Investors Aren't Entirely Convinced By Binjiang Service Group Co. Ltd.'s (HKG:3316) Earnings
May 27
Hong Kong (HSI) Diversified Support Services Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies14
- 7D-2.1%
- 3M53.0%
- 1Y-10.6%
- YTDn/a
Over the last 7 days, the Diversified Support Services industry has dropped 1.1%, driven by a pullback from TUHU Car of 1.7%. On the other hand Riverine China Holdings is actually up 6.3%. The industry has fallen 9.2% in the last year. In the next few years, earnings are forecast to decline by 38% annually.
Industry Valuation and Performance
Has the Hong Kong Diversified Support Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$38.3b | HK$22.2b | HK$7.8b | 6.6x | 4.9x | 1.7x |
| Sat, 27 Apr 2024 | HK$32.5b | HK$22.3b | HK$7.9b | 6.3x | 4.1x | 1.5x |
| Mon, 25 Mar 2024 | HK$23.1b | HK$21.8b | HK$7.8b | 7.2x | 3x | 1.1x |
| Wed, 21 Feb 2024 | HK$5.9b | HK$6.5b | HK$453.2m | 7x | 13.1x | 0.9x |
| Fri, 19 Jan 2024 | HK$7.8b | HK$7.0b | HK$486.4m | 8.6x | 16.1x | 1.1x |
| Sun, 17 Dec 2023 | HK$8.1b | HK$7.1b | HK$490.4m | 9x | 16.5x | 1.1x |
| Tue, 14 Nov 2023 | HK$8.1b | HK$6.8b | HK$428.5m | 12.1x | 19x | 1.2x |
| Thu, 12 Oct 2023 | HK$8.3b | HK$6.8b | HK$444.7m | 10.8x | 18.7x | 1.2x |
| Sat, 09 Sep 2023 | HK$9.0b | HK$6.7b | HK$449.1m | 11.9x | 20.1x | 1.3x |
| Mon, 07 Aug 2023 | HK$10.0b | HK$6.4b | HK$387.9m | 13.8x | 25.9x | 1.6x |
| Wed, 05 Jul 2023 | HK$9.4b | HK$6.3b | HK$386.1m | 15.5x | 24.4x | 1.5x |
| Fri, 02 Jun 2023 | HK$9.4b | HK$6.4b | HK$402.5m | 12.2x | 23.3x | 1.5x |
| Sun, 30 Apr 2023 | HK$10.7b | HK$6.5b | HK$406.9m | 13.4x | 26.2x | 1.7x |
| Tue, 28 Mar 2023 | HK$11.0b | HK$6.5b | HK$414.8m | 12.7x | 26.6x | 1.7x |
| Thu, 23 Feb 2023 | HK$11.2b | HK$6.1b | HK$362.4m | 11.9x | 30.8x | 1.8x |
| Sat, 21 Jan 2023 | HK$11.0b | HK$6.1b | HK$375.7m | 7.8x | 29.2x | 1.8x |
| Mon, 19 Dec 2022 | HK$10.5b | HK$6.0b | HK$360.3m | 8.4x | 29.2x | 1.8x |
| Wed, 16 Nov 2022 | HK$9.6b | HK$5.2b | HK$321.8m | 8.5x | 29.7x | 1.8x |
| Fri, 14 Oct 2022 | HK$9.7b | HK$5.1b | HK$296.8m | 16.9x | 32.8x | 1.9x |
| Sun, 11 Sep 2022 | HK$12.0b | HK$5.2b | HK$320.5m | 17.1x | 37.5x | 2.3x |
| Tue, 09 Aug 2022 | HK$10.7b | HK$5.1b | HK$295.8m | 15.4x | 36.1x | 2.1x |
| Thu, 07 Jul 2022 | HK$11.9b | HK$5.1b | HK$298.3m | 19.6x | 40.1x | 2.4x |
| Sat, 04 Jun 2022 | HK$11.2b | HK$4.8b | HK$317.3m | 20x | 35.4x | 2.4x |
| Mon, 02 May 2022 | HK$11.2b | HK$4.8b | HK$313.9m | 17.5x | 35.7x | 2.4x |
| Wed, 30 Mar 2022 | HK$10.5b | HK$4.7b | HK$225.9m | 17x | 46.3x | 2.2x |
| Fri, 25 Feb 2022 | HK$11.7b | HK$4.7b | HK$227.3m | 20.3x | 51.3x | 2.5x |
| Sun, 23 Jan 2022 | HK$11.7b | HK$4.7b | HK$232.8m | 20.2x | 50.4x | 2.5x |
| Tue, 21 Dec 2021 | HK$11.1b | HK$4.7b | HK$231.3m | 20.7x | 48.2x | 2.4x |
| Thu, 18 Nov 2021 | HK$12.0b | HK$4.8b | HK$226.2m | 18.4x | 53x | 2.5x |
| Sat, 16 Oct 2021 | HK$12.4b | HK$4.6b | HK$205.2m | 18x | 60.2x | 2.7x |
| Mon, 13 Sep 2021 | HK$11.5b | HK$4.6b | HK$175.3m | 18.2x | 65.6x | 2.5x |
| Wed, 11 Aug 2021 | HK$13.4b | HK$4.9b | HK$122.3m | 17.4x | 109.4x | 2.7x |
| Sun, 06 Jun 2021 | HK$13.9b | HK$4.6b | HK$100.2m | 18.7x | 139.2x | 3x |
Price to Earnings Ratio
139.2x
Current Industry PE
- Investors are pessimistic on the Hong Kong Diversified Support Services 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 5.1x which is lower than its 3-year average PE of 38.6x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Diversified Support Services industry have grown 328% per year over the last three years.
- Revenues for these companies have grown 69% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Diversified Support Services compare with similar industries?
| HK Market | -2.07% | |
| Industrials | -2.10% | |
| Commercial Services | -1.13% | |
| Diversified Support Services | -2.14% | |
| Office Services and Supplies | 2.38% | |
| Environmental and Facilities Services | -0.38% | |
| Commercial Printing | -1.06% | |
| Security and Alarm Services | -9.99% | |
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 | |
|---|---|---|---|---|---|
| 1417 Riverine China Holdings | HK$0.42 | 6.3% +HK$10.1m | -14.3% | PS0.2x | |
| 8027 KPM Holding | HK$0.20 | 12.2% +HK$5.2m | -27.9% | PS0.6x | |
| 8419 AV Promotions Holdings | HK$0.095 | 8.0% +HK$2.8m | -39.9% | PS0.3x | |
| 1867 Standard Development Group | HK$0.23 | 0.4% +HK$1.5m | 31.4% | PS0.5x | |
| 8201 PPS International (Holdings) | HK$0.074 | 2.8% +HK$1.1m | 13.8% | PS0.09x |
