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Hong Kong (HSI) Water Industry Analysis
UpdatedJan 25, 2026
DataAggregated Company Financials
Companies12
- 7D2.9%
- 3M-0.8%
- 1Y19.5%
- YTDn/a
The Water industry is up 2.9% in the last week, with Beijing Enterprises Water Group up 4.8%. This means that the industry has gained 20% over the past year. As for the next few years, earnings are expected to grow by 4.7% per annum.
Industry Valuation and Performance
Has the Hong Kong Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 25 Jan 2026 | HK$86.3b | HK$68.1b | HK$5.1b | 10.1x | 17x | 1.3x |
| Tue, 23 Dec 2025 | HK$82.8b | HK$67.6b | HK$5.1b | 9.7x | 16.3x | 1.2x |
| Thu, 20 Nov 2025 | HK$89.3b | HK$68.1b | HK$5.3b | 9.9x | 16.9x | 1.3x |
| Sat, 18 Oct 2025 | HK$87.1b | HK$67.6b | HK$5.1b | 10x | 17.2x | 1.3x |
| Mon, 15 Sep 2025 | HK$89.4b | HK$67.7b | HK$5.1b | 10.3x | 17.6x | 1.3x |
| Wed, 13 Aug 2025 | HK$88.0b | HK$69.0b | HK$5.3b | 6.8x | 16.7x | 1.3x |
| Fri, 11 Jul 2025 | HK$82.0b | HK$69.0b | HK$5.3b | 5.8x | 15.5x | 1.2x |
| Sun, 08 Jun 2025 | HK$83.3b | HK$69.3b | HK$5.7b | 5.9x | 14.7x | 1.2x |
| Tue, 06 May 2025 | HK$78.2b | HK$68.4b | HK$5.7b | 6.3x | 13.8x | 1.1x |
| Thu, 03 Apr 2025 | HK$76.8b | HK$68.6b | HK$5.6b | 6x | 13.6x | 1.1x |
| Sat, 01 Mar 2025 | HK$74.7b | HK$72.3b | HK$6.4b | 4.5x | 11.7x | 1x |
| Mon, 27 Jan 2025 | HK$71.9b | HK$72.5b | HK$6.4b | 4.8x | 11.3x | 1x |
| Wed, 25 Dec 2024 | HK$78.3b | HK$72.2b | HK$6.4b | 4.7x | 12.3x | 1.1x |
| Fri, 22 Nov 2024 | HK$64.8b | HK$73.4b | HK$6.4b | 4.1x | 10.1x | 0.9x |
| Sun, 20 Oct 2024 | HK$70.9b | HK$73.3b | HK$6.6b | 5.2x | 10.7x | 1x |
| Tue, 17 Sep 2024 | HK$62.4b | HK$73.4b | HK$6.6b | 4x | 9.4x | 0.9x |
| Thu, 15 Aug 2024 | HK$61.7b | HK$77.7b | HK$6.2b | 5.1x | 9.9x | 0.8x |
| Sat, 13 Jul 2024 | HK$63.0b | HK$77.2b | HK$6.2b | 5.2x | 10.1x | 0.8x |
| Mon, 10 Jun 2024 | HK$73.2b | HK$78.7b | HK$6.4b | 5.8x | 11.4x | 0.9x |
| Wed, 08 May 2024 | HK$63.3b | HK$78.9b | HK$6.4b | 4.9x | 9.9x | 0.8x |
| Fri, 05 Apr 2024 | HK$52.3b | HK$77.8b | HK$6.4b | 4.5x | 8.1x | 0.7x |
| Sun, 03 Mar 2024 | HK$62.0b | HK$77.6b | HK$7.5b | 4.8x | 8.2x | 0.8x |
| Tue, 30 Jan 2024 | HK$64.1b | HK$77.6b | HK$7.5b | 4.3x | 8.5x | 0.8x |
| Thu, 28 Dec 2023 | HK$64.7b | HK$77.7b | HK$7.5b | 4.6x | 8.6x | 0.8x |
| Sat, 25 Nov 2023 | HK$65.8b | HK$77.6b | HK$7.7b | 4.4x | 8.6x | 0.8x |
| Mon, 23 Oct 2023 | HK$65.7b | HK$78.2b | HK$8.1b | 4.3x | 8.1x | 0.8x |
| Wed, 20 Sep 2023 | HK$70.5b | HK$79.8b | HK$8.3b | 4.8x | 8.5x | 0.9x |
| Fri, 18 Aug 2023 | HK$74.7b | HK$78.7b | HK$7.5b | 6.9x | 9.9x | 0.9x |
| Sun, 16 Jul 2023 | HK$78.5b | HK$79.0b | HK$7.5b | 6.7x | 10.4x | 1x |
| Tue, 13 Jun 2023 | HK$80.0b | HK$76.5b | HK$7.4b | 6x | 10.8x | 1x |
| Thu, 11 May 2023 | HK$86.8b | HK$77.0b | HK$7.4b | 6.3x | 11.7x | 1.1x |
| Sat, 08 Apr 2023 | HK$85.4b | HK$77.3b | HK$7.5b | 7.3x | 11.3x | 1.1x |
| Mon, 06 Mar 2023 | HK$90.8b | HK$80.7b | HK$8.7b | 6.2x | 10.5x | 1.1x |
| Wed, 01 Feb 2023 | HK$93.4b | HK$81.0b | HK$8.7b | 6x | 10.8x | 1.2x |
Price to Earnings Ratio
10.8x
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 17.0x which is higher than its 3-year average PE of 11.7x.
- 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 5.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Water compare with similar industries?
| HK Market | -0.21% | |
| Utilities | 1.98% | |
| Water Utilities | 2.87% | |
| Water | 2.87% | |
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 | |
|---|---|---|---|---|---|
| 371 Beijing Enterprises Water Group | HK$2.64 | 4.8% +HK$1.2b | 21.7% | PE17.7x | |
| 270 Guangdong Investment | HK$7.05 | 2.0% +HK$915.3m | 18.7% | PE10.1x | |
| 1026 Universal Technologies Holdings | HK$0.13 | 43.5% +HK$220.5m | 32.0% | PS2.4x | |
| 855 China Water Affairs Group | HK$5.45 | 0.7% +HK$65.3m | 18.0% | PE10x | |
| 1853 Jilin Province Chuncheng Heating | HK$1.64 | 8.6% +HK$60.7m | 2.5% | PE11.7x |
