Hong Kong (HSI) Capital Markets Industry Analysis
UpdatedAug 27, 2024
DataAggregated Company Financials
Companies97
- 7D-0.6%
- 3M-15.6%
- 1Y-29.2%
- YTD-15.8%
The Capital Markets industry has been flat over the last week, but GoFintech Innovation has lost 19%. As for the longer term, the industry has declined 29% in the last year. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Wed, 28 Aug 2024 | HK$779.7b | HK$162.4b | HK$30.8b | 13.3x | 25.3x | 4.8x |
| 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 |
Price to Earnings Ratio
20.8x
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 24.1x.
- The industry is trading close to its 3-year average PS ratio of 5.1x.
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 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 | 0.49% | |
| Financials | 0.95% | |
| Capital Markets | -0.58% | |
| Financial Exchanges and Data | 1.11% | |
| Asset Management | -1.14% | |
| Investment Banking and Brokerage | -1.68% | |
| Diversified Capital Markets | -2.39% | |
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 46.8x.
- Analysts are expecting annual earnings growth of 9.3%, which is higher than its past year's earnings decline of 48.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 28% 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 9.3% 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$235.60 | 1.6% +HK$4.5b | -23.4% | PE25.5x | |
| 1359 China Cinda Asset Management | HK$0.64 | 1.6% +HK$381.6m | -20.0% | PE5.2x | |
| 1328 Goldstream Investment | HK$0.068 | 19.3% +HK$141.1m | 106.1% | PE18.8x | |
| 1788 Guotai Junan International Holdings | HK$0.62 | 1.6% +HK$95.5m | -3.1% | PE29.4x | |
| 329 OCI International Holdings | HK$0.79 | 3.9% +HK$45.0m | 54.9% | PS13.2x |