Narrative Update • May 15

Over the last 7 days, the Interactive Home Entertainment industry has dropped 3.3%, driven by NetEase declining 2.5%. In contrast, IGG has gained 8.7%. The industry has fallen 6.7% in the last year. As for the next few years, earnings are expected to grow by 8.8% per annum.
Has the Hong Kong Interactive Home Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 18 May 2026 | HK$664.9b | HK$177.7b | HK$43.9b | 13.7x | 15.1x | 3.7x |
| Wed, 15 Apr 2026 | HK$651.9b | HK$177.6b | HK$43.9b | 14x | 14.9x | 3.7x |
| Fri, 13 Mar 2026 | HK$685.0b | HK$177.3b | HK$41.2b | 13x | 16.6x | 3.9x |
| Sun, 08 Feb 2026 | HK$709.9b | HK$174.5b | HK$43.6b | 13.7x | 16.3x | 4.1x |
| Tue, 06 Jan 2026 | HK$818.5b | HK$172.9b | HK$43.2b | 12.6x | 18.9x | 4.7x |
| Thu, 04 Dec 2025 | HK$800.1b | HK$170.9b | HK$42.7b | 13x | 18.7x | 4.7x |
| Sat, 01 Nov 2025 | HK$808.4b | HK$167.6b | HK$40.0b | 14.1x | 20.2x | 4.8x |
| Mon, 29 Sep 2025 | HK$858.0b | HK$167.3b | HK$40.0b | 15.3x | 21.4x | 5.1x |
| Wed, 27 Aug 2025 | HK$815.5b | HK$169.2b | HK$38.8b | 15.2x | 21x | 4.8x |
| Fri, 25 Jul 2025 | HK$796.9b | HK$167.6b | HK$36.3b | 16.5x | 22x | 4.8x |
| Sun, 22 Jun 2025 | HK$762.4b | HK$167.1b | HK$36.2b | 13.1x | 21.1x | 4.6x |
| Tue, 20 May 2025 | HK$694.4b | HK$165.5b | HK$36.5b | 11.3x | 19x | 4.2x |
| Thu, 17 Apr 2025 | HK$570.5b | HK$160.2b | HK$32.9b | 11.1x | 17.3x | 3.6x |
| Sat, 15 Mar 2025 | HK$628.7b | HK$162.5b | HK$33.9b | 13.5x | 18.5x | 3.9x |
| Mon, 10 Feb 2025 | HK$634.4b | HK$162.1b | HK$30.7b | 12.2x | 20.7x | 3.9x |
| Wed, 08 Jan 2025 | HK$534.6b | HK$161.0b | HK$30.5b | 13.2x | 17.5x | 3.3x |
| Fri, 06 Dec 2024 | HK$553.5b | HK$162.4b | HK$30.8b | 15.5x | 18x | 3.4x |
| Sun, 03 Nov 2024 | HK$480.5b | HK$165.7b | HK$32.5b | 11.1x | 14.8x | 2.9x |
| Tue, 01 Oct 2024 | HK$93.2b | HK$49.7b | HK$1.0b | 10.3x | 92.7x | 1.9x |
| Thu, 29 Aug 2024 | HK$71.1b | HK$50.3b | HK$2.1b | 7.8x | 33.6x | 1.4x |
| Sat, 27 Jul 2024 | HK$75.4b | HK$49.4b | HK$2.4b | 6.5x | 31.9x | 1.5x |
| Mon, 24 Jun 2024 | HK$88.0b | HK$49.7b | HK$2.3b | 7.6x | 37.7x | 1.8x |
| Wed, 22 May 2024 | HK$97.8b | HK$49.6b | HK$1.9b | 10.9x | 51.7x | 2x |
| Fri, 19 Apr 2024 | HK$89.7b | HK$49.8b | HK$1.9b | 9.6x | 47.3x | 1.8x |
| Sun, 17 Mar 2024 | HK$93.0b | HK$52.4b | -HK$226,560,072.49 | 18.1x | -410.5x | 1.8x |
| Tue, 13 Feb 2024 | HK$84.2b | HK$52.4b | -HK$231,211,262.66 | 17.7x | -364x | 1.6x |
| Thu, 11 Jan 2024 | HK$77.5b | HK$44.2b | -HK$724,017,362.00 | 16.6x | -107.1x | 1.8x |
| Sat, 09 Dec 2023 | HK$82.7b | HK$44.2b | -HK$727,311,908.00 | 16.3x | -113.7x | 1.9x |
| Mon, 06 Nov 2023 | HK$88.1b | HK$43.2b | -HK$7,250,671,500.00 | 15.8x | -12.2x | 2x |
| Wed, 04 Oct 2023 | HK$94.6b | HK$51.5b | -HK$6,778,344,503.00 | 13.5x | -14x | 1.8x |
| Fri, 01 Sep 2023 | HK$97.6b | HK$44.2b | -HK$8,233,940,169.00 | 16.4x | -11.8x | 2.2x |
| Sun, 30 Jul 2023 | HK$104.3b | HK$43.4b | -HK$8,908,830,681.00 | 14.3x | -11.7x | 2.4x |
| Tue, 27 Jun 2023 | HK$102.6b | HK$43.2b | -HK$8,852,725,837.00 | 14.3x | -11.6x | 2.4x |
| Thu, 25 May 2023 | HK$99.9b | HK$44.1b | -HK$9,092,306,656.00 | 14.2x | -11x | 2.3x |
-11x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | -1.69% | |
| Telecom | -2.16% | |
| Entertainment | -3.09% | |
| Interactive Home Entertainment | -3.28% | |
| Movies and Entertainment | -1.95% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 799 IGG | HK$3.59 | 6.2% +HK$240.5m | 0% | PE7.1x | |
| 2100 BAIOO Family Interactive | HK$0.55 | 7.8% +HK$114.7m | 27.9% | PS2.2x | |
| 6633 Qingci Games | HK$2.57 | 2.4% +HK$41.5m | -8.2% | PE12.7x | |
| 8282 Gameone Holdings | HK$0.69 | 38.0% +HK$10.8m | 72.5% | PE60.9x | |
| 484 Forgame Holdings | HK$0.82 | 2.5% +HK$3.4m | 12.3% | PS0.8x |