Hong Kong (HSI) Auto Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Auto Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 30 Oct 2023	HK$1.3t	HK$1.4t	HK$58.5b	16.3x	22x	0.9x
Wed, 27 Sep 2023	HK$1.2t	HK$1.4t	HK$58.3b	16.7x	21.4x	0.9x
Fri, 25 Aug 2023	HK$1.2t	HK$1.3t	HK$62.0b	10.7x	19.9x	0.9x
Sun, 23 Jul 2023	HK$1.4t	HK$1.3t	HK$61.9b	10.9x	22.1x	1x
Tue, 20 Jun 2023	HK$1.4t	HK$1.3t	HK$61.8b	10.4x	22.6x	1.1x
Thu, 18 May 2023	HK$1.4t	HK$1.3t	HK$63.4b	10.6x	21.6x	1x
Sat, 15 Apr 2023	HK$1.4t	HK$1.3t	HK$64.6b	7.2x	21x	1x
Mon, 13 Mar 2023	HK$1.3t	HK$1.2t	HK$53.1b	8.2x	24.6x	1.1x
Wed, 08 Feb 2023	HK$1.5t	HK$2.6t	HK$140.1b	5x	10.9x	0.6x
Fri, 06 Jan 2023	HK$1.4t	HK$1.2t	HK$55.0b	7.9x	25.5x	1.2x
Sun, 04 Dec 2022	HK$1.4t	HK$1.1t	HK$53.6b	8.7x	25.3x	1.2x
Tue, 01 Nov 2022	HK$1.2t	HK$1.1t	HK$53.0b	7.1x	22.7x	1.1x
Thu, 29 Sep 2022	HK$1.3t	HK$988.0b	HK$43.7b	10.2x	29.6x	1.3x
Sat, 27 Aug 2022	HK$1.7t	HK$1.0t	HK$44.2b	11.4x	37.4x	1.6x
Mon, 25 Jul 2022	HK$1.7t	HK$1.0t	HK$45.8b	12.1x	38x	1.7x
Wed, 22 Jun 2022	HK$1.8t	HK$1.0t	HK$45.8b	13.6x	39.6x	1.8x
Fri, 20 May 2022	HK$1.6t	HK$1.0t	HK$45.4b	12.1x	34.4x	1.5x
Sun, 17 Apr 2022	HK$1.4t	HK$1.0t	HK$46.9b	10.9x	29.4x	1.3x
Tue, 15 Mar 2022	HK$1.3t	HK$1.0t	HK$52.0b	9.7x	24.2x	1.2x
Thu, 10 Feb 2022	HK$1.6t	HK$1.0t	HK$51.5b	15.9x	31.7x	1.6x
Sat, 08 Jan 2022	HK$1.7t	HK$1.0t	HK$51.5b	17.2x	33.2x	1.7x
Mon, 06 Dec 2021	HK$2.1t	HK$1.0t	HK$51.5b	19.7x	40.1x	2x
Wed, 03 Nov 2021	HK$1.7t	HK$1.0t	HK$51.2b	135.9x	32.9x	1.7x
Fri, 01 Oct 2021	HK$1.8t	HK$1.0t	HK$54.6b	18x	32.5x	1.8x
Sun, 29 Aug 2021	HK$2.1t	HK$1.0t	HK$62.6b	18.4x	33.2x	2.1x
Mon, 05 Jul 2021	HK$1.7t	HK$1.0t	HK$62.6b	14x	27.7x	1.7x
Thu, 08 Apr 2021	HK$1.3t	HK$957.1b	HK$59.6b	11.1x	21.6x	1.3x
Sun, 10 Jan 2021	HK$1.5t	HK$864.9b	HK$49.2b	19.9x	31.5x	1.8x

Current Industry PE

Investors are pessimistic on the Hong Kong Auto industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 22.0x which is lower than its 3-year average PE of 28.6x.

The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.91x.

Past Earnings Growth

The earnings for companies in the Auto industry have grown 9.2% per year over the last three years.
Revenues for these companies have grown 22% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?

Industry PE

Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 28.7x.

Analysts are expecting annual earnings growth of 20.3%, which is higher than its past year's earnings growth of 2.3% per year.

Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 29.0x.

Forecasted Growth

Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 21% over the next 5 years.
However this is lower than its past earnings growth rate of 46% per year.

In contrast, the Automobile Manufacturers industry is expected to see its earnings grow by 20% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
2333 Great Wall Motor	HK$11.58	15.6% +HK$13.2b	35.1%	PE18x
1211 BYD	HK$246.20	0.7% +HK$5.2b	40.1%	PE27.9x
175 Geely Automobile Holdings	HK$9.00	2.7% +HK$2.4b	6.6%	PE16.5x
489 Dongfeng Motor Group	HK$3.48	6.7% +HK$1.8b	-2.0%	PE4.5x
2238 Guangzhou Automobile Group	HK$3.74	1.9% +HK$735.3m	-21.8%	PE8.1x

Oct 26

Industry Valuation and Performance