Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJun 18, 2026
DataAggregated Company Financials
Companies21
- 7D-1.0%
- 3M50.3%
- 1Y569.3%
- YTDn/a
Last week, the Communications Equipment industry hasn't moved much but FS.COM is up 5.2% in that time. The past year has been better, since the industry has gained 569% in that time. Earnings are forecast to grow by 42% 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 |
|---|---|---|---|---|---|---|
| Fri, 19 Jun 2026 | HK$366.5b | HK$52.7b | HK$3.2b | 28.8x | 114.1x | 7x |
| Sun, 17 May 2026 | HK$384.9b | HK$259.3b | HK$7.3b | 26.2x | 52.7x | 1.5x |
| Tue, 14 Apr 2026 | HK$378.7b | HK$257.5b | HK$6.9b | 23.9x | 55x | 1.5x |
| Thu, 12 Mar 2026 | HK$292.1b | HK$251.9b | HK$6.5b | 14x | 44.8x | 1.2x |
| Sat, 07 Feb 2026 | HK$229.8b | HK$249.3b | HK$6.4b | 14.1x | 35.9x | 0.9x |
| Mon, 05 Jan 2026 | HK$184.0b | HK$246.8b | HK$6.3b | 13.9x | 29x | 0.7x |
| Wed, 03 Dec 2025 | HK$162.5b | HK$244.3b | HK$6.3b | 14.7x | 25.9x | 0.7x |
| Fri, 31 Oct 2025 | HK$174.6b | HK$242.6b | HK$6.4b | 13.5x | 27.4x | 0.7x |
| Sun, 28 Sep 2025 | HK$189.4b | HK$242.3b | HK$6.3b | 12.9x | 29.8x | 0.8x |
| Tue, 26 Aug 2025 | HK$167.8b | HK$239.8b | HK$6.3b | 20x | 26.8x | 0.7x |
| Thu, 24 Jul 2025 | HK$131.6b | HK$241.0b | HK$6.0b | 14.1x | 21.8x | 0.5x |
| Sat, 21 Jun 2025 | HK$120.0b | HK$240.5b | HK$6.0b | 13.5x | 19.9x | 0.5x |
| Mon, 19 May 2025 | HK$126.5b | HK$238.5b | HK$6.0b | 13.7x | 21.1x | 0.5x |
| Wed, 16 Apr 2025 | HK$118.7b | HK$232.6b | HK$5.8b | 14.3x | 20.5x | 0.5x |
| Fri, 14 Mar 2025 | HK$162.8b | HK$208.4b | HK$6.7b | 13.1x | 24.4x | 0.8x |
| Sun, 09 Feb 2025 | HK$170.2b | HK$207.7b | HK$6.6b | 13x | 25.6x | 0.8x |
| Tue, 07 Jan 2025 | HK$132.3b | HK$206.4b | HK$6.6b | 10.3x | 20x | 0.6x |
| Thu, 05 Dec 2024 | HK$125.5b | HK$208.0b | HK$6.7b | 10.1x | 18.8x | 0.6x |
| Sat, 02 Nov 2024 | HK$116.1b | HK$212.0b | HK$6.8b | 11.4x | 17x | 0.5x |
| Mon, 30 Sep 2024 | HK$111.3b | HK$214.5b | HK$7.0b | 9.9x | 15.9x | 0.5x |
| Wed, 28 Aug 2024 | HK$104.2b | HK$188.2b | HK$7.0b | 9.7x | 14.9x | 0.6x |
| Fri, 26 Jul 2024 | HK$105.7b | HK$187.4b | HK$7.2b | 11.8x | 14.6x | 0.6x |
| Sun, 23 Jun 2024 | HK$124.5b | HK$186.7b | HK$7.2b | 13.8x | 17.3x | 0.7x |
| Tue, 21 May 2024 | HK$114.3b | HK$187.7b | HK$7.2b | 14.9x | 15.9x | 0.6x |
| Thu, 18 Apr 2024 | HK$89.6b | HK$189.2b | HK$7.4b | 12.7x | 12.1x | 0.5x |
| Sat, 16 Mar 2024 | HK$101.7b | HK$180.0b | HK$5.2b | 9.2x | 19.7x | 0.6x |
| Mon, 12 Feb 2024 | HK$98.0b | HK$180.7b | HK$5.2b | 9.3x | 19x | 0.5x |
| Wed, 10 Jan 2024 | HK$111.0b | HK$181.7b | HK$5.1b | 9.6x | 21.7x | 0.6x |
| Fri, 08 Dec 2023 | HK$107.8b | HK$181.5b | HK$5.1b | 9.8x | 21.1x | 0.6x |
| Sun, 05 Nov 2023 | HK$117.3b | HK$178.5b | HK$4.9b | 10x | 23.7x | 0.7x |
| Tue, 03 Oct 2023 | HK$120.3b | HK$179.5b | HK$5.0b | 10.7x | 23.9x | 0.7x |
| Thu, 31 Aug 2023 | HK$119.8b | HK$180.1b | HK$5.0b | 10.2x | 23.9x | 0.7x |
| Sat, 29 Jul 2023 | HK$111.1b | HK$167.5b | HK$3.6b | 13.3x | 30.5x | 0.7x |
| Mon, 26 Jun 2023 | HK$96.0b | HK$167.7b | HK$3.6b | 16.9x | 26.9x | 0.6x |
Price to Earnings Ratio
26.9x
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 114x which is higher than its 3-year average PE of 25.9x.
- The 3-year average PS ratio of 0.78x is lower than the industry's current PS ratio of 7.0x.
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 | -0.72% | |
| Tech | 4.71% | |
| Communications | -0.96% | |
| Communications Equipment | -0.96% | |
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$35.96 | 5.2% +HK$712.0m | n/a | PE20.6x | |
| 9963 Transtech Optelecom Science Holdings | HK$11.09 | 25.6% +HK$675.7m | 3,536.1% | PS34.5x | |
| 8227 Xi'an Haitian Antenna Technologies | HK$0.34 | 25.9% +HK$132.8m | 28.3% | PS20.2x | |
| 1085 Hengxin Technology | HK$1.95 | 12.1% +HK$97.8m | 56.0% | PS0.3x | |
| 1202 Chengdu SIWI Science and Technology | HK$1.54 | 12.4% +HK$68.0m | 116.9% | PE178.2x |