Hong Kong (HSI) Commercial Services Industry Analysis

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
Fri, 14 Aug 2026	HK$92.4b	HK$117.6b	HK$5.2b	10.1x	17.8x	0.8x
Sun, 12 Jul 2026	HK$89.7b	HK$117.2b	HK$5.2b	9.4x	17.3x	0.8x
Tue, 09 Jun 2026	HK$93.9b	HK$117.4b	HK$5.2b	7.8x	18x	0.8x
Thu, 07 May 2026	HK$101.5b	HK$117.0b	HK$5.3b	8.9x	19.3x	0.9x
Sat, 04 Apr 2026	HK$97.2b	HK$116.3b	HK$5.0b	9.7x	19.4x	0.8x
Mon, 02 Mar 2026	HK$98.8b	HK$116.0b	HK$5.8b	9.7x	17.1x	0.9x
Wed, 28 Jan 2026	HK$96.0b	HK$114.8b	HK$5.7b	9.4x	16.8x	0.8x
Fri, 26 Dec 2025	HK$93.5b	HK$113.7b	HK$5.6b	9.7x	16.7x	0.8x
Sun, 23 Nov 2025	HK$93.6b	HK$112.1b	HK$5.6b	9.7x	16.8x	0.8x
Tue, 21 Oct 2025	HK$95.3b	HK$112.0b	HK$5.6b	9.6x	17.1x	0.9x
Thu, 18 Sep 2025	HK$99.2b	HK$112.3b	HK$5.7b	10.2x	17.5x	0.9x
Sat, 16 Aug 2025	HK$93.4b	HK$110.6b	HK$6.4b	11.5x	14.7x	0.8x
Mon, 14 Jul 2025	HK$94.0b	HK$110.9b	HK$6.4b	10.5x	14.8x	0.8x
Wed, 11 Jun 2025	HK$94.4b	HK$127.2b	HK$6.4b	10.9x	14.8x	0.7x
Fri, 09 May 2025	HK$89.9b	HK$126.2b	HK$6.3b	10.4x	14.3x	0.7x
Sun, 06 Apr 2025	HK$87.0b	HK$125.6b	HK$6.0b	10.7x	14.6x	0.7x
Tue, 04 Mar 2025	HK$81.9b	HK$126.0b	HK$13.4b	7x	6.1x	0.7x
Thu, 30 Jan 2025	HK$80.3b	HK$126.4b	HK$13.5b	7.5x	6x	0.6x
Sat, 28 Dec 2024	HK$88.2b	HK$125.7b	HK$13.4b	7.2x	6.6x	0.7x
Mon, 25 Nov 2024	HK$86.3b	HK$127.1b	HK$13.6b	7.1x	6.4x	0.7x
Wed, 23 Oct 2024	HK$88.7b	HK$128.4b	HK$13.7b	8.3x	6.5x	0.7x
Fri, 20 Sep 2024	HK$81.5b	HK$129.2b	HK$13.7b	8x	5.9x	0.6x
Sun, 18 Aug 2024	HK$84.1b	HK$128.4b	HK$14.2b	8x	5.9x	0.7x
Tue, 16 Jul 2024	HK$89.7b	HK$126.9b	HK$13.9b	8x	6.5x	0.7x
Thu, 13 Jun 2024	HK$116.1b	HK$128.1b	HK$14.0b	6.2x	8.3x	0.9x
Sat, 11 May 2024	HK$100.6b	HK$127.9b	HK$13.6b	6.7x	7.4x	0.8x
Mon, 08 Apr 2024	HK$87.2b	HK$128.2b	HK$13.7b	6.7x	6.3x	0.7x
Wed, 06 Mar 2024	HK$63.4b	HK$111.8b	HK$4.3b	6.9x	14.8x	0.6x
Fri, 02 Feb 2024	HK$63.9b	HK$113.7b	HK$4.5b	6.2x	14.3x	0.6x
Sun, 31 Dec 2023	HK$66.5b	HK$114.4b	HK$4.4b	6.2x	15x	0.6x
Tue, 28 Nov 2023	HK$66.8b	HK$113.3b	HK$4.3b	5.9x	15.5x	0.6x
Thu, 26 Oct 2023	HK$68.4b	HK$112.7b	HK$4.4b	6.3x	15.6x	0.6x
Sat, 23 Sep 2023	HK$71.2b	HK$112.7b	HK$4.5b	7x	15.8x	0.6x
Mon, 21 Aug 2023	HK$73.4b	HK$119.3b	HK$4.9b	7.5x	14.9x	0.6x

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 17.8x which is higher than its 3-year average PE of 12.9x.

The industry is trading close to its 3-year average PS ratio of 0.73x.

Past Earnings Growth

Both revenue and earnings for companies in the Commercial Services industry have remained mostly flat over the last three years.
This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Industrials industry?


