Has the Hong Kong Communications Equipment Industry valuation changed over the past few years?

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 52.5x which is higher than its 3-year average PE of 30.4x. The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 5.9x.

How does Hong Kong Communications Equipment compare with similar industries?

There are no additional sub-industries under this industry.

Hong Kong (HSI) Communications Equipment Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 11 Sep 2026	HK$330.2b	HK$57.4b	HK$6.4b	12x	51.6x	5.8x
Sun, 09 Aug 2026	HK$258.2b	HK$52.8b	HK$3.3b	20.7x	79x	4.9x
Tue, 07 Jul 2026	HK$342.9b	HK$53.9b	HK$3.1b	19.7x	110.5x	6.4x
Thu, 04 Jun 2026	HK$372.5b	HK$52.6b	HK$3.2b	26.8x	116x	7.1x
Sat, 02 May 2026	HK$360.8b	HK$258.7b	HK$7.3b	23.6x	49.5x	1.4x
Mon, 30 Mar 2026	HK$318.8b	HK$255.2b	HK$6.9b	22.8x	46.5x	1.2x
Wed, 25 Feb 2026	HK$273.6b	HK$251.5b	HK$6.5b	14.6x	42.3x	1.1x
Fri, 23 Jan 2026	HK$184.0b	HK$247.6b	HK$6.4b	13.5x	28.9x	0.7x
Sun, 21 Dec 2025	HK$176.8b	HK$245.0b	HK$6.3b	13.9x	28.1x	0.7x
Tue, 18 Nov 2025	HK$158.3b	HK$242.7b	HK$6.3b	13.7x	25.3x	0.7x
Thu, 16 Oct 2025	HK$176.6b	HK$242.3b	HK$6.4b	12.6x	27.8x	0.7x
Sat, 13 Sep 2025	HK$189.6b	HK$242.7b	HK$6.4b	13.9x	29.8x	0.8x
Mon, 11 Aug 2025	HK$150.9b	HK$240.3b	HK$6.0b	15.2x	25x	0.6x
Wed, 09 Jul 2025	HK$128.3b	HK$240.6b	HK$6.0b	13.9x	21.3x	0.5x
Fri, 06 Jun 2025	HK$123.2b	HK$240.4b	HK$6.0b	13.6x	20.4x	0.5x
Sun, 04 May 2025	HK$123.0b	HK$234.2b	HK$5.9b	13.3x	20.8x	0.5x
Tue, 01 Apr 2025	HK$141.3b	HK$234.8b	HK$6.2b	12.8x	22.8x	0.6x
Thu, 27 Feb 2025	HK$179.1b	HK$208.0b	HK$6.7b	14.9x	26.9x	0.9x
Sat, 25 Jan 2025	HK$145.1b	HK$208.8b	HK$6.7b	12.4x	21.7x	0.7x
Mon, 23 Dec 2024	HK$129.6b	HK$207.1b	HK$6.6b	11x	19.6x	0.6x
Wed, 20 Nov 2024	HK$109.2b	HK$208.7b	HK$6.7b	10x	16.3x	0.5x
Fri, 18 Oct 2024	HK$111.7b	HK$211.7b	HK$6.9b	10.7x	16.2x	0.5x
Sun, 15 Sep 2024	HK$93.7b	HK$213.1b	HK$6.9b	9.7x	13.5x	0.4x
Tue, 13 Aug 2024	HK$102.3b	HK$188.4b	HK$7.3b	12.7x	14x	0.5x
Thu, 11 Jul 2024	HK$119.4b	HK$186.5b	HK$7.2b	16.6x	16.5x	0.6x
Sat, 08 Jun 2024	HK$116.4b	HK$187.2b	HK$7.2b	14.1x	16.1x	0.6x
Mon, 06 May 2024	HK$97.3b	HK$187.9b	HK$7.2b	13.5x	13.6x	0.5x
Wed, 03 Apr 2024	HK$100.6b	HK$189.2b	HK$7.4b	12x	13.6x	0.5x
Fri, 01 Mar 2024	HK$101.1b	HK$180.1b	HK$5.1b	9.1x	19.7x	0.6x
Sun, 28 Jan 2024	HK$96.5b	HK$181.4b	HK$5.1b	9.2x	18.9x	0.5x
Tue, 26 Dec 2023	HK$111.0b	HK$181.6b	HK$5.1b	9.9x	21.7x	0.6x
Thu, 23 Nov 2023	HK$118.4b	HK$180.9b	HK$5.1b	9.6x	23.2x	0.7x
Sat, 21 Oct 2023	HK$118.6b	HK$179.0b	HK$5.0b	10.4x	23.6x	0.7x
Mon, 18 Sep 2023	HK$123.9b	HK$179.9b	HK$5.0b	11.1x	24.6x	0.7x


HK Market	-0.92%
Tech	-6.12%
Communications	6.18%
Communications Equipment	6.18%

Company	Last Price	7D	1Y	Valuation
6869 Yangtze Optical Fibre And Cable Limited	HK$183.50	15.1% +HK$19.8b	261.6%	PE37.5x
303 Vtech Holdings	HK$50.60	0.8% +HK$101.3m	-19.0%	PE12.2x
1300 Trigiant Group	HK$2.03	1.8% +HK$61.9m	553.2%	PE10.6x
1087 InvesTech Holdings	HK$1.31	8.3% +HK$24.0m	11.5%	PS0.5x
1720 Putian Communication Group	HK$0.32	6.8% +HK$22.0m	135.1%	PE4.9x

New Risk • Sep 03

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding).

Hong Kong (HSI) Communications Equipment Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 15%

Investor sentiment deteriorates as stock falls 15%

Executive Chairman recently bought HK$753k worth of stock

New major risk - Financial position

Now 23% overvalued

Now 20% undervalued after recent price drop

New major risk - Shareholder dilution

Insufficient new directors

First half 2026 earnings released: CN¥0.044 loss per share (vs CN¥0.071 loss in 1H 2025)

First half 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.001 in 1H 2025)

First half 2026 earnings released: EPS: CN¥0.023 (vs CN¥0.016 in 1H 2025)

First half 2026 earnings released: EPS: CN¥0.015 (vs CN¥0.15 loss in 1H 2025)

Investor sentiment improves as stock rises 16%

First half 2026 earnings released: HK$0.005 loss per share (vs HK$0.004 profit in 1H 2025)

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

New minor risk - Revenue size