Hong Kong (HSI) Communications Equipment Industry Analysis

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
Tue, 04 Aug 2026	HK$210.1b	HK$52.8b	HK$3.3b	19.5x	64.3x	4x
Thu, 02 Jul 2026	HK$414.1b	HK$54.0b	HK$3.1b	23.2x	134.1x	7.7x
Sat, 30 May 2026	HK$402.0b	HK$260.3b	HK$7.3b	22.5x	55.4x	1.5x
Mon, 27 Apr 2026	HK$377.6b	HK$257.5b	HK$6.9b	23.2x	54.8x	1.5x
Wed, 25 Mar 2026	HK$298.1b	HK$254.3b	HK$7.0b	18.8x	42.5x	1.2x
Fri, 20 Feb 2026	HK$257.4b	HK$250.3b	HK$6.4b	14.6x	40x	1x
Sun, 18 Jan 2026	HK$187.5b	HK$247.8b	HK$6.4b	14.1x	29.4x	0.8x
Tue, 16 Dec 2025	HK$166.6b	HK$244.8b	HK$6.3b	14.2x	26.5x	0.7x
Thu, 13 Nov 2025	HK$161.5b	HK$243.1b	HK$6.3b	13.9x	25.5x	0.7x
Sat, 11 Oct 2025	HK$186.4b	HK$242.7b	HK$6.4b	13x	29.2x	0.8x
Mon, 08 Sep 2025	HK$186.7b	HK$242.8b	HK$6.4b	12.7x	29.3x	0.8x
Wed, 06 Aug 2025	HK$147.1b	HK$240.3b	HK$6.0b	14.8x	24.3x	0.6x
Fri, 04 Jul 2025	HK$127.2b	HK$241.0b	HK$6.0b	13.8x	21.1x	0.5x
Sun, 01 Jun 2025	HK$117.3b	HK$239.6b	HK$6.0b	12.8x	19.5x	0.5x
Tue, 29 Apr 2025	HK$116.9b	HK$233.1b	HK$5.8b	13.3x	20.2x	0.5x
Thu, 27 Mar 2025	HK$146.7b	HK$234.6b	HK$6.5b	14.4x	22.6x	0.6x
Sat, 22 Feb 2025	HK$181.8b	HK$208.0b	HK$6.7b	14.3x	27.3x	0.9x
Mon, 20 Jan 2025	HK$128.0b	HK$206.6b	HK$6.6b	10.5x	19.3x	0.6x
Wed, 18 Dec 2024	HK$130.3b	HK$207.2b	HK$6.6b	10.3x	19.6x	0.6x
Fri, 15 Nov 2024	HK$105.6b	HK$208.6b	HK$6.7b	10.2x	15.8x	0.5x
Sun, 13 Oct 2024	HK$115.7b	HK$213.0b	HK$6.9b	10.9x	16.7x	0.5x
Tue, 10 Sep 2024	HK$95.2b	HK$212.4b	HK$6.9b	9.4x	13.7x	0.4x
Thu, 08 Aug 2024	HK$100.5b	HK$188.6b	HK$7.3b	12.5x	13.7x	0.5x
Sat, 06 Jul 2024	HK$119.3b	HK$186.7b	HK$7.2b	16.6x	16.5x	0.6x
Mon, 03 Jun 2024	HK$113.0b	HK$187.4b	HK$7.2b	13.8x	15.6x	0.6x
Wed, 01 May 2024	HK$94.1b	HK$188.1b	HK$7.2b	13.2x	13.1x	0.5x
Fri, 29 Mar 2024	HK$100.4b	HK$189.8b	HK$7.1b	12.5x	14.1x	0.5x
Sun, 25 Feb 2024	HK$99.6b	HK$180.0b	HK$5.1b	9.3x	19.4x	0.6x
Tue, 23 Jan 2024	HK$96.6b	HK$180.5b	HK$5.1b	8.8x	19x	0.5x
Thu, 21 Dec 2023	HK$107.9b	HK$181.4b	HK$5.1b	9.6x	21.1x	0.6x
Sat, 18 Nov 2023	HK$124.3b	HK$179.7b	HK$5.1b	9.9x	24.5x	0.7x
Mon, 16 Oct 2023	HK$130.1b	HK$179.3b	HK$5.0b	10.9x	25.9x	0.7x
Wed, 13 Sep 2023	HK$121.6b	HK$179.6b	HK$5.0b	11.2x	24.2x	0.7x
Fri, 11 Aug 2023	HK$108.6b	HK$166.9b	HK$3.6b	14.9x	29.9x	0.7x

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 65.4x which is higher than its 3-year average PE of 29.1x.

The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 4.0x.

