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Hong Kong (HSI) Basic Materials Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies17
- 7D0.3%
- 3M28.8%
- 1Y8.2%
- YTD16.4%
Last week, the Basic Materials industry hasn't moved much but West China Cement is up 6.8% in that time. The past year has been better, since the industry has gained 6.6% in that time. Looking forward, earnings are forecast to grow by 27% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$217.2b | HK$498.4b | HK$6.8b | 32.4x | 32.2x | 0.4x |
| Sat, 19 Oct 2024 | HK$209.6b | HK$518.8b | HK$5.7b | 49.3x | 36.6x | 0.4x |
| Mon, 16 Sep 2024 | HK$163.5b | HK$521.9b | HK$5.8b | 36x | 28.3x | 0.3x |
| Wed, 14 Aug 2024 | HK$185.1b | HK$534.1b | HK$11.9b | 12.7x | 15.6x | 0.3x |
| Fri, 12 Jul 2024 | HK$196.4b | HK$531.5b | HK$12.5b | 13x | 15.7x | 0.4x |
| Sun, 09 Jun 2024 | HK$196.7b | HK$541.5b | HK$11.9b | 13.9x | 16.6x | 0.4x |
| Tue, 07 May 2024 | HK$192.8b | HK$552.1b | HK$12.8b | 13.7x | 15x | 0.3x |
| Thu, 04 Apr 2024 | HK$201.6b | HK$574.8b | HK$14.9b | 12.4x | 13.5x | 0.4x |
| Sat, 02 Mar 2024 | HK$210.5b | HK$576.7b | HK$17.5b | 13x | 12x | 0.4x |
| Mon, 29 Jan 2024 | HK$202.0b | HK$579.6b | HK$17.6b | 11.6x | 11.5x | 0.3x |
| Wed, 27 Dec 2023 | HK$203.4b | HK$580.3b | HK$17.7b | 14.4x | 11.5x | 0.4x |
| Fri, 24 Nov 2023 | HK$225.3b | HK$579.1b | HK$17.6b | 13.7x | 12.8x | 0.4x |
| Sun, 22 Oct 2023 | HK$219.4b | HK$574.6b | HK$19.4b | 9.9x | 11.3x | 0.4x |
| Tue, 19 Sep 2023 | HK$245.2b | HK$575.8b | HK$19.5b | 11.6x | 12.6x | 0.4x |
| Thu, 17 Aug 2023 | HK$256.5b | HK$587.4b | HK$24.3b | 11.5x | 10.6x | 0.4x |
| Sat, 15 Jul 2023 | HK$249.5b | HK$601.0b | HK$25.6b | 9.4x | 9.7x | 0.4x |
| Mon, 12 Jun 2023 | HK$271.3b | HK$603.7b | HK$25.7b | 11x | 10.6x | 0.4x |
| Wed, 10 May 2023 | HK$300.1b | HK$620.9b | HK$26.5b | 11.6x | 11.3x | 0.5x |
| Fri, 07 Apr 2023 | HK$310.9b | HK$626.9b | HK$33.6b | 10.3x | 9.3x | 0.5x |
| Sun, 05 Mar 2023 | HK$350.8b | HK$668.1b | HK$49.0b | 6.8x | 7.2x | 0.5x |
| 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 |
Price to Earnings Ratio
5.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.9x which is higher than its 3-year average PE of 11.0x.
- The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 56% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | 0.42% | |
| Materials | 0.21% | |
| Basic Materials | 0.33% | |
| Construction Materials | 0.33% | |
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 | |
|---|---|---|---|---|---|
| 3323 China National Building Material | HK$3.46 | 8.1% +HK$2.2b | -9.4% | PE32.9x | |
| 914 Anhui Conch Cement | HK$21.35 | 1.4% +HK$1.6b | 9.9% | PE14.5x | |
| 2233 West China Cement | HK$1.50 | 17.2% +HK$1.2b | 108.3% | PE27.6x | |
| 2009 BBMG | HK$0.83 | 3.8% +HK$320.3m | 5.1% | PS0.07x | |
| 2450 Huaibei GreenGold Industry Investment | HK$1.74 | 23.4% +HK$87.1m | 180.6% | PE31.9x |
