Hong Kong (HSI) Heavy Electrical Equipment Industry Analysis

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
Tue, 23 Apr 2024	HK$135.4b	HK$276.1b	HK$3.1b	10x	43.9x	0.5x
Thu, 21 Mar 2024	HK$125.6b	HK$273.7b	HK$1.5b	7.4x	81x	0.5x
Sat, 17 Feb 2024	HK$119.7b	HK$276.6b	HK$1.6b	6.3x	76.1x	0.4x
Mon, 15 Jan 2024	HK$120.1b	HK$274.8b	HK$1.6b	6.1x	77x	0.4x
Wed, 13 Dec 2023	HK$120.8b	HK$274.1b	HK$1.6b	6.2x	77.8x	0.4x
Fri, 10 Nov 2023	HK$127.2b	HK$269.9b	HK$1.5b	7.4x	83.8x	0.5x
Sun, 08 Oct 2023	HK$128.6b	HK$270.4b	HK$619.5m	7.6x	207.5x	0.5x
Tue, 05 Sep 2023	HK$133.2b	HK$272.4b	HK$1.0b	9.7x	131.3x	0.5x
Thu, 03 Aug 2023	HK$145.8b	HK$260.6b	-HK$729,607,085.00	43.4x	-199.8x	0.6x
Sat, 01 Jul 2023	HK$141.4b	HK$258.6b	-HK$726,353,689.00	43.5x	-194.7x	0.5x
Mon, 29 May 2023	HK$141.8b	HK$266.0b	-HK$738,156,347.00	42.8x	-192.2x	0.5x
Wed, 26 Apr 2023	HK$142.6b	HK$275.3b	-HK$1,254,566,454.00	46.1x	-113.7x	0.5x
Fri, 24 Mar 2023	HK$151.8b	HK$270.8b	-HK$11,405,831,999.00	13.6x	-13.3x	0.6x
Sun, 19 Feb 2023	HK$150.2b	HK$268.8b	-HK$11,322,669,179.00	13.8x	-13.3x	0.6x
Tue, 17 Jan 2023	HK$158.2b	HK$273.1b	-HK$11,504,907,317.00	14.5x	-13.8x	0.6x
Thu, 15 Dec 2022	HK$148.2b	HK$263.4b	-HK$11,090,651,464.00	14.1x	-13.4x	0.6x
Sat, 12 Nov 2022	HK$154.5b	HK$256.4b	-HK$10,795,022,934.00	14.3x	-14.3x	0.6x
Mon, 10 Oct 2022	HK$143.6b	HK$261.3b	-HK$10,097,191,610.00	13.7x	-14.2x	0.5x
Wed, 07 Sep 2022	HK$160.1b	HK$268.2b	-HK$10,219,600,457.00	14.9x	-15.7x	0.6x
Fri, 05 Aug 2022	HK$142.0b	HK$288.7b	-HK$15,668,269,840.00	13.5x	-9.1x	0.5x
Sun, 03 Jul 2022	HK$145.6b	HK$305.2b	-HK$16,783,872,244.00	14.2x	-8.7x	0.5x
Tue, 31 May 2022	HK$135.0b	HK$305.3b	-HK$16,787,595,737.00	14.2x	-8x	0.4x
Thu, 28 Apr 2022	HK$127.6b	HK$306.8b	-HK$16,316,778,771.00	9.2x	-7.8x	0.4x
Sat, 26 Mar 2022	HK$144.1b	HK$341.3b	HK$84.1m	7.5x	1713.1x	0.4x
Mon, 21 Feb 2022	HK$164.3b	HK$342.9b	HK$16.2m	9.2x	10119.3x	0.5x
Wed, 19 Jan 2022	HK$172.6b	HK$341.3b	HK$18.3m	9.6x	9436.3x	0.5x
Fri, 17 Dec 2021	HK$188.3b	HK$340.7b	HK$19.0m	9.3x	9904.7x	0.6x
Sun, 14 Nov 2021	HK$178.3b	HK$339.7b	HK$20.3m	9.6x	8774.4x	0.5x
Tue, 12 Oct 2021	HK$163.2b	HK$332.3b	HK$199.7m	10.7x	817.2x	0.5x
Thu, 09 Sep 2021	HK$173.9b	HK$330.9b	HK$200.8m	10.5x	866.1x	0.5x
Sat, 07 Aug 2021	HK$135.2b	HK$330.9b	HK$200.8m	9.8x	673.3x	0.4x
Fri, 30 Apr 2021	HK$150.4b	HK$317.9b	HK$8.2b	11.1x	18.2x	0.5x

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 43.9x 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 declined 28% per year over the last three years,
Revenues have also declined 4.6% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Hong Kong Heavy Electrical Equipment compare with similar industries?


HK Market	-0.66%
Industrials	-1.15%
Electrical	4.69%
Heavy Electrical Equipment	8.71%
Electrical Components	-3.28%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Company	Last Price	7D	1Y	Valuation
1072 Dongfang Electric	HK$10.74	8.7% +HK$2.7b	-6.0%	PE8.7x
2727 Shanghai Electric Group	HK$1.69	6.3% +HK$1.6b	-16.3%	PE85.3x
1133 Harbin Electric	HK$2.35	1.3% +HK$67.1m	-35.3%	PE8.5x

Company

Last Price

Valuation

1072 Dongfang Electric

HK$10.74

8.7%
+HK$2.7b

-6.0%

PE8.7x

2727 Shanghai Electric Group

HK$1.69

6.3%
+HK$1.6b

-16.3%