Has the Hong Kong Consumer Durables Industry valuation changed over the past few years?

Investors are relatively neutral on the Hong Kong Consumer Durables industry at the moment, indicating that they anticipate long term growth rates to remain steady. The industry is trading close to its 3-year average PE ratio of 13.6x. The industry is trading close to its 3-year average PS ratio of 0.35x.

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

Investors are most optimistic about the Homebuilding industry which is trading above its 3-year average PE ratio of 7.8x. It looks like they are confident that earnings will grow faster in the future than they have historically. Investors are most pessimistic about the Housewares and Specialties industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.1x.

Hong Kong (HSI) Consumer Durables Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 12 Sep 2026	HK$124.4b	HK$315.6b	HK$8.4b	11.3x	14.8x	0.4x
Mon, 10 Aug 2026	HK$128.4b	HK$308.9b	HK$8.3b	8.5x	15.4x	0.4x
Wed, 08 Jul 2026	HK$133.9b	HK$311.9b	HK$8.6b	8.9x	15.6x	0.4x
Fri, 05 Jun 2026	HK$144.6b	HK$312.2b	HK$8.5b	9.9x	17x	0.5x
Sun, 03 May 2026	HK$139.3b	HK$303.6b	HK$8.3b	9.9x	16.8x	0.5x
Tue, 31 Mar 2026	HK$130.0b	HK$301.8b	HK$8.8b	9.1x	14.9x	0.4x
Thu, 26 Feb 2026	HK$152.6b	HK$301.7b	HK$9.4b	9.5x	16.2x	0.5x
Sat, 24 Jan 2026	HK$150.5b	HK$299.5b	HK$9.4b	8.7x	16.1x	0.5x
Mon, 22 Dec 2025	HK$110.1b	HK$297.0b	HK$9.3b	8.5x	11.9x	0.4x
Wed, 19 Nov 2025	HK$110.8b	HK$296.2b	HK$9.2b	8.5x	12.1x	0.4x
Fri, 17 Oct 2025	HK$107.5b	HK$296.0b	HK$9.1b	8.7x	11.8x	0.4x
Sun, 14 Sep 2025	HK$108.0b	HK$295.2b	HK$9.2b	8.6x	11.7x	0.4x
Tue, 12 Aug 2025	HK$82.3b	HK$245.5b	HK$4.5b	9x	18.3x	0.3x
Thu, 10 Jul 2025	HK$77.6b	HK$245.0b	HK$4.4b	8.2x	17.7x	0.3x
Sat, 07 Jun 2025	HK$75.6b	HK$243.7b	HK$4.3b	8.3x	17.6x	0.3x
Mon, 05 May 2025	HK$82.9b	HK$247.4b	HK$5.3b	8x	15.8x	0.3x
Wed, 02 Apr 2025	HK$84.5b	HK$248.2b	HK$5.2b	9x	16.3x	0.3x
Fri, 28 Feb 2025	HK$80.6b	HK$239.2b	HK$5.6b	8.1x	14.3x	0.3x
Sun, 26 Jan 2025	HK$79.0b	HK$239.7b	HK$5.6b	7.9x	14x	0.3x
Tue, 24 Dec 2024	HK$73.6b	HK$238.8b	HK$5.6b	7.5x	13.1x	0.3x
Thu, 21 Nov 2024	HK$70.7b	HK$240.2b	HK$6.0b	6.7x	11.8x	0.3x
Sat, 19 Oct 2024	HK$79.5b	HK$244.7b	HK$6.1b	7.8x	13.1x	0.3x
Mon, 16 Sep 2024	HK$65.6b	HK$243.3b	HK$5.8b	6.6x	11.3x	0.3x
Wed, 14 Aug 2024	HK$66.9b	HK$233.8b	HK$5.1b	7.2x	13.1x	0.3x
Fri, 12 Jul 2024	HK$72.5b	HK$232.9b	HK$5.1b	7.3x	14.2x	0.3x
Sun, 09 Jun 2024	HK$80.2b	HK$233.2b	HK$5.7b	7.2x	14.1x	0.3x
Tue, 07 May 2024	HK$79.6b	HK$232.3b	HK$5.3b	7.3x	14.9x	0.3x
Thu, 04 Apr 2024	HK$72.5b	HK$231.1b	HK$5.2b	7.1x	13.8x	0.3x
Sat, 02 Mar 2024	HK$65.1b	HK$204.9b	HK$7.8b	7.5x	8.4x	0.3x
Mon, 29 Jan 2024	HK$64.1b	HK$205.1b	HK$7.8b	7.2x	8.2x	0.3x
Wed, 27 Dec 2023	HK$69.4b	HK$205.1b	HK$7.8b	7.1x	8.9x	0.3x
Fri, 24 Nov 2023	HK$71.4b	HK$205.0b	HK$7.4b	7.2x	9.7x	0.3x
Sun, 22 Oct 2023	HK$68.2b	HK$246.4b	HK$7.3b	7.9x	9.3x	0.3x
Tue, 19 Sep 2023	HK$74.9b	HK$246.5b	HK$7.3b	8.2x	10.2x	0.3x


