Leadway Technology Investment Group Limited (HKG:2086) May Have Run Too Fast Too Soon With Recent 31% Price Plummet
May 31
Hong Kong (HSI) Tech Hardware Storage and Peripherals Industry Analysis
UpdatedJun 01, 2024
DataAggregated Company Financials
Companies16
- 7D-2.8%
- 3M28.3%
- 1Y55.1%
- YTDn/a
Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 4.4%, driven by a pullback from Xiaomi of 4.5%. Over the past 12 months, the industry was up 63%. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Hong Kong Tech Hardware Storage and Peripherals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Jun 2024 | HK$601.3b | HK$1.3t | HK$22.5b | 19.8x | 26.8x | 0.5x |
| Mon, 29 Apr 2024 | HK$571.6b | HK$1.2t | HK$20.6b | 18.6x | 27.8x | 0.5x |
| Wed, 27 Mar 2024 | HK$518.6b | HK$1.2t | HK$25.4b | 20.2x | 20.4x | 0.4x |
| Fri, 23 Feb 2024 | HK$466.7b | HK$1.2t | HK$24.4b | 16.8x | 19.1x | 0.4x |
| Sun, 21 Jan 2024 | HK$476.2b | HK$1.2t | HK$24.6b | 15.8x | 19.3x | 0.4x |
| Tue, 19 Dec 2023 | HK$551.3b | HK$1.2t | HK$24.6b | 16.5x | 22.4x | 0.4x |
| Thu, 16 Nov 2023 | HK$566.2b | HK$1.2t | HK$19.8b | 14.2x | 28.6x | 0.5x |
| Sat, 14 Oct 2023 | HK$448.0b | HK$1.2t | HK$19.8b | 17.5x | 22.7x | 0.4x |
| Mon, 11 Sep 2023 | HK$427.5b | HK$1.2t | HK$19.8b | 21x | 21.5x | 0.3x |
| Wed, 09 Aug 2023 | HK$432.8b | HK$1.3t | HK$22.7b | 13.1x | 19.1x | 0.3x |
| Fri, 07 Jul 2023 | HK$408.1b | HK$1.3t | HK$22.6b | 12.8x | 18x | 0.3x |
| Sun, 04 Jun 2023 | HK$388.2b | HK$1.3t | HK$22.9b | 13.2x | 16.9x | 0.3x |
| Tue, 02 May 2023 | HK$403.2b | HK$1.4t | HK$20.1b | 13.4x | 20x | 0.3x |
| Thu, 30 Mar 2023 | HK$437.5b | HK$1.4t | HK$20.8b | 10.5x | 21x | 0.3x |
| Sat, 25 Feb 2023 | HK$417.8b | HK$1.5t | HK$21.6b | 10.8x | 19.4x | 0.3x |
| Mon, 23 Jan 2023 | HK$403.6b | HK$1.5t | HK$23.2b | 11x | 17.4x | 0.3x |
| Wed, 21 Dec 2022 | HK$368.0b | HK$1.5t | HK$23.0b | 10.2x | 16x | 0.2x |
| Fri, 18 Nov 2022 | HK$362.7b | HK$1.5t | HK$25.5b | 9.7x | 14.2x | 0.2x |
| Sun, 16 Oct 2022 | HK$306.8b | HK$1.5t | HK$25.3b | 8.8x | 12.1x | 0.2x |
| Tue, 13 Sep 2022 | HK$373.3b | HK$1.5t | HK$27.3b | 7.8x | 13.7x | 0.2x |
| Thu, 11 Aug 2022 | HK$401.8b | HK$1.5t | HK$38.1b | 6.7x | 10.5x | 0.3x |
| Sat, 09 Jul 2022 | HK$451.2b | HK$1.5t | HK$38.2b | 5.4x | 11.8x | 0.3x |
| Mon, 06 Jun 2022 | HK$444.9b | HK$1.6t | HK$38.7b | 6.8x | 11.5x | 0.3x |
| Wed, 04 May 2022 | HK$437.0b | HK$1.6t | HK$47.2b | 9.3x | 9.3x | 0.3x |
| Fri, 01 Apr 2022 | HK$505.0b | HK$1.6t | HK$65.0b | 7.1x | 7.8x | 0.3x |
| Sun, 27 Feb 2022 | HK$532.1b | HK$1.5t | HK$71.9b | 11.8x | 7.4x | 0.3x |
| Tue, 25 Jan 2022 | HK$612.0b | HK$1.5t | HK$69.4b | 9.6x | 8.8x | 0.4x |
| Thu, 23 Dec 2021 | HK$630.6b | HK$1.5t | HK$69.2b | 8.6x | 9.1x | 0.4x |
| Sat, 20 Nov 2021 | HK$688.0b | HK$1.5t | HK$74.0b | 8.4x | 9.3x | 0.5x |
| Mon, 18 Oct 2021 | HK$680.9b | HK$1.5t | HK$71.9b | 8.8x | 9.5x | 0.5x |
| Wed, 15 Sep 2021 | HK$742.0b | HK$1.5t | HK$71.6b | 8.9x | 10.4x | 0.5x |
| Fri, 13 Aug 2021 | HK$786.7b | HK$1.5t | HK$71.6b | 8.8x | 11x | 0.5x |
| Tue, 08 Jun 2021 | HK$904.1b | HK$1.4t | HK$60.4b | 11.3x | 15x | 0.7x |
Price to Earnings Ratio
15x
Current Industry PE
- Investors are optimistic on the Hong Kong Technology Hardware, Storage and Peripherals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.2x which is higher than its 3-year average PE of 15.8x.
- The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
- The earnings for companies in the Technology Hardware, Storage and Peripherals industry have declined 28% per year over the last three years,
- Revenues have also declined 2.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Tech Hardware Storage and Peripherals compare with similar industries?
| HK Market | -2.29% | |
| Tech | 0.20% | |
| Tech Hardware | -2.79% | |
| Tech Hardware Storage and Peripherals | -2.79% | |
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 | |
|---|---|---|---|---|---|
| 992 Lenovo Group | HK$11.22 | 1.4% +HK$2.0b | 49.6% | PE17.6x | |
| 3396 Legend Holdings | HK$6.84 | 10.3% +HK$1.5b | -11.7% | PS0.03x | |
| 2385 Readboy Education Holding | HK$7.40 | 0.5% +HK$13.4m | -11.7% | PS6.4x | |
| 465 Futong Technology Development Holdings | HK$0.48 | 5.5% +HK$7.8m | 92.0% | PS1x | |
| 2028 Jolimark Holdings | HK$0.09 | 13.9% +HK$6.7m | -48.0% | PS0.3x |
