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
Tue, 18 Aug 2026	HK$82.6b	HK$67.0b	HK$574.8m	22.6x	143.7x	1.2x
Thu, 16 Jul 2026	HK$65.3b	HK$66.7b	HK$551.5m	21.7x	118.4x	1x
Sat, 13 Jun 2026	HK$85.1b	HK$66.8b	HK$527.0m	18.4x	161.5x	1.3x
Mon, 11 May 2026	HK$164.0b	HK$70.8b	HK$779.2m	18.4x	210.5x	2.3x
Wed, 08 Apr 2026	HK$116.7b	HK$65.8b	HK$519.3m	16.8x	224.6x	1.8x
Fri, 06 Mar 2026	HK$71.5b	HK$61.6b	HK$799.8m	15.8x	89.4x	1.2x
Sun, 01 Feb 2026	HK$70.7b	HK$61.1b	HK$789.8m	17.4x	89.5x	1.2x
Tue, 30 Dec 2025	HK$66.2b	HK$60.4b	HK$779.8m	16.9x	84.9x	1.1x
Thu, 27 Nov 2025	HK$53.6b	HK$59.7b	HK$959.7m	16.8x	55.8x	0.9x
Sat, 25 Oct 2025	HK$54.4b	HK$59.3b	HK$952.1m	22.3x	57.1x	0.9x
Mon, 22 Sep 2025	HK$53.9b	HK$59.5b	HK$950.6m	23.1x	56.7x	0.9x
Wed, 20 Aug 2025	HK$51.8b	HK$56.9b	-HK$663,809,688.38	18.8x	-78.1x	0.9x
Fri, 18 Jul 2025	HK$47.8b	HK$57.1b	-HK$666,802,189.70	16.2x	-71.7x	0.8x
Sun, 15 Jun 2025	HK$53.2b	HK$57.6b	-HK$586,298,753.92	13.5x	-90.7x	0.9x
Tue, 13 May 2025	HK$60.9b	HK$57.1b	-HK$576,468,936.10	12.6x	-105.6x	1.1x
Thu, 10 Apr 2025	HK$55.4b	HK$55.9b	-HK$566,408,165.56	12.5x	-97.8x	1x
Sat, 08 Mar 2025	HK$50.0b	HK$56.4b	-HK$1,910,896,893.50	13.1x	-26.1x	0.9x
Mon, 03 Feb 2025	HK$40.8b	HK$56.4b	-HK$1,910,994,411.76	11x	-21.3x	0.7x
Wed, 01 Jan 2025	HK$38.6b	HK$55.9b	-HK$1,893,449,916.87	11.2x	-20.4x	0.7x
Fri, 29 Nov 2024	HK$37.4b	HK$56.8b	-HK$1,633,148,264.68	12x	-22.9x	0.7x
Sun, 27 Oct 2024	HK$37.3b	HK$57.4b	-HK$1,649,510,127.06	13.9x	-22.6x	0.6x
Tue, 24 Sep 2024	HK$32.5b	HK$57.4b	-HK$1,687,585,896.54	12.6x	-19.3x	0.6x
Thu, 22 Aug 2024	HK$33.6b	HK$56.4b	-HK$2,288,075,620.98	12.8x	-14.7x	0.6x
Sat, 20 Jul 2024	HK$36.2b	HK$56.2b	-HK$2,183,381,434.16	13.3x	-16.6x	0.6x
Mon, 17 Jun 2024	HK$36.4b	HK$55.9b	-HK$2,191,696,214.67	15.2x	-16.6x	0.7x
Wed, 15 May 2024	HK$35.9b	HK$55.7b	-HK$2,219,805,299.94	16x	-16.2x	0.6x
Fri, 12 Apr 2024	HK$33.8b	HK$55.8b	-HK$2,218,043,935.42	15.4x	-15.2x	0.6x
Sun, 10 Mar 2024	HK$33.8b	HK$56.2b	HK$266.4m	9.5x	126.9x	0.6x
Tue, 06 Feb 2024	HK$30.9b	HK$56.6b	HK$288.2m	9.1x	107.1x	0.5x
Thu, 04 Jan 2024	HK$38.4b	HK$56.3b	HK$288.1m	9.6x	133.2x	0.7x
Sat, 02 Dec 2023	HK$44.7b	HK$56.9b	HK$309.8m	12.2x	144.2x	0.8x
Mon, 30 Oct 2023	HK$41.1b	HK$55.6b	HK$284.3m	9.4x	144.6x	0.7x
Wed, 27 Sep 2023	HK$42.7b	HK$55.4b	HK$189.9m	10.1x	225x	0.8x
Fri, 25 Aug 2023	HK$37.5b	HK$52.8b	HK$1.2b	10.8x	30.5x	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 139x which is higher than its 3-year average PE of 50.7x.

