Do SUNeVision Holdings' (HKG:1686) Earnings Warrant Your Attention?
Feb 06
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Hong Kong (HSI) IT Industry Analysis
UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies36
- 7D-7.2%
- 3M-3.6%
- 1Y-0.6%
- YTD4.5%
Over the last 7 days, the IT industry has dropped 9.0%, driven by SUNeVision Holdings declining 11%. In the past year, the industry has gained 4.1%. As for the next few years, earnings are expected to grow by 56% per annum.
Industry Valuation and Performance
Has the Hong Kong IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Feb 2026 | HK$94.2b | HK$65.4b | HK$1.7b | 21.3x | 54.7x | 1.4x |
| Mon, 05 Jan 2026 | HK$90.1b | HK$64.8b | HK$1.7b | 20.6x | 52.6x | 1.4x |
| Wed, 03 Dec 2025 | HK$79.3b | HK$63.9b | HK$1.9b | 20.9x | 42.4x | 1.2x |
| Fri, 31 Oct 2025 | HK$84.2b | HK$63.5b | HK$1.9b | 24.4x | 44.8x | 1.3x |
| Sun, 28 Sep 2025 | HK$85.9b | HK$63.4b | HK$1.9b | 25.6x | 45.7x | 1.4x |
| Tue, 26 Aug 2025 | HK$89.3b | HK$61.0b | HK$855.8m | 27.3x | 104.4x | 1.5x |
| Thu, 24 Jul 2025 | HK$85.0b | HK$61.1b | HK$244.9m | 24.4x | 347.2x | 1.4x |
| Sat, 21 Jun 2025 | HK$82.3b | HK$61.4b | HK$343.7m | 14.4x | 239.5x | 1.3x |
| Mon, 19 May 2025 | HK$98.0b | HK$61.0b | HK$350.5m | 13.1x | 279.7x | 1.6x |
| Wed, 16 Apr 2025 | HK$84.8b | HK$59.9b | HK$357.7m | 12.6x | 237.1x | 1.4x |
| Fri, 14 Mar 2025 | HK$81.9b | HK$60.1b | -HK$975,663,898.40 | 17.8x | -84x | 1.4x |
| Sun, 09 Feb 2025 | HK$65.6b | HK$59.8b | -HK$1,021,702,213.68 | 14.8x | -64.2x | 1.1x |
| Tue, 07 Jan 2025 | HK$55.3b | HK$59.4b | -HK$1,010,443,163.85 | 14.2x | -54.7x | 0.9x |
| Thu, 05 Dec 2024 | HK$56.9b | HK$59.9b | -HK$1,024,915,811.01 | 15.2x | -55.5x | 1x |
| Sat, 02 Nov 2024 | HK$54.6b | HK$61.1b | -HK$770,211,650.06 | 17.6x | -70.9x | 0.9x |
| Mon, 30 Sep 2024 | HK$51.4b | HK$61.3b | -HK$835,539,509.97 | 15.3x | -61.5x | 0.8x |
| Wed, 28 Aug 2024 | HK$48.2b | HK$60.1b | -HK$1,450,569,144.38 | 14.1x | -33.2x | 0.8x |
| Fri, 26 Jul 2024 | HK$48.6b | HK$59.8b | -HK$1,284,593,245.67 | 12.3x | -37.9x | 0.8x |
| Sun, 23 Jun 2024 | HK$47.7b | HK$59.3b | -HK$1,290,297,360.86 | 13.5x | -36.9x | 0.8x |
| Tue, 21 May 2024 | HK$49.1b | HK$58.3b | -HK$1,328,595,688.52 | 14.4x | -37x | 0.8x |
| Thu, 18 Apr 2024 | HK$42.9b | HK$58.4b | -HK$1,328,363,030.53 | 12.9x | -32.3x | 0.7x |
| Sat, 16 Mar 2024 | HK$45.4b | HK$58.8b | HK$1.2b | 9.8x | 39.2x | 0.8x |
| Mon, 12 Feb 2024 | HK$43.2b | HK$58.8b | HK$1.2b | 10.3x | 36.2x | 0.7x |
| Wed, 10 Jan 2024 | HK$48.8b | HK$59.9b | HK$1.1b | 10.4x | 44.9x | 0.8x |
| Fri, 08 Dec 2023 | HK$54.3b | HK$60.4b | HK$1.1b | 11.6x | 49x | 0.9x |
| Sun, 05 Nov 2023 | HK$53.9b | HK$59.2b | HK$1.1b | 11.2x | 49.4x | 0.9x |
| Tue, 03 Oct 2023 | HK$55.9b | HK$59.0b | HK$997.6m | 11.9x | 56x | 0.9x |
| Thu, 31 Aug 2023 | HK$54.7b | HK$57.8b | HK$1.0b | 11.5x | 53.7x | 0.9x |
| Sat, 29 Jul 2023 | HK$56.5b | HK$58.1b | HK$2.0b | 12.1x | 27.7x | 1x |
| Mon, 26 Jun 2023 | HK$51.8b | HK$57.9b | HK$2.0b | 10x | 25.8x | 0.9x |
| Wed, 24 May 2023 | HK$51.7b | HK$58.8b | HK$2.0b | 9.9x | 25.4x | 0.9x |
| Fri, 21 Apr 2023 | HK$53.5b | HK$57.7b | HK$1.9b | 10.7x | 27.7x | 0.9x |
| Sun, 19 Mar 2023 | HK$54.4b | HK$60.8b | HK$3.0b | 10.9x | 18.3x | 0.9x |
| Tue, 14 Feb 2023 | HK$126.7b | HK$74.9b | HK$4.9b | 11.6x | 25.6x | 1.7x |
Price to Earnings Ratio
25.6x
Current Industry PE
- Investors are optimistic on the Hong Kong IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 55.6x which is higher than its 3-year average PE of 41.3x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 30% per year over the last three years,
- Revenues have also declined 4.5% 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 | -1.98% | |
| Tech | -4.72% | |
| IT | -7.23% | |
| IT Consulting | -5.89% | |
| Data Processing Services | -7.17% | |
| Internet Services and Infrastructure | -10.31% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 25.2x.
- Analysts are expecting annual earnings growth of 82.4%, which is higher than its past year's earnings decline of 11.4% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 82% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| 2495 Voicecomm Technology | HK$59.00 | 2.3% +HK$46.2m | -73.2% | PE10.4x | |
| 9600 Newlink Technology | HK$0.25 | 18.3% +HK$35.6m | -29.7% | PS0.7x | |
| 8611 Mindtell Technology | HK$0.98 | 7.7% +HK$32.8m | 78.2% | PS12.7x | |
| 1985 Microware Group | HK$1.38 | 6.2% +HK$21.6m | 2.2% | PS0.3x | |
| 1075 Capinfo | HK$3.05 | 1.7% +HK$14.5m | 47.3% | PE39.9x |
