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

Investors are optimistic on the Hong Kong Electrical industry, and appear confident in long term growth rates. The industry is trading at a PE ratio of 269x which is higher than its 3-year average PE of -12.4x. The 3-year average PS ratio of 0.72x is lower than the industry's current PS ratio of 1.1x.

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

Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 250x. Analysts are expecting annual earnings growth of 34.2%, which is higher than its past year's earnings decline of 14.3% per year.

Hong Kong (HSI) Electrical Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 09 Jun 2026	HK$516.7b	HK$468.4b	HK$1.9b	21.1x	269.4x	1.1x
Thu, 07 May 2026	HK$640.7b	HK$465.5b	HK$1.9b	20.6x	339.2x	1.4x
Sat, 04 Apr 2026	HK$470.1b	HK$456.3b	-HK$1,317,911,561.34	18x	-356.7x	1x
Mon, 02 Mar 2026	HK$532.9b	HK$435.6b	-HK$5,126,071,851.98	18.4x	-104x	1.2x
Wed, 28 Jan 2026	HK$454.0b	HK$428.8b	-HK$5,060,165,890.52	18.1x	-89.7x	1.1x
Fri, 26 Dec 2025	HK$422.6b	HK$424.2b	-HK$5,004,387,042.52	17.4x	-84.4x	1x
Sun, 23 Nov 2025	HK$361.6b	HK$417.5b	-HK$5,026,904,293.93	17.7x	-71.9x	0.9x
Tue, 21 Oct 2025	HK$359.3b	HK$411.1b	-HK$6,410,858,888.88	17.3x	-56x	0.9x
Thu, 18 Sep 2025	HK$347.6b	HK$412.3b	-HK$6,365,824,728.21	17.1x	-54.6x	0.8x
Sat, 16 Aug 2025	HK$335.9b	HK$387.4b	-HK$8,256,230,187.47	17.7x	-40.7x	0.9x
Mon, 14 Jul 2025	HK$286.0b	HK$380.4b	-HK$8,716,897,757.85	14.1x	-32.8x	0.8x
Wed, 11 Jun 2025	HK$279.5b	HK$379.4b	-HK$8,586,688,492.29	14.1x	-32.5x	0.7x
Fri, 09 May 2025	HK$262.4b	HK$373.2b	-HK$8,447,539,953.47	14.1x	-31.1x	0.7x
Sun, 06 Apr 2025	HK$231.6b	HK$362.1b	-HK$8,950,362,349.00	10.6x	-25.9x	0.6x
Tue, 04 Mar 2025	HK$240.1b	HK$340.7b	-HK$1,703,954,768.01	8.4x	-140.9x	0.7x
Thu, 30 Jan 2025	HK$221.6b	HK$343.5b	-HK$1,741,915,824.98	7.9x	-127.2x	0.6x
Sat, 28 Dec 2024	HK$238.5b	HK$340.0b	-HK$1,749,572,819.14	9.2x	-136.3x	0.7x
Mon, 25 Nov 2024	HK$273.1b	HK$343.3b	-HK$1,690,515,597.38	9.5x	-161.5x	0.8x
Wed, 23 Oct 2024	HK$210.3b	HK$345.6b	-HK$1,727,762,180.81	9.1x	-121.7x	0.6x
Fri, 20 Sep 2024	HK$172.7b	HK$349.1b	-HK$2,128,427,782.92	6.9x	-81.1x	0.5x
Sun, 18 Aug 2024	HK$190.8b	HK$338.4b	-HK$703,849,947.58	8.4x	-271x	0.6x
Tue, 16 Jul 2024	HK$193.4b	HK$334.5b	-HK$628,764,076.53	9.3x	-307.6x	0.6x
Thu, 13 Jun 2024	HK$196.8b	HK$335.1b	-HK$628,551,088.12	10.1x	-313.1x	0.6x
Sat, 11 May 2024	HK$201.3b	HK$336.5b	-HK$618,757,559.31	9.6x	-325.3x	0.6x
Mon, 08 Apr 2024	HK$187.2b	HK$338.1b	HK$2.0b	9.1x	93.1x	0.6x
Wed, 06 Mar 2024	HK$180.8b	HK$337.2b	HK$1.7b	7.4x	107x	0.5x
Fri, 02 Feb 2024	HK$186.2b	HK$358.8b	HK$1.9b	7.1x	99.3x	0.5x
Sun, 31 Dec 2023	HK$209.4b	HK$362.1b	HK$1.9b	7.2x	110.3x	0.6x
Tue, 28 Nov 2023	HK$153.5b	HK$339.9b	HK$2.6b	7.6x	58.9x	0.5x
Thu, 26 Oct 2023	HK$147.6b	HK$335.3b	HK$1.6b	8.5x	89.6x	0.4x
Sat, 23 Sep 2023	HK$155.5b	HK$335.8b	HK$1.7b	9.9x	92.1x	0.5x
Mon, 21 Aug 2023	HK$159.1b	HK$326.0b	HK$335.8m	9.7x	473.8x	0.5x
Wed, 19 Jul 2023	HK$172.3b	HK$329.6b	HK$403.0m	10.6x	427.5x	0.5x
Fri, 16 Jun 2023	HK$165.8b	HK$329.3b	HK$357.0m	10.2x	464.3x	0.5x


