Narrative Update • Aug 10
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedAug 11, 2026
DataAggregated Company Financials
Companies20
- 7D23.7%
- 3M-50.1%
- 1Y170.4%
- YTDn/a
The Communications Equipment industry is up 24% in the last week, with Yangtze Optical Fibre And Cable Limited up 16%. During this same period, the Plover Bay Technologies underperformed, falling 5.3%. In the last 12 months, the industry was up 170%. As for the next few years, earnings are expected to grow by 27% 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 |
|---|---|---|---|---|---|---|
| Tue, 11 Aug 2026 | HK$260.9b | HK$52.8b | HK$3.3b | 20.9x | 79.8x | 4.9x |
| Thu, 09 Jul 2026 | HK$318.0b | HK$53.9b | HK$3.1b | 19.4x | 102.6x | 5.9x |
| Sat, 06 Jun 2026 | HK$363.1b | HK$52.6b | HK$3.2b | 29.6x | 113.2x | 6.9x |
| Mon, 04 May 2026 | HK$360.8b | HK$258.7b | HK$7.3b | 23.6x | 49.5x | 1.4x |
| Wed, 01 Apr 2026 | HK$329.6b | HK$255.3b | HK$6.9b | 18.9x | 47.8x | 1.3x |
| Fri, 27 Feb 2026 | HK$277.5b | HK$252.8b | HK$6.5b | 15x | 42.7x | 1.1x |
| Sun, 25 Jan 2026 | HK$185.8b | HK$247.9b | HK$6.4b | 13.5x | 29.1x | 0.7x |
| Tue, 23 Dec 2025 | HK$185.8b | HK$245.1b | HK$6.3b | 14.1x | 29.5x | 0.8x |
| Thu, 20 Nov 2025 | HK$157.2b | HK$243.0b | HK$6.3b | 13.8x | 25.1x | 0.6x |
| Sat, 18 Oct 2025 | HK$169.3b | HK$242.1b | HK$6.4b | 12.3x | 26.6x | 0.7x |
| Mon, 15 Sep 2025 | HK$189.5b | HK$242.6b | HK$6.4b | 13.9x | 29.8x | 0.8x |
| Wed, 13 Aug 2025 | HK$159.3b | HK$240.2b | HK$6.0b | 16.3x | 26.4x | 0.7x |
| Fri, 11 Jul 2025 | HK$130.9b | HK$240.6b | HK$6.0b | 14.4x | 21.7x | 0.5x |
| Sun, 08 Jun 2025 | HK$122.6b | HK$240.1b | HK$6.0b | 13.9x | 20.3x | 0.5x |
| Tue, 06 May 2025 | HK$122.9b | HK$234.2b | HK$5.9b | 13.3x | 20.8x | 0.5x |
| Thu, 03 Apr 2025 | HK$142.6b | HK$234.6b | HK$5.8b | 15.7x | 24.4x | 0.6x |
| Sat, 01 Mar 2025 | HK$162.5b | HK$207.7b | HK$6.7b | 13.8x | 24.4x | 0.8x |
| Mon, 27 Jan 2025 | HK$145.2b | HK$208.7b | HK$6.7b | 12.4x | 21.7x | 0.7x |
| Wed, 25 Dec 2024 | HK$130.3b | HK$206.9b | HK$6.6b | 10.9x | 19.7x | 0.6x |
| Fri, 22 Nov 2024 | HK$114.9b | HK$208.6b | HK$6.7b | 10.3x | 17.2x | 0.6x |
| Sun, 20 Oct 2024 | HK$122.1b | HK$212.1b | HK$6.9b | 10.8x | 17.7x | 0.6x |
| Tue, 17 Sep 2024 | HK$93.7b | HK$212.9b | HK$6.9b | 9.2x | 13.5x | 0.4x |
| Thu, 15 Aug 2024 | HK$101.7b | HK$189.2b | HK$7.3b | 12.7x | 13.9x | 0.5x |
| Sat, 13 Jul 2024 | HK$121.3b | HK$187.0b | HK$7.2b | 16.1x | 16.8x | 0.6x |
| Mon, 10 Jun 2024 | HK$116.4b | HK$187.1b | HK$7.2b | 14.1x | 16.1x | 0.6x |
| Wed, 08 May 2024 | HK$101.9b | HK$188.6b | HK$7.2b | 13.5x | 14.2x | 0.5x |
| Fri, 05 Apr 2024 | HK$97.1b | HK$189.3b | HK$7.4b | 11.8x | 13.1x | 0.5x |
| Sun, 03 Mar 2024 | HK$104.7b | HK$180.1b | HK$5.2b | 9.1x | 20.2x | 0.6x |
| Tue, 30 Jan 2024 | HK$98.7b | HK$180.6b | HK$5.1b | 9.3x | 19.4x | 0.5x |
| Thu, 28 Dec 2023 | HK$112.4b | HK$181.3b | HK$5.1b | 10x | 22x | 0.6x |
| Sat, 25 Nov 2023 | HK$119.2b | HK$180.8b | HK$5.1b | 10.1x | 23.4x | 0.7x |
| Mon, 23 Oct 2023 | HK$118.6b | HK$179.0b | HK$5.0b | 10.4x | 23.6x | 0.7x |
| Wed, 20 Sep 2023 | HK$122.1b | HK$179.4b | HK$5.0b | 11x | 24.3x | 0.7x |
| Fri, 18 Aug 2023 | HK$107.0b | HK$165.7b | HK$3.6b | 13x | 29.3x | 0.6x |
Price to Earnings Ratio
29.3x
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 79.8x which is higher than its 3-year average PE of 29.4x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 3.6% 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 | -0.081% | |
| Tech | 7.07% | |
| Communications | 23.73% | |
| Communications Equipment | 23.73% | |
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$122.20 | 15.7% +HK$13.6b | 251.1% | PE74.6x | |
| 1300 Trigiant Group | HK$1.62 | 17.0% +HK$415.5m | 406.3% | PE23.4x | |
| 9963 Transtech Optelecom Science Holdings | HK$8.12 | 9.1% +HK$201.8m | 1,930.0% | PS25.2x | |
| 1617 Nanfang Communication Holdings | HK$0.28 | 12.0% +HK$48.8m | 124.0% | PE12.9x | |
| 1085 Hengxin Technology | HK$1.84 | 5.1% +HK$41.9m | 39.4% | PS0.3x |