Is TCL Electronics Holdings (HKG:1070) Weighed On By Its Debt Load?
Oct 27
Hong Kong (HSI) Consumer Electronics Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies10
- 7D0.03%
- 3M-22.7%
- 1Y-2.8%
- YTD-15.9%
The Consumer Electronics industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Hong Kong Consumer Electronics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$16.7b | HK$143.0b | HK$921.6m | 11x | 18.1x | 0.1x |
| Wed, 27 Sep 2023 | HK$17.4b | HK$143.1b | HK$922.6m | 10.5x | 18.8x | 0.1x |
| Fri, 25 Aug 2023 | HK$20.9b | HK$133.9b | HK$973.6m | 11.7x | 21.5x | 0.2x |
| Sun, 23 Jul 2023 | HK$24.9b | HK$149.5b | HK$1.1b | 12.1x | 21.7x | 0.2x |
| Tue, 20 Jun 2023 | HK$25.2b | HK$149.9b | HK$1.1b | 10.2x | 22.6x | 0.2x |
| Thu, 18 May 2023 | HK$26.5b | HK$151.7b | HK$1.1b | 11.4x | 23.1x | 0.2x |
| Sat, 15 Apr 2023 | HK$27.0b | HK$153.6b | HK$1.1b | 10.8x | 24x | 0.2x |
| Mon, 13 Mar 2023 | HK$27.1b | HK$156.2b | HK$2.1b | 8.9x | 12.8x | 0.2x |
| Wed, 08 Feb 2023 | HK$30.8b | HK$159.8b | HK$2.1b | 9.8x | 14.7x | 0.2x |
| Fri, 06 Jan 2023 | HK$27.3b | HK$158.4b | HK$2.1b | 8.9x | 13.2x | 0.2x |
| Sun, 04 Dec 2022 | HK$23.8b | HK$156.5b | HK$2.0b | 8.6x | 11.8x | 0.2x |
| Tue, 01 Nov 2022 | HK$21.2b | HK$154.8b | HK$2.0b | 6.7x | 10.4x | 0.1x |
| Thu, 29 Sep 2022 | HK$21.8b | HK$154.8b | HK$2.3b | 7.2x | 9.7x | 0.1x |
| Sat, 27 Aug 2022 | HK$27.4b | HK$157.0b | HK$2.5b | 8.4x | 11x | 0.2x |
| Mon, 25 Jul 2022 | HK$27.2b | HK$161.9b | HK$3.8b | 7.8x | 7.2x | 0.2x |
| Wed, 22 Jun 2022 | HK$27.9b | HK$164.0b | HK$3.5b | 7.1x | 8.1x | 0.2x |
| Fri, 20 May 2022 | HK$28.6b | HK$163.2b | HK$3.5b | 6.9x | 8.2x | 0.2x |
| Sun, 17 Apr 2022 | HK$27.7b | HK$168.0b | HK$3.7b | 6.8x | 7.5x | 0.2x |
| Tue, 15 Mar 2022 | HK$26.8b | HK$165.0b | HK$4.1b | 6.1x | 6.5x | 0.2x |
| Thu, 10 Feb 2022 | HK$34.9b | HK$158.1b | HK$5.3b | 7.6x | 6.5x | 0.2x |
| Sat, 08 Jan 2022 | HK$37.4b | HK$158.0b | HK$5.3b | 8.6x | 7x | 0.2x |
| Mon, 06 Dec 2021 | HK$41.5b | HK$158.0b | HK$5.3b | 10.8x | 7.8x | 0.3x |
| Wed, 03 Nov 2021 | HK$39.5b | HK$157.9b | HK$5.3b | n/a | 7.4x | 0.2x |
| Fri, 01 Oct 2021 | HK$32.7b | HK$154.5b | HK$5.1b | 17x | 6.5x | 0.2x |
| Sun, 29 Aug 2021 | HK$35.5b | HK$154.1b | HK$5.1b | 17.8x | 7x | 0.2x |
| Mon, 05 Jul 2021 | HK$40.0b | HK$154.1b | HK$5.1b | 19.2x | 7.9x | 0.3x |
| Thu, 08 Apr 2021 | HK$44.6b | HK$139.6b | HK$4.7b | 14.9x | 9.6x | 0.3x |
| Sun, 10 Jan 2021 | HK$38.4b | HK$125.9b | HK$4.0b | 15x | 9.5x | 0.3x |
Price to Earnings Ratio
11.1x
Current Industry PE
- Investors are optimistic on the Hong Kong Consumer Electronics industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.1x which is higher than its 3-year average PE of 11.8x.
- The industry is trading close to its 3-year average PS ratio of 0.21x.
Past Earnings Growth
- The earnings for companies in the Consumer Electronics industry have declined 31% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Hong Kong Consumer Electronics compare with similar industries?
| HK Market | 0.88% | |
| Consumer Discretionary | 1.26% | |
| Consumer Durables | -1.04% | |
| Consumer Electronics | 0.035% | |
| Home Furnishings | 0.63% | |
| Homebuilding | -0.012% | |
| Housewares and Specialties | -0.48% | |
| Household Appliances | -3.71% | |
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 | |
|---|---|---|---|---|---|
| 751 Skyworth Group | HK$2.97 | 2.4% +HK$168.5m | 3.1% | PE8.8x | |
| 3882 Sky Light Holdings | HK$1.20 | 5.3% +HK$60.5m | 55.8% | PS4.1x | |
| 328 Alco Holdings | HK$2.10 | 34.6% +HK$43.0m | 16.7% | PS1.9x | |
| 927 Fujikon Industrial Holdings | HK$0.78 | 9.9% +HK$29.8m | 11.4% | PE13.5x | |
| 2358 Jiu Rong Holdings | HK$0.019 | 5.6% +HK$5.5m | -77.1% | PS0.1x |
