OCI International Holdings Limited's (HKG:329) Share Price Could Signal Some Risk
Aug 13
Hong Kong (HSI) Capital Markets Industry Analysis
UpdatedAug 13, 2024
DataAggregated Company Financials
Companies97
- 7D0.5%
- 3M-18.9%
- 1Y-30.7%
- YTD-15.9%
Last week, the Capital Markets industry hasn't moved much but Hong Kong Exchanges and Clearing is up 3.2% in that time. Unfortunately though, the industry is down 31% over the past 12 months. As for the next few years, earnings are expected to grow by 17% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 13 Aug 2024 | HK$781.7b | HK$161.2b | HK$30.4b | 15.1x | 25.7x | 4.9x |
| Thu, 11 Jul 2024 | HK$778.5b | HK$159.4b | HK$29.8b | 15.4x | 26.2x | 4.9x |
| Sat, 08 Jun 2024 | HK$871.0b | HK$160.0b | HK$29.3b | 12.3x | 29.7x | 5.4x |
| Mon, 06 May 2024 | HK$897.9b | HK$160.1b | HK$29.3b | 9.9x | 30.6x | 5.6x |
| Wed, 03 Apr 2024 | HK$839.9b | HK$168.3b | HK$33.3b | 10.6x | 25.2x | 5x |
| Fri, 01 Mar 2024 | HK$878.9b | HK$160.7b | HK$35.4b | 9.9x | 24.8x | 5.5x |
| Sun, 28 Jan 2024 | HK$880.6b | HK$163.6b | HK$34.3b | 10.1x | 25.6x | 5.4x |
| Tue, 26 Dec 2023 | HK$916.2b | HK$163.8b | HK$34.7b | 10.4x | 26.4x | 5.6x |
| Thu, 23 Nov 2023 | HK$1.0t | HK$176.5b | HK$33.7b | 11.3x | 30x | 5.7x |
| Sat, 21 Oct 2023 | HK$952.3b | HK$175.3b | HK$34.4b | 10.5x | 27.7x | 5.4x |
| Mon, 18 Sep 2023 | HK$983.9b | HK$166.7b | HK$34.4b | 10.7x | 28.6x | 5.9x |
| Wed, 16 Aug 2023 | HK$1.0t | HK$182.1b | HK$33.3b | 11.1x | 31x | 5.7x |
| Fri, 14 Jul 2023 | HK$992.7b | HK$184.0b | HK$33.4b | 11.6x | 29.7x | 5.4x |
| Sun, 11 Jun 2023 | HK$1.0t | HK$184.5b | HK$35.7b | 14.7x | 28.2x | 5.5x |
| Tue, 09 May 2023 | HK$1.1t | HK$203.8b | HK$38.4b | 13.7x | 28.5x | 5.4x |
| Thu, 06 Apr 2023 | HK$1.1t | HK$200.3b | HK$38.4b | 13.9x | 28.1x | 5.4x |
| Sat, 04 Mar 2023 | HK$1.1t | HK$218.4b | HK$45.8b | 13.2x | 24.1x | 5x |
| Mon, 30 Jan 2023 | HK$1.2t | HK$220.8b | HK$46.2b | 13.9x | 25.4x | 5.3x |
| Wed, 28 Dec 2022 | HK$1.0t | HK$215.8b | HK$45.0b | 14.5x | 23.3x | 4.9x |
| Fri, 25 Nov 2022 | HK$964.6b | HK$210.4b | HK$41.1b | 12.4x | 23.5x | 4.6x |
| Sun, 23 Oct 2022 | HK$882.8b | HK$213.4b | HK$42.8b | 10x | 20.6x | 4.1x |
| Tue, 20 Sep 2022 | HK$971.3b | HK$220.8b | HK$41.1b | 10x | 23.6x | 4.4x |
| Thu, 18 Aug 2022 | HK$1.1t | HK$236.6b | HK$56.0b | 8.5x | 19.8x | 4.7x |
| Sat, 16 Jul 2022 | HK$1.1t | HK$238.3b | HK$57.2b | 9.6x | 19.2x | 4.6x |
| Mon, 13 Jun 2022 | HK$1.1t | HK$239.5b | HK$59.9b | 8.1x | 18.7x | 4.7x |
| Wed, 11 May 2022 | HK$1.0t | HK$239.2b | HK$60.0b | 8.2x | 17.1x | 4.3x |
| Fri, 08 Apr 2022 | HK$1.1t | HK$254.1b | HK$66.8b | 9.3x | 17.2x | 4.5x |
| Sun, 06 Mar 2022 | HK$1.2t | HK$267.0b | HK$67.5b | 6.6x | 17.7x | 4.5x |
| Tue, 01 Feb 2022 | HK$1.3t | HK$265.3b | HK$67.4b | 7.4x | 19.7x | 5x |
| Thu, 30 Dec 2021 | HK$1.4t | HK$265.3b | HK$67.5b | 7.5x | 20.5x | 5.2x |
| Sat, 27 Nov 2021 | HK$1.4t | HK$264.7b | HK$72.5b | 8.1x | 18.8x | 5.1x |
| Mon, 25 Oct 2021 | HK$1.4t | HK$256.2b | HK$66.7b | 8.7x | 21.5x | 5.6x |
| Wed, 22 Sep 2021 | HK$1.5t | HK$245.0b | HK$66.4b | 8.6x | 22.1x | 6x |
| Fri, 20 Aug 2021 | HK$1.4t | HK$243.0b | HK$70.7b | 10x | 19.6x | 5.7x |
Price to Earnings Ratio
19.6x
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 25% 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 | 2.21% | |
| Financials | 2.69% | |
| Capital Markets | 0.50% | |
| Financial Exchanges and Data | 3.04% | |
| Diversified Capital Markets | 0.58% | |
| Asset Management | -0.004% | |
| Investment Banking and Brokerage | -1.20% | |
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 47.1x.
- Analysts are expecting annual earnings growth of 9.4%, 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 53% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 9.4% 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$231.00 | 2.1% +HK$6.1b | -23.4% | PE25.6x | |
| 2799 China CITIC Financial Asset Management | HK$0.38 | 1.4% +HK$401.2m | 1.4% | PE15.7x | |
| 1359 China Cinda Asset Management | HK$0.63 | 1.6% +HK$381.6m | -20.3% | PE5.2x | |
| 863 OSL Group | HK$5.31 | 10.6% +HK$319.4m | 150.5% | PS15.9x | |
| 7836 Aquila Acquisition | HK$8.85 | 16.4% +HK$155.2m | -1.1% | PB71.6x |
