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Hong Kong (HSI) Commercial Services Industry Analysis
UpdatedNov 11, 2025
DataAggregated Company Financials
Companies67
- 7D1.6%
- 3M1.6%
- 1Y13.2%
- YTD15.1%
Over the last 7 days, the Commercial Services industry has risen 1.6%, driven by gains from China Everbright Environment Group of 4.1%. During this same period, the ZONQING Environmental underperformed, falling 13%. This means that the industry has gained 13% over the past year. 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 |
|---|---|---|---|---|---|---|
| Wed, 12 Nov 2025 | HK$98.3b | HK$112.1b | HK$5.6b | 10.1x | 17.7x | 0.9x |
| Fri, 10 Oct 2025 | HK$96.3b | HK$112.1b | HK$5.6b | 9.6x | 17.2x | 0.9x |
| Sun, 07 Sep 2025 | HK$96.8b | HK$112.2b | HK$5.6b | 10.2x | 17.2x | 0.9x |
| Tue, 05 Aug 2025 | HK$92.9b | HK$110.8b | HK$6.4b | 11.2x | 14.6x | 0.8x |
| Thu, 03 Jul 2025 | HK$91.4b | HK$111.0b | HK$6.4b | 10.8x | 14.3x | 0.8x |
| Sat, 31 May 2025 | HK$93.7b | HK$127.1b | HK$6.4b | 11x | 14.7x | 0.7x |
| Mon, 28 Apr 2025 | HK$86.3b | HK$124.9b | HK$6.2b | 10.2x | 13.9x | 0.7x |
| Wed, 26 Mar 2025 | HK$86.7b | HK$126.2b | HK$6.3b | 8.2x | 13.7x | 0.7x |
| Fri, 21 Feb 2025 | HK$81.5b | HK$126.2b | HK$13.4b | 7.1x | 6.1x | 0.6x |
| Sun, 19 Jan 2025 | HK$81.9b | HK$125.7b | HK$13.4b | 7x | 6.1x | 0.7x |
| Tue, 17 Dec 2024 | HK$89.3b | HK$126.0b | HK$13.4b | 7.7x | 6.7x | 0.7x |
| Thu, 14 Nov 2024 | HK$88.8b | HK$127.4b | HK$13.6b | 7.4x | 6.5x | 0.7x |
| Sat, 12 Oct 2024 | HK$89.6b | HK$128.9b | HK$13.7b | 9x | 6.5x | 0.7x |
| Mon, 09 Sep 2024 | HK$82.7b | HK$129.3b | HK$13.7b | 8.3x | 6x | 0.6x |
| Wed, 07 Aug 2024 | HK$83.0b | HK$128.7b | HK$14.2b | 7.9x | 5.8x | 0.6x |
| Fri, 05 Jul 2024 | HK$92.3b | HK$126.7b | HK$13.9b | 8x | 6.7x | 0.7x |
| Sun, 02 Jun 2024 | HK$116.1b | HK$128.3b | HK$13.5b | 6.6x | 8.6x | 0.9x |
| Tue, 30 Apr 2024 | HK$92.5b | HK$128.0b | HK$13.6b | 6.3x | 6.8x | 0.7x |
| Thu, 28 Mar 2024 | HK$82.4b | HK$128.0b | HK$13.8b | 6.9x | 6x | 0.6x |
| Sat, 24 Feb 2024 | HK$64.8b | HK$112.4b | HK$4.3b | 6.3x | 15.1x | 0.6x |
| Mon, 22 Jan 2024 | HK$62.9b | HK$113.8b | HK$4.5b | 6.8x | 14.1x | 0.6x |
| Wed, 20 Dec 2023 | HK$64.3b | HK$114.0b | HK$4.4b | 5.9x | 14.5x | 0.6x |
| Fri, 17 Nov 2023 | HK$67.7b | HK$112.8b | HK$4.3b | 6.6x | 15.7x | 0.6x |
| Sun, 15 Oct 2023 | HK$68.5b | HK$112.8b | HK$4.4b | 6.2x | 15.6x | 0.6x |
| Tue, 12 Sep 2023 | HK$71.3b | HK$112.8b | HK$4.5b | 6.7x | 15.9x | 0.6x |
| Thu, 10 Aug 2023 | HK$75.8b | HK$120.3b | HK$4.9b | 7.9x | 15.6x | 0.6x |
| Sat, 08 Jul 2023 | HK$72.7b | HK$120.2b | HK$4.9b | 7.7x | 14.8x | 0.6x |
| Mon, 05 Jun 2023 | HK$73.4b | HK$122.5b | HK$5.0b | 7.6x | 14.8x | 0.6x |
| Wed, 03 May 2023 | HK$75.8b | HK$123.9b | HK$6.0b | 8x | 12.7x | 0.6x |
| Fri, 31 Mar 2023 | HK$75.9b | HK$131.2b | HK$7.8b | 7.3x | 9.8x | 0.6x |
| Sun, 26 Feb 2023 | HK$78.8b | HK$137.4b | HK$10.0b | 6.3x | 7.9x | 0.6x |
| Tue, 24 Jan 2023 | HK$82.9b | HK$138.3b | HK$10.1b | 6.4x | 8.2x | 0.6x |
| Thu, 22 Dec 2022 | HK$76.6b | HK$136.2b | HK$9.9b | 5.6x | 7.7x | 0.6x |
| Sat, 19 Nov 2022 | HK$75.8b | HK$135.0b | HK$10.0b | 6.6x | 7.6x | 0.6x |
Price to Earnings Ratio
7.6x
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 17.7x which is higher than its 3-year average PE of 11.3x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
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 6.0% 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 | 3.21% | |
| Industrials | 3.84% | |
| Commercial Services | 1.65% | |
| Commercial Printing | 3.73% | |
| Security and Alarm Services | 3.14% | |
| Environmental and Facilities Services | 2.16% | |
| Diversified Support Services | -0.038% | |
| Office Services and Supplies | -0.45% | |
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 | |
|---|---|---|---|---|---|
| 257 China Everbright Environment Group | HK$5.07 | 4.1% +HK$1.2b | 41.6% | PE10x | |
| 3316 Binjiang Service Group | HK$25.76 | 4.3% +HK$293.0m | 40.8% | PE11.3x | |
| 1481 Smart Globe Holdings | HK$1.45 | 10.7% +HK$142.8m | 168.5% | PE706.3x | |
| 2521 Shenghui Cleanness Group Holdings | HK$0.46 | 16.7% +HK$126.7m | 18.2% | PE17.3x | |
| 6959 Changjiu Holdings | HK$6.23 | 7.2% +HK$84.7m | 21.4% | PE6.8x |
