Risks To Shareholder Returns Are Elevated At These Prices For China Ruyi Holdings Limited (HKG:136)
Sep 13
Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Hong Kong (HSI) Entertainment Industry Analysis
UpdatedSep 15, 2024
DataAggregated Company Financials
Companies54
- 7D-2.9%
- 3M-20.0%
- 1Y-24.8%
- YTD-24.4%
Over the last 7 days, the Entertainment industry has dropped 2.9%, driven by a pullback from China Ruyi Holdings of 6.9%. Meanwhile, Digital Domain Holdings actually outperformed within the industry, gaining 9.3% in the last week. The industry has fallen 25% in the last year. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Hong Kong Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 16 Sep 2024 | HK$152.8b | HK$83.8b | HK$552.7m | 11.9x | 276.4x | 1.8x |
| Wed, 14 Aug 2024 | HK$160.2b | HK$83.9b | HK$1.9b | 9.9x | 82.6x | 1.9x |
| Fri, 12 Jul 2024 | HK$166.9b | HK$83.4b | HK$1.8b | 10.9x | 91.5x | 2x |
| Sun, 09 Jun 2024 | HK$187.7b | HK$83.9b | HK$1.5b | 11.6x | 126.3x | 2.2x |
| Tue, 07 May 2024 | HK$190.8b | HK$83.3b | HK$1.2b | 11.5x | 154.8x | 2.3x |
| Thu, 04 Apr 2024 | HK$179.3b | HK$83.5b | HK$1.4b | 11.3x | 128.2x | 2.1x |
| Sat, 02 Mar 2024 | HK$178.8b | HK$83.3b | HK$632.8m | 23.4x | 282.5x | 2.1x |
| Mon, 29 Jan 2024 | HK$162.6b | HK$92.6b | -HK$1,297,852,330.00 | 18.3x | -125.3x | 1.8x |
| Wed, 27 Dec 2023 | HK$173.5b | HK$92.7b | -HK$1,296,762,458.00 | 18.6x | -133.8x | 1.9x |
| Fri, 24 Nov 2023 | HK$197.5b | HK$92.5b | -HK$1,339,004,848.00 | 19.5x | -147.5x | 2.1x |
| Sun, 22 Oct 2023 | HK$193.7b | HK$98.3b | -HK$7,985,482,225.00 | 14.1x | -24.3x | 2x |
| Tue, 19 Sep 2023 | HK$202.3b | HK$90.7b | -HK$8,640,572,817.00 | 17x | -23.4x | 2.2x |
| Thu, 17 Aug 2023 | HK$232.4b | HK$85.7b | -HK$12,359,135,017.00 | 18.8x | -18.8x | 2.7x |
| Sat, 15 Jul 2023 | HK$241.4b | HK$86.8b | -HK$12,662,687,771.00 | 26.5x | -19.1x | 2.8x |
| Mon, 12 Jun 2023 | HK$242.2b | HK$87.2b | -HK$12,715,573,757.00 | 21.1x | -19x | 2.8x |
| Wed, 10 May 2023 | HK$233.0b | HK$89.7b | -HK$12,625,394,397.00 | 24.2x | -18.5x | 2.6x |
| Fri, 07 Apr 2023 | HK$251.7b | HK$90.8b | -HK$9,168,346,173.00 | 17.4x | -27.5x | 2.8x |
| Sun, 05 Mar 2023 | HK$246.5b | HK$89.4b | -HK$7,186,062,587.00 | 8.1x | -34.3x | 2.8x |
| Tue, 31 Jan 2023 | HK$225.0b | HK$87.4b | -HK$5,351,417,480.00 | 7x | -42x | 2.6x |
| Thu, 29 Dec 2022 | HK$191.8b | HK$85.6b | -HK$4,971,572,511.00 | 6.8x | -38.6x | 2.2x |
| Sat, 26 Nov 2022 | HK$159.3b | HK$77.3b | -HK$4,929,877,233.00 | 7.9x | -32.3x | 2.1x |
| Mon, 24 Oct 2022 | HK$150.8b | HK$76.7b | HK$2.1b | 7.9x | 70.8x | 2x |
| Wed, 21 Sep 2022 | HK$173.8b | HK$79.2b | HK$2.4b | 7.5x | 71.5x | 2.2x |
| Fri, 19 Aug 2022 | HK$175.9b | HK$80.9b | -HK$2,856,181,280.00 | 8.1x | -61.6x | 2.2x |
| Sun, 17 Jul 2022 | HK$162.6b | HK$78.6b | -HK$4,081,438,499.00 | 8.1x | -39.8x | 2.1x |
| Tue, 14 Jun 2022 | HK$176.8b | HK$79.2b | -HK$4,025,104,456.00 | 9.5x | -43.9x | 2.2x |
| Thu, 12 May 2022 | HK$153.7b | HK$83.7b | -HK$3,930,893,911.00 | 8.9x | -39.1x | 1.8x |
| Sat, 09 Apr 2022 | HK$167.7b | HK$87.1b | -HK$4,011,071,947.00 | 8.9x | -41.8x | 1.9x |
| Mon, 07 Mar 2022 | HK$157.6b | HK$79.3b | HK$813.3m | 7.7x | 193.7x | 2x |
| Wed, 02 Feb 2022 | HK$184.3b | HK$78.6b | HK$538.7m | 8.7x | 342.1x | 2.3x |
| Fri, 31 Dec 2021 | HK$183.3b | HK$78.6b | HK$527.4m | 9.2x | 347.6x | 2.3x |
| Sun, 28 Nov 2021 | HK$208.7b | HK$78.4b | HK$502.2m | 12.3x | 415.5x | 2.7x |
| Tue, 26 Oct 2021 | HK$206.5b | HK$77.4b | HK$895.2m | 11.1x | 230.6x | 2.7x |
| Thu, 23 Sep 2021 | HK$144.3b | HK$68.4b | -HK$1,247,962,368.00 | 10.5x | -115.6x | 2.1x |
Price to Earnings Ratio
-115.6x
Current Industry PE
- Investors are optimistic on the Hong Kong Entertainment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 276x which is higher than its 3-year average PE of 59.5x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- Total earnings for the Entertainment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 7.0% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Telecom industry?
| HK Market | -2.15% | |
| Telecom | -0.83% | |
| Entertainment | -2.88% | |
| Interactive Home Entertainment | -2.03% | |
| Movies and Entertainment | -3.61% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry even though it's trading below its 3-year average PE ratio of 102x.
- Analysts are expecting annual earnings growth of 43.6%, which is higher than its past year's earnings decline of 33.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings decline of 34% per year.
- In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| 3888 Kingsoft | HK$21.50 | 2.4% +HK$664.9m | -23.5% | PE28.5x | |
| 9990 Archosaur Games | HK$1.93 | 20.6% +HK$262.3m | -26.6% | PS1.5x | |
| 1060 Alibaba Pictures Group | HK$0.36 | 1.4% +HK$148.6m | -33.6% | PE28.5x | |
| 547 Digital Domain Holdings | HK$0.41 | 3.8% +HK$119.7m | 79.8% | PS5.6x | |
| 1970 IMAX China Holding | HK$8.03 | 3.7% +HK$98.4m | -17.6% | PE13.3x |
