Here's Why Shareholders Should Examine China High Speed Transmission Equipment Group Co., Ltd.'s (HKG:658) CEO Compensation Package More Closely
Jun 13
Hong Kong (HSI) Heavy Electrical Equipment Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies8
- 7D-1.3%
- 3M-7.9%
- 1Y-14.0%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has dropped 1.3%, driven by pullbacks from every company within the industry. The industry has fallen 14% in the last year. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the Hong Kong Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | HK$117.5b | HK$272.4b | HK$422.4m | 9.2x | 278.1x | 0.4x |
| Sun, 23 Jun 2024 | HK$126.4b | HK$272.9b | HK$427.9m | 11x | 295.5x | 0.5x |
| Tue, 21 May 2024 | HK$134.8b | HK$273.7b | HK$438.4m | 10.4x | 307.4x | 0.5x |
| Thu, 18 Apr 2024 | HK$135.2b | HK$276.1b | HK$3.1b | 9.7x | 43.8x | 0.5x |
| Sat, 16 Mar 2024 | HK$126.4b | HK$273.7b | HK$1.5b | 7.5x | 81.6x | 0.5x |
| Mon, 12 Feb 2024 | HK$119.1b | HK$275.1b | HK$1.6b | 6.2x | 76.3x | 0.4x |
| Wed, 10 Jan 2024 | HK$118.0b | HK$275.8b | HK$1.6b | 6x | 75.3x | 0.4x |
| Fri, 08 Dec 2023 | HK$120.9b | HK$275.5b | HK$1.6b | 6.2x | 77.2x | 0.4x |
| Sun, 05 Nov 2023 | HK$126.0b | HK$269.7b | HK$1.5b | 7.8x | 83.1x | 0.5x |
| Tue, 03 Oct 2023 | HK$130.8b | HK$270.4b | HK$619.6m | 8.8x | 211.1x | 0.5x |
| Thu, 31 Aug 2023 | HK$135.6b | HK$262.0b | -HK$370,480,611.00 | 10.1x | -366x | 0.5x |
| Sat, 29 Jul 2023 | HK$145.0b | HK$261.3b | -HK$730,728,563.00 | 44.2x | -198.4x | 0.6x |
| Mon, 26 Jun 2023 | HK$139.4b | HK$261.6b | -HK$731,215,965.00 | 39x | -190.7x | 0.5x |
| Wed, 24 May 2023 | HK$144.2b | HK$266.3b | -HK$738,785,686.00 | 44.9x | -195.2x | 0.5x |
| Fri, 21 Apr 2023 | HK$148.6b | HK$278.5b | -HK$1,035,214,654.00 | 48.3x | -143.5x | 0.5x |
| Sun, 19 Mar 2023 | HK$152.0b | HK$268.3b | -HK$11,299,067,516.00 | 13.8x | -13.5x | 0.6x |
| Tue, 14 Feb 2023 | HK$154.4b | HK$270.7b | -HK$11,402,501,733.00 | 13.4x | -13.5x | 0.6x |
| Thu, 12 Jan 2023 | HK$157.0b | HK$271.6b | -HK$11,439,601,514.00 | 14.4x | -13.7x | 0.6x |
| Sat, 10 Dec 2022 | HK$152.2b | HK$263.1b | -HK$11,080,294,789.00 | 14.3x | -13.7x | 0.6x |
| Mon, 07 Nov 2022 | HK$156.3b | HK$257.5b | -HK$10,838,450,640.00 | 14.4x | -14.4x | 0.6x |
| Wed, 05 Oct 2022 | HK$144.6b | HK$261.4b | -HK$10,098,137,887.00 | 13.6x | -14.3x | 0.6x |
| Fri, 02 Sep 2022 | HK$147.5b | HK$271.0b | -HK$10,846,699,888.00 | 15x | -13.6x | 0.5x |
| Sun, 31 Jul 2022 | HK$148.5b | HK$289.2b | -HK$15,698,904,077.00 | 13.9x | -9.5x | 0.5x |
| Tue, 28 Jun 2022 | HK$147.6b | HK$305.8b | -HK$16,816,593,278.00 | 14.6x | -8.8x | 0.5x |
| Thu, 26 May 2022 | HK$134.5b | HK$307.4b | -HK$16,903,538,411.00 | 13.3x | -8x | 0.4x |
| Sat, 23 Apr 2022 | HK$132.6b | HK$311.8b | -HK$16,588,911,676.00 | 8.9x | -8x | 0.4x |
| Mon, 21 Mar 2022 | HK$147.4b | HK$341.6b | HK$83.8m | 7.6x | 1759.6x | 0.4x |
| Wed, 16 Feb 2022 | HK$163.9b | HK$341.3b | HK$18.3m | 9.2x | 8934.9x | 0.5x |
| Fri, 14 Jan 2022 | HK$169.6b | HK$340.8b | HK$18.9m | 9.7x | 8976.3x | 0.5x |
| Sun, 12 Dec 2021 | HK$179.6b | HK$340.5b | HK$19.3m | 9.4x | 9325.6x | 0.5x |
| Tue, 09 Nov 2021 | HK$174.8b | HK$338.3b | HK$22.1m | 9.9x | 7916.2x | 0.5x |
| Thu, 07 Oct 2021 | HK$181.8b | HK$332.2b | HK$199.8m | 11.8x | 909.8x | 0.5x |
| Sat, 04 Sep 2021 | HK$169.7b | HK$330.9b | HK$200.8m | 10.3x | 845.3x | 0.5x |
| Mon, 02 Aug 2021 | HK$135.1b | HK$330.9b | HK$200.8m | 9.6x | 673x | 0.4x |
Price to Earnings Ratio
673x
Current Industry PE
- Investors are pessimistic on the Hong Kong Heavy Electrical Equipment 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 278x which is lower than its 3-year average PE of 1kx.
- The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have grown 28% per year over the last three years.
- Meanwhile revenues for these companies have declined 6.3% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Heavy Electrical Equipment compare with similar industries?
| HK Market | -1.61% | |
| Industrials | -0.98% | |
| Electrical | -0.60% | |
| Heavy Electrical Equipment | -1.29% | |
| Electrical Components | 0.49% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||