Analysis Article • May 07
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Hong Kong (HSI) Home Furnishings Industry Analysis
UpdatedJun 23, 2026
DataAggregated Company Financials
Companies8
- 7D-7.4%
- 3M-25.3%
- 1Y-23.0%
- YTDn/a
Over the last 7 days, the Home Furnishings industry has dropped 7.1%, driven by Man Wah Holdings declining 8.0%. On the other hand Sinomax Group is actually up 8.1%. However, the industry is down 20% over the past year. Earnings are forecast to grow by 3.6% annually.
Industry Valuation and Performance
Has the Hong Kong Home Furnishings Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Jun 2026 | HK$14.5b | HK$24.8b | HK$1.3b | 8.7x | 11.3x | 0.6x |
| Thu, 21 May 2026 | HK$16.6b | HK$24.8b | HK$1.3b | 10.2x | 12.9x | 0.7x |
| Sat, 18 Apr 2026 | HK$18.9b | HK$25.0b | HK$1.5b | 10.5x | 12.2x | 0.8x |
| Mon, 16 Mar 2026 | HK$20.0b | HK$24.6b | HK$1.9b | 8.8x | 10.7x | 0.8x |
| Wed, 11 Feb 2026 | HK$21.8b | HK$24.5b | HK$1.9b | 7.2x | 11.6x | 0.9x |
| Fri, 09 Jan 2026 | HK$20.8b | HK$24.5b | HK$1.9b | 7.1x | 11.1x | 0.9x |
| Sun, 07 Dec 2025 | HK$20.8b | HK$24.5b | HK$1.9b | 7.1x | 11x | 0.8x |
| Tue, 04 Nov 2025 | HK$21.7b | HK$24.7b | HK$1.9b | 7.1x | 11.6x | 0.9x |
| Thu, 02 Oct 2025 | HK$19.2b | HK$24.7b | HK$1.9b | 6.6x | 10.2x | 0.8x |
| Sat, 30 Aug 2025 | HK$21.2b | HK$25.7b | HK$46.3m | 6.5x | 457.8x | 0.8x |
| Mon, 28 Jul 2025 | HK$20.8b | HK$25.9b | HK$212.0m | 6.3x | 98.3x | 0.8x |
| Wed, 25 Jun 2025 | HK$19.1b | HK$25.9b | HK$214.5m | 6.3x | 89.3x | 0.7x |
| Fri, 23 May 2025 | HK$18.6b | HK$25.9b | HK$228.9m | 5.9x | 81.2x | 0.7x |
| Sun, 20 Apr 2025 | HK$17.3b | HK$26.7b | HK$513.5m | 5x | 33.6x | 0.6x |
| Tue, 18 Mar 2025 | HK$22.0b | HK$26.5b | HK$270.5m | 6.3x | 81.5x | 0.8x |
| Thu, 13 Feb 2025 | HK$19.6b | HK$28.6b | HK$1.7b | 6.4x | 11.3x | 0.7x |
| Sat, 11 Jan 2025 | HK$19.9b | HK$28.6b | HK$1.7b | 5.8x | 11.5x | 0.7x |
| Mon, 09 Dec 2024 | HK$22.1b | HK$28.6b | HK$1.7b | 6.5x | 12.8x | 0.8x |
| Wed, 06 Nov 2024 | HK$27.2b | HK$32.5b | HK$1.7b | 6.1x | 15.7x | 0.8x |
| Fri, 04 Oct 2024 | HK$28.7b | HK$32.5b | HK$1.7b | 6.3x | 16.6x | 0.9x |
| Sun, 01 Sep 2024 | HK$22.4b | HK$32.4b | HK$1.7b | 6.5x | 13x | 0.7x |
| Tue, 30 Jul 2024 | HK$21.6b | HK$33.0b | HK$2.4b | 5x | 9.1x | 0.7x |
| Thu, 27 Jun 2024 | HK$25.8b | HK$33.0b | HK$2.4b | 4.6x | 10.8x | 0.8x |
| Sat, 25 May 2024 | HK$29.9b | HK$33.0b | HK$2.4b | 5.2x | 12.5x | 0.9x |
| Mon, 22 Apr 2024 | HK$24.5b | HK$30.4b | HK$2.0b | 5x | 12x | 0.8x |
| Wed, 20 Mar 2024 | HK$26.5b | HK$31.2b | HK$2.4b | 7.2x | 11x | 0.9x |
| Fri, 16 Feb 2024 | HK$22.4b | HK$31.2b | HK$2.4b | 7.5x | 9.3x | 0.7x |
| Sun, 14 Jan 2024 | HK$25.5b | HK$31.1b | HK$2.4b | 6.4x | 10.6x | 0.8x |
| Tue, 12 Dec 2023 | HK$25.3b | HK$31.1b | HK$2.4b | 6.1x | 10.5x | 0.8x |
| Thu, 09 Nov 2023 | HK$27.2b | HK$31.4b | HK$2.3b | 6x | 11.6x | 0.9x |
| Sat, 07 Oct 2023 | HK$27.0b | HK$31.4b | HK$2.3b | 6.1x | 11.5x | 0.9x |
| Mon, 04 Sep 2023 | HK$28.7b | HK$31.5b | HK$2.3b | 6.5x | 12.3x | 0.9x |
| Wed, 02 Aug 2023 | HK$32.5b | HK$32.9b | HK$2.5b | 8.8x | 13x | 1x |
| Fri, 30 Jun 2023 | HK$26.5b | HK$32.9b | HK$2.5b | 8.5x | 10.6x | 0.8x |
Price to Earnings Ratio
10.6x
Current Industry PE
- Investors are pessimistic on the Hong Kong Home Furnishings industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.6x which is lower than its 3-year average PE of 28.6x.
- The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
- The earnings for companies in the Home Furnishings industry have declined 20% per year over the last three years,
- Revenues have also declined 8.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Home Furnishings compare with similar industries?
| HK Market | -4.48% | |
| Consumer Discretionary | -7.41% | |
| Consumer Durables | -5.31% | |
| Home Furnishings | -7.41% | |
| Homebuilding | -1.50% | |
| Housewares and Specialties | -3.32% | |
| Household Appliances | -4.52% | |
| Consumer Electronics | -5.67% | |
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 | |
|---|---|---|---|---|---|
| 1418 Sinomax Group | HK$0.18 | 24.5% +HK$61.3m | -40.7% | PE5.2x | |
| 1925 Kwung's Aroma Holdings | HK$1.23 | 0.8% +HK$4.1m | -1.6% | PE12x |