Health Check: How Prudently Does Unisound AI Technology (HKG:9678) Use Debt?
Dec 29
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Software Industry Analysis
UpdatedDec 29, 2025
DataAggregated Company Financials
Companies41
- 7D-1.7%
- 3M-22.1%
- 1Y23.2%
- YTD33.4%
Over the last 7 days, the Software industry has dropped 1.7%, driven by a pullback from Horizon Robotics of 4.1%. In contrast, SenseTime Group has gained 13%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 50% per annum.
Industry Valuation and Performance
Has the Hong Kong Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 Dec 2025 | HK$396.9b | HK$66.8b | -HK$7,832,549,376.89 | 20.9x | -50.7x | 5.9x |
| Wed, 26 Nov 2025 | HK$390.3b | HK$65.7b | -HK$7,789,557,955.53 | 17x | -50.1x | 5.9x |
| Fri, 24 Oct 2025 | HK$426.0b | HK$67.1b | -HK$8,580,605,520.35 | 19.5x | -49.6x | 6.4x |
| Sun, 21 Sep 2025 | HK$490.3b | HK$67.2b | -HK$8,630,259,749.15 | 23.4x | -56.8x | 7.3x |
| Tue, 19 Aug 2025 | HK$373.6b | HK$62.3b | -HK$9,887,112,942.70 | 28x | -37.8x | 6x |
| Thu, 17 Jul 2025 | HK$342.5b | HK$63.5b | -HK$10,536,478,914.57 | 24.7x | -32.5x | 5.4x |
| Sat, 14 Jun 2025 | HK$306.3b | HK$62.4b | -HK$10,659,774,775.52 | 26x | -28.7x | 4.9x |
| Mon, 12 May 2025 | HK$300.6b | HK$62.0b | -HK$10,500,057,526.49 | 27.9x | -28.6x | 4.8x |
| Wed, 09 Apr 2025 | HK$248.8b | HK$61.2b | -HK$10,341,714,129.93 | 22.3x | -24.1x | 4.1x |
| Fri, 07 Mar 2025 | HK$266.1b | HK$59.1b | -HK$11,906,277,949.51 | 33.7x | -22.3x | 4.5x |
| Sun, 02 Feb 2025 | HK$212.2b | HK$59.3b | -HK$11,950,915,703.61 | 22.9x | -17.8x | 3.6x |
| Tue, 31 Dec 2024 | HK$229.1b | HK$63.0b | -HK$11,299,269,658.49 | 20.4x | -20.3x | 3.6x |
| Thu, 28 Nov 2024 | HK$201.8b | HK$63.6b | -HK$11,426,125,315.81 | 18.3x | -17.7x | 3.2x |
| Sat, 26 Oct 2024 | HK$176.9b | HK$64.2b | -HK$14,731,559,939.42 | 17.6x | -12x | 2.8x |
| Mon, 23 Sep 2024 | HK$146.2b | HK$63.4b | -HK$14,512,056,825.09 | 11.2x | -10.1x | 2.3x |
| Wed, 21 Aug 2024 | HK$119.0b | HK$59.3b | -HK$13,673,401,121.19 | 14.1x | -8.7x | 2x |
| Fri, 19 Jul 2024 | HK$135.6b | HK$58.5b | -HK$13,804,760,693.26 | 13x | -9.8x | 2.3x |
| Sun, 16 Jun 2024 | HK$149.0b | HK$58.6b | -HK$16,293,310,681.29 | 14.8x | -9.1x | 2.5x |
| Tue, 14 May 2024 | HK$156.2b | HK$58.4b | -HK$15,494,691,639.52 | 14.1x | -10.1x | 2.7x |
| Thu, 11 Apr 2024 | HK$123.8b | HK$58.5b | -HK$15,539,483,810.92 | 14.4x | -8x | 2.1x |
| Sat, 09 Mar 2024 | HK$109.1b | HK$54.8b | -HK$15,415,538,154.18 | 11.4x | -7.1x | 2x |
| Mon, 05 Feb 2024 | HK$96.2b | HK$55.3b | -HK$15,644,051,303.00 | 9.9x | -6.1x | 1.7x |
| Wed, 03 Jan 2024 | HK$159.9b | HK$63.4b | -HK$15,343,858,138.00 | 10.1x | -10.4x | 2.5x |
| Fri, 01 Dec 2023 | HK$155.1b | HK$63.4b | -HK$15,349,727,837.00 | 14.6x | -10.1x | 2.4x |
| Sun, 29 Oct 2023 | HK$137.0b | HK$61.4b | -HK$9,152,881,648.00 | 12x | -15x | 2.2x |
| Tue, 26 Sep 2023 | HK$135.0b | HK$53.2b | -HK$9,642,358,353.00 | 15x | -14x | 2.5x |
| Thu, 24 Aug 2023 | HK$154.3b | HK$50.7b | -HK$9,918,683,106.00 | 20.7x | -15.6x | 3x |
| Sat, 22 Jul 2023 | HK$161.0b | HK$50.5b | -HK$10,697,257,161.00 | 21x | -15.1x | 3.2x |
| Mon, 19 Jun 2023 | HK$193.0b | HK$50.8b | -HK$10,790,067,910.00 | 18.3x | -17.9x | 3.8x |
| Wed, 17 May 2023 | HK$188.3b | HK$52.1b | -HK$11,300,314,375.00 | 14.4x | -16.7x | 3.6x |
| Fri, 14 Apr 2023 | HK$227.4b | HK$52.8b | -HK$11,709,659,905.00 | 16.4x | -19.4x | 4.3x |
| Sun, 12 Mar 2023 | HK$216.1b | HK$50.5b | -HK$26,080,865,295.00 | 14x | -8.3x | 4.3x |
| Tue, 07 Feb 2023 | HK$262.4b | HK$50.8b | -HK$26,698,530,702.00 | 18.1x | -9.8x | 5.2x |
| Thu, 05 Jan 2023 | HK$242.7b | HK$50.1b | -HK$26,200,087,284.00 | 15.9x | -9.3x | 4.8x |
Price to Earnings Ratio
-9.3x
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 3.8x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Software industry have improved over the last three years.
- Revenues for these companies have grown 10% 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 Market | -0.12% | |
| Tech | -0.25% | |
| Software | -1.66% | |
| Systems Software | 0.95% | |
| Application Software | -1.67% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 50% over the next 5 years.
- This is better than its past earnings growth rate of 2.5% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 50% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 20 SenseTime Group | HK$2.13 | 4.4% +HK$3.5b | 41.1% | PS16.9x | |
| 2718 Mininglamp Technology | HK$202.00 | 3.5% +HK$996.2m | n/a | PS18x | |
| 8148 Wuxi Life International Holdings Group | HK$3.93 | 27.6% +HK$389.4m | 385.2% | PS31.8x | |
| 8083 Youzan Technology | HK$0.15 | 8.1% +HK$357.8m | 5.8% | PS2.9x | |
| 6687 JST Group | HK$30.80 | 2.7% +HK$349.0m | n/a | PE405.9x |
