Hong Kong (HSI) Real Estate Operating Companies Industry Analysis

UpdatedApr 26, 2024

DataAggregated Company Financials

Companies101

7D3.5%
3M-1.7%
1Y-40.3%
YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has risen 3.5%, driven by gains in Swire Properties and China Resources Mixc Lifestyle Services of 4.5% and 6.4%, respectively. In the same time, SCE Intelligent Commercial Management Holdings was down 26%. In the past year, the industry is down 40%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 26 Apr 2024	HK$452.4b	HK$366.6b	HK$23.1b	7.5x	19.6x	1.2x
Sun, 24 Mar 2024	HK$455.0b	HK$345.2b	HK$23.4b	7.2x	19.4x	1.3x
Tue, 20 Feb 2024	HK$446.6b	HK$330.2b	HK$11.4b	6.2x	39.1x	1.4x
Thu, 18 Jan 2024	HK$465.0b	HK$347.2b	HK$7.9b	6.7x	59.2x	1.3x
Sat, 16 Dec 2023	HK$519.5b	HK$349.6b	HK$8.2b	6.7x	63.7x	1.5x
Mon, 13 Nov 2023	HK$527.3b	HK$343.4b	HK$6.3b	6.7x	83.2x	1.5x
Wed, 11 Oct 2023	HK$562.7b	HK$344.1b	HK$7.4b	6.5x	76.1x	1.6x
Fri, 08 Sep 2023	HK$616.0b	HK$343.9b	HK$8.1b	6.9x	75.6x	1.8x
Sun, 06 Aug 2023	HK$678.0b	HK$337.0b	HK$7.9b	8.3x	85.9x	2x
Tue, 04 Jul 2023	HK$710.5b	HK$351.4b	HK$11.3b	8.1x	63.1x	2x
Thu, 01 Jun 2023	HK$689.9b	HK$356.7b	HK$9.9b	7.9x	69.8x	1.9x
Sat, 29 Apr 2023	HK$797.1b	HK$364.9b	HK$11.3b	8.8x	70.6x	2.2x
Mon, 27 Mar 2023	HK$803.1b	HK$353.5b	HK$19.2b	7.9x	41.7x	2.3x
Wed, 22 Feb 2023	HK$859.2b	HK$354.6b	HK$30.2b	8.5x	28.4x	2.4x
Fri, 20 Jan 2023	HK$906.4b	HK$358.3b	HK$32.5b	8.7x	27.9x	2.5x
Sun, 18 Dec 2022	HK$868.1b	HK$349.9b	HK$31.8b	9x	27.3x	2.5x
Tue, 15 Nov 2022	HK$740.3b	HK$346.9b	HK$33.6b	7.8x	22x	2.1x
Thu, 13 Oct 2022	HK$694.5b	HK$346.6b	HK$34.1b	7.3x	20.3x	2x
Sat, 10 Sep 2022	HK$731.9b	HK$321.9b	HK$32.9b	7.6x	22.3x	2.3x
Mon, 08 Aug 2022	HK$743.4b	HK$310.5b	HK$34.9b	7.7x	21.3x	2.4x
Wed, 06 Jul 2022	HK$869.8b	HK$312.0b	HK$39.9b	9.1x	21.8x	2.8x
Fri, 03 Jun 2022	HK$869.9b	HK$311.5b	HK$42.2b	8.7x	20.6x	2.8x
Sun, 01 May 2022	HK$892.3b	HK$313.2b	HK$42.3b	9.1x	21.1x	2.8x
Tue, 29 Mar 2022	HK$911.0b	HK$302.7b	HK$48.2b	9x	18.9x	3x
Thu, 24 Feb 2022	HK$1.0t	HK$295.2b	HK$41.2b	11.1x	25.5x	3.6x
Sat, 22 Jan 2022	HK$1.1t	HK$292.4b	HK$37.4b	12x	28.7x	3.7x
Mon, 20 Dec 2021	HK$1.0t	HK$291.5b	HK$37.2b	10.7x	27.4x	3.5x
Wed, 17 Nov 2021	HK$1.2t	HK$291.1b	HK$36.6b	13.1x	31.7x	4x
Fri, 15 Oct 2021	HK$1.1t	HK$276.7b	HK$33.3b	13.3x	34.4x	4.1x
Sun, 12 Sep 2021	HK$1.1t	HK$275.1b	HK$33.0b	15x	34.9x	4.2x
Tue, 10 Aug 2021	HK$1.2t	HK$275.3b	HK$32.6b	16x	37.4x	4.4x
Mon, 03 May 2021	HK$1.4t	HK$243.1b	HK$18.4b	17.1x	76.9x	5.8x

