Omnibridge Holdings' (HKG:8462) Solid Earnings Have Been Accounted For Conservatively
Apr 21
Hong Kong (HSI) Professional Services Industry Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies18
- 7D2.9%
- 3M16.4%
- 1Y11.9%
- YTD25.8%
The Professional Services industry is up 2.9% in the last week, with Jinhai Medical Technology up 8.6%. This means that the industry has gained 12% over the past year.
Industry Valuation and Performance
Has the Hong Kong Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 May 2024 | HK$14.8b | HK$13.7b | HK$48.8m | 7.9x | 302.6x | 1.1x |
| Fri, 29 Mar 2024 | HK$13.7b | HK$13.3b | HK$240.5m | 10.9x | 57x | 1x |
| Sun, 25 Feb 2024 | HK$13.7b | HK$13.0b | HK$217.5m | 9.5x | 63x | 1.1x |
| Tue, 23 Jan 2024 | HK$11.5b | HK$13.0b | HK$209.8m | 9.5x | 54.7x | 0.9x |
| Thu, 21 Dec 2023 | HK$11.5b | HK$13.1b | HK$211.1m | 9.5x | 54.7x | 0.9x |
| Sat, 18 Nov 2023 | HK$11.9b | HK$13.0b | HK$207.0m | 9.5x | 57.3x | 0.9x |
| Mon, 16 Oct 2023 | HK$12.0b | HK$12.9b | HK$210.0m | 16.6x | 57.2x | 0.9x |
| Wed, 13 Sep 2023 | HK$11.4b | HK$12.5b | HK$175.3m | 16.2x | 65x | 0.9x |
| Fri, 11 Aug 2023 | HK$12.3b | HK$12.1b | HK$116.6m | 16.4x | 105.6x | 1x |
| Sun, 09 Jul 2023 | HK$10.6b | HK$12.0b | HK$117.7m | 15x | 90.2x | 0.9x |
| Tue, 06 Jun 2023 | HK$11.6b | HK$12.2b | HK$102.8m | 13.4x | 112.7x | 0.9x |
| Thu, 04 May 2023 | HK$12.4b | HK$12.9b | HK$137.8m | 13.8x | 90.3x | 1x |
| Sat, 01 Apr 2023 | HK$13.1b | HK$13.0b | HK$104.2m | 11.1x | 125.9x | 1x |
| Mon, 27 Feb 2023 | HK$7.8b | HK$12.5b | HK$2.9m | 35.8x | 2640.5x | 0.6x |
| Wed, 25 Jan 2023 | HK$7.8b | HK$12.7b | HK$8.2m | 36.8x | 955.5x | 0.6x |
| Fri, 23 Dec 2022 | HK$8.0b | HK$12.4b | HK$4.9m | 37x | 1630.2x | 0.6x |
| Sun, 20 Nov 2022 | HK$7.7b | HK$12.2b | -HK$2,295,686.00 | 32.8x | -3370.8x | 0.6x |
| Tue, 18 Oct 2022 | HK$7.7b | HK$12.1b | HK$11.9m | 54.2x | 650.2x | 0.6x |
| Thu, 15 Sep 2022 | HK$8.3b | HK$12.5b | HK$17.0m | 63.1x | 492.1x | 0.7x |
| Sat, 13 Aug 2022 | HK$9.1b | HK$12.8b | HK$216.7m | 7.6x | 42x | 0.7x |
| Mon, 11 Jul 2022 | HK$9.7b | HK$12.9b | HK$224.0m | 7.8x | 43.4x | 0.8x |
| Wed, 08 Jun 2022 | HK$7.7b | HK$12.7b | HK$146.0m | 8.6x | 52.8x | 0.6x |
| Fri, 06 May 2022 | HK$7.9b | HK$12.7b | HK$144.7m | 8.8x | 54.3x | 0.6x |
| Sun, 03 Apr 2022 | HK$8.7b | HK$13.0b | HK$174.2m | 10.5x | 50x | 0.7x |
| Tue, 01 Mar 2022 | HK$8.0b | HK$11.2b | HK$242.3m | 15x | 33x | 0.7x |
| Thu, 27 Jan 2022 | HK$7.9b | HK$11.2b | HK$240.4m | 18.9x | 33.1x | 0.7x |
| Sat, 25 Dec 2021 | HK$8.0b | HK$11.1b | HK$238.4m | 19.3x | 33.7x | 0.7x |
| Mon, 22 Nov 2021 | HK$8.0b | HK$11.1b | HK$237.9m | 20.1x | 33.8x | 0.7x |
| Wed, 20 Oct 2021 | HK$8.3b | HK$11.1b | -HK$626,453,889.00 | 22.5x | -13.2x | 0.7x |
| Fri, 17 Sep 2021 | HK$8.2b | HK$11.1b | -HK$626,509,945.00 | 19x | -13x | 0.7x |
| Sun, 15 Aug 2021 | HK$8.6b | HK$11.0b | -HK$628,977,545.30 | 18.9x | -13.7x | 0.8x |
| Thu, 10 Jun 2021 | HK$9.8b | HK$10.1b | -HK$637,618,399.22 | 23.4x | -15.4x | 1x |
Price to Earnings Ratio
-16.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 303x which is lower than its 3-year average PE of 572x.
- The 3-year average PS ratio of 0.81x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- Total earnings for the Professional Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 11% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 4.32% | |
| Industrials | 3.11% | |
| Professional Services | 2.93% | |
| HR Services | 5.97% | |
| Research and Consulting Services | -1.49% | |
Industry PE
- Investors are most optimistic about the HR Services industry which is trading above its 3-year average PE ratio of 20.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2225 Jinhai Medical Technology | HK$4.40 | 8.6% +HK$452.4m | 87.2% | PS21.8x | |
| 2250 B.Duck Semk Holdings International | HK$1.17 | 0.9% +HK$9.8m | -18.8% | PS8.5x | |
| 8462 Omnibridge Holdings | HK$0.072 | 10.8% +HK$4.2m | 44.0% | PE4.1x | |
| 8031 ETS Group | HK$0.17 | 2.4% +HK$1.2m | -66.2% | PS0.6x | |
| 8293 SingAsia Holdings | HK$0.15 | 11.9% +HK$1.2m | -75.0% | PS0.1x |
