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Hong Kong (HSI) Heavy Electrical Equipment Industry Analysis
UpdatedAug 08, 2022
DataAggregated Company Financials
Companies8
- 7D-5.0%
- 3M8.0%
- 1Y8.6%
- YTD-28.4%
Over the last 7 days, the Heavy Electrical Equipment industry has dropped 5.0%, driven by Dongfang Electric declining 6.9%. Meanwhile, VPower Group International Holdings actually outperformed within the industry, gaining 11% in the last week. Over the past 12 months, the industry was up 8.6%. Looking forward, earnings are forecast to grow by 40% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 08 Aug 2022 | HK$141.0b | HK$288.5b | -HK$15,658,801,740.00 | 13.5x | -9x | 0.5x |
| Wed, 06 Jul 2022 | HK$149.6b | HK$291.0b | -HK$15,794,428,541.00 | 13.6x | -9.5x | 0.5x |
| Fri, 03 Jun 2022 | HK$139.0b | HK$306.4b | -HK$16,852,992,215.00 | 14.6x | -8.2x | 0.5x |
| Sun, 01 May 2022 | HK$121.8b | HK$304.5b | -HK$16,185,836,998.00 | 8.8x | -7.5x | 0.4x |
| Tue, 29 Mar 2022 | HK$143.1b | HK$335.9b | -HK$4,957,752,178.00 | 8.9x | -28.9x | 0.4x |
| Thu, 24 Feb 2022 | HK$164.6b | HK$343.8b | HK$15.1m | 9.2x | 10888.8x | 0.5x |
| Sat, 22 Jan 2022 | HK$168.0b | HK$341.5b | HK$18.1m | 9.4x | 9302x | 0.5x |
| Mon, 20 Dec 2021 | HK$189.0b | HK$340.3b | HK$19.6m | 9.3x | 9667.2x | 0.6x |
| Wed, 17 Nov 2021 | HK$172.5b | HK$339.7b | HK$20.3m | 9.5x | 8489.1x | 0.5x |
| Fri, 15 Oct 2021 | HK$159.9b | HK$332.9b | HK$199.2m | 10.8x | 802.7x | 0.5x |
| Sun, 12 Sep 2021 | HK$169.6b | HK$330.9b | HK$200.8m | 10.3x | 844.5x | 0.5x |
| Tue, 10 Aug 2021 | HK$139.3b | HK$330.9b | HK$200.8m | 9.6x | 693.8x | 0.4x |
| Mon, 03 May 2021 | HK$150.4b | HK$317.9b | HK$8.2b | 11.1x | 18.2x | 0.5x |
| Thu, 04 Feb 2021 | HK$159.1b | HK$294.4b | HK$7.2b | 15.9x | 22.1x | 0.5x |
| Sun, 08 Nov 2020 | HK$137.7b | HK$272.2b | HK$5.9b | 17.2x | 23.2x | 0.5x |
| Sat, 01 Aug 2020 | HK$140.3b | HK$244.2b | HK$4.6b | 20.3x | 30.6x | 0.6x |
| Tue, 05 May 2020 | HK$123.3b | HK$233.5b | HK$2.9b | 23.1x | 41.9x | 0.5x |
| Fri, 07 Feb 2020 | HK$123.6b | HK$243.0b | HK$2.6b | 20.2x | 48x | 0.5x |
| Thu, 31 Oct 2019 | HK$124.8b | HK$213.0b | HK$126.3m | 22.5x | 988.4x | 0.6x |
Price to Earnings Ratio
-44.4x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Heavy Electrical Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 10% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Hong Kong Heavy Electrical Equipment compare with similar industries?
| HK Market | -0.75% | |
| Industrials | -0.81% | |
| Electrical | 0.47% | |
| Heavy Electrical Equipment | -5.02% | |
| Electrical Components | 10.13% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1608 VPower Group International Holdings | HK$0.90 | 8.4% +HK$188.5m | -45.1% | PE53x | |
| 1133 Harbin Electric | HK$2.30 | 2.2% +HK$85.3m | 19.2% | PS0.2x | |
| 607 Fullshare Holdings | HK$0.12 | 1.7% +HK$45.3m | 13.2% | PS0.1x | |
| 1597 China Nature Energy Technology Holdings | HK$2.45 | 3.8% +HK$22.5m | 53.1% | PE25x |