Should You Investigate Sinotruk (Hong Kong) Limited (HKG:3808) At HK$20.50?
Nov 17
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Hong Kong (HSI) Construction Machinery and Vehicles Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies11
- 7D2.2%
- 3M-4.3%
- 1Y-2.8%
- YTDn/a
The Construction Machinery and Vehicles industry is up 1.8% in the last week, with Weichai Power up 3.2%. In contrast, the industry has lost 5.0% in the last 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Hong Kong Construction Machinery and Vehicles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$298.9b | HK$415.7b | HK$25.2b | 9.2x | 11.9x | 0.7x |
| Sat, 19 Oct 2024 | HK$309.4b | HK$427.6b | HK$25.8b | 8.9x | 12x | 0.7x |
| Mon, 16 Sep 2024 | HK$271.8b | HK$429.8b | HK$26.0b | 7.8x | 10.5x | 0.6x |
| Wed, 14 Aug 2024 | HK$297.5b | HK$410.2b | HK$22.8b | 9.7x | 13x | 0.7x |
| Fri, 12 Jul 2024 | HK$303.4b | HK$405.7b | HK$22.5b | 9.4x | 13.5x | 0.7x |
| Sun, 09 Jun 2024 | HK$321.9b | HK$406.8b | HK$22.6b | 11.1x | 14.2x | 0.8x |
| Tue, 07 May 2024 | HK$356.8b | HK$434.9b | HK$25.3b | 9.9x | 14.1x | 0.8x |
| Thu, 04 Apr 2024 | HK$349.3b | HK$430.7b | HK$24.5b | 9.6x | 14.2x | 0.8x |
| Sat, 02 Mar 2024 | HK$335.0b | HK$407.6b | HK$22.1b | 10.2x | 15.2x | 0.8x |
| Mon, 29 Jan 2024 | HK$306.3b | HK$409.4b | HK$22.1b | 8.8x | 13.8x | 0.7x |
| Wed, 27 Dec 2023 | HK$291.2b | HK$409.9b | HK$22.2b | 9.7x | 13.1x | 0.7x |
| Fri, 24 Nov 2023 | HK$317.2b | HK$409.0b | HK$22.1b | 11.9x | 14.3x | 0.8x |
| Sun, 22 Oct 2023 | HK$290.6b | HK$386.3b | HK$19.4b | 12.1x | 15x | 0.8x |
| Tue, 19 Sep 2023 | HK$303.5b | HK$387.1b | HK$19.4b | 13.2x | 15.6x | 0.8x |
| Thu, 17 Aug 2023 | HK$295.8b | HK$356.9b | HK$15.8b | 13.9x | 18.7x | 0.8x |
| Sat, 15 Jul 2023 | HK$320.6b | HK$364.2b | HK$16.1b | 16x | 19.9x | 0.9x |
| Mon, 12 Jun 2023 | HK$300.5b | HK$365.9b | HK$16.2b | 15.4x | 18.5x | 0.8x |
| Wed, 10 May 2023 | HK$329.9b | HK$375.4b | HK$16.5b | 17.8x | 20x | 0.9x |
| Fri, 07 Apr 2023 | HK$308.5b | HK$364.9b | HK$14.6b | 16.6x | 21.2x | 0.8x |
| Sun, 05 Mar 2023 | HK$318.0b | HK$334.6b | HK$13.8b | 15.8x | 23x | 1x |
| Tue, 31 Jan 2023 | HK$309.6b | HK$341.0b | HK$13.9b | 15.8x | 22.3x | 0.9x |
| Thu, 29 Dec 2022 | HK$274.4b | HK$328.2b | HK$13.4b | 17.6x | 20.5x | 0.8x |
| Sat, 26 Nov 2022 | HK$202.1b | HK$301.9b | HK$10.5b | 15.1x | 19.2x | 0.7x |
| Mon, 24 Oct 2022 | HK$179.3b | HK$296.5b | HK$10.9b | 14.7x | 16.5x | 0.6x |
| Wed, 21 Sep 2022 | HK$196.6b | HK$306.4b | HK$11.2b | 14.9x | 17.5x | 0.6x |
| Fri, 19 Aug 2022 | HK$219.5b | HK$392.5b | HK$17.5b | 14.4x | 12.5x | 0.6x |
| Sun, 17 Jul 2022 | HK$219.9b | HK$394.3b | HK$17.6b | 15.1x | 12.5x | 0.6x |
| Tue, 14 Jun 2022 | HK$234.6b | HK$397.1b | HK$17.7b | 15x | 13.2x | 0.6x |
| Thu, 12 May 2022 | HK$232.3b | HK$436.1b | HK$20.2b | 14.3x | 11.5x | 0.5x |
| Sat, 09 Apr 2022 | HK$276.4b | HK$493.2b | HK$24.2b | 14x | 11.4x | 0.6x |
| Mon, 07 Mar 2022 | HK$296.4b | HK$539.4b | HK$30.1b | 14.5x | 9.8x | 0.5x |
| Wed, 02 Feb 2022 | HK$298.7b | HK$534.6b | HK$29.5b | 15.4x | 10.1x | 0.6x |
| Fri, 31 Dec 2021 | HK$331.1b | HK$534.0b | HK$29.4b | 15.5x | 11.2x | 0.6x |
| Sun, 28 Nov 2021 | HK$302.8b | HK$532.2b | HK$29.3b | 14.6x | 10.3x | 0.6x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are pessimistic on the Hong Kong Construction Machinery and Heavy Trucks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.8x which is lower than its 3-year average PE of 15.1x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have declined 5.0% per year over the last three years,
- Revenues have also declined 7.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Construction Machinery and Vehicles compare with similar industries?
| HK Market | 0.42% | |
| Industrials | 0.40% | |
| Machinery | 0.62% | |
| Construction Machinery and Vehicles | 2.15% | |
| Agricultural Machinery | 5.29% | |
| Industrial Machinery | -0.97% | |
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 | |
|---|---|---|---|---|---|
| 3808 Sinotruk (Hong Kong) | HK$22.80 | 14.3% +HK$7.9b | 36.7% | PE9.4x | |
| 2338 Weichai Power | HK$11.68 | 5.8% +HK$5.5b | -19.1% | PE8.6x | |
| 631 Sany Heavy Equipment International Holdings | HK$4.82 | 1.5% +HK$225.0m | -44.9% | PE9.3x | |
| 3898 Zhuzhou CRRC Times Electric | HK$28.10 | 0.4% +HK$141.2m | 14.9% | PE10.4x | |
| 3339 Lonking Holdings | HK$1.45 | 0.7% +HK$42.8m | 17.9% | PE7.3x |
