Narrative Update • Aug 21

In the last week, the Marine and Shipping industry is up 17%, with COSCO SHIPPING Holdings up 16%. In the last 12 months, the industry was up 30%. Looking forward, earnings are forecast to decline by 13% per year.
Has the Hong Kong Marine and Shipping Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 24 Aug 2026 | HK$592.3b | HK$390.1b | HK$55.2b | 10.7x | 10.7x | 1.5x |
| Wed, 22 Jul 2026 | HK$487.9b | HK$386.5b | HK$54.0b | 10.4x | 9x | 1.3x |
| Fri, 19 Jun 2026 | HK$438.2b | HK$386.3b | HK$54.0b | 9.1x | 8.1x | 1.1x |
| Sun, 17 May 2026 | HK$468.8b | HK$384.5b | HK$53.7b | 9.8x | 8.7x | 1.2x |
| Tue, 14 Apr 2026 | HK$484.0b | HK$390.7b | HK$60.3b | 9.9x | 8x | 1.2x |
| Thu, 12 Mar 2026 | HK$504.0b | HK$408.0b | HK$79.5b | 5.7x | 6.3x | 1.2x |
| Sat, 07 Feb 2026 | HK$450.7b | HK$406.6b | HK$79.9b | 6.2x | 5.6x | 1.1x |
| Mon, 05 Jan 2026 | HK$443.5b | HK$403.5b | HK$79.3b | 5x | 5.6x | 1.1x |
| Wed, 03 Dec 2025 | HK$440.8b | HK$400.5b | HK$78.8b | 5.4x | 5.6x | 1.1x |
| Fri, 31 Oct 2025 | HK$445.9b | HK$414.5b | HK$91.2b | 6.7x | 4.9x | 1.1x |
| Sun, 28 Sep 2025 | HK$429.5b | HK$414.3b | HK$91.1b | 7.6x | 4.7x | 1x |
| Tue, 26 Aug 2025 | HK$475.4b | HK$416.3b | HK$95.1b | 6.9x | 5x | 1.1x |
| Thu, 24 Jul 2025 | HK$460.1b | HK$415.3b | HK$92.5b | 6.9x | 5x | 1.1x |
| Sat, 21 Jun 2025 | HK$455.2b | HK$414.7b | HK$92.4b | 6x | 4.9x | 1.1x |
| Mon, 19 May 2025 | HK$448.9b | HK$412.2b | HK$91.8b | 6.6x | 4.9x | 1.1x |
| Wed, 16 Apr 2025 | HK$379.4b | HK$395.1b | HK$85.1b | 6.1x | 4.5x | 1x |
| Fri, 14 Mar 2025 | HK$382.8b | HK$356.1b | HK$60.7b | 7.4x | 6.3x | 1.1x |
| Sun, 09 Feb 2025 | HK$382.3b | HK$349.9b | HK$56.6b | 7.6x | 6.8x | 1.1x |
| Tue, 07 Jan 2025 | HK$402.0b | HK$348.1b | HK$56.3b | 6.8x | 7.1x | 1.2x |
| Thu, 05 Dec 2024 | HK$379.7b | HK$350.2b | HK$56.7b | 8x | 6.7x | 1.1x |
| Sat, 02 Nov 2024 | HK$419.6b | HK$354.7b | HK$57.6b | 8.8x | 7.3x | 1.2x |
| Mon, 30 Sep 2024 | HK$407.1b | HK$317.2b | HK$40.6b | 8.2x | 10x | 1.3x |
| Wed, 28 Aug 2024 | HK$354.7b | HK$305.5b | HK$39.3b | 11.6x | 9x | 1.2x |
| Fri, 26 Jul 2024 | HK$352.0b | HK$300.4b | HK$41.2b | 12.6x | 8.5x | 1.2x |
| Sun, 23 Jun 2024 | HK$437.4b | HK$299.4b | HK$41.0b | 15x | 10.7x | 1.5x |
| Tue, 21 May 2024 | HK$410.8b | HK$300.0b | HK$41.0b | 13.5x | 10x | 1.4x |
| Thu, 18 Apr 2024 | HK$301.4b | HK$300.0b | HK$41.6b | 12.3x | 7.2x | 1x |
| Sat, 16 Mar 2024 | HK$312.1b | HK$378.1b | HK$85.0b | 9.6x | 3.7x | 0.8x |
| Mon, 12 Feb 2024 | HK$286.6b | HK$388.1b | HK$91.2b | 6.6x | 3.1x | 0.7x |
| Wed, 10 Jan 2024 | HK$289.5b | HK$388.5b | HK$91.2b | 6.4x | 3.2x | 0.7x |
| Fri, 08 Dec 2023 | HK$272.0b | HK$385.4b | HK$90.9b | 5.7x | 3x | 0.7x |
| Sun, 05 Nov 2023 | HK$278.6b | HK$380.8b | HK$90.3b | 5.8x | 3.1x | 0.7x |
| Tue, 03 Oct 2023 | HK$282.9b | HK$448.9b | HK$119.4b | 6.1x | 2.4x | 0.6x |
| Thu, 31 Aug 2023 | HK$294.7b | HK$450.2b | HK$119.8b | 6.2x | 2.5x | 0.7x |
2.5x
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 3.64% | |
| Industrials | 3.03% | |
| Marine and Shipping | 17.28% | |
| Marine | 17.28% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1919 COSCO SHIPPING Holdings | HK$17.95 | 15.9% +HK$37.1b | 23.7% | PE9.3x | |
| 1308 SITC International Holdings | HK$49.06 | 20.3% +HK$22.5b | 61.8% | PE13.4x | |
| 316 Orient Overseas (International) | HK$176.70 | 19.3% +HK$18.9b | 19.9% | PE9.8x | |
| 2510 T.S. Lines | HK$11.97 | 24.1% +HK$3.9b | 19.8% | PE7.7x | |
| 2343 Pacific Basin Shipping | HK$4.23 | 8.9% +HK$1.8b | 89.7% | PE20x |