Narrative Update • Aug 21

Over the last 7 days, the Technology Distributors industry has dropped 3.1%, driven by VSTECS Holdings declining 15%. Meanwhile, S.A.S. Dragon Holdings actually outperformed within the industry, gaining 8.4% in the last week. Over the past 12 months, the industry was up 8.4%. Earnings are forecast to grow by 12% annually.
Has the Hong Kong Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Aug 2026 | HK$37.8b | HK$259.8b | HK$3.9b | 15.2x | 9.8x | 0.1x |
| Thu, 23 Jul 2026 | HK$37.9b | HK$222.4b | HK$2.9b | 19.4x | 13.3x | 0.2x |
| Sat, 20 Jun 2026 | HK$38.3b | HK$222.3b | HK$2.5b | 17.1x | 15.4x | 0.2x |
| Mon, 18 May 2026 | HK$36.1b | HK$222.2b | HK$2.5b | 17.1x | 14.6x | 0.2x |
| Wed, 15 Apr 2026 | HK$31.2b | HK$222.1b | HK$2.5b | 9.3x | 12.6x | 0.1x |
| Fri, 13 Mar 2026 | HK$30.1b | HK$206.6b | HK$2.2b | 10.8x | 13.8x | 0.1x |
| Sun, 08 Feb 2026 | HK$31.8b | HK$206.4b | HK$2.2b | 13.7x | 14.6x | 0.2x |
| Tue, 06 Jan 2026 | HK$31.0b | HK$206.3b | HK$2.2b | 9.8x | 14.2x | 0.2x |
| Thu, 04 Dec 2025 | HK$30.1b | HK$206.1b | HK$2.2b | 10.9x | 13.8x | 0.1x |
| Sat, 01 Nov 2025 | HK$32.5b | HK$205.6b | HK$2.3b | 15.8x | 13.9x | 0.2x |
| Mon, 29 Sep 2025 | HK$31.9b | HK$205.6b | HK$2.3b | 15.6x | 13.7x | 0.2x |
| Wed, 27 Aug 2025 | HK$33.6b | HK$201.8b | HK$2.2b | 11.7x | 15x | 0.2x |
| Fri, 25 Jul 2025 | HK$29.1b | HK$195.6b | HK$2.2b | 9.7x | 13.5x | 0.1x |
| Sun, 22 Jun 2025 | HK$24.3b | HK$195.2b | HK$2.3b | 9.7x | 10.5x | 0.1x |
| Tue, 20 May 2025 | HK$23.3b | HK$195.1b | HK$2.3b | 9.1x | 10.1x | 0.1x |
| Thu, 17 Apr 2025 | HK$20.2b | HK$194.9b | HK$2.3b | 7.5x | 8.7x | 0.1x |
| Sat, 15 Mar 2025 | HK$23.2b | HK$184.0b | HK$2.2b | 7.9x | 10.7x | 0.1x |
| Mon, 10 Feb 2025 | HK$19.6b | HK$183.9b | HK$2.2b | 7.5x | 9x | 0.1x |
| Wed, 08 Jan 2025 | HK$18.5b | HK$183.9b | HK$2.2b | 7.2x | 8.5x | 0.1x |
| Fri, 06 Dec 2024 | HK$19.1b | HK$184.0b | HK$2.2b | 6.9x | 8.8x | 0.1x |
| Sun, 03 Nov 2024 | HK$18.8b | HK$183.7b | HK$2.1b | 7.4x | 8.9x | 0.1x |
| Tue, 01 Oct 2024 | HK$17.9b | HK$183.0b | HK$2.0b | 7.5x | 9x | 0.1x |
| Thu, 29 Aug 2024 | HK$16.4b | HK$182.7b | HK$2.0b | 6.3x | 8.2x | 0.09x |
| Sat, 27 Jul 2024 | HK$15.9b | HK$170.0b | HK$2.0b | 6.6x | 8x | 0.09x |
| Mon, 24 Jun 2024 | HK$17.1b | HK$170.6b | HK$1.5b | 7x | 11.1x | 0.1x |
| Wed, 22 May 2024 | HK$17.6b | HK$170.3b | HK$1.5b | 8.6x | 12.1x | 0.1x |
| Fri, 19 Apr 2024 | HK$16.9b | HK$170.3b | HK$1.5b | 9.3x | 11.5x | 0.1x |
| Sun, 17 Mar 2024 | HK$16.2b | HK$167.1b | HK$1.3b | 6.5x | 12.5x | 0.1x |
| Tue, 13 Feb 2024 | HK$16.2b | HK$167.1b | HK$1.3b | 6.6x | 12.5x | 0.1x |
| Thu, 11 Jan 2024 | HK$16.3b | HK$167.1b | HK$1.3b | 6.6x | 12.6x | 0.1x |
| Sat, 09 Dec 2023 | HK$16.1b | HK$167.1b | HK$1.3b | 6.4x | 12.4x | 0.1x |
| Mon, 06 Nov 2023 | HK$16.6b | HK$167.2b | HK$1.4b | 6.5x | 12.1x | 0.1x |
| Wed, 04 Oct 2023 | HK$25.7b | HK$167.2b | HK$1.4b | 6.6x | 18.8x | 0.2x |
| Fri, 01 Sep 2023 | HK$42.0b | HK$168.1b | HK$1.4b | 6.6x | 29.5x | 0.3x |
29.5x
How does Hong Kong Technology Distributors compare with similar industries?
| HK Market | 3.64% | |
| Tech | 0.30% | |
| Electronic Equipment and Components | -2.08% | |
| Technology Distributors | -3.06% | |
| Electronic Components | -1.09% | |
| Electronic Equipment and Instruments | -2.78% | |
| 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$8.54 | 8.4% +HK$416.2m | 63.9% | PE4.8x | |
| 2166 Smart-Core Holdings | HK$4.96 | 3.4% +HK$75.5m | 178.7% | PE14.1x | |
| 595 AV Concept Holdings | HK$1.30 | 4.4% +HK$49.4m | 208.3% | PE5x | |
| 1410 Edvance International Holdings | HK$0.81 | 5.2% +HK$40.2m | 182.5% | PE36.1x | |
| 2336 Shuoao International Holdings | HK$0.23 | 3.2% +HK$12.7m | 162.1% | PS2.4x |