Hong Kong (HSI) HR Services Industry Analysis

Industry Valuation and Performance

Has the Hong Kong HR Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 21 Feb 2025	HK$9.0b	HK$12.4b	HK$105.5m	6.3x	85.3x	0.7x
Sun, 19 Jan 2025	HK$8.3b	HK$12.3b	HK$105.5m	6.6x	78.9x	0.7x
Tue, 17 Dec 2024	HK$10.5b	HK$12.3b	HK$105.4m	6.5x	99.6x	0.9x
Thu, 14 Nov 2024	HK$12.3b	HK$12.4b	HK$106.8m	6.8x	114.7x	1x
Sat, 12 Oct 2024	HK$9.4b	HK$12.7b	HK$127.3m	7x	73.5x	0.7x
Mon, 09 Sep 2024	HK$8.2b	HK$12.7b	HK$127.1m	6.9x	64.1x	0.6x
Wed, 07 Aug 2024	HK$8.1b	HK$11.6b	HK$162.2m	7.2x	49.7x	0.7x
Fri, 05 Jul 2024	HK$8.3b	HK$11.4b	HK$159.4m	7.4x	52x	0.7x
Sun, 02 Jun 2024	HK$8.3b	HK$11.5b	HK$160.4m	8.3x	51.7x	0.7x
Tue, 30 Apr 2024	HK$6.9b	HK$11.5b	HK$160.6m	7.4x	42.8x	0.6x
Thu, 28 Mar 2024	HK$6.6b	HK$10.4b	HK$156.2m	13.8x	42.3x	0.6x
Sat, 24 Feb 2024	HK$5.9b	HK$10.5b	HK$163.4m	9.5x	36.1x	0.6x
Mon, 22 Jan 2024	HK$5.6b	HK$10.5b	HK$164.3m	9.5x	33.9x	0.5x
Wed, 20 Dec 2023	HK$5.3b	HK$10.5b	HK$164.2m	8.6x	32.2x	0.5x
Fri, 17 Nov 2023	HK$5.2b	HK$10.3b	HK$161.6m	9.5x	32.1x	0.5x
Sun, 15 Oct 2023	HK$5.0b	HK$10.3b	HK$159.8m	14.9x	31.2x	0.5x
Tue, 12 Sep 2023	HK$4.3b	HK$10.4b	HK$160.2m	16x	26.8x	0.4x
Thu, 10 Aug 2023	HK$4.7b	HK$9.9b	HK$132.1m	7.8x	35.9x	0.5x
Sat, 08 Jul 2023	HK$3.9b	HK$9.9b	HK$133.5m	8.9x	28.9x	0.4x
Mon, 05 Jun 2023	HK$5.1b	HK$10.0b	HK$134.3m	8.9x	37.8x	0.5x
Wed, 03 May 2023	HK$5.3b	HK$10.3b	HK$134.6m	8.1x	39.1x	0.5x
Fri, 31 Mar 2023	HK$5.6b	HK$10.2b	HK$153.6m	7.3x	36.2x	0.5x
Sun, 26 Feb 2023	HK$4.8b	HK$10.7b	HK$173.9m	9.7x	27.9x	0.5x
Tue, 24 Jan 2023	HK$4.9b	HK$11.0b	HK$177.4m	9x	27.7x	0.4x
Thu, 22 Dec 2022	HK$4.9b	HK$10.6b	HK$172.3m	9.7x	28.5x	0.5x
Sat, 19 Nov 2022	HK$5.3b	HK$10.4b	HK$166.9m	11.4x	31.7x	0.5x
Mon, 17 Oct 2022	HK$5.4b	HK$10.4b	HK$169.3m	11.5x	31.6x	0.5x
Wed, 14 Sep 2022	HK$5.5b	HK$10.7b	HK$175.2m	12.2x	31.1x	0.5x
Fri, 12 Aug 2022	HK$5.6b	HK$10.9b	HK$297.9m	6.7x	18.8x	0.5x
Sun, 10 Jul 2022	HK$5.9b	HK$11.0b	HK$300.2m	7.8x	19.8x	0.5x
Tue, 07 Jun 2022	HK$5.7b	HK$11.1b	HK$300.9m	8.6x	18.9x	0.5x
Thu, 05 May 2022	HK$5.8b	HK$11.1b	HK$295.7m	9.7x	19.7x	0.5x
Sat, 02 Apr 2022	HK$6.2b	HK$11.5b	HK$307.2m	10x	20.2x	0.5x
Mon, 28 Feb 2022	HK$6.4b	HK$9.6b	HK$427.3m	11.6x	14.9x	0.7x

Current Industry PE

Investors are optimistic on the Hong Kong Human Resource and Employment Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 85.7x which is higher than its 3-year average PE of 41.5x.

The industry is trading close to its 3-year average PS ratio of 0.58x.

Past Earnings Growth

The earnings for companies in the Human Resource and Employment Services industry have declined 37% per year over the last three years.
Meanwhile revenues for these companies have grown 8.6% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Hong Kong HR Services compare with similar industries?


HK Market	3.24%
Industrials	1.03%
Professional Services	2.87%
HR Services	1.22%
Research and Consulting Services	-0.028%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Company	Last Price	7D	1Y	Valuation
6919 Renrui Human Resources Technology Holdings	HK$4.00	2.8% +HK$16.5m	-16.1%	PE10.6x
8031 ETS Group	HK$0.21	0.5% +HK$295.6k	7.0%	PS0.8x
8293 SingAsia Holdings	HK$0.053	1.9% +HK$215.0k	-57.9%	PS0.2x

Company

Last Price

Valuation

6919 Renrui Human Resources Technology Holdings

HK$4.00

2.8%
+HK$16.5m

-16.1%

PE10.6x

8031 ETS Group

HK$0.21

0.5%
+HK$295.6k

7.0%