JF SmartInvest Holdings Ltd (HKG:9636) Looks Just Right With A 35% Price Jump
May 21
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Hong Kong (HSI) Capital Markets Industry Analysis
UpdatedMay 21, 2025
DataAggregated Company Financials
Companies91
- 7D0.9%
- 3M3.0%
- 1Y36.4%
- YTD16.2%
The Capital Markets industry has been flat over the last week, but GoFintech Quantum Innovation has lost 6.8%. The past year has been better, since the industry has gained 36% in that time. Earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Wed, 21 May 2025 | HK$1.2t | HK$170.9b | HK$39.3b | 24.7x | 30x | 6.9x |
| Fri, 18 Apr 2025 | HK$1.1t | HK$161.9b | HK$34.1b | 20.6x | 31.5x | 6.6x |
| Sun, 16 Mar 2025 | HK$1.2t | HK$162.7b | HK$33.5b | 23.4x | 35.6x | 7.3x |
| Tue, 11 Feb 2025 | HK$1.1t | HK$160.4b | HK$31.9b | 20.5x | 34x | 6.8x |
| Thu, 09 Jan 2025 | HK$963.9b | HK$160.7b | HK$28.7b | 17.1x | 33.6x | 6x |
| Sat, 07 Dec 2024 | HK$1.1t | HK$161.7b | HK$28.7b | 21x | 37.4x | 6.6x |
| Mon, 04 Nov 2024 | HK$1.1t | HK$164.5b | HK$29.3b | 19.8x | 36.2x | 6.4x |
| Wed, 02 Oct 2024 | HK$1.1t | HK$162.5b | HK$28.4b | 18.9x | 39.2x | 6.8x |
| Fri, 30 Aug 2024 | HK$776.2b | HK$162.9b | HK$28.8b | 14.4x | 27x | 4.8x |
| Sun, 28 Jul 2024 | HK$773.1b | HK$160.0b | HK$29.8b | 14.8x | 25.9x | 4.8x |
| Tue, 25 Jun 2024 | HK$850.1b | HK$159.8b | HK$29.3b | 15x | 29x | 5.3x |
| Thu, 23 May 2024 | HK$928.8b | HK$160.1b | HK$29.3b | 10.6x | 31.7x | 5.8x |
| Sat, 20 Apr 2024 | HK$802.8b | HK$168.4b | HK$33.3b | 10.9x | 24.1x | 4.8x |
| Mon, 18 Mar 2024 | HK$868.0b | HK$160.2b | HK$35.0b | 9.5x | 24.8x | 5.4x |
| Wed, 14 Feb 2024 | HK$858.8b | HK$160.6b | HK$35.1b | 9.8x | 24.4x | 5.3x |
| Fri, 12 Jan 2024 | HK$865.8b | HK$163.5b | HK$34.6b | 10.1x | 25x | 5.3x |
| Sun, 10 Dec 2023 | HK$945.7b | HK$163.3b | HK$34.6b | 11x | 27.4x | 5.8x |
| Tue, 07 Nov 2023 | HK$1.0t | HK$174.7b | HK$33.4b | 10.7x | 30x | 5.7x |
| Thu, 05 Oct 2023 | HK$964.7b | HK$167.8b | HK$34.5b | 10.5x | 28x | 5.7x |
| Sat, 02 Sep 2023 | HK$1.0t | HK$171.8b | HK$34.2b | 11.1x | 29.5x | 5.9x |
| Mon, 31 Jul 2023 | HK$1.1t | HK$183.7b | HK$33.4b | 12.1x | 32.1x | 5.8x |
| Wed, 28 Jun 2023 | HK$965.5b | HK$182.5b | HK$35.0b | 13.9x | 27.6x | 5.3x |
| Fri, 26 May 2023 | HK$1.0t | HK$200.1b | HK$37.7b | 13.6x | 27.2x | 5.1x |
| Sun, 23 Apr 2023 | HK$1.1t | HK$200.2b | HK$35.3b | 13.2x | 29.8x | 5.3x |
| Tue, 21 Mar 2023 | HK$1.1t | HK$218.3b | HK$47.2b | 12.5x | 22.3x | 4.8x |
| Thu, 16 Feb 2023 | HK$1.1t | HK$219.8b | HK$45.9b | 12.7x | 23.8x | 5x |
| Sat, 14 Jan 2023 | HK$1.1t | HK$222.2b | HK$46.5b | 14.5x | 24.5x | 5.1x |
| Mon, 12 Dec 2022 | HK$1.1t | HK$215.4b | HK$44.5b | 15.4x | 24.4x | 5x |
| Wed, 09 Nov 2022 | HK$910.1b | HK$210.6b | HK$41.1b | 13.9x | 22.1x | 4.3x |
| Fri, 07 Oct 2022 | HK$911.3b | HK$217.4b | HK$40.4b | 9x | 22.6x | 4.2x |
| Sun, 04 Sep 2022 | HK$1.0t | HK$212.1b | HK$42.0b | 10.5x | 24.9x | 4.9x |
| Tue, 02 Aug 2022 | HK$1.1t | HK$238.6b | HK$57.3b | 9.3x | 19.3x | 4.6x |
| Thu, 30 Jun 2022 | HK$1.2t | HK$239.5b | HK$57.6b | 11.5x | 20.9x | 5x |
| Sat, 28 May 2022 | HK$1.0t | HK$238.9b | HK$59.8b | 8.7x | 17.4x | 4.3x |
Price to Earnings Ratio
17.4x
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 27.7x.
- The 3-year average PS ratio of 5.5x is lower than the industry's current PS ratio of 6.9x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 13% per year over the last three years,
- Revenues have also declined 11% 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 | 2.61% | |
| Financials | 1.71% | |
| Capital Markets | 0.90% | |
| Financial Exchanges and Data | 1.22% | |
| Investment Banking and Brokerage | 0.77% | |
| Diversified Capital Markets | 0.69% | |
| Asset Management | -0.47% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 38.1x.
- Analysts are expecting annual earnings growth of 8.2%, which is higher than its past year's earnings decline of 21.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 31% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 8.2% 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$391.60 | 2.8% +HK$13.4b | 38.0% | PE35x | |
| 863 OSL Group | HK$12.62 | 13.5% +HK$939.5m | 85.6% | PE141.4x | |
| 1476 Hengtai Securities | HK$1.87 | 14.7% +HK$625.1m | -0.5% | PE25.5x | |
| 290 GoFintech Quantum Innovation | HK$1.44 | 2.9% +HK$307.6m | 105.7% | PS229.9x | |
| 245 China Vered Financial Holding | HK$0.065 | 8.3% +HK$185.9m | 1.6% | PE10.8x |