Past Earnings Growth

The earnings for companies in the Communications Equipment industry have declined 3.5% 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	1.76%
Tech	-6.58%
Communications	-19.00%
Communications Equipment	-19.00%

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$36.44	16.3% +HK$2.0b	n/a	PE20.9x
1523 Plover Bay Technologies	HK$8.35	11.2% +HK$930.8m	20.3%	PE22.9x
1063 Suncorp Technologies	HK$0.33	525.0% +HK$420.0m	225.0%	PE16.5x
303 Vtech Holdings	HK$52.55	3.1% +HK$405.3m	-11.4%	PE12.7x
1300 Trigiant Group	HK$1.39	15.4% +HK$327.1m	332.8%	PE20.1x

Yangtze Optical Fibre and Cable Joint Stock Limited Company Announces Board and Committee Changes, Effective July 30, 2026

Yangtze Optical Fibre And Cable Joint Stock Limited Company approved the appointment of Dr. Tian Yu as a non-executive director. Approve the election and appointment of Dr. Peter Johannes Wijnandus Marie Bongaerts as a non- executive director of the fifth session of the board of directors of the Company; approve the election and appointment of Mr. Frank Franciscus Dorjee as an independent non-executive director of the fifth session of the board of directors of the Company; and appointment of Mr. Dai Yusi as an independent non-executive director of the fifth session of the board of directors of the Company. announced that Mr. Lars Frederick Persson, Mr. Pier Francesco Facchini and Mr. Hamavand Rayomand Shroff have retired from their positions as non-executive Directors, and Mr. Bingsheng Teng and Mr. Song Wei have retired from their positions as independent non-executive Directors, with effect from the conclusion of the EGM. appointed as a non-executive Director; each of Dr. Tian Yu and Dr. Peter Johannes Wijnandus Marie Bongaerts has been elected and appointed as a non-executive Director; each of Dr. Li Chang'ai and Mr. Tsang Hin Fun Anthony has been re-elected and appointed as an independent non-executive Director; and each of Mr. Frank Franciscus Dorjee and Mr. Dai Yusi has been elected and appointed as an independent non-executive Director, respectively, who together with Mr. Wang Ruichun (being the employee representative Director elected and appointed at the Company's first employees' representative meeting on July 10, 2026), constitute the fifth session of the Board. In view of the retirement of (i) Mr. Bingsheng Teng from his position as the chairman of the Nomination and Remuneration Committee and a member of the Strategy Committee, and (ii) Mr. Song Wei from his position as a member of the Nomination and Remuneration Committee and the chairman the Audit Committee, the Board has resolved that, with effect from July 30, 2026, (i) Mr. Dai Yusi has been appointed as a member of the Strategy Committee and the Audit Committee, (ii) Mr. Frank Franciscus Dorjee has been appointed as the chairman of the Nomination and Remuneration Committee and a member of the Strategy Committee, (iii) Dr. Guan Jingzhi has been appointed as a member of the Nomination and Remuneration Committee, and (iv) Dr. Li Chang'ai has been appointed as the chairman of the Audit Committee. Save as disclosed above, there has been no change in the composition of the Strategy Committee, the Audit Committee and the Nomination and Remuneration Committee. Ms. Lai Siu Kuen has resigned as and Ms. Wong Pui Kiu Ingrid ("Ms. Wong") has been appointed as the following positions of the Company, with effect from July 30, 2026. company secretary of the Company. Ms. Wong Pui Kiu Ingrid is currently a senior manager of Company Secretarial Services of Tricor Services Limited. Ms. Wong has over 10 years' experience in the corporate secretarial and legal advisory services. Ms. Wong is a Chartered Secretary, a Chartered Governance Professional and an associate of both The Hong Kong Chartered Governance Institute (HKCGI) and The Chartered Governance Institute (CGI) in the United Kingdom.

Hong Kong (HSI) Communications Equipment Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

First half 2026 earnings released: EPS: US$0.025 (vs US$0.02 in 1H 2025)

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 15%

Executive Chairman & CEO recently sold HK$17m worth of stock

Insufficient new directors

New minor risk - Revenue size

Yangtze Optical Fibre and Cable Joint Stock Limited Company Announces Board and Committee Changes, Effective July 30, 2026

Vtech Holdings Limited Approves Final Ordinary Dividend for the Financial Year Ended 31 March 2026, Payable on August 7, 2026

Sandmartin International Holdings Limited Announces Board Changes, Effective July 9, 2026

New major risk - Share price stability

Executive Chairman of the Board recently bought HK$55k worth of stock

Full year 2025 earnings released: HK$0.38 loss per share (vs HK$0.36 loss in FY 2024)