Estimating The Fair Value Of Hang Sang (Siu Po) International Holding Company Limited (HKG:3626)
Feb 14
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Hong Kong (HSI) Packaging Industry Analysis
UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies18
- 7D2.2%
- 3M18.9%
- 1Y-1.3%
- YTD3.5%
In the last week, the Packaging industry is up 2.1%, with Jia Yao Holdings up 12%. In the same time, Touyun Biotech Group was down 17%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 6.1% per annum.
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, 16 Feb 2025 | HK$14.2b | HK$25.3b | HK$935.5m | 13.3x | 15.2x | 0.6x |
| Tue, 14 Jan 2025 | HK$20.9b | HK$36.2b | HK$1.4b | 13.4x | 14.7x | 0.6x |
| Thu, 12 Dec 2024 | HK$20.6b | HK$36.5b | HK$1.4b | 13.8x | 14.4x | 0.6x |
| Sat, 09 Nov 2024 | HK$19.8b | HK$36.9b | HK$1.5b | 10.2x | 13.3x | 0.5x |
| Mon, 07 Oct 2024 | HK$20.6b | HK$37.3b | HK$1.5b | 10.6x | 13.6x | 0.6x |
| Wed, 04 Sep 2024 | HK$21.5b | HK$37.1b | HK$1.5b | 13.5x | 14.5x | 0.6x |
| Fri, 02 Aug 2024 | HK$22.3b | HK$37.1b | HK$1.5b | 12x | 14.8x | 0.6x |
| Sun, 30 Jun 2024 | HK$22.4b | HK$36.9b | HK$1.4b | 12.9x | 15.8x | 0.6x |
| Tue, 28 May 2024 | HK$22.3b | HK$37.0b | HK$1.4b | 14.8x | 15.8x | 0.6x |
| Thu, 25 Apr 2024 | HK$21.7b | HK$37.1b | HK$1.4b | 14.7x | 15.4x | 0.6x |
| Sat, 23 Mar 2024 | HK$22.2b | HK$39.0b | HK$924.4m | 14.6x | 24x | 0.6x |
| Mon, 19 Feb 2024 | HK$22.8b | HK$39.2b | HK$938.8m | 16.2x | 24.3x | 0.6x |
| Wed, 17 Jan 2024 | HK$24.6b | HK$39.2b | HK$939.3m | 19.2x | 26.2x | 0.6x |
| Fri, 15 Dec 2023 | HK$24.6b | HK$39.4b | HK$946.5m | 17.1x | 26x | 0.6x |
| Sun, 12 Nov 2023 | HK$23.8b | HK$38.9b | HK$922.8m | 15.1x | 25.8x | 0.6x |
| Tue, 10 Oct 2023 | HK$24.3b | HK$39.0b | HK$925.7m | 15.5x | 26.2x | 0.6x |
| Thu, 07 Sep 2023 | HK$23.4b | HK$39.0b | HK$928.2m | 15.1x | 25.2x | 0.6x |
| Sat, 05 Aug 2023 | HK$22.6b | HK$40.4b | HK$814.6m | 14.8x | 27.8x | 0.6x |
| Mon, 03 Jul 2023 | HK$21.1b | HK$40.2b | HK$806.9m | 14.2x | 26.2x | 0.5x |
| Wed, 31 May 2023 | HK$20.9b | HK$41.4b | HK$756.5m | 14x | 27.6x | 0.5x |
| Fri, 28 Apr 2023 | HK$21.1b | HK$42.2b | HK$794.2m | 11.6x | 26.6x | 0.5x |
| Sun, 26 Mar 2023 | HK$20.7b | HK$41.7b | HK$822.9m | 10.7x | 25.1x | 0.5x |
| Tue, 21 Feb 2023 | HK$20.5b | HK$42.2b | HK$763.0m | 9.8x | 26.9x | 0.5x |
| Thu, 19 Jan 2023 | HK$19.6b | HK$42.7b | HK$784.2m | 9.4x | 25x | 0.5x |
| Sat, 17 Dec 2022 | HK$17.5b | HK$41.5b | HK$730.4m | 9.4x | 23.9x | 0.4x |
| Mon, 14 Nov 2022 | HK$15.9b | HK$41.2b | HK$1.2b | 7.1x | 13.6x | 0.4x |
| Wed, 12 Oct 2022 | HK$16.0b | HK$41.0b | HK$1.2b | 7.9x | 13.8x | 0.4x |
| Fri, 09 Sep 2022 | HK$16.6b | HK$41.9b | HK$1.2b | 7.3x | 13.8x | 0.4x |
| Sun, 07 Aug 2022 | HK$16.2b | HK$41.6b | HK$1.7b | 7.4x | 9.4x | 0.4x |
| Tue, 05 Jul 2022 | HK$18.0b | HK$41.9b | HK$2.0b | 8.5x | 9x | 0.4x |
| Thu, 02 Jun 2022 | HK$18.2b | HK$41.7b | HK$2.1b | 8x | 8.8x | 0.4x |
| Sat, 30 Apr 2022 | HK$19.7b | HK$41.9b | HK$2.1b | 8x | 9.5x | 0.5x |
| Mon, 28 Mar 2022 | HK$21.2b | HK$42.1b | HK$2.5b | 9x | 8.6x | 0.5x |
| Wed, 23 Feb 2022 | HK$22.1b | HK$40.4b | HK$2.6b | 8.8x | 8.6x | 0.5x |
Price to Earnings Ratio
8.6x
Current Industry PE
- Investors are pessimistic on the Hong Kong Packaging industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.0x which is lower than its 3-year average PE of 18.6x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have declined 29% 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 Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | 4.28% | |
| Materials | 2.46% | |
| Packaging | 2.19% | |
| Paper Packaging | 2.83% | |
| Metal and Glass Containers | -3.94% | |
Industry PE
- Investors are most optimistic about the Paper Packaging industry even though it's trading below its 3-year average PE ratio of 39.3x.
- Analysts are expecting annual earnings growth of 6.1%, which is lower than the prior year's growth of 48.7% per year.
- Investors are most pessimistic about the Metal and Glass Containers industry, which is trading close to its 3-year average of 12.2x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 6.1% over the next 5 years.
- However this is lower than its past earnings growth rate of 49% per year.
- In contrast, the Paper Packaging industry is expected to see its earnings grow by 6.1% per year over the next few years.
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$4.60 | 12.2% +HK$300.0m | 10.3% | PE27.7x | |
| 1689 Huaxi Holdings | HK$0.52 | 4.0% +HK$14.0m | -54.0% | PS2.5x | |
| 3363 Zhengye International Holdings | HK$0.40 | 6.7% +HK$12.5m | -16.7% | PE14.3x | |
| 2002 China Sunshine Paper Holdings | HK$2.21 | 0.5% +HK$10.7m | 6.8% | PE5.6x | |
| 450 Hung Hing Printing Group | HK$1.02 | 1.0% +HK$9.1m | -7.3% | PE19.2x |
