What Gain Plus Holdings Limited's (HKG:9900) 296% Share Price Gain Is Not Telling You
Dec 20
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Hong Kong (HSI) Industrials Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies484
- 7D-1.8%
- 3M9.6%
- 1Y11.2%
- YTD8.4%
The Industrials industry is down 1.8% over the last week with Techtronic Industries the worst performer, down 4.0%. In contrast, China Communications Construction has gained 7.3%. In the past year, the industry has gained 11%. Looking forward, earnings are forecast to grow by 18% annually.
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, 22 Dec 2024 | HK$3.9t | HK$7.6t | HK$372.5b | 8.7x | 10.4x | 0.5x |
| Tue, 19 Nov 2024 | HK$3.9t | HK$7.6t | HK$376.3b | 8.6x | 10.5x | 0.5x |
| Thu, 17 Oct 2024 | HK$3.9t | HK$7.7t | HK$358.9b | 8.7x | 10.7x | 0.5x |
| Sat, 14 Sep 2024 | HK$3.4t | HK$7.7t | HK$359.7b | 7.9x | 9.5x | 0.4x |
| Mon, 12 Aug 2024 | HK$3.6t | HK$7.6t | HK$360.5b | 8.3x | 9.9x | 0.5x |
| Wed, 10 Jul 2024 | HK$3.6t | HK$7.4t | HK$326.4b | 8.7x | 10.9x | 0.5x |
| Fri, 07 Jun 2024 | HK$3.8t | HK$7.4t | HK$328.4b | 8.9x | 11.5x | 0.5x |
| Sun, 05 May 2024 | HK$3.6t | HK$7.4t | HK$330.4b | 8.3x | 10.8x | 0.5x |
| Tue, 02 Apr 2024 | HK$3.4t | HK$7.4t | HK$330.7b | 8x | 10.4x | 0.5x |
| Thu, 29 Feb 2024 | HK$3.4t | HK$7.3t | HK$352.9b | 7.9x | 9.5x | 0.5x |
| Sat, 27 Jan 2024 | HK$3.3t | HK$7.4t | HK$354.2b | 7.7x | 9.4x | 0.4x |
| Mon, 25 Dec 2023 | HK$3.3t | HK$7.4t | HK$355.0b | 8.2x | 9.2x | 0.4x |
| Wed, 22 Nov 2023 | HK$3.3t | HK$7.4t | HK$352.6b | 8.1x | 9.3x | 0.4x |
| Fri, 20 Oct 2023 | HK$3.1t | HK$7.2t | HK$350.7b | 7.9x | 8.9x | 0.4x |
| Sun, 17 Sep 2023 | HK$3.4t | HK$7.2t | HK$351.7b | 8.4x | 9.5x | 0.5x |
| Tue, 15 Aug 2023 | HK$3.5t | HK$7.2t | HK$408.7b | 9x | 8.6x | 0.5x |
| Thu, 13 Jul 2023 | HK$3.6t | HK$7.2t | HK$414.4b | 9.2x | 8.6x | 0.5x |
| Sat, 10 Jun 2023 | HK$3.6t | HK$7.2t | HK$415.2b | 9.4x | 8.7x | 0.5x |
| Mon, 08 May 2023 | HK$3.9t | HK$7.4t | HK$420.1b | 9.4x | 9.3x | 0.5x |
| Wed, 05 Apr 2023 | HK$3.8t | HK$7.4t | HK$446.3b | 9.2x | 8.5x | 0.5x |
| Fri, 03 Mar 2023 | HK$3.8t | HK$7.3t | HK$467.4b | 8.9x | 8.1x | 0.5x |
| Sun, 29 Jan 2023 | HK$3.9t | HK$7.4t | HK$472.9b | 9x | 8.3x | 0.5x |
| Tue, 27 Dec 2022 | HK$3.6t | HK$7.2t | HK$463.7b | 8.5x | 7.7x | 0.5x |
| Thu, 24 Nov 2022 | HK$3.4t | HK$7.1t | HK$460.3b | 8.4x | 7.5x | 0.5x |
| Sat, 22 Oct 2022 | HK$3.2t | HK$7.0t | HK$469.8b | 8.9x | 6.9x | 0.5x |
| Mon, 19 Sep 2022 | HK$3.6t | HK$7.1t | HK$476.3b | 9.7x | 7.6x | 0.5x |
| Wed, 17 Aug 2022 | HK$3.8t | HK$7.1t | HK$453.1b | 9.5x | 8.4x | 0.5x |
| Fri, 15 Jul 2022 | HK$3.9t | HK$7.1t | HK$449.2b | 9.6x | 8.7x | 0.6x |
| Sun, 12 Jun 2022 | HK$4.0t | HK$7.2t | HK$449.8b | 9.2x | 8.9x | 0.6x |
| Tue, 10 May 2022 | HK$3.9t | HK$7.2t | HK$441.9b | 8.5x | 8.8x | 0.5x |
| Thu, 07 Apr 2022 | HK$4.2t | HK$7.3t | HK$444.6b | 8.8x | 9.5x | 0.6x |
| Sat, 05 Mar 2022 | HK$4.5t | HK$7.1t | HK$407.4b | 8.4x | 11.1x | 0.6x |
| Mon, 31 Jan 2022 | HK$4.3t | HK$7.0t | HK$400.7b | 8.4x | 10.8x | 0.6x |
| Wed, 29 Dec 2021 | HK$4.5t | HK$7.0t | HK$401.6b | 8.5x | 11.2x | 0.6x |
Price to Earnings Ratio
11.2x
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 10.4x which is higher than its 3-year average PE of 9.3x.
- 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 2.5% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.7% 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 | -0.53% | |
| Industrials | -1.83% | |
| Construction | 1.44% | |
| Infrastructure | 0.71% | |
| Commercial Services | -0.83% | |
| Logistics | -1.16% | |
| Trade Distributors | -1.72% | |
| Machinery | -2.06% | |
| Industrials | -2.34% | |
| Aerospace & Defense | -2.56% | |
| Transportation | -3.09% | |
| Marine and Shipping | -3.17% | |
| Electrical | -3.69% | |
| Building | -4.93% | |
| Airlines | -5.17% | |
| Professional Services | -8.71% | |
Industry PE
- Investors are most optimistic about the Airlines industry which is trading above its 3-year average PE ratio of 6.9x.
- Analysts are expecting annual earnings growth of 91.0%, which is lower than the prior year's growth of 319.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 91% over the next 5 years.
- However this is lower than its past earnings growth rate of 320% per year.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 19% 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 | |
|---|---|---|---|---|---|
| 1800 China Communications Construction | HK$5.43 | 7.3% +HK$6.0b | 59.7% | PE3.7x | |
| 6198 Qingdao Port International | HK$6.00 | 6.4% +HK$2.3b | 42.9% | PE7.2x | |
| 9900 Gain Plus Holdings | HK$8.21 | 306.4% +HK$2.3b | 660.2% | PE99.6x | |
| 177 Jiangsu Expressway | HK$8.36 | 3.0% +HK$1.2b | 19.8% | PE8.8x | |
| 2490 LC Logistics | HK$26.90 | 18.5% +HK$1.2b | 424.4% | PE299.3x |
