We Think That There Are Issues Underlying Changan Minsheng APLL Logistics' (HKG:1292) Earnings
May 06
Hong Kong (HSI) Logistics Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies25
- 7D8.1%
- 3M-16.8%
- 1Y-12.5%
- YTD-25.3%
In the last week, the Logistics industry is up 8.1%, with J&T Global Express up 15%. In contrast, the industry has lost 13% in the last 12 months. Earnings are forecast to grow by 51% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | HK$195.8b | HK$463.7b | -HK$2,637,975,937.05 | 9.2x | -74.2x | 0.4x |
| Sun, 07 Apr 2024 | HK$211.1b | HK$462.5b | -HK$2,863,156,252.34 | 11.6x | -73.7x | 0.5x |
| Tue, 05 Mar 2024 | HK$121.4b | HK$403.4b | HK$4.8b | 8.3x | 25.5x | 0.3x |
| Thu, 01 Feb 2024 | HK$111.9b | HK$407.9b | HK$4.7b | 8.5x | 23.6x | 0.3x |
| Sat, 30 Dec 2023 | HK$130.6b | HK$407.8b | HK$4.7b | 8.3x | 27.6x | 0.3x |
| Mon, 27 Nov 2023 | HK$124.1b | HK$405.8b | HK$4.9b | 8x | 25.3x | 0.3x |
| Wed, 25 Oct 2023 | HK$116.9b | HK$393.9b | HK$4.6b | 7.3x | 25.6x | 0.3x |
| Fri, 22 Sep 2023 | HK$124.2b | HK$391.3b | HK$4.3b | 7.7x | 28.6x | 0.3x |
| Sun, 20 Aug 2023 | HK$133.4b | HK$415.0b | HK$5.1b | 8.1x | 26.2x | 0.3x |
| Tue, 18 Jul 2023 | HK$147.7b | HK$408.7b | HK$4.7b | 7.8x | 31.7x | 0.4x |
| Thu, 15 Jun 2023 | HK$147.9b | HK$399.7b | HK$4.2b | 7.3x | 34.9x | 0.4x |
| Sat, 13 May 2023 | HK$158.2b | HK$409.3b | HK$4.3b | 7.7x | 36.8x | 0.4x |
| Mon, 10 Apr 2023 | HK$153.7b | HK$414.5b | HK$4.3b | 7.2x | 35.4x | 0.4x |
| Wed, 08 Mar 2023 | HK$167.0b | HK$399.3b | HK$4.8b | 7.6x | 35x | 0.4x |
| Fri, 03 Feb 2023 | HK$187.8b | HK$408.6b | HK$4.8b | 8.6x | 39x | 0.5x |
| Sun, 01 Jan 2023 | HK$164.0b | HK$399.6b | HK$4.8b | 8.1x | 34.2x | 0.4x |
| Tue, 29 Nov 2022 | HK$145.4b | HK$388.9b | HK$4.8b | 7.5x | 30.5x | 0.4x |
| Thu, 27 Oct 2022 | HK$137.0b | HK$387.4b | HK$3.7b | 8.8x | 37.5x | 0.4x |
| Sat, 24 Sep 2022 | HK$158.5b | HK$394.9b | HK$3.6b | 9.1x | 43.6x | 0.4x |
| Mon, 22 Aug 2022 | HK$160.4b | HK$391.5b | -HK$1,108,298,828.00 | 9.9x | -144.7x | 0.4x |
| Wed, 20 Jul 2022 | HK$163.8b | HK$394.8b | -HK$1,082,279,115.00 | 7.8x | -151.4x | 0.4x |
| Fri, 17 Jun 2022 | HK$172.2b | HK$396.7b | -HK$851,675,047.00 | 8.1x | -202.2x | 0.4x |
| Sun, 15 May 2022 | HK$162.6b | HK$387.6b | -HK$11,985,552,753.00 | 8.5x | -13.6x | 0.4x |
| Tue, 12 Apr 2022 | HK$177.9b | HK$405.8b | -HK$13,151,501,673.00 | 8.5x | -13.5x | 0.4x |
| Thu, 10 Mar 2022 | HK$195.8b | HK$366.5b | -HK$16,484,513,691.00 | 6.2x | -11.9x | 0.5x |
| Sat, 05 Feb 2022 | HK$226.2b | HK$363.6b | -HK$16,282,637,979.00 | 6.9x | -13.9x | 0.6x |
| Mon, 03 Jan 2022 | HK$246.2b | HK$364.1b | -HK$16,322,240,342.00 | 6.6x | -15.1x | 0.7x |
| Wed, 01 Dec 2021 | HK$225.1b | HK$356.7b | -HK$15,286,263,464.00 | 7.7x | -14.7x | 0.6x |
| Fri, 29 Oct 2021 | HK$256.3b | HK$355.4b | -HK$15,198,092,447.00 | 6.6x | -16.9x | 0.7x |
| Sun, 26 Sep 2021 | HK$283.5b | HK$336.2b | -HK$15,046,285,700.00 | 6.2x | -18.8x | 0.8x |
| Tue, 24 Aug 2021 | HK$255.4b | HK$335.9b | -HK$15,023,728,392.27 | 8.4x | -17x | 0.8x |
| Wed, 30 Jun 2021 | HK$355.2b | HK$335.9b | -HK$15,023,728,392.27 | 8.7x | -23.6x | 1.1x |
Price to Earnings Ratio
-50x
Current Industry PE
- Investors are pessimistic on the Hong Kong Logistics industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
Past Earnings Growth
- The earnings for companies in the Logistics industry have improved over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 2.53% | |
| Industrials | 4.90% | |
| Logistics | 8.11% | |
| Air Freight and Logistics | 8.11% | |
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 | |
|---|---|---|---|---|---|
| 1519 J&T Global Express | HK$7.92 | 15.5% +HK$9.3b | n/a | PS1x | |
| 598 Sinotrans | HK$4.52 | 23.5% +HK$6.2b | 62.6% | PE7.5x | |
| 636 Kerry Logistics Network | HK$8.44 | 10.6% +HK$1.5b | -22.6% | PE9.4x | |
| 2130 CN Logistics International Holdings | HK$3.75 | 12.6% +HK$126.2m | -52.9% | PE23.3x | |
| 3399 Guangdong Yueyun Transportation | HK$1.20 | 7.1% +HK$64.0m | 25.0% | PE4.4x |
