SITC International Holdings (HKG:1308) Is Paying Out Less In Dividends Than Last Year
Apr 25
Hong Kong (HSI) Marine Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies15
- 7D9.0%
- 3M9.3%
- 1Y-6.0%
- YTDn/a
In the last week, the Marine industry is up 8.6%, with COSCO SHIPPING Holdings up 8.9%. In contrast, the industry has lost 9.2% in the last 12 months. In the next few years, earnings are forecast to decline by 13% annually.
Industry Valuation and Performance
Has the Hong Kong Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | HK$325.8b | HK$299.7b | HK$41.5b | 13.2x | 7.8x | 1.1x |
| Sun, 24 Mar 2024 | HK$289.2b | HK$338.3b | HK$53.1b | 9.2x | 5.5x | 0.9x |
| Tue, 20 Feb 2024 | HK$299.7b | HK$386.8b | HK$91.0b | 6.1x | 3.3x | 0.8x |
| Thu, 18 Jan 2024 | HK$282.3b | HK$387.1b | HK$91.0b | 6.4x | 3.1x | 0.7x |
| Sat, 16 Dec 2023 | HK$285.0b | HK$389.0b | HK$91.3b | 6.6x | 3.1x | 0.7x |
| Mon, 13 Nov 2023 | HK$268.4b | HK$380.6b | HK$90.2b | 5.8x | 3x | 0.7x |
| Wed, 11 Oct 2023 | HK$272.2b | HK$448.3b | HK$119.2b | 6.1x | 2.3x | 0.6x |
| Fri, 08 Sep 2023 | HK$282.3b | HK$448.2b | HK$119.2b | 6.1x | 2.4x | 0.6x |
| Sun, 06 Aug 2023 | HK$308.1b | HK$579.7b | HK$193.1b | 6.1x | 1.6x | 0.5x |
| Tue, 04 Jul 2023 | HK$287.3b | HK$582.0b | HK$195.6b | 6.1x | 1.5x | 0.5x |
| Thu, 01 Jun 2023 | HK$287.7b | HK$589.4b | HK$197.8b | 4.1x | 1.5x | 0.5x |
| Sat, 29 Apr 2023 | HK$354.7b | HK$666.8b | HK$224.1b | 4x | 1.6x | 0.5x |
| Mon, 27 Mar 2023 | HK$361.6b | HK$698.3b | HK$235.0b | 5x | 1.5x | 0.5x |
| Wed, 22 Feb 2023 | HK$331.5b | HK$706.5b | HK$238.3b | 2.4x | 1.4x | 0.5x |
| Fri, 20 Jan 2023 | HK$331.1b | HK$711.8b | HK$239.7b | 2.5x | 1.4x | 0.5x |
| Sun, 18 Dec 2022 | HK$364.1b | HK$694.6b | HK$234.6b | 3.1x | 1.6x | 0.5x |
| Tue, 15 Nov 2022 | HK$350.4b | HK$690.4b | HK$233.8b | 2.2x | 1.5x | 0.5x |
| Thu, 13 Oct 2022 | HK$331.6b | HK$673.0b | HK$230.9b | 2.2x | 1.4x | 0.5x |
| Sat, 10 Sep 2022 | HK$385.1b | HK$686.2b | HK$234.8b | 2.4x | 1.6x | 0.6x |
| Mon, 08 Aug 2022 | HK$507.4b | HK$623.5b | HK$193.0b | 4.2x | 2.6x | 0.8x |
| Wed, 06 Jul 2022 | HK$467.1b | HK$622.6b | HK$191.6b | 3.6x | 2.4x | 0.8x |
| Fri, 03 Jun 2022 | HK$550.4b | HK$624.4b | HK$192.1b | 4.7x | 2.9x | 0.9x |
| Sun, 01 May 2022 | HK$497.3b | HK$580.4b | HK$178.8b | 4.3x | 2.8x | 0.9x |
| Tue, 29 Mar 2022 | HK$517.2b | HK$594.1b | HK$182.4b | 4.6x | 2.8x | 0.9x |
| Thu, 24 Feb 2022 | HK$552.2b | HK$481.3b | HK$126.9b | 9.8x | 4.4x | 1.1x |
| Sat, 22 Jan 2022 | HK$535.5b | HK$478.6b | HK$126.2b | 11.6x | 4.2x | 1.1x |
| Mon, 20 Dec 2021 | HK$554.3b | HK$477.6b | HK$125.9b | 11x | 4.4x | 1.2x |
| Wed, 17 Nov 2021 | HK$434.7b | HK$476.8b | HK$125.6b | 8.9x | 3.5x | 0.9x |
| Fri, 15 Oct 2021 | HK$461.1b | HK$414.6b | HK$91.1b | 9.4x | 5.1x | 1.1x |
| Sun, 12 Sep 2021 | HK$616.5b | HK$412.6b | HK$90.7b | 12x | 6.8x | 1.5x |
| Tue, 10 Aug 2021 | HK$558.9b | HK$412.6b | HK$90.7b | 10.6x | 6.2x | 1.4x |
| Mon, 03 May 2021 | HK$426.3b | HK$347.4b | HK$51.6b | 8.3x | 8.3x | 1.2x |
Price to Earnings Ratio
8.3x
Current Industry PE
- Investors are optimistic on the Hong Kong Marine industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.7x which is higher than its 3-year average PE of 3.4x.
- The 3-year average PS ratio of 0.83x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Marine industry have declined 7.0% per year over the last three years,
- Revenues have also declined 4.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Marine compare with similar industries?
| HK Market | 3.52% | |
| Industrials | 1.92% | |
| Marine and Shipping | 9.00% | |
| Marine | 9.00% | |
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$9.41 | 8.9% +HK$12.3b | 3.1% | PE5.8x | |
| 316 Orient Overseas (International) | HK$105.70 | 8.1% +HK$5.2b | -32.8% | PE6.5x | |
| 1308 SITC International Holdings | HK$17.20 | 10.4% +HK$4.3b | 21.3% | PE11.1x | |
| 2343 Pacific Basin Shipping | HK$2.67 | 10.3% +HK$1.3b | -1.5% | PE16.4x | |
| 2490 LC Logistics | HK$12.32 | 29.5% +HK$804.4m | n/a | PE27.5x |
