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Hong Kong (HSI) Application Software Industry Analysis
UpdatedJan 30, 2025
DataAggregated Company Financials
Companies33
- 7D9.2%
- 3M8.6%
- 1Y48.6%
- YTDn/a
Over the last 7 days, the Application Software industry has risen 9.5%, driven by gains in Horizon Robotics and SenseTime Group of 12% and 12%, respectively. In the last 12 months, the industry was up 44%. Looking forward, earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the Hong Kong Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 Jan 2025 | HK$205.4b | HK$56.2b | -HK$10,272,954,160.40 | 22.9x | -20x | 3.7x |
| Sat, 28 Dec 2024 | HK$224.9b | HK$59.9b | -HK$9,635,074,354.57 | 18.4x | -23.3x | 3.8x |
| Mon, 25 Nov 2024 | HK$188.3b | HK$60.5b | -HK$9,737,090,937.15 | 15.5x | -19.3x | 3.1x |
| Wed, 23 Oct 2024 | HK$172.6b | HK$59.5b | -HK$12,647,306,937.39 | 15.9x | -13.6x | 2.9x |
| Fri, 20 Sep 2024 | HK$134.6b | HK$60.1b | -HK$12,786,897,300.42 | 14x | -10.5x | 2.2x |
| Sun, 18 Aug 2024 | HK$115.0b | HK$56.0b | -HK$12,339,357,583.58 | 17.3x | -9.3x | 2.1x |
| Tue, 16 Jul 2024 | HK$131.4b | HK$55.2b | -HK$12,285,348,040.00 | 15.1x | -10.7x | 2.4x |
| Thu, 13 Jun 2024 | HK$141.4b | HK$55.4b | -HK$14,801,297,419.15 | 17.4x | -9.6x | 2.6x |
| Sat, 11 May 2024 | HK$150.2b | HK$55.8b | -HK$14,888,258,593.31 | 15.1x | -10.1x | 2.7x |
| Mon, 08 Apr 2024 | HK$121.1b | HK$55.8b | -HK$14,897,714,478.23 | 17x | -8.1x | 2.2x |
| Wed, 06 Mar 2024 | HK$100.0b | HK$52.5b | -HK$14,597,157,700.18 | 11.2x | -6.9x | 1.9x |
| Fri, 02 Feb 2024 | HK$94.2b | HK$52.6b | -HK$14,623,703,015.00 | 11.5x | -6.4x | 1.8x |
| Sun, 31 Dec 2023 | HK$152.6b | HK$60.9b | -HK$14,369,306,970.00 | 9.5x | -10.6x | 2.5x |
| Tue, 28 Nov 2023 | HK$151.4b | HK$59.5b | -HK$8,252,582,856.00 | 20.4x | -18.3x | 2.5x |
| Thu, 26 Oct 2023 | HK$130.4b | HK$58.7b | -HK$8,142,621,625.00 | 12.9x | -16x | 2.2x |
| Sat, 23 Sep 2023 | HK$132.0b | HK$50.6b | -HK$8,635,612,599.00 | 15x | -15.3x | 2.6x |
| Mon, 21 Aug 2023 | HK$150.5b | HK$47.9b | -HK$8,622,237,872.00 | 21.9x | -17.5x | 3.1x |
| Wed, 19 Jul 2023 | HK$159.4b | HK$47.7b | -HK$9,370,119,868.00 | 22.8x | -17x | 3.3x |
| Fri, 16 Jun 2023 | HK$182.3b | HK$47.8b | -HK$9,386,542,886.00 | 22.8x | -19.4x | 3.8x |
| Sun, 14 May 2023 | HK$181.4b | HK$49.3b | -HK$9,955,090,290.00 | 18x | -18.2x | 3.7x |
| Tue, 11 Apr 2023 | HK$235.9b | HK$49.9b | -HK$10,303,699,030.00 | 18.9x | -22.9x | 4.7x |
| Thu, 09 Mar 2023 | HK$211.6b | HK$47.1b | -HK$24,577,943,956.00 | 16.6x | -8.6x | 4.5x |
| Sat, 04 Feb 2023 | HK$247.4b | HK$47.8b | -HK$25,515,679,182.00 | 18.2x | -9.7x | 5.2x |
| Mon, 02 Jan 2023 | HK$211.7b | HK$46.7b | -HK$24,775,986,921.00 | 16.2x | -8.5x | 4.5x |
| Wed, 30 Nov 2022 | HK$170.6b | HK$45.2b | -HK$23,738,916,926.00 | 12.4x | -7.2x | 3.8x |
| Fri, 28 Oct 2022 | HK$141.1b | HK$45.5b | -HK$24,279,450,619.00 | 17.1x | -5.8x | 3.1x |
| Sun, 25 Sep 2022 | HK$166.1b | HK$45.7b | -HK$24,427,795,134.00 | 12.9x | -6.8x | 3.6x |
| Tue, 23 Aug 2022 | HK$199.3b | HK$45.8b | -HK$41,255,985,441.00 | 20x | -4.8x | 4.3x |
| Thu, 21 Jul 2022 | HK$221.7b | HK$45.2b | -HK$41,649,844,485.00 | 13.6x | -5.3x | 4.9x |
| Sat, 18 Jun 2022 | HK$339.6b | HK$38.7b | -HK$40,398,562,314.00 | 13.8x | -8.4x | 8.8x |
| Mon, 16 May 2022 | HK$270.1b | HK$38.3b | -HK$39,474,307,613.00 | 15x | -6.8x | 7x |
| Wed, 13 Apr 2022 | HK$305.2b | HK$40.3b | -HK$41,924,505,546.00 | 17.7x | -7.3x | 7.6x |
| Fri, 11 Mar 2022 | HK$129.5b | HK$31.7b | -HK$18,438,801,218.00 | 13.4x | -7x | 4.1x |
| Sun, 06 Feb 2022 | HK$145.7b | HK$29.8b | -HK$17,662,501,371.00 | 14x | -8.2x | 4.9x |
Price to Earnings Ratio
-8.2x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Application Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have improved over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Hong Kong Application Software compare with similar industries?
| HK Market | 1.94% | |
| Tech | 1.59% | |
| Software | 8.91% | |
| Application Software | 9.21% | |
| Systems Software | 0.52% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 20 SenseTime Group | HK$1.61 | 14.2% +HK$7.4b | 103.8% | PS14.9x | |
| 9660 Horizon Robotics | HK$4.50 | 11.1% +HK$5.9b | n/a | PS26.1x | |
| 268 Kingdee International Software Group | HK$10.28 | 13.1% +HK$4.2b | 36.5% | PS5.7x | |
| 6682 Beijing Fourth Paradigm Technology | HK$50.10 | 17.5% +HK$3.5b | -0.2% | PS4.7x | |
| 2556 Marketingforce Management | HK$66.20 | 4.9% +HK$732.1m | n/a | PS10.5x |
