Estimating The Intrinsic Value Of China Railway Signal & Communication Corporation Limited (HKG:3969)
Nov 17
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Electronic Equipment and Instruments Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies17
- 7D-0.2%
- 3M0.8%
- 1Y20.2%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has risen 2.1%, driven by gains from Robosense Technology of 13%. This means that the industry has gained 22% over the past year. Earnings are forecast to grow by 19% annually.
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 | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Nov 2024 | HK$119.1b | HK$92.0b | HK$1.4b | 9.4x | 85.6x | 1.3x |
| Mon, 21 Oct 2024 | HK$121.2b | HK$94.8b | HK$1.4b | 9.4x | 88x | 1.3x |
| Wed, 18 Sep 2024 | HK$99.0b | HK$94.8b | HK$1.4b | 7.8x | 70x | 1x |
| Fri, 16 Aug 2024 | HK$103.3b | HK$93.2b | HK$6.0b | 10.5x | 17.3x | 1.1x |
| Sun, 14 Jul 2024 | HK$108.2b | HK$90.8b | HK$5.5b | 10.6x | 19.6x | 1.2x |
| Tue, 11 Jun 2024 | HK$106.7b | HK$91.0b | HK$5.5b | 11.4x | 19.5x | 1.2x |
| Thu, 09 May 2024 | HK$103.6b | HK$91.2b | HK$5.5b | 11.9x | 18.9x | 1.1x |
| Sat, 06 Apr 2024 | HK$100.1b | HK$92.1b | HK$5.9b | 9.1x | 17x | 1.1x |
| Mon, 04 Mar 2024 | HK$96.6b | HK$92.5b | HK$5.9b | 8.3x | 16.2x | 1x |
| Wed, 31 Jan 2024 | HK$70.6b | HK$94.1b | HK$6.1b | 7.6x | 11.5x | 0.8x |
| Fri, 29 Dec 2023 | HK$112.6b | HK$95.2b | HK$5.0b | 7.9x | 22.3x | 1.2x |
| Sun, 26 Nov 2023 | HK$72.9b | HK$93.6b | HK$6.3b | 7.2x | 11.7x | 0.8x |
| Tue, 24 Oct 2023 | HK$71.5b | HK$93.0b | HK$6.1b | 7.2x | 11.7x | 0.8x |
| Thu, 21 Sep 2023 | HK$79.4b | HK$91.5b | HK$5.9b | 8.1x | 13.4x | 0.9x |
| Sat, 19 Aug 2023 | HK$87.9b | HK$93.9b | HK$5.9b | 8.7x | 14.8x | 0.9x |
| Mon, 17 Jul 2023 | HK$88.0b | HK$82.8b | HK$6.0b | 8.4x | 14.7x | 1.1x |
| Wed, 14 Jun 2023 | HK$87.6b | HK$83.4b | HK$6.3b | 8.8x | 13.8x | 1.1x |
| Fri, 12 May 2023 | HK$92.3b | HK$85.3b | HK$6.5b | 8.9x | 14.2x | 1.1x |
| Sun, 09 Apr 2023 | HK$89.0b | HK$85.2b | HK$6.5b | 7.6x | 13.6x | 1x |
| Tue, 07 Mar 2023 | HK$92.3b | HK$83.1b | HK$6.1b | 11.5x | 15x | 1.1x |
| Thu, 02 Feb 2023 | HK$87.8b | HK$84.6b | HK$6.3b | 10.1x | 14x | 1x |
| Sat, 31 Dec 2022 | HK$80.7b | HK$82.9b | HK$6.1b | 9.9x | 13.2x | 1x |
| Mon, 28 Nov 2022 | HK$74.8b | HK$80.9b | HK$6.0b | 11.2x | 12.5x | 0.9x |
| Wed, 26 Oct 2022 | HK$69.6b | HK$79.1b | HK$6.0b | 11.6x | 11.7x | 0.9x |
| Fri, 23 Sep 2022 | HK$73.9b | HK$80.6b | HK$6.1b | 13.7x | 12.2x | 0.9x |
| Sun, 21 Aug 2022 | HK$81.8b | HK$81.5b | HK$6.4b | 8.6x | 12.8x | 1x |
| Tue, 19 Jul 2022 | HK$79.0b | HK$79.4b | HK$6.1b | 8.7x | 12.9x | 1x |
| Thu, 16 Jun 2022 | HK$70.0b | HK$71.1b | HK$5.8b | 7.2x | 12.1x | 1x |
| Sat, 14 May 2022 | HK$67.1b | HK$70.7b | HK$5.8b | 7.5x | 11.6x | 0.9x |
| Mon, 11 Apr 2022 | HK$73.1b | HK$73.6b | HK$6.0b | 8.1x | 12.3x | 1x |
| Wed, 09 Mar 2022 | HK$76.1b | HK$72.8b | HK$5.9b | 5.5x | 12.9x | 1x |
| Fri, 04 Feb 2022 | HK$76.6b | HK$76.2b | HK$6.0b | 6.8x | 12.7x | 1x |
| Sun, 02 Jan 2022 | HK$78.7b | HK$76.3b | HK$6.0b | 6.9x | 13.1x | 1x |
| Tue, 30 Nov 2021 | HK$76.1b | HK$75.8b | HK$6.0b | 6.7x | 12.7x | 1x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 87.5x which is higher than its 3-year average PE of 19.7x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have declined 38% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Hong Kong Electronic Equipment and Instruments compare with similar industries?
| HK Market | -0.64% | |
| Tech | -0.36% | |
| Electronic Equipment and Components | 3.73% | |
| Electronic Equipment and Instruments | -0.15% | |
| Electronic Manufacturing Services | 12.68% | |
| Electronic Components | 3.92% | |
| Technology Distributors | -0.14% | |
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 | |
|---|---|---|---|---|---|
| 1478 Q Technology (Group) | HK$5.68 | 12.7% +HK$758.1m | 26.2% | PE35.5x | |
| 2498 Robosense Technology | HK$16.76 | 7.6% +HK$532.1m | n/a | PS4.6x | |
| 3393 Wasion Holdings | HK$6.88 | 6.3% +HK$408.3m | 141.4% | PE10x | |
| 2481 Wise Living Technology | HK$2.80 | 5.3% +HK$42.2m | 5.7% | PE4.3x | |
| 31 China Aerospace International Holdings | HK$0.38 | 1.3% +HK$15.4m | 11.8% | PS0.3x |
