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Hong Kong (HSI) Application Software Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies36
  • 7D-6.2%
  • 3M-5.5%
  • 1Y-0.6%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 6.2%, driven by pullbacks in SenseTime Group and Horizon Robotics of 16% and 13%, respectively. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 54% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026HK$399.0bHK$66.3b-HK$8,063,956,782.1918.2x-49.5x6x
Wed, 28 Jan 2026HK$458.6bHK$65.8b-HK$7,833,976,599.0325.8x-58.5x7x
Fri, 26 Dec 2025HK$395.1bHK$64.8b-HK$7,613,036,597.2026.1x-51.9x6.1x
Sun, 23 Nov 2025HK$376.7bHK$65.2b-HK$8,447,096,838.2925.6x-44.6x5.8x
Tue, 21 Oct 2025HK$417.4bHK$65.0b-HK$8,432,775,720.1823.4x-49.5x6.4x
Thu, 18 Sep 2025HK$487.7bHK$65.2b-HK$8,482,374,516.3925.9x-57.5x7.5x
Sat, 16 Aug 2025HK$365.3bHK$60.8b-HK$9,126,203,653.4328.5x-40x6x
Mon, 14 Jul 2025HK$327.0bHK$62.0b-HK$9,777,489,471.9127.6x-33.4x5.3x
Wed, 11 Jun 2025HK$310.2bHK$59.4b-HK$9,699,018,367.3529.5x-32x5.2x
Fri, 09 May 2025HK$298.1bHK$58.8b-HK$9,557,565,311.6431.3x-31.2x5.1x
Sun, 06 Apr 2025HK$290.5bHK$58.5b-HK$9,504,519,329.7930.9x-30.6x5x
Tue, 04 Mar 2025HK$222.5bHK$55.8b-HK$10,174,542,993.5230.9x-21.9x4x
Thu, 30 Jan 2025HK$205.4bHK$56.2b-HK$10,272,954,160.4022.9x-20x3.7x
Sat, 28 Dec 2024HK$224.9bHK$59.9b-HK$9,635,074,354.5718.4x-23.3x3.8x
Mon, 25 Nov 2024HK$188.3bHK$60.5b-HK$9,737,090,937.1515.5x-19.3x3.1x
Wed, 23 Oct 2024HK$172.6bHK$59.5b-HK$12,647,306,937.3915.9x-13.6x2.9x
Fri, 20 Sep 2024HK$134.6bHK$60.1b-HK$12,786,897,300.4214x-10.5x2.2x
Sun, 18 Aug 2024HK$115.0bHK$56.0b-HK$12,339,357,583.5817.3x-9.3x2.1x
Tue, 16 Jul 2024HK$131.4bHK$55.2b-HK$12,285,348,040.0015.1x-10.7x2.4x
Thu, 13 Jun 2024HK$141.4bHK$55.4b-HK$14,801,297,419.1517.4x-9.6x2.6x
Sat, 11 May 2024HK$150.2bHK$55.8b-HK$14,888,258,593.3115.1x-10.1x2.7x
Mon, 08 Apr 2024HK$121.1bHK$55.8b-HK$14,897,714,478.2317x-8.1x2.2x
Wed, 06 Mar 2024HK$100.0bHK$52.5b-HK$14,597,157,700.1811.2x-6.9x1.9x
Fri, 02 Feb 2024HK$94.2bHK$52.6b-HK$14,623,703,015.0011.5x-6.4x1.8x
Sun, 31 Dec 2023HK$152.6bHK$60.9b-HK$14,369,306,970.009.5x-10.6x2.5x
Tue, 28 Nov 2023HK$151.4bHK$59.5b-HK$8,252,582,856.0020.4x-18.3x2.5x
Thu, 26 Oct 2023HK$130.4bHK$58.7b-HK$8,142,621,625.0012.9x-16x2.2x
Sat, 23 Sep 2023HK$132.0bHK$50.6b-HK$8,635,612,599.0015x-15.3x2.6x
Mon, 21 Aug 2023HK$150.5bHK$47.9b-HK$8,622,237,872.0021.9x-17.5x3.1x
Wed, 19 Jul 2023HK$159.4bHK$47.7b-HK$9,370,119,868.0022.8x-17x3.3x
Fri, 16 Jun 2023HK$182.3bHK$47.8b-HK$9,386,542,886.0022.8x-19.4x3.8x
Sun, 14 May 2023HK$181.4bHK$49.3b-HK$9,955,090,290.0018x-18.2x3.7x
Tue, 11 Apr 2023HK$235.9bHK$49.9b-HK$10,303,699,030.0018.9x-22.9x4.7x
Thu, 09 Mar 2023HK$211.6bHK$47.1b-HK$24,577,943,956.0016.6x-8.6x4.5x
Price to Earnings Ratio

-8.6x


Total Market Cap: HK$211.6bTotal Earnings: -HK$24,577,943,956.00Total Revenue: HK$47.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Application Software Industry Price to Earnings3Y Average -23.7x202420252026
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 6.0x.
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 12% 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 Market0.15%
Tech1.26%
Software-10.51%
Application Software-6.21%
Systems Software-39.24%
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
2718 Mininglamp TechnologyHK$266.603.4%
+HK$1.3b
n/aPS23.2x
2571 Beijing Saimo TechnologyHK$13.792.1%
+HK$37.3m
4.9%PE27.1x
8076 Sing Lee Software (Group)HK$0.0283.7%
+HK$1.3m
7.7%PS0.6x
8060 Global Link Communications HoldingsHK$0.102.0%
+HK$652.8k
10.9%PS0.2x

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