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PAX Global Technology Limited ( HKG:327 ), might not be a large cap stock, but it saw a decent share price growth in...
Hong Kong (HSI) Electronic Equipment and Instruments Industry Analysis
UpdatedJul 04, 2022
DataAggregated Company Financials
Companies13
- 7D1.6%
- 3M2.9%
- 1Y-2.1%
- YTD-4.1%
The Electronic Equipment and Instruments is pretty flat in the last 7 days, but BOE Varitronix has stood out, gaining 11%. As for the longer term, the industry has declined 11% in the last year. As for the next few years, earnings are expected to grow by 6.5% per annum.
Industry Valuation and Performance
Has the Hong Kong Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 05 Jul 2022 | HK$80.1b | HK$79.8b | HK$6.2b | 8.2x |
| Thu, 02 Jun 2022 | HK$69.6b | HK$71.6b | HK$5.8b | 7.4x |
| Sat, 30 Apr 2022 | HK$68.6b | HK$71.4b | HK$5.8b | 7.3x |
| Mon, 28 Mar 2022 | HK$71.0b | HK$73.1b | HK$5.8b | 6.7x |
| Wed, 23 Feb 2022 | HK$78.3b | HK$76.5b | HK$6.0b | 6.3x |
| Fri, 21 Jan 2022 | HK$79.4b | HK$76.3b | HK$6.0b | 6.9x |
| Sun, 19 Dec 2021 | HK$77.4b | HK$76.1b | HK$6.0b | 7.1x |
| Tue, 16 Nov 2021 | HK$77.5b | HK$75.6b | HK$5.9b | 6.9x |
| Thu, 14 Oct 2021 | HK$83.5b | HK$77.1b | HK$6.3b | 7.3x |
| Sat, 11 Sep 2021 | HK$88.0b | HK$76.9b | HK$6.3b | 8.8x |
| Mon, 09 Aug 2021 | HK$81.7b | HK$76.9b | HK$6.3b | 9.3x |
| Sun, 02 May 2021 | HK$86.7b | HK$72.8b | HK$6.0b | 7.7x |
| Wed, 03 Feb 2021 | HK$85.3b | HK$69.7b | HK$5.7b | 8.9x |
| Sat, 07 Nov 2020 | HK$78.1b | HK$63.4b | HK$5.3b | 6.9x |
| Fri, 31 Jul 2020 | HK$80.1b | HK$59.1b | HK$4.7b | 13.6x |
| Mon, 04 May 2020 | HK$77.9b | HK$62.9b | HK$5.3b | 13.3x |
| Thu, 06 Feb 2020 | HK$89.2b | HK$67.5b | HK$5.7b | 9.8x |
| Sun, 10 Nov 2019 | HK$99.6b | HK$67.7b | HK$5.8b | 12.1x |
| Sat, 03 Aug 2019 | HK$127.3b | HK$68.7b | HK$5.9b | 8.9x |
Median PE Ratio
8.9x
Current Industry PE
- Investors are pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.8x which is lower than its 3-year average PE of 14.9x.
- The industry's 3-year average PS ratio 1.2x is higher than the industry's current PS ratio of 0.96x.
Past Earnings Growth
- Both revenue and earnings for companies in the Electronic Equipment and Instruments industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Comparison
How does Hong Kong Electronic Equipment and Instruments compare with similar industries?
| HK Market | 0.48% | |
| Tech | -1.53% | |
| Electronic Equipment and Components | 3.59% | |
| Electronic Equipment and Instruments | 1.65% | |
| Electronic Components | 5.08% | |
| Technology Distributors | 1.31% | |
| Electronic Manufacturing Services | 0.83% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 327 PAX Global Technology | HK$6.99 | 10.1% +HK$690.2m | -20.7% | PE7x | |
| 2239 SMIT Holdings | HK$2.10 | 13.5% +HK$80.1m | -44.3% | PE8.7x | |
| 2708 IBO Technology | HK$2.75 | 3.0% +HK$51.0m | -23.6% | PE102.2x | |
| 8511 Min Fu International Holding | HK$0.67 | 6.3% +HK$16.0m | 467.8% | PS8.5x | |
| 1708 Nanjing Sample Technology | HK$3.85 | 0.3% +HK$7.9m | -22.4% | PS2.8x |
