Leoch International Technology (HKG:842) Might Have The Makings Of A Multi-Bagger
Sep 20
Hong Kong (HSI) Electrical Components Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies24
- 7D1.2%
- 3M-6.1%
- 1Y4.0%
- YTD-1.4%
In the last week, the Electrical Components industry is up 1.2%, with Sanergy Group leading the way, up 6.1%. During this same period, the Time Interconnect Technology underperformed, falling 11%. In the last 12 months, the industry was up 4.0%. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Hong Kong Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$23.2b | HK$65.8b | HK$1.0b | 9.5x | 22.5x | 0.4x |
| Wed, 27 Sep 2023 | HK$23.9b | HK$65.9b | HK$1.1b | 10.9x | 22.3x | 0.4x |
| Fri, 25 Aug 2023 | HK$23.4b | HK$67.9b | HK$1.2b | 10.4x | 19.6x | 0.3x |
| Sun, 23 Jul 2023 | HK$24.6b | HK$68.5b | HK$1.1b | 9.6x | 21.7x | 0.4x |
| Tue, 20 Jun 2023 | HK$26.3b | HK$67.7b | HK$1.1b | 9.5x | 24.2x | 0.4x |
| Thu, 18 May 2023 | HK$26.5b | HK$68.7b | HK$1.1b | 9.3x | 23.9x | 0.4x |
| Sat, 15 Apr 2023 | HK$29.2b | HK$69.8b | HK$1.1b | 9.3x | 26.8x | 0.4x |
| Mon, 13 Mar 2023 | HK$29.0b | HK$70.7b | HK$45.9m | 10.4x | 630.5x | 0.4x |
| Wed, 08 Feb 2023 | HK$30.0b | HK$71.6b | HK$95.1m | 11.5x | 315.6x | 0.4x |
| Fri, 06 Jan 2023 | HK$22.2b | HK$69.7b | HK$14.6m | 8.9x | 1521.3x | 0.3x |
| Sun, 04 Dec 2022 | HK$20.9b | HK$68.4b | HK$25.1m | 8.6x | 832x | 0.3x |
| Tue, 01 Nov 2022 | HK$95.3b | HK$84.3b | HK$2.6b | 9.3x | 36.5x | 1.1x |
| Thu, 29 Sep 2022 | HK$90.3b | HK$84.0b | HK$2.8b | 10x | 32.4x | 1.1x |
| Sat, 27 Aug 2022 | HK$87.1b | HK$85.7b | HK$2.7b | 13.3x | 32.3x | 1x |
| Mon, 25 Jul 2022 | HK$86.1b | HK$86.6b | HK$2.8b | 10.2x | 30.6x | 1x |
| Wed, 22 Jun 2022 | HK$81.8b | HK$87.0b | HK$2.8b | 10.9x | 28.8x | 0.9x |
| Fri, 20 May 2022 | HK$78.3b | HK$86.3b | HK$2.8b | 11.6x | 27.5x | 0.9x |
| Sun, 17 Apr 2022 | HK$82.0b | HK$90.1b | HK$3.1b | 11.5x | 26.3x | 0.9x |
| Tue, 15 Mar 2022 | HK$106.6b | HK$85.7b | HK$5.4b | 5.1x | 19.8x | 1.2x |
| Thu, 10 Feb 2022 | HK$111.8b | HK$84.3b | HK$5.5b | 6.3x | 20.3x | 1.3x |
| Sat, 08 Jan 2022 | HK$118.3b | HK$84.2b | HK$5.5b | 6.1x | 21.5x | 1.4x |
| Mon, 06 Dec 2021 | HK$141.5b | HK$84.2b | HK$5.5b | 4.7x | 25.7x | 1.7x |
| Wed, 03 Nov 2021 | HK$111.6b | HK$83.2b | HK$5.4b | n/a | 20.6x | 1.3x |
| Fri, 01 Oct 2021 | HK$99.4b | HK$84.1b | HK$5.8b | 6.3x | 17x | 1.2x |
| Sun, 29 Aug 2021 | HK$98.5b | HK$85.4b | HK$5.4b | 7.5x | 18.2x | 1.2x |
| Mon, 05 Jul 2021 | HK$77.4b | HK$85.4b | HK$5.4b | 7.2x | 14.3x | 0.9x |
| Thu, 08 Apr 2021 | HK$56.8b | HK$80.6b | HK$5.3b | 8.9x | 10.7x | 0.7x |
| Sun, 10 Jan 2021 | HK$59.9b | HK$75.4b | HK$5.0b | 11x | 11.9x | 0.8x |
Price to Earnings Ratio
10.8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Electrical Components and Equipment 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 22.5x which is lower than its 3-year average PE of 117x.
- The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have declined 37% per year over the last three years,
- Revenues have also declined 2.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Electrical Components compare with similar industries?
| HK Market | 0.88% | |
| Industrials | 2.98% | |
| Electrical | 2.27% | |
| Electrical Components | 1.18% | |
| Heavy Electrical Equipment | 2.47% | |
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 | |
|---|---|---|---|---|---|
| 2459 Sanergy Group | HK$4.71 | 6.8% +HK$300.0m | n/a | PS6.1x | |
| 8137 Honbridge Holdings | HK$0.37 | 7.2% +HK$243.4m | 29.8% | PS15.2x | |
| 1729 Time Interconnect Technology | HK$1.28 | 8.5% +HK$194.6m | 7.6% | PE11.6x | |
| 842 Leoch International Technology | HK$1.36 | 3.0% +HK$54.6m | 130.5% | PE3x | |
| 580 Sun.King Technology Group | HK$1.49 | 1.4% +HK$31.9m | 7.2% | PE90.4x |
