Future Machine Limited's (HKG:1401) Shares Climb 30% But Its Business Is Yet to Catch Up
Jan 19
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Tech Hardware Storage and Peripherals Industry Analysis
UpdatedJan 20, 2026
DataAggregated Company Financials
Companies16
- 7D-5.3%
- 3M-21.2%
- 1Y4.2%
- YTDn/a
Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 1.8%, driven by a pullback from Xiaomi of 5.8%. On the other hand Future Machine is actually up 11%. In the past year, the industry has gained 5.3%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Hong Kong Tech Hardware Storage and Peripherals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 20 Jan 2026 | HK$1.1t | HK$1.7t | HK$62.5b | 19.1x | 17.3x | 0.6x |
| Thu, 18 Dec 2025 | HK$1.2t | HK$1.7t | HK$62.1b | 18.1x | 19.6x | 0.7x |
| Sat, 15 Nov 2025 | HK$1.3t | HK$1.7t | HK$53.7b | 16x | 24.1x | 0.8x |
| Mon, 13 Oct 2025 | HK$1.6t | HK$1.7t | HK$53.5b | 16.9x | 29.4x | 0.9x |
| Wed, 10 Sep 2025 | HK$1.6t | HK$1.7t | HK$54.2b | 19.2x | 30.1x | 1x |
| Fri, 08 Aug 2025 | HK$1.5t | HK$1.6t | HK$44.3b | 30.3x | 34.3x | 1x |
| Sun, 06 Jul 2025 | HK$1.6t | HK$1.6t | HK$44.3b | 32.6x | 37.1x | 1x |
| Tue, 03 Jun 2025 | HK$1.5t | HK$1.6t | HK$44.3b | 40.5x | 33.3x | 0.9x |
| Thu, 01 May 2025 | HK$1.4t | HK$1.5t | HK$37.6b | 44.5x | 38.2x | 1x |
| Sat, 29 Mar 2025 | HK$1.4t | HK$1.4t | HK$32.9b | 26.7x | 44x | 1x |
| Mon, 24 Feb 2025 | HK$1.5t | HK$1.4t | HK$28.3b | 13.8x | 53x | 1.1x |
| Wed, 22 Jan 2025 | HK$1.0t | HK$1.4t | HK$25.5b | 12.7x | 40.9x | 0.8x |
| Fri, 20 Dec 2024 | HK$909.0b | HK$1.4t | HK$25.4b | 13.4x | 35.8x | 0.7x |
| Sun, 17 Nov 2024 | HK$849.0b | HK$1.4t | HK$25.1b | 16.4x | 33.8x | 0.6x |
| Tue, 15 Oct 2024 | HK$754.0b | HK$1.3t | HK$24.5b | 15.9x | 30.7x | 0.6x |
| Thu, 12 Sep 2024 | HK$605.2b | HK$1.3t | HK$24.5b | 18x | 24.8x | 0.5x |
| Sat, 10 Aug 2024 | HK$554.8b | HK$1.3t | HK$22.5b | 22.9x | 24.6x | 0.4x |
| Mon, 08 Jul 2024 | HK$574.9b | HK$1.2t | HK$22.4b | 24.5x | 25.7x | 0.5x |
| Wed, 05 Jun 2024 | HK$609.8b | HK$1.3t | HK$22.5b | 21.5x | 27.1x | 0.5x |
| Fri, 03 May 2024 | HK$580.4b | HK$1.2t | HK$20.6b | 20.8x | 28.2x | 0.5x |
| Sun, 31 Mar 2024 | HK$507.8b | HK$1.2t | HK$21.5b | 19.1x | 23.6x | 0.4x |
| Tue, 27 Feb 2024 | HK$459.8b | HK$1.2t | HK$23.6b | 17.5x | 19.5x | 0.4x |
| Thu, 25 Jan 2024 | HK$493.2b | HK$1.2t | HK$24.8b | 16.3x | 19.9x | 0.4x |
| Sat, 23 Dec 2023 | HK$546.5b | HK$1.2t | HK$24.7b | 16.6x | 22.1x | 0.4x |
| Mon, 20 Nov 2023 | HK$542.8b | HK$1.2t | HK$17.6b | 15.4x | 30.9x | 0.4x |
| Wed, 18 Oct 2023 | HK$448.0b | HK$1.2t | HK$19.8b | 17.5x | 22.7x | 0.4x |
| Fri, 15 Sep 2023 | HK$433.5b | HK$1.2t | HK$19.9b | 20.8x | 21.8x | 0.3x |
| Sun, 13 Aug 2023 | HK$421.1b | HK$1.3t | HK$22.7b | 13x | 18.6x | 0.3x |
| Tue, 11 Jul 2023 | HK$396.2b | HK$1.3t | HK$22.7b | 12.8x | 17.5x | 0.3x |
| Thu, 08 Jun 2023 | HK$395.3b | HK$1.3t | HK$22.9b | 13x | 17.3x | 0.3x |
| Sat, 06 May 2023 | HK$405.3b | HK$1.4t | HK$20.1b | 13.4x | 20.2x | 0.3x |
| Mon, 03 Apr 2023 | HK$435.4b | HK$1.4t | HK$20.1b | 13.5x | 21.6x | 0.3x |
| Wed, 01 Mar 2023 | HK$413.1b | HK$1.5t | HK$21.6b | 10.5x | 19.1x | 0.3x |
| Fri, 27 Jan 2023 | HK$444.5b | HK$1.5t | HK$23.2b | 11.6x | 19.1x | 0.3x |
Price to Earnings Ratio
19.1x
Current Industry PE
- Investors are pessimistic on the Hong Kong Technology Hardware, Storage and Peripherals 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 17.6x which is lower than its 3-year average PE of 27.6x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 4.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Tech Hardware Storage and Peripherals compare with similar industries?
| HK Market | -0.032% | |
| Tech | -0.40% | |
| Tech Hardware | -5.26% | |
| Tech Hardware Storage and Peripherals | -5.26% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1401 Future Machine | HK$0.71 | 7.6% +HK$75.0m | -57.2% | PE53.7x | |
| 8050 City Coolxuan | HK$1.94 | 13.5% +HK$62.4m | 65.1% | PE232.7x | |
| 6133 Vital Innovations Holdings | HK$0.23 | 22.2% +HK$34.9m | 47.7% | PS0.2x | |
| 164 China Baoli Technologies Holdings | HK$0.40 | 6.7% +HK$7.3m | 8.1% | PS2.4x | |
| 2028 Jolimark Holdings | HK$0.082 | 5.1% +HK$2.5m | 57.7% | PS0.3x |
