Has the Hong Kong Auto Components Industry valuation changed over the past few years?

Investors are optimistic on the Hong Kong Auto Components industry, and appear confident in long term growth rates. The industry is trading at a PE ratio of 31.3x which is higher than its 3-year average PE of 16.7x. The industry is trading close to its 3-year average PS ratio of 0.48x.

Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?

Investors are most optimistic about the Auto Parts and Equipment industry which is trading above its 3-year average PE ratio of 19.2x. Analysts are expecting annual earnings growth of 41.2%, which is higher than its past year's earnings decline of 14.0% per year. Investors are most pessimistic about the Tires and Rubber industry, which is trading close to its 3-year average of 4.8x.

Hong Kong (HSI) Auto Components Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 21 Sep 2026	HK$182.9b	HK$360.9b	HK$5.8b	12x	31.3x	0.5x
Wed, 19 Aug 2026	HK$188.3b	HK$354.7b	HK$7.7b	12.6x	24.3x	0.5x
Fri, 17 Jul 2026	HK$180.0b	HK$352.7b	HK$7.6b	12.1x	23.8x	0.5x
Sun, 14 Jun 2026	HK$213.2b	HK$352.8b	HK$7.6b	12.8x	28.2x	0.6x
Tue, 12 May 2026	HK$244.6b	HK$350.9b	HK$8.0b	14.5x	30.5x	0.7x
Thu, 09 Apr 2026	HK$236.8b	HK$344.0b	HK$7.8b	14.4x	30.2x	0.7x
Sat, 07 Mar 2026	HK$242.0b	HK$327.1b	HK$10.1b	11.2x	24x	0.7x
Mon, 02 Feb 2026	HK$241.6b	HK$324.8b	HK$10.0b	12x	24.1x	0.7x
Wed, 31 Dec 2025	HK$225.1b	HK$322.2b	HK$9.9b	11.9x	22.6x	0.7x
Fri, 28 Nov 2025	HK$218.0b	HK$318.6b	HK$9.8b	12.3x	22.2x	0.7x
Sun, 26 Oct 2025	HK$215.5b	HK$308.4b	HK$9.8b	11.6x	22x	0.7x
Tue, 23 Sep 2025	HK$213.5b	HK$308.1b	HK$10.0b	12.1x	21.3x	0.7x
Thu, 21 Aug 2025	HK$176.3b	HK$325.0b	HK$10.3b	11.7x	17.1x	0.5x
Sat, 19 Jul 2025	HK$163.7b	HK$325.1b	HK$9.9b	11.8x	16.5x	0.5x
Mon, 16 Jun 2025	HK$140.8b	HK$325.0b	HK$9.9b	9.3x	14.2x	0.4x
Wed, 14 May 2025	HK$140.0b	HK$320.5b	HK$9.6b	9.2x	14.6x	0.4x
Fri, 11 Apr 2025	HK$118.2b	HK$314.4b	HK$9.4b	8.3x	12.6x	0.4x
Sun, 09 Mar 2025	HK$145.4b	HK$326.9b	HK$10.0b	7.9x	14.5x	0.4x
Tue, 04 Feb 2025	HK$112.4b	HK$327.3b	HK$10.0b	7.1x	11.2x	0.3x
Thu, 02 Jan 2025	HK$104.1b	HK$323.9b	HK$10.1b	7x	10.3x	0.3x
Sat, 30 Nov 2024	HK$96.7b	HK$326.6b	HK$10.2b	6.6x	9.5x	0.3x
Mon, 28 Oct 2024	HK$102.1b	HK$330.8b	HK$10.2b	7.8x	10x	0.3x
Wed, 25 Sep 2024	HK$96.8b	HK$335.3b	HK$10.3b	7.3x	9.4x	0.3x
Fri, 23 Aug 2024	HK$87.9b	HK$315.5b	HK$9.7b	5.8x	9.1x	0.3x
Sun, 21 Jul 2024	HK$93.3b	HK$309.7b	HK$9.4b	6.6x	9.9x	0.3x
Tue, 18 Jun 2024	HK$110.8b	HK$310.3b	HK$9.4b	6.6x	11.7x	0.4x
Thu, 16 May 2024	HK$114.5b	HK$311.4b	HK$9.4b	6.6x	12.2x	0.4x
Sat, 13 Apr 2024	HK$121.5b	HK$311.8b	HK$9.4b	6.7x	12.9x	0.4x
Mon, 11 Mar 2024	HK$112.4b	HK$299.4b	HK$10.1b	7.6x	11.1x	0.4x
Wed, 07 Feb 2024	HK$105.2b	HK$302.1b	HK$10.0b	7.5x	10.6x	0.3x
Fri, 05 Jan 2024	HK$119.5b	HK$300.1b	HK$9.9b	7.6x	12.1x	0.4x
Sun, 03 Dec 2023	HK$120.2b	HK$299.1b	HK$10.1b	7.4x	11.9x	0.4x
Tue, 31 Oct 2023	HK$118.5b	HK$292.3b	HK$9.4b	8.4x	12.6x	0.4x
Thu, 28 Sep 2023	HK$123.1b	HK$292.4b	HK$9.4b	8.4x	13.1x	0.4x


