Narrative Update • Jul 24

The Transaction and Payment Processing Services industry is up 3.0% in the last week, with AGTech Holdings up 12%. In the same time, Lianlian DigiTech was down 8.5%. However, the industry is down 32% over the past year. Looking forward, earnings are forecast to decline by 40% per year.
Has the Hong Kong Transaction and Payment Processing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Aug 2026 | HK$16.2b | HK$8.7b | HK$1.9b | 11.4x | 8.6x | 1.9x |
| Mon, 29 Jun 2026 | HK$15.3b | HK$8.7b | HK$1.9b | 11.1x | 8.2x | 1.8x |
| Wed, 27 May 2026 | HK$17.7b | HK$8.7b | HK$1.8b | 14x | 9.8x | 2x |
| Fri, 24 Apr 2026 | HK$16.9b | HK$8.6b | HK$1.8b | 15x | 9.4x | 2x |
| Sun, 22 Mar 2026 | HK$17.5b | HK$8.1b | HK$1.8b | 15.6x | 9.7x | 2.2x |
| Tue, 17 Feb 2026 | HK$15.8b | HK$8.1b | HK$2.1b | 9.7x | 7.7x | 2x |
| Thu, 15 Jan 2026 | HK$15.9b | HK$8.0b | HK$2.0b | 9.9x | 7.8x | 2x |
| Sat, 13 Dec 2025 | HK$14.7b | HK$7.9b | HK$2.0b | 9.7x | 7.3x | 1.8x |
| Mon, 10 Nov 2025 | HK$16.3b | HK$7.8b | HK$2.0b | 10.6x | 8.1x | 2.1x |
| Wed, 08 Oct 2025 | HK$19.2b | HK$7.8b | HK$2.0b | 10.2x | 9.6x | 2.5x |
| Fri, 05 Sep 2025 | HK$21.1b | HK$7.8b | HK$2.0b | 9.7x | 10.5x | 2.7x |
| Sun, 03 Aug 2025 | HK$21.8b | HK$7.7b | -HK$26,185,966.02 | 36.8x | -832.5x | 2.8x |
| Tue, 01 Jul 2025 | HK$21.7b | HK$7.8b | -HK$26,803,530.76 | 37.5x | -810.2x | 2.8x |
| Thu, 29 May 2025 | HK$14.8b | HK$7.8b | HK$65.3m | 37.3x | 226.3x | 1.9x |
| Sat, 26 Apr 2025 | HK$13.6b | HK$7.7b | HK$67.5m | 41.4x | 202x | 1.8x |
| Mon, 24 Mar 2025 | HK$20.3b | HK$8.1b | -HK$10,801,358.85 | 66.2x | -1875.8x | 2.5x |
| Wed, 19 Feb 2025 | HK$18.1b | HK$8.2b | -HK$504,334,344.14 | 68.1x | -35.9x | 2.2x |
| Fri, 17 Jan 2025 | HK$16.5b | HK$8.2b | -HK$500,672,495.65 | 64.2x | -33x | 2x |
| Sun, 15 Dec 2024 | HK$17.6b | HK$8.2b | -HK$504,674,690.58 | 64.9x | -34.8x | 2.1x |
| Tue, 12 Nov 2024 | HK$19.4b | HK$8.3b | -HK$524,378,370.83 | 95.3x | -37x | 2.3x |
| Thu, 10 Oct 2024 | HK$19.6b | HK$8.4b | -HK$536,573,113.55 | 96.2x | -36.6x | 2.3x |
| Sat, 07 Sep 2024 | HK$17.9b | HK$8.4b | -HK$536,652,136.04 | 77.4x | -33.3x | 2.1x |
| Mon, 05 Aug 2024 | HK$18.2b | HK$8.8b | -HK$250,892,433.84 | 74.6x | -72.4x | 2.1x |
| Wed, 03 Jul 2024 | HK$18.0b | HK$8.7b | -HK$240,782,882.77 | 87.9x | -74.6x | 2.1x |
| Fri, 31 May 2024 | HK$18.5b | HK$8.7b | -HK$233,373,031.19 | 79.6x | -79.4x | 2.1x |
| Sun, 28 Apr 2024 | HK$19.0b | HK$8.6b | -HK$471,184,171.55 | 80.7x | -40.3x | 2.2x |
| Tue, 26 Mar 2024 | HK$9.9b | HK$7.6b | HK$475.7m | 99x | 20.7x | 1.3x |
| Thu, 22 Feb 2024 | HK$10.1b | HK$7.7b | HK$658.0m | 48.5x | 15.4x | 1.3x |
| Sat, 20 Jan 2024 | HK$10.1b | HK$7.8b | HK$659.3m | 47.9x | 15.3x | 1.3x |
| Mon, 18 Dec 2023 | HK$7.7b | HK$7.2b | HK$637.7m | 26x | 12.1x | 1.1x |
| Wed, 15 Nov 2023 | HK$8.3b | HK$7.1b | HK$634.9m | 29.5x | 13.1x | 1.2x |
| Fri, 13 Oct 2023 | HK$8.6b | HK$7.1b | HK$638.0m | 29.7x | 13.5x | 1.2x |
| Sun, 10 Sep 2023 | HK$8.5b | HK$7.1b | HK$637.6m | 28.9x | 13.3x | 1.2x |
| Tue, 08 Aug 2023 | HK$9.8b | HK$7.2b | HK$564.7m | 25.3x | 17.3x | 1.4x |
17.3x
How does Hong Kong Transaction and Payment Processing Services compare with similar industries?
| HK Market | 2.63% | |
| Financials | 3.99% | |
| Diversified Financial | 1.26% | |
| Transaction and Payment Processing Services | 1.92% | |
| Other Diversified Financial Services | 4.96% | |
| Specialized Finance | 0.95% | |
| Multi-Sector Holdings | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8279 AGTech Holdings | HK$0.73 | 2.8% +HK$233.4m | 156.1% | PS11.2x | |
| 2598 Lianlian DigiTech | HK$4.14 | 2.2% +HK$98.1m | -58.9% | PE2.3x | |
| 818 Hi Sun Technology (China) | HK$0.36 | 2.9% +HK$27.5m | -29.4% | PS0.5x |