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Hong Kong (HSI) Real Estate Sector Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies289
  • 7D-0.01%
  • 3M-4.1%
  • 1Y-31.3%
  • YTD-23.2%

In the last week, the Real Estate industry is flat overall, with Country Garden Holdings standing out by going down 8.1%. Unfortunately though, the industry is down 31% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

Has the Hong Kong Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022HK$3.2tHK$5.5tHK$382.2b6.7x8.5x0.6x
Tue, 01 Nov 2022HK$2.5tHK$5.4tHK$367.4b5.2x6.8x0.5x
Thu, 29 Sep 2022HK$3.1tHK$5.4tHK$369.2b6.2x8.3x0.6x
Sat, 27 Aug 2022HK$3.4tHK$5.8tHK$479.3b6.2x7.1x0.6x
Mon, 25 Jul 2022HK$3.5tHK$5.8tHK$505.2b6.4x6.9x0.6x
Wed, 22 Jun 2022HK$3.8tHK$5.9tHK$517.0b6.6x7.3x0.6x
Fri, 20 May 2022HK$3.8tHK$5.8tHK$518.3b6.7x7.4x0.7x
Sun, 17 Apr 2022HK$4.2tHK$6.1tHK$540.4b7x7.8x0.7x
Tue, 15 Mar 2022HK$3.7tHK$6.0tHK$645.4b6x5.7x0.6x
Thu, 10 Feb 2022HK$4.4tHK$6.0tHK$609.8b6.9x7.3x0.7x
Sat, 08 Jan 2022HK$4.2tHK$5.9tHK$606.3b6.9x6.9x0.7x
Mon, 06 Dec 2021HK$4.2tHK$5.9tHK$605.0b6.8x6.9x0.7x
Wed, 03 Nov 2021HK$4.4tHK$5.9tHK$589.3b1.8x7.5x0.7x
Fri, 01 Oct 2021HK$4.5tHK$5.9tHK$583.4b7.7x7.8x0.8x
Sun, 29 Aug 2021HK$4.8tHK$5.9tHK$575.0b7.8x8.4x0.8x
Mon, 05 Jul 2021HK$5.5tHK$5.9tHK$575.6b8.3x9.6x0.9x
Thu, 08 Apr 2021HK$5.7tHK$5.5tHK$514.0b8x11.1x1x
Sun, 10 Jan 2021HK$5.1tHK$5.3tHK$428.9b8.7x11.8x1x
Sat, 03 Oct 2020HK$4.7tHK$4.7tHK$372.5b8.2x12.6x1x
Tue, 07 Jul 2020HK$4.6tHK$4.4tHK$359.7b9.8x12.9x1.1x
Fri, 10 Apr 2020HK$4.5tHK$4.3tHK$454.1b8.5x9.8x1x
Thu, 02 Jan 2020HK$5.3tHK$4.3tHK$582.1b8.3x9.2x1.2x
Price to Earnings Ratio

9.2x


Total Market Cap: HK$5.3tTotal Earnings: HK$582.1bTotal Revenue: HK$4.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Real Estate Sector Price to Earnings3Y Average 9.9x20212022
Current Industry PE
  • Investors are pessimistic on the Hong Kong Real Estate 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 8.5x which is lower than its 3-year average PE of 9.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Real Estate sector?

HK Market3.74%
Real Estate-0.015%
REITS0.22%
Real Estate-0.028%
Industry PE
  • Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 1.0x.
    • Analysts are expecting annual earnings decline of 1.1%, which is lower than the prior year's growth of 31.0% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading close to its 3-year average of 9.2x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the REITS industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
16 Sun Hung Kai PropertiesHK$93.701.6%
+HK$4.3b
-2.1%PB0.5x
1209 China Resources Mixc Lifestyle ServicesHK$37.104.7%
+HK$3.8b
-7.0%PB5.4x
1516 Sunac Services HoldingsHK$3.8834.3%
+HK$3.0b
-66.3%PB1.5x
101 Hang Lung PropertiesHK$13.864.4%
+HK$2.6b
-9.3%PB0.5x
1972 Swire PropertiesHK$18.062.1%
+HK$2.2b
-2.6%PB0.4x
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Latest News

884

HK$1.09

CIFI Holdings (Group)

7D

-19.9%

1Y

-73.8%

83

HK$9.71

Sino Land

7D

-2.8%

1Y

3.6%

960

HK$22.20

Longfor Group Holdings

7D

1.6%

1Y

-41.6%

2007

HK$2.85

Country Garden Holdings

7D

-8.1%

1Y

-59.6%

17

HK$18.38

New World Development

7D

4.9%

1Y

-40.8%

2602

HK$43.65

Onewo

7D

3.8%

1Y

n/a

1908

HK$18.50

C&D International Investment Group

7D

-7.1%

1Y

23.8%

1516

HK$3.88

Sunac Services Holdings

7D

34.3%

1Y

-66.3%

1109

HK$33.60

China Resources Land

7D

-1.9%

1Y

0.4%