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Jul 02
Hong Kong (HSI) Marine and Shipping Industry Analysis
UpdatedJul 03, 2024
DataAggregated Company Financials
Companies15
- 7D1.5%
- 3M55.0%
- 1Y54.2%
- YTD57.1%
Over the last 7 days, the Marine and Shipping industry has risen 1.5%, driven by gains from COSCO SHIPPING Holdings of 2.1%. In the last 12 months, the industry was up 54%. In the next few years, earnings are forecast to decline by 4.8% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 03 Jul 2024 | HK$437.8b | HK$299.6b | HK$41.1b | 14.7x | 10.6x | 1.5x |
| Fri, 31 May 2024 | HK$419.8b | HK$300.6b | HK$41.1b | 14.1x | 10.2x | 1.4x |
| Sun, 28 Apr 2024 | HK$327.7b | HK$299.7b | HK$41.5b | 12.9x | 7.9x | 1.1x |
| Tue, 26 Mar 2024 | HK$286.2b | HK$338.9b | HK$53.2b | 9.1x | 5.4x | 0.8x |
| Thu, 22 Feb 2024 | HK$304.7b | HK$387.0b | HK$91.0b | 6.3x | 3.3x | 0.8x |
| Sat, 20 Jan 2024 | HK$286.1b | HK$389.4b | HK$91.4b | 6.4x | 3.1x | 0.7x |
| Mon, 18 Dec 2023 | HK$284.6b | HK$388.5b | HK$91.2b | 6.6x | 3.1x | 0.7x |
| Wed, 15 Nov 2023 | HK$271.3b | HK$380.6b | HK$90.2b | 5.8x | 3x | 0.7x |
| Fri, 13 Oct 2023 | HK$275.2b | HK$448.4b | HK$119.2b | 6x | 2.3x | 0.6x |
| Sun, 10 Sep 2023 | HK$280.9b | HK$447.7b | HK$119.1b | 6.1x | 2.4x | 0.6x |
| Tue, 08 Aug 2023 | HK$309.6b | HK$578.4b | HK$192.7b | 6.4x | 1.6x | 0.5x |
| Thu, 06 Jul 2023 | HK$303.0b | HK$581.4b | HK$195.4b | 6.2x | 1.6x | 0.5x |
| Sat, 03 Jun 2023 | HK$289.1b | HK$591.9b | HK$198.5b | 4.1x | 1.5x | 0.5x |
| Mon, 01 May 2023 | HK$355.0b | HK$601.0b | HK$200.9b | 4x | 1.8x | 0.6x |
| Wed, 29 Mar 2023 | HK$358.1b | HK$700.7b | HK$235.3b | 5x | 1.5x | 0.5x |
| Fri, 24 Feb 2023 | HK$333.9b | HK$705.3b | HK$237.9b | 2.5x | 1.4x | 0.5x |
| Sun, 22 Jan 2023 | HK$331.1b | HK$711.6b | HK$239.6b | 2.5x | 1.4x | 0.5x |
| Tue, 20 Dec 2022 | HK$339.3b | HK$694.2b | HK$234.5b | 2.8x | 1.4x | 0.5x |
| Thu, 17 Nov 2022 | HK$348.3b | HK$693.5b | HK$234.6b | 2.1x | 1.5x | 0.5x |
| Sat, 15 Oct 2022 | HK$334.7b | HK$672.6b | HK$230.8b | 2.1x | 1.5x | 0.5x |
| Mon, 12 Sep 2022 | HK$386.0b | HK$688.3b | HK$235.4b | 2.4x | 1.6x | 0.6x |
| Wed, 10 Aug 2022 | HK$502.4b | HK$624.2b | HK$193.2b | 4.5x | 2.6x | 0.8x |
| Fri, 08 Jul 2022 | HK$482.7b | HK$622.2b | HK$191.5b | 3.8x | 2.5x | 0.8x |
| Sun, 05 Jun 2022 | HK$556.3b | HK$625.2b | HK$192.3b | 4.7x | 2.9x | 0.9x |
| Tue, 03 May 2022 | HK$497.3b | HK$628.7b | HK$193.3b | 4.3x | 2.6x | 0.8x |
| Thu, 31 Mar 2022 | HK$534.9b | HK$594.2b | HK$182.4b | 4.5x | 2.9x | 0.9x |
| Sat, 26 Feb 2022 | HK$544.0b | HK$481.3b | HK$126.9b | 9.9x | 4.3x | 1.1x |
| Mon, 24 Jan 2022 | HK$535.6b | HK$478.7b | HK$126.2b | 11.6x | 4.2x | 1.1x |
| Wed, 22 Dec 2021 | HK$562.7b | HK$477.7b | HK$125.9b | 10.8x | 4.5x | 1.2x |
| Fri, 19 Nov 2021 | HK$443.6b | HK$476.6b | HK$125.5b | 8.4x | 3.5x | 0.9x |
| Sun, 17 Oct 2021 | HK$423.2b | HK$414.3b | HK$91.0b | 9.4x | 4.6x | 1x |
| Tue, 14 Sep 2021 | HK$599.8b | HK$412.6b | HK$90.7b | 11.7x | 6.6x | 1.5x |
| Thu, 12 Aug 2021 | HK$598.2b | HK$412.6b | HK$90.7b | 10.6x | 6.6x | 1.4x |
Price to Earnings Ratio
6.9x
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 10.6x which is higher than its 3-year average PE of 3.4x.
- The 3-year average PS ratio of 0.82x is lower than the industry's current PS ratio of 1.5x.
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 10% 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 | -0.59% | |
| Industrials | -0.68% | |
| Marine and Shipping | 1.50% | |
| Marine | 1.50% | |
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$14.28 | 2.1% +HK$4.8b | 85.5% | PE9x | |
| 316 Orient Overseas (International) | HK$132.60 | 3.0% +HK$2.6b | 14.9% | PE8.2x | |
| 2343 Pacific Basin Shipping | HK$2.56 | 1.6% +HK$208.2m | 4.1% | PE15.6x | |
| 137 Jinhui Holdings | HK$0.74 | 10.4% +HK$37.1m | -10.8% | PS0.6x | |
| 1748 Xin Yuan Enterprises Group | HK$4.03 | 1.3% +HK$22.0m | 92.8% | PE26.7x |