China Water Industry Group Limited's (HKG:1129) 32% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Dec 28
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Hong Kong (HSI) Water Utilities Industry Analysis
UpdatedJan 01, 2026
DataAggregated Company Financials
Companies12
- 7D-0.9%
- 3M-4.4%
- 1Y0.4%
- YTD2.6%
Last week, the Water Utilities industry hasn't moved much but Kangda International Environmental is up 7.9% in that time. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 4.7% 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 |
|---|---|---|---|---|---|---|
| Fri, 02 Jan 2026 | HK$82.2b | HK$67.9b | HK$5.1b | 9.6x | 16.1x | 1.2x |
| Sun, 30 Nov 2025 | HK$88.4b | HK$67.5b | HK$5.1b | 10.7x | 17.4x | 1.3x |
| Tue, 28 Oct 2025 | HK$87.4b | HK$67.7b | HK$5.1b | 10.2x | 17.3x | 1.3x |
| Thu, 25 Sep 2025 | HK$85.9b | HK$67.7b | HK$5.1b | 9.9x | 16.9x | 1.3x |
| Sat, 23 Aug 2025 | HK$85.5b | HK$68.9b | HK$5.3b | 6.9x | 16.2x | 1.2x |
| Mon, 21 Jul 2025 | HK$85.9b | HK$69.0b | HK$5.3b | 6x | 16.3x | 1.2x |
| Wed, 18 Jun 2025 | HK$85.3b | HK$69.3b | HK$5.7b | 5.8x | 15x | 1.2x |
| Fri, 16 May 2025 | HK$78.4b | HK$69.0b | HK$5.7b | 6.3x | 13.8x | 1.1x |
| Sun, 13 Apr 2025 | HK$77.3b | HK$68.4b | HK$5.6b | 6x | 13.7x | 1.1x |
| Tue, 11 Mar 2025 | HK$75.7b | HK$72.4b | HK$6.4b | 3.9x | 11.8x | 1x |
| Thu, 06 Feb 2025 | HK$71.5b | HK$72.4b | HK$6.4b | 4.8x | 11.2x | 1x |
| Sat, 04 Jan 2025 | HK$77.9b | HK$72.2b | HK$6.3b | 4.9x | 12.3x | 1.1x |
| Mon, 02 Dec 2024 | HK$64.2b | HK$72.5b | HK$6.4b | 4.1x | 10.1x | 0.9x |
| Wed, 30 Oct 2024 | HK$69.3b | HK$73.1b | HK$6.6b | 4.7x | 10.5x | 0.9x |
| Fri, 27 Sep 2024 | HK$68.8b | HK$73.7b | HK$6.6b | 4x | 10.4x | 0.9x |
| Sun, 25 Aug 2024 | HK$61.0b | HK$77.7b | HK$6.2b | 4.7x | 9.8x | 0.8x |
| Tue, 23 Jul 2024 | HK$62.3b | HK$77.1b | HK$6.2b | 5.2x | 10x | 0.8x |
| Thu, 20 Jun 2024 | HK$68.7b | HK$78.6b | HK$6.4b | 4.9x | 10.7x | 0.9x |
| Sat, 18 May 2024 | HK$70.9b | HK$78.7b | HK$6.4b | 4.9x | 11.1x | 0.9x |
| Mon, 15 Apr 2024 | HK$54.4b | HK$77.8b | HK$6.4b | 4.7x | 8.5x | 0.7x |
| Wed, 13 Mar 2024 | HK$63.7b | HK$77.7b | HK$7.5b | 4.8x | 8.5x | 0.8x |
| Fri, 09 Feb 2024 | HK$58.2b | HK$77.8b | HK$7.5b | 4.2x | 7.7x | 0.7x |
| Sun, 07 Jan 2024 | HK$70.5b | HK$77.7b | HK$7.5b | 4.5x | 9.4x | 0.9x |
| Tue, 05 Dec 2023 | HK$61.6b | HK$77.7b | HK$7.5b | 4.2x | 8.2x | 0.8x |
| Thu, 02 Nov 2023 | HK$64.3b | HK$77.4b | HK$7.7b | 4.4x | 8.4x | 0.8x |
| Sat, 30 Sep 2023 | HK$68.9b | HK$78.2b | HK$8.1b | 4.5x | 8.5x | 0.9x |
| Mon, 28 Aug 2023 | HK$73.2b | HK$78.7b | HK$7.5b | 7x | 9.8x | 0.9x |
| Wed, 26 Jul 2023 | HK$78.2b | HK$79.0b | HK$7.5b | 6.8x | 10.4x | 1x |
| Fri, 23 Jun 2023 | HK$79.3b | HK$76.5b | HK$7.4b | 5.9x | 10.7x | 1x |
| Sun, 21 May 2023 | HK$83.3b | HK$76.8b | HK$7.4b | 6.3x | 11.3x | 1.1x |
| Tue, 18 Apr 2023 | HK$88.2b | HK$77.3b | HK$7.6b | 6.4x | 11.6x | 1.1x |
| Thu, 16 Mar 2023 | HK$87.7b | HK$80.8b | HK$8.7b | 6x | 10.1x | 1.1x |
| Sat, 11 Feb 2023 | HK$96.1b | HK$80.9b | HK$8.7b | 6.4x | 11.1x | 1.2x |
| Mon, 09 Jan 2023 | HK$95.4b | HK$80.8b | HK$8.7b | 6x | 11x | 1.2x |
Price to Earnings Ratio
11x
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 16.1x which is higher than its 3-year average PE of 11.5x.
- The 3-year average PS ratio of 1.0x 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 16% per year over the last three years,
- Revenues have also declined 5.7% 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 | -0.21% | |
| Utilities | -2.08% | |
| Water Utilities | -0.87% | |
| Water | -0.87% | |
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$0.48 | 7.9% +HK$80.7m | 57.4% | PE6.1x | |
| 3768 Kunming Dianchi Water Treatment | HK$0.80 | 6.7% +HK$51.5m | 31.1% | PE3x | |
| 855 China Water Affairs Group | HK$5.20 | 0.2% +HK$41.1m | 3.2% | PE9.5x | |
| 1853 Jilin Province Chuncheng Heating | HK$1.60 | 4.6% +HK$32.7m | 0% | PE11.4x | |
| 1129 China Water Industry Group | HK$0.29 | 5.4% +HK$9.5m | -10.6% | PS0.6x |
