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May 23
Hong Kong (HSI) Consumer Finance Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies26
- 7D-2.4%
- 3M2.6%
- 1Y-8.1%
- YTD1.0%
Over the last 7 days, the Consumer Finance industry has dropped 1.8%, driven by Yixin Group declining 7.8%. In contrast, 51 Credit Card has gained 32%. Overall the industry is down 8.4% in 12 months. Looking forward, earnings are forecast to grow by 39% annually.
Industry Valuation and Performance
Has the Hong Kong Consumer Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$28.6b | HK$23.6b | HK$79.3m | 12x | 360.8x | 1.2x |
| Sat, 27 Apr 2024 | HK$27.3b | HK$23.6b | HK$71.2m | 10.3x | 383.6x | 1.2x |
| Mon, 25 Mar 2024 | HK$28.1b | HK$26.5b | -HK$544,983,436.68 | 11.7x | -51.6x | 1.1x |
| Wed, 21 Feb 2024 | HK$27.0b | HK$25.5b | -HK$1,515,632,139.81 | 9.4x | -17.8x | 1.1x |
| Fri, 19 Jan 2024 | HK$27.0b | HK$25.8b | -HK$1,530,358,081.00 | 9.2x | -17.7x | 1x |
| Sun, 17 Dec 2023 | HK$26.5b | HK$25.7b | -HK$1,608,486,022.00 | 7x | -16.5x | 1x |
| Tue, 14 Nov 2023 | HK$27.1b | HK$25.5b | -HK$1,548,859,149.00 | 7.5x | -17.5x | 1.1x |
| Thu, 12 Oct 2023 | HK$28.7b | HK$25.5b | -HK$1,535,728,100.00 | 7.3x | -18.7x | 1.1x |
| Sat, 09 Sep 2023 | HK$29.7b | HK$25.6b | -HK$1,538,439,167.00 | 7x | -19.3x | 1.2x |
| Mon, 07 Aug 2023 | HK$30.7b | HK$24.2b | -HK$2,109,960,144.00 | 5.9x | -14.5x | 1.3x |
| Wed, 05 Jul 2023 | HK$30.3b | HK$24.2b | -HK$2,113,636,971.00 | 6.2x | -14.3x | 1.3x |
| Fri, 02 Jun 2023 | HK$29.9b | HK$24.2b | -HK$2,215,906,778.00 | 8.9x | -13.5x | 1.2x |
| Sun, 30 Apr 2023 | HK$31.7b | HK$24.5b | -HK$2,216,404,997.00 | 12.6x | -14.3x | 1.3x |
| Tue, 28 Mar 2023 | HK$34.0b | HK$22.4b | HK$3.7b | 8.2x | 9.1x | 1.5x |
| Thu, 23 Feb 2023 | HK$35.7b | HK$22.7b | HK$5.3b | 8.4x | 6.7x | 1.6x |
| Sat, 21 Jan 2023 | HK$35.0b | HK$22.8b | HK$5.4b | 8.6x | 6.5x | 1.5x |
| Mon, 19 Dec 2022 | HK$42.9b | HK$22.3b | HK$5.3b | 10.7x | 8.1x | 1.9x |
| Wed, 16 Nov 2022 | HK$40.9b | HK$22.2b | HK$5.2b | 7.2x | 7.9x | 1.8x |
| Fri, 14 Oct 2022 | HK$40.1b | HK$22.0b | HK$5.2b | 6.6x | 7.8x | 1.8x |
| Sun, 11 Sep 2022 | HK$47.0b | HK$22.4b | HK$5.2b | 6.6x | 9x | 2.1x |
| Tue, 09 Aug 2022 | HK$50.5b | HK$22.4b | HK$11.3b | 7.5x | 4.5x | 2.3x |
| Thu, 07 Jul 2022 | HK$50.4b | HK$22.5b | HK$11.3b | 8.4x | 4.5x | 2.2x |
| Sat, 04 Jun 2022 | HK$50.5b | HK$22.4b | HK$11.6b | 7.8x | 4.3x | 2.3x |
| Mon, 02 May 2022 | HK$51.5b | HK$22.3b | HK$11.7b | 10.8x | 4.4x | 2.3x |
| Wed, 30 Mar 2022 | HK$54.6b | HK$28.5b | HK$11.6b | 6.6x | 4.7x | 1.9x |
| Fri, 25 Feb 2022 | HK$61.2b | HK$25.6b | HK$12.8b | 6x | 4.8x | 2.4x |
| Sun, 23 Jan 2022 | HK$60.8b | HK$25.5b | HK$12.7b | 6.4x | 4.8x | 2.4x |
| Tue, 21 Dec 2021 | HK$59.2b | HK$25.4b | HK$12.7b | 6.2x | 4.6x | 2.3x |
| Thu, 18 Nov 2021 | HK$56.9b | HK$25.4b | HK$12.4b | 6.4x | 4.6x | 2.2x |
| Sat, 16 Oct 2021 | HK$62.2b | HK$25.3b | HK$12.4b | 6x | 5x | 2.5x |
| Mon, 13 Sep 2021 | HK$67.5b | HK$25.3b | HK$12.4b | 6.1x | 5.4x | 2.7x |
| Wed, 11 Aug 2021 | HK$74.2b | HK$26.0b | HK$12.1b | 5.9x | 6.1x | 2.9x |
| Sun, 06 Jun 2021 | HK$71.7b | HK$24.3b | HK$7.5b | 6.7x | 9.5x | 2.9x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Consumer Finance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 356x which is higher than its 3-year average PE of 10.4x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Consumer Finance industry have declined 78% 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 Trends
Which industries have driven the changes within the Hong Kong Financials industry?
| HK Market | -2.07% | |
| Financials | -3.70% | |
| Consumer Finance | -2.37% | |
| Consumer Finance | -2.37% | |
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 | |
|---|---|---|---|---|---|
| 2051 51 Credit Card | HK$0.17 | 31.6% +HK$57.0m | 103.5% | PE20x | |
| 474 Aceso Life Science Group | HK$0.15 | 3.5% +HK$36.9m | 18.4% | PS5.5x | |
| 2483 K Cash Fintech | HK$1.76 | 2.3% +HK$20.0m | n/a | PE17.1x | |
| 2003 VCREDIT Holdings | HK$2.36 | 1.3% +HK$14.7m | -21.3% | PE2.4x | |
| 1915 Yangzhou Guangling District Taihe Rural Micro-finance | HK$0.57 | 3.6% +HK$12.0m | -26.0% | PS6.1x |