HK Market	-2.41%
Industrials	-2.86%
Electrical	-11.27%
Heavy Electrical Equipment	-10.08%
Electrical Components	-12.81%

Company	Last Price	7D	1Y	Valuation
8137 Honbridge Holdings	HK$0.58	5.5% +HK$435.1m	-7.9%	PS36.4x
8115 Qingda Oriental Group	HK$10.97	15.6% +HK$318.8m	89.1%	PE931.4x
1685 Boer Power Holdings	HK$0.81	32.8% +HK$154.8m	165.6%	PE30.2x
1608 VPower Group International Holdings	HK$0.12	19.6% +HK$133.4m	-56.4%	PS0.7x
842 Leoch International Technology	HK$1.19	8.2% +HK$129.8m	-50.6%	PS0.1x

Announcement • May 19

REPT BATTERO Showcases Energy Storage, Hybrid Battery Technologies And Megawatt Fast Charging Solutions

REPT BATTERO participated in the 18th China International Battery Fair (CIBF 2026) held in Shenzhen, showcasing its latest battery products and technologies across energy storage, passenger vehicles and commercial vehicle applications. REPT BATTERO showcased a full range of energy storage products across residential, C&I and utility-scale applications. In the residential storage segment, the company offered multiple cell formats including 50Ah, 72Ah, 100Ah, as well as 280Ah, 314Ah and 392Ah solutions for residential ESS systems. For C&I and utility-scale applications, REPT BATTERO presented its Wending® 392Ah and Wending® 588Ah large-capacity cells, further advancing energy density. Compared with 314Ah products, the Wending® 392Ah Cell delivers a 25% capacity increase, reaching 1.25kWh per cell. Under 0.5P operating conditions, the cell achieves up to 95% energy efficiency and supports applications ranging from residential ESS to grid-side storage projects. Meanwhile, the Wending® 588Ah Cell reaches 1.88kWh per cell. Leveraging Wending® technology, which enables shorter electron transmission paths and faster ion transport, the product achieves a balance of energy density, safety and cycle life. With over 10,000 cycles and a lifespan of 25–30 years, the cell is designed for long-duration energy storage applications. The company also showcased its Powtrix® 3.0 Energy Storage System. Integrating 392Ah cells within a standard 20-foot container, the system increases total energy capacity to 6.26MWh, delivering a 25% improvement in energy capacity while reducing site footprint by 16% and onsite installation time by 18%. The system supports stable operation across temperatures ranging from -40°C to 60°C, features 95.5% system efficiency and 2A active balancing capability, meeting high seismic resistance requirements, achieving zero thermal propagation, safer and more efficient transportation. In the passenger vehicle segment, REPT BATTERO introduced its 120Ah fast-charging cell, high-capacity fast-charging hybrid PACK solutions, hybrid solid-liquid high-nickel and manganese-based battery systems. The 120Ah Fast-Charging Cell supports 6C ultra-fast charging through advanced thermal management across a wide temperature range from -40°C to 70°C, balancing high energy density with enhanced safety performance. The Wending® 54Ah Cell, one of the company's most widely adopted PHEV platform products, emphasizes safety, durability and compatibility. In May 2025, it became one of the first products to pass China's mandatory battery safety standard