Subdued Growth No Barrier To China Energy Storage Technology Development Limited's (HKG:1143) Price
May 13
Hong Kong (HSI) Electronic Manufacturing Services Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies18
- 7D-8.9%
- 3M27.2%
- 1Y12.6%
- YTDn/a
Over the last 7 days, the Electronic Manufacturing Services industry has dropped 8.9%, driven by a pullback from AAC Technologies Holdings of 11%. Meanwhile, China Energy Storage Technology Development actually outperformed within the industry, gaining 13% in the last week. Over the past 12 months, the industry was up 13%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Hong Kong Electronic Manufacturing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$41.7b | HK$98.5b | -HK$642,118,230.75 | 6.6x | -65x | 0.4x |
| Tue, 16 Apr 2024 | HK$42.4b | HK$98.7b | -HK$644,633,052.92 | 5.4x | -65.8x | 0.4x |
| Thu, 14 Mar 2024 | HK$38.5b | HK$100.0b | -HK$456,934,652.97 | 5.8x | -84.3x | 0.4x |
| Sat, 10 Feb 2024 | HK$31.4b | HK$111.7b | -HK$284,844,836.30 | 5.9x | -110.3x | 0.3x |
| Mon, 08 Jan 2024 | HK$36.8b | HK$112.2b | -HK$365,212,553.00 | 5.9x | -100.7x | 0.3x |
| Wed, 06 Dec 2023 | HK$34.2b | HK$109.4b | -HK$89,716,165.00 | 6.2x | -380.7x | 0.3x |
| Fri, 03 Nov 2023 | HK$28.5b | HK$109.1b | -HK$89,220,553.00 | 6.4x | -319.5x | 0.3x |
| Sun, 01 Oct 2023 | HK$27.9b | HK$109.2b | -HK$88,514,511.00 | 7.1x | -315.3x | 0.3x |
| Tue, 29 Aug 2023 | HK$31.0b | HK$109.7b | -HK$873,057.00 | 6.7x | -35564.1x | 0.3x |
| Thu, 27 Jul 2023 | HK$35.5b | HK$123.1b | HK$735.7m | 5.9x | 48.3x | 0.3x |
| Sat, 24 Jun 2023 | HK$40.4b | HK$124.5b | HK$1.1b | 6.2x | 37x | 0.3x |
| Mon, 22 May 2023 | HK$43.4b | HK$134.3b | HK$907.9m | 6.5x | 47.8x | 0.3x |
| Wed, 19 Apr 2023 | HK$41.6b | HK$135.2b | HK$917.4m | 6.3x | 45.4x | 0.3x |
| Fri, 17 Mar 2023 | HK$42.9b | HK$137.4b | HK$1.1b | 4.9x | 38.2x | 0.3x |
| Sun, 12 Feb 2023 | HK$51.0b | HK$132.8b | HK$2.2b | 6.3x | 23.5x | 0.4x |
| Tue, 10 Jan 2023 | HK$45.3b | HK$132.4b | HK$2.2b | 5.4x | 21x | 0.3x |
| Thu, 08 Dec 2022 | HK$47.6b | HK$122.5b | HK$2.4b | 5.6x | 20.1x | 0.4x |
| Sat, 05 Nov 2022 | HK$47.6b | HK$120.8b | HK$2.3b | 5.1x | 20.5x | 0.4x |
| Mon, 03 Oct 2022 | HK$42.0b | HK$121.4b | HK$2.3b | 6.5x | 18x | 0.3x |
| Wed, 31 Aug 2022 | HK$46.4b | HK$122.2b | HK$2.3b | 8.1x | 20x | 0.4x |
| Fri, 29 Jul 2022 | HK$48.4b | HK$121.8b | HK$2.6b | 7.5x | 18.4x | 0.4x |
| Sun, 26 Jun 2022 | HK$51.8b | HK$121.7b | HK$2.5b | 7.8x | 20.4x | 0.4x |
| Tue, 24 May 2022 | HK$49.5b | HK$121.6b | HK$2.6b | 7.5x | 18.7x | 0.4x |
| Thu, 21 Apr 2022 | HK$51.3b | HK$121.8b | HK$3.1b | 7.5x | 16.5x | 0.4x |
| Sat, 19 Mar 2022 | HK$51.4b | HK$120.9b | HK$3.5b | 7.2x | 14.7x | 0.4x |
| Mon, 14 Feb 2022 | HK$62.6b | HK$124.9b | HK$2.0b | 8.7x | 30.7x | 0.5x |
| Wed, 12 Jan 2022 | HK$75.9b | HK$124.8b | HK$2.0b | 9.6x | 37.5x | 0.6x |
| Fri, 10 Dec 2021 | HK$75.4b | HK$124.8b | HK$1.9b | 10.5x | 38.8x | 0.6x |
| Sun, 07 Nov 2021 | HK$72.7b | HK$124.2b | HK$2.2b | 11.1x | 32.5x | 0.6x |
| Tue, 05 Oct 2021 | HK$79.4b | HK$124.1b | HK$2.2b | 10.4x | 35.8x | 0.6x |
| Thu, 02 Sep 2021 | HK$89.7b | HK$123.8b | HK$2.2b | 13.6x | 40.5x | 0.7x |
| Sat, 31 Jul 2021 | HK$91.9b | HK$123.8b | HK$2.2b | 14.4x | 41.6x | 0.7x |
Price to Earnings Ratio
64.2x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Electronic Manufacturing Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
- Total earnings for the Electronic Manufacturing Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 6.6% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Electronic Manufacturing Services compare with similar industries?
| HK Market | 2.56% | |
| Tech | 1.60% | |
| Electronic Equipment and Components | 2.64% | |
| Electronic Manufacturing Services | -8.89% | |
| Electronic Components | 5.55% | |
| Electronic Equipment and Instruments | 4.76% | |
| Technology Distributors | 0.59% | |
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 | |
|---|---|---|---|---|---|
| 1143 China Energy Storage Technology Development | HK$2.34 | 13.0% +HK$55.9m | 3.5% | PE92.2x | |
| 1611 Sinohope Technology Holdings | HK$2.81 | 2.2% +HK$28.0m | 13.3% | PS0.5x | |
| 1050 Karrie International Holdings | HK$0.53 | 1.9% +HK$20.2m | -38.4% | PE6.6x | |
| 76 Elate Holdings | HK$0.35 | 14.8% +HK$16.3m | 37.3% | PE9x | |
| 1480 Yan Tat Group Holdings | HK$1.30 | 4.8% +HK$14.4m | 0% | PE4.2x |
