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Hong Kong (HSI) Electronic Equipment and Components Industry Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies79
- 7D3.0%
- 3M25.6%
- 1Y23.9%
- YTD18.0%
The Electronic Equipment and Components industry is up 2.3% in the last week, with Sunny Optical Technology (Group) up 4.5%. This means that the industry has gained 22% over the past year. Earnings are forecast to grow by 26% 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 |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | HK$374.0b | HK$547.9b | HK$8.8b | 8.5x | 42.4x | 0.7x |
| Fri, 22 Nov 2024 | HK$351.3b | HK$548.5b | HK$8.8b | 9x | 39.9x | 0.6x |
| Sun, 20 Oct 2024 | HK$341.4b | HK$551.7b | HK$8.7b | 9.2x | 39.3x | 0.6x |
| Tue, 17 Sep 2024 | HK$282.4b | HK$551.4b | HK$8.8b | 7.8x | 32.2x | 0.5x |
| Thu, 15 Aug 2024 | HK$290.6b | HK$527.0b | HK$11.9b | 9.1x | 24.4x | 0.6x |
| Sat, 13 Jul 2024 | HK$335.1b | HK$524.9b | HK$11.0b | 10.5x | 30.6x | 0.6x |
| Mon, 10 Jun 2024 | HK$311.5b | HK$526.1b | HK$11.0b | 11x | 28.4x | 0.6x |
| Wed, 08 May 2024 | HK$301.5b | HK$528.6b | HK$10.7b | 10.4x | 28.3x | 0.6x |
| Fri, 05 Apr 2024 | HK$276.7b | HK$529.2b | HK$11.1b | 8.6x | 24.9x | 0.5x |
| Sun, 03 Mar 2024 | HK$266.4b | HK$540.6b | HK$13.1b | 7.1x | 20.3x | 0.5x |
| Tue, 30 Jan 2024 | HK$249.5b | HK$543.9b | HK$13.3b | 7.4x | 18.7x | 0.5x |
| Thu, 28 Dec 2023 | HK$277.9b | HK$541.6b | HK$13.6b | 7.6x | 20.4x | 0.5x |
| Sat, 25 Nov 2023 | HK$279.9b | HK$541.7b | HK$14.0b | 6.9x | 20x | 0.5x |
| Mon, 23 Oct 2023 | HK$263.9b | HK$540.5b | HK$13.9b | 7.2x | 19x | 0.5x |
| Wed, 20 Sep 2023 | HK$313.3b | HK$539.1b | HK$13.7b | 7.9x | 22.8x | 0.6x |
| Fri, 18 Aug 2023 | HK$285.9b | HK$579.4b | HK$18.2b | 7.6x | 15.7x | 0.5x |
| Sun, 16 Jul 2023 | HK$317.6b | HK$585.4b | HK$19.6b | 7.2x | 16.2x | 0.5x |
| Tue, 13 Jun 2023 | HK$314.7b | HK$588.5b | HK$20.2b | 6.3x | 15.6x | 0.5x |
| Thu, 11 May 2023 | HK$332.1b | HK$602.5b | HK$20.3b | 6.7x | 16.3x | 0.6x |
| Sat, 08 Apr 2023 | HK$350.6b | HK$603.7b | HK$20.5b | 6.7x | 17.1x | 0.6x |
| Mon, 06 Mar 2023 | HK$368.3b | HK$624.4b | HK$31.4b | 6.4x | 11.7x | 0.6x |
| Wed, 01 Feb 2023 | HK$379.2b | HK$626.8b | HK$31.6b | 6.5x | 12x | 0.6x |
| Fri, 30 Dec 2022 | HK$333.4b | HK$621.8b | HK$31.3b | 6x | 10.7x | 0.5x |
| Sun, 27 Nov 2022 | HK$316.8b | HK$610.2b | HK$31.4b | 6.4x | 10.1x | 0.5x |
| Tue, 25 Oct 2022 | HK$288.8b | HK$609.9b | HK$31.4b | 5.6x | 9.2x | 0.5x |
| Thu, 22 Sep 2022 | HK$317.2b | HK$612.8b | HK$31.6b | 6.5x | 10x | 0.5x |
| Sat, 20 Aug 2022 | HK$361.7b | HK$615.5b | HK$37.3b | 6.8x | 9.7x | 0.6x |
| Mon, 18 Jul 2022 | HK$359.3b | HK$618.9b | HK$37.9b | 6.7x | 9.5x | 0.6x |
| Wed, 15 Jun 2022 | HK$384.4b | HK$611.3b | HK$37.7b | 6.8x | 10.2x | 0.6x |
| Fri, 13 May 2022 | HK$354.7b | HK$610.8b | HK$38.2b | 6.8x | 9.3x | 0.6x |
| Sun, 10 Apr 2022 | HK$388.9b | HK$617.8b | HK$38.7b | 7x | 10x | 0.6x |
| Tue, 08 Mar 2022 | HK$426.8b | HK$599.3b | HK$34.7b | 6.8x | 12.3x | 0.7x |
| Thu, 03 Feb 2022 | HK$506.4b | HK$601.6b | HK$34.7b | 7x | 14.6x | 0.8x |
| Sat, 01 Jan 2022 | HK$577.7b | HK$601.5b | HK$34.7b | 7.8x | 16.6x | 1x |
Price to Earnings Ratio
16.6x
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 42.4x which is higher than its 3-year average PE of 18.9x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
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 3.1% 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 | 2.27% | |
| Tech | 6.72% | |
| Electronic Equipment and Components | 3.04% | |
| Electronic Equipment and Instruments | 4.48% | |
| Electronic Components | 2.85% | |
| Electronic Manufacturing Services | 1.65% | |
| Technology Distributors | 1.14% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 21.9x.
- Analysts are expecting annual earnings growth of 24.5%, 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 27% over the next 5 years.
- This is better than its past earnings decline of 0.05% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 2382 Sunny Optical Technology (Group) | HK$69.95 | 4.5% +HK$3.3b | -0.3% | PE41.3x | |
| 2498 Robosense Technology | HK$29.10 | 13.5% +HK$1.6b | n/a | PS8.1x | |
| 1415 Cowell e Holdings | HK$29.00 | 5.5% +HK$1.3b | 37.8% | PE71.9x | |
| 2018 AAC Technologies Holdings | HK$37.30 | 2.2% +HK$958.8m | 66.1% | PE37.3x | |
| 3969 China Railway Signal & Communication | HK$3.30 | 2.5% +HK$847.2m | 35.8% | PE10x |
