Narrative Update • Aug 21

Over the last 7 days, the Technology Distributors industry has dropped 5.8%, driven by VSTECS Holdings declining 10%. Meanwhile, S.A.S. Dragon Holdings actually outperformed within the industry, gaining 12% in the last week. In the past year, the industry has gained 7.0%. Looking forward, earnings are forecast to grow by 15% annually.
Has the Hong Kong Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 22 Aug 2026 | HK$37.8b | HK$259.8b | HK$3.9b | 15.2x | 9.8x | 0.1x |
| Mon, 20 Jul 2026 | HK$36.4b | HK$222.3b | HK$2.9b | 18.2x | 12.7x | 0.2x |
| Wed, 17 Jun 2026 | HK$39.2b | HK$222.3b | HK$2.5b | 17.1x | 15.8x | 0.2x |
| Fri, 15 May 2026 | HK$36.6b | HK$222.2b | HK$2.5b | 17.4x | 14.8x | 0.2x |
| Sun, 12 Apr 2026 | HK$31.0b | HK$222.1b | HK$2.5b | 9.2x | 12.5x | 0.1x |
| Tue, 10 Mar 2026 | HK$30.2b | HK$206.5b | HK$2.2b | 11.2x | 13.9x | 0.1x |
| Thu, 05 Feb 2026 | HK$31.9b | HK$206.4b | HK$2.2b | 13.3x | 14.7x | 0.2x |
| Sat, 03 Jan 2026 | HK$30.3b | HK$206.3b | HK$2.2b | 9.5x | 13.9x | 0.1x |
| Mon, 01 Dec 2025 | HK$30.6b | HK$206.0b | HK$2.2b | 10.2x | 14.1x | 0.1x |
| Wed, 29 Oct 2025 | HK$33.5b | HK$205.7b | HK$2.3b | 16.4x | 14.4x | 0.2x |
| Fri, 26 Sep 2025 | HK$33.2b | HK$205.6b | HK$2.3b | 15.7x | 14.2x | 0.2x |
| Sun, 24 Aug 2025 | HK$34.8b | HK$202.8b | HK$2.3b | 11.9x | 15x | 0.2x |
| Tue, 22 Jul 2025 | HK$30.1b | HK$195.6b | HK$2.2b | 9.6x | 14x | 0.2x |
| Thu, 19 Jun 2025 | HK$25.1b | HK$195.2b | HK$2.3b | 10.1x | 10.9x | 0.1x |
| Sat, 17 May 2025 | HK$23.5b | HK$195.1b | HK$2.3b | 9.2x | 10.2x | 0.1x |
| Mon, 14 Apr 2025 | HK$20.4b | HK$194.9b | HK$2.3b | 7.4x | 8.8x | 0.1x |
| Wed, 12 Mar 2025 | HK$23.0b | HK$184.0b | HK$2.2b | 7.9x | 10.6x | 0.1x |
| Fri, 07 Feb 2025 | HK$19.7b | HK$183.9b | HK$2.2b | 7.3x | 9.1x | 0.1x |
| Sun, 05 Jan 2025 | HK$18.7b | HK$183.9b | HK$2.2b | 7.2x | 8.6x | 0.1x |
| Tue, 03 Dec 2024 | HK$18.8b | HK$184.0b | HK$2.2b | 7x | 8.7x | 0.1x |
| Thu, 31 Oct 2024 | HK$19.0b | HK$182.9b | HK$2.0b | 7.6x | 9.5x | 0.1x |
| Sat, 28 Sep 2024 | HK$17.1b | HK$183.0b | HK$2.0b | 7.2x | 8.5x | 0.09x |
| Mon, 26 Aug 2024 | HK$16.3b | HK$182.7b | HK$2.0b | 6.3x | 8.2x | 0.09x |
| Wed, 24 Jul 2024 | HK$15.7b | HK$170.0b | HK$2.0b | 6.9x | 8x | 0.09x |
| Fri, 21 Jun 2024 | HK$17.3b | HK$170.3b | HK$1.5b | 8.3x | 11.9x | 0.1x |
| Sun, 19 May 2024 | HK$18.0b | HK$170.3b | HK$1.5b | 8.5x | 12.3x | 0.1x |
| Tue, 16 Apr 2024 | HK$16.9b | HK$170.3b | HK$1.5b | 9.2x | 11.6x | 0.1x |
| Thu, 14 Mar 2024 | HK$16.4b | HK$167.1b | HK$1.3b | 6.6x | 12.6x | 0.1x |
| Sat, 10 Feb 2024 | HK$16.2b | HK$167.1b | HK$1.3b | 6.6x | 12.5x | 0.1x |
| Mon, 08 Jan 2024 | HK$16.8b | HK$167.2b | HK$1.3b | 6.8x | 12.9x | 0.1x |
| Wed, 06 Dec 2023 | HK$16.0b | HK$167.2b | HK$1.3b | 6.3x | 12.3x | 0.1x |
| Fri, 03 Nov 2023 | HK$16.6b | HK$167.2b | HK$1.4b | 6.4x | 12.1x | 0.1x |
| Sun, 01 Oct 2023 | HK$25.7b | HK$167.2b | HK$1.4b | 6.9x | 18.8x | 0.2x |
| Tue, 29 Aug 2023 | HK$78.9b | HK$168.8b | HK$1.4b | 6.5x | 54.4x | 0.5x |
54.4x
How does Hong Kong Technology Distributors compare with similar industries?
| HK Market | 3.64% | |
| Tech | 0.30% | |
| Electronic Equipment and Components | -2.07% | |
| Technology Distributors | -3.06% | |
| Electronic Components | -1.09% | |
| Electronic Equipment and Instruments | -2.75% | |
| Electronic Manufacturing Services | -3.23% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1184 S.A.S. Dragon Holdings | HK$8.78 | 12.1% +HK$591.4m | 71.1% | PE5x | |
| 2166 Smart-Core Holdings | HK$5.36 | 20.9% +HK$423.4m | 197.5% | PE15.2x | |
| 1473 Pangaea Connectivity Technology | HK$1.29 | 6.6% +HK$94.2m | 189.9% | PE36.6x | |
| 595 AV Concept Holdings | HK$1.31 | 5.7% +HK$62.9m | 214.5% | PE5.1x | |
| 2350 MTT Group Holdings | HK$0.66 | 5.6% +HK$21.9m | 6.5% | PS0.6x |