Here's Why Shareholders Should Examine Kangda International Environmental Company Limited's (HKG:6136) CEO Compensation Package More Closely
May 29
Hong Kong (HSI) Water Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies12
- 7D2.5%
- 3M13.5%
- 1Y-10.7%
- YTDn/a
The Water industry is up 2.5% in the last week, with Beijing Enterprises Water Group up 2.4%. In contrast, the industry has lost 11% in the last 12 months. Looking forward, earnings are forecast to grow by 9.0% annually.
Industry Valuation and Performance
Has the Hong Kong Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$70.7b | HK$78.7b | HK$6.4b | 5.5x | 11x | 0.9x |
| Sat, 27 Apr 2024 | HK$57.0b | HK$78.8b | HK$6.4b | 4.7x | 8.9x | 0.7x |
| Mon, 25 Mar 2024 | HK$62.9b | HK$77.6b | HK$7.5b | 4.6x | 8.4x | 0.8x |
| Wed, 21 Feb 2024 | HK$61.9b | HK$77.6b | HK$7.5b | 4.5x | 8.2x | 0.8x |
| Fri, 19 Jan 2024 | HK$68.0b | HK$77.6b | HK$7.5b | 4x | 9x | 0.9x |
| Sun, 17 Dec 2023 | HK$62.0b | HK$77.7b | HK$7.5b | 4.1x | 8.2x | 0.8x |
| Tue, 14 Nov 2023 | HK$65.2b | HK$77.4b | HK$7.7b | 4.5x | 8.5x | 0.8x |
| Thu, 12 Oct 2023 | HK$67.3b | HK$78.2b | HK$8.1b | 4.6x | 8.3x | 0.9x |
| Sat, 09 Sep 2023 | HK$72.7b | HK$79.8b | HK$8.3b | 5.1x | 8.8x | 0.9x |
| Mon, 07 Aug 2023 | HK$77.5b | HK$78.9b | HK$7.5b | 6.9x | 10.3x | 1x |
| Wed, 05 Jul 2023 | HK$78.8b | HK$77.3b | HK$7.4b | 6x | 10.6x | 1x |
| Fri, 02 Jun 2023 | HK$80.1b | HK$76.6b | HK$7.4b | 6x | 10.8x | 1x |
| Sun, 30 Apr 2023 | HK$85.2b | HK$77.0b | HK$7.4b | 6.3x | 11.5x | 1.1x |
| Tue, 28 Mar 2023 | HK$86.6b | HK$80.5b | HK$8.6b | 5.7x | 10x | 1.1x |
| Thu, 23 Feb 2023 | HK$93.3b | HK$80.7b | HK$8.7b | 6.3x | 10.7x | 1.2x |
| Sat, 21 Jan 2023 | HK$97.3b | HK$81.0b | HK$8.7b | 6.1x | 11.2x | 1.2x |
| Mon, 19 Dec 2022 | HK$92.2b | HK$80.4b | HK$8.7b | 6x | 10.6x | 1.1x |
| Wed, 16 Nov 2022 | HK$82.1b | HK$80.0b | HK$8.7b | 5.4x | 9.4x | 1x |
| Fri, 14 Oct 2022 | HK$70.9b | HK$82.5b | HK$9.0b | 5.5x | 7.9x | 0.9x |
| Sun, 11 Sep 2022 | HK$85.5b | HK$83.0b | HK$8.9b | 6.2x | 9.6x | 1x |
| Tue, 09 Aug 2022 | HK$91.6b | HK$87.6b | HK$11.0b | 5.6x | 8.3x | 1x |
| Thu, 07 Jul 2022 | HK$97.4b | HK$87.7b | HK$11.1b | 5.3x | 8.8x | 1.1x |
| Sat, 04 Jun 2022 | HK$110.8b | HK$86.6b | HK$11.0b | 5.6x | 10x | 1.3x |
| Mon, 02 May 2022 | HK$113.5b | HK$87.5b | HK$10.9b | 5.8x | 10.4x | 1.3x |
| Wed, 30 Mar 2022 | HK$122.0b | HK$91.8b | HK$13.4b | 4.1x | 9.1x | 1.3x |
| Fri, 25 Feb 2022 | HK$123.5b | HK$91.8b | HK$13.5b | 4.2x | 9.1x | 1.3x |
| Sun, 23 Jan 2022 | HK$123.6b | HK$91.6b | HK$13.5b | 4.4x | 9.1x | 1.3x |
| Tue, 21 Dec 2021 | HK$114.8b | HK$91.6b | HK$13.5b | 4.2x | 8.5x | 1.3x |
| Thu, 18 Nov 2021 | HK$118.5b | HK$90.1b | HK$13.3b | 4.4x | 8.9x | 1.3x |
| Sat, 16 Oct 2021 | HK$119.6b | HK$88.0b | HK$12.8b | 4.8x | 9.3x | 1.4x |
| Mon, 13 Sep 2021 | HK$126.5b | HK$88.4b | HK$12.8b | 4.8x | 9.9x | 1.4x |
| Wed, 11 Aug 2021 | HK$122.3b | HK$88.4b | HK$12.8b | 5.4x | 9.6x | 1.4x |
| Sun, 06 Jun 2021 | HK$125.8b | HK$86.3b | HK$12.6b | 5.4x | 10x | 1.5x |
Price to Earnings Ratio
10x
Current Industry PE
- Investors are optimistic on the Hong Kong Water Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.0x which is higher than its 3-year average PE of 9.4x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have declined 20% per year over the last three years,
- Revenues have also declined 3.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Water compare with similar industries?
| HK Market | -0.73% | |
| Utilities | 1.81% | |
| Water Utilities | 2.46% | |
| Water | 2.46% | |
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 | |
|---|---|---|---|---|---|
| 371 Beijing Enterprises Water Group | HK$2.54 | 2.4% +HK$602.8m | 32.3% | PE13x | |
| 1853 Jilin Province Chuncheng Heating | HK$1.80 | 9.1% +HK$70.0m | -4.3% | PE6.4x | |
| 6136 Kangda International Environmental | HK$0.23 | 0.4% +HK$2.1m | -54.5% | PE3.6x | |
| 646 China Environmental Technology Holdings | HK$0.19 | 2.1% +HK$1.0m | -62.0% | PS3.1x |
