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Hong Kong (HSI) Electrical Industry Analysis
UpdatedSep 06, 2024
DataAggregated Company Financials
Companies32
- 7D-10.5%
- 3M-16.0%
- 1Y-15.2%
- YTD-9.6%
Over the last 7 days, the Electrical industry has dropped 11%, driven by a pullback from Sanergy Group of 96%. On the other hand Sino-Synergy Hydrogen Energy Technology (Jiaxing) is actually up 14%. The industry has fallen 18% in the last year. Earnings are forecast to grow by 49% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 06 Sep 2024 | HK$171.2b | HK$347.8b | -HK$2,062,577,248.76 | 8.8x | -83x | 0.5x |
| Sun, 04 Aug 2024 | HK$196.9b | HK$339.2b | -HK$705,982,586.59 | 8.7x | -278.9x | 0.6x |
| Tue, 02 Jul 2024 | HK$196.5b | HK$334.4b | -HK$629,202,272.75 | 9.6x | -312.4x | 0.6x |
| Thu, 30 May 2024 | HK$202.1b | HK$335.3b | -HK$627,040,512.28 | 10.5x | -322.4x | 0.6x |
| Sat, 27 Apr 2024 | HK$193.6b | HK$337.5b | HK$2.0b | 9.2x | 96.2x | 0.6x |
| Mon, 25 Mar 2024 | HK$186.5b | HK$335.6b | HK$1.6b | 7.7x | 117.2x | 0.6x |
| Wed, 21 Feb 2024 | HK$185.0b | HK$336.9b | HK$1.7b | 6.7x | 107.8x | 0.5x |
| Fri, 19 Jan 2024 | HK$190.9b | HK$358.3b | HK$1.9b | 7x | 102x | 0.5x |
| Sun, 17 Dec 2023 | HK$195.0b | HK$361.0b | HK$1.9b | 7.2x | 103.1x | 0.5x |
| Tue, 14 Nov 2023 | HK$152.7b | HK$335.6b | HK$2.5b | 9x | 60.6x | 0.5x |
| Thu, 12 Oct 2023 | HK$154.0b | HK$335.7b | HK$1.7b | 9.3x | 93.3x | 0.5x |
| Sat, 09 Sep 2023 | HK$157.8b | HK$334.9b | HK$1.7b | 10.5x | 93.5x | 0.5x |
| Mon, 07 Aug 2023 | HK$169.7b | HK$329.8b | HK$332.4m | 10x | 510.4x | 0.5x |
| Wed, 05 Jul 2023 | HK$169.5b | HK$328.6b | HK$401.5m | 10.4x | 422x | 0.5x |
| Fri, 02 Jun 2023 | HK$168.4b | HK$332.2b | HK$361.4m | 9.9x | 465.9x | 0.5x |
| Sun, 30 Apr 2023 | HK$176.1b | HK$341.5b | HK$333.1m | 10.3x | 528.7x | 0.5x |
| Tue, 28 Mar 2023 | HK$181.6b | HK$339.7b | -HK$11,019,569,760.00 | 9.4x | -16.5x | 0.5x |
| Thu, 23 Feb 2023 | HK$184.4b | HK$338.8b | -HK$11,182,218,713.00 | 13.2x | -16.5x | 0.5x |
| Sat, 21 Jan 2023 | HK$183.8b | HK$342.3b | -HK$11,434,326,714.00 | 10.8x | -16.1x | 0.5x |
| Mon, 19 Dec 2022 | HK$167.6b | HK$331.6b | -HK$11,051,235,734.00 | 9.7x | -15.2x | 0.5x |
| Wed, 16 Nov 2022 | HK$256.0b | HK$347.2b | -HK$8,319,446,338.00 | 12.6x | -30.8x | 0.7x |
| Fri, 14 Oct 2022 | HK$233.2b | HK$343.1b | -HK$7,538,644,287.00 | 13.7x | -30.9x | 0.7x |
| Sun, 11 Sep 2022 | HK$273.2b | HK$355.2b | -HK$7,357,632,411.00 | 14.5x | -37.1x | 0.8x |
| Tue, 09 Aug 2022 | HK$233.3b | HK$375.2b | -HK$12,849,371,891.00 | 12.2x | -18.2x | 0.6x |
| Thu, 07 Jul 2022 | HK$235.3b | HK$377.2b | -HK$12,930,446,734.00 | 12.1x | -18.2x | 0.6x |
| Sat, 04 Jun 2022 | HK$229.2b | HK$394.2b | -HK$13,997,970,451.00 | 11.9x | -16.4x | 0.6x |
| Mon, 02 May 2022 | HK$195.9b | HK$392.2b | -HK$13,077,638,987.00 | 10.2x | -15x | 0.5x |
| Wed, 30 Mar 2022 | HK$241.7b | HK$420.9b | HK$371.5m | 7.5x | 650.6x | 0.6x |
| Fri, 25 Feb 2022 | HK$276.2b | HK$428.7b | HK$5.5b | 6.5x | 49.9x | 0.6x |
| Sun, 23 Jan 2022 | HK$286.3b | HK$426.1b | HK$5.5b | 7.1x | 51.8x | 0.7x |
| Tue, 21 Dec 2021 | HK$313.2b | HK$424.6b | HK$5.5b | 6.4x | 56.7x | 0.7x |
| Thu, 18 Nov 2021 | HK$299.9b | HK$422.4b | HK$5.6b | 6.9x | 54x | 0.7x |
| Sat, 16 Oct 2021 | HK$261.5b | HK$416.4b | HK$6.0b | 7x | 43.3x | 0.6x |
| Mon, 13 Sep 2021 | HK$272.5b | HK$414.5b | HK$5.7b | 9.2x | 47.4x | 0.7x |
Price to Earnings Ratio
47.4x
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 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 5.8% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -3.01% | |
| Industrials | -3.25% | |
| Electrical | -10.52% | |
| Heavy Electrical Equipment | -0.92% | |
| Electrical Components | -23.63% | |
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 22% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 30% 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 | |
|---|---|---|---|---|---|
| 9663 Sino-Synergy Hydrogen Energy Technology (Jiaxing) | HK$18.24 | 14.0% +HK$1.2b | n/a | PS12.3x | |
| 666 REPT BATTERO Energy | HK$14.68 | 3.4% +HK$1.1b | n/a | PS2.1x | |
| 2727 Shanghai Electric Group | HK$1.53 | 4.8% +HK$1.1b | -14.0% | PE73.2x | |
| 8132 Century Energy International Holdings | HK$0.065 | 18.2% +HK$26.9m | -45.8% | PS0.3x | |
| 8328 Xinyi Electric Storage Holdings | HK$1.09 | 2.8% +HK$23.6m | -52.4% | PE10.5x |