Zhixin Group Holding (HKG:2187) Will Want To Turn Around Its Return Trends
Jan 30
Hong Kong (HSI) Basic Materials Industry Analysis
UpdatedJan 31, 2023
DataAggregated Company Financials
Companies18
- 7D-2.1%
- 3M34.3%
- 1Y-26.5%
- YTD5.6%
In the last week, the Basic Materials industry is up 2.0%, with Zhixin Group Holding up 19%. However, the industry is down 23% over the past year. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Hong Kong Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Jan 2023 | HK$333.8b | HK$682.9b | HK$50.4b | 6.1x | 6.6x | 0.5x |
| Thu, 29 Dec 2022 | HK$311.3b | HK$658.1b | HK$48.6b | 6.4x | 6.4x | 0.5x |
| Sat, 26 Nov 2022 | HK$307.8b | HK$644.5b | HK$47.6b | 6.3x | 6.5x | 0.5x |
| Mon, 24 Oct 2022 | HK$289.2b | HK$673.5b | HK$57.6b | 5.2x | 5x | 0.4x |
| Wed, 21 Sep 2022 | HK$323.3b | HK$696.4b | HK$61.0b | 5.2x | 5.3x | 0.5x |
| Fri, 19 Aug 2022 | HK$355.9b | HK$754.5b | HK$71.6b | 5.9x | 5x | 0.5x |
| Sun, 17 Jul 2022 | HK$374.2b | HK$760.6b | HK$74.5b | 4.9x | 5x | 0.5x |
| Tue, 14 Jun 2022 | HK$389.1b | HK$766.2b | HK$74.9b | 5x | 5.2x | 0.5x |
| Thu, 12 May 2022 | HK$432.2b | HK$763.5b | HK$74.7b | 5.8x | 5.8x | 0.6x |
| Sat, 09 Apr 2022 | HK$484.2b | HK$817.3b | HK$80.6b | 6.2x | 6x | 0.6x |
| Mon, 07 Mar 2022 | HK$466.9b | HK$821.8b | HK$80.8b | 6.1x | 5.8x | 0.6x |
| Wed, 02 Feb 2022 | HK$457.3b | HK$815.1b | HK$80.2b | 6.1x | 5.7x | 0.6x |
| Fri, 31 Dec 2021 | HK$448.4b | HK$814.1b | HK$80.1b | 5.6x | 5.6x | 0.6x |
| Sun, 28 Nov 2021 | HK$420.4b | HK$810.7b | HK$80.4b | 5.5x | 5.2x | 0.5x |
| Tue, 26 Oct 2021 | HK$461.5b | HK$821.4b | HK$82.8b | 6.1x | 5.6x | 0.6x |
| Thu, 23 Sep 2021 | HK$524.1b | HK$812.8b | HK$83.5b | 6.4x | 6.3x | 0.6x |
| Sat, 21 Aug 2021 | HK$472.6b | HK$811.8b | HK$83.4b | 7x | 5.7x | 0.6x |
| Sat, 05 Jun 2021 | HK$529.7b | HK$794.6b | HK$83.7b | 7.1x | 6.3x | 0.7x |
| Tue, 09 Mar 2021 | HK$565.7b | HK$747.8b | HK$80.3b | 7.4x | 7x | 0.8x |
| Mon, 30 Nov 2020 | HK$569.0b | HK$695.6b | HK$77.1b | 7.4x | 7.4x | 0.8x |
| Thu, 03 Sep 2020 | HK$609.8b | HK$644.0b | HK$70.9b | 8.3x | 8.6x | 0.9x |
| Sun, 07 Jun 2020 | HK$553.6b | HK$629.6b | HK$67.7b | 7.8x | 8.2x | 0.9x |
| Sat, 29 Feb 2020 | HK$558.7b | HK$667.3b | HK$73.7b | 7.1x | 7.6x | 0.8x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Basic Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 6.5x.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 12% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 Materials industry?
| HK Market | 0.072% | |
| Materials | -1.01% | |
| Basic Materials | -2.09% | |
| Construction Materials | -2.09% | |
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 | |
|---|---|---|---|---|---|
| 2187 Zhixin Group Holding | HK$3.44 | 18.6% +HK$403.9m | 57.8% | PE207x | |
| 691 China Shanshui Cement Group | HK$1.72 | 3.6% +HK$261.2m | -15.3% | PE3.1x | |
| 6193 Tailam Tech Construction Holdings | HK$0.32 | 1.6% +HK$2.0m | -17.1% | PS0.3x |
