Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Hong Kong (HSI) Tech Hardware Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies16
  • 7D-0.4%
  • 3M-3.6%
  • 1Y-29.0%
  • YTD-8.1%

Over the last 7 days, the Tech Hardware industry has dropped 1.2%, driven by Xiaomi declining 1.2%. On the other hand Rongta Technology (Xiamen) Group is actually up 5.1%. Overall the industry is down 25% in 12 months. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026HK$1.1tHK$1.8tHK$61.9b19x17.7x0.6x
Sun, 18 Jan 2026HK$1.1tHK$1.7tHK$62.5b19.4x17.6x0.6x
Tue, 16 Dec 2025HK$1.2tHK$1.7tHK$62.1b18.3x19.9x0.7x
Thu, 13 Nov 2025HK$1.3tHK$1.7tHK$53.5b16.2x24.9x0.8x
Sat, 11 Oct 2025HK$1.6tHK$1.7tHK$53.6b16.9x29.3x0.9x
Mon, 08 Sep 2025HK$1.6tHK$1.7tHK$54.2b19.8x28.9x0.9x
Wed, 06 Aug 2025HK$1.6tHK$1.6tHK$44.2b31.4x35.8x1x
Fri, 04 Jul 2025HK$1.7tHK$1.6tHK$44.6b33.9x37.2x1.1x
Sun, 01 Jun 2025HK$1.5tHK$1.6tHK$44.3b40x33x0.9x
Tue, 29 Apr 2025HK$1.4tHK$1.5tHK$37.4b39.4x36.5x0.9x
Thu, 27 Mar 2025HK$1.5tHK$1.4tHK$32.8b15.7x46x1.1x
Sat, 22 Feb 2025HK$1.5tHK$1.4tHK$25.5b15.9x58.7x1.1x
Mon, 20 Jan 2025HK$1.0tHK$1.4tHK$25.4b12.9x40x0.7x
Wed, 18 Dec 2024HK$884.9bHK$1.4tHK$25.4b13.6x34.8x0.6x
Fri, 15 Nov 2024HK$847.9bHK$1.3tHK$24.2b16.3x35x0.6x
Sun, 13 Oct 2024HK$754.0bHK$1.3tHK$24.5b15.9x30.7x0.6x
Tue, 10 Sep 2024HK$598.7bHK$1.3tHK$24.4b18x24.5x0.4x
Thu, 08 Aug 2024HK$539.5bHK$1.3tHK$22.5b22.6x23.9x0.4x
Sat, 06 Jul 2024HK$575.0bHK$1.2tHK$22.4b24.5x25.7x0.5x
Mon, 03 Jun 2024HK$601.3bHK$1.3tHK$22.5b19.8x26.8x0.5x
Wed, 01 May 2024HK$570.0bHK$1.2tHK$20.6b20.6x27.7x0.5x
Fri, 29 Mar 2024HK$507.8bHK$1.2tHK$25.3b19.1x20.1x0.4x
Sun, 25 Feb 2024HK$458.4bHK$1.2tHK$23.6b17.3x19.4x0.4x
Tue, 23 Jan 2024HK$471.3bHK$1.2tHK$24.5b15.9x19.2x0.4x
Thu, 21 Dec 2023HK$558.9bHK$1.2tHK$24.6b16.7x22.7x0.5x
Sat, 18 Nov 2023HK$542.8bHK$1.2tHK$19.8b14.5x27.4x0.4x
Mon, 16 Oct 2023HK$448.0bHK$1.2tHK$19.8b17.5x22.7x0.4x
Wed, 13 Sep 2023HK$425.2bHK$1.2tHK$19.9b20.8x21.4x0.3x
Fri, 11 Aug 2023HK$430.0bHK$1.3tHK$22.7b13.1x19x0.3x
Sun, 09 Jul 2023HK$398.6bHK$1.3tHK$22.7b12.7x17.6x0.3x
Tue, 06 Jun 2023HK$392.5bHK$1.3tHK$22.9b13.2x17.1x0.3x
Thu, 04 May 2023HK$399.8bHK$1.4tHK$20.1b13.1x19.9x0.3x
Sat, 01 Apr 2023HK$435.4bHK$1.4tHK$20.8b11.2x21x0.3x
Mon, 27 Feb 2023HK$417.8bHK$1.5tHK$21.6b10.8x19.4x0.3x
Price to Earnings Ratio