HK Market	-2.92%
Consumer Discretionary	-5.27%
Consumer Durables	1.50%
Homebuilding	8.89%
Household Appliances	5.44%
Consumer Electronics	0.75%
Housewares and Specialties	-3.95%
Home Furnishings	-8.18%

Company	Last Price	7D	1Y	Valuation
2285 Chervon Holdings	HK$24.60	21.8% +HK$2.2b	15.5%	PE14.7x
167 IDT International	HK$5.99	24.7% +HK$616.2m	307.1%	PS10.9x
2580 Aux Electric	HK$9.67	2.9% +HK$428.8m	-31.9%	PE8.9x
1489 GC Construction Holdings	HK$2.93	17.0% +HK$425.0m	564.8%	PS11.3x
1691 JS Global Lifestyle	HK$1.51	6.7% +HK$330.1m	-21.8%	PE15x

Announcement • Sep 09

Shenzhen Tinno Mobile Technology Corp. completed the acquisition of 70% stake in SMC Electric Limited (SEHK:2381) from Shell Electric Holdings Limited.

Shenzhen Tinno Mobile Technology Corp. entered into the Sale and Purchase Agreement to acquire 70% stake in SMC Electric Limited (SEHK:2381) from Shell Electric Holdings Limited for approximately HKD 150 million on July 31, 2026. Under the terms of the acquisition, Shenzhen Tinno Mobile Technology Corp will pay HKD 0.11 in cash per share or a total of HKD 154 million. SMC Electric Limited intends to declare a conditional special dividend in an amount of approximately HKD 91.5 million (equivalent to a Special Dividend of HKD 0.04575 per Share) before Completion to its shareholders. Upon completion, Shell Electric Holdings Limited will retain a 5% stake in SMC Electric Limited. In a related transaction, Shenzhen Tinno Mobile Technology Corp. proposed to acquire 25% stake in SMC Electric Limited for HKD 55 million. The transaction will be financed by the way of internal financial resources of Shenzhen Tinno Mobile Technology Corp and/or through external debt financing. Upon completion of the transaction, Shenzhen Tinno Mobile Technology Corp intends to continue the existing business of SMC Electric Limited and all the board of directors of SMC Electric Limited will resign and Shenzhen Tinno Mobile Technology Corp. intends to nominate new directors. The transaction is subject to all necessary consents, approvals, waivers and clearances from any Competent Authority or other third party and dividend declaration and payment. The Board of Directors of SMC Electric Limited formed a special committee for the transaction. The completion shall take place on the fifth Business Day after the date of fulfilment of all the conditions. CITIC Securities Corporate Finance Limited acted as exclusive financial advisor to Shenzhen Tinno Mobile Technology Corp. Somerley Capital Limited acted as financial advisor to SMC Electric Limited. Red Sun Capital Limited acted as financial advisor to the independent board committee of SMC Electric Limited. Shenzhen Tinno Mobile Technology Corp. completed the acquisition of 70% stake in SMC Electric Limited (SEHK:2381) from Shell Electric Holdings Limited on September 8, 2026.

Announcement • Sep 05

TCL Electronics Holdings Limited Announces Executive Changes, Effective September 4, 2026

