Here's Why Huafa Property Services Group (HKG:982) Has Caught The Eye Of Investors
May 28
Hong Kong (HSI) Real Estate Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies252
- 7D-5.1%
- 3M7.1%
- 1Y-17.7%
- YTD0.9%
The Real Estate industry is down 5.8% over the last week with China Resources Land the worst performer, down 5.6%. On the other hand Radiance Holdings (Group) is actually up 50%. However, the industry is down 17% over the past year. As for the next few years, earnings are expected to grow by 14% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | HK$2.2t | HK$4.0t | -HK$67,867,151,392.33 | 7.4x | -31.9x | 0.5x |
| Fri, 26 Apr 2024 | HK$1.9t | HK$4.0t | -HK$77,396,150,131.55 | 6.7x | -25x | 0.5x |
| Sun, 24 Mar 2024 | HK$1.9t | HK$3.9t | -HK$154,742,810,615.11 | 6.6x | -12.5x | 0.5x |
| Tue, 20 Feb 2024 | HK$1.9t | HK$3.9t | -HK$171,163,999,352.80 | 6.1x | -11.4x | 0.5x |
| Thu, 18 Jan 2024 | HK$2.0t | HK$4.0t | -HK$179,706,052,410.00 | 6.4x | -10.9x | 0.5x |
| Sat, 16 Dec 2023 | HK$2.2t | HK$4.0t | -HK$181,911,265,512.00 | 6.8x | -12.2x | 0.6x |
| Mon, 13 Nov 2023 | HK$2.2t | HK$3.9t | -HK$173,053,228,199.00 | 7.2x | -12.6x | 0.6x |
| Wed, 11 Oct 2023 | HK$2.3t | HK$3.9t | -HK$171,844,316,291.00 | 7.2x | -13.6x | 0.6x |
| Fri, 08 Sep 2023 | HK$2.6t | HK$4.0t | -HK$154,443,405,638.00 | 7.7x | -16.7x | 0.6x |
| Sun, 06 Aug 2023 | HK$2.8t | HK$4.7t | -HK$39,675,539,370.00 | 7.8x | -69.7x | 0.6x |
| Tue, 04 Jul 2023 | HK$2.8t | HK$4.8t | HK$4.9b | 7.5x | 577.4x | 0.6x |
| Thu, 01 Jun 2023 | HK$2.7t | HK$4.8t | HK$1.7b | 6.8x | 1552.6x | 0.5x |
| Sat, 29 Apr 2023 | HK$3.1t | HK$5.0t | HK$20.0b | 7.7x | 154.4x | 0.6x |
| Mon, 27 Mar 2023 | HK$3.1t | HK$5.5t | HK$298.0b | 6.2x | 10.5x | 0.6x |
| Wed, 22 Feb 2023 | HK$3.3t | HK$5.5t | HK$366.9b | 6.5x | 9.1x | 0.6x |
| Fri, 20 Jan 2023 | HK$3.4t | HK$5.6t | HK$370.7b | 6.4x | 9.3x | 0.6x |
| Sun, 18 Dec 2022 | HK$3.3t | HK$5.5t | HK$365.5b | 6.7x | 9.1x | 0.6x |
| Tue, 15 Nov 2022 | HK$3.0t | HK$5.4t | HK$360.5b | 5.7x | 8.3x | 0.6x |
| Thu, 13 Oct 2022 | HK$2.8t | HK$5.4t | HK$361.3b | 5.7x | 7.8x | 0.5x |
| Sat, 10 Sep 2022 | HK$3.2t | HK$5.5t | HK$364.3b | 6.3x | 8.9x | 0.6x |
| Mon, 08 Aug 2022 | HK$3.2t | HK$5.8t | HK$494.3b | 5.7x | 6.5x | 0.6x |
| Wed, 06 Jul 2022 | HK$3.6t | HK$5.8t | HK$498.8b | 6.5x | 7.3x | 0.6x |
| Fri, 03 Jun 2022 | HK$3.6t | HK$5.9t | HK$508.2b | 6.5x | 7.2x | 0.6x |
| Sun, 01 May 2022 | HK$3.7t | HK$5.9t | HK$512.2b | 6.8x | 7.3x | 0.6x |
| Tue, 29 Mar 2022 | HK$3.8t | HK$6.1t | HK$631.9b | 5.8x | 6x | 0.6x |
| Thu, 24 Feb 2022 | HK$4.1t | HK$6.0t | HK$612.0b | 6.5x | 6.8x | 0.7x |
| Sat, 22 Jan 2022 | HK$4.2t | HK$5.9t | HK$600.5b | 6.8x | 7.1x | 0.7x |
| Mon, 20 Dec 2021 | HK$3.9t | HK$5.9t | HK$597.8b | 6.8x | 6.5x | 0.7x |
| Wed, 17 Nov 2021 | HK$4.2t | HK$5.9t | HK$594.1b | 7.5x | 7x | 0.7x |
| Fri, 15 Oct 2021 | HK$4.3t | HK$5.9t | HK$587.1b | 7.4x | 7.3x | 0.7x |
| Sun, 12 Sep 2021 | HK$4.5t | HK$5.8t | HK$581.6b | 7.6x | 7.8x | 0.8x |
| Tue, 10 Aug 2021 | HK$4.6t | HK$5.8t | HK$577.4b | 7.4x | 8x | 0.8x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are pessimistic on the Hong Kong Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
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 10% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Real Estate industry?
| HK Market | -0.73% | |
| Real Estate | -5.14% | |
| Real Estate | -5.09% | |
| Diversified Real Estate | -3.35% | |
| Real Estate Development | -5.59% | |
| Real Estate Operating Companies | -5.67% | |
| Real Estate Services | -7.57% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry even though it's trading below its 3-year average PE ratio of 42.8x.
- Analysts are expecting annual earnings growth of 16.3%, which is higher than its past year's earnings decline of 1.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 3.0% per year.
- In contrast, the Real Estate Development industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 9993 Radiance Holdings (Group) | HK$3.32 | 50.2% +HK$4.5b | -6.5% | PS0.4x | |
| 982 Huafa Property Services Group | HK$0.28 | 23.9% +HK$533.2m | 137.1% | PE10.3x | |
| 258 Tomson Group | HK$1.73 | 6.1% +HK$205.2m | 6.8% | PE83.2x | |
| 1224 C C Land Holdings | HK$1.21 | 4.3% +HK$194.1m | -24.4% | PS9.9x | |
| 108 GR Life Style | HK$0.41 | 17.1% +HK$192.0m | -56.8% | PS3.7x |