Price to Earnings Ratio

76.9x

Mon, 03 May 2021

Current Industry PE

Investors are pessimistic on the Hong Kong Real Estate Operating Companies 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 19.6x which is lower than its 3-year average PE of 42.2x.

The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 1.2x.

Past Earnings Growth

The earnings for companies in the Real Estate Operating Companies industry have grown 7.8% per year over the last three years.
Revenues for these companies have grown 15% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Hong Kong Real Estate Operating Companies compare with similar industries?


HK Market	3.52%
Real Estate	4.82%
Real Estate	4.57%
Real Estate Operating Companies	3.54%
Real Estate Development	5.96%
Real Estate Services	4.01%
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
1209 China Resources Mixc Lifestyle Services	HK$28.20	12.1% +HK$7.0b	-32.0%	PE20.3x
1972 Swire Properties	HK$15.98	6.7% +HK$5.9b	-24.1%	PE35.5x
1997 Wharf Real Estate Investment	HK$23.85	6.5% +HK$4.4b	-47.1%	PE15.2x
6049 Poly Property Services	HK$29.50	13.2% +HK$1.9b	-39.0%	PE10.9x
2602 Onewo	HK$19.14	7.9% +HK$1.6b	-45.7%	PE10.7x

Latest News

2602

HK$19.14

Onewo

7.9%

-45.7%

There May Be Underlying Issues With The Quality Of Onewo's (HKG:2602) Earnings

Apr 24

1209

HK$28.20

China Resources Mixc Lifestyle Services

12.1%

-32.0%

What Is China Resources Mixc Lifestyle Services Limited's (HKG:1209) Share Price Doing?

Apr 22

606

HK$0.27

SCE Intelligent Commercial Management Holdings

-17.2%

-84.4%

The Market Doesn't Like What It Sees From SCE Intelligent Commercial Management Holdings Limited's (HKG:606) Earnings Yet As Shares Tumble 29%

Apr 21

101

HK$8.40

Hang Lung Properties

2.3%

-41.3%

Hang Lung Properties Limited's (HKG:101) Business Is Yet to Catch Up With Its Share Price

Apr 20

6098

HK$4.91

Country Garden Services Holdings

10.6%

-59.9%

Shareholders Should Be Pleased With Country Garden Services Holdings Company Limited's (HKG:6098) Price

Apr 19

HK$0.086

China Asia Valley Group

-18.1%

-13.1%

These 4 Measures Indicate That China Asia Valley Group (HKG:63) Is Using Debt Extensively

Apr 17

1972

HK$15.98

Swire Properties

6.7%

-24.1%

6093

HK$1.50

Hevol Services Group

-6.3%

-56.9%

1997

HK$23.85

Wharf Real Estate Investment

6.5%

-47.1%

565

HK$0.17

Art Group Holdings

-30.0%

-23.6%

Subdued Growth No Barrier To Art Group Holdings Limited (HKG:565) With Shares Advancing 30%

Apr 10

1009

HK$0.69

International Entertainment

-5.5%

68.3%

International Entertainment Corporation (HKG:1009) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing

Apr 08

2869

HK$3.33

Greentown Service Group

8.1%

-30.8%

We Like Greentown Service Group's (HKG:2869) Earnings For More Than Just Statutory Profit

Apr 02

251

HK$1.47

S E A Holdings

-11.4%

-31.9%

S E A Holdings (HKG:251) Is Due To Pay A Dividend Of HK$0.03

Mar 30

6049

HK$29.50

Poly Property Services

13.2%

-39.0%

108

HK$0.31

GR Life Style

-6.1%

-65.2%

105

HK$5.30

Associated International Hotels

-5.4%

-43.0%