TCL Electronics Holdings Limited announced that Mr. CHEN Ming resigned as a joint company secretary of the Company and the secretary to the Board with effect from September 4, 2026 but remained as a director of certain subsidiaries of the Company to devote more time to focusing on the business development and financial management of the North American business of the Group. Mr. SONG Honghai, born in March 1979, was appointed as a joint company secretary of the Company for a term of three years with effect from September 4, 2026. Mr. SONG has been appointed as a Vice President of the Company and the General Manager of the Capital Market Department of TCL Industries Holdings Co. Ltd. with effect from October 30, 2025. He also currently serves as a director of Guangdong TCL Smart Home Appliances Co. Ltd. Mr. SONG has over 20 years of extensive experience in the financial sector, navigating multiple complete economic cycles and possessing a combined background in leading international investment banks and leading buy-side investment institutions, and has demonstrated profound professional expertise and a global perspective in fixed income, structured investment and financing, private equity and domestic and international capital markets. Mr. SONG began his career as a management trainee at Citigroup (Hong Kong). Subsequently, he held various core management positions at several leading international investment banks and investment institutions, including Managing Director of BOCI Securities Limited, Managing Director of Far East Horizon Capital Limited, Executive Director of CMB International, Executive Director of CITIC Capital, Director of Standard Chartered Bank (Hong Kong) Limited and Assistant Vice President of Citibank (Hong Kong) Limited, and has long been leading capital market operations, investment strategy development, and fund investment management, possessing outstanding management experience and performance in both investment banking and investment management. Mr. SONG graduated from Peking University with a Bachelor of Laws degree in Political Science and a Bachelor degree in Economics, later obtained a Master of Arts degree in Economics and was recognised as an outstanding graduate of Peking University. He is also a Chartered Financial Analyst (CFA) charterholder. Ms. CHOY Fung Yee, the other joint company secretary of the Company, is a practising solicitor in Hong Kong and currently a partner of the Hong Kong solicitors firm Ronald Tong & Co. She obtained a Bachelor of Laws Degree in 2006 and a Postgraduate Certificate in Laws in 2007 from the University of Hong Kong, and was admitted as a solicitor of the High Court of Hong Kong in 2009. She has rich experience in corporate commercial, intellectual property and company secretarial aspects and is also a notary public in Hong Kong. Ms. CHOY has been serving as a company secretary of the Company since August 2016. She has been appointed as a joint company secretary of Shenzhen Longsys Electronics Co. Ltd., which appointment will become effective upon the listing of its H-shares on the Stock Exchange which is expected to take place on or about September 8, 2026. Ms. CHOY was also the company secretary of Tonly Electronics Holdings Limited from April 2017 to May 2021. From June 2015 to April 2017, she was the company secretary of China Display Optoelectronics Technology Holdings Limited. Ms. CHOY possesses acceptable qualification and relevant experience as required under Rule 3.28 of the Rules Governing the Listing of Securities on the Stock Exchange. The Company has made an application to the Stock Exchange for, and the Stock Exchange has granted, a waiver from strict compliance with the requirements under Rules 3.28 and 8.17 of the Listing Rules. The Waiver is valid for a period of three years from the date of appointment of Mr. SONG as a joint company secretary of the Company, on the following conditions: (i) Mr. SONG, the proposed joint company secretary of the Company, must be assisted by Ms. CHOY as the other joint company secretary throughout the Waiver Period; (ii) the Waiver can be revoked if there are material breaches of the Listing Rules by the Company; (iii) the Company shall disclose in an announcement (i) reasons for the Waiver; (ii) details and conditions of the Waiver; and (iii) qualification and experience of both Mr. SONG and Ms. CHOY; and (iv) the Company shall demonstrate and seek the Stock Exchange’s confirmation that Mr. SONG has attained the relevant experience and is capable of discharging the functions of company secretary under Rule 3.28 of the Listing Rules by the end of the Waiver Period.

Hong Kong (HSI) Consumer Durables Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Chervon Holdings Limited Announces CEO Changes

Lisi Group (Holdings) Limited Announces Board and Committee Changes, Effective September 11, 2026

Shenzhen Tinno Mobile Technology Corp. completed the acquisition of 70% stake in SMC Electric Limited (SEHK:2381) from Shell Electric Holdings Limited.

TCL Electronics Holdings Limited Announces Executive Changes, Effective September 4, 2026

Consensus revenue estimates fall by 13%

Now 33% overvalued after recent price rise

Tai Ping Carpets International Limited to Report Fiscal Year 2026 Final Results on Sep 18, 2026

New major risk - Revenue and earnings growth

First half 2026 earnings released: EPS: CN¥0.33 (vs CN¥0.057 in 1H 2025)

First half 2026 earnings released: HK$0.12 loss per share (vs HK$0.22 profit in 1H 2025)

Analysts Just Slashed Their JS Global Lifestyle Company Limited (HKG:1691) EPS Numbers

First half 2026 earnings released: EPS: US$0.004 (vs US$0.01 in 1H 2025)

First half 2026 earnings released: HK$0.02 loss per share (vs HK$0.012 loss in 1H 2025)

New minor risk - Share price stability

First half 2026 earnings released: EPS: HK$0.07 (vs HK$0.063 in 1H 2025)

Upcoming dividend of HK$0.09 per share