Subdued Growth No Barrier To Qingci Games Inc. (HKG:6633) With Shares Advancing 29%
Mar 12
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Telecom Sector Analysis
UpdatedMar 13, 2025
DataAggregated Company Financials
Companies134
- 7D1.5%
- 3M18.7%
- 1Y46.2%
- YTD19.7%
The Telecom industry is up 1.5% in the last week, with China Tower up 8.7%. During this same period, the Tencent Holdings underperformed, falling 6.7%. This means that the industry has gained 46% over the past year. Looking forward, earnings are forecast to grow by 10% annually.
Sector Valuation and Performance
Has the Hong Kong Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 13 Mar 2025 | HK$9.0t | HK$3.4t | HK$454.5b | 12.2x | 19.7x | 2.6x |
| Sat, 08 Feb 2025 | HK$7.9t | HK$3.4t | HK$449.0b | 11.8x | 17.5x | 2.3x |
| Mon, 06 Jan 2025 | HK$7.6t | HK$3.4t | HK$446.4b | 11.6x | 17x | 2.3x |
| Wed, 04 Dec 2024 | HK$7.4t | HK$3.4t | HK$448.2b | 12.1x | 16.5x | 2.2x |
| Fri, 01 Nov 2024 | HK$7.4t | HK$3.4t | HK$438.0b | 11x | 16.8x | 2.1x |
| Sun, 29 Sep 2024 | HK$7.3t | HK$3.4t | HK$410.2b | 10.7x | 17.7x | 2.2x |
| Tue, 27 Aug 2024 | HK$6.7t | HK$3.3t | HK$406.8b | 10.6x | 16.5x | 2x |
| Thu, 25 Jul 2024 | HK$6.6t | HK$3.2t | HK$369.5b | 12x | 17.8x | 2x |
| Sat, 22 Jun 2024 | HK$6.7t | HK$3.2t | HK$369.9b | 11.3x | 18x | 2.1x |
| Mon, 20 May 2024 | HK$6.9t | HK$3.2t | HK$365.6b | 12.8x | 18.8x | 2.1x |
| Wed, 17 Apr 2024 | HK$5.9t | HK$3.2t | HK$345.7b | 11x | 17x | 1.8x |
| Fri, 15 Mar 2024 | HK$5.7t | HK$3.2t | HK$427.4b | 12.7x | 13.2x | 1.8x |
| Sun, 11 Feb 2024 | HK$5.6t | HK$3.2t | HK$428.2b | 12.7x | 13x | 1.7x |
| Tue, 09 Jan 2024 | HK$5.5t | HK$3.2t | HK$424.4b | 12.5x | 13x | 1.7x |
| Thu, 07 Dec 2023 | HK$5.7t | HK$3.2t | HK$424.5b | 13.2x | 13.5x | 1.8x |
| Sat, 04 Nov 2023 | HK$5.6t | HK$3.1t | HK$408.1b | 9.7x | 13.8x | 1.8x |
| Mon, 02 Oct 2023 | HK$5.9t | HK$3.1t | HK$408.4b | 11.5x | 14.4x | 1.9x |
| Wed, 30 Aug 2023 | HK$6.1t | HK$3.1t | HK$406.0b | 11.8x | 15.1x | 2x |
| Fri, 28 Jul 2023 | HK$6.3t | HK$3.1t | HK$388.8b | 13.3x | 16.2x | 2x |
| Sun, 25 Jun 2023 | HK$6.1t | HK$3.1t | HK$388.2b | 14x | 15.7x | 2x |
| Tue, 23 May 2023 | HK$6.0t | HK$3.1t | HK$390.9b | 14.1x | 15.3x | 1.9x |
| Thu, 20 Apr 2023 | HK$6.6t | HK$3.1t | HK$393.1b | 14.9x | 16.7x | 2.1x |
| Sat, 18 Mar 2023 | HK$6.4t | HK$3.1t | HK$383.5b | 11x | 16.6x | 2x |
| Mon, 13 Feb 2023 | HK$6.4t | HK$3.1t | HK$392.5b | 11.7x | 16.4x | 2x |
| Wed, 11 Jan 2023 | HK$6.1t | HK$3.1t | HK$392.2b | 11.4x | 15.5x | 1.9x |
| Fri, 09 Dec 2022 | HK$5.5t | HK$3.0t | HK$380.3b | 10.5x | 14.4x | 1.8x |
| Sun, 06 Nov 2022 | HK$4.4t | HK$2.9t | HK$368.1b | 10.2x | 12x | 1.5x |
| Tue, 04 Oct 2022 | HK$4.7t | HK$3.0t | HK$375.0b | 11.1x | 12.6x | 1.6x |
| Thu, 01 Sep 2022 | HK$5.6t | HK$3.0t | HK$384.3b | 11.9x | 14.6x | 1.8x |
| Sat, 30 Jul 2022 | HK$5.4t | HK$3.1t | HK$401.7b | 9.1x | 13.4x | 1.8x |
| Mon, 27 Jun 2022 | HK$6.2t | HK$3.1t | HK$405.3b | 10.3x | 15.2x | 2x |
| Wed, 25 May 2022 | HK$5.7t | HK$3.1t | HK$347.1b | 10.6x | 16.4x | 1.8x |
| Fri, 22 Apr 2022 | HK$5.8t | HK$3.1t | HK$384.8b | 10.8x | 15.2x | 1.9x |
| Sun, 20 Mar 2022 | HK$6.2t | HK$3.1t | HK$325.2b | 9.7x | 19x | 2x |
Price to Earnings Ratio
19x
Current Industry PE
- Investors are optimistic on the Hong Kong Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.7x which is higher than its 3-year average PE of 15.6x.
- The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 2.8% 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 Telecom sector?
| HK Market | 1.05% | |
| Telecom | 1.48% | |
| Media | 3.51% | |
| Interactive Media and Services | 2.42% | |
| Entertainment | 1.88% | |
| Wireless Telecom | 0.79% | |
| Telecom Services and Carriers | -1.24% | |
Industry PE
- Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 19.2x.
- Analysts are expecting annual earnings growth of 11.4%, which is higher than its past year's earnings growth of 6.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 2.2% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 3.9% 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 | |
|---|---|---|---|---|---|
| 788 China Tower | HK$12.26 | 8.7% +HK$17.1b | 21.4% | PE18.9x | |
| 941 China Mobile | HK$82.70 | 0.6% +HK$10.8b | 23.9% | PE12.1x | |
| 1024 Kuaishou Technology | HK$63.30 | 4.1% +HK$10.7b | 24.5% | PE16.9x | |
| 917 Qunabox Group | HK$98.50 | 11.9% +HK$2.8b | n/a | PS20.8x | |
| 1860 Mobvista | HK$5.90 | 15.7% +HK$1.2b | 83.8% | PE42.5x |
