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Hong Kong (HSI) Electrical Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies32
  • 7D2.6%
  • 3M1.1%
  • 1Y-27.6%
  • YTD-5.2%

In the last week, the Electrical industry is up 2.6%, with Shanghai Electric Group up 1.3%. In the same time, REPT BATTERO Energy was down 23%. In contrast, the industry has lost 28% in the last 12 months. Looking forward, earnings are forecast to grow by 65% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$188.9bHK$337.4bHK$1.7b7.5x111.7x0.6x
Wed, 14 Feb 2024HK$185.2bHK$337.0bHK$1.7b6.2x107.8x0.5x
Fri, 12 Jan 2024HK$192.3bHK$359.7bHK$1.9b7.1x102.2x0.5x
Sun, 10 Dec 2023HK$153.0bHK$340.3bHK$2.4b7.3x64.6x0.4x
Tue, 07 Nov 2023HK$151.9bHK$337.1bHK$2.6b9.2x59.1x0.5x
Thu, 05 Oct 2023HK$154.7bHK$336.2bHK$1.7b9.1x93.6x0.5x
Sat, 02 Sep 2023HK$158.3bHK$340.5bHK$2.1b10.1x74.2x0.5x
Mon, 31 Jul 2023HK$169.5bHK$330.0bHK$403.4m10.3x420.2x0.5x
Wed, 28 Jun 2023HK$165.7bHK$327.9bHK$352.3m10.2x470.2x0.5x
Fri, 26 May 2023HK$167.7bHK$334.6bHK$365.0m10.2x459.5x0.5x
Sun, 23 Apr 2023HK$173.1bHK$347.4bHK$50.8m11x3407.9x0.5x
Tue, 21 Mar 2023HK$181.1bHK$339.2b-HK$11,263,281,550.0013x-16.1x0.5x
Thu, 16 Feb 2023HK$184.7bHK$341.6b-HK$11,280,885,995.0013.2x-16.4x0.5x
Sat, 14 Jan 2023HK$180.7bHK$344.5b-HK$11,511,206,152.0010x-15.7x0.5x
Mon, 12 Dec 2022HK$173.6bHK$332.4b-HK$11,073,790,432.0011.7x-15.7x0.5x
Wed, 09 Nov 2022HK$258.9bHK$342.4b-HK$8,203,380,480.0013.3x-31.6x0.8x
Fri, 07 Oct 2022HK$235.1bHK$345.8b-HK$7,602,452,753.0014x-30.9x0.7x
Sun, 04 Sep 2022HK$253.6bHK$356.5b-HK$7,387,542,936.0013.8x-34.3x0.7x
Tue, 02 Aug 2022HK$230.4bHK$375.9b-HK$12,896,379,953.0012.5x-17.9x0.6x
Thu, 30 Jun 2022HK$235.7bHK$392.1b-HK$13,943,386,014.0012.8x-16.9x0.6x
Sat, 28 May 2022HK$212.0bHK$390.0b-HK$13,836,328,837.0010.8x-15.3x0.5x
Mon, 25 Apr 2022HK$210.2bHK$397.9b-HK$13,386,588,388.009.9x-15.7x0.5x
Wed, 23 Mar 2022HK$258.0bHK$427.8bHK$5.5b5.5x47.2x0.6x
Fri, 18 Feb 2022HK$273.6bHK$427.1bHK$5.5b7.1x49.5x0.6x
Sun, 16 Jan 2022HK$290.9bHK$425.2bHK$5.5b7.4x52.7x0.7x
Tue, 14 Dec 2021HK$322.1bHK$424.9bHK$5.5b6.1x58.3x0.8x
Thu, 11 Nov 2021HK$296.5bHK$422.6bHK$5.5b7.1x54x0.7x
Sat, 09 Oct 2021HK$267.0bHK$416.2bHK$6.0b7.1x44.2x0.6x
Mon, 06 Sep 2021HK$222.2bHK$414.5bHK$5.7b8.5x38.7x0.5x
Wed, 04 Aug 2021HK$226.9bHK$416.3bHK$5.6b9.3x40.3x0.5x
Sat, 08 May 2021HK$210.0bHK$398.5bHK$13.6b9.2x15.5x0.5x
Price to Earnings Ratio

16.3x


Total Market Cap: HK$221.1bTotal Earnings: HK$13.6bTotal Revenue: HK$398.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Electrical Industry Price to Earnings3Y Average 123.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Electrical 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 112x which is lower than its 3-year average PE of 124x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 50% per year over the last three years,
  • Revenues have also declined 5.4% 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 Market1.55%
Industrials1.42%
Electrical2.62%
Electrical Components6.79%
Heavy Electrical Equipment0.67%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 145x.
    • Analysts are expecting annual earnings growth of 99.6%, which is higher than its past year's earnings growth of 27.7% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 1kx.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 100% over the next 5 years.
  • This is better than its past earnings growth rate of 28% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 56% 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
2727 Shanghai Electric GroupHK$1.601.3%
+HK$311.6m
-18.8%PS0.2x
2459 Sanergy GroupHK$3.896.3%
+HK$232.3m
99.5%PS5x
1133 Harbin ElectricHK$2.783.7%
+HK$223.6m
-24.3%PE43.5x
580 Sun.King Technology GroupHK$1.219.0%
+HK$160.7m
-28.8%PE71.5x
8137 Honbridge HoldingsHK$0.295.4%
+HK$146.1m
-61.2%PS12.6x
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Latest News

1685

HK$0.18

Boer Power Holdings

7D

-8.1%

1Y

-37.6%

666

HK$14.56

REPT BATTERO Energy

7D

-23.4%

1Y

n/a

9663

HK$19.46

Sino-Synergy Hydrogen Energy Technology (Jiaxing)

7D

-0.2%

1Y

n/a

1608

HK$0.29

VPower Group International Holdings

7D

-1.7%

1Y

-9.2%

505

HK$1.04

Xingye Alloy Materials Group

7D

5.1%

1Y

4.0%

842

HK$1.36

Leoch International Technology

7D

5.4%

1Y

-37.3%

8137

HK$0.29

Honbridge Holdings

7D

5.4%

1Y

-61.2%

1729

HK$1.51

Time Interconnect Technology

7D

-0.7%

1Y

2.0%

580

HK$1.21

Sun.King Technology Group

7D

9.0%

1Y

-28.8%

2459

HK$3.89

Sanergy Group

7D

6.3%

1Y

99.5%

2727

HK$1.60

Shanghai Electric Group

7D

1.3%

1Y

-18.8%

8328

HK$1.90

Xinyi Electric Storage Holdings

7D

9.8%

1Y

-46.5%

1072

HK$8.71

Dongfang Electric

7D

-1.9%

1Y

-32.5%

607

HK$0.47

Fullshare Holdings

7D

-5.0%

1Y

-92.0%