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Hong Kong (HSI) Industrials Sector Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
Companies482
  • 7D-2.7%
  • 3M-8.8%
  • 1Y-12.7%
  • YTD-16.9%

Over the last 7 days, the Industrials industry has dropped 2.7%, driven by a pullback from MTR of 4.9%. On the other hand J&T Global Express is actually up 11%. However, the industry is down 13% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023HK$3.2tHK$7.4tHK$355.7b8.2x9x0.4x
Wed, 01 Nov 2023HK$3.2tHK$7.2tHK$349.1b8.1x9x0.4x
Fri, 29 Sep 2023HK$3.3tHK$7.2tHK$351.3b8.1x9.3x0.5x
Sun, 27 Aug 2023HK$3.3tHK$7.2tHK$371.7b8.9x9x0.5x
Tue, 25 Jul 2023HK$3.6tHK$7.2tHK$414.3b8.9x8.6x0.5x
Thu, 22 Jun 2023HK$3.6tHK$7.2tHK$413.4b9.5x8.7x0.5x
Sat, 20 May 2023HK$3.7tHK$7.3tHK$417.3b9.3x8.9x0.5x
Mon, 17 Apr 2023HK$3.9tHK$7.4tHK$432.0b9.9x8.9x0.5x
Wed, 15 Mar 2023HK$3.7tHK$7.3tHK$462.5b8.6x8.1x0.5x
Fri, 10 Feb 2023HK$3.9tHK$7.4tHK$473.8b8.9x8.1x0.5x
Sun, 08 Jan 2023HK$3.7tHK$7.3tHK$470.4b8.9x7.8x0.5x
Tue, 06 Dec 2022HK$3.6tHK$7.1tHK$461.5b9x7.9x0.5x
Thu, 03 Nov 2022HK$3.2tHK$7.0tHK$455.9b8.9x7x0.5x
Sat, 01 Oct 2022HK$3.3tHK$7.1tHK$472.1b8.7x7x0.5x
Mon, 29 Aug 2022HK$3.9tHK$7.2tHK$438.9b10.1x8.8x0.5x
Wed, 27 Jul 2022HK$3.9tHK$7.1tHK$449.1b9.7x8.7x0.5x
Fri, 24 Jun 2022HK$3.9tHK$7.2tHK$450.5b9.7x8.6x0.5x
Sun, 22 May 2022HK$4.0tHK$7.2tHK$452.4b8.6x8.8x0.6x
Tue, 19 Apr 2022HK$4.2tHK$7.3tHK$442.5b9.1x9.4x0.6x
Thu, 17 Mar 2022HK$4.1tHK$7.1tHK$461.5b7.7x8.9x0.6x
Sat, 12 Feb 2022HK$4.6tHK$7.0tHK$400.9b8.7x11.5x0.7x
Mon, 10 Jan 2022HK$4.5tHK$7.0tHK$401.2b8.8x11.3x0.6x
Wed, 08 Dec 2021HK$4.4tHK$7.0tHK$402.1b8.8x10.9x0.6x
Fri, 05 Nov 2021HK$4.3tHK$6.9tHK$400.7b8.7x10.8x0.6x
Sun, 03 Oct 2021HK$4.4tHK$6.8tHK$372.6b9.3x11.9x0.6x
Tue, 31 Aug 2021HK$4.7tHK$6.8tHK$366.5b9.8x12.9x0.7x
Wed, 07 Jul 2021HK$4.5tHK$6.8tHK$366.5b9.4x12.4x0.7x
Sat, 10 Apr 2021HK$4.0tHK$6.2tHK$309.1b10.3x12.9x0.6x
Fri, 01 Jan 2021HK$3.5tHK$5.8tHK$235.4b10.3x14.9x0.6x
Price to Earnings Ratio

15x


Total Market Cap: HK$3.4tTotal Earnings: HK$229.0bTotal Revenue: HK$5.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Industrials Sector Price to Earnings3Y Average 10.3x202120222023
Current Industry PE
  • Investors are pessimistic on the Hong Kong Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.0x which is lower than its 3-year average PE of 10.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Industrials sector?

HK Market-2.96%
Industrials-2.69%
Professional Services1.53%
Infrastructure-0.85%
Logistics-1.19%
Trade Distributors-1.30%
Machinery-1.63%
Marine and Shipping-1.71%
Construction-2.08%
Commercial Services-2.45%
Industrials-3.17%
Aerospace & Defense-4.35%
Transportation-4.83%
Airlines-5.02%
Electrical-5.63%
Building-7.44%
Industry PE
  • Investors are most optimistic about the Electrical industry even though it's trading below its 3-year average PE ratio of 117x.
    • Analysts are expecting annual earnings growth of 58.9%, which is higher than its past year's earnings growth of 2.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 64% over the next 5 years.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 49% 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
1519 J&T Global ExpressHK$13.2011.3%
+HK$11.8b
n/aPS1.9x
598 SinotransHK$2.979.6%
+HK$1.9b
15.1%PE5.4x
1919 COSCO SHIPPING HoldingsHK$7.271.3%
+HK$1.4b
-13.1%PE3.1x
9690 TUHU CarHK$33.755.1%
+HK$1.4b
n/aPS2x
317 CSSC Offshore & Marine Engineering (Group)HK$9.5211.1%
+HK$1.3b
20.4%PE17.8x
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9699

HK$9.77

Hangzhou SF Intra-city Industrial

7D

9.0%

1Y

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868

HK$8.62

Xinyi Glass Holdings

7D

-7.1%

1Y

-42.2%

2618

HK$9.34

JD Logistics

7D

-6.0%

1Y

-40.4%

753

HK$5.19

Air China

7D

-5.6%

1Y

-17.4%

2338

HK$13.72

Weichai Power

7D

-4.3%

1Y

31.9%

1519

HK$13.20

J&T Global Express

7D

11.3%

1Y

n/a

317

HK$9.52

CSSC Offshore & Marine Engineering (Group)

7D

11.1%

1Y

20.4%

9690

HK$33.75

TUHU Car

7D

5.1%

1Y

n/a

1055

HK$3.65

China Southern Airlines

7D

-5.4%

1Y

-20.7%