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Hong Kong (HSI) Electrical Industry Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
Companies32
  • 7D-5.5%
  • 3M-14.8%
  • 1Y-29.3%
  • YTD-28.1%

Over the last 7 days, the Electrical industry has dropped 5.5%, driven by declines in Dongfang Electric and Shanghai Electric Group of 7.3% and 5.8%, respectively. In contrast, Bortex Global has gained 48%. Overall the industry is down 29% in 12 months. Looking forward, earnings are forecast to grow by 59% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023HK$156.9bHK$341.8bHK$2.4b7.3x65.8x0.5x
Thu, 02 Nov 2023HK$149.0bHK$335.0bHK$2.5b9.1x58.6x0.4x
Sat, 30 Sep 2023HK$154.7bHK$336.3bHK$1.7b9.8x91.4x0.5x
Mon, 28 Aug 2023HK$156.6bHK$327.0bHK$799.1m11.3x196x0.5x
Wed, 26 Jul 2023HK$169.6bHK$330.9bHK$404.9m10.2x419x0.5x
Fri, 23 Jun 2023HK$165.9bHK$329.3bHK$354.5m10.6x467.9x0.5x
Sun, 21 May 2023HK$173.3bHK$335.7bHK$366.9m10.4x472.3x0.5x
Tue, 18 Apr 2023HK$182.0bHK$348.5bHK$51.2m10.9x3555.6x0.5x
Thu, 16 Mar 2023HK$186.5bHK$340.0b-HK$11,288,781,238.0012.6x-16.5x0.5x
Sat, 11 Feb 2023HK$185.3bHK$343.0b-HK$11,329,626,127.0012.8x-16.4x0.5x
Mon, 09 Jan 2023HK$179.0bHK$338.7b-HK$11,304,128,531.0010.2x-15.8x0.5x
Wed, 07 Dec 2022HK$174.4bHK$331.6b-HK$11,042,665,112.0011.4x-15.8x0.5x
Fri, 04 Nov 2022HK$243.5bHK$338.4b-HK$8,101,024,917.0011.8x-30.1x0.7x
Sun, 02 Oct 2022HK$233.3bHK$345.9b-HK$7,450,167,233.0016.2x-31.3x0.7x
Tue, 30 Aug 2022HK$264.1bHK$369.8b-HK$13,504,751,857.0015x-19.6x0.7x
Thu, 28 Jul 2022HK$230.7bHK$374.9b-HK$12,857,697,470.0012.3x-17.9x0.6x
Sat, 25 Jun 2022HK$235.5bHK$392.4b-HK$13,958,338,276.0012.6x-16.9x0.6x
Mon, 23 May 2022HK$213.4bHK$392.5b-HK$13,932,719,936.0012.2x-15.3x0.5x
Wed, 20 Apr 2022HK$220.0bHK$405.8b-HK$13,687,742,849.009.9x-16.1x0.5x
Fri, 18 Mar 2022HK$259.5bHK$427.5bHK$5.5b5.2x47.4x0.6x
Sun, 13 Feb 2022HK$268.3bHK$425.7bHK$5.5b7.4x48.6x0.6x
Tue, 11 Jan 2022HK$295.4bHK$424.3bHK$5.5b7.2x53.5x0.7x
Thu, 09 Dec 2021HK$319.5bHK$424.8bHK$5.5b6.1x57.8x0.8x
Sat, 06 Nov 2021HK$295.0bHK$421.6bHK$5.4b7.6x54.2x0.7x
Mon, 04 Oct 2021HK$281.3bHK$416.3bHK$6.0b7.4x46.6x0.7x
Wed, 01 Sep 2021HK$210.8bHK$416.3bHK$5.6b7.9x37.5x0.5x
Thu, 08 Jul 2021HK$209.2bHK$416.3bHK$5.6b8.3x37.2x0.5x
Wed, 31 Mar 2021HK$221.1bHK$398.5bHK$13.6b9.6x16.3x0.6x
Sat, 02 Jan 2021HK$208.7bHK$369.8bHK$12.2b13.5x17.1x0.6x
Price to Earnings Ratio

17.1x


Total Market Cap: HK$208.7bTotal Earnings: HK$12.2bTotal Revenue: HK$369.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Electrical Industry Price to Earnings3Y Average 116.9x20222023
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 65.8x which is lower than its 3-year average PE of 117x.
  • The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 42% per year over the last three years,
  • Revenues have also declined 2.6% 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 Market-3.21%
Industrials-2.18%
Electrical-5.52%
Electrical Components-3.86%
Heavy Electrical Equipment-5.83%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 1kx.
    • Analysts are expecting annual earnings growth of 58.8%, which is higher than its past year's earnings decline of 6.2% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading below its 3-year average of 120x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 59% over the next 5 years.
  • This is better than its past earnings decline of 6.2% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 59% 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
8118 Bortex GlobalHK$0.2947.5%
+HK$47.5m
-37.2%PS3x
1685 Boer Power HoldingsHK$0.224.8%
+HK$7.7m
-19.6%PE5.5x
2188 China Titans Energy Technology GroupHK$0.321.6%
+HK$7.5m
-6.0%PS1.2x
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Latest News

8118

HK$0.29

Bortex Global

7D

47.5%

1Y

-37.2%

2727

HK$1.61

Shanghai Electric Group

7D

-5.8%

1Y

-14.8%

1729

HK$1.34

Time Interconnect Technology

7D

-12.4%

1Y

-17.3%

8137

HK$0.39

Honbridge Holdings

7D

-2.5%

1Y

28.3%

1685

HK$0.22

Boer Power Holdings

7D

4.8%

1Y

-19.6%

1133

HK$2.01

Harbin Electric

7D

-9.9%

1Y

-36.2%

1608

HK$0.40

VPower Group International Holdings

7D

-5.9%

1Y

-29.8%

658

HK$1.62

China High Speed Transmission Equipment Group

7D

-8.5%

1Y

-55.0%

2188

HK$0.32

China Titans Energy Technology Group

7D

1.6%

1Y

-6.0%

2459

HK$5.72

Sanergy Group

7D

-3.1%

1Y

n/a