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
Wed, 08 Jul 2026	HK$4.8t	HK$7.9t	HK$332.0b	11.1x	14.4x	0.6x
Fri, 05 Jun 2026	HK$5.2t	HK$7.9t	HK$320.9b	11.6x	16.2x	0.7x
Sun, 03 May 2026	HK$5.2t	HK$7.8t	HK$321.0b	11.8x	16.2x	0.7x
Tue, 31 Mar 2026	HK$4.8t	HK$7.9t	HK$344.2b	11.2x	13.9x	0.6x
Thu, 26 Feb 2026	HK$5.2t	HK$7.9t	HK$360.1b	11.8x	14.4x	0.7x
Sat, 24 Jan 2026	HK$4.8t	HK$7.8t	HK$356.5b	11.6x	13.6x	0.6x
Mon, 22 Dec 2025	HK$4.5t	HK$7.7t	HK$353.0b	11.1x	12.8x	0.6x
Wed, 19 Nov 2025	HK$4.5t	HK$7.6t	HK$349.6b	11x	12.8x	0.6x
Fri, 17 Oct 2025	HK$4.4t	HK$7.6t	HK$355.0b	11.1x	12.5x	0.6x
Sun, 14 Sep 2025	HK$4.5t	HK$7.8t	HK$353.9b	10.5x	12.8x	0.6x
Tue, 12 Aug 2025	HK$4.5t	HK$7.8t	HK$362.6b	10.9x	12.4x	0.6x
Thu, 10 Jul 2025	HK$4.2t	HK$7.8t	HK$366.1b	9.7x	11.6x	0.5x
Sat, 07 Jun 2025	HK$4.2t	HK$7.8t	HK$365.1b	10x	11.4x	0.5x
Mon, 05 May 2025	HK$3.9t	HK$7.7t	HK$358.5b	9.8x	10.8x	0.5x
Wed, 02 Apr 2025	HK$4.0t	HK$7.7t	HK$358.8b	9.8x	11.1x	0.5x
Fri, 28 Feb 2025	HK$4.0t	HK$7.6t	HK$371.8b	9.2x	10.7x	0.5x
Sun, 26 Jan 2025	HK$3.8t	HK$7.6t	HK$374.1b	8.5x	10.3x	0.5x
Tue, 24 Dec 2024	HK$3.9t	HK$7.6t	HK$372.2b	8.8x	10.5x	0.5x
Thu, 21 Nov 2024	HK$4.0t	HK$7.6t	HK$375.7b	8.7x	10.6x	0.5x
Sat, 19 Oct 2024	HK$3.9t	HK$7.7t	HK$359.5b	8.7x	10.9x	0.5x
Mon, 16 Sep 2024	HK$3.4t	HK$7.7t	HK$359.8b	7.9x	9.5x	0.4x
Wed, 14 Aug 2024	HK$3.6t	HK$7.6t	HK$360.1b	8.3x	10x	0.5x
Fri, 12 Jul 2024	HK$3.6t	HK$7.4t	HK$327.1b	8.6x	10.9x	0.5x
Sun, 09 Jun 2024	HK$3.8t	HK$7.4t	HK$328.3b	8.8x	11.6x	0.5x
Tue, 07 May 2024	HK$3.6t	HK$7.4t	HK$331.7b	8.3x	11x	0.5x
Thu, 04 Apr 2024	HK$3.5t	HK$7.4t	HK$330.7b	8x	10.5x	0.5x
Sat, 02 Mar 2024	HK$3.4t	HK$7.3t	HK$352.1b	8x	9.6x	0.5x
Mon, 29 Jan 2024	HK$3.3t	HK$7.4t	HK$353.8b	7.7x	9.4x	0.4x
Wed, 27 Dec 2023	HK$3.3t	HK$7.4t	HK$354.9b	8.2x	9.2x	0.4x
Fri, 24 Nov 2023	HK$3.3t	HK$7.4t	HK$352.8b	8.1x	9.3x	0.4x
Sun, 22 Oct 2023	HK$3.1t	HK$7.2t	HK$350.6b	7.7x	8.9x	0.4x
Tue, 19 Sep 2023	HK$3.3t	HK$7.2t	HK$350.9b	8.3x	9.5x	0.5x
Thu, 17 Aug 2023	HK$3.5t	HK$7.2t	HK$401.2b	8.9x	8.6x	0.5x
Sat, 15 Jul 2023	HK$3.6t	HK$7.2t	HK$415.6b	9x	8.7x	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 14.5x which is higher than its 3-year average PE of 11.4x.

The industry is trading close to its 3-year average PS ratio of 0.53x.

Past Earnings Growth

The earnings for companies in the Industrials industry have declined 7.1% per year over the last three years.
Meanwhile revenues for these companies have grown 3.0% 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	1.04%
Industrials	1.60%
Logistics	7.82%
Marine and Shipping	4.41%
Infrastructure	2.57%
Machinery	2.28%
Commercial Services	2.17%
Airlines	2.06%
Trade Distributors	1.67%
Transportation	1.05%
Building	0.97%
Aerospace & Defense	0.39%
Construction	-0.063%
Industrials	-0.12%
Electrical	-0.17%
Professional Services	-13.97%

Industry PE

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

Analysts expect its future annual earnings growth (20.6%) to be largely in line with prior year's earnings growth.

Forecasted Growth

Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 45% 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 12% 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
2338 Weichai Power	HK$37.40	9.7% +HK$28.6b	141.6%	PE24.8x
3808 Sinotruk (Hong Kong)	HK$42.56	10.4% +HK$11.1b	86.7%	PE14.5x
1519 J&T Global Express	HK$9.47	13.3% +HK$10.7b	18.2%	PE58.9x
1919 COSCO SHIPPING Holdings	HK$13.65	4.9% +HK$9.7b	1.1%	PE7.1x
1072 Dongfang Electric	HK$22.92	7.5% +HK$5.5b	68.3%	PE16.1x

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Hong Kong (HSI) Industrials Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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