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Hong Kong (HSI) Water Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies11
- 7D-0.9%
- 3M5.7%
- 1Y-0.6%
- YTDn/a
Over the last 7 days, the Water industry has dropped 1.8%, driven by a pullback from China Water Affairs Group of 2.6%. Meanwhile, ELL Environmental Holdings actually outperformed within the industry, gaining 7.3% in the last week. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 13% 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, 21 Nov 2024 | HK$65.3b | HK$73.4b | HK$6.4b | 4.1x | 10.1x | 0.9x |
| Sat, 19 Oct 2024 | HK$70.9b | HK$73.2b | HK$6.6b | 5.2x | 10.7x | 1x |
| Mon, 16 Sep 2024 | HK$62.1b | HK$73.4b | HK$6.6b | 3.9x | 9.4x | 0.8x |
| Wed, 14 Aug 2024 | HK$63.2b | HK$77.6b | HK$6.2b | 5.1x | 10.1x | 0.8x |
| Fri, 12 Jul 2024 | HK$62.2b | HK$77.2b | HK$6.2b | 5x | 10x | 0.8x |
| Sun, 09 Jun 2024 | HK$73.2b | HK$78.7b | HK$6.4b | 5.8x | 11.4x | 0.9x |
| Tue, 07 May 2024 | HK$62.4b | HK$78.9b | HK$6.4b | 4.8x | 9.7x | 0.8x |
| Thu, 04 Apr 2024 | HK$52.3b | HK$77.8b | HK$6.4b | 4.5x | 8.1x | 0.7x |
| Sat, 02 Mar 2024 | HK$62.0b | HK$77.6b | HK$7.5b | 4.8x | 8.2x | 0.8x |
| Mon, 29 Jan 2024 | HK$68.1b | HK$77.7b | HK$7.5b | 4.3x | 9x | 0.9x |
| Wed, 27 Dec 2023 | HK$62.0b | HK$77.7b | HK$7.5b | 4.5x | 8.2x | 0.8x |
| Fri, 24 Nov 2023 | HK$66.3b | HK$77.6b | HK$7.7b | 4.6x | 8.6x | 0.9x |
| Sun, 22 Oct 2023 | HK$65.7b | HK$78.2b | HK$8.1b | 4.3x | 8.1x | 0.8x |
| Tue, 19 Sep 2023 | HK$70.4b | HK$79.8b | HK$8.3b | 4.9x | 8.5x | 0.9x |
| Thu, 17 Aug 2023 | HK$74.5b | HK$78.7b | HK$7.5b | 7.2x | 9.9x | 0.9x |
| Sat, 15 Jul 2023 | HK$78.5b | HK$79.0b | HK$7.5b | 6.7x | 10.4x | 1x |
| Mon, 12 Jun 2023 | HK$81.5b | HK$76.6b | HK$7.4b | 6x | 11x | 1.1x |
| Wed, 10 May 2023 | HK$86.4b | HK$77.0b | HK$7.4b | 6.3x | 11.7x | 1.1x |
| Fri, 07 Apr 2023 | HK$85.4b | HK$78.3b | HK$7.4b | 5.6x | 11.5x | 1.1x |
| Sun, 05 Mar 2023 | HK$90.8b | HK$80.7b | HK$8.7b | 6.2x | 10.5x | 1.1x |
| Tue, 31 Jan 2023 | HK$95.3b | HK$81.1b | HK$8.7b | 6.1x | 11x | 1.2x |
| Thu, 29 Dec 2022 | HK$89.9b | HK$80.5b | HK$8.7b | 5.7x | 10.3x | 1.1x |
| Sat, 26 Nov 2022 | HK$84.0b | HK$79.8b | HK$8.7b | 5.4x | 9.6x | 1.1x |
| Mon, 24 Oct 2022 | HK$77.9b | HK$82.3b | HK$9.0b | 5.5x | 8.7x | 0.9x |
| Wed, 21 Sep 2022 | HK$83.1b | HK$82.8b | HK$9.0b | 6x | 9.3x | 1x |
| Fri, 19 Aug 2022 | HK$92.5b | HK$87.5b | HK$11.0b | 5.6x | 8.4x | 1.1x |
| Sun, 17 Jul 2022 | HK$94.5b | HK$87.6b | HK$11.0b | 5.7x | 8.6x | 1.1x |
| Tue, 14 Jun 2022 | HK$106.1b | HK$86.5b | HK$11.0b | 5.5x | 9.6x | 1.2x |
| Thu, 12 May 2022 | HK$108.5b | HK$86.4b | HK$11.0b | 5.8x | 9.8x | 1.3x |
| Sat, 09 Apr 2022 | HK$114.4b | HK$88.2b | HK$11.0b | 5.8x | 10.4x | 1.3x |
| Mon, 07 Mar 2022 | HK$120.0b | HK$91.8b | HK$13.5b | 4.1x | 8.9x | 1.3x |
| Wed, 02 Feb 2022 | HK$126.8b | HK$91.6b | HK$13.5b | 4.4x | 9.4x | 1.4x |
| Fri, 31 Dec 2021 | HK$120.6b | HK$91.6b | HK$13.5b | 4.3x | 8.9x | 1.3x |
| Sun, 28 Nov 2021 | HK$121.9b | HK$90.1b | HK$13.3b | 4.4x | 9.2x | 1.4x |
Price to Earnings Ratio
9.2x
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 9.6x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.88x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have declined 21% per year over the last three years,
- Revenues have also declined 6.6% 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 | 0.42% | |
| Utilities | 0.66% | |
| Water Utilities | -0.85% | |
| Water | -0.85% | |
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$2.22 | 2.3% +HK$502.3m | 34.5% | PE13.4x | |
| 270 Guangdong Investment | HK$4.81 | 1.1% +HK$326.9m | -14.3% | PE10.9x |
