Lacklustre Performance Is Driving TI Cloud Inc.'s (HKG:2167) 28% Price Drop
Feb 16
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Application Software Industry Analysis
UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies36
- 7D-7.6%
- 3M-3.7%
- 1Y-11.6%
- YTDn/a
Over the last 7 days, the Application Software industry has remained flat, although notably Mininglamp Technology gained 8.9%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 53% annually.
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, 26 Feb 2026 | HK$416.0b | HK$66.7b | -HK$7,935,712,962.14 | 24.2x | -52.4x | 6.2x |
| Sat, 24 Jan 2026 | HK$464.6b | HK$65.7b | -HK$7,804,987,574.05 | 26.1x | -59.5x | 7.1x |
| Mon, 22 Dec 2025 | HK$380.4b | HK$64.1b | -HK$7,696,253,745.10 | 26x | -49.4x | 5.9x |
| Wed, 19 Nov 2025 | HK$393.4b | HK$65.2b | -HK$8,450,876,868.07 | 26.1x | -46.6x | 6x |
| Fri, 17 Oct 2025 | HK$436.5b | HK$65.0b | -HK$8,431,946,567.31 | 23.4x | -51.8x | 6.7x |
| Sun, 14 Sep 2025 | HK$467.7b | HK$65.1b | -HK$8,459,686,814.63 | 25.3x | -55.3x | 7.2x |
| Tue, 12 Aug 2025 | HK$368.4b | HK$60.4b | -HK$9,965,548,661.66 | 29.4x | -37x | 6.1x |
| Thu, 10 Jul 2025 | HK$322.1b | HK$61.9b | -HK$9,761,877,328.04 | 28.2x | -33x | 5.2x |
| Sat, 07 Jun 2025 | HK$294.7b | HK$59.4b | -HK$9,700,797,941.79 | 29.6x | -30.4x | 5x |
| Mon, 05 May 2025 | HK$305.9b | HK$58.4b | -HK$9,483,947,831.85 | 28x | -32.3x | 5.2x |
| Wed, 02 Apr 2025 | HK$297.0b | HK$58.6b | -HK$9,528,556,197.95 | 30.4x | -31.2x | 5.1x |
| Fri, 28 Feb 2025 | HK$234.1b | HK$56.0b | -HK$10,220,166,636.68 | 32.8x | -22.9x | 4.2x |
| Sun, 26 Jan 2025 | HK$198.8b | HK$56.2b | -HK$10,271,102,901.39 | 23x | -19.4x | 3.5x |
| Tue, 24 Dec 2024 | HK$212.1b | HK$60.0b | -HK$9,644,894,640.84 | 17.6x | -22x | 3.5x |
| Thu, 21 Nov 2024 | HK$195.7b | HK$60.4b | -HK$9,694,382,042.61 | 16.2x | -20.2x | 3.2x |
| Sat, 19 Oct 2024 | HK$176.9b | HK$59.6b | -HK$12,672,131,446.20 | 15.9x | -14x | 3x |
| Mon, 16 Sep 2024 | HK$130.4b | HK$59.9b | -HK$12,741,282,089.22 | 13.8x | -10.2x | 2.2x |
| Wed, 14 Aug 2024 | HK$113.6b | HK$55.8b | -HK$12,462,579,290.05 | 10.4x | -9.1x | 2x |
| Fri, 12 Jul 2024 | HK$137.2b | HK$55.2b | -HK$12,284,560,873.45 | 15.1x | -11.2x | 2.5x |
| Sun, 09 Jun 2024 | HK$143.0b | HK$55.4b | -HK$14,816,378,292.74 | 17.4x | -9.7x | 2.6x |
| Tue, 07 May 2024 | HK$159.0b | HK$55.9b | -HK$14,913,965,255.53 | 15.9x | -10.7x | 2.8x |
| Thu, 04 Apr 2024 | HK$122.4b | HK$55.8b | -HK$14,912,833,972.89 | 11.5x | -8.2x | 2.2x |
| Sat, 02 Mar 2024 | HK$104.2b | HK$52.6b | -HK$14,610,082,820.16 | 10.6x | -7.1x | 2x |
| Mon, 29 Jan 2024 | HK$137.6b | HK$61.2b | -HK$14,188,640,693.00 | 12.8x | -9.7x | 2.2x |
| Wed, 27 Dec 2023 | HK$137.6b | HK$60.6b | -HK$14,309,024,365.00 | 16.3x | -9.6x | 2.3x |
| Fri, 24 Nov 2023 | HK$155.1b | HK$59.6b | -HK$8,261,234,354.00 | 21.1x | -18.8x | 2.6x |
| Sun, 22 Oct 2023 | HK$121.8b | HK$50.6b | -HK$8,629,125,813.00 | 12.4x | -14.1x | 2.4x |
| Tue, 19 Sep 2023 | HK$135.6b | HK$50.7b | -HK$8,644,907,713.00 | 15.1x | -15.7x | 2.7x |
| Thu, 17 Aug 2023 | HK$152.3b | HK$47.4b | -HK$8,679,897,021.00 | 23x | -17.5x | 3.2x |
| Sat, 15 Jul 2023 | HK$165.3b | HK$47.9b | -HK$9,423,919,990.00 | 23x | -17.5x | 3.4x |
| Mon, 12 Jun 2023 | HK$174.3b | HK$48.1b | -HK$9,462,519,023.00 | 21.8x | -18.4x | 3.6x |
| Wed, 10 May 2023 | HK$182.4b | HK$49.6b | -HK$10,220,146,319.00 | 18x | -17.8x | 3.7x |
| Fri, 07 Apr 2023 | HK$235.9b | HK$46.4b | -HK$10,342,539,053.00 | 17.8x | -22.8x | 5.1x |
| Sun, 05 Mar 2023 | HK$225.8b | HK$46.8b | -HK$24,919,451,970.00 | 16.4x | -9.1x | 4.8x |
Price to Earnings Ratio
-9.1x
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 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 | 0.50% | |
| Tech | -0.25% | |
| Software | -7.83% | |
| Application Software | -7.63% | |
| Systems Software | -9.60% | |
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 | |
|---|---|---|---|---|---|
| 2718 Mininglamp Technology | HK$255.80 | 4.9% +HK$1.7b | n/a | PS22.1x | |
| 2531 GL-Carlink Technology Holding | HK$6.69 | 10.2% +HK$227.3m | -83.3% | PE48x | |
| 2167 TI Cloud | HK$3.53 | 3.8% +HK$22.5m | 32.2% | PE11.2x | |
| 2392 Xuan Wu Cloud Technology Holdings | HK$1.55 | 1.3% +HK$10.9m | 47.6% | PS0.8x | |
| 2571 Beijing Saimo Technology | HK$13.32 | 0.6% +HK$10.7m | -5.5% | PE26x |
