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Hong Kong (HSI) Application Software Industry Analysis

UpdatedSep 05, 2025
DataAggregated Company Financials
Companies35
  • 7D-6.9%
  • 3M26.7%
  • 1Y69.2%
  • YTDn/a

The Application Software is pretty flat in the last 7 days, but Linklogis has stood out, gaining 3.8%. The past year has been better, since the industry has gained 77% in that time. Earnings are forecast to grow by 51% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Sep 2025HK$429.0bHK$65.1b-HK$8,456,598,781.3325.3x-50.7x6.6x
Sun, 03 Aug 2025HK$347.7bHK$60.7b-HK$9,775,509,429.7730.1x-35.6x5.7x
Tue, 01 Jul 2025HK$312.8bHK$59.5b-HK$9,634,495,884.3729.2x-32.5x5.3x
Thu, 29 May 2025HK$294.5bHK$59.6b-HK$9,704,850,399.3131x-30.3x4.9x
Sat, 26 Apr 2025HK$268.7bHK$58.4b-HK$9,470,539,692.8328x-28.4x4.6x
Mon, 24 Mar 2025HK$331.6bHK$58.7b-HK$11,595,110,658.3327.4x-28.6x5.6x
Wed, 19 Feb 2025HK$249.8bHK$55.9b-HK$10,207,370,527.1832.2x-24.5x4.5x
Fri, 17 Jan 2025HK$179.2bHK$55.6b-HK$10,148,311,722.7122.9x-17.7x3.2x
Sun, 15 Dec 2024HK$222.4bHK$60.2b-HK$9,685,970,876.0117.4x-23x3.7x
Tue, 12 Nov 2024HK$204.3bHK$60.4b-HK$12,907,910,250.7316.8x-15.8x3.4x
Thu, 10 Oct 2024HK$175.9bHK$59.9b-HK$12,747,549,492.3616.1x-13.8x2.9x
Sat, 07 Sep 2024HK$135.6bHK$59.2b-HK$12,804,005,957.3811.1x-10.6x2.3x
Mon, 05 Aug 2024HK$115.7bHK$56.0b-HK$12,467,176,543.9814.4x-9.3x2.1x
Wed, 03 Jul 2024HK$138.9bHK$55.2b-HK$12,282,733,352.9915.1x-11.3x2.5x
Fri, 31 May 2024HK$141.2bHK$55.5b-HK$14,855,452,699.6717.4x-9.5x2.5x
Sun, 28 Apr 2024HK$132.4bHK$55.7b-HK$14,869,224,338.9815.9x-8.9x2.4x
Tue, 26 Mar 2024HK$130.9bHK$56.5b-HK$15,239,851,740.3311.6x-8.6x2.3x
Thu, 22 Feb 2024HK$102.3bHK$52.6b-HK$14,607,454,774.9910.4x-7x1.9x
Sat, 20 Jan 2024HK$136.1bHK$61.5b-HK$14,265,942,050.0012.6x-9.5x2.2x
Mon, 18 Dec 2023HK$147.3bHK$60.7b-HK$14,332,982,007.0018.5x-10.3x2.4x
Wed, 15 Nov 2023HK$147.4bHK$58.9b-HK$8,163,407,148.0015.8x-18.1x2.5x
Fri, 13 Oct 2023HK$133.3bHK$50.6b-HK$8,646,205,530.0013.7x-15.4x2.6x
Sun, 10 Sep 2023HK$142.7bHK$50.5b-HK$8,611,220,681.0015.5x-16.6x2.8x
Tue, 08 Aug 2023HK$165.2bHK$47.7b-HK$9,330,564,192.0024.8x-17.7x3.5x
Thu, 06 Jul 2023HK$161.3bHK$47.3b-HK$9,286,395,595.0021.8x-17.4x3.4x
Sat, 03 Jun 2023HK$179.8bHK$48.6b-HK$9,553,295,874.0021.1x-18.8x3.7x
Mon, 01 May 2023HK$198.2bHK$49.7b-HK$10,245,467,085.0021x-19.3x4x
Wed, 29 Mar 2023HK$206.6bHK$47.9b-HK$21,235,034,391.0015.8x-9.7x4.3x
Fri, 24 Feb 2023HK$210.0bHK$46.9b-HK$24,941,023,028.0018.2x-8.4x4.5x
Sun, 22 Jan 2023HK$221.2bHK$47.4b-HK$25,285,206,895.0019.1x-8.7x4.7x
Tue, 20 Dec 2022HK$200.1bHK$46.2b-HK$24,420,619,342.0015.1x-8.2x4.3x
Thu, 17 Nov 2022HK$188.7bHK$46.0b-HK$24,309,103,361.0012.6x-7.8x4.1x
Sat, 15 Oct 2022HK$128.3bHK$45.5b-HK$24,282,558,464.0019.2x-5.3x2.8x
Mon, 12 Sep 2022HK$191.5bHK$46.7b-HK$25,094,334,090.0012.8x-7.6x4.1x
Price to Earnings Ratio

-7.6x


Total Market Cap: HK$191.5bTotal Earnings: -HK$25,094,334,090.00Total Revenue: HK$46.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Application Software Industry Price to Earnings3Y Average -16.2x202320242025
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 3.5x is lower than the industry's current PS ratio of 6.9x.
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 Market-0.99%
Tech-4.66%
Software-6.86%
Application Software-6.86%
Systems Software-5.94%
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$9.812.2%
+HK$2.9b
n/aPE56.3x
9959 LinklogisHK$2.9011.5%
+HK$591.8m
116.4%PS5.3x
2531 GL-Carlink Technology HoldingHK$12.7013.7%
+HK$560.9m
-4.1%PE95.4x
596 Inspur Digital Enterprise TechnologyHK$9.900.9%
+HK$103.7m
260.0%PE22.6x
1588 Chanjet Information TechnologyHK$8.013.2%
+HK$81.4m
132.2%PE31.1x

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