What Is China Resources Mixc Lifestyle Services Limited's (HKG:1209) Share Price Doing?
Apr 22
Hong Kong (HSI) Real Estate Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies252
- 7D4.6%
- 3M-2.9%
- 1Y-35.6%
- YTD-10.5%
In the last week, the Real Estate industry is up 4.6%, with China Resources Land leading the way, up 18%. In the same time, Art Group Holdings was down 30%. In contrast, the industry has lost 36% in the last 12 months. Looking forward, earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | HK$1.9t | HK$4.0t | -HK$77,396,150,131.55 | 6.7x | -25x | 0.5x |
| Sun, 24 Mar 2024 | HK$1.9t | HK$3.9t | -HK$154,742,810,615.11 | 6.6x | -12.5x | 0.5x |
| Tue, 20 Feb 2024 | HK$1.9t | HK$3.9t | -HK$171,163,999,352.80 | 6.1x | -11.4x | 0.5x |
| Thu, 18 Jan 2024 | HK$2.0t | HK$4.0t | -HK$179,706,052,410.00 | 6.4x | -10.9x | 0.5x |
| Sat, 16 Dec 2023 | HK$2.2t | HK$4.0t | -HK$181,911,265,512.00 | 6.8x | -12.2x | 0.6x |
| Mon, 13 Nov 2023 | HK$2.2t | HK$3.9t | -HK$173,053,228,199.00 | 7.2x | -12.6x | 0.6x |
| Wed, 11 Oct 2023 | HK$2.3t | HK$3.9t | -HK$171,844,316,291.00 | 7.2x | -13.6x | 0.6x |
| Fri, 08 Sep 2023 | HK$2.6t | HK$4.0t | -HK$154,443,405,638.00 | 7.7x | -16.7x | 0.6x |
| Sun, 06 Aug 2023 | HK$2.8t | HK$4.7t | -HK$39,675,539,370.00 | 7.8x | -69.7x | 0.6x |
| Tue, 04 Jul 2023 | HK$2.8t | HK$4.8t | HK$4.9b | 7.5x | 577.4x | 0.6x |
| Thu, 01 Jun 2023 | HK$2.7t | HK$4.8t | HK$1.7b | 6.8x | 1552.6x | 0.5x |
| Sat, 29 Apr 2023 | HK$3.1t | HK$5.0t | HK$20.0b | 7.7x | 154.4x | 0.6x |
| Mon, 27 Mar 2023 | HK$3.1t | HK$5.5t | HK$298.0b | 6.2x | 10.5x | 0.6x |
| Wed, 22 Feb 2023 | HK$3.3t | HK$5.5t | HK$366.9b | 6.5x | 9.1x | 0.6x |
| Fri, 20 Jan 2023 | HK$3.4t | HK$5.6t | HK$370.7b | 6.4x | 9.3x | 0.6x |
| Sun, 18 Dec 2022 | HK$3.3t | HK$5.5t | HK$365.5b | 6.7x | 9.1x | 0.6x |
| Tue, 15 Nov 2022 | HK$3.0t | HK$5.4t | HK$360.5b | 5.7x | 8.3x | 0.6x |
| Thu, 13 Oct 2022 | HK$2.8t | HK$5.4t | HK$361.3b | 5.7x | 7.8x | 0.5x |
| Sat, 10 Sep 2022 | HK$3.2t | HK$5.5t | HK$364.3b | 6.3x | 8.9x | 0.6x |
| Mon, 08 Aug 2022 | HK$3.2t | HK$5.8t | HK$494.3b | 5.7x | 6.5x | 0.6x |
| Wed, 06 Jul 2022 | HK$3.6t | HK$5.8t | HK$498.8b | 6.5x | 7.3x | 0.6x |
| Fri, 03 Jun 2022 | HK$3.6t | HK$5.9t | HK$508.2b | 6.5x | 7.2x | 0.6x |
| Sun, 01 May 2022 | HK$3.7t | HK$5.9t | HK$512.2b | 6.8x | 7.3x | 0.6x |
| Tue, 29 Mar 2022 | HK$3.8t | HK$6.1t | HK$631.9b | 5.8x | 6x | 0.6x |
| Thu, 24 Feb 2022 | HK$4.1t | HK$6.0t | HK$612.0b | 6.5x | 6.8x | 0.7x |
| Sat, 22 Jan 2022 | HK$4.2t | HK$5.9t | HK$600.5b | 6.8x | 7.1x | 0.7x |
| Mon, 20 Dec 2021 | HK$3.9t | HK$5.9t | HK$597.8b | 6.8x | 6.5x | 0.7x |
| Wed, 17 Nov 2021 | HK$4.2t | HK$5.9t | HK$594.1b | 7.5x | 7x | 0.7x |
| Fri, 15 Oct 2021 | HK$4.3t | HK$5.9t | HK$587.1b | 7.4x | 7.3x | 0.7x |
| Sun, 12 Sep 2021 | HK$4.5t | HK$5.8t | HK$581.6b | 7.6x | 7.8x | 0.8x |
| Tue, 10 Aug 2021 | HK$4.6t | HK$5.8t | HK$577.4b | 7.4x | 8x | 0.8x |
| Mon, 03 May 2021 | HK$5.4t | HK$5.5t | HK$522.9b | 7.9x | 10.3x | 1x |
Price to Earnings Ratio
10.3x
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 close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 9.9% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Real Estate industry?
| HK Market | 3.52% | |
| Real Estate | 4.82% | |
| Real Estate | 4.57% | |
| Real Estate Development | 5.96% | |
| Real Estate Services | 4.01% | |
| Real Estate Operating Companies | 3.54% | |
| Diversified Real Estate | 2.88% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry even though it's trading below its 3-year average PE ratio of 43.3x.
- Analysts are expecting annual earnings growth of 17.0%, which is higher than its past year's earnings decline of 3.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 2.6% per year.
- In contrast, the Real Estate Development industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| 1109 China Resources Land | HK$27.80 | 18.3% +HK$30.7b | -23.6% | PE5.8x | |
| 688 China Overseas Land & Investment | HK$13.96 | 21.2% +HK$26.7b | -29.6% | PE5.5x | |
| 960 Longfor Group Holdings | HK$11.00 | 20.9% +HK$12.9b | -48.5% | PE5.4x | |
| 16 Sun Hung Kai Properties | HK$72.85 | 4.1% +HK$8.3b | -33.2% | PE8.6x | |
| 1113 CK Asset Holdings | HK$33.40 | 7.4% +HK$8.1b | -27.9% | PE6.8x |
