Shenzhen International Holdings (HKG:152) Seems To Be Using A Lot Of Debt
Oct 30
Hong Kong (HSI) Infrastructure Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies27
- 7D2.3%
- 3M-9.5%
- 1Y12.1%
- YTD-10.3%
Over the last 7 days, the Infrastructure industry has risen 2.3%, driven by gains from Qingdao Port International of 5.6%. This means that the industry has gained 12% over the past year. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Hong Kong Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$334.4b | HK$203.2b | HK$34.0b | 7.1x | 9.8x | 1.6x |
| Wed, 27 Sep 2023 | HK$348.2b | HK$203.6b | HK$33.9b | 6.5x | 10.3x | 1.7x |
| Fri, 25 Aug 2023 | HK$346.3b | HK$203.1b | HK$34.8b | 7.4x | 9.9x | 1.7x |
| Sun, 23 Jul 2023 | HK$361.0b | HK$203.2b | HK$34.1b | 7.2x | 10.6x | 1.8x |
| Tue, 20 Jun 2023 | HK$369.1b | HK$214.4b | HK$33.5b | 7.5x | 11x | 1.7x |
| Thu, 18 May 2023 | HK$399.8b | HK$217.2b | HK$34.1b | 8.5x | 11.7x | 1.8x |
| Sat, 15 Apr 2023 | HK$377.9b | HK$224.7b | HK$29.4b | 8.5x | 12.9x | 1.7x |
| Mon, 13 Mar 2023 | HK$372.0b | HK$223.4b | HK$37.4b | 6.5x | 9.9x | 1.7x |
| Wed, 08 Feb 2023 | HK$373.7b | HK$225.7b | HK$38.8b | 6.1x | 9.6x | 1.7x |
| Fri, 06 Jan 2023 | HK$375.3b | HK$223.6b | HK$38.4b | 6.2x | 9.8x | 1.7x |
| Sun, 04 Dec 2022 | HK$352.2b | HK$220.6b | HK$37.8b | 5.8x | 9.3x | 1.6x |
| Tue, 01 Nov 2022 | HK$301.1b | HK$218.6b | HK$36.9b | 4.8x | 8.2x | 1.4x |
| Thu, 29 Sep 2022 | HK$322.0b | HK$216.6b | HK$36.4b | 5.4x | 8.8x | 1.5x |
| Sat, 27 Aug 2022 | HK$354.8b | HK$222.2b | HK$39.9b | 5.9x | 8.9x | 1.6x |
| Mon, 25 Jul 2022 | HK$372.3b | HK$220.3b | HK$42.7b | 5.6x | 8.7x | 1.7x |
| Wed, 22 Jun 2022 | HK$380.3b | HK$221.7b | HK$42.9b | 6x | 8.9x | 1.7x |
| Fri, 20 May 2022 | HK$370.1b | HK$220.1b | HK$42.6b | 6.2x | 8.7x | 1.7x |
| Sun, 17 Apr 2022 | HK$398.6b | HK$226.2b | HK$45.5b | 5.7x | 8.8x | 1.8x |
| Tue, 15 Mar 2022 | HK$427.7b | HK$218.3b | HK$42.2b | 5.3x | 10.1x | 2x |
| Thu, 10 Feb 2022 | HK$423.1b | HK$214.5b | HK$42.0b | 5.9x | 10.1x | 2x |
| Sat, 08 Jan 2022 | HK$409.6b | HK$214.2b | HK$42.0b | 5.8x | 9.8x | 1.9x |
| Mon, 06 Dec 2021 | HK$399.1b | HK$214.2b | HK$42.0b | 5.7x | 9.5x | 1.9x |
| Wed, 03 Nov 2021 | HK$360.6b | HK$206.8b | HK$43.0b | 2.6x | 8.4x | 1.7x |
| Fri, 01 Oct 2021 | HK$398.4b | HK$202.8b | HK$43.2b | 5.5x | 9.2x | 2x |
| Sun, 29 Aug 2021 | HK$374.3b | HK$202.2b | HK$43.0b | 5.9x | 8.7x | 1.9x |
| Mon, 05 Jul 2021 | HK$391.7b | HK$202.2b | HK$43.0b | 6.1x | 9.1x | 1.9x |
| Thu, 08 Apr 2021 | HK$417.0b | HK$183.7b | HK$36.0b | 7.7x | 11.6x | 2.3x |
| Sun, 10 Jan 2021 | HK$374.1b | HK$167.1b | HK$28.5b | 8.6x | 13.1x | 2.2x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Infrastructure 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 10.3x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 7.4% per year over the last three years.
- Revenues for these companies have grown 8.8% 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 Industrials industry?
| HK Market | 0.88% | |
| Industrials | 2.98% | |
| Infrastructure | 2.28% | |
| Marine Ports and Services | 2.56% | |
| Highways and Railtracks | 2.30% | |
| Airport Services | -0.70% | |
Industry PE
- Investors are most optimistic about the Marine Ports and Services industry, which is trading close to its 3-year average PE ratio of 9.5x.
- Analysts are expecting annual earnings growth of 6.7%, which is lower than the prior year's growth of 8.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 102% over the next 5 years.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 6.7% 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 | |
|---|---|---|---|---|---|
| 6198 Qingdao Port International | HK$3.96 | 5.6% +HK$1.4b | 20.4% | PE4.9x | |
| 177 Jiangsu Expressway | HK$6.97 | 3.1% +HK$1.1b | 26.0% | PE7.1x | |
| 144 China Merchants Port Holdings | HK$9.91 | 2.6% +HK$1.0b | 7.7% | PE6.5x | |
| 576 Zhejiang Expressway | HK$5.86 | 2.8% +HK$694.9m | 20.3% | PE3.7x | |
| 152 Shenzhen International Holdings | HK$5.21 | 4.0% +HK$478.6m | -1.3% | PE16.9x |
