China Water Affairs Group (HKG:855) Is Due To Pay A Dividend Of HK$0.15
Jun 30
Hong Kong (HSI) Water Utilities Industry Analysis
UpdatedJul 03, 2024
DataAggregated Company Financials
Companies12
- 7D-3.9%
- 3M25.7%
- 1Y-16.6%
- YTD-2.4%
Over the last 7 days, the Water Utilities industry has dropped 2.0%, driven by China Water Affairs Group declining 16%. Overall the industry is down 15% in 12 months. Earnings are forecast to grow by 10% 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 |
|---|---|---|---|---|---|---|
| Wed, 03 Jul 2024 | HK$65.7b | HK$77.2b | HK$6.2b | 5x | 10.6x | 0.9x |
| Fri, 31 May 2024 | HK$69.1b | HK$78.8b | HK$6.4b | 5.4x | 10.8x | 0.9x |
| Sun, 28 Apr 2024 | HK$57.0b | HK$78.8b | HK$6.4b | 4.7x | 8.9x | 0.7x |
| Tue, 26 Mar 2024 | HK$62.6b | HK$77.6b | HK$7.5b | 4.6x | 8.3x | 0.8x |
| Thu, 22 Feb 2024 | HK$62.2b | HK$77.6b | HK$7.5b | 4.6x | 8.3x | 0.8x |
| Sat, 20 Jan 2024 | HK$67.0b | HK$77.8b | HK$7.5b | 3.9x | 8.9x | 0.9x |
| Mon, 18 Dec 2023 | HK$62.0b | HK$77.7b | HK$7.5b | 4.1x | 8.2x | 0.8x |
| Wed, 15 Nov 2023 | HK$65.2b | HK$77.4b | HK$7.7b | 4.5x | 8.5x | 0.8x |
| Fri, 13 Oct 2023 | HK$68.1b | HK$78.2b | HK$8.1b | 4.6x | 8.4x | 0.9x |
| Sun, 10 Sep 2023 | HK$72.7b | HK$79.8b | HK$8.3b | 5.1x | 8.8x | 0.9x |
| Tue, 08 Aug 2023 | HK$76.5b | HK$78.9b | HK$7.5b | 7.1x | 10.2x | 1x |
| Thu, 06 Jul 2023 | HK$77.6b | HK$77.3b | HK$7.4b | 6x | 10.5x | 1x |
| Sat, 03 Jun 2023 | HK$81.4b | HK$76.7b | HK$7.4b | 6.1x | 11x | 1.1x |
| Mon, 01 May 2023 | HK$85.2b | HK$77.0b | HK$7.4b | 6.3x | 11.5x | 1.1x |
| Wed, 29 Mar 2023 | HK$87.1b | HK$80.5b | HK$8.6b | 5.8x | 10.1x | 1.1x |
| Fri, 24 Feb 2023 | HK$93.5b | HK$80.7b | HK$8.7b | 6.3x | 10.8x | 1.2x |
| Sun, 22 Jan 2023 | HK$97.3b | HK$81.0b | HK$8.7b | 6.1x | 11.2x | 1.2x |
| Tue, 20 Dec 2022 | HK$89.3b | HK$80.4b | HK$8.7b | 5.7x | 10.3x | 1.1x |
| Thu, 17 Nov 2022 | HK$83.5b | HK$80.1b | HK$8.7b | 5.3x | 9.6x | 1x |
| Sat, 15 Oct 2022 | HK$72.5b | HK$82.5b | HK$9.0b | 5.5x | 8.1x | 0.9x |
| Mon, 12 Sep 2022 | HK$85.5b | HK$83.0b | HK$8.9b | 6.2x | 9.6x | 1x |
| Wed, 10 Aug 2022 | HK$90.1b | HK$87.6b | HK$11.0b | 5.5x | 8.2x | 1x |
| Fri, 08 Jul 2022 | HK$97.1b | HK$87.7b | HK$11.1b | 5.4x | 8.8x | 1.1x |
| Sun, 05 Jun 2022 | HK$110.8b | HK$86.6b | HK$11.0b | 5.6x | 10x | 1.3x |
| Tue, 03 May 2022 | HK$113.5b | HK$86.7b | HK$11.0b | 5.8x | 10.3x | 1.3x |
| Thu, 31 Mar 2022 | HK$121.0b | HK$91.8b | HK$13.4b | 4.1x | 9x | 1.3x |
| Sat, 26 Feb 2022 | HK$123.5b | HK$91.8b | HK$13.5b | 4.2x | 9.1x | 1.3x |
| Mon, 24 Jan 2022 | HK$123.6b | HK$91.6b | HK$13.5b | 4.4x | 9.1x | 1.3x |
| Wed, 22 Dec 2021 | HK$116.5b | HK$91.6b | HK$13.5b | 4.2x | 8.6x | 1.3x |
| Fri, 19 Nov 2021 | HK$117.8b | HK$90.2b | HK$13.3b | 4.3x | 8.9x | 1.3x |
| Sun, 17 Oct 2021 | HK$119.6b | HK$88.0b | HK$12.8b | 4.8x | 9.3x | 1.4x |
| Tue, 14 Sep 2021 | HK$125.5b | HK$88.4b | HK$12.8b | 4.9x | 9.8x | 1.4x |
| Thu, 12 Aug 2021 | HK$122.4b | HK$88.4b | HK$12.8b | 5.3x | 9.6x | 1.4x |
Price to Earnings Ratio
9.6x
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 10.7x which is higher than its 3-year average PE of 9.5x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.86x.
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 4.4% 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 | -0.59% | |
| Utilities | 1.17% | |
| Water Utilities | -3.91% | |
| Water | -3.91% | |
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 | |
|---|---|---|---|---|---|
| 2281 Luzhou Xinglu Water (Group) | HK$0.64 | 1.6% +HK$8.6m | -5.9% | PE2.4x | |
| 6839 Yunnan Water Investment | HK$0.20 | 3.2% +HK$7.2m | -27.4% | PS0.07x | |
| 1853 Jilin Province Chuncheng Heating | HK$1.39 | 0.7% +HK$4.7m | -22.8% | PE5x |
