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Hong Kong (HSI) Water Industry Analysis
UpdatedJan 22, 2026
DataAggregated Company Financials
Companies12
- 7D0.6%
- 3M-3.8%
- 1Y16.7%
- YTDn/a
In the last week, Water has been flat. The past year has been better, since the industry has gained 16% in that time. Looking forward, earnings are forecast to grow by 4.8% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 22 Jan 2026 | HK$84.8b | HK$68.1b | HK$5.1b | 10x | 16.6x | 1.2x |
| Sat, 20 Dec 2025 | HK$83.6b | HK$67.6b | HK$5.1b | 9.9x | 16.4x | 1.2x |
| Mon, 17 Nov 2025 | HK$91.0b | HK$68.0b | HK$5.3b | 10.2x | 17.2x | 1.3x |
| Wed, 15 Oct 2025 | HK$85.7b | HK$67.6b | HK$5.1b | 10x | 17x | 1.3x |
| Fri, 12 Sep 2025 | HK$89.4b | HK$67.8b | HK$5.1b | 10.3x | 17.6x | 1.3x |
| Sun, 10 Aug 2025 | HK$87.9b | HK$69.0b | HK$5.3b | 6.8x | 16.6x | 1.3x |
| Tue, 08 Jul 2025 | HK$80.7b | HK$69.1b | HK$5.3b | 5.8x | 15.3x | 1.2x |
| Thu, 05 Jun 2025 | HK$83.4b | HK$69.3b | HK$5.7b | 5.9x | 14.7x | 1.2x |
| Sat, 03 May 2025 | HK$78.2b | HK$68.4b | HK$5.7b | 6.3x | 13.8x | 1.1x |
| Mon, 31 Mar 2025 | HK$76.2b | HK$68.6b | HK$5.6b | 5.9x | 13.5x | 1.1x |
| Wed, 26 Feb 2025 | HK$73.9b | HK$72.4b | HK$6.4b | 4.8x | 11.6x | 1x |
| Fri, 24 Jan 2025 | HK$72.1b | HK$72.4b | HK$6.4b | 4.8x | 11.3x | 1x |
| Sun, 22 Dec 2024 | HK$77.0b | HK$72.3b | HK$6.4b | 4.2x | 12.1x | 1.1x |
| Tue, 19 Nov 2024 | HK$64.9b | HK$73.5b | HK$6.5b | 4.2x | 10.1x | 0.9x |
| Thu, 17 Oct 2024 | HK$68.9b | HK$73.2b | HK$6.6b | 5.2x | 10.4x | 0.9x |
| Sat, 14 Sep 2024 | HK$62.1b | HK$73.4b | HK$6.6b | 3.9x | 9.4x | 0.8x |
| Mon, 12 Aug 2024 | HK$62.9b | HK$77.6b | HK$6.2b | 5.1x | 10.1x | 0.8x |
| Wed, 10 Jul 2024 | HK$65.4b | HK$77.1b | HK$6.2b | 5x | 10.5x | 0.8x |
| Fri, 07 Jun 2024 | HK$70.0b | HK$78.7b | HK$6.4b | 5.5x | 10.9x | 0.9x |
| Sun, 05 May 2024 | HK$60.7b | HK$78.7b | HK$6.4b | 4.8x | 9.5x | 0.8x |
| Tue, 02 Apr 2024 | HK$51.1b | HK$77.8b | HK$6.4b | 4.4x | 8x | 0.7x |
| Thu, 29 Feb 2024 | HK$62.3b | HK$77.6b | HK$7.5b | 4.9x | 8.3x | 0.8x |
| Sat, 27 Jan 2024 | HK$68.1b | HK$77.7b | HK$7.5b | 4.3x | 9x | 0.9x |
| Mon, 25 Dec 2023 | HK$62.0b | HK$77.7b | HK$7.5b | 4.5x | 8.2x | 0.8x |
| Wed, 22 Nov 2023 | HK$66.5b | HK$77.6b | HK$7.7b | 4.6x | 8.7x | 0.9x |
| Fri, 20 Oct 2023 | HK$66.3b | HK$78.2b | HK$8.1b | 4.3x | 8.2x | 0.8x |
| Sun, 17 Sep 2023 | HK$70.6b | HK$79.9b | HK$8.3b | 4.9x | 8.5x | 0.9x |
| Tue, 15 Aug 2023 | HK$75.4b | HK$78.8b | HK$7.5b | 7.2x | 10x | 1x |
| Thu, 13 Jul 2023 | HK$77.5b | HK$78.9b | HK$7.5b | 6.7x | 10.3x | 1x |
| Sat, 10 Jun 2023 | HK$81.5b | HK$76.6b | HK$7.4b | 6x | 11x | 1.1x |
| Mon, 08 May 2023 | HK$86.2b | HK$77.0b | HK$7.4b | 6.4x | 11.7x | 1.1x |
| Wed, 05 Apr 2023 | HK$85.1b | HK$78.3b | HK$7.4b | 5.6x | 11.5x | 1.1x |
| Fri, 03 Mar 2023 | HK$88.9b | HK$80.7b | HK$8.7b | 6.2x | 10.2x | 1.1x |
| Sun, 29 Jan 2023 | HK$97.8b | HK$81.0b | HK$8.7b | 6.6x | 11.3x | 1.2x |
Price to Earnings Ratio
11.3x
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 16.6x which is higher than its 3-year average PE of 11.6x.
- 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 5.6% 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 | -0.80% | |
| Utilities | 2.13% | |
| Water Utilities | 0.58% | |
| Water | 0.58% | |
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$7.11 | 3.8% +HK$1.7b | 20.5% | PE10.2x | |
| 371 Beijing Enterprises Water Group | HK$2.64 | 3.1% +HK$803.7m | 18.9% | PE17.7x | |
| 1026 Universal Technologies Holdings | HK$0.11 | 19.6% +HK$99.2m | 10.0% | PS2x | |
| 1542 Taizhou Water Group | HK$1.21 | 4.3% +HK$10.0m | -23.4% | PS0.4x | |
| 1395 ELL Environmental Holdings | HK$0.18 | 5.2% +HK$10.0m | 24.8% | PE16.5x |
