Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJun 30, 2026
DataAggregated Company Financials
Companies22
- 7D-15.1%
- 3M27.1%
- 1Y533.0%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 15%, driven by a pullback from Yangtze Optical Fibre And Cable Limited of 16%. Meanwhile, FS.COM actually outperformed within the industry, gaining 6.6% in the last week. In the past year, the industry has gained 533%. 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, 30 Jun 2026 | HK$407.9b | HK$53.9b | HK$3.1b | 24.6x | 132.1x | 7.6x |
| Thu, 28 May 2026 | HK$376.5b | HK$259.8b | HK$7.3b | 24.5x | 51.9x | 1.4x |
| Sat, 25 Apr 2026 | HK$377.8b | HK$257.5b | HK$6.9b | 23.2x | 54.8x | 1.5x |
| Mon, 23 Mar 2026 | HK$284.3b | HK$254.8b | HK$7.0b | 18.7x | 40.4x | 1.1x |
| Wed, 18 Feb 2026 | HK$257.4b | HK$250.3b | HK$6.4b | 14.6x | 40x | 1x |
| Fri, 16 Jan 2026 | HK$183.9b | HK$247.9b | HK$6.4b | 13.9x | 28.9x | 0.7x |
| Sun, 14 Dec 2025 | HK$175.1b | HK$244.6b | HK$6.3b | 14.2x | 27.8x | 0.7x |
| Tue, 11 Nov 2025 | HK$162.5b | HK$243.1b | HK$6.3b | 13.4x | 25.6x | 0.7x |
| Thu, 09 Oct 2025 | HK$196.2b | HK$242.8b | HK$6.4b | 13.1x | 30.8x | 0.8x |
| Sat, 06 Sep 2025 | HK$186.7b | HK$242.8b | HK$6.4b | 12.7x | 29.3x | 0.8x |
| Mon, 04 Aug 2025 | HK$136.2b | HK$239.5b | HK$6.0b | 13.9x | 22.6x | 0.6x |
| Wed, 02 Jul 2025 | HK$126.6b | HK$241.0b | HK$6.0b | 13.9x | 20.9x | 0.5x |
| Fri, 30 May 2025 | HK$122.9b | HK$239.9b | HK$6.0b | 13.1x | 20.4x | 0.5x |
| Sun, 27 Apr 2025 | HK$123.5b | HK$233.4b | HK$5.8b | 13.7x | 21.3x | 0.5x |
| Tue, 25 Mar 2025 | HK$157.4b | HK$208.2b | HK$6.3b | 13.5x | 25.1x | 0.8x |
| Thu, 20 Feb 2025 | HK$173.9b | HK$207.6b | HK$6.6b | 13.4x | 26.2x | 0.8x |
| Sat, 18 Jan 2025 | HK$128.0b | HK$206.6b | HK$6.6b | 10.5x | 19.3x | 0.6x |
| Mon, 16 Dec 2024 | HK$135.2b | HK$207.7b | HK$6.6b | 10.5x | 20.3x | 0.7x |
| Wed, 13 Nov 2024 | HK$108.9b | HK$209.2b | HK$6.7b | 10.5x | 16.2x | 0.5x |
| Fri, 11 Oct 2024 | HK$116.3b | HK$212.8b | HK$6.9b | 10.9x | 16.8x | 0.5x |
| Sun, 08 Sep 2024 | HK$97.7b | HK$213.2b | HK$7.0b | 9.5x | 14x | 0.5x |
| Tue, 06 Aug 2024 | HK$97.3b | HK$189.3b | HK$7.4b | 12.5x | 13.2x | 0.5x |
| Thu, 04 Jul 2024 | HK$121.8b | HK$186.6b | HK$7.2b | 16.4x | 16.9x | 0.7x |
| Sat, 01 Jun 2024 | HK$113.0b | HK$187.4b | HK$7.2b | 13.8x | 15.6x | 0.6x |
| Mon, 29 Apr 2024 | HK$91.5b | HK$188.9b | HK$7.4b | 12.8x | 12.4x | 0.5x |
| Wed, 27 Mar 2024 | HK$99.2b | HK$179.1b | HK$5.1b | 11.9x | 19.5x | 0.6x |
| Fri, 23 Feb 2024 | HK$102.0b | HK$180.0b | HK$5.1b | 9.4x | 19.8x | 0.6x |
| Sun, 21 Jan 2024 | HK$101.5b | HK$182.1b | HK$5.1b | 9.1x | 19.8x | 0.6x |
| Tue, 19 Dec 2023 | HK$107.6b | HK$181.3b | HK$5.1b | 10.1x | 21.1x | 0.6x |
| Thu, 16 Nov 2023 | HK$122.4b | HK$179.4b | HK$5.0b | 10.1x | 24.7x | 0.7x |
| Sat, 14 Oct 2023 | HK$130.1b | HK$179.2b | HK$5.0b | 10.9x | 25.9x | 0.7x |
| Mon, 11 Sep 2023 | HK$123.8b | HK$178.8b | HK$5.0b | 11.4x | 24.7x | 0.7x |
| Wed, 09 Aug 2023 | HK$109.9b | HK$166.6b | HK$3.6b | 14.5x | 30.3x | 0.7x |
| Fri, 07 Jul 2023 | HK$100.5b | HK$166.1b | HK$3.6b | 17.1x | 27.9x | 0.6x |
Price to Earnings Ratio
27.9x
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 132x which is higher than its 3-year average PE of 27.0x.
- The 3-year average PS ratio of 0.86x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 5.0% 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 | -3.71% | |
| Tech | -3.12% | |
| Communications | -15.09% | |
| Communications Equipment | -15.09% | |
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$39.60 | 12.9% +HK$1.8b | n/a | PE22.8x | |
| 1087 InvesTech Holdings | HK$1.80 | 140.0% +HK$251.9m | 380.0% | PS0.7x | |
| 1085 Hengxin Technology | HK$1.97 | 6.5% +HK$55.9m | 58.9% | PS0.4x | |
| 8227 Xi'an Haitian Antenna Technologies | HK$0.29 | 7.4% +HK$38.0m | 20.3% | PS17.3x | |
| 482 Sandmartin International Holdings | HK$0.69 | 9.5% +HK$14.7m | n/a | PS0.4x |