What Dongwu Cement International Limited's (HKG:695) 26% Share Price Gain Is Not Telling You
Jul 24
Hong Kong (HSI) Basic Materials Industry Analysis
UpdatedAug 03, 2024
DataAggregated Company Financials
Companies17
- 7D-1.7%
- 3M-2.8%
- 1Y-30.0%
- YTD-2.9%
Over the last 7 days, the Basic Materials industry has dropped 1.7%, driven by Anhui Conch Cement declining 2.4%. However, the industry is down 30% over the past year. Looking forward, earnings are forecast to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Sat, 03 Aug 2024 | HK$185.6b | HK$536.0b | HK$12.6b | 12.9x | 14.7x | 0.3x |
| Mon, 01 Jul 2024 | HK$187.5b | HK$539.8b | HK$11.8b | 12.4x | 15.9x | 0.3x |
| Wed, 29 May 2024 | HK$204.2b | HK$541.6b | HK$11.9b | 13.8x | 17.2x | 0.4x |
| Fri, 26 Apr 2024 | HK$185.7b | HK$574.0b | HK$15.2b | 13.3x | 12.2x | 0.3x |
| Sun, 24 Mar 2024 | HK$199.6b | HK$567.6b | HK$13.8b | 12.7x | 14.5x | 0.4x |
| Tue, 20 Feb 2024 | HK$208.9b | HK$576.3b | HK$17.5b | 14x | 11.9x | 0.4x |
| Thu, 18 Jan 2024 | HK$199.9b | HK$576.8b | HK$17.5b | 11.5x | 11.4x | 0.3x |
| Sat, 16 Dec 2023 | HK$206.2b | HK$582.2b | HK$17.7b | 14.9x | 11.6x | 0.4x |
| Mon, 13 Nov 2023 | HK$220.5b | HK$568.6b | HK$17.3b | 13.6x | 12.8x | 0.4x |
| Wed, 11 Oct 2023 | HK$231.6b | HK$575.6b | HK$19.5b | 10.4x | 11.9x | 0.4x |
| Fri, 08 Sep 2023 | HK$248.6b | HK$574.7b | HK$19.4b | 12.2x | 12.8x | 0.4x |
| Sun, 06 Aug 2023 | HK$276.9b | HK$596.7b | HK$24.7b | 12.5x | 11.2x | 0.5x |
| Tue, 04 Jul 2023 | HK$261.6b | HK$593.8b | HK$25.3b | 10.5x | 10.3x | 0.4x |
| Thu, 01 Jun 2023 | HK$258.7b | HK$605.3b | HK$25.8b | 10.5x | 10x | 0.4x |
| Sat, 29 Apr 2023 | HK$294.0b | HK$629.9b | HK$30.7b | 10.4x | 9.6x | 0.5x |
| Mon, 27 Mar 2023 | HK$324.9b | HK$642.5b | HK$43.4b | 9x | 7.5x | 0.5x |
| Wed, 22 Feb 2023 | HK$353.6b | HK$671.6b | HK$49.6b | 6.5x | 7.1x | 0.5x |
| Fri, 20 Jan 2023 | HK$333.8b | HK$679.2b | HK$50.1b | 6.8x | 6.7x | 0.5x |
| Sun, 18 Dec 2022 | HK$326.3b | HK$657.8b | HK$48.5b | 6.5x | 6.7x | 0.5x |
| Tue, 15 Nov 2022 | HK$299.8b | HK$650.2b | HK$48.0b | 6.2x | 6.2x | 0.5x |
| Thu, 13 Oct 2022 | HK$293.5b | HK$682.7b | HK$59.8b | 4.5x | 4.9x | 0.4x |
| Sat, 10 Sep 2022 | HK$348.2b | HK$701.0b | HK$61.4b | 5.4x | 5.7x | 0.5x |
| Mon, 08 Aug 2022 | HK$355.2b | HK$759.6b | HK$73.1b | 5x | 4.9x | 0.5x |
| Wed, 06 Jul 2022 | HK$396.8b | HK$766.3b | HK$75.0b | 5.2x | 5.3x | 0.5x |
| Fri, 03 Jun 2022 | HK$426.2b | HK$769.9b | HK$75.3b | 6.1x | 5.7x | 0.6x |
| Sun, 01 May 2022 | HK$459.4b | HK$778.4b | HK$76.5b | 5.9x | 6x | 0.6x |
| Tue, 29 Mar 2022 | HK$441.2b | HK$817.3b | HK$82.7b | 5.4x | 5.3x | 0.5x |
| Thu, 24 Feb 2022 | HK$487.2b | HK$821.6b | HK$80.8b | 6.5x | 6x | 0.6x |
| Sat, 22 Jan 2022 | HK$477.2b | HK$816.4b | HK$80.3b | 6.2x | 5.9x | 0.6x |
| Mon, 20 Dec 2021 | HK$447.6b | HK$813.7b | HK$80.1b | 5.6x | 5.6x | 0.6x |
| Wed, 17 Nov 2021 | HK$436.9b | HK$811.6b | HK$80.5b | 5.6x | 5.4x | 0.5x |
| Fri, 15 Oct 2021 | HK$476.0b | HK$816.6b | HK$83.8b | 5.9x | 5.7x | 0.6x |
| Sun, 12 Sep 2021 | HK$548.1b | HK$811.8b | HK$83.4b | 7.4x | 6.6x | 0.7x |
| Tue, 10 Aug 2021 | HK$476.0b | HK$811.8b | HK$83.4b | 7x | 5.7x | 0.6x |
Price to Earnings Ratio
5.7x
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 14.7x which is higher than its 3-year average PE of 8.8x.
- The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 47% per year over the last three years,
- Revenues have also declined 13% 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 | -0.018% | |
| Materials | 0.25% | |
| Basic Materials | -1.73% | |
| Construction Materials | -1.73% | |
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 | |
|---|---|---|---|---|---|
| 2009 BBMG | HK$0.58 | 3.6% +HK$213.6m | -36.3% | PS0.06x | |
| 2233 West China Cement | HK$1.08 | 0.9% +HK$54.5m | 33.3% | PE12.9x | |
| 2450 Huaibei GreenGold Industry Investment | HK$1.17 | 14.7% +HK$39.6m | 82.8% | PE7.6x | |
| 8427 SK Target Group | HK$0.55 | 31.0% +HK$17.7m | 409.3% | PE120.2x | |
| 2212 Future Bright Mining Holdings | HK$0.20 | 5.4% +HK$10.5m | -22.0% | PS2.4x |
