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Hong Kong (HSI) Trade Distributors Industry Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies56
- 7D0.6%
- 3M-4.9%
- 1Y-11.1%
- YTD-13.2%
Over the last 7 days, the Trade Distributors industry has dropped 1.5%, driven by BOC Aviation declining 4.1%. On the other hand Horizon Construction Development is actually up 8.3%. The industry has fallen 11% in the last year. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Hong Kong Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 04 Oct 2023 | HK$150.7b | HK$468.8b | HK$6.0b | 7.6x | 24.9x | 0.3x |
| Fri, 01 Sep 2023 | HK$149.1b | HK$459.1b | HK$6.0b | 8.5x | 24.9x | 0.3x |
| Sun, 30 Jul 2023 | HK$159.0b | HK$457.1b | HK$3.5b | 9.5x | 45.6x | 0.3x |
| Tue, 27 Jun 2023 | HK$153.7b | HK$455.9b | HK$3.3b | 8.9x | 46x | 0.3x |
| Thu, 25 May 2023 | HK$164.0b | HK$462.6b | HK$3.4b | 8.4x | 48.7x | 0.4x |
| Sat, 22 Apr 2023 | HK$152.4b | HK$463.5b | HK$3.7b | 9.5x | 40.9x | 0.3x |
| Mon, 20 Mar 2023 | HK$151.0b | HK$455.3b | HK$4.8b | 8x | 31.1x | 0.3x |
| Wed, 15 Feb 2023 | HK$161.5b | HK$457.7b | HK$4.5b | 7.7x | 35.6x | 0.4x |
| Fri, 13 Jan 2023 | HK$163.6b | HK$459.1b | HK$4.6b | 8.9x | 35.7x | 0.4x |
| Sun, 11 Dec 2022 | HK$154.5b | HK$404.8b | HK$1.1b | 9.6x | 136.9x | 0.4x |
| Tue, 08 Nov 2022 | HK$149.5b | HK$397.9b | HK$1.8b | 7.7x | 82.2x | 0.4x |
| Thu, 06 Oct 2022 | HK$152.4b | HK$406.1b | HK$3.5b | 8x | 43.3x | 0.4x |
| Sat, 03 Sep 2022 | HK$168.7b | HK$415.3b | HK$4.7b | 7.3x | 35.9x | 0.4x |
| Mon, 01 Aug 2022 | HK$151.3b | HK$340.9b | HK$9.4b | 6.2x | 16x | 0.4x |
| Wed, 29 Jun 2022 | HK$159.8b | HK$341.1b | HK$9.7b | 9.3x | 16.5x | 0.5x |
| Fri, 27 May 2022 | HK$160.1b | HK$335.1b | HK$9.0b | 9.8x | 17.8x | 0.5x |
| Sun, 24 Apr 2022 | HK$159.8b | HK$339.1b | HK$8.7b | 9.5x | 18.4x | 0.5x |
| Tue, 22 Mar 2022 | HK$148.6b | HK$302.2b | HK$11.9b | 9.4x | 12.5x | 0.5x |
| Thu, 17 Feb 2022 | HK$162.6b | HK$302.1b | HK$12.2b | 12.4x | 13.3x | 0.5x |
| Sat, 15 Jan 2022 | HK$155.0b | HK$301.3b | HK$12.2b | 11.1x | 12.7x | 0.5x |
| Mon, 13 Dec 2021 | HK$148.7b | HK$300.4b | HK$12.2b | 10.2x | 12.2x | 0.5x |
| Wed, 10 Nov 2021 | HK$153.9b | HK$300.0b | HK$12.1b | 13x | 12.7x | 0.5x |
| Fri, 08 Oct 2021 | HK$159.6b | HK$290.5b | HK$11.1b | 12.8x | 14.4x | 0.5x |
| Sun, 05 Sep 2021 | HK$162.6b | HK$296.4b | HK$10.9b | 11x | 14.9x | 0.5x |
| Tue, 03 Aug 2021 | HK$161.9b | HK$296.4b | HK$10.9b | 10.6x | 14.8x | 0.5x |
| Fri, 07 May 2021 | HK$155.4b | HK$266.1b | HK$9.1b | 13x | 17.1x | 0.6x |
| Mon, 08 Feb 2021 | HK$137.0b | HK$245.7b | HK$6.0b | 11x | 23x | 0.6x |
| Sun, 01 Nov 2020 | HK$111.8b | HK$235.4b | HK$5.9b | 8.8x | 19.1x | 0.5x |
Price to Earnings Ratio
20x
Current Industry PE
- Investors are pessimistic on the Hong Kong Trade Distributors 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 24.9x which is lower than its 3-year average PE of 28.9x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 26% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -1.58% | |
| Industrials | -1.84% | |
| Trade Distributors | 0.64% | |
| Trade Companies and Distributors | 0.64% | |
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 | |
|---|---|---|---|---|---|
| 1196 Realord Group Holdings | HK$5.85 | 8.3% +HK$648.3m | -40.2% | PE75.1x | |
| 9930 Horizon Construction Development | HK$4.24 | 4.7% +HK$607.5m | n/a | PE17x | |
| 2098 Zall Smart Commerce Group | HK$0.33 | 4.8% +HK$186.0m | -20.7% | PS0.03x | |
| 2322 Hong Kong ChaoShang Group | HK$0.80 | 3.9% +HK$123.6m | -4.8% | PS16.6x | |
| 1660 Zhaobangji Properties Holdings | HK$0.21 | 8.8% +HK$105.3m | -51.7% | PS5x |
