China Merchants Port Holdings (HKG:144) Will Pay A Dividend Of HK$0.48
Apr 22
Hong Kong (HSI) Marine Ports and Services Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies13
- 7D1.7%
- 3M8.7%
- 1Y-0.6%
- YTDn/a
In the last week, the Marine Ports and Services industry is up 1.7%, with Qingdao Port International up 5.0%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 5.6% 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, 23 Apr 2024 | HK$177.0b | HK$82.5b | HK$18.4b | 6.3x | 9.6x | 2.1x |
| Thu, 21 Mar 2024 | HK$164.1b | HK$81.8b | HK$17.5b | 6.2x | 9.4x | 2x |
| Sat, 17 Feb 2024 | HK$165.7b | HK$82.2b | HK$17.6b | 5.8x | 9.4x | 2x |
| Mon, 15 Jan 2024 | HK$174.5b | HK$111.6b | HK$18.1b | 6.8x | 9.6x | 1.6x |
| Wed, 13 Dec 2023 | HK$170.2b | HK$111.4b | HK$18.1b | 6.7x | 9.4x | 1.5x |
| Fri, 10 Nov 2023 | HK$162.8b | HK$110.8b | HK$18.0b | 6.6x | 9x | 1.5x |
| Sun, 08 Oct 2023 | HK$168.6b | HK$111.1b | HK$17.9b | 6.5x | 9.4x | 1.5x |
| Tue, 05 Sep 2023 | HK$169.7b | HK$111.3b | HK$17.9b | 6.5x | 9.5x | 1.5x |
| Thu, 03 Aug 2023 | HK$174.6b | HK$113.8b | HK$19.0b | 8.8x | 9.2x | 1.5x |
| Sat, 01 Jul 2023 | HK$176.4b | HK$113.6b | HK$18.9b | 8.4x | 9.3x | 1.6x |
| Mon, 29 May 2023 | HK$183.5b | HK$125.5b | HK$18.5b | 8.9x | 9.9x | 1.5x |
| Wed, 26 Apr 2023 | HK$182.1b | HK$126.8b | HK$18.7b | 8.6x | 9.7x | 1.4x |
| Fri, 24 Mar 2023 | HK$184.6b | HK$128.8b | HK$20.1b | 6.5x | 9.2x | 1.4x |
| Sun, 19 Feb 2023 | HK$175.3b | HK$128.5b | HK$20.0b | 6.1x | 8.8x | 1.4x |
| Tue, 17 Jan 2023 | HK$180.0b | HK$129.1b | HK$20.1b | 6.7x | 8.9x | 1.4x |
| Thu, 15 Dec 2022 | HK$177.9b | HK$127.5b | HK$19.8b | 6.7x | 9x | 1.4x |
| Sat, 12 Nov 2022 | HK$164.6b | HK$126.4b | HK$18.8b | 5.7x | 8.8x | 1.3x |
| Mon, 10 Oct 2022 | HK$158.0b | HK$125.8b | HK$18.7b | 5.2x | 8.5x | 1.3x |
| Wed, 07 Sep 2022 | HK$174.7b | HK$127.9b | HK$18.9b | 5.9x | 9.3x | 1.4x |
| Fri, 05 Aug 2022 | HK$171.8b | HK$129.0b | HK$19.4b | 6.5x | 8.9x | 1.3x |
| Sun, 03 Jul 2022 | HK$182.4b | HK$123.5b | HK$20.2b | 6.7x | 9x | 1.5x |
| Tue, 31 May 2022 | HK$188.9b | HK$123.6b | HK$20.2b | 7x | 9.3x | 1.5x |
| Thu, 28 Apr 2022 | HK$176.5b | HK$122.8b | HK$20.6b | 6x | 8.6x | 1.4x |
| Sat, 26 Mar 2022 | HK$184.3b | HK$114.5b | HK$18.8b | 5.7x | 9.8x | 1.6x |
| Mon, 21 Feb 2022 | HK$202.1b | HK$114.7b | HK$18.9b | 6.5x | 10.7x | 1.8x |
| Wed, 19 Jan 2022 | HK$195.4b | HK$114.4b | HK$18.8b | 6.3x | 10.4x | 1.7x |
| Fri, 17 Dec 2021 | HK$190.2b | HK$114.3b | HK$18.8b | 6x | 10.1x | 1.7x |
| Sun, 14 Nov 2021 | HK$175.7b | HK$109.6b | HK$19.8b | 5.4x | 8.9x | 1.6x |
| Tue, 12 Oct 2021 | HK$187.5b | HK$105.7b | HK$19.9b | 5.6x | 9.4x | 1.8x |
| Thu, 09 Sep 2021 | HK$190.1b | HK$105.4b | HK$19.9b | 7.3x | 9.6x | 1.8x |
| Sat, 07 Aug 2021 | HK$170.0b | HK$105.4b | HK$19.9b | 6.8x | 8.5x | 1.6x |
| Fri, 30 Apr 2021 | HK$185.4b | HK$97.4b | HK$17.8b | 8.5x | 10.4x | 1.9x |
Price to Earnings Ratio
10.4x
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 9.4x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Marine Ports and Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 5.4% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Hong Kong Marine Ports and Services compare with similar industries?
| HK Market | -0.66% | |
| Industrials | -1.15% | |
| Infrastructure | 0.46% | |
| Marine Ports and Services | 1.67% | |
| Highways and Railtracks | -0.51% | |
| Airport Services | -1.84% | |
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 | |
|---|---|---|---|---|---|
| 144 China Merchants Port Holdings | HK$10.10 | 1.7% +HK$713.7m | -13.2% | PE6.8x | |
| 6198 Qingdao Port International | HK$5.04 | 2.0% +HK$649.1m | 13.5% | PE6.1x | |
| 3369 Qinhuangdao Port | HK$1.69 | 4.3% +HK$391.1m | 38.5% | PE5.7x | |
| 1199 COSCO SHIPPING Ports | HK$4.55 | 1.3% +HK$213.8m | -6.6% | PE6.4x | |
| 3382 Tianjin Port Development Holdings | HK$0.57 | 3.6% +HK$123.2m | -3.4% | PE4.8x |
