What Impro Precision Industries Limited's (HKG:1286) 41% Share Price Gain Is Not Telling You
Jan 23
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Machinery Industry Analysis
UpdatedJan 25, 2026
DataAggregated Company Financials
Companies52
- 7D5.1%
- 3M16.3%
- 1Y38.4%
- YTD16.7%
Over the last 7 days, the Machinery industry has risen 5.1%, driven by gains from Weichai Power of 8.8%. This means that the industry has gained 38% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Hong Kong Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 25 Jan 2026 | HK$924.5b | HK$696.8b | HK$45.0b | 13.3x | 20.5x | 1.3x |
| Tue, 23 Dec 2025 | HK$769.7b | HK$689.7b | HK$44.5b | 12.4x | 17.3x | 1.1x |
| Thu, 20 Nov 2025 | HK$759.4b | HK$684.0b | HK$44.2b | 12.3x | 17.2x | 1.1x |
| Sat, 18 Oct 2025 | HK$729.2b | HK$670.3b | HK$42.9b | 12x | 17x | 1.1x |
| Mon, 15 Sep 2025 | HK$745.0b | HK$673.3b | HK$43.0b | 11.2x | 17.3x | 1.1x |
| Wed, 13 Aug 2025 | HK$746.2b | HK$668.9b | HK$42.2b | 11.1x | 17.7x | 1.1x |
| Fri, 11 Jul 2025 | HK$687.9b | HK$665.9b | HK$41.5b | 9.8x | 16.6x | 1x |
| Sun, 08 Jun 2025 | HK$687.0b | HK$663.2b | HK$41.3b | 9.5x | 16.6x | 1x |
| Tue, 06 May 2025 | HK$644.6b | HK$648.2b | HK$40.6b | 8.8x | 15.9x | 1x |
| Thu, 03 Apr 2025 | HK$687.5b | HK$647.9b | HK$40.3b | 9.9x | 17.1x | 1.1x |
| Sat, 01 Mar 2025 | HK$694.2b | HK$637.3b | HK$40.0b | 8x | 17.4x | 1.1x |
| Mon, 27 Jan 2025 | HK$669.4b | HK$639.2b | HK$40.0b | 7.7x | 16.7x | 1x |
| Wed, 25 Dec 2024 | HK$636.6b | HK$632.4b | HK$40.1b | 7.8x | 15.9x | 1x |
| Fri, 22 Nov 2024 | HK$644.6b | HK$636.4b | HK$40.7b | 7.4x | 15.9x | 1x |
| Sun, 20 Oct 2024 | HK$662.3b | HK$649.1b | HK$41.4b | 7.7x | 16x | 1x |
| Tue, 17 Sep 2024 | HK$597.5b | HK$651.4b | HK$41.5b | 6.8x | 14.4x | 0.9x |
| Thu, 15 Aug 2024 | HK$603.6b | HK$629.6b | HK$38.1b | 8.1x | 15.8x | 1x |
| Sat, 13 Jul 2024 | HK$629.5b | HK$619.1b | HK$37.1b | 8.6x | 17x | 1x |
| Mon, 10 Jun 2024 | HK$671.4b | HK$622.1b | HK$37.3b | 9.3x | 18x | 1.1x |
| Wed, 08 May 2024 | HK$702.8b | HK$650.7b | HK$40.0b | 8.9x | 17.6x | 1.1x |
| Fri, 05 Apr 2024 | HK$667.6b | HK$646.1b | HK$39.1b | 8.1x | 17.1x | 1x |
| Sun, 03 Mar 2024 | HK$624.8b | HK$616.4b | HK$36.7b | 9.1x | 17x | 1x |
| Tue, 30 Jan 2024 | HK$594.2b | HK$615.8b | HK$36.6b | 8.8x | 16.2x | 1x |
| Thu, 28 Dec 2023 | HK$555.4b | HK$616.8b | HK$37.9b | 8.7x | 14.7x | 0.9x |
| Sat, 25 Nov 2023 | HK$558.2b | HK$615.4b | HK$37.8b | 9.5x | 14.8x | 0.9x |
| Mon, 23 Oct 2023 | HK$510.5b | HK$594.2b | HK$35.0b | 9.4x | 14.6x | 0.9x |
| Wed, 20 Sep 2023 | HK$542.9b | HK$595.1b | HK$34.8b | 10.1x | 15.6x | 0.9x |
| Fri, 18 Aug 2023 | HK$543.4b | HK$566.0b | HK$31.0b | 8.9x | 17.5x | 1x |
| Sun, 16 Jul 2023 | HK$579.4b | HK$574.3b | HK$32.5b | 9.4x | 17.8x | 1x |
| Tue, 13 Jun 2023 | HK$535.5b | HK$575.7b | HK$32.6b | 11.1x | 16.4x | 0.9x |
| Thu, 11 May 2023 | HK$584.8b | HK$587.7b | HK$33.1b | 12x | 17.7x | 1x |
| Sat, 08 Apr 2023 | HK$572.8b | HK$579.8b | HK$31.3b | 12.6x | 18.3x | 1x |
| Mon, 06 Mar 2023 | HK$588.4b | HK$552.3b | HK$31.1b | 12x | 18.9x | 1.1x |
| Wed, 01 Feb 2023 | HK$619.8b | HK$565.5b | HK$32.0b | 12.4x | 19.4x | 1.1x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are optimistic on the Hong Kong Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.5x which is higher than its 3-year average PE of 16.9x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 7.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -0.21% | |
| Industrials | 2.29% | |
| Machinery | 5.11% | |
| Construction Machinery and Vehicles | 7.89% | |
| Agricultural Machinery | 5.74% | |
| Industrial Machinery | 1.95% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 20.4x.
- Analysts are expecting annual earnings growth of 22.5%, which is higher than its past year's earnings growth of 12.6% per year.
- Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.1x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2338 Weichai Power | HK$25.62 | 8.8% +HK$17.9b | 89.5% | PE16.5x | |
| 3808 Sinotruk (Hong Kong) | HK$32.28 | 8.8% +HK$7.2b | 42.5% | PE13.3x | |
| 631 Sany Heavy Equipment International Holdings | HK$11.65 | 22.2% +HK$6.9b | 134.4% | PE23.7x | |
| 2590 Beijing Geekplus Technology | HK$33.38 | 15.7% +HK$6.0b | n/a | PS15x | |
| 9880 Ubtech Robotics | HK$144.00 | 8.1% +HK$5.4b | 93.7% | PS44.9x |
