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Hong Kong (HSI) Software Industry Analysis

UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies43
  • 7D4.8%
  • 3M2.7%
  • 1Y3.3%
  • YTD6.5%

Knowledge Atlas Technology is up 84%, leading the way for the Software industry, which has gained 4.8%. In the same time, Nuobikan Artificial Intelligence Technology (Chengdu) was down 23%. In the last 12 months, the industry was up 3.3%. Earnings are forecast to grow by 52% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Feb 2026HK$500.5bHK$69.0b-HK$8,289,041,323.8719.7x-60.4x7.3x
Fri, 16 Jan 2026HK$480.6bHK$67.7b-HK$8,012,628,803.9822.1x-60x7.1x
Sun, 14 Dec 2025HK$396.0bHK$66.0b-HK$7,907,593,760.6816.3x-50.1x6x
Tue, 11 Nov 2025HK$412.8bHK$67.1b-HK$8,583,791,514.0420.6x-48.1x6.2x
Thu, 09 Oct 2025HK$485.6bHK$67.2b-HK$8,603,534,518.1421.2x-56.4x7.2x
Sat, 06 Sep 2025HK$450.5bHK$67.2b-HK$8,636,022,413.6322.6x-52.2x6.7x
Mon, 04 Aug 2025HK$350.2bHK$62.2b-HK$10,546,366,940.4929.4x-33.2x5.6x
Wed, 02 Jul 2025HK$319.7bHK$62.6b-HK$10,617,984,267.4928.3x-30.1x5.1x
Fri, 30 May 2025HK$309.9bHK$62.5b-HK$10,643,448,544.3727.5x-29.1x5x
Sun, 27 Apr 2025HK$275.9bHK$61.5b-HK$10,396,516,717.6625.4x-26.5x4.5x
Tue, 25 Mar 2025HK$336.7bHK$62.0b-HK$13,182,403,650.2327.4x-25.5x5.4x
Thu, 20 Feb 2025HK$259.0bHK$59.0b-HK$11,880,732,541.4932.2x-21.8x4.4x
Sat, 18 Jan 2025HK$187.0bHK$58.7b-HK$11,814,713,448.4123.1x-15.8x3.2x
Mon, 16 Dec 2024HK$230.3bHK$63.3b-HK$11,360,180,641.0419.9x-20.3x3.6x
Wed, 13 Nov 2024HK$201.3bHK$63.3b-HK$14,519,864,746.9718x-13.9x3.2x
Fri, 11 Oct 2024HK$185.6bHK$63.0b-HK$14,431,557,345.0116.9x-12.9x2.9x
Sun, 08 Sep 2024HK$141.8bHK$62.4b-HK$14,501,980,569.2911x-9.8x2.3x
Tue, 06 Aug 2024HK$117.1bHK$59.3b-HK$14,014,061,380.8912.8x-8.4x2x
Thu, 04 Jul 2024HK$156.5bHK$58.4b-HK$13,784,939,825.2413.3x-11.4x2.7x
Sat, 01 Jun 2024HK$151.5bHK$58.7b-HK$16,340,788,849.1714.3x-9.3x2.6x
Mon, 29 Apr 2024HK$138.1bHK$58.4b-HK$15,501,231,077.1213.6x-8.9x2.4x
Wed, 27 Mar 2024HK$134.6bHK$59.2b-HK$15,980,165,734.7110.8x-8.4x2.3x
Fri, 23 Feb 2024HK$108.1bHK$55.3b-HK$15,647,158,067.289.9x-6.9x2x
Sun, 21 Jan 2024HK$140.7bHK$64.2b-HK$15,275,511,021.0010.9x-9.2x2.2x
Tue, 19 Dec 2023HK$144.6bHK$63.3b-HK$15,332,486,175.0011.7x-9.4x2.3x
Thu, 16 Nov 2023HK$159.9bHK$61.6b-HK$9,195,558,518.0012.1x-17.4x2.6x
Sat, 14 Oct 2023HK$136.6bHK$53.3b-HK$9,654,105,684.0012.5x-14.1x2.6x
Mon, 11 Sep 2023HK$151.1bHK$53.1b-HK$9,626,629,894.0015.5x-15.7x2.8x
Wed, 09 Aug 2023HK$169.3bHK$50.4b-HK$10,620,239,177.0022.1x-15.9x3.4x
Fri, 07 Jul 2023HK$166.0bHK$50.1b-HK$10,591,899,012.0018.3x-15.7x3.3x
Sun, 04 Jun 2023HK$187.6bHK$51.2b-HK$10,879,222,288.0016.6x-17.2x3.7x
Tue, 02 May 2023HK$206.2bHK$52.5b-HK$11,641,946,188.0016.5x-17.7x3.9x
Thu, 30 Mar 2023HK$217.6bHK$50.3b-HK$22,661,453,416.0014.3x-9.6x4.3x
Sat, 25 Feb 2023HK$223.7bHK$49.8b-HK$26,101,252,232.0016.3x-8.6x4.5x
Price to Earnings Ratio

-8.6x


Total Market Cap: HK$223.7bTotal Earnings: -HK$26,101,252,232.00Total Revenue: HK$49.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Software Industry Price to Earnings3Y Average -22x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Software 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 7.3x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

HK Market-0.26%
Tech3.42%
Software4.81%
Application Software4.83%
Systems Software1.25%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 52% over the next 5 years.
    • This is better than its past earnings growth rate of 2.5% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 52% 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
    100 MiniMax GroupHK$847.0057.1%
    +HK$95.3b
    n/aPS519.6x
    2513 Knowledge Atlas TechnologyHK$508.0059.8%
    +HK$84.8b
    n/aPS436.8x
    20 SenseTime GroupHK$2.648.2%
    +HK$8.1b
    45.1%PS21.5x
    9660 Horizon RoboticsHK$9.045.5%
    +HK$6.9b
    18.9%PE52.9x
    1384 Deepexi TechnologyHK$99.2515.7%
    +HK$4.4b
    n/aPS91.1x

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