SITC International Holdings Company Limited's (HKG:1308) Business Is Trailing The Market But Its Shares Aren't
Aug 01
Hong Kong (HSI) Marine and Shipping Industry Analysis
UpdatedAug 06, 2024
DataAggregated Company Financials
Companies15
- 7D-2.1%
- 3M-3.9%
- 1Y13.6%
- YTD22.5%
In the last week, the Marine and Shipping industry is up 4.0%, with SITC International Holdings up 1.2%. In the last 12 months, the industry was up 19%. Looking forward, earnings are forecast to decline by 7.1% 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 |
|---|---|---|---|---|---|---|
| Tue, 06 Aug 2024 | HK$353.3b | HK$302.1b | HK$41.4b | 12.5x | 8.5x | 1.2x |
| Thu, 04 Jul 2024 | HK$426.4b | HK$299.4b | HK$41.1b | 14.5x | 10.4x | 1.4x |
| Sat, 01 Jun 2024 | HK$417.4b | HK$300.5b | HK$41.1b | 14x | 10.2x | 1.4x |
| Mon, 29 Apr 2024 | HK$327.7b | HK$299.7b | HK$41.5b | 12.9x | 7.9x | 1.1x |
| Wed, 27 Mar 2024 | HK$283.9b | HK$338.7b | HK$53.2b | 8.3x | 5.3x | 0.8x |
| Fri, 23 Feb 2024 | HK$313.0b | HK$387.0b | HK$91.0b | 6.5x | 3.4x | 0.8x |
| Sun, 21 Jan 2024 | HK$286.1b | HK$389.4b | HK$91.4b | 6.4x | 3.1x | 0.7x |
| Tue, 19 Dec 2023 | HK$303.0b | HK$387.6b | HK$91.0b | 6.6x | 3.3x | 0.8x |
| Thu, 16 Nov 2023 | HK$275.0b | HK$382.0b | HK$90.4b | 5.8x | 3x | 0.7x |
| Sat, 14 Oct 2023 | HK$273.0b | HK$448.3b | HK$119.2b | 6.1x | 2.3x | 0.6x |
| Mon, 11 Sep 2023 | HK$280.9b | HK$447.7b | HK$119.1b | 6.1x | 2.4x | 0.6x |
| Wed, 09 Aug 2023 | HK$310.6b | HK$577.3b | HK$192.5b | 6.2x | 1.6x | 0.5x |
| Fri, 07 Jul 2023 | HK$295.0b | HK$580.9b | HK$195.2b | 6.2x | 1.5x | 0.5x |
| Sun, 04 Jun 2023 | HK$289.6b | HK$590.7b | HK$198.1b | 4.1x | 1.5x | 0.5x |
| Tue, 02 May 2023 | HK$355.0b | HK$601.1b | HK$200.9b | 4x | 1.8x | 0.6x |
| Thu, 30 Mar 2023 | HK$358.8b | HK$700.5b | HK$235.3b | 4x | 1.5x | 0.5x |
| Sat, 25 Feb 2023 | HK$336.5b | HK$700.2b | HK$233.6b | 3.1x | 1.4x | 0.5x |
| Mon, 23 Jan 2023 | HK$331.1b | HK$711.6b | HK$239.6b | 2.5x | 1.4x | 0.5x |
| Wed, 21 Dec 2022 | HK$342.1b | HK$695.0b | HK$234.7b | 2.8x | 1.5x | 0.5x |
| Fri, 18 Nov 2022 | HK$343.1b | HK$690.8b | HK$233.8b | 2.1x | 1.5x | 0.5x |
| Sun, 16 Oct 2022 | HK$334.3b | HK$671.4b | HK$230.5b | 2.1x | 1.5x | 0.5x |
| Tue, 13 Sep 2022 | HK$386.0b | HK$688.3b | HK$235.4b | 2.4x | 1.6x | 0.6x |
| Thu, 11 Aug 2022 | HK$499.9b | HK$624.1b | HK$193.2b | 4.5x | 2.6x | 0.8x |
| Sat, 09 Jul 2022 | HK$489.3b | HK$622.8b | HK$191.7b | 3.7x | 2.6x | 0.8x |
| Mon, 06 Jun 2022 | HK$556.3b | HK$625.2b | HK$192.3b | 4.7x | 2.9x | 0.9x |
| Wed, 04 May 2022 | HK$502.8b | HK$628.8b | HK$193.3b | 4.3x | 2.6x | 0.8x |
| Fri, 01 Apr 2022 | HK$525.3b | HK$595.2b | HK$182.7b | 4.6x | 2.9x | 0.9x |
| Sun, 27 Feb 2022 | HK$547.3b | HK$489.4b | HK$132.1b | 5.1x | 4.1x | 1.1x |
| Tue, 25 Jan 2022 | HK$527.6b | HK$478.7b | HK$126.2b | 11.3x | 4.2x | 1.1x |
| Thu, 23 Dec 2021 | HK$545.6b | HK$477.8b | HK$126.0b | 10.3x | 4.3x | 1.1x |
| Sat, 20 Nov 2021 | HK$443.6b | HK$476.6b | HK$125.5b | 8.4x | 3.5x | 0.9x |
| Mon, 18 Oct 2021 | HK$423.2b | HK$414.3b | HK$91.0b | 9.4x | 4.6x | 1x |
| Wed, 15 Sep 2021 | HK$593.3b | HK$412.6b | HK$90.7b | 11.8x | 6.5x | 1.4x |
| Fri, 13 Aug 2021 | HK$595.2b | HK$412.6b | HK$90.7b | 10.7x | 6.6x | 1.4x |
Price to Earnings Ratio
6.6x
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 8.8x which is higher than its 3-year average PE of 3.6x.
- The 3-year average PS ratio of 0.83x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Shipping industry have declined 23% per year over the last three years,
- Revenues have also declined 9.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -2.82% | |
| Industrials | -1.75% | |
| Marine and Shipping | -2.09% | |
| Marine | -2.09% | |
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 | |
|---|---|---|---|---|---|
| 1308 SITC International Holdings | HK$17.02 | 0.6% +HK$268.3m | 2.0% | PE11x | |
| 1748 Xin Yuan Enterprises Group | HK$4.20 | 5.0% +HK$88.0m | 86.7% | PE27.9x | |
| 351 Asia Energy Logistics Group | HK$0.14 | 15.8% +HK$37.9m | -9.7% | PE21.9x | |
| 3683 Great Harvest Maeta Holdings | HK$0.14 | 11.5% +HK$13.3m | -15.5% | PS1.2x | |
| 1145 Courage Investment Group | HK$0.09 | 8.4% +HK$7.7m | 25.0% | PS1.5x |
