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Hong Kong (HSI) Application Software Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies31
  • 7D-8.7%
  • 3M-16.4%
  • 1Y-56.1%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 2.5%, driven by Beijing Fourth Paradigm Technology declining 9.5%. Meanwhile, Inspur Digital Enterprise Technology actually outperformed within the industry, gaining 5.9% in the last week. However, the industry is down 56% over the past year. As for the next few years, earnings are expected to grow by 60% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Tue, 24 Jan 2023HK$221.2bHK$47.5b-HK$25,297,463,377.0019.1x-8.7x4.7x
Thu, 22 Dec 2022HK$198.2bHK$46.2b-HK$24,454,872,797.0015x-8.1x4.3x
Sat, 19 Nov 2022HK$185.4bHK$45.5b-HK$23,934,495,022.0012.5x-7.7x4.1x
Mon, 17 Oct 2022HK$128.3bHK$45.4b-HK$24,217,432,057.0019.1x-5.3x2.8x
Wed, 14 Sep 2022HK$191.5bHK$46.7b-HK$25,094,334,090.0012.8x-7.6x4.1x
Fri, 12 Aug 2022HK$207.1bHK$45.6b-HK$41,687,282,554.0013x-5x4.5x
Sun, 10 Jul 2022HK$240.7bHK$45.5b-HK$41,964,079,463.0014.9x-5.7x5.3x
Tue, 07 Jun 2022HK$330.9bHK$38.9b-HK$40,649,225,291.0013.3x-8.1x8.5x
Thu, 05 May 2022HK$293.3bHK$39.2b-HK$40,431,282,313.0014.6x-7.3x7.5x
Sat, 02 Apr 2022HK$342.1bHK$40.2b-HK$41,800,052,817.0018.8x-8.2x8.5x
Mon, 28 Feb 2022HK$153.3bHK$30.9b-HK$18,509,666,750.0016x-8.3x5x
Wed, 26 Jan 2022HK$160.1bHK$29.8b-HK$17,729,682,625.0014.1x-9x5.4x
Fri, 24 Dec 2021HK$173.0bHK$29.7b-HK$17,653,720,171.0013.6x-9.8x5.8x
Sun, 21 Nov 2021HK$193.8bHK$29.7b-HK$17,583,311,577.0013.6x-11x6.5x
Tue, 19 Oct 2021HK$209.5bHK$29.6b-HK$17,356,309,599.0015.7x-12.1x7.1x
Thu, 16 Sep 2021HK$233.4bHK$36.7b-HK$16,002,150,653.9316.2x-14.6x6.4x
Sat, 14 Aug 2021HK$252.5bHK$36.7b-HK$16,002,150,653.9314.8x-15.8x6.9x
Wed, 09 Jun 2021HK$344.0bHK$34.7b-HK$7,888,139,584.7514.8x-43.6x9.9x
Price to Earnings Ratio

531.1x


Total Market Cap: HK$278.4bTotal Earnings: HK$524.2mTotal Revenue: HK$33.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Application Software Industry Price to Earnings3Y Average 1.8x202220232024
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 5.1x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • Total earnings for the Application Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 19% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Hong Kong Application Software compare with similar industries?

HK Market-0.59%
Tech-4.73%
Software-8.58%
Application Software-8.72%
Systems Software-5.32%
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
9959 LinklogisHK$1.4418.0%
+HK$466.6m
-59.7%PS3.3x
2392 Xuan Wu Cloud Technology HoldingsHK$1.7014.1%
+HK$117.7m
-45.3%PS0.8x
2121 Qingdao AInnovation Technology GroupHK$6.971.8%
+HK$66.8m
-55.4%PS2x
1588 Chanjet Information TechnologyHK$3.613.7%
+HK$42.4m
-23.2%PS1.5x
8353 Anacle SystemsHK$0.406.7%
+HK$10.1m
5.3%PE11x
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268

HK$8.91

Kingdee International Software Group

7D

-7.2%

1Y

-31.6%

8083

HK$0.081

China Youzan

7D

-6.9%

1Y

-63.5%

1675

HK$7.06

AsiaInfo Technologies

7D

-5.7%

1Y

-51.3%

8353

HK$0.40

Anacle Systems

7D

6.7%

1Y

5.3%

2121

HK$6.97

Qingdao AInnovation Technology Group

7D

1.8%

1Y

-55.4%

1588

HK$3.61

Chanjet Information Technology

7D

3.7%

1Y

-23.2%

2013

HK$1.89

Weimob

7D

-13.3%

1Y

-66.5%

2392

HK$1.70

Xuan Wu Cloud Technology Holdings

7D

14.1%

1Y

-45.3%

8131

HK$0.13

abc Multiactive

7D

6.8%

1Y

152.0%