Hong Kong (HSI) Asset Management Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies35
- 7D0.4%
- 3M-12.7%
- 1Y-27.0%
- YTD-33.6%
Over the last 7 days, the Asset Management industry has remained flat, although notably Wealthking Investments declined by 9.6%. Unfortunately though, the industry is down 27% over the past 12 months. Looking forward, earnings are forecast to grow by 35% 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 |
|---|---|---|---|---|---|---|
| Wed, 20 Sep 2023 | HK$51.1b | HK$24.7b | HK$3.8b | 12x | 13.4x | 2.1x |
| Fri, 18 Aug 2023 | HK$48.6b | HK$34.1b | HK$3.0b | 10.1x | 16x | 1.4x |
| Sun, 16 Jul 2023 | HK$50.2b | HK$34.7b | HK$2.7b | 11.6x | 18.5x | 1.4x |
| Tue, 13 Jun 2023 | HK$55.6b | HK$34.2b | HK$3.5b | 10.1x | 16x | 1.6x |
| Thu, 11 May 2023 | HK$59.5b | HK$49.8b | HK$5.6b | 16.8x | 10.6x | 1.2x |
| Sat, 08 Apr 2023 | HK$55.9b | HK$50.3b | HK$5.5b | 14.8x | 10.1x | 1.1x |
| Mon, 06 Mar 2023 | HK$65.6b | HK$58.8b | HK$8.5b | 14.4x | 7.7x | 1.1x |
| Wed, 01 Feb 2023 | HK$69.5b | HK$59.9b | HK$8.8b | 15.2x | 7.9x | 1.2x |
| Fri, 30 Dec 2022 | HK$70.5b | HK$57.9b | HK$8.4b | 15.6x | 8.4x | 1.2x |
| Sun, 27 Nov 2022 | HK$64.5b | HK$56.2b | HK$5.1b | 20.1x | 12.5x | 1.1x |
| Tue, 25 Oct 2022 | HK$56.9b | HK$55.8b | HK$5.1b | 4.1x | 11.1x | 1x |
| Thu, 22 Sep 2022 | HK$61.0b | HK$57.5b | HK$5.4b | 6.8x | 11.3x | 1.1x |
| Sat, 20 Aug 2022 | HK$71.0b | HK$57.5b | HK$9.1b | 6x | 7.8x | 1.2x |
| Mon, 18 Jul 2022 | HK$72.7b | HK$58.2b | HK$9.8b | 7.5x | 7.4x | 1.2x |
| Wed, 15 Jun 2022 | HK$79.4b | HK$58.0b | HK$11.8b | 8.6x | 6.7x | 1.4x |
| Fri, 13 May 2022 | HK$74.1b | HK$58.3b | HK$11.9b | 6.6x | 6.2x | 1.3x |
| Sun, 10 Apr 2022 | HK$78.1b | HK$61.5b | HK$12.7b | 6.7x | 6.2x | 1.3x |
| Tue, 08 Mar 2022 | HK$78.9b | HK$67.3b | HK$11.2b | 6.8x | 7x | 1.2x |
| Thu, 03 Feb 2022 | HK$82.3b | HK$66.7b | HK$11.1b | 7.1x | 7.4x | 1.2x |
| Sat, 01 Jan 2022 | HK$82.4b | HK$66.6b | HK$11.1b | 6.6x | 7.4x | 1.2x |
| Mon, 29 Nov 2021 | HK$75.5b | HK$66.7b | HK$15.7b | 7x | 4.8x | 1.1x |
| Wed, 27 Oct 2021 | HK$77.7b | HK$65.9b | HK$12.8b | 7.5x | 6.1x | 1.2x |
| Fri, 24 Sep 2021 | HK$81.0b | HK$65.2b | HK$12.7b | 7.7x | 6.4x | 1.2x |
| Sun, 22 Aug 2021 | HK$82.7b | HK$65.2b | HK$12.4b | 12.8x | 6.7x | 1.3x |
| Fri, 09 Jul 2021 | HK$87.0b | HK$65.2b | HK$12.4b | 9.4x | 7x | 1.3x |
| Thu, 01 Apr 2021 | HK$92.9b | HK$66.1b | HK$12.2b | 7.7x | 7.6x | 1.4x |
| Sun, 03 Jan 2021 | HK$80.7b | HK$67.8b | HK$11.5b | 10x | 7x | 1.2x |
| Wed, 07 Oct 2020 | HK$78.8b | HK$60.6b | HK$9.6b | 5.7x | 8.2x | 1.3x |
Price to Earnings Ratio
8.2x
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 13.4x which is higher than its 3-year average PE of 8.8x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 26% per year over the last three years,
- Revenues have also declined 26% 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 | 0.63% | |
| Financials | 1.04% | |
| Capital Markets | -2.67% | |
| Asset Management | 0.40% | |
| Investment Banking and Brokerage | -2.10% | |
| Financial Exchanges and Data | -3.58% | |
| Diversified Capital Markets | -6.92% | |
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 | |
|---|---|---|---|---|---|
| 1140 Wealthking Investments | HK$0.36 | 100.0% +HK$1.9b | -19.1% | PE25.9x | |
| 2799 China Huarong Asset Management | HK$0.38 | 2.7% +HK$802.5m | 31.0% | PS1.7x | |
| 1359 China Cinda Asset Management | HK$0.80 | 2.6% +HK$763.3m | -15.8% | PE5.9x | |
| 139 Central Wealth Group Holdings | HK$0.028 | 3.7% +HK$16.8m | 3.7% | PS3.2x | |
| 913 Harbour Digital Asset Capital | HK$0.50 | 8.7% +HK$11.2m | -9.1% | PB0.9x |