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Hong Kong (HSI) Real Estate Industry Analysis

UpdatedApr 21, 2024
DataAggregated Company Financials
Companies252
  • 7D-2.6%
  • 3M-4.9%
  • 1Y-39.3%
  • YTD-15.0%

Over the last 7 days, the Real Estate industry has dropped 2.6%, driven by Sun Hung Kai Properties declining 4.2%. Overall the industry is down 39% in 12 months. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Apr 2024HK$1.8tHK$4.0t-HK$77,757,572,429.406.5x-23.6x0.5x
Tue, 19 Mar 2024HK$2.0tHK$3.9t-HK$136,374,781,901.196.3x-14.5x0.5x
Thu, 15 Feb 2024HK$1.9tHK$3.9t-HK$171,539,011,727.435.9x-11.1x0.5x
Sat, 13 Jan 2024HK$2.1tHK$4.0t-HK$180,535,958,018.007.1x-11.7x0.5x
Mon, 11 Dec 2023HK$2.1tHK$4.0t-HK$180,007,558,666.007x-11.9x0.5x
Wed, 08 Nov 2023HK$2.2tHK$4.0t-HK$173,535,339,940.007.3x-12.9x0.6x
Fri, 06 Oct 2023HK$2.4tHK$3.9t-HK$172,010,791,309.007.4x-13.9x0.6x
Sun, 03 Sep 2023HK$2.5tHK$4.1t-HK$156,604,018,889.007.7x-16.1x0.6x
Tue, 01 Aug 2023HK$2.9tHK$4.7t-HK$35,976,234,187.007.9x-80x0.6x
Thu, 29 Jun 2023HK$2.8tHK$4.8tHK$3.0b7.2x935x0.6x
Sat, 27 May 2023HK$2.7tHK$4.9tHK$1.1b7x2423.1x0.6x
Mon, 24 Apr 2023HK$3.1tHK$5.0tHK$19.7b7.5x156.9x0.6x
Wed, 22 Mar 2023HK$3.1tHK$5.5tHK$315.8b6x9.8x0.6x
Fri, 17 Feb 2023HK$3.3tHK$5.6tHK$369.9b6.3x9x0.6x
Sun, 15 Jan 2023HK$3.4tHK$5.6tHK$372.0b6.2x9.2x0.6x
Tue, 13 Dec 2022HK$3.3tHK$5.5tHK$365.7b6.7x9x0.6x
Thu, 10 Nov 2022HK$2.6tHK$5.4tHK$358.1b5.4x7.3x0.5x
Sat, 08 Oct 2022HK$2.9tHK$5.5tHK$362.3b5.8x8.1x0.5x
Mon, 05 Sep 2022HK$3.1tHK$5.6tHK$383.0b6.2x8.1x0.6x
Wed, 03 Aug 2022HK$3.1tHK$5.8tHK$495.7b5.7x6.3x0.5x
Fri, 01 Jul 2022HK$3.7tHK$5.8tHK$504.7b6.6x7.3x0.6x
Sun, 29 May 2022HK$3.6tHK$5.8tHK$506.7b6.5x7.1x0.6x
Tue, 26 Apr 2022HK$3.7tHK$6.0tHK$518.2b6.6x7.1x0.6x
Thu, 24 Mar 2022HK$3.8tHK$6.0tHK$634.5b6x6x0.6x
Sat, 19 Feb 2022HK$4.2tHK$6.0tHK$609.6b6.5x6.9x0.7x
Mon, 17 Jan 2022HK$4.0tHK$5.9tHK$599.6b6.7x6.6x0.7x
Wed, 15 Dec 2021HK$3.9tHK$5.9tHK$598.5b6.7x6.5x0.7x
Fri, 12 Nov 2021HK$4.3tHK$5.9tHK$592.7b7.6x7.2x0.7x
Sun, 10 Oct 2021HK$4.3tHK$5.9tHK$586.2b7.4x7.3x0.7x
Tue, 07 Sep 2021HK$4.5tHK$5.8tHK$581.6b7.8x7.8x0.8x
Thu, 05 Aug 2021HK$4.5tHK$5.8tHK$577.4b7.4x7.9x0.8x
Sun, 09 May 2021HK$5.4tHK$5.5tHK$522.9b7.9x10.3x1x
Price to Earnings Ratio

10.3x


Total Market Cap: HK$5.4tTotal Earnings: HK$522.9bTotal Revenue: HK$5.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Real Estate Industry Price to Earnings3Y Average 109.6x202220232024
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-0.66%
Real Estate-2.75%
Real Estate-2.62%
Real Estate Development-1.99%
Real Estate Services-2.36%
Real Estate Operating Companies-2.90%
Diversified Real Estate-3.54%
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 43.4x.
    • 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?

CompanyLast Price7D1YValuation
247 Tsim Sha Tsui PropertiesHK$18.502.8%
+HK$1.4b
-13.6%PE11.6x
817 China Jinmao Holdings GroupHK$0.569.8%
+HK$675.0m
-63.4%PS0.1x
123 Yuexiu PropertyHK$3.863.8%
+HK$563.6m
-65.0%PE4.5x
101 Hang Lung PropertiesHK$8.211.4%
+HK$494.9m
-42.7%PE9.3x
2602 OnewoHK$17.742.3%
+HK$456.4m
-49.5%PE9.9x
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1997

HK$22.40

Wharf Real Estate Investment

7D

-6.7%

1Y

-49.7%

19

HK$60.80

Swire Pacific

7D

0.5%

1Y

3.9%

817

HK$0.56

China Jinmao Holdings Group

7D

9.8%

1Y

-63.4%

2602

HK$17.74

Onewo

7D

2.3%

1Y

-49.5%

9666

HK$8.74

Jinke Smart Services Group

7D

4.8%

1Y

-26.7%