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, 07 Aug 2026	HK$171.9b	HK$484.2b	HK$14.0b	11.1x	12.3x	0.4x
Sun, 05 Jul 2026	HK$176.2b	HK$482.5b	HK$13.9b	11.2x	12.7x	0.4x
Tue, 02 Jun 2026	HK$187.9b	HK$495.5b	HK$13.5b	11x	13.9x	0.4x
Thu, 30 Apr 2026	HK$197.8b	HK$491.6b	HK$13.4b	11x	14.8x	0.4x
Sat, 28 Mar 2026	HK$195.8b	HK$523.1b	HK$13.4b	11.2x	14.6x	0.4x
Mon, 23 Feb 2026	HK$205.7b	HK$520.0b	HK$10.2b	12.5x	20.1x	0.4x
Wed, 21 Jan 2026	HK$207.0b	HK$516.5b	HK$10.2b	12.3x	20.3x	0.4x
Fri, 19 Dec 2025	HK$188.5b	HK$511.6b	HK$10.2b	10.5x	18.6x	0.4x
Sun, 16 Nov 2025	HK$157.8b	HK$484.5b	HK$9.1b	10.7x	17.4x	0.3x
Tue, 14 Oct 2025	HK$158.4b	HK$483.9b	HK$9.1b	12.2x	17.4x	0.3x
Thu, 11 Sep 2025	HK$154.0b	HK$485.1b	HK$8.0b	10.4x	19.3x	0.3x
Sat, 09 Aug 2025	HK$156.3b	HK$485.9b	HK$10.0b	13.6x	15.7x	0.3x
Mon, 07 Jul 2025	HK$140.8b	HK$487.3b	HK$9.9b	11.3x	14.2x	0.3x
Wed, 04 Jun 2025	HK$134.2b	HK$486.7b	HK$9.2b	11.4x	14.5x	0.3x
Fri, 02 May 2025	HK$121.7b	HK$479.3b	HK$9.1b	11.9x	13.4x	0.3x
Sun, 30 Mar 2025	HK$138.5b	HK$485.3b	HK$7.3b	11.2x	19.1x	0.3x
Tue, 25 Feb 2025	HK$132.0b	HK$497.8b	HK$8.3b	10.5x	15.8x	0.3x
Thu, 23 Jan 2025	HK$128.9b	HK$498.6b	HK$9.3b	10x	13.9x	0.3x
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

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 12.4x which is lower than its 3-year average PE of 17.8x.

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 72% per year over the last three years.
Revenues for these companies have grown 2.4% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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


HK Market	-1.75%
Industrials	1.31%
Trade Distributors	1.07%
Trade Companies and Distributors	1.07%

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 Technology	HK$6.91	54.2% +HK$3.5b	-31.3%	PS17.9x
9878 Huitongda Network	HK$8.20	11.4% +HK$463.0m	-42.9%	PE13x
990 Deep Source Holdings	HK$0.54	4.9% +HK$370.0m	-40.6%	PE11x
1142 E&P Global Holdings	HK$0.092	31.4% +HK$278.0m	-98.1%	PS1.7x
1104 APAC Resources	HK$1.69	11.2% +HK$254.2m	21.6%	PE1x

New major risk - Revenue and earnings growth

Earnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$311.2m market cap, or US$39.7m).

Hong Kong (HSI) Trade Companies and Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Realord Technology Company Limited to Report First Half, 2026 Results on Aug 28, 2026

First half 2026 earnings released: EPS: CN¥0.012 (vs CN¥0.011 in 1H 2025)

New major risk - Earnings quality

High number of new directors

Cherish Sunshine International Limited has filed a Follow-on Equity Offering in the amount of HKD 24.76703 million.

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 minor risk - Market cap size

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

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

Dividend of HK$0.03 announced

New major risk - Revenue and earnings growth