New Narrative • May 16
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- 7D-2.5%
- 3M-36.8%
- 1Y-33.8%
- YTDn/a
Over the last 7 days, the Systems Software industry has dropped 2.5%, driven by Beijing Haizhi Technology Group declining 5.5%. In contrast, Knowledge Atlas Technology has gained 13%. Overall the industry is down 34% in 12 months. As for the next few years, earnings are expected to grow by 95% per annum.
Industry Valuation and Performance
Has the Hong Kong Systems Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 17 May 2026 | HK$53.9b | HK$7.0b | -HK$1,315,380,525.32 | 4.8x | -41x | 7.7x |
| Tue, 14 Apr 2026 | HK$61.2b | HK$7.0b | -HK$1,311,130,415.74 | 5.6x | -46.7x | 8.8x |
| Thu, 12 Mar 2026 | HK$36.4b | HK$2.7b | -HK$398,465,963.51 | 7.4x | -91.4x | 13.6x |
| Sat, 07 Feb 2026 | HK$2.0b | HK$2.0b | -HK$222,419,398.65 | 5.8x | -9x | 1x |
| Mon, 05 Jan 2026 | HK$2.0b | HK$2.0b | -HK$220,726,950.38 | 6.2x | -9.2x | 1x |
| Wed, 03 Dec 2025 | HK$2.0b | HK$2.0b | -HK$218,939,115.47 | 6x | -9.3x | 1x |
| Fri, 31 Oct 2025 | HK$2.0b | HK$2.1b | -HK$155,023,888.55 | 5.9x | -13x | 1x |
| Sun, 28 Sep 2025 | HK$2.3b | HK$2.1b | -HK$154,886,631.37 | 6.2x | -15.1x | 1.1x |
| Tue, 26 Aug 2025 | HK$2.4b | HK$1.6b | -HK$151,189,386.46 | 11.7x | -16x | 1.5x |
| Thu, 24 Jul 2025 | HK$2.0b | HK$1.6b | -HK$776,060,778.67 | 12x | -2.6x | 1.3x |
| Sat, 21 Jun 2025 | HK$6.5b | HK$3.2b | -HK$949,604,435.24 | 11.1x | -6.8x | 2x |
| Mon, 19 May 2025 | HK$7.0b | HK$3.2b | -HK$941,638,297.06 | 11.5x | -7.4x | 2.2x |
| Wed, 16 Apr 2025 | HK$6.9b | HK$3.1b | -HK$921,745,741.29 | 11.7x | -7.5x | 2.2x |
| Fri, 14 Mar 2025 | HK$8.7b | HK$3.1b | -HK$1,673,723,729.00 | 25.9x | -5.2x | 2.8x |
| Sun, 09 Feb 2025 | HK$8.7b | HK$3.1b | -HK$1,674,317,718.42 | 27.2x | -5.2x | 2.8x |
| Tue, 07 Jan 2025 | HK$6.9b | HK$3.0b | -HK$1,663,251,650.99 | 31.1x | -4.2x | 2.3x |
| Thu, 05 Dec 2024 | HK$8.1b | HK$3.1b | -HK$1,677,457,728.43 | 33.3x | -4.8x | 2.6x |
| Sat, 02 Nov 2024 | HK$8.2b | HK$3.2b | -HK$1,691,474,111.68 | 18.3x | -4.9x | 2.6x |
| Mon, 30 Sep 2024 | HK$8.3b | HK$3.2b | -HK$1,716,156,496.79 | 22.7x | -4.9x | 2.6x |
| Wed, 28 Aug 2024 | HK$6.4b | HK$3.2b | -HK$1,691,118,777.30 | 11.2x | -3.8x | 2x |
| Fri, 26 Jul 2024 | HK$7.0b | HK$3.2b | -HK$1,516,890,234.38 | 11.6x | -4.6x | 2.2x |
| Sun, 23 Jun 2024 | HK$9.0b | HK$3.2b | -HK$1,491,812,096.63 | 8.6x | -6x | 2.8x |
| Tue, 21 May 2024 | HK$6.8b | HK$2.7b | -HK$630,978,301.34 | 8.4x | -10.8x | 2.5x |
| Thu, 18 Apr 2024 | HK$4.8b | HK$2.7b | -HK$632,950,172.87 | 8.3x | -7.5x | 1.8x |
| Sat, 16 Mar 2024 | HK$5.1b | HK$2.8b | -HK$1,038,803,063.04 | 5.5x | -4.9x | 1.8x |
| Mon, 12 Feb 2024 | HK$4.3b | HK$2.8b | -HK$1,045,448,528.58 | 5.1x | -4.1x | 1.6x |
| Wed, 10 Jan 2024 | HK$5.2b | HK$2.8b | -HK$1,047,987,502.00 | 6.7x | -4.9x | 1.9x |
| Fri, 08 Dec 2023 | HK$5.9b | HK$2.8b | -HK$1,046,810,712.00 | 7.1x | -5.6x | 2.1x |
| Sun, 05 Nov 2023 | HK$7.0b | HK$2.6b | -HK$1,013,991,301.00 | 7.2x | -6.9x | 2.6x |
| Tue, 03 Oct 2023 | HK$7.0b | HK$2.7b | -HK$1,015,602,117.00 | 6.3x | -6.9x | 2.6x |
| Thu, 31 Aug 2023 | HK$8.4b | HK$2.6b | -HK$1,042,672,909.00 | 9.4x | -8.1x | 3.2x |
| Sat, 29 Jul 2023 | HK$8.9b | HK$2.8b | -HK$1,328,807,850.00 | 10.5x | -6.7x | 3.1x |
| Mon, 26 Jun 2023 | HK$7.1b | HK$2.8b | -HK$1,330,275,571.00 | 10.7x | -5.3x | 2.5x |
| Wed, 24 May 2023 | HK$7.5b | HK$2.8b | -HK$1,362,741,707.00 | 9.1x | -5.5x | 2.7x |
Price to Earnings Ratio
-5.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Systems Software industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 7.7x.
Past Earnings Growth
- Losses for companies in the Systems Software industry have mostly stayed the same over the last three years.
- Meanwhile revenues for these companies have grown 36% 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 and as a result, losses haven't seen much improvement.
Industry Comparison
How does Hong Kong Systems Software compare with similar industries?
| HK Market | -1.69% | |
| Tech | -3.75% | |
| Software | -8.68% | |
| Systems Software | -2.47% | |
| Application Software | -9.48% | |
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 | |
|---|---|---|---|---|---|
| 2513 Knowledge Atlas Technology | HK$1.04k | 12.7% +HK$52.2b | n/a | PS556.5x | |
| 100 MiniMax Group | HK$794.00 | 6.9% +HK$16.2b | n/a | PS402.4x | |
| 6636 Shandong Extreme Vision Technology | HK$100.20 | 6.4% +HK$677.5m | n/a | PS33.7x | |
| 1808 Enterprise Development Holdings | HK$1.34 | 3.1% +HK$9.8m | -63.8% | PE1.9x |