Hong Kong (HSI) IT Consulting Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 02 Aug 2026	HK$68.7b	HK$66.9b	HK$569.3m	24.4x	120.6x	1x
Tue, 30 Jun 2026	HK$75.6b	HK$66.6b	HK$517.9m	21.3x	145.9x	1.1x
Thu, 28 May 2026	HK$118.2b	HK$66.6b	HK$525.4m	16.3x	224.9x	1.8x
Sat, 25 Apr 2026	HK$149.3b	HK$66.2b	HK$522.8m	17x	285.5x	2.3x
Mon, 23 Mar 2026	HK$99.7b	HK$61.7b	HK$794.0m	16.7x	125.5x	1.6x
Wed, 18 Feb 2026	HK$74.3b	HK$61.4b	HK$796.5m	17.7x	93.3x	1.2x
Fri, 16 Jan 2026	HK$74.0b	HK$60.9b	HK$786.3m	19.1x	94.1x	1.2x
Sun, 14 Dec 2025	HK$51.7b	HK$59.5b	HK$854.6m	19x	60.5x	0.9x
Tue, 11 Nov 2025	HK$53.3b	HK$59.4b	HK$951.9m	20.9x	56x	0.9x
Thu, 09 Oct 2025	HK$54.9b	HK$59.4b	HK$953.2m	24.4x	57.6x	0.9x
Sat, 06 Sep 2025	HK$48.7b	HK$59.5b	HK$948.0m	23.5x	51.4x	0.8x
Mon, 04 Aug 2025	HK$46.8b	HK$56.9b	-HK$666,098,069.06	15.5x	-70.3x	0.8x
Wed, 02 Jul 2025	HK$49.8b	HK$57.2b	-HK$616,862,387.43	13x	-80.7x	0.9x
Fri, 30 May 2025	HK$53.9b	HK$57.5b	-HK$584,222,057.23	12.1x	-92.2x	0.9x
Sun, 27 Apr 2025	HK$54.9b	HK$56.3b	-HK$566,858,956.29	12.1x	-96.9x	1x
Tue, 25 Mar 2025	HK$48.3b	HK$56.3b	-HK$1,911,316,461.85	13.5x	-25.3x	0.9x
Thu, 20 Feb 2025	HK$50.6b	HK$56.1b	-HK$1,900,986,865.42	12.2x	-26.6x	0.9x
Sat, 18 Jan 2025	HK$40.3b	HK$55.9b	-HK$1,891,947,099.05	11.3x	-21.3x	0.7x
Mon, 16 Dec 2024	HK$38.5b	HK$56.2b	-HK$1,901,881,729.86	11.8x	-20.2x	0.7x
Wed, 13 Nov 2024	HK$39.7b	HK$56.7b	-HK$1,624,832,778.47	12.8x	-24.4x	0.7x
Fri, 11 Oct 2024	HK$38.3b	HK$57.8b	-HK$1,660,743,233.43	14.2x	-23.1x	0.7x
Sun, 08 Sep 2024	HK$31.2b	HK$57.2b	-HK$1,588,039,617.66	12x	-19.6x	0.5x
Tue, 06 Aug 2024	HK$34.0b	HK$56.9b	-HK$2,214,290,424.69	13x	-15.4x	0.6x
Thu, 04 Jul 2024	HK$34.0b	HK$55.8b	-HK$2,155,183,422.63	12.5x	-15.8x	0.6x
Sat, 01 Jun 2024	HK$35.1b	HK$56.0b	-HK$2,197,950,441.40	14.7x	-16x	0.6x
Mon, 29 Apr 2024	HK$33.6b	HK$55.7b	-HK$2,220,150,217.22	15.4x	-15.2x	0.6x
Wed, 27 Mar 2024	HK$32.9b	HK$56.2b	HK$93.7m	8.9x	350.5x	0.6x
Fri, 23 Feb 2024	HK$34.7b	HK$56.1b	HK$288.1m	9.1x	120.3x	0.6x
Sun, 21 Jan 2024	HK$35.6b	HK$56.6b	HK$293.8m	9.4x	121.2x	0.6x
Tue, 19 Dec 2023	HK$42.1b	HK$56.9b	HK$309.8m	11.7x	135.8x	0.7x
Thu, 16 Nov 2023	HK$43.6b	HK$56.1b	HK$319.9m	11.9x	136.3x	0.8x
Sat, 14 Oct 2023	HK$42.9b	HK$55.7b	HK$241.8m	11.1x	177.4x	0.8x
Mon, 11 Sep 2023	HK$41.9b	HK$53.4b	HK$105.1m	9.9x	398.4x	0.8x
Wed, 09 Aug 2023	HK$36.7b	HK$54.4b	HK$1.3b	11.8x	28.8x	0.7x

Current Industry PE

Investors are optimistic on the Hong Kong IT Consulting and Other Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 121x which is higher than its 3-year average PE of 49.0x.

