Is Zibuyu Group (HKG:2420) Using Debt Sensibly?
May 29
Hong Kong (HSI) Apparel Retail Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies19
- 7D-4.9%
- 3M-1.6%
- 1Y-10.4%
- YTDn/a
Over the last 7 days, the Apparel Retail industry has dropped 4.9%, driven by Topsports International Holdings declining 6.4%. On the other hand Zibuyu Group is actually up 13%. Overall the industry is down 10% in 12 months. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the Hong Kong Apparel Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$60.0b | HK$88.7b | HK$1.8b | 8.6x | 32.6x | 0.7x |
| Sat, 27 Apr 2024 | HK$61.4b | HK$88.3b | HK$1.7b | 8.8x | 36.1x | 0.7x |
| Mon, 25 Mar 2024 | HK$62.4b | HK$88.1b | HK$2.6b | 12.4x | 23.9x | 0.7x |
| Wed, 21 Feb 2024 | HK$60.0b | HK$87.7b | HK$2.5b | 11.7x | 24x | 0.7x |
| Fri, 19 Jan 2024 | HK$64.2b | HK$87.7b | HK$2.5b | 12.7x | 25.7x | 0.7x |
| Sun, 17 Dec 2023 | HK$69.3b | HK$88.2b | HK$2.5b | 13.1x | 27.4x | 0.8x |
| Tue, 14 Nov 2023 | HK$71.5b | HK$86.5b | HK$2.5b | 12.7x | 28.9x | 0.8x |
| Thu, 12 Oct 2023 | HK$66.8b | HK$85.5b | HK$2.3b | 13.8x | 29.4x | 0.8x |
| Sat, 09 Sep 2023 | HK$70.6b | HK$85.3b | HK$2.3b | 14x | 31.3x | 0.8x |
| Mon, 07 Aug 2023 | HK$77.9b | HK$84.7b | HK$2.6b | 16.1x | 30.5x | 0.9x |
| Wed, 05 Jul 2023 | HK$74.1b | HK$84.5b | HK$2.5b | 15x | 29.1x | 0.9x |
| Fri, 02 Jun 2023 | HK$68.0b | HK$85.4b | HK$2.6b | 16.5x | 26.6x | 0.8x |
| Sun, 30 Apr 2023 | HK$74.4b | HK$89.7b | HK$2.9b | 17.4x | 25.8x | 0.8x |
| Tue, 28 Mar 2023 | HK$74.2b | HK$88.9b | HK$3.9b | 13.6x | 19.2x | 0.8x |
| Thu, 23 Feb 2023 | HK$72.4b | HK$88.5b | HK$3.6b | 12.7x | 20.1x | 0.8x |
| Sat, 21 Jan 2023 | HK$78.9b | HK$89.5b | HK$3.6b | 12.9x | 21.7x | 0.9x |
| Mon, 19 Dec 2022 | HK$65.2b | HK$87.3b | HK$3.5b | 11.3x | 18.4x | 0.7x |
| Wed, 16 Nov 2022 | HK$55.8b | HK$86.8b | HK$3.5b | 10x | 15.9x | 0.6x |
| Fri, 14 Oct 2022 | HK$57.6b | HK$89.0b | HK$3.6b | 9x | 15.8x | 0.6x |
| Sun, 11 Sep 2022 | HK$70.8b | HK$91.4b | HK$3.8b | 12.7x | 18.9x | 0.8x |
| Tue, 09 Aug 2022 | HK$72.4b | HK$95.6b | HK$4.5b | 10.2x | 16x | 0.8x |
| Thu, 07 Jul 2022 | HK$78.3b | HK$96.1b | HK$4.5b | 11.4x | 17.2x | 0.8x |
| Sat, 04 Jun 2022 | HK$69.6b | HK$96.9b | HK$4.8b | 11.2x | 14.4x | 0.7x |
| Mon, 02 May 2022 | HK$72.7b | HK$104.4b | HK$5.7b | 10.7x | 12.8x | 0.7x |
| Wed, 30 Mar 2022 | HK$73.6b | HK$100.7b | HK$7.6b | 11x | 9.7x | 0.7x |
| Fri, 25 Feb 2022 | HK$86.9b | HK$103.1b | HK$8.0b | 11.5x | 10.9x | 0.8x |
| Sun, 23 Jan 2022 | HK$85.4b | HK$102.5b | HK$8.0b | 10.4x | 10.7x | 0.8x |
| Tue, 21 Dec 2021 | HK$87.2b | HK$102.2b | HK$8.0b | 9.7x | 11x | 0.9x |
| Thu, 18 Nov 2021 | HK$96.9b | HK$101.8b | HK$7.9b | 9.7x | 12.2x | 1x |
| Sat, 16 Oct 2021 | HK$93.8b | HK$103.3b | HK$8.0b | 10.7x | 11.7x | 0.9x |
| Mon, 13 Sep 2021 | HK$98.4b | HK$102.7b | HK$8.0b | 10.8x | 12.4x | 1x |
| Wed, 11 Aug 2021 | HK$110.6b | HK$104.3b | HK$7.7b | 10.1x | 14.4x | 1.1x |
| Sun, 06 Jun 2021 | HK$115.3b | HK$103.5b | HK$4.9b | 14.3x | 23.7x | 1.1x |
Price to Earnings Ratio
23.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Apparel Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.6x which is higher than its 3-year average PE of 20.4x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- The earnings for companies in the Apparel Retail industry have declined 28% per year over the last three years,
- Revenues have also declined 5.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Apparel Retail compare with similar industries?
| HK Market | -2.07% | |
| Consumer Discretionary | -3.13% | |
| Specialty Stores | -4.21% | |
| Apparel Retail | -4.86% | |
| Computer and Electronics Retail | 2.90% | |
| Home Furnishing Retail | 1.28% | |
| Home Improvement Retail | -2.59% | |
| Specialty Stores | -2.59% | |
| Automotive Retail | -8.89% | |
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 | |
|---|---|---|---|---|---|
| 2420 Zibuyu Group | HK$3.42 | 13.2% +HK$200.0m | -14.7% | PS0.5x | |
| 3813 Pou Sheng International (Holdings) | HK$0.67 | 1.5% +HK$51.8m | -4.3% | PE7.2x | |
| 1223 Symphony Holdings | HK$0.81 | 1.3% +HK$29.7m | -9.0% | PS7.9x | |
| 2209 YesAsia Holdings | HK$0.98 | 3.2% +HK$11.9m | 100.0% | PE6.6x | |
| 2528 Forward Fashion (International) Holdings | HK$0.24 | 8.6% +HK$7.6m | -31.7% | PS0.09x |
