Returns On Capital At Chinasoft International (HKG:354) Paint A Concerning Picture
Nov 18
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Hong Kong (HSI) IT Consulting Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies31
- 7D1.1%
- 3M11.2%
- 1Y-24.7%
- YTDn/a
The IT Consulting industry is up 2.0% in the last week, with International Business Digital Technology up 23%. In the past year, the industry is down 24%. Looking forward, earnings are forecast to grow by 32% annually.
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, 24 Nov 2024 | HK$37.8b | HK$56.7b | -HK$1,633,979,466.62 | 12.1x | -23.1x | 0.7x |
| Tue, 22 Oct 2024 | HK$37.7b | HK$57.5b | -HK$1,651,610,439.58 | 14x | -22.8x | 0.7x |
| Thu, 19 Sep 2024 | HK$32.1b | HK$56.6b | -HK$1,645,645,239.35 | 14x | -19.5x | 0.6x |
| Sat, 17 Aug 2024 | HK$33.7b | HK$56.2b | -HK$2,277,861,896.71 | 12.5x | -14.8x | 0.6x |
| Mon, 15 Jul 2024 | HK$37.6b | HK$56.3b | -HK$2,188,929,973.86 | 14.3x | -17.2x | 0.7x |
| Wed, 12 Jun 2024 | HK$35.0b | HK$55.9b | -HK$2,191,117,917.95 | 13.7x | -16x | 0.6x |
| Fri, 10 May 2024 | HK$34.5b | HK$55.8b | -HK$2,224,024,120.06 | 15.8x | -15.5x | 0.6x |
| Sun, 07 Apr 2024 | HK$33.0b | HK$55.8b | -HK$2,217,462,557.84 | 15.7x | -14.9x | 0.6x |
| Tue, 05 Mar 2024 | HK$35.4b | HK$56.1b | HK$264.6m | 8.7x | 133.9x | 0.6x |
| Thu, 01 Feb 2024 | HK$31.5b | HK$56.7b | HK$289.0m | 9.3x | 109x | 0.6x |
| Sat, 30 Dec 2023 | HK$42.1b | HK$57.2b | HK$309.4m | 10.6x | 136.2x | 0.7x |
| Mon, 27 Nov 2023 | HK$45.7b | HK$56.6b | HK$300.5m | 12.1x | 152.1x | 0.8x |
| Wed, 25 Oct 2023 | HK$41.1b | HK$55.7b | HK$284.4m | 9.4x | 144.6x | 0.7x |
| Fri, 22 Sep 2023 | HK$45.4b | HK$55.4b | HK$193.4m | 10.2x | 234.7x | 0.8x |
| Sun, 20 Aug 2023 | HK$36.1b | HK$52.5b | HK$1.1b | 11.4x | 31.4x | 0.7x |
| Tue, 18 Jul 2023 | HK$35.5b | HK$54.7b | HK$1.3b | 7.9x | 27.7x | 0.6x |
| Thu, 15 Jun 2023 | HK$35.4b | HK$54.7b | HK$1.2b | 8x | 28.5x | 0.6x |
| Sat, 13 May 2023 | HK$32.9b | HK$54.2b | HK$1.2b | 7.6x | 26.6x | 0.6x |
| Mon, 10 Apr 2023 | HK$34.3b | HK$54.4b | HK$1.2b | 12.4x | 29x | 0.6x |
| Wed, 08 Mar 2023 | HK$36.6b | HK$57.2b | HK$2.2b | 10x | 16.3x | 0.6x |
| Fri, 03 Feb 2023 | HK$39.6b | HK$57.9b | HK$2.3b | 10.2x | 17.3x | 0.7x |
| Sun, 01 Jan 2023 | HK$38.2b | HK$57.0b | HK$2.2b | 9.9x | 17x | 0.7x |
| Tue, 29 Nov 2022 | HK$34.8b | HK$55.9b | HK$2.2b | 9.2x | 15.9x | 0.6x |
| Thu, 27 Oct 2022 | HK$33.0b | HK$56.1b | HK$2.2b | 9.1x | 15.1x | 0.6x |
| Sat, 24 Sep 2022 | HK$34.4b | HK$56.7b | HK$2.2b | 9.4x | 15.5x | 0.6x |
| Mon, 22 Aug 2022 | HK$40.4b | HK$55.7b | HK$2.2b | 8.4x | 18.6x | 0.7x |
| Wed, 20 Jul 2022 | HK$41.3b | HK$56.4b | HK$2.2b | 9x | 18.5x | 0.7x |
| Fri, 17 Jun 2022 | HK$40.8b | HK$55.9b | HK$2.3b | 8.6x | 18.1x | 0.7x |
| Sun, 15 May 2022 | HK$36.7b | HK$55.9b | HK$2.2b | 9.1x | 16.6x | 0.7x |
| Tue, 12 Apr 2022 | HK$37.9b | HK$57.7b | HK$2.3b | 10.4x | 16.5x | 0.7x |
| Thu, 10 Mar 2022 | HK$37.2b | HK$55.1b | HK$1.9b | 10.2x | 19.9x | 0.7x |
| Sat, 05 Feb 2022 | HK$45.2b | HK$54.7b | HK$1.8b | 11.7x | 24.6x | 0.8x |
| Mon, 03 Jan 2022 | HK$53.6b | HK$54.8b | HK$1.8b | 13.1x | 29.1x | 1x |
| Wed, 01 Dec 2021 | HK$58.5b | HK$54.2b | HK$1.9b | 10.7x | 30.9x | 1.1x |
Price to Earnings Ratio
30.9x
Current Industry PE
- Investors are relatively neutral on the Hong Kong IT Consulting and Other Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- Total earnings for the IT Consulting and Other Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | -0.64% | |
| Tech | -0.36% | |
| IT | 2.31% | |
| IT Consulting | 1.11% | |
| Internet Services and Infrastructure | 4.89% | |
| Data Processing Services | -7.18% | |
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 | |
|---|---|---|---|---|---|
| 1782 International Business Digital Technology | HK$4.00 | 23.1% +HK$571.5m | -49.0% | PS22.6x | |
| 2477 WellCell Holdings | HK$4.20 | 13.5% +HK$250.0m | n/a | PE118.8x | |
| 2479 Tianju Dihe (Suzhou) Data | HK$72.25 | 1.8% +HK$62.6m | n/a | PE93.6x | |
| 1075 Capinfo | HK$2.17 | 7.4% +HK$43.5m | -32.2% | PS0.4x | |
| 2495 Hubei Voicecomm Technology | HK$201.00 | 0.6% +HK$42.6m | n/a | PS7.4x |
