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Hong Kong (HSI) Infrastructure Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies26
  • 7D-1.2%
  • 3M6.2%
  • 1Y-9.8%
  • YTD2.1%

Over the last 7 days, the Infrastructure industry has dropped 1.2%, driven by declines in Jiangsu Expressway and China Merchants Port Holdings of 2.1% and 2.0%, respectively. In contrast, Beijing Capital International Airport has gained 5.5%. However, the industry is down 9.8% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

Has the Hong Kong Infrastructure Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$359.8bHK$178.0bHK$34.5b6.7x10.4x2x
Wed, 14 Feb 2024HK$357.6bHK$177.1bHK$34.3b6.9x10.4x2x
Fri, 12 Jan 2024HK$363.1bHK$207.8bHK$35.0b7.4x10.4x1.7x
Sun, 10 Dec 2023HK$338.3bHK$207.5bHK$34.9b6.9x9.7x1.6x
Tue, 07 Nov 2023HK$336.1bHK$205.8bHK$34.6b7x9.7x1.6x
Thu, 05 Oct 2023HK$346.7bHK$203.9bHK$34.0b6.5x10.2x1.7x
Sat, 02 Sep 2023HK$344.3bHK$205.0bHK$34.1b6.5x10.1x1.7x
Mon, 31 Jul 2023HK$368.9bHK$203.5bHK$34.1b7.7x10.8x1.8x
Wed, 28 Jun 2023HK$362.9bHK$213.8bHK$33.4b7.5x10.9x1.7x
Fri, 26 May 2023HK$379.4bHK$216.5bHK$33.9b7.9x11.2x1.8x
Sun, 23 Apr 2023HK$380.7bHK$217.9bHK$33.2b7.6x11.5x1.7x
Tue, 21 Mar 2023HK$380.3bHK$224.7bHK$37.4b6.6x10.2x1.7x
Thu, 16 Feb 2023HK$371.3bHK$224.8bHK$38.6b6x9.6x1.7x
Sat, 14 Jan 2023HK$378.8bHK$226.3bHK$38.9b6.2x9.7x1.7x
Mon, 12 Dec 2022HK$366.7bHK$221.7bHK$38.0b5.9x9.6x1.7x
Wed, 09 Nov 2022HK$324.7bHK$219.0bHK$36.6b5.4x8.9x1.5x
Fri, 07 Oct 2022HK$320.8bHK$217.6bHK$36.6b5.3x8.8x1.5x
Sun, 04 Sep 2022HK$347.7bHK$222.5bHK$37.3b5.8x9.3x1.6x
Tue, 02 Aug 2022HK$363.5bHK$226.6bHK$41.9b5.4x8.7x1.6x
Thu, 30 Jun 2022HK$385.4bHK$221.3bHK$42.8b6.2x9x1.7x
Sat, 28 May 2022HK$379.0bHK$220.5bHK$42.7b6.2x8.9x1.7x
Mon, 25 Apr 2022HK$384.2bHK$223.1bHK$44.9b5.8x8.6x1.7x
Wed, 23 Mar 2022HK$432.5bHK$217.9bHK$42.1b5.4x10.3x2x
Fri, 18 Feb 2022HK$423.1bHK$215.3bHK$42.2b5.8x10x2x
Sun, 16 Jan 2022HK$407.0bHK$214.6bHK$42.0b5.8x9.7x1.9x
Tue, 14 Dec 2021HK$393.0bHK$214.5bHK$42.0b5.6x9.4x1.8x
Thu, 11 Nov 2021HK$377.0bHK$209.4bHK$42.9b5.2x8.8x1.8x
Sat, 09 Oct 2021HK$403.9bHK$202.7bHK$43.1b5.5x9.4x2x
Mon, 06 Sep 2021HK$389.8bHK$202.2bHK$43.0b6x9.1x1.9x
Wed, 04 Aug 2021HK$368.7bHK$202.2bHK$43.0b5.8x8.6x1.8x
Sat, 08 May 2021HK$415.1bHK$183.7bHK$36.0b7.8x11.5x2.3x
Price to Earnings Ratio

11.6x


Total Market Cap: HK$417.0bTotal Earnings: HK$36.0bTotal Revenue: HK$183.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Infrastructure Industry Price to Earnings3Y Average 9.9x202220232024
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 9.9x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Infrastructure industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Industrials industry?

HK Market1.55%
Industrials1.42%
Infrastructure-1.21%
Airport Services5.47%
Marine Ports and Services-0.56%
Highways and Railtracks-2.29%
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 9.4x.
    • Analysts are expecting annual earnings growth of 5.9%, which is lower than the prior year's growth of 9.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 116% over the next 5 years.
  • In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 5.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
107 Sichuan ExpresswayHK$2.897.0%
+HK$581.0m
51.3%PE6.3x
6198 Qingdao Port InternationalHK$4.671.7%
+HK$519.3m
14.2%PE5.7x
694 Beijing Capital International AirportHK$2.534.5%
+HK$503.7m
-58.9%PS2.9x
3369 Qinhuangdao PortHK$1.655.1%
+HK$447.0m
41.0%PE5.7x
357 Hainan Meilan International AirportHK$7.496.7%
+HK$222.4m
-57.0%PS2.1x
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Latest News

144

HK$9.47

China Merchants Port Holdings

7D

-0.4%

1Y

-21.2%

1719

HK$0.91

China Infrastructure & Logistics Group

7D

3.4%

1Y

-9.0%

3382

HK$0.54

Tianjin Port Development Holdings

7D

1.9%

1Y

-11.5%

517

HK$3.68

COSCO SHIPPING International (Hong Kong)

7D

-2.4%

1Y

49.6%

576

HK$5.89

Zhejiang Expressway

7D

-0.5%

1Y

-5.2%

1052

HK$3.79

Yuexiu Transport Infrastructure

7D

-1.8%

1Y

-8.0%

107

HK$2.89

Sichuan Expressway

7D

7.0%

1Y

51.3%

1785

HK$2.22

Chengdu Expressway

7D

-4.7%

1Y

16.2%

694

HK$2.53

Beijing Capital International Airport

7D

4.5%

1Y

-58.9%