It Looks Like Chinasoft International Limited's (HKG:354) CEO May Expect Their Salary To Be Put Under The Microscope
May 13
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Hong Kong (HSI) IT Industry Analysis
UpdatedMay 13, 2025
DataAggregated Company Financials
Companies36
- 7D6.0%
- 3M5.2%
- 1Y34.6%
- YTD24.8%
In the last week, the IT industry is up 6.0%, with Voicecomm Technology up 40%. This takes the industry's 12 month performance to a gain of 35%. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Hong Kong IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 14 May 2025 | HK$89.3b | HK$60.8b | HK$352.7m | 13.2x | 253.2x | 1.5x |
| Fri, 11 Apr 2025 | HK$82.5b | HK$59.8b | HK$359.8m | 13.1x | 229.4x | 1.4x |
| Sun, 09 Mar 2025 | HK$86.2b | HK$60.2b | -HK$978,469,661.83 | 18.1x | -88.1x | 1.4x |
| Tue, 04 Feb 2025 | HK$58.3b | HK$60.1b | -HK$1,031,677,306.35 | 14.3x | -56.5x | 1x |
| Thu, 02 Jan 2025 | HK$57.8b | HK$59.6b | -HK$1,014,488,625.24 | 14.8x | -57x | 1x |
| Sat, 30 Nov 2024 | HK$57.4b | HK$60.5b | -HK$747,368,490.08 | 18.8x | -76.8x | 0.9x |
| Mon, 28 Oct 2024 | HK$54.9b | HK$61.1b | -HK$768,932,337.03 | 17.6x | -71.4x | 0.9x |
| Wed, 25 Sep 2024 | HK$49.3b | HK$61.2b | -HK$810,235,125.51 | 14.5x | -60.8x | 0.8x |
| Fri, 23 Aug 2024 | HK$49.1b | HK$59.7b | -HK$1,461,592,805.19 | 14.2x | -33.6x | 0.8x |
| Sun, 21 Jul 2024 | HK$49.0b | HK$59.6b | -HK$1,272,898,360.61 | 13.3x | -38.5x | 0.8x |
| Tue, 18 Jun 2024 | HK$49.3b | HK$59.3b | -HK$1,287,944,631.96 | 14.4x | -38.3x | 0.8x |
| Thu, 16 May 2024 | HK$48.3b | HK$58.4b | -HK$1,334,923,687.86 | 14.5x | -36.2x | 0.8x |
| Sat, 13 Apr 2024 | HK$43.8b | HK$58.5b | -HK$1,330,266,537.29 | 13.2x | -33x | 0.7x |
| Mon, 11 Mar 2024 | HK$44.6b | HK$58.9b | HK$1.2b | 9.5x | 38.5x | 0.8x |
| Wed, 07 Feb 2024 | HK$43.0b | HK$59.2b | HK$1.2b | 10.5x | 36x | 0.7x |
| Fri, 05 Jan 2024 | HK$50.9b | HK$59.8b | HK$1.1b | 10.6x | 46.8x | 0.9x |
| Sun, 03 Dec 2023 | HK$57.1b | HK$60.5b | HK$1.1b | 12.8x | 51.5x | 0.9x |
| Tue, 31 Oct 2023 | HK$54.7b | HK$59.1b | HK$1.1b | 11.2x | 50.1x | 0.9x |
| Thu, 28 Sep 2023 | HK$54.8b | HK$58.9b | HK$997.7m | 11.6x | 55x | 0.9x |
| Sat, 26 Aug 2023 | HK$53.2b | HK$56.2b | HK$2.0b | 11.2x | 26.8x | 0.9x |
| Mon, 24 Jul 2023 | HK$50.7b | HK$58.0b | HK$2.0b | 12.3x | 24.9x | 0.9x |
| Wed, 21 Jun 2023 | HK$53.7b | HK$57.9b | HK$2.0b | 10.1x | 26.9x | 0.9x |
| Fri, 19 May 2023 | HK$51.5b | HK$58.9b | HK$2.0b | 7.7x | 25.6x | 0.9x |
| Sun, 16 Apr 2023 | HK$53.4b | HK$57.8b | HK$1.9b | 10.1x | 27.6x | 0.9x |
| Tue, 14 Mar 2023 | HK$117.7b | HK$74.9b | HK$4.9b | 11.3x | 23.8x | 1.6x |
| Thu, 09 Feb 2023 | HK$125.7b | HK$75.1b | HK$5.0b | 11.9x | 25.3x | 1.7x |
| Sat, 07 Jan 2023 | HK$129.7b | HK$74.6b | HK$4.9b | 11.2x | 26.3x | 1.7x |
| Mon, 05 Dec 2022 | HK$113.5b | HK$73.3b | HK$4.8b | 10.9x | 23.6x | 1.5x |
| Wed, 02 Nov 2022 | HK$101.9b | HK$72.4b | HK$4.7b | 11.4x | 21.7x | 1.4x |
| Fri, 30 Sep 2022 | HK$98.7b | HK$72.9b | HK$4.7b | 11.3x | 20.8x | 1.4x |
| Sun, 28 Aug 2022 | HK$114.1b | HK$72.1b | HK$5.1b | 11.7x | 22.5x | 1.6x |
| Tue, 26 Jul 2022 | HK$121.1b | HK$74.2b | HK$7.5b | 11.8x | 16.1x | 1.6x |
| Thu, 23 Jun 2022 | HK$118.3b | HK$73.8b | HK$7.5b | 11.4x | 15.7x | 1.6x |
| Sat, 21 May 2022 | HK$114.4b | HK$73.7b | HK$7.5b | 12.2x | 15.2x | 1.6x |
Price to Earnings Ratio
15.2x
Current Industry PE
- Investors are optimistic on the Hong Kong IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 253x which is higher than its 3-year average PE of 11.9x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 64% per year over the last three years,
- Revenues have also declined 6.1% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Tech industry?
| HK Market | 3.43% | |
| Tech | -1.50% | |
| IT | 6.03% | |
| IT Consulting | 8.64% | |
| Internet Services and Infrastructure | 0.86% | |
| Data Processing Services | -2.79% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 23.2x.
- Analysts are expecting annual earnings growth of 18.3%, which is higher than its past year's earnings decline of 3.9% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 5.3% per year.
- In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2495 Voicecomm Technology | HK$442.00 | 86.7% +HK$7.3b | n/a | PS15.4x | |
| 354 Chinasoft International | HK$5.44 | 1.3% +HK$174.3m | 14.3% | PE24.4x | |
| 3680 Ruihe Data Technology Holdings | HK$0.88 | 41.9% +HK$171.8m | -43.9% | PS1.4x | |
| 8611 Mindtell Technology | HK$0.99 | 23.8% +HK$88.9m | 1,256.2% | PS18x | |
| 2512 Cloud Factory Technology Holdings | HK$2.05 | 4.1% +HK$36.8m | n/a | PE72.1x |
