Returns On Capital Signal Difficult Times Ahead For Trigiant Group (HKG:1300)
Feb 09
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Communications Industry Analysis
UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies21
- 7D6.4%
- 3M73.5%
- 1Y43.6%
- YTD50.3%
Last week, the Communications industry hasn't moved much but Yangtze Optical Fibre And Cable Limited is up 11% in that time. As for the the longer term, the industry is up 38% over the past 12 months. As for the next few years, earnings are expected to grow by 37% per annum.
Industry Valuation and Performance
Has the Hong Kong Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 24 Feb 2026 | HK$263.7b | HK$250.5b | HK$6.4b | 14.8x | 41x | 1.1x |
| Thu, 22 Jan 2026 | HK$186.2b | HK$248.0b | HK$6.4b | 13.7x | 29.2x | 0.8x |
| Sat, 20 Dec 2025 | HK$176.8b | HK$245.0b | HK$6.3b | 13.9x | 28.1x | 0.7x |
| Mon, 17 Nov 2025 | HK$158.3b | HK$243.0b | HK$6.3b | 13.3x | 25.3x | 0.7x |
| Wed, 15 Oct 2025 | HK$174.6b | HK$241.9b | HK$6.4b | 12.6x | 27.5x | 0.7x |
| Fri, 12 Sep 2025 | HK$192.1b | HK$242.9b | HK$6.4b | 13.3x | 30.2x | 0.8x |
| Sun, 10 Aug 2025 | HK$150.9b | HK$240.3b | HK$6.0b | 15.2x | 25x | 0.6x |
| Tue, 08 Jul 2025 | HK$124.8b | HK$240.6b | HK$6.0b | 13.7x | 20.7x | 0.5x |
| Thu, 05 Jun 2025 | HK$120.0b | HK$240.1b | HK$6.0b | 13.2x | 19.9x | 0.5x |
| Sat, 03 May 2025 | HK$123.0b | HK$234.2b | HK$5.9b | 13.3x | 20.8x | 0.5x |
| Mon, 31 Mar 2025 | HK$145.0b | HK$234.5b | HK$6.2b | 13.3x | 23.5x | 0.6x |
| Wed, 26 Feb 2025 | HK$180.0b | HK$207.9b | HK$6.7b | 13.6x | 27.1x | 0.9x |
| Fri, 24 Jan 2025 | HK$136.0b | HK$207.7b | HK$6.6b | 11.4x | 20.5x | 0.7x |
| Sun, 22 Dec 2024 | HK$129.6b | HK$207.1b | HK$6.6b | 11x | 19.6x | 0.6x |
| Tue, 19 Nov 2024 | HK$104.9b | HK$209.0b | HK$6.7b | 10.2x | 15.7x | 0.5x |
| Thu, 17 Oct 2024 | HK$113.0b | HK$211.8b | HK$6.9b | 10.7x | 16.4x | 0.5x |
| Sat, 14 Sep 2024 | HK$93.7b | HK$213.0b | HK$6.9b | 9.7x | 13.5x | 0.4x |
| Mon, 12 Aug 2024 | HK$102.7b | HK$188.8b | HK$7.3b | 12.8x | 14x | 0.5x |
| Wed, 10 Jul 2024 | HK$120.7b | HK$186.6b | HK$7.2b | 16.9x | 16.7x | 0.6x |
| Fri, 07 Jun 2024 | HK$121.0b | HK$187.1b | HK$7.2b | 14.1x | 16.8x | 0.6x |
| Sun, 05 May 2024 | HK$97.3b | HK$187.9b | HK$7.2b | 13.5x | 13.6x | 0.5x |
| Tue, 02 Apr 2024 | HK$100.8b | HK$189.3b | HK$7.4b | 11.9x | 13.6x | 0.5x |
| Thu, 29 Feb 2024 | HK$98.6b | HK$180.0b | HK$5.1b | 9x | 19.2x | 0.5x |
| Sat, 27 Jan 2024 | HK$96.6b | HK$181.7b | HK$5.1b | 9.1x | 18.9x | 0.5x |
| Mon, 25 Dec 2023 | HK$110.9b | HK$181.7b | HK$5.1b | 9.9x | 21.7x | 0.6x |
| Wed, 22 Nov 2023 | HK$120.1b | HK$181.2b | HK$5.1b | 9.7x | 23.5x | 0.7x |
| Fri, 20 Oct 2023 | HK$123.4b | HK$179.1b | HK$5.0b | 10.4x | 24.6x | 0.7x |
| Sun, 17 Sep 2023 | HK$123.9b | HK$179.9b | HK$5.0b | 11.1x | 24.6x | 0.7x |
| Tue, 15 Aug 2023 | HK$106.0b | HK$166.0b | HK$3.7b | 13.2x | 29x | 0.6x |
| Thu, 13 Jul 2023 | HK$100.5b | HK$167.4b | HK$3.6b | 16.9x | 27.7x | 0.6x |
| Sat, 10 Jun 2023 | HK$97.1b | HK$168.8b | HK$3.6b | 13.9x | 27x | 0.6x |
| Mon, 08 May 2023 | HK$96.6b | HK$174.9b | HK$3.9b | 14x | 24.6x | 0.6x |
| Wed, 05 Apr 2023 | HK$102.7b | HK$175.5b | HK$4.0b | 13.3x | 25.8x | 0.6x |
| Fri, 03 Mar 2023 | HK$103.2b | HK$153.7b | HK$2.7b | 11.9x | 38.7x | 0.7x |
Price to Earnings Ratio
38.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Communications industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 39.5x which is higher than its 3-year average PE of 22.8x.
- The 3-year average PS ratio of 0.63x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Communications industry have grown 34% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Tech industry?
| HK Market | 1.78% | |
| Tech | 1.34% | |
| Communications | 6.44% | |
| Communications Equipment | 6.44% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6869 Yangtze Optical Fibre And Cable Limited | HK$127.70 | 11.0% +HK$10.4b | 465.0% | PE161.9x | |
| 285 BYD Electronic (International) | HK$33.38 | 2.0% +HK$1.4b | -41.8% | PE14.8x | |
| 303 Vtech Holdings | HK$63.85 | 1.0% +HK$164.7m | 19.5% | PE14.4x | |
| 1300 Trigiant Group | HK$0.88 | 8.6% +HK$123.8m | 155.1% | PS0.5x | |
| 1720 Putian Communication Group | HK$0.45 | 27.1% +HK$104.5m | 308.3% | PE20.4x |
