What Is CK Asset Holdings Limited's (HKG:1113) Share Price Doing?
Jan 31
Hong Kong (HSI) Real Estate Industry Analysis
UpdatedJan 31, 2023
DataAggregated Company Financials
Companies278
- 7D1.0%
- 3M45.8%
- 1Y-24.4%
- YTD4.3%
In the last week, the Real Estate industry is up 1.0%, with Longfor Group Holdings leading the way, up 6.4%. However, the industry is down 24% over the past year. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Hong Kong Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Jan 2023 | HK$3.5t | HK$5.6t | HK$371.6b | 6.3x | 9.5x | 0.6x |
| Thu, 29 Dec 2022 | HK$3.3t | HK$5.5t | HK$365.6b | 6.6x | 8.9x | 0.6x |
| Sat, 26 Nov 2022 | HK$3.1t | HK$5.4t | HK$356.7b | 6.2x | 8.6x | 0.6x |
| Mon, 24 Oct 2022 | HK$2.8t | HK$5.4t | HK$358.8b | 5.6x | 7.8x | 0.5x |
| Wed, 21 Sep 2022 | HK$3.2t | HK$5.5t | HK$363.5b | 6.2x | 8.7x | 0.6x |
| Fri, 19 Aug 2022 | HK$3.2t | HK$5.8t | HK$499.5b | 5.7x | 6.3x | 0.5x |
| Sun, 17 Jul 2022 | HK$3.3t | HK$5.8t | HK$496.7b | 6.2x | 6.7x | 0.6x |
| Tue, 14 Jun 2022 | HK$3.5t | HK$5.8t | HK$506.4b | 6.4x | 6.8x | 0.6x |
| Thu, 12 May 2022 | HK$3.5t | HK$5.8t | HK$504.8b | 6.7x | 7x | 0.6x |
| Sat, 09 Apr 2022 | HK$4.0t | HK$6.1t | HK$526.1b | 7x | 7.6x | 0.7x |
| Mon, 07 Mar 2022 | HK$3.9t | HK$6.0t | HK$622.3b | 6.1x | 6.2x | 0.6x |
| Wed, 02 Feb 2022 | HK$4.1t | HK$5.9t | HK$602.3b | 6.7x | 6.9x | 0.7x |
| Fri, 31 Dec 2021 | HK$3.8t | HK$5.9t | HK$598.0b | 6.7x | 6.4x | 0.6x |
| Sun, 28 Nov 2021 | HK$4.1t | HK$5.9t | HK$595.0b | 7x | 6.8x | 0.7x |
| Tue, 26 Oct 2021 | HK$4.4t | HK$5.9t | HK$592.0b | 7.6x | 7.5x | 0.7x |
| Thu, 23 Sep 2021 | HK$4.0t | HK$5.9t | HK$583.7b | 7.1x | 6.8x | 0.7x |
| Sat, 21 Aug 2021 | HK$4.5t | HK$5.8t | HK$577.4b | 7.4x | 7.8x | 0.8x |
| Sat, 05 Jun 2021 | HK$5.4t | HK$5.5t | HK$523.9b | 7.7x | 10.3x | 1x |
| Tue, 09 Mar 2021 | HK$5.4t | HK$5.2t | HK$461.1b | 9.4x | 11.6x | 1x |
| Mon, 30 Nov 2020 | HK$4.7t | HK$4.8t | HK$427.7b | 8.5x | 11x | 1x |
| Thu, 03 Sep 2020 | HK$4.7t | HK$4.3t | HK$401.4b | 9.9x | 11.6x | 1.1x |
| Sun, 07 Jun 2020 | HK$4.2t | HK$4.3t | HK$478.0b | 8.2x | 8.7x | 1x |
| Sat, 29 Feb 2020 | HK$4.7t | HK$4.3t | HK$574.3b | 7.4x | 8.2x | 1.1x |
Price to Earnings Ratio
7.9x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.2x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.2% 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 industry?
| HK Market | 0.072% | |
| Real Estate | 1.03% | |
| Real Estate | 1.03% | |
| Real Estate Services | 2.45% | |
| Diversified Real Estate | 1.22% | |
| Real Estate Operating Companies | 1.10% | |
| Real Estate Development | 0.88% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry which is trading above its 3-year average PE ratio of 36.5x.
- Analysts are expecting annual earnings growth of 27.9%, which is higher than its past year's earnings decline of 1.5% per year.
- Investors are most pessimistic about the Real Estate Development industry, which is trading close to its 3-year average of 6.3x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Services industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings decline of 1.5% per year.
- In contrast, the Real Estate Development industry is expected to see its earnings grow by 7.2% 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 | |
|---|---|---|---|---|---|
| 960 Longfor Group Holdings | HK$26.60 | 6.4% +HK$10.1b | -42.8% | PB1.2x | |
| 16 Sun Hung Kai Properties | HK$114.80 | 2.9% +HK$9.3b | 21.2% | PB0.6x | |
| 1972 Swire Properties | HK$22.95 | 3.1% +HK$4.1b | 10.9% | PB0.5x | |
| 1113 CK Asset Holdings | HK$50.65 | 1.8% +HK$3.2b | -2.3% | PB0.5x | |
| 101 Hang Lung Properties | HK$15.58 | 3.9% +HK$2.6b | -6.5% | PB0.5x |
