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Hong Kong (HSI) Machinery Industry Analysis

UpdatedMar 01, 2024
DataAggregated Company Financials
Companies47
  • 7D2.3%
  • 3M7.3%
  • 1Y1.6%
  • YTD4.4%

Over the last 7 days, the Machinery industry has risen 1.8%, driven by gains from Ubtech Robotics of 8.4%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Hong Kong Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024HK$630.9bHK$616.4bHK$36.7b9.2x17.2x1x
Sun, 28 Jan 2024HK$595.8bHK$618.3bHK$36.8b8.7x16.2x1x
Tue, 26 Dec 2023HK$553.9bHK$617.8bHK$37.9b8.8x14.6x0.9x
Thu, 23 Nov 2023HK$562.1bHK$616.1bHK$37.9b9.4x14.8x0.9x
Sat, 21 Oct 2023HK$510.6bHK$594.0bHK$35.0b9.4x14.6x0.9x
Mon, 18 Sep 2023HK$538.0bHK$596.7bHK$34.9b9.9x15.4x0.9x
Wed, 16 Aug 2023HK$550.4bHK$565.3bHK$31.0b9.4x17.7x1x
Fri, 14 Jul 2023HK$578.2bHK$573.6bHK$32.4b9.8x17.8x1x
Sun, 11 Jun 2023HK$533.8bHK$576.9bHK$32.7b11.2x16.3x0.9x
Tue, 09 May 2023HK$598.2bHK$589.3bHK$33.2b12.2x18x1x
Thu, 06 Apr 2023HK$578.0bHK$579.0bHK$31.3b12.6x18.5x1x
Sat, 04 Mar 2023HK$588.2bHK$552.4bHK$31.1b12x18.9x1.1x
Mon, 30 Jan 2023HK$620.4bHK$563.2bHK$31.9b12.7x19.5x1.1x
Wed, 28 Dec 2022HK$542.5bHK$550.3bHK$31.2b11.2x17.4x1x
Fri, 25 Nov 2022HK$472.3bHK$520.8bHK$28.2b11.4x16.8x0.9x
Sun, 23 Oct 2022HK$413.0bHK$514.4bHK$28.4b11x14.5x0.8x
Tue, 20 Sep 2022HK$462.1bHK$527.5bHK$29.1b11.6x15.9x0.9x
Thu, 18 Aug 2022HK$536.1bHK$611.6bHK$35.7b10.5x15x0.9x
Sat, 16 Jul 2022HK$488.6bHK$610.7bHK$35.8b10.8x13.7x0.8x
Mon, 13 Jun 2022HK$548.5bHK$613.7bHK$35.9b10.9x15.3x0.9x
Wed, 11 May 2022HK$526.7bHK$652.7bHK$38.4b10x13.7x0.8x
Fri, 08 Apr 2022HK$600.3bHK$712.0bHK$42.6b10x14.1x0.8x
Sun, 06 Mar 2022HK$658.4bHK$746.4bHK$47.5b11.1x13.9x0.9x
Tue, 01 Feb 2022HK$659.3bHK$731.3bHK$46.4b11.3x14.2x0.9x
Thu, 30 Dec 2021HK$754.5bHK$731.1bHK$46.4b11.6x16.3x1x
Sat, 27 Nov 2021HK$742.8bHK$728.1bHK$46.1b11.3x16.1x1x
Mon, 25 Oct 2021HK$745.1bHK$741.8bHK$46.7b11.8x16x1x
Wed, 22 Sep 2021HK$778.5bHK$735.3bHK$46.2b11.8x16.8x1.1x
Fri, 20 Aug 2021HK$799.4bHK$734.3bHK$46.1b15x17.3x1.1x
Fri, 04 Jun 2021HK$719.6bHK$679.4bHK$42.6b14.5x16.9x1.1x
Mon, 08 Mar 2021HK$713.5bHK$609.8bHK$41.7b19.4x17.1x1.2x
Price to Earnings Ratio

17.1x


Total Market Cap: HK$713.5bTotal Earnings: HK$41.7bTotal Revenue: HK$609.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Machinery Industry Price to Earnings3Y Average 16.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Machinery 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 16.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 4.2% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Industrials industry?

HK Market-1.78%
Industrials-1.14%
Machinery2.29%
Construction Machinery and Vehicles2.66%
Industrial Machinery2.05%
Agricultural Machinery-1.79%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 19.3x.
    • Analysts are expecting annual earnings growth of 14.0%, which is higher than its past year's earnings decline of 15.4% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 19.3x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 72% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
9880 Ubtech RoboticsHK$97.708.4%
+HK$3.2b
n/aPS38.1x
3808 Sinotruk (Hong Kong)HK$20.704.8%
+HK$2.6b
57.3%PE18.2x
3898 Zhuzhou CRRC Times ElectricHK$23.007.0%
+HK$2.1b
-37.0%PE9.6x
1882 Haitian International HoldingsHK$19.846.4%
+HK$1.9b
-4.4%PE12.5x
631 Sany Heavy Equipment International HoldingsHK$6.086.3%
+HK$1.1b
-23.2%PE8.3x
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Latest News

3898

HK$23.00

Zhuzhou CRRC Times Electric

7D

7.0%

1Y

-37.0%

2155

HK$4.74

Morimatsu International Holdings

7D

4.9%

1Y

-51.7%

3339

HK$1.32

Lonking Holdings

7D

-2.9%

1Y

-10.2%

9880

HK$97.70

Ubtech Robotics

7D

8.4%

1Y

n/a

1651

HK$9.00

Precision Tsugami (China)

7D

-0.7%

1Y

2.6%

9882

HK$2.19

Best Linking Group Holdings

7D

-1.8%

1Y

75.2%

1645

HK$1.22

Haina Intelligent Equipment International Holdings

7D

-1.6%

1Y

17.3%