Greentown Service Group (HKG:2869) Seems To Use Debt Quite Sensibly
Sep 11
Hong Kong (HSI) Real Estate Operating Companies Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies107
- 7D-2.5%
- 3M-13.0%
- 1Y-19.3%
- YTD-32.2%
Over the last 7 days, the Real Estate Operating Companies industry has dropped 2.5%, driven by a pullback from Wharf Real Estate Investment of 4.8%. On the other hand Sunac Services Holdings is actually up 32%. However, the industry is down 19% over the past year. Looking forward, earnings are forecast to grow by 29% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 23 Sep 2023 | HK$584.3b | HK$342.0b | HK$7.4b | 6.6x | 79x | 1.7x |
| Mon, 21 Aug 2023 | HK$601.0b | HK$334.7b | HK$8.4b | 7.2x | 71.1x | 1.8x |
| Wed, 19 Jul 2023 | HK$681.8b | HK$353.4b | HK$11.4b | 7.6x | 59.8x | 1.9x |
| Fri, 16 Jun 2023 | HK$736.9b | HK$354.0b | HK$9.7b | 8.3x | 75.8x | 2.1x |
| Sun, 14 May 2023 | HK$752.5b | HK$362.3b | HK$10.2b | 8.7x | 74.1x | 2.1x |
| Tue, 11 Apr 2023 | HK$805.4b | HK$366.5b | HK$11.4b | 8.8x | 70.8x | 2.2x |
| Thu, 09 Mar 2023 | HK$835.5b | HK$349.6b | HK$20.8b | 7.2x | 40.2x | 2.4x |
| Sat, 04 Feb 2023 | HK$895.8b | HK$360.0b | HK$33.2b | 8.7x | 27x | 2.5x |
| Mon, 02 Jan 2023 | HK$859.2b | HK$353.4b | HK$32.1b | 7.9x | 26.8x | 2.4x |
| Wed, 30 Nov 2022 | HK$781.6b | HK$342.8b | HK$33.0b | 8.2x | 23.7x | 2.3x |
| Fri, 28 Oct 2022 | HK$616.6b | HK$345.2b | HK$33.7b | 7.2x | 18.3x | 1.8x |
| Sun, 25 Sep 2022 | HK$686.8b | HK$317.4b | HK$32.5b | 7.7x | 21.1x | 2.2x |
| Tue, 23 Aug 2022 | HK$740.9b | HK$308.5b | HK$38.4b | 8x | 19.3x | 2.4x |
| Thu, 21 Jul 2022 | HK$785.0b | HK$311.5b | HK$39.8b | 8.6x | 19.7x | 2.5x |
| Sat, 18 Jun 2022 | HK$825.5b | HK$310.4b | HK$42.1b | 8.7x | 19.6x | 2.7x |
| Mon, 16 May 2022 | HK$848.3b | HK$307.6b | HK$41.6b | 8.9x | 20.4x | 2.8x |
| Wed, 13 Apr 2022 | HK$939.1b | HK$321.8b | HK$43.3b | 9x | 21.7x | 2.9x |
| Fri, 11 Mar 2022 | HK$925.3b | HK$297.5b | HK$47.9b | 10.1x | 19.3x | 3.1x |
| Sun, 06 Feb 2022 | HK$1.1t | HK$293.3b | HK$40.0b | 11.5x | 27.1x | 3.7x |
| Tue, 04 Jan 2022 | HK$990.3b | HK$292.4b | HK$37.4b | 10.6x | 26.5x | 3.4x |
| Thu, 02 Dec 2021 | HK$1.1t | HK$291.7b | HK$36.9b | 12.1x | 28.5x | 3.6x |
| Sat, 30 Oct 2021 | HK$1.1t | HK$278.4b | HK$34.2b | 12.6x | 32.4x | 4x |
| Mon, 27 Sep 2021 | HK$1.1t | HK$275.6b | HK$33.1b | 12.5x | 31.8x | 3.8x |
| Wed, 25 Aug 2021 | HK$1.2t | HK$275.3b | HK$32.6b | 15x | 36.8x | 4.4x |
| Thu, 01 Jul 2021 | HK$1.5t | HK$269.6b | HK$31.8b | 17.4x | 46.7x | 5.5x |
| Sun, 04 Apr 2021 | HK$1.4t | HK$243.0b | HK$18.4b | 17.3x | 76.4x | 5.8x |
| Wed, 06 Jan 2021 | HK$1.1t | HK$219.4b | HK$3.7b | 21.2x | 308.5x | 5.2x |
| Sat, 10 Oct 2020 | HK$767.2b | HK$161.5b | -HK$2,438,063,006.22 | 25.2x | -314.7x | 4.7x |
Price to Earnings Ratio
-314.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Real Estate Operating Companies industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 79.0x which is higher than its 3-year average PE of -786x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- Total earnings for the Real Estate Operating Companies industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 28% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Hong Kong Real Estate Operating Companies compare with similar industries?
| HK Market | -0.22% | |
| Real Estate | -1.95% | |
| Real Estate | -2.06% | |
| Real Estate Operating Companies | -2.55% | |
| Diversified Real Estate | -0.86% | |
| Real Estate Services | -2.27% | |
| Real Estate Development | -2.33% | |
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 | |
|---|---|---|---|---|---|
| 1516 Sunac Services Holdings | HK$3.33 | 32.1% +HK$2.5b | 57.8% | PE15.6x | |
| 9666 Jinke Smart Services Group | HK$9.34 | 4.1% +HK$229.0m | n/a | PS1.1x | |
| 10 Hang Lung Group | HK$11.22 | 1.1% +HK$163.4m | -14.0% | PE5.2x | |
| 9983 Central China New Life | HK$2.28 | 4.1% +HK$117.0m | -13.3% | PS0.9x | |
| 2271 Zhong An Intelligent Living Service | HK$0.69 | 16.9% +HK$51.7m | n/a | PE7.3x |
