Narrative Update • Jun 17
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Hong Kong (HSI) Communications Equipment Industry Analysis
UpdatedJul 09, 2026
DataAggregated Company Financials
Companies21
- 7D-36.1%
- 3M-33.4%
- 1Y361.5%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 34%, driven by Yangtze Optical Fibre And Cable Limited declining 41%. Meanwhile, Synertone Communication actually outperformed within the industry, gaining 29% in the last week. This takes the industry's 12 month performance to a gain of 369%. 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 |
|---|---|---|---|---|---|---|
| Thu, 09 Jul 2026 | HK$318.0b | HK$53.9b | HK$3.1b | 19.4x | 102.6x | 5.9x |
| Sat, 06 Jun 2026 | HK$363.1b | HK$52.6b | HK$3.2b | 29.6x | 113.2x | 6.9x |
| Mon, 04 May 2026 | HK$360.8b | HK$258.7b | HK$7.3b | 23.6x | 49.5x | 1.4x |
| Wed, 01 Apr 2026 | HK$329.6b | HK$255.3b | HK$6.9b | 18.9x | 47.8x | 1.3x |
| Fri, 27 Feb 2026 | HK$277.5b | HK$252.8b | HK$6.5b | 15x | 42.7x | 1.1x |
| Sun, 25 Jan 2026 | HK$185.8b | HK$247.9b | HK$6.4b | 13.5x | 29.1x | 0.7x |
| Tue, 23 Dec 2025 | HK$185.8b | HK$245.1b | HK$6.3b | 14.1x | 29.5x | 0.8x |
| Thu, 20 Nov 2025 | HK$157.2b | HK$243.0b | HK$6.3b | 13.8x | 25.1x | 0.6x |
| Sat, 18 Oct 2025 | HK$169.3b | HK$242.1b | HK$6.4b | 12.3x | 26.6x | 0.7x |
| Mon, 15 Sep 2025 | HK$189.5b | HK$242.6b | HK$6.4b | 13.9x | 29.8x | 0.8x |
| Wed, 13 Aug 2025 | HK$159.3b | HK$240.2b | HK$6.0b | 16.3x | 26.4x | 0.7x |
| Fri, 11 Jul 2025 | HK$130.9b | HK$240.6b | HK$6.0b | 14.4x | 21.7x | 0.5x |
| Sun, 08 Jun 2025 | HK$122.6b | HK$240.1b | HK$6.0b | 13.9x | 20.3x | 0.5x |
| Tue, 06 May 2025 | HK$122.9b | HK$234.2b | HK$5.9b | 13.3x | 20.8x | 0.5x |
| Thu, 03 Apr 2025 | HK$142.6b | HK$234.6b | HK$5.8b | 15.7x | 24.4x | 0.6x |
| Sat, 01 Mar 2025 | HK$162.5b | HK$207.7b | HK$6.7b | 13.8x | 24.4x | 0.8x |
| Mon, 27 Jan 2025 | HK$145.2b | HK$208.7b | HK$6.7b | 12.4x | 21.7x | 0.7x |
| Wed, 25 Dec 2024 | HK$130.3b | HK$206.9b | HK$6.6b | 10.9x | 19.7x | 0.6x |
| Fri, 22 Nov 2024 | HK$114.9b | HK$208.6b | HK$6.7b | 10.3x | 17.2x | 0.6x |
| Sun, 20 Oct 2024 | HK$122.1b | HK$212.1b | HK$6.9b | 10.8x | 17.7x | 0.6x |
| Tue, 17 Sep 2024 | HK$93.7b | HK$212.9b | HK$6.9b | 9.2x | 13.5x | 0.4x |
| Thu, 15 Aug 2024 | HK$101.7b | HK$189.2b | HK$7.3b | 12.7x | 13.9x | 0.5x |
| Sat, 13 Jul 2024 | HK$121.3b | HK$187.0b | HK$7.2b | 16.1x | 16.8x | 0.6x |
| Mon, 10 Jun 2024 | HK$116.4b | HK$187.1b | HK$7.2b | 14.1x | 16.1x | 0.6x |
| Wed, 08 May 2024 | HK$101.9b | HK$188.6b | HK$7.2b | 13.5x | 14.2x | 0.5x |
| Fri, 05 Apr 2024 | HK$97.1b | HK$189.3b | HK$7.4b | 11.8x | 13.1x | 0.5x |
| Sun, 03 Mar 2024 | HK$104.7b | HK$180.1b | HK$5.2b | 9.1x | 20.2x | 0.6x |
| Tue, 30 Jan 2024 | HK$98.7b | HK$180.6b | HK$5.1b | 9.3x | 19.4x | 0.5x |
| Thu, 28 Dec 2023 | HK$112.4b | HK$181.3b | HK$5.1b | 10x | 22x | 0.6x |
| Sat, 25 Nov 2023 | HK$119.2b | HK$180.8b | HK$5.1b | 10.1x | 23.4x | 0.7x |
| Mon, 23 Oct 2023 | HK$118.6b | HK$179.0b | HK$5.0b | 10.4x | 23.6x | 0.7x |
| Wed, 20 Sep 2023 | HK$122.1b | HK$179.4b | HK$5.0b | 11x | 24.3x | 0.7x |
| Fri, 18 Aug 2023 | HK$107.0b | HK$165.7b | HK$3.6b | 13x | 29.3x | 0.6x |
| Sun, 16 Jul 2023 | HK$103.0b | HK$168.1b | HK$3.6b | 17.1x | 28.3x | 0.6x |
Price to Earnings Ratio
28.3x
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 106x which is higher than its 3-year average PE of 27.7x.
- The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 5.2% 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 | 3.43% | |
| Tech | -11.84% | |
| Communications | -36.09% | |
| Communications Equipment | -36.09% | |
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$38.92 | 12.5% +HK$1.7b | n/a | PE22.5x | |
| 1191 Crealights Technology | HK$187.30 | 7.3% +HK$1.1b | n/a | PS11.9x | |
| 303 Vtech Holdings | HK$52.50 | 4.6% +HK$582.6m | -10.6% | PE12.7x | |
| 8227 Xi'an Haitian Antenna Technologies | HK$0.29 | 9.4% +HK$47.4m | 9.4% | PS17.3x | |
| 1202 Chengdu SIWI Science and Technology | HK$1.57 | 6.8% +HK$40.0m | 84.7% | PE182.6x |