Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJul 10, 2026
DataAggregated Company Financials
Companies21
- 7D-15.4%
- 3M-24.8%
- 1Y386.8%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 36%, driven by a pullback from Yangtze Optical Fibre And Cable Limited of 19%. On the other hand FS.COM is actually up 12%. This takes the industry's 12 month performance to a gain of 361%. 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 |
|---|---|---|---|---|---|---|
| Fri, 10 Jul 2026 | HK$339.4b | HK$53.9b | HK$3.1b | 22.5x | 109.5x | 6.3x |
| Sun, 07 Jun 2026 | HK$362.9b | HK$52.6b | HK$3.2b | 29.6x | 113.1x | 6.9x |
| Tue, 05 May 2026 | HK$373.4b | HK$258.6b | HK$7.3b | 25.1x | 51.3x | 1.4x |
| Thu, 02 Apr 2026 | HK$331.5b | HK$256.5b | HK$6.9b | 18.9x | 48.2x | 1.3x |
| Sat, 28 Feb 2026 | HK$280.8b | HK$252.3b | HK$6.5b | 14.8x | 43.3x | 1.1x |
| Mon, 26 Jan 2026 | HK$185.8b | HK$247.9b | HK$6.4b | 13.5x | 29.1x | 0.7x |
| Wed, 24 Dec 2025 | HK$184.5b | HK$245.3b | HK$6.3b | 14.1x | 29.3x | 0.8x |
| Fri, 21 Nov 2025 | HK$154.1b | HK$242.9b | HK$6.3b | 13.8x | 24.6x | 0.6x |
| Sun, 19 Oct 2025 | HK$169.2b | HK$242.1b | HK$6.4b | 12.3x | 26.6x | 0.7x |
| Tue, 16 Sep 2025 | HK$185.4b | HK$242.6b | HK$6.4b | 13.5x | 29.2x | 0.8x |
| Thu, 14 Aug 2025 | HK$163.0b | HK$240.6b | HK$6.1b | 16.4x | 26.9x | 0.7x |
| Sat, 12 Jul 2025 | HK$130.9b | HK$240.6b | HK$6.0b | 14.4x | 21.7x | 0.5x |
| Mon, 09 Jun 2025 | HK$122.6b | HK$240.1b | HK$6.0b | 13.9x | 20.3x | 0.5x |
| Wed, 07 May 2025 | HK$123.1b | HK$235.7b | HK$5.9b | 13.1x | 20.7x | 0.5x |
| Fri, 04 Apr 2025 | HK$132.4b | HK$234.0b | HK$5.8b | 15.4x | 22.7x | 0.6x |
| Sun, 02 Mar 2025 | HK$162.5b | HK$207.6b | HK$6.7b | 13.9x | 24.4x | 0.8x |
| Tue, 28 Jan 2025 | HK$144.6b | HK$208.5b | HK$6.7b | 12.1x | 21.7x | 0.7x |
| Thu, 26 Dec 2024 | HK$135.7b | HK$206.8b | HK$6.6b | 10.9x | 20.5x | 0.7x |
| Sat, 23 Nov 2024 | HK$117.7b | HK$208.5b | HK$6.7b | 10.1x | 17.6x | 0.6x |
| Mon, 21 Oct 2024 | HK$122.1b | HK$212.1b | HK$6.9b | 10.8x | 17.7x | 0.6x |
| Wed, 18 Sep 2024 | HK$94.5b | HK$212.8b | HK$6.9b | 9.9x | 13.6x | 0.4x |
| Fri, 16 Aug 2024 | HK$102.4b | HK$188.8b | HK$7.3b | 12.7x | 14x | 0.5x |
| Sun, 14 Jul 2024 | HK$121.3b | HK$187.0b | HK$7.2b | 16.1x | 16.8x | 0.6x |
| Tue, 11 Jun 2024 | HK$116.4b | HK$187.1b | HK$7.2b | 14.1x | 16.1x | 0.6x |
| Thu, 09 May 2024 | HK$100.6b | HK$188.3b | HK$7.2b | 13.5x | 14x | 0.5x |
| Sat, 06 Apr 2024 | HK$95.6b | HK$189.2b | HK$7.4b | 12.2x | 12.9x | 0.5x |
| Mon, 04 Mar 2024 | HK$104.7b | HK$180.1b | HK$5.2b | 9.1x | 20.2x | 0.6x |
| Wed, 31 Jan 2024 | HK$95.1b | HK$182.5b | HK$5.1b | 9.2x | 18.5x | 0.5x |
| Fri, 29 Dec 2023 | HK$115.2b | HK$182.5b | HK$5.1b | 9.8x | 22.4x | 0.6x |
| Sun, 26 Nov 2023 | HK$119.2b | HK$180.9b | HK$5.1b | 10.1x | 23.4x | 0.7x |
| Tue, 24 Oct 2023 | HK$118.2b | HK$179.0b | HK$5.0b | 10.4x | 23.5x | 0.7x |
| Thu, 21 Sep 2023 | HK$122.0b | HK$179.4b | HK$5.0b | 11x | 24.3x | 0.7x |
| Sat, 19 Aug 2023 | HK$106.1b | HK$165.6b | HK$3.6b | 13.1x | 29.1x | 0.6x |
| Mon, 17 Jul 2023 | HK$103.0b | HK$168.1b | HK$3.6b | 17.1x | 28.3x | 0.6x |
Price to Earnings Ratio
28.3x
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 103x which is higher than its 3-year average PE of 27.8x.
- The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 5.2% per year over the last three years,
- Revenues have also declined 32% 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 | 2.85% | |
| Tech | 0.32% | |
| Communications | -15.44% | |
| Communications Equipment | -15.44% | |
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$38.92 | 12.5% +HK$1.7b | n/a | PE22.5x | |
| 1191 Crealights Technology | HK$187.30 | 7.3% +HK$1.1b | n/a | PS11.9x | |
| 303 Vtech Holdings | HK$52.50 | 4.6% +HK$582.6m | -10.6% | PE12.7x | |
| 8227 Xi'an Haitian Antenna Technologies | HK$0.29 | 9.4% +HK$47.4m | 9.4% | PS17.3x | |
| 1202 Chengdu SIWI Science and Technology | HK$1.57 | 6.8% +HK$40.0m | 84.7% | PE182.6x |