C&D Property Management Group (HKG:2156) Is Increasing Its Dividend To CN¥0.26
May 10
Hong Kong (HSI) Real Estate Operating Companies Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies102
- 7D8.2%
- 3M15.0%
- 1Y-23.3%
- YTDn/a
The Real Estate Operating Companies industry is up 6.6% in the last week, with China Resources Mixc Lifestyle Services up 11%. Meanwhile, Ronshine Service Holding actually underperformed within the industry, shrinking 15% in the last week. In the past year, the industry is down 26%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Hong Kong Real Estate Operating Companies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$530.7b | HK$366.6b | HK$22.0b | 8.5x | 24.1x | 1.4x |
| Tue, 16 Apr 2024 | HK$443.6b | HK$367.4b | HK$23.9b | 7.7x | 18.6x | 1.2x |
| Thu, 14 Mar 2024 | HK$471.8b | HK$343.5b | HK$28.2b | 6.5x | 16.7x | 1.4x |
| Sat, 10 Feb 2024 | HK$445.9b | HK$330.5b | HK$11.4b | 6.2x | 39x | 1.3x |
| Mon, 08 Jan 2024 | HK$506.7b | HK$348.8b | HK$7.9b | 7.1x | 64x | 1.5x |
| Wed, 06 Dec 2023 | HK$509.5b | HK$348.7b | HK$8.1b | 6.3x | 62.7x | 1.5x |
| Fri, 03 Nov 2023 | HK$537.3b | HK$343.0b | HK$6.3b | 6.5x | 85x | 1.6x |
| Sun, 01 Oct 2023 | HK$573.3b | HK$344.4b | HK$7.4b | 6.9x | 77.5x | 1.7x |
| Tue, 29 Aug 2023 | HK$610.9b | HK$339.6b | HK$9.6b | 7.1x | 63.7x | 1.8x |
| Thu, 27 Jul 2023 | HK$697.4b | HK$354.0b | HK$11.4b | 8x | 61x | 2x |
| Sat, 24 Jun 2023 | HK$695.3b | HK$353.9b | HK$9.7b | 7.6x | 71.5x | 2x |
| Mon, 22 May 2023 | HK$722.4b | HK$359.4b | HK$10.0b | 8.5x | 72.1x | 2x |
| Wed, 19 Apr 2023 | HK$819.2b | HK$366.4b | HK$11.4b | 8.6x | 72.1x | 2.2x |
| Fri, 17 Mar 2023 | HK$793.3b | HK$353.2b | HK$19.4b | 7.5x | 40.8x | 2.2x |
| Sun, 12 Feb 2023 | HK$865.0b | HK$357.5b | HK$33.0b | 8.1x | 26.2x | 2.4x |
| Tue, 10 Jan 2023 | HK$908.4b | HK$357.7b | HK$32.5b | 8.7x | 28x | 2.5x |
| Thu, 08 Dec 2022 | HK$822.7b | HK$349.0b | HK$32.1b | 8.5x | 25.6x | 2.4x |
| Sat, 05 Nov 2022 | HK$635.8b | HK$340.9b | HK$33.0b | 7.4x | 19.2x | 1.9x |
| Mon, 03 Oct 2022 | HK$708.6b | HK$346.3b | HK$34.2b | 7.3x | 20.7x | 2x |
| Wed, 31 Aug 2022 | HK$720.2b | HK$322.7b | HK$36.2b | 7.4x | 19.9x | 2.2x |
| Fri, 29 Jul 2022 | HK$768.4b | HK$310.8b | HK$39.7b | 8.6x | 19.3x | 2.5x |
| Sun, 26 Jun 2022 | HK$864.4b | HK$311.0b | HK$41.6b | 9.2x | 20.8x | 2.8x |
| Tue, 24 May 2022 | HK$868.5b | HK$310.8b | HK$42.0b | 8.8x | 20.7x | 2.8x |
| Thu, 21 Apr 2022 | HK$912.7b | HK$320.9b | HK$43.2b | 9.3x | 21.1x | 2.8x |
| Sat, 19 Mar 2022 | HK$938.5b | HK$298.3b | HK$49.9b | 9.6x | 18.8x | 3.1x |
| Mon, 14 Feb 2022 | HK$1.1t | HK$293.6b | HK$40.0b | 11.3x | 27.7x | 3.8x |
| Wed, 12 Jan 2022 | HK$1.0t | HK$291.5b | HK$37.3b | 11.1x | 27.5x | 3.5x |
| Fri, 10 Dec 2021 | HK$1.1t | HK$292.4b | HK$37.0b | 12.3x | 30.1x | 3.8x |
| Sun, 07 Nov 2021 | HK$1.1t | HK$288.9b | HK$36.4b | 11.9x | 30.9x | 3.9x |
| Tue, 05 Oct 2021 | HK$1.1t | HK$276.3b | HK$33.3b | 13.3x | 34.1x | 4.1x |
| Thu, 02 Sep 2021 | HK$1.2t | HK$275.3b | HK$32.6b | 15.1x | 36.5x | 4.3x |
| Sat, 31 Jul 2021 | HK$1.2t | HK$275.3b | HK$32.6b | 15.1x | 37.5x | 4.4x |
Price to Earnings Ratio
76.2x
Current Industry PE
- Investors are pessimistic on the Hong Kong Real Estate Operating Companies 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 23.2x which is lower than its 3-year average PE of 40.9x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Real Estate Operating Companies industry have grown 5.8% per year over the last three years.
- Revenues for these companies have grown 15% 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 Real Estate Operating Companies compare with similar industries?
| HK Market | 2.56% | |
| Real Estate | 7.25% | |
| Real Estate | 7.48% | |
| Real Estate Operating Companies | 8.21% | |
| Real Estate Services | 15.12% | |
| Real Estate Development | 7.93% | |
| Diversified Real Estate | 5.54% | |
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 | |
|---|---|---|---|---|---|
| 1209 China Resources Mixc Lifestyle Services | HK$33.10 | 12.6% +HK$8.4b | -10.5% | PE23.9x | |
| 1997 Wharf Real Estate Investment | HK$27.35 | 7.9% +HK$6.1b | -31.7% | PE17.4x | |
| 2602 Onewo | HK$27.30 | 13.5% +HK$3.8b | -5.5% | PE15.2x | |
| 1972 Swire Properties | HK$15.58 | 3.6% +HK$3.2b | -21.8% | PE34.6x | |
| 6098 Country Garden Services Holdings | HK$6.82 | 13.7% +HK$2.7b | -31.4% | PE72.2x |