The 3-year average PS ratio of 0.90x is lower than the industry's current PS ratio of 1.0x.

Past Earnings Growth

The earnings for companies in the IT Consulting and Other Services industry have declined 24% per year over the last three years.
Meanwhile revenues for these companies have grown 7.0% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Hong Kong IT Consulting compare with similar industries?


HK Market	2.63%
Tech	-5.20%
IT	-5.38%
IT Consulting	-7.62%
Internet Services and Infrastructure	2.14%
Data Processing Services	0.85%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
6880 Momenta Global	HK$263.00	4.0% +HK$2.4b	n/a	PS22.1x
354 Chinasoft International	HK$3.93	20.6% +HK$1.7b	-28.9%	PE26.4x
3680 Ruihe Data Technology Holdings	HK$2.33	18.9% +HK$332.7m	13.1%	PS5.6x
1037 Maxnerva Technology Services	HK$0.61	48.8% +HK$141.2m	154.2%	PS0.5x
8611 Jufeel International Holdings	HK$0.92	48.4% +HK$140.4m	33.3%	PS11.1x

Company

Last Price

Valuation

6880 Momenta Global

HK$263.00

4.0%
+HK$2.4b

n/a

PS22.1x

354 Chinasoft International

HK$3.93

20.6%
+HK$1.7b

-28.9%

PE26.4x

3680 Ruihe Data Technology Holdings

HK$2.33

18.9%
+HK$332.7m

13.1%

PS5.6x

1037 Maxnerva Technology Services

HK$0.61

48.8%
+HK$141.2m

154.2%

PS0.5x

8611 Jufeel International Holdings

HK$0.92

48.4%
+HK$140.4m

33.3%

PS11.1x

Shenzhen Xunce Technology Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2026

Shenzhen Xunce Technology Co., Ltd. provided consolidated earnings guidance for the six months ended June 30, 2026. for the six months, it is expected that the Group recorded revenue of approximately RMB 967.02 million, representing a significant year-on-year increase of approximately 388.76% compared to revenue of RMB 197.85 million for the six months ended June 30, 2025. The growth in revenue is mainly attributable to the following: (i) the concentrated release of demand for the implementation of enterprise-level AI, as well as the growing demand of enterprises for the high-quality, structured and scenario- specific data. The revenue growth of the Group's core business was also driven by the accelerated deployment of enterprise-level AI real-time data infrastructure and analytics; (ii) the rapid penetration across diverse industries for continuously validating the capability in cross-industry replication. The Group successfully expanded several new businesses, accelerating the development for the full-chain integrated products and business of "Computing Power Data Token Model Application"; (iii) the implementation of Token business model and rising of Token volume, which become a new engine for revenue growth of the Group; and (iv) the accelerating advancement for the expansion of international business and development of ecosystem. The Group actively expanded its overseas business, achieving revenue growth from the overseas market and recorded a profit attributable to owners of the parent of approximately RMB 72.51 million as compared to the loss attributable to owners of the parent of RMB 89.43 million for the six months ended June 30, 2025, achieving a turnaround from loss to profit. The turnaround in profitability is mainly attributable to the following: (i) the proportion of profit for business in high profitability expanded steadily; (ii) the realization of economies of scale in platform-based, modular product architecture, resulting in an enhancement of operational efficiency. The proportion of the Group's research and development expenses, selling expenses and administrative and management expenses were optimized compared to the same period last year; and (iii) the improvement in working capital management efficiency, coupled with investment income contributing to incremental income, resulting in boosting the profit for the period.

Hong Kong (HSI) IT Consulting Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Digital China Holdings Limited Provides Group Earnings Guidance for the Six Months Ended June 30, 2026

Shenzhen Xunce Technology Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2026

Chinasoft International Limited to Report First Half, 2026 Results on Aug 20, 2026

Now 25% undervalued after recent price drop

New minor risk - Shareholder dilution

Jufeel International Holdings Limited to Report First Half, 2026 Results on Jul 31, 2026

Baiwang (HKG:6657) Is In A Good Position To Deliver On Growth Plans

Momenta Global Limited has completed an IPO in the amount of HKD 5.893761 billion.

Now 21% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 18%

We Think Maxnerva Technology Services (HKG:1037) Needs To Drive Business Growth Carefully

Maiyue Technology Limited, Annual General Meeting, Jun 04, 2026

Ruihe Data Technology Holdings Limited, Annual General Meeting, May 29, 2026

Vision Values Holdings Limited announced that it expects to receive HKD 200 million in funding from Glory Light Limited, Next Victory Group Limited, Moral Glory International Limited, Dragon Noble Group Limited, Chow Tai Fook Nominee Limited

Less than half of directors are independent

Full year 2025 earnings released: CN¥0.076 loss per share (vs CN¥0.099 loss in FY 2024)