Wuling Motors Holdings (HKG:305) Could Be Struggling To Allocate Capital
Oct 24
Hong Kong (HSI) Auto Parts and Equipment Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies23
- 7D-0.2%
- 3M-13.5%
- 1Y2.1%
- YTD-8.5%
Last week, the Auto Parts and Equipment industry hasn't moved much but New Focus Auto Tech Holdings is up 6.9% in that time. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Hong Kong Auto Parts and Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$113.2b | HK$271.9b | HK$8.4b | 10.5x | 13.5x | 0.4x |
| Wed, 27 Sep 2023 | HK$117.3b | HK$272.1b | HK$8.4b | 10.8x | 14x | 0.4x |
| Fri, 25 Aug 2023 | HK$115.2b | HK$254.5b | HK$8.5b | 12.2x | 13.5x | 0.5x |
| Sun, 23 Jul 2023 | HK$123.6b | HK$249.2b | HK$7.7b | 13.3x | 16.1x | 0.5x |
| Tue, 20 Jun 2023 | HK$115.2b | HK$249.9b | HK$7.7b | 13.8x | 14.9x | 0.5x |
| Thu, 18 May 2023 | HK$121.6b | HK$253.9b | HK$7.5b | 11.5x | 16.2x | 0.5x |
| Sat, 15 Apr 2023 | HK$121.4b | HK$258.6b | HK$7.6b | 12.8x | 16x | 0.5x |
| Mon, 13 Mar 2023 | HK$116.9b | HK$241.4b | HK$4.7b | 10.5x | 25x | 0.5x |
| Wed, 08 Feb 2023 | HK$138.1b | HK$244.6b | HK$4.7b | 11.4x | 29.2x | 0.6x |
| Fri, 06 Jan 2023 | HK$124.1b | HK$241.2b | HK$4.7b | 12.3x | 26.6x | 0.5x |
| Sun, 04 Dec 2022 | HK$118.8b | HK$236.1b | HK$4.5b | 12.8x | 26.2x | 0.5x |
| Tue, 01 Nov 2022 | HK$105.0b | HK$231.5b | HK$4.7b | 11.1x | 22.1x | 0.5x |
| Thu, 29 Sep 2022 | HK$76.1b | HK$222.7b | HK$4.6b | 13.3x | 16.4x | 0.3x |
| Sat, 27 Aug 2022 | HK$93.9b | HK$235.9b | HK$5.1b | 19.3x | 18.5x | 0.4x |
| Mon, 25 Jul 2022 | HK$95.3b | HK$238.9b | HK$6.3b | 14.2x | 15.1x | 0.4x |
| Wed, 22 Jun 2022 | HK$85.2b | HK$240.6b | HK$6.3b | 12.6x | 13.5x | 0.4x |
| Fri, 20 May 2022 | HK$76.3b | HK$238.9b | HK$6.3b | 12x | 12.1x | 0.3x |
| Sun, 17 Apr 2022 | HK$75.2b | HK$250.1b | HK$7.0b | 11.4x | 10.7x | 0.3x |
| Tue, 15 Mar 2022 | HK$77.9b | HK$234.8b | HK$8.8b | 17.2x | 8.8x | 0.3x |
| Thu, 10 Feb 2022 | HK$117.9b | HK$233.1b | HK$8.7b | 18.2x | 13.5x | 0.5x |
| Sat, 08 Jan 2022 | HK$120.6b | HK$232.8b | HK$8.7b | 16.8x | 13.8x | 0.5x |
| Mon, 06 Dec 2021 | HK$126.7b | HK$232.8b | HK$8.7b | 18x | 14.5x | 0.5x |
| Wed, 03 Nov 2021 | HK$118.4b | HK$229.2b | HK$8.8b | n/a | 13.5x | 0.5x |
| Fri, 01 Oct 2021 | HK$107.4b | HK$228.0b | HK$8.7b | 13.3x | 12.3x | 0.5x |
| Sun, 29 Aug 2021 | HK$127.9b | HK$227.2b | HK$8.7b | 16.5x | 14.7x | 0.6x |
| Mon, 05 Jul 2021 | HK$135.1b | HK$227.2b | HK$8.7b | 18.5x | 15.5x | 0.6x |
| Thu, 08 Apr 2021 | HK$128.5b | HK$210.6b | HK$7.5b | 17.6x | 17.1x | 0.6x |
| Sun, 10 Jan 2021 | HK$136.5b | HK$194.9b | HK$3.4b | 18.8x | 39.9x | 0.7x |
Price to Earnings Ratio
-63.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Auto Parts and Equipment 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 13.8x.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- Total earnings for the Auto Parts and Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 15% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Hong Kong Auto Parts and Equipment compare with similar industries?
| HK Market | 0.88% | |
| Consumer Discretionary | 1.26% | |
| Auto Components | -0.13% | |
| Auto Parts and Equipment | -0.21% | |
| Tires and Rubber | 1.41% | |
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 | |
|---|---|---|---|---|---|
| 360 New Focus Auto Tech Holdings | HK$0.25 | 6.9% +HK$275.5m | 427.7% | PS6.7x | |
| 1571 Xin Point Holdings | HK$2.92 | 7.7% +HK$210.6m | 41.1% | PE5.2x | |
| 1760 Intron Technology Holdings | HK$2.95 | 5.0% +HK$152.3m | -9.5% | PE7.2x | |
| 1316 Nexteer Automotive Group | HK$3.77 | 1.3% +HK$125.5m | -11.3% | PE11.7x | |
| 1372 China Carbon Neutral Development Group | HK$0.68 | 21.4% +HK$114.3m | -72.8% | PS0.5x |
