EEKA Fashion Holdings (HKG:3709) Has A Rock Solid Balance Sheet
May 12
Hong Kong (HSI) Specialty Stores Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies58
- 7D2.2%
- 3M5.3%
- 1Y-24.6%
- YTD0.6%
Chow Tai Fook Jewellery Group is up 2.3%, leading the way for the Specialty Stores industry, which has gained 2.2%. In contrast, the industry has lost 25% in the last 12 months. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Hong Kong Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$293.7b | HK$621.7b | HK$17.8b | 8x | 16.5x | 0.5x |
| Tue, 16 Apr 2024 | HK$270.5b | HK$622.7b | HK$17.9b | 7.5x | 15.1x | 0.4x |
| Thu, 14 Mar 2024 | HK$291.2b | HK$625.2b | HK$18.7b | 10.5x | 15.6x | 0.5x |
| Sat, 10 Feb 2024 | HK$267.5b | HK$626.0b | HK$18.7b | 8.9x | 14.3x | 0.4x |
| Mon, 08 Jan 2024 | HK$281.3b | HK$628.1b | HK$18.8b | 10.5x | 15x | 0.4x |
| Wed, 06 Dec 2023 | HK$288.7b | HK$627.5b | HK$19.0b | 9.8x | 15.2x | 0.5x |
| Fri, 03 Nov 2023 | HK$293.6b | HK$609.7b | HK$17.0b | 8.9x | 17.3x | 0.5x |
| Sun, 01 Oct 2023 | HK$310.3b | HK$610.1b | HK$16.8b | 9.3x | 18.5x | 0.5x |
| Tue, 29 Aug 2023 | HK$323.6b | HK$610.7b | HK$17.0b | 10x | 19.1x | 0.5x |
| Thu, 27 Jul 2023 | HK$407.1b | HK$615.0b | HK$17.5b | 10.6x | 23.2x | 0.7x |
| Sat, 24 Jun 2023 | HK$424.0b | HK$628.4b | HK$11.7b | 11.5x | 36.3x | 0.7x |
| Mon, 22 May 2023 | HK$416.8b | HK$670.9b | HK$12.9b | 13.1x | 32.3x | 0.6x |
| Wed, 19 Apr 2023 | HK$443.9b | HK$683.0b | HK$12.9b | 13.1x | 34.5x | 0.6x |
| Fri, 17 Mar 2023 | HK$394.1b | HK$660.5b | HK$20.2b | 10.6x | 19.5x | 0.6x |
| Sun, 12 Feb 2023 | HK$464.0b | HK$668.3b | HK$20.1b | 10.8x | 23.1x | 0.7x |
| Tue, 10 Jan 2023 | HK$484.2b | HK$667.6b | HK$20.0b | 10.9x | 24.2x | 0.7x |
| Thu, 08 Dec 2022 | HK$402.2b | HK$649.9b | HK$19.6b | 9.2x | 20.5x | 0.6x |
| Sat, 05 Nov 2022 | HK$364.0b | HK$631.5b | HK$19.4b | 7.6x | 18.8x | 0.6x |
| Mon, 03 Oct 2022 | HK$369.0b | HK$646.7b | HK$19.9b | 7.9x | 18.5x | 0.6x |
| Wed, 31 Aug 2022 | HK$425.0b | HK$679.3b | HK$22.4b | 9.5x | 19x | 0.6x |
| Fri, 29 Jul 2022 | HK$454.3b | HK$709.4b | HK$25.2b | 9.6x | 18x | 0.6x |
| Sun, 26 Jun 2022 | HK$508.4b | HK$715.2b | HK$25.3b | 10.3x | 20.1x | 0.7x |
| Tue, 24 May 2022 | HK$465.6b | HK$710.5b | HK$26.8b | 10.5x | 17.4x | 0.7x |
| Thu, 21 Apr 2022 | HK$487.1b | HK$738.8b | HK$27.9b | 9.8x | 17.5x | 0.7x |
| Sat, 19 Mar 2022 | HK$506.8b | HK$763.3b | HK$15.5b | 9.8x | 32.8x | 0.7x |
| Mon, 14 Feb 2022 | HK$571.3b | HK$770.4b | HK$14.0b | 10.6x | 40.8x | 0.7x |
| Wed, 12 Jan 2022 | HK$541.5b | HK$768.1b | HK$14.0b | 10.3x | 38.7x | 0.7x |
| Fri, 10 Dec 2021 | HK$606.6b | HK$771.4b | HK$14.1b | 10x | 43.1x | 0.8x |
| Sun, 07 Nov 2021 | HK$661.1b | HK$760.3b | HK$12.5b | 10.3x | 52.9x | 0.9x |
| Tue, 05 Oct 2021 | HK$612.4b | HK$756.0b | HK$12.3b | 10.4x | 49.7x | 0.8x |
| Thu, 02 Sep 2021 | HK$640.1b | HK$693.1b | HK$19.6b | 11.4x | 32.6x | 0.9x |
| Sat, 31 Jul 2021 | HK$658.9b | HK$693.1b | HK$19.6b | 11x | 33.6x | 1x |
Price to Earnings Ratio
45.3x
Current Industry PE
- Investors are pessimistic on the Hong Kong Specialty Retail 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 16.5x which is lower than its 3-year average PE of 26.8x.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have grown 7.8% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?
| HK Market | 2.56% | |
| Consumer Discretionary | 2.09% | |
| Specialty Stores | 2.23% | |
| Home Improvement Retail | 8.41% | |
| Automotive Retail | 5.41% | |
| Specialty Stores | 2.50% | |
| Home Furnishing Retail | 1.01% | |
| Apparel Retail | -0.96% | |
| Computer and Electronics Retail | -2.88% | |
Industry PE
- Investors are most optimistic about the Apparel Retail industry which is trading above its 3-year average PE ratio of 20.2x.
- Analysts are expecting annual earnings growth of 13.2%, which is lower than the prior year's growth of 34.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 2.1% per year.
- In contrast, the Automotive Retail industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| 1929 Chow Tai Fook Jewellery Group | HK$10.88 | 2.3% +HK$2.4b | -27.2% | PE16.5x | |
| 881 Zhongsheng Group Holdings | HK$16.00 | 6.5% +HK$2.3b | -51.1% | PE7x | |
| 9992 Pop Mart International Group | HK$36.40 | 3.4% +HK$1.6b | 100.4% | PE41.2x | |
| 3669 China Yongda Automobiles Services Holdings | HK$2.34 | 5.4% +HK$230.7m | -50.4% | PE7.3x | |
| 1268 China MeiDong Auto Holdings | HK$3.11 | 5.8% +HK$228.9m | -74.1% | PE27.6x |
