Narrative Update • Jul 14

Over the last 7 days, the Interactive Home Entertainment industry has dropped 3.2%, driven by NetEase declining 1.9%. However, the industry is down 5.2% over the past year. Earnings are forecast to grow by 9.1% annually.
Has the Hong Kong Interactive Home Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 Jul 2026 | HK$734.0b | HK$180.6b | HK$45.4b | 11.7x | 16.2x | 4.1x |
| Mon, 15 Jun 2026 | HK$725.9b | HK$181.0b | HK$45.4b | 12.3x | 16x | 4x |
| Wed, 13 May 2026 | HK$695.4b | HK$178.1b | HK$44.0b | 14.1x | 15.8x | 3.9x |
| Fri, 10 Apr 2026 | HK$657.3b | HK$177.0b | HK$43.7b | 14.1x | 15x | 3.7x |
| Sun, 08 Mar 2026 | HK$703.4b | HK$176.5b | HK$41.0b | 13.4x | 17.1x | 4x |
| Tue, 03 Feb 2026 | HK$747.9b | HK$174.3b | HK$43.6b | 14.4x | 17.2x | 4.3x |
| Thu, 01 Jan 2026 | HK$789.1b | HK$172.4b | HK$43.1b | 12.3x | 18.3x | 4.6x |
| Sat, 29 Nov 2025 | HK$790.3b | HK$170.6b | HK$42.7b | 13.5x | 18.5x | 4.6x |
| Mon, 27 Oct 2025 | HK$852.1b | HK$167.4b | HK$39.9b | 13.8x | 21.3x | 5.1x |
| Wed, 24 Sep 2025 | HK$884.1b | HK$167.7b | HK$40.1b | 15.7x | 22x | 5.3x |
| Fri, 22 Aug 2025 | HK$777.0b | HK$168.8b | HK$38.7b | 14.7x | 20.1x | 4.6x |
| Sun, 20 Jul 2025 | HK$795.4b | HK$167.1b | HK$36.2b | 17.6x | 22x | 4.8x |
| Tue, 17 Jun 2025 | HK$768.8b | HK$167.1b | HK$36.2b | 13.5x | 21.3x | 4.6x |
| Thu, 15 May 2025 | HK$632.4b | HK$163.3b | HK$33.6b | 11.6x | 18.8x | 3.9x |
| Sat, 12 Apr 2025 | HK$578.2b | HK$160.2b | HK$32.9b | 11.1x | 17.6x | 3.6x |
| Mon, 10 Mar 2025 | HK$635.3b | HK$162.5b | HK$33.9b | 13.9x | 18.7x | 3.9x |
| Wed, 05 Feb 2025 | HK$617.0b | HK$162.9b | HK$30.9b | 12x | 20x | 3.8x |
| Fri, 03 Jan 2025 | HK$534.4b | HK$161.6b | HK$30.6b | 12.4x | 17.5x | 3.3x |
| Sun, 01 Dec 2024 | HK$525.4b | HK$162.9b | HK$30.9b | 12.4x | 17x | 3.2x |
| Tue, 29 Oct 2024 | HK$484.8b | HK$165.4b | HK$32.4b | 11.2x | 15x | 2.9x |
| Thu, 26 Sep 2024 | HK$76.6b | HK$49.7b | HK$1.0b | 8.9x | 76.2x | 1.5x |
| Sat, 24 Aug 2024 | HK$70.3b | HK$50.2b | HK$2.6b | 6.1x | 27.3x | 1.4x |
| Mon, 22 Jul 2024 | HK$76.6b | HK$49.3b | HK$2.4b | 6.8x | 32.4x | 1.6x |
| Wed, 19 Jun 2024 | HK$91.7b | HK$49.7b | HK$2.3b | 7.6x | 39.2x | 1.8x |
| Fri, 17 May 2024 | HK$99.8b | HK$49.8b | HK$1.9b | 10.8x | 52.7x | 2x |
| Sun, 14 Apr 2024 | HK$92.2b | HK$49.8b | HK$1.9b | 9.9x | 48.6x | 1.8x |
| Tue, 12 Mar 2024 | HK$96.7b | HK$52.4b | -HK$226,602,056.23 | 18.2x | -426.8x | 1.8x |
| Thu, 08 Feb 2024 | HK$81.3b | HK$52.9b | -HK$231,957,594.37 | 16.3x | -350.6x | 1.5x |
| Sat, 06 Jan 2024 | HK$79.2b | HK$44.3b | -HK$726,654,632.00 | 17.1x | -108.9x | 1.8x |
| Mon, 04 Dec 2023 | HK$84.3b | HK$44.3b | -HK$729,269,763.00 | 16.3x | -115.5x | 1.9x |
| Wed, 01 Nov 2023 | HK$85.0b | HK$43.2b | -HK$7,240,989,609.00 | 15.3x | -11.7x | 2x |
| Fri, 29 Sep 2023 | HK$94.5b | HK$52.7b | -HK$6,704,454,154.00 | 14.9x | -14.1x | 1.8x |
| Sun, 27 Aug 2023 | HK$95.0b | HK$44.1b | -HK$8,234,250,756.00 | 16.3x | -11.5x | 2.2x |
| Tue, 25 Jul 2023 | HK$101.1b | HK$43.3b | -HK$8,878,605,194.00 | 13.7x | -11.4x | 2.3x |
-11.4x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | 0.25% | |
| Telecom | 0.48% | |
| Entertainment | -2.24% | |
| Interactive Home Entertainment | -2.03% | |
| Movies and Entertainment | -3.81% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9890 Tanwan | HK$10.58 | 2.8% +HK$151.2m | -29.1% | PE3.2x | |
| 1909 Fire Rock Holdings | HK$1.99 | 13.7% +HK$58.3m | 4.2% | PS3.3x | |
| 484 Forgame Holdings | HK$0.69 | 7.8% +HK$8.4m | -20.7% | PS0.6x |