Investors Don't See Light At End Of Cheshi Technology Inc.'s (HKG:1490) Tunnel
Jul 23
Hong Kong (HSI) Advertising Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies39
- 7D-2.3%
- 3M-10.6%
- 1Y-42.3%
- YTDn/a
Over the last 7 days, the Advertising industry has dropped 2.3%, driven by a pullback from Mobvista of 8.9%. However, the industry is down 42% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the Hong Kong Advertising Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | HK$22.4b | HK$43.3b | HK$136.8m | 10.6x | 163.6x | 0.5x |
| Sat, 22 Jun 2024 | HK$23.3b | HK$42.9b | HK$47.6m | 10.3x | 490.3x | 0.5x |
| Mon, 20 May 2024 | HK$19.6b | HK$42.4b | HK$19.7m | 13.1x | 992.6x | 0.5x |
| Wed, 17 Apr 2024 | HK$19.1b | HK$42.0b | -HK$28,538,207.65 | 10.7x | -669.4x | 0.5x |
| Fri, 15 Mar 2024 | HK$19.2b | HK$41.2b | -HK$217,049,000.96 | 9.3x | -88.5x | 0.5x |
| Sun, 11 Feb 2024 | HK$18.7b | HK$40.5b | -HK$503,957,865.80 | 10.1x | -37.1x | 0.5x |
| Tue, 09 Jan 2024 | HK$21.6b | HK$39.8b | -HK$1,043,837,261.00 | 10.8x | -20.7x | 0.5x |
| Thu, 07 Dec 2023 | HK$24.3b | HK$39.8b | -HK$1,100,792,496.00 | 12.9x | -22.1x | 0.6x |
| Sat, 04 Nov 2023 | HK$22.1b | HK$38.8b | -HK$1,186,862,300.00 | 8.7x | -18.6x | 0.6x |
| Mon, 02 Oct 2023 | HK$22.8b | HK$38.8b | -HK$1,118,525,216.00 | 9.3x | -20.4x | 0.6x |
| Wed, 30 Aug 2023 | HK$23.5b | HK$38.4b | -HK$782,989,368.00 | 9.3x | -30x | 0.6x |
| Fri, 28 Jul 2023 | HK$25.6b | HK$38.0b | -HK$1,142,647,211.00 | 11.9x | -22.4x | 0.7x |
| Sun, 25 Jun 2023 | HK$24.9b | HK$37.6b | -HK$1,378,057,677.00 | 12.6x | -18.1x | 0.7x |
| Tue, 23 May 2023 | HK$24.9b | HK$37.9b | -HK$1,153,250,607.00 | 11.4x | -21.6x | 0.7x |
| Thu, 20 Apr 2023 | HK$23.3b | HK$37.7b | -HK$1,234,924,502.00 | 11.3x | -18.8x | 0.6x |
| Sat, 18 Mar 2023 | HK$24.6b | HK$35.5b | -HK$270,932,043.00 | 10.7x | -90.6x | 0.7x |
| Mon, 13 Feb 2023 | HK$31.1b | HK$35.8b | HK$103.7m | 14.1x | 299.8x | 0.9x |
| Wed, 11 Jan 2023 | HK$30.7b | HK$35.8b | HK$90.9m | 13.3x | 338.1x | 0.9x |
| Fri, 09 Dec 2022 | HK$30.7b | HK$35.2b | HK$83.7m | 14.5x | 366.8x | 0.9x |
| Sun, 06 Nov 2022 | HK$20.6b | HK$34.3b | -HK$2,957,092.00 | 14.4x | -6962.7x | 0.6x |
| Tue, 04 Oct 2022 | HK$19.1b | HK$34.5b | -HK$54,753,051.00 | 13.7x | -348.8x | 0.6x |
| Thu, 01 Sep 2022 | HK$21.0b | HK$33.9b | HK$200.7m | 12.6x | 104.6x | 0.6x |
| Sat, 30 Jul 2022 | HK$25.6b | HK$33.7b | -HK$90,347,111.00 | 9.3x | -283.1x | 0.8x |
| Mon, 27 Jun 2022 | HK$26.7b | HK$33.9b | HK$156.4m | 11.6x | 170.9x | 0.8x |
| Wed, 25 May 2022 | HK$28.5b | HK$33.8b | HK$193.5m | 19.5x | 147.1x | 0.8x |
| Fri, 22 Apr 2022 | HK$30.3b | HK$34.5b | HK$104.9m | 15.4x | 288.6x | 0.9x |
| Sun, 20 Mar 2022 | HK$27.1b | HK$31.2b | -HK$384,627,682.00 | 10x | -70.6x | 0.9x |
| Tue, 15 Feb 2022 | HK$32.4b | HK$30.9b | -HK$386,392,123.00 | 11.5x | -83.7x | 1x |
| Thu, 13 Jan 2022 | HK$33.0b | HK$30.3b | -HK$464,956,963.00 | 14x | -70.9x | 1.1x |
| Sat, 11 Dec 2021 | HK$30.6b | HK$30.3b | -HK$465,727,827.00 | 12.3x | -65.7x | 1x |
| Mon, 08 Nov 2021 | HK$28.4b | HK$30.2b | -HK$415,418,157.00 | 11.3x | -68.3x | 0.9x |
| Wed, 06 Oct 2021 | HK$28.8b | HK$22.4b | -HK$598,461,139.00 | 11.1x | -48.1x | 1.3x |
| Fri, 03 Sep 2021 | HK$30.7b | HK$20.3b | -HK$372,096,139.12 | 18x | -82.4x | 1.5x |
| Sun, 01 Aug 2021 | HK$31.0b | HK$20.3b | -HK$372,096,139.12 | 16x | -83.2x | 1.5x |
Price to Earnings Ratio
-83.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Advertising industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 164x which is higher than its 3-year average PE of -318x.
- The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
- Total earnings for the Advertising industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 29% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Hong Kong Advertising compare with similar industries?
| HK Market | -2.37% | |
| Telecom | -2.43% | |
| Media | -1.49% | |
| Advertising | -2.26% | |
| Cable and Satellite | 0% | |
| Publishing | -1.00% | |
| Broadcasting | -2.45% | |
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 | |
|---|---|---|---|---|---|
| 2550 Easou Technology Holdings | HK$19.20 | 1.9% +HK$118.4m | n/a | PE235.3x | |
| 6696 Many Idea Cloud Holdings | HK$0.19 | 21.2% +HK$44.9m | -46.8% | PE7.2x | |
| 2486 Plus Group Holdings | HK$3.51 | 11.1% +HK$42.2m | -42.2% | PE34.3x | |
| 2405 Powerwin Tech Group | HK$2.82 | 1.4% +HK$32.0m | -39.4% | PE40.2x | |
| 1351 Bright Future Technology Holdings | HK$0.29 | 18.0% +HK$27.0m | 5.4% | PE11.1x |