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Hong Kong (HSI) Paper and Forestry Products Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies8
- 7D-1.4%
- 3M11.3%
- 1Y-12.0%
- YTD-8.2%
Over the last 7 days, the Paper and Forestry Products industry has dropped 5.1%, driven by declines in Nine Dragons Paper (Holdings) and Lee & Man Paper Manufacturing of 1.2% and 1.7%, respectively. In contrast, Reliance Global Holdings has gained 23%. The industry has fallen 14% in the last year. As for the next few years, earnings are expected to grow by 23% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$26.0b | HK$90.1b | HK$2.3b | 9.7x | 11.3x | 0.3x |
| Sat, 19 Oct 2024 | HK$27.9b | HK$91.3b | HK$2.3b | 11.5x | 12x | 0.3x |
| Mon, 16 Sep 2024 | HK$22.9b | HK$87.9b | HK$726.0m | 5.8x | 31.5x | 0.3x |
| Wed, 14 Aug 2024 | HK$24.6b | HK$87.3b | HK$786.1m | 5.9x | 31.3x | 0.3x |
| Fri, 12 Jul 2024 | HK$25.9b | HK$86.3b | HK$340.0m | 7.9x | 76.3x | 0.3x |
| Sun, 09 Jun 2024 | HK$27.6b | HK$86.5b | HK$313.6m | 7.5x | 88x | 0.3x |
| Tue, 07 May 2024 | HK$28.5b | HK$86.9b | HK$310.5m | 9x | 91.8x | 0.3x |
| Thu, 04 Apr 2024 | HK$27.0b | HK$86.3b | HK$309.9m | 5x | 87.1x | 0.3x |
| Sat, 02 Mar 2024 | HK$26.9b | HK$87.7b | -HK$224,230,251.04 | 13.8x | -119.8x | 0.3x |
| Mon, 29 Jan 2024 | HK$23.3b | HK$89.1b | -HK$2,103,983,528.00 | 12.7x | -11.1x | 0.3x |
| Wed, 27 Dec 2023 | HK$28.4b | HK$89.2b | -HK$2,107,215,264.00 | 14.1x | -13.5x | 0.3x |
| Fri, 24 Nov 2023 | HK$29.9b | HK$89.2b | -HK$2,090,395,464.00 | 185.9x | -14.3x | 0.3x |
| Sun, 22 Oct 2023 | HK$30.0b | HK$87.9b | -HK$1,980,576,200.00 | 13.5x | -15.1x | 0.3x |
| Tue, 19 Sep 2023 | HK$31.6b | HK$92.9b | -HK$383,540,051.00 | 14.6x | -82.5x | 0.3x |
| Thu, 17 Aug 2023 | HK$31.8b | HK$93.0b | -HK$394,615,982.00 | 14.9x | -80.7x | 0.3x |
| Sat, 15 Jul 2023 | HK$34.7b | HK$97.4b | HK$73.4m | 9.3x | 472.8x | 0.4x |
| Mon, 12 Jun 2023 | HK$34.9b | HK$98.0b | HK$37.1m | 10.1x | 939.8x | 0.4x |
| Wed, 10 May 2023 | HK$40.7b | HK$100.1b | HK$6.3m | 11.5x | 6503.6x | 0.4x |
| Fri, 07 Apr 2023 | HK$43.0b | HK$100.6b | -HK$50,730,833.00 | 14.9x | -847.3x | 0.4x |
| Sun, 05 Mar 2023 | HK$46.9b | HK$100.4b | -HK$75,331,159.00 | 16.9x | -622.1x | 0.5x |
| Tue, 31 Jan 2023 | HK$48.5b | HK$109.2b | HK$5.4b | 8.7x | 8.9x | 0.4x |
| Thu, 29 Dec 2022 | HK$48.9b | HK$106.4b | HK$5.3b | 9.2x | 9.2x | 0.5x |
| Sat, 26 Nov 2022 | HK$40.1b | HK$105.0b | HK$5.2b | 7.7x | 7.7x | 0.4x |
| Mon, 24 Oct 2022 | HK$35.2b | HK$104.5b | HK$5.2b | 6.5x | 6.7x | 0.3x |
| Wed, 21 Sep 2022 | HK$41.9b | HK$107.5b | HK$8.3b | 6x | 5.1x | 0.4x |
| Fri, 19 Aug 2022 | HK$47.3b | HK$110.0b | HK$8.5b | 6.8x | 5.6x | 0.4x |
| Sun, 17 Jul 2022 | HK$42.1b | HK$110.4b | HK$9.7b | 4.2x | 4.3x | 0.4x |
| Tue, 14 Jun 2022 | HK$46.0b | HK$111.2b | HK$9.7b | 4.6x | 4.7x | 0.4x |
| Thu, 12 May 2022 | HK$47.9b | HK$110.9b | HK$9.7b | 5.1x | 4.9x | 0.4x |
| Sat, 09 Apr 2022 | HK$51.5b | HK$115.3b | HK$10.1b | 5.5x | 5.1x | 0.4x |
| Mon, 07 Mar 2022 | HK$58.3b | HK$113.1b | HK$10.9b | 8.3x | 5.3x | 0.5x |
| Wed, 02 Feb 2022 | HK$60.6b | HK$108.0b | HK$12.3b | 8.7x | 4.9x | 0.6x |
| Fri, 31 Dec 2021 | HK$62.5b | HK$107.9b | HK$12.3b | 8.5x | 5.1x | 0.6x |
| Sun, 28 Nov 2021 | HK$68.3b | HK$107.7b | HK$12.3b | 5.4x | 5.5x | 0.6x |
Price to Earnings Ratio
5.5x
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 11.0x which is lower than its 3-year average PE of 89.0x.
- The industry is trading close to its 3-year average PS ratio of 0.39x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have declined 43% per year over the last three years,
- Revenues have also declined 5.8% 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 | 0.42% | |
| Materials | 0.21% | |
| Paper and Forestry Products | -1.38% | |
| Forestry Products | 2.05% | |
| Paper Products | -1.45% | |
Industry PE
- Investors are most optimistic about the Paper Products industry even though it's trading below its 3-year average PE ratio of 43.5x.
- Analysts are expecting annual earnings growth of 23.2%, which is lower than the prior year's growth of 116.1% 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 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 116% per year.
- In contrast, the Paper Products industry is expected to see its earnings grow by 23% 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$2.39 | 0.8% +HK$85.9m | 7.7% | PE6.8x | |
| 723 Reliance Global Holdings | HK$0.24 | 9.1% +HK$21.9m | 118.2% | PS0.9x | |
| 8277 Steed Oriental (Holdings) | HK$0.17 | 9.7% +HK$3.9m | 75.3% | PS0.7x |