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Hong Kong (HSI) Commercial Services Industry Analysis
UpdatedJan 06, 2026
DataAggregated Company Financials
Companies67
- 7D-1.0%
- 3M-1.9%
- 1Y11.2%
- YTD-0.4%
Over the last 7 days, the Commercial Services industry has dropped 1.0%, driven by a pullback from China Everbright Environment Group of 5.7%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 15% annually.
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, 06 Jan 2026 | HK$92.2b | HK$114.1b | HK$5.6b | 9.3x | 16.4x | 0.8x |
| Thu, 04 Dec 2025 | HK$94.0b | HK$113.3b | HK$5.6b | 10x | 16.8x | 0.8x |
| Sat, 01 Nov 2025 | HK$96.2b | HK$112.2b | HK$5.6b | 9.6x | 17.3x | 0.9x |
| Mon, 29 Sep 2025 | HK$93.8b | HK$111.6b | HK$5.6b | 9.3x | 16.8x | 0.8x |
| Wed, 27 Aug 2025 | HK$97.6b | HK$110.8b | HK$6.2b | 11.3x | 15.8x | 0.9x |
| Fri, 25 Jul 2025 | HK$96.3b | HK$111.1b | HK$6.4b | 10.8x | 15.1x | 0.9x |
| Sun, 22 Jun 2025 | HK$92.5b | HK$127.3b | HK$6.4b | 10.8x | 14.5x | 0.7x |
| Tue, 20 May 2025 | HK$90.9b | HK$126.7b | HK$6.3b | 10.5x | 14.4x | 0.7x |
| Thu, 17 Apr 2025 | HK$84.0b | HK$125.3b | HK$6.0b | 9x | 14.1x | 0.7x |
| Sat, 15 Mar 2025 | HK$84.8b | HK$126.4b | HK$13.4b | 6.8x | 6.3x | 0.7x |
| Mon, 10 Feb 2025 | HK$81.0b | HK$126.1b | HK$13.4b | 7.5x | 6x | 0.6x |
| Wed, 08 Jan 2025 | HK$84.9b | HK$125.7b | HK$13.3b | 7.4x | 6.4x | 0.7x |
| Fri, 06 Dec 2024 | HK$88.1b | HK$126.2b | HK$13.4b | 6.7x | 6.6x | 0.7x |
| Sun, 03 Nov 2024 | HK$88.0b | HK$128.2b | HK$13.7b | 8.3x | 6.4x | 0.7x |
| Tue, 01 Oct 2024 | HK$91.7b | HK$129.4b | HK$13.8b | 7.8x | 6.6x | 0.7x |
| Thu, 29 Aug 2024 | HK$81.9b | HK$128.8b | HK$14.0b | 8.4x | 5.9x | 0.6x |
| Sat, 27 Jul 2024 | HK$84.7b | HK$127.9b | HK$14.0b | 7.9x | 6.1x | 0.7x |
| Mon, 24 Jun 2024 | HK$105.4b | HK$128.0b | HK$14.0b | 6.9x | 7.5x | 0.8x |
| Wed, 22 May 2024 | HK$105.8b | HK$127.7b | HK$13.5b | 6.5x | 7.8x | 0.8x |
| Fri, 19 Apr 2024 | HK$88.5b | HK$128.1b | HK$13.7b | 6.6x | 6.4x | 0.7x |
| Sun, 17 Mar 2024 | HK$65.6b | HK$111.8b | HK$4.3b | 6.5x | 15.3x | 0.6x |
| Tue, 13 Feb 2024 | HK$62.1b | HK$112.4b | HK$4.3b | 6.5x | 14.5x | 0.6x |
| Thu, 11 Jan 2024 | HK$66.3b | HK$114.0b | HK$4.4b | 6.6x | 14.9x | 0.6x |
| Sat, 09 Dec 2023 | HK$64.7b | HK$113.9b | HK$4.4b | 6.2x | 14.6x | 0.6x |
| Mon, 06 Nov 2023 | HK$68.1b | HK$112.8b | HK$4.3b | 5.8x | 15.7x | 0.6x |
| Wed, 04 Oct 2023 | HK$70.2b | HK$112.7b | HK$4.4b | 6.6x | 16x | 0.6x |
| Fri, 01 Sep 2023 | HK$71.9b | HK$113.1b | HK$4.6b | 6.9x | 15.8x | 0.6x |
| Sun, 30 Jul 2023 | HK$76.9b | HK$120.5b | HK$4.9b | 7.7x | 15.8x | 0.6x |
| Tue, 27 Jun 2023 | HK$72.1b | HK$121.8b | HK$5.0b | 7.8x | 14.5x | 0.6x |
| Thu, 25 May 2023 | HK$74.4b | HK$123.3b | HK$6.0b | 7.8x | 12.4x | 0.6x |
| Sat, 22 Apr 2023 | HK$75.3b | HK$124.1b | HK$6.0b | 7.9x | 12.5x | 0.6x |
| Mon, 20 Mar 2023 | HK$77.1b | HK$137.6b | HK$10.0b | 6.4x | 7.7x | 0.6x |
| Wed, 15 Feb 2023 | HK$81.4b | HK$138.3b | HK$10.1b | 6.5x | 8.1x | 0.6x |
| Fri, 13 Jan 2023 | HK$81.3b | HK$137.7b | HK$10.0b | 6x | 8.1x | 0.6x |
Price to Earnings Ratio
8.1x
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 16.4x which is higher than its 3-year average PE of 11.7x.
- 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 18% per year over the last three years,
- Revenues have also declined 6.1% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 1.54% | |
| Industrials | 0.98% | |
| Commercial Services | -1.05% | |
| Office Services and Supplies | 6.22% | |
| Commercial Printing | 5.54% | |
| Diversified Support Services | 0.66% | |
| Environmental and Facilities Services | -2.11% | |
| Security and Alarm Services | -4.38% | |
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 Diversified Support Services industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 8.3% per year.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| 9690 TUHU Car | HK$16.34 | 4.2% +HK$541.5m | -11.0% | PE23.8x | |
| 2521 Shenghui Cleanness Group Holdings | HK$0.73 | 21.7% +HK$253.5m | 105.6% | PE27.1x | |
| 1330 Dynagreen Environmental Protection Group | HK$5.31 | 2.3% +HK$167.2m | 58.5% | PE9.4x | |
| 8370 Zhi Sheng Group Holdings | HK$5.70 | 11.8% +HK$92.3m | 96.6% | PS11.3x | |
| 1481 Smart Globe Holdings | HK$1.88 | 4.4% +HK$81.6m | 229.8% | PE915.8x |
