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Hong Kong (HSI) Machinery Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
  • 7D6.9%
  • 3M-10.4%
  • 1Y27.1%
  • YTD15.8%

Over the last 7 days, the Machinery industry has risen 5.1%, driven by gains from Weichai Power of 18%. This takes the industry's 12 month performance to a gain of 26%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021HK$763.3bHK$731.2bHK$46.4b11.1x
Mon, 01 Nov 2021HK$725.4bHK$722.9bHK$45.5b12.1x
Wed, 29 Sep 2021HK$745.0bHK$735.7bHK$46.3b11x
Fri, 27 Aug 2021HK$835.9bHK$734.3bHK$46.1b15.7x
Sat, 03 Jul 2021HK$716.0bHK$734.3bHK$46.1b14.4x
Tue, 06 Apr 2021HK$712.0bHK$679.4bHK$42.6b14x
Fri, 08 Jan 2021HK$592.2bHK$609.8bHK$41.7b14.5x
Thu, 01 Oct 2020HK$537.2bHK$562.2bHK$37.7b12.4x
Sun, 05 Jul 2020HK$444.1bHK$499.4bHK$32.3b12.1x
Wed, 08 Apr 2020HK$356.1bHK$485.8bHK$31.9b12.6x
Tue, 31 Dec 2019HK$451.0bHK$503.8bHK$29.6b12.8x
Fri, 04 Oct 2019HK$365.1bHK$489.5bHK$27.3b10.2x
Mon, 08 Jul 2019HK$391.6bHK$476.4bHK$26.5b12.6x
Sun, 31 Mar 2019HK$394.3bHK$484.3bHK$25.2b12.6x
Wed, 02 Jan 2019HK$294.1bHK$465.3bHK$25.4b10.8x
PE Ratio


Total Market Cap: HK$294.1bTotal Earnings: HK$25.4bTotal Revenue: HK$465.3b0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.8x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Machinery industry have grown 22% per year over the last three years, and revenues for these companies have grown 17% 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 Machinery industry?

Construction Machinery and Vehicles11.23%
Industrial Machinery4.10%
Agricultural Machinery3.32%

Industry PE: Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio of 12.3x. This is likely because analysts are expecting annual earnings growth of 15%, which is higher than its past year's earnings growth of 12% per year. Meanwhile, investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 89.5x.

Forecasted Growth: Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 20% over the next 5 years. However this is lower than its past earnings growth rate of 26% per year. Meanwhile, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

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

2338 Weichai Power17.6%+HK$21.1b-1.6%PE11.6x
669 Techtronic Industries5.6%+HK$16.7b77.9%PE40.7x
3899 CIMC Enric Holdings16.6%+HK$3.3b170.5%PE25.2x
1839 CIMC Vehicles (Group)24.5%+HK$2.5b-11.6%PE9.7x
631 Sany Heavy Equipment International Holdings3.5%+HK$883.1m81.8%PE16.8x
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