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Hong Kong (HSI) Electrical Industry Analysis
UpdatedSep 12, 2024
DataAggregated Company Financials
Companies32
- 7D-2.7%
- 3M-18.6%
- 1Y-20.0%
- YTD-12.9%
Over the last 7 days, the Electrical industry has dropped 2.7%, driven by Dongfang Electric declining 7.7%. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 50% annually.
Industry Valuation and Performance
Has the Hong Kong Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 12 Sep 2024 | HK$167.4b | HK$346.8b | -HK$2,140,302,925.00 | 6.3x | -78.2x | 0.5x |
| Sat, 10 Aug 2024 | HK$192.6b | HK$338.4b | -HK$711,272,708.47 | 8.8x | -270.8x | 0.6x |
| Mon, 08 Jul 2024 | HK$189.8b | HK$334.5b | -HK$628,761,217.32 | 9.1x | -301.8x | 0.6x |
| Wed, 05 Jun 2024 | HK$198.8b | HK$335.8b | -HK$623,495,289.14 | 10.7x | -318.8x | 0.6x |
| Fri, 03 May 2024 | HK$192.1b | HK$335.8b | -HK$623,180,864.66 | 9x | -308.2x | 0.6x |
| Sun, 31 Mar 2024 | HK$159.9b | HK$338.4b | HK$1.9b | 9.4x | 83.2x | 0.5x |
| Tue, 27 Feb 2024 | HK$188.4b | HK$336.9b | HK$1.7b | 7.4x | 109.7x | 0.6x |
| Thu, 25 Jan 2024 | HK$188.0b | HK$363.3b | HK$1.9b | 6.8x | 98.5x | 0.5x |
| Sat, 23 Dec 2023 | HK$193.7b | HK$361.0b | HK$1.9b | 7.1x | 102.4x | 0.5x |
| Mon, 20 Nov 2023 | HK$154.8b | HK$337.7b | HK$2.6b | 7.9x | 60x | 0.5x |
| Wed, 18 Oct 2023 | HK$154.5b | HK$335.8b | HK$1.7b | 9.1x | 93.6x | 0.5x |
| Fri, 15 Sep 2023 | HK$164.1b | HK$337.2b | HK$1.7b | 10.4x | 96.3x | 0.5x |
| Sun, 13 Aug 2023 | HK$162.4b | HK$327.5b | HK$339.2m | 9.6x | 478.7x | 0.5x |
| Tue, 11 Jul 2023 | HK$168.6b | HK$327.7b | HK$400.2m | 10.5x | 421.4x | 0.5x |
| Thu, 08 Jun 2023 | HK$167.2b | HK$332.3b | HK$361.6m | 10.6x | 462.4x | 0.5x |
| Sat, 06 May 2023 | HK$174.7b | HK$341.5b | HK$333.1m | 10.5x | 524.5x | 0.5x |
| Mon, 03 Apr 2023 | HK$179.4b | HK$345.1b | -HK$1,547,884,753.00 | 10x | -115.9x | 0.5x |
| Wed, 01 Mar 2023 | HK$180.5b | HK$337.0b | -HK$11,117,758,990.00 | 12.4x | -16.2x | 0.5x |
| Fri, 27 Jan 2023 | HK$186.9b | HK$342.3b | -HK$11,431,733,182.00 | 11.6x | -16.4x | 0.5x |
| Sun, 25 Dec 2022 | HK$158.8b | HK$331.8b | -HK$11,058,617,180.00 | 9x | -14.4x | 0.5x |
| Tue, 22 Nov 2022 | HK$253.0b | HK$344.4b | -HK$8,257,229,867.00 | 14.1x | -30.6x | 0.7x |
| Thu, 20 Oct 2022 | HK$241.4b | HK$343.1b | -HK$7,309,006,112.00 | 13.8x | -33x | 0.7x |
| Sat, 17 Sep 2022 | HK$256.6b | HK$352.0b | -HK$7,287,340,937.00 | 14x | -35.2x | 0.7x |
| Mon, 15 Aug 2022 | HK$231.5b | HK$375.6b | -HK$13,011,041,956.00 | 13.8x | -17.8x | 0.6x |
| Wed, 13 Jul 2022 | HK$238.7b | HK$377.3b | -HK$12,934,619,017.00 | 11.7x | -18.5x | 0.6x |
| Fri, 10 Jun 2022 | HK$224.6b | HK$393.1b | -HK$13,979,704,703.00 | 11.7x | -16.1x | 0.6x |
| Sun, 08 May 2022 | HK$198.7b | HK$392.2b | -HK$13,378,265,695.00 | 10x | -14.9x | 0.5x |
| Tue, 05 Apr 2022 | HK$239.1b | HK$406.9b | -HK$13,703,414,058.00 | 10x | -17.4x | 0.6x |
| Thu, 03 Mar 2022 | HK$278.8b | HK$430.1b | HK$5.4b | 6.3x | 51.8x | 0.6x |
| Sat, 29 Jan 2022 | HK$275.0b | HK$424.7b | HK$5.5b | 6.8x | 49.8x | 0.6x |
| Mon, 27 Dec 2021 | HK$322.6b | HK$424.9b | HK$5.5b | 6.5x | 58.4x | 0.8x |
| Wed, 24 Nov 2021 | HK$330.1b | HK$423.0b | HK$5.6b | 6.2x | 59.4x | 0.8x |
| Fri, 22 Oct 2021 | HK$266.4b | HK$419.1b | HK$6.1b | 7.2x | 43.9x | 0.6x |
| Sun, 19 Sep 2021 | HK$266.3b | HK$414.8b | HK$5.7b | 7.6x | 46.3x | 0.6x |
Price to Earnings Ratio
46.3x
Current Industry PE
- Investors are pessimistic on the Hong Kong Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- Total earnings for the Electrical industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 5.8% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -3.88% | |
| Industrials | -3.87% | |
| Electrical | -2.69% | |
| Electrical Components | 1.42% | |
| Heavy Electrical Equipment | -4.89% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 106% over the next 5 years.
- This is better than its past earnings growth rate of 37% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 30% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 666 REPT BATTERO Energy | HK$14.66 | 3.4% +HK$1.1b | n/a | PS2.1x | |
| 9663 Sino-Synergy Hydrogen Energy Technology (Jiaxing) | HK$17.50 | 2.2% +HK$196.9m | n/a | PS13.3x | |
| 1201 Tesson Holdings | HK$0.096 | 21.5% +HK$35.3m | 0% | PS2.1x | |
| 8391 Cornerstone Technologies Holdings | HK$0.69 | 3.0% +HK$19.1m | -25.0% | PS6.3x | |
| 658 China High Speed Transmission Equipment Group | HK$1.02 | 1.0% +HK$16.4m | -58.0% | PS0.07x |
