Has the Hong Kong Industrials Sector valuation changed over the past few years?

Investors are optimistic on the Hong Kong Industrials industry, and appear confident in long term growth rates. The industry is trading at a PE ratio of 12.9x which is higher than its 3-year average PE of 11.7x. The industry is trading close to its 3-year average PS ratio of 0.54x.

Which industries have driven the changes within the Hong Kong Industrials sector?

Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio. Analysts are expecting annual earnings growth of 18.9%, which is lower than the prior year's growth of 22.3% per year.

Hong Kong (HSI) Industrials Sector Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 20 Sep 2026	HK$5.0t	HK$8.0t	HK$386.7b	10.7x	12.9x	0.6x
Tue, 18 Aug 2026	HK$5.1t	HK$8.0t	HK$380.8b	11.5x	13.3x	0.6x
Thu, 16 Jul 2026	HK$4.8t	HK$7.9t	HK$332.3b	11.2x	14.5x	0.6x
Sat, 13 Jun 2026	HK$5.0t	HK$7.9t	HK$321.2b	11.3x	15.5x	0.6x
Mon, 11 May 2026	HK$5.4t	HK$7.9t	HK$320.0b	12.2x	16.8x	0.7x
Wed, 08 Apr 2026	HK$4.9t	HK$7.8t	HK$318.3b	11.2x	15.3x	0.6x
Fri, 06 Mar 2026	HK$5.1t	HK$7.9t	HK$362.5b	11.5x	14x	0.6x
Sun, 01 Feb 2026	HK$4.9t	HK$7.9t	HK$357.5b	11.8x	13.7x	0.6x
Tue, 30 Dec 2025	HK$4.5t	HK$7.8t	HK$354.1b	11x	12.8x	0.6x
Thu, 27 Nov 2025	HK$4.5t	HK$7.7t	HK$349.8b	11.1x	12.7x	0.6x
Sat, 25 Oct 2025	HK$4.4t	HK$7.6t	HK$355.3b	11.1x	12.5x	0.6x
Mon, 22 Sep 2025	HK$4.5t	HK$7.8t	HK$354.1b	10.8x	12.8x	0.6x
Wed, 20 Aug 2025	HK$4.6t	HK$7.8t	HK$356.4b	11.1x	12.8x	0.6x
Fri, 18 Jul 2025	HK$4.3t	HK$7.8t	HK$366.0b	10.1x	11.8x	0.6x
Sun, 15 Jun 2025	HK$4.2t	HK$7.8t	HK$365.2b	10x	11.6x	0.5x
Tue, 13 May 2025	HK$4.0t	HK$7.7t	HK$361.8b	9.9x	11.2x	0.5x
Thu, 10 Apr 2025	HK$3.6t	HK$7.6t	HK$354.1b	8.9x	10.3x	0.5x
Sat, 08 Mar 2025	HK$4.0t	HK$7.6t	HK$383.1b	9.1x	10.5x	0.5x
Mon, 03 Feb 2025	HK$3.8t	HK$7.6t	HK$374.0b	8.8x	10.3x	0.5x
Wed, 01 Jan 2025	HK$4.0t	HK$7.6t	HK$371.9b	8.8x	10.7x	0.5x
Fri, 29 Nov 2024	HK$3.9t	HK$7.6t	HK$375.1b	8.2x	10.3x	0.5x
Sun, 27 Oct 2024	HK$4.0t	HK$7.7t	HK$358.8b	8.7x	11x	0.5x
Tue, 24 Sep 2024	HK$3.6t	HK$7.8t	HK$360.9b	8.1x	9.9x	0.5x
Thu, 22 Aug 2024	HK$3.6t	HK$7.7t	HK$371.0b	8.1x	9.8x	0.5x
Sat, 20 Jul 2024	HK$3.5t	HK$7.4t	HK$327.1b	8.4x	10.7x	0.5x
Mon, 17 Jun 2024	HK$3.7t	HK$7.4t	HK$328.1b	8.8x	11.2x	0.5x
Wed, 15 May 2024	HK$3.8t	HK$7.4t	HK$330.9b	8.6x	11.5x	0.5x
Fri, 12 Apr 2024	HK$3.5t	HK$7.4t	HK$329.5b	8.1x	10.7x	0.5x
Sun, 10 Mar 2024	HK$3.4t	HK$7.3t	HK$347.4b	7.9x	9.9x	0.5x
Tue, 06 Feb 2024	HK$3.2t	HK$7.3t	HK$354.0b	7.6x	8.9x	0.4x
Thu, 04 Jan 2024	HK$3.4t	HK$7.4t	HK$353.6b	8.3x	9.5x	0.5x
Sat, 02 Dec 2023	HK$3.2t	HK$7.4t	HK$355.6b	8.2x	9x	0.4x
Mon, 30 Oct 2023	HK$3.2t	HK$7.3t	HK$375.4b	7.9x	8.5x	0.4x
Wed, 27 Sep 2023	HK$3.3t	HK$7.2t	HK$351.0b	8.2x	9.3x	0.5x


