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Oct 27
Hong Kong (HSI) Construction Machinery and Vehicles Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies12
- 7D6.2%
- 3M-9.2%
- 1Y29.2%
- YTD3.6%
The Construction Machinery and Vehicles industry is up 6.2% in the last week, with Weichai Power up 10%. This means that the industry has gained 29% over the past year. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Hong Kong Construction Machinery and Vehicles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$304.8b | HK$388.0b | HK$19.7b | 13.5x | 15.5x | 0.8x |
| Wed, 27 Sep 2023 | HK$305.1b | HK$386.5b | HK$19.4b | 13.4x | 15.7x | 0.8x |
| Fri, 25 Aug 2023 | HK$296.6b | HK$360.9b | HK$17.4b | 13.9x | 17.1x | 0.8x |
| Sun, 23 Jul 2023 | HK$316.5b | HK$361.8b | HK$16.0b | 15.9x | 19.7x | 0.9x |
| Tue, 20 Jun 2023 | HK$310.6b | HK$363.2b | HK$16.1b | 16.3x | 19.3x | 0.9x |
| Thu, 18 May 2023 | HK$323.2b | HK$372.3b | HK$16.5b | 16.7x | 19.6x | 0.9x |
| Sat, 15 Apr 2023 | HK$309.3b | HK$366.3b | HK$14.6b | 16.1x | 21.1x | 0.8x |
| Mon, 13 Mar 2023 | HK$300.7b | HK$334.4b | HK$13.8b | 15.5x | 21.8x | 0.9x |
| Wed, 08 Feb 2023 | HK$305.2b | HK$339.5b | HK$13.8b | 15.2x | 22x | 0.9x |
| Fri, 06 Jan 2023 | HK$288.7b | HK$334.0b | HK$13.6b | 15.9x | 21.2x | 0.9x |
| Sun, 04 Dec 2022 | HK$280.3b | HK$325.8b | HK$13.3b | 15.5x | 21.1x | 0.9x |
| Tue, 01 Nov 2022 | HK$173.8b | HK$302.5b | HK$10.4b | 13.1x | 16.8x | 0.6x |
| Thu, 29 Sep 2022 | HK$179.1b | HK$299.2b | HK$11.0b | 14.4x | 16.3x | 0.6x |
| Sat, 27 Aug 2022 | HK$212.9b | HK$383.5b | HK$17.0b | 15.4x | 12.5x | 0.6x |
| Mon, 25 Jul 2022 | HK$226.6b | HK$394.5b | HK$17.6b | 15x | 12.9x | 0.6x |
| Wed, 22 Jun 2022 | HK$232.2b | HK$398.1b | HK$17.7b | 14.2x | 13.1x | 0.6x |
| Fri, 20 May 2022 | HK$240.1b | HK$429.0b | HK$20.0b | 13.1x | 12x | 0.6x |
| Sun, 17 Apr 2022 | HK$272.8b | HK$492.6b | HK$24.2b | 13.9x | 11.3x | 0.6x |
| Tue, 15 Mar 2022 | HK$271.6b | HK$538.0b | HK$30.0b | 14.4x | 9x | 0.5x |
| Thu, 10 Feb 2022 | HK$309.0b | HK$534.0b | HK$29.4b | 16x | 10.5x | 0.6x |
| Sat, 08 Jan 2022 | HK$330.4b | HK$533.1b | HK$29.4b | 15.1x | 11.2x | 0.6x |
| Mon, 06 Dec 2021 | HK$328.3b | HK$533.2b | HK$29.4b | 14.1x | 11.2x | 0.6x |
| Wed, 03 Nov 2021 | HK$282.5b | HK$530.6b | HK$29.3b | 14x | 9.7x | 0.5x |
| Fri, 01 Oct 2021 | HK$321.0b | HK$544.8b | HK$30.1b | 14.4x | 10.7x | 0.6x |
| Sun, 29 Aug 2021 | HK$366.0b | HK$542.4b | HK$30.0b | 15.9x | 12.2x | 0.7x |
| Mon, 05 Jul 2021 | HK$329.8b | HK$542.4b | HK$30.0b | 15.4x | 11x | 0.6x |
| Thu, 08 Apr 2021 | HK$350.0b | HK$507.5b | HK$28.6b | 14x | 12.2x | 0.7x |
| Sun, 10 Jan 2021 | HK$296.8b | HK$455.6b | HK$30.1b | 13x | 9.9x | 0.7x |
Price to Earnings Ratio
10.2x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Construction Machinery and Heavy Trucks 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 14.4x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have declined 10% per year over the last three years,
- Revenues have also declined 2.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Construction Machinery and Vehicles compare with similar industries?
| HK Market | 0.88% | |
| Industrials | 2.98% | |
| Machinery | 5.38% | |
| Construction Machinery and Vehicles | 6.15% | |
| Agricultural Machinery | 5.21% | |
| Industrial Machinery | 4.34% | |
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 | |
|---|---|---|---|---|---|
| 2338 Weichai Power | HK$11.94 | 11.8% +HK$10.9b | 58.8% | PE15x | |
| 3808 Sinotruk (Hong Kong) | HK$15.20 | 12.6% +HK$4.7b | 117.1% | PE13.6x | |
| 3898 Zhuzhou CRRC Times Electric | HK$25.90 | 6.8% +HK$2.3b | -23.9% | PE11.3x | |
| 1301 D&G Technology Holding | HK$1.03 | 2.0% +HK$12.8m | -3.7% | PS2.3x | |
| 1536 Yuk Wing Group Holdings | HK$0.13 | 7.5% +HK$3.4m | -14.6% | PS0.3x |
