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

Investors are optimistic on the Hong Kong Electrical Components and Equipment industry, and appear confident in long term growth rates. The industry is trading at a PE ratio of 33.0x which is higher than its 3-year average PE of 15.7x. The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.1x.

How does Hong Kong Electrical Components compare with similar industries?

There is insufficient data on the sub-industries of this industry.

Hong Kong (HSI) Electrical Components Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 09 Aug 2022	HK$90.3b	HK$86.7b	HK$2.8b	11.2x	32.2x	1x
Thu, 07 Jul 2022	HK$90.3b	HK$87.0b	HK$2.8b	10.2x	32x	1x
Sat, 04 Jun 2022	HK$87.7b	HK$87.3b	HK$2.9b	11.2x	30.4x	1x
Mon, 02 May 2022	HK$74.0b	HK$87.8b	HK$3.1b	11.6x	23.8x	0.8x
Wed, 30 Mar 2022	HK$100.3b	HK$85.3b	HK$5.3b	6.1x	18.8x	1.2x
Fri, 25 Feb 2022	HK$114.5b	HK$85.0b	HK$5.5b	5.8x	20.7x	1.3x
Sun, 23 Jan 2022	HK$118.3b	HK$84.5b	HK$5.5b	6.4x	21.5x	1.4x
Tue, 21 Dec 2021	HK$128.7b	HK$84.2b	HK$5.5b	5.3x	23.4x	1.5x
Thu, 18 Nov 2021	HK$130.3b	HK$83.6b	HK$5.5b	5x	23.6x	1.6x
Sat, 16 Oct 2021	HK$101.5b	HK$84.1b	HK$5.8b	6x	17.4x	1.2x
Mon, 13 Sep 2021	HK$103.4b	HK$83.6b	HK$5.5b	7.5x	18.7x	1.2x
Wed, 11 Aug 2021	HK$86.4b	HK$85.4b	HK$5.4b	7.9x	15.9x	1x
Sun, 06 Jun 2021	HK$67.3b	HK$80.5b	HK$5.3b	8.6x	12.6x	0.8x
Wed, 10 Mar 2021	HK$65.6b	HK$75.4b	HK$5.0b	11.4x	13x	0.9x
Tue, 01 Dec 2020	HK$47.3b	HK$71.0b	HK$4.2b	9.6x	11.3x	0.7x
Fri, 04 Sep 2020	HK$45.7b	HK$66.1b	HK$3.4b	11.6x	13.4x	0.7x
Mon, 08 Jun 2020	HK$36.9b	HK$68.2b	HK$3.7b	9.7x	9.9x	0.5x
Sun, 01 Mar 2020	HK$48.5b	HK$70.9b	HK$4.1b	9.4x	11.7x	0.7x
Wed, 04 Dec 2019	HK$49.0b	HK$69.8b	HK$4.6b	8x	10.7x	0.7x
Sat, 07 Sep 2019	HK$54.2b	HK$71.5b	HK$4.3b	7.3x	12.7x	0.8x


HK Market	0.21%
Industrials	1.63%
Electrical	3.48%
Electrical Components	11.36%
Heavy Electrical Equipment	-0.94%

Company	Last Price	7D	1Y	Valuation
3898 Zhuzhou CRRC Times Electric	HK$37.10	13.3% +HK$5.1b	-24.1%	PE17.9x
1729 Time Interconnect Technology	HK$2.15	26.5% +HK$875.7m	394.3%	PE24.9x
8328 Xinyi Electric Storage Holdings	HK$6.68	11.3% +HK$485.4m	-13.6%	PE60.3x
580 Sun.King Technology Group	HK$2.59	12.1% +HK$458.2m	-35.6%	PE236x
1366 Jiangnan Group	HK$0.24	15.7% +HK$194.2m	-37.9%	PS0.06x

Jul 16

Fushun Electric Porcelain Co., Ltd. Files Case Against Northeast Electric Development Co., Ltd

