Is Freetech Road Recycling Technology (Holdings) (HKG:6888) Using Too Much Debt?
Nov 13
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Highways and Railtracks Industry Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies10
- 7D1.3%
- 3M4.0%
- 1Y29.8%
- YTDn/a
The Highways and Railtracks industry is up 1.3% in the last week, with Jiangsu Expressway up 2.9%. This means that the industry has gained 30% over the past year. As for the next few years, earnings are expected to grow by 5.7% per annum.
Industry Valuation and Performance
Has the Hong Kong Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Nov 2025 | HK$202.7b | HK$97.3b | HK$19.3b | 9.2x | 10.5x | 2.1x |
| Tue, 14 Oct 2025 | HK$191.6b | HK$96.6b | HK$19.3b | 8.5x | 9.9x | 2x |
| Thu, 11 Sep 2025 | HK$217.7b | HK$105.0b | HK$21.2b | 8.8x | 10.3x | 2.1x |
| Sat, 09 Aug 2025 | HK$227.4b | HK$109.9b | HK$21.4b | 9x | 10.6x | 2.1x |
| Mon, 07 Jul 2025 | HK$232.4b | HK$110.1b | HK$21.5b | 8.9x | 10.8x | 2.1x |
| Wed, 04 Jun 2025 | HK$228.2b | HK$109.8b | HK$21.4b | 8.9x | 10.7x | 2.1x |
| Fri, 02 May 2025 | HK$220.9b | HK$107.7b | HK$21.0b | 8.3x | 10.5x | 2.1x |
| Sun, 30 Mar 2025 | HK$212.3b | HK$106.7b | HK$20.5b | 8.6x | 10.4x | 2x |
| Tue, 25 Feb 2025 | HK$205.9b | HK$103.3b | HK$20.8b | 8.9x | 9.9x | 2x |
| Thu, 23 Jan 2025 | HK$202.4b | HK$103.3b | HK$20.8b | 8.5x | 9.7x | 2x |
| Sat, 21 Dec 2024 | HK$201.1b | HK$102.7b | HK$20.7b | 8.8x | 9.7x | 2x |
| Mon, 18 Nov 2024 | HK$191.1b | HK$103.7b | HK$20.9b | 8x | 9.2x | 1.8x |
| Wed, 16 Oct 2024 | HK$191.3b | HK$105.7b | HK$21.3b | 8.4x | 9x | 1.8x |
| Fri, 13 Sep 2024 | HK$185.0b | HK$106.0b | HK$21.3b | 7.8x | 8.7x | 1.7x |
| Sun, 11 Aug 2024 | HK$189.5b | HK$101.5b | HK$20.4b | 8.1x | 9.3x | 1.9x |
| Tue, 09 Jul 2024 | HK$191.3b | HK$100.6b | HK$20.3b | 8.1x | 9.4x | 1.9x |
| Thu, 06 Jun 2024 | HK$186.8b | HK$100.8b | HK$20.3b | 8.5x | 9.2x | 1.9x |
| Sat, 04 May 2024 | HK$176.7b | HK$101.0b | HK$20.4b | 7.8x | 8.7x | 1.7x |
| Mon, 01 Apr 2024 | HK$178.4b | HK$100.0b | HK$20.6b | 7.6x | 8.7x | 1.8x |
| Wed, 28 Feb 2024 | HK$184.4b | HK$89.5b | HK$20.0b | 8x | 9.2x | 2.1x |
| Fri, 26 Jan 2024 | HK$178.4b | HK$89.8b | HK$20.1b | 7.6x | 8.9x | 2x |
| Sun, 24 Dec 2023 | HK$166.0b | HK$90.7b | HK$20.2b | 7x | 8.2x | 1.8x |
| Tue, 21 Nov 2023 | HK$150.6b | HK$90.0b | HK$20.0b | 6.8x | 7.5x | 1.7x |
| Thu, 19 Oct 2023 | HK$156.3b | HK$87.5b | HK$19.7b | 7x | 8x | 1.8x |
| Sat, 16 Sep 2023 | HK$155.9b | HK$87.9b | HK$19.8b | 7x | 7.9x | 1.8x |
| Mon, 14 Aug 2023 | HK$156.5b | HK$85.3b | HK$19.1b | 7.6x | 8.2x | 1.8x |
| Wed, 12 Jul 2023 | HK$159.1b | HK$85.4b | HK$19.1b | 7.2x | 8.3x | 1.9x |
| Fri, 09 Jun 2023 | HK$165.8b | HK$86.2b | HK$19.3b | 7.6x | 8.6x | 1.9x |
| Sun, 07 May 2023 | HK$173.4b | HK$88.5b | HK$19.9b | 7.8x | 8.7x | 2x |
| Tue, 04 Apr 2023 | HK$157.1b | HK$85.1b | HK$19.7b | 7.9x | 8x | 1.8x |
| Thu, 02 Mar 2023 | HK$159.4b | HK$91.6b | HK$21.4b | 5.3x | 7.5x | 1.7x |
| Sat, 28 Jan 2023 | HK$165.7b | HK$92.3b | HK$21.5b | 6.1x | 7.7x | 1.8x |
| Mon, 26 Dec 2022 | HK$150.0b | HK$89.9b | HK$20.9b | 5.6x | 7.2x | 1.7x |
| Wed, 23 Nov 2022 | HK$139.1b | HK$88.1b | HK$20.5b | 5.2x | 6.8x | 1.6x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Highways and Railtracks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.5x which is higher than its 3-year average PE of 9.0x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Highways and Railtracks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.3% 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 Comparison
How does Hong Kong Highways and Railtracks compare with similar industries?
| HK Market | 1.84% | |
| Industrials | 0.96% | |
| Infrastructure | 2.45% | |
| Highways and Railtracks | 1.34% | |
| Airport Services | 3.79% | |
| Marine Ports and Services | 3.33% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 177 Jiangsu Expressway | HK$10.07 | 2.9% +HK$1.4b | 30.4% | PE9.9x | |
| 152 Shenzhen International Holdings | HK$8.61 | 3.4% +HK$684.2m | 35.8% | PE7.8x | |
| 576 Zhejiang Expressway | HK$7.68 | 1.1% +HK$483.0m | 46.0% | PE7.6x | |
| 737 Shenzhen Investment Holdings Bay Area Development | HK$1.88 | 2.2% +HK$123.3m | 0.5% | PE11.3x | |
| 1576 Qilu Expressway | HK$1.85 | 2.8% +HK$100.0m | -19.2% | PE8.2x |