HK Market	-0.71%
Consumer Discretionary	0.24%
Auto Components	5.02%
Auto Parts and Equipment	5.18%
Tires and Rubber	0.91%

Company	Last Price	7D	1Y	Valuation
3931 CALB Group	HK$19.21	13.5% +HK$4.1b	-28.4%	PE15x
2339 BeijingWest Industries International	HK$6.50	31.3% +HK$2.0b	855.9%	PS2.9x
2889 PATEO CONNECT Technology (Shanghai)	HK$92.55	6.3% +HK$817.5m	n/a	PS3.4x
179 Johnson Electric Holdings	HK$18.78	4.0% +HK$676.5m	-55.0%	PE11x
2025 Ruifeng Power Group	HK$12.70	4.1% +HK$400.0m	75.2%	PE401.4x

Announcement • Sep 19

Seyond Holdings Ltd. Announces Update on Patent Infringement Lawsuits Involving Hesai Technology

Seyond Holdings Ltd. and its subsidiaries (collectively the Group) published an announcement on a voluntary basis. Reference is made to the Company’s announcements dated December 18, 2025 and July 14, 2026 in relation to the patent infringement lawsuits filed by Hesai Technology Co. Ltd. and its affiliates (collectively, Hesai Technology) against certain members of the Group with the Hangzhou Intermediate People’s Court of Zhejiang Province (the Hangzhou Intermediate Court). The Company announced the latest developments in the above lawsuits as follows. As of the date of this announcement, Hesai Technology and its affiliates have filed a total of two patent infringement lawsuits against certain members of the Group with the Hangzhou Intermediate Court, all of which have recently been concluded at first instance by the Hangzhou Intermediate Court. All of these cases were voluntarily withdrawn upon application by the plaintiffs after the patents at issue were invalidated in their entirety, and the Hangzhou Intermediate People’s Court has issued rulings granting permission to withdraw the lawsuits for the two cases. The current status of each case is set out below: The first case: (case number: (2025) Zhe 01 Zhi Min Chu No. 136; patentee: Hesai Technology Co. Ltd.; patent number: ZL201810704708.3; patent title: Optical Transmission Module, Laser Emission Module, LiDAR System and Vehicle). In respect of the patent at issue in this case, the China National Intellectual Property Administration (CNIPA) recently issued Examination Decision No. 661151 on the Request for Invalidation, declaring the patent at issue invalid in its entirety. In this case, given that the patent at issue had been invalidated in its entirety, the plaintiff filed an application with the Hangzhou Intermediate Court to withdraw the action on September 14, 2026. On the following day, the Hangzhou Intermediate Court issued the civil ruling under (2025) Zhe 01 Zhi Min Chu No. 136, permitting Hesai Technology Co. Ltd. to withdraw the action. The second case: (case number: (2025) Zhe 01 Min Chu No. 3390; patentee: Hesai Technology Co. Ltd.; patent number: ZL201821017496.3; patent title: LiDAR System). In respect of the patent issue in this case, CNIPA recently issued Examination Decision No. 662417 on the Request for Invalidation, declaring the patent at issue invalid in its entirety. In this case, given that the patent at issue had been invalidated in its entirety, the plaintiff filed an application with the Hangzhou Intermediate Court to withdraw the action on September 11, 2026. On September 18, 2026, the Hangzhou Intermediate Court issued the civil ruling under (2025) Zhe 01 Min Chu No. 3390, permitting Hesai Technology Co. Ltd. to withdraw the action. The Hangzhou Intermediate Court has issued and served the rulings permitting the withdrawal of the actions in the above two cases, and the relevant litigation proceedings have been concluded. The patents at issue in the above two cases have each been declared invalid in their entirety by CNIPA. In accordance with the relevant provisions of the Patent Law of the People’s Republic of China, a patent right that has been declared invalid shall be deemed never to have existed from the outset. Taking into account that the Hangzhou Intermediate Court has issued and served the rulings permitting the withdrawal of the actions in the above two cases and that the relevant litigation proceedings have been concluded, the Board, based on the information currently available as of the date of this announcement, considers that the above litigation, taken as a whole, will not have any material adverse effect on the Group’s business operations, financial condition or prospects for development.

Hong Kong (HSI) Auto Components Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Key Executive recently bought HK$3.4m worth of stock

CTO & Executive Director recently bought HK$96k worth of stock

Seyond Holdings Ltd. Announces Update on Patent Infringement Lawsuits Involving Hesai Technology

New major risk - Financial position

First half 2026 earnings released: EPS: CN¥0.008 (vs CN¥0.012 in 1H 2025)

Johnson Electric Holdings Limited Announces Appointment and Resignation of Company Secretary, Effective September 9, 2026

Investor sentiment deteriorates as stock falls 17%

New major risk - Financial position

New minor risk - Financial position

First half 2026 earnings released: HK$0.032 loss per share (vs HK$0.034 loss in 1H 2025)

New major risk - Revenue and earnings growth

Second quarter 2026 earnings released

First half 2026 earnings released

Ruifeng Power Group Company Limited to Report First Half, 2026 Results on Aug 28, 2026

TOMO Holdings Limited to Report First Half, 2026 Results on Aug 31, 2026