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- 7D-9.4%
- 3M-15.2%
- 1Y17.8%
- YTD-17.8%
Over the last 7 days, the Semiconductors industry has dropped 9.4%, driven by a pullback from Semiconductor Manufacturing International of 11%. Meanwhile, MEGAIN Holding (Cayman) actually outperformed within the industry, gaining 10% in the last week. This takes the industry's 12 month performance to a gain of 18%. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Hong Kong Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Mar 2026 | HK$1.0t | HK$177.3b | -HK$2,632,897,973.75 | 29.2x | -397.1x | 5.9x |
| Sun, 22 Feb 2026 | HK$1.2t | HK$177.5b | -HK$4,716,443,616.81 | 24.3x | -264.7x | 7x |
| Tue, 20 Jan 2026 | HK$1.3t | HK$175.7b | -HK$4,686,280,076.02 | 25.2x | -277.7x | 7.4x |
| Thu, 18 Dec 2025 | HK$1.1t | HK$173.8b | -HK$3,418,907,713.02 | 28x | -310.5x | 6.1x |
| Sat, 15 Nov 2025 | HK$1.1t | HK$173.3b | -HK$2,645,158,780.15 | 22.2x | -431.1x | 6.6x |
| Mon, 13 Oct 2025 | HK$1.2t | HK$168.7b | -HK$3,432,519,384.46 | 26.5x | -348.5x | 7.1x |
| Wed, 10 Sep 2025 | HK$961.6b | HK$168.9b | -HK$3,443,674,171.03 | 22.6x | -279.2x | 5.7x |
| Fri, 08 Aug 2025 | HK$861.4b | HK$171.9b | HK$309.4m | 27.7x | 2783.9x | 5x |
| Sun, 06 Jul 2025 | HK$734.8b | HK$172.8b | HK$1.4b | 23.7x | 509.8x | 4.3x |
| Tue, 03 Jun 2025 | HK$666.9b | HK$172.5b | HK$1.4b | 21.3x | 477.1x | 3.9x |
| Thu, 01 May 2025 | HK$731.6b | HK$165.7b | HK$836.2m | 23.9x | 875x | 4.4x |
| Sat, 29 Mar 2025 | HK$751.2b | HK$173.0b | HK$1.3b | 25.9x | 586.3x | 4.3x |
| Mon, 24 Feb 2025 | HK$871.3b | HK$178.7b | HK$7.1b | 14.3x | 123.3x | 4.9x |
| Wed, 22 Jan 2025 | HK$728.1b | HK$178.1b | HK$7.6b | 12x | 96.4x | 4.1x |
| Fri, 20 Dec 2024 | HK$561.5b | HK$177.0b | HK$8.6b | 11.8x | 65.1x | 3.2x |
| Sun, 17 Nov 2024 | HK$605.0b | HK$178.0b | HK$8.6b | 12.8x | 70.3x | 3.4x |
| Tue, 15 Oct 2024 | HK$540.9b | HK$177.8b | HK$9.2b | 11.6x | 58.6x | 3x |
| Thu, 12 Sep 2024 | HK$371.5b | HK$177.9b | HK$9.3b | 9.3x | 40.2x | 2.1x |
| Sat, 10 Aug 2024 | HK$420.3b | HK$192.3b | HK$17.3b | 10.3x | 24.3x | 2.2x |
| Mon, 08 Jul 2024 | HK$423.5b | HK$190.1b | HK$19.2b | 11x | 22x | 2.2x |
| Wed, 05 Jun 2024 | HK$453.8b | HK$190.3b | HK$19.3b | 12.6x | 23.6x | 2.4x |
| Fri, 03 May 2024 | HK$437.6b | HK$189.1b | HK$21.5b | 12x | 20.4x | 2.3x |
| Sun, 31 Mar 2024 | HK$446.8b | HK$189.9b | HK$21.5b | 11.9x | 20.8x | 2.4x |
| Tue, 27 Feb 2024 | HK$405.3b | HK$195.9b | HK$35.8b | 11.1x | 11.3x | 2.1x |
| Thu, 25 Jan 2024 | HK$416.8b | HK$198.2b | HK$37.5b | 9.3x | 11.1x | 2.1x |
| Sat, 23 Dec 2023 | HK$457.5b | HK$197.1b | HK$37.3b | 9.9x | 12.3x | 2.3x |
| Mon, 20 Nov 2023 | HK$486.4b | HK$195.8b | HK$37.0b | 11.1x | 13.1x | 2.5x |
| Wed, 18 Oct 2023 | HK$494.1b | HK$196.7b | HK$40.9b | 10.1x | 12.1x | 2.5x |
| Fri, 15 Sep 2023 | HK$495.8b | HK$197.1b | HK$41.0b | 11.7x | 12.1x | 2.5x |
| Sun, 13 Aug 2023 | HK$508.6b | HK$188.6b | HK$42.6b | 9.4x | 11.9x | 2.7x |
| Tue, 11 Jul 2023 | HK$536.9b | HK$190.3b | HK$44.7b | 10.1x | 12x | 2.8x |
| Thu, 08 Jun 2023 | HK$540.2b | HK$191.8b | HK$45.1b | 10.4x | 12x | 2.8x |
| Sat, 06 May 2023 | HK$561.5b | HK$196.7b | HK$46.7b | 11.2x | 12x | 2.9x |
| Mon, 03 Apr 2023 | HK$573.6b | HK$196.4b | HK$46.6b | 10.2x | 12.3x | 2.9x |
Price to Earnings Ratio
12.3x
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 3.8x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- Total earnings for the Semiconductor industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 3.4% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Tech industry?
| HK Market | -2.20% | |
| Tech | -6.02% | |
| Semiconductors | -9.35% | |
| Semiconductor Equipment | -5.46% | |
| Semiconductors | -10.00% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 148x.
- Analysts are expecting annual earnings growth of 27.3%, which is higher than its past year's earnings decline of 6.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 57% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Semiconductors industry is expected to see its earnings grow by 27% 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 | |
|---|---|---|---|---|---|
| 522 ASMPT | HK$106.30 | 1.0% +HK$459.6m | 87.0% | PE40.9x | |
| 6939 MEGAIN Holding (Cayman) | HK$1.85 | 9.5% +HK$83.0m | 297.8% | PS5.5x | |
| 712 Comtec Solar Systems Group | HK$0.099 | 3.1% +HK$3.2m | 32.0% | PS0.4x | |
| 1305 Wai Chi Holdings | HK$0.74 | 1.4% +HK$2.2m | -9.8% | PE3.2x | |
| 1679 Risecomm Group Holdings | HK$0.54 | 1.9% +HK$2.2m | -13.6% | PS0.7x |
