Kingboard Laminates Holdings Limited (HKG:1888) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
May 29
Hong Kong (HSI) Electronic Components Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies18
- 7D-2.2%
- 3M18.5%
- 1Y-12.9%
- YTDn/a
Over the last 7 days, the Electronic Components industry has dropped 2.2%, driven by declines in Kingboard Laminates Holdings and Sunny Optical Technology (Group) of 7.4% and 4.0%, respectively. On the other hand FIT Hon Teng is actually up 16%. Overall the industry is down 13% in 12 months. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Hong Kong Electronic Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$140.5b | HK$168.0b | HK$4.3b | 17.8x | 32.3x | 0.8x |
| Sat, 27 Apr 2024 | HK$118.5b | HK$168.1b | HK$4.4b | 16.6x | 27.2x | 0.7x |
| Mon, 25 Mar 2024 | HK$125.6b | HK$167.7b | HK$5.7b | 14.4x | 21.9x | 0.7x |
| Wed, 21 Feb 2024 | HK$114.1b | HK$169.1b | HK$6.2b | 9x | 18.5x | 0.7x |
| Fri, 19 Jan 2024 | HK$128.8b | HK$171.5b | HK$6.3b | 12.2x | 20.5x | 0.8x |
| Sun, 17 Dec 2023 | HK$158.5b | HK$171.7b | HK$6.3b | 13.8x | 25.2x | 0.9x |
| Tue, 14 Nov 2023 | HK$155.8b | HK$171.2b | HK$6.5b | 13.8x | 23.9x | 0.9x |
| Thu, 12 Oct 2023 | HK$134.8b | HK$171.3b | HK$6.5b | 13.2x | 20.7x | 0.8x |
| Sat, 09 Sep 2023 | HK$139.1b | HK$171.3b | HK$6.5b | 12.8x | 21.4x | 0.8x |
| Mon, 07 Aug 2023 | HK$160.3b | HK$197.1b | HK$11.1b | 9x | 14.5x | 0.8x |
| Wed, 05 Jul 2023 | HK$173.4b | HK$197.0b | HK$11.1b | 9.4x | 15.7x | 0.9x |
| Fri, 02 Jun 2023 | HK$162.0b | HK$197.7b | HK$11.0b | 7.8x | 14.7x | 0.8x |
| Sun, 30 Apr 2023 | HK$179.0b | HK$199.3b | HK$11.1b | 8.2x | 16.1x | 0.9x |
| Tue, 28 Mar 2023 | HK$205.0b | HK$215.1b | HK$18.5b | 7.2x | 11.1x | 1x |
| Thu, 23 Feb 2023 | HK$208.2b | HK$218.0b | HK$20.9b | 6.2x | 10x | 1x |
| Sat, 21 Jan 2023 | HK$225.6b | HK$218.5b | HK$20.9b | 5.8x | 10.8x | 1x |
| Mon, 19 Dec 2022 | HK$197.0b | HK$216.8b | HK$20.8b | 6.3x | 9.5x | 0.9x |
| Wed, 16 Nov 2022 | HK$195.9b | HK$216.9b | HK$20.6b | 5.7x | 9.5x | 0.9x |
| Fri, 14 Oct 2022 | HK$151.1b | HK$217.8b | HK$20.7b | 3.9x | 7.3x | 0.7x |
| Sun, 11 Sep 2022 | HK$200.9b | HK$219.2b | HK$20.9b | 4.6x | 9.6x | 0.9x |
| Tue, 09 Aug 2022 | HK$213.9b | HK$222.6b | HK$26.5b | 6.8x | 8.1x | 1x |
| Thu, 07 Jul 2022 | HK$219.9b | HK$222.9b | HK$26.6b | 6.3x | 8.3x | 1x |
| Sat, 04 Jun 2022 | HK$249.9b | HK$223.2b | HK$26.6b | 6.7x | 9.4x | 1.1x |
| Mon, 02 May 2022 | HK$237.8b | HK$223.5b | HK$26.6b | 6.2x | 9x | 1.1x |
| Wed, 30 Mar 2022 | HK$252.4b | HK$227.2b | HK$28.0b | 5.7x | 9x | 1.1x |
| Fri, 25 Feb 2022 | HK$322.4b | HK$217.2b | HK$24.2b | 8.1x | 13.3x | 1.5x |
| Sun, 23 Jan 2022 | HK$362.4b | HK$216.8b | HK$24.1b | 7.8x | 15x | 1.7x |
| Tue, 21 Dec 2021 | HK$375.0b | HK$216.7b | HK$24.1b | 7.5x | 15.6x | 1.7x |
| Thu, 18 Nov 2021 | HK$364.1b | HK$215.7b | HK$24.0b | 7.9x | 15.2x | 1.7x |
| Sat, 16 Oct 2021 | HK$334.6b | HK$215.3b | HK$23.8b | 9.1x | 14.1x | 1.6x |
| Mon, 13 Sep 2021 | HK$382.4b | HK$215.1b | HK$23.8b | 10.9x | 16.1x | 1.8x |
| Wed, 11 Aug 2021 | HK$375.0b | HK$215.1b | HK$23.8b | 11.1x | 15.8x | 1.7x |
| Sun, 06 Jun 2021 | HK$352.9b | HK$205.3b | HK$19.4b | 12x | 18.2x | 1.7x |
Price to Earnings Ratio
18.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Electronic Components industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.3x which is higher than its 3-year average PE of 15.3x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.84x.
Past Earnings Growth
- The earnings for companies in the Electronic Components industry have declined 39% per year over the last three years,
- Revenues have also declined 6.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Electronic Components compare with similar industries?
| HK Market | -2.07% | |
| Tech | -3.72% | |
| Electronic Equipment and Components | -2.99% | |
| Electronic Components | -2.24% | |
| Technology Distributors | -2.15% | |
| Electronic Manufacturing Services | -3.14% | |
| Electronic Equipment and Instruments | -4.32% | |
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 | |
|---|---|---|---|---|---|
| 6088 FIT Hon Teng | HK$2.53 | 15.5% +HK$2.4b | 74.5% | PE17.8x | |
| 2078 PanAsialum Holdings | HK$0.098 | 8.9% +HK$9.6m | -38.0% | PE4.3x | |
| 259 Yeebo (International Holdings) | HK$3.48 | 0.3% +HK$9.4m | 24.7% | PE7.6x | |
| 8375 Vertical International Holdings | HK$0.19 | 10.1% +HK$4.9m | 30.1% | PS0.6x | |
| 515 China Silver Technology Holdings | HK$0.13 | 4.9% +HK$4.8m | 16.4% | PS0.4x |
