Hong Kong (HSI) Construction Machinery and Vehicles Industry Analysis

UpdatedJul 24, 2024

DataAggregated Company Financials

Companies11

7D-4.2%
3M-12.8%
1Y-2.5%
YTDn/a

Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 4.5%, driven by a pullback from Weichai Power of 6.8%. In contrast, Hebei Yichen Industrial Group has gained 5.6%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 15% annually.

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
Wed, 24 Jul 2024	HK$292.1b	HK$405.1b	HK$22.5b	9.3x	13x	0.7x
Fri, 21 Jun 2024	HK$313.7b	HK$405.7b	HK$22.6b	10.6x	13.9x	0.8x
Sun, 19 May 2024	HK$359.0b	HK$433.2b	HK$25.1b	11.5x	14.3x	0.8x
Tue, 16 Apr 2024	HK$368.8b	HK$430.6b	HK$24.5b	10.6x	15.1x	0.9x
Thu, 14 Mar 2024	HK$331.9b	HK$407.7b	HK$22.1b	10.5x	15x	0.8x
Sat, 10 Feb 2024	HK$312.8b	HK$406.9b	HK$22.0b	9x	14.2x	0.8x
Mon, 08 Jan 2024	HK$297.7b	HK$409.8b	HK$22.2b	9.7x	13.4x	0.7x
Wed, 06 Dec 2023	HK$300.6b	HK$409.9b	HK$22.2b	10.3x	13.6x	0.7x
Fri, 03 Nov 2023	HK$297.8b	HK$400.5b	HK$21.7b	12.4x	13.7x	0.7x
Sun, 01 Oct 2023	HK$303.5b	HK$387.4b	HK$19.4b	13.4x	15.6x	0.8x
Tue, 29 Aug 2023	HK$295.8b	HK$360.5b	HK$17.2b	13.9x	17.2x	0.8x
Thu, 27 Jul 2023	HK$324.5b	HK$363.0b	HK$16.1b	15.8x	20.2x	0.9x
Sat, 24 Jun 2023	HK$301.0b	HK$362.8b	HK$16.1b	15.2x	18.7x	0.8x
Mon, 22 May 2023	HK$316.0b	HK$370.8b	HK$16.4b	16.4x	19.2x	0.9x
Wed, 19 Apr 2023	HK$309.6b	HK$365.7b	HK$15.2b	16.4x	20.3x	0.8x
Fri, 17 Mar 2023	HK$298.0b	HK$335.0b	HK$13.8b	14.7x	21.5x	0.9x
Sun, 12 Feb 2023	HK$301.9b	HK$338.8b	HK$13.8b	15x	21.9x	0.9x
Tue, 10 Jan 2023	HK$295.6b	HK$338.3b	HK$13.8b	16.2x	21.4x	0.9x
Thu, 08 Dec 2022	HK$281.4b	HK$326.7b	HK$13.3b	14.8x	21.1x	0.9x
Sat, 05 Nov 2022	HK$188.7b	HK$297.2b	HK$10.3b	14.3x	18.2x	0.6x
Mon, 03 Oct 2022	HK$176.5b	HK$301.8b	HK$11.1b	14.2x	16x	0.6x
Wed, 31 Aug 2022	HK$210.0b	HK$377.7b	HK$16.0b	15.4x	13.1x	0.6x
Fri, 29 Jul 2022	HK$225.9b	HK$393.8b	HK$17.6b	15.1x	12.9x	0.6x
Sun, 26 Jun 2022	HK$234.5b	HK$398.2b	HK$17.8b	14.3x	13.2x	0.6x
Tue, 24 May 2022	HK$246.2b	HK$432.8b	HK$20.2b	13.2x	12.2x	0.6x
Thu, 21 Apr 2022	HK$263.1b	HK$490.8b	HK$24.1b	13.6x	10.9x	0.5x
Sat, 19 Mar 2022	HK$276.6b	HK$536.6b	HK$30.0b	13.7x	9.2x	0.5x
Mon, 14 Feb 2022	HK$306.4b	HK$535.2b	HK$29.5b	15.6x	10.4x	0.6x
Wed, 12 Jan 2022	HK$328.7b	HK$533.3b	HK$29.4b	15.2x	11.2x	0.6x
Fri, 10 Dec 2021	HK$333.6b	HK$536.0b	HK$29.6b	14.4x	11.3x	0.6x
Sun, 07 Nov 2021	HK$286.2b	HK$530.5b	HK$29.3b	15.2x	9.8x	0.5x
Tue, 05 Oct 2021	HK$321.0b	HK$544.7b	HK$30.1b	14x	10.7x	0.6x
Thu, 02 Sep 2021	HK$371.3b	HK$542.4b	HK$30.0b	17.2x	12.4x	0.7x
Sat, 31 Jul 2021	HK$318.7b	HK$542.4b	HK$30.0b	15.8x	10.6x	0.6x

Price to Earnings Ratio

10.6x

Sat, 31 Jul 2021

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 13.4x which is lower than its 3-year average PE of 15.0x.

The industry is trading close to its 3-year average PS ratio of 0.72x.

Past Earnings Growth

The earnings for companies in the Construction Machinery and Heavy Trucks industry have declined 9.1% per year over the last three years,
Revenues have also declined 9.2% 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	-2.37%
Industrials	-1.61%
Machinery	-2.54%
Construction Machinery and Vehicles	-4.21%
Industrial Machinery	-0.67%
Agricultural Machinery	-6.45%

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
3339 Lonking Holdings	HK$1.46	1.4% +HK$85.6m	6.6%	PE9x
1596 Hebei Yichen Industrial Group	HK$3.09	3.0% +HK$80.8m	-28.5%	PE52.3x
1301 D&G Technology Holding	HK$0.99	3.1% +HK$19.2m	-1.0%	PS2.1x

Latest News

3808

HK$17.80

Sinotruk (Hong Kong)

-4.2%

9.3%

A Look At The Intrinsic Value Of Sinotruk (Hong Kong) Limited (HKG:3808)

Jul 22

3898

HK$29.00

Zhuzhou CRRC Times Electric

-4.4%

-5.1%

Earnings Not Telling The Story For Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)

Jul 15

2338

HK$11.72

Weichai Power

-3.5%

3.2%

Calculating The Fair Value Of Weichai Power Co., Ltd. (HKG:2338)

Jul 12

631

HK$4.45

Sany Heavy Equipment International Holdings

-6.5%

-62.1%

1301

HK$0.99

D&G Technology Holding

3.1%

-1.0%

There's Reason For Concern Over D&G Technology Holding Company Limited's (HKG:1301) Massive 26% Price Jump

Jul 05

1536

HK$0.084

Yuk Wing Group Holdings

-16.0%

-35.4%

1786

HK$0.74

CRCC High-Tech Equipment

-1.3%

2.8%

317

HK$16.38

CSSC Offshore & Marine Engineering (Group)

-6.9%

54.5%

There's Reason For Concern Over CSSC Offshore & Marine Engineering (Group) Company Limited's (HKG:317) Massive 25% Price Jump

Jun 28

3339

HK$1.46

Lonking Holdings

1.4%

6.6%

Lonking Holdings Limited's (HKG:3339) P/E Still Appears To Be Reasonable

Jun 26

1596

HK$3.09

Hebei Yichen Industrial Group

3.0%

-28.5%

Hebei Yichen Industrial Group (HKG:1596) Will Be Hoping To Turn Its Returns On Capital Around