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Hong Kong (HSI) Infrastructure Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies26
- 7D3.2%
- 3M4.8%
- 1Y22.1%
- YTD19.6%
The Infrastructure industry is up 3.2% in the last week, with China Merchants Port Holdings up 4.3%. In the last 12 months, the industry was up 22%. 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | HK$426.7b | HK$192.6b | HK$38.6b | 8x | 11.1x | 2.2x |
| Thu, 28 Nov 2024 | HK$400.0b | HK$194.0b | HK$38.9b | 7.4x | 10.3x | 2.1x |
| Sat, 26 Oct 2024 | HK$405.4b | HK$196.8b | HK$39.1b | 7.9x | 10.4x | 2.1x |
| Mon, 23 Sep 2024 | HK$380.4b | HK$198.3b | HK$39.5b | 7.2x | 9.6x | 1.9x |
| Wed, 21 Aug 2024 | HK$401.9b | HK$192.2b | HK$37.5b | 7.9x | 10.7x | 2.1x |
| Fri, 19 Jul 2024 | HK$389.7b | HK$190.6b | HK$37.3b | 7.8x | 10.4x | 2x |
| Sun, 16 Jun 2024 | HK$389.2b | HK$190.7b | HK$37.4b | 8x | 10.4x | 2x |
| Tue, 14 May 2024 | HK$397.8b | HK$191.1b | HK$37.5b | 8.3x | 10.6x | 2.1x |
| Thu, 11 Apr 2024 | HK$366.7b | HK$190.8b | HK$37.1b | 7.3x | 9.9x | 1.9x |
| Sat, 09 Mar 2024 | HK$368.6b | HK$177.9b | HK$34.5b | 6.9x | 10.7x | 2.1x |
| Mon, 05 Feb 2024 | HK$356.7b | HK$206.7b | HK$34.9b | 7.4x | 10.2x | 1.7x |
| Wed, 03 Jan 2024 | HK$358.3b | HK$208.1b | HK$35.0b | 7.2x | 10.2x | 1.7x |
| Fri, 01 Dec 2023 | HK$339.0b | HK$208.0b | HK$35.0b | 6.8x | 9.7x | 1.6x |
| Sun, 29 Oct 2023 | HK$334.4b | HK$203.4b | HK$34.4b | 6.6x | 9.7x | 1.6x |
| Tue, 26 Sep 2023 | HK$348.4b | HK$203.5b | HK$33.9b | 6.7x | 10.3x | 1.7x |
| Thu, 24 Aug 2023 | HK$346.0b | HK$202.0b | HK$34.1b | 7.5x | 10.1x | 1.7x |
| Sat, 22 Jul 2023 | HK$359.8b | HK$203.3b | HK$34.1b | 7.2x | 10.6x | 1.8x |
| Mon, 19 Jun 2023 | HK$370.6b | HK$215.0b | HK$33.7b | 7.4x | 11x | 1.7x |
| Wed, 17 May 2023 | HK$402.4b | HK$217.9b | HK$34.2b | 8.5x | 11.8x | 1.8x |
| Fri, 14 Apr 2023 | HK$376.8b | HK$224.2b | HK$29.3b | 8.6x | 12.9x | 1.7x |
| Sun, 12 Mar 2023 | HK$372.0b | HK$223.4b | HK$37.4b | 6.5x | 9.9x | 1.7x |
| Tue, 07 Feb 2023 | HK$374.2b | HK$225.8b | HK$38.8b | 6.2x | 9.6x | 1.7x |
| Thu, 05 Jan 2023 | HK$373.1b | HK$223.6b | HK$38.4b | 6.1x | 9.7x | 1.7x |
| Sat, 03 Dec 2022 | HK$351.6b | HK$220.2b | HK$37.7b | 5.8x | 9.3x | 1.6x |
| Mon, 31 Oct 2022 | HK$299.3b | HK$218.9b | HK$36.9b | 4.7x | 8.1x | 1.4x |
| Wed, 28 Sep 2022 | HK$326.5b | HK$217.4b | HK$36.5b | 5.6x | 8.9x | 1.5x |
| Fri, 26 Aug 2022 | HK$354.6b | HK$222.7b | HK$40.3b | 5.9x | 8.8x | 1.6x |
| Sun, 24 Jul 2022 | HK$372.3b | HK$220.3b | HK$42.7b | 5.6x | 8.7x | 1.7x |
| Tue, 21 Jun 2022 | HK$377.1b | HK$221.1b | HK$42.8b | 6x | 8.8x | 1.7x |
| Thu, 19 May 2022 | HK$368.9b | HK$219.2b | HK$42.3b | 6.2x | 8.7x | 1.7x |
| Sat, 16 Apr 2022 | HK$400.6b | HK$226.0b | HK$45.5b | 5.7x | 8.8x | 1.8x |
| Mon, 14 Mar 2022 | HK$441.8b | HK$218.3b | HK$42.2b | 5.4x | 10.5x | 2x |
| Wed, 09 Feb 2022 | HK$418.4b | HK$214.6b | HK$42.0b | 5.9x | 10x | 1.9x |
| Fri, 07 Jan 2022 | HK$409.3b | HK$214.5b | HK$42.0b | 46.6x | 9.7x | 1.9x |
Price to Earnings Ratio
9.7x
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 10.1x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have declined 2.8% per year over the last three years,
- Revenues have also declined 3.5% 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 | 2.11% | |
| Industrials | 2.80% | |
| Infrastructure | 3.17% | |
| Highways and Railtracks | 3.70% | |
| Marine Ports and Services | 2.79% | |
| Airport Services | 1.15% | |
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 2.9%, 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 115% over the next 5 years.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 2.9% 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 | |
|---|---|---|---|---|---|
| 144 China Merchants Port Holdings | HK$13.72 | 4.3% +HK$2.4b | 28.9% | PE7.9x | |
| 6198 Qingdao Port International | HK$6.23 | 4.0% +HK$1.6b | 47.3% | PE7.5x | |
| 576 Zhejiang Expressway | HK$5.61 | 2.4% +HK$779.2m | 7.7% | PE5.8x | |
| 995 Anhui Expressway | HK$10.64 | 4.5% +HK$763.0m | 38.2% | PE10.8x | |
| 548 Shenzhen Expressway | HK$7.40 | 3.5% +HK$545.2m | 17.3% | PE7x |
