China Literature Limited (HKG:772) Not Lagging Market On Growth Or Pricing
Jan 20
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Hong Kong (HSI) Publishing Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies8
- 7D3.3%
- 3M-6.5%
- 1Y13.2%
- YTDn/a
Over the last 7 days, the Publishing industry has risen 2.1%, driven by gains from China Literature of 3.9%. During this same period, the Culturecom Holdings underperformed, falling 5.7%. This takes the industry's 12 month performance to a gain of 7.7%. Looking forward, earnings are forecast to grow by 12% 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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | HK$44.4b | HK$25.1b | HK$2.5b | 10.1x | 17.5x | 1.8x |
| Thu, 19 Dec 2024 | HK$48.7b | HK$25.1b | HK$2.5b | 10.4x | 19.1x | 1.9x |
| Sat, 16 Nov 2024 | HK$45.7b | HK$25.4b | HK$2.6b | 9.9x | 17.7x | 1.8x |
| Mon, 14 Oct 2024 | HK$49.4b | HK$25.8b | HK$2.6b | 10.5x | 18.7x | 1.9x |
| Wed, 11 Sep 2024 | HK$44.2b | HK$25.7b | HK$2.6b | 8.6x | 16.8x | 1.7x |
| Fri, 09 Aug 2024 | HK$44.3b | HK$24.3b | HK$2.5b | 9.6x | 17.7x | 1.8x |
| Sun, 07 Jul 2024 | HK$44.9b | HK$24.1b | HK$2.5b | 10.1x | 18.1x | 1.9x |
| Tue, 04 Jun 2024 | HK$46.7b | HK$24.3b | HK$2.4b | 7.6x | 19.2x | 1.9x |
| Thu, 02 May 2024 | HK$47.0b | HK$24.3b | HK$2.5b | 7.3x | 19x | 1.9x |
| Sat, 30 Mar 2024 | HK$45.5b | HK$24.2b | HK$2.5b | 7.5x | 18.6x | 1.9x |
| Mon, 26 Feb 2024 | HK$43.8b | HK$23.7b | HK$2.4b | 8.5x | 18.3x | 1.8x |
| Wed, 24 Jan 2024 | HK$43.3b | HK$23.8b | HK$2.4b | 8.2x | 18x | 1.8x |
| Fri, 22 Dec 2023 | HK$48.6b | HK$23.8b | HK$2.4b | 9.7x | 20.2x | 2x |
| Sun, 19 Nov 2023 | HK$47.1b | HK$23.7b | HK$2.5b | 11.5x | 18.7x | 2x |
| Tue, 17 Oct 2023 | HK$46.5b | HK$23.3b | HK$2.4b | 12x | 19.6x | 2x |
| Thu, 14 Sep 2023 | HK$47.9b | HK$23.3b | HK$2.4b | 12.3x | 20.1x | 2.1x |
| Sat, 12 Aug 2023 | HK$36.4b | HK$11.1b | HK$814.4m | 21.2x | 44.6x | 3.3x |
| Mon, 10 Jul 2023 | HK$37.6b | HK$12.0b | HK$656.0m | 33.9x | 57.3x | 3.1x |
| Wed, 07 Jun 2023 | HK$36.4b | HK$12.2b | HK$707.0m | 29.3x | 51.5x | 3x |
| Fri, 05 May 2023 | HK$38.6b | HK$12.4b | HK$724.7m | 21.2x | 53.3x | 3.1x |
| Sun, 02 Apr 2023 | HK$44.9b | HK$12.5b | HK$755.5m | 11.1x | 59.4x | 3.6x |
| Tue, 28 Feb 2023 | HK$38.7b | HK$13.3b | HK$1.1b | 11.3x | 33.9x | 2.9x |
| Thu, 26 Jan 2023 | HK$44.1b | HK$13.5b | HK$1.2b | 10.8x | 37.8x | 3.3x |
| Sat, 24 Dec 2022 | HK$33.6b | HK$13.2b | HK$1.1b | 10.5x | 29.8x | 2.6x |
| Mon, 21 Nov 2022 | HK$31.2b | HK$13.0b | HK$1.1b | 14.5x | 28.4x | 2.4x |
| Wed, 19 Oct 2022 | HK$25.4b | HK$13.0b | HK$1.1b | 14.1x | 23.7x | 2x |
| Fri, 16 Sep 2022 | HK$32.8b | HK$13.3b | HK$1.1b | 15.3x | 29.6x | 2.5x |
| Sun, 14 Aug 2022 | HK$36.0b | HK$13.9b | HK$2.2b | 15.1x | 16.6x | 2.6x |
| Tue, 12 Jul 2022 | HK$38.8b | HK$14.0b | HK$2.2b | 15.7x | 17.8x | 2.8x |
| Thu, 09 Jun 2022 | HK$39.2b | HK$14.2b | HK$2.0b | 16.3x | 19.2x | 2.8x |
| Sat, 07 May 2022 | HK$35.4b | HK$14.2b | HK$2.1b | 14.3x | 16.9x | 2.5x |
| Mon, 04 Apr 2022 | HK$37.1b | HK$14.7b | HK$2.2b | 14.5x | 17x | 2.5x |
| Wed, 02 Mar 2022 | HK$47.2b | HK$15.8b | -HK$169,014,353.00 | 18.6x | -279.4x | 3x |
| Fri, 28 Jan 2022 | HK$53.4b | HK$15.8b | -HK$170,041,234.00 | 19.4x | -313.9x | 3.4x |
Price to Earnings Ratio
-313.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Publishing industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.3x which is higher than its 3-year average PE of 9.4x.
- The 3-year average PS ratio of 2.4x 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 17% 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 | 3.38% | |
| Telecom | 4.31% | |
| Media | 3.80% | |
| Publishing | 3.26% | |
| Advertising | 4.47% | |
| Broadcasting | 1.63% | |
| Cable and Satellite | 0% | 0 |
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 | |
|---|---|---|---|---|---|
| 772 China Literature | HK$25.15 | 3.9% +HK$948.1m | -5.8% | PE25.7x | |
| 811 Xinhua Winshare Publishing and Media | HK$10.76 | 2.7% +HK$345.5m | 70.5% | PE8.2x | |
| 18 Oriental Enterprise Holdings | HK$0.35 | 1.4% +HK$12.0m | -9.1% | PE12.1x | |
| 423 Hong Kong Economic Times Holdings | HK$0.76 | 2.7% +HK$8.6m | -2.6% | PE8x | |
| 8238 Winto Group (Holdings) | HK$0.39 | 20.0% +HK$5.7m | -55.7% | PS1.7x |
