China Art Financial Holdings Limited (HKG:1572) Stock Rockets 73% As Investors Are Less Pessimistic Than Expected
Oct 06
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Hong Kong (HSI) Consumer Finance Industry Analysis
UpdatedOct 21, 2024
DataAggregated Company Financials
Companies26
- 7D-2.0%
- 3M8.7%
- 1Y4.5%
- YTD6.6%
Over the last 7 days, the Consumer Finance industry has dropped 2.0%, driven by a pullback from Upbest Group of 16%. On the other hand China Financial Services Holdings is actually up 47%. This takes the industry's 12 month performance to a gain of 4.5%. As for the next few years, earnings are expected to grow by 40% per annum.
Industry Valuation and Performance
Has the Hong Kong Consumer Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 21 Oct 2024 | HK$28.8b | HK$22.8b | HK$788.5m | 7.2x | 36.6x | 1.3x |
| Wed, 18 Sep 2024 | HK$26.5b | HK$22.8b | HK$800.6m | 6.2x | 33.1x | 1.2x |
| Fri, 16 Aug 2024 | HK$28.1b | HK$21.8b | HK$427.9m | 11.8x | 65.6x | 1.3x |
| Sun, 14 Jul 2024 | HK$27.8b | HK$21.7b | HK$412.6m | 10.8x | 67.4x | 1.3x |
| Tue, 11 Jun 2024 | HK$28.3b | HK$23.6b | HK$79.7m | 11.8x | 355.3x | 1.2x |
| Thu, 09 May 2024 | HK$27.7b | HK$23.6b | HK$87.8m | 11.2x | 315.2x | 1.2x |
| Sat, 06 Apr 2024 | HK$28.4b | HK$26.5b | -HK$567,132,107.63 | 10.5x | -50.1x | 1.1x |
| Mon, 04 Mar 2024 | HK$28.2b | HK$26.8b | -HK$1,469,580,554.95 | 9.9x | -19.2x | 1.1x |
| Wed, 31 Jan 2024 | HK$26.8b | HK$26.0b | -HK$1,519,891,829.00 | 8.8x | -17.7x | 1x |
| Fri, 29 Dec 2023 | HK$28.2b | HK$26.0b | -HK$1,537,319,212.00 | 10x | -18.3x | 1.1x |
| Sun, 26 Nov 2023 | HK$27.6b | HK$25.7b | -HK$1,529,402,032.00 | 7.8x | -18.1x | 1.1x |
| Tue, 24 Oct 2023 | HK$28.1b | HK$25.5b | -HK$1,536,723,166.00 | 6.7x | -18.3x | 1.1x |
| Thu, 21 Sep 2023 | HK$29.0b | HK$25.5b | -HK$1,534,968,532.00 | 7x | -18.9x | 1.1x |
| Sat, 19 Aug 2023 | HK$29.1b | HK$24.6b | -HK$1,809,864,545.00 | 6.9x | -16.1x | 1.2x |
| Mon, 17 Jul 2023 | HK$30.3b | HK$24.3b | -HK$2,105,854,750.00 | 6.1x | -14.4x | 1.2x |
| Wed, 14 Jun 2023 | HK$30.6b | HK$24.2b | -HK$2,215,321,168.00 | 10.2x | -13.8x | 1.3x |
| Fri, 12 May 2023 | HK$31.8b | HK$24.5b | -HK$2,220,991,168.00 | 10.2x | -14.3x | 1.3x |
| Sun, 09 Apr 2023 | HK$34.1b | HK$24.6b | -HK$2,203,872,667.00 | 12.1x | -15.5x | 1.4x |
| Tue, 07 Mar 2023 | HK$35.9b | HK$24.1b | HK$5.2b | 8.6x | 6.9x | 1.5x |
| Thu, 02 Feb 2023 | HK$36.6b | HK$22.9b | HK$5.4b | 9x | 6.8x | 1.6x |
| Sat, 31 Dec 2022 | HK$42.4b | HK$22.5b | HK$5.3b | 10.1x | 8x | 1.9x |
| Mon, 28 Nov 2022 | HK$39.4b | HK$22.0b | HK$5.2b | 7.9x | 7.5x | 1.8x |
| Wed, 26 Oct 2022 | HK$38.5b | HK$21.9b | HK$5.2b | 6.2x | 7.5x | 1.8x |
| Fri, 23 Sep 2022 | HK$44.7b | HK$22.1b | HK$5.2b | 6.5x | 8.6x | 2x |
| Sun, 21 Aug 2022 | HK$48.9b | HK$22.4b | HK$8.2b | 7.9x | 6x | 2.2x |
| Tue, 19 Jul 2022 | HK$50.2b | HK$22.4b | HK$11.3b | 8.1x | 4.4x | 2.2x |
| Thu, 16 Jun 2022 | HK$50.3b | HK$22.3b | HK$11.6b | 8.1x | 4.3x | 2.3x |
| Sat, 14 May 2022 | HK$49.2b | HK$22.0b | HK$11.7b | 9.7x | 4.2x | 2.2x |
| Mon, 11 Apr 2022 | HK$51.3b | HK$22.9b | HK$11.8b | 10.4x | 4.3x | 2.2x |
| Wed, 09 Mar 2022 | HK$57.8b | HK$25.6b | HK$12.8b | 6.1x | 4.5x | 2.3x |
| Fri, 04 Feb 2022 | HK$62.8b | HK$25.5b | HK$12.7b | 6.5x | 4.9x | 2.5x |
| Sun, 02 Jan 2022 | HK$63.7b | HK$25.5b | HK$12.7b | 6.6x | 5x | 2.5x |
| Tue, 30 Nov 2021 | HK$57.6b | HK$25.6b | HK$12.8b | 6.3x | 4.5x | 2.3x |
| Thu, 28 Oct 2021 | HK$62.0b | HK$25.4b | HK$12.4b | 6.3x | 5x | 2.4x |
Price to Earnings Ratio
5x
Current Industry PE
- Investors are optimistic on the Hong Kong Consumer Finance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.6x which is higher than its 3-year average PE of 24.2x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Consumer Finance industry have declined 60% per year over the last three years,
- Revenues have also declined 3.6% 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 | -1.01% | |
| Financials | 1.69% | |
| Consumer Finance | -2.02% | |
| Consumer Finance | -2.02% | |
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 | |
|---|---|---|---|---|---|
| 605 China Financial Services Holdings | HK$1.90 | 47.3% +HK$123.4m | 566.7% | PS3.2x | |
| 1915 Yangzhou Guangling District Taihe Rural Micro-finance | HK$0.59 | 37.2% +HK$96.0m | -15.7% | PS6.2x | |
| 900 AEON Credit Service (Asia) | HK$6.01 | 1.9% +HK$46.1m | 11.3% | PE6.8x | |
| 8019 Hao Wen Holdings | HK$0.82 | 13.9% +HK$35.6m | 285.0% | PS21.8x | |
| 8030 Fengyinhe Holdings | HK$0.45 | 12.5% +HK$17.0m | 0% | PE4.6x |
