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Hong Kong (HSI) Water Industry Analysis
UpdatedJan 27, 2026
DataAggregated Company Financials
Companies12
- 7D3.2%
- 3M-3.4%
- 1Y19.5%
- YTDn/a
Over the last 7 days, the Water industry has risen 3.2%, driven by gains from Guangdong Investment of 1.9%. In the last 12 months, the industry was up 19%. Looking forward, earnings are forecast to grow by 4.7% 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 |
|---|---|---|---|---|---|---|
| Wed, 28 Jan 2026 | HK$86.3b | HK$68.2b | HK$5.1b | 10x | 16.9x | 1.3x |
| Fri, 26 Dec 2025 | HK$82.9b | HK$67.8b | HK$5.1b | 9.6x | 16.3x | 1.2x |
| Sun, 23 Nov 2025 | HK$87.5b | HK$68.1b | HK$5.3b | 9.7x | 16.6x | 1.3x |
| Tue, 21 Oct 2025 | HK$87.1b | HK$67.7b | HK$5.1b | 10.1x | 17.2x | 1.3x |
| Thu, 18 Sep 2025 | HK$88.4b | HK$67.8b | HK$5.1b | 10.2x | 17.4x | 1.3x |
| Sat, 16 Aug 2025 | HK$85.8b | HK$68.9b | HK$5.3b | 6.9x | 16.2x | 1.2x |
| Mon, 14 Jul 2025 | HK$84.0b | HK$69.1b | HK$5.3b | 6.1x | 15.9x | 1.2x |
| Wed, 11 Jun 2025 | HK$82.9b | HK$69.3b | HK$5.7b | 5.9x | 14.6x | 1.2x |
| Fri, 09 May 2025 | HK$77.3b | HK$68.6b | HK$5.7b | 6.4x | 13.6x | 1.1x |
| Sun, 06 Apr 2025 | HK$79.3b | HK$68.5b | HK$5.6b | 5.9x | 14.1x | 1.2x |
| Tue, 04 Mar 2025 | HK$73.8b | HK$72.3b | HK$6.4b | 4.6x | 11.5x | 1x |
| Thu, 30 Jan 2025 | HK$71.2b | HK$72.5b | HK$6.4b | 4.8x | 11.2x | 1x |
| Sat, 28 Dec 2024 | HK$80.5b | HK$72.2b | HK$6.3b | 5x | 12.7x | 1.1x |
| Mon, 25 Nov 2024 | HK$63.3b | HK$73.4b | HK$6.4b | 4.1x | 9.8x | 0.9x |
| Wed, 23 Oct 2024 | HK$71.0b | HK$73.2b | HK$6.6b | 5.2x | 10.7x | 1x |
| Fri, 20 Sep 2024 | HK$63.0b | HK$73.5b | HK$6.6b | 4x | 9.5x | 0.9x |
| Sun, 18 Aug 2024 | HK$62.1b | HK$77.6b | HK$6.2b | 5.1x | 9.9x | 0.8x |
| Tue, 16 Jul 2024 | HK$62.4b | HK$77.2b | HK$6.2b | 5.1x | 10x | 0.8x |
| Thu, 13 Jun 2024 | HK$68.2b | HK$78.6b | HK$6.4b | 5.7x | 10.7x | 0.9x |
| Sat, 11 May 2024 | HK$65.5b | HK$78.8b | HK$6.4b | 5x | 10.2x | 0.8x |
| Mon, 08 Apr 2024 | HK$51.4b | HK$77.8b | HK$6.4b | 4.5x | 8x | 0.7x |
| Wed, 06 Mar 2024 | HK$60.8b | HK$77.6b | HK$7.5b | 4.7x | 8.1x | 0.8x |
| Fri, 02 Feb 2024 | HK$58.7b | HK$77.7b | HK$7.5b | 3.8x | 7.8x | 0.8x |
| Sun, 31 Dec 2023 | HK$66.3b | HK$77.8b | HK$7.5b | 4.6x | 8.8x | 0.9x |
| Tue, 28 Nov 2023 | HK$65.1b | HK$77.6b | HK$7.7b | 4.3x | 8.5x | 0.8x |
| Thu, 26 Oct 2023 | HK$66.4b | HK$78.2b | HK$8.1b | 4.4x | 8.2x | 0.8x |
| Sat, 23 Sep 2023 | HK$69.6b | HK$79.8b | HK$8.3b | 4.7x | 8.4x | 0.9x |
| Mon, 21 Aug 2023 | HK$74.0b | HK$78.8b | HK$7.5b | 7x | 9.8x | 0.9x |
| Wed, 19 Jul 2023 | HK$77.6b | HK$78.9b | HK$7.5b | 6.7x | 10.3x | 1x |
| Fri, 16 Jun 2023 | HK$79.6b | HK$76.5b | HK$7.4b | 6x | 10.8x | 1x |
| Sun, 14 May 2023 | HK$84.9b | HK$76.9b | HK$7.4b | 6.3x | 11.5x | 1.1x |
| Tue, 11 Apr 2023 | HK$85.4b | HK$77.3b | HK$7.6b | 6.3x | 11.2x | 1.1x |
| Thu, 09 Mar 2023 | HK$90.4b | HK$80.6b | HK$8.7b | 6.5x | 10.4x | 1.1x |
| Sat, 04 Feb 2023 | HK$95.7b | HK$81.1b | HK$8.7b | 6.4x | 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 16.9x 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 | 0.82% | |
| Utilities | 1.65% | |
| Water Utilities | 3.18% | |
| Water | 3.18% | |
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$7.04 | 1.9% +HK$849.9m | 19.7% | PE10.1x | |
| 371 Beijing Enterprises Water Group | HK$2.60 | 1.2% +HK$301.4m | 20.4% | PE17.4x | |
| 1026 Universal Technologies Holdings | HK$0.13 | 32.0% +HK$170.9m | 16.4% | PS2.3x | |
| 1853 Jilin Province Chuncheng Heating | HK$1.80 | 9.8% +HK$74.7m | 12.5% | PE12.8x | |
| 2281 Luzhou Xinglu Water (Group) | HK$0.74 | 2.8% +HK$17.2m | 25.4% | PE3.1x |