GB38031-2025, successfully completing stringent thermal propagation, external fire exposure and impact tests. The product also supports stable power output under low SOC conditions at temperatures as low as -35°C, enabling broad adaptability across different vehicle scenarios. In next-generation battery technologies, REPT BATTERO presented the Wending® new solid-liquid hybrid battery technology platform, covering manganese-based and high-nickel systems to address both mass-market and premium EV segments. The Manganese-Based System is designed for mainstream EV and PHEV vehicles, with enhanced low-temperature performance and cycle stability. The battery maintains over 80% capacity retention even at -40°C and delivers over 4,000 cycles, passing severe nail penetration and bottom impact tests without fire or explosion. The High-Nickel System targets premium long-range EV vehicles. Through solid-state electrolyte coating technology and silicon-carbon anode materials, the product achieves energy density ranging from 280Wh/kg to 400Wh/kg while maintaining enhanced safety performance. The system also achieves zero thermal propagation under 170°C hot-box testing conditions. For commercial vehicle applications, REPT BATTERO introduced multiple new products designed to address core operational challenges across buses, heavy-duty trucks, mining trucks and construction machinery. The LFP 268Ah Ultra-Fast Charging Battery supports 4C charging capability, enabling up to 240 km of range in just 15 minutes, significantly improving operational efficiency. The LFP 324Ah Long-Life Battery is designed for high-intensity transportation scenarios, extending battery life to up to 10 years or 1.5 million kilometers. REPT BATTERO also unveiled Pack-F, increasing single-pack energy capacity to 600kWh while supporting 1.5C megawatt-level fast charging, improving charging efficiency by approximately 40%.

Hong Kong (HSI) Electrical Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Sigenergy Achieves TÜV SÜD Milestone and Expands AI-Powered Energy Storage Portfolio

Shanghai Electric Group Co., Ltd. Approves Final Dividend for the Year Ended 31 December 2025, Payable on 31 July 2026

Jiangsu Zenergy Battery Technologies Group Co., Ltd., Annual General Meeting, Jun 26, 2026

New major risk - Share price stability

Dividend of HK$0.61 announced

Sun.King Technology Group Limited Approves Final Dividend for the Year Ended 31 December 2025

Time Interconnect Technology Limited Approves Final Dividend for the Year Ended December 31, 2025

VPower Group International Holdings Limited Announces Management Changes, Effective June 1, 2026

Upcoming dividend of HK$0.41 per share

Upcoming dividend of HK$0.011 per share

REPT BATTERO Showcases Energy Storage, Hybrid Battery Technologies And Megawatt Fast Charging Solutions

First quarter 2026 earnings released: EPS: CN¥0.034 (vs CN¥0.005 in 1Q 2025)

Honbridge Holdings Limited, Annual General Meeting, May 28, 2026

Guoxia Technology Co., Ltd., Annual General Meeting, May 15, 2026

Full year 2025 earnings released: CN¥0.17 loss per share (vs CN¥0.41 profit in FY 2024)

Full year 2025 earnings released: CN¥0.17 loss per share (vs CN¥0.14 loss in FY 2024)