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Hong Kong (HSI) Electrical Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies35
- 7D-1.9%
- 3M52.6%
- 1Y49.0%
- YTD33.6%
Over the last 7 days, the Electrical industry has dropped 1.8%, driven by Shanghai Electric Group declining 4.2%. In contrast, Honbridge Holdings has gained 43%. In the past year, the industry has gained 44%. As for the next few years, earnings are expected to grow by 41% per annum.
Industry Valuation and Performance
Has the Hong Kong Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$286.7b | HK$343.3b | -HK$1,690,500,517.37 | 10x | -169.6x | 0.8x |
| Sat, 19 Oct 2024 | HK$193.2b | HK$346.2b | -HK$1,726,111,273.24 | 9x | -111.9x | 0.6x |
| Mon, 16 Sep 2024 | HK$168.7b | HK$347.9b | -HK$2,131,404,093.41 | 6.8x | -79.1x | 0.5x |
| Wed, 14 Aug 2024 | HK$195.2b | HK$338.2b | -HK$712,421,312.35 | 8.8x | -274x | 0.6x |
| Fri, 12 Jul 2024 | HK$194.2b | HK$334.5b | -HK$628,983,754.98 | 9.3x | -308.7x | 0.6x |
| Sun, 09 Jun 2024 | HK$196.2b | HK$335.4b | -HK$626,444,641.40 | 10.3x | -313.2x | 0.6x |
| Tue, 07 May 2024 | HK$193.3b | HK$337.0b | -HK$615,150,228.42 | 9.2x | -314.3x | 0.6x |
| Thu, 04 Apr 2024 | HK$159.1b | HK$338.0b | HK$2.0b | 9.1x | 79.2x | 0.5x |
| Sat, 02 Mar 2024 | HK$189.1b | HK$337.5b | HK$1.7b | 7.6x | 114.4x | 0.6x |
| Mon, 29 Jan 2024 | HK$192.6b | HK$360.0b | HK$1.9b | 7x | 102.2x | 0.5x |
| Wed, 27 Dec 2023 | HK$194.0b | HK$360.4b | HK$1.9b | 7.1x | 102.8x | 0.5x |
| Fri, 24 Nov 2023 | HK$153.5b | HK$340.7b | HK$2.6b | 7.8x | 58.7x | 0.5x |
| Sun, 22 Oct 2023 | HK$148.5b | HK$335.4b | HK$1.6b | 8.9x | 90.1x | 0.4x |
| Tue, 19 Sep 2023 | HK$159.3b | HK$336.1b | HK$1.7b | 9.9x | 94.2x | 0.5x |
| Thu, 17 Aug 2023 | HK$158.6b | HK$325.3b | HK$338.4m | 9.7x | 468.5x | 0.5x |
| Sat, 15 Jul 2023 | HK$172.5b | HK$331.3b | HK$405.5m | 10.8x | 425.4x | 0.5x |
| Mon, 12 Jun 2023 | HK$169.5b | HK$331.7b | HK$360.6m | 10.3x | 469.9x | 0.5x |
| Wed, 10 May 2023 | HK$176.1b | HK$340.7b | HK$331.7m | 10.5x | 530.9x | 0.5x |
| Fri, 07 Apr 2023 | HK$179.3b | HK$344.7b | -HK$1,545,859,051.00 | 9.3x | -116x | 0.5x |
| Sun, 05 Mar 2023 | HK$184.3b | HK$338.3b | -HK$11,221,651,551.00 | 12.9x | -16.4x | 0.5x |
| Tue, 31 Jan 2023 | HK$184.6b | HK$344.0b | -HK$11,494,022,301.00 | 11.8x | -16.1x | 0.5x |
| Thu, 29 Dec 2022 | HK$170.3b | HK$331.8b | -HK$11,057,899,737.00 | 9.9x | -15.4x | 0.5x |
| Sat, 26 Nov 2022 | HK$251.6b | HK$342.4b | -HK$8,207,284,941.00 | 14x | -30.7x | 0.7x |
| Mon, 24 Oct 2022 | HK$245.3b | HK$341.3b | -HK$7,269,336,811.00 | 14.4x | -33.7x | 0.7x |
| Wed, 21 Sep 2022 | HK$255.3b | HK$351.3b | -HK$7,270,996,864.00 | 14x | -35.1x | 0.7x |
| Fri, 19 Aug 2022 | HK$240.3b | HK$373.9b | -HK$12,949,858,349.00 | 13.8x | -18.6x | 0.6x |
| Sun, 17 Jul 2022 | HK$241.7b | HK$375.3b | -HK$12,858,847,620.00 | 12.1x | -18.8x | 0.6x |
| Tue, 14 Jun 2022 | HK$227.6b | HK$391.8b | -HK$13,932,255,207.00 | 12.1x | -16.3x | 0.6x |
| Thu, 12 May 2022 | HK$201.6b | HK$388.5b | -HK$13,227,540,749.00 | 10.1x | -15.2x | 0.5x |
| Sat, 09 Apr 2022 | HK$227.8b | HK$406.0b | -HK$13,694,757,786.00 | 10.7x | -16.6x | 0.6x |
| Mon, 07 Mar 2022 | HK$270.7b | HK$429.7b | HK$5.4b | 6.3x | 49.9x | 0.6x |
| Wed, 02 Feb 2022 | HK$276.4b | HK$425.3b | HK$5.5b | 6.9x | 50x | 0.6x |
| Fri, 31 Dec 2021 | HK$322.8b | HK$424.8b | HK$5.5b | 7.2x | 58.5x | 0.8x |
| Sun, 28 Nov 2021 | HK$327.0b | HK$423.1b | HK$5.6b | 6.1x | 58.9x | 0.8x |
Price to Earnings Ratio
58.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Electrical industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- Total earnings for the Electrical industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 6.7% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 0.42% | |
| Industrials | 0.40% | |
| Electrical | -1.94% | |
| Electrical Components | 2.55% | |
| Heavy Electrical Equipment | -3.43% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 106% over the next 5 years.
- This is better than its past earnings growth rate of 7.7% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 29% 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 | |
|---|---|---|---|---|---|
| 2727 Shanghai Electric Group | HK$3.25 | 8.7% +HK$4.1b | 85.7% | PE212x | |
| 8137 Honbridge Holdings | HK$0.68 | 38.8% +HK$1.9b | 70.0% | PS40.8x | |
| 9663 Sino-Synergy Hydrogen Energy Technology (Jiaxing) | HK$18.94 | 4.6% +HK$435.2m | n/a | PS14.7x | |
| 1072 Dongfang Electric | HK$9.83 | 0.7% +HK$218.2m | 27.2% | PE8.7x | |
| 658 China High Speed Transmission Equipment Group | HK$1.07 | 7.0% +HK$114.5m | -43.4% | PS0.07x |
