Earnings Update: Qingdao Port International Co., Ltd. (HKG:6198) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Oct 30
Hong Kong (HSI) Marine Ports and Services Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies14
- 7D2.6%
- 3M-6.4%
- 1Y15.4%
- YTD-4.6%
The Marine Ports and Services industry is up 2.6% in the last week, with Qingdao Port International up 5.6%. In the last 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 6.7% per annum.
Industry Valuation and Performance
Has the Hong Kong Marine Ports and Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$164.6b | HK$110.7b | HK$18.0b | 6.5x | 9.2x | 1.5x |
| Wed, 27 Sep 2023 | HK$169.9b | HK$111.0b | HK$17.9b | 6.5x | 9.5x | 1.5x |
| Fri, 25 Aug 2023 | HK$165.7b | HK$113.4b | HK$19.1b | 6.9x | 8.7x | 1.5x |
| Sun, 23 Jul 2023 | HK$174.1b | HK$113.9b | HK$19.0b | 8.5x | 9.2x | 1.5x |
| Tue, 20 Jun 2023 | HK$178.7b | HK$124.8b | HK$18.4b | 8.7x | 9.7x | 1.4x |
| Thu, 18 May 2023 | HK$194.9b | HK$125.9b | HK$18.6b | 9.6x | 10.5x | 1.5x |
| Sat, 15 Apr 2023 | HK$180.7b | HK$133.4b | HK$14.8b | 10.7x | 12.2x | 1.4x |
| Mon, 13 Mar 2023 | HK$176.1b | HK$128.2b | HK$20.0b | 6x | 8.8x | 1.4x |
| Wed, 08 Feb 2023 | HK$176.1b | HK$129.0b | HK$20.1b | 6.1x | 8.8x | 1.4x |
| Fri, 06 Jan 2023 | HK$179.2b | HK$128.2b | HK$19.9b | 6.7x | 9x | 1.4x |
| Sun, 04 Dec 2022 | HK$172.7b | HK$127.1b | HK$19.7b | 6.3x | 8.8x | 1.4x |
| Tue, 01 Nov 2022 | HK$149.8b | HK$126.1b | HK$18.7b | 4.6x | 8x | 1.2x |
| Thu, 29 Sep 2022 | HK$159.2b | HK$125.4b | HK$18.6b | 5.4x | 8.6x | 1.3x |
| Sat, 27 Aug 2022 | HK$174.7b | HK$127.3b | HK$19.0b | 6.2x | 9.2x | 1.4x |
| Mon, 25 Jul 2022 | HK$182.4b | HK$123.0b | HK$20.1b | 6.9x | 9.1x | 1.5x |
| Wed, 22 Jun 2022 | HK$185.2b | HK$123.6b | HK$20.2b | 6.9x | 9.2x | 1.5x |
| Fri, 20 May 2022 | HK$182.3b | HK$123.0b | HK$20.1b | 6.5x | 9.1x | 1.5x |
| Sun, 17 Apr 2022 | HK$190.1b | HK$124.9b | HK$20.9b | 6.4x | 9.1x | 1.5x |
| Tue, 15 Mar 2022 | HK$184.0b | HK$114.8b | HK$18.9b | 5.6x | 9.7x | 1.6x |
| Thu, 10 Feb 2022 | HK$200.3b | HK$114.2b | HK$18.8b | 6.5x | 10.7x | 1.8x |
| Sat, 08 Jan 2022 | HK$196.3b | HK$114.1b | HK$18.8b | 6.2x | 10.4x | 1.7x |
| Mon, 06 Dec 2021 | HK$194.2b | HK$114.1b | HK$18.8b | 6.1x | 10.3x | 1.7x |
| Wed, 03 Nov 2021 | HK$178.6b | HK$107.1b | HK$19.7b | 1.8x | 9x | 1.7x |
| Fri, 01 Oct 2021 | HK$187.9b | HK$105.7b | HK$19.9b | 5.5x | 9.4x | 1.8x |
| Sun, 29 Aug 2021 | HK$173.6b | HK$105.4b | HK$19.9b | 7.2x | 8.7x | 1.6x |
| Mon, 05 Jul 2021 | HK$176.3b | HK$105.4b | HK$19.9b | 7.2x | 8.9x | 1.7x |
| Thu, 08 Apr 2021 | HK$184.6b | HK$97.4b | HK$17.8b | 7.8x | 10.4x | 1.9x |
| Sun, 10 Jan 2021 | HK$151.5b | HK$90.1b | HK$15.5b | 8.5x | 9.8x | 1.7x |
Price to Earnings Ratio
9.1x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Marine Ports and Services 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 9.5x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Marine Ports and Services industry have grown 7.4% per year over the last three years.
- Revenues for these companies have grown 8.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Marine Ports and Services compare with similar industries?
| 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 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 | |
|---|---|---|---|---|---|
| 6198 Qingdao Port International | HK$3.96 | 5.6% +HK$1.4b | 20.4% | PE4.9x | |
| 144 China Merchants Port Holdings | HK$9.91 | 2.6% +HK$1.0b | 7.7% | PE6.5x | |
| 3369 Qinhuangdao Port | HK$1.30 | 4.8% +HK$335.2m | 34.0% | PE4.6x | |
| 1199 COSCO SHIPPING Ports | HK$4.72 | 1.3% +HK$210.0m | 22.0% | PE7.7x | |
| 1719 China Infrastructure & Logistics Group | HK$0.73 | 2.8% +HK$34.5m | -33.6% | PS3.3x |
