Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJul 20, 2026
DataAggregated Company Financials
Companies21
- 7D-16.6%
- 3M-35.1%
- 1Y272.0%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 17%, driven by a pullback from Yangtze Optical Fibre And Cable Limited of 18%. Over the past 12 months, the industry was up 272%. As for the next few years, earnings are expected to grow by 43% 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 |
|---|---|---|---|---|---|---|
| Mon, 20 Jul 2026 | HK$279.3b | HK$54.0b | HK$3.1b | 18.2x | 89.9x | 5.2x |
| Wed, 17 Jun 2026 | HK$373.3b | HK$52.6b | HK$3.2b | 28.7x | 116.3x | 7.1x |
| Fri, 15 May 2026 | HK$417.5b | HK$260.1b | HK$7.3b | 27.2x | 57x | 1.6x |
| Sun, 12 Apr 2026 | HK$386.2b | HK$257.7b | HK$6.9b | 24.3x | 56x | 1.5x |
| Tue, 10 Mar 2026 | HK$261.0b | HK$250.0b | HK$6.5b | 14.1x | 40.3x | 1x |
| Thu, 05 Feb 2026 | HK$226.2b | HK$249.1b | HK$6.4b | 13.7x | 35.3x | 0.9x |
| Sat, 03 Jan 2026 | HK$183.9b | HK$247.0b | HK$6.4b | 13.9x | 29x | 0.7x |
| Mon, 01 Dec 2025 | HK$161.4b | HK$244.1b | HK$6.3b | 14.2x | 25.7x | 0.7x |
| Wed, 29 Oct 2025 | HK$178.7b | HK$243.0b | HK$6.4b | 13.3x | 28x | 0.7x |
| Fri, 26 Sep 2025 | HK$198.1b | HK$242.5b | HK$6.4b | 13.3x | 31.2x | 0.8x |
| Sun, 24 Aug 2025 | HK$161.8b | HK$239.7b | HK$6.2b | 21.2x | 25.9x | 0.7x |
| Tue, 22 Jul 2025 | HK$131.7b | HK$240.5b | HK$6.0b | 14.1x | 21.8x | 0.5x |
| Thu, 19 Jun 2025 | HK$119.1b | HK$240.2b | HK$6.0b | 13.5x | 19.8x | 0.5x |
| Sat, 17 May 2025 | HK$126.5b | HK$238.7b | HK$6.0b | 13.7x | 21.1x | 0.5x |
| Mon, 14 Apr 2025 | HK$117.7b | HK$233.5b | HK$5.8b | 14x | 20.3x | 0.5x |
| Wed, 12 Mar 2025 | HK$165.0b | HK$208.7b | HK$6.7b | 13.3x | 24.7x | 0.8x |
| Fri, 07 Feb 2025 | HK$169.4b | HK$207.6b | HK$6.6b | 12.2x | 25.5x | 0.8x |
| Sun, 05 Jan 2025 | HK$133.2b | HK$206.6b | HK$6.6b | 10.5x | 20.1x | 0.6x |
| Tue, 03 Dec 2024 | HK$127.7b | HK$207.8b | HK$6.7b | 10x | 19.2x | 0.6x |
| Thu, 31 Oct 2024 | HK$120.5b | HK$211.6b | HK$6.9b | 11.6x | 17.5x | 0.6x |
| Sat, 28 Sep 2024 | HK$111.3b | HK$214.6b | HK$7.0b | 9.9x | 15.9x | 0.5x |
| Mon, 26 Aug 2024 | HK$103.7b | HK$189.6b | HK$7.3b | 12.1x | 14.2x | 0.5x |
| Wed, 24 Jul 2024 | HK$109.4b | HK$186.5b | HK$7.2b | 15.1x | 15.2x | 0.6x |
| Fri, 21 Jun 2024 | HK$125.8b | HK$186.7b | HK$7.2b | 14.7x | 17.5x | 0.7x |
| Sun, 19 May 2024 | HK$113.0b | HK$188.0b | HK$7.2b | 14.5x | 15.7x | 0.6x |
| Tue, 16 Apr 2024 | HK$92.4b | HK$189.1b | HK$7.4b | 13.3x | 12.5x | 0.5x |
| Thu, 14 Mar 2024 | HK$106.8b | HK$180.1b | HK$5.2b | 9.2x | 20.7x | 0.6x |
| Sat, 10 Feb 2024 | HK$98.4b | HK$179.9b | HK$5.1b | 9.3x | 19.2x | 0.5x |
| Mon, 08 Jan 2024 | HK$112.4b | HK$181.5b | HK$5.1b | 9.9x | 22x | 0.6x |
| Wed, 06 Dec 2023 | HK$108.1b | HK$181.6b | HK$5.1b | 9.9x | 21.1x | 0.6x |
| Fri, 03 Nov 2023 | HK$112.3b | HK$178.2b | HK$4.9b | 9.9x | 22.7x | 0.6x |
| Sun, 01 Oct 2023 | HK$120.3b | HK$179.5b | HK$5.0b | 10.7x | 23.9x | 0.7x |
| Tue, 29 Aug 2023 | HK$113.2b | HK$166.5b | HK$4.1b | 10.1x | 27.8x | 0.7x |
| Thu, 27 Jul 2023 | HK$107.5b | HK$167.7b | HK$3.6b | 13.3x | 29.6x | 0.6x |
Price to Earnings Ratio
29.6x
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 89.9x which is higher than its 3-year average PE of 28.5x.
- The 3-year average PS ratio of 0.96x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 5.1% per year over the last three years,
- Revenues have also declined 31% 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 | 0.25% | |
| Tech | -11.67% | |
| Communications | -16.64% | |
| Communications Equipment | -16.64% | |
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 | |
|---|---|---|---|---|---|
| 303 Vtech Holdings | HK$54.05 | 1.6% +HK$215.3m | -2.0% | PE13x | |
| 9963 Transtech Optelecom Science Holdings | HK$8.91 | 7.0% +HK$173.4m | 2,127.5% | PS27.7x | |
| 1085 Hengxin Technology | HK$1.89 | 6.2% +HK$51.2m | 54.9% | PS0.3x | |
| 8487 ISP Global | HK$0.073 | 25.9% +HK$15.7m | -27.0% | PS0.5x | |
| 1613 Synertone Communication | HK$0.48 | 5.4% +HK$13.4m | 100.4% | PS5.2x |