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, 02 Jul 2026	HK$230.7b	HK$113.8b	HK$16.9b	12.9x	13.7x	2x
Sat, 30 May 2026	HK$237.8b	HK$113.9b	HK$16.9b	13.1x	14.1x	2.1x
Mon, 27 Apr 2026	HK$257.7b	HK$112.8b	HK$16.7b	14.5x	15.4x	2.3x
Wed, 25 Mar 2026	HK$241.2b	HK$109.0b	HK$16.7b	13.9x	14.5x	2.2x
Fri, 20 Feb 2026	HK$270.7b	HK$111.7b	HK$19.4b	18.1x	14x	2.4x
Sun, 18 Jan 2026	HK$252.2b	HK$124.6b	HK$20.2b	18.4x	12.5x	2x
Tue, 16 Dec 2025	HK$261.0b	HK$123.8b	HK$20.2b	15.9x	12.9x	2.1x
Thu, 13 Nov 2025	HK$263.9b	HK$123.1b	HK$20.1b	16.2x	13.1x	2.1x
Sat, 11 Oct 2025	HK$230.2b	HK$122.9b	HK$20.1b	15.1x	11.5x	1.9x
Mon, 08 Sep 2025	HK$222.6b	HK$123.0b	HK$20.1b	13.6x	11.1x	1.8x
Wed, 06 Aug 2025	HK$227.6b	HK$123.2b	HK$18.8b	13.2x	12.1x	1.8x
Fri, 04 Jul 2025	HK$229.0b	HK$123.4b	HK$18.8b	12.6x	12.2x	1.9x
Sun, 01 Jun 2025	HK$222.1b	HK$122.8b	HK$18.7b	14.4x	11.9x	1.8x
Tue, 29 Apr 2025	HK$213.4b	HK$121.0b	HK$18.7b	15.3x	11.4x	1.8x
Thu, 27 Mar 2025	HK$211.9b	HK$119.0b	HK$19.5b	17.2x	10.9x	1.8x
Sat, 22 Feb 2025	HK$202.9b	HK$117.0b	HK$14.0b	16.2x	14.5x	1.7x
Mon, 20 Jan 2025	HK$197.8b	HK$116.6b	HK$14.0b	14.1x	14.2x	1.7x
Wed, 18 Dec 2024	HK$218.5b	HK$116.8b	HK$14.0b	13.5x	15.6x	1.9x
Fri, 15 Nov 2024	HK$217.7b	HK$116.3b	HK$13.9b	13.4x	15.6x	1.9x
Sun, 13 Oct 2024	HK$234.9b	HK$117.1b	HK$14.1b	14.5x	16.7x	2x
Tue, 10 Sep 2024	HK$211.9b	HK$116.9b	HK$14.2b	13x	14.9x	1.8x
Thu, 08 Aug 2024	HK$208.7b	HK$113.1b	HK$10.5b	17.6x	19.8x	1.8x
Sat, 06 Jul 2024	HK$201.3b	HK$112.6b	HK$10.5b	17.1x	19.2x	1.8x
Mon, 03 Jun 2024	HK$209.2b	HK$111.0b	HK$10.3b	12.2x	20.3x	1.9x
Wed, 01 May 2024	HK$201.3b	HK$110.1b	HK$9.9b	14.4x	20.4x	1.8x
Fri, 29 Mar 2024	HK$199.1b	HK$107.3b	HK$8.8b	13.5x	22.5x	1.9x
Sun, 25 Feb 2024	HK$202.6b	HK$102.3b	HK$9.6b	21.8x	21.1x	2x
Tue, 23 Jan 2024	HK$200.0b	HK$102.3b	HK$9.6b	22.3x	20.8x	2x
Thu, 21 Dec 2023	HK$225.4b	HK$102.5b	HK$9.6b	23.7x	23.4x	2.2x
Sat, 18 Nov 2023	HK$230.9b	HK$101.8b	HK$9.6b	20x	24x	2.3x
Mon, 16 Oct 2023	HK$236.4b	HK$100.3b	HK$9.0b	19.1x	26.3x	2.4x
Wed, 13 Sep 2023	HK$240.8b	HK$100.4b	HK$9.0b	19.2x	26.8x	2.4x
Fri, 11 Aug 2023	HK$267.5b	HK$92.9b	HK$8.4b	18.7x	31.7x	2.9x
Sun, 09 Jul 2023	HK$265.5b	HK$92.9b	HK$8.4b	19.3x	31.5x	2.9x

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 13.6x which is lower than its 3-year average PE of 17.3x.

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 26% per year over the last three years.
Revenues for these companies have grown 7.0% 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	-2.90%
Industrials	-2.61%
Transportation	-1.01%
Cargo Ground Transportation	8.64%
Trucking	6.11%
Railroads	-1.63%

Industry PE

Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 55.7x.

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 17.2x.

Forecasted Growth

Despite it being negative, analysts are least pessimistic on the Railroads industry since they expect its earnings to decline by only 4.9% 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 2.5% per year.

In contrast, the Railroads industry is expected to see its earnings decline by 4.9% 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
2559 Dida	HK$2.45	87.0% +HK$1.2b	99.2%	PE16.6x
62 Transport International Holdings	HK$9.64	4.2% +HK$208.7m	8.9%	PE13x
2418 Deewin Tianxia	HK$2.88	0.7% +HK$43.0m	53.2%	PE78.5x
2169 Canggang Railway	HK$0.53	1.9% +HK$38.5m	-66.5%	PE30.5x
306 Kwoon Chung Bus Holdings	HK$2.81	2.9% +HK$38.1m	50.3%	PE7.1x

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.

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.

Hong Kong (HSI) Transportation Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Dividend increased to HK$0.06

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.

CaoCao Inc. Appoints Joseph Sifakis as Chief Scientific Advisor of the CaoCao AI Innovation Center

First half dividend of HK$0.10 announced

New major risk - Market cap size

66: Maintained Fair Value Will Support Higher Future P/E Repricing

Now 46% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 19%

Upcoming dividend of HK$0.50 per share

Canggang Railway (HKG:2169) Strong Profits May Be Masking Some Underlying Issues

C&N Holdings Limited, Annual General Meeting, Jun 30, 2026

Full year 2025 earnings released: CN¥1.49 loss per share (vs CN¥4.00 loss in FY 2024)