Hong Kong (HSI) Communications Equipment Industry Analysis

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
Wed, 26 Aug 2026	HK$301.6b	HK$55.9b	HK$5.9b	20.1x	51x	5.4x
Fri, 24 Jul 2026	HK$265.6b	HK$52.6b	HK$3.2b	18.6x	82.4x	5x
Sun, 21 Jun 2026	HK$366.8b	HK$52.6b	HK$3.2b	27.4x	114.3x	7x
Tue, 19 May 2026	HK$402.2b	HK$259.4b	HK$7.3b	25.9x	55x	1.6x
Thu, 16 Apr 2026	HK$370.9b	HK$258.0b	HK$6.9b	21.1x	53.7x	1.4x
Sat, 14 Mar 2026	HK$281.9b	HK$251.1b	HK$6.5b	13.8x	43.4x	1.1x
Mon, 09 Feb 2026	HK$229.8b	HK$249.3b	HK$6.4b	14.1x	35.9x	0.9x
Wed, 07 Jan 2026	HK$183.0b	HK$247.0b	HK$6.3b	13.7x	28.8x	0.7x
Fri, 05 Dec 2025	HK$162.9b	HK$244.1b	HK$6.3b	14.4x	25.9x	0.7x
Sun, 02 Nov 2025	HK$168.8b	HK$243.1b	HK$6.3b	13.2x	26.6x	0.7x
Tue, 30 Sep 2025	HK$190.6b	HK$242.8b	HK$6.4b	13.3x	30x	0.8x
Thu, 28 Aug 2025	HK$170.6b	HK$238.7b	HK$6.1b	18.8x	27.9x	0.7x
Sat, 26 Jul 2025	HK$132.3b	HK$240.8b	HK$6.0b	14.5x	21.9x	0.5x
Mon, 23 Jun 2025	HK$120.0b	HK$240.7b	HK$6.0b	13.5x	19.9x	0.5x
Wed, 21 May 2025	HK$125.3b	HK$238.6b	HK$6.0b	13.2x	20.9x	0.5x
Fri, 18 Apr 2025	HK$115.5b	HK$233.2b	HK$5.8b	13.9x	19.9x	0.5x
Sun, 16 Mar 2025	HK$165.3b	HK$208.7b	HK$6.7b	13.9x	24.7x	0.8x
Tue, 11 Feb 2025	HK$171.5b	HK$207.2b	HK$6.6b	13.6x	25.8x	0.8x
Thu, 09 Jan 2025	HK$132.3b	HK$206.3b	HK$6.6b	10.2x	20x	0.6x
Sat, 07 Dec 2024	HK$129.2b	HK$208.1b	HK$6.7b	9.8x	19.4x	0.6x
Mon, 04 Nov 2024	HK$116.1b	HK$212.0b	HK$6.8b	11.4x	17x	0.5x
Wed, 02 Oct 2024	HK$113.8b	HK$214.4b	HK$7.0b	9.9x	16.3x	0.5x
Fri, 30 Aug 2024	HK$98.5b	HK$213.1b	HK$7.0b	9.8x	14.1x	0.5x
Sun, 28 Jul 2024	HK$105.4b	HK$187.1b	HK$7.3b	12x	14.5x	0.6x
Tue, 25 Jun 2024	HK$123.2b	HK$186.8b	HK$7.2b	14.1x	17.1x	0.7x
Thu, 23 May 2024	HK$114.1b	HK$187.2b	HK$7.2b	14.6x	15.8x	0.6x
Sat, 20 Apr 2024	HK$89.5b	HK$189.2b	HK$7.4b	12.7x	12.1x	0.5x
Mon, 18 Mar 2024	HK$101.6b	HK$180.0b	HK$5.2b	9.2x	19.7x	0.6x
Wed, 14 Feb 2024	HK$97.9b	HK$180.0b	HK$5.1b	9.3x	19x	0.5x
Fri, 12 Jan 2024	HK$111.4b	HK$181.2b	HK$5.1b	9.6x	21.8x	0.6x
Sun, 10 Dec 2023	HK$106.1b	HK$180.9b	HK$5.1b	10.2x	20.8x	0.6x
Tue, 07 Nov 2023	HK$118.7b	HK$179.2b	HK$5.0b	10.1x	23.9x	0.7x
Thu, 05 Oct 2023	HK$120.3b	HK$179.5b	HK$5.0b	10.7x	23.9x	0.7x
Sat, 02 Sep 2023	HK$121.8b	HK$180.6b	HK$5.1b	11.2x	24.1x	0.7x

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 51.0x which is higher than its 3-year average PE of 30.0x.

