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Hong Kong (HSI) Software Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies38
  • 7D4.6%
  • 3M-32.5%
  • 1Y-57.2%
  • YTD-24.5%

SenseTime Group is up 3.7%, leading the way for the Software industry, which has gained 4.6%. During this same period, the Beijing Fourth Paradigm Technology underperformed, falling 7.3%. In the past year, the industry is down 57%. Looking forward, 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
Wed, 21 Feb 2024HK$102.8bHK$55.3b-HK$15,634,962,174.109.9x-6.6x1.9x
Fri, 19 Jan 2024HK$141.6bHK$63.7b-HK$15,152,087,740.0010.3x-9.3x2.2x
Sun, 17 Dec 2023HK$153.3bHK$63.5b-HK$15,381,747,692.0012.2x-10x2.4x
Tue, 14 Nov 2023HK$153.6bHK$61.5b-HK$9,180,106,171.0012.2x-16.7x2.5x
Thu, 12 Oct 2023HK$136.6bHK$53.3b-HK$9,649,166,412.0012.7x-14.2x2.6x
Sat, 09 Sep 2023HK$151.1bHK$53.1b-HK$9,625,792,905.0015.5x-15.7x2.8x
Mon, 07 Aug 2023HK$176.3bHK$50.7b-HK$10,689,913,614.0022.8x-16.5x3.5x
Wed, 05 Jul 2023HK$173.5bHK$50.3b-HK$10,651,807,485.0018.3x-16.3x3.4x
Fri, 02 Jun 2023HK$179.3bHK$51.0b-HK$10,833,700,733.0016.6x-16.5x3.5x
Sun, 30 Apr 2023HK$206.1bHK$52.5b-HK$11,638,998,871.0016.5x-17.7x3.9x
Tue, 28 Mar 2023HK$222.3bHK$51.1b-HK$22,549,420,397.0014x-9.9x4.3x
Thu, 23 Feb 2023HK$220.3bHK$50.1b-HK$26,278,254,991.0016.2x-8.4x4.4x
Sat, 21 Jan 2023HK$236.6bHK$50.7b-HK$26,647,717,425.0018.1x-8.9x4.7x
Mon, 19 Dec 2022HK$212.4bHK$49.4b-HK$25,738,398,039.0015x-8.3x4.3x
Wed, 16 Nov 2022HK$201.2bHK$49.0b-HK$25,561,902,023.0012.6x-7.9x4.1x
Fri, 14 Oct 2022HK$133.3bHK$48.6b-HK$25,568,945,209.0019.3x-5.2x2.7x
Sun, 11 Sep 2022HK$203.1bHK$49.9b-HK$26,433,468,539.0012.8x-7.7x4.1x
Tue, 09 Aug 2022HK$222.0bHK$48.4b-HK$42,041,640,961.0012.4x-5.3x4.6x
Thu, 07 Jul 2022HK$263.9bHK$47.5b-HK$42,323,445,958.0013.9x-6.2x5.6x
Sat, 04 Jun 2022HK$340.3bHK$42.2b-HK$41,153,853,244.0013.3x-8.3x8.1x
Mon, 02 May 2022HK$324.9bHK$42.6b-HK$40,938,514,901.0015x-7.9x7.6x
Wed, 30 Mar 2022HK$361.4bHK$41.1b-HK$40,074,236,442.0013.3x-9x8.8x
Fri, 25 Feb 2022HK$175.9bHK$34.2b-HK$19,282,378,259.0013.4x-9.1x5.1x
Sun, 23 Jan 2022HK$202.5bHK$33.1b-HK$18,473,128,441.0014x-11x6.1x
Tue, 21 Dec 2021HK$200.3bHK$33.0b-HK$18,402,815,635.0013.5x-10.9x6.1x
Thu, 18 Nov 2021HK$251.2bHK$32.8b-HK$18,381,016,605.0013.7x-13.7x7.7x
Sat, 16 Oct 2021HK$261.0bHK$32.7b-HK$18,105,179,044.0015.1x-14.4x8x
Mon, 13 Sep 2021HK$306.6bHK$39.8b-HK$16,762,536,486.7315.2x-18.3x7.7x
Wed, 11 Aug 2021HK$322.3bHK$39.9b-HK$16,758,870,486.7314.2x-19.2x8.1x
Sun, 06 Jun 2021HK$420.0bHK$37.8b-HK$8,664,969,684.8514.6x-48.5x11.1x
Wed, 10 Mar 2021HK$406.2bHK$34.2bHK$68.9m14.1x5899.8x11.9x
Price to Earnings Ratio

5899.8x


Total Market Cap: HK$406.2bTotal Earnings: HK$68.9mTotal Revenue: HK$34.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Software Industry Price to Earnings3Y Average 117.3x202220232024
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 5.6x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 17% 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 decreased profits.

Industry Trends

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

HK Market3.54%
Tech2.37%
Software4.62%
Systems Software7.62%
Application Software4.49%
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 60% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 53% 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
    20 SenseTime GroupHK$0.853.7%
    +HK$1.0b
    -65.9%PS6.8x
    3738 Vobile GroupHK$1.8931.3%
    +HK$995.2m
    -53.0%PE88x
    268 Kingdee International Software GroupHK$7.841.7%
    +HK$466.7m
    -49.2%PS4.9x
    2121 Qingdao AInnovation Technology GroupHK$7.0912.5%
    +HK$439.8m
    -55.0%PS2x
    909 Ming Yuan Cloud Group HoldingsHK$2.238.3%
    +HK$310.5m
    -61.6%PS2.2x
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    Latest News

    3738

    HK$1.89

    Vobile Group

    7D

    35.0%

    1Y

    -51.3%

    8131

    HK$0.14

    abc Multiactive

    7D

    -4.6%

    1Y

    125.0%

    596

    HK$2.21

    Inspur Digital Enterprise Technology

    7D

    13.9%

    1Y

    -62.7%

    802

    HK$0.041

    China e-Wallet Payment Group

    7D

    -6.8%

    1Y

    -65.8%

    2121

    HK$6.93

    Qingdao AInnovation Technology Group

    7D

    13.8%

    1Y

    -55.9%

    2013

    HK$1.96

    Weimob

    7D

    11.4%

    1Y

    -59.4%

    9669

    HK$4.58

    Beisen Holding

    7D

    10.9%

    1Y

    n/a

    268

    HK$8.20

    Kingdee International Software Group

    7D

    6.8%

    1Y

    -46.4%

    6682

    HK$39.10

    Beijing Fourth Paradigm Technology

    7D

    -5.7%

    1Y

    n/a

    8178

    HK$1.60

    China Information Technology Development

    7D

    -3.6%

    1Y

    -27.9%

    20

    HK$0.91

    SenseTime Group

    7D

    13.8%

    1Y

    -62.4%

    8060

    HK$0.041

    Global Link Communications Holdings

    7D

    -16.3%

    1Y

    -54.4%

    8635

    HK$0.067

    Novacon Technology Group

    7D

    -10.7%

    1Y

    -55.9%

    2167

    HK$4.70

    TI Cloud

    7D

    -8.9%

    1Y

    -62.4%