SITC International Holdings (HKG:1308) Seems To Use Debt Quite Sensibly
Dec 24
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Hong Kong (HSI) Marine and Shipping Industry Analysis
UpdatedJan 17, 2025
DataAggregated Company Financials
Companies16
- 7D0.6%
- 3M-2.4%
- 1Y31.5%
- YTD-5.7%
In the last week, the Marine and Shipping industry is flat overall, with SITC International Holdings standing out by going down 3.6%. As for the the longer term, the industry is up 31% over the past 12 months. In the next few years, earnings are forecast to decline by 15% annually.
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, 17 Jan 2025 | HK$380.4b | HK$348.4b | HK$56.4b | 7.3x | 6.7x | 1.1x |
| Sun, 15 Dec 2024 | HK$385.7b | HK$349.7b | HK$56.6b | 8.3x | 6.8x | 1.1x |
| Tue, 12 Nov 2024 | HK$402.7b | HK$352.0b | HK$57.1b | 8.7x | 7.1x | 1.1x |
| Thu, 10 Oct 2024 | HK$390.2b | HK$315.7b | HK$40.4b | 7.6x | 9.7x | 1.2x |
| Sat, 07 Sep 2024 | HK$336.5b | HK$316.0b | HK$40.4b | 8.2x | 8.3x | 1.1x |
| Mon, 05 Aug 2024 | HK$366.7b | HK$302.2b | HK$41.5b | 13x | 8.8x | 1.2x |
| Wed, 03 Jul 2024 | HK$437.8b | HK$299.6b | HK$41.1b | 14.7x | 10.6x | 1.5x |
| Fri, 31 May 2024 | HK$419.8b | HK$300.6b | HK$41.1b | 14.1x | 10.2x | 1.4x |
| Sun, 28 Apr 2024 | HK$327.7b | HK$299.7b | HK$41.5b | 12.9x | 7.9x | 1.1x |
| Tue, 26 Mar 2024 | HK$286.2b | HK$338.9b | HK$53.2b | 9.1x | 5.4x | 0.8x |
| Thu, 22 Feb 2024 | HK$304.7b | HK$387.0b | HK$91.0b | 6.3x | 3.3x | 0.8x |
| Sat, 20 Jan 2024 | HK$286.1b | HK$389.4b | HK$91.4b | 6.4x | 3.1x | 0.7x |
| Mon, 18 Dec 2023 | HK$284.6b | HK$388.5b | HK$91.2b | 6.6x | 3.1x | 0.7x |
| Wed, 15 Nov 2023 | HK$271.3b | HK$380.6b | HK$90.2b | 5.8x | 3x | 0.7x |
| Fri, 13 Oct 2023 | HK$275.2b | HK$448.4b | HK$119.2b | 6x | 2.3x | 0.6x |
| Sun, 10 Sep 2023 | HK$280.9b | HK$447.7b | HK$119.1b | 6.1x | 2.4x | 0.6x |
| Tue, 08 Aug 2023 | HK$309.6b | HK$578.4b | HK$192.7b | 6.4x | 1.6x | 0.5x |
| Thu, 06 Jul 2023 | HK$303.0b | HK$581.4b | HK$195.4b | 6.2x | 1.6x | 0.5x |
| Sat, 03 Jun 2023 | HK$289.1b | HK$591.9b | HK$198.5b | 4.1x | 1.5x | 0.5x |
| Mon, 01 May 2023 | HK$355.0b | HK$601.0b | HK$200.9b | 4x | 1.8x | 0.6x |
| Wed, 29 Mar 2023 | HK$358.1b | HK$700.7b | HK$235.3b | 5x | 1.5x | 0.5x |
| Fri, 24 Feb 2023 | HK$333.9b | HK$705.3b | HK$237.9b | 2.5x | 1.4x | 0.5x |
| Sun, 22 Jan 2023 | HK$331.1b | HK$711.6b | HK$239.6b | 2.5x | 1.4x | 0.5x |
| Tue, 20 Dec 2022 | HK$339.3b | HK$694.2b | HK$234.5b | 2.8x | 1.4x | 0.5x |
| Thu, 17 Nov 2022 | HK$348.3b | HK$693.5b | HK$234.6b | 2.1x | 1.5x | 0.5x |
| Sat, 15 Oct 2022 | HK$334.7b | HK$672.6b | HK$230.8b | 2.1x | 1.5x | 0.5x |
| Mon, 12 Sep 2022 | HK$386.0b | HK$688.3b | HK$235.4b | 2.4x | 1.6x | 0.6x |
| Wed, 10 Aug 2022 | HK$502.4b | HK$624.2b | HK$193.2b | 4.5x | 2.6x | 0.8x |
| Fri, 08 Jul 2022 | HK$482.7b | HK$622.2b | HK$191.5b | 3.8x | 2.5x | 0.8x |
| Sun, 05 Jun 2022 | HK$556.3b | HK$625.2b | HK$192.3b | 4.7x | 2.9x | 0.9x |
| Tue, 03 May 2022 | HK$497.3b | HK$628.7b | HK$193.3b | 4.3x | 2.6x | 0.8x |
| Thu, 31 Mar 2022 | HK$534.9b | HK$594.2b | HK$182.4b | 4.5x | 2.9x | 0.9x |
| Sat, 26 Feb 2022 | HK$544.0b | HK$481.3b | HK$126.9b | 9.9x | 4.3x | 1.1x |
| Mon, 24 Jan 2022 | HK$535.6b | HK$478.7b | HK$126.2b | 11.6x | 4.2x | 1.1x |
Price to Earnings Ratio
4.2x
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 6.7x which is higher than its 3-year average PE of 4.0x.
- 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 24% per year over the last three years,
- Revenues have also declined 10% 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 | 1.10% | |
| Industrials | 0.071% | |
| Marine and Shipping | 0.63% | |
| Marine | 0.63% | |
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 | |
|---|---|---|---|---|---|
| 1919 COSCO SHIPPING Holdings | HK$11.72 | 1.0% +HK$1.7b | 49.3% | PE4.4x | |
| 2510 T.S. Lines | HK$4.44 | 6.0% +HK$416.3m | n/a | PE45.8x | |
| 2343 Pacific Basin Shipping | HK$1.65 | 1.9% +HK$152.2m | -29.8% | PE13.2x | |
| 2409 Seacon Shipping Group Holdings | HK$4.78 | 6.2% +HK$140.0m | 45.7% | PE7.5x | |
| 316 Orient Overseas (International) | HK$107.50 | 0.2% +HK$132.1m | -4.5% | PE8.5x |
