Tsim Sha Tsui Properties' (HKG:247) Upcoming Dividend Will Be Larger Than Last Year's
Oct 26
Hong Kong (HSI) Real Estate Development Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies127
- 7D0.04%
- 3M-21.3%
- 1Y-6.6%
- YTD-30.9%
In the last week, the Real Estate Development industry is flat overall, with Sino Land standing out by going down 6.3%. Unfortunately though, the industry is down 6.6% over the past 12 months. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Hong Kong Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$1.2t | HK$3.2t | -HK$210,347,297,094.00 | 6.9x | -5.5x | 0.4x |
| Wed, 27 Sep 2023 | HK$1.2t | HK$3.2t | -HK$200,181,698,378.00 | 7x | -6.1x | 0.4x |
| Fri, 25 Aug 2023 | HK$1.3t | HK$3.8t | -HK$82,315,759,343.00 | 6.7x | -15.6x | 0.3x |
| Sun, 23 Jul 2023 | HK$1.4t | HK$4.0t | -HK$33,789,895,189.00 | 6.4x | -40.3x | 0.3x |
| Tue, 20 Jun 2023 | HK$1.5t | HK$4.1t | -HK$31,996,382,970.00 | 6.3x | -45.9x | 0.4x |
| Thu, 18 May 2023 | HK$1.5t | HK$4.1t | -HK$35,019,745,130.00 | 6.4x | -43.2x | 0.4x |
| Sat, 15 Apr 2023 | HK$1.7t | HK$4.3t | -HK$17,290,089,433.00 | 6.6x | -97.4x | 0.4x |
| Mon, 13 Mar 2023 | HK$1.6t | HK$4.7t | HK$263.2b | 4.5x | 6.1x | 0.3x |
| Wed, 08 Feb 2023 | HK$1.7t | HK$4.8t | HK$289.2b | 4.6x | 5.9x | 0.4x |
| Fri, 06 Jan 2023 | HK$1.8t | HK$4.8t | HK$287.0b | 4.9x | 6.2x | 0.4x |
| Sun, 04 Dec 2022 | HK$1.6t | HK$4.7t | HK$283.9b | 4.5x | 5.7x | 0.3x |
| Tue, 01 Nov 2022 | HK$1.2t | HK$4.6t | HK$283.4b | 3.6x | 4.2x | 0.3x |
| Thu, 29 Sep 2022 | HK$1.6t | HK$4.7t | HK$285.1b | 4.1x | 5.4x | 0.3x |
| Sat, 27 Aug 2022 | HK$1.7t | HK$5.1t | HK$386.7b | 4x | 4.4x | 0.3x |
| Mon, 25 Jul 2022 | HK$1.8t | HK$5.1t | HK$414.8b | 4.2x | 4.3x | 0.3x |
| Wed, 22 Jun 2022 | HK$2.0t | HK$5.1t | HK$421.5b | 4.6x | 4.6x | 0.4x |
| Fri, 20 May 2022 | HK$2.0t | HK$5.1t | HK$418.5b | 4.9x | 4.8x | 0.4x |
| Sun, 17 Apr 2022 | HK$2.3t | HK$5.3t | HK$439.3b | 5x | 5.1x | 0.4x |
| Tue, 15 Mar 2022 | HK$1.9t | HK$5.2t | HK$518.4b | 3.9x | 3.6x | 0.4x |
| Thu, 10 Feb 2022 | HK$2.3t | HK$5.2t | HK$511.0b | 4.5x | 4.5x | 0.4x |
| Sat, 08 Jan 2022 | HK$2.2t | HK$5.2t | HK$510.3b | 4.5x | 4.4x | 0.4x |
| Mon, 06 Dec 2021 | HK$2.2t | HK$5.2t | HK$510.3b | 4.6x | 4.3x | 0.4x |
| Wed, 03 Nov 2021 | HK$2.2t | HK$5.2t | HK$506.2b | 1.1x | 4.4x | 0.4x |
| Fri, 01 Oct 2021 | HK$2.3t | HK$5.1t | HK$501.7b | 5x | 4.7x | 0.5x |
| Sun, 29 Aug 2021 | HK$2.5t | HK$5.1t | HK$494.5b | 5.3x | 5x | 0.5x |
| Mon, 05 Jul 2021 | HK$2.8t | HK$5.1t | HK$495.9b | 5.5x | 5.6x | 0.5x |
| Thu, 08 Apr 2021 | HK$3.1t | HK$4.8t | HK$469.1b | 6x | 6.5x | 0.6x |
| Sun, 10 Jan 2021 | HK$2.8t | HK$4.6t | HK$438.3b | 5.6x | 6.4x | 0.6x |
Price to Earnings Ratio
6.7x
Current Industry PE
- Investors are pessimistic on the Hong Kong Real Estate Development 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 0.49x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 8.5% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Real Estate Development compare with similar industries?
| HK Market | 0.88% | |
| Real Estate | 0.48% | |
| Real Estate | 0.47% | |
| Real Estate Development | 0.041% | |
| Real Estate Operating Companies | 1.66% | |
| Real Estate Services | 0.94% | |
| Diversified Real Estate | 0.17% | |
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 | |
|---|---|---|---|---|---|
| 1109 China Resources Land | HK$30.25 | 2.4% +HK$5.0b | 23.0% | PE6.5x | |
| 688 China Overseas Land & Investment | HK$15.28 | 2.0% +HK$3.3b | 2.0% | PE7.8x | |
| 123 Yuexiu Property | HK$8.25 | 5.5% +HK$1.7b | 23.1% | PE7x | |
| 1113 CK Asset Holdings | HK$39.50 | 0.6% +HK$887.2m | -9.0% | PE7.4x | |
| 12 Henderson Land Development | HK$20.70 | 0.7% +HK$726.2m | 7.7% | PE9.6x |
