These 4 Measures Indicate That COSCO SHIPPING Development (HKG:2866) Is Using Debt In A Risky Way
Dec 17
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Hong Kong (HSI) Trade Distributors Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies52
- 7D-1.7%
- 3M0.3%
- 1Y-11.0%
- YTD-12.0%
Over the last 7 days, the Trade Distributors industry has dropped 2.3%, driven by BOC Aviation declining 3.1%. The industry has fallen 11% in the last year. Earnings are forecast to grow by 14% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | HK$133.3b | HK$496.6b | HK$9.2b | 11.3x | 14.4x | 0.3x |
| Mon, 18 Nov 2024 | HK$139.7b | HK$499.9b | HK$9.9b | 10.6x | 14.1x | 0.3x |
| Wed, 16 Oct 2024 | HK$135.9b | HK$499.9b | HK$9.2b | 10.5x | 14.7x | 0.3x |
| Fri, 13 Sep 2024 | HK$130.0b | HK$501.0b | HK$9.2b | 9x | 14.2x | 0.3x |
| Sun, 11 Aug 2024 | HK$144.4b | HK$490.6b | HK$9.9b | 9x | 14.6x | 0.3x |
| Tue, 09 Jul 2024 | HK$142.6b | HK$486.3b | HK$9.8b | 13.4x | 14.5x | 0.3x |
| Thu, 06 Jun 2024 | HK$148.9b | HK$490.0b | HK$10.6b | 12.5x | 14.1x | 0.3x |
| Sat, 04 May 2024 | HK$150.4b | HK$442.7b | HK$10.7b | 11.3x | 14.1x | 0.3x |
| Mon, 01 Apr 2024 | HK$147.6b | HK$442.9b | HK$10.6b | 12.5x | 13.9x | 0.3x |
| Wed, 28 Feb 2024 | HK$144.2b | HK$420.1b | HK$6.3b | 8.6x | 23.1x | 0.3x |
| Fri, 26 Jan 2024 | HK$149.9b | HK$472.4b | HK$5.8b | 8.9x | 25.9x | 0.3x |
| Sun, 24 Dec 2023 | HK$157.4b | HK$473.6b | HK$5.8b | 8.6x | 27.2x | 0.3x |
| Tue, 21 Nov 2023 | HK$149.1b | HK$470.5b | HK$5.0b | 7.7x | 29.9x | 0.3x |
| Thu, 19 Oct 2023 | HK$145.7b | HK$468.1b | HK$6.0b | 8x | 24.1x | 0.3x |
| Sat, 16 Sep 2023 | HK$151.6b | HK$469.4b | HK$6.3b | 8.3x | 24x | 0.3x |
| Mon, 14 Aug 2023 | HK$152.2b | HK$450.6b | HK$2.8b | 9.6x | 55.3x | 0.3x |
| Wed, 12 Jul 2023 | HK$155.0b | HK$457.6b | HK$4.0b | 8.9x | 38.8x | 0.3x |
| Fri, 09 Jun 2023 | HK$157.9b | HK$459.4b | HK$3.3b | 8.1x | 47.6x | 0.3x |
| Sun, 07 May 2023 | HK$149.9b | HK$459.7b | HK$2.6b | 9.1x | 57.3x | 0.3x |
| Tue, 04 Apr 2023 | HK$149.4b | HK$458.6b | HK$5.7b | 9.5x | 26.1x | 0.3x |
| Thu, 02 Mar 2023 | HK$151.8b | HK$456.2b | HK$4.7b | 8.2x | 32x | 0.3x |
| Sat, 28 Jan 2023 | HK$173.6b | HK$458.6b | HK$4.6b | 8.6x | 37.9x | 0.4x |
| Mon, 26 Dec 2022 | HK$154.7b | HK$404.3b | HK$1.1b | 9.5x | 138.1x | 0.4x |
| Wed, 23 Nov 2022 | HK$150.5b | HK$397.1b | HK$1.8b | 7.5x | 83.8x | 0.4x |
| Fri, 21 Oct 2022 | HK$149.8b | HK$402.8b | HK$3.5b | 8.1x | 42.8x | 0.4x |
| Sun, 18 Sep 2022 | HK$162.5b | HK$410.6b | HK$4.0b | 7.5x | 41.1x | 0.4x |
| Tue, 16 Aug 2022 | HK$147.7b | HK$340.5b | HK$9.4b | 6.2x | 15.7x | 0.4x |
| Thu, 14 Jul 2022 | HK$155.0b | HK$339.9b | HK$9.0b | 6.2x | 17.2x | 0.5x |
| Sat, 11 Jun 2022 | HK$159.8b | HK$339.7b | HK$9.2b | 9.8x | 17.3x | 0.5x |
| Mon, 09 May 2022 | HK$157.2b | HK$334.7b | HK$9.2b | 9.6x | 17.1x | 0.5x |
| Wed, 06 Apr 2022 | HK$162.1b | HK$343.1b | HK$8.8b | 9.7x | 18.5x | 0.5x |
| Fri, 04 Mar 2022 | HK$164.0b | HK$302.6b | HK$10.8b | 13.2x | 15.3x | 0.5x |
| Sun, 30 Jan 2022 | HK$150.5b | HK$301.2b | HK$12.2b | 11.2x | 12.4x | 0.5x |
| Tue, 28 Dec 2021 | HK$150.1b | HK$300.5b | HK$12.2b | 11.2x | 12.3x | 0.5x |
Price to Earnings Ratio
12.3x
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 14.6x which is lower than its 3-year average PE of 29.0x.
- The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have declined 9.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -0.53% | |
| Industrials | -1.83% | |
| Trade Distributors | -1.72% | |
| Trade Companies and Distributors | -1.72% | |
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 | |
|---|---|---|---|---|---|
| 2866 COSCO SHIPPING Development | HK$1.01 | 1.0% +HK$134.8m | 27.8% | PE8.1x | |
| 2499 Folangsi | HK$8.62 | 4.1% +HK$118.3m | -41.4% | PE44.9x | |
| 8310 Dafeng Port Heshun Technology | HK$0.42 | 23.5% +HK$103.0m | 5.0% | PE7.6x | |
| 2302 CNNC International | HK$1.64 | 9.3% +HK$68.5m | -1.8% | PE8.9x | |
| 9878 Huitongda Network | HK$17.18 | 0.7% +HK$66.5m | -38.9% | PE27.2x |
