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Hong Kong (HSI) Paper and Forestry Products Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies10
  • 7D-3.5%
  • 3M-14.2%
  • 1Y-13.7%
  • YTD-14.9%

Over the last 7 days, the Paper and Forestry Products industry has dropped 3.5%, driven by a decline by Nine Dragons Paper (Holdings) of 4.8%. Meanwhile, Steed Oriental (Holdings) actually outperformed within the industry, gaining 75% in the last week. However, the industry is down 14% over the past year.

Industry Valuation and Performance

Has the Hong Kong Paper and Forestry Products Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021HK$68.3bHK$107.7bHK$12.3b5.4x
Wed, 27 Oct 2021HK$75.7bHK$107.5bHK$12.3b6x
Fri, 24 Sep 2021HK$88.6bHK$96.9bHK$10.7b7.7x
Sun, 22 Aug 2021HK$77.4bHK$96.1bHK$10.2b6.7x
Fri, 09 Jul 2021HK$74.9bHK$96.1bHK$10.2b8.7x
Thu, 01 Apr 2021HK$87.1bHK$93.9bHK$9.8b7.6x
Sun, 03 Jan 2021HK$81.6bHK$91.8bHK$9.5b7.4x
Wed, 07 Oct 2020HK$72.8bHK$88.0bHK$8.1b6.9x
Tue, 30 Jun 2020HK$54.6bHK$84.3bHK$6.7b6.5x
Fri, 03 Apr 2020HK$57.3bHK$86.0bHK$6.8b7.5x
Mon, 06 Jan 2020HK$67.8bHK$89.4bHK$7.0b8x
Thu, 10 Oct 2019HK$53.4bHK$89.8bHK$7.2b7.7x
Wed, 03 Jul 2019HK$61.0bHK$93.6bHK$7.8b8.3x
Sat, 06 Apr 2019HK$69.8bHK$98.9bHK$9.7b16.3x
Tue, 08 Jan 2019HK$68.5bHK$100.4bHK$11.3b15.6x
PE Ratio

15.2x

Total Market Cap: HK$73.8bTotal Earnings: HK$13.0bTotal Revenue: HK$96.9b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.1x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Forestry industry have remained mostly flat over the last three years, while revenues for these companies have grown 3.6% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Hong Kong Paper and Forestry Products industry?

Forestry Products-3.03%
Paper Products-3.54%

Industry PE: Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 13.2x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 7.0x.

Forecasted Growth: Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 7.8% over the next 5 years. However this is lower than its past earnings growth rate of 56% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
2314 Lee and Man Paper Manufacturing0.4%+HK$68.0m-13.2%PE5.8x
8277 Steed Oriental (Holdings)47.5%+HK$24.9m3.5%PS0.3x
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