Analysis Article • Aug 27
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Hong Kong (HSI) Agricultural Machinery Industry Analysis
UpdatedAug 31, 2026
DataAggregated Company Financials
Companies2
- 7D9.1%
- 3M8.6%
- 1Y25.0%
- YTDn/a
In the last week, the Agricultural Machinery industry is up 9.1%, with First Tractor up 9.2%. Meanwhile, Xinjiang Tianye Water Saving Irrigation System actually underperformed within the industry, shrinking 6.2% in the last week. This means that the industry has gained 25% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Hong Kong Agricultural Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 31 Aug 2026 | HK$16.0b | HK$15.0b | HK$916.1m | 10.9x | 17.4x | 1.1x |
| Wed, 29 Jul 2026 | HK$15.4b | HK$13.6b | HK$915.0m | 10.2x | 16.8x | 1.1x |
| Fri, 26 Jun 2026 | HK$11.7b | HK$13.6b | HK$911.3m | 7.7x | 12.9x | 0.9x |
| Sun, 24 May 2026 | HK$13.9b | HK$13.6b | HK$911.2m | 9.2x | 15.3x | 1x |
| Tue, 21 Apr 2026 | HK$14.1b | HK$13.4b | HK$869.6m | 10.3x | 16.2x | 1.1x |
| Thu, 19 Mar 2026 | HK$15.3b | HK$13.3b | HK$848.2m | 11x | 18.1x | 1.2x |
| Sat, 14 Feb 2026 | HK$15.8b | HK$13.2b | HK$841.5m | 11.9x | 18.7x | 1.2x |
| Mon, 12 Jan 2026 | HK$15.1b | HK$13.0b | HK$830.7m | 10.7x | 18.2x | 1.2x |
| Wed, 10 Dec 2025 | HK$13.2b | HK$12.9b | HK$819.1m | 9x | 16.1x | 1x |
| Fri, 07 Nov 2025 | HK$13.8b | HK$12.7b | HK$811.9m | 9.9x | 17x | 1.1x |
| Sun, 05 Oct 2025 | HK$13.1b | HK$12.9b | HK$780.4m | 9.4x | 16.7x | 1x |
| Tue, 02 Sep 2025 | HK$13.5b | HK$13.8b | HK$853.0m | 8.8x | 15.8x | 1x |
| Thu, 31 Jul 2025 | HK$13.7b | HK$14.5b | HK$888.4m | 8.7x | 15.4x | 0.9x |
| Sat, 28 Jun 2025 | HK$13.2b | HK$14.6b | HK$889.5m | 8.4x | 14.8x | 0.9x |
| Mon, 26 May 2025 | HK$12.9b | HK$14.5b | HK$886.2m | 7.8x | 14.6x | 0.9x |
| Wed, 23 Apr 2025 | HK$12.6b | HK$14.2b | HK$936.1m | 6.5x | 13.5x | 0.9x |
| Fri, 21 Mar 2025 | HK$14.2b | HK$15.4b | HK$1.1b | 7.2x | 13.1x | 0.9x |
| Sun, 16 Feb 2025 | HK$14.1b | HK$15.4b | HK$1.1b | 6.9x | 13x | 0.9x |
| Tue, 14 Jan 2025 | HK$13.0b | HK$15.2b | HK$1.1b | 7.2x | 12.1x | 0.9x |
| Thu, 12 Dec 2024 | HK$15.1b | HK$15.3b | HK$1.1b | 7.6x | 13.9x | 1x |
| Sat, 09 Nov 2024 | HK$15.3b | HK$15.5b | HK$1.1b | 6.9x | 13.9x | 1x |
| Mon, 07 Oct 2024 | HK$18.5b | HK$15.9b | HK$1.3b | 7.9x | 14.7x | 1.2x |
| Wed, 04 Sep 2024 | HK$15.4b | HK$15.7b | HK$1.2b | 6.8x | 12.4x | 1x |
| Fri, 02 Aug 2024 | HK$15.0b | HK$15.3b | HK$1.2b | 6.4x | 12.6x | 1x |
| Sun, 30 Jun 2024 | HK$15.4b | HK$15.3b | HK$1.2b | 7x | 13x | 1x |
| Tue, 28 May 2024 | HK$17.6b | HK$15.3b | HK$1.2b | 8.3x | 14.8x | 1.1x |
| Thu, 25 Apr 2024 | HK$16.2b | HK$14.9b | HK$1.1b | 7.5x | 15.2x | 1.1x |
| Sat, 23 Mar 2024 | HK$15.1b | HK$15.8b | HK$1.0b | 6.6x | 14.9x | 1x |
| Mon, 19 Feb 2024 | HK$14.1b | HK$15.8b | HK$1.0b | 6.2x | 13.8x | 0.9x |
| Wed, 17 Jan 2024 | HK$13.4b | HK$15.9b | HK$1.0b | 5.6x | 13.2x | 0.8x |
| Fri, 15 Dec 2023 | HK$12.8b | HK$15.9b | HK$1.0b | 4.8x | 12.5x | 0.8x |
| Sun, 12 Nov 2023 | HK$10.9b | HK$15.6b | HK$1.0b | 4.4x | 10.8x | 0.7x |
| Tue, 10 Oct 2023 | HK$11.3b | HK$16.0b | HK$864.7m | 4.9x | 13.1x | 0.7x |
| Thu, 07 Sep 2023 | HK$11.0b | HK$16.0b | HK$864.5m | 4.9x | 12.7x | 0.7x |
Price to Earnings Ratio
12.7x
Current Industry PE
- There are only 2 companies in the Hong Kong Agricultural and Farm Machinery industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Agricultural and Farm Machinery industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 2.7% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Hong Kong Agricultural Machinery compare with similar industries?
| HK Market | -0.071% | |
| Industrials | -1.29% | |
| Machinery | -1.56% | |
| Agricultural Machinery | 9.12% | |
| Construction Machinery and Vehicles | 0.95% | |
| Industrial Machinery | -4.66% | |
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 | |
|---|---|---|---|---|---|
| 38 First Tractor | HK$9.57 | 13.5% +HK$1.3b | 31.2% | PE11.2x |