19.4x


Total Market Cap: HK$417.8bTotal Earnings: HK$21.6bTotal Revenue: HK$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Tech Hardware Industry Price to Earnings3Y Average 27.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Hong Kong Tech industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 17.7x which is lower than its 3-year average PE of 27.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have grown 42% per year over the last three years.
  • Revenues for these companies have grown 7.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

HK Market0.67%
Tech0.41%
Tech Hardware-0.44%
Tech Hardware Storage and Peripherals-0.44%
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?

CompanyLast Price7D1YValuation
8050 City CoolxuanHK$2.1310.9%
+HK$57.0m		95.4%PE255.5x
3315 Goldpac GroupHK$0.871.2%
+HK$8.1m		-15.5%PE14.3x
6133 Vital Innovations HoldingsHK$0.213.5%
+HK$6.0m		38.3%PS0.2x
164 China Baoli Technologies HoldingsHK$0.422.4%
+HK$2.9m		6.3%PS2.5x

Latest News

1810
HK$35.36
Xiaomi
7D
-4.0%
1Y
-31.6%

1810: Slower Revenue Outlook Will Outweigh Potential Benefits From Crypto Partnership

Analysts have lowered their Xiaomi price target from HK$46.89 to HK$31.23, primarily reflecting revised assumptions for slower revenue growth, a lower future P/E and a higher discount rate, partly offset by higher projected profit margins. What's in the News Ford held discussions with Xiaomi about a potential partnership, according to a Financial Times report.
992
HK$9.22
Lenovo Group
7D
-0.4%
1Y
-32.2%

992: Memory Cost Headwinds Will Set Up Future AI Hardware Recovery

Analysts have reduced their price target on Lenovo Group to HK$9.50 from HK$13.00, citing concerns that rising memory prices and potential component shortages over the next six months could pressure earnings and support a lower fair value and P/E assumption. Analyst Commentary The latest move from JPMorgan to trim its price target on Lenovo Group to HK$9.50 from HK$13 centers on concerns that higher memory costs and potential component shortages over the next six months could weigh on earnings and justify a lower P/E assumption.
1079
HK$0.28
PINE Technology Holdings
7D
-5.0%
1Y
458.8%
1401
HK$0.97
Future Machine
7D
-9.3%
1Y
-33.6%
2385
HK$5.84
Readboy Education Holding
7D
-0.8%
1Y
-24.0%
8050
HK$2.13
City Coolxuan
7D
10.9%
1Y
95.4%
9881
HK$21.00
Rongta Technology (Xiamen) Group
7D
-1.6%
1Y
n/a
6133
HK$0.21
Vital Innovations Holdings
7D
3.5%
1Y
38.3%
164
HK$0.42
China Baoli Technologies Holdings
7D
2.4%
1Y
6.3%
3396
HK$8.38
Legend Holdings
7D
-4.2%
1Y
-12.3%

Does This Valuation Of Legend Holdings Corporation (HKG:3396) Imply Investors Are Overpaying?

Jan 02
Does This Valuation Of Legend Holdings Corporation (HKG:3396) Imply Investors Are Overpaying?
2369
HK$0.63
Coolpad Group
7D
-4.5%
1Y
n/a
3315
HK$0.87
Goldpac Group
7D
1.2%
1Y
-15.5%

Goldpac Group (HKG:3315) Has Some Difficulty Using Its Capital Effectively

Nov 21
Goldpac Group (HKG:3315) Has Some Difficulty Using Its Capital Effectively