Brilliance China Automotive Holdings' (HKG:1114) Shareholders May Want To Dig Deeper Than Statutory Profit
May 03
Hong Kong (HSI) Automobile Manufacturers Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies10
- 7D3.4%
- 3M24.2%
- 1Y-0.2%
- YTDn/a
Over the last 7 days, the Automobile Manufacturers industry has risen 4.5%, driven by gains from Great Wall Motor of 18%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Hong Kong Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$1.2t | HK$1.5t | HK$55.9b | 9.9x | 21.4x | 0.8x |
| Tue, 16 Apr 2024 | HK$1.1t | HK$1.5t | HK$53.0b | 9.9x | 21.3x | 0.7x |
| Thu, 14 Mar 2024 | HK$1.1t | HK$1.5t | HK$64.1b | 7.1x | 17.1x | 0.7x |
| Sat, 10 Feb 2024 | HK$985.5b | HK$1.5t | HK$64.1b | 6.8x | 15.4x | 0.7x |
| Mon, 08 Jan 2024 | HK$1.1t | HK$1.5t | HK$62.4b | 7.5x | 17.1x | 0.7x |
| Wed, 06 Dec 2023 | HK$1.1t | HK$1.5t | HK$62.5b | 7.3x | 17.8x | 0.8x |
| Fri, 03 Nov 2023 | HK$1.2t | HK$1.4t | HK$61.1b | 7.9x | 19.9x | 0.8x |
| Sun, 01 Oct 2023 | HK$1.2t | HK$1.4t | HK$55.8b | 7.2x | 21.6x | 0.9x |
| Tue, 29 Aug 2023 | HK$1.2t | HK$1.3t | HK$58.3b | 7.6x | 20.4x | 0.9x |
| Thu, 27 Jul 2023 | HK$1.3t | HK$1.3t | HK$59.8b | 6.7x | 22.2x | 1x |
| Sat, 24 Jun 2023 | HK$1.3t | HK$1.3t | HK$59.4b | 6.5x | 21.8x | 1x |
| Mon, 22 May 2023 | HK$1.3t | HK$1.3t | HK$60.7b | 6.8x | 21.4x | 1x |
| Wed, 19 Apr 2023 | HK$1.3t | HK$1.3t | HK$61.9b | 5.7x | 21.4x | 1x |
| Fri, 17 Mar 2023 | HK$1.2t | HK$1.1t | HK$51.3b | 6x | 23.5x | 1.1x |
| Sun, 12 Feb 2023 | HK$1.4t | HK$1.1t | HK$52.0b | 7.2x | 27.7x | 1.3x |
| Tue, 10 Jan 2023 | HK$1.3t | HK$1.1t | HK$53.8b | 6.4x | 24.9x | 1.2x |
| Thu, 08 Dec 2022 | HK$1.4t | HK$1.1t | HK$51.9b | 6.8x | 26.4x | 1.2x |
| Sat, 05 Nov 2022 | HK$1.3t | HK$1.1t | HK$50.9b | 6.5x | 25.7x | 1.2x |
| Mon, 03 Oct 2022 | HK$1.2t | HK$973.7b | HK$38.4b | 8.4x | 32.2x | 1.3x |
| Wed, 31 Aug 2022 | HK$1.6t | HK$6.7t | HK$44.3b | 12.1x | 35.6x | 0.2x |
| Fri, 29 Jul 2022 | HK$1.7t | HK$992.4b | HK$44.2b | 8.4x | 37.4x | 1.7x |
| Sun, 26 Jun 2022 | HK$1.9t | HK$1.0t | HK$44.3b | 9x | 42x | 1.9x |
| Tue, 24 May 2022 | HK$1.6t | HK$1.0t | HK$44.2b | 9.4x | 35.2x | 1.6x |
| Thu, 21 Apr 2022 | HK$1.4t | HK$1.0t | HK$45.1b | 8.9x | 30x | 1.3x |
| Sat, 19 Mar 2022 | HK$1.3t | HK$990.0b | HK$50.5b | 8.8x | 26.4x | 1.3x |
| Mon, 14 Feb 2022 | HK$1.5t | HK$986.3b | HK$50.3b | 11x | 30.4x | 1.5x |
| Wed, 12 Jan 2022 | HK$1.6t | HK$982.8b | HK$50.1b | 10.2x | 32.6x | 1.7x |
| Fri, 10 Dec 2021 | HK$2.0t | HK$987.8b | HK$50.4b | 11.6x | 40.1x | 2x |
| Sun, 07 Nov 2021 | HK$2.1t | HK$977.8b | HK$49.9b | 10.2x | 42.5x | 2.2x |
| Tue, 05 Oct 2021 | HK$1.7t | HK$979.5b | HK$53.3b | 9.7x | 32.5x | 1.8x |
| Thu, 02 Sep 2021 | HK$2.0t | HK$979.1b | HK$61.3b | 16x | 33.4x | 2.1x |
| Sat, 31 Jul 2021 | HK$1.9t | HK$979.1b | HK$61.3b | 12.4x | 31.2x | 2x |
Price to Earnings Ratio
23.5x
Current Industry PE
- Investors are pessimistic on the Hong Kong Automobile Manufacturers 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 21.6x which is lower than its 3-year average PE of 27.0x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Automobile Manufacturers industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 and as a result, profits have held steady.
Industry Comparison
How does Hong Kong Automobile Manufacturers compare with similar industries?
| HK Market | 2.56% | |
| Consumer Discretionary | 2.09% | |
| Auto | 3.17% | |
| Automobile Manufacturers | 3.35% | |
| Motorcycle Manufacturers | -1.05% | |
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 | |
|---|---|---|---|---|---|
| 2333 Great Wall Motor | HK$14.94 | 19.5% +HK$20.7b | 61.3% | PE11.7x | |
| 175 Geely Automobile Holdings | HK$10.22 | 3.3% +HK$3.3b | 8.5% | PE18.4x | |
| 9863 Zhejiang Leapmotor Technology | HK$31.30 | 2.1% +HK$869.0m | -19.3% | PS2.3x | |
| 2238 Guangzhou Automobile Group | HK$3.42 | 2.1% +HK$734.1m | -27.8% | PE8.1x | |
| 1958 BAIC Motor | HK$2.35 | 2.6% +HK$480.9m | 10.8% | PE6.7x |
