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Hong Kong (HSI) Packaged Foods and Meats Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies44
- 7D-3.0%
- 3M4.4%
- 1Y-15.7%
- YTDn/a
Over the last 7 days, the Packaged Foods and Meats industry has dropped 3.0%, driven by China Mengniu Dairy declining 7.2%. The industry has fallen 16% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Hong Kong Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$480.2b | HK$695.7b | HK$28.4b | 14.2x | 16.9x | 0.7x |
| Sat, 27 Apr 2024 | HK$478.7b | HK$697.5b | HK$28.5b | 14.1x | 16.8x | 0.7x |
| Mon, 25 Mar 2024 | HK$448.0b | HK$704.6b | HK$35.8b | 14x | 12.5x | 0.6x |
| Wed, 21 Feb 2024 | HK$423.5b | HK$709.1b | HK$36.1b | 13.5x | 11.7x | 0.6x |
| Fri, 19 Jan 2024 | HK$479.3b | HK$744.0b | HK$37.6b | 13.8x | 12.7x | 0.6x |
| Sun, 17 Dec 2023 | HK$521.9b | HK$746.5b | HK$37.8b | 14.7x | 13.8x | 0.7x |
| Tue, 14 Nov 2023 | HK$524.0b | HK$720.9b | HK$35.8b | 15.8x | 14.6x | 0.7x |
| Thu, 12 Oct 2023 | HK$523.3b | HK$721.0b | HK$35.8b | 15.2x | 14.6x | 0.7x |
| Sat, 09 Sep 2023 | HK$529.0b | HK$720.8b | HK$35.7b | 15.7x | 14.8x | 0.7x |
| Mon, 07 Aug 2023 | HK$556.4b | HK$737.5b | HK$38.8b | 18x | 14.3x | 0.8x |
| Wed, 05 Jul 2023 | HK$566.4b | HK$736.8b | HK$38.9b | 17.2x | 14.6x | 0.8x |
| Fri, 02 Jun 2023 | HK$541.1b | HK$744.2b | HK$39.6b | 14x | 13.7x | 0.7x |
| Sun, 30 Apr 2023 | HK$603.6b | HK$756.9b | HK$40.4b | 14.2x | 15x | 0.8x |
| Tue, 28 Mar 2023 | HK$628.5b | HK$743.2b | HK$41.9b | 13.5x | 15x | 0.8x |
| Thu, 23 Feb 2023 | HK$641.7b | HK$738.4b | HK$42.2b | 11.9x | 15.2x | 0.9x |
| Sat, 21 Jan 2023 | HK$683.0b | HK$744.3b | HK$42.7b | 11.9x | 16x | 0.9x |
| Mon, 19 Dec 2022 | HK$652.4b | HK$723.8b | HK$41.2b | 11.9x | 15.8x | 0.9x |
| Wed, 16 Nov 2022 | HK$589.2b | HK$718.4b | HK$41.6b | 10.3x | 14.1x | 0.8x |
| Fri, 14 Oct 2022 | HK$552.1b | HK$713.8b | HK$41.3b | 10.6x | 13.4x | 0.8x |
| Sun, 11 Sep 2022 | HK$603.9b | HK$728.9b | HK$42.3b | 12.5x | 14.3x | 0.8x |
| Tue, 09 Aug 2022 | HK$648.1b | HK$727.7b | HK$45.5b | 10.9x | 14.3x | 0.9x |
| Thu, 07 Jul 2022 | HK$708.5b | HK$730.2b | HK$45.6b | 11x | 15.5x | 1x |
| Sat, 04 Jun 2022 | HK$708.9b | HK$732.5b | HK$46.1b | 11.5x | 15.4x | 1x |
| Mon, 02 May 2022 | HK$698.8b | HK$735.8b | HK$46.4b | 10.7x | 15.1x | 0.9x |
| Wed, 30 Mar 2022 | HK$692.6b | HK$727.2b | HK$48.0b | 10.2x | 14.4x | 1x |
| Fri, 25 Feb 2022 | HK$809.4b | HK$727.2b | HK$54.3b | 9.3x | 14.9x | 1.1x |
| Sun, 23 Jan 2022 | HK$818.4b | HK$723.6b | HK$54.1b | 9.7x | 15.1x | 1.1x |
| Tue, 21 Dec 2021 | HK$765.9b | HK$722.5b | HK$54.0b | 8.8x | 14.2x | 1.1x |
| Thu, 18 Nov 2021 | HK$819.4b | HK$718.9b | HK$54.2b | 10.4x | 15.1x | 1.1x |
| Sat, 16 Oct 2021 | HK$793.6b | HK$714.6b | HK$53.7b | 10.6x | 14.8x | 1.1x |
| Mon, 13 Sep 2021 | HK$815.8b | HK$712.0b | HK$53.5b | 10.5x | 15.3x | 1.1x |
| Wed, 11 Aug 2021 | HK$833.2b | HK$712.9b | HK$53.6b | 11x | 15.5x | 1.2x |
| Sun, 06 Jun 2021 | HK$968.4b | HK$672.9b | HK$49.9b | 14.8x | 19.4x | 1.4x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are optimistic on the Hong Kong Packaged Foods and Meats industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.9x which is higher than its 3-year average PE of 14.8x.
- The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have declined 17% per year over the last three years.
- 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 Comparison
How does Hong Kong Packaged Foods and Meats compare with similar industries?
| HK Market | -2.07% | |
| Consumer Staples | -3.35% | |
| Food | -2.86% | |
| Packaged Foods and Meats | -3.01% | |
| Agricultural Products | 1.95% | |
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 | |
|---|---|---|---|---|---|
| 151 Want Want China Holdings | HK$4.67 | 0.9% +HK$472.5m | -4.7% | PE14.6x | |
| 1497 Xiamen Yan Palace Bird's Nest Industry | HK$9.04 | 7.2% +HK$284.0m | n/a | PE19.8x | |
| 2419 Dekon Food and Agriculture Group | HK$50.40 | 1.1% +HK$213.9m | n/a | PS1.1x | |
| 3889 Global Sweeteners Holdings | HK$0.21 | 49.3% +HK$178.6m | 139.5% | PS0.9x | |
| 142 First Pacific | HK$3.73 | 1.1% +HK$169.5m | 26.0% | PE4x |
