Earnings Working Against China Development Bank Financial Leasing Co., Ltd.'s (HKG:1606) Share Price Following 40% Dive
Jun 28
Hong Kong (HSI) Diversified Financial Industry Analysis
UpdatedJul 04, 2024
DataAggregated Company Financials
Companies30
- 7D-7.5%
- 3M-9.7%
- 1Y-7.6%
- YTD-6.0%
Over the last 7 days, the Diversified Financial industry has dropped 8.5%, driven by China Development Bank Financial Leasing declining 34%. On the other hand Genertec Universal Medical Group is actually up 5.1%. The industry has fallen 10% in the last year. Looking forward, earnings are forecast to grow by 20% 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 |
|---|---|---|---|---|---|---|
| Thu, 04 Jul 2024 | HK$131.6b | HK$98.0b | HK$17.5b | 15.6x | 7.5x | 1.3x |
| Sat, 01 Jun 2024 | HK$145.9b | HK$98.0b | HK$17.7b | 12.8x | 8.2x | 1.5x |
| Mon, 29 Apr 2024 | HK$147.3b | HK$98.1b | HK$17.5b | 8.2x | 8.4x | 1.5x |
| Wed, 27 Mar 2024 | HK$130.0b | HK$95.4b | HK$16.3b | 4.6x | 8x | 1.4x |
| Fri, 23 Feb 2024 | HK$135.3b | HK$94.2b | HK$16.7b | 4.9x | 8.1x | 1.4x |
| Sun, 21 Jan 2024 | HK$121.2b | HK$94.9b | HK$16.8b | 4.8x | 7.2x | 1.3x |
| Tue, 19 Dec 2023 | HK$129.6b | HK$94.2b | HK$16.8b | 4.3x | 7.7x | 1.4x |
| Thu, 16 Nov 2023 | HK$123.0b | HK$93.7b | HK$16.7b | 4.2x | 7.4x | 1.3x |
| Sat, 14 Oct 2023 | HK$117.7b | HK$93.2b | HK$16.6b | 4.5x | 7.1x | 1.3x |
| Mon, 11 Sep 2023 | HK$112.3b | HK$92.9b | HK$16.5b | 4.6x | 6.8x | 1.2x |
| Wed, 09 Aug 2023 | HK$127.3b | HK$89.1b | HK$15.9b | 5.5x | 8x | 1.4x |
| Fri, 07 Jul 2023 | HK$126.5b | HK$88.9b | HK$15.9b | 4.5x | 8x | 1.4x |
| Sun, 04 Jun 2023 | HK$128.2b | HK$90.4b | HK$16.3b | 4.7x | 7.9x | 1.4x |
| Tue, 02 May 2023 | HK$132.9b | HK$92.3b | HK$16.7b | 4.7x | 8x | 1.4x |
| Thu, 30 Mar 2023 | HK$133.9b | HK$87.7b | HK$16.8b | 5.1x | 8x | 1.5x |
| Sat, 25 Feb 2023 | HK$140.4b | HK$77.0b | HK$16.2b | 5.8x | 8.7x | 1.8x |
| Mon, 23 Jan 2023 | HK$143.7b | HK$78.5b | HK$16.7b | 6.2x | 8.6x | 1.8x |
| Wed, 21 Dec 2022 | HK$116.5b | HK$76.1b | HK$16.1b | 5.3x | 7.2x | 1.5x |
| Fri, 18 Nov 2022 | HK$104.0b | HK$74.3b | HK$15.9b | 6.6x | 6.6x | 1.4x |
| Sun, 16 Oct 2022 | HK$93.6b | HK$73.1b | HK$15.7b | 6.4x | 6x | 1.3x |
| Tue, 13 Sep 2022 | HK$100.5b | HK$75.7b | HK$16.2b | 7.7x | 6.2x | 1.3x |
| Thu, 11 Aug 2022 | HK$102.3b | HK$72.9b | HK$17.1b | 8.3x | 6x | 1.4x |
| Sat, 09 Jul 2022 | HK$105.2b | HK$73.7b | HK$17.1b | 8.1x | 6.2x | 1.4x |
| Mon, 06 Jun 2022 | HK$110.6b | HK$73.9b | HK$17.2b | 7.9x | 6.4x | 1.5x |
| Wed, 04 May 2022 | HK$108.3b | HK$74.4b | HK$17.2b | 7.2x | 6.3x | 1.5x |
| Fri, 01 Apr 2022 | HK$97.3b | HK$67.9b | HK$15.6b | 8x | 6.3x | 1.4x |
| Sun, 27 Feb 2022 | HK$97.6b | HK$61.6b | HK$15.1b | 5.5x | 6.5x | 1.6x |
| Tue, 25 Jan 2022 | HK$97.3b | HK$61.2b | HK$15.0b | 6x | 6.5x | 1.6x |
| Thu, 23 Dec 2021 | HK$97.4b | HK$61.0b | HK$15.0b | 5.2x | 6.5x | 1.6x |
| Sat, 20 Nov 2021 | HK$95.4b | HK$60.9b | HK$15.1b | 9x | 6.3x | 1.6x |
| Mon, 18 Oct 2021 | HK$99.3b | HK$62.2b | HK$14.9b | 6.6x | 6.6x | 1.6x |
| Wed, 15 Sep 2021 | HK$106.4b | HK$61.8b | HK$14.9b | 7x | 7.2x | 1.7x |
| Fri, 13 Aug 2021 | HK$106.0b | HK$61.9b | HK$14.8b | 9.2x | 7.2x | 1.7x |
Price to Earnings Ratio
7x
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 7.2x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have grown 5.9% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Financials industry?
| HK Market | 0.03% | |
| Financials | -0.30% | |
| Diversified Financial | -7.53% | |
| Multi-Sector Holdings | 0% | |
| Transaction and Payment Processing Services | -0.80% | |
| Other Diversified Financial Services | -2.20% | |
| Specialized Finance | -11.40% | |
Industry PE
- Investors are most optimistic about the Other Diversified Financial Services industry which is trading above its 3-year average PE ratio of 111x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 74% over the next 5 years.
- This is better than its past earnings decline of 42% per year.
- In contrast, the Specialized Finance industry is expected to see its earnings grow by 7.3% 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 | |
|---|---|---|---|---|---|
| 2666 Genertec Universal Medical Group | HK$4.44 | 5.0% +HK$397.2m | 7.2% | PE3.9x | |
| 6069 SY Holdings Group | HK$4.66 | 5.0% +HK$217.4m | -9.7% | PE16x | |
| 9923 Yeahka | HK$10.26 | 2.8% +HK$119.9m | -41.8% | PE351.9x | |
| 3903 Hanhua Financial Holding | HK$0.28 | 1.8% +HK$23.0m | -17.6% | PE37.6x | |
| 508 Dingyi Group Investment | HK$0.54 | 5.9% +HK$22.1m | -18.2% | PE9.9x |