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Hong Kong (HSI) Real Estate Industry Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies241
- 7D12.8%
- 3M9.5%
- 1Y-9.8%
- YTD-3.2%
Over the last 7 days, the Real Estate industry has risen 13%, and China Resources Land contributed the most with a gain of 31%. However, the industry is down 9.8% over the past year. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Hong Kong Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | HK$2.0t | HK$3.2t | -HK$76,751,835,064.19 | 7.1x | -25.7x | 0.6x |
| Sun, 25 Aug 2024 | HK$1.7t | HK$3.4t | -HK$73,580,407,510.70 | 7x | -23.3x | 0.5x |
| Tue, 23 Jul 2024 | HK$1.9t | HK$3.4t | -HK$17,573,330,649.50 | 6.8x | -108.2x | 0.6x |
| Thu, 20 Jun 2024 | HK$2.0t | HK$4.0t | -HK$67,785,398,703.93 | 7.1x | -29.4x | 0.5x |
| Sat, 18 May 2024 | HK$2.3t | HK$4.0t | -HK$68,167,819,340.30 | 7.8x | -34.1x | 0.6x |
| Mon, 15 Apr 2024 | HK$1.9t | HK$4.0t | -HK$77,125,370,875.36 | 6.7x | -24.4x | 0.5x |
| Wed, 13 Mar 2024 | HK$2.1t | HK$3.9t | -HK$155,596,638,114.71 | 5.8x | -13.2x | 0.5x |
| Fri, 09 Feb 2024 | HK$1.9t | HK$3.9t | -HK$173,933,646,422.03 | 5.9x | -11.2x | 0.5x |
| Sun, 07 Jan 2024 | HK$2.2t | HK$4.0t | -HK$181,163,093,970.00 | 6.8x | -11.9x | 0.5x |
| Tue, 05 Dec 2023 | HK$2.2t | HK$4.0t | -HK$181,347,978,952.00 | 7.1x | -11.9x | 0.5x |
| Thu, 02 Nov 2023 | HK$2.2t | HK$3.9t | -HK$172,521,025,979.00 | 7.3x | -12.8x | 0.6x |
| Sat, 30 Sep 2023 | HK$2.4t | HK$3.9t | -HK$172,010,653,236.00 | 7.7x | -13.9x | 0.6x |
| Mon, 28 Aug 2023 | HK$2.5t | HK$4.6t | -HK$36,113,035,307.00 | 6.9x | -69.7x | 0.5x |
| Wed, 26 Jul 2023 | HK$2.8t | HK$4.8t | HK$3.2b | 7.5x | 859.9x | 0.6x |
| Fri, 23 Jun 2023 | HK$2.8t | HK$4.8t | HK$2.8b | 7.1x | 990.9x | 0.6x |
| Sun, 21 May 2023 | HK$2.8t | HK$4.9t | HK$534.3m | 7.4x | 5310.4x | 0.6x |
| Tue, 18 Apr 2023 | HK$3.2t | HK$5.0t | HK$19.4b | 7.6x | 166.8x | 0.6x |
| Thu, 16 Mar 2023 | HK$3.1t | HK$5.5t | HK$316.4b | 5.9x | 9.8x | 0.6x |
| Sat, 11 Feb 2023 | HK$3.4t | HK$5.6t | HK$370.9b | 6.6x | 9.1x | 0.6x |
| Mon, 09 Jan 2023 | HK$3.5t | HK$5.5t | HK$369.0b | 6.7x | 9.4x | 0.6x |
| Wed, 07 Dec 2022 | HK$3.2t | HK$5.5t | HK$365.9b | 6.6x | 8.8x | 0.6x |
| Fri, 04 Nov 2022 | HK$2.5t | HK$5.4t | HK$357.5b | 5.3x | 6.9x | 0.5x |
| Sun, 02 Oct 2022 | HK$2.9t | HK$5.4t | HK$362.4b | 5.7x | 8x | 0.5x |
| Tue, 30 Aug 2022 | HK$3.2t | HK$5.8t | HK$465.7b | 5.9x | 6.8x | 0.5x |
| Thu, 28 Jul 2022 | HK$3.3t | HK$5.8t | HK$496.5b | 6.2x | 6.6x | 0.6x |
| Sat, 25 Jun 2022 | HK$3.5t | HK$5.8t | HK$505.9b | 6.5x | 7x | 0.6x |
| Mon, 23 May 2022 | HK$3.7t | HK$5.8t | HK$507.0b | 6.6x | 7.2x | 0.6x |
| Wed, 20 Apr 2022 | HK$3.9t | HK$6.1t | HK$525.9b | 6.8x | 7.5x | 0.6x |
| Fri, 18 Mar 2022 | HK$3.8t | HK$6.0t | HK$630.6b | 6x | 6x | 0.6x |
| Sun, 13 Feb 2022 | HK$4.3t | HK$5.9t | HK$602.8b | 6.8x | 7.2x | 0.7x |
| Tue, 11 Jan 2022 | HK$4.0t | HK$5.9t | HK$598.5b | 7x | 6.8x | 0.7x |
| Thu, 09 Dec 2021 | HK$4.1t | HK$5.9t | HK$597.7b | 6.8x | 6.8x | 0.7x |
| Sat, 06 Nov 2021 | HK$4.0t | HK$5.9t | HK$591.7b | 7.3x | 6.8x | 0.7x |
| Mon, 04 Oct 2021 | HK$4.3t | HK$5.9t | HK$586.1b | 7.4x | 7.3x | 0.7x |
Price to Earnings Ratio
7.3x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 18% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Real Estate industry?
| HK Market | 9.78% | |
| Real Estate | 11.89% | |
| Real Estate | 12.81% | |
| Real Estate Development | 16.54% | |
| Real Estate Services | 13.82% | |
| Real Estate Operating Companies | 13.53% | |
| Diversified Real Estate | 4.27% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 39.0x.
- Analysts are expecting annual earnings growth of 26.9%, which is higher than its past year's earnings growth of 1.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 20% per year.
- In contrast, the Real Estate Development industry is expected to see its earnings grow by 9.9% per year over the next few years.
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$27.90 | 30.7% +HK$46.7b | -10.6% | PE6.4x | |
| 688 China Overseas Land & Investment | HK$15.40 | 31.6% +HK$40.5b | -5.2% | PE6.8x | |
| 960 Longfor Group Holdings | HK$13.72 | 56.4% +HK$34.1b | -2.6% | PE8x | |
| 16 Sun Hung Kai Properties | HK$86.55 | 6.4% +HK$14.2b | 3.3% | PE12.4x | |
| 1209 China Resources Mixc Lifestyle Services | HK$32.20 | 22.0% +HK$13.2b | 1.9% | PE19.3x |
