Analysis Article • May 11
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Hong Kong (HSI) Construction Machinery and Vehicles Industry Analysis
UpdatedMay 22, 2026
DataAggregated Company Financials
Companies15
- 7D-6.3%
- 3M3.0%
- 1Y77.3%
- YTDn/a
Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 7.1%, driven by a pullback from Weichai Power of 5.5%. Meanwhile, Gemilang International actually outperformed within the industry, gaining 20% in the last week. In the past year, the industry has gained 80%. Looking forward, earnings are forecast to grow by 20% 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 |
|---|---|---|---|---|---|---|
| Fri, 22 May 2026 | HK$605.8b | HK$509.4b | HK$28.7b | 11.9x | 21.1x | 1.2x |
| Sun, 19 Apr 2026 | HK$563.6b | HK$498.8b | HK$28.2b | 12.5x | 20x | 1.1x |
| Tue, 17 Mar 2026 | HK$527.1b | HK$467.9b | HK$28.0b | 15.1x | 18.8x | 1.1x |
| Thu, 12 Feb 2026 | HK$555.4b | HK$466.2b | HK$27.9b | 16.4x | 19.9x | 1.2x |
| Sat, 10 Jan 2026 | HK$418.3b | HK$458.6b | HK$27.4b | 13.5x | 15.3x | 0.9x |
| Mon, 08 Dec 2025 | HK$411.7b | HK$452.2b | HK$27.0b | 13.1x | 15.2x | 0.9x |
| Wed, 05 Nov 2025 | HK$380.9b | HK$448.1b | HK$26.8b | 12.1x | 14.2x | 0.8x |
| Fri, 03 Oct 2025 | HK$363.5b | HK$438.6b | HK$25.8b | 13.6x | 14.1x | 0.8x |
| Sun, 31 Aug 2025 | HK$369.2b | HK$437.6b | HK$25.8b | 12.7x | 14.3x | 0.8x |
| Tue, 29 Jul 2025 | HK$373.7b | HK$434.1b | HK$25.1b | 11.3x | 14.9x | 0.9x |
| Thu, 26 Jun 2025 | HK$362.0b | HK$434.1b | HK$25.2b | 11.1x | 14.4x | 0.8x |
| Sat, 24 May 2025 | HK$346.3b | HK$431.6b | HK$24.9b | 10.8x | 13.9x | 0.8x |
| Mon, 21 Apr 2025 | HK$314.3b | HK$417.7b | HK$24.2b | 10.7x | 13x | 0.8x |
| Wed, 19 Mar 2025 | HK$352.4b | HK$418.1b | HK$24.8b | 10.9x | 14.2x | 0.8x |
| Fri, 14 Feb 2025 | HK$320.8b | HK$414.3b | HK$24.5b | 9.8x | 13.1x | 0.8x |
| Sun, 12 Jan 2025 | HK$311.7b | HK$412.0b | HK$24.3b | 9.5x | 12.8x | 0.8x |
| Tue, 10 Dec 2024 | HK$298.6b | HK$414.1b | HK$25.1b | 9.5x | 11.9x | 0.7x |
| Thu, 07 Nov 2024 | HK$303.4b | HK$419.1b | HK$25.4b | 9.2x | 12x | 0.7x |
| Sat, 05 Oct 2024 | HK$347.6b | HK$430.6b | HK$26.0b | 10.4x | 13.4x | 0.8x |
| Mon, 02 Sep 2024 | HK$287.0b | HK$430.0b | HK$26.0b | 8.2x | 11.1x | 0.7x |
| Wed, 31 Jul 2024 | HK$298.0b | HK$406.6b | HK$22.6b | 9.6x | 13.2x | 0.7x |
| Fri, 28 Jun 2024 | HK$316.5b | HK$405.5b | HK$22.5b | 10.7x | 14x | 0.8x |
| Sun, 26 May 2024 | HK$340.1b | HK$432.6b | HK$25.1b | 9.9x | 13.6x | 0.8x |
| Tue, 23 Apr 2024 | HK$374.9b | HK$430.7b | HK$24.5b | 10.7x | 15.3x | 0.9x |
| Thu, 21 Mar 2024 | HK$332.2b | HK$407.4b | HK$22.1b | 10x | 15x | 0.8x |
| Sat, 17 Feb 2024 | HK$312.3b | HK$411.4b | HK$22.2b | 9x | 14x | 0.8x |
| Mon, 15 Jan 2024 | HK$302.6b | HK$408.7b | HK$22.1b | 9.2x | 13.7x | 0.7x |
| Wed, 13 Dec 2023 | HK$299.3b | HK$407.7b | HK$22.1b | 10.4x | 13.6x | 0.7x |
| Fri, 10 Nov 2023 | HK$299.7b | HK$401.4b | HK$21.7b | 12.5x | 13.8x | 0.7x |
| Sun, 08 Oct 2023 | HK$298.9b | HK$387.4b | HK$19.4b | 12.7x | 15.4x | 0.8x |
| Tue, 05 Sep 2023 | HK$314.0b | HK$389.2b | HK$19.5b | 13.2x | 16.1x | 0.8x |
| Thu, 03 Aug 2023 | HK$327.8b | HK$361.5b | HK$16.0b | 15.6x | 20.5x | 0.9x |
| Sat, 01 Jul 2023 | HK$311.6b | HK$358.6b | HK$15.9b | 16.2x | 19.6x | 0.9x |
| Mon, 29 May 2023 | HK$302.5b | HK$369.0b | HK$16.4b | 15.8x | 18.5x | 0.8x |
Price to Earnings Ratio
18.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Construction Machinery and Heavy Trucks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.9x which is higher than its 3-year average PE of 14.9x.
- The 3-year average PS ratio of 0.83x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Construction Machinery and Vehicles compare with similar industries?
| HK Market | -3.56% | |
| Industrials | -3.02% | |
| Machinery | -4.30% | |
| Construction Machinery and Vehicles | -6.29% | |
| Industrial Machinery | -1.70% | |
| Agricultural Machinery | -5.86% | |
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$37.60 | 0.9% +HK$883.5m | 90.9% | PE12.8x | |
| 3898 Zhuzhou CRRC Times Electric | HK$42.42 | 0.9% +HK$510.8m | 26.3% | PE12.1x | |
| 2570 Shanghai REFIRE Group | HK$38.22 | 3.4% +HK$115.6m | -85.2% | PS5.2x | |
| 6163 Gemilang International | HK$0.41 | 19.1% +HK$18.0m | 102.5% | PS0.6x |