Header cover image

Hong Kong (HSI) Packaging Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies21
  • 7D-3.9%
  • 3M-11.6%
  • 1Y4.2%
  • YTD-10.7%

Over the last 7 days, the Packaging industry has dropped 3.9%, driven by pullbacks in China Sunshine Paper Holdings and Jia Yao Holdings of 6.8% and 5.5%, respectively. In the past year, the industry has gained 4.2%. Looking forward, earnings are forecast to grow by 8.7% annually.

Industry Valuation and Performance

Has the Hong Kong Packaging Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$22.1bHK$39.2bHK$946.1m14.8x23.4x0.6x
Wed, 14 Feb 2024HK$22.3bHK$39.2bHK$938.4m16.7x23.8x0.6x
Fri, 12 Jan 2024HK$24.6bHK$39.4bHK$943.8m18.9x26.1x0.6x
Sun, 10 Dec 2023HK$24.5bHK$39.3bHK$941.4m18.9x26.1x0.6x
Tue, 07 Nov 2023HK$24.8bHK$39.1bHK$928.2m15.5x26.8x0.6x
Thu, 05 Oct 2023HK$24.3bHK$39.0bHK$924.1m15.1x26.3x0.6x
Sat, 02 Sep 2023HK$23.5bHK$39.2bHK$935.6m15.4x25.1x0.6x
Mon, 31 Jul 2023HK$22.0bHK$40.5bHK$818.2m14.1x26.8x0.5x
Wed, 28 Jun 2023HK$20.8bHK$40.8bHK$733.0m13.8x28.3x0.5x
Fri, 26 May 2023HK$20.9bHK$41.5bHK$761.0m13.8x27.5x0.5x
Sun, 23 Apr 2023HK$21.5bHK$42.4bHK$799.5m11.9x26.9x0.5x
Tue, 21 Mar 2023HK$20.3bHK$42.1bHK$740.5m10.1x27.3x0.5x
Thu, 16 Feb 2023HK$20.4bHK$42.4bHK$771.0m10.6x26.4x0.5x
Sat, 14 Jan 2023HK$18.9bHK$42.8bHK$789.8m9.5x23.9x0.4x
Mon, 12 Dec 2022HK$17.6bHK$41.5bHK$734.0m9.3x24x0.4x
Wed, 09 Nov 2022HK$16.4bHK$40.9bHK$1.2b7.9x14.1x0.4x
Fri, 07 Oct 2022HK$16.0bHK$41.2bHK$1.2b7.6x13.6x0.4x
Sun, 04 Sep 2022HK$17.0bHK$42.3bHK$1.2b7.5x13.9x0.4x
Tue, 02 Aug 2022HK$16.5bHK$41.7bHK$1.7b7.7x9.5x0.4x
Thu, 30 Jun 2022HK$17.4bHK$41.5bHK$2.1b7.7x8.4x0.4x
Sat, 28 May 2022HK$18.2bHK$41.4bHK$2.1b7.8x8.9x0.4x
Mon, 25 Apr 2022HK$19.6bHK$42.6bHK$2.1b8.3x9.3x0.5x
Wed, 23 Mar 2022HK$21.2bHK$40.4bHK$2.6b8.3x8.3x0.5x
Fri, 18 Feb 2022HK$23.0bHK$40.4bHK$2.6b9.2x9x0.6x
Sun, 16 Jan 2022HK$21.9bHK$40.3bHK$2.5b9.2x8.6x0.5x
Tue, 14 Dec 2021HK$22.8bHK$40.3bHK$2.5b8.1x9x0.6x
Thu, 11 Nov 2021HK$21.0bHK$40.0bHK$2.0b8.3x10.5x0.5x
Sat, 09 Oct 2021HK$20.6bHK$39.7bHK$2.0b8.3x10.4x0.5x
Mon, 06 Sep 2021HK$22.7bHK$39.6bHK$2.0b9.3x11.5x0.6x
Wed, 04 Aug 2021HK$23.1bHK$40.6bHK$1.6b9.1x14.6x0.6x
Sat, 08 May 2021HK$24.7bHK$37.9bHK$1.4b12.8x18x0.7x
Price to Earnings Ratio

18.1x


Total Market Cap: HK$24.9bTotal Earnings: HK$1.4bTotal Revenue: HK$37.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Packaging Industry Price to Earnings3Y Average 18.1x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Packaging industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.4x which is higher than its 3-year average PE of 18.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Packaging 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 Market1.55%
Materials5.14%
Packaging-3.90%
Metal and Glass Containers0.25%
Paper Packaging-6.84%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry, which is trading close to its 3-year average PE ratio of 39.5x.
    • Analysts are expecting annual earnings growth of 8.7%, which is higher than its past year's earnings decline of 39.4% per year.
  • Investors are most pessimistic about the Metal and Glass Containers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.8x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 8.7% over the next 5 years.
  • This is better than its past earnings decline of 39% per year.
  • In contrast, the Paper Packaging industry is expected to see its earnings grow by 8.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
906 CPMC HoldingsHK$6.950.4%
+HK$33.4m
58.0%PE14.5x
8659 Yik Wo International HoldingsHK$0.625.1%
+HK$22.5m
12.7%PE14.8x
1332 Touyun Biotech GroupHK$0.233.6%
+HK$22.4m
-66.7%PS2.6x
1689 Huaxi HoldingsHK$0.991.0%
+HK$7.0m
-29.3%PS3.7x
1629 Champion Alliance International HoldingsHK$0.166.7%
+HK$5.5m
-31.9%PE2.6x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

8659

HK$0.62

Yik Wo International Holdings

7D

5.1%

1Y

12.7%

2002

HK$1.78

China Sunshine Paper Holdings

7D

-6.8%

1Y

-17.6%

1629

HK$0.16

Champion Alliance International Holdings

7D

6.7%

1Y

-31.9%

1689

HK$0.99

Huaxi Holdings

7D

1.0%

1Y

-29.3%

1332

HK$0.23

Touyun Biotech Group

7D

3.6%

1Y

-66.7%

3363

HK$0.50

Zhengye International Holdings

7D

-3.8%

1Y

-9.1%

1239

HK$0.096

Teamway International Group Holdings

7D

6.7%

1Y

-63.1%

906

HK$6.95

CPMC Holdings

7D

0.4%

1Y

58.0%

2372

HK$0.28

WEIli Holdings

7D

-16.7%

1Y

-38.2%

1335

HK$0.071

Sheen Tai Holdings Group

7D

-13.4%

1Y

-37.7%

1626

HK$3.97

Jia Yao Holdings

7D

-5.5%

1Y

13.4%

468

HK$1.98

Greatview Aseptic Packaging

7D

-2.0%

1Y

13.1%

450

HK$1.14

Hung Hing Printing Group

7D

-3.4%

1Y

8.6%