HK Market	-0.71%
Industrials	-1.09%
Trade Distributors	2.47%
Marine and Shipping	1.58%
Electrical	0.95%
Infrastructure	0.69%
Transportation	-0.53%
Aerospace & Defense	-0.94%
Machinery	-1.15%
Airlines	-2.17%
Logistics	-2.49%
Construction	-2.50%
Commercial Services	-2.66%
Industrials	-3.06%
Building	-3.94%
Professional Services	-8.00%

Company	Last Price	7D	1Y	Valuation
1308 SITC International Holdings	HK$48.16	6.2% +HK$7.6b	57.2%	PE13.1x
6656 Sigenergy Technology	HK$337.00	8.6% +HK$6.7b	n/a	PE15.8x
7618 JINGDONG Industrials	HK$14.00	8.9% +HK$3.1b	n/a	PE13.1x
2338 Weichai Power	HK$31.70	1.1% +HK$3.1b	115.8%	PE18x
1196 Realord Technology	HK$3.25	19.6% +HK$3.1b	7.7%	PS33.6x

Announcement • Sep 18

Jinhai Medical Technology Limited Announces Board and Committee Changes, Effective September 18, 2026

Jinhai Medical Technology Limited announced that Liu Jinjing had been appointed as an independent non-executive Director of the Company with effect from September 18, 2026. Liu Jinjing, aged 39, has over 15 years of professional experience in areas of finance and audit. Liu obtained a bachelor degree of finance from Zhejiang University Ningbo Institute of Technology in 2009. Liu has been serving as the finance director in Passion Group, a company which headquarters is located in Shanghai for provision of human resources, focusing on business consulting, digital technology, and intelligent operations services and solutions since June 2021. Liu served as the chief financial officer of Shanghai Nanyan Information Technology Co. Ltd., an online integrated insurance services platform, between August 2018 to June 2021. Liu also worked as an audit manager at BDO China Shu Lun Pan CPAs LLP between January 2013 and August 2018. Liu is a certified public accountant of the People’s Republic of China. There is a letter of appointment entered into between the Company and Liu for a term of one-year. 15The Board announced that Li Yunping has resigned as an executive Director of the Company and Yang Meihua has resigned as an independent non-executive Director of the Company with effect from September 18, 2026 due to their other business commitments which require more time and dedication. Immediately upon the taking effect of their resignations, Li Yunping shall cease to be a member of Nomination Committee of the Company, and Yang Meihua shall cease to be a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company. Liu Jinjing has been appointed as a member of the Audit Committee of the Company with effect from September 18, 2026 while Yang Meihua has resigned as a member of the Audit Committee with effect from September 18, 2026. Liu Jinjing has been appointed as a member of the Nomination Committee of the Company with effect from September 18, 2026 while Li Yunping and Yang Meihua have resigned as members of the Nomination Committee with effect from September 18, 2026. Liu Jinjing has been appointed as a member of the Remuneration Committee of the Company with effect from September 18, 2026 while Yang Meihua has resigned as a member of the Remuneration Committee with effect from September 18, 2026.

Hong Kong (HSI) Industrials Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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