Hong Kong (HSI) Industrial Machinery Industry Analysis

UpdatedJul 24, 2024

DataAggregated Company Financials

Companies34

7D-0.7%
3M-15.4%
1Y6.1%
YTDn/a

Over the last 7 days, the Industrial Machinery industry has dropped 1.3%, driven by a pullback from CIMC Enric Holdings of 5.7%. In the past year, the industry has gained 5.7%. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Hong Kong Industrial Machinery Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 24 Jul 2024	HK$302.4b	HK$197.5b	HK$13.4b	8x	22.6x	1.5x
Fri, 21 Jun 2024	HK$328.2b	HK$199.7b	HK$13.5b	8.3x	24.3x	1.6x
Sun, 19 May 2024	HK$312.4b	HK$199.9b	HK$13.5b	8.9x	23.1x	1.6x
Tue, 16 Apr 2024	HK$307.9b	HK$200.3b	HK$13.5b	7.5x	22.8x	1.5x
Thu, 14 Mar 2024	HK$342.1b	HK$197.7b	HK$13.6b	8.8x	25.2x	1.7x
Sat, 10 Feb 2024	HK$264.8b	HK$192.7b	HK$13.6b	8.3x	19.5x	1.4x
Mon, 08 Jan 2024	HK$278.7b	HK$193.0b	HK$13.6b	8.6x	20.5x	1.4x
Wed, 06 Dec 2023	HK$226.5b	HK$192.0b	HK$14.7b	8.4x	15.4x	1.2x
Fri, 03 Nov 2023	HK$216.2b	HK$192.0b	HK$14.8b	8.6x	14.6x	1.1x
Sun, 01 Oct 2023	HK$223.2b	HK$192.3b	HK$14.8b	8x	15.1x	1.2x
Tue, 29 Aug 2023	HK$228.0b	HK$193.1b	HK$14.5b	8.2x	15.7x	1.2x
Thu, 27 Jul 2023	HK$246.6b	HK$194.7b	HK$15.6b	8.4x	15.8x	1.3x
Sat, 24 Jun 2023	HK$235.8b	HK$195.1b	HK$15.7b	8.7x	15x	1.2x
Mon, 22 May 2023	HK$235.1b	HK$196.0b	HK$15.9b	9.2x	14.8x	1.2x
Wed, 19 Apr 2023	HK$254.8b	HK$197.9b	HK$16.0b	9.7x	15.9x	1.3x
Fri, 17 Mar 2023	HK$257.9b	HK$200.2b	HK$15.8b	9.5x	16.3x	1.3x
Sun, 12 Feb 2023	HK$300.3b	HK$208.5b	HK$17.3b	10.8x	17.4x	1.4x
Tue, 10 Jan 2023	HK$273.2b	HK$207.8b	HK$17.2b	10x	15.8x	1.3x
Thu, 08 Dec 2022	HK$268.9b	HK$205.3b	HK$17.0b	10.6x	15.8x	1.3x
Sat, 05 Nov 2022	HK$237.1b	HK$204.8b	HK$17.1b	9.4x	13.9x	1.2x
Mon, 03 Oct 2022	HK$230.3b	HK$206.2b	HK$17.2b	8.9x	13.4x	1.1x
Wed, 31 Aug 2022	HK$283.1b	HK$207.2b	HK$17.5b	10.5x	16.2x	1.4x
Fri, 29 Jul 2022	HK$273.1b	HK$202.9b	HK$17.7b	10.1x	15.5x	1.3x
Sun, 26 Jun 2022	HK$273.3b	HK$203.1b	HK$17.6b	10.1x	15.5x	1.3x
Tue, 24 May 2022	HK$287.3b	HK$203.2b	HK$17.6b	9.4x	16.3x	1.4x
Thu, 21 Apr 2022	HK$313.8b	HK$205.7b	HK$17.9b	10.4x	17.5x	1.5x
Sat, 19 Mar 2022	HK$348.8b	HK$194.7b	HK$17.0b	10.8x	20.5x	1.8x
Mon, 14 Feb 2022	HK$362.1b	HK$184.5b	HK$16.4b	11.4x	22.1x	2x
Wed, 12 Jan 2022	HK$388.5b	HK$184.2b	HK$16.3b	10.8x	23.8x	2.1x
Fri, 10 Dec 2021	HK$447.1b	HK$184.5b	HK$16.4b	10.7x	27.3x	2.4x
Sun, 07 Nov 2021	HK$414.2b	HK$180.9b	HK$15.8b	12x	26.2x	2.3x
Tue, 05 Oct 2021	HK$402.5b	HK$180.5b	HK$15.7b	10.6x	25.6x	2.2x
Thu, 02 Sep 2021	HK$468.5b	HK$180.1b	HK$15.6b	13.4x	30x	2.6x
Sat, 31 Jul 2021	HK$385.0b	HK$180.1b	HK$15.6b	12.8x	24.7x	2.1x

