Analysis Article • May 19
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedMay 28, 2026
DataAggregated Company Financials
Companies22
- 7D-6.3%
- 3M28.2%
- 1Y201.4%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 6.3%, driven by a pullback from Yangtze Optical Fibre And Cable Limited of 11%. Meanwhile, BYD Electronic (International) actually outperformed within the industry, gaining 11% in the last week. In the past year, the industry has gained 201%. Looking forward, earnings are forecast to grow by 38% 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 |
|---|---|---|---|---|---|---|
| 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 |
| Sun, 04 Jun 2023 | HK$98.0b | HK$169.8b | HK$3.6b | 12.9x | 27.1x | 0.6x |
Price to Earnings Ratio
27.1x
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 51.9x which is higher than its 3-year average PE of 24.6x.
- The 3-year average PS ratio of 0.69x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Communications Equipment compare with similar industries?
| HK Market | -1.59% | |
| Tech | 6.25% | |
| Communications | -6.33% | |
| Communications Equipment | -6.33% | |
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 | |
|---|---|---|---|---|---|
| 285 BYD Electronic (International) | HK$29.80 | 14.2% +HK$8.3b | -10.1% | PE16.6x | |
| 1300 Trigiant Group | HK$4.05 | 93.8% +HK$3.5b | 1,227.9% | PE58.9x | |
| 1523 Plover Bay Technologies | HK$8.98 | 7.3% +HK$674.5m | 49.2% | PE27.9x | |
| 1202 Chengdu SIWI Science and Technology | HK$1.35 | 3.1% +HK$16.0m | 82.4% | PE156.7x | |
| 9963 Transtech Optelecom Science Holdings | HK$6.16 | 0.7% +HK$12.0m | 1,479.5% | PS19.1x |
