Returns On Capital Signal Difficult Times Ahead For Newton Resources (HKG:1231)
May 09
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Trade Distributors Industry Analysis
UpdatedMay 14, 2025
DataAggregated Company Financials
Companies53
- 7D4.6%
- 3M-2.7%
- 1Y-15.5%
- YTD-4.2%
The Trade Distributors industry is up 4.6% in the last week, with Huitongda Network up 33%. In the same time, ZG Group was down 15%. In contrast, the industry has lost 15% in the last 12 months. Looking forward, earnings are forecast to grow by 2.8% 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 |
|---|---|---|---|---|---|---|
| Wed, 14 May 2025 | HK$129.3b | HK$483.8b | HK$9.2b | 11.8x | 14.1x | 0.3x |
| Fri, 11 Apr 2025 | HK$125.4b | HK$476.5b | HK$9.0b | 11.4x | 13.9x | 0.3x |
| Sun, 09 Mar 2025 | HK$131.2b | HK$499.4b | HK$8.3b | 12.3x | 15.8x | 0.3x |
| Tue, 04 Feb 2025 | HK$127.9b | HK$499.4b | HK$9.3b | 9.7x | 13.8x | 0.3x |
| Thu, 02 Jan 2025 | HK$136.6b | HK$496.4b | HK$9.2b | 11.2x | 14.8x | 0.3x |
| Sat, 30 Nov 2024 | HK$135.4b | HK$498.7b | HK$9.5b | 9.7x | 14.2x | 0.3x |
| Mon, 28 Oct 2024 | HK$139.1b | HK$499.7b | HK$9.5b | 11.8x | 14.6x | 0.3x |
| Wed, 25 Sep 2024 | HK$132.4b | HK$504.1b | HK$9.2b | 9.1x | 14.4x | 0.3x |
| Fri, 23 Aug 2024 | HK$139.5b | HK$492.1b | HK$11.5b | 10.3x | 12.2x | 0.3x |
| Sun, 21 Jul 2024 | HK$143.9b | HK$486.2b | HK$9.8b | 9.8x | 14.6x | 0.3x |
| Tue, 18 Jun 2024 | HK$144.5b | HK$489.7b | HK$10.6b | 11.7x | 13.7x | 0.3x |
| Thu, 16 May 2024 | HK$154.2b | HK$443.1b | HK$10.7b | 11.3x | 14.4x | 0.3x |
| Sat, 13 Apr 2024 | HK$150.6b | HK$442.7b | HK$10.6b | 12.8x | 14.2x | 0.3x |
| Mon, 11 Mar 2024 | HK$139.6b | HK$420.0b | HK$5.8b | 8x | 23.9x | 0.3x |
| Wed, 07 Feb 2024 | HK$145.9b | HK$422.6b | HK$5.6b | 9.6x | 26.1x | 0.3x |
| Fri, 05 Jan 2024 | HK$157.2b | HK$472.8b | HK$5.8b | 8.6x | 27.2x | 0.3x |
| Sun, 03 Dec 2023 | HK$155.6b | HK$473.5b | HK$5.8b | 7.1x | 26.9x | 0.3x |
| Tue, 31 Oct 2023 | HK$146.8b | HK$467.7b | HK$6.0b | 8x | 24.4x | 0.3x |
| Thu, 28 Sep 2023 | HK$148.9b | HK$468.0b | HK$6.2b | 8x | 23.9x | 0.3x |
| Sat, 26 Aug 2023 | HK$148.1b | HK$451.0b | HK$7.6b | 8.6x | 19.5x | 0.3x |
| Mon, 24 Jul 2023 | HK$157.9b | HK$457.8b | HK$4.0b | 9.5x | 39.5x | 0.3x |
| Wed, 21 Jun 2023 | HK$157.9b | HK$457.2b | HK$3.3b | 8.3x | 47.7x | 0.3x |
| Fri, 19 May 2023 | HK$152.0b | HK$454.5b | HK$2.6b | 8.1x | 57.9x | 0.3x |
| Sun, 16 Apr 2023 | HK$153.0b | HK$464.5b | HK$3.7b | 10x | 41x | 0.3x |
| Tue, 14 Mar 2023 | HK$152.1b | HK$455.4b | HK$4.9b | 8x | 31.2x | 0.3x |
| Thu, 09 Feb 2023 | HK$166.1b | HK$459.2b | HK$4.6b | 8.4x | 36.3x | 0.4x |
| Sat, 07 Jan 2023 | HK$163.4b | HK$455.6b | HK$4.6b | 8.7x | 35.9x | 0.4x |
| Mon, 05 Dec 2022 | HK$151.5b | HK$402.5b | HK$1.1b | 9.8x | 136.6x | 0.4x |
| Wed, 02 Nov 2022 | HK$144.1b | HK$393.8b | HK$1.8b | 7.6x | 79.2x | 0.4x |
| Fri, 30 Sep 2022 | HK$150.0b | HK$403.0b | HK$3.5b | 8.2x | 43.2x | 0.4x |
| Sun, 28 Aug 2022 | HK$182.4b | HK$421.1b | HK$4.5b | 6.7x | 40.4x | 0.4x |
| Tue, 26 Jul 2022 | HK$156.1b | HK$340.7b | HK$9.4b | 5.8x | 16.6x | 0.5x |
| Thu, 23 Jun 2022 | HK$150.8b | HK$340.2b | HK$9.2b | 9.5x | 16.3x | 0.4x |
| Sat, 21 May 2022 | HK$159.3b | HK$333.4b | HK$9.0b | 9.8x | 17.8x | 0.5x |
Price to Earnings Ratio
17.8x
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 14.1x which is lower than its 3-year average PE of 28.9x.
- The industry is trading close to its 3-year average PS ratio of 0.33x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 2.09% | |
| Industrials | 3.34% | |
| Trade Distributors | 4.61% | |
| Trade Companies and Distributors | 4.61% | |
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$1.09 | 17.2% +HK$2.1b | 9.0% | PE7.8x | |
| 9878 Huitongda Network | HK$15.48 | 22.3% +HK$1.6b | -42.6% | PE29.4x | |
| 2588 BOC Aviation | HK$60.90 | 1.5% +HK$624.6m | -1.9% | PE5.9x | |
| 1196 Realord Group Holdings | HK$7.39 | 4.1% +HK$417.8m | 37.4% | PS24.9x | |
| 9930 Horizon Construction Development | HK$1.28 | 11.3% +HK$415.6m | -31.6% | PE4.2x |
