China Ocean Group Development Limited's (HKG:8047) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 22
Hong Kong (HSI) Logistics Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies25
- 7D-6.6%
- 3M-7.9%
- 1Y-25.6%
- YTD-36.8%
Over the last 7 days, the Logistics industry has dropped 6.6%, driven by a pullback from J&T Global Express of 9.6%. Overall the industry is down 26% in 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, 26 Jul 2024 | HK$164.8b | HK$463.2b | -HK$2,624,428,143.65 | 7.5x | -62.8x | 0.4x |
| Sun, 23 Jun 2024 | HK$196.3b | HK$461.6b | -HK$2,643,477,199.41 | 8.1x | -74.3x | 0.4x |
| Tue, 21 May 2024 | HK$209.8b | HK$462.5b | -HK$2,632,507,349.67 | 9.6x | -79.7x | 0.5x |
| Thu, 18 Apr 2024 | HK$195.7b | HK$462.4b | -HK$2,866,743,394.20 | 10.7x | -68.3x | 0.4x |
| Sat, 16 Mar 2024 | HK$120.2b | HK$408.1b | HK$5.5b | 9.8x | 21.8x | 0.3x |
| Mon, 12 Feb 2024 | HK$116.7b | HK$405.2b | HK$4.8b | 8.9x | 24.4x | 0.3x |
| Wed, 10 Jan 2024 | HK$127.2b | HK$406.2b | HK$4.7b | 9.3x | 26.9x | 0.3x |
| Fri, 08 Dec 2023 | HK$123.9b | HK$407.1b | HK$4.9b | 7.5x | 25.2x | 0.3x |
| Sun, 05 Nov 2023 | HK$119.2b | HK$393.6b | HK$4.3b | 7.2x | 27.7x | 0.3x |
| Tue, 03 Oct 2023 | HK$127.9b | HK$394.7b | HK$4.6b | 8.2x | 27.9x | 0.3x |
| Thu, 31 Aug 2023 | HK$136.2b | HK$393.0b | HK$4.4b | 8.7x | 30.9x | 0.3x |
| Sat, 29 Jul 2023 | HK$152.2b | HK$408.5b | HK$4.7b | 8.3x | 32.7x | 0.4x |
| Mon, 26 Jun 2023 | HK$143.6b | HK$398.8b | HK$4.2b | 8x | 34x | 0.4x |
| Wed, 24 May 2023 | HK$148.1b | HK$404.2b | HK$4.3b | 7.3x | 34.8x | 0.4x |
| Fri, 21 Apr 2023 | HK$150.7b | HK$421.0b | HK$4.3b | 7.6x | 34.7x | 0.4x |
| Sun, 19 Mar 2023 | HK$157.9b | HK$415.4b | HK$4.6b | 7.5x | 34.2x | 0.4x |
| Tue, 14 Feb 2023 | HK$173.7b | HK$404.4b | HK$4.8b | 8.4x | 36.1x | 0.4x |
| Thu, 12 Jan 2023 | HK$173.9b | HK$405.3b | HK$4.8b | 9x | 36.2x | 0.4x |
| Sat, 10 Dec 2022 | HK$175.3b | HK$395.9b | HK$4.8b | 8.1x | 36.6x | 0.4x |
| Mon, 07 Nov 2022 | HK$140.0b | HK$378.8b | HK$4.0b | 8.1x | 35.3x | 0.4x |
| Wed, 05 Oct 2022 | HK$147.3b | HK$393.5b | HK$3.6b | 9x | 40.5x | 0.4x |
| Fri, 02 Sep 2022 | HK$178.5b | HK$402.7b | HK$3.6b | 8x | 49.7x | 0.4x |
| Sun, 31 Jul 2022 | HK$170.8b | HK$395.3b | -HK$1,089,613,122.00 | 7.9x | -156.8x | 0.4x |
| Tue, 28 Jun 2022 | HK$183.6b | HK$397.9b | -HK$886,913,236.00 | 8.2x | -207x | 0.5x |
| Thu, 26 May 2022 | HK$160.0b | HK$399.4b | -HK$872,881,769.00 | 8.3x | -183.3x | 0.4x |
| Sat, 23 Apr 2022 | HK$176.1b | HK$401.8b | -HK$12,945,436,868.00 | 8.7x | -13.6x | 0.4x |
| Mon, 21 Mar 2022 | HK$215.9b | HK$382.7b | -HK$11,082,062,572.00 | 6.3x | -19.5x | 0.6x |
| Wed, 16 Feb 2022 | HK$230.7b | HK$364.0b | -HK$16,296,662,347.00 | 6.8x | -14.2x | 0.6x |
| Fri, 14 Jan 2022 | HK$249.4b | HK$363.6b | -HK$16,288,192,004.00 | 7.5x | -15.3x | 0.7x |
| Sun, 12 Dec 2021 | HK$243.5b | HK$357.5b | -HK$15,342,968,789.00 | 7.4x | -15.9x | 0.7x |
| Tue, 09 Nov 2021 | HK$257.4b | HK$355.3b | -HK$15,194,861,692.00 | 6.5x | -16.9x | 0.7x |
| Thu, 07 Oct 2021 | HK$277.4b | HK$337.0b | -HK$15,107,511,467.00 | 6x | -18.4x | 0.8x |
| Sat, 04 Sep 2021 | HK$309.7b | HK$335.9b | -HK$15,023,728,392.27 | 9.3x | -20.6x | 0.9x |
| Mon, 02 Aug 2021 | HK$269.1b | HK$335.9b | -HK$15,023,728,392.27 | 8.1x | -17.9x | 0.8x |
Price to Earnings Ratio
-17.9x
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 0.46x.
Past Earnings Growth
- The earnings for companies in the Logistics industry have improved over the last three years.
- Revenues for these companies have grown 11% 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 | -3.89% | |
| Industrials | -2.87% | |
| Logistics | -6.59% | |
| Air Freight and Logistics | -6.59% | |
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 | |
|---|---|---|---|---|---|
| 6123 YTO International Express and Supply Chain Technology | HK$1.49 | 2.1% +HK$12.5m | -6.9% | PE6.4x | |
| 3399 Guangdong Yueyun Transportation | HK$1.24 | 0.8% +HK$8.0m | -13.9% | PE4.6x | |
| 1737 A & S Group (Holdings) | HK$0.13 | 3.1% +HK$4.0m | -0.7% | PE7.6x | |
| 8020 Unitas Holdings | HK$0.02 | 5.3% +HK$2.6m | n/a | PS0.6x | |
| 500 Frontier Services Group | HK$0.18 | 0.6% +HK$2.4m | -9.2% | PE8.4x |