HK Market	-0.52%
Industrials	-0.23%
Commercial Services	-0.28%
Office Services and Supplies	7.53%
Security and Alarm Services	7.18%
Diversified Support Services	2.35%
Environmental and Facilities Services	-1.12%
Commercial Printing	-2.61%

Industry PE

Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 0.028x.

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 14% over the next 5 years.
This is better than its past earnings decline of 9.9% per year.

In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 7.3% 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$4.98	1.7% +HK$522.2m	19.0%	PE7.8x
1417 Riverine China Holdings	HK$8.23	14.6% +HK$425.3m	3,640.9%	PS2.7x
6805 Kimou Environmental Holding	HK$2.85	7.5% +HK$221.6m	50.8%	PE20.1x
9690 TUHU Car	HK$11.77	1.3% +HK$119.2m	-36.6%	PE19.1x
154 Beijing Enterprises Environment Group	HK$0.42	5.0% +HK$30.0m	-33.3%	PE2.3x

Company

Last Price

Valuation

257 China Everbright Environment Group

HK$4.98

1.7%
+HK$522.2m

19.0%

PE7.8x

1417 Riverine China Holdings

HK$8.23

14.6%
+HK$425.3m

3,640.9%

PS2.7x

6805 Kimou Environmental Holding

HK$2.85

7.5%
+HK$221.6m

50.8%

PE20.1x

9690 TUHU Car

HK$11.77

1.3%
+HK$119.2m

-36.6%

PE19.1x

154 Beijing Enterprises Environment Group

HK$0.42

5.0%
+HK$30.0m

-33.3%

PE2.3x

Lucky Yang Limited acquired 19.08% stake in Riverine China Holdings Limited (SEHK:1417) from Xiao Xingtao, Chen Yao and Fu Qichang for HKD 40.1 million.

Lucky Yang Limited acquired 19.08% stake in Riverine China Holdings Limited (SEHK:1417) from Xiao Xingtao, Chen Yao and Fu Qichang for HKD 40.1 million on June 15, 2026. A cash consideration of HKD 40.11 million valued at HKD 0.519 per share will be paid by Lucky Yang Limited. As part of consideration, HKD 40.11 million is paid towards common equity of Riverine China Holdings Limited. In a related transaction, Youmi Investment Limited acquired 55.03% stake in Riverine China Holdings Limited from Xiao Xingtao, Chen Yao and Fu Qichang for approximately HKD 120 million. On completion, Youmi Investment Limited and the party acting in concert hold a total of 300.17 million Shares (comprising 222.890 million Shares which the Offeror holds and 77.28 million Shares which Lucky Yang holds), representing approximately 74.12% in aggregate of the total issued share capital of Riverine China Holdings Limited. Pursuant to Rule 26.1 of the Takeovers Code, the Offeror is required to make the mandatory unconditional cash offer to acquire all of the Shares in the issued share capital of the Company. The Offeror intends to maintain the listing of the Shares on the Stock Exchange following the close of the Offer and will take appropriate steps as soon as possible following the close of the Offer to ensure that a sufficient public float exists for the Shares. Lucky Yang Limited completed the acquisition of 19.08% stake in Riverine China Holdings Limited (SEHK:1417) from Xiao Xingtao, Chen Yao and Fu Qichang on June 15, 2026.

Hong Kong (HSI) Commercial Services Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Shenghui Cleanness Group Holdings Limited to Report First Half, 2026 Results on Aug 27, 2026

Kimou Environmental Holding Limited to Report First Half, 2026 Results on Aug 21, 2026

Binjiang Service Group Co. Ltd. to Report First Half, 2026 Results on Aug 20, 2026

Less than half of directors are independent

TUHU Car Inc. to Report First Half, 2026 Results on Aug 21, 2026

Datang Environment Industry Group Co., Ltd. Announces Resignation of Pang Xiaojin as A Non-Executive Director, Effective August 28, 2026

Hong Kong Johnson Holdings Co., Ltd., Annual General Meeting, Sep 03, 2026

Upcoming dividend of HK$0.092 per share

China Everbright Environment Group Limited to Report First Half, 2026 Results on Aug 28, 2026

Dynagreen Environmental Protection Group Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026

Sino-Ocean Service Holding (HKG:6677) Is In A Good Position To Deliver On Growth Plans

New minor risk - Share price stability

Lucky Yang Limited acquired 19.08% stake in Riverine China Holdings Limited (SEHK:1417) from Xiao Xingtao, Chen Yao and Fu Qichang for HKD 40.1 million.

Zhi Sheng Group Holdings Limited announced that it expects to receive HKD 117.75 million in funding

EDICO Holdings Limited to Report First Half, 2026 Results on May 29, 2026

Beijing Enterprises Environment Group Limited, Annual General Meeting, May 26, 2026