Earnings Troubles May Signal Larger Issues for Transport International Holdings (HKG:62) Shareholders
Apr 25
Hong Kong (HSI) Trucking Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies3
- 7D2.6%
- 3M1.2%
- 1Y-13.6%
- YTDn/a
Over the last 7 days, the Trucking industry has remained flat. As for the longer term, the industry has declined 15% in the last year.
Industry Valuation and Performance
Has the Hong Kong Trucking Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | HK$5.5b | HK$9.9b | HK$318.6m | 11.3x | 17.3x | 0.6x |
| Sat, 06 Apr 2024 | HK$5.4b | HK$9.9b | HK$318.6m | 11x | 17x | 0.5x |
| Mon, 04 Mar 2024 | HK$5.4b | HK$9.4b | HK$87.9m | 25.7x | 61.2x | 0.6x |
| Wed, 31 Jan 2024 | HK$5.6b | HK$9.4b | HK$87.9m | 26.3x | 63.3x | 0.6x |
| Fri, 29 Dec 2023 | HK$5.6b | HK$9.4b | HK$87.9m | 27.2x | 63.6x | 0.6x |
| Sun, 26 Nov 2023 | HK$5.6b | HK$9.2b | HK$79.5m | 15.8x | 70x | 0.6x |
| Tue, 24 Oct 2023 | HK$5.8b | HK$9.2b | HK$79.5m | 16.7x | 73x | 0.6x |
| Thu, 21 Sep 2023 | HK$5.9b | HK$9.2b | HK$79.5m | 16.8x | 73.9x | 0.6x |
| Sat, 19 Aug 2023 | HK$6.1b | HK$9.2b | HK$79.5m | 17.6x | 76.7x | 0.7x |
| Mon, 17 Jul 2023 | HK$6.2b | HK$8.3b | HK$52.2m | 20.3x | 117.9x | 0.7x |
| Wed, 14 Jun 2023 | HK$5.8b | HK$8.2b | HK$61.6m | 32.5x | 93.9x | 0.7x |
| Fri, 12 May 2023 | HK$6.2b | HK$8.2b | HK$61.6m | 33.9x | 100.9x | 0.8x |
| Sun, 09 Apr 2023 | HK$10.1b | HK$15.3b | HK$63.2m | 35x | 160.3x | 0.7x |
| Tue, 07 Mar 2023 | HK$14.6b | HK$22.3b | HK$865.6m | 11.7x | 16.8x | 0.7x |
| Thu, 02 Feb 2023 | HK$15.2b | HK$22.7b | HK$888.3m | 11.4x | 17.2x | 0.7x |
| Sat, 31 Dec 2022 | HK$14.5b | HK$22.3b | HK$863.9m | 10.1x | 16.8x | 0.6x |
| Mon, 28 Nov 2022 | HK$10.1b | HK$21.7b | HK$782.3m | 6.4x | 13x | 0.5x |
| Wed, 26 Oct 2022 | HK$9.8b | HK$21.6b | HK$758.6m | 6.6x | 12.9x | 0.5x |
| Fri, 23 Sep 2022 | HK$11.8b | HK$22.0b | HK$781.9m | 7.4x | 15x | 0.5x |
| Sun, 21 Aug 2022 | HK$13.6b | HK$23.4b | -HK$1,937,935,832.00 | 10.4x | -7x | 0.6x |
| Tue, 19 Jul 2022 | HK$15.3b | HK$24.0b | -HK$1,843,654,125.00 | 10.9x | -8.3x | 0.6x |
| Thu, 16 Jun 2022 | HK$11.6b | HK$20.3b | -HK$2,157,671,821.00 | 11.7x | -5.4x | 0.6x |
| Sat, 14 May 2022 | HK$12.0b | HK$20.2b | -HK$2,135,057,406.00 | 8.3x | -5.6x | 0.6x |
| Mon, 11 Apr 2022 | HK$12.0b | HK$21.0b | -HK$2,286,015,920.00 | 8.1x | -5.2x | 0.6x |
| Wed, 09 Mar 2022 | HK$6.9b | HK$8.4b | HK$1.9b | 8.1x | 3.6x | 0.8x |
| Fri, 04 Feb 2022 | HK$7.4b | HK$8.4b | HK$1.9b | 8.7x | 3.8x | 0.9x |
| Sun, 02 Jan 2022 | HK$7.4b | HK$8.4b | HK$1.9b | 8.8x | 3.8x | 0.9x |
| Tue, 30 Nov 2021 | HK$7.6b | HK$8.3b | HK$1.9b | 8.7x | 3.9x | 0.9x |
| Thu, 28 Oct 2021 | HK$7.7b | HK$8.3b | HK$2.0b | 8.2x | 3.9x | 0.9x |
| Sat, 25 Sep 2021 | HK$7.7b | HK$8.3b | HK$2.0b | 8.1x | 3.9x | 0.9x |
| Mon, 23 Aug 2021 | HK$8.1b | HK$8.3b | HK$2.0b | 8.7x | 4.2x | 1x |
| Sat, 10 Jul 2021 | HK$8.7b | HK$8.3b | HK$2.0b | 8.7x | 4.5x | 1x |
Price to Earnings Ratio
4.5x
Current Industry PE
- There are only 3 companies in the Hong Kong Trucking industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Trucking industry have declined 45% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.6% 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 Comparison
How does Hong Kong Trucking compare with similar industries?
| HK Market | 2.52% | |
| Industrials | 3.39% | |
| Transportation | 4.72% | |
| Trucking | 2.65% | |
| Cargo Ground Transportation | 6.28% | |
| Railroads | 4.70% | |
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 | |
|---|---|---|---|---|---|
| 62 Transport International Holdings | HK$9.23 | 2.7% +HK$118.6m | -12.4% | PE11.4x | |
| 306 Kwoon Chung Bus Holdings | HK$1.68 | 3.7% +HK$28.6m | -19.2% | PS0.5x |