Narrative Update • May 13

Over the last 7 days, the Communications Equipment industry has dropped 7.4%, driven by Yangtze Optical Fibre And Cable Limited declining 9.3%. On the other hand Trigiant Group is actually up 17%. Over the past 12 months, the industry was up 193%. 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 |
|---|---|---|---|---|---|---|
| Mon, 18 May 2026 | HK$384.9b | HK$259.3b | HK$7.3b | 26.2x | 52.7x | 1.5x |
| Wed, 15 Apr 2026 | HK$377.4b | HK$258.1b | HK$6.9b | 22x | 54.7x | 1.5x |
| Fri, 13 Mar 2026 | HK$286.7b | HK$251.9b | HK$6.5b | 14x | 44x | 1.1x |
| Sun, 08 Feb 2026 | HK$229.8b | HK$249.3b | HK$6.4b | 14.1x | 35.9x | 0.9x |
| Tue, 06 Jan 2026 | HK$181.5b | HK$247.0b | HK$6.3b | 13.8x | 28.6x | 0.7x |
| Thu, 04 Dec 2025 | HK$162.6b | HK$244.4b | HK$6.3b | 14.4x | 25.9x | 0.7x |
| Sat, 01 Nov 2025 | HK$168.8b | HK$243.2b | HK$6.3b | 13.2x | 26.6x | 0.7x |
| Mon, 29 Sep 2025 | HK$189.4b | HK$242.3b | HK$6.3b | 12.9x | 29.8x | 0.8x |
| Wed, 27 Aug 2025 | HK$171.7b | HK$239.4b | HK$6.2b | 19.8x | 27.5x | 0.7x |
| Fri, 25 Jul 2025 | HK$134.4b | HK$241.2b | HK$6.0b | 15x | 22.2x | 0.6x |
| Sun, 22 Jun 2025 | HK$120.0b | HK$240.5b | HK$6.0b | 13.5x | 19.9x | 0.5x |
| Tue, 20 May 2025 | HK$125.6b | HK$238.6b | HK$6.0b | 13.4x | 21x | 0.5x |
| Thu, 17 Apr 2025 | HK$114.6b | HK$233.0b | HK$5.8b | 13.8x | 19.8x | 0.5x |
| Sat, 15 Mar 2025 | HK$165.3b | HK$208.7b | HK$6.7b | 13.3x | 24.7x | 0.8x |
| Mon, 10 Feb 2025 | HK$170.2b | HK$207.7b | HK$6.6b | 13x | 25.6x | 0.8x |
| Wed, 08 Jan 2025 | HK$135.3b | HK$206.4b | HK$6.6b | 10.3x | 20.5x | 0.7x |
| Fri, 06 Dec 2024 | HK$129.5b | HK$208.1b | HK$6.7b | 9.9x | 19.4x | 0.6x |
| Sun, 03 Nov 2024 | HK$116.1b | HK$212.0b | HK$6.8b | 11.4x | 17x | 0.5x |
| Tue, 01 Oct 2024 | HK$113.8b | HK$214.4b | HK$7.0b | 9.9x | 16.3x | 0.5x |
| Thu, 29 Aug 2024 | HK$102.5b | HK$187.8b | HK$7.0b | 9.6x | 14.7x | 0.5x |
| Sat, 27 Jul 2024 | HK$105.4b | HK$187.0b | HK$7.3b | 12x | 14.5x | 0.6x |
| Mon, 24 Jun 2024 | HK$124.5b | HK$186.7b | HK$7.2b | 13.8x | 17.3x | 0.7x |
| Wed, 22 May 2024 | HK$111.5b | HK$187.7b | HK$7.2b | 14.8x | 15.6x | 0.6x |
| Fri, 19 Apr 2024 | HK$89.5b | HK$189.2b | HK$7.4b | 12.7x | 12.1x | 0.5x |
| Sun, 17 Mar 2024 | HK$101.6b | HK$180.0b | HK$5.2b | 9.2x | 19.7x | 0.6x |
| Tue, 13 Feb 2024 | HK$98.0b | HK$180.0b | HK$5.1b | 9.3x | 19.1x | 0.5x |
| Thu, 11 Jan 2024 | HK$111.4b | HK$181.1b | HK$5.1b | 9.5x | 21.8x | 0.6x |
| Sat, 09 Dec 2023 | HK$106.1b | HK$181.1b | HK$5.1b | 10.2x | 20.8x | 0.6x |
| Mon, 06 Nov 2023 | HK$117.3b | HK$178.5b | HK$4.9b | 10x | 23.7x | 0.7x |
| Wed, 04 Oct 2023 | HK$120.3b | HK$179.5b | HK$5.0b | 10.7x | 23.9x | 0.7x |
| Fri, 01 Sep 2023 | HK$121.8b | HK$180.0b | HK$5.0b | 11.2x | 24.3x | 0.7x |
| Sun, 30 Jul 2023 | HK$111.1b | HK$167.6b | HK$3.6b | 13.3x | 30.5x | 0.7x |
| Tue, 27 Jun 2023 | HK$96.5b | HK$166.8b | HK$3.5b | 17x | 27.2x | 0.6x |
| Thu, 25 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 | -1.69% | |
| Tech | -3.75% | |
| Communications | -7.36% | |
| Communications Equipment | -7.36% | |
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 |