Analysis Article • May 07
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Hong Kong (HSI) Home Furnishings Industry Analysis
UpdatedMay 27, 2026
DataAggregated Company Financials
Companies8
- 7D-4.3%
- 3M-27.2%
- 1Y-14.0%
- YTDn/a
Over the last 7 days, the Home Furnishings industry has dropped 4.8%, driven by Man Wah Holdings declining 4.8%. In contrast, Royale Home Holdings has gained 8.2%. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 6.1% 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 |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | HK$16.3b | HK$24.8b | HK$1.3b | 10x | 12.6x | 0.7x |
| Fri, 24 Apr 2026 | HK$19.0b | HK$25.0b | HK$1.6b | 10.4x | 12.3x | 0.8x |
| Sun, 22 Mar 2026 | HK$19.8b | HK$24.5b | HK$1.9b | 8.5x | 10.7x | 0.8x |
| Tue, 17 Feb 2026 | HK$22.2b | HK$24.5b | HK$1.9b | 9.7x | 11.9x | 0.9x |
| Thu, 15 Jan 2026 | HK$21.3b | HK$24.5b | HK$1.9b | 7.4x | 11.3x | 0.9x |
| Sat, 13 Dec 2025 | HK$20.1b | HK$24.5b | HK$1.9b | 6.9x | 10.7x | 0.8x |
| Mon, 10 Nov 2025 | HK$21.3b | HK$24.7b | HK$1.9b | 7.4x | 11.4x | 0.9x |
| Wed, 08 Oct 2025 | HK$19.1b | HK$24.7b | HK$1.9b | 6.8x | 10.2x | 0.8x |
| Fri, 05 Sep 2025 | HK$20.9b | HK$24.7b | HK$1.9b | 6.7x | 11.1x | 0.8x |
| Sun, 03 Aug 2025 | HK$20.0b | HK$25.9b | HK$224.2m | 6.1x | 89.4x | 0.8x |
| Tue, 01 Jul 2025 | HK$19.7b | HK$25.9b | HK$210.7m | 6.2x | 93.4x | 0.8x |
| Thu, 29 May 2025 | HK$19.0b | HK$25.9b | HK$221.7m | 6x | 85.7x | 0.7x |
| Sat, 26 Apr 2025 | HK$17.8b | HK$26.7b | HK$511.8m | 5.1x | 34.8x | 0.7x |
| Mon, 24 Mar 2025 | HK$20.9b | HK$26.6b | HK$306.9m | 6.5x | 68x | 0.8x |
| Wed, 19 Feb 2025 | HK$20.6b | HK$28.6b | HK$1.7b | 6.8x | 12x | 0.7x |
| Fri, 17 Jan 2025 | HK$20.5b | HK$28.6b | HK$1.7b | 6.3x | 11.8x | 0.7x |
| Sun, 15 Dec 2024 | HK$22.0b | HK$28.6b | HK$1.7b | 6.2x | 12.8x | 0.8x |
| Tue, 12 Nov 2024 | HK$23.4b | HK$29.3b | HK$1.7b | 5.9x | 13.7x | 0.8x |
| Thu, 10 Oct 2024 | HK$25.8b | HK$32.5b | HK$1.7b | 6.2x | 15x | 0.8x |
| Sat, 07 Sep 2024 | HK$22.1b | HK$32.5b | HK$1.7b | 6.4x | 12.8x | 0.7x |
| Mon, 05 Aug 2024 | HK$22.0b | HK$33.1b | HK$2.4b | 4.7x | 9.2x | 0.7x |
| Wed, 03 Jul 2024 | HK$24.2b | HK$33.0b | HK$2.4b | 4.6x | 10.2x | 0.7x |
| Fri, 31 May 2024 | HK$29.9b | HK$33.0b | HK$2.4b | 5.3x | 12.5x | 0.9x |
| Sun, 28 Apr 2024 | HK$26.3b | HK$31.6b | HK$2.0b | 5.4x | 12.9x | 0.8x |
| Tue, 26 Mar 2024 | HK$26.2b | HK$30.7b | HK$2.4b | 5.8x | 10.8x | 0.9x |
| Thu, 22 Feb 2024 | HK$23.8b | HK$31.1b | HK$2.4b | 7.5x | 9.9x | 0.8x |
| Sat, 20 Jan 2024 | HK$23.7b | HK$31.2b | HK$2.4b | 5.9x | 9.9x | 0.8x |
| Mon, 18 Dec 2023 | HK$25.8b | HK$31.2b | HK$2.4b | 5.4x | 10.8x | 0.8x |
| Wed, 15 Nov 2023 | HK$26.9b | HK$31.4b | HK$2.3b | 6.1x | 11.5x | 0.9x |
| Fri, 13 Oct 2023 | HK$27.2b | HK$31.4b | HK$2.3b | 6.1x | 11.6x | 0.9x |
| Sun, 10 Sep 2023 | HK$29.5b | HK$31.4b | HK$2.3b | 6x | 12.6x | 0.9x |
| Tue, 08 Aug 2023 | HK$32.4b | HK$32.9b | HK$2.5b | 8.9x | 13x | 1x |
| Thu, 06 Jul 2023 | HK$27.6b | HK$32.9b | HK$2.5b | 8.8x | 11x | 0.8x |
| Sat, 03 Jun 2023 | HK$28.0b | HK$33.0b | HK$2.5b | 8.2x | 11.1x | 0.8x |
Price to Earnings Ratio
11.1x
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 12.7x 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 9.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Home Furnishings compare with similar industries?
| HK Market | -1.09% | |
| Consumer Discretionary | -1.34% | |
| Consumer Durables | -2.38% | |
| Home Furnishings | -4.26% | |
| Housewares and Specialties | 5.20% | |
| Household Appliances | -0.086% | |
| Consumer Electronics | -4.57% | |
| Homebuilding | -7.59% | |
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 | |
|---|---|---|---|---|---|
| 1198 Royale Home Holdings | HK$0.10 | 8.2% +HK$20.8m | -59.6% | PS0.6x | |
| 1418 Sinomax Group | HK$0.16 | 4.5% +HK$12.3m | -42.8% | PE4.7x | |
| 1575 Regal Partners Holdings | HK$0.046 | 4.5% +HK$7.6m | -16.4% | PS2.3x | |
| 2223 Casablanca Group | HK$1.03 | 1.0% +HK$2.6m | 232.3% | PS1.1x |