Hong Kong (HSI) Multi-Utilities Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Multi-Utilities Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 05 Aug 2026	HK$2.3b	HK$3.2b	HK$427.9m	5.4x	5.4x	0.7x
Fri, 03 Jul 2026	HK$2.1b	HK$3.2b	HK$427.9m	5x	5x	0.7x
Sun, 31 May 2026	HK$2.4b	HK$3.2b	HK$427.9m	5.6x	5.6x	0.7x
Tue, 28 Apr 2026	HK$2.6b	HK$3.2b	HK$427.9m	6x	6x	0.8x
Thu, 26 Mar 2026	HK$2.8b	HK$3.3b	HK$604.4m	4.6x	4.6x	0.9x
Sat, 21 Feb 2026	HK$2.9b	HK$3.3b	HK$604.4m	4.8x	4.8x	0.9x
Mon, 19 Jan 2026	HK$2.6b	HK$3.3b	HK$604.4m	4.3x	4.3x	0.8x
Wed, 17 Dec 2025	HK$2.6b	HK$3.3b	HK$604.4m	4.3x	4.3x	0.8x
Fri, 14 Nov 2025	HK$2.8b	HK$3.3b	HK$604.4m	4.7x	4.7x	0.9x
Sun, 12 Oct 2025	HK$2.8b	HK$3.3b	HK$604.4m	4.6x	4.6x	0.8x
Tue, 09 Sep 2025	HK$2.9b	HK$3.3b	HK$604.4m	4.8x	4.8x	0.9x
Thu, 07 Aug 2025	HK$2.8b	HK$3.4b	HK$548.1m	5.1x	5.1x	0.8x
Sat, 05 Jul 2025	HK$2.4b	HK$3.4b	HK$548.1m	4.3x	4.3x	0.7x
Mon, 02 Jun 2025	HK$2.2b	HK$3.4b	HK$548.1m	4x	4x	0.7x
Wed, 30 Apr 2025	HK$2.0b	HK$3.4b	HK$548.1m	3.7x	3.7x	0.6x
Fri, 28 Mar 2025	HK$2.2b	HK$3.3b	HK$552.2m	4.1x	4.1x	0.7x
Sun, 23 Feb 2025	HK$2.1b	HK$3.3b	HK$552.2m	3.8x	3.8x	0.6x
Tue, 21 Jan 2025	HK$2.1b	HK$3.3b	HK$552.2m	3.7x	3.7x	0.6x
Thu, 19 Dec 2024	HK$2.1b	HK$3.3b	HK$552.2m	3.9x	3.9x	0.6x
Sat, 16 Nov 2024	HK$2.1b	HK$3.3b	HK$552.2m	3.8x	3.8x	0.6x
Mon, 14 Oct 2024	HK$2.1b	HK$3.3b	HK$552.2m	3.9x	3.9x	0.6x
Wed, 11 Sep 2024	HK$1.9b	HK$3.3b	HK$552.2m	3.4x	3.4x	0.6x
Fri, 09 Aug 2024	HK$1.9b	HK$3.3b	HK$635.6m	2.9x	2.9x	0.6x
Sun, 07 Jul 2024	HK$2.0b	HK$3.3b	HK$635.6m	3.1x	3.1x	0.6x
Tue, 04 Jun 2024	HK$2.0b	HK$3.3b	HK$635.6m	3.2x	3.2x	0.6x
Thu, 02 May 2024	HK$2.1b	HK$3.3b	HK$635.6m	3.3x	3.3x	0.6x
Sat, 30 Mar 2024	HK$1.8b	HK$3.3b	HK$635.6m	2.9x	2.9x	0.5x
Mon, 26 Feb 2024	HK$1.7b	HK$3.6b	HK$457.2m	3.6x	3.6x	0.5x
Wed, 24 Jan 2024	HK$1.5b	HK$3.6b	HK$457.2m	3.3x	3.3x	0.4x
Fri, 22 Dec 2023	HK$1.6b	HK$3.6b	HK$457.2m	3.4x	3.4x	0.4x
Sun, 19 Nov 2023	HK$1.6b	HK$3.6b	HK$457.2m	3.5x	3.5x	0.4x
Tue, 17 Oct 2023	HK$1.6b	HK$3.6b	HK$457.2m	3.5x	3.5x	0.5x
Thu, 14 Sep 2023	HK$1.7b	HK$3.6b	HK$457.2m	3.7x	3.7x	0.5x
Sat, 12 Aug 2023	HK$1.7b	HK$3.7b	HK$358.2m	4.8x	4.8x	0.5x

Current Industry PE

There is only one company in the Hong Kong Multi-Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Multi-Utilities industry have grown 6.1% per year over the last three years.
Meanwhile revenues for these companies have declined 4.8% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Hong Kong Multi-Utilities compare with similar industries?


HK Market	0.83%
Utilities	-0.07%
Other Utilities	1.90%
Multi-Utilities	1.90%

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
	882 Tianjin Development Holdings	HK$2.14	1.9% +HK$42.9m	-19.2%	PE5.4x

Company

Last Price

Valuation

882 Tianjin Development Holdings

HK$2.14

1.9%
+HK$42.9m

-19.2%

PE5.4x

Tianjin Development Holdings Limited Announces Board and Committee Changes, Effective July 31, 2026

Tianjin Development Holdings Limited announced that Mr. Teng Fei had resigned as Chairman of the Board and an Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board and ceased to be an authorised representative of the Company with effect from July 31, 2026 due to his other business engagements. Mr. Teng confirmed that he had no disagreement with the Board and there was no matter relating to his resignation that needed to be brought to the attention of the shareholders of the Company. Tianjin Development Holdings Limited further announced that Mr. Zhang Wang had been appointed as Chairman of the Board and an Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board as well as an authorised representative of the Company as required under Rule 3.05 of the Listing Rules with effect from July 31, 2026. Mr. Zhang Wang, aged 45, graduated from Hunan University in Environmental Science and Engineering. Prior to joining the Company, he had served in various roles including head of operation department, production technology director of Tianjin Teda Water Co. Ltd., manager of Investment Management Department of Tianjin TEDA Investment Holding (Group) Co. Ltd., general manager of Tianjin TEDA Group Co. Ltd. and chairman of Tianjin TEDA Co. Ltd. Mr. Zhang is currently a deputy general manager of TEDA Holding, the chairman of Tianjin TEDA Industrial Group Co. Ltd. and a director of Tsinlien Group Company Limited, all being controlling shareholders of the Company. He is currently also the vice chairman of Tianjin Pharmaceutical Holdings Co. Ltd. and the chairman of the board of directors and an executive director of Binhai Investment Company Limited, both being associates of controlling shareholders of the Company. Mr. Zhang has extensive experience in corporate management and listed companies’ governance. Mr. Zhang has entered into a letter of appointment with the Company, pursuant to which he has no fixed term of service in his capacity as an executive director of the Company unless terminated by three months’ notice in writing served by either party and is subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the articles of association of the Company. Mr. Zhang has obtained the legal advice from a firm of solicitors as required under Rule 3.09D of the Listing Rules and has confirmed that he understood his obligations as a director of the Company.

Hong Kong (HSI) Multi-Utilities Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Tianjin Development Holdings Limited Announces Board and Committee Changes, Effective July 31, 2026