Xinyi Electric Storage Holdings Limited's (HKG:8328) 26% Cheaper Price Remains In Tune With Earnings
Apr 16
Hong Kong (HSI) Electrical Components Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies23
- 7D-2.4%
- 3M-13.3%
- 1Y-28.2%
- YTDn/a
Over the last 7 days, the Electrical Components industry has dropped 2.4%, driven by declines in REPT BATTERO Energy and Sino-Synergy Hydrogen Energy Technology (Jiaxing) of 3.1% and 8.2%, respectively. In contrast, Sanergy Group has gained 24%. However, the industry is down 28% over the past year. As for the next few years, earnings are expected to grow by 97% per annum.
Industry Valuation and Performance
Has the Hong Kong Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | HK$61.5b | HK$61.9b | -HK$1,067,656,117.27 | 7.2x | -57.6x | 1x |
| Sun, 17 Mar 2024 | HK$62.5b | HK$63.7b | HK$141.3m | 6.7x | 442.4x | 1x |
| Tue, 13 Feb 2024 | HK$66.7b | HK$63.2b | HK$167.5m | 6.2x | 398x | 1.1x |
| Thu, 11 Jan 2024 | HK$72.7b | HK$84.7b | HK$320.9m | 8.3x | 226.5x | 0.9x |
| Sat, 09 Dec 2023 | HK$32.4b | HK$65.9b | HK$814.8m | 8.3x | 39.8x | 0.5x |
| Mon, 06 Nov 2023 | HK$23.5b | HK$65.9b | HK$1.0b | 10.8x | 22.6x | 0.4x |
| Wed, 04 Oct 2023 | HK$23.9b | HK$65.9b | HK$1.0b | 10.9x | 23.1x | 0.4x |
| Fri, 01 Sep 2023 | HK$24.9b | HK$67.1b | HK$1.1b | 10.7x | 22.3x | 0.4x |
| Sun, 30 Jul 2023 | HK$24.2b | HK$68.5b | HK$1.1b | 9.5x | 21.3x | 0.4x |
| Tue, 27 Jun 2023 | HK$25.2b | HK$67.7b | HK$1.1b | 9.6x | 23.3x | 0.4x |
| Thu, 25 May 2023 | HK$25.2b | HK$68.3b | HK$1.1b | 9.6x | 22.9x | 0.4x |
| Sat, 22 Apr 2023 | HK$28.0b | HK$69.5b | HK$1.1b | 9.3x | 25.8x | 0.4x |
| Mon, 20 Mar 2023 | HK$28.2b | HK$70.9b | HK$39.7m | 10.9x | 708.9x | 0.4x |
| Wed, 15 Feb 2023 | HK$31.1b | HK$71.6b | HK$97.8m | 11.3x | 318.1x | 0.4x |
| Fri, 13 Jan 2023 | HK$22.6b | HK$70.7b | HK$12.1m | 8.1x | 1857.5x | 0.3x |
| Sun, 11 Dec 2022 | HK$21.2b | HK$68.9b | HK$23.9m | 9x | 887.3x | 0.3x |
| Tue, 08 Nov 2022 | HK$98.5b | HK$85.0b | HK$2.6b | 9.3x | 37.4x | 1.2x |
| Thu, 06 Oct 2022 | HK$91.0b | HK$84.5b | HK$2.5b | 13.6x | 36.4x | 1.1x |
| Sat, 03 Sep 2022 | HK$102.4b | HK$86.9b | HK$2.9b | 10.3x | 35.6x | 1.2x |
| Mon, 01 Aug 2022 | HK$81.4b | HK$86.7b | HK$2.8b | 11.2x | 29.1x | 0.9x |
| Wed, 29 Jun 2022 | HK$91.0b | HK$87.0b | HK$2.9b | 10.9x | 31.9x | 1x |
| Fri, 27 May 2022 | HK$76.6b | HK$87.4b | HK$2.9b | 11.5x | 26.6x | 0.9x |
| Sun, 24 Apr 2022 | HK$78.4b | HK$88.6b | HK$3.1b | 11.4x | 25.5x | 0.9x |
| Tue, 22 Mar 2022 | HK$114.4b | HK$85.7b | HK$5.4b | 4.4x | 21.3x | 1.3x |
| Thu, 17 Feb 2022 | HK$107.2b | HK$84.6b | HK$5.5b | 6.4x | 19.4x | 1.3x |
| Sat, 15 Jan 2022 | HK$123.3b | HK$84.3b | HK$5.5b | 6.3x | 22.4x | 1.5x |
| Mon, 13 Dec 2021 | HK$138.1b | HK$84.3b | HK$5.5b | 4.8x | 25.1x | 1.6x |
| Wed, 10 Nov 2021 | HK$123.5b | HK$83.3b | HK$5.3b | 5.5x | 23.2x | 1.5x |
| Fri, 08 Oct 2021 | HK$100.0b | HK$84.1b | HK$5.8b | 6.3x | 17.1x | 1.2x |
| Sun, 05 Sep 2021 | HK$52.9b | HK$85.4b | HK$5.4b | 6.9x | 9.8x | 0.6x |
| Tue, 03 Aug 2021 | HK$90.2b | HK$85.4b | HK$5.4b | 8.1x | 16.6x | 1.1x |
| Fri, 07 May 2021 | HK$59.5b | HK$80.5b | HK$5.3b | 9x | 11.2x | 0.7x |
Price to Earnings Ratio
11.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Electrical Components and Equipment industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.84x.
Past Earnings Growth
- Total earnings for the Electrical Components and Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 8.4% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Electrical Components compare with similar industries?
| HK Market | -2.76% | |
| Industrials | -2.22% | |
| Electrical | 8.10% | |
| Electrical Components | -2.38% | |
| Heavy Electrical Equipment | 13.64% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2459 Sanergy Group | HK$3.60 | 3.2% +HK$111.1m | 95.7% | PS6.4x | |
| 505 Xingye Alloy Materials Group | HK$1.02 | 2.0% +HK$17.6m | -7.3% | PE4.4x | |
| 8132 Century Energy International Holdings | HK$0.12 | 5.3% +HK$16.2m | -24.1% | PS0.5x | |
| 580 Sun.King Technology Group | HK$1.19 | 0.8% +HK$16.0m | -33.9% | PE55.9x | |
| 1399 Veson Holdings | HK$0.23 | 4.4% +HK$10.9m | -4.1% | PE11.8x |
