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Hong Kong (HSI) Highways and Railtracks Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies11
  • 7D-2.3%
  • 3M11.1%
  • 1Y-1.1%
  • YTDn/a

Over the last 7 days, the Highways and Railtracks industry has dropped 2.3%, driven by a pullback from Jiangsu Expressway of 2.1%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

Has the Hong Kong Highways and Railtracks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$181.2bHK$90.5bHK$20.2b7.8x9x2x
Wed, 14 Feb 2024HK$177.8bHK$89.5bHK$20.0b7.5x8.9x2x
Fri, 12 Jan 2024HK$175.6bHK$90.4bHK$20.1b7.5x8.7x1.9x
Sun, 10 Dec 2023HK$154.8bHK$90.2bHK$20.1b6.9x7.7x1.7x
Tue, 07 Nov 2023HK$153.9bHK$89.1bHK$19.8b7.1x7.8x1.7x
Thu, 05 Oct 2023HK$157.2bHK$87.7bHK$19.7b6.8x8x1.8x
Sat, 02 Sep 2023HK$154.1bHK$88.6bHK$19.8b6.9x7.8x1.7x
Mon, 31 Jul 2023HK$161.0bHK$85.6bHK$19.1b7.4x8.4x1.9x
Wed, 28 Jun 2023HK$158.2bHK$85.3bHK$19.0b7.3x8.3x1.9x
Fri, 26 May 2023HK$160.8bHK$86.9bHK$19.4b7.5x8.3x1.9x
Sun, 23 Apr 2023HK$163.3bHK$87.0bHK$18.7b7.6x8.8x1.9x
Tue, 21 Mar 2023HK$160.9bHK$92.1bHK$20.3b6.3x7.9x1.7x
Thu, 16 Feb 2023HK$158.3bHK$91.9bHK$21.4b5.3x7.4x1.7x
Sat, 14 Jan 2023HK$160.2bHK$92.8bHK$21.7b5.9x7.4x1.7x
Mon, 12 Dec 2022HK$150.9bHK$90.0bHK$21.0b5.6x7.2x1.7x
Wed, 09 Nov 2022HK$134.5bHK$88.4bHK$20.6b5x6.5x1.5x
Fri, 07 Oct 2022HK$130.9bHK$87.4bHK$20.4b5.2x6.4x1.5x
Sun, 04 Sep 2022HK$144.9bHK$89.6bHK$21.0b5.7x6.9x1.6x
Tue, 02 Aug 2022HK$154.8bHK$91.8bHK$24.2b5.1x6.4x1.7x
Thu, 30 Jun 2022HK$167.8bHK$92.2bHK$24.3b5.7x6.9x1.8x
Sat, 28 May 2022HK$164.8bHK$91.7bHK$24.2b5.5x6.8x1.8x
Mon, 25 Apr 2022HK$172.7bHK$93.7bHK$25.8b5.4x6.7x1.8x
Wed, 23 Mar 2022HK$217.2bHK$97.0bHK$27.3b5x8x2.2x
Fri, 18 Feb 2022HK$185.6bHK$94.4bHK$27.4b5.2x6.8x2x
Sun, 16 Jan 2022HK$177.9bHK$94.1bHK$27.3b5.1x6.5x1.9x
Tue, 14 Dec 2021HK$169.0bHK$94.0bHK$27.3b5.4x6.2x1.8x
Thu, 11 Nov 2021HK$167.4bHK$93.7bHK$27.2b4.7x6.2x1.8x
Sat, 09 Oct 2021HK$175.3bHK$91.0bHK$27.1b4.9x6.5x1.9x
Mon, 06 Sep 2021HK$171.9bHK$90.7bHK$27.0b5.7x6.4x1.9x
Wed, 04 Aug 2021HK$166.1bHK$90.7bHK$27.0b5.4x6.2x1.8x
Sat, 08 May 2021HK$188.2bHK$81.2bHK$22.6b7.6x8.3x2.3x
Price to Earnings Ratio

8.4x


Total Market Cap: HK$188.6bTotal Earnings: HK$22.6bTotal Revenue: HK$81.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Highways and Railtracks Industry Price to Earnings3Y Average 7.4x202220232024
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 9.0x which is higher than its 3-year average PE of 7.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Highways and Railtracks industry have declined 3.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.7% 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, which has decreased profits.

Industry Comparison

How does Hong Kong Highways and Railtracks compare with similar industries?

HK Market1.55%
Industrials1.42%
Infrastructure-1.21%
Highways and Railtracks-2.29%
Airport Services5.47%
Marine Ports and Services-0.56%
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?

CompanyLast Price7D1YValuation
107 Sichuan ExpresswayHK$2.897.0%
+HK$581.0m
51.3%PE6.3x
152 Shenzhen International HoldingsHK$6.180.3%
+HK$47.9m
-14.6%PE19.3x
1576 Qilu ExpresswayHK$1.991.0%
+HK$40.0m
-12.7%PE5.4x
995 Anhui ExpresswayHK$8.970.2%
+HK$33.2m
12.3%PE8.4x
6888 Freetech Road Recycling Technology (Holdings)HK$0.176.9%
+HK$11.9m
-5.6%PS0.4x
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Latest News

1576

HK$1.99

Qilu Expressway

7D

1.0%

1Y

-12.7%

152

HK$6.18

Shenzhen International Holdings

7D

0.3%

1Y

-14.6%

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%