Hong Kong (HSI) Industrials Sector Analysis

Sector Valuation and Performance

Has the Hong Kong Industrials Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 14 Jun 2026	HK$5.0t	HK$7.9t	HK$321.3b	11.3x	15.5x	0.6x
Tue, 12 May 2026	HK$5.4t	HK$7.9t	HK$320.1b	12.4x	17x	0.7x
Thu, 09 Apr 2026	HK$5.0t	HK$7.8t	HK$319.8b	11.7x	15.7x	0.6x
Sat, 07 Mar 2026	HK$5.1t	HK$7.9t	HK$364.1b	11.8x	14.1x	0.6x
Mon, 02 Feb 2026	HK$4.9t	HK$7.9t	HK$357.5b	11.8x	13.7x	0.6x
Wed, 31 Dec 2025	HK$4.6t	HK$7.8t	HK$354.9b	11.2x	12.9x	0.6x
Fri, 28 Nov 2025	HK$4.5t	HK$7.7t	HK$349.8b	11.1x	12.7x	0.6x
Sun, 26 Oct 2025	HK$4.4t	HK$7.6t	HK$355.3b	11x	12.5x	0.6x
Tue, 23 Sep 2025	HK$4.5t	HK$7.8t	HK$354.0b	10.7x	12.6x	0.6x
Thu, 21 Aug 2025	HK$4.5t	HK$7.8t	HK$356.8b	11x	12.7x	0.6x
Sat, 19 Jul 2025	HK$4.3t	HK$7.8t	HK$366.1b	10x	11.9x	0.6x
Mon, 16 Jun 2025	HK$4.2t	HK$7.8t	HK$365.2b	10x	11.6x	0.5x
Wed, 14 May 2025	HK$4.1t	HK$7.8t	HK$362.1b	10.1x	11.2x	0.5x
Fri, 11 Apr 2025	HK$3.7t	HK$7.6t	HK$354.7b	9x	10.4x	0.5x
Sun, 09 Mar 2025	HK$4.0t	HK$7.6t	HK$383.1b	9.1x	10.5x	0.5x
Tue, 04 Feb 2025	HK$3.8t	HK$7.6t	HK$374.1b	8.6x	10.2x	0.5x
Thu, 02 Jan 2025	HK$4.0t	HK$7.6t	HK$371.5b	8.8x	10.7x	0.5x
Sat, 30 Nov 2024	HK$3.9t	HK$7.6t	HK$374.7b	8.2x	10.3x	0.5x
Mon, 28 Oct 2024	HK$4.0t	HK$7.7t	HK$358.8b	8.7x	11x	0.5x
Wed, 25 Sep 2024	HK$3.6t	HK$7.8t	HK$361.3b	8.2x	10.1x	0.5x
Fri, 23 Aug 2024	HK$3.6t	HK$7.7t	HK$371.3b	8.2x	9.8x	0.5x
Sun, 21 Jul 2024	HK$3.5t	HK$7.4t	HK$327.1b	8.4x	10.7x	0.5x
Tue, 18 Jun 2024	HK$3.7t	HK$7.4t	HK$328.1b	8.7x	11.2x	0.5x
Thu, 16 May 2024	HK$3.8t	HK$7.4t	HK$331.2b	8.6x	11.5x	0.5x
Sat, 13 Apr 2024	HK$3.5t	HK$7.4t	HK$329.6b	8.1x	10.6x	0.5x
Mon, 11 Mar 2024	HK$3.4t	HK$7.3t	HK$347.4b	7.9x	9.9x	0.5x
Wed, 07 Feb 2024	HK$3.3t	HK$7.3t	HK$354.4b	7.5x	9.2x	0.4x
Fri, 05 Jan 2024	HK$3.4t	HK$7.4t	HK$353.4b	8.2x	9.5x	0.5x
Sun, 03 Dec 2023	HK$3.2t	HK$7.4t	HK$355.7b	8.2x	9x	0.4x
Tue, 31 Oct 2023	HK$3.2t	HK$7.3t	HK$375.5b	8.2x	8.5x	0.4x
Thu, 28 Sep 2023	HK$3.3t	HK$7.2t	HK$350.8b	8.1x	9.3x	0.5x
Sat, 26 Aug 2023	HK$3.3t	HK$7.2t	HK$371.8b	8.9x	9x	0.5x
Mon, 24 Jul 2023	HK$3.6t	HK$7.2t	HK$414.6b	8.8x	8.7x	0.5x
Wed, 21 Jun 2023	HK$3.6t	HK$7.2t	HK$413.5b	9.5x	8.8x	0.5x

Current Industry PE

Investors are optimistic on the Hong Kong Industrials industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 15.5x which is higher than its 3-year average PE of 11.2x.

