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Hong Kong (HSI) Marine and Shipping Industry Analysis

UpdatedMar 26, 2024
DataAggregated Company Financials
Companies15
  • 7D-9.8%
  • 3M-5.0%
  • 1Y-19.7%
  • YTD-3.3%

Over the last 7 days, the Marine and Shipping industry has dropped 9.0%, driven by Orient Overseas (International) declining 21%. On the other hand Seacon Shipping Group Holdings is actually up 5.0%. However, the industry is down 20% over the past year. As for the next few years, earnings are forecast to decline by 22% per annum.

Industry Valuation and Performance

Has the Hong Kong Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Mar 2024HK$286.2bHK$338.9bHK$53.2b9.1x5.4x0.8x
Thu, 22 Feb 2024HK$304.7bHK$387.0bHK$91.0b6.3x3.3x0.8x
Sat, 20 Jan 2024HK$286.1bHK$389.4bHK$91.4b6.4x3.1x0.7x
Mon, 18 Dec 2023HK$284.6bHK$388.5bHK$91.2b6.6x3.1x0.7x
Wed, 15 Nov 2023HK$271.3bHK$380.6bHK$90.2b5.8x3x0.7x
Fri, 13 Oct 2023HK$275.2bHK$448.4bHK$119.2b6x2.3x0.6x
Sun, 10 Sep 2023HK$280.9bHK$447.7bHK$119.1b6.1x2.4x0.6x
Tue, 08 Aug 2023HK$309.6bHK$578.4bHK$192.7b6.4x1.6x0.5x
Thu, 06 Jul 2023HK$303.0bHK$581.4bHK$195.4b6.2x1.6x0.5x
Sat, 03 Jun 2023HK$289.1bHK$591.9bHK$198.5b4.1x1.5x0.5x
Mon, 01 May 2023HK$355.0bHK$601.0bHK$200.9b4x1.8x0.6x
Wed, 29 Mar 2023HK$358.1bHK$700.7bHK$235.3b5x1.5x0.5x
Fri, 24 Feb 2023HK$333.9bHK$705.3bHK$237.9b2.5x1.4x0.5x
Sun, 22 Jan 2023HK$331.1bHK$711.6bHK$239.6b2.5x1.4x0.5x
Tue, 20 Dec 2022HK$339.3bHK$694.2bHK$234.5b2.8x1.4x0.5x
Thu, 17 Nov 2022HK$348.3bHK$693.5bHK$234.6b2.1x1.5x0.5x
Sat, 15 Oct 2022HK$334.7bHK$672.6bHK$230.8b2.1x1.5x0.5x
Mon, 12 Sep 2022HK$386.0bHK$688.3bHK$235.4b2.4x1.6x0.6x
Wed, 10 Aug 2022HK$502.4bHK$624.2bHK$193.2b4.5x2.6x0.8x
Fri, 08 Jul 2022HK$482.7bHK$622.2bHK$191.5b3.8x2.5x0.8x
Sun, 05 Jun 2022HK$556.3bHK$625.2bHK$192.3b4.7x2.9x0.9x
Tue, 03 May 2022HK$497.3bHK$628.7bHK$193.3b4.3x2.6x0.8x
Thu, 31 Mar 2022HK$534.9bHK$594.2bHK$182.4b4.5x2.9x0.9x
Sat, 26 Feb 2022HK$544.0bHK$481.3bHK$126.9b9.9x4.3x1.1x
Mon, 24 Jan 2022HK$535.6bHK$478.7bHK$126.2b11.6x4.2x1.1x
Wed, 22 Dec 2021HK$562.7bHK$477.7bHK$125.9b10.8x4.5x1.2x
Fri, 19 Nov 2021HK$443.6bHK$476.6bHK$125.5b8.4x3.5x0.9x
Sun, 17 Oct 2021HK$423.2bHK$414.3bHK$91.0b9.4x4.6x1x
Tue, 14 Sep 2021HK$599.8bHK$412.6bHK$90.7b11.7x6.6x1.5x
Thu, 12 Aug 2021HK$598.2bHK$412.6bHK$90.7b10.6x6.6x1.4x
Mon, 07 Jun 2021HK$457.5bHK$347.4bHK$51.6b9.9x8.9x1.3x
Price to Earnings Ratio

6.6x


Total Market Cap: HK$340.0bTotal Earnings: HK$51.6bTotal Revenue: HK$347.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Marine and Shipping Industry Price to Earnings3Y Average 3.4x202220232024
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 5.5x which is higher than its 3-year average PE of 3.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Shipping industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Industrials industry?

HK Market-1.17%
Industrials-2.74%
Marine and Shipping-9.80%
Marine-9.80%
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?

CompanyLast Price7D1YValuation
2490 LC LogisticsHK$4.975.5%
+HK$74.4m
n/aPE6.3x
2409 Seacon Shipping Group HoldingsHK$3.344.0%
+HK$65.0m
n/aPE6.5x
3683 Great Harvest Maeta HoldingsHK$0.2712.5%
+HK$28.6m
50.0%PS2.3x
1549 Ever Harvest Group HoldingsHK$0.0883.5%
+HK$4.7m
-49.1%PE12.4x
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Latest News

560

HK$0.81

Chu Kong Shipping Enterprises (Group)

7D

-5.8%

1Y

-19.8%

316

HK$93.90

Orient Overseas (International)

7D

-18.6%

1Y

-37.7%

1549

HK$0.088

Ever Harvest Group Holdings

7D

3.5%

1Y

-49.1%

2490

HK$4.97

LC Logistics

7D

5.5%

1Y

n/a

1308

HK$13.34

SITC International Holdings

7D

-6.1%

1Y

-17.9%

137

HK$0.65

Jinhui Holdings

7D

-1.5%

1Y

-35.0%

1732

HK$0.14

Xiangxing International Holding

7D

-8.9%

1Y

-45.7%

2409

HK$3.34

Seacon Shipping Group Holdings

7D

4.0%

1Y

n/a

3683

HK$0.27

Great Harvest Maeta Holdings

7D

12.5%

1Y

50.0%