Is It Time To Consider Buying COSCO SHIPPING Holdings Co., Ltd. (HKG:1919)?
Feb 11
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Hong Kong (HSI) Marine and Shipping Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies16
- 7D0.5%
- 3M1.3%
- 1Y22.7%
- YTD-4.4%
Over the last 7 days, the Marine and Shipping industry has risen 2.0%, driven by gains from COSCO SHIPPING Holdings of 1.0%. In the same time, SITC International Holdings was down 5.3%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, earnings are forecast to decline by 19% per year.
Industry Valuation and Performance
Has the Hong Kong Marine and Shipping Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | HK$376.8b | HK$350.2b | HK$56.7b | 7.4x | 6.6x | 1.1x |
| Sun, 19 Jan 2025 | HK$378.3b | HK$348.5b | HK$56.4b | 7.5x | 6.7x | 1.1x |
| Tue, 17 Dec 2024 | HK$388.8b | HK$349.3b | HK$56.5b | 8.2x | 6.9x | 1.1x |
| Thu, 14 Nov 2024 | HK$397.9b | HK$351.8b | HK$57.0b | 8.5x | 7x | 1.1x |
| Sat, 12 Oct 2024 | HK$397.4b | HK$315.4b | HK$40.4b | 7.8x | 9.8x | 1.3x |
| Mon, 09 Sep 2024 | HK$335.1b | HK$315.9b | HK$40.4b | 8.2x | 8.3x | 1.1x |
| Wed, 07 Aug 2024 | HK$350.1b | HK$302.3b | HK$41.5b | 12.3x | 8.4x | 1.2x |
| Fri, 05 Jul 2024 | HK$428.6b | HK$299.4b | HK$41.1b | 14.5x | 10.4x | 1.4x |
| Sun, 02 Jun 2024 | HK$417.4b | HK$300.5b | HK$41.1b | 14x | 10.2x | 1.4x |
| Tue, 30 Apr 2024 | HK$329.7b | HK$299.8b | HK$41.6b | 13.3x | 7.9x | 1.1x |
| Thu, 28 Mar 2024 | HK$288.7b | HK$338.4b | HK$53.1b | 8.6x | 5.4x | 0.9x |
| Sat, 24 Feb 2024 | HK$315.1b | HK$386.9b | HK$91.0b | 6.2x | 3.5x | 0.8x |
| Mon, 22 Jan 2024 | HK$286.8b | HK$388.0b | HK$91.1b | 6.4x | 3.1x | 0.7x |
| Wed, 20 Dec 2023 | HK$301.0b | HK$387.6b | HK$91.0b | 6.6x | 3.3x | 0.8x |
| Fri, 17 Nov 2023 | HK$275.4b | HK$381.3b | HK$90.3b | 5.9x | 3x | 0.7x |
| Sun, 15 Oct 2023 | HK$272.9b | HK$448.3b | HK$119.2b | 6.1x | 2.3x | 0.6x |
| Tue, 12 Sep 2023 | HK$283.2b | HK$449.1b | HK$119.4b | 6.1x | 2.4x | 0.6x |
| Thu, 10 Aug 2023 | HK$310.9b | HK$578.4b | HK$192.8b | 6.2x | 1.6x | 0.5x |
| Sat, 08 Jul 2023 | HK$296.1b | HK$582.8b | HK$195.8b | 6.2x | 1.5x | 0.5x |
| Mon, 05 Jun 2023 | HK$289.6b | HK$590.7b | HK$198.1b | 4.1x | 1.5x | 0.5x |
| Wed, 03 May 2023 | HK$355.0b | HK$601.1b | HK$200.9b | 4x | 1.8x | 0.6x |
| Fri, 31 Mar 2023 | HK$368.1b | HK$700.8b | HK$235.3b | 4x | 1.6x | 0.5x |
| Sun, 26 Feb 2023 | HK$335.5b | HK$699.5b | HK$233.4b | 3.1x | 1.4x | 0.5x |
| Tue, 24 Jan 2023 | HK$331.2b | HK$712.0b | HK$239.8b | 2.5x | 1.4x | 0.5x |
| Thu, 22 Dec 2022 | HK$340.6b | HK$695.3b | HK$234.8b | 2.7x | 1.5x | 0.5x |
| Sat, 19 Nov 2022 | HK$333.1b | HK$686.4b | HK$232.6b | 2.1x | 1.4x | 0.5x |
| Mon, 17 Oct 2022 | HK$334.3b | HK$671.4b | HK$230.5b | 2.1x | 1.5x | 0.5x |
| Wed, 14 Sep 2022 | HK$386.0b | HK$688.3b | HK$235.4b | 2.4x | 1.6x | 0.6x |
| Fri, 12 Aug 2022 | HK$504.7b | HK$625.8b | HK$193.6b | 4.7x | 2.6x | 0.8x |
| Sun, 10 Jul 2022 | HK$489.5b | HK$623.3b | HK$191.8b | 3.7x | 2.6x | 0.8x |
| Tue, 07 Jun 2022 | HK$562.3b | HK$625.2b | HK$192.3b | 4.8x | 2.9x | 0.9x |
| Thu, 05 May 2022 | HK$502.9b | HK$628.8b | HK$193.3b | 4.4x | 2.6x | 0.8x |
| Sat, 02 Apr 2022 | HK$566.7b | HK$596.1b | HK$183.0b | 4.4x | 3.1x | 1x |
| Mon, 28 Feb 2022 | HK$547.3b | HK$489.4b | HK$132.1b | 5.1x | 4.1x | 1.1x |
Price to Earnings Ratio
4.1x
Current Industry PE
- Investors are optimistic on the Hong Kong Shipping industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.8x which is higher than its 3-year average PE of 4.1x.
- The 3-year average PS ratio of 0.82x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Shipping industry have declined 25% per year over the last three years,
- Revenues have also declined 11% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 3.24% | |
| Industrials | 1.03% | |
| Marine and Shipping | 0.51% | |
| Marine | 0.51% | |
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 | |
|---|---|---|---|---|---|
| 2343 Pacific Basin Shipping | HK$1.59 | 1.9% +HK$152.2m | -30.3% | PE12.7x | |
| 1748 Xin Yuan Enterprises Group | HK$1.76 | 3.5% +HK$26.4m | -58.1% | PE7.3x | |
| 2409 Seacon Shipping Group Holdings | HK$4.72 | 0.4% +HK$10.0m | 43.0% | PE7.4x | |
| 1732 Xiangxing International Holding | HK$0.079 | 9.7% +HK$9.0m | -50.6% | PE5.4x | |
| 1145 Courage Investment Group | HK$0.13 | 3.1% +HK$4.4m | 91.4% | PS2x |