The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 5.4x.

Past Earnings Growth

The earnings for companies in the Communications Equipment industry have grown 5.4% per year over the last three years.
Meanwhile revenues for these companies have declined 32% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Hong Kong Communications Equipment compare with similar industries?


HK Market	1.49%
Tech	-2.88%
Communications	8.44%
Communications Equipment	8.44%

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$163.00	24.1% +HK$26.1b	265.1%	PE33.4x
3355 FS.COM	HK$39.96	10.8% +HK$1.6b	n/a	PE22.8x
1300 Trigiant Group	HK$1.75	10.1% +HK$282.9m	428.8%	PE25.2x
9963 Transtech Optelecom Science Holdings	HK$11.28	6.6% +HK$209.3m	2,990.4%	PS35x
1613 Synertone Communication	HK$1.12	12.6% +HK$67.0m	346.0%	PS16.2x

Company

Last Price

Valuation

6869 Yangtze Optical Fibre And Cable Limited

HK$163.00

24.1%
+HK$26.1b

265.1%

PE33.4x

3355 FS.COM

HK$39.96

10.8%
+HK$1.6b

n/a

PE22.8x

1300 Trigiant Group

HK$1.75

10.1%
+HK$282.9m

428.8%

PE25.2x

9963 Transtech Optelecom Science Holdings

HK$11.28

6.6%
+HK$209.3m

2,990.4%

PS35x

1613 Synertone Communication

HK$1.12

12.6%
+HK$67.0m

346.0%

PS16.2x

Trigiant Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2026

Trigiant Group Limited provided consolidated earnings guidance for the six months ended 30 June 2026. For the period, the company expected to record a profit of around RMB 208.4 million compared to the unaudited profit of approximately RMB 25.0 million recorded for the six months ended 30 June 2025, representing an increase of approximately 735.3%. Major contributing factors for the increase in profit are as follows: the unaudited revenue of the Group for the first half of 2026 amounted to approximately RMB 1,750.5 million, representing a year-on-year increase of 41.7% as compared to the unaudited revenue of approximately RMB 1,235.6 million for first half of 2025; a half-year- on-half-year increase of 24.8% as compared to the unaudited revenue of approximately RMB 1,402.9 million for the six-month period ended 31 December 2025; from the latest management account, the unaudited gross profit of the Group for the first half of 2026 amounted to approximately RMB 266.4 million, representing a year-on-year increase of 90.7% as compared to the unaudited gross profit of approximately RMB 139.7 million for the first half of 2025; a half-year-on-half-year increase of 87.0% as compared to the unaudited gross profit of approximately RMB 142.5 million for second half of 2025; and Other factors contributing to the increase in profit included an impairment losses reversed under expected credit loss model recorded in the first half of 2026, increases in other income and other gains, and decreases in administrative expenses and finance costs. These gains were partially offset by increases in taxation charge, selling and distribution costs, and research and development costs.

Hong Kong (HSI) Communications Equipment Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

First half 2026 earnings released: EPS: HK$0.018 (vs HK$0.021 in 1H 2025)

Now 21% overvalued

Trigiant Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2026

New minor risk - Market cap size

FS.COM Limited (SEHK:3355) completed the acquisition of Shanghai Baud Data Communication Co., Ltd. from a group of shareholders.

Less than half of directors are independent

Sandmartin International Holdings Limited to Report First Half, 2026 Results on Aug 31, 2026

Putian Communication Group Limited to Report First Half, 2026 Results on Aug 31, 2026

Transtech Optelecom Science Holdings Limited to Report First Half, 2026 Results on Aug 27, 2026

Chengdu SIWI Science and Technology Company Limited to Report First Half, 2026 Results on Aug 26, 2026

Nanfang Communication Holdings Limited to Report First Half, 2026 Results on Aug 27, 2026

303: Future Upside Will Rely On Dividend Payout And Margin Recovery

Investor sentiment improves as stock rises 18%

Xi'an Haitian Antenna Technologies Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026

New minor risk - Revenue size

Executive Chairman of the Board recently bought HK$55k worth of stock