Wasion Holdings Limited's (HKG:3393) Shares Leap 26% Yet They're Still Not Telling The Full Story
Nov 24
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Electronic Equipment and Components Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies79
- 7D3.7%
- 3M10.2%
- 1Y14.7%
- YTD7.9%
In the last week, the Electronic Equipment and Components industry is up 3.7%, with AAC Technologies Holdings up 16%. Meanwhile, Cowell e Holdings actually underperformed within the industry, shrinking 6.7% in the last week. This means that the industry has gained 15% over the past year. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Hong Kong Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | HK$351.7b | HK$548.4b | HK$8.8b | 8.7x | 40x | 0.6x |
| Tue, 22 Oct 2024 | HK$339.3b | HK$551.5b | HK$8.7b | 9.1x | 39.1x | 0.6x |
| Thu, 19 Sep 2024 | HK$282.2b | HK$550.5b | HK$8.8b | 7.9x | 32.1x | 0.5x |
| Sat, 17 Aug 2024 | HK$299.2b | HK$528.0b | HK$11.9b | 9.4x | 25.2x | 0.6x |
| Mon, 15 Jul 2024 | HK$335.2b | HK$524.9b | HK$11.0b | 10.5x | 30.6x | 0.6x |
| Wed, 12 Jun 2024 | HK$311.5b | HK$525.9b | HK$11.0b | 10.8x | 28.4x | 0.6x |
| Fri, 10 May 2024 | HK$304.5b | HK$528.3b | HK$10.6b | 10.3x | 28.6x | 0.6x |
| Sun, 07 Apr 2024 | HK$273.8b | HK$529.2b | HK$11.1b | 8.1x | 24.7x | 0.5x |
| Tue, 05 Mar 2024 | HK$269.0b | HK$540.4b | HK$13.1b | 7x | 20.5x | 0.5x |
| Thu, 01 Feb 2024 | HK$230.8b | HK$545.7b | HK$13.4b | 7.1x | 17.2x | 0.4x |
| Sat, 30 Dec 2023 | HK$324.7b | HK$546.6b | HK$12.3b | 7.7x | 26.4x | 0.6x |
| Mon, 27 Nov 2023 | HK$279.8b | HK$541.8b | HK$14.0b | 7.1x | 20x | 0.5x |
| Wed, 25 Oct 2023 | HK$260.2b | HK$540.6b | HK$13.9b | 7.2x | 18.7x | 0.5x |
| Fri, 22 Sep 2023 | HK$305.0b | HK$539.0b | HK$13.7b | 7.9x | 22.2x | 0.6x |
| Sun, 20 Aug 2023 | HK$281.3b | HK$578.7b | HK$18.1b | 7.7x | 15.5x | 0.5x |
| Tue, 18 Jul 2023 | HK$317.7b | HK$584.9b | HK$19.6b | 7.2x | 16.2x | 0.5x |
| Thu, 15 Jun 2023 | HK$319.3b | HK$588.1b | HK$20.2b | 6.3x | 15.8x | 0.5x |
| Sat, 13 May 2023 | HK$328.3b | HK$602.2b | HK$20.3b | 6.5x | 16.2x | 0.5x |
| Mon, 10 Apr 2023 | HK$350.7b | HK$603.6b | HK$20.4b | 6.7x | 17.2x | 0.6x |
| Wed, 08 Mar 2023 | HK$368.9b | HK$623.9b | HK$31.4b | 6.2x | 11.7x | 0.6x |
| Fri, 03 Feb 2023 | HK$394.2b | HK$627.5b | HK$31.7b | 6.7x | 12.4x | 0.6x |
| Sun, 01 Jan 2023 | HK$339.2b | HK$623.3b | HK$31.4b | 6.1x | 10.8x | 0.5x |
| Tue, 29 Nov 2022 | HK$311.3b | HK$610.2b | HK$31.4b | 6.3x | 9.9x | 0.5x |
| Thu, 27 Oct 2022 | HK$280.9b | HK$609.4b | HK$31.4b | 5.6x | 9x | 0.5x |
| Sat, 24 Sep 2022 | HK$311.9b | HK$611.8b | HK$31.5b | 6.5x | 9.9x | 0.5x |
| Mon, 22 Aug 2022 | HK$361.6b | HK$615.3b | HK$37.3b | 6.8x | 9.7x | 0.6x |
| Wed, 20 Jul 2022 | HK$359.3b | HK$618.9b | HK$37.9b | 6.7x | 9.5x | 0.6x |
| Fri, 17 Jun 2022 | HK$367.1b | HK$612.0b | HK$37.7b | 6.8x | 9.7x | 0.6x |
| Sun, 15 May 2022 | HK$348.7b | HK$610.6b | HK$37.7b | 6.9x | 9.2x | 0.6x |
| Tue, 12 Apr 2022 | HK$371.2b | HK$617.8b | HK$38.7b | 6.8x | 9.6x | 0.6x |
| Thu, 10 Mar 2022 | HK$411.3b | HK$599.4b | HK$34.7b | 6.9x | 11.8x | 0.7x |
| Sat, 05 Feb 2022 | HK$517.8b | HK$601.5b | HK$34.7b | 7.3x | 14.9x | 0.9x |
| Mon, 03 Jan 2022 | HK$577.9b | HK$601.9b | HK$34.7b | 7.8x | 16.6x | 1x |
| Wed, 01 Dec 2021 | HK$564.0b | HK$600.7b | HK$34.6b | 7.7x | 16.3x | 0.9x |
Price to Earnings Ratio
16.3x
Current Industry PE
- Investors are optimistic on the Hong Kong Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.0x which is higher than its 3-year average PE of 18.2x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 37% per year over the last three years,
- Revenues have also declined 3.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Tech industry?
| HK Market | -0.64% | |
| Tech | -0.36% | |
| Electronic Equipment and Components | 3.74% | |
| Electronic Manufacturing Services | 12.68% | |
| Electronic Components | 3.92% | |
| Technology Distributors | -0.14% | |
| Electronic Equipment and Instruments | -0.15% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 19.7x.
- Analysts are expecting annual earnings growth of 19.3%, which is higher than its past year's earnings growth of 13.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings decline of 0.05% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2018 AAC Technologies Holdings | HK$34.25 | 15.5% +HK$5.5b | 74.9% | PE33.9x | |
| 6088 FIT Hon Teng | HK$3.39 | 18.9% +HK$3.8b | 189.7% | PE18.1x | |
| 2382 Sunny Optical Technology (Group) | HK$58.15 | 5.8% +HK$3.5b | -16.6% | PE34x | |
| 1478 Q Technology (Group) | HK$5.68 | 12.7% +HK$758.1m | 26.2% | PE35.5x | |
| 2038 FIH Mobile | HK$0.94 | 10.6% +HK$709.6m | 51.6% | PS0.2x |
