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Jun 28
Hong Kong (HSI) Trade Distributors Industry Analysis
UpdatedJul 02, 2024
DataAggregated Company Financials
Companies52
- 7D0.8%
- 3M-0.3%
- 1Y-8.8%
- YTD-4.7%
The Trade Distributors is pretty flat in the last 7 days, but COSCO SHIPPING Development has stood out, gaining 4.5%. Unfortunately though, the industry is down 8.8% over the past 12 months. As for the next few years, earnings are expected to grow by 19% per annum.
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, 03 Jul 2024 | HK$141.3b | HK$486.3b | HK$9.8b | 13.1x | 14.4x | 0.3x |
| Fri, 31 May 2024 | HK$151.9b | HK$480.2b | HK$10.7b | 12.2x | 14.2x | 0.3x |
| Sun, 28 Apr 2024 | HK$148.6b | HK$441.5b | HK$10.6b | 12.1x | 14x | 0.3x |
| Tue, 26 Mar 2024 | HK$146.5b | HK$423.4b | HK$7.4b | 8x | 19.8x | 0.3x |
| Thu, 22 Feb 2024 | HK$144.6b | HK$419.4b | HK$5.6b | 9.1x | 25.7x | 0.3x |
| Sat, 20 Jan 2024 | HK$144.6b | HK$474.6b | HK$5.8b | 8.4x | 25x | 0.3x |
| Mon, 18 Dec 2023 | HK$157.4b | HK$473.9b | HK$5.8b | 6.9x | 27.3x | 0.3x |
| Wed, 15 Nov 2023 | HK$150.4b | HK$467.3b | HK$5.0b | 7.5x | 29.9x | 0.3x |
| Fri, 13 Oct 2023 | HK$148.9b | HK$468.5b | HK$6.0b | 8.2x | 24.6x | 0.3x |
| Sun, 10 Sep 2023 | HK$151.9b | HK$467.5b | HK$6.3b | 8.5x | 24x | 0.3x |
| Tue, 08 Aug 2023 | HK$154.4b | HK$451.4b | HK$2.7b | 9.7x | 58.1x | 0.3x |
| Thu, 06 Jul 2023 | HK$158.3b | HK$455.9b | HK$4.0b | 9.8x | 39.7x | 0.3x |
| Sat, 03 Jun 2023 | HK$156.3b | HK$462.1b | HK$3.3b | 7.9x | 47.1x | 0.3x |
| Mon, 01 May 2023 | HK$153.3b | HK$459.7b | HK$2.6b | 9.2x | 58.5x | 0.3x |
| Wed, 29 Mar 2023 | HK$150.0b | HK$449.6b | HK$3.3b | 8.5x | 45.7x | 0.3x |
| Fri, 24 Feb 2023 | HK$152.1b | HK$454.4b | HK$4.5b | 8.2x | 33.7x | 0.3x |
| Sun, 22 Jan 2023 | HK$170.4b | HK$458.5b | HK$4.6b | 8.6x | 37.2x | 0.4x |
| Tue, 20 Dec 2022 | HK$155.3b | HK$403.9b | HK$1.1b | 9.6x | 138.5x | 0.4x |
| Thu, 17 Nov 2022 | HK$152.2b | HK$402.1b | HK$1.8b | 7.8x | 82.9x | 0.4x |
| Sat, 15 Oct 2022 | HK$148.7b | HK$404.0b | HK$3.5b | 7.4x | 42.4x | 0.4x |
| Mon, 12 Sep 2022 | HK$167.0b | HK$413.0b | HK$4.0b | 7.4x | 41.9x | 0.4x |
| Wed, 10 Aug 2022 | HK$149.3b | HK$340.5b | HK$9.4b | 6.9x | 15.9x | 0.4x |
| Fri, 08 Jul 2022 | HK$154.1b | HK$340.3b | HK$9.0b | 6.6x | 17.1x | 0.5x |
| Sun, 05 Jun 2022 | HK$157.1b | HK$340.5b | HK$9.2b | 9.7x | 17x | 0.5x |
| Tue, 03 May 2022 | HK$160.4b | HK$336.3b | HK$9.2b | 9.8x | 17.4x | 0.5x |
| Thu, 31 Mar 2022 | HK$152.8b | HK$306.3b | HK$7.1b | 11.5x | 21.5x | 0.5x |
| Sat, 26 Feb 2022 | HK$163.9b | HK$302.9b | HK$12.2b | 12.7x | 13.4x | 0.5x |
| Mon, 24 Jan 2022 | HK$156.4b | HK$301.8b | HK$12.2b | 11.3x | 12.8x | 0.5x |
| Wed, 22 Dec 2021 | HK$147.6b | HK$300.3b | HK$12.2b | 10.5x | 12.1x | 0.5x |
| Fri, 19 Nov 2021 | HK$147.0b | HK$300.0b | HK$12.1b | 10.8x | 12.1x | 0.5x |
| Sun, 17 Oct 2021 | HK$158.6b | HK$290.6b | HK$11.0b | 13x | 14.4x | 0.5x |
| Tue, 14 Sep 2021 | HK$170.6b | HK$289.6b | HK$10.4b | 13x | 16.4x | 0.6x |
| Thu, 12 Aug 2021 | HK$166.3b | HK$296.4b | HK$10.9b | 11.2x | 15.2x | 0.6x |
Price to Earnings Ratio
15.6x
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 14.6x which is lower than its 3-year average PE of 29.3x.
- The industry is trading close to its 3-year average PS ratio of 0.40x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have declined 3.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 18% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -0.83% | |
| Industrials | -0.40% | |
| Trade Distributors | 0.84% | |
| Trade Companies and Distributors | 0.84% | |
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$1.16 | 4.5% +HK$677.4m | 17.2% | PE10x | |
| 1733 E-Commodities Holdings | HK$1.51 | 3.4% +HK$134.8m | 42.5% | PE1.9x | |
| 223 Elife Holdings | HK$0.35 | 44.6% +HK$122.1m | 173.4% | PS2.1x | |
| 8162 Loco Hong Kong Holdings | HK$0.36 | 33.3% +HK$74.6m | n/a | PE17.2x | |
| 990 Theme International Holdings | HK$0.49 | 1.0% +HK$67.4m | -46.7% | PE5.5x |
