Narrative Update • Aug 10
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedAug 14, 2026
DataAggregated Company Financials
Companies20
- 7D8.8%
- 3M-38.0%
- 1Y174.0%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has risen 8.8%, driven by gains from Yangtze Optical Fibre And Cable Limited of 10%. Meanwhile, Plover Bay Technologies actually underperformed within the industry, shrinking 6.9% in the last week. This means that the industry has gained 174% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the Hong Kong Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Aug 2026 | HK$261.3b | HK$52.8b | HK$3.3b | 21.1x | 79.9x | 4.9x |
| Sun, 12 Jul 2026 | HK$322.0b | HK$54.0b | HK$3.1b | 21.6x | 103.6x | 6x |
| Tue, 09 Jun 2026 | HK$358.6b | HK$52.6b | HK$3.2b | 28.5x | 111.8x | 6.8x |
| Thu, 07 May 2026 | HK$374.7b | HK$259.3b | HK$7.3b | 24.4x | 51.3x | 1.4x |
| Sat, 04 Apr 2026 | HK$351.8b | HK$256.0b | HK$6.9b | 18.2x | 51.1x | 1.4x |
| Mon, 02 Mar 2026 | HK$280.6b | HK$252.2b | HK$6.5b | 14.8x | 43x | 1.1x |
| Wed, 28 Jan 2026 | HK$196.6b | HK$248.4b | HK$6.4b | 13.8x | 30.8x | 0.8x |
| Fri, 26 Dec 2025 | HK$184.4b | HK$245.7b | HK$6.3b | 14.2x | 29.2x | 0.8x |
| Sun, 23 Nov 2025 | HK$147.4b | HK$243.0b | HK$6.3b | 13.4x | 23.5x | 0.6x |
| Tue, 21 Oct 2025 | HK$169.2b | HK$242.3b | HK$6.4b | 12.6x | 26.6x | 0.7x |
| Thu, 18 Sep 2025 | HK$194.9b | HK$243.1b | HK$6.4b | 13.1x | 30.6x | 0.8x |
| Sat, 16 Aug 2025 | HK$159.4b | HK$239.7b | HK$6.0b | 16.3x | 26.4x | 0.7x |
| Mon, 14 Jul 2025 | HK$129.4b | HK$240.8b | HK$6.0b | 14.4x | 21.4x | 0.5x |
| Wed, 11 Jun 2025 | HK$121.4b | HK$240.3b | HK$6.0b | 13.9x | 20.1x | 0.5x |
| Fri, 09 May 2025 | HK$125.7b | HK$235.8b | HK$6.0b | 13.5x | 21.1x | 0.5x |
| Sun, 06 Apr 2025 | HK$132.4b | HK$234.1b | HK$5.8b | 15.4x | 22.7x | 0.6x |
| Tue, 04 Mar 2025 | HK$157.4b | HK$207.4b | HK$6.7b | 13.1x | 23.7x | 0.8x |
| Thu, 30 Jan 2025 | HK$143.9b | HK$208.8b | HK$6.7b | 11.4x | 21.5x | 0.7x |
| Sat, 28 Dec 2024 | HK$140.8b | HK$206.7b | HK$6.6b | 10.9x | 21.3x | 0.7x |
| Mon, 25 Nov 2024 | HK$117.7b | HK$208.6b | HK$6.7b | 10.1x | 17.6x | 0.6x |
| Wed, 23 Oct 2024 | HK$117.4b | HK$211.7b | HK$6.9b | 11.1x | 17x | 0.6x |
| Fri, 20 Sep 2024 | HK$94.9b | HK$213.7b | HK$7.0b | 9.5x | 13.6x | 0.4x |
| Sun, 18 Aug 2024 | HK$103.0b | HK$188.6b | HK$7.3b | 12.7x | 14.1x | 0.5x |
| Tue, 16 Jul 2024 | HK$119.5b | HK$186.7b | HK$7.2b | 16.1x | 16.6x | 0.6x |
| Thu, 13 Jun 2024 | HK$114.4b | HK$187.0b | HK$7.2b | 14.1x | 15.9x | 0.6x |
| Sat, 11 May 2024 | HK$109.9b | HK$188.2b | HK$7.2b | 14x | 15.3x | 0.6x |
| Mon, 08 Apr 2024 | HK$95.6b | HK$189.3b | HK$7.4b | 12.2x | 12.9x | 0.5x |
| Wed, 06 Mar 2024 | HK$102.7b | HK$179.9b | HK$5.2b | 9.3x | 19.9x | 0.6x |
| Fri, 02 Feb 2024 | HK$93.9b | HK$180.8b | HK$5.1b | 9.3x | 18.4x | 0.5x |
| Sun, 31 Dec 2023 | HK$117.8b | HK$182.4b | HK$5.1b | 9.9x | 22.9x | 0.6x |
| Tue, 28 Nov 2023 | HK$118.8b | HK$180.8b | HK$5.1b | 10.1x | 23.3x | 0.7x |
| Thu, 26 Oct 2023 | HK$119.2b | HK$179.0b | HK$5.0b | 10.4x | 23.8x | 0.7x |
| Sat, 23 Sep 2023 | HK$122.3b | HK$179.2b | HK$5.0b | 11x | 24.4x | 0.7x |
| Mon, 21 Aug 2023 | HK$106.1b | HK$165.8b | HK$3.7b | 13.1x | 28.7x | 0.6x |
Price to Earnings Ratio
28.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Communications Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 79.9x which is higher than its 3-year average PE of 29.6x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 4.1% per year over the last three years,
- Revenues have also declined 32% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Communications Equipment compare with similar industries?
| HK Market | -0.52% | |
| Tech | 4.49% | |
| Communications | 8.76% | |
| Communications Equipment | 8.76% | |
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$129.60 | 10.5% +HK$10.1b | 278.5% | PE79.1x | |
| 3355 FS.COM | HK$38.64 | 8.4% +HK$1.2b | n/a | PE22.1x | |
| 9963 Transtech Optelecom Science Holdings | HK$8.28 | 7.5% +HK$171.9m | 1,996.2% | PS25.7x | |
| 1300 Trigiant Group | HK$1.77 | 4.7% +HK$141.4m | 443.1% | PE25.5x | |
| 1617 Nanfang Communication Holdings | HK$0.31 | 27.0% +HK$107.3m | 152.0% | PE14.3x |