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Hong Kong (HSI) Diversified Financial Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies28
- 7D-1.7%
- 3M3.5%
- 1Y-2.8%
- YTD-4.2%
Over the last 7 days, the Diversified Financial industry has dropped 1.7%, driven by China Development Bank Financial Leasing declining 4.0%. On the other hand Hanhua Financial Holding is actually up 12%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Hong Kong Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | HK$82.2b | HK$74.6b | HK$12.4b | 8.7x | 6.6x | 1.1x |
| Tue, 22 Oct 2024 | HK$121.5b | HK$81.6b | HK$12.4b | 8.8x | 9.8x | 1.5x |
| Thu, 19 Sep 2024 | HK$114.8b | HK$81.8b | HK$12.5b | 10.4x | 9.2x | 1.4x |
| Sat, 17 Aug 2024 | HK$133.6b | HK$98.9b | HK$16.6b | 11.5x | 8x | 1.4x |
| Mon, 15 Jul 2024 | HK$131.6b | HK$98.3b | HK$17.5b | 16.9x | 7.5x | 1.3x |
| Wed, 12 Jun 2024 | HK$139.6b | HK$97.7b | HK$17.7b | 14.5x | 7.9x | 1.4x |
| Fri, 10 May 2024 | HK$154.3b | HK$98.0b | HK$17.8b | 8.2x | 8.7x | 1.6x |
| Sun, 07 Apr 2024 | HK$142.9b | HK$98.3b | HK$17.5b | 6x | 8.2x | 1.5x |
| Tue, 05 Mar 2024 | HK$131.7b | HK$94.2b | HK$16.6b | 5.1x | 7.9x | 1.4x |
| Thu, 01 Feb 2024 | HK$123.0b | HK$95.2b | HK$16.8b | 4.8x | 7.3x | 1.3x |
| Sat, 30 Dec 2023 | HK$127.2b | HK$94.7b | HK$16.8b | 4.7x | 7.6x | 1.3x |
| Mon, 27 Nov 2023 | HK$124.2b | HK$94.7b | HK$16.6b | 4.4x | 7.5x | 1.3x |
| Wed, 25 Oct 2023 | HK$114.8b | HK$93.1b | HK$16.6b | 4.3x | 6.9x | 1.2x |
| Fri, 22 Sep 2023 | HK$115.7b | HK$93.2b | HK$16.6b | 4.5x | 7x | 1.2x |
| Sun, 20 Aug 2023 | HK$119.8b | HK$89.4b | HK$16.2b | 5.4x | 7.4x | 1.3x |
| Tue, 18 Jul 2023 | HK$125.9b | HK$89.7b | HK$16.0b | 4.9x | 7.8x | 1.4x |
| Thu, 15 Jun 2023 | HK$130.9b | HK$89.5b | HK$16.1b | 4.6x | 8.1x | 1.5x |
| Sat, 13 May 2023 | HK$132.8b | HK$91.8b | HK$16.6b | 4.8x | 8x | 1.4x |
| Mon, 10 Apr 2023 | HK$131.3b | HK$92.0b | HK$16.8b | 4.8x | 7.8x | 1.4x |
| Wed, 08 Mar 2023 | HK$144.4b | HK$77.3b | HK$16.5b | 5.8x | 8.7x | 1.9x |
| Fri, 03 Feb 2023 | HK$142.2b | HK$79.3b | HK$16.7b | 6.2x | 8.5x | 1.8x |
| Sun, 01 Jan 2023 | HK$126.3b | HK$77.1b | HK$16.3b | 5.5x | 7.7x | 1.6x |
| Tue, 29 Nov 2022 | HK$105.2b | HK$73.4b | HK$15.7b | 6x | 6.7x | 1.4x |
| Thu, 27 Oct 2022 | HK$91.8b | HK$72.4b | HK$15.5b | 7.8x | 5.9x | 1.3x |
| Sat, 24 Sep 2022 | HK$98.8b | HK$74.2b | HK$15.9b | 6.9x | 6.2x | 1.3x |
| Mon, 22 Aug 2022 | HK$102.7b | HK$72.3b | HK$16.9b | 9.2x | 6.1x | 1.4x |
| Wed, 20 Jul 2022 | HK$101.8b | HK$73.1b | HK$16.9b | 8.2x | 6x | 1.4x |
| Fri, 17 Jun 2022 | HK$106.0b | HK$73.4b | HK$17.1b | 8.3x | 6.2x | 1.4x |
| Sun, 15 May 2022 | HK$102.7b | HK$72.6b | HK$16.8b | 7.8x | 6.1x | 1.4x |
| Tue, 12 Apr 2022 | HK$108.4b | HK$79.3b | HK$17.8b | 6.1x | 6.1x | 1.4x |
| Thu, 10 Mar 2022 | HK$92.7b | HK$61.6b | HK$15.1b | 5.2x | 6.1x | 1.5x |
| Sat, 05 Feb 2022 | HK$97.0b | HK$61.1b | HK$15.0b | 5.8x | 6.5x | 1.6x |
| Mon, 03 Jan 2022 | HK$100.1b | HK$61.2b | HK$15.0b | 5.4x | 6.7x | 1.6x |
| Wed, 01 Dec 2021 | HK$95.9b | HK$60.9b | HK$15.0b | 5.8x | 6.4x | 1.6x |
Price to Earnings Ratio
6.4x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Diversified Financial 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 7.4x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have declined 6.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Hong Kong Financials industry?
| HK Market | -0.64% | |
| Financials | -0.71% | |
| Diversified Financial | -1.71% | |
| Other Diversified Financial Services | 0.84% | |
| Multi-Sector Holdings | 0% | |
| Specialized Finance | -1.40% | |
| Transaction and Payment Processing Services | -3.06% | |
Industry PE
- Investors are most optimistic about the Specialized Finance industry, which is trading close to its 3-year average PE ratio of 5.0x.
- Analysts are expecting annual earnings growth of 10.7%, which is higher than its past year's earnings growth of 1.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 79% over the next 5 years.
- This is better than its past earnings decline of 82% per year.
- In contrast, the Specialized Finance industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 3903 Hanhua Financial Holding | HK$0.20 | 12.0% +HK$96.6m | -40.6% | PE19.8x | |
| 1051 G-Resources Group | HK$2.99 | 2.7% +HK$36.1m | 59.9% | PE3.3x | |
| 1039 Changyou Alliance Group | HK$0.098 | 3.2% +HK$5.4m | -30.0% | PS0.9x | |
| 8163 NOIZ Group | HK$0.08 | 2.6% +HK$1.2m | -50.0% | PS2.2x |
