Hong Kong (HSI) Asset Management Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies34
- 7D4.5%
- 3M3.9%
- 1Y-20.9%
- YTDn/a
The Asset Management industry is up 4.5% in the last week, with China Cinda Asset Management up 5.2%. However, the industry is down 21% over the past year. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Hong Kong Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$49.6b | HK$29.9b | HK$4.1b | 11.1x | 12.1x | 1.7x |
| Tue, 16 Apr 2024 | HK$41.4b | HK$29.9b | HK$4.1b | 8.8x | 10.1x | 1.4x |
| Thu, 14 Mar 2024 | HK$49.6b | HK$24.7b | HK$4.9b | 18.7x | 10.1x | 2x |
| Sat, 10 Feb 2024 | HK$50.3b | HK$24.6b | HK$4.7b | 17.2x | 10.8x | 2x |
| Mon, 08 Jan 2024 | HK$52.7b | HK$24.8b | HK$5.0b | 18.7x | 10.6x | 2.1x |
| Wed, 06 Dec 2023 | HK$50.1b | HK$24.8b | HK$5.0b | 19.8x | 10.1x | 2x |
| Fri, 03 Nov 2023 | HK$51.6b | HK$33.8b | HK$3.8b | 9.8x | 13.5x | 1.5x |
| Sun, 01 Oct 2023 | HK$50.3b | HK$26.0b | HK$3.8b | 10.8x | 13.2x | 1.9x |
| Tue, 29 Aug 2023 | HK$47.6b | HK$34.1b | HK$3.2b | 11.2x | 14.8x | 1.4x |
| Thu, 27 Jul 2023 | HK$49.4b | HK$34.6b | HK$2.7b | 10.4x | 18.3x | 1.4x |
| Sat, 24 Jun 2023 | HK$51.6b | HK$34.1b | HK$3.4b | 13.7x | 15.4x | 1.5x |
| Mon, 22 May 2023 | HK$57.1b | HK$49.1b | HK$5.3b | 21.9x | 10.7x | 1.2x |
| Wed, 19 Apr 2023 | HK$58.2b | HK$50.3b | HK$5.7b | 16.2x | 10.3x | 1.2x |
| Fri, 17 Mar 2023 | HK$61.5b | HK$58.9b | HK$8.4b | 14.8x | 7.3x | 1x |
| Sun, 12 Feb 2023 | HK$67.9b | HK$59.6b | HK$8.7b | 15x | 7.8x | 1.1x |
| Tue, 10 Jan 2023 | HK$75.2b | HK$59.5b | HK$8.7b | 16x | 8.6x | 1.3x |
| Thu, 08 Dec 2022 | HK$68.2b | HK$57.9b | HK$8.4b | 18x | 8.2x | 1.2x |
| Sat, 05 Nov 2022 | HK$56.1b | HK$55.4b | HK$5.0b | 18.1x | 11.1x | 1x |
| Mon, 03 Oct 2022 | HK$58.4b | HK$56.8b | HK$5.3b | 5.5x | 11.1x | 1x |
| Wed, 31 Aug 2022 | HK$72.0b | HK$56.9b | HK$6.2b | 5x | 11.5x | 1.3x |
| Fri, 29 Jul 2022 | HK$72.9b | HK$58.1b | HK$9.8b | 7.4x | 7.4x | 1.3x |
| Sun, 26 Jun 2022 | HK$79.7b | HK$58.5b | HK$12.0b | 8x | 6.6x | 1.4x |
| Tue, 24 May 2022 | HK$76.1b | HK$58.6b | HK$12.0b | 5.5x | 6.4x | 1.3x |
| Thu, 21 Apr 2022 | HK$76.7b | HK$61.2b | HK$12.6b | 6.8x | 6.1x | 1.3x |
| Sat, 19 Mar 2022 | HK$82.4b | HK$65.6b | HK$10.2b | 6.7x | 8.1x | 1.3x |
| Mon, 14 Feb 2022 | HK$85.0b | HK$66.8b | HK$11.1b | 7.4x | 7.6x | 1.3x |
| Wed, 12 Jan 2022 | HK$84.2b | HK$66.5b | HK$11.1b | 6.2x | 7.6x | 1.3x |
| Fri, 10 Dec 2021 | HK$78.1b | HK$66.8b | HK$11.1b | 7.6x | 7.1x | 1.2x |
| Sun, 07 Nov 2021 | HK$75.6b | HK$66.4b | HK$15.8b | 6.7x | 4.8x | 1.1x |
| Tue, 05 Oct 2021 | HK$80.0b | HK$65.4b | HK$12.7b | 7.4x | 6.3x | 1.2x |
| Thu, 02 Sep 2021 | HK$85.2b | HK$65.2b | HK$12.4b | 12x | 6.9x | 1.3x |
| Sat, 31 Jul 2021 | HK$80.0b | HK$65.2b | HK$12.4b | 11x | 6.5x | 1.2x |
Price to Earnings Ratio
7.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.1x which is higher than its 3-year average PE of 9.6x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 30% per year over the last three years,
- Revenues have also declined 23% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Asset Management compare with similar industries?
| HK Market | 2.56% | |
| Financials | 3.78% | |
| Capital Markets | 4.27% | |
| Asset Management | 4.50% | |
| Diversified Capital Markets | 6.76% | |
| Investment Banking and Brokerage | 5.15% | |
| Financial Exchanges and Data | 3.05% | |
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 | |
|---|---|---|---|---|---|
| 1359 China Cinda Asset Management | HK$0.81 | 5.2% +HK$1.5b | -13.8% | PE6.7x | |
| 612 Ding Yi Feng Holdings Group International | HK$0.68 | 88.9% +HK$499.7m | -72.1% | PB1.1x | |
| 245 China Vered Financial Holding | HK$0.064 | 10.3% +HK$208.3m | n/a | PS19.4x | |
| 1062 China Development Bank International Investment | HK$0.093 | 57.6% +HK$98.7m | 13.4% | PB0.2x | |
| 1140 Wealthink AI-Innovation Capital | HK$0.13 | 7.3% +HK$94.7m | -73.1% | PS5.5x |