Analysis Article • May 31
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Hong Kong (HSI) Trade Distributors Industry Analysis
UpdatedJun 09, 2026
DataAggregated Company Financials
Companies52
- 7D-5.9%
- 3M-12.8%
- 1Y0.2%
- YTD-9.3%
Over the last 7 days, the Trade Distributors industry has dropped 5.9%, driven by a pullback from JINGDONG Industrials of 11%. Meanwhile, Smart Digital Technology Group actually outperformed within the industry, gaining 38% in the last week. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Tue, 09 Jun 2026 | HK$179.3b | HK$495.4b | HK$13.5b | 11x | 13.3x | 0.4x |
| Thu, 07 May 2026 | HK$195.0b | HK$493.3b | HK$13.3b | 11.2x | 14.7x | 0.4x |
| Sat, 04 Apr 2026 | HK$194.1b | HK$489.5b | HK$13.3b | 10.9x | 14.5x | 0.4x |
| Mon, 02 Mar 2026 | HK$207.5b | HK$523.4b | HK$12.5b | 12x | 16.6x | 0.4x |
| Wed, 28 Jan 2026 | HK$203.0b | HK$517.0b | HK$10.2b | 12.5x | 19.9x | 0.4x |
| Fri, 26 Dec 2025 | HK$189.4b | HK$512.7b | HK$10.2b | 11.2x | 18.6x | 0.4x |
| Sun, 23 Nov 2025 | HK$149.5b | HK$484.5b | HK$9.1b | 11x | 16.5x | 0.3x |
| Tue, 21 Oct 2025 | HK$154.1b | HK$484.1b | HK$9.1b | 12.6x | 16.9x | 0.3x |
| Thu, 18 Sep 2025 | HK$156.3b | HK$485.4b | HK$8.0b | 10.9x | 19.6x | 0.3x |
| Sat, 16 Aug 2025 | HK$157.7b | HK$484.5b | HK$9.8b | 13.6x | 16.1x | 0.3x |
| Mon, 14 Jul 2025 | HK$146.9b | HK$487.2b | HK$9.9b | 11.6x | 14.9x | 0.3x |
| Wed, 11 Jun 2025 | HK$137.1b | HK$487.0b | HK$9.3b | 11.4x | 14.8x | 0.3x |
| Fri, 09 May 2025 | HK$125.9b | HK$481.4b | HK$9.1b | 11.2x | 13.8x | 0.3x |
| Sun, 06 Apr 2025 | HK$135.5b | HK$479.0b | HK$9.1b | 12.2x | 15x | 0.3x |
| Tue, 04 Mar 2025 | HK$129.3b | HK$496.1b | HK$8.4b | 10.6x | 15.4x | 0.3x |
| Thu, 30 Jan 2025 | HK$129.0b | HK$499.4b | HK$9.3b | 9.7x | 13.9x | 0.3x |
| Sat, 28 Dec 2024 | HK$134.8b | HK$496.2b | HK$9.2b | 11.2x | 14.6x | 0.3x |
| Mon, 25 Nov 2024 | HK$136.4b | HK$499.2b | HK$9.9b | 10.4x | 13.8x | 0.3x |
| Wed, 23 Oct 2024 | HK$137.6b | HK$499.9b | HK$9.5b | 11.8x | 14.5x | 0.3x |
| Fri, 20 Sep 2024 | HK$132.8b | HK$503.1b | HK$9.2b | 9x | 14.5x | 0.3x |
| Sun, 18 Aug 2024 | HK$138.3b | HK$490.9b | HK$11.4b | 8.4x | 12.1x | 0.3x |
| Tue, 16 Jul 2024 | HK$145.3b | HK$486.4b | HK$9.8b | 10.9x | 14.8x | 0.3x |
| Thu, 13 Jun 2024 | HK$146.4b | HK$489.8b | HK$10.6b | 12.4x | 13.8x | 0.3x |
| Sat, 11 May 2024 | HK$155.1b | HK$443.2b | HK$10.7b | 11.3x | 14.5x | 0.3x |
| Mon, 08 Apr 2024 | HK$149.3b | HK$442.5b | HK$10.6b | 12x | 14x | 0.3x |
| Wed, 06 Mar 2024 | HK$141.1b | HK$420.0b | HK$5.9b | 8.2x | 24.1x | 0.3x |
| Fri, 02 Feb 2024 | HK$146.5b | HK$472.1b | HK$5.8b | 8.9x | 25.3x | 0.3x |
| Sun, 31 Dec 2023 | HK$158.7b | HK$474.9b | HK$5.8b | 8.9x | 27.5x | 0.3x |
| Tue, 28 Nov 2023 | HK$151.7b | HK$471.1b | HK$5.0b | 7.9x | 30.5x | 0.3x |
| Thu, 26 Oct 2023 | HK$145.3b | HK$467.7b | HK$6.0b | 7.9x | 24.1x | 0.3x |
| Sat, 23 Sep 2023 | HK$152.8b | HK$468.2b | HK$6.3b | 8.2x | 24.2x | 0.3x |
| Mon, 21 Aug 2023 | HK$149.2b | HK$449.8b | HK$7.2b | 8.8x | 20.6x | 0.3x |
| Wed, 19 Jul 2023 | HK$157.3b | HK$458.0b | HK$4.0b | 9.5x | 39.4x | 0.3x |
| Fri, 16 Jun 2023 | HK$159.3b | HK$457.4b | HK$3.3b | 8.2x | 48.1x | 0.3x |
Price to Earnings Ratio
48.1x
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 13.3x which is lower than its 3-year average PE of 19.5x.
- The industry is trading close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have grown 60% per year over the last three years.
- Revenues for these companies have grown 2.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -2.41% | |
| Industrials | -2.86% | |
| Trade Distributors | -5.91% | |
| Trade Companies and Distributors | -5.91% | |
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 | |
|---|---|---|---|---|---|
| 1159 Smart Digital Technology Group | HK$2.79 | 39.5% +HK$112.1m | -29.4% | PE2x | |
| 217 China Chengtong Development Group | HK$0.13 | 8.9% +HK$65.6m | 48.9% | PE16.7x | |
| 936 Kaisa Capital Investment Holdings | HK$0.28 | 9.8% +HK$26.5m | 141.4% | PE43.6x | |
| 8080 North Asia Strategic Holdings | HK$0.49 | 11.4% +HK$22.7m | 104.2% | PE35.8x | |
| 235 CSC Holdings | HK$0.021 | 5.0% +HK$20.4m | -22.2% | PS11.8x |