | HK$1.4t | HK$263.7b | HK$71.9b | 8.2x | 19.3x | 5.3x |
| Thu, 07 Oct 2021 | HK$1.4t | HK$254.6b | HK$66.4b | 8.7x | 21.8x | 5.7x |
| Sat, 04 Sep 2021 | HK$1.5t | HK$243.0b | HK$70.7b | 10.6x | 20.8x | 6.1x |
| Mon, 02 Aug 2021 | HK$1.4t | HK$243.0b | HK$70.7b | 10.4x | 20.4x | 5.9x |
Price to Earnings Ratio
20.4x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 24.0x.
- The industry is trading close to its 3-year average PS ratio of 5.2x.
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 13% 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 | -3.89% | |
| Financials | -1.46% | |
| Capital Markets | -4.34% | |
| Diversified Capital Markets | -2.76% | |
| Investment Banking and Brokerage | -3.98% | |
| Financial Exchanges and Data | -4.69% | |
| Asset Management | -5.85% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 47.5x.
- Analysts are expecting annual earnings growth of 9.6%, which is higher than its past year's earnings decline of 20.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings decline of 53% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 9.6% 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 | |
|---|---|---|---|---|---|
| 290 GoFintech Innovation | HK$1.05 | 1.0% +HK$63.3m | n/a | PS160.4x | |
| 329 OCI International Holdings | HK$0.77 | 5.5% +HK$60.0m | 37.5% | PS12.9x | |
| 1697 Shandong International Trust | HK$0.34 | 3.1% +HK$46.6m | -10.7% | PE9.1x | |
| 64 Get Nice Holdings | HK$0.15 | 2.8% +HK$38.7m | 1.4% | PE40.2x | |
| 8295 Kingwisoft Technology Group | HK$0.069 | 9.5% +HK$28.7m | 46.8% | PS0.2x |
