China Literature's (HKG:772) Returns On Capital Are Heading Higher
Oct 18
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Publishing Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies8
- 7D-2.8%
- 3M3.8%
- 1Y0.5%
- YTDn/a
Over the last 7 days, the Publishing industry has dropped 2.9%, driven by a pullback from China Literature of 2.8%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$45.5b | HK$25.4b | HK$2.6b | 9.9x | 17.7x | 1.8x |
| Sat, 19 Oct 2024 | HK$48.0b | HK$25.7b | HK$2.6b | 10.3x | 18.3x | 1.9x |
| Mon, 16 Sep 2024 | HK$43.8b | HK$25.8b | HK$2.6b | 8.6x | 16.6x | 1.7x |
| Wed, 14 Aug 2024 | HK$43.9b | HK$25.3b | HK$2.6b | 9.9x | 16.6x | 1.7x |
| Fri, 12 Jul 2024 | HK$44.4b | HK$24.1b | HK$2.5b | 10.1x | 17.9x | 1.8x |
| Sun, 09 Jun 2024 | HK$45.7b | HK$24.2b | HK$2.4b | 7.5x | 18.8x | 1.9x |
| Tue, 07 May 2024 | HK$48.5b | HK$24.3b | HK$2.5b | 7.3x | 19.5x | 2x |
| Thu, 04 Apr 2024 | HK$44.5b | HK$24.1b | HK$2.5b | 7.5x | 18x | 1.8x |
| Sat, 02 Mar 2024 | HK$43.2b | HK$23.7b | HK$2.4b | 8.2x | 18.2x | 1.8x |
| Mon, 29 Jan 2024 | HK$43.5b | HK$23.8b | HK$2.4b | 8.3x | 18.1x | 1.8x |
| Wed, 27 Dec 2023 | HK$45.0b | HK$23.9b | HK$2.4b | 9.6x | 18.7x | 1.9x |
| Fri, 24 Nov 2023 | HK$48.8b | HK$23.8b | HK$2.5b | 7.8x | 19.7x | 2.1x |
| Sun, 22 Oct 2023 | HK$43.4b | HK$23.2b | HK$2.4b | 12x | 18.3x | 1.9x |
| Tue, 19 Sep 2023 | HK$46.9b | HK$23.3b | HK$2.4b | 12.3x | 19.7x | 2x |
| Thu, 17 Aug 2023 | HK$35.4b | HK$11.0b | HK$782.6m | 17x | 45.2x | 3.2x |
| Sat, 15 Jul 2023 | HK$39.1b | HK$12.1b | HK$663.0m | 34.9x | 59.1x | 3.2x |
| Mon, 12 Jun 2023 | HK$38.3b | HK$12.1b | HK$705.9m | 30.7x | 54.2x | 3.2x |
| Wed, 10 May 2023 | HK$38.5b | HK$12.4b | HK$722.9m | 23.1x | 53.2x | 3.1x |
| Fri, 07 Apr 2023 | HK$43.4b | HK$12.5b | HK$754.6m | 11.2x | 57.5x | 3.5x |
| Sun, 05 Mar 2023 | HK$41.3b | HK$13.3b | HK$1.1b | 10.8x | 36.2x | 3.1x |
| Tue, 31 Jan 2023 | HK$45.2b | HK$13.5b | HK$1.2b | 10.8x | 38.6x | 3.3x |
| Thu, 29 Dec 2022 | HK$34.3b | HK$13.2b | HK$1.1b | 10.7x | 30.4x | 2.6x |
| Sat, 26 Nov 2022 | HK$29.7b | HK$12.9b | HK$1.1b | 10.8x | 26.9x | 2.3x |
| Mon, 24 Oct 2022 | HK$24.9b | HK$12.9b | HK$1.1b | 14x | 23.4x | 1.9x |
| Wed, 21 Sep 2022 | HK$31.8b | HK$13.2b | HK$1.1b | 15.6x | 28.9x | 2.4x |
| Fri, 19 Aug 2022 | HK$33.3b | HK$13.5b | HK$1.2b | 15.3x | 28.5x | 2.5x |
| Sun, 17 Jul 2022 | HK$37.0b | HK$13.9b | HK$2.2b | 15.5x | 17.1x | 2.7x |
| Tue, 14 Jun 2022 | HK$39.4b | HK$14.2b | HK$2.0b | 16.5x | 19.4x | 2.8x |
| Thu, 12 May 2022 | HK$36.4b | HK$14.1b | HK$2.1b | 14.9x | 17.6x | 2.6x |
| Sat, 09 Apr 2022 | HK$37.4b | HK$14.7b | HK$2.2b | 14.6x | 17.1x | 2.5x |
| Mon, 07 Mar 2022 | HK$45.0b | HK$15.8b | -HK$168,627,047.00 | 17.9x | -267.1x | 2.8x |
| Wed, 02 Feb 2022 | HK$52.4b | HK$15.7b | -HK$168,849,204.00 | 20.8x | -310x | 3.3x |
| Fri, 31 Dec 2021 | HK$52.6b | HK$15.7b | -HK$168,547,451.00 | 20.3x | -312.3x | 3.4x |
| Sun, 28 Nov 2021 | HK$61.9b | HK$15.6b | -HK$167,721,947.00 | 20.8x | -368.9x | 4x |
Price to Earnings Ratio
-368.9x
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 17.4x which is higher than its 3-year average PE of -10.5x.
- The 3-year average PS ratio of 2.5x 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 18% 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 | 0.42% | |
| Telecom | 2.17% | |
| Media | -6.03% | |
| Publishing | -2.84% | |
| Cable and Satellite | 0% | |
| Broadcasting | -2.24% | |
| Advertising | -9.22% | |
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 | |
|---|---|---|---|---|---|
| 2383 TOM Group | HK$0.49 | 4.3% +HK$79.1m | -24.6% | PS2.6x | |
| 1105 Sing Tao News | HK$0.23 | 5.4% +HK$10.6m | -41.3% | PS0.3x | |
| 8006 Sino Splendid Holdings | HK$0.15 | 2.8% +HK$590.2k | -18.9% | PS0.5x |