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Hong Kong (HSI) Software Industry Analysis

UpdatedMay 09, 2025
DataAggregated Company Financials
Companies40
  • 7D3.2%
  • 3M-2.1%
  • 1Y12.4%
  • YTD22.2%

In the last week, the Software industry is up 4.8%, with Horizon Robotics up 6.9%. In the last 12 months, the industry was up 16%. Looking forward, earnings are forecast to grow by 39% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 May 2025HK$305.4bHK$62.0b-HK$10,490,631,887.0228.2x-29.1x4.9x
Sun, 06 Apr 2025HK$298.0bHK$61.6b-HK$10,432,460,540.4925.4x-28.6x4.8x
Tue, 04 Mar 2025HK$230.9bHK$58.8b-HK$11,839,311,525.0930.9x-19.5x3.9x
Thu, 30 Jan 2025HK$212.2bHK$59.3b-HK$11,956,807,985.9022.9x-17.8x3.6x
Sat, 28 Dec 2024HK$232.6bHK$63.0b-HK$11,300,903,551.2020.4x-20.6x3.7x
Mon, 25 Nov 2024HK$195.9bHK$63.6b-HK$11,401,684,938.6417.7x-17.2x3.1x
Wed, 23 Oct 2024HK$180.6bHK$62.7b-HK$14,338,136,339.0817.3x-12.6x2.9x
Fri, 20 Sep 2024HK$140.5bHK$63.3b-HK$14,489,748,174.1411.3x-9.7x2.2x
Sun, 18 Aug 2024HK$121.4bHK$59.2b-HK$13,637,814,201.3114.1x-8.9x2.1x
Tue, 16 Jul 2024HK$139.4bHK$58.4b-HK$13,795,701,058.9713.3x-10.1x2.4x
Thu, 13 Jun 2024HK$150.2bHK$58.6b-HK$16,295,659,327.5414.8x-9.2x2.6x
Sat, 11 May 2024HK$156.6bHK$58.5b-HK$15,521,026,693.8113.5x-10.1x2.7x
Mon, 08 Apr 2024HK$126.2bHK$58.5b-HK$15,530,861,187.6514.4x-8.1x2.2x
Wed, 06 Mar 2024HK$104.7bHK$55.3b-HK$15,635,655,179.998.7x-6.7x1.9x
Fri, 02 Feb 2024HK$98.6bHK$55.4b-HK$15,665,784,327.009.9x-6.3x1.8x
Sun, 31 Dec 2023HK$158.6bHK$63.7b-HK$15,421,384,248.009.5x-10.3x2.5x
Tue, 28 Nov 2023HK$158.2bHK$62.2b-HK$9,287,293,200.0014.9x-17x2.5x
Thu, 26 Oct 2023HK$137.0bHK$61.4b-HK$9,154,935,780.0012.4x-15x2.2x
Sat, 23 Sep 2023HK$139.2bHK$53.2b-HK$9,653,669,775.0015x-14.4x2.6x
Mon, 21 Aug 2023HK$158.1bHK$50.7b-HK$9,919,947,280.0020.7x-15.9x3.1x
Wed, 19 Jul 2023HK$166.3bHK$50.5b-HK$10,698,046,249.0020.2x-15.5x3.3x
Fri, 16 Jun 2023HK$191.3bHK$50.6b-HK$10,726,433,807.0018.3x-17.8x3.8x
Sun, 14 May 2023HK$189.1bHK$52.2b-HK$11,337,067,934.0016.1x-16.7x3.6x
Tue, 11 Apr 2023HK$245.1bHK$52.8b-HK$11,705,833,768.0016.1x-20.9x4.6x
Thu, 09 Mar 2023HK$221.9bHK$50.2b-HK$25,893,113,042.0013.8x-8.6x4.4x
Sat, 04 Feb 2023HK$262.0bHK$51.0b-HK$26,871,166,328.0018.2x-9.7x5.1x
Mon, 02 Jan 2023HK$225.3bHK$49.9b-HK$26,096,494,421.0016.2x-8.6x4.5x
Wed, 30 Nov 2022HK$182.3bHK$48.2b-HK$25,008,911,400.0012.4x-7.3x3.8x
Fri, 28 Oct 2022HK$149.4bHK$48.6b-HK$25,574,209,807.0017.1x-5.8x3.1x
Sun, 25 Sep 2022HK$177.1bHK$48.8b-HK$25,732,546,913.0012.9x-6.9x3.6x
Tue, 23 Aug 2022HK$211.5bHK$49.2b-HK$41,776,403,646.0020x-5.1x4.3x
Thu, 21 Jul 2022HK$237.3bHK$48.6b-HK$42,157,759,634.0013.6x-5.6x4.9x
Sat, 18 Jun 2022HK$360.5bHK$42.0b-HK$40,904,661,281.0013.8x-8.8x8.6x
Mon, 16 May 2022HK$288.4bHK$41.6b-HK$39,975,485,305.0015x-7.2x6.9x
Price to Earnings Ratio

-7.2x


Total Market Cap: HK$288.4bTotal Earnings: -HK$39,975,485,305.00Total Revenue: HK$41.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Software Industry Price to Earnings3Y Average -12.3x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong Software industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Tech industry?

HK Market2.26%
Tech0.93%
Software3.20%
Application Software3.27%
Systems Software0.28%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 105% over the next 5 years.
    • However this is lower than its past earnings growth rate of 608% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 37% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    1675 AsiaInfo TechnologiesHK$9.928.1%
    +HK$693.6m
    34.6%PE15.9x
    2556 Marketingforce ManagementHK$42.655.6%
    +HK$576.6m
    n/aPS6.5x
    418 Founder HoldingsHK$1.0215.9%
    +HK$168.0m
    88.9%PE25.6x
    2571 Beijing Saimo TechnologyHK$13.088.8%
    +HK$141.3m
    n/aPE30.3x
    8029 Imperium Financial GroupHK$0.6534.0%
    +HK$38.5m
    -36.9%PS10.6x
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    Latest News

    418

    HK$1.02

    Founder Holdings

    7D

    15.9%

    1Y

    88.9%

    8635

    HK$0.63

    Novacon Technology Group

    7D

    6.8%

    1Y

    505.8%

    8029

    HK$0.65

    Imperium Financial Group

    7D

    34.0%

    1Y

    -36.9%

    2571

    HK$13.08

    Beijing Saimo Technology

    7D

    8.8%

    1Y

    n/a

    3738

    HK$3.19

    Vobile Group

    7D

    -3.9%

    1Y

    93.3%

    2586

    HK$10.66

    Dmall

    7D

    -4.1%

    1Y

    n/a

    2167

    HK$2.73

    TI Cloud

    7D

    4.2%

    1Y

    15.2%

    1588

    HK$6.70

    Chanjet Information Technology

    7D

    1.5%

    1Y

    83.6%

    909

    HK$2.87

    Ming Yuan Cloud Group Holdings

    7D

    -5.0%

    1Y

    -2.7%

    268

    HK$13.24

    Kingdee International Software Group

    7D

    -4.2%

    1Y

    40.6%

    20

    HK$1.49

    SenseTime Group

    7D

    -3.9%

    1Y

    1.4%

    2562

    HK$17.80

    Synagistics

    7D

    -7.6%

    1Y

    143.8%

    9669

    HK$5.80

    Beisen Holding

    7D

    -6.3%

    1Y

    18.4%