Courage Investment Group's (HKG:1145) Returns On Capital Are Heading Higher
Nov 24
Hong Kong (HSI) Marine and Shipping Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies13
- 7D-7.2%
- 3M-31.0%
- 1Y-28.4%
- YTD-46.1%
Over the last 7 days, the Marine and Shipping industry has dropped 7.2%, driven by a pullback from COSCO SHIPPING Holdings of 15%. Meanwhile, Orient Overseas (International) actually outperformed within the industry, gaining 9.3% in the last week. However, the industry is down 28% over the past year. Looking forward, earnings are forecast to decline by 57% 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 |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | HK$344.9b | HK$684.6b | HK$231.9b | 2.4x | 1.5x | 0.5x |
| Wed, 26 Oct 2022 | HK$327.5b | HK$667.5b | HK$229.4b | 2x | 1.4x | 0.5x |
| Fri, 23 Sep 2022 | HK$365.4b | HK$680.5b | HK$233.1b | 2.3x | 1.6x | 0.5x |
| Sun, 21 Aug 2022 | HK$476.5b | HK$658.9b | HK$219.7b | 3.2x | 2.2x | 0.7x |
| Tue, 19 Jul 2022 | HK$485.6b | HK$619.3b | HK$190.7b | 3.8x | 2.5x | 0.8x |
| Thu, 16 Jun 2022 | HK$523.1b | HK$620.2b | HK$191.0b | 4.7x | 2.7x | 0.8x |
| Sat, 14 May 2022 | HK$494.8b | HK$617.3b | HK$190.2b | 4.5x | 2.6x | 0.8x |
| Mon, 11 Apr 2022 | HK$512.6b | HK$595.0b | HK$182.7b | 4.3x | 2.8x | 0.9x |
| Wed, 09 Mar 2022 | HK$590.1b | HK$495.6b | HK$135.7b | 4.9x | 4.3x | 1.2x |
| Fri, 04 Feb 2022 | HK$524.5b | HK$477.9b | HK$126.0b | 10.9x | 4.2x | 1.1x |
| Sun, 02 Jan 2022 | HK$562.7b | HK$478.7b | HK$126.2b | 10.1x | 4.5x | 1.2x |
| Tue, 30 Nov 2021 | HK$489.2b | HK$476.6b | HK$125.7b | 10.3x | 3.9x | 1x |
| Thu, 28 Oct 2021 | HK$468.9b | HK$416.4b | HK$91.4b | 10.2x | 5.1x | 1.1x |
| Sat, 25 Sep 2021 | HK$600.7b | HK$413.5b | HK$90.9b | 11.6x | 6.6x | 1.5x |
| Mon, 23 Aug 2021 | HK$602.6b | HK$412.6b | HK$90.7b | 10.9x | 6.6x | 1.5x |
| Sat, 10 Jul 2021 | HK$621.5b | HK$412.6b | HK$90.7b | 9.2x | 6.9x | 1.5x |
| Fri, 02 Apr 2021 | HK$340.0b | HK$347.4b | HK$51.6b | 6.1x | 6.6x | 1x |
| Mon, 04 Jan 2021 | HK$268.9b | HK$295.1b | HK$19.9b | 9.3x | 13.5x | 0.9x |
| Thu, 08 Oct 2020 | HK$131.2b | HK$266.0b | HK$14.4b | 9.1x | 9.1x | 0.5x |
| Wed, 01 Jul 2020 | HK$94.5b | HK$249.5b | HK$8.6b | 10.9x | 11x | 0.4x |
| Sat, 04 Apr 2020 | HK$95.3b | HK$248.1b | HK$9.3b | 11.2x | 10.3x | 0.4x |
| Tue, 07 Jan 2020 | HK$126.7b | HK$251.0b | HK$10.9b | 17.3x | 11.6x | 0.5x |
Price to Earnings Ratio
18.6x
Current Industry PE
- Investors are pessimistic on the Hong Kong Shipping industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 1.5x which is lower than its 3-year average PE of 7.8x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Shipping industry have grown 229% per year over the last three years.
- Revenues for these companies have grown 41% 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 | -0.24% | |
| Industrials | -0.18% | |
| Marine and Shipping | -7.23% | |
| Marine | -7.23% | |
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 | |
|---|---|---|---|---|---|
| 316 Orient Overseas (International) | HK$134.60 | 9.3% +HK$7.6b | -1.5% | PE1.1x | |
| 2343 Pacific Basin Shipping | HK$2.53 | 9.1% +HK$1.1b | -11.2% | PE1.5x | |
| 560 Chu Kong Shipping Enterprises (Group) | HK$0.86 | 4.9% +HK$44.8m | -10.4% | PE13.2x | |
| 1549 Ever Harvest Group Holdings | HK$0.20 | 10.7% +HK$29.5m | 46.3% | PE6.9x | |
| 1732 Xiangxing International Holding | HK$0.22 | 10.3% +HK$21.0m | 15.5% | PE50x |