Smart-Core Holdings' (HKG:2166) Earnings Are Of Questionable Quality
Apr 24
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Technology Distributors Industry Analysis
UpdatedMay 01, 2026
DataAggregated Company Financials
Companies25
- 7D8.0%
- 3M4.9%
- 1Y49.3%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has risen 8.0%, driven by gains from VSTECS Holdings of 9.1%. Meanwhile, MOG Digitech Holdings actually underperformed within the industry, shrinking 20% in the last week. This means that the industry has gained 49% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Hong Kong Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 May 2026 | HK$33.5b | HK$222.1b | HK$2.5b | 15.4x | 13.5x | 0.2x |
| Mon, 30 Mar 2026 | HK$31.0b | HK$215.4b | HK$2.4b | 10.6x | 12.9x | 0.1x |
| Wed, 25 Feb 2026 | HK$32.5b | HK$206.6b | HK$2.2b | 12.6x | 14.9x | 0.2x |
| Fri, 23 Jan 2026 | HK$32.3b | HK$206.3b | HK$2.2b | 11.9x | 14.8x | 0.2x |
| Sun, 21 Dec 2025 | HK$29.3b | HK$206.1b | HK$2.2b | 10.4x | 13.5x | 0.1x |
| Tue, 18 Nov 2025 | HK$30.7b | HK$205.7b | HK$2.1b | 14.7x | 14.4x | 0.1x |
| Thu, 16 Oct 2025 | HK$32.1b | HK$205.6b | HK$2.3b | 16.5x | 13.8x | 0.2x |
| Sat, 13 Sep 2025 | HK$32.6b | HK$205.6b | HK$2.3b | 15.3x | 14x | 0.2x |
| Mon, 11 Aug 2025 | HK$30.7b | HK$195.6b | HK$2.2b | 10.5x | 14.3x | 0.2x |
| Wed, 09 Jul 2025 | HK$25.9b | HK$195.6b | HK$2.2b | 9.7x | 12x | 0.1x |
| Fri, 06 Jun 2025 | HK$22.7b | HK$195.2b | HK$2.3b | 8.6x | 9.8x | 0.1x |
| Sun, 04 May 2025 | HK$22.6b | HK$194.9b | HK$2.3b | 8.7x | 9.8x | 0.1x |
| Tue, 01 Apr 2025 | HK$23.1b | HK$194.4b | HK$2.4b | 8x | 9.7x | 0.1x |
| Thu, 27 Feb 2025 | HK$24.0b | HK$184.0b | HK$2.2b | 8x | 11x | 0.1x |
| Sat, 25 Jan 2025 | HK$19.1b | HK$184.0b | HK$2.2b | 6.8x | 8.8x | 0.1x |
| Mon, 23 Dec 2024 | HK$19.0b | HK$183.9b | HK$2.2b | 7.4x | 8.7x | 0.1x |
| Wed, 20 Nov 2024 | HK$19.0b | HK$183.5b | HK$2.1b | 7.9x | 9x | 0.1x |
| Fri, 18 Oct 2024 | HK$18.4b | HK$182.9b | HK$2.0b | 7.6x | 9.2x | 0.1x |
| Sun, 15 Sep 2024 | HK$16.2b | HK$182.9b | HK$2.0b | 7x | 8.1x | 0.09x |
| Tue, 13 Aug 2024 | HK$16.5b | HK$170.5b | HK$2.0b | 6.7x | 8.4x | 0.1x |
| Thu, 11 Jul 2024 | HK$16.1b | HK$170.0b | HK$2.0b | 7.3x | 8.2x | 0.09x |
| Sat, 08 Jun 2024 | HK$17.0b | HK$170.3b | HK$1.5b | 9.7x | 11.6x | 0.1x |
| Mon, 06 May 2024 | HK$17.9b | HK$170.3b | HK$1.5b | 8.4x | 12.3x | 0.1x |
| Wed, 03 Apr 2024 | HK$16.4b | HK$170.2b | HK$1.5b | 6.7x | 11.1x | 0.1x |
| Fri, 01 Mar 2024 | HK$16.3b | HK$167.1b | HK$1.3b | 6.5x | 12.6x | 0.1x |
| Sun, 28 Jan 2024 | HK$16.7b | HK$167.2b | HK$1.3b | 6.9x | 12.9x | 0.1x |
| Tue, 26 Dec 2023 | HK$16.6b | HK$167.2b | HK$1.3b | 6.7x | 12.8x | 0.1x |
| Thu, 23 Nov 2023 | HK$17.1b | HK$167.3b | HK$1.4b | 6.3x | 12.6x | 0.1x |
| Sat, 21 Oct 2023 | HK$18.0b | HK$167.2b | HK$1.4b | 6.6x | 13.1x | 0.1x |
| Mon, 18 Sep 2023 | HK$66.8b | HK$167.1b | HK$1.4b | 6.7x | 48.3x | 0.4x |
| Wed, 16 Aug 2023 | HK$16.2b | HK$180.7b | HK$1.6b | 6.1x | 9.9x | 0.09x |
| Fri, 14 Jul 2023 | HK$16.7b | HK$182.1b | HK$1.8b | 5.5x | 9.4x | 0.09x |
| Sun, 11 Jun 2023 | HK$17.3b | HK$182.8b | HK$1.8b | 5.3x | 9.8x | 0.09x |
| Tue, 09 May 2023 | HK$17.9b | HK$183.2b | HK$1.8b | 5.7x | 9.9x | 0.1x |
Price to Earnings Ratio
9.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Technology Distributors industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.5x which is higher than its 3-year average PE of 12.3x.
- The industry is trading close to its 3-year average PS ratio of 0.12x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 6.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Technology Distributors compare with similar industries?
| HK Market | -0.53% | |
| Tech | -0.48% | |
| Electronic Equipment and Components | -1.63% | |
| Technology Distributors | 8.00% | |
| Electronic Components | 0.97% | |
| Electronic Manufacturing Services | -5.62% | |
| Electronic Equipment and Instruments | -6.18% | |
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 | |
|---|---|---|---|---|---|
| 856 VSTECS Holdings | HK$10.24 | 4.3% +HK$600.5m | 60.3% | PE10.8x | |
| 6036 Apex Ace Holding | HK$0.94 | 97.9% +HK$490.1m | 108.9% | PE14.9x | |
| 1184 S.A.S. Dragon Holdings | HK$5.73 | 9.1% +HK$300.4m | 42.5% | PE6.4x | |
| 1410 Edvance International Holdings | HK$0.84 | 20.0% +HK$140.6m | 290.7% | PE16.3x | |
| 911 Qianhai Health Holdings | HK$0.95 | 131.7% +HK$91.5m | 368.0% | PE27.1x |