Narrative Update • Aug 10

Over the last 7 days, the Communications Equipment industry has risen 18%, driven by gains from Yangtze Optical Fibre And Cable Limited of 22%. In the last 12 months, the industry was up 155%. As for the next few years, earnings are expected to grow by 16% per annum.
Has the Hong Kong Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 30 Aug 2026 | HK$319.7b | HK$57.0b | HK$6.3b | 12.4x | 50.6x | 5.6x |
| Tue, 28 Jul 2026 | HK$255.0b | HK$52.6b | HK$3.2b | 19.4x | 79.1x | 4.8x |
| Thu, 25 Jun 2026 | HK$431.2b | HK$52.5b | HK$3.2b | 25.8x | 134.8x | 8.2x |
| Sat, 23 May 2026 | HK$388.3b | HK$259.4b | HK$7.2b | 25.6x | 53.6x | 1.5x |
| Mon, 20 Apr 2026 | HK$375.2b | HK$258.0b | HK$6.9b | 20.3x | 54.4x | 1.5x |
| Wed, 18 Mar 2026 | HK$263.6b | HK$251.6b | HK$6.5b | 13.8x | 40.5x | 1x |
| Fri, 13 Feb 2026 | HK$266.0b | HK$250.6b | HK$6.4b | 14.6x | 41.3x | 1.1x |
| Sun, 11 Jan 2026 | HK$182.4b | HK$247.4b | HK$6.4b | 13.7x | 28.7x | 0.7x |
| Tue, 09 Dec 2025 | HK$163.7b | HK$244.1b | HK$6.3b | 14.2x | 26.1x | 0.7x |
| Thu, 06 Nov 2025 | HK$161.0b | HK$242.9b | HK$6.3b | 13.2x | 25.4x | 0.7x |
| Sat, 04 Oct 2025 | HK$198.4b | HK$242.8b | HK$6.4b | 13.2x | 31.1x | 0.8x |
| Mon, 01 Sep 2025 | HK$186.2b | HK$242.3b | HK$6.6b | 13x | 28.4x | 0.8x |
| Wed, 30 Jul 2025 | HK$136.5b | HK$240.6b | HK$6.0b | 14.4x | 22.6x | 0.6x |
| Fri, 27 Jun 2025 | HK$124.1b | HK$240.8b | HK$6.0b | 13.8x | 20.5x | 0.5x |
| Sun, 25 May 2025 | HK$123.5b | HK$239.9b | HK$6.0b | 12.7x | 20.5x | 0.5x |
| Tue, 22 Apr 2025 | HK$116.0b | HK$233.5b | HK$5.8b | 13.8x | 20x | 0.5x |
| Thu, 20 Mar 2025 | HK$165.6b | HK$208.8b | HK$6.7b | 13.8x | 24.7x | 0.8x |
| Sat, 15 Feb 2025 | HK$181.7b | HK$208.1b | HK$6.7b | 13.3x | 27.3x | 0.9x |
| Mon, 13 Jan 2025 | HK$127.9b | HK$206.5b | HK$6.6b | 10.2x | 19.3x | 0.6x |
| Wed, 11 Dec 2024 | HK$133.9b | HK$208.2b | HK$6.7b | 10.1x | 20.1x | 0.6x |
| Fri, 08 Nov 2024 | HK$113.5b | HK$210.9b | HK$6.8b | 11.3x | 16.7x | 0.5x |
| Sun, 06 Oct 2024 | HK$118.0b | HK$213.2b | HK$6.9b | 10.9x | 17x | 0.6x |
| Tue, 03 Sep 2024 | HK$98.1b | HK$212.5b | HK$7.0b | 9.4x | 14.1x | 0.5x |
| Thu, 01 Aug 2024 | HK$105.2b | HK$187.9b | HK$7.3b | 12.6x | 14.4x | 0.6x |
| Sat, 29 Jun 2024 | HK$125.6b | HK$186.7b | HK$7.2b | 14.1x | 17.5x | 0.7x |
| Mon, 27 May 2024 | HK$111.3b | HK$187.2b | HK$7.2b | 14.1x | 15.4x | 0.6x |
| Wed, 24 Apr 2024 | HK$88.1b | HK$189.1b | HK$7.4b | 12.4x | 11.9x | 0.5x |
| Fri, 22 Mar 2024 | HK$106.2b | HK$179.9b | HK$5.2b | 9.4x | 20.6x | 0.6x |
| Sun, 18 Feb 2024 | HK$102.9b | HK$180.0b | HK$5.1b | 9.1x | 20x | 0.6x |
| Tue, 16 Jan 2024 | HK$106.5b | HK$181.0b | HK$5.1b | 9.6x | 20.9x | 0.6x |
| Thu, 14 Dec 2023 | HK$107.9b | HK$180.7b | HK$5.1b | 9.9x | 21.2x | 0.6x |
| Sat, 11 Nov 2023 | HK$114.7b | HK$178.5b | HK$4.9b | 10.1x | 23.2x | 0.6x |
| Mon, 09 Oct 2023 | HK$121.2b | HK$179.5b | HK$5.0b | 10.8x | 24.1x | 0.7x |
| Wed, 06 Sep 2023 | HK$124.1b | HK$179.6b | HK$5.0b | 11.1x | 24.7x | 0.7x |
24.7x
How does Hong Kong Communications Equipment compare with similar industries?
| HK Market | -0.088% | |
| Tech | 0.74% | |
| Communications | 18.16% | |
| Communications Equipment | 18.16% | |
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$170.30 | 21.6% +HK$24.9b | 221.3% | PE34.9x | |
| 3355 FS.COM | HK$42.08 | 8.2% +HK$1.3b | n/a | PE24x | |
| 1300 Trigiant Group | HK$1.82 | 12.7% +HK$362.4m | 458.5% | PE9.5x | |
| 1613 Synertone Communication | HK$1.32 | 17.4% +HK$104.5m | 459.6% | PS19.1x | |
| 1523 Plover Bay Technologies | HK$7.40 | 1.0% +HK$83.0m | 12.6% | PE20.3x |