There's Been No Shortage Of Growth Recently For China Literature's (HKG:772) Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Hong Kong (HSI) Media Industry Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies45
- 7D-5.5%
- 3M-20.2%
- 1Y-3.3%
- YTD-11.6%
Over the last 7 days, the Media industry has dropped 2.3%, driven by a decline by China Literature of 6.6%. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Hong Kong Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | HK$99.2b | HK$53.3b | -HK$2,642,150,037.00 | 13.3x |
| Tue, 02 Nov 2021 | HK$97.6b | HK$46.4b | -HK$3,009,452,020.00 | 13.5x |
| Thu, 30 Sep 2021 | HK$104.1b | HK$46.1b | -HK$3,049,785,565.00 | 16x |
| Sat, 28 Aug 2021 | HK$107.8b | HK$44.2b | -HK$2,780,442,289.41 | 16x |
| Sun, 04 Jul 2021 | HK$140.4b | HK$44.2b | -HK$2,780,442,289.41 | 17.3x |
| Wed, 07 Apr 2021 | HK$121.7b | HK$42.2b | -HK$5,753,297,002.83 | 17.6x |
| Sat, 09 Jan 2021 | HK$101.0b | HK$40.9b | -HK$8,821,559,538.93 | 17.8x |
| Fri, 02 Oct 2020 | HK$86.7b | HK$38.6b | -HK$7,275,846,814.53 | 25.2x |
| Mon, 06 Jul 2020 | HK$79.8b | HK$41.2b | -HK$5,842,793,519.62 | 13.4x |
| Thu, 09 Apr 2020 | HK$59.3b | HK$42.8b | -HK$3,091,666,063.75 | 9.8x |
| Wed, 01 Jan 2020 | HK$68.0b | HK$43.5b | -HK$413,568,794.47 | 22.9x |
| Sat, 05 Oct 2019 | HK$61.4b | HK$41.0b | -HK$380,647,258.50 | 26x |
| Tue, 09 Jul 2019 | HK$74.1b | HK$40.0b | -HK$428,461,705.77 | 23.7x |
| Mon, 01 Apr 2019 | HK$82.5b | HK$40.1b | HK$44.8m | 34.6x |
| Thu, 03 Jan 2019 | HK$78.4b | HK$39.8b | HK$308.1m | 18.6x |
PE Ratio
18.6x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 13.3x which is lower than its 3-year average PE of 19.6x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: Total earnings for the Media industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 14% 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 decreased profits.
Industry Trends
Which industries have driven the changes within the Hong Kong Media industry?
| Cable and Satellite | 8.63% | |
| Broadcasting | 2.50% | |
| Publishing | -5.82% | |
| Advertising | -6.82% | |
Industry PE: Investors are most optimistic about the Cable and Satellite industry even though it's trading below its 3-year average PE ratio of 151x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Advertising industry, which is trading below its 3-year average of 19.8x.
Forecasted Growth: Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 90% over the next 5 years. This is better than it's past earnings growth rate of 56% per year. Meanwhile, the Publishing industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 2383 TOM Group | 5.1%+HK$158.2m | -3.5% | PS3.6x | |
| 1450 Century Sage Scientific Holdings | 5.3%+HK$87.2m | 1,532.7% | PS6.7x | |
| 471 CMMB Vision Holdings | 22.4%+HK$82.0m | 89.0% | PS8.3x | |
| 2008 Phoenix Media Investment (Holdings) | 3.0%+HK$74.9m | 54.5% | PS0.8x | |
| 18 Oriental Enterprise Holdings | 4.3%+HK$71.9m | 65.9% | PE9x |
