Hong Kong Economic Times Holdings' (HKG:423) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Hong Kong Economic Times Holdings Limited ( HKG:423 ) has announced that it will be increasing its...
Hong Kong (HSI) Publishing Industry Analysis
UpdatedAug 07, 2022
DataAggregated Company Financials
Companies8
- 7D-0.3%
- 3M-0.5%
- 1Y-55.3%
- YTD-36.7%
Over the last 7 days, the Publishing industry has remained flat, although notably TOM Group gained 10.0%. As for the longer term, the industry has declined 55% in the last year. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the Hong Kong Publishing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Aug 2022 | HK$35.2b | HK$13.9b | HK$2.2b | 14.7x | 16.3x | 2.5x |
| Tue, 05 Jul 2022 | HK$41.3b | HK$13.9b | HK$2.2b | 15.6x | 18.9x | 3x |
| Thu, 02 Jun 2022 | HK$38.3b | HK$14.2b | HK$2.0b | 15.9x | 18.7x | 2.7x |
| Sat, 30 Apr 2022 | HK$38.8b | HK$14.3b | HK$2.1b | 15.8x | 18.5x | 2.7x |
| Mon, 28 Mar 2022 | HK$36.0b | HK$14.6b | HK$2.2b | 15.8x | 16.1x | 2.5x |
| Wed, 23 Feb 2022 | HK$48.6b | HK$15.8b | -HK$169,940,262.00 | 19.7x | -286.2x | 3.1x |
| Fri, 21 Jan 2022 | HK$58.6b | HK$15.7b | -HK$169,286,302.00 | 20.1x | -346.1x | 3.7x |
| Sun, 19 Dec 2021 | HK$58.2b | HK$15.7b | -HK$168,407,305.00 | 21.5x | -345.9x | 3.7x |
| Tue, 16 Nov 2021 | HK$64.5b | HK$15.6b | -HK$175,331,786.00 | 18x | -368.1x | 4.1x |
| Thu, 14 Oct 2021 | HK$63.1b | HK$16.6b | -HK$400,704,561.00 | 16.3x | -157.5x | 3.8x |
| Sat, 11 Sep 2021 | HK$77.0b | HK$16.6b | -HK$399,947,750.22 | 15.9x | -192.6x | 4.6x |
| Mon, 09 Aug 2021 | HK$80.4b | HK$16.6b | -HK$399,947,750.22 | 17.2x | -201.1x | 4.9x |
| Sun, 02 May 2021 | HK$86.6b | HK$15.7b | -HK$3,050,815,961.92 | 10.7x | -28.4x | 5.5x |
| Wed, 03 Feb 2021 | HK$78.9b | HK$15.2b | -HK$5,798,183,605.03 | 11.9x | -13.6x | 5.2x |
| Sat, 07 Nov 2020 | HK$68.2b | HK$15.2b | -HK$4,530,955,674.90 | 19.9x | -15x | 4.5x |
| Fri, 31 Jul 2020 | HK$55.6b | HK$15.5b | -HK$3,427,788,386.03 | 46.8x | -16.2x | 3.6x |
| Mon, 04 May 2020 | HK$39.4b | HK$15.9b | -HK$1,400,417,418.79 | 28.2x | -28.1x | 2.5x |
| Thu, 06 Feb 2020 | HK$37.5b | HK$16.2b | HK$653.9m | 26.9x | 57.3x | 2.3x |
| Sun, 10 Nov 2019 | HK$36.2b | HK$14.8b | HK$589.1m | 16.6x | 61.5x | 2.5x |
Price to Earnings Ratio
58x
Current Industry PE
- Investors are pessimistic on the Hong Kong Publishing industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.3x which is higher than its 3-year average PE of -56.7x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Publishing industry have grown 63% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Hong Kong Publishing compare with similar industries?
| HK Market | -0.75% | |
| Telecom | 0.41% | |
| Media | -4.98% | |
| Publishing | -0.33% | |
| Broadcasting | -0.25% | |
| Cable and Satellite | -5.20% | |
| Advertising | -12.94% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2383 TOM Group | HK$0.77 | 10.0% +HK$276.9m | 92.5% | PE21.6x | |
| 343 Culturecom Holdings | HK$0.25 | 3.3% +HK$13.3m | -67.5% | PS6.7x | |
| 423 Hong Kong Economic Times Holdings | HK$1.20 | 0.8% +HK$4.3m | -1.6% | PE15.7x | |
| 8006 Sino Splendid Holdings | HK$0.23 | 0.9% +HK$295.1k | -28.1% | PS0.5x |
