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Hong Kong (HSI) Electronic Equipment and Components Industry Analysis
UpdatedMay 23, 2024
DataAggregated Company Financials
Companies77
- 7D2.4%
- 3M21.7%
- 1Y-13.8%
- YTD5.8%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Robosense Technology gained 71%. Unfortunately though, the industry is down 16% over the past 12 months. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Hong Kong Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | HK$311.2b | HK$527.8b | HK$10.6b | 11.1x | 29.3x | 0.6x |
| Sat, 20 Apr 2024 | HK$276.7b | HK$529.4b | HK$11.1b | 9.3x | 25x | 0.5x |
| Mon, 18 Mar 2024 | HK$278.8b | HK$529.4b | HK$13.5b | 7.4x | 20.6x | 0.5x |
| Wed, 14 Feb 2024 | HK$252.5b | HK$541.2b | HK$13.3b | 6.7x | 19x | 0.5x |
| Fri, 12 Jan 2024 | HK$261.6b | HK$544.5b | HK$13.3b | 7.5x | 19.6x | 0.5x |
| Sun, 10 Dec 2023 | HK$272.2b | HK$541.3b | HK$13.6b | 7.5x | 20x | 0.5x |
| Tue, 07 Nov 2023 | HK$282.1b | HK$540.8b | HK$14.0b | 7.4x | 20.2x | 0.5x |
| Thu, 05 Oct 2023 | HK$259.7b | HK$541.0b | HK$13.9b | 7.4x | 18.7x | 0.5x |
| Sat, 02 Sep 2023 | HK$298.4b | HK$541.4b | HK$13.8b | 7.9x | 21.6x | 0.6x |
| Mon, 31 Jul 2023 | HK$305.7b | HK$584.7b | HK$19.6b | 7.1x | 15.6x | 0.5x |
| Wed, 28 Jun 2023 | HK$310.1b | HK$586.5b | HK$20.3b | 6.5x | 15.3x | 0.5x |
| Fri, 26 May 2023 | HK$319.7b | HK$599.7b | HK$20.1b | 6.3x | 15.9x | 0.5x |
| Sun, 23 Apr 2023 | HK$346.7b | HK$602.9b | HK$20.4b | 6.8x | 17x | 0.6x |
| Tue, 21 Mar 2023 | HK$346.9b | HK$640.8b | HK$30.6b | 6.1x | 11.3x | 0.5x |
| Thu, 16 Feb 2023 | HK$371.7b | HK$625.6b | HK$31.5b | 6.4x | 11.8x | 0.6x |
| Sat, 14 Jan 2023 | HK$354.9b | HK$626.6b | HK$31.6b | 6.4x | 11.2x | 0.6x |
| Mon, 12 Dec 2022 | HK$355.3b | HK$612.9b | HK$31.5b | 6.3x | 11.3x | 0.6x |
| Wed, 09 Nov 2022 | HK$312.9b | HK$611.6b | HK$31.4b | 5.7x | 10x | 0.5x |
| Fri, 07 Oct 2022 | HK$298.6b | HK$611.9b | HK$31.6b | 6.5x | 9.5x | 0.5x |
| Sun, 04 Sep 2022 | HK$343.9b | HK$614.8b | HK$31.8b | 6.5x | 10.8x | 0.6x |
| Tue, 02 Aug 2022 | HK$354.2b | HK$619.2b | HK$37.9b | 7x | 9.3x | 0.6x |
| Thu, 30 Jun 2022 | HK$386.7b | HK$611.5b | HK$37.6b | 7.1x | 10.3x | 0.6x |
| Sat, 28 May 2022 | HK$368.1b | HK$611.5b | HK$37.8b | 6.8x | 9.7x | 0.6x |
| Mon, 25 Apr 2022 | HK$370.7b | HK$615.2b | HK$38.5b | 6.8x | 9.6x | 0.6x |
| Wed, 23 Mar 2022 | HK$425.3b | HK$606.6b | HK$40.5b | 7x | 10.5x | 0.7x |
| Fri, 18 Feb 2022 | HK$507.9b | HK$602.3b | HK$34.8b | 7.4x | 14.6x | 0.8x |
| Sun, 16 Jan 2022 | HK$549.9b | HK$601.5b | HK$34.7b | 7.6x | 15.8x | 0.9x |
| Tue, 14 Dec 2021 | HK$564.7b | HK$601.4b | HK$34.6b | 7.7x | 16.3x | 0.9x |
| Thu, 11 Nov 2021 | HK$515.9b | HK$598.5b | HK$34.8b | 8.1x | 14.8x | 0.9x |
| Sat, 09 Oct 2021 | HK$516.3b | HK$599.5b | HK$34.9b | 8.3x | 14.8x | 0.9x |
| Mon, 06 Sep 2021 | HK$585.4b | HK$598.7b | HK$34.9b | 10.2x | 16.8x | 1x |
| Wed, 04 Aug 2021 | HK$611.0b | HK$599.2b | HK$34.8b | 9.6x | 17.5x | 1x |
Price to Earnings Ratio
19.3x
Current Industry PE
- Investors are optimistic on the Hong Kong Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.1x which is higher than its 3-year average PE of 15.4x.
- The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 28% per year over the last three years,
- Revenues have also declined 2.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Tech industry?
| HK Market | 1.37% | |
| Tech | 0.52% | |
| Electronic Equipment and Components | 2.36% | |
| Electronic Components | 6.10% | |
| Technology Distributors | 0.67% | |
| Electronic Equipment and Instruments | -0.086% | |
| Electronic Manufacturing Services | -3.56% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 15.1x.
- Analysts are expecting annual earnings growth of 29.1%, which is higher than its past year's earnings decline of 44.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 44% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2498 Robosense Technology | HK$68.00 | 70.9% +HK$12.7b | n/a | PS25.4x | |
| 1888 Kingboard Laminates Holdings | HK$9.20 | 13.6% +HK$3.4b | 22.0% | PE31.6x | |
| 1415 Cowell e Holdings | HK$21.75 | 14.1% +HK$2.3b | 18.2% | PE51x | |
| 2382 Sunny Optical Technology (Group) | HK$44.65 | 4.3% +HK$2.0b | -44.7% | PE41x | |
| 148 Kingboard Holdings | HK$20.60 | 4.6% +HK$997.5m | -9.6% | PE11.1x |
