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Hong Kong (HSI) Real Estate Development Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies113
- 7D6.0%
- 3M-2.1%
- 1Y-37.4%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has risen 6.0%, driven by gains in China Resources Land and China Overseas Land & Investment of 9.5% and 12%, respectively. In the same time, C C Land Holdings was down 6.7%. In contrast, the industry has lost 37% in the last 12 months. Looking forward, earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Hong Kong Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | HK$964.3b | HK$3.3t | -HK$154,915,502,549.88 | 4.8x | -6.2x | 0.3x |
| Sun, 24 Mar 2024 | HK$953.5b | HK$3.1t | -HK$230,485,052,805.05 | 5x | -4.1x | 0.3x |
| Tue, 20 Feb 2024 | HK$970.1b | HK$3.1t | -HK$213,392,867,037.40 | 5x | -4.5x | 0.3x |
| Thu, 18 Jan 2024 | HK$965.4b | HK$3.2t | -HK$218,372,636,899.00 | 5.2x | -4.4x | 0.3x |
| Sat, 16 Dec 2023 | HK$1.1t | HK$3.3t | -HK$220,870,537,659.00 | 5.8x | -5.1x | 0.3x |
| Mon, 13 Nov 2023 | HK$1.1t | HK$3.2t | -HK$210,650,165,511.00 | 6.2x | -5.4x | 0.4x |
| Wed, 11 Oct 2023 | HK$1.2t | HK$3.2t | -HK$210,614,953,409.00 | 7.1x | -5.7x | 0.4x |
| Fri, 08 Sep 2023 | HK$1.3t | HK$3.3t | -HK$188,849,638,559.00 | 7.4x | -7.1x | 0.4x |
| Sun, 06 Aug 2023 | HK$1.4t | HK$3.9t | -HK$73,705,348,030.00 | 6.7x | -19.6x | 0.4x |
| Tue, 04 Jul 2023 | HK$1.4t | HK$4.0t | -HK$33,148,299,244.00 | 6.9x | -43.1x | 0.4x |
| Thu, 01 Jun 2023 | HK$1.3t | HK$4.1t | -HK$33,229,505,405.00 | 6x | -40x | 0.3x |
| Sat, 29 Apr 2023 | HK$1.6t | HK$4.2t | -HK$16,270,671,072.00 | 6.6x | -97x | 0.4x |
| Mon, 27 Mar 2023 | HK$1.6t | HK$4.7t | HK$246.2b | 5.1x | 6.6x | 0.3x |
| Wed, 22 Feb 2023 | HK$1.7t | HK$4.8t | HK$287.6b | 4.7x | 6x | 0.4x |
| Fri, 20 Jan 2023 | HK$1.8t | HK$4.8t | HK$289.0b | 4.8x | 6.1x | 0.4x |
| Sun, 18 Dec 2022 | HK$1.7t | HK$4.7t | HK$284.7b | 5x | 6x | 0.4x |
| Tue, 15 Nov 2022 | HK$1.6t | HK$4.7t | HK$285.7b | 3.9x | 5.6x | 0.3x |
| Thu, 13 Oct 2022 | HK$1.5t | HK$4.7t | HK$285.3b | 3.7x | 5.1x | 0.3x |
| Sat, 10 Sep 2022 | HK$1.7t | HK$4.8t | HK$289.2b | 4.8x | 6x | 0.4x |
| Mon, 08 Aug 2022 | HK$1.7t | HK$5.1t | HK$418.6b | 4.3x | 4.1x | 0.3x |
| Wed, 06 Jul 2022 | HK$2.0t | HK$5.1t | HK$418.2b | 4.6x | 4.8x | 0.4x |
| Fri, 03 Jun 2022 | HK$2.0t | HK$5.1t | HK$422.5b | 4.8x | 4.7x | 0.4x |
| Sun, 01 May 2022 | HK$2.1t | HK$5.2t | HK$426.6b | 5x | 4.9x | 0.4x |
| Tue, 29 Mar 2022 | HK$2.1t | HK$5.3t | HK$519.3b | 4.3x | 4x | 0.4x |
| Thu, 24 Feb 2022 | HK$2.3t | HK$5.2t | HK$519.9b | 4.6x | 4.4x | 0.4x |
| Sat, 22 Jan 2022 | HK$2.4t | HK$5.2t | HK$512.3b | 4.7x | 4.6x | 0.5x |
| Mon, 20 Dec 2021 | HK$2.1t | HK$5.2t | HK$510.8b | 4.5x | 4.2x | 0.4x |
| Wed, 17 Nov 2021 | HK$2.2t | HK$5.2t | HK$508.5b | 4.6x | 4.4x | 0.4x |
| Fri, 15 Oct 2021 | HK$2.3t | HK$5.1t | HK$502.9b | 5x | 4.6x | 0.4x |
| Sun, 12 Sep 2021 | HK$2.4t | HK$5.1t | HK$498.4b | 5.1x | 4.9x | 0.5x |
| Tue, 10 Aug 2021 | HK$2.5t | HK$5.1t | HK$494.5b | 5.2x | 5x | 0.5x |
| Mon, 03 May 2021 | HK$3.0t | HK$4.8t | HK$467.6b | 6x | 6.4x | 0.6x |
Price to Earnings Ratio
6.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Real Estate Development 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 0.43x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 12% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Real Estate Development compare with similar industries?
| 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 PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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% | PE5.9x | |
| 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 | |
| 1113 CK Asset Holdings | HK$33.40 | 7.4% +HK$8.1b | -27.9% | PE6.8x | |
| 12 Henderson Land Development | HK$23.75 | 7.2% +HK$7.7b | -14.9% | PE12.4x |
