Expert Systems Holdings Limited's (HKG:8319) Share Price Is Matching Sentiment Around Its Earnings
May 07
Have your own idea? Try our Stock Screener
Hong Kong (HSI) IT Industry Analysis
UpdatedMay 09, 2025
DataAggregated Company Financials
Companies36
- 7D1.6%
- 3M4.0%
- 1Y34.6%
- YTD18.2%
Over the last 7 days, the IT industry has risen 1.6%, driven by gains from Chinasoft International of 9.3%. 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 |
|---|---|---|---|---|---|---|
| Fri, 09 May 2025 | HK$84.4b | HK$60.5b | HK$355.3m | 12.9x | 237.6x | 1.4x |
| Sun, 06 Apr 2025 | HK$90.2b | HK$60.2b | HK$355.3m | 13.6x | 253.7x | 1.5x |
| Tue, 04 Mar 2025 | HK$82.8b | HK$59.8b | -HK$966,557,539.89 | 16.7x | -85.7x | 1.4x |
| Thu, 30 Jan 2025 | HK$57.6b | HK$60.1b | -HK$1,031,325,566.39 | 14x | -55.8x | 1x |
| Sat, 28 Dec 2024 | HK$57.0b | HK$59.5b | -HK$1,013,056,092.23 | 15.2x | -56.3x | 1x |
| Mon, 25 Nov 2024 | HK$56.2b | HK$60.3b | -HK$753,627,799.85 | 18.4x | -74.5x | 0.9x |
| Wed, 23 Oct 2024 | HK$57.0b | HK$62.6b | -HK$1,177,626,292.53 | 17.1x | -48.4x | 0.9x |
| Fri, 20 Sep 2024 | HK$48.7b | HK$61.0b | -HK$783,547,942.11 | 14.2x | -62.1x | 0.8x |
| Sun, 18 Aug 2024 | HK$47.9b | HK$59.6b | -HK$1,374,206,351.98 | 13.3x | -34.8x | 0.8x |
| Tue, 16 Jul 2024 | HK$50.7b | HK$59.6b | -HK$1,281,484,644.46 | 14.3x | -39.6x | 0.9x |
| Thu, 13 Jun 2024 | HK$46.1b | HK$58.5b | -HK$1,303,028,634.80 | 13.3x | -35.4x | 0.8x |
| Sat, 11 May 2024 | HK$46.9b | HK$58.5b | -HK$1,335,825,677.19 | 14.3x | -35.1x | 0.8x |
| Mon, 08 Apr 2024 | HK$43.9b | HK$58.4b | -HK$1,329,233,470.47 | 13.5x | -33x | 0.8x |
| Wed, 06 Mar 2024 | HK$44.4b | HK$58.8b | HK$1.2b | 9.5x | 38.3x | 0.8x |
| Fri, 02 Feb 2024 | HK$42.8b | HK$59.7b | HK$1.1b | 10.6x | 39.4x | 0.7x |
| Sun, 31 Dec 2023 | HK$55.3b | HK$60.7b | HK$1.1b | 11.2x | 49.9x | 0.9x |
| Tue, 28 Nov 2023 | HK$58.4b | HK$60.0b | HK$1.1b | 13.5x | 53.2x | 1x |
| Thu, 26 Oct 2023 | HK$54.4b | HK$59.1b | HK$1.1b | 11.5x | 49.8x | 0.9x |
| Sat, 23 Sep 2023 | HK$58.8b | HK$58.9b | HK$990.0m | 10.6x | 59.4x | 1x |
| Mon, 21 Aug 2023 | HK$52.0b | HK$55.9b | HK$1.9b | 11.7x | 27.2x | 0.9x |
| Wed, 19 Jul 2023 | HK$52.3b | HK$58.1b | HK$2.0b | 12.1x | 25.6x | 0.9x |
| Fri, 16 Jun 2023 | HK$53.9b | HK$57.9b | HK$2.0b | 10.2x | 27x | 0.9x |
| Sun, 14 May 2023 | HK$51.1b | HK$57.4b | HK$1.9b | 7.6x | 26.2x | 0.9x |
| Tue, 11 Apr 2023 | HK$53.8b | HK$57.7b | HK$1.9b | 12.6x | 28x | 0.9x |
| Thu, 09 Mar 2023 | HK$119.3b | HK$74.4b | HK$4.9b | 11.5x | 24.2x | 1.6x |
| Sat, 04 Feb 2023 | HK$127.7b | HK$75.4b | HK$5.0b | 11.8x | 25.7x | 1.7x |
| Mon, 02 Jan 2023 | HK$120.4b | HK$74.3b | HK$4.9b | 11.3x | 24.5x | 1.6x |
| Wed, 30 Nov 2022 | HK$108.2b | HK$72.4b | HK$4.8b | 11.5x | 22.7x | 1.5x |
| Fri, 28 Oct 2022 | HK$100.3b | HK$73.1b | HK$4.7b | 11.2x | 21.2x | 1.4x |
| Sun, 25 Sep 2022 | HK$103.9b | HK$73.2b | HK$4.8b | 12.1x | 21.8x | 1.4x |
| Tue, 23 Aug 2022 | HK$116.2b | HK$73.1b | HK$4.8b | 11.6x | 24.2x | 1.6x |
| Thu, 21 Jul 2022 | HK$122.4b | HK$74.2b | HK$7.5b | 12x | 16.3x | 1.7x |
| Sat, 18 Jun 2022 | HK$121.5b | HK$73.7b | HK$7.5b | 11.3x | 16.1x | 1.6x |
| Mon, 16 May 2022 | HK$108.9b | HK$73.6b | HK$7.5b | 11.8x | 14.5x | 1.5x |
Price to Earnings Ratio
14.5x
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 238x which is higher than its 3-year average PE of 11.1x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
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 6.3% 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 | 2.26% | |
| Tech | 0.93% | |
| IT | 1.62% | |
| IT Consulting | 3.51% | |
| Internet Services and Infrastructure | -2.17% | |
| Data Processing Services | -4.11% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 23.3x.
- 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 | |
|---|---|---|---|---|---|
| 354 Chinasoft International | HK$5.40 | 8.0% +HK$996.1m | 14.6% | PE24.4x | |
| 2495 Voicecomm Technology | HK$247.00 | 9.7% +HK$774.4m | n/a | PS8.7x | |
| 3680 Ruihe Data Technology Holdings | HK$0.87 | 135.1% +HK$330.4m | -45.6% | PS1.4x | |
| 2176 CCID Consulting | HK$1.51 | 2.7% +HK$28.0m | 73.6% | PE12.7x | |
| 8611 Mindtell Technology | HK$0.90 | 5.9% +HK$23.4m | 1,116.2% | PS16.4x |
