Hong Kong (HSI) Trade Companies and Distributors Industry Analysis

Industry Valuation and Performance

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
Fri, 24 Jul 2026	HK$179.9b	HK$483.4b	HK$13.9b	11.3x	12.9x	0.4x
Sun, 21 Jun 2026	HK$175.4b	HK$482.4b	HK$13.7b	11.2x	12.8x	0.4x
Tue, 19 May 2026	HK$191.5b	HK$493.4b	HK$13.3b	11x	14.4x	0.4x
Thu, 16 Apr 2026	HK$202.3b	HK$492.1b	HK$13.4b	10.7x	15.1x	0.4x
Sat, 14 Mar 2026	HK$200.2b	HK$521.8b	HK$13.5b	11.6x	14.9x	0.4x
Mon, 09 Feb 2026	HK$204.8b	HK$518.4b	HK$10.2b	12.2x	20x	0.4x
Wed, 07 Jan 2026	HK$195.2b	HK$514.8b	HK$10.2b	11.1x	19.2x	0.4x
Fri, 05 Dec 2025	HK$153.1b	HK$485.9b	HK$9.1b	10.3x	16.8x	0.3x
Sun, 02 Nov 2025	HK$154.4b	HK$483.5b	HK$9.0b	11.1x	17.1x	0.3x
Tue, 30 Sep 2025	HK$154.2b	HK$484.9b	HK$8.7b	10.4x	17.7x	0.3x
Thu, 28 Aug 2025	HK$153.9b	HK$477.0b	HK$8.2b	12.5x	18.7x	0.3x
Sat, 26 Jul 2025	HK$152.5b	HK$487.1b	HK$10.2b	11.5x	14.9x	0.3x
Mon, 23 Jun 2025	HK$134.9b	HK$487.5b	HK$9.2b	11.1x	14.6x	0.3x
Wed, 21 May 2025	HK$132.1b	HK$484.4b	HK$9.2b	11.3x	14.4x	0.3x
Fri, 18 Apr 2025	HK$119.7b	HK$477.9b	HK$9.0b	11.5x	13.3x	0.3x
Sun, 16 Mar 2025	HK$133.2b	HK$499.5b	HK$8.0b	11.9x	16.7x	0.3x
Tue, 11 Feb 2025	HK$128.9b	HK$497.1b	HK$9.2b	9.7x	13.9x	0.3x
Thu, 09 Jan 2025	HK$131.5b	HK$495.6b	HK$9.2b	11x	14.3x	0.3x
Sat, 07 Dec 2024	HK$139.0b	HK$498.3b	HK$9.3b	11.5x	15x	0.3x
Mon, 04 Nov 2024	HK$139.8b	HK$503.5b	HK$9.9b	10.8x	14.1x	0.3x
Wed, 02 Oct 2024	HK$144.1b	HK$504.1b	HK$9.2b	10.3x	15.6x	0.3x
Fri, 30 Aug 2024	HK$137.1b	HK$482.6b	HK$11.4b	8.7x	12x	0.3x
Sun, 28 Jul 2024	HK$144.1b	HK$486.9b	HK$9.8b	9.4x	14.7x	0.3x
Tue, 25 Jun 2024	HK$143.3b	HK$489.5b	HK$10.6b	11.9x	13.6x	0.3x
Thu, 23 May 2024	HK$153.5b	HK$442.3b	HK$10.7b	11.2x	14.4x	0.3x
Sat, 20 Apr 2024	HK$147.4b	HK$442.5b	HK$10.6b	12.4x	13.9x	0.3x
Mon, 18 Mar 2024	HK$143.8b	HK$421.7b	HK$7.4b	7.8x	19.4x	0.3x
Wed, 14 Feb 2024	HK$147.9b	HK$419.3b	HK$5.6b	9.4x	26.3x	0.4x
Fri, 12 Jan 2024	HK$156.3b	HK$472.9b	HK$5.8b	8.6x	27x	0.3x
Sun, 10 Dec 2023	HK$152.0b	HK$472.3b	HK$5.8b	7x	26.3x	0.3x
Tue, 07 Nov 2023	HK$147.8b	HK$468.6b	HK$5.0b	8.3x	29.4x	0.3x
Thu, 05 Oct 2023	HK$150.7b	HK$468.7b	HK$6.1b	8x	24.9x	0.3x
Sat, 02 Sep 2023	HK$149.4b	HK$470.8b	HK$6.3b	8.5x	23.6x	0.3x
Mon, 31 Jul 2023	HK$159.0b	HK$457.1b	HK$3.5b	9.5x	45.6x	0.3x

Current Industry PE

Investors are pessimistic on the Hong Kong Trading Companies and 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 12.7x which is lower than its 3-year average PE of 18.2x.

