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Hong Kong (HSI) Commercial Services Industry Analysis

UpdatedSep 11, 2024
DataAggregated Company Financials
Companies68
  • 7D-2.4%
  • 3M-24.6%
  • 1Y-2.5%
  • YTD-3.3%

Over the last 7 days, the Commercial Services industry has dropped 2.4%, driven by TUHU Car declining 8.1%. Meanwhile, Xi'an Kingfar Property Services actually outperformed within the industry, gaining 38% in the last week. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to decline by 12% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Sep 2024HK$81.2bHK$128.7bHK$13.6b8.1x6x0.6x
Fri, 09 Aug 2024HK$81.8bHK$128.4bHK$14.2b8x5.8x0.6x
Sun, 07 Jul 2024HK$91.8bHK$126.9bHK$13.9b8x6.6x0.7x
Tue, 04 Jun 2024HK$114.4bHK$128.2bHK$13.5b6.6x8.5x0.9x
Thu, 02 May 2024HK$93.3bHK$127.6bHK$13.5b6.3x6.9x0.7x
Sat, 30 Mar 2024HK$82.9bHK$127.1bHK$13.6b7x6.1x0.7x
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
Price to Earnings Ratio

9.5x


Total Market Cap: HK$106.6bTotal Earnings: HK$11.3bTotal Revenue: HK$133.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Commercial Services Industry Price to Earnings3Y Average 10.2x202220232024
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 6.0x which is lower than its 3-year average PE of 10.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 6.6% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

HK Market-3.78%
Industrials-3.84%
Commercial Services-2.36%
Office Services and Supplies46.51%
Security and Alarm Services1.22%
Commercial Printing-0.19%
Environmental and Facilities Services-1.35%
Diversified Support Services-5.49%
Industry PE
  • Investors are most optimistic about the Environmental and Facilities Services industry which is trading above its 3-year average PE ratio of 9.0x.
    • Analysts are expecting annual earnings growth of 7.3%, which is higher than its past year's earnings decline of 16.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 7.3% over the next 5 years.
  • This is better than its past earnings decline of 17% 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?

CompanyLast Price7D1YValuation
1354 Xi'an Kingfar Property ServicesHK$27.657.2%
+HK$123.3m
n/aPE30.7x
6959 Changjiu HoldingsHK$8.183.5%
+HK$56.6m
n/aPE12.2x
2521 Shenghui Cleanness Group HoldingsHK$0.408.2%
+HK$48.8m
n/aPE25.7x
309 Xinhua News Media HoldingsHK$0.06141.9%
+HK$34.8m
60.5%PS0.4x
1867 Standard Development GroupHK$0.2310.0%
+HK$31.4m
-20.7%PS0.7x
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Latest News

6677

HK$0.44

Sino-Ocean Service Holding

7D

3.5%

1Y

-58.1%

8370

HK$0.76

Zhi Sheng Group Holdings

7D

46.2%

1Y

-5.0%

1127

HK$1.39

Lion Rock Group

7D

-3.1%

1Y

29.4%

2521

HK$0.40

Shenghui Cleanness Group Holdings

7D

8.2%

1Y

n/a

1354

HK$27.65

Xi'an Kingfar Property Services

7D

7.2%

1Y

n/a

1172

HK$0.03

Magnus Concordia Group

7D

11.1%

1Y

-41.2%

6959

HK$8.18

Changjiu Holdings

7D

3.5%

1Y

n/a

257

HK$3.31

China Everbright Environment Group

7D

-8.6%

1Y

16.1%

9690

HK$16.08

TUHU Car

7D

-8.3%

1Y

n/a

1855

HK$8.10

ZONQING Environmental

7D

-1.2%

1Y

5.9%

1867

HK$0.23

Standard Development Group

7D

10.0%

1Y

-20.7%