Sunway International Holdings Limited (HKG:58) May Have Run Too Fast Too Soon With Recent 64% Price Plummet
Dec 30
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Hong Kong (HSI) Construction Materials Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies18
- 7D1.1%
- 3M-8.6%
- 1Y2.6%
- YTDn/a
In the last week, the Construction Materials industry is up 1.1%, with Anhui Conch Cement up 1.9%. During this same period, the West China Cement underperformed, falling 5.7%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Hong Kong Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | HK$206.6b | HK$500.2b | HK$5.9b | 33.2x | 35.3x | 0.4x |
| Thu, 28 Nov 2024 | HK$213.0b | HK$498.7b | HK$6.8b | 31.6x | 31.5x | 0.4x |
| Sat, 26 Oct 2024 | HK$212.5b | HK$517.3b | HK$5.7b | 50.5x | 37.2x | 0.4x |
| Mon, 23 Sep 2024 | HK$165.6b | HK$524.5b | HK$5.8b | 36.9x | 28.5x | 0.3x |
| Wed, 21 Aug 2024 | HK$177.5b | HK$533.6b | HK$11.3b | 17.4x | 15.7x | 0.3x |
| Fri, 19 Jul 2024 | HK$199.2b | HK$531.8b | HK$12.5b | 13.7x | 15.9x | 0.4x |
| Sun, 16 Jun 2024 | HK$190.4b | HK$540.9b | HK$11.9b | 13.1x | 16.1x | 0.4x |
| Tue, 14 May 2024 | HK$203.0b | HK$542.5b | HK$11.9b | 14.8x | 17.1x | 0.4x |
| Thu, 11 Apr 2024 | HK$184.3b | HK$575.3b | HK$14.9b | 12.3x | 12.4x | 0.3x |
| Sat, 09 Mar 2024 | HK$208.2b | HK$575.9b | HK$17.5b | 12.7x | 11.9x | 0.4x |
| Mon, 05 Feb 2024 | HK$198.7b | HK$576.7b | HK$17.5b | 14.5x | 11.3x | 0.3x |
| Wed, 03 Jan 2024 | HK$208.8b | HK$580.3b | HK$17.7b | 14.2x | 11.8x | 0.4x |
| Fri, 01 Dec 2023 | HK$216.0b | HK$580.1b | HK$17.6b | 13.2x | 12.2x | 0.4x |
| Sun, 29 Oct 2023 | HK$226.9b | HK$576.7b | HK$19.1b | 10.9x | 11.9x | 0.4x |
| Tue, 26 Sep 2023 | HK$244.4b | HK$574.6b | HK$19.4b | 11.2x | 12.6x | 0.4x |
| Thu, 24 Aug 2023 | HK$251.9b | HK$588.7b | HK$22.4b | 11.5x | 11.2x | 0.4x |
| Sat, 22 Jul 2023 | HK$251.0b | HK$597.8b | HK$25.5b | 9.6x | 9.9x | 0.4x |
| Mon, 19 Jun 2023 | HK$279.4b | HK$602.5b | HK$25.7b | 10.8x | 10.9x | 0.5x |
| Wed, 17 May 2023 | HK$288.6b | HK$617.0b | HK$26.3b | 11.7x | 11x | 0.5x |
| Fri, 14 Apr 2023 | HK$313.8b | HK$626.6b | HK$33.6b | 10.3x | 9.3x | 0.5x |
| Sun, 12 Mar 2023 | HK$328.2b | HK$667.8b | HK$49.0b | 6.3x | 6.7x | 0.5x |
| Tue, 07 Feb 2023 | HK$328.1b | HK$680.7b | HK$50.2b | 6x | 6.5x | 0.5x |
| Thu, 05 Jan 2023 | HK$319.8b | HK$668.8b | HK$49.3b | 6.8x | 6.5x | 0.5x |
| Sat, 03 Dec 2022 | HK$313.6b | HK$651.2b | HK$48.1b | 5.9x | 6.5x | 0.5x |
| Mon, 31 Oct 2022 | HK$260.9b | HK$653.0b | HK$51.7b | 5.2x | 5x | 0.4x |
| Wed, 28 Sep 2022 | HK$308.2b | HK$684.1b | HK$59.9b | 4.7x | 5.1x | 0.5x |
| Fri, 26 Aug 2022 | HK$353.0b | HK$746.0b | HK$70.5b | 5.6x | 5x | 0.5x |
| Sun, 24 Jul 2022 | HK$365.9b | HK$761.0b | HK$74.5b | 4.8x | 4.9x | 0.5x |
| Tue, 21 Jun 2022 | HK$391.9b | HK$764.9b | HK$74.9b | 4.9x | 5.2x | 0.5x |
| Thu, 19 May 2022 | HK$426.0b | HK$763.5b | HK$74.4b | 5.9x | 5.7x | 0.6x |
| Sat, 16 Apr 2022 | HK$475.1b | HK$815.7b | HK$80.4b | 6x | 5.9x | 0.6x |
| Mon, 14 Mar 2022 | HK$439.4b | HK$820.6b | HK$80.7b | 5.8x | 5.4x | 0.5x |
| Wed, 09 Feb 2022 | HK$486.0b | HK$814.8b | HK$80.2b | 6.4x | 6.1x | 0.6x |
| Fri, 07 Jan 2022 | HK$459.8b | HK$814.4b | HK$80.1b | n/a | 5.7x | 0.6x |
Price to Earnings Ratio
5.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Construction Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.3x which is higher than its 3-year average PE of 12.1x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Construction Materials industry have declined 58% 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 Comparison
How does Hong Kong Construction Materials compare with similar industries?
| HK Market | 2.11% | |
| Materials | 1.69% | |
| Basic Materials | 1.06% | |
| Construction Materials | 1.06% | |
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 | |
|---|---|---|---|---|---|
| 914 Anhui Conch Cement | HK$19.68 | 0.5% +HK$527.7m | 9.1% | PE13.5x | |
| 743 Asia Cement (China) Holdings | HK$2.37 | 2.6% +HK$94.0m | -2.9% | PS0.6x | |
| 3323 China National Building Material | HK$3.61 | 0.3% +HK$84.3m | 8.1% | PE34.7x | |
| 58 Sunway International Holdings | HK$0.33 | 25.0% +HK$14.0m | 339.2% | PS0.3x | |
| 8427 WS-SK Target Group | HK$16.96 | 2.2% +HK$5.9m | 1,500.0% | PE1477.9x |
