Zengame Technology Holding (HKG:2660) Ticks All The Boxes When It Comes To Earnings Growth
Jun 11
Hong Kong (HSI) Entertainment Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies56
- 7D1.5%
- 3M5.4%
- 1Y-28.4%
- YTD-5.6%
Over the last 7 days, the Entertainment industry has risen 1.5%, driven by gains from China Ruyi Holdings of 11%. During this same period, the ZX underperformed, falling 8.9%. In the past year, the industry is down 28%. Earnings are forecast to grow by 32% 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 |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | HK$190.6b | HK$83.9b | HK$1.8b | 11.1x | 104.1x | 2.3x |
| Mon, 13 May 2024 | HK$189.7b | HK$83.2b | HK$1.2b | 12.6x | 154.3x | 2.3x |
| Wed, 10 Apr 2024 | HK$186.5b | HK$83.6b | HK$1.4b | 11.8x | 133.3x | 2.2x |
| Fri, 08 Mar 2024 | HK$177.4b | HK$82.4b | HK$1.1b | 22.2x | 167.2x | 2.2x |
| Sun, 04 Feb 2024 | HK$168.3b | HK$100.6b | -HK$811,700,009.00 | 18.5x | -207.3x | 1.7x |
| Tue, 02 Jan 2024 | HK$184.1b | HK$93.1b | -HK$1,290,830,787.00 | 18.7x | -142.6x | 2x |
| Thu, 30 Nov 2023 | HK$188.8b | HK$92.7b | -HK$1,317,870,385.00 | 18.6x | -143.2x | 2x |
| Sat, 28 Oct 2023 | HK$187.7b | HK$90.0b | -HK$8,463,711,653.00 | 14.1x | -22.2x | 2.1x |
| Mon, 25 Sep 2023 | HK$204.4b | HK$90.7b | -HK$8,638,923,618.00 | 17x | -23.7x | 2.3x |
| Wed, 23 Aug 2023 | HK$205.6b | HK$88.0b | -HK$11,613,856,827.00 | 16.9x | -17.7x | 2.3x |
| Fri, 21 Jul 2023 | HK$242.3b | HK$86.5b | -HK$12,618,658,954.00 | 31.1x | -19.2x | 2.8x |
| Sun, 18 Jun 2023 | HK$247.2b | HK$87.2b | -HK$12,720,376,836.00 | 21.5x | -19.4x | 2.8x |
| Tue, 16 May 2023 | HK$238.5b | HK$89.3b | -HK$12,577,863,535.00 | 24.1x | -19x | 2.7x |
| Thu, 13 Apr 2023 | HK$253.5b | HK$90.2b | -HK$12,686,060,709.00 | 27.2x | -20x | 2.8x |
| Sat, 11 Mar 2023 | HK$232.2b | HK$89.0b | -HK$7,166,403,969.00 | 11.9x | -32.4x | 2.6x |
| Mon, 06 Feb 2023 | HK$278.1b | HK$90.4b | -HK$5,193,801,589.00 | 9.7x | -53.6x | 3.1x |
| Wed, 04 Jan 2023 | HK$207.5b | HK$86.4b | -HK$4,989,439,080.00 | 7x | -41.6x | 2.4x |
| Fri, 02 Dec 2022 | HK$169.1b | HK$78.4b | -HK$4,923,414,814.00 | 8.4x | -34.4x | 2.2x |
| Sun, 30 Oct 2022 | HK$144.1b | HK$76.6b | HK$2.1b | 7.2x | 68x | 1.9x |
| Tue, 27 Sep 2022 | HK$167.9b | HK$78.2b | HK$2.3b | 7.4x | 72x | 2.1x |
| Thu, 25 Aug 2022 | HK$168.9b | HK$81.6b | HK$808.5m | 9x | 208.9x | 2.1x |
| Sat, 23 Jul 2022 | HK$168.1b | HK$78.6b | -HK$4,084,651,908.00 | 8.1x | -41.1x | 2.1x |
| Mon, 20 Jun 2022 | HK$175.0b | HK$79.1b | -HK$4,026,329,809.00 | 9.2x | -43.5x | 2.2x |
| Wed, 18 May 2022 | HK$161.6b | HK$83.6b | -HK$3,964,923,674.00 | 9x | -40.8x | 1.9x |
| Fri, 15 Apr 2022 | HK$166.6b | HK$87.0b | -HK$4,009,256,218.00 | 8.4x | -41.5x | 1.9x |
| Sun, 13 Mar 2022 | HK$148.3b | HK$79.2b | HK$800.4m | 6.9x | 185.2x | 1.9x |
| Tue, 08 Feb 2022 | HK$183.1b | HK$78.6b | HK$535.1m | 9.1x | 342.2x | 2.3x |
| Thu, 06 Jan 2022 | HK$184.0b | HK$78.5b | HK$524.1m | 8.6x | 351.1x | 2.3x |
| Sat, 04 Dec 2021 | HK$195.4b | HK$78.5b | HK$526.1m | 12x | 371.5x | 2.5x |
| Mon, 01 Nov 2021 | HK$200.1b | HK$77.3b | HK$887.8m | 10.9x | 225.4x | 2.6x |
| Wed, 29 Sep 2021 | HK$147.1b | HK$68.5b | -HK$1,067,241,997.00 | 10.6x | -137.8x | 2.1x |
| Fri, 27 Aug 2021 | HK$157.4b | HK$67.8b | -HK$1,359,490,723.31 | 11.2x | -115.8x | 2.3x |
| Sat, 03 Jul 2021 | HK$207.4b | HK$67.8b | -HK$1,359,490,723.31 | 13.1x | -152.5x | 3.1x |
Price to Earnings Ratio
-152.5x
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 104x which is higher than its 3-year average PE of 40.5x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
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 7.3% 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 | -1.82% | |
| Telecom | 0.21% | |
| Entertainment | 1.55% | |
| Movies and Entertainment | 3.09% | |
| Interactive Home Entertainment | 0.071% | |
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 46.4%, which is higher than its past year's earnings growth of 25.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings growth rate of 25% per year.
- In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| 136 China Ruyi Holdings | HK$2.15 | 11.4% +HK$2.8b | 15.0% | PE36.2x | |
| 1060 Alibaba Pictures Group | HK$0.47 | 6.8% +HK$884.7m | 6.8% | PE37.2x | |
| 3888 Kingsoft | HK$26.50 | 1.7% +HK$600.3m | -23.4% | PE57x | |
| 2400 XD | HK$20.40 | 6.6% +HK$595.0m | -11.9% | PS2.6x | |
| 777 NetDragon Websoft Holdings | HK$12.42 | 6.2% +HK$382.5m | -17.7% | PE11.1x |