The industry is trading close to its 3-year average PS ratio of 0.52x.

Past Earnings Growth

The earnings for companies in the Industrials industry have declined 8.1% per year over the last three years.
Meanwhile revenues for these companies have grown 3.2% 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 Industrials sector?


HK Market	0.19%
Industrials	-2.90%
Aerospace & Defense	3.54%
Transportation	0.41%
Commercial Services	0.09%
Trade Distributors	-0.25%
Infrastructure	-0.84%
Industrials	-1.13%
Construction	-1.67%
Logistics	-3.02%
Machinery	-3.03%
Building	-3.40%
Airlines	-3.63%
Professional Services	-4.46%
Marine and Shipping	-5.23%
Electrical	-9.35%

Industry PE

Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio.

Analysts are expecting annual earnings growth of 18.1%, which is lower than the prior year's growth of 27.7% per year.

Forecasted Growth

Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 46% over the next 5 years.
This is better than its past earnings growth rate of 13% per year.

In contrast, the Marine and Shipping industry is expected to see its earnings decline by 13% 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
1 CK Hutchison Holdings	HK$69.45	1.8% +HK$4.8b	46.5%	PE22.5x
2442 Easy Smart Group Holdings	HK$59.70	17.1% +HK$3.5b	4,833.9%	PS90.2x
669 Techtronic Industries	HK$118.70	1.5% +HK$3.1b	32.5%	PE23.1x
2588 BOC Aviation	HK$77.05	5.7% +HK$2.9b	18.9%	PE8.7x
232 Continental Aerospace Technologies Holding	HK$0.40	93.2% +HK$1.8b	222.6%	PE39.6x

Company

Last Price

Valuation

1 CK Hutchison Holdings

HK$69.45

1.8%
+HK$4.8b

46.5%

PE22.5x

2442 Easy Smart Group Holdings

HK$59.70

17.1%
+HK$3.5b

4,833.9%

PS90.2x

669 Techtronic Industries

HK$118.70

1.5%
+HK$3.1b

32.5%

PE23.1x

2588 BOC Aviation

HK$77.05

5.7%
+HK$2.9b

18.9%

PE8.7x

232 Continental Aerospace Technologies Holding

HK$0.40

93.2%
+HK$1.8b

222.6%

PE39.6x

Boc Aviation Limited Approves Appointment of Yeung Chi Wai, Jason as Independent Non-Executive Director and Committee Member, Effective June 2, 2026

BOC Aviation Limited announced that the appointment of Mr. Yeung Chi Wai, Jason as an independent non-executive director of the Company was approved by the shareholders in its annual general meeting held on June 2, 2026. Mr. Yeung was also appointed as a member of the remuneration committee, the risk committee and the strategy and budget committee with effect from June 2, 2026. Mr. Yeung Chi Wai, Jason, aged 71, currently serves as an independent non-executive director of China Minsheng Banking Corp. Ltd. and the Group Chief Compliance and Risk Management Officer of Fung Holdings (1937) Limited. Mr. Yeung served as an independent non-executive director of China Telecom Corporation Limited, from October 2018 to December 2025, and Bank of Communications Co. Ltd., from October 2016 to June 2022, and AviChina Industry & Technology Company Limited, from June 2015 to June 2018. He was also previously a deputy chief executive (personal banking business) of Bank of China (Hong Kong) Limited from 2011 to 2015, the board secretary of Bank of China (Hong Kong) Limited from 2001 to 2011, the board secretary of Bank of China Limited from 2005 to 2008; a director and legal counsel of China Everbright Limited and China Everbright International Ltd.; a lawyer and partner of Woo Kwan Lee & Lo; a member of the Hong Kong Hospital Authority Board; a director of The Hong Kong Mortgage Corporation Limited and the Financial Dispute Resolution Centre; a member of the Insurance Advisory Committee of HKSAR Government. He also worked in the HKSAR Government and the Hong Kong Securities and Futures Commission. Mr. Yeung obtained his Master’s Degree in Business Administration from the Ivey Business School of the University of Western Ontario in Canada in 2001. Mr. Yeung is qualified as a lawyer.

Hong Kong (HSI) Industrials Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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