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Hong Kong (HSI) Commercial Services Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies67
- 7D-0.5%
- 3M-3.3%
- 1Y2.5%
- YTD5.2%
In the last week, the Commercial Services industry is flat overall, with TUHU Car standing out by going down 7.7%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are forecast to decline by 14% per annum.
Industry Valuation and Performance
Has the Hong Kong Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | HK$88.2b | HK$125.7b | HK$13.4b | 7.2x | 6.6x | 0.7x |
| Thu, 28 Nov 2024 | HK$88.3b | HK$127.1b | HK$13.5b | 7x | 6.5x | 0.7x |
| Sat, 26 Oct 2024 | HK$88.9b | HK$128.2b | HK$13.6b | 8.3x | 6.5x | 0.7x |
| Mon, 23 Sep 2024 | HK$82.3b | HK$129.3b | HK$13.8b | 8.2x | 6x | 0.6x |
| Wed, 21 Aug 2024 | HK$84.3b | HK$128.5b | HK$14.2b | 8x | 5.9x | 0.7x |
| Fri, 19 Jul 2024 | HK$86.5b | HK$127.9b | HK$14.0b | 8.2x | 6.2x | 0.7x |
| Sun, 16 Jun 2024 | HK$117.6b | HK$128.1b | HK$14.0b | 6.2x | 8.4x | 0.9x |
| Tue, 14 May 2024 | HK$102.7b | HK$127.7b | HK$13.5b | 6.6x | 7.6x | 0.8x |
| Thu, 11 Apr 2024 | HK$89.3b | HK$128.2b | HK$13.7b | 7x | 6.5x | 0.7x |
| Sat, 09 Mar 2024 | HK$64.3b | HK$111.9b | HK$4.3b | 6.9x | 15x | 0.6x |
| Mon, 05 Feb 2024 | HK$62.6b | HK$113.6b | HK$4.5b | 6.2x | 14x | 0.6x |
| Wed, 03 Jan 2024 | HK$66.4b | HK$114.2b | HK$4.4b | 6.4x | 15x | 0.6x |
| Fri, 01 Dec 2023 | HK$66.4b | HK$113.4b | HK$4.3b | 5.8x | 15.5x | 0.6x |
| Sun, 29 Oct 2023 | HK$68.9b | HK$112.7b | HK$4.4b | 5.9x | 15.7x | 0.6x |
| Tue, 26 Sep 2023 | HK$69.4b | HK$112.7b | HK$4.4b | 6.7x | 15.6x | 0.6x |
| Thu, 24 Aug 2023 | HK$72.0b | HK$119.3b | HK$4.7b | 7.3x | 15.3x | 0.6x |
| Sat, 22 Jul 2023 | HK$74.0b | HK$120.4b | HK$4.9b | 7.5x | 15.2x | 0.6x |
| Mon, 19 Jun 2023 | HK$75.1b | HK$122.1b | HK$5.0b | 7.8x | 15.2x | 0.6x |
| Wed, 17 May 2023 | HK$77.2b | HK$123.6b | HK$6.0b | 8.4x | 12.9x | 0.6x |
| Fri, 14 Apr 2023 | HK$76.2b | HK$124.2b | HK$6.0b | 7.7x | 12.7x | 0.6x |
| Sun, 12 Mar 2023 | HK$77.3b | HK$137.7b | HK$10.0b | 6x | 7.7x | 0.6x |
| Tue, 07 Feb 2023 | HK$81.4b | HK$138.4b | HK$10.1b | 6.3x | 8.1x | 0.6x |
| Thu, 05 Jan 2023 | HK$80.2b | HK$136.9b | HK$10.0b | 5.7x | 8x | 0.6x |
| Sat, 03 Dec 2022 | HK$77.4b | HK$135.7b | HK$9.9b | 6.6x | 7.8x | 0.6x |
| Mon, 31 Oct 2022 | HK$66.8b | HK$135.2b | HK$10.1b | 7.2x | 6.6x | 0.5x |
| Wed, 28 Sep 2022 | HK$79.9b | HK$133.8b | HK$9.7b | 7.9x | 8.2x | 0.6x |
| Fri, 26 Aug 2022 | HK$93.1b | HK$133.3b | HK$10.0b | 11.9x | 9.3x | 0.7x |
| Sun, 24 Jul 2022 | HK$95.8b | HK$138.4b | HK$11.2b | 10.8x | 8.6x | 0.7x |
| Tue, 21 Jun 2022 | HK$95.7b | HK$138.0b | HK$11.5b | 8.5x | 8.3x | 0.7x |
| Thu, 19 May 2022 | HK$97.8b | HK$137.9b | HK$11.5b | 8.5x | 8.5x | 0.7x |
| Sat, 16 Apr 2022 | HK$112.2b | HK$139.9b | HK$11.7b | 11x | 9.6x | 0.8x |
| Mon, 14 Mar 2022 | HK$97.5b | HK$137.2b | HK$11.4b | 8.5x | 8.6x | 0.7x |
| Wed, 09 Feb 2022 | HK$104.3b | HK$133.6b | HK$11.4b | 10.1x | 9.2x | 0.8x |
| Fri, 07 Jan 2022 | HK$107.6b | HK$133.6b | HK$11.4b | n/a | 9.5x | 0.8x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are pessimistic on the Hong Kong Commercial Services 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 6.6x which is lower than its 3-year average PE of 10.0x.
- The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 5.5% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.0% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 2.11% | |
| Industrials | 2.80% | |
| Commercial Services | -0.48% | |
| Office Services and Supplies | 45.00% | |
| Commercial Printing | 1.27% | |
| Environmental and Facilities Services | 1.17% | |
| Security and Alarm Services | -1.13% | |
| Diversified Support Services | -5.27% | |
Industry PE
- Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 4.1% over the next 5 years.
- This is better than its past earnings decline of 8.5% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings decline by 45% 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 | |
|---|---|---|---|---|---|
| 1330 Dynagreen Environmental Protection Group | HK$3.59 | 2.9% +HK$139.3m | 52.8% | PE7.9x | |
| 6959 Changjiu Holdings | HK$4.61 | 17.3% +HK$137.5m | n/a | PE7.1x | |
| 1153 Jiayuan Services Holdings | HK$0.49 | 52.3% +HK$104.0m | n/a | PS0.3x | |
| 3989 Capital Environment Holdings | HK$0.092 | 7.0% +HK$85.8m | -15.6% | PE4x | |
| 1483 Net-a-Go Technology | HK$1.20 | 9.1% +HK$79.5m | 3.4% | PS4.6x |