AsiaInfo Technologies (HKG:1675) Might Be Having Difficulty Using Its Capital Effectively
Feb 14
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Hong Kong (HSI) Software Industry Analysis
UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies40
- 7D9.1%
- 3M28.5%
- 1Y76.5%
- YTD25.1%
Over the last 7 days, the Software industry has risen 9.1%, driven by gains in Horizon Robotics and Kingdee International Software Group of 13% and 21%, respectively. In the same time, Vobile Group was down 7.9%. This means that the industry has gained 77% over the past year. Earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the Hong Kong Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | HK$256.6b | HK$59.1b | -HK$11,918,132,935.77 | 30.7x | -21.5x | 4.3x |
| Tue, 14 Jan 2025 | HK$185.6b | HK$59.0b | -HK$12,063,749,765.51 | 18.6x | -15.4x | 3.1x |
| Thu, 12 Dec 2024 | HK$236.5b | HK$63.3b | -HK$11,367,901,486.56 | 20x | -20.8x | 3.7x |
| Sat, 09 Nov 2024 | HK$206.9b | HK$63.9b | -HK$14,651,514,214.62 | 18.3x | -14.1x | 3.2x |
| Mon, 07 Oct 2024 | HK$217.6b | HK$63.1b | -HK$14,462,159,635.02 | 18.5x | -15x | 3.4x |
| Wed, 04 Sep 2024 | HK$142.8b | HK$62.2b | -HK$14,436,671,672.98 | 11.4x | -9.9x | 2.3x |
| Fri, 02 Aug 2024 | HK$124.4b | HK$58.6b | -HK$13,844,646,632.44 | 12.8x | -9x | 2.1x |
| Sun, 30 Jun 2024 | HK$146.1b | HK$58.4b | -HK$13,791,166,539.21 | 13.3x | -10.6x | 2.5x |
| Tue, 28 May 2024 | HK$151.4b | HK$58.7b | -HK$16,313,076,252.49 | 14.2x | -9.3x | 2.6x |
| Thu, 25 Apr 2024 | HK$121.5b | HK$58.4b | -HK$15,511,129,170.50 | 13.5x | -7.8x | 2.1x |
| Sat, 23 Mar 2024 | HK$138.3b | HK$58.5b | -HK$16,149,268,854.46 | 12x | -8.6x | 2.4x |
| Mon, 19 Feb 2024 | HK$103.4b | HK$55.3b | -HK$15,644,598,297.05 | 9.9x | -6.6x | 1.9x |
| Wed, 17 Jan 2024 | HK$152.3b | HK$63.7b | -HK$15,159,372,613.00 | 10.1x | -10x | 2.4x |
| Fri, 15 Dec 2023 | HK$146.4b | HK$63.4b | -HK$15,352,644,994.00 | 12.2x | -9.5x | 2.3x |
| Sun, 12 Nov 2023 | HK$145.5b | HK$61.5b | -HK$9,176,836,926.00 | 12.2x | -15.9x | 2.4x |
| Tue, 10 Oct 2023 | HK$130.5b | HK$53.4b | -HK$9,679,090,324.00 | 12.3x | -13.5x | 2.4x |
| Thu, 07 Sep 2023 | HK$156.7b | HK$53.4b | -HK$9,687,856,765.00 | 15.6x | -16.2x | 2.9x |
| Sat, 05 Aug 2023 | HK$176.3b | HK$50.6b | -HK$10,653,744,204.00 | 20x | -16.5x | 3.5x |
| Mon, 03 Jul 2023 | HK$173.1b | HK$50.1b | -HK$10,603,506,175.00 | 17.8x | -16.3x | 3.5x |
| Wed, 31 May 2023 | HK$179.6b | HK$51.2b | -HK$10,881,385,863.00 | 16.6x | -16.5x | 3.5x |
| Fri, 28 Apr 2023 | HK$200.5b | HK$52.4b | -HK$11,622,485,837.00 | 16.7x | -17.2x | 3.8x |
| Sun, 26 Mar 2023 | HK$232.3b | HK$51.2b | -HK$23,218,730,847.00 | 12.8x | -10x | 4.5x |
| Tue, 21 Feb 2023 | HK$229.3b | HK$50.2b | -HK$26,353,040,281.00 | 16.8x | -8.7x | 4.6x |
| Thu, 19 Jan 2023 | HK$232.6b | HK$50.8b | -HK$26,725,282,532.00 | 18.1x | -8.7x | 4.6x |
| Sat, 17 Dec 2022 | HK$212.4b | HK$49.4b | -HK$25,743,567,068.00 | 15x | -8.2x | 4.3x |
| Mon, 14 Nov 2022 | HK$185.7b | HK$48.8b | -HK$25,604,716,272.00 | 12.1x | -7.3x | 3.8x |
| Wed, 12 Oct 2022 | HK$141.2b | HK$48.7b | -HK$25,636,095,296.00 | 19.3x | -5.5x | 2.9x |
| Fri, 09 Sep 2022 | HK$199.9b | HK$49.7b | -HK$26,284,376,243.00 | 12.4x | -7.6x | 4x |
| Sun, 07 Aug 2022 | HK$224.2b | HK$48.4b | -HK$42,045,395,961.00 | 12.6x | -5.3x | 4.6x |
| Tue, 05 Jul 2022 | HK$257.2b | HK$42.5b | -HK$40,917,813,962.00 | 13.8x | -6.3x | 6x |
| Thu, 02 Jun 2022 | HK$333.9b | HK$42.2b | -HK$41,088,740,950.00 | 13.3x | -8.1x | 7.9x |
| Sat, 30 Apr 2022 | HK$324.9b | HK$42.5b | -HK$40,822,783,654.00 | 15.1x | -8x | 7.6x |
| Mon, 28 Mar 2022 | HK$154.3b | HK$35.3b | -HK$19,030,869,591.00 | 13.3x | -8.1x | 4.4x |
| Wed, 23 Feb 2022 | HK$183.1b | HK$34.1b | -HK$19,206,259,265.00 | 14.6x | -9.5x | 5.4x |
Price to Earnings Ratio
-9.5x
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 3.7x is lower than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Software industry have improved over the last three years.
- Revenues for these companies have grown 20% 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 | 4.28% | |
| Tech | 3.35% | |
| Software | 9.08% | |
| Application Software | 9.30% | |
| Systems Software | 3.34% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 59% over the next 5 years.
- This is better than its past earnings decline of 41% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 57% 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 | |
|---|---|---|---|---|---|
| 9660 Horizon Robotics | HK$6.82 | 12.9% +HK$10.3b | n/a | PS39.7x | |
| 268 Kingdee International Software Group | HK$15.00 | 21.2% +HK$9.3b | 84.5% | PS8.3x | |
| 20 SenseTime Group | HK$1.82 | 5.2% +HK$3.3b | 114.1% | PS16.9x | |
| 1675 AsiaInfo Technologies | HK$9.42 | 38.9% +HK$2.5b | 15.6% | PE31.9x | |
| 2531 GL-Carlink Technology Holding | HK$28.30 | 16.5% +HK$1.5b | n/a | PE191.5x |