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

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 6.3x is higher than the industry's current PS ratio of 4.6x.

How does Hong Kong Application Software compare with similar industries?

There is insufficient data on the sub-industries of this industry.

Hong Kong (HSI) Application Software Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 10 Aug 2022	HK$207.7b	HK$45.6b	-HK$41,693,614,059.00	13.7x	-5x	4.6x
Fri, 08 Jul 2022	HK$239.3b	HK$44.2b	-HK$41,881,042,575.00	13.8x	-5.7x	5.4x
Sun, 05 Jun 2022	HK$321.9b	HK$38.9b	-HK$40,649,225,291.00	13.3x	-7.9x	8.3x
Tue, 03 May 2022	HK$304.7b	HK$39.2b	-HK$40,425,787,720.00	15x	-7.5x	7.8x
Thu, 31 Mar 2022	HK$344.0b	HK$38.5b	-HK$38,745,597,903.00	20.1x	-8.9x	8.9x
Sat, 26 Feb 2022	HK$145.7b	HK$30.9b	-HK$18,511,615,790.00	13.4x	-7.9x	4.7x
Mon, 24 Jan 2022	HK$167.6b	HK$29.8b	-HK$17,707,156,600.00	14x	-9.5x	5.6x
Wed, 22 Dec 2021	HK$173.0b	HK$29.7b	-HK$17,640,357,805.00	13.5x	-9.8x	5.8x
Fri, 19 Nov 2021	HK$195.1b	HK$29.7b	-HK$17,603,357,787.00	13.7x	-11.1x	6.6x
Sun, 17 Oct 2021	HK$208.3b	HK$29.6b	-HK$17,356,309,599.00	15x	-12x	7x
Tue, 14 Sep 2021	HK$247.5b	HK$36.7b	-HK$16,002,150,653.93	15.6x	-15.5x	6.7x
Thu, 12 Aug 2021	HK$258.1b	HK$36.7b	-HK$16,002,150,653.93	14.8x	-16.1x	7x
Mon, 07 Jun 2021	HK$344.0b	HK$34.7b	-HK$7,888,139,584.75	14.8x	-43.6x	9.9x
Sun, 28 Feb 2021	HK$324.2b	HK$31.3b	HK$992.5m	14.1x	326.7x	10.3x
Wed, 02 Dec 2020	HK$235.3b	HK$33.6b	-HK$773,248,844.23	15.3x	-304.3x	7x
Sat, 05 Sep 2020	HK$206.2b	HK$31.1b	-HK$487,665,787.38	26.3x	-422.9x	6.6x
Tue, 09 Jun 2020	HK$128.9b	HK$26.3b	HK$570.3m	21.4x	226x	4.9x
Mon, 02 Mar 2020	HK$113.8b	HK$26.3b	HK$942.4m	19.7x	120.8x	4.3x
Thu, 05 Dec 2019	HK$81.5b	HK$24.4b	HK$1.0b	14.5x	81.4x	3.3x
Sun, 08 Sep 2019	HK$77.8b	HK$24.8b	-HK$48,328,756.25	13.7x	-1610.8x	3.1x


HK Market	1.51%
Tech	4.06%
Software	2.31%
Application Software	2.19%
Systems Software	4.21%

Company	Last Price	7D	1Y	Valuation
268 Kingdee International Software Group	HK$16.42	1.6% +HK$903.5m	-35.0%	PS11.8x
2121 Qingdao AInnovation Technology Group	HK$18.62	7.9% +HK$760.7m	n/a	PS10.4x
8083 China Youzan	HK$0.16	13.0% +HK$331.6m	-86.7%	PS1.7x
2392 Xuan Wu Cloud Technology Holdings	HK$6.29	3.6% +HK$123.3m	n/a	PE208.9x
1588 Chanjet Information Technology	HK$6.88	3.0% +HK$65.2m	-38.6%	PS3.3x

