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Hong Kong (HSI) IT Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies36
  • 7D1.8%
  • 3M2.0%
  • 1Y-24.7%
  • YTD18.9%

The IT industry is up 2.7% in the last week, with Shenzhen Xunce Technology up 22%. In the same time, SUNeVision Holdings was down 7.2%. In the past year, the industry is down 22%. As for the next few years, earnings are expected to grow by 65% per annum.

Industry Valuation and Performance

Has the Hong Kong IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Feb 2026HK$107.3bHK$65.9bHK$1.7b20.1x62x1.6x
Sat, 24 Jan 2026HK$101.6bHK$65.1bHK$1.7b23.9x59.2x1.6x
Mon, 22 Dec 2025HK$74.2bHK$63.8bHK$1.8b20.3x41.6x1.2x
Wed, 19 Nov 2025HK$78.8bHK$63.6bHK$1.9b20.5x41.8x1.2x
Fri, 17 Oct 2025HK$84.6bHK$63.4bHK$1.9b25.2x45x1.3x
Sun, 14 Sep 2025HK$85.5bHK$63.4bHK$1.9b25.6x46x1.3x
Tue, 12 Aug 2025HK$83.8bHK$60.9bHK$247.8m25.5x338x1.4x
Thu, 10 Jul 2025HK$79.3bHK$61.0bHK$249.7m21.9x317.7x1.3x
Sat, 07 Jun 2025HK$85.2bHK$61.4bHK$343.7m12.6x247.7x1.4x
Mon, 05 May 2025HK$84.2bHK$60.1bHK$360.4m12.8x233.7x1.4x
Wed, 02 Apr 2025HK$90.7bHK$60.8b-HK$102,672,837.5414.6x-883x1.5x
Fri, 28 Feb 2025HK$86.8bHK$60.0b-HK$971,064,508.0718x-89.4x1.4x
Sun, 26 Jan 2025HK$57.2bHK$60.0b-HK$1,031,050,664.9814.1x-55.4x1x
Tue, 24 Dec 2024HK$57.1bHK$59.6b-HK$1,014,704,404.6715.2x-56.3x1x
Thu, 21 Nov 2024HK$56.7bHK$60.3b-HK$753,642,916.1417.8x-75.3x0.9x
Sat, 19 Oct 2024HK$58.7bHK$62.7b-HK$1,181,697,183.7517.5x-49.7x0.9x
Mon, 16 Sep 2024HK$46.5bHK$60.8b-HK$777,332,273.2013.7x-59.8x0.8x
Wed, 14 Aug 2024HK$47.0bHK$60.1b-HK$1,300,628,059.1012.6x-36.2x0.8x
Fri, 12 Jul 2024HK$50.8bHK$59.6b-HK$1,281,379,203.0914.1x-39.7x0.9x
Sun, 09 Jun 2024HK$46.3bHK$58.6b-HK$1,305,515,745.8013.6x-35.5x0.8x
Tue, 07 May 2024HK$45.6bHK$58.5b-HK$1,340,021,959.8113.7x-34.1x0.8x
Thu, 04 Apr 2024HK$43.4bHK$58.4b-HK$1,286,705,049.5010.5x-33.8x0.7x
Sat, 02 Mar 2024HK$45.7bHK$58.8bHK$1.2b9.6x39.5x0.8x
Mon, 29 Jan 2024HK$46.3bHK$59.8bHK$1.1b10.5x42.6x0.8x
Wed, 27 Dec 2023HK$53.6bHK$60.5bHK$1.1b11.1x48.4x0.9x
Fri, 24 Nov 2023HK$59.9bHK$60.2bHK$1.1b13.9x54.4x1x
Sun, 22 Oct 2023HK$54.7bHK$59.2bHK$1.1b11.3x50.1x0.9x
Tue, 19 Sep 2023HK$60.0bHK$58.8bHK$969.4m11.7x61.9x1x
Thu, 17 Aug 2023HK$52.3bHK$57.4bHK$2.1b12.4x24.4x0.9x
Sat, 15 Jul 2023HK$52.8bHK$58.3bHK$2.0b12.1x25.8x0.9x
Mon, 12 Jun 2023HK$53.3bHK$58.3bHK$2.0b10.1x26.5x0.9x
Wed, 10 May 2023HK$51.8bHK$57.5bHK$1.9b10x26.9x0.9x
Fri, 07 Apr 2023HK$53.8bHK$57.8bHK$1.9b12.7x28.6x0.9x
Sun, 05 Mar 2023HK$121.4bHK$74.4bHK$4.9b12.1x24.6x1.6x
Price to Earnings Ratio

24.6x


Total Market Cap: HK$121.4bTotal Earnings: HK$4.9bTotal Revenue: HK$74.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong IT Industry Price to Earnings3Y Average 42x202420252026
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 62.7x which is higher than its 3-year average PE of 42.0x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
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 4.0% 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 Market0.50%
Tech-0.25%
IT1.76%
IT Consulting4.92%
Data Processing Services-2.44%
Internet Services and Infrastructure-5.79%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 26.6x.
    • Analysts are expecting annual earnings growth of 91.5%, 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 91% 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?

CompanyLast Price7D1YValuation
3317 Shenzhen Xunce TechnologyHK$86.6522.3%
+HK$5.1b
n/aPS44.9x
6657 BaiwangHK$16.506.1%
+HK$214.6m
-54.0%PS4.5x
8198 Crypto Flow TechnologyHK$1.9613.3%
+HK$165.0m
110.8%PS26.2x
2501 Maiyue TechnologyHK$1.1012.2%
+HK$60.0m
18.3%PE101.1x
8645 Byte Metaverse HoldingsHK$0.6310.5%
+HK$45.4m
12.5%PS1.6x

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