Hong Kong (HSI) Transportation Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Transportation Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 27 Aug 2026	HK$243.6b	HK$116.0b	HK$25.6b	8.8x	9.5x	2.1x
Sat, 25 Jul 2026	HK$240.5b	HK$114.0b	HK$16.9b	11x	14.2x	2.1x
Mon, 22 Jun 2026	HK$237.4b	HK$113.9b	HK$16.9b	12.9x	14.1x	2.1x
Wed, 20 May 2026	HK$253.4b	HK$113.6b	HK$16.9b	13.7x	15x	2.2x
Fri, 17 Apr 2026	HK$255.0b	HK$112.9b	HK$16.7b	14.6x	15.2x	2.3x
Sun, 15 Mar 2026	HK$243.0b	HK$109.2b	HK$17.2b	17.9x	14.1x	2.2x
Tue, 10 Feb 2026	HK$284.3b	HK$125.0b	HK$20.3b	16.3x	14x	2.3x
Thu, 08 Jan 2026	HK$251.8b	HK$124.2b	HK$20.2b	16.2x	12.4x	2x
Sat, 06 Dec 2025	HK$265.6b	HK$123.7b	HK$20.2b	16.1x	13.1x	2.1x
Mon, 03 Nov 2025	HK$245.3b	HK$123.1b	HK$20.1b	15.9x	12.2x	2x
Wed, 01 Oct 2025	HK$224.0b	HK$123.0b	HK$20.1b	19.5x	11.1x	1.8x
Fri, 29 Aug 2025	HK$218.6b	HK$122.4b	HK$19.9b	12.8x	11x	1.8x
Sun, 27 Jul 2025	HK$226.5b	HK$123.3b	HK$18.8b	13.6x	12x	1.8x
Tue, 24 Jun 2025	HK$223.6b	HK$122.9b	HK$18.7b	15.1x	11.9x	1.8x
Thu, 22 May 2025	HK$224.8b	HK$122.5b	HK$18.7b	14.7x	12x	1.8x
Sat, 19 Apr 2025	HK$208.9b	HK$121.0b	HK$18.7b	16x	11.2x	1.7x
Mon, 17 Mar 2025	HK$211.3b	HK$118.5b	HK$20.1b	12.9x	10.5x	1.8x
Wed, 12 Feb 2025	HK$198.3b	HK$116.8b	HK$14.0b	15.7x	14.2x	1.7x
Fri, 10 Jan 2025	HK$203.2b	HK$116.5b	HK$14.0b	13.7x	14.6x	1.7x
Sun, 08 Dec 2024	HK$220.9b	HK$116.9b	HK$14.0b	13.5x	15.8x	1.9x
Tue, 05 Nov 2024	HK$226.9b	HK$117.3b	HK$14.0b	13.8x	16.2x	1.9x
Thu, 03 Oct 2024	HK$235.6b	HK$117.4b	HK$14.3b	13.9x	16.5x	2x
Sat, 31 Aug 2024	HK$216.9b	HK$116.4b	HK$12.6b	15.4x	17.2x	1.9x
Mon, 29 Jul 2024	HK$206.9b	HK$112.7b	HK$10.5b	17.2x	19.7x	1.8x
Wed, 26 Jun 2024	HK$197.0b	HK$112.1b	HK$10.4b	13.5x	19x	1.8x
Fri, 24 May 2024	HK$219.7b	HK$110.8b	HK$10.2b	12.2x	21.6x	2x
Sun, 21 Apr 2024	HK$185.9b	HK$110.2b	HK$9.9b	13.2x	18.8x	1.7x
Tue, 19 Mar 2024	HK$198.1b	HK$106.9b	HK$8.1b	23.2x	24.4x	1.9x
Thu, 15 Feb 2024	HK$194.6b	HK$102.3b	HK$9.6b	21.4x	20.2x	1.9x
Sat, 13 Jan 2024	HK$216.4b	HK$102.5b	HK$9.6b	22.8x	22.5x	2.1x
Mon, 11 Dec 2023	HK$217.1b	HK$102.4b	HK$9.6b	22.6x	22.6x	2.1x
Wed, 08 Nov 2023	HK$231.8b	HK$101.5b	HK$9.6b	20.3x	24.2x	2.3x
Fri, 06 Oct 2023	HK$241.1b	HK$100.3b	HK$9.0b	19x	26.8x	2.4x
Sun, 03 Sep 2023	HK$252.3b	HK$100.6b	HK$9.0b	19.7x	28.1x	2.5x

Current Industry PE

Investors are pessimistic on the Hong Kong Transportation 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 9.5x which is lower than its 3-year average PE of 16.4x.

The industry is trading close to its 3-year average PS ratio of 2.0x.

Past Earnings Growth

The earnings for companies in the Transportation industry have grown 42% per year over the last three years.
Revenues for these companies have grown 4.8% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Industrials industry?


