Subdued Growth No Barrier To Shandong International Trust Co., Ltd. (HKG:1697) With Shares Advancing 29%
May 24
Hong Kong (HSI) Capital Markets Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies94
- 7D-3.3%
- 3M7.2%
- 1Y-15.2%
- YTD-0.4%
Over the last 7 days, the Capital Markets industry has dropped 3.3%, driven by a pullback from Hong Kong Exchanges and Clearing of 4.4%. Overall the industry is down 15% in 12 months. Looking forward, earnings are forecast to grow by 16% 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, 29 May 2024 | HK$893.5b | HK$160.0b | HK$29.3b | 10.3x | 30.5x | 5.6x |
| Fri, 26 Apr 2024 | HK$837.1b | HK$167.9b | HK$32.8b | 10.9x | 25.5x | 5x |
| Sun, 24 Mar 2024 | HK$867.9b | HK$161.0b | HK$33.2b | 8.8x | 26.1x | 5.4x |
| Tue, 20 Feb 2024 | HK$861.8b | HK$160.5b | HK$35.1b | 9.6x | 24.5x | 5.4x |
| Thu, 18 Jan 2024 | HK$833.2b | HK$163.0b | HK$34.2b | 9.9x | 24.4x | 5.1x |
| Sat, 16 Dec 2023 | HK$958.2b | HK$164.3b | HK$34.8b | 10.7x | 27.6x | 5.8x |
| Mon, 13 Nov 2023 | HK$986.5b | HK$174.1b | HK$33.2b | 10.5x | 29.7x | 5.7x |
| Wed, 11 Oct 2023 | HK$956.0b | HK$175.7b | HK$34.5b | 10.3x | 27.7x | 5.4x |
| Fri, 08 Sep 2023 | HK$995.9b | HK$170.1b | HK$33.7b | 11.1x | 29.6x | 5.9x |
| Sun, 06 Aug 2023 | HK$1.1t | HK$183.7b | HK$33.4b | 12.6x | 32.4x | 5.9x |
| Tue, 04 Jul 2023 | HK$978.2b | HK$182.5b | HK$33.1b | 11.9x | 29.5x | 5.4x |
| Thu, 01 Jun 2023 | HK$999.3b | HK$199.3b | HK$36.8b | 14x | 27.2x | 5x |
| Sat, 29 Apr 2023 | HK$1.1t | HK$201.0b | HK$37.0b | 12.9x | 28.6x | 5.3x |
| Mon, 27 Mar 2023 | HK$1.1t | HK$218.5b | HK$47.3b | 13.2x | 22.9x | 4.9x |
| Wed, 22 Feb 2023 | HK$1.1t | HK$218.6b | HK$45.6b | 13.8x | 24.1x | 5x |
| Fri, 20 Jan 2023 | HK$1.2t | HK$220.8b | HK$46.2b | 14.3x | 25x | 5.2x |
| Sun, 18 Dec 2022 | HK$1.1t | HK$214.9b | HK$44.4b | 14.9x | 23.7x | 4.9x |
| Tue, 15 Nov 2022 | HK$978.9b | HK$212.2b | HK$41.5b | 11.5x | 23.6x | 4.6x |
| Thu, 13 Oct 2022 | HK$896.4b | HK$216.1b | HK$40.1b | 9.1x | 22.4x | 4.1x |
| Sat, 10 Sep 2022 | HK$1.1t | HK$215.3b | HK$42.2b | 10.5x | 24.9x | 4.9x |
| Mon, 08 Aug 2022 | HK$1.1t | HK$238.1b | HK$57.2b | 10.2x | 19.3x | 4.6x |
| Wed, 06 Jul 2022 | HK$1.2t | HK$239.8b | HK$57.6b | 10.3x | 20.4x | 4.9x |
| Fri, 03 Jun 2022 | HK$1.1t | HK$240.5b | HK$60.1b | 7.6x | 17.7x | 4.4x |
| Sun, 01 May 2022 | HK$1.1t | HK$244.5b | HK$61.7b | 8.2x | 17.1x | 4.3x |
| Tue, 29 Mar 2022 | HK$1.2t | HK$294.4b | HK$67.6b | 7.7x | 17.9x | 4.1x |
| Thu, 24 Feb 2022 | HK$1.3t | HK$267.3b | HK$67.8b | 7.1x | 19.3x | 4.9x |
| Sat, 22 Jan 2022 | HK$1.4t | HK$265.7b | HK$67.5b | 7.2x | 21.1x | 5.4x |
| Mon, 20 Dec 2021 | HK$1.4t | HK$265.1b | HK$67.4b | 8.2x | 20.8x | 5.3x |
| Wed, 17 Nov 2021 | HK$1.4t | HK$264.8b | HK$72.2b | 8.3x | 19.4x | 5.3x |
| Fri, 15 Oct 2021 | HK$1.4t | HK$255.0b | HK$66.4b | 8.5x | 21x | 5.5x |
| Sun, 12 Sep 2021 | HK$1.5t | HK$244.7b | HK$66.3b | 10x | 23x | 6.2x |
| Tue, 10 Aug 2021 | HK$1.5t | HK$243.0b | HK$70.7b | 10.8x | 20.6x | 6x |
Price to Earnings Ratio
23.2x
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 30.5x which is higher than its 3-year average PE of 23.6x.
- 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 24% 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 | -0.73% | |
| Financials | -1.69% | |
| Capital Markets | -3.25% | |
| Asset Management | 0.30% | |
| Financial Exchanges and Data | -3.09% | |
| Diversified Capital Markets | -3.53% | |
| Investment Banking and Brokerage | -3.76% | |
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 48.5x.
- Analysts are expecting annual earnings growth of 9.1%, 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 43% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 9.1% 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 | |
|---|---|---|---|---|---|
| 1709 DL Holdings Group | HK$4.32 | 2.9% +HK$174.4m | 60.6% | PS41.3x | |
| 245 China Vered Financial Holding | HK$0.069 | 7.8% +HK$173.6m | 32.7% | PS20.9x | |
| 717 Emperor Capital Group | HK$0.047 | 38.2% +HK$87.6m | -25.4% | PS1.4x | |
| 279 Arta TechFin | HK$0.032 | 10.3% +HK$57.4m | -67.0% | PS2552.4x | |
| 613 Planetree International Development | HK$0.30 | 23.5% +HK$53.9m | -42.3% | PS2.5x |
