Hong Kong (HSI) Paper and Forestry Products Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Paper and Forestry Products Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 30 Oct 2023	HK$30.5b	HK$87.9b	-HK$1,978,874,845.00	13.8x	-15.4x	0.3x
Wed, 27 Sep 2023	HK$31.4b	HK$88.0b	-HK$1,982,027,789.00	14.2x	-15.8x	0.4x
Fri, 25 Aug 2023	HK$30.8b	HK$93.3b	-HK$398,897,264.00	14.4x	-77.2x	0.3x
Sun, 23 Jul 2023	HK$34.2b	HK$97.0b	HK$80.1m	9.3x	426.8x	0.4x
Tue, 20 Jun 2023	HK$34.9b	HK$97.6b	HK$44.2m	9.9x	788.9x	0.4x
Thu, 18 May 2023	HK$37.7b	HK$99.2b	HK$19.6m	10.5x	1921.7x	0.4x
Sat, 15 Apr 2023	HK$43.8b	HK$100.9b	-HK$5,459,154.00	12x	-8023.2x	0.4x
Mon, 13 Mar 2023	HK$41.8b	HK$100.4b	-HK$74,906,516.00	15.8x	-558.3x	0.4x
Wed, 08 Feb 2023	HK$46.2b	HK$108.9b	HK$5.4b	8.1x	8.5x	0.4x
Fri, 06 Jan 2023	HK$52.3b	HK$107.7b	HK$5.4b	9.7x	9.7x	0.5x
Sun, 04 Dec 2022	HK$42.4b	HK$105.9b	HK$5.3b	8x	8x	0.4x
Tue, 01 Nov 2022	HK$32.7b	HK$104.4b	HK$5.2b	6.2x	6.3x	0.3x
Thu, 29 Sep 2022	HK$35.2b	HK$105.1b	HK$5.3b	6.6x	6.7x	0.3x
Sat, 27 Aug 2022	HK$42.6b	HK$109.3b	HK$8.4b	6.4x	5x	0.4x
Mon, 25 Jul 2022	HK$43.1b	HK$110.4b	HK$9.7b	4.3x	4.5x	0.4x
Wed, 22 Jun 2022	HK$46.5b	HK$111.4b	HK$9.8b	4.6x	4.8x	0.4x
Fri, 20 May 2022	HK$47.6b	HK$110.7b	HK$9.7b	4.9x	4.9x	0.4x
Sun, 17 Apr 2022	HK$52.1b	HK$115.2b	HK$10.1b	5.4x	5.2x	0.5x
Tue, 15 Mar 2022	HK$50.0b	HK$115.5b	HK$9.9b	7.4x	5.1x	0.4x
Thu, 10 Feb 2022	HK$64.1b	HK$107.9b	HK$12.3b	9x	5.2x	0.6x
Sat, 08 Jan 2022	HK$64.4b	HK$107.8b	HK$12.3b	9x	5.2x	0.6x
Mon, 06 Dec 2021	HK$68.6b	HK$107.8b	HK$12.3b	6.6x	5.6x	0.6x
Wed, 03 Nov 2021	HK$71.6b	HK$107.5b	HK$12.3b	n/a	5.8x	0.7x
Fri, 01 Oct 2021	HK$71.2b	HK$107.0b	HK$12.2b	5.9x	5.8x	0.7x
Sun, 29 Aug 2021	HK$80.4b	HK$96.1b	HK$10.2b	7x	7.9x	0.8x
Mon, 05 Jul 2021	HK$74.9b	HK$96.1b	HK$10.2b	8.7x	7.4x	0.8x
Thu, 08 Apr 2021	HK$87.1b	HK$93.9b	HK$9.8b	7.6x	8.9x	0.9x
Sun, 10 Jan 2021	HK$81.6b	HK$91.8b	HK$9.5b	7.4x	8.6x	0.9x

Current Industry PE

Investors are pessimistic on the Hong Kong Forestry industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading close to its 3-year average PS ratio of 0.58x.

Past Earnings Growth

Total earnings for the Forestry industry have declined over the last three years, with the industry now making a loss overall.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, 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 Materials industry?


HK Market	0.88%
Materials	3.21%
Paper and Forestry Products	1.62%
Forestry Products	7.05%
Paper Products	1.56%

Industry PE

Forecasted Growth

Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 72% over the next 5 years.
This is better than its past earnings decline of 65% per year.

In contrast, the Paper Products industry is expected to see its earnings grow by 72% 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
2689 Nine Dragons Paper (Holdings)	HK$4.47	4.4% +HK$891.5m	-3.9%	PS0.3x
2314 Lee & Man Paper Manufacturing	HK$2.27	4.1% +HK$387.9m	-4.6%	PE14.1x
1580 Da Sen Holdings Group	HK$0.17	26.9% +HK$29.6m	83.3%	PS2.7x
8003 Great World Company Holdings	HK$0.55	10.0% +HK$17.6m	22.2%	PS1.2x
923 Integrated Waste Solutions Group Holdings	HK$0.036	5.9% +HK$9.6m	24.1%	PS4.1x

Company

Last Price

Valuation

2689 Nine Dragons Paper (Holdings)

HK$4.47

4.4%
+HK$891.5m

-3.9%

PS0.3x

2314 Lee & Man Paper Manufacturing

HK$2.27

4.1%
+HK$387.9m

-4.6%