Header cover image

Hong Kong (HSI) Machinery Industry Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies45
  • 7D-0.5%
  • 3M-6.4%
  • 1Y-31.9%
  • YTD-33.9%

Over the last 7 days, the Machinery industry has remained flat, although notably Weichai Power gained 5.5%. As for the longer term, the industry has declined 32% in the last year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022HK$468.5bHK$520.1bHK$28.1b11.5x16.7x0.9x
Tue, 25 Oct 2022HK$413.0bHK$514.4bHK$28.4b11x14.5x0.8x
Thu, 22 Sep 2022HK$468.4bHK$526.0bHK$29.0b11.6x16.1x0.9x
Sat, 20 Aug 2022HK$527.8bHK$613.3bHK$35.9b10.8x14.7x0.9x
Mon, 18 Jul 2022HK$488.6bHK$610.7bHK$35.8b10.8x13.7x0.8x
Wed, 15 Jun 2022HK$534.3bHK$610.5bHK$35.7b10.9x15x0.9x
Fri, 13 May 2022HK$526.6bHK$652.4bHK$38.4b10x13.7x0.8x
Sun, 10 Apr 2022HK$611.7bHK$711.7bHK$42.6b10x14.4x0.9x
Tue, 08 Mar 2022HK$635.4bHK$746.7bHK$47.9b10.9x13.3x0.9x
Thu, 03 Feb 2022HK$659.3bHK$731.3bHK$46.4b11.3x14.2x0.9x
Sat, 01 Jan 2022HK$757.6bHK$730.8bHK$46.4b11.2x16.3x1x
Mon, 29 Nov 2021HK$742.7bHK$727.8bHK$46.1b11.3x16.1x1x
Wed, 27 Oct 2021HK$761.5bHK$741.7bHK$47.0b12.5x16.2x1x
Fri, 24 Sep 2021HK$781.1bHK$735.6bHK$46.2b11.7x16.9x1.1x
Sun, 22 Aug 2021HK$799.4bHK$734.3bHK$46.1b15x17.3x1.1x
Fri, 09 Jul 2021HK$716.0bHK$734.3bHK$46.1b14.4x15.5x1x
Thu, 01 Apr 2021HK$712.0bHK$679.4bHK$42.6b14x16.7x1x
Sun, 03 Jan 2021HK$592.2bHK$609.8bHK$41.7b14.5x14.2x1x
Wed, 07 Oct 2020HK$537.2bHK$562.2bHK$37.7b12.4x14.2x1x
Tue, 30 Jun 2020HK$444.1bHK$499.4bHK$32.3b12.1x13.7x0.9x
Fri, 03 Apr 2020HK$356.1bHK$485.8bHK$31.9b12.6x11.2x0.7x
Mon, 06 Jan 2020HK$451.0bHK$503.8bHK$29.6b12.8x15.3x0.9x
Price to Earnings Ratio

14.5x


Total Market Cap: HK$398.7bTotal Earnings: HK$27.4bTotal Revenue: HK$490.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Machinery Industry Price to Earnings3Y Average 15.1x202020212022
Current Industry PE
  • Investors are optimistic on the Hong Kong Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.7x which is higher than its 3-year average PE of 15.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.94x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Machinery industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

HK Market-0.24%
Industrials-0.18%
Machinery-0.52%
Agricultural Machinery4.26%
Construction Machinery and Vehicles3.83%
Industrial Machinery-3.90%
Industry PE
  • Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio of 11.7x.
    • Analysts are expecting annual earnings growth of 23.2%, which is higher than its past year's earnings decline of 26.3% per year.
  • Investors are most pessimistic about the Industrial Machinery industry, which is trading below its 3-year average of 22.1x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 16% 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
2338 Weichai PowerHK$9.715.5%
+HK$4.4b
-29.5%PE17.1x
1882 Haitian International HoldingsHK$18.784.9%
+HK$1.4b
-14.6%PE10.4x
3808 Sinotruk (Hong Kong)HK$9.933.1%
+HK$828.3m
-14.1%PE12.7x
317 CSSC Offshore & Marine Engineering (Group)HK$8.005.3%
+HK$565.4m
19.2%PE106.9x
3339 Lonking HoldingsHK$1.3810.4%
+HK$556.4m
-34.6%PE11.3x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

1651

HK$7.30

Precision Tsugami (China)

7D

-3.7%

1Y

-33.4%

187

HK$3.33

Beijing Jingcheng Machinery Electric

7D

-7.0%

1Y

34.3%

558

HK$8.15

L.K. Technology Holdings

7D

-5.8%

1Y

-54.7%

669

HK$87.45

Techtronic Industries

7D

-5.6%

1Y

-46.3%

38

HK$3.63

First Tractor

7D

4.3%

1Y

0.6%

3339

HK$1.38

Lonking Holdings

7D

10.4%

1Y

-34.6%

317

HK$8.00

CSSC Offshore & Marine Engineering (Group)

7D

5.3%

1Y

19.2%

2283

HK$1.63

TK Group (Holdings)

7D

8.7%

1Y

-38.3%

2155

HK$7.33

Morimatsu International Holdings

7D

-10.4%

1Y

-44.4%

1596

HK$4.19

Hebei Yichen Industrial Group

7D

-2.6%

1Y

-2.6%

2338

HK$9.71

Weichai Power

7D

5.5%

1Y

-29.5%