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Hong Kong (HSI) Home Furnishings Industry Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies8
- 7D4.7%
- 3M4.1%
- 1Y4.7%
- YTDn/a
Over the last 7 days, the Home Furnishings industry has risen 4.7%, driven by gains from Man Wah Holdings of 5.2%. Meanwhile, Imperium Technology Group actually underperformed within the industry, shrinking 8.8% in the last week. This means that the industry has gained 4.7% over the past year. As for the next few years, earnings are expected to grow by 5.6% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 17 Nov 2025 | HK$22.6b | HK$24.7b | HK$1.9b | 7.4x | 12x | 0.9x |
| Wed, 15 Oct 2025 | HK$20.0b | HK$24.7b | HK$1.9b | 7.1x | 10.6x | 0.8x |
| Fri, 12 Sep 2025 | HK$21.2b | HK$24.7b | HK$1.9b | 6.7x | 11.3x | 0.9x |
| Sun, 10 Aug 2025 | HK$20.4b | HK$25.9b | HK$216.5m | 6.1x | 94.1x | 0.8x |
| Tue, 08 Jul 2025 | HK$19.8b | HK$25.9b | HK$213.3m | 6.3x | 92.8x | 0.8x |
| Thu, 05 Jun 2025 | HK$18.6b | HK$25.9b | HK$218.5m | 6x | 85.3x | 0.7x |
| Sat, 03 May 2025 | HK$19.6b | HK$26.7b | HK$508.9m | 5.2x | 38.5x | 0.7x |
| Mon, 31 Mar 2025 | HK$20.7b | HK$26.5b | HK$331.1m | 6.4x | 62.5x | 0.8x |
| Wed, 26 Feb 2025 | HK$20.4b | HK$28.6b | HK$1.7b | 6.4x | 11.9x | 0.7x |
| Fri, 24 Jan 2025 | HK$21.0b | HK$28.6b | HK$1.7b | 6.6x | 12.2x | 0.7x |
| Sun, 22 Dec 2024 | HK$20.7b | HK$28.6b | HK$1.7b | 6x | 12x | 0.7x |
| Tue, 19 Nov 2024 | HK$20.9b | HK$29.3b | HK$1.7b | 5.9x | 12.2x | 0.7x |
| Thu, 17 Oct 2024 | HK$24.9b | HK$32.5b | HK$1.7b | 6.3x | 14.4x | 0.8x |
| Sat, 14 Sep 2024 | HK$20.8b | HK$32.5b | HK$1.7b | 5.7x | 11.9x | 0.6x |
| Mon, 12 Aug 2024 | HK$22.7b | HK$33.1b | HK$2.4b | 5.2x | 9.5x | 0.7x |
| Wed, 10 Jul 2024 | HK$22.3b | HK$33.0b | HK$2.4b | 4.5x | 9.3x | 0.7x |
| Fri, 07 Jun 2024 | HK$28.0b | HK$33.0b | HK$2.4b | 5.1x | 11.7x | 0.8x |
| Sun, 05 May 2024 | HK$27.8b | HK$31.6b | HK$2.0b | 5.4x | 13.6x | 0.9x |
| Tue, 02 Apr 2024 | HK$26.0b | HK$31.1b | HK$2.4b | 5.5x | 10.7x | 0.8x |
| Thu, 29 Feb 2024 | HK$24.8b | HK$31.2b | HK$2.4b | 7.3x | 10.3x | 0.8x |
| Sat, 27 Jan 2024 | HK$24.4b | HK$31.2b | HK$2.4b | 6.3x | 10.2x | 0.8x |
| Mon, 25 Dec 2023 | HK$25.4b | HK$31.2b | HK$2.4b | 5.3x | 10.6x | 0.8x |
| Wed, 22 Nov 2023 | HK$27.9b | HK$31.1b | HK$2.4b | 6.1x | 11.6x | 0.9x |
| Fri, 20 Oct 2023 | HK$25.3b | HK$31.4b | HK$2.3b | 6.1x | 10.8x | 0.8x |
| Sun, 17 Sep 2023 | HK$29.2b | HK$31.4b | HK$2.3b | 5.8x | 12.5x | 0.9x |
| Tue, 15 Aug 2023 | HK$29.3b | HK$32.9b | HK$2.5b | 8.7x | 11.7x | 0.9x |
| Thu, 13 Jul 2023 | HK$28.8b | HK$32.9b | HK$2.5b | 8.7x | 11.5x | 0.9x |
| Sat, 10 Jun 2023 | HK$26.9b | HK$33.0b | HK$2.5b | 8.3x | 10.7x | 0.8x |
| Mon, 08 May 2023 | HK$33.8b | HK$36.4b | HK$3.0b | 8.7x | 11.4x | 0.9x |
| Wed, 05 Apr 2023 | HK$33.9b | HK$37.0b | HK$3.2b | 8x | 10.6x | 0.9x |
| Fri, 03 Mar 2023 | HK$42.0b | HK$39.2b | HK$3.8b | 6.9x | 11.2x | 1.1x |
| Sun, 29 Jan 2023 | HK$47.7b | HK$39.2b | HK$3.8b | 6.7x | 12.6x | 1.2x |
| Tue, 27 Dec 2022 | HK$37.6b | HK$39.0b | HK$3.7b | 6.6x | 10.1x | 1x |
| Thu, 24 Nov 2022 | HK$32.8b | HK$38.8b | HK$3.7b | 6.5x | 8.8x | 0.8x |
Price to Earnings Ratio
8.8x
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 12.0x which is lower than its 3-year average PE of 28.5x.
- The industry is trading close to its 3-year average PS ratio of 0.83x.
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 14% 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 | 1.84% | |
| Consumer Discretionary | 2.25% | |
| Consumer Durables | 5.47% | |
| Home Furnishings | 4.70% | |
| Consumer Electronics | 7.01% | |
| Household Appliances | 4.97% | |
| Housewares and Specialties | 3.63% | |
| Homebuilding | 1.53% | |
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 | |
|---|---|---|---|---|---|
| 1999 Man Wah Holdings | HK$5.05 | 5.2% +HK$969.5m | 4.8% | PE9.5x | |
| 1418 Sinomax Group | HK$0.25 | 8.7% +HK$35.0m | 6.4% | PE4.3x | |
| 496 Kasen International Holdings | HK$0.44 | 1.1% +HK$9.2m | 49.2% | PE12.7x | |
| 2223 Casablanca Group | HK$0.80 | 2.6% +HK$5.2m | 166.7% | PS0.8x | |
| 396 Hing Lee (HK) Holdings | HK$0.13 | 5.0% +HK$4.8m | 54.3% | PE6x |
