There's Reason For Concern Over Hopefluent Group Holdings Limited's (HKG:733) Massive 33% Price Jump
Jul 21
Hong Kong (HSI) Real Estate Services Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies8
- 7D-2.8%
- 3M11.6%
- 1Y-44.5%
- YTDn/a
Over the last 7 days, the Real Estate Services industry has dropped 4.3%, driven by China Overseas Property Holdings declining 3.9%. In contrast, Hopefluent Group Holdings has gained 23%. The industry has fallen 40% in the last year. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Hong Kong Real Estate Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | HK$17.2b | HK$21.9b | HK$653.6m | 11.3x | 26.3x | 0.8x |
| Fri, 21 Jun 2024 | HK$18.1b | HK$22.0b | HK$655.9m | 11.6x | 27.5x | 0.8x |
| Sun, 19 May 2024 | HK$21.8b | HK$22.0b | HK$662.6m | 16x | 33x | 1x |
| Tue, 16 Apr 2024 | HK$14.8b | HK$22.1b | HK$714.3m | 9.8x | 20.7x | 0.7x |
| Thu, 14 Mar 2024 | HK$22.5b | HK$20.3b | HK$1.1b | 9.9x | 20.8x | 1.1x |
| Sat, 10 Feb 2024 | HK$18.4b | HK$20.3b | HK$1.2b | 9.5x | 15.7x | 0.9x |
| Mon, 08 Jan 2024 | HK$21.3b | HK$20.3b | HK$1.2b | 11.1x | 18.1x | 1x |
| Wed, 06 Dec 2023 | HK$20.9b | HK$20.3b | HK$1.2b | 10.5x | 17.7x | 1x |
| Fri, 03 Nov 2023 | HK$23.8b | HK$20.3b | HK$1.2b | 12x | 20.2x | 1.2x |
| Sun, 01 Oct 2023 | HK$30.5b | HK$20.3b | HK$1.2b | 15x | 25.9x | 1.5x |
| Tue, 29 Aug 2023 | HK$32.5b | HK$21.3b | HK$652.9m | 13.6x | 49.8x | 1.5x |
| Thu, 27 Jul 2023 | HK$31.7b | HK$19.8b | HK$434.1m | 20.2x | 73.1x | 1.6x |
| Sat, 24 Jun 2023 | HK$28.4b | HK$22.6b | HK$1.0b | 2.9x | 28.3x | 1.3x |
| Mon, 22 May 2023 | HK$29.3b | HK$22.6b | HK$1.0b | 2.8x | 29.2x | 1.3x |
| Wed, 19 Apr 2023 | HK$33.2b | HK$22.6b | HK$1.1b | 2.7x | 31.1x | 1.5x |
| Fri, 17 Mar 2023 | HK$32.3b | HK$26.9b | HK$280.5m | 7.3x | 115.1x | 1.2x |
| Sun, 12 Feb 2023 | HK$35.8b | HK$26.9b | HK$230.5m | 6.9x | 155.5x | 1.3x |
| Tue, 10 Jan 2023 | HK$37.5b | HK$26.9b | HK$230.4m | 6.6x | 162.5x | 1.4x |
| Thu, 08 Dec 2022 | HK$29.7b | HK$26.9b | HK$230.0m | 6.1x | 129.3x | 1.1x |
| Sat, 05 Nov 2022 | HK$22.8b | HK$36.4b | -HK$9,332,290,281.00 | 5.3x | -2.4x | 0.6x |
| Mon, 03 Oct 2022 | HK$26.2b | HK$36.7b | -HK$9,582,314,834.00 | 6.6x | -2.7x | 0.7x |
| Wed, 31 Aug 2022 | HK$30.0b | HK$37.2b | -HK$9,427,975,302.00 | 4.2x | -3.2x | 0.8x |
| Fri, 29 Jul 2022 | HK$31.8b | HK$38.4b | -HK$9,126,454,898.00 | 4.9x | -3.5x | 0.8x |
| Sun, 26 Jun 2022 | HK$32.3b | HK$38.5b | -HK$9,240,108,314.00 | 5.4x | -3.5x | 0.8x |
| Tue, 24 May 2022 | HK$33.4b | HK$38.5b | -HK$9,234,070,003.00 | 5.6x | -3.6x | 0.9x |
| Thu, 21 Apr 2022 | HK$35.2b | HK$39.2b | -HK$9,684,148,819.00 | 6.3x | -3.6x | 0.9x |
| Sat, 19 Mar 2022 | HK$30.1b | HK$41.1b | HK$553.2m | 6.1x | 54.3x | 0.7x |
| Mon, 14 Feb 2022 | HK$37.6b | HK$41.0b | HK$611.8m | 6.3x | 61.4x | 0.9x |
| Wed, 12 Jan 2022 | HK$34.0b | HK$41.0b | HK$614.5m | 6.3x | 55.3x | 0.8x |
| Fri, 10 Dec 2021 | HK$34.6b | HK$41.1b | HK$610.6m | 6.6x | 56.6x | 0.8x |
| Sun, 07 Nov 2021 | HK$29.4b | HK$41.8b | HK$675.0m | 8.4x | 43.6x | 0.7x |
| Tue, 05 Oct 2021 | HK$32.3b | HK$41.6b | HK$680.3m | 8.8x | 47.5x | 0.8x |
| Thu, 02 Sep 2021 | HK$33.6b | HK$40.7b | HK$465.9m | 9.5x | 72x | 0.8x |
| Sat, 31 Jul 2021 | HK$37.2b | HK$40.7b | HK$465.9m | 10x | 79.8x | 0.9x |
Price to Earnings Ratio
79.8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Real Estate Services 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 26.6x which is lower than its 3-year average PE of 40.4x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Real Estate Services industry have grown 12% per year over the last three years.
- Meanwhile revenues for these companies have declined 19% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Real Estate Services compare with similar industries?
| HK Market | -2.37% | |
| Real Estate | -2.42% | |
| Real Estate | -2.47% | |
| Real Estate Services | -2.84% | |
| Diversified Real Estate | -0.87% | |
| Real Estate Operating Companies | -2.99% | |
| Real Estate Development | -3.06% | |
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 | |
|---|---|---|---|---|---|
| 733 Hopefluent Group Holdings | HK$0.98 | 22.5% +HK$121.3m | -42.0% | PS0.5x | |
| 183 Winfull Group Holdings | HK$0.14 | 12.0% +HK$8.5m | -34.0% | PS2x | |
| 459 Legend Upstar Holdings | HK$0.10 | 1.0% +HK$1.8m | -26.1% | PS0.5x |
