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Hong Kong (HSI) Real Estate Operating Companies Industry Analysis

UpdatedMay 12, 2026
DataAggregated Company Financials
Companies92
  • 7D2.9%
  • 3M-1.3%
  • 1Y27.9%
  • YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has risen 2.6%, driven by gains from China Resources Mixc Lifestyle Services of 7.2%. This means that the industry has gained 28% over the past year. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 May 2026HK$610.9bHK$364.4b-HK$26,195,495,860.9510.4x-23.3x1.7x
Thu, 09 Apr 2026HK$573.9bHK$363.0b-HK$26,359,846,419.809.8x-21.8x1.6x
Sat, 07 Mar 2026HK$603.6bHK$351.9b-HK$3,914,361,732.5610.7x-154.2x1.7x
Mon, 02 Feb 2026HK$605.3bHK$355.0b-HK$4,817,415,871.9111.3x-125.6x1.7x
Wed, 31 Dec 2025HK$560.7bHK$352.7b-HK$4,641,470,713.2210.9x-120.8x1.6x
Fri, 28 Nov 2025HK$587.2bHK$348.8b-HK$5,628,963,130.8611.5x-104.3x1.7x
Sun, 26 Oct 2025HK$562.9bHK$344.8b-HK$5,091,636,443.6311.2x-110.6x1.6x
Tue, 23 Sep 2025HK$568.8bHK$345.6b-HK$4,713,325,925.4211.9x-120.7x1.6x
Thu, 21 Aug 2025HK$555.0bHK$343.3b-HK$6,857,923,314.039.8x-80.9x1.6x
Sat, 19 Jul 2025HK$528.2bHK$345.3b-HK$1,752,315,714.629.8x-301.4x1.5x
Mon, 16 Jun 2025HK$501.8bHK$353.6b-HK$3,289,550,536.918.3x-152.6x1.4x
Wed, 14 May 2025HK$481.0bHK$351.7b-HK$3,601,328,417.908.5x-133.6x1.4x
Fri, 11 Apr 2025HK$458.6bHK$346.8b-HK$3,508,214,189.347.8x-130.7x1.3x
Sun, 09 Mar 2025HK$487.4bHK$355.0b-HK$760,229,188.017.5x-641.2x1.4x
Tue, 04 Feb 2025HK$439.5bHK$368.0bHK$4.6b6.5x95.9x1.2x
Thu, 02 Jan 2025HK$450.4bHK$365.1bHK$5.5b6.8x82.5x1.2x
Sat, 30 Nov 2024HK$458.4bHK$367.3bHK$5.4b6.8x85.5x1.2x
Mon, 28 Oct 2024HK$485.4bHK$374.0bHK$7.0b6.8x69.5x1.3x
Wed, 25 Sep 2024HK$446.6bHK$380.2bHK$7.4b6.2x60x1.2x
Fri, 23 Aug 2024HK$408.3bHK$372.3bHK$11.7b6.4x34.9x1.1x
Sun, 21 Jul 2024HK$420.7bHK$365.4bHK$17.9b6.6x23.5x1.2x
Tue, 18 Jun 2024HK$445.9bHK$366.5bHK$21.8b8.2x20.5x1.2x
Thu, 16 May 2024HK$492.0bHK$366.2bHK$21.9b8.3x22.4x1.3x
Sat, 13 Apr 2024HK$445.9bHK$367.7bHK$23.9b8x18.7x1.2x
Mon, 11 Mar 2024HK$450.1bHK$343.7bHK$28.3b6.2x15.9x1.3x
Wed, 07 Feb 2024HK$441.8bHK$333.5bHK$11.6b6.3x38.2x1.3x
Fri, 05 Jan 2024HK$507.6bHK$348.3bHK$7.9b7.1x64.3x1.5x
Sun, 03 Dec 2023HK$524.4bHK$348.8bHK$8.1b6.8x64.6x1.5x
Tue, 31 Oct 2023HK$542.5bHK$343.4bHK$7.4b6.5x73.4x1.6x
Thu, 28 Sep 2023HK$560.1bHK$343.7bHK$7.4b6.2x76.1x1.6x
Sat, 26 Aug 2023HK$610.0bHK$337.5bHK$10.0b7x60.9x1.8x
Mon, 24 Jul 2023HK$688.2bHK$353.2bHK$11.4b7.8x60.4x1.9x
Wed, 21 Jun 2023HK$721.0bHK$353.8bHK$9.7b7.8x74.2x2x
Fri, 19 May 2023HK$728.5bHK$359.2bHK$10.0b8.6x72.8x2x
Price to Earnings Ratio

72.8x


Total Market Cap: HK$728.5bTotal Earnings: HK$10.0bTotal Revenue: HK$359.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Real Estate Operating Companies Industry Price to Earnings3Y Average -24x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Real Estate Operating Companies industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Real Estate Operating Companies industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

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

HK Market0.77%
Real Estate6.88%
Real Estate7.09%
Real Estate Operating Companies2.89%
Real Estate Development10.32%
Real Estate Services5.56%
Diversified Real Estate4.67%
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?

