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Hong Kong (HSI) Packaging Industry Analysis
UpdatedSep 03, 2024
DataAggregated Company Financials
Companies19
- 7D1.4%
- 3M-0.8%
- 1Y-3.0%
- YTD-10.3%
Last week, the Packaging industry hasn't moved much but CPMC Holdings is up 3.8% in that time. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 5.0% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 03 Sep 2024 | HK$21.6b | HK$37.2b | HK$1.5b | 13.5x | 14.5x | 0.6x |
| Thu, 01 Aug 2024 | HK$22.2b | HK$37.2b | HK$1.5b | 12x | 14.7x | 0.6x |
| Sat, 29 Jun 2024 | HK$22.4b | HK$36.9b | HK$1.4b | 12.9x | 15.7x | 0.6x |
| Mon, 27 May 2024 | HK$22.3b | HK$37.0b | HK$1.4b | 14.9x | 15.8x | 0.6x |
| Wed, 24 Apr 2024 | HK$21.8b | HK$37.1b | HK$1.4b | 14.7x | 15.4x | 0.6x |
| Fri, 22 Mar 2024 | HK$22.0b | HK$39.1b | HK$922.9m | 15x | 23.9x | 0.6x |
| Sun, 18 Feb 2024 | HK$22.8b | HK$39.2b | HK$938.8m | 16.2x | 24.3x | 0.6x |
| Tue, 16 Jan 2024 | HK$24.8b | HK$39.3b | HK$942.1m | 19.6x | 26.3x | 0.6x |
| Thu, 14 Dec 2023 | HK$24.6b | HK$39.3b | HK$939.9m | 17.5x | 26.2x | 0.6x |
| Sat, 11 Nov 2023 | HK$23.8b | HK$38.9b | HK$922.8m | 15.1x | 25.8x | 0.6x |
| Mon, 09 Oct 2023 | HK$24.3b | HK$39.0b | HK$924.1m | 15.6x | 26.3x | 0.6x |
| Wed, 06 Sep 2023 | HK$23.4b | HK$38.9b | HK$927.9m | 15.1x | 25.3x | 0.6x |
| Fri, 04 Aug 2023 | HK$22.5b | HK$40.4b | HK$815.9m | 14.5x | 27.6x | 0.6x |
| Sun, 02 Jul 2023 | HK$21.1b | HK$40.2b | HK$806.9m | 14.2x | 26.2x | 0.5x |
| Tue, 30 May 2023 | HK$20.8b | HK$41.4b | HK$755.9m | 13.9x | 27.5x | 0.5x |
| Thu, 27 Apr 2023 | HK$21.2b | HK$42.2b | HK$793.7m | 11.4x | 26.7x | 0.5x |
| Sat, 25 Mar 2023 | HK$20.7b | HK$41.7b | HK$823.3m | 10.7x | 25.1x | 0.5x |
| Mon, 20 Feb 2023 | HK$20.5b | HK$42.2b | HK$763.5m | 10.2x | 26.9x | 0.5x |
| Wed, 18 Jan 2023 | HK$19.2b | HK$42.6b | HK$780.9m | 9.6x | 24.5x | 0.4x |
| Fri, 16 Dec 2022 | HK$17.7b | HK$41.4b | HK$730.1m | 9.6x | 24.2x | 0.4x |
| Sun, 13 Nov 2022 | HK$15.9b | HK$41.2b | HK$1.2b | 7.1x | 13.6x | 0.4x |
| Tue, 11 Oct 2022 | HK$16.2b | HK$41.2b | HK$1.2b | 7.7x | 13.8x | 0.4x |
| Thu, 08 Sep 2022 | HK$16.6b | HK$42.1b | HK$1.2b | 6.9x | 13.7x | 0.4x |
| Sat, 06 Aug 2022 | HK$16.2b | HK$41.6b | HK$1.7b | 7.4x | 9.3x | 0.4x |
| Mon, 04 Jul 2022 | HK$17.8b | HK$41.9b | HK$2.0b | 8.5x | 8.9x | 0.4x |
| Wed, 01 Jun 2022 | HK$18.2b | HK$41.7b | HK$2.1b | 8x | 8.8x | 0.4x |
| Fri, 29 Apr 2022 | HK$19.7b | HK$42.3b | HK$2.1b | 8.2x | 9.4x | 0.5x |
| Sun, 27 Mar 2022 | HK$21.2b | HK$42.1b | HK$2.5b | 9x | 8.6x | 0.5x |
| Tue, 22 Feb 2022 | HK$22.3b | HK$40.5b | HK$2.6b | 8.9x | 8.7x | 0.6x |
| Thu, 20 Jan 2022 | HK$21.8b | HK$40.3b | HK$2.5b | 9.1x | 8.6x | 0.5x |
| Sat, 18 Dec 2021 | HK$22.2b | HK$40.3b | HK$2.5b | 8.2x | 8.7x | 0.6x |
| Mon, 15 Nov 2021 | HK$21.1b | HK$40.1b | HK$2.0b | 8.4x | 10.5x | 0.5x |
| Wed, 13 Oct 2021 | HK$20.3b | HK$39.7b | HK$2.0b | 8.3x | 10.3x | 0.5x |
| Fri, 10 Sep 2021 | HK$22.6b | HK$39.6b | HK$2.0b | 9.1x | 11.5x | 0.6x |
Price to Earnings Ratio
11.5x
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 14.3x which is lower than its 3-year average PE of 17.9x.
- 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 8.8% 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 Market | -1.01% | |
| Materials | -3.32% | |
| Packaging | 1.38% | |
| Metal and Glass Containers | 2.24% | |
| Paper Packaging | 0.70% | |
Industry PE
- Investors are most optimistic about the Metal and Glass Containers industry which is trading above its 3-year average PE ratio of 11.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Paper Packaging industry, which is trading below its 3-year average of 38.8x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 5.0% over the next 5 years.
- In contrast, the Paper Packaging industry is expected to see its earnings grow by 5.0% 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 | |
|---|---|---|---|---|---|
| 906 CPMC Holdings | HK$7.13 | 3.8% +HK$289.5m | 20.4% | PE15.5x | |
| 2372 WEIli Holdings | HK$0.35 | 22.4% +HK$52.0m | -21.1% | PS1.4x | |
| 2439 China Treasures New Materials Group | HK$0.29 | 15.7% +HK$40.0m | -39.2% | PE2.9x | |
| 1626 Jia Yao Holdings | HK$3.05 | 1.7% +HK$30.0m | -26.9% | PE18x | |
| 3363 Zhengye International Holdings | HK$0.42 | 13.5% +HK$25.0m | -9.7% | PE14.7x |
