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Hong Kong (HSI) Industrials Sector Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies484
  • 7D-2.7%
  • 3M5.6%
  • 1Y24.2%
  • YTD4.9%

Over the last 7 days, the Industrials industry has dropped 2.7%, driven by a pullback from COSCO SHIPPING Holdings of 6.8%. This takes the industry's 12 month performance to a gain of 24%. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026HK$4.8tHK$7.9tHK$346.9b11.3x14x0.6x
Fri, 20 Feb 2026HK$5.1tHK$7.9tHK$358.4b11.7x14.2x0.6x
Sun, 18 Jan 2026HK$4.7tHK$7.8tHK$356.3b11.1x13.3x0.6x
Tue, 16 Dec 2025HK$4.5tHK$7.7tHK$352.9b11.2x12.8x0.6x
Thu, 13 Nov 2025HK$4.6tHK$7.6tHK$348.7b11.3x13.2x0.6x
Sat, 11 Oct 2025HK$4.4tHK$7.6tHK$355.4b11.3x12.5x0.6x
Mon, 08 Sep 2025HK$4.4tHK$7.8tHK$354.5b10.6x12.5x0.6x
Wed, 06 Aug 2025HK$4.5tHK$7.8tHK$365.0b10.7x12.2x0.6x
Fri, 04 Jul 2025HK$4.3tHK$7.8tHK$366.7b9.8x11.6x0.5x
Sun, 01 Jun 2025HK$4.1tHK$7.8tHK$364.3b10.1x11.3x0.5x
Tue, 29 Apr 2025HK$3.8tHK$7.7tHK$356.1b9.5x10.8x0.5x
Thu, 27 Mar 2025HK$4.0tHK$7.7tHK$367.7b9.4x10.9x0.5x
Sat, 22 Feb 2025HK$3.9tHK$7.6tHK$373.0b9x10.5x0.5x
Mon, 20 Jan 2025HK$3.8tHK$7.6tHK$371.4b8.7x10.3x0.5x
Wed, 18 Dec 2024HK$3.9tHK$7.6tHK$372.7b8.7x10.5x0.5x
Fri, 15 Nov 2024HK$3.9tHK$7.6tHK$373.5b8.7x10.4x0.5x
Sun, 13 Oct 2024HK$4.0tHK$7.7tHK$360.3b9x11x0.5x
Tue, 10 Sep 2024HK$3.4tHK$7.7tHK$359.4b7.9x9.6x0.4x
Thu, 08 Aug 2024HK$3.6tHK$7.6tHK$361.3b8.1x9.9x0.5x
Sat, 06 Jul 2024HK$3.6tHK$7.4tHK$326.5b8.7x11x0.5x
Mon, 03 Jun 2024HK$3.8tHK$7.5tHK$330.7b8.7x11.4x0.5x
Wed, 01 May 2024HK$3.5tHK$7.4tHK$332.7b8.3x10.6x0.5x
Fri, 29 Mar 2024HK$3.5tHK$7.4tHK$327.0b7.7x10.8x0.5x
Sun, 25 Feb 2024HK$3.4tHK$7.3tHK$352.5b7.8x9.7x0.5x
Tue, 23 Jan 2024HK$3.1tHK$7.4tHK$352.6b7.7x8.7x0.4x
Thu, 21 Dec 2023HK$3.3tHK$7.4tHK$354.6b8x9.2x0.4x
Sat, 18 Nov 2023HK$3.2tHK$7.3tHK$350.2b7.9x9.2x0.4x
Mon, 16 Oct 2023HK$3.2tHK$7.2tHK$350.8b8.1x9.2x0.4x
Wed, 13 Sep 2023HK$3.3tHK$7.2tHK$351.3b8.3x9.5x0.5x
Fri, 11 Aug 2023HK$3.6tHK$7.2tHK$410.2b9x8.8x0.5x
Sun, 09 Jul 2023HK$3.5tHK$7.2tHK$413.8b9x8.6x0.5x
Tue, 06 Jun 2023HK$3.6tHK$7.3tHK$415.4b9.3x8.6x0.5x
Thu, 04 May 2023HK$3.8tHK$7.4tHK$420.2b9.5x9.1x0.5x
Sat, 01 Apr 2023HK$3.8tHK$7.4tHK$449.3b9.3x8.3x0.5x
Price to Earnings Ratio

8.3x


Total Market Cap: HK$3.8tTotal Earnings: HK$449.3bTotal Revenue: HK$7.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Industrials Sector Price to Earnings3Y Average 10.7x202420252026
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 14.0x which is higher than its 3-year average PE of 10.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 8.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% 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-2.68%
Industrials-2.73%
Commercial Services1.39%
Professional Services1.35%
Industrials-0.21%
Transportation-1.16%
Electrical-1.95%
Logistics-2.08%
Trade Distributors-2.68%
Machinery-2.97%
Infrastructure-3.09%
Construction-4.11%
Marine and Shipping-4.22%
Building-5.19%
Airlines-7.40%
Aerospace & Defense-7.72%
Industry PE
  • Investors are most optimistic about the Machinery industry which is trading above its 3-year average PE ratio of 17.0x.
    • Analysts are expecting annual earnings growth of 20.3%, which is higher than its past year's earnings growth of 5.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 67% 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 20% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
267 CITICHK$11.933.2%
+HK$10.8b
24.8%PE4.7x
3808 Sinotruk (Hong Kong)HK$40.1410.0%
+HK$10.1b
84.1%PE16.3x
257 China Everbright Environment GroupHK$5.5910.3%
+HK$3.2b
61.1%PE8.7x
666 REPT BATTERO EnergyHK$16.496.9%
+HK$2.5b
55.0%PS1.7x
2670 Beijing Yunji TechnologyHK$218.6016.4%
+HK$2.1b
n/aPS44.7x

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