There's No Escaping China Treasures New Materials Group Ltd.'s (HKG:2439) Muted Earnings Despite A 26% Share Price Rise
Jan 19
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- 7D2.7%
- 3M3.4%
- 1Y-15.2%
- YTD2.1%
Over the last 7 days, the Packaging industry has risen 2.7%, driven by gains from Jia Yao Holdings of 15%. In the same time, China Sunshine Paper Holdings was down 6.2%. In contrast, the industry has lost 15% in the last 12 months.
Industry Valuation and Performance
Has the Hong Kong Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 15 Mar 2026 | HK$8.8b | HK$21.0b | HK$52.0m | 6.7x | 169.6x | 0.4x |
| Tue, 10 Feb 2026 | HK$7.7b | HK$19.9b | HK$4.8m | 6.7x | 1619.8x | 0.4x |
| Thu, 08 Jan 2026 | HK$7.9b | HK$19.7b | HK$243.5k | 7.3x | 32315.3x | 0.4x |
| Sat, 06 Dec 2025 | HK$8.2b | HK$19.6b | -HK$2,396,692.44 | 9.9x | -3423.5x | 0.4x |
| Mon, 03 Nov 2025 | HK$8.3b | HK$19.6b | HK$26.7m | 8.4x | 309.7x | 0.4x |
| Wed, 01 Oct 2025 | HK$9.6b | HK$19.6b | HK$27.0m | 8.5x | 355.4x | 0.5x |
| Fri, 29 Aug 2025 | HK$9.9b | HK$20.6b | HK$197.8m | 16.6x | 50.2x | 0.5x |
| Sun, 27 Jul 2025 | HK$10.2b | HK$20.9b | HK$263.7m | 13x | 38.8x | 0.5x |
| Tue, 24 Jun 2025 | HK$10.2b | HK$20.8b | HK$333.4m | 6x | 30.5x | 0.5x |
| Thu, 22 May 2025 | HK$9.5b | HK$20.7b | HK$331.1m | 6.4x | 28.7x | 0.5x |
| Sat, 19 Apr 2025 | HK$15.8b | HK$24.2b | HK$596.2m | 10x | 26.6x | 0.7x |
| Mon, 17 Mar 2025 | HK$13.4b | HK$25.3b | HK$942.6m | 13.3x | 14.2x | 0.5x |
| Wed, 12 Feb 2025 | HK$14.0b | HK$25.2b | HK$931.0m | 13.4x | 15.1x | 0.6x |
| Fri, 10 Jan 2025 | HK$21.4b | HK$36.2b | HK$1.4b | 13.4x | 15x | 0.6x |
| Sun, 08 Dec 2024 | HK$20.4b | HK$36.5b | HK$1.4b | 13.4x | 14.2x | 0.6x |
| Tue, 05 Nov 2024 | HK$19.9b | HK$37.2b | HK$1.5b | 9.6x | 13.2x | 0.5x |
| Thu, 03 Oct 2024 | HK$20.6b | HK$37.5b | HK$1.5b | 10.5x | 13.5x | 0.5x |
| Sat, 31 Aug 2024 | HK$21.4b | HK$37.8b | HK$1.5b | 13.8x | 14.6x | 0.6x |
| Mon, 29 Jul 2024 | HK$22.4b | HK$37.1b | HK$1.5b | 11.8x | 14.9x | 0.6x |
| Wed, 26 Jun 2024 | HK$22.4b | HK$36.9b | HK$1.4b | 15.3x | 15.9x | 0.6x |
| Fri, 24 May 2024 | HK$22.3b | HK$37.0b | HK$1.4b | 14.9x | 15.8x | 0.6x |
| Sun, 21 Apr 2024 | HK$21.4b | HK$37.1b | HK$1.4b | 14.7x | 15.1x | 0.6x |
| Tue, 19 Mar 2024 | HK$22.2b | HK$39.2b | HK$945.1m | 14.8x | 23.5x | 0.6x |
| Thu, 15 Feb 2024 | HK$22.6b | HK$39.3b | HK$939.9m | 15.9x | 24x | 0.6x |
| Sat, 13 Jan 2024 | HK$24.9b | HK$39.3b | HK$943.1m | 18.7x | 26.4x | 0.6x |
| Mon, 11 Dec 2023 | HK$24.5b | HK$39.3b | HK$941.4m | 18.9x | 26.1x | 0.6x |
| Wed, 08 Nov 2023 | HK$24.9b | HK$39.0b | HK$925.2m | 15.2x | 27x | 0.6x |
| Fri, 06 Oct 2023 | HK$24.3b | HK$39.0b | HK$923.7m | 15.5x | 26.3x | 0.6x |
| Sun, 03 Sep 2023 | HK$23.5b | HK$39.2b | HK$935.9m | 15.4x | 25.1x | 0.6x |
| Tue, 01 Aug 2023 | HK$21.9b | HK$40.5b | HK$818.7m | 14.4x | 26.7x | 0.5x |
| Thu, 29 Jun 2023 | HK$20.8b | HK$40.6b | HK$728.4m | 13.8x | 28.5x | 0.5x |
| Sat, 27 May 2023 | HK$20.8b | HK$41.5b | HK$759.1m | 14x | 27.5x | 0.5x |
| Mon, 24 Apr 2023 | HK$21.5b | HK$42.4b | HK$799.5m | 11.9x | 26.9x | 0.5x |
| Wed, 22 Mar 2023 | HK$20.6b | HK$42.1b | HK$742.9m | 9.9x | 27.7x | 0.5x |
Price to Earnings Ratio
27.7x
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 170x which is higher than its 3-year average PE of 36.3x.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have declined 59% per year over the last three years,
- Revenues have also declined 21% 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 | -0.32% | |
| Materials | -1.88% | |
| Packaging | 2.74% | |
| Paper Packaging | 3.23% | |
| Metal and Glass Containers | 0.44% | |
Industry PE
- Investors are most optimistic about the Metal and Glass Containers industry which is trading above its 3-year average PE ratio of 15.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1626 Jia Yao Holdings | HK$3.80 | 15.2% +HK$300.0m | -15.6% | PS7x | |
| 1332 Touyun Biotech Group | HK$0.18 | 47.5% +HK$162.7m | 0.6% | PS3.5x | |
| 794 Come Sure Group (Holdings) | HK$0.24 | 27.6% +HK$17.5m | 36.1% | PE18.8x | |
| 2439 China Treasures New Materials Group | HK$0.24 | 4.4% +HK$10.0m | -2.9% | PE2.1x | |
| 3363 Zhengye International Holdings | HK$0.36 | 5.9% +HK$10.0m | -7.7% | PE6.7x |
