Hong Kong (HSI) Publishing Industry Analysis

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
Wed, 24 Jul 2024	HK$44.1b	HK$24.0b	HK$2.5b	10x	17.8x	1.8x
Fri, 21 Jun 2024	HK$45.8b	HK$24.2b	HK$2.4b	7.5x	18.9x	1.9x
Sun, 19 May 2024	HK$48.9b	HK$24.3b	HK$2.5b	7.8x	19.8x	2x
Tue, 16 Apr 2024	HK$45.9b	HK$24.1b	HK$2.5b	7.2x	18.6x	1.9x
Thu, 14 Mar 2024	HK$46.0b	HK$23.7b	HK$2.4b	8.1x	19.4x	1.9x
Sat, 10 Feb 2024	HK$38.4b	HK$23.7b	HK$2.4b	8.5x	16.1x	1.6x
Mon, 08 Jan 2024	HK$46.0b	HK$23.9b	HK$2.4b	9.4x	19.1x	1.9x
Wed, 06 Dec 2023	HK$43.9b	HK$23.9b	HK$2.4b	10.2x	18.3x	1.8x
Fri, 03 Nov 2023	HK$43.1b	HK$23.4b	HK$2.5b	11.7x	17.2x	1.8x
Sun, 01 Oct 2023	HK$46.7b	HK$23.3b	HK$2.4b	12x	19.7x	2x
Tue, 29 Aug 2023	HK$35.2b	HK$11.1b	HK$851.4m	16.5x	41.3x	3.2x
Thu, 27 Jul 2023	HK$38.6b	HK$12.0b	HK$660.7m	34.6x	58.5x	3.2x
Sat, 24 Jun 2023	HK$40.3b	HK$12.0b	HK$685.3m	32.5x	58.8x	3.4x
Mon, 22 May 2023	HK$36.1b	HK$12.2b	HK$725.5m	36.3x	49.7x	2.9x
Wed, 19 Apr 2023	HK$42.8b	HK$12.5b	HK$728.3m	23.1x	58.7x	3.4x
Fri, 17 Mar 2023	HK$37.7b	HK$13.4b	HK$1.1b	11.3x	33x	2.8x
Sun, 12 Feb 2023	HK$42.8b	HK$13.5b	HK$1.2b	11x	36.8x	3.2x
Tue, 10 Jan 2023	HK$43.4b	HK$13.5b	HK$1.2b	10.9x	37.3x	3.2x
Thu, 08 Dec 2022	HK$30.6b	HK$13.1b	HK$1.1b	10.5x	27.3x	2.3x
Sat, 05 Nov 2022	HK$27.4b	HK$12.8b	HK$1.1b	13.9x	25.9x	2.1x
Mon, 03 Oct 2022	HK$25.9b	HK$13.1b	HK$1.1b	14x	23.9x	2x
Wed, 31 Aug 2022	HK$35.6b	HK$13.3b	HK$1.1b	15.2x	32.2x	2.7x
Fri, 29 Jul 2022	HK$37.6b	HK$13.9b	HK$2.2b	15.8x	17.4x	2.7x
Sun, 26 Jun 2022	HK$41.5b	HK$14.2b	HK$2.0b	17.4x	20.6x	2.9x
Tue, 24 May 2022	HK$37.6b	HK$14.2b	HK$2.1b	15.4x	18.2x	2.7x
Thu, 21 Apr 2022	HK$35.9b	HK$14.7b	HK$2.2b	13.9x	16.5x	2.4x
Sat, 19 Mar 2022	HK$34.1b	HK$15.8b	-HK$167,639,520.00	17x	-203.7x	2.2x
Mon, 14 Feb 2022	HK$53.4b	HK$15.7b	-HK$169,087,095.00	20.1x	-316.1x	3.4x
Wed, 12 Jan 2022	HK$54.8b	HK$15.7b	-HK$168,225,796.00	20.4x	-325.7x	3.5x
Fri, 10 Dec 2021	HK$62.7b	HK$15.7b	-HK$169,472,269.00	21.5x	-369.7x	4x
Sun, 07 Nov 2021	HK$59.5b	HK$16.7b	-HK$417,704,004.00	17.3x	-142.4x	3.6x
Tue, 05 Oct 2021	HK$63.1b	HK$16.6b	-HK$400,952,403.00	15.9x	-157.3x	3.8x
Thu, 02 Sep 2021	HK$76.9b	HK$16.6b	-HK$399,947,750.22	16.1x	-192.3x	4.6x
Sat, 31 Jul 2021	HK$79.5b	HK$16.6b	-HK$399,947,750.22	17.2x	-198.7x	4.8x

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 18.2x which is higher than its 3-year average PE of -32.0x.

The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 1.9x.

Past Earnings Growth

Total earnings for the Publishing industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% 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 Publishing compare with similar industries?


HK Market	-2.37%
Telecom	-2.43%
Media	-1.49%
Publishing	-1.00%
Cable and Satellite	0%
Advertising	-2.26%
Broadcasting	-2.45%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Company	Last Price	7D	1Y	Valuation
811 Xinhua Winshare Publishing and Media	HK$9.43	0.3% +HK$37.0m	56.4%	PE6.8x
343 Culturecom Holdings	HK$0.20	3.2% +HK$10.0m	-51.9%	PS16.1x
685 Media Chinese International	HK$0.23	1.3% +HK$4.1m	1.3%	PS0.3x

Company

Last Price

Valuation

811 Xinhua Winshare Publishing and Media

HK$9.43

0.3%
+HK$37.0m

56.4%

PE6.8x

343 Culturecom Holdings

HK$0.20

3.2%
+HK$10.0m

-51.9%