Solid Earnings Reflect JD Logistics' (HKG:2618) Strength As A Business
Sep 12
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Logistics Industry Analysis
UpdatedSep 17, 2025
DataAggregated Company Financials
Companies24
- 7D0.3%
- 3M19.5%
- 1Y44.4%
- YTD30.0%
Last week, the Logistics industry hasn't moved much but JD Logistics is up 3.0% in that time. As for the the longer term, the industry is up 44% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Hong Kong Logistics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Sep 2025 | HK$248.6b | HK$532.3b | HK$14.3b | 14.4x | 17.4x | 0.5x |
| Sat, 16 Aug 2025 | HK$255.0b | HK$529.8b | HK$13.6b | 11.5x | 18.8x | 0.5x |
| Mon, 14 Jul 2025 | HK$235.7b | HK$523.8b | HK$13.5b | 11.5x | 17.4x | 0.4x |
| Wed, 11 Jun 2025 | HK$208.0b | HK$523.2b | HK$13.5b | 10.4x | 15.4x | 0.4x |
| Fri, 09 May 2025 | HK$190.6b | HK$510.8b | HK$13.1b | 11.3x | 14.6x | 0.4x |
| Sun, 06 Apr 2025 | HK$194.6b | HK$509.4b | HK$13.2b | 11.9x | 14.8x | 0.4x |
| Tue, 04 Mar 2025 | HK$204.4b | HK$496.1b | HK$8.1b | 12.4x | 25.3x | 0.4x |
| Thu, 30 Jan 2025 | HK$201.2b | HK$499.1b | HK$8.2b | 12.3x | 24.7x | 0.4x |
| Sat, 28 Dec 2024 | HK$199.3b | HK$494.9b | HK$8.1b | 10.6x | 24.7x | 0.4x |
| Mon, 25 Nov 2024 | HK$199.2b | HK$498.9b | HK$8.2b | 11.5x | 24.4x | 0.4x |
| Wed, 23 Oct 2024 | HK$215.5b | HK$496.4b | HK$6.3b | 10.4x | 34.4x | 0.4x |
| Fri, 20 Sep 2024 | HK$177.7b | HK$500.4b | HK$6.3b | 11x | 28x | 0.4x |
| Sun, 18 Aug 2024 | HK$187.2b | HK$474.9b | HK$575.8m | 7.3x | 325.1x | 0.4x |
| Tue, 16 Jul 2024 | HK$179.4b | HK$461.7b | -HK$2,641,084,308.35 | 7.7x | -67.9x | 0.4x |
| Thu, 13 Jun 2024 | HK$192.8b | HK$462.1b | -HK$2,651,314,201.36 | 9.2x | -72.7x | 0.4x |
| Sat, 11 May 2024 | HK$200.4b | HK$463.7b | -HK$2,636,417,596.82 | 9.4x | -76x | 0.4x |
| Mon, 08 Apr 2024 | HK$211.1b | HK$462.5b | -HK$2,863,156,252.34 | 11.6x | -73.7x | 0.5x |
| Wed, 06 Mar 2024 | HK$118.8b | HK$403.4b | HK$4.8b | 8.4x | 24.9x | 0.3x |
| Fri, 02 Feb 2024 | HK$113.9b | HK$404.2b | HK$4.7b | 8.6x | 24.2x | 0.3x |
| Sun, 31 Dec 2023 | HK$130.7b | HK$407.5b | HK$4.7b | 8.3x | 27.6x | 0.3x |
| Tue, 28 Nov 2023 | HK$124.6b | HK$405.6b | HK$4.9b | 7.9x | 25.4x | 0.3x |
| Thu, 26 Oct 2023 | HK$118.6b | HK$393.7b | HK$4.6b | 7.1x | 26x | 0.3x |
| Sat, 23 Sep 2023 | HK$127.7b | HK$396.3b | HK$4.8b | 7.9x | 26.8x | 0.3x |
| Mon, 21 Aug 2023 | HK$133.4b | HK$415.0b | HK$5.1b | 8.1x | 26.2x | 0.3x |
| Wed, 19 Jul 2023 | HK$145.2b | HK$408.3b | HK$4.7b | 7.8x | 31.2x | 0.4x |
| Fri, 16 Jun 2023 | HK$152.8b | HK$398.8b | HK$4.2b | 7.4x | 36.1x | 0.4x |
| Sun, 14 May 2023 | HK$158.2b | HK$408.9b | HK$4.3b | 7.4x | 36.9x | 0.4x |
| Tue, 11 Apr 2023 | HK$153.6b | HK$414.2b | HK$4.3b | 7.2x | 35.4x | 0.4x |
| Thu, 09 Mar 2023 | HK$162.5b | HK$398.3b | HK$4.8b | 7.6x | 34.1x | 0.4x |
| Sat, 04 Feb 2023 | HK$182.9b | HK$408.0b | HK$4.8b | 8.6x | 38x | 0.4x |
| Mon, 02 Jan 2023 | HK$164.0b | HK$399.6b | HK$4.8b | 8.1x | 34.2x | 0.4x |
| Wed, 30 Nov 2022 | HK$153.6b | HK$387.5b | HK$4.8b | 7.4x | 32.2x | 0.4x |
| Fri, 28 Oct 2022 | HK$138.8b | HK$379.1b | HK$4.0b | 7.5x | 34.9x | 0.4x |
| Sun, 25 Sep 2022 | HK$158.3b | HK$392.9b | HK$3.6b | 9.1x | 43.5x | 0.4x |
Price to Earnings Ratio
43.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Logistics industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.4x which is higher than its 3-year average PE of 15.6x.
- The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
- The earnings for companies in the Logistics industry have grown 58% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 0.94% | |
| Industrials | 1.47% | |
| Logistics | 0.28% | |
| Air Freight and Logistics | 0.28% | |
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 | |
|---|---|---|---|---|---|
| 598 Sinotrans | HK$5.07 | 6.7% +HK$2.3b | 54.6% | PE8.5x | |
| 9699 Hangzhou SF Intra-city Industrial | HK$14.52 | 5.1% +HK$640.0m | 30.6% | PE58.5x | |
| 2618 JD Logistics | HK$13.95 | 0.7% +HK$615.7m | 36.2% | PE12x | |
| 636 KLN Logistics Group | HK$7.82 | 2.6% +HK$361.5m | 5.7% | PE9.7x | |
| 8292 Worldgate Global Logistics | HK$0.58 | 7.4% +HK$43.1m | 1,015.4% | PS3.2x |
