Here's Why We're Not At All Concerned With Hangzhou SF Intra-city Industrial's (HKG:9699) Cash Burn Situation
Oct 19
Hong Kong (HSI) Logistics Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies25
- 7D2.7%
- 3M-24.0%
- 1Y-10.6%
- YTD-31.2%
In the last week, the Logistics industry is up 2.7%, with JD Logistics up 7.2%. During this same period, the Sinotrans underperformed, falling 8.1%. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the Hong Kong Logistics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$120.0b | HK$393.0b | HK$4.3b | 7.1x | 28x | 0.3x |
| Wed, 27 Sep 2023 | HK$124.7b | HK$396.1b | HK$4.8b | 7x | 26.2x | 0.3x |
| Fri, 25 Aug 2023 | HK$133.8b | HK$415.3b | HK$5.3b | 8.1x | 25.2x | 0.3x |
| Sun, 23 Jul 2023 | HK$142.8b | HK$408.0b | HK$4.7b | 8x | 30.7x | 0.3x |
| Tue, 20 Jun 2023 | HK$152.2b | HK$399.0b | HK$4.2b | 7.3x | 36x | 0.4x |
| Thu, 18 May 2023 | HK$154.7b | HK$406.5b | HK$4.3b | 7.7x | 36.3x | 0.4x |
| Sat, 15 Apr 2023 | HK$158.6b | HK$422.4b | HK$4.3b | 7.5x | 36.5x | 0.4x |
| Mon, 13 Mar 2023 | HK$151.9b | HK$414.7b | HK$4.5b | 7.6x | 33.7x | 0.4x |
| Wed, 08 Feb 2023 | HK$176.5b | HK$405.7b | HK$4.8b | 8.4x | 36.7x | 0.4x |
| Fri, 06 Jan 2023 | HK$174.6b | HK$400.9b | HK$4.8b | 8.5x | 36.4x | 0.4x |
| Sun, 04 Dec 2022 | HK$156.2b | HK$393.7b | HK$4.8b | 7.4x | 32.7x | 0.4x |
| Tue, 01 Nov 2022 | HK$128.3b | HK$376.2b | HK$4.0b | 8.1x | 32.3x | 0.3x |
| Thu, 29 Sep 2022 | HK$153.3b | HK$391.0b | HK$3.6b | 9x | 42.1x | 0.4x |
| Sat, 27 Aug 2022 | HK$177.9b | HK$388.2b | HK$3.8b | 9.9x | 47x | 0.5x |
| Mon, 25 Jul 2022 | HK$177.4b | HK$395.0b | -HK$1,084,936,246.00 | 7.9x | -163.5x | 0.4x |
| Wed, 22 Jun 2022 | HK$177.6b | HK$397.7b | -HK$864,391,459.00 | 7.9x | -205.4x | 0.4x |
| Fri, 20 May 2022 | HK$159.6b | HK$394.9b | -HK$814,003,294.00 | 8.6x | -196x | 0.4x |
| Sun, 17 Apr 2022 | HK$187.9b | HK$405.6b | -HK$13,141,666,602.00 | 8.6x | -14.3x | 0.5x |
| Tue, 15 Mar 2022 | HK$182.9b | HK$383.6b | -HK$11,119,208,409.00 | 6.3x | -16.4x | 0.5x |
| Thu, 10 Feb 2022 | HK$232.9b | HK$363.4b | -HK$16,267,880,797.00 | 6.8x | -14.3x | 0.6x |
| Sat, 08 Jan 2022 | HK$231.2b | HK$362.9b | -HK$16,231,126,532.00 | 6.6x | -14.2x | 0.6x |
| Mon, 06 Dec 2021 | HK$231.9b | HK$357.0b | -HK$15,308,424,170.00 | 7.7x | -15.2x | 0.6x |
| Wed, 03 Nov 2021 | HK$254.6b | HK$355.3b | -HK$15,193,823,602.00 | n/a | -16.8x | 0.7x |
| Fri, 01 Oct 2021 | HK$283.3b | HK$337.1b | -HK$15,113,539,899.00 | 5.8x | -18.7x | 0.8x |
| Sun, 29 Aug 2021 | HK$281.5b | HK$335.9b | -HK$15,023,728,392.27 | 8.5x | -18.7x | 0.8x |
| Mon, 05 Jul 2021 | HK$355.2b | HK$335.9b | -HK$15,023,728,392.27 | 8.7x | -23.6x | 1.1x |
| Thu, 08 Apr 2021 | HK$85.6b | HK$205.2b | HK$7.5b | 10.3x | 11.4x | 0.4x |
| Sun, 10 Jan 2021 | HK$73.0b | HK$180.3b | HK$5.9b | 13.6x | 12.4x | 0.4x |
Price to Earnings Ratio
12.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Logistics 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 28.0x which is higher than its 3-year average PE of -5.9x.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- The earnings for companies in the Logistics industry have declined 7.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 32% 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 Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 0.88% | |
| Industrials | 2.98% | |
| Logistics | 2.74% | |
| Air Freight and Logistics | 2.74% | |
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 | |
|---|---|---|---|---|---|
| 2618 JD Logistics | HK$9.50 | 7.2% +HK$3.9b | -13.3% | PS0.3x | |
| 9699 Hangzhou SF Intra-city Industrial | HK$7.70 | 20.9% +HK$1.2b | 49.5% | PS0.6x | |
| 8047 China Ocean Group Development | HK$0.089 | 27.1% +HK$124.5m | n/a | PS2.5x | |
| 1442 Infinity Logistics and Transport Ventures | HK$0.96 | 6.7% +HK$123.8m | -16.5% | PE38.8x | |
| 3399 Guangdong Yueyun Transportation | HK$1.23 | 7.0% +HK$64.0m | 78.3% | PE18.6x |
