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Hong Kong (HSI) Software Industry Analysis

UpdatedSep 02, 2025
DataAggregated Company Financials
Companies41
  • 7D7.7%
  • 3M36.8%
  • 1Y81.8%
  • YTD66.4%

In the last week, the Software industry is up 7.7%, with Horizon Robotics up 21%. In the same time, Kingdee International Software Group was down 6.9%. In the last 12 months, the industry was up 82%. Earnings are forecast to grow by 52% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Sep 2025HK$466.4bHK$66.9b-HK$8,722,323,742.1026.1x-53.5x7x
Fri, 01 Aug 2025HK$355.2bHK$62.3b-HK$10,569,974,548.2525.4x-33.6x5.7x
Sun, 29 Jun 2025HK$319.3bHK$62.5b-HK$10,599,311,312.1627.5x-30.1x5.1x
Tue, 27 May 2025HK$298.5bHK$62.8b-HK$10,655,849,646.3927.6x-28x4.8x
Thu, 24 Apr 2025HK$277.9bHK$61.5b-HK$10,397,580,439.4825.6x-26.7x4.5x
Sat, 22 Mar 2025HK$239.2bHK$59.8b-HK$14,759,698,564.3325.5x-16.2x4x
Mon, 17 Feb 2025HK$256.6bHK$59.2b-HK$11,931,855,263.4730.6x-21.5x4.3x
Wed, 15 Jan 2025HK$187.6bHK$58.6b-HK$11,808,432,342.2624.9x-15.9x3.2x
Fri, 13 Dec 2024HK$235.4bHK$63.3b-HK$11,373,274,304.9820x-20.7x3.7x
Sun, 10 Nov 2024HK$206.9bHK$63.7b-HK$14,622,427,838.0618.3x-14.1x3.2x
Tue, 08 Oct 2024HK$230.2bHK$63.4b-HK$14,537,986,162.3220.2x-15.8x3.6x
Thu, 05 Sep 2024HK$140.6bHK$62.2b-HK$14,443,908,601.9711x-9.7x2.3x
Sat, 03 Aug 2024HK$122.3bHK$58.9b-HK$13,916,768,648.8312.8x-8.8x2.1x
Mon, 01 Jul 2024HK$146.0bHK$58.4b-HK$13,791,166,539.2113.3x-10.6x2.5x
Wed, 29 May 2024HK$150.0bHK$58.7b-HK$16,314,704,616.9414.2x-9.2x2.6x
Fri, 26 Apr 2024HK$120.4bHK$58.4b-HK$15,504,426,217.6013.5x-7.8x2.1x
Sun, 24 Mar 2024HK$138.3bHK$59.0b-HK$15,897,803,124.4211.2x-8.7x2.3x
Tue, 20 Feb 2024HK$103.4bHK$55.3b-HK$15,634,498,550.099.9x-6.6x1.9x
Thu, 18 Jan 2024HK$142.0bHK$63.7b-HK$15,155,573,898.0010.1x-9.4x2.2x
Sat, 16 Dec 2023HK$153.3bHK$63.6b-HK$15,410,726,338.0012.2x-9.9x2.4x
Mon, 13 Nov 2023HK$145.5bHK$61.5b-HK$9,183,743,926.0012.2x-15.8x2.4x
Wed, 11 Oct 2023HK$131.7bHK$53.3b-HK$9,655,972,623.0012.4x-13.6x2.5x
Fri, 08 Sep 2023HK$151.1bHK$53.2b-HK$9,650,689,852.0015.1x-15.7x2.8x
Sun, 06 Aug 2023HK$176.3bHK$50.7b-HK$10,690,010,614.0022.8x-16.5x3.5x
Tue, 04 Jul 2023HK$179.6bHK$50.2b-HK$10,614,077,932.0018.3x-16.9x3.6x
Thu, 01 Jun 2023HK$174.9bHK$51.0b-HK$10,844,206,019.0016.6x-16.1x3.4x
Sat, 29 Apr 2023HK$206.1bHK$52.5b-HK$11,633,141,040.0016.5x-17.7x3.9x
Mon, 27 Mar 2023HK$232.3bHK$51.2b-HK$22,582,008,618.0013.7x-10.3x4.5x
Wed, 22 Feb 2023HK$224.4bHK$50.2b-HK$26,324,489,499.0016.8x-8.5x4.5x
Fri, 20 Jan 2023HK$231.2bHK$50.7b-HK$26,632,292,139.0018.1x-8.7x4.6x
Sun, 18 Dec 2022HK$212.4bHK$49.4b-HK$25,738,398,039.0015x-8.3x4.3x
Tue, 15 Nov 2022HK$192.8bHK$48.8b-HK$25,604,716,272.0012.3x-7.5x3.9x
Thu, 13 Oct 2022HK$137.6bHK$48.6b-HK$25,600,167,919.0019.3x-5.4x2.8x
Sat, 10 Sep 2022HK$203.1bHK$49.7b-HK$26,313,651,247.0012.8x-7.7x4.1x
Price to Earnings Ratio

-7.7x


Total Market Cap: HK$203.1bTotal Earnings: -HK$26,313,651,247.00Total Revenue: HK$49.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Software Industry Price to Earnings3Y Average -15.1x202320242025
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 3.5x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 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-1.75%
Tech3.57%
Software7.66%
Application Software7.71%
Systems Software-0.61%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 52% over the next 5 years.
    • This is better than its past earnings growth rate of 2.2% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 52% 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
    9660 Horizon RoboticsHK$9.5621.3%
    +HK$23.3b
    n/aPE54.9x
    20 SenseTime GroupHK$2.078.4%
    +HK$6.2b
    81.6%PS16.7x
    9959 LinklogisHK$2.7020.5%
    +HK$907.4m
    92.9%PS4.9x
    2121 AInnovation Technology GroupHK$8.4218.8%
    +HK$720.3m
    124.5%PS3.1x
    1675 AsiaInfo TechnologiesHK$10.746.1%
    +HK$581.7m
    110.2%PE22.7x

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