China Literature Limited Just Missed EPS By 5.9%: Here's What Analysts Think Will Happen Next
Mar 20
Hong Kong (HSI) Publishing Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies8
- 7D-6.3%
- 3M1.1%
- 1Y-20.6%
- YTDn/a
Over the last 7 days, the Publishing industry has dropped 6.3%, driven by China Literature declining 11%. The industry has fallen 21% in the last year. Earnings are forecast to grow by 9.4% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | HK$43.7b | HK$24.1b | HK$2.5b | 7.1x | 17.7x | 1.8x |
| Sun, 17 Mar 2024 | HK$45.4b | HK$23.7b | HK$2.4b | 8.1x | 19.1x | 1.9x |
| Tue, 13 Feb 2024 | HK$37.3b | HK$23.7b | HK$2.4b | 8.5x | 15.6x | 1.6x |
| Thu, 11 Jan 2024 | HK$43.6b | HK$23.8b | HK$2.4b | 9.2x | 18.2x | 1.8x |
| Sat, 09 Dec 2023 | HK$45.9b | HK$23.8b | HK$2.4b | 9.7x | 19.1x | 1.9x |
| Mon, 06 Nov 2023 | HK$44.4b | HK$23.5b | HK$2.5b | 11.9x | 17.7x | 1.9x |
| Wed, 04 Oct 2023 | HK$46.7b | HK$23.3b | HK$2.4b | 12x | 19.7x | 2x |
| Fri, 01 Sep 2023 | HK$35.4b | HK$11.1b | HK$832.9m | 16.3x | 42.5x | 3.2x |
| Sun, 30 Jul 2023 | HK$40.9b | HK$12.0b | HK$660.1m | 36.2x | 62x | 3.4x |
| Tue, 27 Jun 2023 | HK$40.2b | HK$12.0b | HK$680.9m | 32.5x | 59x | 3.4x |
| Thu, 25 May 2023 | HK$35.0b | HK$12.2b | HK$723.2m | 43.3x | 48.3x | 2.9x |
| Sat, 22 Apr 2023 | HK$41.1b | HK$12.4b | HK$726.9m | 23.7x | 56.6x | 3.3x |
| Mon, 20 Mar 2023 | HK$40.4b | HK$12.5b | HK$706.3m | 11.3x | 57.2x | 3.2x |
| Wed, 15 Feb 2023 | HK$42.2b | HK$13.5b | HK$1.2b | 11x | 36.3x | 3.1x |
| Fri, 13 Jan 2023 | HK$42.8b | HK$13.5b | HK$1.2b | 10.5x | 36.6x | 3.2x |
| Sun, 11 Dec 2022 | HK$35.9b | HK$13.2b | HK$1.1b | 10.4x | 31.7x | 2.7x |
| Tue, 08 Nov 2022 | HK$27.9b | HK$13.0b | HK$1.1b | 13.7x | 26x | 2.1x |
| Thu, 06 Oct 2022 | HK$26.3b | HK$13.1b | HK$1.1b | 14.5x | 24.3x | 2x |
| Sat, 03 Sep 2022 | HK$35.2b | HK$13.4b | HK$1.1b | 15.2x | 31.5x | 2.6x |
| Mon, 01 Aug 2022 | HK$35.3b | HK$13.9b | HK$2.2b | 14.7x | 16.3x | 2.5x |
| Wed, 29 Jun 2022 | HK$43.3b | HK$13.4b | HK$2.0b | 18.2x | 21.6x | 3.2x |
| Fri, 27 May 2022 | HK$35.0b | HK$14.2b | HK$2.1b | 14.1x | 16.9x | 2.5x |
| Sun, 24 Apr 2022 | HK$34.7b | HK$14.5b | HK$2.1b | 13.6x | 16.2x | 2.4x |
| Tue, 22 Mar 2022 | HK$33.3b | HK$15.8b | -HK$167,249,928.00 | 16.9x | -199.4x | 2.1x |
| Thu, 17 Feb 2022 | HK$51.8b | HK$15.7b | -HK$169,830,617.00 | 19x | -304.8x | 3.3x |
| Sat, 15 Jan 2022 | HK$57.0b | HK$15.7b | -HK$168,630,034.00 | 20.5x | -338x | 3.6x |
| Mon, 13 Dec 2021 | HK$65.6b | HK$15.7b | -HK$168,584,220.00 | 21.5x | -389.3x | 4.2x |
| Wed, 10 Nov 2021 | HK$59.2b | HK$16.7b | -HK$417,704,004.00 | 17x | -141.6x | 3.5x |
| Fri, 08 Oct 2021 | HK$63.9b | HK$16.6b | -HK$401,017,793.00 | 16.3x | -159.2x | 3.8x |
| Sun, 05 Sep 2021 | HK$76.2b | HK$16.6b | -HK$399,947,750.22 | 16.5x | -190.4x | 4.6x |
| Tue, 03 Aug 2021 | HK$77.5b | HK$16.6b | -HK$399,947,750.22 | 17x | -193.9x | 4.7x |
| Fri, 07 May 2021 | HK$86.6b | HK$15.7b | -HK$3,050,815,961.92 | 10.7x | -28.4x | 5.5x |
Price to Earnings Ratio
-28.4x
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 17.7x which is higher than its 3-year average PE of -42.0x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.8x.
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 15% 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 | -1.99% | |
| Telecom | -1.90% | |
| Media | -5.54% | |
| Publishing | -6.26% | |
| Cable and Satellite | 0% | |
| Broadcasting | -2.93% | |
| Advertising | -4.40% | |
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 | |
|---|---|---|---|---|---|
| 811 Xinhua Winshare Publishing and Media | HK$8.45 | 1.6% +HK$160.4m | 29.8% | PE6.1x | |
| 8006 Sino Splendid Holdings | HK$0.16 | 1.3% +HK$295.1k | -13.4% | PS0.6x |