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Hong Kong (HSI) Tech Hardware Industry Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies16
  • 7D1.1%
  • 3M6.9%
  • 1Y153.8%
  • YTD59.6%

Over the last 7 days, the Tech Hardware industry has risen 3.1%, driven by gains from Lenovo Group of 8.2%. Meanwhile, Quantum Thinking actually underperformed within the industry, shrinking 21% in the last week. This means that the industry has gained 156% over the past year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025HK$1.7tHK$1.7tHK$54.2b18.9x30.5x1x
Fri, 15 Aug 2025HK$1.6tHK$1.6tHK$44.3b31.5x35.1x1x
Sun, 13 Jul 2025HK$1.6tHK$1.6tHK$44.3b32.8x37.1x1x
Tue, 10 Jun 2025HK$1.6tHK$1.6tHK$44.5b32.7x34.9x1x
Thu, 08 May 2025HK$1.4tHK$1.5tHK$37.7b42.8x38.2x1x
Sat, 05 Apr 2025HK$1.3tHK$1.5tHK$37.6b40.2x34.7x0.9x
Mon, 03 Mar 2025HK$1.5tHK$1.4tHK$28.2b13.6x52.3x1.1x
Wed, 29 Jan 2025HK$1.1tHK$1.4tHK$25.6b12.6x43x0.8x
Fri, 27 Dec 2024HK$962.1bHK$1.4tHK$25.4b13.5x37.9x0.7x
Sun, 24 Nov 2024HK$847.5bHK$1.4tHK$25.6b14.3x33.2x0.6x
Tue, 22 Oct 2024HK$779.1bHK$1.3tHK$24.4b17.1x31.9x0.6x
Thu, 19 Sep 2024HK$626.0bHK$1.3tHK$24.5b18.7x25.6x0.5x
Sat, 17 Aug 2024HK$572.4bHK$1.3tHK$23.1b27.9x24.8x0.4x
Mon, 15 Jul 2024HK$582.7bHK$1.2tHK$22.4b24.7x26x0.5x
Wed, 12 Jun 2024HK$596.1bHK$1.2tHK$22.4b21.3x26.6x0.5x
Fri, 10 May 2024HK$632.7bHK$1.2tHK$20.6b22.8x30.7x0.5x
Sun, 07 Apr 2024HK$515.7bHK$1.2tHK$21.5b19.6x24x0.4x
Tue, 05 Mar 2024HK$477.6bHK$1.2tHK$23.6b18.4x20.2x0.4x
Thu, 01 Feb 2024HK$432.7bHK$1.2tHK$24.8b13.8x17.5x0.4x
Sat, 30 Dec 2023HK$553.2bHK$1.2tHK$24.7b17.6x22.4x0.4x
Mon, 27 Nov 2023HK$518.4bHK$1.2tHK$24.6b15.2x21.1x0.4x
Wed, 25 Oct 2023HK$451.8bHK$1.2tHK$19.8b15.6x22.9x0.4x
Fri, 22 Sep 2023HK$417.0bHK$1.2tHK$19.9b17.7x21x0.3x
Sun, 20 Aug 2023HK$408.5bHK$1.3tHK$20.0b12.7x20.4x0.3x
Tue, 18 Jul 2023HK$418.6bHK$1.3tHK$22.7b13x18.4x0.3x
Thu, 15 Jun 2023HK$398.1bHK$1.3tHK$22.8b13.1x17.4x0.3x
Sat, 13 May 2023HK$396.9bHK$1.4tHK$20.1b13.5x19.8x0.3x
Mon, 10 Apr 2023HK$435.6bHK$1.4tHK$20.1b13.8x21.6x0.3x
Wed, 08 Mar 2023HK$435.7bHK$1.5tHK$21.6b10.8x20.2x0.3x
Fri, 03 Feb 2023HK$451.5bHK$1.5tHK$23.3b11.2x19.4x0.3x
Sun, 01 Jan 2023HK$380.8bHK$1.5tHK$23.1b10.1x16.5x0.3x
Tue, 29 Nov 2022HK$333.0bHK$1.5tHK$22.9b9.7x14.5x0.2x
Thu, 27 Oct 2022HK$324.2bHK$1.5tHK$25.2b8.6x12.9x0.2x
Sat, 24 Sep 2022HK$334.5bHK$1.5tHK$25.4b9.5x13.2x0.2x
Price to Earnings Ratio

13.2x


Total Market Cap: HK$334.5bTotal Earnings: HK$25.4bTotal Revenue: HK$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Tech Hardware Industry Price to Earnings3Y Average 26.6x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong Tech industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.4x which is higher than its 3-year average PE of 26.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have grown 29% per year over the last three years.
  • Revenues for these companies have grown 4.0% 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 Market0.94%
Tech3.46%
Tech Hardware1.12%
Tech Hardware Storage and Peripherals1.12%
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
992 Lenovo GroupHK$11.708.2%
+HK$11.0b
23.9%PE11.3x
1810 XiaomiHK$56.450.4%
+HK$6.5b
189.2%PE36.1x
3396 Legend HoldingsHK$10.962.6%
+HK$659.7m
95.4%PE43.2x
1263 PC Partner GroupHK$6.464.5%
+HK$108.6m
58.7%PE7.9x
1079 PINE Technology HoldingsHK$0.4118.8%
+HK$86.2m
688.5%PS2.2x

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