Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJul 01, 2026
DataAggregated Company Financials
Companies22
- 7D-3.0%
- 3M32.5%
- 1Y566.5%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 15%, driven by Yangtze Optical Fibre And Cable Limited declining 3.5%. In contrast, FS.COM has gained 13%. This takes the industry's 12 month performance to a gain of 533%. 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 |
|---|---|---|---|---|---|---|
| Wed, 01 Jul 2026 | HK$431.2b | HK$54.0b | HK$3.1b | 23.2x | 139.6x | 8x |
| Fri, 29 May 2026 | HK$383.1b | HK$259.9b | HK$7.3b | 23.5x | 52.8x | 1.5x |
| Sun, 26 Apr 2026 | HK$377.6b | HK$257.5b | HK$6.9b | 23.2x | 54.8x | 1.5x |
| Tue, 24 Mar 2026 | HK$280.3b | HK$254.5b | HK$7.0b | 17.2x | 39.9x | 1.1x |
| Thu, 19 Feb 2026 | HK$257.4b | HK$250.3b | HK$6.4b | 14.6x | 40x | 1x |
| Sat, 17 Jan 2026 | HK$187.5b | HK$247.9b | HK$6.4b | 14.1x | 29.4x | 0.8x |
| Mon, 15 Dec 2025 | HK$175.1b | HK$244.6b | HK$6.3b | 14.2x | 27.8x | 0.7x |
| Wed, 12 Nov 2025 | HK$162.1b | HK$243.1b | HK$6.3b | 13.7x | 25.6x | 0.7x |
| Fri, 10 Oct 2025 | HK$195.7b | HK$242.6b | HK$6.4b | 13.2x | 30.7x | 0.8x |
| Sun, 07 Sep 2025 | HK$186.7b | HK$242.8b | HK$6.4b | 12.7x | 29.3x | 0.8x |
| Tue, 05 Aug 2025 | HK$138.0b | HK$240.6b | HK$6.1b | 14.1x | 22.8x | 0.6x |
| Thu, 03 Jul 2025 | HK$125.8b | HK$240.8b | HK$6.0b | 13.8x | 20.8x | 0.5x |
| Sat, 31 May 2025 | HK$117.3b | HK$239.8b | HK$6.0b | 12.8x | 19.5x | 0.5x |
| Mon, 28 Apr 2025 | HK$123.5b | HK$233.4b | HK$5.8b | 13.7x | 21.3x | 0.5x |
| Wed, 26 Mar 2025 | HK$146.7b | HK$234.8b | HK$6.5b | 14.5x | 22.5x | 0.6x |
| Fri, 21 Feb 2025 | HK$175.0b | HK$208.1b | HK$6.7b | 12.7x | 26.3x | 0.8x |
| Sun, 19 Jan 2025 | HK$128.0b | HK$206.6b | HK$6.6b | 10.5x | 19.3x | 0.6x |
| Tue, 17 Dec 2024 | HK$131.4b | HK$207.4b | HK$6.6b | 10.3x | 19.8x | 0.6x |
| Thu, 14 Nov 2024 | HK$109.2b | HK$209.3b | HK$6.7b | 10.1x | 16.3x | 0.5x |
| Sat, 12 Oct 2024 | HK$116.3b | HK$212.9b | HK$6.9b | 10.9x | 16.8x | 0.5x |
| Mon, 09 Sep 2024 | HK$97.6b | HK$213.1b | HK$6.9b | 9.5x | 14x | 0.5x |
| Wed, 07 Aug 2024 | HK$97.6b | HK$189.3b | HK$7.4b | 12.5x | 13.3x | 0.5x |
| Fri, 05 Jul 2024 | HK$121.4b | HK$186.6b | HK$7.2b | 16.2x | 16.8x | 0.7x |
| Sun, 02 Jun 2024 | HK$113.0b | HK$187.4b | HK$7.2b | 13.8x | 15.6x | 0.6x |
| Tue, 30 Apr 2024 | HK$96.0b | HK$189.0b | HK$7.4b | 12.8x | 13x | 0.5x |
| Thu, 28 Mar 2024 | HK$99.0b | HK$189.8b | HK$7.1b | 11.9x | 13.9x | 0.5x |
| Sat, 24 Feb 2024 | HK$99.6b | HK$179.9b | HK$5.1b | 9.3x | 19.4x | 0.6x |
| Mon, 22 Jan 2024 | HK$101.5b | HK$181.3b | HK$5.1b | 9.1x | 19.9x | 0.6x |
| Wed, 20 Dec 2023 | HK$107.8b | HK$181.3b | HK$5.1b | 10.2x | 21.1x | 0.6x |
| Fri, 17 Nov 2023 | HK$122.4b | HK$179.0b | HK$5.0b | 10.1x | 24.7x | 0.7x |
| Sun, 15 Oct 2023 | HK$130.1b | HK$179.3b | HK$5.0b | 10.9x | 25.9x | 0.7x |
| Tue, 12 Sep 2023 | HK$122.5b | HK$179.6b | HK$5.0b | 11.3x | 24.4x | 0.7x |
| Thu, 10 Aug 2023 | HK$109.4b | HK$166.9b | HK$3.6b | 14.9x | 30.1x | 0.7x |
| Sat, 08 Jul 2023 | HK$99.7b | HK$166.8b | HK$3.6b | 17.1x | 27.5x | 0.6x |
Price to Earnings Ratio
27.5x
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 132x which is higher than its 3-year average PE of 27.0x.
- The 3-year average PS ratio of 0.86x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 5.0% 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 | -3.20% | |
| Tech | 4.16% | |
| Communications | -2.98% | |
| Communications Equipment | -2.98% | |
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 | |
|---|---|---|---|---|---|
| 3355 FS.COM | HK$39.60 | 12.9% +HK$1.8b | n/a | PE22.8x | |
| 1087 InvesTech Holdings | HK$1.80 | 140.0% +HK$251.9m | 380.0% | PS0.7x | |
| 1085 Hengxin Technology | HK$1.97 | 6.5% +HK$55.9m | 58.9% | PS0.4x | |
| 8227 Xi'an Haitian Antenna Technologies | HK$0.29 | 7.4% +HK$38.0m | 20.3% | PS17.3x | |
| 482 Sandmartin International Holdings | HK$0.69 | 9.5% +HK$14.7m | n/a | PS0.4x |