Northeast Electric Development Co. Ltd. recently received the Notice of Appearance [(2022) Qiong 96 Min Chu No.599], the bill of indictment, and other related litigation materials served by the First Intermediate People's Court of Hainan Province (the "Court"). The basic information about the litigation is as follows: 1. Parties in the litigation: Plaintiff: Fushun Electric Porcelain Co. Ltd. (the "Fushun Electric Porcelain"); Domicile: No. 46, Shendong 1st Road, Shenfu Demonstration Zone, Liaoning Province; Legal representative: Wang Yadong; Title: Chairman. Defendant: Northeast Electric Development Co. Ltd.; Domicile: Room A1-1077, 5/F, Block A, Business Incubation Center, Haikou City National High-tech Zone, No.266, Nanhai Avenue, Haikou City, Hainan Province; Legal representative: Zhu Jie; Title: Chairman. Third person 1: Shenyang High Voltage Switchgear Co. Ltd. (An independent third party which has no connection with the Company) (the "Shenyang High-volt" "High-voltage Switch Company"); Domicile: No.39, Shentie Road, Dadong District, Shenyang City; Legal representative: Liu Baozhu; Title: General Manager. Third person 2: New Northeast Electric (Shenyang) High-voltage Insulation Switches Co. Ltd. (An independent third party which has no connection with the Company) (the "New Northeast Insulation" "Insulation Switches Company"); Domicile: No.39, Shiji Road, Hunnan High-tech Industry Development Zone, Shenyang City; Legal representative: Xu Yongchun; Title: Chairman. The plaintiff, Fushun Electric Porcelain, requested the Court to: According to the law, the defendant Northeast Electric Development Co. Ltd. was ordered to assume joint and several liability for the debts of Shenyang High Voltage Switchgear Co. Ltd. determined in the (2021) Qiong Min Zhong No. 537 Civil Judgment and (2019) Qiong 96 Min Chu No. 381 Civil Judgment specific creditor's rights. (The amount is RMB 11,258,221.34 for the contract processing and interest, and the interest will be calculated from March 1, 2011 to the date of actual payment at the same loan interest rate of the People's Bank of China for the same period); and Defendant shall bear the cost of the lawsuit. 3. Facts and reasons: The litigation dispute over enforcement objection between the plaintiff Fushun Electric Porcelain Company and the defendant Northeast Electric Company, the third-party High-voltage Switch Company, and the third-party Insulation Switches Company was settled after the first intermediate people's Court of Hainan Province (2019) Qiong 96 Chu No.381 Civil Judgment, the judgment added a third party High-voltage Switch Company as the person to be executed in the Fushun City Intermediate People's Court of Liaoning Province (2015) Fu Zhong Zhi Zi No. 00140, and within the scope of non-investment, the Fushun City Intermediate People's Court of Liaoning Province (2015) Fu Zhong Min Chu Zi No. 00064 Civil Judgment determined that Insulation Switches Company was responsible for the debts of Fushun Electric Porcelain Company and assumed supplementary liability for compensation. (2021) Qiong Min Zhong No. 537 Civil Judgment dismissed the appeal and upheld the original judgment. The effective judgment of the Court has determined that the Insulation Switches Company and the High-voltage Switch Company are responsible for repayment of the processing fee of RMB 11,258,221.34 and the interest undertaken by Fushun Electric Porcelain Company. Fushun Electric Porcelain Company has applied to Fushun Intermediate People's Court to add High Voltage Switchgear Company as the person subject to execution. But High Voltage Switchgear currently does not have any assets to execute. The plaintiff believed that Northeast Electric Company, as a shareholder of the High-voltage Switch Company subject to execution, abused the independent status of the Company as a legal person and the limited liability of shareholders, and filed a lawsuit to the Court.

Hong Kong (HSI) Electrical Components Industry Analysis

Industry Valuation and Performance

Industry Comparison

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