CompanyLast Price7D1YValuation
1209 China Resources Mixc Lifestyle ServicesHK$50.157.1%
+HK$7.6b		33.9%PE25x
1997 Wharf Real Estate InvestmentHK$26.006.0%
+HK$4.5b		30.9%PS6.2x
1972 Swire PropertiesHK$25.421.6%
+HK$2.3b		51.3%PS8.8x
2602 OnewoHK$18.437.0%
+HK$1.4b		-14.9%PE26.6x
6049 Poly Property ServicesHK$33.046.2%
+HK$1.1b		3.6%PE10.2x

Latest News

873
HK$0.61
Shimao Services Holdings
7D
-4.7%
1Y
-25.6%
Analysis Article • May 08

We Like Shimao Services Holdings' (HKG:873) Earnings For More Than Just Statutory Profit

Shareholders appeared to be happy with Shimao Services Holdings Limited's ( HKG:873 ) solid earnings report last week...
101
HK$9.01
Hang Lung Properties
7D
-3.0%
1Y
42.3%
Narrative Update • May 07

101: Slightly Higher Margins And Lower Required Returns Will Support Future Upside

Analysts maintain their Hang Lung Properties target at HK$12.00, with slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions supporting this unchanged view. Valuation Changes Fair Value: HK$12.0 remains unchanged, keeping the analyst fair value estimate steady.
1209
HK$50.15
China Resources Mixc Lifestyle Services
7D
7.1%
1Y
33.9%
Analysis Article • May 06

Impressive Earnings May Not Tell The Whole Story For China Resources Mixc Lifestyle Services (HKG:1209)

China Resources Mixc Lifestyle Services Limited's ( HKG:1209 ) robust earnings report didn't manage to move the market...
2602
HK$18.43
Onewo
7D
7.0%
1Y
-14.9%
6049
HK$33.04
Poly Property Services
7D
6.2%
1Y
3.6%
6098
HK$6.56
Country Garden Services Holdings
7D
3.8%
1Y
-9.5%
Analysis Article • May 01

Some May Be Optimistic About Country Garden Services Holdings' (HKG:6098) Earnings

The market for Country Garden Services Holdings Company Limited's ( HKG:6098 ) shares didn't move much after it posted...
1997
HK$26.00
Wharf Real Estate Investment
7D
6.0%
1Y
30.9%
Narrative Update • Apr 22

1997: Times Square Pressures Will Set Up Future Income Resilience

Analysts have reduced their average 12 month price target for Wharf Real Estate Investment to HK$28, down from HK$30.20, citing a more cautious stance on Hong Kong retail as well as rising competitive and structural pressures at the Times Square portfolio. Analyst Commentary Recent Street research has turned more cautious on Wharf Real Estate Investment, with both JPMorgan and Goldman Sachs highlighting pressure on Hong Kong retail and the Times Square portfolio.
1972
HK$25.42
Swire Properties
7D
1.6%
1Y
51.3%
Narrative Update • Apr 21

1972: Upcoming HK$0.80 Dividend Will Support Higher Future P/E

Analysts have made a small upward adjustment to their fair value estimate for Swire Properties, with the target moving from about HK$28.54 to roughly HK$28.71. This reflects updated assumptions on the discount rate, long term revenue growth, profit margin and future P/E.
14
HK$20.34
Hysan Development
7D
2.0%
1Y
56.9%
Narrative Update • Apr 20

14: Treasury Share And Paperless Dividend Reforms Will Drive Bullish Repricing

Analysts have held their HK$23.26 price target steady for Hysan Development, citing unchanged assumptions for the discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. What's in the News The board proposes amendments to Hysan Development's articles of association to align with the amended Companies Ordinance on the treasury share regime for Hong Kong incorporated listed issuers (Key Developments).
2146
HK$1.10
Roiserv Lifestyle Services
7D
-12.7%
1Y
-28.6%
1528
HK$1.42
Red Star Macalline Group
7D
-1.4%
1Y
0%
108
HK$2.47
GR Life Style
7D
-0.8%
1Y
280.0%
720
HK$0.32
Auto Italia Holdings
7D
-9.9%
1Y
75.8%
2869
HK$4.83
Greentown Service Group
7D
5.5%
1Y
10.0%
Analysis Article • Mar 27

Shareholders Can Be Confident That Greentown Service Group's (HKG:2869) Earnings Are High Quality

Greentown Service Group Co. Ltd.'s ( HKG:2869 ) strong earnings report was rewarded with a positive stock price move...
191
HK$0.78
Lai Sun Garment (International)
7D
-15.2%
1Y
50.0%
29
HK$11.05
Dynamic Holdings
7D
-4.7%
1Y
-21.2%