Million Hope Industries Holdings (HKG:1897) Has Announced That Its Dividend Will Be Reduced To HK$0.005
Nov 18
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Hong Kong (HSI) Building Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies11
- 7D-1.3%
- 3M22.4%
- 1Y-8.8%
- YTD-1.6%
Over the last 7 days, the Building industry has dropped 2.4%, driven by China Lesso Group Holdings declining 3.1%. Meanwhile, World Houseware (Holdings) actually outperformed within the industry, gaining 21% in the last week. The industry has fallen 11% in the last year. Earnings are forecast to grow by 6.9% annually.
Industry Valuation and Performance
Has the Hong Kong Building Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$61.1b | HK$82.9b | HK$8.1b | 6.5x | 7.5x | 0.7x |
| Sat, 19 Oct 2024 | HK$59.4b | HK$85.2b | HK$8.5b | 6.6x | 7x | 0.7x |
| Mon, 16 Sep 2024 | HK$47.7b | HK$85.4b | HK$8.5b | 5.9x | 5.6x | 0.6x |
| Wed, 14 Aug 2024 | HK$50.9b | HK$85.8b | HK$9.0b | 6.5x | 5.6x | 0.6x |
| Fri, 12 Jul 2024 | HK$58.7b | HK$86.1b | HK$8.4b | 6.9x | 7x | 0.7x |
| Sun, 09 Jun 2024 | HK$64.2b | HK$86.2b | HK$8.4b | 7.6x | 7.6x | 0.7x |
| Tue, 07 May 2024 | HK$67.9b | HK$86.5b | HK$8.4b | 8.4x | 8x | 0.8x |
| Thu, 04 Apr 2024 | HK$61.8b | HK$86.4b | HK$8.5b | 8.4x | 7.3x | 0.7x |
| Sat, 02 Mar 2024 | HK$59.8b | HK$86.2b | HK$9.1b | 6.3x | 6.6x | 0.7x |
| Mon, 29 Jan 2024 | HK$53.8b | HK$84.4b | HK$7.7b | 7.3x | 7x | 0.6x |
| Wed, 27 Dec 2023 | HK$61.6b | HK$84.5b | HK$7.7b | 6.2x | 8x | 0.7x |
| Fri, 24 Nov 2023 | HK$70.1b | HK$84.3b | HK$7.7b | 7.1x | 9.1x | 0.8x |
| Sun, 22 Oct 2023 | HK$65.3b | HK$82.3b | HK$7.6b | 8.5x | 8.6x | 0.8x |
| Tue, 19 Sep 2023 | HK$74.7b | HK$82.4b | HK$7.6b | 9.5x | 9.8x | 0.9x |
| Thu, 17 Aug 2023 | HK$78.4b | HK$81.6b | HK$7.6b | 10.8x | 10.4x | 1x |
| Sat, 15 Jul 2023 | HK$83.3b | HK$83.6b | HK$8.8b | 10.7x | 9.5x | 1x |
| Mon, 12 Jun 2023 | HK$84.8b | HK$83.9b | HK$8.8b | 11.2x | 9.7x | 1x |
| Wed, 10 May 2023 | HK$94.2b | HK$85.3b | HK$8.9b | 11.6x | 10.6x | 1.1x |
| Fri, 07 Apr 2023 | HK$95.5b | HK$84.8b | HK$9.0b | 11.1x | 10.6x | 1.1x |
| Sun, 05 Mar 2023 | HK$115.0b | HK$86.0b | HK$9.3b | 12.5x | 12.3x | 1.3x |
| Tue, 31 Jan 2023 | HK$120.2b | HK$91.9b | HK$13.8b | 11.1x | 8.7x | 1.3x |
| Thu, 29 Dec 2022 | HK$102.9b | HK$89.9b | HK$13.6b | 9.7x | 7.5x | 1.1x |
| Sat, 26 Nov 2022 | HK$101.6b | HK$88.8b | HK$13.5b | 10x | 7.5x | 1.1x |
| Mon, 24 Oct 2022 | HK$84.4b | HK$88.5b | HK$13.6b | 7.3x | 6.2x | 1x |
| Wed, 21 Sep 2022 | HK$101.0b | HK$90.1b | HK$13.7b | 8.9x | 7.3x | 1.1x |
| Fri, 19 Aug 2022 | HK$116.8b | HK$91.2b | HK$14.7b | 9.2x | 7.9x | 1.3x |
| Sun, 17 Jul 2022 | HK$120.4b | HK$90.2b | HK$16.7b | 9.5x | 7.2x | 1.3x |
| Tue, 14 Jun 2022 | HK$128.1b | HK$90.5b | HK$16.8b | 9x | 7.6x | 1.4x |
| Thu, 12 May 2022 | HK$117.5b | HK$90.3b | HK$16.7b | 8x | 7x | 1.3x |
| Sat, 09 Apr 2022 | HK$129.0b | HK$93.1b | HK$17.1b | 8x | 7.6x | 1.4x |
| Mon, 07 Mar 2022 | HK$137.7b | HK$90.5b | HK$17.9b | 8.2x | 7.7x | 1.5x |
| Wed, 02 Feb 2022 | HK$149.4b | HK$84.7b | HK$16.8b | 8.3x | 8.9x | 1.8x |
| Fri, 31 Dec 2021 | HK$170.6b | HK$96.7b | HK$17.6b | 8.2x | 9.7x | 1.8x |
| Sun, 28 Nov 2021 | HK$142.7b | HK$84.4b | HK$16.7b | 8.3x | 8.5x | 1.7x |
Price to Earnings Ratio
8.5x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Building industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.1x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Building industry have declined 21% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 industry?
| HK Market | 0.42% | |
| Industrials | 0.40% | |
| Building | -1.33% | |
| Building Products | -1.33% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2128 China Lesso Group Holdings | HK$3.62 | 1.4% +HK$155.1m | -20.1% | PE5.4x | |
| 713 World Houseware (Holdings) | HK$0.54 | 21.3% +HK$75.3m | 25.6% | PS1.2x | |
| 8646 China Hongguang Holdings | HK$0.50 | 6.4% +HK$13.8m | 92.3% | PE7.6x | |
| 1937 JiaChen Holding Group | HK$0.23 | 4.1% +HK$9.0m | -38.9% | PE18.1x | |
| 2115 CM Hi-Tech Cleanroom | HK$0.24 | 2.6% +HK$8.4m | 20.5% | PE6.9x |
