Narrative Update • May 13

Over the last 7 days, the Communications Equipment industry has dropped 7.4%, driven by a pullback from Yangtze Optical Fibre And Cable Limited of 7.2%. On the other hand Trigiant Group is actually up 14%. Over the past 12 months, the industry was up 193%. Looking forward, earnings are forecast to grow by 37% annually.
Has the Hong Kong Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 19 May 2026 | HK$402.2b | HK$259.4b | HK$7.3b | 25.9x | 55x | 1.6x |
| Thu, 16 Apr 2026 | HK$370.9b | HK$258.0b | HK$6.9b | 21.1x | 53.7x | 1.4x |
| Sat, 14 Mar 2026 | HK$281.9b | HK$251.1b | HK$6.5b | 13.8x | 43.4x | 1.1x |
| Mon, 09 Feb 2026 | HK$229.8b | HK$249.3b | HK$6.4b | 14.1x | 35.9x | 0.9x |
| Wed, 07 Jan 2026 | HK$183.0b | HK$247.0b | HK$6.3b | 13.7x | 28.8x | 0.7x |
| Fri, 05 Dec 2025 | HK$162.9b | HK$244.1b | HK$6.3b | 14.4x | 25.9x | 0.7x |
| Sun, 02 Nov 2025 | HK$168.8b | HK$243.1b | HK$6.3b | 13.2x | 26.6x | 0.7x |
| Tue, 30 Sep 2025 | HK$190.6b | HK$242.8b | HK$6.4b | 13.3x | 30x | 0.8x |
| Thu, 28 Aug 2025 | HK$170.6b | HK$238.7b | HK$6.1b | 18.8x | 27.9x | 0.7x |
| Sat, 26 Jul 2025 | HK$132.3b | HK$240.8b | HK$6.0b | 14.5x | 21.9x | 0.5x |
| Mon, 23 Jun 2025 | HK$120.0b | HK$240.7b | HK$6.0b | 13.5x | 19.9x | 0.5x |
| Wed, 21 May 2025 | HK$125.3b | HK$238.6b | HK$6.0b | 13.2x | 20.9x | 0.5x |
| Fri, 18 Apr 2025 | HK$115.5b | HK$233.2b | HK$5.8b | 13.9x | 19.9x | 0.5x |
| Sun, 16 Mar 2025 | HK$165.3b | HK$208.7b | HK$6.7b | 13.9x | 24.7x | 0.8x |
| Tue, 11 Feb 2025 | HK$171.5b | HK$207.2b | HK$6.6b | 13.6x | 25.8x | 0.8x |
| Thu, 09 Jan 2025 | HK$132.3b | HK$206.3b | HK$6.6b | 10.2x | 20x | 0.6x |
| Sat, 07 Dec 2024 | HK$129.2b | HK$208.1b | HK$6.7b | 9.8x | 19.4x | 0.6x |
| Mon, 04 Nov 2024 | HK$116.1b | HK$212.0b | HK$6.8b | 11.4x | 17x | 0.5x |
| Wed, 02 Oct 2024 | HK$113.8b | HK$214.4b | HK$7.0b | 9.9x | 16.3x | 0.5x |
| Fri, 30 Aug 2024 | HK$98.5b | HK$213.1b | HK$7.0b | 9.8x | 14.1x | 0.5x |
| Sun, 28 Jul 2024 | HK$105.4b | HK$187.1b | HK$7.3b | 12x | 14.5x | 0.6x |
| Tue, 25 Jun 2024 | HK$123.2b | HK$186.8b | HK$7.2b | 14.1x | 17.1x | 0.7x |
| Thu, 23 May 2024 | HK$114.1b | HK$187.2b | HK$7.2b | 14.6x | 15.8x | 0.6x |
| Sat, 20 Apr 2024 | HK$89.5b | HK$189.2b | HK$7.4b | 12.7x | 12.1x | 0.5x |
| Mon, 18 Mar 2024 | HK$101.6b | HK$180.0b | HK$5.2b | 9.2x | 19.7x | 0.6x |
| Wed, 14 Feb 2024 | HK$97.9b | HK$180.0b | HK$5.1b | 9.3x | 19x | 0.5x |
| Fri, 12 Jan 2024 | HK$111.4b | HK$181.2b | HK$5.1b | 9.6x | 21.8x | 0.6x |
| Sun, 10 Dec 2023 | HK$106.1b | HK$180.9b | HK$5.1b | 10.2x | 20.8x | 0.6x |
| Tue, 07 Nov 2023 | HK$118.7b | HK$179.2b | HK$5.0b | 10.1x | 23.9x | 0.7x |
| Thu, 05 Oct 2023 | HK$120.3b | HK$179.5b | HK$5.0b | 10.7x | 23.9x | 0.7x |
| Sat, 02 Sep 2023 | HK$121.8b | HK$180.6b | HK$5.1b | 11.2x | 24.1x | 0.7x |
| Mon, 31 Jul 2023 | HK$111.1b | HK$167.6b | HK$3.6b | 13.3x | 30.5x | 0.7x |
| Wed, 28 Jun 2023 | HK$98.4b | HK$167.0b | HK$3.6b | 17x | 27.7x | 0.6x |
| Fri, 26 May 2023 | HK$94.2b | HK$170.3b | HK$3.6b | 13.1x | 26x | 0.6x |
26x
How does Hong Kong Communications Equipment compare with similar industries?
| HK Market | -2.82% | |
| Tech | -5.56% | |
| Communications | -7.29% | |
| Communications Equipment | -7.29% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1300 Trigiant Group | HK$2.15 | 13.8% +HK$459.7m | 593.5% | PE31.4x | |
| 1085 Hengxin Technology | HK$1.57 | 27.6% +HK$158.3m | 24.6% | PS0.3x | |
| 8487 ISP Global | HK$0.089 | 18.7% +HK$14.7m | -25.8% | PS0.6x | |
| 8043 Atlinks Group | HK$0.22 | 13.8% +HK$10.8m | 65.2% | PS0.4x | |
| 8033 Vodatel Networks Holdings | HK$0.13 | 8.1% +HK$6.2m | 34.0% | PE7.4x |