A Look At The Fair Value Of Dongfang Electric Corporation Limited (HKG:1072)
Dec 24
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Hong Kong (HSI) Heavy Electrical Equipment Industry Analysis
UpdatedDec 24, 2024
DataAggregated Company Financials
Companies8
- 7D-3.7%
- 3M44.8%
- 1Y56.8%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has dropped 3.7%, driven by a pullback from Shanghai Electric Group of 1.7%. In the past year, the industry has gained 57%. Looking forward, earnings are forecast to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | HK$176.0b | HK$273.3b | -HK$1,085,271,269.65 | 8.5x | -162.1x | 0.6x |
| Fri, 22 Nov 2024 | HK$209.4b | HK$276.0b | -HK$1,069,835,044.89 | 8.7x | -195.7x | 0.8x |
| Sun, 20 Oct 2024 | HK$126.7b | HK$279.9b | -HK$985,525,345.04 | 9x | -128.5x | 0.5x |
| Tue, 17 Sep 2024 | HK$106.6b | HK$281.1b | -HK$1,168,448,831.93 | 6.8x | -91.3x | 0.4x |
| Thu, 15 Aug 2024 | HK$112.6b | HK$277.0b | HK$477.7m | 9x | 235.8x | 0.4x |
| Sat, 13 Jul 2024 | HK$118.5b | HK$273.3b | HK$432.7m | 9.3x | 273.8x | 0.4x |
| Mon, 10 Jun 2024 | HK$129.0b | HK$273.6b | HK$436.9m | 11x | 295.3x | 0.5x |
| Wed, 08 May 2024 | HK$131.2b | HK$275.1b | HK$454.5m | 9.4x | 288.6x | 0.5x |
| Fri, 05 Apr 2024 | HK$123.8b | HK$276.2b | HK$3.1b | 10.6x | 40.1x | 0.4x |
| Sun, 03 Mar 2024 | HK$128.5b | HK$273.9b | HK$1.6b | 7.6x | 82.9x | 0.5x |
| Tue, 30 Jan 2024 | HK$121.7b | HK$273.9b | HK$1.6b | 6.2x | 78.4x | 0.4x |
| Thu, 28 Dec 2023 | HK$117.5b | HK$275.1b | HK$1.6b | 6.1x | 75.3x | 0.4x |
| Sat, 25 Nov 2023 | HK$127.3b | HK$274.3b | HK$1.6b | 7.1x | 81.8x | 0.5x |
| Mon, 23 Oct 2023 | HK$125.6b | HK$269.6b | HK$615.6m | 7x | 204x | 0.5x |
| Wed, 20 Sep 2023 | HK$134.4b | HK$270.3b | HK$619.1m | 9x | 217.2x | 0.5x |
| Fri, 18 Aug 2023 | HK$136.3b | HK$257.8b | -HK$725,156,920.00 | 38.7x | -188x | 0.5x |
| Sun, 16 Jul 2023 | HK$147.9b | HK$262.4b | -HK$732,504,240.00 | 44x | -201.9x | 0.6x |
| Tue, 13 Jun 2023 | HK$140.2b | HK$263.0b | -HK$733,500,221.00 | 42.2x | -191.1x | 0.5x |
| Thu, 11 May 2023 | HK$150.8b | HK$271.1b | -HK$746,451,157.00 | 47.1x | -202x | 0.6x |
| Sat, 08 Apr 2023 | HK$149.6b | HK$278.5b | -HK$958,903,442.00 | 47.5x | -156x | 0.5x |
| Mon, 06 Mar 2023 | HK$153.4b | HK$267.5b | -HK$11,267,552,212.00 | 14.1x | -13.6x | 0.6x |
| Wed, 01 Feb 2023 | HK$157.6b | HK$273.0b | -HK$11,499,018,307.00 | 13.9x | -13.7x | 0.6x |
| Fri, 30 Dec 2022 | HK$147.5b | HK$263.6b | -HK$11,100,653,385.00 | 14x | -13.3x | 0.6x |
| Sun, 27 Nov 2022 | HK$160.7b | HK$256.8b | -HK$10,811,352,236.00 | 15.1x | -14.9x | 0.6x |
| Tue, 25 Oct 2022 | HK$151.2b | HK$256.9b | -HK$9,923,273,778.00 | 14.4x | -15.2x | 0.6x |
| Thu, 22 Sep 2022 | HK$158.8b | HK$265.1b | -HK$10,096,736,319.00 | 15.5x | -15.7x | 0.6x |
| Sat, 20 Aug 2022 | HK$147.3b | HK$287.3b | -HK$15,592,120,868.00 | 13.8x | -9.4x | 0.5x |
| Mon, 18 Jul 2022 | HK$148.3b | HK$288.7b | -HK$15,669,412,577.00 | 14.1x | -9.5x | 0.5x |
| Wed, 15 Jun 2022 | HK$145.0b | HK$303.1b | -HK$16,665,593,198.00 | 13.9x | -8.7x | 0.5x |
| Fri, 13 May 2022 | HK$127.5b | HK$302.0b | -HK$16,295,193,257.00 | 8.5x | -7.8x | 0.4x |
| Sun, 10 Apr 2022 | HK$138.7b | HK$315.7b | -HK$16,808,600,235.00 | 8.5x | -8.2x | 0.4x |
| Tue, 08 Mar 2022 | HK$157.6b | HK$343.6b | HK$81.6m | 7.7x | 1930.5x | 0.5x |
| Thu, 03 Feb 2022 | HK$161.3b | HK$340.8b | HK$19.0m | 9.2x | 8495.9x | 0.5x |
| Sat, 01 Jan 2022 | HK$185.5b | HK$340.4b | HK$19.4m | 9.4x | 9543.9x | 0.5x |
Price to Earnings Ratio
9543.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Heavy Electrical Equipment industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- Total earnings for the Heavy Electrical Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 7.1% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Heavy Electrical Equipment compare with similar industries?
| HK Market | 0.85% | |
| Industrials | 0.16% | |
| Electrical | -4.48% | |
| Heavy Electrical Equipment | -3.74% | |
| Electrical Components | -6.61% | |
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 | |
|---|---|---|---|---|---|
| 1072 Dongfang Electric | HK$9.60 | 3.3% +HK$966.4m | 43.3% | PE8.6x | |
| 1133 Harbin Electric | HK$2.48 | 0.8% +HK$44.7m | 26.5% | PE5.1x | |
| 658 China High Speed Transmission Equipment Group | HK$0.84 | 1.2% +HK$16.4m | -46.8% | PS0.06x |
