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Hong Kong (HSI) Software Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies37
  • 7D3.6%
  • 3M-15.7%
  • 1Y-56.6%
  • YTD-16.9%

In the last week, the Software industry is up 3.6%, with Kingdee International Software Group up 10%. In the past year, the industry is down 57%. Earnings are forecast to grow by 55% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$113.0bHK$54.8b-HK$15,408,848,090.0611.1x-7.3x2.1x
Wed, 14 Feb 2024HK$98.3bHK$55.3b-HK$15,639,717,835.649.9x-6.3x1.8x
Fri, 12 Jan 2024HK$148.7bHK$63.9b-HK$15,217,394,932.0011.2x-9.8x2.3x
Sun, 10 Dec 2023HK$150.2bHK$63.2b-HK$15,289,541,969.0012.9x-9.8x2.4x
Tue, 07 Nov 2023HK$152.7bHK$61.8b-HK$9,221,360,084.0011.7x-16.6x2.5x
Thu, 05 Oct 2023HK$135.0bHK$53.3b-HK$9,664,308,513.0012x-14x2.5x
Sat, 02 Sep 2023HK$158.7bHK$53.7b-HK$9,749,545,803.0015x-16.3x3x
Mon, 31 Jul 2023HK$176.4bHK$50.6b-HK$10,711,489,482.0020.5x-16.5x3.5x
Wed, 28 Jun 2023HK$175.8bHK$50.4b-HK$10,652,446,910.0017.3x-16.5x3.5x
Fri, 26 May 2023HK$181.2bHK$51.4b-HK$10,921,208,945.0014.9x-16.6x3.5x
Sun, 23 Apr 2023HK$200.7bHK$52.6b-HK$11,671,879,469.0016.4x-17.2x3.8x
Tue, 21 Mar 2023HK$218.5bHK$51.0b-HK$25,926,716,015.0013.8x-8.4x4.3x
Thu, 16 Feb 2023HK$239.9bHK$50.4b-HK$26,495,039,575.0017.2x-9.1x4.8x
Sat, 14 Jan 2023HK$237.9bHK$51.0b-HK$26,825,923,012.0017.2x-8.9x4.7x
Mon, 12 Dec 2022HK$228.3bHK$49.5b-HK$25,807,208,674.0013x-8.8x4.6x
Wed, 09 Nov 2022HK$186.2bHK$48.5b-HK$25,537,403,743.0018.1x-7.3x3.8x
Fri, 07 Oct 2022HK$161.9bHK$48.9b-HK$25,784,882,444.0018.1x-6.3x3.3x
Sun, 04 Sep 2022HK$207.2bHK$49.8b-HK$26,566,478,461.0023x-7.8x4.2x
Tue, 02 Aug 2022HK$223.4bHK$48.5b-HK$42,153,002,134.0012.4x-5.3x4.6x
Thu, 30 Jun 2022HK$368.7bHK$42.0b-HK$40,904,513,933.0011.1x-9x8.8x
Sat, 28 May 2022HK$298.2bHK$41.9b-HK$40,695,614,910.0013.4x-7.3x7.1x
Mon, 25 Apr 2022HK$301.8bHK$43.1b-HK$41,628,734,859.0016.8x-7.2x7x
Wed, 23 Mar 2022HK$151.6bHK$35.4b-HK$19,126,245,839.0013.2x-7.9x4.3x
Fri, 18 Feb 2022HK$197.0bHK$34.1b-HK$19,204,530,306.0014.6x-10.3x5.8x
Sun, 16 Jan 2022HK$194.3bHK$33.0b-HK$18,430,832,771.0013.6x-10.5x5.9x
Tue, 14 Dec 2021HK$211.4bHK$33.0b-HK$18,415,577,340.0013.2x-11.5x6.4x
Thu, 11 Nov 2021HK$237.7bHK$32.8b-HK$18,389,526,150.0014.4x-12.9x7.2x
Sat, 09 Oct 2021HK$253.2bHK$32.7b-HK$18,099,676,196.0015.1x-14x7.7x
Mon, 06 Sep 2021HK$319.6bHK$39.8b-HK$16,762,536,486.7314.8x-19.1x8x
Wed, 04 Aug 2021HK$319.5bHK$39.9b-HK$16,758,870,486.7314x-19.1x8x
Sat, 08 May 2021HK$419.6bHK$37.8b-HK$8,664,362,516.4511.8x-48.4x11.1x
Price to Earnings Ratio

-1364.4x


Total Market Cap: HK$344.7bTotal Earnings: -HK$252,637,589.83Total Revenue: HK$36.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Software Industry Price to Earnings3Y Average -51.2x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Software industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Trends

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

HK Market1.55%
Tech3.81%
Software3.59%
Systems Software11.99%
Application Software3.23%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 81% over the next 5 years.
    • This is better than its past earnings growth rate of 57% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 54% 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
    268 Kingdee International Software GroupHK$9.115.8%
    +HK$1.8b
    -31.2%PS5.8x
    6959 Changjiu HoldingsHK$28.5016.3%
    +HK$808.6m
    n/aPE64x
    6682 Beijing Fourth Paradigm TechnologyHK$72.301.5%
    +HK$512.4m
    n/aPS8.9x
    909 Ming Yuan Cloud Group HoldingsHK$2.348.3%
    +HK$328.8m
    -49.7%PS2.3x
    596 Inspur Digital Enterprise TechnologyHK$2.8610.0%
    +HK$296.9m
    -36.7%PE21.5x
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    Latest News

    909

    HK$2.34

    Ming Yuan Cloud Group Holdings

    7D

    8.3%

    1Y

    -49.7%

    2121

    HK$6.96

    Qingdao AInnovation Technology Group

    7D

    -10.2%

    1Y

    -59.7%

    596

    HK$2.86

    Inspur Digital Enterprise Technology

    7D

    10.0%

    1Y

    -36.7%

    9959

    HK$1.22

    Linklogis

    7D

    -1.6%

    1Y

    -62.3%

    20

    HK$0.84

    SenseTime Group

    7D

    -7.7%

    1Y

    -68.4%

    418

    HK$0.39

    Founder Holdings

    7D

    -10.5%

    1Y

    -31.3%

    2013

    HK$2.21

    Weimob

    7D

    2.3%

    1Y

    -55.0%

    8083

    HK$0.088

    China Youzan

    7D

    -1.1%

    1Y

    -58.9%

    6959

    HK$28.50

    Changjiu Holdings

    7D

    16.3%

    1Y

    n/a

    6682

    HK$72.30

    Beijing Fourth Paradigm Technology

    7D

    1.5%

    1Y

    n/a

    9911

    HK$2.47

    Newborn Town

    7D

    -4.3%

    1Y

    66.9%

    2392

    HK$1.47

    Xuan Wu Cloud Technology Holdings

    7D

    -17.9%

    1Y

    -54.9%

    3738

    HK$2.00

    Vobile Group

    7D

    2.6%

    1Y

    -46.7%

    1675

    HK$6.99

    AsiaInfo Technologies

    7D

    -0.6%

    1Y

    -52.4%

    268

    HK$9.11

    Kingdee International Software Group

    7D

    5.8%

    1Y

    -31.2%