Why Investors Shouldn't Be Surprised By Austar Lifesciences Limited's (HKG:6118) Low P/S
Jan 08
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Hong Kong (HSI) Life Sciences Industry Analysis
UpdatedJan 10, 2026
DataAggregated Company Financials
Companies11
- 7D15.4%
- 3M-2.4%
- 1Y113.2%
- YTD15.2%
The Life Sciences industry is up 15% in the last week, with WuXi Biologics (Cayman) up 14%. This takes the industry's 12 month performance to a gain of 106%. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Hong Kong Life Sciences Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 10 Jan 2026 | HK$344.7b | HK$42.6b | HK$6.3b | 46.4x | 54.3x | 8.1x |
| Mon, 08 Dec 2025 | HK$310.0b | HK$42.1b | HK$6.3b | 45.4x | 49.5x | 7.4x |
| Wed, 05 Nov 2025 | HK$329.5b | HK$41.8b | HK$6.2b | 47.8x | 53.1x | 7.9x |
| Fri, 03 Oct 2025 | HK$396.3b | HK$41.9b | HK$6.2b | 52.6x | 63.8x | 9.5x |
| Sun, 31 Aug 2025 | HK$303.7b | HK$41.9b | HK$6.0b | 57.2x | 50.6x | 7.3x |
| Tue, 29 Jul 2025 | HK$285.7b | HK$37.2b | HK$2.7b | 60.5x | 104.2x | 7.7x |
| Thu, 26 Jun 2025 | HK$218.5b | HK$36.3b | HK$2.6b | 28.5x | 83.6x | 6x |
| Sat, 24 May 2025 | HK$194.9b | HK$36.2b | HK$2.6b | 26.5x | 74.9x | 5.4x |
| Mon, 21 Apr 2025 | HK$169.6b | HK$35.4b | HK$2.5b | 24x | 67.1x | 4.8x |
| Wed, 19 Mar 2025 | HK$228.4b | HK$32.7b | -HK$202,460,494.17 | 49.1x | -1128x | 7x |
| Fri, 14 Feb 2025 | HK$171.6b | HK$35.8b | -HK$1,060,919,669.78 | 52.7x | -161.7x | 4.8x |
| Sun, 12 Jan 2025 | HK$151.3b | HK$35.6b | -HK$1,062,130,458.29 | 62.6x | -142.5x | 4.2x |
| Tue, 10 Dec 2024 | HK$165.1b | HK$35.8b | -HK$1,057,872,578.99 | 59.3x | -156.1x | 4.6x |
| Thu, 07 Nov 2024 | HK$156.8b | HK$35.5b | -HK$665,828,377.13 | 40.1x | -235.5x | 4.4x |
| Sat, 05 Oct 2024 | HK$195.3b | HK$35.9b | -HK$652,704,448.85 | 44.4x | -299.2x | 5.4x |
| Mon, 02 Sep 2024 | HK$127.6b | HK$35.9b | -HK$659,504,477.72 | 25.6x | -193.4x | 3.6x |
| Wed, 31 Jul 2024 | HK$90.2b | HK$33.5b | HK$3.1b | 17x | 29.2x | 2.7x |
| Fri, 28 Jun 2024 | HK$90.2b | HK$33.4b | HK$3.1b | 19.6x | 29.4x | 2.7x |
| Sun, 26 May 2024 | HK$96.4b | HK$33.5b | HK$3.1b | 29.5x | 31.2x | 2.9x |
| Tue, 23 Apr 2024 | HK$99.4b | HK$33.6b | HK$3.1b | 31.3x | 32.1x | 3x |
| Thu, 21 Mar 2024 | HK$116.5b | HK$33.3b | HK$3.7b | 49.9x | 31.7x | 3.5x |
| Sat, 17 Feb 2024 | HK$125.1b | HK$32.5b | HK$3.0b | 46.9x | 41.4x | 3.8x |
| Mon, 15 Jan 2024 | HK$206.0b | HK$32.4b | HK$3.0b | 85.9x | 68.8x | 6.4x |
| Wed, 13 Dec 2023 | HK$205.8b | HK$32.3b | HK$3.0b | 82.5x | 69x | 6.4x |
| Fri, 10 Nov 2023 | HK$272.7b | HK$30.1b | HK$2.7b | 48.2x | 101.9x | 9.1x |
| Sun, 08 Oct 2023 | HK$236.4b | HK$30.2b | HK$2.7b | 41.7x | 88.3x | 7.8x |
| Tue, 05 Sep 2023 | HK$239.0b | HK$30.3b | HK$2.7b | 42.7x | 88.7x | 7.9x |
| Thu, 03 Aug 2023 | HK$236.3b | HK$28.4b | HK$2.7b | 22.7x | 86.5x | 8.3x |
| Sat, 01 Jul 2023 | HK$204.3b | HK$28.3b | HK$2.7b | 20.2x | 75.9x | 7.2x |
| Mon, 29 May 2023 | HK$229.1b | HK$28.9b | HK$2.8b | 22.6x | 81.4x | 7.9x |
| Wed, 26 Apr 2023 | HK$246.9b | HK$29.4b | HK$2.9b | 24.7x | 84.7x | 8.4x |
| Fri, 24 Mar 2023 | HK$264.1b | HK$26.6b | HK$2.1b | 23.6x | 125.3x | 9.9x |
| Sun, 19 Feb 2023 | HK$296.3b | HK$26.4b | HK$2.1b | 25.2x | 143x | 11.2x |
| Tue, 17 Jan 2023 | HK$383.1b | HK$26.7b | HK$2.2b | 31.8x | 176.9x | 14.3x |
Price to Earnings Ratio
176.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Life Sciences industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 52.5x which is higher than its 3-year average PE of 15.2x.
- The 3-year average PS ratio of 6.4x is lower than the industry's current PS ratio of 7.8x.
Past Earnings Growth
- The earnings for companies in the Life Sciences industry have grown 43% 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 Healthcare industry?
| HK Market | -0.093% | |
| Healthcare | 9.85% | |
| Life Sciences | 15.41% | |
| Clinical Research and Equipment | 15.41% | |
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 | |
|---|---|---|---|---|---|
| 2269 WuXi Biologics (Cayman) | HK$37.06 | 13.9% +HK$18.7b | 115.5% | PE32.7x | |
| 2268 WuXi XDC Cayman | HK$70.90 | 15.6% +HK$12.0b | 114.8% | PE60.1x | |
| 2228 XtalPi Holdings | HK$12.54 | 25.5% +HK$11.0b | 191.0% | PS71x | |
| 1548 Genscript Biotech | HK$14.33 | 12.0% +HK$3.4b | 59.8% | PE878x | |
| 1873 Viva Biotech Holdings | HK$1.94 | 10.2% +HK$379.9m | 142.5% | PE21.3x |