The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.2x.

Past Earnings Growth

The earnings for companies in the IT Consulting and Other Services industry have declined 22% per year over the last three years.
Meanwhile revenues for these companies have grown 8.3% 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	-0.86%
Tech	5.00%
IT	2.70%
IT Consulting	1.20%
Internet Services and Infrastructure	6.21%
Data Processing Services	-3.57%

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
3680 Ruihe Data Technology Holdings	HK$2.48	11.0% +HK$220.3m	-3.7%	PS6x
2477 WellCell Holdings	HK$0.26	12.6% +HK$139.1m	-86.4%	PE69.9x
354 Chinasoft International	HK$3.50	1.2% +HK$100.3m	-46.2%	PE23.5x
2501 Maiyue Technology	HK$1.49	14.6% +HK$95.0m	65.6%	PE112.4x
1037 Maxnerva Technology Services	HK$0.66	9.2% +HK$38.8m	164.1%	PS0.6x

Company

Last Price

Valuation

3680 Ruihe Data Technology Holdings

HK$2.48

11.0%
+HK$220.3m

-3.7%

PS6x

2477 WellCell Holdings

HK$0.26

12.6%
+HK$139.1m

-86.4%

PE69.9x

354 Chinasoft International

HK$3.50

1.2%
+HK$100.3m

-46.2%

PE23.5x

2501 Maiyue Technology

HK$1.49

14.6%
+HK$95.0m

65.6%

PE112.4x

1037 Maxnerva Technology Services

HK$0.66

9.2%
+HK$38.8m

164.1%

PS0.6x

Baiwang Co., Ltd. Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended June 30, 2026

Baiwang Co., Ltd. provided preliminary unaudited consolidated group earnings guidance for the six months ended June 30, 2026. For the period, the group expects to record total revenue to be approximately RMB 290.0 million to RMB 310.0 million, as compared to the total revenue of RMB 347.6 million for the corresponding period in 2025 and net loss to be approximately RMB 25.0 million to RMB 45.0 million, as compared to the net profit of RMB 3.6 million for the corresponding period in 2025. Based on the information currently available, the Board is of the view that the aforementioned changes are primarily attributable to: The Group proactively contracted its low-margin digital precision marketing services and further reallocated resources to core businesses including finance and tax digitalization, artificial intelligence and globalization. This adjustment impacted the Group's revenue during the Reporting Period. The Group implemented this adjustment with a view to optimizing its revenue mix and resource allocation, and further concentrating resources on core businesses; With the continuous advancement of artificial intelligence technologies and vertical applications, the Group continues to invest in its vertical finance and tax large model "BaiBao" and "Tax Token Factory". "BaiBao" focuses on finance and tax scenarios, while the "Tax Token Factory" converts computing power, model inference and application services into a schedulable, measurable and deliverable Token production and service system. Corresponding costs and expenses were incurred during the Reporting Period, while revenue contributions from such businesses have yet to be fully seen, exerting a phased impact on the Group's profitability for the Reporting Period; The Group continues to make upfront investments in the TaxSwift overseas finance and tax compliance and e-invoicing platform to capture long-term opportunities arising from enterprises' globalization and demand for overseas compliance digitalization.

Hong Kong (HSI) IT Consulting Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

LX Technology Group Limited to Report First Half, 2026 Results on Aug 27, 2026

Forecast to breakeven in 2028

Maxnerva Technology Services Limited to Report First Half, 2026 Results on Aug 31, 2026

International Business Digital Technology Limited to Report First Half, 2026 Results on Aug 28, 2026

Baiwang Co., Ltd. Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended June 30, 2026

Edianyun Limited to Report First Half, 2026 Results on Aug 26, 2026

Shenzhen Xunce Technology Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026

Platt Nera International Limited to Report First Half, 2026 Results on Aug 28, 2026

Maiyue Technology Limited to Report First Half, 2026 Results on Aug 28, 2026

Investor sentiment improves as stock rises 16%

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

New minor risk - Shareholder dilution

Here's Why We Think BoardWare Intelligence Technology (HKG:1204) Is Well Worth Watching

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 18%

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