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Jun 13
Hong Kong (HSI) Paper and Forestry Products Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies8
- 7D-0.5%
- 3M-2.5%
- 1Y-27.6%
- YTD-11.0%
The Paper and Forestry Products is pretty flat in the last 7 days, but Lee & Man Paper Manufacturing has stood out, gaining 3.5%. As for the longer term, the industry has declined 25% in the last year. Looking forward, earnings are forecast to grow by 54% annually.
Industry Valuation and Performance
Has the Hong Kong Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | HK$25.2b | HK$86.2b | HK$340.8m | 7.2x | 74x | 0.3x |
| Fri, 21 Jun 2024 | HK$28.1b | HK$86.4b | HK$315.2m | 7.1x | 89.1x | 0.3x |
| Sun, 19 May 2024 | HK$33.5b | HK$86.7b | HK$312.3m | 10x | 107.3x | 0.4x |
| Tue, 16 Apr 2024 | HK$26.2b | HK$86.8b | HK$311.5m | 9.8x | 84x | 0.3x |
| Thu, 14 Mar 2024 | HK$28.2b | HK$86.6b | HK$339.6m | 5.1x | 83x | 0.3x |
| Sat, 10 Feb 2024 | HK$26.1b | HK$88.4b | -HK$2,077,831,327.29 | 13.5x | -12.6x | 0.3x |
| Mon, 08 Jan 2024 | HK$25.8b | HK$89.1b | -HK$2,106,226,498.00 | 12.9x | -12.3x | 0.3x |
| Wed, 06 Dec 2023 | HK$27.8b | HK$89.2b | -HK$2,107,107,624.00 | 13.8x | -13.2x | 0.3x |
| Fri, 03 Nov 2023 | HK$30.8b | HK$87.9b | -HK$1,980,372,895.00 | 14.1x | -15.6x | 0.4x |
| Sun, 01 Oct 2023 | HK$31.0b | HK$88.1b | -HK$1,987,879,917.00 | 14.2x | -15.6x | 0.4x |
| Tue, 29 Aug 2023 | HK$31.2b | HK$93.2b | -HK$397,194,597.00 | 14.4x | -78.5x | 0.3x |
| Thu, 27 Jul 2023 | HK$34.9b | HK$97.2b | HK$76.9m | 9.4x | 453.4x | 0.4x |
| Sat, 24 Jun 2023 | HK$33.6b | HK$97.5b | HK$45.5m | 9.4x | 738.8x | 0.3x |
| Mon, 22 May 2023 | HK$36.7b | HK$99.0b | HK$23.8m | 10.4x | 1541.1x | 0.4x |
| Wed, 19 Apr 2023 | HK$43.9b | HK$100.6b | -HK$1,606,867.00 | 12x | -27327.9x | 0.4x |
| Fri, 17 Mar 2023 | HK$42.3b | HK$100.5b | -HK$76,584,729.00 | 16.7x | -552.2x | 0.4x |
| Sun, 12 Feb 2023 | HK$49.4b | HK$108.7b | HK$5.4b | 8.5x | 9.1x | 0.5x |
| Tue, 10 Jan 2023 | HK$53.4b | HK$108.6b | HK$5.4b | 9.7x | 9.9x | 0.5x |
| Thu, 08 Dec 2022 | HK$42.8b | HK$106.1b | HK$5.3b | 8x | 8.1x | 0.4x |
| Sat, 05 Nov 2022 | HK$34.5b | HK$103.9b | HK$5.2b | 6.6x | 6.6x | 0.3x |
| Mon, 03 Oct 2022 | HK$34.6b | HK$105.7b | HK$5.3b | 6.3x | 6.5x | 0.3x |
| Wed, 31 Aug 2022 | HK$41.8b | HK$108.6b | HK$8.4b | 6.2x | 5x | 0.4x |
| Fri, 29 Jul 2022 | HK$42.6b | HK$110.3b | HK$9.7b | 4.3x | 4.4x | 0.4x |
| Sun, 26 Jun 2022 | HK$45.9b | HK$111.4b | HK$9.8b | 4.5x | 4.7x | 0.4x |
| Tue, 24 May 2022 | HK$49.1b | HK$111.4b | HK$9.8b | 5x | 5x | 0.4x |
| Thu, 21 Apr 2022 | HK$50.2b | HK$114.9b | HK$10.1b | 5.3x | 5x | 0.4x |
| Sat, 19 Mar 2022 | HK$55.6b | HK$115.3b | HK$9.9b | 7.9x | 5.6x | 0.5x |
| Mon, 14 Feb 2022 | HK$64.8b | HK$108.1b | HK$12.4b | 8.9x | 5.2x | 0.6x |
| Wed, 12 Jan 2022 | HK$67.8b | HK$107.8b | HK$12.3b | 9.1x | 5.5x | 0.6x |
| Fri, 10 Dec 2021 | HK$69.9b | HK$108.2b | HK$12.4b | 6.2x | 5.7x | 0.6x |
| Sun, 07 Nov 2021 | HK$69.6b | HK$107.5b | HK$12.3b | 5.7x | 5.7x | 0.6x |
| Tue, 05 Oct 2021 | HK$70.1b | HK$106.9b | HK$12.2b | 5.7x | 5.7x | 0.7x |
| Thu, 02 Sep 2021 | HK$83.8b | HK$96.1b | HK$10.2b | 7.4x | 8.2x | 0.9x |
| Sat, 31 Jul 2021 | HK$73.4b | HK$96.1b | HK$10.2b | 6.4x | 7.2x | 0.8x |
Price to Earnings Ratio
7.2x
Current Industry PE
- Investors are pessimistic on the Hong Kong Forestry 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 75.3x which is lower than its 3-year average PE of 87.3x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have declined 68% per year over the last three years,
- Revenues have also declined 3.5% 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 | -2.37% | |
| Materials | -9.78% | |
| Paper and Forestry Products | -0.49% | |
| Forestry Products | 2.05% | |
| Paper Products | -0.54% | |
Industry PE
- Investors are most optimistic about the Paper Products industry which is trading above its 3-year average PE ratio of 41.0x.
- Analysts are expecting annual earnings growth of 54.4%, which is higher than its past year's earnings decline of 11.3% per year.
- Investors are most pessimistic about the Forestry Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 54% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Paper Products industry is expected to see its earnings grow by 54% 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 | |
|---|---|---|---|---|---|
| 2314 Lee & Man Paper Manufacturing | HK$2.36 | 3.5% +HK$343.6m | -8.5% | PE9.6x | |
| 94 Greenheart Group | HK$0.07 | 14.8% +HK$16.7m | 25.0% | PS1.4x | |
| 8003 Great World Company Holdings | HK$0.14 | 14.9% +HK$6.0m | -69.1% | PS0.6x | |
| 8186 Almana | HK$1.13 | 4.6% +HK$5.7m | 270.5% | PS4.8x |
