Narrative Update • Aug 21

The Marine industry is up 17% in the last week, with COSCO SHIPPING Holdings up 9.1%. This means that the industry has gained 30% over the past year. As for the next few years, earnings are forecast to decline by 13% per annum.
Has the Hong Kong Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Aug 2026 | HK$597.4b | HK$389.9b | HK$55.2b | 10.7x | 10.8x | 1.5x |
| Thu, 23 Jul 2026 | HK$496.8b | HK$386.2b | HK$54.0b | 10.7x | 9.2x | 1.3x |
| Sat, 20 Jun 2026 | HK$438.2b | HK$386.2b | HK$54.0b | 9.1x | 8.1x | 1.1x |
| Mon, 18 May 2026 | HK$468.8b | HK$384.5b | HK$53.7b | 9.8x | 8.7x | 1.2x |
| Wed, 15 Apr 2026 | HK$484.4b | HK$391.4b | HK$60.4b | 9.8x | 8x | 1.2x |
| Fri, 13 Mar 2026 | HK$504.4b | HK$407.9b | HK$79.5b | 5.6x | 6.3x | 1.2x |
| Sun, 08 Feb 2026 | HK$450.7b | HK$406.7b | HK$79.9b | 6.2x | 5.6x | 1.1x |
| Tue, 06 Jan 2026 | HK$434.0b | HK$403.7b | HK$79.4b | 5x | 5.5x | 1.1x |
| Thu, 04 Dec 2025 | HK$440.6b | HK$400.6b | HK$78.9b | 5.3x | 5.6x | 1.1x |
| Sat, 01 Nov 2025 | HK$447.9b | HK$398.2b | HK$78.4b | 6.6x | 5.7x | 1.1x |
| Mon, 29 Sep 2025 | HK$429.5b | HK$414.3b | HK$91.1b | 7.6x | 4.7x | 1x |
| Wed, 27 Aug 2025 | HK$474.8b | HK$416.4b | HK$95.9b | 6.8x | 4.9x | 1.1x |
| Fri, 25 Jul 2025 | HK$467.8b | HK$415.6b | HK$92.5b | 6.9x | 5.1x | 1.1x |
| Sun, 22 Jun 2025 | HK$455.2b | HK$414.7b | HK$92.4b | 6x | 4.9x | 1.1x |
| Tue, 20 May 2025 | HK$451.9b | HK$412.4b | HK$91.9b | 6.5x | 4.9x | 1.1x |
| Thu, 17 Apr 2025 | HK$375.2b | HK$395.6b | HK$85.2b | 6x | 4.4x | 0.9x |
| Sat, 15 Mar 2025 | HK$384.0b | HK$374.1b | HK$72.5b | 7.3x | 5.3x | 1x |
| Mon, 10 Feb 2025 | HK$382.3b | HK$349.9b | HK$56.6b | 7.6x | 6.8x | 1.1x |
| Wed, 08 Jan 2025 | HK$394.4b | HK$348.1b | HK$56.3b | 6.9x | 7x | 1.1x |
| Fri, 06 Dec 2024 | HK$378.0b | HK$350.2b | HK$56.7b | 7.9x | 6.7x | 1.1x |
| Sun, 03 Nov 2024 | HK$418.1b | HK$354.7b | HK$57.6b | 8.8x | 7.3x | 1.2x |
| Tue, 01 Oct 2024 | HK$419.5b | HK$317.0b | HK$40.6b | 8.3x | 10.3x | 1.3x |
| Thu, 29 Aug 2024 | HK$352.5b | HK$305.3b | HK$39.3b | 11.2x | 9x | 1.2x |
| Sat, 27 Jul 2024 | HK$351.6b | HK$299.8b | HK$41.1b | 12.4x | 8.5x | 1.2x |
| Mon, 24 Jun 2024 | HK$437.4b | HK$299.4b | HK$41.0b | 15x | 10.7x | 1.5x |
| Wed, 22 May 2024 | HK$405.8b | HK$300.0b | HK$41.0b | 13.7x | 9.9x | 1.4x |
| Fri, 19 Apr 2024 | HK$305.2b | HK$300.0b | HK$41.6b | 12.5x | 7.3x | 1x |
| Sun, 17 Mar 2024 | HK$312.0b | HK$378.2b | HK$85.0b | 9.7x | 3.7x | 0.8x |
| Tue, 13 Feb 2024 | HK$286.6b | HK$386.9b | HK$91.0b | 6.6x | 3.2x | 0.7x |
| Thu, 11 Jan 2024 | HK$279.9b | HK$387.7b | HK$91.1b | 6.4x | 3.1x | 0.7x |
| Sat, 09 Dec 2023 | HK$272.8b | HK$384.7b | HK$90.8b | 5.7x | 3x | 0.7x |
| Mon, 06 Nov 2023 | HK$278.6b | HK$380.8b | HK$90.3b | 5.8x | 3.1x | 0.7x |
| Wed, 04 Oct 2023 | HK$282.9b | HK$448.9b | HK$119.4b | 6.2x | 2.4x | 0.6x |
| Fri, 01 Sep 2023 | HK$287.3b | HK$450.1b | HK$119.8b | 6.2x | 2.4x | 0.6x |
2.4x
How does Hong Kong Marine compare with similar industries?
| HK Market | 1.35% | |
| Industrials | 0.24% | |
| Marine and Shipping | 10.69% | |
| Marine | 10.69% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1919 COSCO SHIPPING Holdings | HK$17.49 | 4.7% +HK$11.9b | 19.1% | PE9x | |
| 1308 SITC International Holdings | HK$47.62 | 9.3% +HK$11.0b | 54.1% | PE13x | |
| 2510 T.S. Lines | HK$12.63 | 14.8% +HK$2.7b | 33.7% | PE7.2x | |
| 316 Orient Overseas (International) | HK$168.40 | 2.1% +HK$2.3b | 17.5% | PE9.4x | |
| 2343 Pacific Basin Shipping | HK$4.18 | 2.7% +HK$561.9m | 84.1% | PE19.8x |