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Hong Kong (HSI) Asset Management Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies35
- 7D-3.1%
- 3M70.6%
- 1Y45.6%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 2.8%, driven by a pullback from China CITIC Financial Asset Management of 3.0%. In contrast, Walnut Capital has gained 10%. In the past year, the industry has gained 20%. Earnings are forecast to grow by 41% annually.
Industry Valuation and Performance
Has the Hong Kong Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | HK$204.3b | HK$67.0b | HK$10.0b | 13.8x | 20.4x | 3x |
| Tue, 22 Oct 2024 | HK$68.0b | HK$28.5b | HK$2.2b | 16.6x | 31.6x | 2.4x |
| Thu, 19 Sep 2024 | HK$38.4b | HK$28.6b | HK$2.2b | 11.9x | 17.3x | 1.3x |
| Sat, 17 Aug 2024 | HK$41.3b | HK$30.1b | HK$4.2b | 16.3x | 9.8x | 1.4x |
| Mon, 15 Jul 2024 | HK$42.7b | HK$29.9b | HK$4.2b | 14.3x | 10.3x | 1.4x |
| Wed, 12 Jun 2024 | HK$47.8b | HK$29.8b | HK$4.1b | 18.5x | 11.7x | 1.6x |
| Fri, 10 May 2024 | HK$46.0b | HK$29.9b | HK$4.1b | 8.7x | 11.2x | 1.5x |
| Sun, 07 Apr 2024 | HK$40.5b | HK$30.0b | HK$4.1b | 8.4x | 9.8x | 1.4x |
| Tue, 05 Mar 2024 | HK$49.5b | HK$24.7b | HK$4.9b | 18.3x | 10.1x | 2x |
| Thu, 01 Feb 2024 | HK$50.6b | HK$24.9b | HK$4.7b | 18x | 10.7x | 2x |
| Sat, 30 Dec 2023 | HK$56.9b | HK$24.9b | HK$5.0b | 18.7x | 11.3x | 2.3x |
| Mon, 27 Nov 2023 | HK$53.9b | HK$26.4b | HK$3.8b | 10.4x | 14x | 2x |
| Wed, 25 Oct 2023 | HK$52.0b | HK$33.8b | HK$3.8b | 11.2x | 13.6x | 1.5x |
| Fri, 22 Sep 2023 | HK$50.7b | HK$25.9b | HK$3.8b | 12x | 13.3x | 2x |
| Sun, 20 Aug 2023 | HK$48.1b | HK$34.1b | HK$3.0b | 8.9x | 15.8x | 1.4x |
| Tue, 18 Jul 2023 | HK$50.2b | HK$34.6b | HK$2.7b | 11.6x | 18.6x | 1.5x |
| Thu, 15 Jun 2023 | HK$55.1b | HK$34.1b | HK$3.5b | 9.9x | 15.9x | 1.6x |
| Sat, 13 May 2023 | HK$57.0b | HK$49.7b | HK$5.6b | 19.3x | 10.2x | 1.1x |
| Mon, 10 Apr 2023 | HK$56.0b | HK$50.3b | HK$5.7b | 14.8x | 9.9x | 1.1x |
| Wed, 08 Mar 2023 | HK$65.6b | HK$58.6b | HK$8.5b | 14.6x | 7.7x | 1.1x |
| Fri, 03 Feb 2023 | HK$70.7b | HK$60.3b | HK$8.8b | 15.6x | 8x | 1.2x |
| Sun, 01 Jan 2023 | HK$70.8b | HK$58.6b | HK$8.5b | 16.4x | 8.3x | 1.2x |
| Tue, 29 Nov 2022 | HK$63.9b | HK$56.2b | HK$5.1b | 20.1x | 12.4x | 1.1x |
| Thu, 27 Oct 2022 | HK$54.7b | HK$55.6b | HK$5.1b | 3.6x | 10.8x | 1x |
| Sat, 24 Sep 2022 | HK$61.1b | HK$57.1b | HK$5.3b | 6.4x | 11.5x | 1.1x |
| Mon, 22 Aug 2022 | HK$70.6b | HK$57.2b | HK$9.0b | 6x | 7.8x | 1.2x |
| Wed, 20 Jul 2022 | HK$72.7b | HK$58.2b | HK$9.8b | 7.5x | 7.4x | 1.2x |
| Fri, 17 Jun 2022 | HK$78.9b | HK$58.4b | HK$11.9b | 8.3x | 6.6x | 1.4x |
| Sun, 15 May 2022 | HK$73.2b | HK$57.8b | HK$11.8b | 5x | 6.2x | 1.3x |
| Tue, 12 Apr 2022 | HK$77.6b | HK$61.5b | HK$12.7b | 6.9x | 6.1x | 1.3x |
| Thu, 10 Mar 2022 | HK$77.3b | HK$67.3b | HK$11.2b | 7.1x | 6.9x | 1.1x |
| Sat, 05 Feb 2022 | HK$83.5b | HK$66.7b | HK$11.1b | 7.3x | 7.5x | 1.3x |
| Mon, 03 Jan 2022 | HK$82.4b | HK$66.8b | HK$11.1b | 6.6x | 7.4x | 1.2x |
| Wed, 01 Dec 2021 | HK$75.6b | HK$66.4b | HK$11.0b | 7.5x | 6.9x | 1.1x |
Price to Earnings Ratio
6.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 28.6x which is higher than its 3-year average PE of 11.6x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 42% per year over the last three years,
- Revenues have also declined 25% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Asset Management compare with similar industries?
| HK Market | -0.64% | |
| Financials | -0.71% | |
| Capital Markets | -3.20% | |
| Asset Management | -3.08% | |
| Investment Banking and Brokerage | -2.00% | |
| Diversified Capital Markets | -4.14% | |
| Financial Exchanges and Data | -4.56% | |
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 | |
|---|---|---|---|---|---|
| 905 Walnut Capital | HK$0.24 | 10.4% +HK$24.2m | 110.3% | PS1534.9x | |
| 7855 TechStar Acquisition | HK$9.60 | 0.5% +HK$6.3m | 15.7% | PS92381.5x | |
| 768 UBA Investments | HK$0.035 | 9.4% +HK$3.8m | 84.2% | PS8.9x | |
| 612 Ding Yi Feng Holdings Group International | HK$0.13 | 1.6% +HK$3.1m | -89.8% | PB0.3x | |
| 8313 ZACD Group | HK$0.028 | 3.7% +HK$2.0m | -15.2% | PS1.4x |