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Hong Kong (HSI) Electrical Industry Analysis

UpdatedJan 30, 2026
DataAggregated Company Financials
Companies38
  • 7D-4.3%
  • 3M7.5%
  • 1Y91.9%
  • YTD5.1%

Over the last 7 days, the Electrical industry has dropped 4.3%, driven by Dongfang Electric declining 10.0%. Meanwhile, Shanghai Zhida Technology Development actually outperformed within the industry, gaining 11% in the last week. This takes the industry's 12 month performance to a gain of 92%. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 31 Jan 2026HK$445.0bHK$429.5b-HK$5,068,640,688.1117.7x-87.8x1x
Mon, 29 Dec 2025HK$421.5bHK$424.3b-HK$5,005,036,903.2717.4x-84.2x1x
Wed, 26 Nov 2025HK$374.7bHK$418.3b-HK$5,039,935,254.6218.2x-74.3x0.9x
Fri, 24 Oct 2025HK$362.5bHK$411.1b-HK$6,410,499,348.6017.7x-56.6x0.9x
Sun, 21 Sep 2025HK$344.7bHK$411.7b-HK$6,355,874,709.6616.7x-54.2x0.8x
Tue, 19 Aug 2025HK$335.2bHK$387.2b-HK$8,250,105,127.8717.8x-40.6x0.9x
Thu, 17 Jul 2025HK$288.2bHK$379.9b-HK$8,705,209,461.6114x-33.1x0.8x
Sat, 14 Jun 2025HK$278.1bHK$379.5b-HK$8,588,713,786.5014.8x-32.4x0.7x
Mon, 12 May 2025HK$264.3bHK$373.5b-HK$8,454,691,849.5613.9x-31.3x0.7x
Wed, 09 Apr 2025HK$206.1bHK$359.2b-HK$8,879,101,790.999.4x-23.2x0.6x
Fri, 07 Mar 2025HK$244.0bHK$342.5b-HK$1,705,453,663.008.4x-143x0.7x
Sun, 02 Feb 2025HK$221.6bHK$343.4b-HK$1,742,223,253.337.9x-127.2x0.6x
Tue, 31 Dec 2024HK$235.8bHK$339.9b-HK$1,749,911,515.758.8x-134.7x0.7x
Thu, 28 Nov 2024HK$258.7bHK$343.5b-HK$1,690,026,814.529.7x-153.1x0.8x
Sat, 26 Oct 2024HK$223.7bHK$345.2b-HK$1,728,440,058.919.1x-129.4x0.6x
Mon, 23 Sep 2024HK$175.2bHK$349.6b-HK$2,127,162,574.817x-82.4x0.5x
Wed, 21 Aug 2024HK$189.8bHK$339.3b-HK$698,276,856.988.4x-271.8x0.6x
Fri, 19 Jul 2024HK$195.5bHK$334.7b-HK$627,427,509.389.3x-311.7x0.6x
Sun, 16 Jun 2024HK$195.1bHK$335.0b-HK$628,870,871.2610.2x-310.2x0.6x
Tue, 14 May 2024HK$202.3bHK$335.9b-HK$622,730,610.109.9x-324.9x0.6x
Thu, 11 Apr 2024HK$186.9bHK$338.3bHK$2.0b8x92.6x0.6x
Sat, 09 Mar 2024HK$185.9bHK$337.5bHK$1.7b7.5x109.8x0.6x
Mon, 05 Feb 2024HK$182.9bHK$358.3bHK$1.9b7.1x97.7x0.5x
Wed, 03 Jan 2024HK$205.2bHK$360.4bHK$1.9b7.2x108.8x0.6x
Fri, 01 Dec 2023HK$151.1bHK$340.6bHK$2.7b7.5x56.4x0.4x
Sun, 29 Oct 2023HK$150.7bHK$335.2bHK$1.6b8.4x91.6x0.4x
Tue, 26 Sep 2023HK$154.7bHK$335.4bHK$1.7b9.8x91.8x0.5x
Thu, 24 Aug 2023HK$155.5bHK$325.8bHK$470.4m11.3x330.6x0.5x
Sat, 22 Jul 2023HK$168.2bHK$329.6bHK$403.0m10.2x417.5x0.5x
Mon, 19 Jun 2023HK$169.8bHK$331.1bHK$359.5m10.3x472.4x0.5x
Wed, 17 May 2023HK$179.0bHK$338.9bHK$373.0m10.3x479.8x0.5x
Fri, 14 Apr 2023HK$177.9bHK$348.2bHK$51.1m11.1x3482.8x0.5x
Sun, 12 Mar 2023HK$181.3bHK$338.1b-HK$11,216,973,612.0012.4x-16.2x0.5x
Tue, 07 Feb 2023HK$183.5bHK$343.9b-HK$11,373,046,401.0013.1x-16.1x0.5x
Price to Earnings Ratio

-16.1x


Total Market Cap: HK$183.5bTotal Earnings: -HK$11,373,046,401.00Total Revenue: HK$343.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Electrical Industry Price to Earnings3Y Average 43.5x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Electrical industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 0.64x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Revenues for these companies have grown 7.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

HK Market4.52%
Industrials2.81%
Electrical-4.31%
Electrical Components-3.61%
Heavy Electrical Equipment-4.59%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 149x.
    • Analysts are expecting annual earnings growth of 65.2%, which is higher than its past year's earnings growth of 10.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings growth rate of 10% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2650 Shanghai Zhida Technology DevelopmentHK$307.2011.3%
+HK$1.9b
n/aPS25x
1133 Harbin ElectricHK$19.833.7%
+HK$1.6b
525.6%PE17.8x
2655 Guoxia TechnologyHK$58.754.0%
+HK$1.2b
n/aPE337.2x
1597 China Nature Energy Technology HoldingsHK$4.1362.0%
+HK$395.0m
21.5%PS6.3x
607 Fullshare HoldingsHK$1.8351.2%
+HK$394.8m
226.8%PS0.05x

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