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Hong Kong (HSI) Infrastructure Industry Analysis
UpdatedJan 20, 2022
DataAggregated Company Financials
Companies27
- 7D0.4%
- 3M3.4%
- 1Y-4.6%
- YTD1.8%
Over the last 7 days, the Infrastructure industry has remained flat, although notably China Merchants Port Holdings gained 3.1%. Unfortunately though, the industry is down 4.4% over the past 12 months.
Industry Valuation and Performance
Has the Hong Kong Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | HK$408.8b | HK$214.7b | HK$42.1b | 5.8x |
| Sat, 18 Dec 2021 | HK$392.0b | HK$214.6b | HK$42.0b | 5.6x |
| Mon, 15 Nov 2021 | HK$379.9b | HK$209.7b | HK$42.9b | 5.4x |
| Wed, 13 Oct 2021 | HK$392.6b | HK$202.5b | HK$43.1b | 5.3x |
| Fri, 10 Sep 2021 | HK$401.5b | HK$202.2b | HK$43.0b | 6.3x |
| Sun, 08 Aug 2021 | HK$365.6b | HK$202.2b | HK$43.0b | 5.6x |
| Sat, 01 May 2021 | HK$415.1b | HK$183.7b | HK$36.0b | 7.8x |
| Tue, 02 Feb 2021 | HK$377.4b | HK$167.1b | HK$28.5b | 8.6x |
| Fri, 06 Nov 2020 | HK$328.5b | HK$158.0b | HK$27.4b | 9.3x |
| Mon, 10 Aug 2020 | HK$349.9b | HK$149.2b | HK$27.2b | 11.4x |
| Sun, 03 May 2020 | HK$337.4b | HK$153.4b | HK$34.8b | 10.3x |
| Wed, 05 Feb 2020 | HK$384.0b | HK$163.2b | HK$42.9b | 8.9x |
| Sat, 09 Nov 2019 | HK$395.3b | HK$157.5b | HK$43.8b | 9.7x |
| Fri, 02 Aug 2019 | HK$409.1b | HK$158.4b | HK$44.1b | 9x |
| Mon, 06 May 2019 | HK$446.2b | HK$162.6b | HK$43.7b | 10.4x |
| Thu, 07 Feb 2019 | HK$411.1b | HK$163.0b | HK$42.2b | 11.3x |
PE Ratio
11.3x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Infrastructure industry have remained mostly flat over the last three years, while revenues for these companies have grown 9.6% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Hong Kong Infrastructure industry?
| Marine Ports and Services | 1.36% | |
| Highways and Railtracks | -0.12% | |
| Airport Services | -1.93% | |
Industry PE: Investors are most optimistic about the Marine Ports and Services industry even though it's trading below its 3-year average PE ratio of 10.1x. However analysts are expecting annual earnings growth of 5.0%, which is lower than the prior year's growth of 9.7% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Highways and Railtracks industry, which is trading below its 3-year average of 8.7x.
Forecasted Growth: Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 86% over the next 5 years. Meanwhile, the Highways and Railtracks industry is expected to see its earnings grow by 4.0% 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 | |
|---|---|---|---|---|---|
| 144 China Merchants Port Holdings | HK$15.04 | 2.6% +HK$1.4b | 29.7% | PE6.8x | |
| 6198 Qingdao Port International | HK$4.40 | 2.3% +HK$649.1m | -10.2% | PE5.9x | |
| 2880 Liaoning PortLtd | HK$0.74 | 1.4% +HK$239.9m | -12.9% | PE22.8x | |
| 737 Shenzhen Investment Holdings Bay Area Development | HK$2.80 | 2.2% +HK$184.9m | 1.8% | PE6.4x | |
| 152 Shenzhen International Holdings | HK$8.62 | 0.9% +HK$181.3m | -34.3% | PE6x |
