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Hong Kong (HSI) Commercial Services Industry Analysis

UpdatedFeb 26, 2024
DataAggregated Company Financials
Companies68
  • 7D5.1%
  • 3M0.9%
  • 1Y-18.2%
  • YTD2.2%

Over the last 7 days, the Commercial Services industry has risen 5.1%, driven by gains from TUHU Car of 9.1%. During this same period, the Wai Hung Group Holdings underperformed, falling 41%. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the Hong Kong Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Feb 2024HK$64.8bHK$112.2bHK$4.2b6.8x15.3x0.6x
Wed, 24 Jan 2024HK$61.7bHK$113.8bHK$4.5b6.5x13.8x0.5x
Fri, 22 Dec 2023HK$64.4bHK$114.0bHK$4.4b6.1x14.5x0.6x
Sun, 19 Nov 2023HK$67.5bHK$113.0bHK$4.3b6.2x15.6x0.6x
Tue, 17 Oct 2023HK$68.5bHK$112.8bHK$4.4b6.2x15.6x0.6x
Thu, 14 Sep 2023HK$71.3bHK$112.9bHK$4.5b6.7x15.9x0.6x
Sat, 12 Aug 2023HK$74.9bHK$120.1bHK$4.9b7.7x15.4x0.6x
Mon, 10 Jul 2023HK$72.7bHK$120.2bHK$4.9b7.7x14.8x0.6x
Wed, 07 Jun 2023HK$73.1bHK$122.4bHK$5.0b7.6x14.7x0.6x
Fri, 05 May 2023HK$76.9bHK$123.9bHK$6.0b7.6x12.8x0.6x
Sun, 02 Apr 2023HK$76.2bHK$124.3bHK$6.6b7.3x11.6x0.6x
Tue, 28 Feb 2023HK$77.3bHK$137.4bHK$10.0b6.1x7.7x0.6x
Thu, 26 Jan 2023HK$82.9bHK$138.3bHK$10.1b6.4x8.2x0.6x
Sat, 24 Dec 2022HK$76.3bHK$136.2bHK$9.9b5.8x7.7x0.6x
Mon, 21 Nov 2022HK$75.9bHK$135.1bHK$10.0b6.6x7.6x0.6x
Wed, 19 Oct 2022HK$73.4bHK$135.6bHK$10.3b8.1x7.1x0.5x
Fri, 16 Sep 2022HK$88.0bHK$134.8bHK$9.8b9.1x9x0.7x
Sun, 14 Aug 2022HK$92.9bHK$138.4bHK$11.2b11.4x8.3x0.7x
Tue, 12 Jul 2022HK$97.3bHK$138.7bHK$11.2b11.2x8.7x0.7x
Thu, 09 Jun 2022HK$98.2bHK$138.4bHK$11.5b8.5x8.5x0.7x
Sat, 07 May 2022HK$99.8bHK$138.3bHK$11.5b10.3x8.6x0.7x
Mon, 04 Apr 2022HK$112.5bHK$140.0bHK$11.7b10.8x9.6x0.8x
Wed, 02 Mar 2022HK$101.8bHK$137.4bHK$11.4b9.3x8.9x0.7x
Fri, 28 Jan 2022HK$100.4bHK$133.8bHK$11.4b10x8.8x0.7x
Sun, 26 Dec 2021HK$107.9bHK$133.6bHK$11.4b10.8x9.5x0.8x
Tue, 23 Nov 2021HK$101.9bHK$134.0bHK$11.5b10.5x8.8x0.8x
Thu, 21 Oct 2021HK$106.7bHK$133.6bHK$11.4b8.9x9.4x0.8x
Sat, 18 Sep 2021HK$106.6bHK$133.1bHK$11.3b9.9x9.5x0.8x
Mon, 16 Aug 2021HK$104.5bHK$133.8bHK$11.1b9.8x9.4x0.8x
Mon, 31 May 2021HK$101.0bHK$125.0bHK$10.3b9.9x9.8x0.8x
Thu, 04 Mar 2021HK$92.4bHK$115.8bHK$9.0b10.4x10.3x0.8x
Price to Earnings Ratio

10.3x


Total Market Cap: HK$92.4bTotal Earnings: HK$9.0bTotal Revenue: HK$115.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Commercial Services Industry Price to Earnings3Y Average 10.6x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Commercial Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.3x which is higher than its 3-year average PE of 10.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have declined 22% 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 Market4.19%
Industrials3.82%
Commercial Services5.10%
Diversified Support Services6.10%
Environmental and Facilities Services5.12%
Security and Alarm Services4.85%
Commercial Printing3.30%
Office Services and Supplies0%
Industry PE
  • Investors are most optimistic about the Diversified Support Services industry even though it's trading below its 3-year average PE ratio of 50.8x.
    • Analysts are expecting annual earnings growth of 25.3%, which is higher than its past year's earnings growth of 10.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 10% per year.
  • In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 11% 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
9690 TUHU CarHK$19.989.1%
+HK$1.4b
n/aPS1.2x
257 China Everbright Environment GroupHK$2.966.1%
+HK$1.0b
-6.9%PE4x
3316 Binjiang Service GroupHK$17.3014.7%
+HK$613.6m
-31.8%PE9.7x
587 China Conch Environment Protection HoldingsHK$1.2814.3%
+HK$292.3m
-55.7%PE7.7x
6677 Sino-Ocean Service HoldingHK$0.6726.4%
+HK$165.8m
-74.4%PS0.2x
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895

HK$1.71

Dongjiang Environmental

7D

6.9%

1Y

-31.3%

587

HK$1.28

China Conch Environment Protection Holdings

7D

14.3%

1Y

-55.7%

309

HK$0.032

Xinhua News Media Holdings

7D

-23.8%

1Y

14.3%

257

HK$2.96

China Everbright Environment Group

7D

6.1%

1Y

-6.9%

3321

HK$0.65

Wai Hung Group Holdings

7D

-40.9%

1Y

n/a

1330

HK$2.48

Dynagreen Environmental Protection Group

7D

4.6%

1Y

-6.4%

1850

HK$0.76

HSC Resources Group

7D

-16.5%

1Y

-43.3%

1272

HK$0.72

Datang Environment Industry Group

7D

-2.7%

1Y

-25.8%

2377

HK$0.76

China Boqi Environmental (Holding)

7D

-3.8%

1Y

-16.5%

9690

HK$19.98

TUHU Car

7D

9.1%

1Y

n/a

1855

HK$22.05

ZONBONG LANDSCAPE Environmental

7D

2.1%

1Y

128.3%

436

HK$0.05

New Universe Environmental Group

7D

-10.7%

1Y

-43.2%