Aug 10

SenseTime Creates the First AI Chinese Chess Robot for Family Entertainment with Endorsement from Olympic Gold Medalist Guo Jingjing

SenseTime, has launched its first consumer product "SenseRobot", an AI interactive Xiangqi (Chinese Chess) robot for family entertainment, further expanding its "smart life" product offerings. The product has been certified by the Chinese Xiangqi Association, with Guo Jingjing, the multiple Olympic gold medallist, as chief product experience officer. Through its cutting-edge AI technology and the leading industrial grade robotic arm technology, SenseTime has developed a physical AI Chinese chess robot that can teach and play chess face-to-face with users, furthering the promotion of traditional Chinese chess culture with technology. Smart Life is one of SenseTime's four major businesses, for which SenseTime has been committed to improving end-users' experience and advancing the interconnection of physical and digital worlds. SenseRobot, as its first product facing consumers, lays an important foundation to expand its Smart Life business. SenseRobot has an appealing, simple, high-tech design and an appearance of a small astronaut. It offers players different playing modes including AI Chinese chess learning, endgame challenge, Chinese chess breakthrough and final challenge as well as multiple skill levels to choose from, starting with "basic" to explain Chinese chess to more than 100 endgame settings and 26 levels of matches. SenseRobot is highly praised for its combination of advanced Chinese chess skills, ability to match players at different levels and human-like responses through AI deep learning and self-training. Its advanced AI features not only teach children to play Chinese chess, but also challenge the player's strategic thinking while enjoying the fun of the game. Through SenseTime's leading AI technology and industrial grade robotic arm technology, SenseRobot was created into a physical AI robot that can be placed on the desk without straining eyesight, which is a common side effect of popular online chess games played on screens. What is especially appealing is the robot's ability to strengthen family bonds, providing an opportunity for the whole family to participate and interact together. It enhances emotional communication and engagement between children and other family members. SenseRobot can achieve millimeter level of operation accuracy and ensure a smooth game process. It is certified by the Chinese Xiangqi Association, an organization promoting Chinese chess under the General Administration of Sport of China, and providing professional courses to users. It can also perform assessments for level 16-13 in the official Chinese chess level examination. SenseRobot is officially available for pre-sale from on Tmall. The standard version is priced at RMB 1,999, and the Pro version is priced at RMB 2,499.

Hong Kong (HSI) Application Software Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

20

SenseTime Creates the First AI Chinese Chess Robot for Family Entertainment with Endorsement from Olympic Gold Medalist Guo Jingjing

8083

Second quarter 2022 earnings released: CN¥0.004 loss per share (vs CN¥0.006 loss in 2Q 2021)

2013

Consensus EPS estimates fall by 16%

1675

Asiainfo Technologies Limited Provides Earnings Guidance for the Year 2022

418

Founder Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

1522

BII Railway Transportation Technology Holdings Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

268

Kingdee International Software Group Company Limited to Report First Half, 2022 Results on Aug 18, 2022

6638

OneConnect Financial Technology Co., Ltd. to Report Q2, 2022 Results on Aug 17, 2022

9911

Newborn Town Inc. Provides Earnings Guidance for the Half-Year Ended 30 June 2022

3738

Vobile Group Limited announced that it expects to receive HKD 117 million in funding from Lucion International Investment Limited

596

Inspur International Limited Announces Change in Composition of Remuneration Committee

2121

Qingdao Ainnovation Technology Group Co., Ltd. Announces Resignation of Zhou Wei as Non-Executive Director and Member of the Remuneration Committee

1588

Chanjet Information Technology Appoints Ms. Wu Xiaoqing as an Independent Non-Executive Director

2392

Xuan Wu Cloud Technology Holdings Limited has completed an IPO in the amount of HKD 214.59672 million.

9959

Slowing Rates Of Return At Linklogis (HKG:9959) Leave Little Room For Excitement

8048

First quarter 2022 earnings released: HK$0.001 loss per share (vs HK$0.001 loss in 1Q 2021)