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Hong Kong (HSI) Industrials Sector Analysis

UpdatedNov 04, 2025
DataAggregated Company Financials
Companies473
  • 7D-0.8%
  • 3M4.0%
  • 1Y19.6%
  • YTD22.9%

The Industrials is pretty flat in the last 7 days, but Weichai Power has stood out, gaining 13%. As for the the longer term, the industry is up 20% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Nov 2025HK$4.5tHK$7.6tHK$348.7b11.1x12.9x0.6x
Thu, 02 Oct 2025HK$4.4tHK$7.6tHK$356.2b11.1x12.3x0.6x
Sat, 30 Aug 2025HK$4.5tHK$7.9tHK$355.3b11x12.6x0.6x
Mon, 28 Jul 2025HK$4.6tHK$7.8tHK$366.7b10.6x12.4x0.6x
Wed, 25 Jun 2025HK$4.2tHK$7.8tHK$366.0b10.3x11.6x0.5x
Fri, 23 May 2025HK$4.1tHK$7.8tHK$363.3b10.1x11.4x0.5x
Sun, 20 Apr 2025HK$3.8tHK$7.7tHK$356.4b9.2x10.6x0.5x
Tue, 18 Mar 2025HK$4.0tHK$7.7tHK$375.3b9.3x10.8x0.5x
Thu, 13 Feb 2025HK$3.9tHK$7.6tHK$372.0b8.9x10.4x0.5x
Sat, 11 Jan 2025HK$3.8tHK$7.5tHK$371.2b8.6x10.1x0.5x
Mon, 09 Dec 2024HK$4.0tHK$7.6tHK$373.6b8.5x10.6x0.5x
Wed, 06 Nov 2024HK$4.1tHK$7.7tHK$377.6b8.7x10.8x0.5x
Fri, 04 Oct 2024HK$4.1tHK$7.7tHK$361.1b9x11.3x0.5x
Sun, 01 Sep 2024HK$3.6tHK$7.7tHK$362.1b8.3x10x0.5x
Tue, 30 Jul 2024HK$3.5tHK$7.4tHK$327.5b8.3x10.7x0.5x
Thu, 27 Jun 2024HK$3.6tHK$7.4tHK$328.3b8.6x11.1x0.5x
Sat, 25 May 2024HK$3.8tHK$7.4tHK$330.4b8.6x11.4x0.5x
Mon, 22 Apr 2024HK$3.5tHK$7.4tHK$328.4b8.2x10.6x0.5x
Wed, 20 Mar 2024HK$3.5tHK$7.3tHK$363.4b7.6x9.5x0.5x
Fri, 16 Feb 2024HK$3.3tHK$7.3tHK$353.9b7.4x9.2x0.4x
Sun, 14 Jan 2024HK$3.3tHK$7.4tHK$353.5b8.2x9.4x0.4x
Tue, 12 Dec 2023HK$3.2tHK$7.4tHK$353.9b8.1x8.9x0.4x
Thu, 09 Nov 2023HK$3.2tHK$7.3tHK$350.3b7.9x9.1x0.4x
Sat, 07 Oct 2023HK$3.3tHK$7.2tHK$352.0b8x9.2x0.5x
Mon, 04 Sep 2023HK$3.4tHK$7.2tHK$353.1b8.5x9.6x0.5x
Wed, 02 Aug 2023HK$3.7tHK$7.2tHK$409.5b9.3x9.1x0.5x
Fri, 30 Jun 2023HK$3.6tHK$7.2tHK$413.3b9.4x8.6x0.5x
Sun, 28 May 2023HK$3.6tHK$7.3tHK$417.4b9.2x8.6x0.5x
Tue, 25 Apr 2023HK$3.8tHK$7.4tHK$430.2b9.6x8.9x0.5x
Thu, 23 Mar 2023HK$3.8tHK$7.3tHK$460.2b8.7x8.2x0.5x
Sat, 18 Feb 2023HK$3.8tHK$7.3tHK$470.7b8.6x8x0.5x
Mon, 16 Jan 2023HK$3.8tHK$7.4tHK$474.1b9.1x8x0.5x
Wed, 14 Dec 2022HK$3.7tHK$7.2tHK$462.4b9x7.9x0.5x
Fri, 11 Nov 2022HK$3.3tHK$7.0tHK$456.4b8.6x7.2x0.5x
Price to Earnings Ratio

7.2x


Total Market Cap: HK$3.3tTotal Earnings: HK$456.4bTotal Revenue: HK$7.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Industrials Sector Price to Earnings3Y Average 10x202320242025
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 12.9x which is higher than its 3-year average PE of 10.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 8.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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-1.10%
Industrials-0.76%
Marine and Shipping4.97%
Transportation3.20%
Professional Services1.08%
Infrastructure0.89%
Industrials0.70%
Commercial Services-1.24%
Logistics-1.57%
Trade Distributors-1.62%
Machinery-2.20%
Airlines-2.46%
Building-2.54%
Electrical-3.49%
Construction-4.13%
Aerospace & Defense-4.67%
Industry PE
  • Investors are most optimistic about the Airlines industry even though it's trading below its 3-year average PE ratio of 23.7x.
    • Analysts are expecting annual earnings growth of 60.1%, which is higher than its past year's earnings growth of 16.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Professional Services industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings growth rate of 4.1% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 27% 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
2338 Weichai PowerHK$17.1613.1%
+HK$17.1b
45.4%PE11.4x
1919 COSCO SHIPPING HoldingsHK$13.884.7%
+HK$9.6b
11.0%PE5.2x
66 MTRHK$29.005.1%
+HK$8.8b
1.4%PE10.3x
267 CITICHK$12.192.1%
+HK$7.3b
33.5%PE5x
1308 SITC International HoldingsHK$30.788.6%
+HK$6.6b
35.0%PE8.2x

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