Price to Earnings Ratio

24.7x

Sat, 31 Jul 2021

Current Industry PE

Investors are optimistic on the Hong Kong Industrial Machinery industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 22.7x which is higher than its 3-year average PE of 19.1x.

The industry is trading close to its 3-year average PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Industrial Machinery industry have declined 5.0% per year over the last three years.
Meanwhile revenues for these companies have grown 3.1% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Hong Kong Industrial Machinery compare with similar industries?


HK Market	-2.37%
Industrials	-1.61%
Machinery	-2.54%
Industrial Machinery	-0.67%
Construction Machinery and Vehicles	-4.21%
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
669 Techtronic Industries	HK$95.95	0.5% +HK$916.3m	13.6%	PE23.1x
1882 Haitian International Holdings	HK$21.95	0.9% +HK$319.2m	21.9%	PE13.1x
2283 TK Group (Holdings)	HK$1.93	7.8% +HK$116.7m	37.9%	PE7.9x
1334 Ruichang International Holdings	HK$1.29	16.2% +HK$90.0m	n/a	n/a
1651 Precision Tsugami (China)	HK$9.35	0.6% +HK$22.8m	13.1%	PE6.9x

Latest News

1289

HK$0.96

Wuxi Sunlit Science and Technology

11.6%

41.2%

The Returns On Capital At Wuxi Sunlit Science and Technology (HKG:1289) Don't Inspire Confidence

Jul 23

1721

HK$0.38

FSM Holdings

-11.6%

4.1%

3348

HK$1.09

China PengFei Group

-10.7%

-12.1%

Why Investors Shouldn't Be Surprised By China PengFei Group Limited's (HKG:3348) Low P/E

Jul 19

2155

HK$4.44

Morimatsu International Holdings

-8.6%

-22.4%

We Think Morimatsu International Holdings (HKG:2155) Might Have The DNA Of A Multi-Bagger

Jul 18

1651

HK$9.35

Precision Tsugami (China)

0.6%

13.1%

Precision Tsugami (China)'s (HKG:1651) Dividend Will Be CN¥0.40

Jul 17

558

HK$2.88

L.K. Technology Holdings

-7.4%

-63.4%

L.K. Technology Holdings' (HKG:558) Dividend Will Be Increased To HK$0.05

Jul 17

1286

HK$2.00

Impro Precision Industries

-1.0%

-25.7%

1334

HK$1.29

Ruichang International Holdings

16.2%

n/a

9880

HK$105.30

Ubtech Robotics

-3.8%

n/a

With A 26% Price Drop For Ubtech Robotics Corp Ltd (HKG:9880) You'll Still Get What You Pay For

Jul 05

3899

HK$7.08

CIMC Enric Holdings

-3.4%

-6.0%

Be Wary Of CIMC Enric Holdings (HKG:3899) And Its Returns On Capital

Jul 05

716

HK$0.76

Singamas Container Holdings

-5.0%

22.6%

669

HK$95.95

Techtronic Industries

0.5%

13.6%

Slowing Rates Of Return At Techtronic Industries (HKG:669) Leave Little Room For Excitement

Jun 23

1527

HK$1.23

Zhejiang Tengy Environmental Technology

10.8%

59.7%

There Could Be A Chance Zhejiang Tengy Environmental Technology Co., Ltd's (HKG:1527) CEO Will Have Their Compensation Increased

Jun 21

2283

HK$1.93

TK Group (Holdings)

7.8%

37.9%

1882

HK$21.95

Haitian International Holdings

0.9%

21.9%

1673

HK$0.25

Huazhang Technology Holding

4.2%

n/a