C&D International Investment Group Limited's (HKG:1908) Shares Bounce 32% But Its Business Still Trails The Market
May 26
Hong Kong (HSI) Real Estate Development Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies112
- 7D-6.5%
- 3M12.9%
- 1Y-13.9%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has dropped 6.5%, driven by China Resources Land declining 7.0%. Meanwhile, Radiance Holdings (Group) actually outperformed within the industry, gaining 49% in the last week. However, the industry is down 14% over the past year. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Hong Kong Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$1.1t | HK$3.2t | -HK$144,007,492,738.26 | 6.2x | -7.7x | 0.3x |
| Sat, 27 Apr 2024 | HK$1.0t | HK$3.3t | -HK$153,327,504,061.63 | 5.4x | -6.6x | 0.3x |
| Mon, 25 Mar 2024 | HK$953.5b | HK$3.1t | -HK$230,513,131,923.21 | 5x | -4.1x | 0.3x |
| Wed, 21 Feb 2024 | HK$972.1b | HK$3.1t | -HK$213,400,412,095.40 | 4.8x | -4.6x | 0.3x |
| Fri, 19 Jan 2024 | HK$969.6b | HK$3.2t | -HK$218,315,275,436.00 | 5.1x | -4.4x | 0.3x |
| Sun, 17 Dec 2023 | HK$1.1t | HK$3.3t | -HK$220,396,687,178.00 | 5.8x | -5.1x | 0.3x |
| Tue, 14 Nov 2023 | HK$1.1t | HK$3.2t | -HK$210,553,178,232.00 | 6.1x | -5.3x | 0.4x |
| Thu, 12 Oct 2023 | HK$1.2t | HK$3.2t | -HK$210,440,072,171.00 | 7.2x | -5.8x | 0.4x |
| Sat, 09 Sep 2023 | HK$1.3t | HK$3.3t | -HK$188,427,739,675.00 | 7.4x | -7.1x | 0.4x |
| Mon, 07 Aug 2023 | HK$1.4t | HK$3.9t | -HK$73,705,348,030.00 | 6.7x | -19.6x | 0.4x |
| Wed, 05 Jul 2023 | HK$1.4t | HK$4.0t | -HK$33,511,239,895.00 | 6.6x | -42.6x | 0.4x |
| Fri, 02 Jun 2023 | HK$1.3t | HK$4.1t | -HK$33,135,006,666.00 | 5.9x | -39.6x | 0.3x |
| Sun, 30 Apr 2023 | HK$1.6t | HK$4.2t | -HK$16,359,107,232.00 | 6.6x | -96.5x | 0.4x |
| Tue, 28 Mar 2023 | HK$1.6t | HK$4.7t | HK$246.1b | 4.9x | 6.4x | 0.3x |
| Thu, 23 Feb 2023 | HK$1.7t | HK$4.8t | HK$284.6b | 4.7x | 6.1x | 0.4x |
| Sat, 21 Jan 2023 | HK$1.8t | HK$4.8t | HK$289.1b | 4.8x | 6.2x | 0.4x |
| Mon, 19 Dec 2022 | HK$1.7t | HK$4.7t | HK$284.7b | 5x | 6x | 0.4x |
| Wed, 16 Nov 2022 | HK$1.6t | HK$4.7t | HK$286.4b | 3.9x | 5.6x | 0.3x |
| Fri, 14 Oct 2022 | HK$1.4t | HK$4.7t | HK$285.1b | 3.6x | 5.1x | 0.3x |
| Sun, 11 Sep 2022 | HK$1.8t | HK$4.8t | HK$289.8b | 4.8x | 6.1x | 0.4x |
| Tue, 09 Aug 2022 | HK$1.7t | HK$5.1t | HK$418.6b | 4.3x | 4.1x | 0.3x |
| Thu, 07 Jul 2022 | HK$2.0t | HK$5.1t | HK$417.6b | 4.7x | 4.8x | 0.4x |
| Sat, 04 Jun 2022 | HK$2.0t | HK$5.1t | HK$423.1b | 4.8x | 4.7x | 0.4x |
| Mon, 02 May 2022 | HK$2.1t | HK$5.2t | HK$426.6b | 5x | 4.9x | 0.4x |
| Wed, 30 Mar 2022 | HK$2.0t | HK$5.3t | HK$518.0b | 4.3x | 3.9x | 0.4x |
| Fri, 25 Feb 2022 | HK$2.2t | HK$5.2t | HK$519.9b | 4.3x | 4.2x | 0.4x |
| Sun, 23 Jan 2022 | HK$2.4t | HK$5.2t | HK$512.4b | 4.7x | 4.6x | 0.5x |
| Tue, 21 Dec 2021 | HK$2.1t | HK$5.2t | HK$510.8b | 4.4x | 4x | 0.4x |
| Thu, 18 Nov 2021 | HK$2.2t | HK$5.2t | HK$507.3b | 4.7x | 4.4x | 0.4x |
| Sat, 16 Oct 2021 | HK$2.3t | HK$5.1t | HK$502.0b | 4.8x | 4.5x | 0.4x |
| Mon, 13 Sep 2021 | HK$2.4t | HK$5.1t | HK$498.4b | 5.1x | 4.9x | 0.5x |
| Wed, 11 Aug 2021 | HK$2.6t | HK$5.1t | HK$494.5b | 5.2x | 5.2x | 0.5x |
| Sun, 06 Jun 2021 | HK$3.0t | HK$4.8t | HK$468.4b | 5.9x | 6.4x | 0.6x |
Price to Earnings Ratio
6.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Real Estate Development industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 13% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Real Estate Development compare with similar industries?
| HK Market | -2.07% | |
| Real Estate | -6.27% | |
| Real Estate | -6.58% | |
| Real Estate Development | -6.46% | |
| Diversified Real Estate | -4.76% | |
| Real Estate Operating Companies | -8.56% | |
| Real Estate Services | -11.07% | |
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 | |
|---|---|---|---|---|---|
| 9993 Radiance Holdings (Group) | HK$3.26 | 48.9% +HK$4.3b | -8.7% | PS0.4x | |
| 147 International Business Settlement Holdings | HK$0.084 | 20.0% +HK$284.5m | 40.0% | PS1.9x | |
| 1224 C C Land Holdings | HK$1.21 | 4.3% +HK$194.1m | -24.4% | PS9.9x | |
| 258 Tomson Group | HK$1.72 | 2.4% +HK$82.1m | 6.8% | PE82.7x | |
| 618 Peking University Resources (Holdings) | HK$0.33 | 8.2% +HK$68.4m | -41.9% | PE0.8x |
