Narrative Update • May 13

Over the last 7 days, the Trade Companies and Distributors industry has dropped 1.2%, driven by a pullback from JINGDONG Industrials of 3.1%. Over the past 12 months, the industry was up 9.4%. Looking forward, earnings are forecast to grow by 11% annually.
Has the Hong Kong Trade Companies and Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 May 2026 | HK$192.2b | HK$494.0b | HK$13.3b | 11.2x | 14.4x | 0.4x |
| Wed, 22 Apr 2026 | HK$202.6b | HK$492.2b | HK$13.4b | 11.7x | 15.2x | 0.4x |
| Fri, 20 Mar 2026 | HK$195.6b | HK$522.0b | HK$13.5b | 11.9x | 14.5x | 0.4x |
| Sun, 15 Feb 2026 | HK$205.8b | HK$520.2b | HK$10.2b | 12.5x | 20.1x | 0.4x |
| Tue, 13 Jan 2026 | HK$199.8b | HK$515.8b | HK$10.2b | 11.4x | 19.6x | 0.4x |
| Thu, 11 Dec 2025 | HK$151.5b | HK$486.2b | HK$9.1b | 11.1x | 16.6x | 0.3x |
| Sat, 08 Nov 2025 | HK$155.0b | HK$483.7b | HK$9.1b | 10.5x | 17.1x | 0.3x |
| Mon, 06 Oct 2025 | HK$157.7b | HK$484.7b | HK$9.0b | 11.8x | 17.5x | 0.3x |
| Wed, 03 Sep 2025 | HK$154.3b | HK$484.8b | HK$7.9b | 10.5x | 19.4x | 0.3x |
| Fri, 01 Aug 2025 | HK$145.9b | HK$485.9b | HK$10.2b | 11.7x | 14.3x | 0.3x |
| Sun, 29 Jun 2025 | HK$136.1b | HK$487.2b | HK$9.3b | 11.1x | 14.7x | 0.3x |
| Tue, 27 May 2025 | HK$135.7b | HK$486.4b | HK$9.2b | 11.4x | 14.7x | 0.3x |
| Thu, 24 Apr 2025 | HK$121.8b | HK$478.2b | HK$9.0b | 12.1x | 13.5x | 0.3x |
| Sat, 22 Mar 2025 | HK$133.8b | HK$501.2b | HK$8.3b | 11.6x | 16.2x | 0.3x |
| Mon, 17 Feb 2025 | HK$129.6b | HK$498.8b | HK$9.3b | 9.7x | 14x | 0.3x |
| Wed, 15 Jan 2025 | HK$131.3b | HK$495.9b | HK$9.2b | 9.7x | 14.2x | 0.3x |
| Fri, 13 Dec 2024 | HK$138.9b | HK$498.0b | HK$9.2b | 10.8x | 15x | 0.3x |
| Sun, 10 Nov 2024 | HK$142.8b | HK$501.1b | HK$9.9b | 10.7x | 14.4x | 0.3x |
| Tue, 08 Oct 2024 | HK$150.1b | HK$503.7b | HK$9.2b | 12x | 16.2x | 0.3x |
| Thu, 05 Sep 2024 | HK$133.8b | HK$501.0b | HK$9.4b | 9.2x | 14.2x | 0.3x |
| Sat, 03 Aug 2024 | HK$145.1b | HK$488.8b | HK$9.8b | 9.2x | 14.7x | 0.3x |
| Mon, 01 Jul 2024 | HK$144.5b | HK$486.3b | HK$9.9b | 13.5x | 14.6x | 0.3x |
| Wed, 29 May 2024 | HK$153.4b | HK$442.2b | HK$10.7b | 11.1x | 14.4x | 0.3x |
| Fri, 26 Apr 2024 | HK$148.2b | HK$441.6b | HK$10.6b | 12.2x | 14x | 0.3x |
| Sun, 24 Mar 2024 | HK$146.5b | HK$422.7b | HK$7.4b | 8x | 19.8x | 0.3x |
| Tue, 20 Feb 2024 | HK$144.7b | HK$419.2b | HK$5.6b | 9.3x | 25.8x | 0.3x |
| Thu, 18 Jan 2024 | HK$149.2b | HK$471.8b | HK$5.8b | 8.6x | 25.7x | 0.3x |
| Sat, 16 Dec 2023 | HK$157.5b | HK$474.4b | HK$5.8b | 6.9x | 27.3x | 0.3x |
| Mon, 13 Nov 2023 | HK$146.3b | HK$467.2b | HK$5.0b | 7.5x | 29.1x | 0.3x |
| Wed, 11 Oct 2023 | HK$147.1b | HK$468.4b | HK$6.0b | 8.3x | 24.3x | 0.3x |
| Fri, 08 Sep 2023 | HK$152.0b | HK$468.0b | HK$6.3b | 8.5x | 24x | 0.3x |
| Sun, 06 Aug 2023 | HK$153.6b | HK$452.3b | HK$2.7b | 9.6x | 57.8x | 0.3x |
| Tue, 04 Jul 2023 | HK$159.0b | HK$456.1b | HK$4.0b | 9.8x | 39.8x | 0.3x |
| Thu, 01 Jun 2023 | HK$153.3b | HK$460.3b | HK$3.3b | 8.1x | 46.3x | 0.3x |
46.3x
How does Hong Kong Trade Companies and Distributors compare with similar industries?
| HK Market | -1.48% | |
| Industrials | -0.75% | |
| Trade Distributors | -1.17% | |
| Trade Companies and Distributors | -1.17% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1196 Realord Group Holdings | HK$11.36 | 2.3% +HK$360.6m | 60.2% | PS29.5x | |
| 6676 ZG Group | HK$1.02 | 8.5% +HK$85.7m | -73.2% | PS0.4x | |
| 2098 Zall Smart Commerce Group | HK$0.095 | 4.4% +HK$49.6m | -58.3% | PE6.9x | |
| 521 CWT International | HK$0.25 | 1.6% +HK$45.6m | 152.5% | PE7.7x | |
| 1341 Hao Tian International Construction Investment Group | HK$0.025 | 19.0% +HK$44.4m | -94.2% | PS2.8x |