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Hong Kong (HSI) IT Consulting Industry Analysis

UpdatedSep 09, 2024
DataAggregated Company Financials
Companies31
  • 7D-2.7%
  • 3M-18.1%
  • 1Y-34.1%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 2.7%, driven by declines in International Business Digital Technology and Tianju Dihe (Suzhou) Data of 15% and 13%, respectively. Meanwhile, Newlink Technology actually outperformed within the industry, gaining 97% in the last week. However, the industry is down 34% over the past year. Looking forward, earnings are forecast to grow by 70% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Sep 2024HK$31.2bHK$57.2b-HK$1,690,262,182.0512x-18.4x0.5x
Wed, 07 Aug 2024HK$34.1bHK$56.9b-HK$2,214,335,275.1413x-15.4x0.6x
Fri, 05 Jul 2024HK$33.8bHK$55.8b-HK$2,155,347,184.1612.5x-15.7x0.6x
Sun, 02 Jun 2024HK$35.0bHK$56.0b-HK$2,198,156,888.5814.7x-15.9x0.6x
Tue, 30 Apr 2024HK$33.4bHK$55.8b-HK$2,221,401,933.5815.4x-15x0.6x
Thu, 28 Mar 2024HK$32.6bHK$56.2bHK$137.2m9.4x237.2x0.6x
Sat, 24 Feb 2024HK$34.9bHK$56.1bHK$288.1m8.8x121.1x0.6x
Mon, 22 Jan 2024HK$35.6bHK$56.3bHK$288.7m9.4x123.2x0.6x
Wed, 20 Dec 2023HK$41.5bHK$56.9bHK$309.8m10.8x133.9x0.7x
Fri, 17 Nov 2023HK$43.6bHK$56.0bHK$324.5m11.9x134.4x0.8x
Sun, 15 Oct 2023HK$42.9bHK$55.7bHK$241.7m11.1x177.5x0.8x
Tue, 12 Sep 2023HK$45.5bHK$55.4bHK$172.4m10.5x263.8x0.8x
Thu, 10 Aug 2023HK$36.2bHK$54.6bHK$1.3b11.6x27.1x0.7x
Sat, 08 Jul 2023HK$34.4bHK$54.5bHK$1.3b8.5x27x0.6x
Mon, 05 Jun 2023HK$33.6bHK$55.2bHK$1.3b7.6x26.7x0.6x
Wed, 03 May 2023HK$32.9bHK$54.2bHK$1.2b8x27.6x0.6x
Fri, 31 Mar 2023HK$34.4bHK$57.1bHK$1.6b12.1x21.9x0.6x
Sun, 26 Feb 2023HK$35.9bHK$57.0bHK$2.2b9.9x16x0.6x
Tue, 24 Jan 2023HK$39.4bHK$57.6bHK$2.3b9.9x17.3x0.7x
Thu, 22 Dec 2022HK$36.9bHK$56.7bHK$2.2b9.7x16.6x0.7x
Sat, 19 Nov 2022HK$36.3bHK$56.0bHK$2.2b9.3x16.5x0.6x
Mon, 17 Oct 2022HK$32.2bHK$56.4bHK$2.2b9.1x14.6x0.6x
Wed, 14 Sep 2022HK$36.4bHK$57.3bHK$2.3b9.9x16.1x0.6x
Fri, 12 Aug 2022HK$41.2bHK$56.6bHK$2.2b8.4x19.1x0.7x
Sun, 10 Jul 2022HK$43.0bHK$56.2bHK$2.2b9x19.3x0.8x
Tue, 07 Jun 2022HK$41.1bHK$56.1bHK$2.3b9x18.2x0.7x
Thu, 05 May 2022HK$38.5bHK$56.7bHK$2.2b8.8x17.2x0.7x
Sat, 02 Apr 2022HK$38.5bHK$58.1bHK$1.9b11x20.4x0.7x
Mon, 28 Feb 2022HK$42.3bHK$55.0bHK$1.8b10.7x22.9x0.8x
Wed, 26 Jan 2022HK$46.6bHK$54.8bHK$1.8b12.1x25.3x0.9x
Fri, 24 Dec 2021HK$53.3bHK$54.7bHK$1.8b11.8x29x1x
Sun, 21 Nov 2021HK$59.8bHK$54.1bHK$1.9b10.9x31.4x1.1x
Tue, 19 Oct 2021HK$58.0bHK$53.7bHK$1.9b10.3x30.9x1.1x
Thu, 16 Sep 2021HK$57.6bHK$53.6bHK$1.8b10.3x32.2x1.1x
Price to Earnings Ratio

32.2x


Total Market Cap: HK$57.6bTotal Earnings: HK$1.8bTotal Revenue: HK$53.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong IT Consulting Industry Price to Earnings3Y Average 46.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong IT Consulting and Other Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.71x.
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 grown 2.2% 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-3.49%
Tech-3.72%
IT-2.75%
IT Consulting-2.65%
Internet Services and Infrastructure-2.96%
Data Processing Services-29.82%
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?

CompanyLast Price7D1YValuation
2495 Shanghai Voicecomm Information TechnologyHK$232.808.3%
+HK$632.3m
n/aPS8.4x
6657 BaiwangHK$37.853.7%
+HK$305.0m
n/aPS11.8x
9600 Newlink TechnologyHK$0.52108.0%
+HK$254.8m
-60.9%PS1.8x
2416 EdianyunHK$1.2611.5%
+HK$75.3m
-80.2%PS0.5x
1985 Microware GroupHK$1.3311.8%
+HK$38.2m
31.7%PE10x
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Latest News

2495

HK$232.80

Shanghai Voicecomm Information Technology

7D

8.3%

1Y

n/a

8229

HK$0.38

Future Data Group

7D

-8.4%

1Y

-55.8%

9600

HK$0.52

Newlink Technology

7D

108.0%

1Y

-60.9%

1075

HK$1.70

Capinfo

7D

-10.1%

1Y

-50.0%

6657

HK$37.85

Baiwang

7D

3.7%

1Y

n/a

2477

HK$2.45

WellCell Holdings

7D

-6.5%

1Y

n/a

2501

HK$0.77

Maiyue Technology

7D

2.7%

1Y

n/a

8081

HK$0.049

Hang Tai Yue Group Holdings

7D

8.9%

1Y

-46.7%

3680

HK$0.94

Ruihe Data Technology Holdings

7D

-3.1%

1Y

19.0%

1204

HK$3.08

BoardWare Intelligence Technology

7D

-1.9%

1Y

-11.7%

2479

HK$52.40

Tianju Dihe (Suzhou) Data

7D

-11.2%

1Y

n/a

1985

HK$1.33

Microware Group

7D

11.8%

1Y

31.7%