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Hong Kong (HSI) Semiconductors Industry Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies24
  • 7D6.5%
  • 3M14.5%
  • 1Y93.9%
  • YTD8.3%

Over the last 7 days, the Semiconductors industry has risen 6.5%, driven by gains from Semiconductor Manufacturing International of 6.5%. During this same period, the Shanghai Fudan Microelectronics Group underperformed, falling 6.0%. In the last 12 months, the industry was up 94%. Earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Jan 2026HK$1.3tHK$175.7b-HK$4,680,086,233.2725.5x-283.7x7.6x
Tue, 16 Dec 2025HK$1.1tHK$173.8b-HK$3,416,545,691.7127.8x-310.3x6.1x
Thu, 13 Nov 2025HK$1.1tHK$170.8b-HK$3,198,861,096.6322.7x-356.2x6.7x
Sat, 11 Oct 2025HK$1.2tHK$168.8b-HK$3,446,149,059.8226.5x-347.1x7.1x
Mon, 08 Sep 2025HK$998.8bHK$168.9b-HK$3,432,186,728.7322.6x-291x5.9x
Wed, 06 Aug 2025HK$849.7bHK$171.8bHK$315.6m28x2692.4x4.9x
Fri, 04 Jul 2025HK$724.4bHK$172.9bHK$1.4b23.5x503.3x4.2x
Sun, 01 Jun 2025HK$672.2bHK$172.4bHK$1.4b21.2x480.9x3.9x
Tue, 29 Apr 2025HK$717.1bHK$167.1bHK$1.6b22.1x454.9x4.3x
Thu, 27 Mar 2025HK$755.8bHK$172.3bHK$3.1b26.8x242.9x4.4x
Sat, 22 Feb 2025HK$871.3bHK$178.7bHK$7.1b14.3x123.3x4.9x
Mon, 20 Jan 2025HK$716.6bHK$177.8bHK$7.6b12.1x94.7x4x
Wed, 18 Dec 2024HK$552.7bHK$177.1bHK$8.6b12.7x64.3x3.1x
Fri, 15 Nov 2024HK$612.8bHK$177.8bHK$8.6b12.8x71.2x3.4x
Sun, 13 Oct 2024HK$540.9bHK$177.8bHK$9.2b11.6x58.6x3x
Tue, 10 Sep 2024HK$382.5bHK$177.9bHK$9.2b9.5x41.4x2.2x
Thu, 08 Aug 2024HK$405.7bHK$190.8bHK$19.7b10.2x20.6x2.1x
Sat, 06 Jul 2024HK$423.5bHK$190.1bHK$19.2b11x22x2.2x
Mon, 03 Jun 2024HK$448.7bHK$190.4bHK$19.3b12.5x23.3x2.4x
Wed, 01 May 2024HK$432.5bHK$189.2bHK$21.5b11.8x20.1x2.3x
Fri, 29 Mar 2024HK$448.2bHK$189.9bHK$23.2b11.9x19.3x2.4x
Sun, 25 Feb 2024HK$407.2bHK$195.9bHK$35.8b11x11.4x2.1x
Tue, 23 Jan 2024HK$401.3bHK$196.8bHK$37.2b9.1x10.8x2x
Thu, 21 Dec 2023HK$455.6bHK$196.8bHK$37.3b9.8x12.2x2.3x
Sat, 18 Nov 2023HK$485.7bHK$195.9bHK$37.0b11.1x13.1x2.5x
Mon, 16 Oct 2023HK$494.1bHK$196.7bHK$40.9b10.1x12.1x2.5x
Wed, 13 Sep 2023HK$500.9bHK$197.0bHK$40.9b12x12.2x2.5x
Fri, 11 Aug 2023HK$526.4bHK$191.4bHK$43.6b10x12.1x2.7x
Sun, 09 Jul 2023HK$530.4bHK$190.5bHK$44.7b10.1x11.9x2.8x
Tue, 06 Jun 2023HK$546.1bHK$191.7bHK$45.1b10.3x12.1x2.8x
Thu, 04 May 2023HK$577.0bHK$196.7bHK$46.7b11.4x12.4x2.9x
Sat, 01 Apr 2023HK$573.6bHK$196.3bHK$46.6b10.3x12.3x2.9x
Mon, 27 Feb 2023HK$539.1bHK$180.5bHK$40.3b8.6x13.4x3x
Wed, 25 Jan 2023HK$569.2bHK$181.6bHK$40.6b8.2x14x3.1x
Price to Earnings Ratio

14x


Total Market Cap: HK$569.2bTotal Earnings: HK$40.6bTotal Revenue: HK$181.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Semiconductors Industry Price to Earnings3Y Average 407.5x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Semiconductor industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
  • Total earnings for the Semiconductor industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Tech industry?

HK Market1.58%
Tech3.25%
Semiconductors6.47%
Semiconductors6.70%
Semiconductor Equipment4.86%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 104x.
    • Analysts are expecting annual earnings growth of 28.4%, which is higher than its past year's earnings decline of 4.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 72% over the next 5 years.
  • This is better than its past earnings decline of 59% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 28% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
981 Semiconductor Manufacturing InternationalHK$79.206.5%
+HK$38.4b
100.8%PE131.1x
1347 Hua Hong SemiconductorHK$106.8017.0%
+HK$27.0b
337.7%PE1946.4x
6082 Shanghai Biren TechnologyHK$38.1412.0%
+HK$9.8b
n/aPS229.2x
522 ASMPTHK$97.858.8%
+HK$3.3b
27.7%PS3x
2658 Guangdong Tianyu SemiconductorHK$51.356.8%
+HK$1.3b
n/aPS34.7x

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