The industry is trading close to its 3-year average PS ratio of 0.32x.

Past Earnings Growth

The earnings for companies in the Trading Companies and Distributors industry have grown 59% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Hong Kong Trade Companies and Distributors compare with similar industries?


HK Market	1.41%
Industrials	3.14%
Trade Distributors	1.02%
Trade Companies and Distributors	1.02%

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
2588 BOC Aviation	HK$77.50	2.2% +HK$1.1b	3.7%	PE8.7x
7618 JINGDONG Industrials	HK$13.34	2.3% +HK$814.5m	n/a	PE13.5x
2302 CNNC International	HK$4.26	13.3% +HK$244.6m	2.9%	PE10.8x
9878 Huitongda Network	HK$7.50	5.9% +HK$231.5m	-48.4%	PE11.9x
1104 APAC Resources	HK$1.56	6.8% +HK$149.5m	20.9%	PE1x

JINGDONG Industrials, Inc. Announces Board and Committee Changes, Effective July 1, 2026

JINGDONG Industrials, Inc. announced that Mr. Chunzheng Song tendered his resignation as an executive Director, a member of the Remuneration Committee and the authorized representative under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, with effect from July 1, 2026, due to personal health reasons. Mr. Peinuan Wang was appointed as an executive Director and the authorized representative, with effect from July 1, 2026. Mr. Peinuan Wang, aged 53, joined JD.com, Inc. in March 2018 and has since held multiple positions within JD Group and the Group. Mr. Wang served as head of key account business of JD Cloud from March 2018 to January 2021, head of strategic cooperation of JD Group from January 2021 to August 2024, head of enterprise business of JD Group from August 2024 to November 2025 and head of BOM business of the Company from November 2025 to June 2026, respectively. Prior to joining JD Group, Mr. Wang joined Lenovo Group Limited in 1998, and after the spin-off of Digital China Holdings Ltd. from Lenovo, Mr. Wang joined Digital China and served as head of key account business, commercial business, and mobile technology groups from 2000 to 2016. Mr. Wang served as head of key account business of 360 Security Technology Inc. from 2016 to 2018. Mr. Wang served as a director of China United Network Communications Limited from December 2021 to July 2023. Mr. Wang received his master’s degree in computer engineering from Shandong University of Science and Technology in 2007, his EMBA degree from China Europe International Business School in 2013 and his PhD in management from Beijing Jiaotong University in 2020. Following the resignation of Mr. Song, Ms. Yuen Shan Clara Chan, MH, JP was appointed as a member of the Remuneration Committee, with effect from July 1, 2026.

Hong Kong (HSI) Trade Companies and Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Non-Executive Chairman recently sold HK$130m worth of stock

BOC Aviation Orders Up to 220 Pratt & Whitney Engines for Airbus A320neo Fleet Expansion

Now 22% overvalued

New major risk - Share price stability

New major risk - Share price stability

New minor risk - Share price stability

Upcoming dividend of HK$0.017 per share

Full year 2026 earnings released: HK$0.002 loss per share (vs HK$0.013 loss in FY 2025)

New major risk - Revenue and earnings growth

JINGDONG Industrials, Inc. Announces Board and Committee Changes, Effective July 1, 2026

Deep Source Holdings Limited, Annual General Meeting, Jun 30, 2026

New major risk - Share price stability

CWT International Limited, Annual General Meeting, Jun 26, 2026

CNNC International Limited, Annual General Meeting, May 29, 2026

New major risk - Revenue and earnings growth

First half 2026 earnings released: EPS: HK$0.013 (vs HK$0.014 in 1H 2025)