China National Building Material Company Limited (HKG:3323) Screens Well But There Might Be A Catch
Aug 16
Hong Kong (HSI) Basic Materials Industry Analysis
UpdatedAug 27, 2024
DataAggregated Company Financials
Companies17
- 7D-2.6%
- 3M-15.3%
- 1Y-25.3%
- YTD-8.5%
Over the last 7 days, the Basic Materials industry has dropped 2.6%, driven by Anhui Conch Cement declining 2.4%. Overall the industry is down 25% in 12 months. Earnings are forecast to grow by 17% 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, 27 Aug 2024 | HK$174.9b | HK$535.8b | HK$11.3b | 15.3x | 15.4x | 0.3x |
| Thu, 25 Jul 2024 | HK$189.7b | HK$530.6b | HK$12.5b | 13x | 15.2x | 0.4x |
| Sat, 22 Jun 2024 | HK$192.8b | HK$539.9b | HK$11.8b | 12.4x | 16.3x | 0.4x |
| Mon, 20 May 2024 | HK$214.4b | HK$542.7b | HK$11.9b | 15.2x | 18x | 0.4x |
| Wed, 17 Apr 2024 | HK$187.6b | HK$574.9b | HK$14.9b | 12.6x | 12.6x | 0.3x |
| Fri, 15 Mar 2024 | HK$207.4b | HK$576.1b | HK$17.5b | 12.2x | 11.9x | 0.4x |
| Sun, 11 Feb 2024 | HK$207.8b | HK$579.3b | HK$17.6b | 14.1x | 11.8x | 0.4x |
| Tue, 09 Jan 2024 | HK$205.5b | HK$578.3b | HK$17.6b | 13.2x | 11.7x | 0.4x |
| Thu, 07 Dec 2023 | HK$209.9b | HK$578.5b | HK$17.6b | 13x | 11.9x | 0.4x |
| Sat, 04 Nov 2023 | HK$226.1b | HK$568.0b | HK$17.2b | 13.5x | 13.1x | 0.4x |
| Mon, 02 Oct 2023 | HK$241.8b | HK$576.1b | HK$19.5b | 10.6x | 12.4x | 0.4x |
| Wed, 30 Aug 2023 | HK$253.4b | HK$578.3b | HK$19.6b | 11.8x | 12.9x | 0.4x |
| Fri, 28 Jul 2023 | HK$263.9b | HK$599.4b | HK$25.5b | 10.1x | 10.3x | 0.4x |
| Sun, 25 Jun 2023 | HK$259.1b | HK$598.9b | HK$25.5b | 10.6x | 10.2x | 0.4x |
| Tue, 23 May 2023 | HK$235.6b | HK$610.7b | HK$26.0b | 11.8x | 9.1x | 0.4x |
| Thu, 20 Apr 2023 | HK$305.0b | HK$625.2b | HK$33.5b | 10.2x | 9.1x | 0.5x |
| Sat, 18 Mar 2023 | HK$332.4b | HK$666.3b | HK$47.6b | 7.4x | 7x | 0.5x |
| Mon, 13 Feb 2023 | HK$329.4b | HK$678.6b | HK$50.1b | 6x | 6.6x | 0.5x |
| Wed, 11 Jan 2023 | HK$325.2b | HK$677.5b | HK$49.9b | 6.6x | 6.5x | 0.5x |
| Fri, 09 Dec 2022 | HK$319.6b | HK$658.0b | HK$48.5b | 6x | 6.6x | 0.5x |
| Sun, 06 Nov 2022 | HK$271.8b | HK$635.1b | HK$47.0b | 5.4x | 5.8x | 0.4x |
| Tue, 04 Oct 2022 | HK$306.5b | HK$687.3b | HK$60.2b | 4.6x | 5.1x | 0.4x |
| Thu, 01 Sep 2022 | HK$348.2b | HK$705.2b | HK$62.2b | 5.4x | 5.6x | 0.5x |
| Sat, 30 Jul 2022 | HK$363.2b | HK$761.6b | HK$74.6b | 4.7x | 4.9x | 0.5x |
| Mon, 27 Jun 2022 | HK$377.7b | HK$767.8b | HK$75.2b | 4.9x | 5x | 0.5x |
| Wed, 25 May 2022 | HK$423.5b | HK$772.6b | HK$75.5b | 5.9x | 5.6x | 0.5x |
| Fri, 22 Apr 2022 | HK$438.6b | HK$810.8b | HK$79.9b | 5.6x | 5.5x | 0.5x |
| Sun, 20 Mar 2022 | HK$443.9b | HK$818.7b | HK$80.5b | 6x | 5.5x | 0.5x |
| Tue, 15 Feb 2022 | HK$490.9b | HK$815.8b | HK$80.3b | 6.5x | 6.1x | 0.6x |
| Thu, 13 Jan 2022 | HK$475.7b | HK$813.3b | HK$80.0b | 6.1x | 5.9x | 0.6x |
| Sat, 11 Dec 2021 | HK$439.1b | HK$812.9b | HK$80.0b | 5.6x | 5.5x | 0.5x |
| Mon, 08 Nov 2021 | HK$429.8b | HK$808.4b | HK$80.2b | 5.8x | 5.4x | 0.5x |
| Wed, 06 Oct 2021 | HK$472.9b | HK$815.0b | HK$83.7b | 5.9x | 5.7x | 0.6x |
| Fri, 03 Sep 2021 | HK$510.4b | HK$811.8b | HK$83.4b | 7.2x | 6.1x | 0.6x |
Price to Earnings Ratio
6.1x
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 15.4x which is higher than its 3-year average PE of 9.0x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 49% 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 | 0.49% | |
| Materials | 1.43% | |
| Basic Materials | -2.58% | |
| Construction Materials | -2.58% | |
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$2.40 | 3.4% +HK$674.8m | -42.3% | PE6.1x | |
| 695 Dongwu Cement International | HK$1.65 | 9.3% +HK$77.3m | -53.5% | PS3.3x | |
| 366 Luks Group (Vietnam Holdings) | HK$0.80 | 6.7% +HK$25.1m | -19.2% | PS1x |
