Hong Kong (HSI) Water Utilities Industry Analysis

UpdatedMar 02, 2026

DataAggregated Company Financials

Companies12

7D-1.2%
3M2.8%
1Y22.6%
YTD11.4%

Over the last 7 days, the Water Utilities industry has dropped 1.2%, driven by pullbacks in Beijing Enterprises Water Group and Guangdong Investment of 5.5% and 3.0%, respectively. Over the past 12 months, the industry was up 23%. Looking forward, earnings are forecast to grow by 4.4% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 04 Mar 2026	HK$92.0b	HK$68.8b	HK$5.1b	10.3x	18.1x	1.3x
Fri, 30 Jan 2026	HK$89.4b	HK$68.2b	HK$5.1b	10.4x	17.5x	1.3x
Sun, 28 Dec 2025	HK$82.9b	HK$67.8b	HK$5.1b	9.6x	16.3x	1.2x
Tue, 25 Nov 2025	HK$88.0b	HK$68.1b	HK$5.3b	9.9x	16.7x	1.3x
Thu, 23 Oct 2025	HK$87.6b	HK$67.7b	HK$5.1b	10.1x	17.3x	1.3x
Sat, 20 Sep 2025	HK$87.0b	HK$67.8b	HK$5.1b	10.1x	17.1x	1.3x
Mon, 18 Aug 2025	HK$85.8b	HK$68.9b	HK$5.3b	6.9x	16.2x	1.2x
Wed, 16 Jul 2025	HK$86.0b	HK$69.0b	HK$5.3b	6.1x	16.3x	1.2x
Fri, 13 Jun 2025	HK$82.7b	HK$69.3b	HK$5.7b	5.8x	14.6x	1.2x
Sun, 11 May 2025	HK$78.0b	HK$68.7b	HK$5.7b	6.5x	13.8x	1.1x
Tue, 08 Apr 2025	HK$73.6b	HK$68.3b	HK$5.6b	5.8x	13.1x	1.1x
Thu, 06 Mar 2025	HK$75.9b	HK$72.4b	HK$6.4b	4.9x	11.8x	1x
Sat, 01 Feb 2025	HK$71.2b	HK$72.5b	HK$6.4b	4.8x	11.2x	1x
Mon, 30 Dec 2024	HK$80.5b	HK$72.2b	HK$6.3b	5x	12.7x	1.1x
Wed, 27 Nov 2024	HK$63.1b	HK$73.5b	HK$6.4b	4.1x	9.8x	0.9x
Fri, 25 Oct 2024	HK$70.6b	HK$73.2b	HK$6.6b	5x	10.7x	1x
Sun, 22 Sep 2024	HK$63.9b	HK$73.6b	HK$6.6b	4x	9.6x	0.9x
Tue, 20 Aug 2024	HK$63.0b	HK$77.8b	HK$6.2b	5.1x	10.1x	0.8x
Thu, 18 Jul 2024	HK$61.0b	HK$77.2b	HK$6.2b	5x	9.8x	0.8x
Sat, 15 Jun 2024	HK$70.6b	HK$78.6b	HK$6.4b	6x	11x	0.9x
Mon, 13 May 2024	HK$65.5b	HK$78.8b	HK$6.4b	5x	10.2x	0.8x
Wed, 10 Apr 2024	HK$53.8b	HK$77.8b	HK$6.4b	4.7x	8.4x	0.7x
Fri, 08 Mar 2024	HK$61.7b	HK$77.6b	HK$7.5b	4.8x	8.2x	0.8x
Sun, 04 Feb 2024	HK$58.3b	HK$77.6b	HK$7.5b	3.8x	7.7x	0.8x
Tue, 02 Jan 2024	HK$66.3b	HK$77.8b	HK$7.5b	4.5x	8.8x	0.9x
Thu, 30 Nov 2023	HK$63.1b	HK$77.7b	HK$7.5b	4.4x	8.4x	0.8x
Sat, 28 Oct 2023	HK$66.8b	HK$77.4b	HK$7.7b	4.4x	8.7x	0.9x
Mon, 25 Sep 2023	HK$69.6b	HK$79.8b	HK$8.3b	4.7x	8.4x	0.9x
Wed, 23 Aug 2023	HK$71.6b	HK$78.7b	HK$7.5b	7.1x	9.5x	0.9x
Fri, 21 Jul 2023	HK$76.6b	HK$79.0b	HK$7.5b	6.8x	10.2x	1x
Sun, 18 Jun 2023	HK$80.3b	HK$76.6b	HK$7.4b	6x	10.9x	1x
Tue, 16 May 2023	HK$84.9b	HK$76.9b	HK$7.4b	6.3x	11.5x	1.1x
Thu, 13 Apr 2023	HK$88.6b	HK$77.2b	HK$7.6b	6.3x	11.7x	1.1x
Sat, 11 Mar 2023	HK$87.7b	HK$80.6b	HK$8.7b	6.2x	10.1x	1.1x

Price to Earnings Ratio

10.1x

Sat, 11 Mar 2023

Current Industry PE

Investors are optimistic on the Hong Kong Water Utilities industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 18.1x which is higher than its 3-year average PE of 11.9x.

The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.

Past Earnings Growth

The earnings for companies in the Water Utilities industry have declined 16% per year over the last three years,
Revenues have also declined 5.1% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Hong Kong Utilities industry?


HK Market	0.15%
Utilities	1.68%
Water Utilities	-1.23%
Water	-1.23%

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
	1026 Universal Technologies Holdings	HK$0.11	0.9% +HK$5.5m	6.7%	PS2.1x
	646 China Environmental Technology Holdings	HK$0.16	1.3% +HK$685.4k	-33.9%	PS1.9x