Analysis Article • May 07
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Home Furnishings Industry Analysis
UpdatedJul 06, 2026
DataAggregated Company Financials
Companies8
- 7D1.7%
- 3M-27.0%
- 1Y-27.3%
- YTDn/a
Over the last 7 days, the Home Furnishings industry has risen 1.7%, driven by gains from Man Wah Holdings of 2.3%. During this same period, the Royale Home Holdings underperformed, falling 23%. In contrast, the industry has lost 27% in the last 12 months. 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 |
|---|---|---|---|---|---|---|
| Mon, 06 Jul 2026 | HK$14.1b | HK$24.8b | HK$1.3b | 8.6x | 11x | 0.6x |
| Wed, 03 Jun 2026 | HK$16.9b | HK$24.9b | HK$1.3b | 10.2x | 13.1x | 0.7x |
| Fri, 01 May 2026 | HK$19.1b | HK$25.0b | HK$1.5b | 10.3x | 12.3x | 0.8x |
| Sun, 29 Mar 2026 | HK$19.4b | HK$25.2b | HK$1.8b | 8.3x | 10.7x | 0.8x |
| Tue, 24 Feb 2026 | HK$21.7b | HK$24.5b | HK$1.9b | 9.6x | 11.6x | 0.9x |
| Thu, 22 Jan 2026 | HK$20.3b | HK$24.5b | HK$1.9b | 7.1x | 10.8x | 0.8x |
| Sat, 20 Dec 2025 | HK$21.1b | HK$24.5b | HK$1.9b | 7.1x | 11.2x | 0.9x |
| Mon, 17 Nov 2025 | HK$22.3b | HK$24.5b | HK$1.9b | 7.6x | 11.9x | 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 |
Price to Earnings Ratio
11.5x
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 11.0x 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 0.79x.
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 | 1.13% | |
| Consumer Discretionary | 6.07% | |
| Consumer Durables | 6.59% | |
| Home Furnishings | 1.70% | |
| Household Appliances | 13.24% | |
| Consumer Electronics | 3.87% | |
| Homebuilding | -0.094% | |
| Housewares and Specialties | -1.11% | |
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$3.14 | 1.3% +HK$153.8m | -27.6% | PE6.7x | |
| 496 Kasen International Holdings | HK$0.20 | 2.5% +HK$9.2m | -35.9% | PE9.4x | |
| 1925 Kwung's Aroma Holdings | HK$1.26 | 1.6% +HK$8.1m | 0% | PE12.3x |