These 4 Measures Indicate That Apex Ace Holding (HKG:6036) Is Using Debt Extensively
Dec 27
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Hong Kong (HSI) Technology Distributors Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies25
- 7D0.4%
- 3M4.7%
- 1Y9.5%
- YTDn/a
Last week, the Technology Distributors industry hasn't moved much but Apex Ace Holding is up 11% in that time. The past year has been better, since the industry has gained 9.5% in that time. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Hong Kong Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Dec 2024 | HK$19.0b | HK$183.9b | HK$2.2b | 7.1x | 8.8x | 0.1x |
| Wed, 27 Nov 2024 | HK$18.3b | HK$183.6b | HK$2.1b | 6.9x | 8.5x | 0.1x |
| Fri, 25 Oct 2024 | HK$18.5b | HK$182.9b | HK$2.0b | 7.6x | 9.3x | 0.1x |
| Sun, 22 Sep 2024 | HK$16.1b | HK$182.9b | HK$2.0b | 6.9x | 8x | 0.09x |
| Tue, 20 Aug 2024 | HK$16.6b | HK$172.9b | HK$2.0b | 6.6x | 8.5x | 0.1x |
| Thu, 18 Jul 2024 | HK$16.0b | HK$170.0b | HK$2.0b | 7.2x | 8.1x | 0.09x |
| Sat, 15 Jun 2024 | HK$17.1b | HK$170.3b | HK$1.5b | 8.8x | 11.7x | 0.1x |
| Mon, 13 May 2024 | HK$17.9b | HK$170.3b | HK$1.5b | 9.1x | 12.2x | 0.1x |
| Wed, 10 Apr 2024 | HK$17.0b | HK$170.2b | HK$1.5b | 7.3x | 11.6x | 0.1x |
| Fri, 08 Mar 2024 | HK$16.3b | HK$167.1b | HK$1.3b | 6.5x | 12.6x | 0.1x |
| Sun, 04 Feb 2024 | HK$16.3b | HK$167.1b | HK$1.3b | 6.7x | 12.6x | 0.1x |
| Tue, 02 Jan 2024 | HK$16.9b | HK$167.3b | HK$1.3b | 6.8x | 13x | 0.1x |
| Thu, 30 Nov 2023 | HK$16.4b | HK$167.1b | HK$1.3b | 6.2x | 13x | 0.1x |
| Sat, 28 Oct 2023 | HK$16.6b | HK$167.2b | HK$1.4b | 6.4x | 12.1x | 0.1x |
| Mon, 25 Sep 2023 | HK$25.1b | HK$167.2b | HK$1.4b | 6.7x | 18.3x | 0.1x |
| Wed, 23 Aug 2023 | HK$15.8b | HK$180.7b | HK$1.6b | 6.2x | 9.7x | 0.09x |
| Fri, 21 Jul 2023 | HK$16.7b | HK$182.0b | HK$1.8b | 5.8x | 9.4x | 0.09x |
| Sun, 18 Jun 2023 | HK$17.4b | HK$182.8b | HK$1.8b | 5.4x | 9.9x | 0.1x |
| Tue, 16 May 2023 | HK$17.9b | HK$183.1b | HK$1.8b | 5.5x | 10.2x | 0.1x |
| Thu, 13 Apr 2023 | HK$18.3b | HK$183.5b | HK$1.8b | 5.7x | 10.2x | 0.1x |
| Sat, 11 Mar 2023 | HK$16.5b | HK$190.8b | HK$2.2b | 4.3x | 7.3x | 0.09x |
| Mon, 06 Feb 2023 | HK$17.4b | HK$190.8b | HK$2.3b | 5x | 7.7x | 0.09x |
| Wed, 04 Jan 2023 | HK$16.9b | HK$190.8b | HK$2.3b | 4.8x | 7.5x | 0.09x |
| Fri, 02 Dec 2022 | HK$16.2b | HK$190.7b | HK$2.3b | 4.9x | 7.2x | 0.08x |
| Sun, 30 Oct 2022 | HK$14.9b | HK$192.2b | HK$2.4b | 4.6x | 6.1x | 0.08x |
| Tue, 27 Sep 2022 | HK$16.9b | HK$192.2b | HK$2.4b | 5.6x | 6.9x | 0.09x |
| Thu, 25 Aug 2022 | HK$18.0b | HK$188.1b | HK$2.5b | 4.9x | 7.1x | 0.1x |
| Sat, 23 Jul 2022 | HK$19.2b | HK$195.1b | HK$2.6b | 4.9x | 7.3x | 0.1x |
| Mon, 20 Jun 2022 | HK$19.5b | HK$195.1b | HK$2.8b | 4.8x | 7x | 0.1x |
| Wed, 18 May 2022 | HK$20.0b | HK$196.2b | HK$2.9b | 5x | 7x | 0.1x |
| Fri, 15 Apr 2022 | HK$21.5b | HK$196.5b | HK$2.9b | 5.8x | 7.5x | 0.1x |
| Sun, 13 Mar 2022 | HK$22.3b | HK$183.9b | HK$2.6b | 6.1x | 8.7x | 0.1x |
| Tue, 08 Feb 2022 | HK$24.8b | HK$183.9b | HK$2.6b | 6.4x | 9.6x | 0.1x |
| Thu, 06 Jan 2022 | HK$24.9b | HK$183.8b | HK$2.6b | 6x | 9.7x | 0.1x |
Price to Earnings Ratio
9.7x
Current Industry PE
- Investors are pessimistic on the Hong Kong Technology Distributors 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 8.8x which is lower than its 3-year average PE of 10.2x.
- The industry is trading close to its 3-year average PS ratio of 0.11x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have declined 5.5% per year over the last three years.
- 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 Technology Distributors compare with similar industries?
| HK Market | 2.11% | |
| Tech | 6.04% | |
| Electronic Equipment and Components | 3.48% | |
| Technology Distributors | 0.44% | |
| Electronic Equipment and Instruments | 4.61% | |
| Electronic Components | 3.44% | |
| Electronic Manufacturing Services | 2.55% | |
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 | |
|---|---|---|---|---|---|
| 6036 Apex Ace Holding | HK$0.65 | 18.2% +HK$105.4m | 52.9% | PE161.2x | |
| 1335 Sheen Tai Holdings Group | HK$0.22 | 24.7% +HK$104.7m | 164.6% | PS1.7x | |
| 3991 Changhong Jiahua Holdings | HK$0.59 | 1.7% +HK$25.7m | 37.2% | PE4.2x | |
| 1473 Pangaea Connectivity Technology | HK$0.20 | 12.6% +HK$21.4m | -25.7% | PS0.1x | |
| 8379 Prime Intelligence Solutions Group | HK$0.089 | 25.4% +HK$14.4m | -49.7% | PS1.1x |
