Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJul 04, 2026
DataAggregated Company Financials
Companies21
- 7D-17.4%
- 3M5.9%
- 1Y463.1%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 17%, driven by a pullback from Yangtze Optical Fibre And Cable Limited of 20%. This takes the industry's 12 month performance to a gain of 463%. 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 |
|---|---|---|---|---|---|---|
| Sun, 05 Jul 2026 | HK$371.1b | HK$54.0b | HK$3.1b | 21.6x | 119.5x | 6.9x |
| Tue, 02 Jun 2026 | HK$402.3b | HK$260.5b | HK$7.3b | 22.5x | 55.4x | 1.5x |
| Thu, 30 Apr 2026 | HK$383.2b | HK$257.6b | HK$6.9b | 24.4x | 55.6x | 1.5x |
| Sat, 28 Mar 2026 | HK$318.7b | HK$254.3b | HK$7.6b | 23.4x | 42.1x | 1.3x |
| Mon, 23 Feb 2026 | HK$254.2b | HK$250.3b | HK$6.4b | 14.4x | 39.5x | 1x |
| Wed, 21 Jan 2026 | HK$186.5b | HK$248.1b | HK$6.4b | 13.8x | 29.3x | 0.8x |
| Fri, 19 Dec 2025 | HK$171.5b | HK$245.0b | HK$6.3b | 13.8x | 27.2x | 0.7x |
| Sun, 16 Nov 2025 | HK$158.3b | HK$243.0b | HK$6.3b | 13.3x | 25.3x | 0.7x |
| Tue, 14 Oct 2025 | HK$180.7b | HK$242.2b | HK$6.4b | 13.1x | 28.4x | 0.7x |
| Thu, 11 Sep 2025 | HK$185.4b | HK$243.0b | HK$6.4b | 12.8x | 29.1x | 0.8x |
| Sat, 09 Aug 2025 | HK$151.0b | HK$240.4b | HK$6.0b | 15.2x | 25x | 0.6x |
| Mon, 07 Jul 2025 | HK$126.5b | HK$240.9b | HK$6.0b | 14x | 20.9x | 0.5x |
| Wed, 04 Jun 2025 | HK$119.2b | HK$240.1b | HK$6.0b | 13.2x | 19.8x | 0.5x |
| Fri, 02 May 2025 | HK$118.7b | HK$234.4b | HK$5.9b | 12.6x | 20.1x | 0.5x |
| Sun, 30 Mar 2025 | HK$145.0b | HK$234.4b | HK$6.2b | 16.3x | 23.5x | 0.6x |
| Tue, 25 Feb 2025 | HK$183.0b | HK$208.2b | HK$6.7b | 13.7x | 27.5x | 0.9x |
| Thu, 23 Jan 2025 | HK$137.0b | HK$208.3b | HK$6.7b | 10.3x | 20.6x | 0.7x |
| Sat, 21 Dec 2024 | HK$129.6b | HK$207.0b | HK$6.6b | 11x | 19.6x | 0.6x |
| Mon, 18 Nov 2024 | HK$105.0b | HK$209.0b | HK$6.7b | 10.2x | 15.7x | 0.5x |
| Wed, 16 Oct 2024 | HK$113.6b | HK$211.7b | HK$6.9b | 10.8x | 16.5x | 0.5x |
| Fri, 13 Sep 2024 | HK$93.2b | HK$212.4b | HK$6.9b | 9.7x | 13.4x | 0.4x |
| Sun, 11 Aug 2024 | HK$102.7b | HK$188.8b | HK$7.3b | 12.8x | 14x | 0.5x |
| Tue, 09 Jul 2024 | HK$115.0b | HK$186.6b | HK$7.2b | 16.4x | 15.9x | 0.6x |
| Thu, 06 Jun 2024 | HK$119.7b | HK$187.1b | HK$7.2b | 14x | 16.6x | 0.6x |
| Sat, 04 May 2024 | HK$97.4b | HK$188.0b | HK$7.2b | 13.5x | 13.6x | 0.5x |
| Mon, 01 Apr 2024 | HK$100.8b | HK$189.5b | HK$7.4b | 11.9x | 13.6x | 0.5x |
| Wed, 28 Feb 2024 | HK$101.9b | HK$180.0b | HK$5.1b | 9.2x | 19.8x | 0.6x |
| Fri, 26 Jan 2024 | HK$101.9b | HK$181.0b | HK$5.1b | 9x | 20x | 0.6x |
| Sun, 24 Dec 2023 | HK$110.9b | HK$181.7b | HK$5.1b | 9.9x | 21.7x | 0.6x |
| Tue, 21 Nov 2023 | HK$122.1b | HK$180.4b | HK$5.1b | 9.4x | 24x | 0.7x |
| Thu, 19 Oct 2023 | HK$127.4b | HK$179.1b | HK$5.0b | 10.5x | 25.4x | 0.7x |
| Sat, 16 Sep 2023 | HK$123.1b | HK$179.9b | HK$5.0b | 11.2x | 24.5x | 0.7x |
| Mon, 14 Aug 2023 | HK$106.1b | HK$166.4b | HK$3.7b | 13.1x | 29x | 0.6x |
| Wed, 12 Jul 2023 | HK$101.0b | HK$167.2b | HK$3.6b | 17x | 27.8x | 0.6x |
Price to Earnings Ratio
27.8x
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 119x which is higher than its 3-year average PE of 27.4x.
- The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 6.9x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 4.9% per year over the last three years,
- Revenues have also declined 31% 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 | 1.13% | |
| Tech | -3.94% | |
| Communications | -17.38% | |
| Communications Equipment | -17.38% | |
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$37.50 | 4.8% +HK$688.0m | n/a | PE21.6x | |
| 9963 Transtech Optelecom Science Holdings | HK$9.94 | 23.0% +HK$556.1m | 3,159.0% | PS30.9x | |
| 1087 InvesTech Holdings | HK$1.90 | 84.5% +HK$208.7m | 336.8% | PS0.7x | |
| 2342 Comba Telecom Systems Holdings | HK$1.00 | 1.0% +HK$31.3m | -44.1% | PE89.3x | |
| 1085 Hengxin Technology | HK$1.85 | 2.8% +HK$23.3m | 49.2% | PS0.3x |