Qingdao Port International (HKG:6198) Is Experiencing Growth In Returns On Capital
Oct 01
Hong Kong (HSI) Marine Ports and Services Industry Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies14
- 7D0.4%
- 3M-3.2%
- 1Y14.3%
- YTD-3.4%
The Marine Ports and Services is pretty flat in the last 7 days, but COSCO SHIPPING Ports has stood out, gaining 5.6%. The past year has been better, since the industry has gained 13% in that time. Looking forward, earnings are forecast to grow by 6.8% annually.
Industry Valuation and Performance
Has the Hong Kong Marine Ports and Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | HK$169.5b | HK$111.1b | HK$17.9b | 6.4x | 9.5x | 1.5x |
| Thu, 31 Aug 2023 | HK$166.5b | HK$111.6b | HK$19.4b | 6.2x | 8.6x | 1.5x |
| Sat, 29 Jul 2023 | HK$178.7b | HK$114.0b | HK$19.0b | 8.7x | 9.4x | 1.6x |
| Mon, 26 Jun 2023 | HK$173.9b | HK$124.8b | HK$18.4b | 8.4x | 9.5x | 1.4x |
| Wed, 24 May 2023 | HK$187.8b | HK$125.6b | HK$18.5b | 9.2x | 10.1x | 1.5x |
| Fri, 21 Apr 2023 | HK$183.2b | HK$127.1b | HK$18.7b | 8.9x | 9.8x | 1.4x |
| Sun, 19 Mar 2023 | HK$184.5b | HK$128.4b | HK$20.0b | 6.4x | 9.2x | 1.4x |
| Tue, 14 Feb 2023 | HK$177.4b | HK$128.8b | HK$20.1b | 6.2x | 8.8x | 1.4x |
| Thu, 12 Jan 2023 | HK$179.3b | HK$128.9b | HK$20.1b | 6.8x | 8.9x | 1.4x |
| Sat, 10 Dec 2022 | HK$178.1b | HK$127.4b | HK$19.8b | 6.5x | 9x | 1.4x |
| Mon, 07 Nov 2022 | HK$158.8b | HK$126.5b | HK$18.8b | 5.2x | 8.5x | 1.3x |
| Wed, 05 Oct 2022 | HK$156.5b | HK$125.8b | HK$18.7b | 5.2x | 8.4x | 1.2x |
| Fri, 02 Sep 2022 | HK$171.3b | HK$129.0b | HK$19.3b | 6.2x | 8.9x | 1.3x |
| Sun, 31 Jul 2022 | HK$180.4b | HK$123.1b | HK$20.2b | 7.1x | 8.9x | 1.5x |
| Tue, 28 Jun 2022 | HK$184.1b | HK$123.7b | HK$20.2b | 7x | 9.1x | 1.5x |
| Thu, 26 May 2022 | HK$186.8b | HK$124.1b | HK$20.3b | 6.6x | 9.2x | 1.5x |
| Sat, 23 Apr 2022 | HK$184.7b | HK$124.0b | HK$20.7b | 6.2x | 8.9x | 1.5x |
| Mon, 21 Mar 2022 | HK$185.8b | HK$114.5b | HK$18.8b | 5.8x | 9.9x | 1.6x |
| Wed, 16 Feb 2022 | HK$198.8b | HK$114.4b | HK$18.8b | 6.4x | 10.6x | 1.7x |
| Fri, 14 Jan 2022 | HK$196.4b | HK$114.3b | HK$18.8b | 6.2x | 10.4x | 1.7x |
| Sun, 12 Dec 2021 | HK$191.5b | HK$114.2b | HK$18.8b | 6x | 10.2x | 1.7x |
| Tue, 09 Nov 2021 | HK$173.1b | HK$109.4b | HK$19.7b | 5.3x | 8.8x | 1.6x |
| Thu, 07 Oct 2021 | HK$188.7b | HK$105.7b | HK$19.9b | 5.6x | 9.5x | 1.8x |
| Sat, 04 Sep 2021 | HK$185.5b | HK$105.4b | HK$19.9b | 7.7x | 9.3x | 1.8x |
| Mon, 02 Aug 2021 | HK$171.7b | HK$105.4b | HK$19.9b | 6.8x | 8.6x | 1.6x |
| Thu, 06 May 2021 | HK$185.4b | HK$97.4b | HK$17.8b | 8.5x | 10.4x | 1.9x |
| Sun, 07 Feb 2021 | HK$156.9b | HK$90.1b | HK$15.5b | 9x | 10.2x | 1.7x |
| Sat, 31 Oct 2020 | HK$132.5b | HK$86.9b | HK$14.5b | 8.1x | 9.1x | 1.5x |
Price to Earnings Ratio
9x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Marine Ports and Services 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 9.5x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Marine Ports and Services industry have grown 7.3% per year over the last three years.
- Revenues for these companies have grown 8.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Marine Ports and Services compare with similar industries?
| HK Market | 1.38% | |
| Industrials | 0.74% | |
| Infrastructure | -0.42% | |
| Marine Ports and Services | 0.40% | |
| Airport Services | 0.40% | |
| Highways and Railtracks | -1.40% | |
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 | |
|---|---|---|---|---|---|
| 2880 Liaoning Port | HK$0.68 | 6.3% +HK$959.5m | 13.3% | PE13x | |
| 1199 COSCO SHIPPING Ports | HK$5.12 | 2.0% +HK$350.1m | 15.6% | PE8.2x | |
| 3382 Tianjin Port Development Holdings | HK$0.53 | 1.9% +HK$61.6m | 8.2% | PE6.1x | |
| 498 Blue River Holdings | HK$0.30 | 15.4% +HK$41.6m | 0% | PS4.1x | |
| 871 China Dredging Environment Protection Holdings | HK$0.065 | 16.1% +HK$13.5m | -33.7% | PS0.2x |
