A Look At The Fair Value Of SITC International Holdings Company Limited (HKG:1308)
Jan 24
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Hong Kong (HSI) Marine Industry Analysis
UpdatedJan 24, 2025
DataAggregated Company Financials
Companies16
- 7D-0.8%
- 3M-5.8%
- 1Y25.3%
- YTDn/a
Over the last 7 days, the Marine industry has dropped 3.1%, driven by pullbacks in SITC International Holdings and COSCO SHIPPING Holdings of 2.9% and 0.5%, respectively. On the other hand LC Logistics is actually up 14%. In the past year, the industry has gained 24%. Looking forward, earnings are forecast to decline by 16% per year.
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, 24 Jan 2025 | HK$378.2b | HK$349.9b | HK$56.6b | 7.5x | 6.7x | 1.1x |
| Sun, 22 Dec 2024 | HK$379.7b | HK$349.0b | HK$56.5b | 7x | 6.7x | 1.1x |
| Tue, 19 Nov 2024 | HK$398.3b | HK$351.5b | HK$57.0b | 8.5x | 7x | 1.1x |
| Thu, 17 Oct 2024 | HK$387.4b | HK$314.3b | HK$40.2b | 7.9x | 9.6x | 1.2x |
| Sat, 14 Sep 2024 | HK$335.7b | HK$315.9b | HK$40.4b | 7.7x | 8.3x | 1.1x |
| Mon, 12 Aug 2024 | HK$340.0b | HK$302.8b | HK$41.2b | 12.7x | 8.3x | 1.1x |
| Wed, 10 Jul 2024 | HK$399.7b | HK$299.5b | HK$41.1b | 13.7x | 9.7x | 1.3x |
| Fri, 07 Jun 2024 | HK$453.7b | HK$300.0b | HK$41.0b | 14.1x | 11.1x | 1.5x |
| Sun, 05 May 2024 | HK$346.3b | HK$300.3b | HK$41.1b | 13.6x | 8.4x | 1.2x |
| Tue, 02 Apr 2024 | HK$288.8b | HK$300.1b | HK$41.6b | 10.6x | 6.9x | 1x |
| Thu, 29 Feb 2024 | HK$303.3b | HK$387.0b | HK$91.0b | 6.3x | 3.3x | 0.8x |
| Sat, 27 Jan 2024 | HK$301.2b | HK$388.5b | HK$91.2b | 6.5x | 3.3x | 0.8x |
| Mon, 25 Dec 2023 | HK$302.5b | HK$388.4b | HK$91.2b | 6.4x | 3.3x | 0.8x |
| Wed, 22 Nov 2023 | HK$275.8b | HK$384.6b | HK$90.8b | 5.8x | 3x | 0.7x |
| Fri, 20 Oct 2023 | HK$268.1b | HK$448.0b | HK$119.1b | 5.9x | 2.3x | 0.6x |
| Sun, 17 Sep 2023 | HK$286.4b | HK$449.6b | HK$119.5b | 6.1x | 2.4x | 0.6x |
| Tue, 15 Aug 2023 | HK$304.3b | HK$575.8b | HK$192.1b | 6.6x | 1.6x | 0.5x |
| Thu, 13 Jul 2023 | HK$294.7b | HK$584.2b | HK$196.2b | 6.2x | 1.5x | 0.5x |
| Sat, 10 Jun 2023 | HK$299.0b | HK$588.4b | HK$197.5b | 4.1x | 1.5x | 0.5x |
| Mon, 08 May 2023 | HK$347.8b | HK$600.7b | HK$200.9b | 3.7x | 1.7x | 0.6x |
| Wed, 05 Apr 2023 | HK$351.7b | HK$700.7b | HK$235.3b | 4x | 1.5x | 0.5x |
| Fri, 03 Mar 2023 | HK$352.5b | HK$703.1b | HK$234.4b | 3.2x | 1.5x | 0.5x |
| Sun, 29 Jan 2023 | HK$328.7b | HK$711.8b | HK$239.7b | 2.6x | 1.4x | 0.5x |
| Tue, 27 Dec 2022 | HK$336.8b | HK$697.5b | HK$235.5b | 2.6x | 1.4x | 0.5x |
| Thu, 24 Nov 2022 | HK$349.0b | HK$686.7b | HK$232.6b | 2.1x | 1.5x | 0.5x |
| Sat, 22 Oct 2022 | HK$328.4b | HK$670.0b | HK$230.1b | 2x | 1.4x | 0.5x |
| Mon, 19 Sep 2022 | HK$371.6b | HK$684.1b | HK$234.1b | 2.4x | 1.6x | 0.5x |
| Wed, 17 Aug 2022 | HK$477.2b | HK$621.9b | HK$192.5b | 4.6x | 2.5x | 0.8x |
| Fri, 15 Jul 2022 | HK$483.7b | HK$621.8b | HK$191.4b | 3.7x | 2.5x | 0.8x |
| Sun, 12 Jun 2022 | HK$512.9b | HK$622.2b | HK$191.5b | 4.6x | 2.7x | 0.8x |
| Tue, 10 May 2022 | HK$500.1b | HK$625.1b | HK$192.3b | 4.7x | 2.6x | 0.8x |
| Thu, 07 Apr 2022 | HK$574.7b | HK$640.6b | HK$190.1b | 3.3x | 3x | 0.9x |
| Sat, 05 Mar 2022 | HK$606.6b | HK$489.7b | HK$132.2b | 5.3x | 4.6x | 1.2x |
| Mon, 31 Jan 2022 | HK$515.3b | HK$477.9b | HK$126.0b | 10.8x | 4.1x | 1.1x |
Price to Earnings Ratio
4.1x
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 6.6x 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 Marine industry have declined 23% per year over the last three years,
- Revenues have also declined 9.8% 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 | 0.45% | |
| Industrials | 0.12% | |
| Marine and Shipping | -0.80% | |
| Marine | -0.80% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2490 LC Logistics | HK$24.60 | 14.4% +HK$887.4m | 365.9% | PE271.2x | |
| 1919 COSCO SHIPPING Holdings | HK$11.74 | 0.2% +HK$123.5m | 39.8% | PE4.3x | |
| 351 Asia Energy Logistics Group | HK$0.14 | 22.1% +HK$49.9m | -49.8% | PS2.4x | |
| 1145 Courage Investment Group | HK$0.12 | 14.3% +HK$16.5m | 71.4% | PS1.8x | |
| 560 Chu Kong Shipping Enterprises (Group) | HK$0.77 | 1.3% +HK$11.2m | -3.8% | PE7x |
