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Hong Kong (HSI) Trade Distributors Industry Analysis
UpdatedMay 15, 2025
DataAggregated Company Financials
Companies53
- 7D6.0%
- 3M0.3%
- 1Y-13.6%
- YTD-2.1%
The Trade Distributors industry is up 4.6% in the last week, with COSCO SHIPPING Development up 17%. During this same period, the ZG Group underperformed, falling 14%. However, the industry is down 15% over the past year. 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 |
|---|---|---|---|---|---|---|
| Thu, 15 May 2025 | HK$131.7b | HK$484.1b | HK$9.2b | 11.6x | 14.4x | 0.3x |
| Sat, 12 Apr 2025 | HK$125.7b | HK$477.6b | HK$9.0b | 12.1x | 13.9x | 0.3x |
| Mon, 10 Mar 2025 | HK$131.2b | HK$499.4b | HK$8.3b | 12.3x | 15.8x | 0.3x |
| Wed, 05 Feb 2025 | HK$128.4b | HK$499.3b | HK$9.3b | 9.7x | 13.9x | 0.3x |
| Fri, 03 Jan 2025 | HK$132.0b | HK$496.8b | HK$9.2b | 11.2x | 14.3x | 0.3x |
| Sun, 01 Dec 2024 | HK$135.3b | HK$498.5b | HK$9.3b | 11.5x | 14.6x | 0.3x |
| Tue, 29 Oct 2024 | HK$139.1b | HK$499.5b | HK$9.5b | 11.8x | 14.7x | 0.3x |
| Thu, 26 Sep 2024 | HK$132.6b | HK$504.5b | HK$9.2b | 9.2x | 14.4x | 0.3x |
| Sat, 24 Aug 2024 | HK$139.7b | HK$491.9b | HK$11.5b | 8.1x | 12.2x | 0.3x |
| Mon, 22 Jul 2024 | HK$143.9b | HK$486.2b | HK$9.8b | 9.8x | 14.6x | 0.3x |
| Wed, 19 Jun 2024 | HK$146.3b | HK$489.6b | HK$10.6b | 12x | 13.8x | 0.3x |
| Fri, 17 May 2024 | HK$152.6b | HK$443.2b | HK$10.7b | 11.3x | 14.3x | 0.3x |
| Sun, 14 Apr 2024 | HK$150.6b | HK$442.7b | HK$10.6b | 12.8x | 14.2x | 0.3x |
| Tue, 12 Mar 2024 | HK$140.4b | HK$420.0b | HK$5.8b | 8.3x | 24.1x | 0.3x |
| Thu, 08 Feb 2024 | HK$147.2b | HK$422.3b | HK$5.6b | 9.5x | 26.3x | 0.3x |
| Sat, 06 Jan 2024 | HK$156.8b | HK$473.7b | HK$5.8b | 8.6x | 27.1x | 0.3x |
| Mon, 04 Dec 2023 | HK$155.6b | HK$473.5b | HK$5.8b | 7.1x | 26.9x | 0.3x |
| Wed, 01 Nov 2023 | HK$142.5b | HK$466.8b | HK$5.0b | 8.1x | 28.3x | 0.3x |
| Fri, 29 Sep 2023 | HK$151.1b | HK$468.5b | HK$6.1b | 8.1x | 24.9x | 0.3x |
| Sun, 27 Aug 2023 | HK$148.1b | HK$454.1b | HK$6.5b | 8.7x | 22.7x | 0.3x |
| Tue, 25 Jul 2023 | HK$157.3b | HK$457.5b | HK$4.0b | 9.5x | 39.4x | 0.3x |
| Thu, 22 Jun 2023 | HK$155.4b | HK$456.9b | HK$3.3b | 8.1x | 46.9x | 0.3x |
| Sat, 20 May 2023 | HK$150.4b | HK$454.9b | HK$2.6b | 8.2x | 57.3x | 0.3x |
| Mon, 17 Apr 2023 | HK$153.0b | HK$464.5b | HK$3.7b | 10x | 41x | 0.3x |
| Wed, 15 Mar 2023 | HK$149.3b | HK$455.3b | HK$4.9b | 8x | 30.6x | 0.3x |
| Fri, 10 Feb 2023 | HK$164.3b | HK$459.5b | HK$4.6b | 8.4x | 35.9x | 0.4x |
| Sun, 08 Jan 2023 | HK$163.6b | HK$455.6b | HK$4.6b | 8.7x | 35.9x | 0.4x |
| Tue, 06 Dec 2022 | HK$153.5b | HK$402.5b | HK$1.1b | 9.8x | 138.3x | 0.4x |
| Thu, 03 Nov 2022 | HK$146.1b | HK$394.8b | HK$1.8b | 7.2x | 79.8x | 0.4x |
| Sat, 01 Oct 2022 | HK$149.2b | HK$405.8b | HK$3.5b | 7.5x | 42.5x | 0.4x |
| Mon, 29 Aug 2022 | HK$182.8b | HK$426.7b | HK$5.2b | 6.3x | 35.4x | 0.4x |
| Wed, 27 Jul 2022 | HK$157.3b | HK$340.7b | HK$9.4b | 5.9x | 16.7x | 0.5x |
| Fri, 24 Jun 2022 | HK$153.9b | HK$341.1b | HK$9.7b | 9.2x | 15.9x | 0.5x |
| Sun, 22 May 2022 | HK$159.4b | HK$333.9b | 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 | 3.79% | |
| Industrials | 4.02% | |
| Trade Distributors | 6.00% | |
| Trade Companies and Distributors | 6.00% | |
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% | PE29.3x | |
| 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 |
