Hong Kong (HSI) Water Utilities Industry Analysis

UpdatedJul 04, 2024

DataAggregated Company Financials

Companies12

7D-0.9%
3M27.7%
1Y-13.9%
YTD-0.8%

Over the last 7 days, the Water Utilities industry has dropped 3.9%, driven by a pullback from China Water Affairs Group of 11%. The industry has fallen 17% in the last year. Looking forward, earnings are forecast to grow by 9.5% 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
Thu, 04 Jul 2024	HK$66.8b	HK$77.1b	HK$6.2b	5x	10.7x	0.9x
Sat, 01 Jun 2024	HK$67.6b	HK$78.7b	HK$6.4b	5.4x	10.6x	0.9x
Mon, 29 Apr 2024	HK$57.0b	HK$78.8b	HK$6.4b	4.7x	8.9x	0.7x
Wed, 27 Mar 2024	HK$55.0b	HK$79.9b	HK$6.8b	4.5x	8.1x	0.7x
Fri, 23 Feb 2024	HK$63.1b	HK$77.6b	HK$7.5b	4.6x	8.4x	0.8x
Sun, 21 Jan 2024	HK$67.0b	HK$77.7b	HK$7.5b	3.9x	8.9x	0.9x
Tue, 19 Dec 2023	HK$62.5b	HK$77.7b	HK$7.5b	3.9x	8.3x	0.8x
Thu, 16 Nov 2023	HK$66.6b	HK$77.5b	HK$7.7b	4.5x	8.7x	0.9x
Sat, 14 Oct 2023	HK$66.5b	HK$78.2b	HK$8.1b	4.5x	8.2x	0.9x
Mon, 11 Sep 2023	HK$72.7b	HK$79.8b	HK$8.3b	5.1x	8.8x	0.9x
Wed, 09 Aug 2023	HK$75.6b	HK$78.8b	HK$7.5b	7.1x	10.1x	1x
Fri, 07 Jul 2023	HK$77.0b	HK$77.2b	HK$7.4b	5.9x	10.4x	1x
Sun, 04 Jun 2023	HK$81.4b	HK$76.7b	HK$7.4b	6.1x	11x	1.1x
Tue, 02 May 2023	HK$85.2b	HK$77.0b	HK$7.4b	6.3x	11.5x	1.1x
Thu, 30 Mar 2023	HK$86.1b	HK$80.5b	HK$8.6b	5.7x	10x	1.1x
Sat, 25 Feb 2023	HK$92.6b	HK$80.6b	HK$8.7b	6.3x	10.7x	1.1x
Mon, 23 Jan 2023	HK$97.3b	HK$81.0b	HK$8.7b	6.1x	11.2x	1.2x
Wed, 21 Dec 2022	HK$88.3b	HK$80.5b	HK$8.7b	5.7x	10.2x	1.1x
Fri, 18 Nov 2022	HK$84.7b	HK$80.0b	HK$8.7b	5.5x	9.7x	1.1x
Sun, 16 Oct 2022	HK$72.5b	HK$82.4b	HK$9.0b	5.6x	8.1x	0.9x
Tue, 13 Sep 2022	HK$85.5b	HK$83.0b	HK$8.9b	6.2x	9.6x	1x
Thu, 11 Aug 2022	HK$88.5b	HK$87.6b	HK$11.0b	5.4x	8x	1x
Sat, 09 Jul 2022	HK$99.2b	HK$87.7b	HK$11.1b	5.4x	9x	1.1x
Mon, 06 Jun 2022	HK$110.8b	HK$86.6b	HK$11.0b	5.6x	10x	1.3x
Wed, 04 May 2022	HK$114.0b	HK$86.7b	HK$11.0b	5.8x	10.3x	1.3x
Fri, 01 Apr 2022	HK$116.3b	HK$93.2b	HK$13.5b	4.1x	8.6x	1.2x
Sun, 27 Feb 2022	HK$123.0b	HK$91.8b	HK$13.5b	4.2x	9.1x	1.3x
Tue, 25 Jan 2022	HK$123.3b	HK$91.6b	HK$13.5b	4.4x	9.1x	1.3x
Thu, 23 Dec 2021	HK$116.5b	HK$91.6b	HK$13.5b	4.3x	8.6x	1.3x
Sat, 20 Nov 2021	HK$117.8b	HK$90.2b	HK$13.3b	4.3x	8.9x	1.3x
Mon, 18 Oct 2021	HK$119.6b	HK$88.0b	HK$12.8b	4.8x	9.3x	1.4x
Wed, 15 Sep 2021	HK$125.5b	HK$88.4b	HK$12.8b	4.8x	9.8x	1.4x
Fri, 13 Aug 2021	HK$122.4b	HK$88.4b	HK$12.8b	5.4x	9.6x	1.4x

Price to Earnings Ratio

9.3x

Mon, 02 Aug 2021

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 10.6x 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 0.85x.

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	0.03%
Utilities	2.97%
Water Utilities	-0.94%
Water	-0.94%

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$4.46	3.5% +HK$980.7m	-33.1%	PE9.4x
371 Beijing Enterprises Water Group	HK$2.41	2.6% +HK$602.8m	31.0%	PE12.4x
1026 Universal Technologies Holdings	HK$0.13	16.1% +HK$99.2m	-7.1%	PS2.2x
2281 Luzhou Xinglu Water (Group)	HK$0.66	3.1% +HK$17.2m	-4.3%	PE2.5x
3768 Kunming Dianchi Water Treatment	HK$0.67	1.5% +HK$10.3m	-19.3%	PE2x

Latest News

2281

HK$0.66

Luzhou Xinglu Water (Group)

3.1%

-4.3%

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Jul 03

855

HK$5.14

China Water Affairs Group

-0.6%

-11.5%

Need To Know: Analysts Just Made A Substantial Cut To Their China Water Affairs Group Limited (HKG:855) Estimates

Jul 03

6839

HK$0.20

Yunnan Water Investment

-2.0%

-24.6%

1129

HK$0.13

China Water Industry Group

-0.8%

-11.7%

371

HK$2.41

Beijing Enterprises Water Group

2.6%

31.0%

Beijing Enterprises Water Group (HKG:371) Seems To Be Using A Lot Of Debt

Jun 25

1853

HK$1.40

Jilin Province Chuncheng Heating

1.4%

-22.2%

1026

HK$0.13

Universal Technologies Holdings

16.1%

-7.1%

There's Reason For Concern Over Universal Technologies Holdings Limited's (HKG:1026) Massive 28% Price Jump

Jun 20

270

HK$4.46

Guangdong Investment

3.5%

-33.1%

1395

HK$0.12

ELL Environmental Holdings

-0.8%

-32.6%

ELL Environmental Holdings Limited (HKG:1395) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jun 13

3768

HK$0.67

Kunming Dianchi Water Treatment

1.5%

-19.3%

Is Kunming Dianchi Water Treatment (HKG:3768) A Risky Investment?

Jun 10

6136

HK$0.23

Kangda International Environmental

0.9%

-40.3%

Here's Why Shareholders Should Examine Kangda International Environmental Company Limited's (HKG:6136) CEO Compensation Package More Closely

May 29