Nanjing Sample Technology (HKG:1708) Has Some Difficulty Using Its Capital Effectively
Aug 12
Hong Kong (HSI) Electronic Equipment and Components Industry Analysis
UpdatedAug 12, 2024
DataAggregated Company Financials
Companies76
- 7D-1.5%
- 3M-7.8%
- 1Y-5.3%
- YTD-3.4%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.5%, driven by a pullback from China Railway Signal & Communication of 0.6%. On the other hand Sunny Optical Technology (Group) is actually up 9.4%. Overall the industry is down 5.3% in 12 months. Earnings are forecast to grow by 22% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 12 Aug 2024 | HK$287.8b | HK$519.8b | HK$11.5b | 9.4x | 25.1x | 0.6x |
| Wed, 10 Jul 2024 | HK$328.5b | HK$524.7b | HK$11.0b | 10.1x | 30x | 0.6x |
| Fri, 07 Jun 2024 | HK$314.3b | HK$526.1b | HK$11.0b | 11.5x | 28.7x | 0.6x |
| Sun, 05 May 2024 | HK$291.5b | HK$528.0b | HK$10.6b | 10.6x | 27.4x | 0.6x |
| Tue, 02 Apr 2024 | HK$277.3b | HK$529.2b | HK$11.1b | 8.6x | 25x | 0.5x |
| Thu, 29 Feb 2024 | HK$260.8b | HK$540.5b | HK$13.1b | 7.2x | 19.9x | 0.5x |
| Sat, 27 Jan 2024 | HK$248.2b | HK$544.9b | HK$13.3b | 7.1x | 18.6x | 0.5x |
| Mon, 25 Dec 2023 | HK$277.3b | HK$542.0b | HK$13.6b | 7.6x | 20.4x | 0.5x |
| Wed, 22 Nov 2023 | HK$283.6b | HK$542.2b | HK$14.1b | 6.9x | 20.1x | 0.5x |
| Fri, 20 Oct 2023 | HK$265.0b | HK$540.6b | HK$13.9b | 7.2x | 19.1x | 0.5x |
| Sun, 17 Sep 2023 | HK$315.2b | HK$539.6b | HK$13.8b | 7.8x | 22.9x | 0.6x |
| Tue, 15 Aug 2023 | HK$289.7b | HK$581.1b | HK$18.3b | 7x | 15.8x | 0.5x |
| Thu, 13 Jul 2023 | HK$315.6b | HK$584.9b | HK$19.5b | 7x | 16.1x | 0.5x |
| Sat, 10 Jun 2023 | HK$314.7b | HK$588.8b | HK$20.2b | 6.5x | 15.6x | 0.5x |
| Mon, 08 May 2023 | HK$331.0b | HK$603.2b | HK$20.4b | 6.5x | 16.3x | 0.5x |
| Wed, 05 Apr 2023 | HK$349.8b | HK$604.7b | HK$20.7b | 6.8x | 16.9x | 0.6x |
| Fri, 03 Mar 2023 | HK$367.0b | HK$624.5b | HK$31.5b | 6.2x | 11.7x | 0.6x |
| Sun, 29 Jan 2023 | HK$396.0b | HK$626.0b | HK$31.6b | 6.5x | 12.5x | 0.6x |
| Tue, 27 Dec 2022 | HK$333.2b | HK$613.4b | HK$31.6b | 6.1x | 10.6x | 0.5x |
| Thu, 24 Nov 2022 | HK$318.0b | HK$611.5b | HK$31.4b | 6.3x | 10.1x | 0.5x |
| Sat, 22 Oct 2022 | HK$288.7b | HK$610.3b | HK$31.4b | 5.6x | 9.2x | 0.5x |
| Mon, 19 Sep 2022 | HK$333.9b | HK$613.3b | HK$31.7b | 6.5x | 10.5x | 0.5x |
| Wed, 17 Aug 2022 | HK$367.5b | HK$614.4b | HK$37.1b | 6.8x | 9.9x | 0.6x |
| Fri, 15 Jul 2022 | HK$365.5b | HK$619.7b | HK$38.0b | 6.8x | 9.6x | 0.6x |
| Sun, 12 Jun 2022 | HK$392.8b | HK$612.1b | HK$37.8b | 7.1x | 10.4x | 0.6x |
| Tue, 10 May 2022 | HK$354.8b | HK$611.9b | HK$38.3b | 6.8x | 9.3x | 0.6x |
| Thu, 07 Apr 2022 | HK$395.1b | HK$617.7b | HK$38.7b | 7.2x | 10.2x | 0.6x |
| Sat, 05 Mar 2022 | HK$440.7b | HK$599.2b | HK$34.7b | 7.1x | 12.7x | 0.7x |
| Mon, 31 Jan 2022 | HK$503.2b | HK$601.5b | HK$34.7b | 7.1x | 14.5x | 0.8x |
| Wed, 29 Dec 2021 | HK$567.1b | HK$601.6b | HK$34.7b | 7.6x | 16.3x | 0.9x |
| Fri, 26 Nov 2021 | HK$573.7b | HK$598.8b | HK$34.4b | 8.3x | 16.7x | 1x |
| Sun, 24 Oct 2021 | HK$531.1b | HK$600.5b | HK$35.0b | 8.9x | 15.2x | 0.9x |
| Tue, 21 Sep 2021 | HK$547.3b | HK$599.1b | HK$34.9b | 8.7x | 15.7x | 0.9x |
| Thu, 19 Aug 2021 | HK$551.4b | HK$599.2b | HK$34.8b | 9.2x | 15.8x | 0.9x |
Price to Earnings Ratio
15.8x
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 25.1x which is higher than its 3-year average PE of 16.2x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 31% per year over the last three years,
- Revenues have also declined 4.6% 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 | -0.15% | |
| Tech | 0.24% | |
| Electronic Equipment and Components | -1.54% | |
| Electronic Components | -0.13% | |
| Electronic Equipment and Instruments | -0.88% | |
| Technology Distributors | -1.03% | |
| Electronic Manufacturing Services | -6.85% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 16.5x.
- Analysts are expecting annual earnings growth of 29.3%, which is higher than its past year's earnings decline of 48.6% 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 49% 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 | |
|---|---|---|---|---|---|
| 2382 Sunny Optical Technology (Group) | HK$43.25 | 9.4% +HK$4.0b | -36.4% | PE39.4x | |
| 1415 Cowell e Holdings | HK$21.00 | 9.8% +HK$1.6b | 53.5% | PE49.6x | |
| 1888 Kingboard Laminates Holdings | HK$6.68 | 5.4% +HK$1.1b | -10.0% | PE23x | |
| 3393 Wasion Holdings | HK$6.60 | 14.4% +HK$826.6m | 120.7% | PE11.6x | |
| 6088 FIT Hon Teng | HK$2.28 | 5.1% +HK$779.4m | 103.6% | PE16.1x |