HK Market	2.06%
Industrials	1.34%
Transportation	-1.63%
Cargo Ground Transportation	8.46%
Railroads	-1.75%
Trucking	-5.41%

Industry PE

Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 77.4x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Investors are most pessimistic about the Railroads industry, which is trading below its 3-year average of 16.3x.

Forecasted Growth

Despite it being negative, analysts are least pessimistic on the Railroads industry since they expect its earnings to decline by only 21% per year over the next 5 years, which isn't as bad as the other industries.
This is a reversal from its past annual earnings growth rate of 34% per year.

In contrast, the Railroads industry is expected to see its earnings decline by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
525 Guangshen Railway	HK$2.38	5.6% +HK$885.4m	22.4%	PE9.4x
2418 Deewin Tianxia	HK$3.08	14.7% +HK$850.2m	40.6%	PE83.3x
2643 CaoCao	HK$14.00	2.6% +HK$204.0m	-83.0%	PS0.3x
2169 Canggang Railway	HK$0.52	8.3% +HK$153.9m	-60.0%	PE29.7x
254 National United Resources Holdings	HK$0.25	90.0% +HK$79.1m	-26.3%	PS2x

Tongcheng Travel Holdings Limited (SEHK:780) completed the acquisition of 88.74% stake in Dida Inc. (SEHK:2559) from 5brothers Limited, Leap Profit Investment Limited, Smart Canvas Investment Limited, Star Celestial Holdings Limited, NBNW Investment Limited and other shareholders for HKD 1.26 billion.

Tongcheng Travel Holdings Limited (SEHK:780) proposed to acquire Dida Inc. (SEHK:2559) from 5brothers Limited, Leap Profit Investment Limited, Smart Canvas Investment Limited, Star Celestial Holdings Limited, NBNW Investment Limited and other shareholders for HKD 1.4 billion on June 29, 2026. A cash consideration valued at HKD 1.3875 per share will be paid by Tongcheng Travel Holdings Limited. The Share Offer Price represents a premium of approximately 12.8% over the closing price of HKD 1.23 per Share as quoted on the Stock Exchange on the Last Trading Day. Subject to the Share Offer becoming unconditional in all respects, following acceptance of the Option Offer, the relevant Options together with all rights attaching thereto will be entirely cancelled and renounced. The Offeror intends to finance all consideration payable by the Offeror under the Offers through a facility in the maximum amount of HKD 1.5 billion granted to the Offeror by China CITIC Bank International Limited. Pursuant to the Irrevocable Undertaking, each of the Undertaking Shareholders has undertaken to the Offeror to accept the Share Offer on or prior to the Closing Date in respect of all the Shares held by each of them, respectively, representing an aggregate of 551,148,534 Shares and approximately 53.70% of the issued share capital of the Company. The Offeror intends to maintain the Company’s listing on the Stock Exchange after the close of the Offers. The transaction is subject to approval by regulatory board / committee; the Offeror having received valid acceptances of the Share Offer; the Offeror having obtained all necessary consents, approvals, waivers and authorizations by the Relevant Authorities in connection with the Offers, and the Shares remaining listed and traded on the Stock Exchange. The Independent Board Committee will be established in accordance with Rule 2.1 of the Takeovers Code to advise and give recommendations to the Qualifying Shareholders, Option holders and RSU Holders as to whether the Offers are fair and reasonable and as to acceptance of the Offers. Nomura International Limited acted as financial advisor for Tongcheng Travel Holdings Limited. Red Solar Capital Limited acted as financial advisor to Dida Inc. As of July 28, 2026 Clifford Chance acted as advisor for Nomura International (Hong Kong) Limited Tongcheng Travel Holdings Limited (SEHK:780) completed the acquisition of 88.74% stake in Dida Inc. (SEHK:2559) from 5brothers Limited, Leap Profit Investment Limited, Smart Canvas Investment Limited, Star Celestial Holdings Limited, NBNW Investment Limited and other shareholders for HKD 1.26 billion on August 21, 2026.

Hong Kong (HSI) Transportation Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Upcoming dividend of HK$0.06 per share

First half 2026 earnings released: CN¥0.35 loss per share (vs CN¥0.64 loss in 1H 2025)

First half 2026 earnings released: EPS: HK$0.047 (vs HK$0.37 in 1H 2025)

Kwoon Chung Bus Holdings Limited Approves to Declare Final Dividend for Year Ended 31 March 2026

Now 25% overvalued after recent price rise

Consensus EPS estimates increase by 12%, revenue downgraded

C&N Holdings Limited to Report First Half, 2026 Results on Aug 31, 2026

EDA Group Holdings Limited to Report First Half, 2026 Results on Aug 31, 2026

Canggang Railway Limited to Report First Half, 2026 Results on Aug 31, 2026

Deewin Tianxia Co., Ltd to Report First Half, 2026 Results on Aug 28, 2026

CaoCao Inc. to Report First Half, 2026 Results on Aug 27, 2026

New major risk - Shareholder dilution

Guangshen Railway Company Limited to Report First Half, 2026 Results on Aug 26, 2026