China ITS (Holdings) (HKG:1900) Is Looking To Continue Growing Its Returns On Capital
Feb 13
Have your own idea? Try our Stock Screener
Hong Kong (HSI) IT Industry Analysis
UpdatedFeb 14, 2026
DataAggregated Company Financials
Companies36
- 7D9.8%
- 3M3.8%
- 1Y-12.1%
- YTD14.8%
The IT industry is up 10% in the last week, with Shenzhen Xunce Technology up 35%. Meanwhile, LX Technology Group actually underperformed within the industry, shrinking 10% in the last week. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 57% annually.
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, 14 Feb 2026 | HK$103.6b | HK$65.6b | HK$1.7b | 21.9x | 60.1x | 1.6x |
| Mon, 12 Jan 2026 | HK$92.4b | HK$64.9b | HK$1.7b | 21.6x | 53.9x | 1.4x |
| Wed, 10 Dec 2025 | HK$76.0b | HK$63.6b | HK$1.8b | 21.2x | 42.6x | 1.2x |
| Fri, 07 Nov 2025 | HK$82.0b | HK$63.5b | HK$1.9b | 24.4x | 43.6x | 1.3x |
| Sun, 05 Oct 2025 | HK$89.0b | HK$63.5b | HK$1.9b | 26.6x | 47.3x | 1.4x |
| Tue, 02 Sep 2025 | HK$88.3b | HK$63.5b | HK$1.8b | 26.8x | 47.7x | 1.4x |
| Thu, 31 Jul 2025 | HK$83.6b | HK$61.0b | HK$247.3m | 24.6x | 338.3x | 1.4x |
| Sat, 28 Jun 2025 | HK$85.2b | HK$61.5b | HK$352.8m | 14.9x | 241.6x | 1.4x |
| Mon, 26 May 2025 | HK$85.4b | HK$61.3b | HK$344.7m | 13.1x | 247.8x | 1.4x |
| Wed, 23 Apr 2025 | HK$81.4b | HK$59.9b | HK$361.6m | 12.5x | 225.2x | 1.4x |
| Fri, 21 Mar 2025 | HK$82.0b | HK$60.1b | -HK$980,687,938.60 | 17.8x | -83.7x | 1.4x |
| Sun, 16 Feb 2025 | HK$77.7b | HK$60.0b | -HK$1,027,818,977.79 | 15.4x | -75.6x | 1.3x |
| Tue, 14 Jan 2025 | HK$57.5b | HK$59.4b | -HK$1,012,834,816.62 | 11.3x | -56.7x | 1x |
| Thu, 12 Dec 2024 | HK$57.1b | HK$59.8b | -HK$1,022,668,618.76 | 15.3x | -55.8x | 1x |
| Sat, 09 Nov 2024 | HK$57.3b | HK$60.8b | -HK$759,032,954.14 | 16.9x | -75.5x | 0.9x |
| Mon, 07 Oct 2024 | HK$56.4b | HK$61.5b | -HK$783,676,381.99 | 16.6x | -72x | 0.9x |
| Wed, 04 Sep 2024 | HK$47.5b | HK$60.6b | -HK$677,361,072.67 | 13.8x | -70.1x | 0.8x |
| Fri, 02 Aug 2024 | HK$48.9b | HK$59.8b | -HK$1,281,942,221.91 | 13x | -38.1x | 0.8x |
| Sun, 30 Jun 2024 | HK$46.9b | HK$59.1b | -HK$1,271,027,981.23 | 13.7x | -36.9x | 0.8x |
| Tue, 28 May 2024 | HK$48.8b | HK$58.6b | -HK$1,305,628,503.21 | 14.7x | -37.4x | 0.8x |
| Thu, 25 Apr 2024 | HK$43.6b | HK$58.4b | -HK$1,333,461,383.86 | 13.2x | -32.7x | 0.7x |
| Sat, 23 Mar 2024 | HK$44.2b | HK$58.6b | HK$1.1b | 9.6x | 38.5x | 0.8x |
| Mon, 19 Feb 2024 | HK$44.2b | HK$58.6b | HK$1.2b | 10.3x | 37x | 0.8x |
| Wed, 17 Jan 2024 | HK$49.5b | HK$59.6b | HK$1.1b | 10.2x | 45.5x | 0.8x |
| Fri, 15 Dec 2023 | HK$54.2b | HK$60.5b | HK$1.1b | 11.9x | 48.9x | 0.9x |
| Sun, 12 Nov 2023 | HK$54.7b | HK$59.3b | HK$1.1b | 11.4x | 48.4x | 0.9x |
| Tue, 10 Oct 2023 | HK$55.3b | HK$59.1b | HK$997.7m | 9.9x | 55.5x | 0.9x |
| Thu, 07 Sep 2023 | HK$57.8b | HK$57.2b | HK$900.9m | 11.6x | 64.1x | 1x |
| Sat, 05 Aug 2023 | HK$56.5b | HK$58.0b | HK$2.0b | 12.1x | 27.7x | 1x |
| Mon, 03 Jul 2023 | HK$51.1b | HK$57.7b | HK$2.0b | 12.1x | 25.2x | 0.9x |
| Wed, 31 May 2023 | HK$51.6b | HK$58.6b | HK$2.0b | 10x | 25.4x | 0.9x |
| Fri, 28 Apr 2023 | HK$51.4b | HK$57.5b | HK$1.9b | 10.2x | 26.7x | 0.9x |
| Sun, 26 Mar 2023 | HK$56.1b | HK$60.9b | HK$3.0b | 11.7x | 18.8x | 0.9x |
| Tue, 21 Feb 2023 | HK$123.2b | HK$74.6b | HK$4.9b | 11.2x | 25x | 1.7x |
Price to Earnings Ratio
25x
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 61.4x which is higher than its 3-year average PE of 41.5x.
- 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 4.2% 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 | 0.51% | |
| Tech | 6.29% | |
| IT | 9.80% | |
| Internet Services and Infrastructure | 11.31% | |
| IT Consulting | 9.17% | |
| Data Processing Services | 1.40% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 25.7x.
- Analysts are expecting annual earnings growth of 86.1%, 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 86% 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 | |
|---|---|---|---|---|---|
| 3317 Shenzhen Xunce Technology | HK$71.40 | 35.0% +HK$6.0b | n/a | PS37.2x | |
| 1686 SUNeVision Holdings | HK$6.71 | 12.0% +HK$2.9b | 6.5% | PE28x | |
| 3680 Ruihe Data Technology Holdings | HK$1.81 | 25.7% +HK$332.7m | 86.6% | PE340.2x | |
| 1782 International Business Digital Technology | HK$5.06 | 5.4% +HK$208.0m | 26.5% | PS34.3x | |
| 861 Digital China Holdings | HK$2.69 | 4.3% +HK$184.1m | -24.6% | PS0.2x |
