Analysis Article • Jun 20

Last week, the Industrials industry hasn't moved much but Weichai Power is up 7.4% in that time. The past year has been better, since the industry has gained 17% in that time. As for the next few years, earnings are expected to grow by 15% per annum.
Has the Hong Kong Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Jun 2026 | HK$4.9t | HK$7.9t | HK$333.9b | 10.9x | 14.8x | 0.6x |
| Thu, 21 May 2026 | HK$5.3t | HK$7.9t | HK$320.1b | 12.1x | 16.5x | 0.7x |
| Sat, 18 Apr 2026 | HK$5.2t | HK$7.9t | HK$323.8b | 11.6x | 16.1x | 0.7x |
| Mon, 16 Mar 2026 | HK$5.0t | HK$7.9t | HK$354.1b | 11.5x | 14.1x | 0.6x |
| Wed, 11 Feb 2026 | HK$5.1t | HK$7.9t | HK$359.3b | 11.6x | 14.1x | 0.6x |
| Fri, 09 Jan 2026 | HK$4.6t | HK$7.8t | HK$355.6b | 11x | 13.1x | 0.6x |
| Sun, 07 Dec 2025 | HK$4.6t | HK$7.7t | HK$351.0b | 11x | 13x | 0.6x |
| Tue, 04 Nov 2025 | HK$4.5t | HK$7.6t | HK$348.7b | 11.1x | 12.9x | 0.6x |
| Thu, 02 Oct 2025 | HK$4.4t | HK$7.6t | HK$356.2b | 11.1x | 12.3x | 0.6x |
| Sat, 30 Aug 2025 | HK$4.5t | HK$7.9t | HK$355.3b | 11x | 12.6x | 0.6x |
| Mon, 28 Jul 2025 | HK$4.6t | HK$7.8t | HK$366.7b | 10.6x | 12.4x | 0.6x |
| Wed, 25 Jun 2025 | HK$4.2t | HK$7.8t | HK$366.0b | 10.3x | 11.6x | 0.5x |
| Fri, 23 May 2025 | HK$4.1t | HK$7.8t | HK$363.3b | 10.1x | 11.4x | 0.5x |
| Sun, 20 Apr 2025 | HK$3.8t | HK$7.7t | HK$356.4b | 9.2x | 10.6x | 0.5x |
| Tue, 18 Mar 2025 | HK$4.0t | HK$7.7t | HK$375.3b | 9.3x | 10.8x | 0.5x |
| Thu, 13 Feb 2025 | HK$3.9t | HK$7.6t | HK$372.0b | 8.9x | 10.4x | 0.5x |
| Sat, 11 Jan 2025 | HK$3.8t | HK$7.5t | HK$371.2b | 8.6x | 10.1x | 0.5x |
| Mon, 09 Dec 2024 | HK$4.0t | HK$7.6t | HK$373.6b | 8.5x | 10.6x | 0.5x |
| Wed, 06 Nov 2024 | HK$4.1t | HK$7.7t | HK$377.6b | 8.7x | 10.8x | 0.5x |
| Fri, 04 Oct 2024 | HK$4.1t | HK$7.7t | HK$361.1b | 9x | 11.3x | 0.5x |
| Sun, 01 Sep 2024 | HK$3.6t | HK$7.7t | HK$362.1b | 8.3x | 10x | 0.5x |
| Tue, 30 Jul 2024 | HK$3.5t | HK$7.4t | HK$327.5b | 8.3x | 10.7x | 0.5x |
| Thu, 27 Jun 2024 | HK$3.6t | HK$7.4t | HK$328.3b | 8.6x | 11.1x | 0.5x |
| Sat, 25 May 2024 | HK$3.8t | HK$7.4t | HK$330.4b | 8.6x | 11.4x | 0.5x |
| Mon, 22 Apr 2024 | HK$3.5t | HK$7.4t | HK$328.4b | 8.2x | 10.6x | 0.5x |
| Wed, 20 Mar 2024 | HK$3.5t | HK$7.3t | HK$363.4b | 7.6x | 9.5x | 0.5x |
| Fri, 16 Feb 2024 | HK$3.3t | HK$7.3t | HK$353.9b | 7.4x | 9.2x | 0.4x |
| Sun, 14 Jan 2024 | HK$3.3t | HK$7.4t | HK$353.5b | 8.2x | 9.4x | 0.4x |
| Tue, 12 Dec 2023 | HK$3.2t | HK$7.4t | HK$353.9b | 8.1x | 8.9x | 0.4x |
| Thu, 09 Nov 2023 | HK$3.2t | HK$7.3t | HK$350.3b | 7.9x | 9.1x | 0.4x |
| Sat, 07 Oct 2023 | HK$3.3t | HK$7.2t | HK$352.0b | 8x | 9.2x | 0.5x |
| Mon, 04 Sep 2023 | HK$3.4t | HK$7.2t | HK$353.1b | 8.5x | 9.6x | 0.5x |
| Wed, 02 Aug 2023 | HK$3.7t | HK$7.2t | HK$409.5b | 9.3x | 9.1x | 0.5x |
| Fri, 30 Jun 2023 | HK$3.6t | HK$7.2t | HK$413.3b | 9.4x | 8.6x | 0.5x |
8.6x
Which industries have driven the changes within the Hong Kong Industrials sector?
| HK Market | -4.48% | |
| Industrials | -3.77% | |
| Professional Services | -0.48% | |
| Machinery | -0.75% | |
| Electrical | -1.09% | |
| Commercial Services | -2.53% | |
| Transportation | -2.91% | |
| Construction | -3.87% | |
| Industrials | -4.41% | |
| Aerospace & Defense | -6.18% | |
| Building | -6.30% | |
| Trade Distributors | -6.31% | |
| Marine and Shipping | -6.39% | |
| Infrastructure | -6.58% | |
| Airlines | -7.09% | |
| Logistics | -7.14% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2338 Weichai Power | HK$41.00 | 7.4% +HK$24.6b | 146.4% | PE27.2x | |
| 6656 Sigenergy Technology | HK$394.00 | 6.0% +HK$5.5b | n/a | PE28.8x | |
| 1729 Time Interconnect Technology | HK$20.70 | 6.6% +HK$2.9b | 197.4% | PE58.9x | |
| 1735 Central New Energy Holding Group | HK$8.64 | 5.8% +HK$2.0b | 5.4% | PE1065.9x | |
| 3881 CiDi | HK$22.22 | 22.2% +HK$1.8b | n/a | PS9.5x |