Kangda International Environmental Company Limited's (HKG:6136) Low P/E No Reason For Excitement
Jul 02
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Hong Kong (HSI) Water Utilities Industry Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies12
- 7D-3.1%
- 3M2.7%
- 1Y21.4%
- YTD1.8%
Over the last 7 days, the Water Utilities industry has dropped 3.1%, driven by a pullback from Guangdong Investment of 2.8%. In contrast, Kangda International Environmental has gained 7.4%. In the past year, the industry has gained 21%. As for the next few years, earnings are expected to grow by 4.4% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 04 Jul 2025 | HK$81.5b | HK$69.1b | HK$5.3b | 5.8x | 15.4x | 1.2x |
| Sun, 01 Jun 2025 | HK$82.0b | HK$69.2b | HK$5.7b | 6x | 14.5x | 1.2x |
| Tue, 29 Apr 2025 | HK$79.6b | HK$68.3b | HK$5.6b | 6.4x | 14.1x | 1.2x |
| Thu, 27 Mar 2025 | HK$75.2b | HK$64.9b | HK$8.1b | 4.3x | 9.2x | 1.2x |
| Sat, 22 Feb 2025 | HK$74.0b | HK$72.4b | HK$6.4b | 4.8x | 11.6x | 1x |
| Mon, 20 Jan 2025 | HK$73.7b | HK$72.2b | HK$6.3b | 5x | 11.6x | 1x |
| Wed, 18 Dec 2024 | HK$76.9b | HK$72.3b | HK$6.4b | 4.2x | 12.1x | 1.1x |
| Fri, 15 Nov 2024 | HK$64.2b | HK$73.4b | HK$6.4b | 4.2x | 10x | 0.9x |
| Sun, 13 Oct 2024 | HK$70.6b | HK$73.4b | HK$6.6b | 4.7x | 10.7x | 1x |
| Tue, 10 Sep 2024 | HK$62.9b | HK$73.3b | HK$6.6b | 4x | 9.5x | 0.9x |
| Thu, 08 Aug 2024 | HK$63.2b | HK$77.6b | HK$6.2b | 5.1x | 10.1x | 0.8x |
| Sat, 06 Jul 2024 | HK$65.4b | HK$77.2b | HK$6.2b | 5x | 10.5x | 0.8x |
| Mon, 03 Jun 2024 | HK$67.6b | HK$78.7b | HK$6.4b | 5.4x | 10.6x | 0.9x |
| Wed, 01 May 2024 | HK$58.8b | HK$78.8b | HK$6.4b | 4.6x | 9.2x | 0.7x |
| Fri, 29 Mar 2024 | HK$51.1b | HK$77.9b | HK$6.5b | 4.4x | 7.9x | 0.7x |
| Sun, 25 Feb 2024 | HK$62.0b | HK$77.6b | HK$7.5b | 4.6x | 8.2x | 0.8x |
| Tue, 23 Jan 2024 | HK$64.9b | HK$77.6b | HK$7.5b | 3.7x | 8.6x | 0.8x |
| Thu, 21 Dec 2023 | HK$61.4b | HK$77.7b | HK$7.5b | 4.6x | 8.1x | 0.8x |
| Sat, 18 Nov 2023 | HK$65.6b | HK$77.5b | HK$7.7b | 4.5x | 8.6x | 0.8x |
| Mon, 16 Oct 2023 | HK$66.5b | HK$78.2b | HK$8.1b | 4.5x | 8.2x | 0.9x |
| Wed, 13 Sep 2023 | HK$69.6b | HK$79.9b | HK$8.3b | 5x | 8.4x | 0.9x |
| Fri, 11 Aug 2023 | HK$76.2b | HK$78.9b | HK$7.5b | 7.1x | 10.1x | 1x |
| Sun, 09 Jul 2023 | HK$77.5b | HK$78.9b | HK$7.5b | 5.9x | 10.3x | 1x |
| Tue, 06 Jun 2023 | HK$82.3b | HK$76.6b | HK$7.4b | 6.1x | 11.1x | 1.1x |
| Thu, 04 May 2023 | HK$84.1b | HK$77.0b | HK$7.4b | 6.2x | 11.4x | 1.1x |
| Sat, 01 Apr 2023 | HK$88.8b | HK$78.6b | HK$7.7b | 5.7x | 11.5x | 1.1x |
| Mon, 27 Feb 2023 | HK$92.6b | HK$80.6b | HK$8.7b | 6.3x | 10.7x | 1.1x |
| Wed, 25 Jan 2023 | HK$97.3b | HK$81.0b | HK$8.7b | 6.1x | 11.2x | 1.2x |
| Fri, 23 Dec 2022 | HK$88.7b | HK$80.5b | HK$8.7b | 5.7x | 10.2x | 1.1x |
| Sun, 20 Nov 2022 | HK$83.7b | HK$79.9b | HK$8.7b | 5.3x | 9.6x | 1x |
| Tue, 18 Oct 2022 | HK$72.5b | HK$82.4b | HK$9.0b | 5.6x | 8.1x | 0.9x |
| Thu, 15 Sep 2022 | HK$82.8b | HK$83.0b | HK$8.9b | 5.9x | 9.2x | 1x |
| Sat, 13 Aug 2022 | HK$91.1b | HK$87.6b | HK$11.0b | 5.5x | 8.2x | 1x |
| Mon, 11 Jul 2022 | HK$99.2b | HK$87.8b | HK$11.1b | 5.3x | 9x | 1.1x |
Price to Earnings Ratio
9x
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 15.4x which is higher than its 3-year average PE of 10.2x.
- The 3-year average PS ratio of 0.97x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have declined 22% per year over the last three years,
- Revenues have also declined 7.7% 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 | -0.72% | |
| Utilities | -1.21% | |
| Water Utilities | -3.14% | |
| Water | -3.14% | |
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 | |
|---|---|---|---|---|---|
| 6136 Kangda International Environmental | HK$0.36 | 7.4% +HK$53.5m | 58.7% | PE4.2x | |
| 3768 Kunming Dianchi Water Treatment | HK$0.61 | 3.4% +HK$20.6m | -9.0% | PE2.2x | |
| 1129 China Water Industry Group | HK$0.23 | 1.8% +HK$2.5m | -81.9% | PS0.3x | |
| 6839 Yunnan Water Investment | HK$0.18 | 1.1% +HK$2.4m | -9.2% | PS0.07x | |
| 1395 ELL Environmental Holdings | HK$0.15 | 1.4% +HK$2.2m | 25.0% | PS1.4x |
