Hong Kong (HSI) Entertainment Industry Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies55
- 7D-7.1%
- 3M-13.3%
- 1Y-44.4%
- YTD-39.7%
Over the last 7 days, the Entertainment industry has dropped 7.1%, driven by Kingsoft declining 10%. Meanwhile, Linmon Media actually outperformed within the industry, gaining 6.7% in the last week. Overall the industry is down 44% in 12 months. As for the next few years, earnings are expected to grow by 46% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | HK$159.3b | HK$77.2b | -HK$4,926,778,421.00 | 7.9x | -32.3x | 2.1x |
| Tue, 25 Oct 2022 | HK$150.8b | HK$76.7b | HK$2.1b | 7.9x | 70.8x | 2x |
| Thu, 22 Sep 2022 | HK$171.0b | HK$79.1b | HK$2.4b | 7.8x | 70.7x | 2.2x |
| Sat, 20 Aug 2022 | HK$176.2b | HK$82.0b | HK$1.2b | 8.1x | 147x | 2.2x |
| Mon, 18 Jul 2022 | HK$162.6b | HK$78.6b | -HK$4,081,438,499.00 | 8.1x | -39.8x | 2.1x |
| Wed, 15 Jun 2022 | HK$176.8b | HK$78.8b | -HK$4,016,310,277.00 | 9.7x | -44x | 2.2x |
| Fri, 13 May 2022 | HK$153.7b | HK$83.7b | -HK$3,930,893,911.00 | 8.9x | -39.1x | 1.8x |
| Sun, 10 Apr 2022 | HK$167.7b | HK$87.0b | -HK$4,010,311,699.00 | 8.9x | -41.8x | 1.9x |
| Tue, 08 Mar 2022 | HK$150.2b | HK$79.3b | HK$814.3m | 7.6x | 184.5x | 1.9x |
| Thu, 03 Feb 2022 | HK$184.3b | HK$78.6b | HK$537.1m | 8.7x | 343.1x | 2.3x |
| Sat, 01 Jan 2022 | HK$189.2b | HK$78.6b | HK$526.6m | 9.2x | 359.4x | 2.4x |
| Mon, 29 Nov 2021 | HK$208.7b | HK$78.4b | HK$502.2m | 12.3x | 415.5x | 2.7x |
| Wed, 27 Oct 2021 | HK$204.0b | HK$77.4b | HK$895.6m | 11.1x | 227.7x | 2.6x |
| Fri, 24 Sep 2021 | HK$148.2b | HK$68.4b | -HK$1,247,275,556.00 | 10.6x | -118.8x | 2.2x |
| Sun, 22 Aug 2021 | HK$155.1b | HK$67.8b | -HK$1,359,490,723.31 | 11.2x | -114.1x | 2.3x |
| Fri, 09 Jul 2021 | HK$207.4b | HK$67.8b | -HK$1,359,490,723.31 | 13.1x | -152.5x | 3.1x |
| Thu, 01 Apr 2021 | HK$197.9b | HK$67.0b | -HK$1,106,542,165.59 | 10.7x | -178.8x | 3x |
| Sun, 03 Jan 2021 | HK$173.0b | HK$65.0b | -HK$1,978,480,469.63 | 9.1x | -87.4x | 2.7x |
| Wed, 07 Oct 2020 | HK$176.5b | HK$64.6b | -HK$2,634,450,720.13 | 13.5x | -67x | 2.7x |
| Tue, 30 Jun 2020 | HK$137.2b | HK$63.3b | -HK$1,473,059,654.58 | 14.7x | -93.2x | 2.2x |
| Fri, 03 Apr 2020 | HK$126.8b | HK$63.4b | -HK$825,387,975.82 | 16.3x | -153.6x | 2x |
| Mon, 06 Jan 2020 | HK$134.9b | HK$62.7b | HK$574.4m | 14.9x | 234.9x | 2.2x |
Price to Earnings Ratio
-413.9x
Current Industry PE
- Investors are pessimistic on the Hong Kong Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Hong Kong Telecom industry?
| HK Market | -0.24% | |
| Telecom | -1.68% | |
| Entertainment | -7.10% | |
| Movies and Entertainment | -5.50% | |
| Interactive Home Entertainment | -8.29% | |
Industry PE
- Investors are most optimistic about the Movies and Entertainment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 7.4%, which is lower than the prior year's growth of 15.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 83% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Movies and Entertainment industry is expected to see its earnings decline by 7.4% 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 | |
|---|---|---|---|---|---|
| 9857 Linmon Media | HK$23.25 | 6.7% +HK$522.7m | n/a | PS6.6x | |
| 1970 IMAX China Holding | HK$5.53 | 5.1% +HK$91.5m | -57.1% | PE12.1x | |
| 6933 Sino-Entertainment Technology Holdings | HK$4.28 | 3.9% +HK$65.5m | 15.7% | PS30.5x | |
| 6820 FriendTimes | HK$1.00 | 3.1% +HK$65.4m | -22.5% | PE27.7x | |
| 547 Digital Domain Holdings | HK$0.30 | 1.7% +HK$21.6m | -59.9% | PS1.4x |