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Dec 06
Hong Kong (HSI) Water Utilities Industry Analysis
UpdatedDec 06, 2022
DataAggregated Company Financials
Companies12
- 7D1.5%
- 3M-1.4%
- 1Y-30.0%
- YTD-33.3%
Over the last 7 days, the Water Utilities industry has dropped 4.4%, driven by China Water Affairs Group declining 7.6%. Overall the industry is down 34% in 12 months. Earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Tue, 06 Dec 2022 | HK$82.7b | HK$80.3b | HK$8.7b | 5.2x | 9.5x | 1x |
| Thu, 03 Nov 2022 | HK$69.4b | HK$79.6b | HK$8.7b | 5.2x | 7.9x | 0.9x |
| Sat, 01 Oct 2022 | HK$76.0b | HK$82.6b | HK$9.0b | 5.4x | 8.5x | 0.9x |
| Mon, 29 Aug 2022 | HK$87.4b | HK$87.4b | HK$11.0b | 5x | 8x | 1x |
| Wed, 27 Jul 2022 | HK$94.0b | HK$87.6b | HK$11.0b | 5.9x | 8.5x | 1.1x |
| Fri, 24 Jun 2022 | HK$100.5b | HK$86.5b | HK$11.0b | 5.5x | 9.1x | 1.2x |
| Sun, 22 May 2022 | HK$110.8b | HK$86.5b | HK$11.0b | 5.5x | 10x | 1.3x |
| Tue, 19 Apr 2022 | HK$115.2b | HK$88.2b | HK$10.9b | 5.8x | 10.5x | 1.3x |
| Thu, 17 Mar 2022 | HK$113.0b | HK$91.6b | HK$13.5b | 3.9x | 8.4x | 1.2x |
| Sat, 12 Feb 2022 | HK$127.8b | HK$91.6b | HK$13.5b | 4.6x | 9.5x | 1.4x |
| Mon, 10 Jan 2022 | HK$121.8b | HK$91.5b | HK$13.5b | 4.5x | 9x | 1.3x |
| Wed, 08 Dec 2021 | HK$118.0b | HK$91.5b | HK$13.5b | 4.3x | 8.7x | 1.3x |
| Fri, 05 Nov 2021 | HK$117.0b | HK$90.1b | HK$13.3b | 4.6x | 8.8x | 1.3x |
| Sun, 03 Oct 2021 | HK$121.0b | HK$88.0b | HK$12.8b | 4.8x | 9.4x | 1.4x |
| Tue, 31 Aug 2021 | HK$124.8b | HK$88.4b | HK$12.8b | 5.6x | 9.8x | 1.4x |
| Wed, 07 Jul 2021 | HK$121.9b | HK$88.4b | HK$12.8b | 5.2x | 9.6x | 1.4x |
| Sat, 10 Apr 2021 | HK$131.9b | HK$86.3b | HK$12.6b | 5.4x | 10.5x | 1.5x |
| Fri, 01 Jan 2021 | HK$141.2b | HK$81.9b | HK$12.1b | 5.1x | 11.7x | 1.7x |
| Mon, 05 Oct 2020 | HK$128.4b | HK$77.5b | HK$12.1b | 6.9x | 10.6x | 1.7x |
| Thu, 09 Jul 2020 | HK$135.1b | HK$74.7b | HK$12.1b | 5.9x | 11.2x | 1.8x |
| Wed, 01 Apr 2020 | HK$146.6b | HK$71.6b | HK$12.6b | 6.5x | 11.6x | 2x |
| Sat, 04 Jan 2020 | HK$166.3b | HK$72.1b | HK$13.4b | 5.8x | 12.5x | 2.3x |
Price to Earnings Ratio
12.5x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Water Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 10.2x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.00x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have declined 13% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Hong Kong Utilities industry?
| HK Market | 8.87% | |
| Utilities | 2.06% | |
| Water Utilities | 1.46% | |
| Water | 1.46% | |
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 | |
|---|---|---|---|---|---|
| 270 Guangdong Investment | HK$7.36 | 4.0% +HK$1.8b | -26.0% | PE10.3x | |
| 371 Beijing Enterprises Water Group | HK$1.99 | 2.6% +HK$502.3m | -31.8% | PE8.3x | |
| 1853 Jilin Province Chuncheng Heating | HK$1.96 | 10.1% +HK$84.0m | -3.0% | PE13.4x | |
| 2281 Luzhou Xinglu Water (Group) | HK$0.85 | 6.3% +HK$43.0m | -19.0% | PE2.7x | |
| 6839 Yunnan Water Investment | HK$0.39 | 5.4% +HK$23.9m | -56.7% | PS0.09x |