Optimistic Investors Push Hengxin Technology Ltd. (HKG:1085) Shares Up 26% But Growth Is Lacking
Jan 19
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJan 19, 2026
DataAggregated Company Financials
Companies21
- 7D2.8%
- 3M6.6%
- 1Y43.4%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has risen 2.8%, driven by gains from Yangtze Optical Fibre And Cable Limited of 14%. Meanwhile, Comba Telecom Systems Holdings actually underperformed within the industry, shrinking 5.6% in the last week. This takes the industry's 12 month performance to a gain of 43%. Looking forward, earnings are forecast to grow by 29% annually.
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, 19 Jan 2026 | HK$187.5b | HK$247.8b | HK$6.4b | 14.1x | 29.4x | 0.8x |
| Wed, 17 Dec 2025 | HK$160.3b | HK$244.9b | HK$6.3b | 13.9x | 25.4x | 0.7x |
| Fri, 14 Nov 2025 | HK$161.6b | HK$243.8b | HK$6.4b | 13.9x | 25.4x | 0.7x |
| Sun, 12 Oct 2025 | HK$186.4b | HK$242.3b | HK$6.4b | 13x | 29.3x | 0.8x |
| Tue, 09 Sep 2025 | HK$185.3b | HK$242.8b | HK$6.4b | 12.5x | 29.1x | 0.8x |
| Thu, 07 Aug 2025 | HK$150.2b | HK$240.3b | HK$6.0b | 15.5x | 24.8x | 0.6x |
| Sat, 05 Jul 2025 | HK$126.5b | HK$241.0b | HK$6.0b | 14x | 20.9x | 0.5x |
| Mon, 02 Jun 2025 | HK$117.3b | HK$239.6b | HK$6.0b | 12.8x | 19.5x | 0.5x |
| Wed, 30 Apr 2025 | HK$118.3b | HK$233.8b | HK$5.8b | 13.5x | 20.3x | 0.5x |
| Fri, 28 Mar 2025 | HK$144.2b | HK$234.9b | HK$6.5b | 13.2x | 22.2x | 0.6x |
| Sun, 23 Feb 2025 | HK$181.8b | HK$208.1b | HK$6.7b | 14.2x | 27.3x | 0.9x |
| Tue, 21 Jan 2025 | HK$130.3b | HK$206.9b | HK$6.6b | 10.4x | 19.7x | 0.6x |
| Thu, 19 Dec 2024 | HK$130.1b | HK$207.3b | HK$6.6b | 10.4x | 19.6x | 0.6x |
| Sat, 16 Nov 2024 | HK$105.0b | HK$209.0b | HK$6.7b | 10.2x | 15.7x | 0.5x |
| Mon, 14 Oct 2024 | HK$115.7b | HK$213.0b | HK$6.9b | 10.9x | 16.7x | 0.5x |
| Wed, 11 Sep 2024 | HK$94.8b | HK$212.3b | HK$6.9b | 9.4x | 13.7x | 0.4x |
| Fri, 09 Aug 2024 | HK$100.4b | HK$188.5b | HK$7.3b | 12.9x | 13.7x | 0.5x |
| Sun, 07 Jul 2024 | HK$119.3b | HK$186.7b | HK$7.2b | 16.6x | 16.5x | 0.6x |
| Tue, 04 Jun 2024 | HK$118.6b | HK$187.3b | HK$7.2b | 13.8x | 16.4x | 0.6x |
| Thu, 02 May 2024 | HK$94.1b | HK$188.0b | HK$7.2b | 13.2x | 13.1x | 0.5x |
| Sat, 30 Mar 2024 | HK$100.4b | HK$189.6b | HK$7.3b | 12.5x | 13.8x | 0.5x |
| Mon, 26 Feb 2024 | HK$99.6b | HK$180.0b | HK$5.1b | 9.3x | 19.4x | 0.6x |
| Wed, 24 Jan 2024 | HK$99.2b | HK$181.1b | HK$5.1b | 9.2x | 19.4x | 0.5x |
| Fri, 22 Dec 2023 | HK$109.4b | HK$181.4b | HK$5.1b | 9.9x | 21.4x | 0.6x |
| Sun, 19 Nov 2023 | HK$124.4b | HK$179.7b | HK$5.1b | 9.9x | 24.6x | 0.7x |
| Tue, 17 Oct 2023 | HK$130.1b | HK$179.3b | HK$5.0b | 10.9x | 25.9x | 0.7x |
| Thu, 14 Sep 2023 | HK$123.1b | HK$180.0b | HK$5.0b | 11.1x | 24.4x | 0.7x |
| Sat, 12 Aug 2023 | HK$106.9b | HK$166.4b | HK$3.6b | 14.8x | 29.5x | 0.6x |
| Mon, 10 Jul 2023 | HK$99.7b | HK$166.8b | HK$3.6b | 17.1x | 27.6x | 0.6x |
| Wed, 07 Jun 2023 | HK$96.7b | HK$169.1b | HK$3.6b | 12.7x | 26.9x | 0.6x |
| Fri, 05 May 2023 | HK$96.7b | HK$174.9b | HK$3.9b | 14x | 24.6x | 0.6x |
| Sun, 02 Apr 2023 | HK$103.7b | HK$175.8b | HK$4.0b | 13.4x | 26x | 0.6x |
| Tue, 28 Feb 2023 | HK$98.0b | HK$152.8b | HK$2.7b | 11.6x | 37x | 0.6x |
| Thu, 26 Jan 2023 | HK$108.4b | HK$155.5b | HK$2.7b | 11.4x | 40.1x | 0.7x |
Price to Earnings Ratio
40.1x
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 29.4x which is higher than its 3-year average PE of 23.0x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Communications Equipment compare with similar industries?
| HK Market | 1.58% | |
| Tech | 3.25% | |
| Communications | 2.84% | |
| Communications Equipment | 2.84% | |
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$55.05 | 13.8% +HK$5.5b | 301.8% | PE70.6x | |
| 1300 Trigiant Group | HK$0.74 | 49.5% +HK$433.2m | 142.6% | PS0.5x | |
| 303 Vtech Holdings | HK$62.05 | 2.1% +HK$316.8m | 20.5% | PE14x | |
| 1523 Plover Bay Technologies | HK$6.68 | 2.9% +HK$209.9m | 48.4% | PE23.3x | |
| 1617 Nanfang Communication Holdings | HK$0.14 | 22.7% +HK$40.7m | 50.0% | PE3.2x |
