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Hong Kong (HSI) IT Consulting Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies30
  • 7D1.7%
  • 3M-12.1%
  • 1Y-9.5%
  • YTDn/a

In the last week, the IT Consulting industry is up 1.7%, with Digital China Holdings up 5.9%. In the same time, Edianyun was down 14%. In contrast, the industry has lost 9.5% in the last 12 months. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$34.4bHK$56.1bHK$266.6m9.5x129x0.6x
Wed, 14 Feb 2024HK$31.9bHK$56.1bHK$288.0m9.2x110.8x0.6x
Fri, 12 Jan 2024HK$35.8bHK$56.3bHK$288.3m9.4x124.2x0.6x
Sun, 10 Dec 2023HK$41.8bHK$56.7bHK$309.9m11.2x134.7x0.7x
Tue, 07 Nov 2023HK$42.7bHK$55.9bHK$282.8m9.4x150.9x0.8x
Thu, 05 Oct 2023HK$42.0bHK$55.5bHK$190.0m9.9x221.1x0.8x
Sat, 02 Sep 2023HK$40.4bHK$53.9bHK$99.2m10.6x407.4x0.7x
Mon, 31 Jul 2023HK$39.4bHK$54.7bHK$1.3b10.7x30.8x0.7x
Wed, 28 Jun 2023HK$34.1bHK$54.3bHK$1.2b8.2x27.6x0.6x
Fri, 26 May 2023HK$32.8bHK$55.4bHK$1.3b7.5x25.8x0.6x
Sun, 23 Apr 2023HK$33.5bHK$54.3bHK$1.2b9.7x28x0.6x
Tue, 21 Mar 2023HK$34.6bHK$57.4bHK$2.3b9.9x15.4x0.6x
Thu, 16 Feb 2023HK$36.8bHK$57.5bHK$2.3b10.1x16.3x0.6x
Sat, 14 Jan 2023HK$38.9bHK$57.8bHK$2.3b10x17.1x0.7x
Mon, 12 Dec 2022HK$37.9bHK$56.7bHK$2.2b9.8x17x0.7x
Wed, 09 Nov 2022HK$34.9bHK$56.4bHK$2.2b9.3x15.8x0.6x
Fri, 07 Oct 2022HK$33.1bHK$56.7bHK$2.2b9.4x14.9x0.6x
Sun, 04 Sep 2022HK$36.5bHK$57.4bHK$2.3b10x16.1x0.6x
Tue, 02 Aug 2022HK$38.8bHK$56.5bHK$2.2b8.4x17.3x0.7x
Thu, 30 Jun 2022HK$43.7bHK$56.1bHK$2.2b9.9x19.6x0.8x
Sat, 28 May 2022HK$38.8bHK$55.8bHK$2.2b8.6x17.3x0.7x
Mon, 25 Apr 2022HK$38.9bHK$57.1bHK$2.3b9.4x17.2x0.7x
Wed, 23 Mar 2022HK$39.0bHK$55.0bHK$1.8b10.1x21.8x0.7x
Fri, 18 Feb 2022HK$45.1bHK$54.9bHK$1.8b11.3x24.5x0.8x
Sun, 16 Jan 2022HK$47.8bHK$54.7bHK$1.8b12.6x26x0.9x
Tue, 14 Dec 2021HK$56.6bHK$54.7bHK$1.8b10.8x30.8x1x
Thu, 11 Nov 2021HK$58.8bHK$53.9bHK$1.9b9.9x31.4x1.1x
Sat, 09 Oct 2021HK$55.8bHK$53.7bHK$1.9b10.3x29.7x1x
Mon, 06 Sep 2021HK$59.4bHK$53.6bHK$1.8b10.5x33.2x1.1x
Wed, 04 Aug 2021HK$64.2bHK$54.0bHK$1.7b11.1x37.1x1.2x
Sat, 08 May 2021HK$50.3bHK$51.6bHK$1.7b13.5x30x1x
Price to Earnings Ratio

28.7x


Total Market Cap: HK$48.2bTotal Earnings: HK$1.7bTotal Revenue: HK$51.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong IT Consulting Industry Price to Earnings3Y Average 50.2x202220232024
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 129x which is higher than its 3-year average PE of 50.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have declined 46% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% 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 Market1.55%
Tech3.81%
IT1.98%
IT Consulting1.74%
Internet Services and Infrastructure2.75%
Data Processing Services-13.01%
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
861 Digital China HoldingsHK$2.875.9%
+HK$267.8m
-24.3%PE27.5x
354 Chinasoft InternationalHK$5.530.9%
+HK$131.2m
3.6%PE24.8x
1037 Maxnerva Technology ServicesHK$0.4269.4%
+HK$120.7m
55.6%PE10x
2501 Maiyue TechnologyHK$1.1616.0%
+HK$80.0m
n/aPE10.9x
1204 BoardWare Intelligence TechnologyHK$3.412.1%
+HK$35.0m
143.6%PS2.3x
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Latest News

2501

HK$1.16

Maiyue Technology

7D

16.0%

1Y

n/a

1949

HK$0.28

Platt Nera International

7D

-12.5%

1Y

21.7%

771

HK$0.71

Automated Systems Holdings

7D

2.9%

1Y

-5.3%

1782

HK$3.98

International Business Digital Technology

7D

-4.8%

1Y

117.5%

1075

HK$0.26

Capinfo

7D

-11.9%

1Y

-24.6%

9600

HK$0.42

Newlink Technology

7D

-14.1%

1Y

-77.0%

3680

HK$1.70

Ruihe Data Technology Holdings

7D

-5.0%

1Y

102.4%

8229

HK$0.58

Future Data Group

7D

5.5%

1Y

0%

2436

HK$5.90

LX Technology Group

7D

-3.0%

1Y

-51.6%

1037

HK$0.42

Maxnerva Technology Services

7D

69.4%

1Y

55.6%

1204

HK$3.41

BoardWare Intelligence Technology

7D

2.1%

1Y

143.6%

354

HK$5.53

Chinasoft International

7D

0.9%

1Y

3.6%

2416

HK$2.62

Edianyun

7D

-13.8%

1Y

n/a