Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJun 23, 2026
DataAggregated Company Financials
Companies21
- 7D16.3%
- 3M60.3%
- 1Y697.7%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has risen 16%, driven by gains from Yangtze Optical Fibre And Cable Limited of 20%. In the same time, Plover Bay Technologies was down 8.4%. This means that the industry has gained 698% over the past year. Looking forward, earnings are forecast to grow by 43% 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 |
|---|---|---|---|---|---|---|
| Tue, 23 Jun 2026 | HK$418.1b | HK$52.6b | HK$3.2b | 26.6x | 130.3x | 7.9x |
| Thu, 21 May 2026 | HK$395.5b | HK$259.4b | HK$7.3b | 25.6x | 54.1x | 1.5x |
| Sat, 18 Apr 2026 | HK$374.9b | HK$257.9b | HK$6.9b | 20.3x | 54.4x | 1.5x |
| Mon, 16 Mar 2026 | HK$281.5b | HK$251.1b | HK$6.5b | 13.8x | 43.3x | 1.1x |
| Wed, 11 Feb 2026 | HK$256.6b | HK$250.3b | HK$6.4b | 14.3x | 39.9x | 1x |
| Fri, 09 Jan 2026 | HK$184.9b | HK$247.2b | HK$6.4b | 13.7x | 29.1x | 0.7x |
| Sun, 07 Dec 2025 | HK$162.5b | HK$244.2b | HK$6.3b | 14.4x | 25.9x | 0.7x |
| Tue, 04 Nov 2025 | HK$166.6b | HK$243.1b | HK$6.3b | 13.2x | 26.3x | 0.7x |
| Thu, 02 Oct 2025 | HK$191.8b | HK$242.8b | HK$6.4b | 13.3x | 30.1x | 0.8x |
| Sat, 30 Aug 2025 | HK$186.2b | HK$240.0b | HK$6.3b | 13x | 29.5x | 0.8x |
| Mon, 28 Jul 2025 | HK$132.2b | HK$240.8b | HK$6.0b | 14.5x | 21.9x | 0.5x |
| Wed, 25 Jun 2025 | HK$123.6b | HK$240.7b | HK$6.0b | 13.9x | 20.5x | 0.5x |
| Fri, 23 May 2025 | HK$123.9b | HK$239.0b | HK$6.0b | 13.1x | 20.7x | 0.5x |
| Sun, 20 Apr 2025 | HK$115.7b | HK$233.2b | HK$5.8b | 13.9x | 20x | 0.5x |
| Tue, 18 Mar 2025 | HK$166.6b | HK$208.7b | HK$6.7b | 14x | 24.9x | 0.8x |
| Thu, 13 Feb 2025 | HK$186.8b | HK$207.1b | HK$6.6b | 13.6x | 28.2x | 0.9x |
| Sat, 11 Jan 2025 | HK$127.9b | HK$206.5b | HK$6.6b | 10.2x | 19.3x | 0.6x |
| Mon, 09 Dec 2024 | HK$129.2b | HK$207.9b | HK$6.7b | 9.8x | 19.4x | 0.6x |
| Wed, 06 Nov 2024 | HK$121.1b | HK$212.3b | HK$6.8b | 11.5x | 17.7x | 0.6x |
| Fri, 04 Oct 2024 | HK$112.9b | HK$213.8b | HK$7.0b | 9.9x | 16.2x | 0.5x |
| Sun, 01 Sep 2024 | HK$101.2b | HK$213.1b | HK$7.0b | 9.3x | 14.5x | 0.5x |
| Tue, 30 Jul 2024 | HK$105.0b | HK$187.0b | HK$7.3b | 12x | 14.4x | 0.6x |
| Thu, 27 Jun 2024 | HK$120.6b | HK$186.6b | HK$7.2b | 13.8x | 16.8x | 0.6x |
| Sat, 25 May 2024 | HK$111.3b | HK$187.2b | HK$7.2b | 14.1x | 15.4x | 0.6x |
| Mon, 22 Apr 2024 | HK$86.7b | HK$189.2b | HK$7.4b | 12.2x | 11.7x | 0.5x |
| Wed, 20 Mar 2024 | HK$102.1b | HK$179.9b | HK$5.2b | 9.2x | 19.8x | 0.6x |
| Fri, 16 Feb 2024 | HK$99.3b | HK$181.5b | HK$5.2b | 8.8x | 19.2x | 0.5x |
| Sun, 14 Jan 2024 | HK$112.7b | HK$181.2b | HK$5.1b | 9.5x | 22.1x | 0.6x |
| Tue, 12 Dec 2023 | HK$105.8b | HK$180.5b | HK$5.1b | 9.9x | 20.8x | 0.6x |
| Thu, 09 Nov 2023 | HK$117.1b | HK$178.8b | HK$4.9b | 10x | 23.7x | 0.7x |
| Sat, 07 Oct 2023 | HK$121.2b | HK$179.5b | HK$5.0b | 10.8x | 24.1x | 0.7x |
| Mon, 04 Sep 2023 | HK$121.8b | HK$180.7b | HK$5.1b | 11.2x | 24.1x | 0.7x |
| Wed, 02 Aug 2023 | HK$111.8b | HK$167.3b | HK$3.6b | 12.9x | 30.7x | 0.7x |
| Fri, 30 Jun 2023 | HK$98.1b | HK$166.7b | HK$3.5b | 16.5x | 27.6x | 0.6x |
Price to Earnings Ratio
27.6x
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 130x which is higher than its 3-year average PE of 26.3x.
- The 3-year average PS ratio of 0.81x is lower than the industry's current PS ratio of 7.9x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 3.3% 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 | -4.48% | |
| Tech | 2.55% | |
| Communications | 16.28% | |
| Communications Equipment | 16.28% | |
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$264.60 | 11.2% +HK$21.9b | 1,410.3% | PE162.5x | |
| 1202 Chengdu SIWI Science and Technology | HK$1.52 | 11.8% +HK$64.0m | 97.4% | PE176.3x | |
| 2000 SIM Technology Group | HK$0.30 | 7.1% +HK$42.4m | -1.6% | PS1.6x | |
| 8487 ISP Global | HK$0.053 | 6.0% +HK$3.1m | -49.0% | PS0.3x | |
| 8245 Canopy SkyFire Group | HK$0.087 | 8.8% +HK$2.0m | -54.2% | PS0.9x |