AsiaInfo Technologies Limited (HKG:1675) Stock's 32% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jul 24
Hong Kong (HSI) Application Software Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies29
- 7D-9.4%
- 3M0.7%
- 1Y-44.2%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 7.7%, driven by a pullback from SenseTime Group of 10%. On the other hand Marketingforce Management is actually up 12%. However, the industry is down 43% over the past year. As for the next few years, earnings are expected to grow by 57% per annum.
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, 25 Jul 2024 | HK$117.7b | HK$55.2b | -HK$12,265,388,320.20 | 15.1x | -9.6x | 2.1x |
| Sat, 22 Jun 2024 | HK$136.5b | HK$55.2b | -HK$14,779,977,266.89 | 16.6x | -9.2x | 2.5x |
| Mon, 20 May 2024 | HK$148.2b | HK$55.7b | -HK$14,867,707,477.84 | 15.9x | -10x | 2.7x |
| Wed, 17 Apr 2024 | HK$109.8b | HK$55.8b | -HK$14,896,180,065.07 | 16.6x | -7.4x | 2x |
| Fri, 15 Mar 2024 | HK$107.4b | HK$52.1b | -HK$14,381,720,374.39 | 11.5x | -7.5x | 2.1x |
| Sun, 11 Feb 2024 | HK$94.0b | HK$52.8b | -HK$14,674,753,067.21 | 10.6x | -6.4x | 1.8x |
| Tue, 09 Jan 2024 | HK$142.3b | HK$61.1b | -HK$14,155,339,449.00 | 9.5x | -10x | 2.3x |
| Thu, 07 Dec 2023 | HK$141.2b | HK$60.5b | -HK$14,263,052,461.00 | 16.6x | -9.9x | 2.3x |
| Sat, 04 Nov 2023 | HK$135.0b | HK$58.8b | -HK$8,155,680,839.00 | 12.5x | -16.6x | 2.3x |
| Mon, 02 Oct 2023 | HK$128.0b | HK$50.7b | -HK$8,650,499,602.00 | 14.5x | -14.8x | 2.5x |
| Wed, 30 Aug 2023 | HK$152.2b | HK$48.4b | -HK$8,516,066,744.00 | 20x | -17.9x | 3.1x |
| Fri, 28 Jul 2023 | HK$161.6b | HK$47.8b | -HK$9,396,201,291.00 | 22.8x | -17.2x | 3.4x |
| Sun, 25 Jun 2023 | HK$166.1b | HK$47.8b | -HK$9,376,540,417.00 | 22.8x | -17.7x | 3.5x |
| Tue, 23 May 2023 | HK$177.8b | HK$48.8b | -HK$9,812,870,138.00 | 18x | -18.1x | 3.6x |
| Thu, 20 Apr 2023 | HK$207.6b | HK$49.8b | -HK$10,275,331,293.00 | 21.9x | -20.2x | 4.2x |
| Sat, 18 Mar 2023 | HK$224.6b | HK$47.8b | -HK$24,597,417,345.00 | 17.8x | -9.1x | 4.7x |
| Mon, 13 Feb 2023 | HK$232.7b | HK$47.4b | -HK$25,271,862,090.00 | 17.8x | -9.2x | 4.9x |
| Wed, 11 Jan 2023 | HK$220.8b | HK$47.4b | -HK$25,238,594,955.00 | 20x | -8.7x | 4.7x |
| Fri, 09 Dec 2022 | HK$209.0b | HK$46.2b | -HK$24,445,126,436.00 | 13x | -8.6x | 4.5x |
| Sun, 06 Nov 2022 | HK$153.8b | HK$44.9b | -HK$23,855,371,361.00 | 18.6x | -6.4x | 3.4x |
| Tue, 04 Oct 2022 | HK$145.9b | HK$45.8b | -HK$24,474,780,144.00 | 13.1x | -6x | 3.2x |
| Thu, 01 Sep 2022 | HK$208.3b | HK$45.5b | -HK$25,190,660,083.00 | 26.9x | -8.3x | 4.6x |
| Sat, 30 Jul 2022 | HK$214.0b | HK$45.2b | -HK$41,628,109,606.00 | 13.1x | -5.1x | 4.7x |
| Mon, 27 Jun 2022 | HK$338.8b | HK$38.8b | -HK$40,512,145,898.00 | 11.1x | -8.4x | 8.7x |
| Wed, 25 May 2022 | HK$278.5b | HK$38.9b | -HK$40,733,432,179.00 | 12.8x | -6.8x | 7.2x |
| Fri, 22 Apr 2022 | HK$286.0b | HK$40.0b | -HK$41,627,305,020.00 | 16.8x | -6.9x | 7.1x |
| Sun, 20 Mar 2022 | HK$131.9b | HK$32.0b | -HK$18,277,912,785.00 | 13x | -7.2x | 4.1x |
| Tue, 15 Feb 2022 | HK$155.5b | HK$30.7b | -HK$18,373,186,039.00 | 15.2x | -8.5x | 5.1x |
| Thu, 13 Jan 2022 | HK$165.2b | HK$29.7b | -HK$17,631,647,967.00 | 13.6x | -9.4x | 5.6x |
| Sat, 11 Dec 2021 | HK$173.1b | HK$29.7b | -HK$17,621,761,822.00 | 13.3x | -9.8x | 5.8x |
| Mon, 08 Nov 2021 | HK$189.4b | HK$29.7b | -HK$17,469,621,688.00 | 16x | -10.8x | 6.4x |
| Wed, 06 Oct 2021 | HK$195.5b | HK$29.5b | -HK$17,341,749,587.00 | 14.5x | -11.3x | 6.6x |
| Fri, 03 Sep 2021 | HK$263.5b | HK$36.7b | -HK$16,002,150,653.93 | 14.8x | -16.5x | 7.2x |
| Sun, 01 Aug 2021 | HK$252.7b | HK$36.7b | -HK$16,002,150,653.93 | 12.6x | -15.8x | 6.9x |
Price to Earnings Ratio
-15.8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 2.2x.
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 15% 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 | -1.61% | |
| Tech | -3.96% | |
| Software | -9.51% | |
| Application Software | -9.35% | |
| Systems Software | -12.03% | |
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 | |
|---|---|---|---|---|---|
| 2556 Marketingforce Management | HK$96.15 | 10.5% +HK$2.2b | n/a | PS17.1x | |
| 418 Founder Holdings | HK$0.57 | 5.6% +HK$36.0m | -13.6% | PE11.4x | |
| 8148 Wuxi Life International Holdings Group | HK$0.17 | 22.2% +HK$11.5m | -80.4% | PS2.6x | |
| 8071 China Netcom Technology Holdings | HK$0.017 | 13.3% +HK$9.4m | -34.6% | PS3.6x | |
| 8076 Sing Lee Software (Group) | HK$0.014 | 27.3% +HK$4.0m | -22.2% | PS0.2x |
