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Hong Kong (HSI) Infrastructure Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies26
- 7D1.3%
- 3M0.07%
- 1Y17.5%
- YTD12.7%
The Infrastructure industry is up 1.2% in the last week, with Qingdao Port International up 6.5%. This means that the industry has gained 18% over the past year. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Hong Kong Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$406.3b | HK$194.0b | HK$38.9b | 7.4x | 10.4x | 2.1x |
| Sat, 19 Oct 2024 | HK$409.6b | HK$197.3b | HK$39.3b | 7.9x | 10.4x | 2.1x |
| Mon, 16 Sep 2024 | HK$376.6b | HK$197.7b | HK$39.4b | 7.1x | 9.6x | 1.9x |
| Wed, 14 Aug 2024 | HK$391.8b | HK$191.8b | HK$37.5b | 7.7x | 10.5x | 2x |
| Fri, 12 Jul 2024 | HK$397.2b | HK$190.5b | HK$37.3b | 7.9x | 10.6x | 2.1x |
| Sun, 09 Jun 2024 | HK$395.9b | HK$190.9b | HK$37.5b | 8.2x | 10.6x | 2.1x |
| Tue, 07 May 2024 | HK$376.5b | HK$191.6b | HK$37.6b | 7.7x | 10x | 2x |
| Thu, 04 Apr 2024 | HK$361.3b | HK$190.6b | HK$37.0b | 7.2x | 9.8x | 1.9x |
| Sat, 02 Mar 2024 | HK$367.5b | HK$177.1b | HK$34.3b | 7x | 10.7x | 2.1x |
| Mon, 29 Jan 2024 | HK$366.9b | HK$207.4b | HK$35.0b | 7.5x | 10.5x | 1.8x |
| Wed, 27 Dec 2023 | HK$350.9b | HK$208.1b | HK$35.0b | 7.1x | 10x | 1.7x |
| Fri, 24 Nov 2023 | HK$340.2b | HK$207.7b | HK$35.0b | 6.9x | 9.7x | 1.6x |
| Sun, 22 Oct 2023 | HK$330.5b | HK$203.5b | HK$33.9b | 6.5x | 9.7x | 1.6x |
| Tue, 19 Sep 2023 | HK$346.3b | HK$203.8b | HK$34.0b | 6.6x | 10.2x | 1.7x |
| Thu, 17 Aug 2023 | HK$349.0b | HK$201.9b | HK$33.9b | 7.9x | 10.3x | 1.7x |
| Sat, 15 Jul 2023 | HK$361.6b | HK$204.0b | HK$34.2b | 7.2x | 10.6x | 1.8x |
| Mon, 12 Jun 2023 | HK$378.6b | HK$215.3b | HK$33.7b | 8.1x | 11.2x | 1.8x |
| Wed, 10 May 2023 | HK$418.7b | HK$218.7b | HK$34.3b | 8.3x | 12.2x | 1.9x |
| Fri, 07 Apr 2023 | HK$370.0b | HK$216.1b | HK$34.4b | 7.6x | 10.7x | 1.7x |
| Sun, 05 Mar 2023 | HK$378.6b | HK$223.7b | HK$38.4b | 6.1x | 9.9x | 1.7x |
| Tue, 31 Jan 2023 | HK$381.4b | HK$226.2b | HK$38.9b | 6.4x | 9.8x | 1.7x |
| Thu, 29 Dec 2022 | HK$365.3b | HK$221.5b | HK$38.0b | 6.1x | 9.6x | 1.6x |
| Sat, 26 Nov 2022 | HK$342.7b | HK$218.9b | HK$36.6b | 5.7x | 9.4x | 1.6x |
| Mon, 24 Oct 2022 | HK$314.3b | HK$215.6b | HK$36.0b | 5.2x | 8.7x | 1.5x |
| Wed, 21 Sep 2022 | HK$345.1b | HK$220.1b | HK$36.9b | 5.9x | 9.3x | 1.6x |
| Fri, 19 Aug 2022 | HK$350.7b | HK$225.5b | HK$41.5b | 5.5x | 8.5x | 1.6x |
| Sun, 17 Jul 2022 | HK$366.6b | HK$220.2b | HK$42.6b | 5.7x | 8.6x | 1.7x |
| Tue, 14 Jun 2022 | HK$379.6b | HK$221.1b | HK$42.8b | 6.1x | 8.9x | 1.7x |
| Thu, 12 May 2022 | HK$365.2b | HK$219.4b | HK$42.5b | 6.1x | 8.6x | 1.7x |
| Sat, 09 Apr 2022 | HK$402.4b | HK$226.3b | HK$45.5b | 5.6x | 8.8x | 1.8x |
| Mon, 07 Mar 2022 | HK$456.0b | HK$218.9b | HK$41.5b | 5.6x | 11x | 2.1x |
| Wed, 02 Feb 2022 | HK$398.3b | HK$214.6b | HK$42.0b | 5.6x | 9.5x | 1.9x |
| Fri, 31 Dec 2021 | HK$402.9b | HK$214.4b | HK$42.0b | 5.6x | 9.6x | 1.9x |
| Sun, 28 Nov 2021 | HK$382.0b | HK$209.6b | HK$42.9b | 5.4x | 8.9x | 1.8x |
Price to Earnings Ratio
8.9x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Infrastructure 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 PE ratio of 10.0x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have declined 3.2% per year over the last three years,
- Revenues have also declined 2.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 0.42% | |
| Industrials | 0.40% | |
| Infrastructure | 1.30% | |
| Marine Ports and Services | 2.59% | |
| Highways and Railtracks | 0.21% | |
| Airport Services | -1.01% | |
Industry PE
- Investors are most optimistic about the Marine Ports and Services industry, which is trading close to its 3-year average PE ratio of 9.5x.
- Analysts are expecting annual earnings growth of 5.0%, which is lower than the prior year's growth of 10.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 114% over the next 5 years.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 5.0% 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 | |
|---|---|---|---|---|---|
| 6198 Qingdao Port International | HK$5.70 | 7.1% +HK$2.5b | 43.2% | PE6.8x | |
| 144 China Merchants Port Holdings | HK$12.90 | 3.7% +HK$1.9b | 24.8% | PE7.4x | |
| 152 Shenzhen International Holdings | HK$6.70 | 6.7% +HK$1.0b | 15.7% | PE6.6x | |
| 1199 COSCO SHIPPING Ports | HK$4.38 | 4.0% +HK$624.3m | -15.4% | PE6.6x | |
| 576 Zhejiang Expressway | HK$5.28 | 1.7% +HK$539.4m | 3.9% | PE5.4x |
