Analysis Article • May 08

Over the last 7 days, the Technology Distributors industry has dropped 3.1%, driven by a pullback from VSTECS Holdings of 11%. In contrast, Ingdan has gained 19%. Over the past 12 months, the industry was up 53%. As for the next few years, earnings are expected to grow by 15% per annum.
Has the Hong Kong Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 May 2026 | HK$36.7b | HK$222.2b | HK$2.5b | 18x | 14.8x | 0.2x |
| Fri, 17 Apr 2026 | HK$30.7b | HK$222.1b | HK$2.5b | 9.1x | 12.4x | 0.1x |
| Sun, 15 Mar 2026 | HK$30.0b | HK$206.5b | HK$2.2b | 10.6x | 13.8x | 0.1x |
| Tue, 10 Feb 2026 | HK$32.1b | HK$206.4b | HK$2.2b | 13.3x | 14.7x | 0.2x |
| Thu, 08 Jan 2026 | HK$31.8b | HK$206.2b | HK$2.2b | 10.3x | 14.6x | 0.2x |
| Sat, 06 Dec 2025 | HK$30.1b | HK$206.1b | HK$2.2b | 10.8x | 13.9x | 0.1x |
| Mon, 03 Nov 2025 | HK$32.5b | HK$205.6b | HK$2.1b | 15.1x | 15.2x | 0.2x |
| Wed, 01 Oct 2025 | HK$33.6b | HK$205.6b | HK$2.3b | 15.9x | 14.4x | 0.2x |
| Fri, 29 Aug 2025 | HK$33.8b | HK$202.4b | HK$2.3b | 12.9x | 14.7x | 0.2x |
| Sun, 27 Jul 2025 | HK$29.3b | HK$195.6b | HK$2.2b | 9.8x | 13.6x | 0.1x |
| Tue, 24 Jun 2025 | HK$24.4b | HK$195.2b | HK$2.3b | 9.9x | 10.6x | 0.1x |
| Thu, 22 May 2025 | HK$23.1b | HK$195.2b | HK$2.3b | 9.1x | 10x | 0.1x |
| Sat, 19 Apr 2025 | HK$20.5b | HK$194.9b | HK$2.3b | 7.5x | 8.9x | 0.1x |
| Mon, 17 Mar 2025 | HK$23.2b | HK$184.0b | HK$2.2b | 7.9x | 10.7x | 0.1x |
| Wed, 12 Feb 2025 | HK$19.7b | HK$183.9b | HK$2.2b | 7.6x | 9.1x | 0.1x |
| Fri, 10 Jan 2025 | HK$18.4b | HK$183.9b | HK$2.2b | 7.2x | 8.5x | 0.1x |
| Sun, 08 Dec 2024 | HK$19.2b | HK$184.0b | HK$2.2b | 7.1x | 8.8x | 0.1x |
| Tue, 05 Nov 2024 | HK$18.7b | HK$183.7b | HK$2.1b | 7.5x | 8.9x | 0.1x |
| Thu, 03 Oct 2024 | HK$18.0b | HK$183.0b | HK$2.0b | 7.5x | 9x | 0.1x |
| Sat, 31 Aug 2024 | HK$16.6b | HK$182.8b | HK$2.0b | 6.8x | 8.2x | 0.09x |
| Mon, 29 Jul 2024 | HK$15.9b | HK$170.0b | HK$2.0b | 6.6x | 8x | 0.09x |
| Wed, 26 Jun 2024 | HK$16.6b | HK$170.2b | HK$1.8b | 7.7x | 9x | 0.1x |
| Fri, 24 May 2024 | HK$18.0b | HK$170.3b | HK$1.5b | 8.9x | 12.3x | 0.1x |
| Sun, 21 Apr 2024 | HK$16.8b | HK$170.3b | HK$1.5b | 9.5x | 11.5x | 0.1x |
| Tue, 19 Mar 2024 | HK$16.2b | HK$167.1b | HK$1.3b | 6.5x | 12.5x | 0.1x |
| Thu, 15 Feb 2024 | HK$16.1b | HK$167.1b | HK$1.3b | 6.6x | 12.4x | 0.1x |
| Sat, 13 Jan 2024 | HK$16.7b | HK$167.1b | HK$1.3b | 6.8x | 12.9x | 0.1x |
| Mon, 11 Dec 2023 | HK$16.1b | HK$167.1b | HK$1.3b | 6.4x | 12.4x | 0.1x |
| Wed, 08 Nov 2023 | HK$16.6b | HK$167.2b | HK$1.4b | 6.7x | 12.1x | 0.1x |
| Fri, 06 Oct 2023 | HK$25.7b | HK$167.2b | HK$1.4b | 6.7x | 18.8x | 0.2x |
| Sun, 03 Sep 2023 | HK$42.1b | HK$167.2b | HK$1.4b | 6.6x | 30.4x | 0.3x |
| Tue, 01 Aug 2023 | HK$16.4b | HK$182.0b | HK$1.8b | 6.3x | 9.2x | 0.09x |
| Thu, 29 Jun 2023 | HK$17.0b | HK$182.1b | HK$1.8b | 5.8x | 9.3x | 0.09x |
| Sat, 27 May 2023 | HK$17.4b | HK$182.9b | HK$1.8b | 5.2x | 9.9x | 0.1x |
9.9x
How does Hong Kong Technology Distributors compare with similar industries?
| HK Market | -2.46% | |
| Tech | -5.72% | |
| Electronic Equipment and Components | -1.13% | |
| Technology Distributors | -1.66% | |
| Electronic Manufacturing Services | 2.88% | |
| Electronic Equipment and Instruments | 0.80% | |
| Electronic Components | -2.78% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2166 Smart-Core Holdings | HK$4.73 | 14.5% +HK$274.6m | 170.3% | PE13.4x | |
| 400 Ingdan | HK$3.22 | 3.2% +HK$162.1m | 123.6% | PE21.1x | |
| 1473 Pangaea Connectivity Technology | HK$0.63 | 23.5% +HK$140.6m | 311.8% | PE23.5x | |
| 1184 S.A.S. Dragon Holdings | HK$6.48 | 2.2% +HK$87.6m | 51.0% | PE7.3x | |
| 1822 China Wood International Holding | HK$0.16 | 27.0% +HK$33.6m | 37.9% | PS0.6x |