Canggang Railway Limited (HKG:2169) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Jan 30
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Hong Kong (HSI) Railroads Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies3
- 7D1.0%
- 3M-11.6%
- 1Y-1.8%
- YTDn/a
Over the last 7 days, the Railroads industry has risen 1.9%, driven by gains from every company within the industry. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 7.8% annually.
Industry Valuation and Performance
Has the Hong Kong Railroads Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Feb 2025 | HK$180.6b | HK$88.1b | HK$11.1b | 15.7x | 16.3x | 2x |
| Tue, 31 Dec 2024 | HK$198.8b | HK$87.8b | HK$11.0b | 17.4x | 18x | 2.3x |
| Thu, 28 Nov 2024 | HK$196.5b | HK$88.1b | HK$11.1b | 17.5x | 17.8x | 2.2x |
| Sat, 26 Oct 2024 | HK$205.4b | HK$88.2b | HK$11.1b | 18.4x | 18.5x | 2.3x |
| Mon, 23 Sep 2024 | HK$199.4b | HK$88.6b | HK$11.1b | 18x | 17.9x | 2.3x |
| Wed, 21 Aug 2024 | HK$196.5b | HK$88.1b | HK$11.0b | 17.5x | 17.8x | 2.2x |
| Fri, 19 Jul 2024 | HK$185.1b | HK$86.0b | HK$9.1b | 20.2x | 20.3x | 2.2x |
| Sun, 16 Jun 2024 | HK$181.1b | HK$86.1b | HK$9.1b | 19.9x | 19.8x | 2.1x |
| Tue, 14 May 2024 | HK$205.4b | HK$86.1b | HK$9.1b | 22.8x | 22.5x | 2.4x |
| Thu, 11 Apr 2024 | HK$187.4b | HK$85.7b | HK$9.0b | 20.7x | 20.8x | 2.2x |
| Sat, 09 Mar 2024 | HK$181.0b | HK$83.3b | HK$7.9b | 48.9x | 23x | 2.2x |
| Mon, 05 Feb 2024 | HK$185.6b | HK$78.7b | HK$9.4b | 98.7x | 19.8x | 2.4x |
| Wed, 03 Jan 2024 | HK$213.1b | HK$78.9b | HK$9.4b | 104.4x | 22.7x | 2.7x |
| Fri, 01 Dec 2023 | HK$200.7b | HK$78.9b | HK$9.4b | 102.5x | 21.4x | 2.5x |
| Sun, 29 Oct 2023 | HK$214.2b | HK$77.1b | HK$8.8b | 85.6x | 24.4x | 2.8x |
| Tue, 26 Sep 2023 | HK$218.1b | HK$77.2b | HK$8.8b | 71.8x | 24.9x | 2.8x |
| Thu, 24 Aug 2023 | HK$228.7b | HK$75.4b | HK$8.1b | 66.3x | 28.4x | 3x |
| Sat, 22 Jul 2023 | HK$252.0b | HK$71.1b | HK$8.6b | 52.6x | 29.3x | 3.5x |
| Mon, 19 Jun 2023 | HK$259.6b | HK$71.3b | HK$8.6b | 36.2x | 30.2x | 3.6x |
| Wed, 17 May 2023 | HK$268.0b | HK$71.9b | HK$8.6b | 33.2x | 31.3x | 3.7x |
| Fri, 14 Apr 2023 | HK$262.4b | HK$71.6b | HK$8.0b | 29.8x | 33x | 3.7x |
| Sun, 12 Mar 2023 | HK$266.0b | HK$71.5b | HK$8.0b | 27.5x | 33.5x | 3.7x |
| Tue, 07 Feb 2023 | HK$278.8b | HK$72.0b | HK$9.7b | 35.8x | 28.7x | 3.9x |
| Thu, 05 Jan 2023 | HK$280.8b | HK$71.6b | HK$9.7b | 40.1x | 28.8x | 3.9x |
| Sat, 03 Dec 2022 | HK$249.8b | HK$70.9b | HK$9.8b | 39.5x | 25.5x | 3.5x |
| Mon, 31 Oct 2022 | HK$229.0b | HK$70.5b | HK$9.8b | 25.2x | 23.3x | 3.3x |
| Wed, 28 Sep 2022 | HK$246.5b | HK$70.3b | HK$9.8b | 26.8x | 25.3x | 3.5x |
| Fri, 26 Aug 2022 | HK$266.8b | HK$72.1b | HK$10.2b | 21.3x | 26.1x | 3.7x |
| Sun, 24 Jul 2022 | HK$270.4b | HK$71.8b | HK$8.2b | 22x | 33.2x | 3.8x |
| Tue, 21 Jun 2022 | HK$271.7b | HK$71.9b | HK$8.1b | 25.4x | 33.3x | 3.8x |
| Thu, 19 May 2022 | HK$281.2b | HK$71.8b | HK$8.2b | 24.8x | 34.5x | 3.9x |
| Sat, 16 Apr 2022 | HK$277.6b | HK$72.5b | HK$8.5b | 23.9x | 32.9x | 3.8x |
| Mon, 14 Mar 2022 | HK$274.4b | HK$72.0b | HK$10.0b | 26.6x | 27.4x | 3.8x |
| Wed, 09 Feb 2022 | HK$284.8b | HK$67.9b | -HK$1,343,643,277.00 | 28.5x | -212x | 4.2x |
Price to Earnings Ratio
-212x
Current Industry PE
- There are only 3 companies in the Hong Kong Railroads industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Railroads industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.1% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Hong Kong Railroads compare with similar industries?
| HK Market | 0.39% | |
| Industrials | -0.62% | |
| Transportation | 1.01% | |
| Railroads | 0.97% | |
| Cargo Ground Transportation | 2.31% | |
| Trucking | -0.29% | |
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 | |
|---|---|---|---|---|---|
| 66 MTR | HK$24.35 | 0.8% +HK$1.2b | -4.9% | PE15.7x | |
| 525 Guangshen Railway | HK$2.09 | 1.5% +HK$212.5m | 40.3% | PE11x | |
| 2169 Canggang Railway | HK$1.45 | 2.8% +HK$157.6m | -28.2% | PE98.1x |