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Hong Kong (HSI) Application Software Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies36
  • 7D3.8%
  • 3M4.3%
  • 1Y0.3%
  • YTDn/a

In the last week, the Application Software industry is up 3.5%, with Horizon Robotics leading the way, up 4.1%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 52% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026HK$450.4bHK$66.3b-HK$7,892,684,114.6124.8x-57.1x6.8x
Sat, 17 Jan 2026HK$476.1bHK$65.6b-HK$7,790,534,730.4026x-61.1x7.3x
Mon, 15 Dec 2025HK$394.0bHK$64.0b-HK$7,688,381,830.0626.1x-51.2x6.2x
Wed, 12 Nov 2025HK$412.0bHK$65.0b-HK$8,429,434,200.0225.9x-48.9x6.3x
Fri, 10 Oct 2025HK$473.8bHK$65.1b-HK$8,443,700,441.4822.7x-56.1x7.3x
Sun, 07 Sep 2025HK$448.4bHK$65.1b-HK$8,464,144,642.6025.7x-53x6.9x
Tue, 05 Aug 2025HK$355.9bHK$60.9b-HK$9,824,808,070.2829.3x-36.2x5.8x
Thu, 03 Jul 2025HK$312.2bHK$61.0b-HK$9,836,252,604.4229x-31.7x5.1x
Sat, 31 May 2025HK$292.9bHK$59.3b-HK$9,690,480,503.0229.8x-30.2x4.9x
Mon, 28 Apr 2025HK$268.7bHK$58.4b-HK$9,471,403,648.0828x-28.4x4.6x
Wed, 26 Mar 2025HK$319.7bHK$58.7b-HK$11,582,928,888.1927.5x-27.6x5.4x
Fri, 21 Feb 2025HK$240.2bHK$56.1b-HK$10,235,717,945.0833.6x-23.5x4.3x
Sun, 19 Jan 2025HK$182.7bHK$55.6b-HK$10,153,053,797.5123.1x-18x3.3x
Tue, 17 Dec 2024HK$211.9bHK$60.1b-HK$9,672,556,559.7117x-21.9x3.5x
Thu, 14 Nov 2024HK$197.2bHK$60.4b-HK$12,894,887,943.3616.5x-15.3x3.3x
Sat, 12 Oct 2024HK$175.8bHK$59.8b-HK$12,735,938,916.6815.8x-13.8x2.9x
Mon, 09 Sep 2024HK$135.6bHK$59.2b-HK$12,799,928,537.4511.1x-10.6x2.3x
Wed, 07 Aug 2024HK$112.0bHK$56.0b-HK$12,481,106,228.2014.4x-9x2x
Fri, 05 Jul 2024HK$146.5bHK$55.2b-HK$12,276,509,509.2115.1x-11.9x2.7x
Sun, 02 Jun 2024HK$140.6bHK$55.5b-HK$14,843,672,338.9917.4x-9.5x2.5x
Tue, 30 Apr 2024HK$134.6bHK$55.7b-HK$14,876,971,760.5015.9x-9x2.4x
Thu, 28 Mar 2024HK$126.1bHK$56.1b-HK$15,980,814,076.9011.3x-7.9x2.2x
Sat, 24 Feb 2024HK$104.2bHK$52.6b-HK$14,597,469,532.2410.4x-7.1x2x
Mon, 22 Jan 2024HK$136.1bHK$61.2b-HK$14,181,678,317.0012.6x-9.6x2.2x
Wed, 20 Dec 2023HK$137.1bHK$60.5b-HK$14,280,300,472.0016.8x-9.6x2.3x
Fri, 17 Nov 2023HK$152.7bHK$58.8b-HK$8,145,194,556.0019.5x-18.8x2.6x
Sun, 15 Oct 2023HK$129.7bHK$50.6b-HK$8,641,371,586.0013.4x-15x2.6x
Tue, 12 Sep 2023HK$144.9bHK$50.7b-HK$8,657,125,552.0015.7x-16.7x2.9x
Thu, 10 Aug 2023HK$162.6bHK$47.7b-HK$9,324,494,171.0023x-17.4x3.4x
Sat, 08 Jul 2023HK$156.9bHK$47.5b-HK$9,321,145,786.0022.1x-16.8x3.3x
Mon, 05 Jun 2023HK$179.8bHK$48.4b-HK$9,521,479,675.0021.1x-18.9x3.7x
Wed, 03 May 2023HK$198.2bHK$49.7b-HK$10,248,161,812.0017.1x-19.3x4x
Fri, 31 Mar 2023HK$206.0bHK$46.8b-HK$9,286,924,154.0017.7x-22.2x4.4x
Sun, 26 Feb 2023HK$212.8bHK$46.5b-HK$24,741,201,234.0018.4x-8.6x4.6x
Price to Earnings Ratio

-8.6x


Total Market Cap: HK$212.8bTotal Earnings: -HK$24,741,201,234.00Total Revenue: HK$46.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Application Software Industry Price to Earnings3Y Average -23.2x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Application Software industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 6.8x.
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 13% 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-1.20%
Tech1.02%
Software3.76%
Application Software3.77%
Systems Software-0.17%
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?

CompanyLast Price7D1YValuation
9660 Horizon RoboticsHK$9.044.1%
+HK$5.3b
16.9%PE52.9x
20 SenseTime GroupHK$2.645.2%
+HK$5.3b
44.3%PS21.5x
6651 Beijing 51World Digital Twin TechnologyHK$64.4517.0%
+HK$3.8b
n/aPS75.2x
3738 Vobile GroupHK$6.3224.4%
+HK$3.2b
58.8%PE78.9x
9678 Unisound AI TechnologyHK$344.8016.6%
+HK$2.1b
n/aPS13.1x

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