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Jan 20
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Hong Kong (HSI) Construction Machinery and Vehicles Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies12
- 7D4.6%
- 3M1.7%
- 1Y23.2%
- YTDn/a
The Construction Machinery and Vehicles industry is up 2.3% in the last week, with Weichai Power up 5.0%. Meanwhile, Yuk Wing Group Holdings actually underperformed within the industry, shrinking 5.1% in the last week. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | HK$322.9b | HK$412.8b | HK$24.4b | 9.9x | 13.2x | 0.8x |
| Thu, 19 Dec 2024 | HK$292.2b | HK$412.8b | HK$25.0b | 9.2x | 11.7x | 0.7x |
| Sat, 16 Nov 2024 | HK$295.3b | HK$416.8b | HK$25.2b | 8.8x | 11.7x | 0.7x |
| Mon, 14 Oct 2024 | HK$321.3b | HK$429.9b | HK$26.0b | 9.3x | 12.4x | 0.7x |
| Wed, 11 Sep 2024 | HK$269.7b | HK$428.2b | HK$25.9b | 7.7x | 10.4x | 0.6x |
| Fri, 09 Aug 2024 | HK$292.7b | HK$410.0b | HK$22.8b | 9.4x | 12.8x | 0.7x |
| Sun, 07 Jul 2024 | HK$297.1b | HK$405.7b | HK$22.6b | 9.5x | 13.2x | 0.7x |
| Tue, 04 Jun 2024 | HK$334.8b | HK$432.8b | HK$25.1b | 10.1x | 13.4x | 0.8x |
| Thu, 02 May 2024 | HK$348.6b | HK$433.5b | HK$25.2b | 9.4x | 13.8x | 0.8x |
| Sat, 30 Mar 2024 | HK$330.5b | HK$431.1b | HK$24.5b | 9.2x | 13.5x | 0.8x |
| Mon, 26 Feb 2024 | HK$325.1b | HK$407.5b | HK$22.1b | 9.4x | 14.7x | 0.8x |
| Wed, 24 Jan 2024 | HK$279.8b | HK$408.5b | HK$22.1b | 8.3x | 12.7x | 0.7x |
| Fri, 22 Dec 2023 | HK$288.2b | HK$409.4b | HK$22.1b | 9.7x | 13x | 0.7x |
| Sun, 19 Nov 2023 | HK$315.7b | HK$404.9b | HK$21.9b | 12.5x | 14.4x | 0.8x |
| Tue, 17 Oct 2023 | HK$300.8b | HK$386.8b | HK$19.4b | 12.9x | 15.5x | 0.8x |
| Thu, 14 Sep 2023 | HK$305.9b | HK$388.8b | HK$19.5b | 13.4x | 15.7x | 0.8x |
| Sat, 12 Aug 2023 | HK$307.6b | HK$359.5b | HK$15.9b | 14.5x | 19.3x | 0.9x |
| Mon, 10 Jul 2023 | HK$317.8b | HK$360.4b | HK$16.0b | 15.9x | 19.9x | 0.9x |
| Wed, 07 Jun 2023 | HK$292.6b | HK$366.4b | HK$16.2b | 15x | 18x | 0.8x |
| Fri, 05 May 2023 | HK$330.8b | HK$376.3b | HK$16.5b | 17.9x | 20x | 0.9x |
| Sun, 02 Apr 2023 | HK$308.1b | HK$365.4b | HK$14.6b | 16.5x | 21.1x | 0.8x |
| Tue, 28 Feb 2023 | HK$304.6b | HK$331.7b | HK$13.5b | 15.4x | 22.5x | 0.9x |
| Thu, 26 Jan 2023 | HK$306.8b | HK$339.2b | HK$13.8b | 16x | 22.2x | 0.9x |
| Sat, 24 Dec 2022 | HK$272.4b | HK$328.2b | HK$13.4b | 17x | 20.3x | 0.8x |
| Mon, 21 Nov 2022 | HK$199.8b | HK$303.7b | HK$10.6b | 15.2x | 18.9x | 0.7x |
| Wed, 19 Oct 2022 | HK$179.2b | HK$298.4b | HK$10.9b | 14.8x | 16.4x | 0.6x |
| Fri, 16 Sep 2022 | HK$203.5b | HK$308.3b | HK$11.3b | 14.8x | 18x | 0.7x |
| Sun, 14 Aug 2022 | HK$220.9b | HK$394.5b | HK$17.6b | 14.7x | 12.5x | 0.6x |
| Tue, 12 Jul 2022 | HK$230.9b | HK$397.9b | HK$17.8b | 14.7x | 13x | 0.6x |
| Thu, 09 Jun 2022 | HK$231.0b | HK$400.2b | HK$17.8b | 14.8x | 12.9x | 0.6x |
| Sat, 07 May 2022 | HK$234.1b | HK$441.2b | HK$20.5b | 14.1x | 11.4x | 0.5x |
| Mon, 04 Apr 2022 | HK$282.8b | HK$492.8b | HK$24.2b | 14.1x | 11.7x | 0.6x |
| Wed, 02 Mar 2022 | HK$303.4b | HK$540.2b | HK$29.8b | 14.3x | 10.2x | 0.6x |
| Fri, 28 Jan 2022 | HK$300.9b | HK$537.2b | HK$29.6b | 15.1x | 10.2x | 0.6x |
Price to Earnings Ratio
10.2x
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 13.1x which is lower than its 3-year average PE of 15.2x.
- 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 6.3% per year over the last three years,
- Revenues have also declined 8.4% 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 | 3.38% | |
| Industrials | 3.01% | |
| Machinery | 5.93% | |
| Construction Machinery and Vehicles | 4.61% | |
| Industrial Machinery | 7.42% | |
| Agricultural Machinery | 2.87% | |
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$23.65 | 2.8% +HK$1.8b | 64.0% | PE9.8x | |
| 2338 Weichai Power | HK$13.56 | 1.5% +HK$1.7b | 8.3% | PE10x | |
| 631 Sany Heavy Equipment International Holdings | HK$4.88 | 8.9% +HK$1.3b | -11.9% | PE9.5x | |
| 2570 Shanghai REFIRE Group | HK$225.20 | 5.7% +HK$1.1b | n/a | PS20.2x | |
| 3339 Lonking Holdings | HK$1.74 | 15.2% +HK$984.4m | 47.5% | PE8.7x |
